Executive Summary
PAX Global Technology Limited, an investment holding company, engages in the development and sale of electronic funds transfer point-of-sale products worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Undervalued with solid track record.
Share Price & News
How has PAX Global Technology's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 327 is more volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 14% a week.
Volatility Over Time: 327's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.
Market Performance
7 Day Return
-13.5%
327
-9.1%
HK Electronic
-5.9%
HK Market
1 Year Return
84.2%
327
26.6%
HK Electronic
21.6%
HK Market
Return vs Industry: 327 exceeded the Hong Kong Electronic industry which returned 26.6% over the past year.
Return vs Market: 327 exceeded the Hong Kong Market which returned 21.6% over the past year.
Shareholder returns
| 327 | Industry | Market | |
|---|---|---|---|
| 7 Day | -13.5% | -9.1% | -5.9% |
| 30 Day | -6.4% | 1.0% | 2.7% |
| 90 Day | 47.9% | 20.7% | 10.9% |
| 1 Year | 93.4%84.2% | 31.5%26.6% | 26.3%21.6% |
| 3 Year | 98.1%80.5% | -16.4%-23.6% | 4.2%-6.7% |
| 5 Year | -5.0%-15.8% | 78.7%56.3% | 58.3%31.3% |
Long-Term Price Volatility Vs. Market
How volatile is PAX Global Technology's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Did You Participate In Any Of PAX Global Technology's (HKG:327) Fantastic 165% Return ?3 weeks ago | Simply Wall St
If You Like EPS Growth Then Check Out PAX Global Technology (HKG:327) Before It's Too Late1 month ago | Simply Wall St
Are Investors Undervaluing PAX Global Technology Limited (HKG:327) By 49%?Valuation
Is PAX Global Technology undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 327 (HK$7.13) is trading below our estimate of fair value (HK$15.82)
Significantly Below Fair Value: 327 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 327 is good value based on its PE Ratio (11.4x) compared to the HK Electronic industry average (15.1x).
PE vs Market: 327 is good value based on its PE Ratio (11.4x) compared to the Hong Kong market (12.2x).
Price to Earnings Growth Ratio
PEG Ratio: 327 is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: 327 is overvalued based on its PB Ratio (1.6x) compared to the HK Electronic industry average (1x).
Next Steps
Future Growth
How is PAX Global Technology forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
24.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 327's forecast earnings growth (24.2% per year) is above the savings rate (1.5%).
Earnings vs Market: 327's earnings (24.2% per year) are forecast to grow faster than the Hong Kong market (21.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 327's revenue (14.2% per year) is forecast to grow faster than the Hong Kong market (13.6% per year).
High Growth Revenue: 327's revenue (14.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 327's Return on Equity is forecast to be low in 3 years time (18.6%).
Next Steps
Past Performance
How has PAX Global Technology performed over the past 5 years?
1.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 327 has high quality earnings.
Growing Profit Margin: 327's current net profit margins (13.4%) are higher than last year (12%).
Past Earnings Growth Analysis
Earnings Trend: 327's earnings have grown by 1% per year over the past 5 years.
Accelerating Growth: 327's earnings growth over the past year (15.8%) exceeds its 5-year average (1% per year).
Earnings vs Industry: 327 earnings growth over the past year (15.8%) exceeded the Electronic industry -9.9%.
Return on Equity
High ROE: 327's Return on Equity (13.8%) is considered low.
Next Steps
Financial Health
How is PAX Global Technology's financial position?
Financial Position Analysis
Short Term Liabilities: 327's short term assets (HK$6.3B) exceed its short term liabilities (HK$1.7B).
Long Term Liabilities: 327's short term assets (HK$6.3B) exceed its long term liabilities (HK$107.1M).
Debt to Equity History and Analysis
Debt Level: 327's debt to equity ratio (0.04%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 327's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 327's debt is well covered by operating cash flow (36391.2%).
Interest Coverage: 327 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is PAX Global Technology current dividend yield, its reliability and sustainability?
1.96%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 327's dividend (1.96%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (2.03%).
High Dividend: 327's dividend (1.96%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.3%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, 327 has been paying a dividend for less than 10 years.
Growing Dividend: 327's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (20.8%), 327's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 327's dividends in 3 years are forecast to be well covered by earnings (20.6% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
8.8yrs
Average management tenure
CEO
Jack Lu (55 yo)
7.75yrs
Tenure
HK$15,199,000
Compensation
Jie Lu is the Chief Executive Officer and an Executive Director of PAX Global Technology Limited (the “Company”) and the President of Pax Computer Technology (Shenzhen) Co., Ltd. He joined the Group in Aug...
CEO Compensation Analysis
Compensation vs Market: Jack's total compensation ($USD1.96M) is above average for companies of similar size in the Hong Kong market ($USD413.39K).
Compensation vs Earnings: Jack's compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 10.17yrs | HK$6.29m | 0.38% HK$ 29.9m | |
| CEO & Executive Director | 7.75yrs | HK$15.20m | 0.81% HK$ 63.2m | |
| Executive Director | 11yrs | HK$11.28m | 0.26% HK$ 20.6m | |
| CFO & Joint Secretary | 5.08yrs | no data | no data | |
| Executive VP & Chairman of Pax Technology (Shenzhen) | no data | no data | no data | |
| Joint Company Secretary | 10.92yrs | no data | no data | |
| CEO & President of United States Operations | 9.92yrs | no data | no data |
8.8yrs
Average Tenure
55yo
Average Age
Experienced Management: 327's management team is seasoned and experienced (8.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 10.17yrs | HK$6.29m | 0.38% HK$ 29.9m | |
| CEO & Executive Director | 7.75yrs | HK$15.20m | 0.81% HK$ 63.2m | |
| Executive Director | 11yrs | HK$11.28m | 0.26% HK$ 20.6m | |
| Independent Non Executive Director | 10.17yrs | HK$470.00k | no data | |
| Independent Non-Executive Director | 10.17yrs | HK$470.00k | no data | |
| Independent Non-Executive Director | 10.17yrs | HK$470.00k | no data |
10.2yrs
Average Tenure
55.5yo
Average Age
Experienced Board: 327's board of directors are seasoned and experienced ( 10.2 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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
PAX Global Technology Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: PAX Global Technology Limited
- Ticker: 327
- Exchange: SEHK
- Founded: 2000
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: HK$7.801b
- Shares outstanding: 1.09b
- Website: https://www.paxglobal.com.hk
Number of Employees
Location
- PAX Global Technology Limited
- Sun Hung Kai Centre
- Room 2504, 25th Floor
- Wanchai
- Hong Kong
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 327 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Dec 2010 |
| P8X | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Dec 2010 |
| PXGY.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Dec 2010 |
Biography
PAX Global Technology Limited, an investment holding company, engages in the development and sale of electronic funds transfer point-of-sale products worldwide. Its E-payment terminal products include smar...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/02/28 10:11 |
| End of Day Share Price | 2021/02/26 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.