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3738

Vobile GroupSEHK:3738 Stock Report

Last Price

HK$6.31

Market Cap

HK$13.2b

7D

3.1%

1Y

-6.5%

Updated

17 Jan, 2022

Data

Company Financials +
3738 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth6/6
Past Performance2/6
Financial Health4/6
Dividends0/6

3738 Stock Overview

Vobile Group Limited, an investment holding company, provides software as a service in the United States, Japan, Mainland China, and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for Vobile Group
Historical stock prices
Current Share PriceHK$6.31
52 Week HighHK$12.11
52 Week LowHK$4.13
Beta1.31
1 Month Change-8.29%
3 Month Change-12.36%
1 Year Change-6.52%
3 Year Change706.39%
5 Year Changen/a
Change since IPO714.19%

Recent News & Updates

Dec 27
A Look At The Fair Value Of Vobile Group Limited (HKG:3738)

A Look At The Fair Value Of Vobile Group Limited (HKG:3738)

Today we will run through one way of estimating the intrinsic value of Vobile Group Limited ( HKG:3738 ) by taking the...

Nov 22
Vobile Group (HKG:3738) Will Be Hoping To Turn Its Returns On Capital Around

Vobile Group (HKG:3738) Will Be Hoping To Turn Its Returns On Capital Around

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Ideally, a...

Nov 03
Is It Too Late To Consider Buying Vobile Group Limited (HKG:3738)?

Is It Too Late To Consider Buying Vobile Group Limited (HKG:3738)?

While Vobile Group Limited ( HKG:3738 ) might not be the most widely known stock at the moment, it saw significant...

Shareholder Returns

3738HK SoftwareHK Market
7D3.1%2.4%1.0%
1Y-6.5%-49.3%-15.6%

Return vs Industry: 3738 exceeded the Hong Kong Software industry which returned -47.6% over the past year.

Return vs Market: 3738 exceeded the Hong Kong Market which returned -11.9% over the past year.

Price Volatility

Is 3738's price volatile compared to industry and market?
3738 volatility
3738 Average Weekly Movement8.7%
Software Industry Average Movement8.2%
Market Average Movement6.7%
10% most volatile stocks in HK Market13.3%
10% least volatile stocks in HK Market3.1%

Stable Share Price: 3738 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: 3738's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2005202Bernard Wanghttps://www.vobilegroup.com

Vobile Group Limited, an investment holding company, provides software as a service in the United States, Japan, Mainland China, and internationally. The company offers online video content protection and monetization services for content owners to protect their content from unauthorized use, measure the viewership of their content, and monetize their content. It provides content protection, measurement, and management and monetization platforms, as well as pay per transaction platforms.

Vobile Group Fundamentals Summary

How do Vobile Group's earnings and revenue compare to its market cap?
3738 fundamental statistics
Market CapHK$13.21b
Earnings (TTM)HK$30.73m
Revenue (TTM)HK$492.74m

430.1x

P/E Ratio

26.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
3738 income statement (TTM)
RevenueHK$492.74m
Cost of RevenueHK$247.26m
Gross ProfitHK$245.48m
ExpensesHK$214.75m
EarningsHK$30.73m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.015
Gross Margin49.82%
Net Profit Margin6.24%
Debt/Equity Ratio6.0%

How did 3738 perform over the long term?

See historical performance and comparison

Valuation

Is Vobile Group undervalued compared to its fair value and its price relative to the market?

430.13x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 3738 (HK$6.31) is trading above our estimate of fair value (HK$4.57)

Significantly Below Fair Value: 3738 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 3738 is poor value based on its PE Ratio (430.1x) compared to the Hong Kong Software industry average (13.6x).

PE vs Market: 3738 is poor value based on its PE Ratio (430.1x) compared to the Hong Kong market (9.1x).


Price to Earnings Growth Ratio

PEG Ratio: 3738 is poor value based on its PEG Ratio (5.6x)


Price to Book Ratio

PB vs Industry: 3738 is overvalued based on its PB Ratio (9x) compared to the HK Software industry average (1x).


Future Growth

How is Vobile Group forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

77.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 3738's forecast earnings growth (77.1% per year) is above the savings rate (1.5%).

Earnings vs Market: 3738's earnings (77.1% per year) are forecast to grow faster than the Hong Kong market (16.4% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 3738's revenue (43.4% per year) is forecast to grow faster than the Hong Kong market (11.7% per year).

High Growth Revenue: 3738's revenue (43.4% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 3738's Return on Equity is forecast to be high in 3 years time (25.2%)


Past Performance

How has Vobile Group performed over the past 5 years?

33.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 3738 has high quality earnings.

Growing Profit Margin: 3738's current net profit margins (6.2%) are lower than last year (13.7%).


Past Earnings Growth Analysis

Earnings Trend: 3738's earnings have grown significantly by 33.6% per year over the past 5 years.

Accelerating Growth: 3738's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 3738 had negative earnings growth (-10.2%) over the past year, making it difficult to compare to the Software industry average (22.5%).


Return on Equity

High ROE: 3738's Return on Equity (2.1%) is considered low.


Financial Health

How is Vobile Group's financial position?


Financial Position Analysis

Short Term Liabilities: 3738's short term assets (HK$914.1M) exceed its short term liabilities (HK$104.8M).

Long Term Liabilities: 3738's short term assets (HK$914.1M) exceed its long term liabilities (HK$121.4M).


Debt to Equity History and Analysis

Debt Level: 3738 has more cash than its total debt.

Reducing Debt: 3738's debt to equity ratio has reduced from 95.5% to 6% over the past 5 years.

Debt Coverage: 3738's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 3738's interest payments on its debt are not well covered by EBIT (0.3x coverage).


Balance Sheet


Dividend

What is Vobile Group current dividend yield, its reliability and sustainability?

0.31%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 3738's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 3738'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 3738's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 3738'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 3738'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?

4.0yrs

Average management tenure


CEO

Bernard Wang (52 yo)

17yrs

Tenure

HK$2,884,235

Compensation

Mr. Yangbin Wang, also known as Bernard, has been Chairman of Board and Executive Director at Vobile Group Ltd., since June 21, 2017 and July 28, 2016 respectively. Mr. Wang serves as Chief Executive Dire...


CEO Compensation Analysis

Compensation vs Market: Bernard's total compensation ($USD370.47K) is about average for companies of similar size in the Hong Kong market ($USD481.43K).

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


Leadership Team

Experienced Management: 3738's management team is considered experienced (4 years average tenure).


Board Members

Experienced Board: 3738's board of directors are considered experienced (4.1 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: 3738 insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 16.2%.


Top Shareholders

Company Information

Vobile Group Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Vobile Group Limited
  • Ticker: 3738
  • Exchange: SEHK
  • Founded: 2005
  • Industry: Application Software
  • Sector: Software
  • Implied Market Cap: HK$13.210b
  • Shares outstanding: 2.09b
  • Website: https://www.vobilegroup.com

Number of Employees


Location

  • Vobile Group Limited
  • Tower 2, Times Square
  • Suite 3712
  • Causeway Bay
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/17 16:39
End of Day Share Price2022/01/17 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.