Far East Consortium International Limited, an investment holding company, engages in the property development and investment, hotel operations and management, car park operations and facilities management, gaming operations and management, and treasury management businesses.
Far East Consortium International Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$2.59|
|52 Week High||HK$2.18|
|52 Week Low||HK$3.25|
|1 Month Change||-1.89%|
|3 Month Change||-16.99%|
|1 Year Change||15.63%|
|3 Year Change||-27.86%|
|5 Year Change||-19.06%|
|Change since IPO||97.71%|
Recent News & Updates
|35||HK Real Estate||HK Market|
Return vs Industry: 35 exceeded the Hong Kong Real Estate industry which returned -12.5% over the past year.
Return vs Market: 35 exceeded the Hong Kong Market which returned 5.3% over the past year.
Stable Share Price: 35 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: 35's weekly volatility (3%) has been stable over the past year.
About the Company
Far East Consortium International Limited, an investment holding company, engages in the property development and investment, hotel operations and management, car park operations and facilities management, gaming operations and management, and treasury management businesses. It develops a portfolio of residential properties; invests in retail and office buildings; and operates hotels. The company also operates third party and self-owned car parks; and owns and operates casinos and gaming facilities.
Far East Consortium International Fundamentals Summary
|35 fundamental statistics|
Is 35 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|35 income statement (TTM)|
|Cost of Revenue||HK$3.63b|
Last Reported Earnings
Mar 31, 2021
Next Earnings Date
|Earnings per share (EPS)||0.23|
|Net Profit Margin||9.14%|
How did 35 perform over the long term?See historical performance and comparison
7.3%Current Dividend Yield
Is Far East Consortium International undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 35 (HK$2.59) is trading below our estimate of fair value (HK$35.53)
Significantly Below Fair Value: 35 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 35 is poor value based on its PE Ratio (11.5x) compared to the Hong Kong Real Estate industry average (7.4x).
PE vs Market: 35 is poor value based on its PE Ratio (11.5x) compared to the Hong Kong market (9.7x).
Price to Earnings Growth Ratio
PEG Ratio: 35 is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: 35's PB Ratio (0.4x) is in line with the HK Real Estate industry average.
How is Far East Consortium International forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 35's forecast earnings growth (18.9% per year) is above the savings rate (1.5%).
Earnings vs Market: 35's earnings (18.9% per year) are forecast to grow faster than the Hong Kong market (17.4% per year).
High Growth Earnings: 35's earnings are forecast to grow, but not significantly.
Revenue vs Market: 35's revenue (7% per year) is forecast to grow slower than the Hong Kong market (12.5% per year).
High Growth Revenue: 35's revenue (7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 35's Return on Equity is forecast to be low in 3 years time (5.9%).
How has Far East Consortium International performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 35 has a large one-off gain of HK$668.3M impacting its March 31 2021 financial results.
Growing Profit Margin: 35's current net profit margins (9.1%) are higher than last year (4.9%).
Past Earnings Growth Analysis
Earnings Trend: 35's earnings have declined by 13% per year over the past 5 years.
Accelerating Growth: 35's earnings growth over the past year (48.5%) exceeds its 5-year average (-13% per year).
Earnings vs Industry: 35 earnings growth over the past year (48.5%) exceeded the Real Estate industry 23.4%.
Return on Equity
High ROE: 35's Return on Equity (4.7%) is considered low.
How is Far East Consortium International's financial position?
Financial Position Analysis
Short Term Liabilities: 35's short term assets (HK$24.3B) exceed its short term liabilities (HK$15.7B).
Long Term Liabilities: 35's short term assets (HK$24.3B) exceed its long term liabilities (HK$17.1B).
Debt to Equity History and Analysis
Debt Level: 35's debt to equity ratio (162%) is considered high.
Reducing Debt: 35's debt to equity ratio has increased from 113.8% to 162% over the past 5 years.
Debt Coverage: 35's debt is not well covered by operating cash flow (8.8%).
Interest Coverage: 35's interest payments on its debt are well covered by EBIT (3x coverage).
What is Far East Consortium International current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 35's dividend (7.34%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.26%).
High Dividend: 35's dividend (7.34%) is in the top 25% of dividend payers in the Hong Kong market (6.78%)
Stability and Growth of Payments
Stable Dividend: 35's dividend payments have been volatile in the past 10 years.
Growing Dividend: 35's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (82.8%), 35's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 35's dividends in 3 years are forecast to be covered by earnings (52.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
David Chiu (67 yo)
Tan Sri Dato' Tat Cheong Chiu, also known as David, B.Sc., serves as the Chairman and Chief Executive Officer of Far East Consortium International Limited October 08, 1997 and September 08, 2011 respective...
CEO Compensation Analysis
Compensation vs Market: David's total compensation ($USD265.48K) is below average for companies of similar size in the Hong Kong market ($USD443.10K).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
Experienced Management: 35's management team is seasoned and experienced (13.1 years average tenure).
Experienced Board: 35's board of directors are seasoned and experienced ( 10.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 35 insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.6%.
Far East Consortium International Limited's employee growth, exchange listings and data sources
- Name: Far East Consortium International Limited
- Ticker: 35
- Exchange: SEHK
- Founded: 1990
- Industry: Diversified Real Estate Activities
- Sector: Real Estate
- Market Cap: HK$6.249b
- Shares outstanding: 2.41b
- Website: https://www.fecil.com.hk
Number of Employees
- Far East Consortium International Limited
- Far East Consortium Building
- 16th Floor
- Hong Kong
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/17 10:07|
|End of Day Share Price||2021/10/15 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.