Creative Enterprise Holdings Limited, an investment holding company, provides property management services for public housing and residential properties in Hong Kong.
The last earnings update was 148 days ago.
Discounted Cash Flow Calculation for SEHK:3992 using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for
Creative Enterprise Holdings
is arrived at by discounting future cash flows to their present value using the 2 stage method.
We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
SEHK:3992 DCF 1st Stage: Next 10 year cash flow forecast
The current share price of
Creative Enterprise Holdings
is above its future cash flow value.
Often investors are willing to pay a
for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
Creative Enterprise Holdings's
is considered below, and whether this is a fair price.
Price based on past earnings
Creative Enterprise Holdings's earnings available for a low price, and how does
this compare to other companies in the same industry?
Creative Enterprise Holdings's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
Unable to determine if Creative Enterprise Holdings is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Creative Enterprise Holdings's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
Creative Enterprise Holdings
has a total score of
3/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Creative Enterprise Holdings's finances.
The net worth of a company is the difference between its assets and liabilities.
Creative Enterprise Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Creative Enterprise Holdings's cash and other short term assets cover its long term commitments.
This treemap shows a more detailed breakdown of
Creative Enterprise Holdings's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Low level of unsold assets.
Debt is covered by short term assets, assets are 4.3x debt.
Nearly all companies have debt. Debt in itself isn’t
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.
The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.
Should You Be Excited About Creative Enterprise Holdings Limited's (HKG:3992) 26% Return On Equity?
We'll use ROE to examine Creative Enterprise Holdings Limited (HKG:3992), by way of a worked example. … Over the last twelve months Creative Enterprise Holdings has recorded a ROE of 26%. … View our latest analysis for Creative Enterprise Holdings?
Is Creative Enterprise Holdings Limited's (HKG:3992) ROE Of 26% Impressive?
Over the last twelve months Creative Enterprise Holdings has recorded a ROE of 26%. … One way to conceptualize this, is that for each HK$1 of shareholders' equity it has, the company made HK$0.26 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity
Creative Enterprise Holdings Limited, an investment holding company, provides property management services for public housing and residential properties in Hong Kong. It also provides stand-alone security and cleaning, secondment, and window inspection services; and consultancy services related to as-built drawings of public housing estates. The Company was incorporated in 2018 and is headquartered in Kwai Chung, Hong Kong.
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