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Cowell e Holdings

SEHK:1415
Snowflake Description

Flawless balance sheet, undervalued and pays a dividend.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
1415
SEHK
HK$1B
Market Cap
  1. Home
  2. HK
  3. Tech
Company description

Cowell e Holdings Inc., an investment holding company, engages in the design, development, manufacture, and sale of camera modules for smartphones, multimedia tablets, laptops, PDAs, and other mobile devices with camera functions in the People’s Republic of China, the Republic of Korea, and internationally. The last earnings update was 103 days ago. More info.


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  • Cowell e Holdings has significant price volatility in the past 3 months.
1415 Share Price and Events
7 Day Returns
-2.1%
SEHK:1415
2.2%
HK Electronic
0.6%
HK Market
1 Year Returns
-13.3%
SEHK:1415
-31.1%
HK Electronic
-4.5%
HK Market
1415 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Cowell e Holdings (1415) -2.1% -6.8% -25.5% -13.3% -51.9% -
HK Electronic 2.2% 1.9% -17.8% -31.1% -1.9% 11.4%
HK Market 0.6% 0.4% -7% -4.5% 17.8% 1.1%
1 Year Return vs Industry and Market
  • 1415 outperformed the Electronic industry which returned -31.1% over the past year.
  • 1415 underperformed the Market in Hong Kong which returned -4.5% over the past year.
Price Volatility
1415
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Cowell e Holdings's competitors could be found in our database.

1415 Value

 Is Cowell e Holdings undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Cowell e Holdings to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Cowell e Holdings.

SEHK:1415 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.5%
Perpetual Growth Rate 10-Year HK Government Bond Rate 2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for SEHK:1415
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year HK Govt Bond Rate 2%
Equity Risk Premium S&P Global 6%
Electronic Unlevered Beta Simply Wall St/ S&P Global 1.13
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.133 (1 + (1- 25%) (0%))
1.089
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.09
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2% + (1.089 * 5.96%)
8.49%

Discounted Cash Flow Calculation for SEHK:1415 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Cowell e Holdings is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

SEHK:1415 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 8.49%)
2020 26.25 Analyst x2 24.19
2021 22.12 Analyst x2 18.79
2022 19.60 Est @ -11.36% 15.35
2023 18.16 Est @ -7.35% 13.11
2024 17.33 Est @ -4.55% 11.53
2025 16.89 Est @ -2.58% 10.35
2026 16.68 Est @ -1.21% 9.43
2027 16.64 Est @ -0.24% 8.67
2028 16.71 Est @ 0.43% 8.03
2029 16.87 Est @ 0.9% 7.46
Present value of next 10 years cash flows $126.91
SEHK:1415 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $16.87 × (1 + 2%) ÷ (8.49% – 2%)
$265.03
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $265.03 ÷ (1 + 8.49%)10
$117.28
SEHK:1415 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $126.91 + $117.28
$244.19
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $244.19 / 831.52
$0.29
SEHK:1415 Discount to Share Price
Calculation Result
Exchange Rate USD/HKD
(Reporting currency to currency of SEHK:1415)
7.806
Value per Share
(HKD)
= Value per Share in USD x Exchange Rate (USD/HKD)
= $0.29 x 7.806
HK$2.29
Value per share (HKD) From above. HK$2.29
Current discount Discount to share price of HK$1.37
= -1 x (HK$1.37 - HK$2.29) / HK$2.29
40.2%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Cowell e Holdings is available for.
Intrinsic value
40%
Share price is HK$1.37 vs Future cash flow value of HK$2.29
Current Discount Checks
For Cowell e Holdings to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Cowell e Holdings's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Cowell e Holdings's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Cowell e Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Cowell e Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:1415 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $0.02
SEHK:1415 Share Price ** SEHK (2019-07-22) in HKD HK$1.37
SEHK:1415 Share Price converted to USD reporting currency Exchange rate (HKD/ USD) 0.128 $0.18
Hong Kong Electronic Industry PE Ratio Median Figure of 62 Publicly-Listed Electronic Companies 10.11x
Hong Kong Market PE Ratio Median Figure of 1,512 Publicly-Listed Companies 10.77x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Cowell e Holdings.

SEHK:1415 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:1415 Share Price ÷ EPS (both in USD)

= 0.18 ÷ 0.02

10.5x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Cowell e Holdings is overvalued based on earnings compared to the HK Electronic industry average.
  • Cowell e Holdings is good value based on earnings compared to the Hong Kong market.
Price based on expected Growth
Does Cowell e Holdings's expected growth come at a high price?
Raw Data
SEHK:1415 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 10.5x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
11.3%per year
Hong Kong Electronic Industry PEG Ratio Median Figure of 12 Publicly-Listed Electronic Companies 0.54x
Hong Kong Market PEG Ratio Median Figure of 481 Publicly-Listed Companies 0.8x

*Line of best fit is calculated by linear regression .

SEHK:1415 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 10.5x ÷ 11.3%

0.93x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Cowell e Holdings is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Cowell e Holdings's assets?
Raw Data
SEHK:1415 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $0.39
SEHK:1415 Share Price * SEHK (2019-07-22) in HKD HK$1.37
SEHK:1415 Share Price converted to USD reporting currency Exchange rate (HKD/ USD) 0.128 $0.18
Hong Kong Electronic Industry PB Ratio Median Figure of 83 Publicly-Listed Electronic Companies 1.06x
Hong Kong Market PB Ratio Median Figure of 2,198 Publicly-Listed Companies 0.92x
SEHK:1415 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:1415 Share Price ÷ Book Value per Share (both in USD)

= 0.18 ÷ 0.39

0.45x

* Primary Listing of Cowell e Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Cowell e Holdings is good value based on assets compared to the HK Electronic industry average.
X
Value checks
We assess Cowell e Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Electronic industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electronic industry average (and greater than 0)? (1 check)
  5. Cowell e Holdings has a total score of 5/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

1415 Future Performance

 How is Cowell e Holdings expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
11.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Cowell e Holdings expected to grow at an attractive rate?
  • Cowell e Holdings's earnings growth is expected to exceed the low risk savings rate of 2%.
Growth vs Market Checks
  • Cowell e Holdings's earnings growth is positive but not above the Hong Kong market average.
  • Cowell e Holdings's revenue growth is positive but not above the Hong Kong market average.
Annual Growth Rates Comparison
Raw Data
SEHK:1415 Future Growth Rates Data Sources
Data Point Source Value (per year)
SEHK:1415 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 11.3%
SEHK:1415 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 3.8%
Hong Kong Electronic Industry Earnings Growth Rate Market Cap Weighted Average 19.8%
Hong Kong Electronic Industry Revenue Growth Rate Market Cap Weighted Average 13.5%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.3%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 10.6%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SEHK:1415 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SEHK:1415 Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 589 34 21 2
2020-12-31 518 39 19 2
2019-12-31 518 55 19 2
SEHK:1415 Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 536 85 14
2018-09-30 606 84 15
2018-06-30 675 83 16
2018-03-31 708 72 22
2017-12-31 741 61 28
2017-09-30 836 44 31
2017-06-30 932 27 35
2017-03-31 923 14 32
2016-12-31 915 1 28
2016-09-30 868 23 33
2016-06-30 822 45 37
2016-03-31 901 53 49

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Cowell e Holdings's earnings are expected to grow by 11.3% yearly, however this is not considered high growth (20% yearly).
  • Cowell e Holdings's revenue is expected to grow by 3.8% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SEHK:1415 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Cowell e Holdings Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:1415 Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.03 0.03 0.02 2.00
2020-12-31 0.02 0.03 0.02 2.00
2019-12-31 0.02 0.03 0.02 2.00
SEHK:1415 Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 0.02
2018-09-30 0.02
2018-06-30 0.02
2018-03-31 0.03
2017-12-31 0.03
2017-09-30 0.04
2017-06-30 0.04
2017-03-31 0.04
2016-12-31 0.03
2016-09-30 0.04
2016-06-30 0.04
2016-03-31 0.06

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Cowell e Holdings is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Cowell e Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Hong Kong market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Hong Kong market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Cowell e Holdings has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

1415 Past Performance

  How has Cowell e Holdings performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Cowell e Holdings's growth in the last year to its industry (Electronic).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Cowell e Holdings's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Cowell e Holdings's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Cowell e Holdings's 1-year earnings growth is negative, it can't be compared to the HK Electronic industry average.
Earnings and Revenue History
Cowell e Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Cowell e Holdings Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:1415 Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 535.86 13.91 41.74
2018-09-30 605.51 14.93 43.58
2018-06-30 675.16 15.95 45.41
2018-03-31 707.95 21.78 43.92
2017-12-31 740.73 27.62 42.43
2017-09-30 836.48 31.36 43.67
2017-06-30 932.22 35.09 44.91
2017-03-31 923.38 31.79 46.31
2016-12-31 914.55 28.50 47.72
2016-09-30 868.06 32.66 52.11
2016-06-30 821.57 36.83 56.49
2016-03-31 900.88 48.75 56.85
2015-12-31 980.20 60.68 57.20
2015-09-30 1,024.03 65.32 50.33
2015-06-30 1,067.85 69.97 43.45
2015-03-31 977.16 61.61 39.80
2014-12-31 886.47 53.24 36.16
2013-12-31 813.94 50.24 33.40
2012-12-31 527.50 13.18 25.77

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Cowell e Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Cowell e Holdings used its assets less efficiently than the HK Electronic industry average last year based on Return on Assets.
  • Cowell e Holdings's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Cowell e Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electronic industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Cowell e Holdings has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

1415 Health

 How is Cowell e Holdings's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Cowell e Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Cowell e Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Cowell e Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Cowell e Holdings's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Cowell e Holdings has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Cowell e Holdings Company Filings, last reported 6 months ago.

SEHK:1415 Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 326.31 0.00 133.06
2018-09-30 326.31 0.00 133.06
2018-06-30 321.10 10.03 132.48
2018-03-31 321.10 10.03 132.48
2017-12-31 333.50 47.11 115.35
2017-09-30 333.50 47.11 115.35
2017-06-30 305.57 10.57 77.61
2017-03-31 305.57 10.57 77.61
2016-12-31 297.36 89.25 125.11
2016-09-30 297.36 89.25 125.11
2016-06-30 284.03 3.03 53.55
2016-03-31 284.03 3.03 53.55
2015-12-31 285.66 40.82 93.56
2015-09-30 285.66 40.82 93.56
2015-06-30 265.17 7.65 50.57
2015-03-31 265.17 7.65 50.57
2014-12-31 192.43 91.94 82.22
2013-12-31 139.86 123.81 45.22
2012-12-31 86.39 144.11 13.61
  • Cowell e Holdings has no debt.
  • Cowell e Holdings has no debt compared to 5 years ago when it was 88.4%.
  • Cowell e Holdings has no debt, it does not need to be covered by operating cash flow.
  • Cowell e Holdings has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Cowell e Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Cowell e Holdings has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

1415 Dividends

 What is Cowell e Holdings's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
8.13%
Current annual income from Cowell e Holdings dividends. Estimated to be 7.93% next year.
If you bought HK$2,000 of Cowell e Holdings shares you are expected to receive HK$163 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Cowell e Holdings's pays a higher dividend yield than the bottom 25% of dividend payers in Hong Kong (2.07%).
  • Cowell e Holdings's dividend is above the markets top 25% of dividend payers in Hong Kong (5.71%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SEHK:1415 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
Hong Kong Electronic Industry Average Dividend Yield Market Cap Weighted Average of 39 Stocks 3%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 978 Stocks 3.6%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.2%
Hong Kong Bottom 25% Dividend Yield 25th Percentile 2.1%
Hong Kong Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

SEHK:1415 Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.01 3.00
2020-12-31 0.01 3.00
2019-12-31 0.01 3.00
SEHK:1415 Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-05-16 0.014 7.829
2018-09-03 0.000 0.000
2018-08-09 0.000 0.000
2018-05-17 0.009 3.987
2017-09-18 0.010 3.092
2017-08-10 0.010 2.171
2017-05-17 0.010 2.859

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Cowell e Holdings has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Dividend payments have increased, but Cowell e Holdings only paid a dividend in the past 2 years.
Current Payout to shareholders
What portion of Cowell e Holdings's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.2x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (2x coverage).
X
Income/ dividend checks
We assess Cowell e Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Cowell e Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Cowell e Holdings has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

1415 Management

 What is the CEO of Cowell e Holdings's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Kyung Koo Lee
COMPENSATION $0
AGE 58
TENURE AS CEO 1.3 years
CEO Bio

Mr. Lee Kyung Koo has been Chief Executive Officer of Cowell e Holdings Inc. since April 19, 2018. Mr. Lee is responsible for managing the overall business operations and achieving the strategic objectives of the Group. Prior to joining Group in April 2018 as the Chief Executive Officer, Mr. Lee had over 30 years of work experience in finance, human resources, procurement and management innovation. Mr. Lee started his career in Samsung Electronics Co., Ltd. (“Samsung Electronics”) in 1984 and had worked there for 26 years. His last position within Samsung Electronics was a director of the network division of Samsung Electronics, with overall responsibility for accounting, finance, human resources, procurement, and management innovation. After serving as a director for 5 years, Mr. Lee moved to Hanhwa Techwin Co., Ltd. (formerly known as Samsung Techwin Co., Ltd.) and had worked as chief financial officer until 2015. Before joining the Group, Mr. Lee was working as vice president of information communication technology division of SoluM Co., Ltd. Mr. Lee received a bachelor’s degree in applied statistics from Yonsei University in February 1982.

CEO Compensation
  • Insufficient data for Kyung Koo to compare compensation growth.
  • Kyung Koo's remuneration is lower than average for companies of similar size in Hong Kong.
Management Team Tenure

Average tenure and age of the Cowell e Holdings management team in years:

2.3
Average Tenure
55
Average Age
  • The tenure for the Cowell e Holdings management team is about average.
Management Team

Seokhoon Seong

TITLE
Chairman
COMPENSATION
$200K
AGE
55

Kyung Koo Lee

TITLE
Chief Executive Officer
AGE
58
TENURE
1.3 yrs

Dong Goo Lee

TITLE
Executive Director
COMPENSATION
$235K
AGE
46
TENURE
2.2 yrs

Young Hoon Cho

TITLE
Chief Financial Officer
AGE
43
TENURE
1.3 yrs

Wing Lam

TITLE
Company Secretary
AGE
42
TENURE
4.8 yrs

Kyu Cho

TITLE
CEO & Director of Cowell Korea
COMPENSATION
$99K
AGE
55
TENURE
7.3 yrs

Byeong Sun Kang

TITLE
Head of Management Support Division of Cowell China
AGE
55
TENURE
2.4 yrs
Board of Directors Tenure

Average tenure and age of the Cowell e Holdings board of directors in years:

3.8
Average Tenure
53.5
Average Age
  • The tenure for the Cowell e Holdings board of directors is about average.
Board of Directors

Seokhoon Seong

TITLE
Chairman
COMPENSATION
$200K
AGE
55
TENURE
3.3 yrs

Dong Goo Lee

TITLE
Executive Director
COMPENSATION
$235K
AGE
46
TENURE
2.2 yrs

Kyu Cho

TITLE
CEO & Director of Cowell Korea
COMPENSATION
$99K
AGE
55
TENURE
10.3 yrs

Chan Kim

TITLE
Independent Non Executive Director
COMPENSATION
$30K
AGE
52
TENURE
4.3 yrs

Si Song

TITLE
Independent Non Executive Director
COMPENSATION
$30K
AGE
61
TENURE
4.3 yrs

Jong Jung

TITLE
Independent Non-Executive Director
COMPENSATION
$1,000
AGE
45
TENURE
0.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
X
Management checks
We assess Cowell e Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Cowell e Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

1415 News

Simply Wall St News

What Kind Of Investor Owns Most Of Cowell e Holdings Inc. (HKG:1415)?

View our latest analysis for Cowell e Holdings SEHK:1415 Ownership Summary, July 15th 2019 What Does The Institutional Ownership Tell Us About Cowell e Holdings? … SEHK:1415 Income Statement, July 15th 2019 Cowell e Holdings is not owned by hedge funds. … General Public Ownership The general public, who are mostly retail investors, collectively hold 53% of Cowell e Holdings shares.

Simply Wall St -

A Spotlight On Cowell e Holdings Inc.'s (HKG:1415) Fundamentals

SEHK:1415 Historical Debt, July 5th 2019 1415's high dividend payments make it one of the best dividend stocks on the market, and its profitability ensures that dividends are well-covered by its net income. … SEHK:1415 Historical Dividend Yield, July 5th 2019 Next Steps: For Cowell e Holdings, there are three pertinent factors you should look at: Future Outlook: What are well-informed industry analysts predicting for 1415’s future growth? … Take a look at our free research report of analyst consensus for 1415’s outlook.

Simply Wall St -

Is Cowell e Holdings Inc.'s (HKG:1415) Growth Strong Enough To Justify Its June Share Price?

But, to properly examine the value of a high-growth stock such as Cowell e Holdings, we must reflect its earnings growth into the valuation. … A PE ratio of 10.68x and expected year-on-year earnings growth of 11% give Cowell e Holdings a low PEG ratio of 0.94x. … This means that, when we account for Cowell e Holdings's growth, the stock can be viewed as fairly valued , based on fundamental analysis.

Simply Wall St -

Should You Worry About Cowell e Holdings Inc.’s (HKG:1415) ROCE?

The formula for calculating the return on capital employed is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for Cowell e Holdings: 0.032 = US$11m ÷ (US$384m - US$58m) (Based on the trailing twelve months to December 2018.) Therefore, Cowell e Holdings has an ROCE of 3.2%. … Do Cowell e Holdings's Current Liabilities Skew Its ROCE? … Due to the way the ROCE equation works, having large bills due in the near term can make it look as though a company has less capital employed, and thus a higher ROCE than usual.

Simply Wall St -

Cowell e Holdings Inc. (HKG:1415): Is It A Good Long Term Opportunity?

Cowell e Holdings Inc.'s (HKG:1415) latest earnings update in December 2018 showed that the company faced a significant headwind with earnings falling by -50%. … View our latest analysis for Cowell e Holdings Analysts' expectations for next year seems buoyant, with earnings climbing by a robust 35%. … SEHK:1415 Past and Future Earnings, May 22nd 2019 While it’s informative understanding the rate of growth each year relative to today’s figure, it may be more valuable gauging the rate at which the company is rising or falling every year, on average.

Simply Wall St -

Is Cowell e Holdings Inc. (HKG:1415) A Volatile Stock?

Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … Given that it has a beta of 1.74, we can surmise that the Cowell e Holdings share price has been fairly sensitive to market volatility (over the last 5 years). … What this means for you: Since Cowell e Holdings has a reasonably high beta, it's worth considering why it is so heavily influenced by broader market sentiment.

Simply Wall St -

Don't Sell Cowell e Holdings Inc. (HKG:1415) Before You Read This

Based on the last twelve months, Cowell e Holdings's P/E ratio is 14.1. … Price to Earnings Ratio = Share Price (in reporting currency) ÷ Earnings per Share (EPS) … P/E of 14.1 = $0.24 (Note: this is the share price in the reporting currency, namely, USD ) ÷ $0.017

Simply Wall St -

How Do Analysts See Cowell e Holdings Inc. (HKG:1415) Performing In The Next 12 Months?

Looking at Cowell e Holdings Inc.'s (HKG:1415) earnings update on 31 December 2018, … as a 35% increase in profits is expected in the upcoming year, … the past 5-year average growth rate of -29%.

Simply Wall St -

Is Cowell e Holdings Inc. (HKG:1415) Potentially Undervalued?

saw a significant share price rise of over 20% in the past couple of months on the SEHK. … Less-covered, small caps tend to present more of an opportunity for mispricing due to the lack of information available to the public, which can be a good thing? … So, could the stock still be trading at a low price relative to its actual value.

Simply Wall St -

Is Cowell e Holdings Inc. (HKG:1415) An Attractive Dividend Stock?

In the last few years Cowell e Holdings Inc. … Let's take a look at Cowell e Holdings in more detail. … See our latest analysis for Cowell e Holdings

Simply Wall St -

1415 Company Info

Description

Cowell e Holdings Inc., an investment holding company, engages in the design, development, manufacture, and sale of camera modules for smartphones, multimedia tablets, laptops, PDAs, and other mobile devices with camera functions in the People’s Republic of China, the Republic of Korea, and internationally. It also designs, develops, manufactures, and sells optical components used in various consumer electronics products. The company’s optical components include CD-P, RW/ROM, DVD-P, ROM, RW/RAM, Blue-ray disk, and Blue filter products. It offers camera modules for mobile device manufacturers; and optical components to subsidiaries or affiliates of electronics companies. Cowell e Holdings Inc. was founded in 1992 and is headquartered in Dongguan, the People’s Republic of China.

Details
Name: Cowell e Holdings Inc.
1415
Exchange: SEHK
Founded: 1992
HK$1,155,811,410
831,519,000
Website: http://www.cowellkorea.com
Address: Cowell e Holdings Inc.
No. 1 Songbai Road,
Huanan Industrial Zone,
Dongguan,
Guangdong Province, China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 1415 Common Stock The Stock Exchange of Hong Kong Ltd. HK HKD 31. Mar 2015
Number of employees
Current staff
Staff numbers
2,437
Cowell e Holdings employees.
Industry
Electronic Components
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/22 12:56
End of day share price update: 2019/07/22 00:00
Last estimates confirmation: 2019/03/26
Last earnings filing: 2019/04/10
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.