| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
8131 Stock Overview
abc Multiactive Limited, an investment holding company, designs and sells computer software in Hong Kong.
abc Multiactive Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$0.089 |
| 52 Week High | HK$0.35 |
| 52 Week Low | HK$0.04 |
| Beta | -0.72 |
| 1 Month Change | -28.80% |
| 3 Month Change | -28.80% |
| 1 Year Change | 111.91% |
| 3 Year Change | 4.71% |
| 5 Year Change | -62.29% |
| Change since IPO | -97.55% |
Recent News & Updates
Shareholders In abc Multiactive (HKG:8131) Should Look Beyond Earnings For The Full Story
abc Multiactive Limited ( HKG:8131 ) recently released a strong earnings report, and the market responded by raising...
Shareholder Returns
| 8131 | HK Software | HK Market | |
|---|---|---|---|
| 7D | -11.0% | -1.1% | -0.5% |
| 1Y | 111.9% | -50.6% | -20.6% |
Return vs Industry: 8131 exceeded the Hong Kong Software industry which returned -50.6% over the past year.
Return vs Market: 8131 exceeded the Hong Kong Market which returned -20.6% over the past year.
Price Volatility
| 8131 volatility | |
|---|---|
| 8131 Average Weekly Movement | 12.2% |
| Software Industry Average Movement | 7.3% |
| Market Average Movement | 6.5% |
| 10% most volatile stocks in HK Market | 12.6% |
| 10% least volatile stocks in HK Market | 3.2% |
Stable Share Price: 8131 is more volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: Insufficient data to determine 8131's volatility change over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2000 | 23 | Samson Hui | https://www.abcmultiactive.com |
abc Multiactive Limited, an investment holding company, designs and sells computer software in Hong Kong. The company operates in three segments: Financial Solutions, Fintech Resources, and Overseas Property Mortgage Loan Consultancy Services. It offers OCTOSTP, a trading solution that is used for front and back-office trading in brokerages and securities divisions of banks.
abc Multiactive Fundamentals Summary
| 8131 fundamental statistics | |
|---|---|
| Market Cap | HK$42.35m |
| Earnings (TTM) | HK$25.25m |
| Revenue (TTM) | HK$85.30m |
1.7x
P/E Ratio0.5x
P/S RatioIs 8131 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 8131 income statement (TTM) | |
|---|---|
| Revenue | HK$85.30m |
| Cost of Revenue | HK$31.46m |
| Gross Profit | HK$53.84m |
| Other Expenses | HK$28.59m |
| Earnings | HK$25.25m |
Last Reported Earnings
May 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.053 |
| Gross Margin | 63.12% |
| Net Profit Margin | 29.60% |
| Debt/Equity Ratio | 40.5% |
How did 8131 perform over the long term?
See historical performance and comparisonValuation
Is 8131 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
4/6Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 8131?
Other financial metrics that can be useful for relative valuation.
| What is 8131's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | HK$42.35m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 0.6x |
| Enterprise Value/EBITDA | 1.7x |
| PEG Ratio | n/a |
Price to Earnings Ratio vs Peers
How does 8131's PE Ratio compare to its peers?
| 8131 PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 22.2x | ||
8635 Novacon Technology Group | 4.2x | n/a | HK$46.0m |
8353 Anacle Systems | 7.6x | n/a | HK$110.8m |
8036 eBroker Group | 73.3x | n/a | HK$104.6m |
1522 BII Railway Transportation Technology Holdings | 3.8x | n/a | HK$713.0m |
8131 abc Multiactive | 1.7x | n/a | HK$42.3m |
Price-To-Earnings vs Peers: 8131 is good value based on its Price-To-Earnings Ratio (1.7x) compared to the peer average (22.2x).
Price to Earnings Ratio vs Industry
How does 8131's PE Ratio compare vs other companies in the Asian Software Industry?
Price-To-Earnings vs Industry: 8131 is good value based on its Price-To-Earnings Ratio (1.7x) compared to the Hong Kong Software industry average (19.9x)
Price to Earnings Ratio vs Fair Ratio
What is 8131's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 1.7x |
| Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 8131's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of 8131 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 8131 (HK$0.09) is trading below our estimate of fair value (HK$1.92)
Significantly Below Fair Value: 8131 is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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Future Growth
How is abc Multiactive forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
59.4%
Forecasted Software 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 abc Multiactive 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.
Discover growth companies
- Examine whether abc Multiactive is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- abc Multiactive competitive advantages and company strategy can generally be found in its financial reports archived here.
Past Performance
How has abc Multiactive performed over the past 5 years?
Past Performance Score
5/6Past Performance Score 5/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
61.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 8131 has a high level of non-cash earnings.
Growing Profit Margin: 8131's current net profit margins (29.6%) are higher than last year (9.5%).
Past Earnings Growth Analysis
Earnings Trend: 8131 has become profitable over the past 5 years, growing earnings by 61.2% per year.
Accelerating Growth: 8131's earnings growth over the past year (846.4%) exceeds its 5-year average (61.2% per year).
Earnings vs Industry: 8131 earnings growth over the past year (846.4%) exceeded the Software industry -14.3%.
Return on Equity
High ROE: 8131's Return on Equity (110.4%) is considered outstanding.
Discover strong past performing companies
Financial Health
How is abc Multiactive's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: 8131's short term assets (HK$57.5M) exceed its short term liabilities (HK$27.7M).
Long Term Liabilities: 8131's short term assets (HK$57.5M) exceed its long term liabilities (HK$10.6M).
Debt to Equity History and Analysis
Debt Level: 8131's net debt to equity ratio (9.9%) is considered satisfactory.
Reducing Debt: 8131 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 8131's debt is well covered by operating cash flow (59.2%).
Interest Coverage: 8131's interest payments on its debt are well covered by EBIT (11.5x coverage).
Balance Sheet
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Dividend
What is abc Multiactive current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 8131's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 8131'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 8131's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 8131's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as 8131 has not reported any payouts.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
11.1yrs
Average management tenure
CEO
Samson Hui (50 yo)
16.83yrs
Tenure
HK$378,000
Compensation
Mr. Chi Yang Hui, also known as Samson, has been the Chief Executive Officer of ABC Multiactive Ltd. since 12 October 2005. Mr. Hui served as a Director of Business Development of China Railsmedia Corporat...
CEO Compensation Analysis
Compensation vs Market: Samson's total compensation ($USD48.21K) is below average for companies of similar size in the Hong Kong market ($USD245.35K).
Compensation vs Earnings: Samson's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: 8131's management team is seasoned and experienced (11.1 years average tenure).
Board Members
Experienced Board: 8131's board of directors are seasoned and experienced ( 13.5 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 been substantially diluted in the past year, with total shares outstanding growing by 58%.
Top Shareholders
Company Information
abc Multiactive Limited's employee growth, exchange listings and data sources
Key Information
- Name: abc Multiactive Limited
- Ticker: 8131
- Exchange: SEHK
- Founded: 2000
- Industry: Application Software
- Sector: Software
- Implied Market Cap: HK$42.347m
- Shares outstanding: 475.81m
- Website: https://www.abcmultiactive.com
Number of Employees
Location
- abc Multiactive Limited
- Hong Kong Trade Centre
- 8th Floor
- Central
- Hong Kong
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/08/17 00:00 |
| End of Day Share Price | 2022/08/17 00:00 |
| Earnings | 2022/05/31 |
| Annual Earnings | 2021/11/30 |
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.