SmarTone Telecommunications Holdings Limited, an investment holding company, provides telecommunication services in Hong Kong and Macau. More Details
Flawless balance sheet, good value and pays a dividend.
Share Price & News
How has SmarTone Telecommunications Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 315 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 315's weekly volatility (4%) has been stable over the past year.
7 Day Return
HK Wireless Telecom
1 Year Return
HK Wireless Telecom
Return vs Industry: 315 underperformed the Hong Kong Wireless Telecom industry which returned 9.5% over the past year.
Return vs Market: 315 underperformed the Hong Kong Market which returned 24.4% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is SmarTone Telecommunications Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StSome Investors May Be Worried About SmarTone Telecommunications Holdings' (HKG:315) Returns On Capital
4 weeks ago | Simply Wall StSmarTone Telecommunications Holdings Limited's (HKG:315) Stock Financial Prospects Look Bleak: Should Shareholders Be Prepared For A Share Price Correction?
2 months ago | Simply Wall StWhat Kind Of Shareholders Own SmarTone Telecommunications Holdings Limited (HKG:315)?
Is SmarTone Telecommunications Holdings undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 315 (HK$4.55) is trading below our estimate of fair value (HK$11.26)
Significantly Below Fair Value: 315 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 315 is good value based on its PE Ratio (13.4x) compared to the Asian Wireless Telecom industry average (18.4x).
PE vs Market: 315 is poor value based on its PE Ratio (13.4x) compared to the Hong Kong market (11.7x).
Price to Earnings Growth Ratio
PEG Ratio: 315 is poor value based on its PEG Ratio (1.8x)
Price to Book Ratio
PB vs Industry: 315 is good value based on its PB Ratio (1x) compared to the XA Wireless Telecom industry average (1.8x).
How is SmarTone Telecommunications Holdings forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 315's forecast earnings growth (7.3% per year) is above the savings rate (1.5%).
Earnings vs Market: 315's earnings (7.3% per year) are forecast to grow slower than the Hong Kong market (16.7% per year).
High Growth Earnings: 315's earnings are forecast to grow, but not significantly.
Revenue vs Market: 315's revenue (5.2% per year) is forecast to grow slower than the Hong Kong market (12.4% per year).
High Growth Revenue: 315's revenue (5.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 315's Return on Equity is forecast to be low in 3 years time (7.3%).
How has SmarTone Telecommunications Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 315 has high quality earnings.
Growing Profit Margin: 315's current net profit margins (6.4%) are lower than last year (7.5%).
Past Earnings Growth Analysis
Earnings Trend: 315's earnings have declined by 13.8% per year over the past 5 years.
Accelerating Growth: 315's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 315 had negative earnings growth (-32.6%) over the past year, making it difficult to compare to the Wireless Telecom industry average (-1.6%).
Return on Equity
High ROE: 315's Return on Equity (6.8%) is considered low.
How is SmarTone Telecommunications Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 315's short term assets (HK$3.0B) exceed its short term liabilities (HK$2.7B).
Long Term Liabilities: 315's short term assets (HK$3.0B) exceed its long term liabilities (HK$2.5B).
Debt to Equity History and Analysis
Debt Level: 315's debt to equity ratio (32.5%) is considered satisfactory.
Reducing Debt: 315's debt to equity ratio has reduced from 72.1% to 32.5% over the past 5 years.
Debt Coverage: 315's debt is well covered by operating cash flow (144.4%).
Interest Coverage: 315's interest payments on its debt are well covered by EBIT (12.1x coverage).
What is SmarTone Telecommunications Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 315's dividend (6.48%) is higher than the bottom 25% of dividend payers in the Hong Kong market (1.94%).
High Dividend: 315's dividend (6.48%) is in the top 25% of dividend payers in the Hong Kong market (6.03%)
Stability and Growth of Payments
Stable Dividend: 315's dividend payments have been volatile in the past 10 years.
Growing Dividend: 315's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (86.9%), 315's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 315's dividends in 3 years are forecast to be covered by earnings (76.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
SmarTone Telecommunications Holdings has no CEO, or we have no data on them.
Experienced Management: 315's management team is seasoned and experienced (9.7 years average tenure).
Experienced Board: 315's board of directors are seasoned and experienced ( 10.5 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.
SmarTone Telecommunications Holdings Limited's company bio, employee growth, exchange listings and data sources
- Name: SmarTone Telecommunications Holdings Limited
- Ticker: 315
- Exchange: SEHK
- Founded: 1992
- Industry: Wireless Telecommunication Services
- Sector: Telecom
- Market Cap: HK$5.055b
- Shares outstanding: 1.11b
- Website: https://www.smartoneholdings.com
Number of Employees
- SmarTone Telecommunications Holdings Limited
- Millennium City 2
- 31st Floor
- Kwun Tong
- Hong Kong
SmarTone Telecommunications Holdings Limited, an investment holding company, provides telecommunication services in Hong Kong and Macau. The company offers voice, multimedia, and mobile and fixed fiber bro...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/16 10:21|
|End of Day Share Price||2021/05/14 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.