SEHK:8033

Stock Analysis Report

Vodatel Networks Holdings

Executive Summary

Vodatel Networks Holdings Limited, an investment holding company, primarily engages in the design, sale, and implementation of network and systems infrastructure in Mainland China, Hong Kong, and Macau.

Snowflake

Fundamentals

Adequate balance sheet and fair value.

Share Price & News

How has Vodatel Networks Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

1.4%

8033

-1.5%

HK Communications

2.9%

HK Market


1 Year Return

-43.5%

8033

-10.1%

HK Communications

0.7%

HK Market

Return vs Industry: 8033 underperformed the Hong Kong Communications industry which returned -10.1% over the past year.

Return vs Market: 8033 underperformed the Hong Kong Market which returned 0.7% over the past year.


Shareholder returns

8033IndustryMarket
7 Day1.4%-1.5%2.9%
30 Day2.1%-5.1%-2.5%
90 Day-22.6%-5.6%-5.4%
1 Year-41.9%-43.5%-6.9%-10.1%4.4%0.7%
3 Year-44.2%-49.3%-0.5%-8.2%17.0%5.2%
5 Year-47.6%-54.8%-21.3%-17.4%20.2%0.2%

Price Volatility Vs. Market

How volatile is Vodatel Networks Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Vodatel Networks Holdings undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: 8033 (HK$0.15) is trading below our estimate of fair value (HK$9.38)

Significantly Undervalued: 8033 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 8033 is unprofitable, so we can't compare its PE Ratio to the Communications industry average.

PE vs Market: 8033 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate 8033's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 8033 is good value based on its PB Ratio (0.4x) compared to the HK Communications industry average (1.2x).


Next Steps

Future Growth

How is Vodatel Networks Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

40.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 8033 is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: 8033 is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: 8033 is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: Insufficient data to determine if 8033's revenue is forecast to grow faster than the Hong Kong market.

High Growth Revenue: Insufficient data to determine if 8033's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if 8033's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Vodatel Networks Holdings performed over the past 5 years?

-44.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 8033 is unprofitable, and losses have increased over the past 5 years at a rate of -44% per year.

Accelerating Growth: Unable to compare 8033's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 8033 is unprofitable, making it difficult to compare its past year earnings growth to the Communications industry (-14.9%).


Return on Equity

High ROE: 8033 has a negative Return on Equity (-0.9%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: 8033 is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: 8033 is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Vodatel Networks Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 8033's short term assets (HK$310.6M) exceeds its short term liabilities (HK$188.6M)

Long Term Liabilities: 8033's short term assets (310.6M) exceeds its long term liabilities (516.0K)


Debt to Equity History and Analysis

Debt Level: 8033's debt to equity ratio (0.01%) is considered satisfactory

Reducing Debt: 8033's debt to equity ratio has increased from 0.01% to 0.01% over the past 5 years.

Debt Coverage: 8033's debt is well covered by operating cash flow (238072.7%).

Interest Coverage: Insufficient data to determine if 8033's interest payments on its debt are well covered by EBIT.


Balance Sheet

Inventory Level: 8033 has a low level of unsold assets or inventory.

Debt Coverage by Assets: 8033's debt is covered by short term assets (assets are 14118.545450x debt).


Next Steps

Dividend

What is Vodatel Networks Holdings's current dividend yield, its reliability and sustainability?

3.40%

Current Dividend Yield


Dividend Yield vs Market

company3.4%marketbottom25%2.2%markettop25%6.3%industryaverage3.4%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: 8033's dividend (3.4%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.25%).

High Dividend: 8033's dividend (3.4%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.29%).

Stable Dividend: 8033's dividend payments have been volatile in the past 10 years.

Growing Dividend: 8033's dividend payments have not increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: 8033 is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

3.7yrs

Average management tenure


CEO

Kin Kuan (53yo)

3.7yrs

Tenure

HK$1,402,000

Compensation

Mr. Kin Man Kuan has been Co-Managing Director of Vodatel Networks Holdings Ltd. since February 12, 2016. Mr. Kuan has been General Manager of Sales & Marketing of Vodatel Networks Holdings Limited. since ...


CEO Compensation Analysis

Compensation vs. Market: Kin's total compensation ($USD178.74K) is about average for companies of similar size in the Hong Kong market ($USD211.63K).

Compensation vs Earnings: Kin's compensation has been consistent with company performance over the past year.


Management Age and Tenure

3.7yrs

Average Tenure

54.5yo

Average Age

Experienced Management: 8033's management team is considered experienced (3.7 years average tenure).


Board Age and Tenure

15.1yrs

Average Tenure

57yo

Average Age

Experienced Board: 8033's board of directors are seasoned and experienced ( 15.1 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyHK$13,537,61628 Mar 19
José dos Santos
EntityIndividual
Role
Chairman of the Board
Founder & Chairman
Shares56,407,500
Max PriceHK$0.24

Ownership Breakdown


Management Team

  • Monica Nunes (50yo)

    Co-MD, Finance Director

    • Tenure: 19.8yrs
    • Compensation: HK$1.72m
  • Paul Ho (56yo)

    Director of Technical Services

    • Tenure: 19.8yrs
  • José dos Santos (71yo)

    Founder & Chairman

    • Tenure: 0yrs
    • Compensation: HK$5.05m
  • Kin Kuan (53yo)

    Co-MD, GM of Sales & Marketing and Executive Director

    • Tenure: 3.7yrs
    • Compensation: HK$1.40m
  • Wenhua Wu (55yo)

    Chief Executive Officer of TSTSH

    • Tenure: 0yrs
  • Redford Foo (45yo)

    Company Secretary

    • Tenure: 0yrs
  • Andy Mok (54yo)

    Deputy General Manager of Sales & Marketing - Macao

    • Tenure: 0yrs
  • Manouchehr Mehrabi (60yo)

    Senior Project Management Consultant

    • Tenure: 0yrs

Board Members

  • Monica Nunes (50yo)

    Co-MD, Finance Director

    • Tenure: 19.8yrs
    • Compensation: HK$1.72m
  • José dos Santos (71yo)

    Founder & Chairman

    • Tenure: 0yrs
    • Compensation: HK$5.05m
  • Kin Kuan (53yo)

    Co-MD, GM of Sales & Marketing and Executive Director

    • Tenure: 3.7yrs
    • Compensation: HK$1.40m
  • Roger Fung (66yo)

    Independent Non-Executive Director

    • Tenure: 15.1yrs
    • Compensation: HK$120.00k
  • Patrick Wong (45yo)

    Independent Non-Executive Director

    • Tenure: 11.3yrs
    • Compensation: HK$120.00k
  • Kam Tou (61yo)

    Independent Non-Executive Director

    • Tenure: 10.4yrs
    • Compensation: HK$120.00k

Company Information

Vodatel Networks Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Vodatel Networks Holdings Limited
  • Ticker: 8033
  • Exchange: SEHK
  • Founded:
  • Industry: Communications Equipment
  • Sector: Tech
  • Market Cap: HK$90.322m
  • Shares outstanding: 614.44m
  • Website: https://www.vodatelsys.com

Number of Employees


Location

  • Vodatel Networks Holdings Limited
  • 74 da Rua da Felicidade
  • Edifício Vodatel
  • Taipa
  • Macau

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
8033SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDFeb 2000

Biography

Vodatel Networks Holdings Limited, an investment holding company, primarily engages in the design, sale, and implementation of network and systems infrastructure in Mainland China, Hong Kong, and Macau. It ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 12:34
End of Day Share Price2019/10/11 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.