PCCW Limited provides telecommunications and related services in Hong Kong, Mainland and other parts of China, Japan, and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$4.03|
|52 Week High||HK$3.92|
|52 Week Low||HK$4.89|
|1 Month Change||0.75%|
|3 Month Change||-1.47%|
|1 Year Change||-16.91%|
|3 Year Change||-4.95%|
|5 Year Change||-13.15%|
|Change since IPO||130.29%|
Recent News & Updates
PCCW (HKG:8) Has No Shortage Of Debt
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
|8||HK Telecom||HK Market|
Return vs Industry: 8 underperformed the Hong Kong Telecom industry which returned -6.1% over the past year.
Return vs Market: 8 underperformed the Hong Kong Market which returned 5.9% over the past year.
Stable Share Price: 8 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: 8's weekly volatility (2%) has been stable over the past year.
About the Company
|1925||22,000||BG Srinivas Gangaiah||https://www.pccw.com|
PCCW Limited provides telecommunications and related services in Hong Kong, Mainland and other parts of China, Japan, and internationally. The company’s services include local telephony, local data and broadband, mobile and international telecommunications, and satellite-based and network-based telecommunications services; and outsourcing, consulting, and contact center services. It also provides technical support, electronics and communications engineering, and products and solutions, as well as free television, pay television program, and interactive multimedia services; sells advertising in various telephone directories and on the Internet; publishes directories; and sells mobile handsets and accessories.
PCCW Fundamentals Summary
|8 fundamental statistics|
Is 8 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|8 income statement (TTM)|
|Cost of Revenue||HK$20.62b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.097|
|Net Profit Margin||-1.97%|
How did 8 perform over the long term?See historical performance and comparison
8.0%Current Dividend Yield
Is PCCW 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: 8 (HK$4.03) is trading below our estimate of fair value (HK$65.09)
Significantly Below Fair Value: 8 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 8 is unprofitable, so we can't compare its PE Ratio to the Hong Kong Telecom industry average.
PE vs Market: 8 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 8's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 8 is overvalued based on its PB Ratio (2.3x) compared to the HK Telecom industry average (1x).
How is PCCW forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 8 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.5%).
Earnings vs Market: 8 is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: 8's is expected to become profitable in the next 3 years.
Revenue vs Market: 8's revenue (3.7% per year) is forecast to grow slower than the Hong Kong market (12.5% per year).
High Growth Revenue: 8's revenue (3.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 8's Return on Equity is forecast to be low in 3 years time (11.6%).
How has PCCW performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 8 is currently unprofitable.
Growing Profit Margin: 8 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 8 is unprofitable, and losses have increased over the past 5 years at a rate of 54.6% per year.
Accelerating Growth: Unable to compare 8's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 8 is unprofitable, making it difficult to compare its past year earnings growth to the Telecom industry (18.3%).
Return on Equity
High ROE: 8 has a negative Return on Equity (4.7%), as it is currently unprofitable.
How is PCCW's financial position?
Financial Position Analysis
Short Term Liabilities: 8's short term assets (HK$20.2B) exceed its short term liabilities (HK$20.0B).
Long Term Liabilities: 8's short term assets (HK$20.2B) do not cover its long term liabilities (HK$65.9B).
Debt to Equity History and Analysis
Debt Level: 8's debt to equity ratio (356.6%) is considered high.
Reducing Debt: 8's debt to equity ratio has increased from 310.9% to 356.6% over the past 5 years.
Debt Coverage: 8's debt is not well covered by operating cash flow (18.2%).
Interest Coverage: 8's interest payments on its debt are not well covered by EBIT (2.4x coverage).
What is PCCW current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 8's dividend (8.03%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.22%).
High Dividend: 8's dividend (8.03%) is in the top 25% of dividend payers in the Hong Kong market (6.77%)
Stability and Growth of Payments
Stable Dividend: 8's dividends per share have been stable in the past 10 years.
Growing Dividend: 8's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: 8 is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
BG Srinivas Gangaiah (60 yo)
Mr. Srinivas Bangalore Gangaiah, BG Srinivas, has been Group Managing Director and Executive Director of PCCW Limited since July 14, 2014. Prior to joining PCCW, Mr. Gangaiah has worked for the last 15 yea...
CEO Compensation Analysis
Compensation vs Market: BG Srinivas's total compensation ($USD2.86M) is above average for companies of similar size in the Hong Kong market ($USD685.86K).
Compensation vs Earnings: BG Srinivas's compensation has been consistent with company performance over the past year.
Experienced Management: 8's management team is seasoned and experienced (7 years average tenure).
Experienced Board: 8's board of directors are considered experienced (9.8 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
PCCW Limited's employee growth, exchange listings and data sources
- Name: PCCW Limited
- Ticker: 8
- Exchange: SEHK
- Founded: 1925
- Industry: Integrated Telecommunication Services
- Sector: Telecom
- Market Cap: HK$31.129b
- Shares outstanding: 7.72b
- Website: https://www.pccw.com
Number of Employees
- PCCW Limited
- PCCW Tower
- 41st Floor
- Quarry Bay
- Hong Kong
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/25 16:36|
|End of Day Share Price||2021/10/25 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.