Henderson Investment Limited, an investment holding company, engages in the operation of department stores in Hong Kong. More Details
Excellent balance sheet and good value.
Share Price & News
How has Henderson Investment's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 97 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 97's weekly volatility (4%) has been stable over the past year.
7 Day Return
HK Multiline Retail
1 Year Return
HK Multiline Retail
Return vs Industry: 97 exceeded the Hong Kong Multiline Retail industry which returned -12.4% over the past year.
Return vs Market: 97 underperformed the Hong Kong Market which returned 24.4% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Henderson Investment's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StHenderson Investment (HKG:97) Has More To Do To Multiply In Value Going Forward
1 month ago | Simply Wall StHenderson Investment (HKG:97) Share Prices Have Dropped 39% In The Last Three Years
Is Henderson Investment 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: 97 (HK$0.41) is trading below our estimate of fair value (HK$3.1)
Significantly Below Fair Value: 97 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 97 is good value based on its PE Ratio (9.8x) compared to the Asian Multiline Retail industry average (21.9x).
PE vs Market: 97 is good value based on its PE Ratio (9.8x) compared to the Hong Kong market (11.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 97's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 97 is overvalued based on its PB Ratio (0.9x) compared to the HK Multiline Retail industry average (0.4x).
How is Henderson Investment forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Henderson Investment 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.
How has Henderson Investment performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 97 has a large one-off gain of HK$51.0M impacting its December 31 2020 financial results.
Growing Profit Margin: 97's current net profit margins (6.9%) are higher than last year (3.6%).
Past Earnings Growth Analysis
Earnings Trend: 97's earnings have declined by 1.2% per year over the past 5 years.
Accelerating Growth: 97's earnings growth over the past year (104.4%) exceeds its 5-year average (-1.2% per year).
Earnings vs Industry: 97 earnings growth over the past year (104.4%) exceeded the Multiline Retail industry 13.8%.
Return on Equity
High ROE: 97's Return on Equity (9.4%) is considered low.
How is Henderson Investment's financial position?
Financial Position Analysis
Short Term Liabilities: 97's short term assets (HK$584.0M) do not cover its short term liabilities (HK$646.0M).
Long Term Liabilities: 97's short term assets (HK$584.0M) exceed its long term liabilities (HK$437.0M).
Debt to Equity History and Analysis
Debt Level: 97 is debt free.
Reducing Debt: 97 had no debt 5 years ago.
Debt Coverage: 97 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 97 has no debt, therefore coverage of interest payments is not a concern.
What is Henderson Investment current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 97's dividend (4.88%) is higher than the bottom 25% of dividend payers in the Hong Kong market (1.94%).
High Dividend: 97's dividend (4.88%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.02%).
Stability and Growth of Payments
Stable Dividend: 97's dividend payments have been volatile in the past 10 years.
Growing Dividend: 97's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (48%), 97's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Martin Lee (48 yo)
Mr. Ka-Shing Lee, also known as Martin, has been a Joint Chairmen of The Hong Kong and China Gas Company Limited since May 28, 2019. He has been Chairman and Managing Director of Henderson Land Development...
Experienced Board: 97's board of directors are seasoned and experienced ( 16.5 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Henderson Investment Limited's company bio, employee growth, exchange listings and data sources
- Name: Henderson Investment Limited
- Ticker: 97
- Exchange: SEHK
- Founded: NaN
- Industry: Department Stores
- Sector: Retail
- Market Cap: HK$1.249b
- Shares outstanding: 3.05b
- Website: https://www.hilhk.com
Number of Employees
- Henderson Investment Limited
- Two International Finance Centre
- 72-76 Floors
- Hong Kong
Henderson Investment Limited, an investment holding company, engages in the operation of department stores in Hong Kong. It operates six department stores under the Citistore name; and two general merchand...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/15 10:11|
|End of Day Share Price||2021/05/14 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.