Luk Fook Holdings (International) Limited, an investment holding company, engages in sourcing, designing, wholesaling, trademark licensing, and retailing various gold and platinum jewelry, and gem-set jewelry products.
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$21.80|
|52 Week High||HK$16.70|
|52 Week Low||HK$28.50|
|1 Month Change||8.46%|
|3 Month Change||-12.97%|
|1 Year Change||13.66%|
|3 Year Change||-12.80%|
|5 Year Change||-6.44%|
|Change since IPO||1,686.88%|
Recent News & Updates
Some Investors May Be Worried About Luk Fook Holdings (International)'s (HKG:590) Returns On Capital
What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Here's Why Shareholders May Want To Be Cautious With Increasing Luk Fook Holdings (International) Limited's (HKG:590) CEO Pay Packet
Share price growth at Luk Fook Holdings (International) Limited ( HKG:590 ) has remained rather flat over the last few...
Luk Fook Holdings (International) (HKG:590) Seems To Use Debt Rather Sparingly
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
|590||HK Specialty Retail||HK Market|
Return vs Industry: 590 underperformed the Hong Kong Specialty Retail industry which returned 23.7% over the past year.
Return vs Market: 590 exceeded the Hong Kong Market which returned 5.9% over the past year.
Stable Share Price: 590 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 590's weekly volatility (5%) has been stable over the past year.
About the Company
|1991||5,900||Wai Sheung Wong||https://www.lukfook.com|
Luk Fook Holdings (International) Limited, an investment holding company, engages in sourcing, designing, wholesaling, trademark licensing, and retailing various gold and platinum jewelry, and gem-set jewelry products. The company is also involved in gold bullion trading; wholesaling polished diamonds; property holding; wholesaling and retailing watches; electronic retailing of gold and jewelry products; and the provision of quality examination services, as well as the authentication of gemstones. In addition, it provides software development and internet related services, as well as engages in the brand building and promotion activities.
Luk Fook Holdings (International) Fundamentals Summary
|590 fundamental statistics|
Is 590 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|590 income statement (TTM)|
|Cost of Revenue||HK$6.23b|
Last Reported Earnings
Mar 31, 2021
Next Earnings Date
|Earnings per share (EPS)||1.73|
|Net Profit Margin||11.48%|
How did 590 perform over the long term?See historical performance and comparison
3.3%Current Dividend Yield
Is Luk Fook Holdings (International) undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 590 (HK$21.8) is trading above our estimate of fair value (HK$15.84)
Significantly Below Fair Value: 590 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 590 is poor value based on its PE Ratio (12.6x) compared to the Hong Kong Specialty Retail industry average (11.2x).
PE vs Market: 590 is poor value based on its PE Ratio (12.6x) compared to the Hong Kong market (9.7x).
Price to Earnings Growth Ratio
PEG Ratio: 590 is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: 590's PB Ratio (1.1x) is in line with the HK Specialty Retail industry average.
How is Luk Fook Holdings (International) forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 590's forecast earnings growth (15.5% per year) is above the savings rate (1.5%).
Earnings vs Market: 590's earnings (15.5% per year) are forecast to grow slower than the Hong Kong market (17.7% per year).
High Growth Earnings: 590's earnings are forecast to grow, but not significantly.
Revenue vs Market: 590's revenue (15.6% per year) is forecast to grow faster than the Hong Kong market (12.5% per year).
High Growth Revenue: 590's revenue (15.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 590's Return on Equity is forecast to be low in 3 years time (12.3%).
How has Luk Fook Holdings (International) performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 590 has high quality earnings.
Growing Profit Margin: 590's current net profit margins (11.5%) are higher than last year (7.7%).
Past Earnings Growth Analysis
Earnings Trend: 590's earnings have declined by 1.4% per year over the past 5 years.
Accelerating Growth: 590's earnings growth over the past year (17.4%) exceeds its 5-year average (-1.4% per year).
Earnings vs Industry: 590 earnings growth over the past year (17.4%) underperformed the Specialty Retail industry 54.7%.
Return on Equity
High ROE: 590's Return on Equity (9%) is considered low.
How is Luk Fook Holdings (International)'s financial position?
Financial Position Analysis
Short Term Liabilities: 590's short term assets (HK$11.7B) exceed its short term liabilities (HK$2.9B).
Long Term Liabilities: 590's short term assets (HK$11.7B) exceed its long term liabilities (HK$241.0M).
Debt to Equity History and Analysis
Debt Level: 590's debt to equity ratio (9.6%) is considered satisfactory.
Reducing Debt: 590's debt to equity ratio has increased from 8.1% to 9.6% over the past 5 years.
Debt Coverage: 590's debt is well covered by operating cash flow (224.6%).
Interest Coverage: 590 earns more interest than it pays, so coverage of interest payments is not a concern.
What is Luk Fook Holdings (International) current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 590's dividend (3.33%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.22%).
High Dividend: 590's dividend (3.33%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.77%).
Stability and Growth of Payments
Stable Dividend: 590's dividend payments have been volatile in the past 10 years.
Growing Dividend: 590's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (41.8%), 590's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 590's dividends in 3 years are forecast to be well covered by earnings (49.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Wai Sheung Wong (70 yo)
Mr. Wai Sheung Wong is the Founder of Luk Fook Holdings (International) Limited and serves as its Chief Executive Officer since December 1, 2018. He is a Co-Owner at Wong's Family Trust. Mr. Wong is respon...
CEO Compensation Analysis
Compensation vs Market: Wai Sheung's total compensation ($USD5.83M) is above average for companies of similar size in the Hong Kong market ($USD497.52K).
Compensation vs Earnings: Wai Sheung's compensation has been consistent with company performance over the past year.
Experienced Management: 590's management team is seasoned and experienced (11.1 years average tenure).
Experienced Board: 590's board of directors are considered experienced (9.2 years average tenure).
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Luk Fook Holdings (International) Limited's employee growth, exchange listings and data sources
- Name: Luk Fook Holdings (International) Limited
- Ticker: 590
- Exchange: SEHK
- Founded: 1991
- Industry: Specialty Stores
- Sector: Retail
- Market Cap: HK$12.799b
- Shares outstanding: 587.11m
- Website: https://www.lukfook.com
Number of Employees
- Luk Fook Holdings (International) Limited
- Metropole Square
- 15th, 20th, 25th & 27th Floor
- Sha Tin
- New Territories
- Hong Kong
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/25 16:40|
|End of Day Share Price||2021/10/25 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.