Kerry Logistics Network Limited, an investment holding company, provides logistics services in Hong Kong, Mainland China, Taiwan, the rest of Asia, and internationally. More Details
Flawless balance sheet and slightly overvalued.
Share Price & News
How has Kerry Logistics Network's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 636 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: 636's weekly volatility (3%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 636 exceeded the Hong Kong Logistics industry which returned 101.1% over the past year.
Return vs Market: 636 exceeded the Hong Kong Market which returned 27.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Kerry Logistics Network's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall StDid You Participate In Any Of Kerry Logistics Network's (HKG:636) Fantastic 160% Return ?
1 month ago | Simply Wall StIs Kerry Logistics Network (HKG:636) A Risky Investment?
2 months ago | Simply Wall StShould Kerry Logistics Network Limited (HKG:636) Be Part Of Your Dividend Portfolio?
Is Kerry Logistics Network 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: 636 (HK$23.45) is trading below our estimate of fair value (HK$29.2)
Significantly Below Fair Value: 636 is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: 636 is good value based on its PE Ratio (14.4x) compared to the HK Logistics industry average (14.8x).
PE vs Market: 636 is poor value based on its PE Ratio (14.4x) compared to the Hong Kong market (11.7x).
Price to Earnings Growth Ratio
PEG Ratio: 636's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: 636 is overvalued based on its PB Ratio (1.5x) compared to the HK Logistics industry average (1x).
How is Kerry Logistics Network forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 636's earnings are forecast to decline over the next 3 years (-1% per year).
Earnings vs Market: 636's earnings are forecast to decline over the next 3 years (-1% per year).
High Growth Earnings: 636's earnings are forecast to decline over the next 3 years.
Revenue vs Market: 636's revenue (7.9% per year) is forecast to grow slower than the Hong Kong market (12.6% per year).
High Growth Revenue: 636's revenue (7.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 636's Return on Equity is forecast to be low in 3 years time (8.8%).
How has Kerry Logistics Network performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 636 has a large one-off gain of HK$1.3B impacting its December 31 2020 financial results.
Growing Profit Margin: 636's current net profit margins (5.4%) are lower than last year (9.2%).
Past Earnings Growth Analysis
Earnings Trend: 636's earnings have grown by 13.1% per year over the past 5 years.
Accelerating Growth: 636's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 636 had negative earnings growth (-23.4%) over the past year, making it difficult to compare to the Logistics industry average (10%).
Return on Equity
High ROE: 636's Return on Equity (10.7%) is considered low.
How is Kerry Logistics Network's financial position?
Financial Position Analysis
Short Term Liabilities: 636's short term assets (HK$21.7B) exceed its short term liabilities (HK$14.9B).
Long Term Liabilities: 636's short term assets (HK$21.7B) exceed its long term liabilities (HK$9.5B).
Debt to Equity History and Analysis
Debt Level: 636's debt to equity ratio (29.1%) is considered satisfactory.
Reducing Debt: 636's debt to equity ratio has reduced from 30.6% to 29.1% over the past 5 years.
Debt Coverage: 636's debt is well covered by operating cash flow (45.7%).
Interest Coverage: 636's interest payments on its debt are well covered by EBIT (12.7x coverage).
What is Kerry Logistics Network current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 636's dividend (1.48%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (1.94%).
High Dividend: 636's dividend (1.48%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.01%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, 636 has been paying a dividend for less than 10 years.
Growing Dividend: 636's dividend payments have increased, but the company has only paid a dividend for 7 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (21.3%), 636's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 636's dividends in 3 years are forecast to be well covered by earnings (45.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
William Ma (59 yo)
Mr. Wing Kai Ma, also known as William, has been a Managing Director of Kerry Logistics Network Limited since April 2004. Mr. Ma serves as a Joint Managing Director and Group General Manager of Kerry Logis...
CEO Compensation Analysis
Compensation vs Market: William's total compensation ($USD3.07M) is above average for companies of similar size in the Hong Kong market ($USD675.91K).
Compensation vs Earnings: William's compensation has been consistent with company performance over the past year.
Experienced Management: 636's management team is seasoned and experienced (5 years average tenure).
Experienced Board: 636's board of directors are considered experienced (3.8 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.
Kerry Logistics Network Limited's company bio, employee growth, exchange listings and data sources
- Name: Kerry Logistics Network Limited
- Ticker: 636
- Exchange: SEHK
- Founded: 1981
- Industry: Air Freight and Logistics
- Sector: Transportation
- Market Cap: HK$42.098b
- Shares outstanding: 1.80b
- Website: https://www.kerrylogistics.com
Number of Employees
- Kerry Logistics Network Limited
- Kerry Cargo Centre
- 16th Floor
- Kwai Chung
- New Territories
- Hong Kong
Kerry Logistics Network Limited, an investment holding company, provides logistics services in Hong Kong, Mainland China, Taiwan, the rest of Asia, and internationally. The company operates through Logisti...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/07 10:18|
|End of Day Share Price||2021/05/07 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.