| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 2/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
327 Overview
PAX Global Technology Limited, an investment holding company, engages in the development and sale of electronic funds transfer point-of-sale products worldwide.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$10.00 |
| 52 Week High | HK$4.36 |
| 52 Week Low | HK$11.00 |
| Beta | 1.18 |
| 1 Month Change | 1.21% |
| 3 Month Change | 2.99% |
| 1 Year Change | 113.68% |
| 3 Year Change | 155.10% |
| 5 Year Change | 66.95% |
| Change since IPO | 246.02% |
Recent News & Updates
PAX Global Technology (HKG:327) Is Increasing Its Dividend To HK$0.12
PAX Global Technology Limited's ( HKG:327 ) dividend will be increasing to HK$0.12 on 16th of September. This takes the...
With EPS Growth And More, PAX Global Technology (HKG:327) Is Interesting
Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
PAX Global Technology (HKG:327) Hasn't Managed To Accelerate Its Returns
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Shareholder Returns
| 327 | HK Electronic | HK Market | |
|---|---|---|---|
| 7D | -1.6% | -5.2% | -4.1% |
| 1Y | 113.7% | 36.4% | 5.4% |
Return vs Industry: 327 exceeded the Hong Kong Electronic industry which returned 36.4% over the past year.
Return vs Market: 327 exceeded the Hong Kong Market which returned 5.4% over the past year.
Price Volatility
| 327 volatility | |
|---|---|
| 327 Beta | 1.18 |
| Industry Beta | 0.98 |
| Market Beta | 1 |
Stable Share Price: 327 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: 327's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2000 | 1,657 | Jack Lu | https://www.paxglobal.com.hk |
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 smart and traditional E-payment terminals, smart electronic cash register solutions, mobile E-payment terminals, and QR code E-payment terminals, as well as other accessories. The company also develops PAXSTORE, a cloud-based platform that allows users to create and manage their own independent white-label marketplace for software application distribution; and paxRhino, a key injection service.
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$10) is trading below our estimate of fair value (HK$38.57)
Significantly Below Fair Value: 327 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 327 is poor value based on its PE Ratio (10.7x) compared to the Hong Kong Electronic industry average (9.1x).
PE vs Market: 327 is poor value based on its PE Ratio (10.7x) compared to the Hong Kong market (10.1x).
Price to Earnings Growth Ratio
PEG Ratio: 327 is good value based on its PEG Ratio (0.7x)
Price to Book Ratio
PB vs Industry: 327 is overvalued based on its PB Ratio (1.8x) compared to the HK Electronic industry average (0.8x).
Future Growth
How is PAX Global Technology forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
16.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 327's forecast earnings growth (16.1% per year) is above the savings rate (1.5%).
Earnings vs Market: 327's earnings (16.1% per year) are forecast to grow slower than the Hong Kong market (17% per year).
High Growth Earnings: 327's earnings are forecast to grow, but not significantly.
Revenue vs Market: 327's revenue (15.5% per year) is forecast to grow faster than the Hong Kong market (12.1% per year).
High Growth Revenue: 327's revenue (15.5% 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 (19.6%).
Past Performance
How has PAX Global Technology performed over the past 5 years?
12.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 327 has a high level of non-cash earnings.
Growing Profit Margin: 327's current net profit margins (16%) are higher than last year (13.4%).
Past Earnings Growth Analysis
Earnings Trend: 327's earnings have grown by 12.3% per year over the past 5 years.
Accelerating Growth: 327's earnings growth over the past year (51.1%) exceeds its 5-year average (12.3% per year).
Earnings vs Industry: 327 earnings growth over the past year (51.1%) exceeded the Electronic industry 50.5%.
Return on Equity
High ROE: 327's Return on Equity (17.2%) is considered low.
Financial Health
How is PAX Global Technology's financial position?
Financial Position Analysis
Short Term Liabilities: 327's short term assets (HK$7.0B) exceed its short term liabilities (HK$1.6B).
Long Term Liabilities: 327's short term assets (HK$7.0B) exceed its long term liabilities (HK$101.7M).
Debt to Equity History and Analysis
Debt Level: 327 is debt free.
Reducing Debt: 327 had no debt 5 years ago.
Debt Coverage: 327 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 327 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is PAX Global Technology current dividend yield, its reliability and sustainability?
2.40%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 327's dividend (2.4%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.24%).
High Dividend: 327's dividend (2.4%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.74%).
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 (23.3%), 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 (26.2% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
9.4yrs
Average management tenure
CEO
Jack Lu (56 yo)
8.33yrs
Tenure
HK$17,087,000
Compensation
Mr. Jie Lu, also known as Jack, is the Chief Executive Officer and an Executive Director of PAX Global Technology Limited (the “Company”) and the President of Pax Computer Technology (Shenzhen) Co., Ltd. H...
CEO Compensation Analysis
Compensation vs Market: Jack's total compensation ($USD2.20M) is above average for companies of similar size in the Hong Kong market ($USD632.78K).
Compensation vs Earnings: Jack's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: 327's management team is seasoned and experienced (9.4 years average tenure).
Board Members
Experienced Board: 327's board of directors are seasoned and experienced ( 10.8 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 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$10.877b
- Shares outstanding: 1.10b
- Website: https://www.paxglobal.com.hk
Number of Employees
Location
- PAX Global Technology Limited
- Sun Hung Kai Centre
- Room 2504, 25th Floor
- Wan Chai
- Hong Kong
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/17 10:04 |
| End of Day Share Price | 2021/09/17 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.