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8131

abc Multiactive SEHK:8131 Stock Report

Last Price

HK$0.089

Market Cap

HK$42.3m

7D

-11.0%

1Y

111.9%

Updated

17 Aug, 2022

Data

Company Financials
8131 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends0/6

8131 Stock Overview

abc Multiactive Limited, an investment holding company, designs and sells computer software in Hong Kong.

abc Multiactive Competitors

Price History & Performance

Summary of all time highs, changes and price drops for abc Multiactive
Historical stock prices
Current Share PriceHK$0.089
52 Week HighHK$0.35
52 Week LowHK$0.04
Beta-0.72
1 Month Change-28.80%
3 Month Change-28.80%
1 Year Change111.91%
3 Year Change4.71%
5 Year Change-62.29%
Change since IPO-97.55%

Recent News & Updates

Jul 19
Shareholders In abc Multiactive (HKG:8131) Should Look Beyond Earnings For The Full Story

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

8131HK SoftwareHK Market
7D-11.0%-1.1%-0.5%
1Y111.9%-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

Is 8131's price volatile compared to industry and market?
8131 volatility
8131 Average Weekly Movement12.2%
Software Industry Average Movement7.3%
Market Average Movement6.5%
10% most volatile stocks in HK Market12.6%
10% least volatile stocks in HK Market3.2%

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

FoundedEmployeesCEOWebsite
200023Samson Huihttps://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

How do abc Multiactive's earnings and revenue compare to its market cap?
8131 fundamental statistics
Market CapHK$42.35m
Earnings (TTM)HK$25.25m
Revenue (TTM)HK$85.30m

1.7x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
8131 income statement (TTM)
RevenueHK$85.30m
Cost of RevenueHK$31.46m
Gross ProfitHK$53.84m
Other ExpensesHK$28.59m
EarningsHK$25.25m

Last Reported Earnings

May 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.053
Gross Margin63.12%
Net Profit Margin29.60%
Debt/Equity Ratio40.5%

How did 8131 perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is 8131 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation 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.

8131 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.6x
Enterprise Value/EBITDA1.7x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 8131's PE Ratio compare to its peers?

8131 PE Ratio vs Peers
The above table shows the PE ratio for 8131 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average22.2x
8635 Novacon Technology Group
4.2xn/aHK$46.0m
8353 Anacle Systems
7.6xn/aHK$110.8m
8036 eBroker Group
73.3xn/aHK$104.6m
1522 BII Railway Transportation Technology Holdings
3.8xn/aHK$713.0m
8131 abc Multiactive
1.7xn/aHK$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.

8131 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio1.7x
Fair PE Ration/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

0/6

Future 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

5/6

Past 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.


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Financial Health

How is abc Multiactive's financial position?

Financial Health Score

6/6

Financial 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

0/6

Dividend 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.


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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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/17 00:00
End of Day Share Price2022/08/17 00:00
Earnings2022/05/31
Annual Earnings2021/11/30


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.