Snowflake Score | |
---|---|
Valuation | 3/6 |
Future Growth | 5/6 |
Past Performance | 5/6 |
Financial Health | 5/6 |
Dividends | 2/6 |
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 |
Beta | 0.81 |
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...
Shareholder Returns
1523 | HK Communications | HK Market | |
---|---|---|---|
7D | 1.7% | 6.5% | 1.7% |
1Y | 71.5% | -39.6% | -21.2% |
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.
Price Volatility
1523 volatility | |
---|---|
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
Founded | Employees | CEO | Website |
---|---|---|---|
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 | |
---|---|
Market Cap | US$410.85m |
Earnings (TTM) | US$21.20m |
Revenue (TTM) | US$74.13m |
19.4x
P/E Ratio5.5x
P/S RatioIs 1523 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
1523 income statement (TTM) | |
---|---|
Revenue | US$74.13m |
Cost of Revenue | US$30.97m |
Gross Profit | US$43.16m |
Other Expenses | US$21.96m |
Earnings | US$21.20m |
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
n/a
Earnings per share (EPS) | 0.019 |
Gross Margin | 58.22% |
Net Profit Margin | 28.60% |
Debt/Equity Ratio | 11.6% |
How did 1523 perform over the long term?
See historical performance and comparisonDividends
4.8%
Current Dividend Yield89%
Payout RatioValuation
Is 1523 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
3/6Valuation 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
PEG Ratio
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? | |
---|---|
n/a Ratio | 0x |
n/a | n/a |
Market Cap | US$410.85m |
Key Statistics | |
---|---|
Enterprise Value/Revenue | 5.2x |
Enterprise Value/EBITDA | 14.7x |
PEG Ratio | 0.9x |
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 |
---|---|---|---|
Peer Average | 10.3x | ||
1085 Hengxin Technology | 16.4x | n/a | HK$1.4b |
303 Vtech Holdings | 11.5x | n/a | HK$15.6b |
1300 Trigiant Group | 3.5x | n/a | HK$851.0m |
6869 Yangtze Optical Fibre And Cable Limited | 9.7x | 8.4% | HK$18.4b |
1523 Plover Bay Technologies | 19.4x | 22.8% | HK$3.2b |
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.
Fair Ratio | |
---|---|
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)
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Future Growth
How is Plover Bay Technologies forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Future Growth Score
5/6Future Growth Score 5/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
22.8%
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%).
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Past Performance
How has Plover Bay Technologies 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
22.6%
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
Financial Health
How is Plover Bay Technologies's financial position?
Financial Health Score
5/6Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
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).
Balance Sheet
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Dividend
What is Plover Bay Technologies's current dividend yield, its reliability and sustainability?
Dividend Score
3/6Dividend Score 3/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
4.85%
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
Management
How experienced are the management team and are they aligned to shareholders interests?
6.6yrs
Average board tenure
CEO
Kit Wai Chau (47 yo)
6.58yrs
Tenure
US$220,000
Compensation
Mr. Chau Kit Wai has been Chief Executive Officer and Executive Director at Plover Bay Technologies Limited since November 27, 2015 and has been its General Manager since April 2008. Mr. Chau joined Plover...
CEO Compensation Analysis
Compensation vs Market: Kit Wai's total compensation ($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.
Board Members
Experienced Board: 1523's board of directors are considered experienced (6.6 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 not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Plover Bay Technologies Limited's employee growth, exchange listings and data sources
Key Information
- 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
Location
- Plover Bay Technologies Limited
- Dragon Industrial Building
- Unit B, 5th Floor
- Lai Chi Kok
- Kowloon
- Hong Kong
Listings
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 |
Earnings | 2021/12/31 |
Annual Earnings | 2021/12/31 |
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.