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128

ENM HoldingsSEHK:128 Stock Report

Market Cap

HK$990.4m

7D

-1.6%

1Y

-14.3%

Updated

19 Oct, 2021

Data

Company Financials
128 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends0/6

128 Overview

ENM Holdings Limited, an investment holding company, engages in the wholesale and retail of fashion wear and accessories.

Price History & Performance

Summary of all time highs, changes and price drops for ENM Holdings
Historical stock prices
Current Share PriceHK$0.60
52 Week HighHK$0.56
52 Week LowHK$0.79
Beta1.3
1 Month Change-3.23%
3 Month Change-7.69%
1 Year Change-14.29%
3 Year Change-15.49%
5 Year Change23.71%
Change since IPO-3.20%

Recent News & Updates

Shareholder Returns

128HK Specialty RetailHK Market
7D-1.6%6.0%0.7%
1Y-14.3%29.6%5.7%

Return vs Industry: 128 underperformed the Hong Kong Specialty Retail industry which returned 29.6% over the past year.

Return vs Market: 128 underperformed the Hong Kong Market which returned 5.7% over the past year.

Price Volatility

Is 128's price volatile compared to industry and market?
128 volatility
128 Beta1.3
Industry Beta0.90
Market Beta1

Stable Share Price: 128 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: 128's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1966122David Charles Parkerhttps://www.enmholdings.com

ENM Holdings Limited, an investment holding company, engages in the wholesale and retail of fashion wear and accessories. It operates through three segments: Wholesale and Retail of Fashion Wear and Accessories; Resort and Recreational Club Operations; and Investments. The company operates a chain of multi-label stores, as well as mono-brand boutiques under The Swank brand in Hong Kong and China; and Hilltop Country Club that provides conferences, dining, lodging, recreational, and outdoor activities for its members in Hong Kong; as well as offers menswear fashion products under the Cesare di Pino brand.

ENM Holdings Fundamentals Summary

How do ENM Holdings's earnings and revenue compare to its market cap?
128 fundamental statistics
Market CapHK$990.40m
Earnings (TTM)HK$89.83m
Revenue (TTM)HK$100.44m

11.0x

P/E Ratio

9.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
128 income statement (TTM)
RevenueHK$100.44m
Cost of RevenueHK$36.55m
Gross ProfitHK$63.89m
Expenses-HK$25.93m
EarningsHK$89.83m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.054
Gross Margin63.61%
Net Profit Margin89.43%
Debt/Equity Ratio0.6%

How did 128 perform over the long term?

See historical performance and comparison

Valuation

Is ENM Holdings undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 128 (HK$0.6) is trading below our estimate of fair value (HK$2.06)

Significantly Below Fair Value: 128 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 128 is poor value based on its PE Ratio (11x) compared to the Hong Kong Specialty Retail industry average (10.8x).

PE vs Market: 128 is poor value based on its PE Ratio (11x) compared to the Hong Kong market (9.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 128's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 128 is good value based on its PB Ratio (0.8x) compared to the HK Specialty Retail industry average (1x).


Future Growth

How is ENM Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

24.7%

Forecasted Retail industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as ENM Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has ENM Holdings performed over the past 5 years?

38.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 128 has a large one-off gain of HK$134.8M impacting its June 30 2021 financial results.

Growing Profit Margin: 128 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 128 has become profitable over the past 5 years, growing earnings by 38.2% per year.

Accelerating Growth: 128 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 128 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Specialty Retail industry (54.7%).


Return on Equity

High ROE: 128's Return on Equity (7.3%) is considered low.


Financial Health

How is ENM Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 128's short term assets (HK$781.4M) exceed its short term liabilities (HK$42.2M).

Long Term Liabilities: 128's short term assets (HK$781.4M) exceed its long term liabilities (HK$2.4M).


Debt to Equity History and Analysis

Debt Level: 128's debt to equity ratio (0.6%) is considered satisfactory.

Reducing Debt: 128's debt to equity ratio has reduced from 0.9% to 0.6% over the past 5 years.

Debt Coverage: 128's debt is well covered by operating cash flow (744.5%).

Interest Coverage: Insufficient data to determine if 128's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is ENM Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 128's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 128's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 128's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 128's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 128's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.8yrs

Average management tenure


CEO

David Charles Parker (67 yo)

4.75yrs

Tenure

HK$3,670,000

Compensation

Mr. David Charles Parker has been the Chief Executive Officer and Executive Director at ENM Holdings Limited since January 13, 2017. Mr. Parker served as Chief Executive Officer of Hans Energy Company Limi...


CEO Compensation Analysis

Compensation vs Market: David Charles's total compensation ($USD471.79K) is above average for companies of similar size in the Hong Kong market ($USD228.44K).

Compensation vs Earnings: David Charles's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: 128's management team is considered experienced (4.8 years average tenure).


Board Members

Experienced Board: 128's board of directors are considered experienced (4.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

ENM Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: ENM Holdings Limited
  • Ticker: 128
  • Exchange: SEHK
  • Founded: 1966
  • Industry: Apparel Retail
  • Sector: Retail
  • Market Cap: HK$990.395m
  • Shares outstanding: 1.65b
  • Website: https://www.enmholdings.com

Number of Employees


Location

  • ENM Holdings Limited
  • Tower 2, Nina Tower
  • Suites 3301-3302, 33rd Floor
  • Tsuen Wan
  • New Territories
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/19 15:33
End of Day Share Price2021/10/19 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.