1523 Stock Overview
Plover Bay Technologies Limited, an investment holding company, designs, develops, markets, and sells software defined wide area network routers worldwide.
Plover Bay Technologies Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$2.95|
|52 Week High||HK$4.68|
|52 Week Low||HK$1.70|
|1 Month Change||-2.64%|
|3 Month Change||-10.06%|
|1 Year Change||71.51%|
|3 Year Change||154.31%|
|5 Year Change||224.18%|
|Change since IPO||502.04%|
Recent News & Updates
We Think Plover Bay Technologies (HKG:1523) Can Manage Its Debt With Ease
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Why Plover Bay Technologies Limited (HKG:1523) Could Be Worth Watching
Plover Bay Technologies Limited ( HKG:1523 ), might not be a large cap stock, but it saw significant share price...
|1523||HK Communications||HK Market|
Return vs Industry: 1523 exceeded the Hong Kong Communications industry which returned -43.7% over the past year.
Return vs Market: 1523 exceeded the Hong Kong Market which returned -23.3% over the past year.
|1523 Average Weekly Movement||5.2%|
|Communications Industry Average Movement||7.2%|
|Market Average Movement||6.9%|
|10% most volatile stocks in HK Market||13.8%|
|10% least volatile stocks in HK Market||3.4%|
Stable Share Price: 1523 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 1523's weekly volatility (5%) has been stable over the past year.
About the Company
|2006||190||Kit Wai Chau||https://www.ploverbay.com|
Plover Bay Technologies Limited, an investment holding company, designs, develops, markets, and sells software defined wide area network routers worldwide. It also provides software licences, and warranty and support services. The company markets and sells its products under the Peplink and Pepwave brands.
Plover Bay Technologies Fundamentals Summary
|1523 fundamental statistics|
Is 1523 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|1523 income statement (TTM)|
|Cost of Revenue||US$30.97m|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||0.019|
|Net Profit Margin||28.60%|
How did 1523 perform over the long term?See historical performance and comparison
4.8%Current Dividend Yield
Is 1523 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 3/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 1523?
Other financial metrics that can be useful for relative valuation.
|What is 1523's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does 1523's PE Ratio compare to its peers?
|1523 PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
1085 Hengxin Technology
303 Vtech Holdings
1300 Trigiant Group
6869 Yangtze Optical Fibre And Cable Limited
1523 Plover Bay Technologies
Price-To-Earnings vs Peers: 1523 is expensive based on its Price-To-Earnings Ratio (19.4x) compared to the peer average (10.3x).
Price to Earnings Ratio vs Industry
How does 1523's PE Ratio compare vs other companies in the Asian Communications Industry?
Price-To-Earnings vs Industry: 1523 is expensive based on its Price-To-Earnings Ratio (19.4x) compared to the Hong Kong Communications industry average (11.4x)
Price to Earnings Ratio vs Fair Ratio
What is 1523'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.
|Current PE Ratio||19.4x|
|Fair PE Ratio||11.5x|
Price-To-Earnings vs Fair Ratio: 1523 is expensive based on its Price-To-Earnings Ratio (19.4x) compared to the estimated Fair Price-To-Earnings Ratio (11.5x).
Share Price vs Fair Value
What is the Fair Price of 1523 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 1523 (HK$2.95) is trading below our estimate of fair value (HK$8.68)
Significantly Below Fair Value: 1523 is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: 1523 is good value based on its PEG Ratio (0.9x)
Discover undervalued companies
How is Plover Bay Technologies forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Future Growth Score5/6
Future Growth Score 5/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 1523's forecast earnings growth (22.8% per year) is above the savings rate (1.5%).
Earnings vs Market: 1523's earnings (22.8% per year) are forecast to grow faster than the Hong Kong market (16.9% per year).
High Growth Earnings: 1523's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 1523's revenue (19.8% per year) is forecast to grow faster than the Hong Kong market (10.3% per year).
High Growth Revenue: 1523's revenue (19.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 1523's Return on Equity is forecast to be very high in 3 years time (74.9%).
Discover growth companies
How has Plover Bay Technologies performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1523 has a high level of non-cash earnings.
Growing Profit Margin: 1523's current net profit margins (28.6%) are higher than last year (26.9%).
Past Earnings Growth Analysis
Earnings Trend: 1523's earnings have grown significantly by 22.6% per year over the past 5 years.
Accelerating Growth: 1523's earnings growth over the past year (49%) exceeds its 5-year average (22.6% per year).
Earnings vs Industry: 1523 earnings growth over the past year (49%) exceeded the Communications industry 23.3%.
Return on Equity
High ROE: 1523's Return on Equity (52.9%) is considered outstanding.
Discover strong past performing companies
How is Plover Bay Technologies's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 1523's short term assets ($66.9M) exceed its short term liabilities ($27.4M).
Long Term Liabilities: 1523's short term assets ($66.9M) exceed its long term liabilities ($4.3M).
Debt to Equity History and Analysis
Debt Level: 1523 has more cash than its total debt.
Reducing Debt: 1523's debt to equity ratio has increased from 1.3% to 11.6% over the past 5 years.
Debt Coverage: 1523's debt is well covered by operating cash flow (407.8%).
Interest Coverage: 1523's interest payments on its debt are well covered by EBIT (1304.6x coverage).
Discover healthy companies
What is Plover Bay Technologies's current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 1523's dividend (4.85%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.75%).
High Dividend: 1523's dividend (4.85%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.9%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, 1523 has been paying a dividend for less than 10 years.
Growing Dividend: 1523's dividend payments have increased, but the company has only paid a dividend for 6 years.
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (88.9%), 1523's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (114.5%), 1523's dividend payments are not well covered by cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Kit Wai Chau (47 yo)
Mr. Chau Kit Wai has been Chief Executive Officer and Executive Director at Plover Bay Technologies Limited since November 27, 2015 and has been its General Manager since April 2008. Mr. Chau joined Plover...
CEO Compensation Analysis
Compensation vs Market: Kit Wai's total compensation ($USD220.00K) is below average for companies of similar size in the Hong Kong market ($USD393.76K).
Compensation vs Earnings: Kit Wai's compensation has been consistent with company performance over the past year.
Experienced Board: 1523's board of directors are considered experienced (6.6 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.
Plover Bay Technologies Limited's employee growth, exchange listings and data sources
- Name: Plover Bay Technologies Limited
- Ticker: 1523
- Exchange: SEHK
- Founded: 2006
- Industry: Communications Equipment
- Sector: Tech
- Implied Market Cap: HK$3.225b
- Shares outstanding: 1.09b
- Website: https://www.ploverbay.com
Number of Employees
- Plover Bay Technologies Limited
- Dragon Industrial Building
- Unit B, 5th Floor
- Lai Chi Kok
- Hong Kong
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/27 00:00|
|End of Day Share Price||2022/06/27 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.