SEHK:77

Stock Analysis Report

AMS Public Transport Holdings

Executive Summary

AMS Public Transport Holdings Limited, an investment holding company, provides franchised public light bus (PLB) transportation services in Hong Kong.

Snowflake

Fundamentals

Imperfect balance sheet unattractive dividend payer.

Risks

  • AMS Public Transport Holdings is not covered by any analysts.

Share Price & News

How has AMS Public Transport Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

SEHK:77

0.3%

HK Transportation

0.7%

HK Market


1 Year Return

-14.3%

SEHK:77

5.2%

HK Transportation

-5.3%

HK Market

77 underperformed the Transportation industry which returned 5.2% over the past year.

77 underperformed the Market in Hong Kong which returned -5.3% over the past year.


Share holder returns

77IndustryMarket
7 Day0%0.3%0.7%
30 Day-5.3%-4.0%4.9%
90 Day-3.2%-8.8%-3.7%
1 Year-6.6%-14.3%7.8%5.2%-1.8%-5.3%
3 Year-18.4%-32.8%11.8%0.4%16.4%4.6%
5 Year-0.5%-26.8%60.4%31.5%18.0%-1.7%

Price Volatility Vs. Market

How volatile is AMS Public Transport Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is AMS Public Transport Holdings undervalued based on future cash flows and its price relative to the stock market?

1.91x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

AMS Public Transport Holdings's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

AMS Public Transport Holdings's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

AMS Public Transport Holdings is loss making, we can't compare its value to the HK Transportation industry average.

AMS Public Transport Holdings is loss making, we can't compare the value of its earnings to the Hong Kong market.


Price Based on Expected Growth

Unable to calculate PEG ratio for AMS Public Transport Holdings, we can't assess if its growth is good value.


Price Based on Value of Assets

AMS Public Transport Holdings is overvalued based on assets compared to the HK Transportation industry average.


Next Steps

Future Growth

How is AMS Public Transport Holdings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

8.9%

Forecasted Transportation industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as AMS Public Transport Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has AMS Public Transport Holdings performed over the past 5 years?

-20.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

AMS Public Transport Holdings does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare AMS Public Transport Holdings's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare AMS Public Transport Holdings's 1-year growth to the HK Transportation industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if AMS Public Transport Holdings has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if AMS Public Transport Holdings has efficiently used its assets last year compared to the HK Transportation industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if AMS Public Transport Holdings improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is AMS Public Transport Holdings's financial position?


Financial Position Analysis

AMS Public Transport Holdings's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

AMS Public Transport Holdings's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

AMS Public Transport Holdings's level of debt (116.8%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (58.2% vs 116.8% today).


Balance Sheet

Low level of unsold assets.

Debt is not covered by short term assets, assets are 0.3x debt.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Whilst loss making AMS Public Transport Holdings has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.

Whilst loss making AMS Public Transport Holdings has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -4.9% per year.


Next Steps

Dividend

What is AMS Public Transport Holdings's current dividend yield, its reliability and sustainability?

8.89%

Current Dividend Yield


Dividend Yield and Payments Analysis

AMS Public Transport Holdings's pays a higher dividend yield than the bottom 25% of dividend payers in Hong Kong (2.21%).

AMS Public Transport Holdings's dividend is above the markets top 25% of dividend payers in Hong Kong (6.17%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have fallen over the past 10 years.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as AMS Public Transport Holdings has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of AMS Public Transport Holdings's salary, the management and board of directors tenure and is there insider trading?

14.4yrs

Average management tenure


CEO

Man Chun Chan (55yo)

14.4yrs

Tenure

HK$12,309,000

Compensation

Mr. Chan Man Chun, MBA, CMILT has been the Chief Executive Officer at AMS Public Transport Holdings Ltd., a holding company of Chinalink Express Holdings Ltd., since April 1, 2005 and served as its General ...


CEO Compensation Analysis

Man Chun's remuneration is higher than average for companies of similar size in Hong Kong.

Man Chun's compensation has increased whilst company is loss making.


Management Age and Tenure

14.4yrs

Average Tenure

44yo

Average Age

The average tenure for the AMS Public Transport Holdings management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

8.3yrs

Average Tenure

61.5yo

Average Age

The tenure for the AMS Public Transport Holdings board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

BuyHK$48,50002 Apr 19
Sui Chun Ng
EntityIndividual
Role
Member of the Board of Directors
Finance Director & Executive Director
Shares50,000
Max PriceHK$0.97

Ownership Breakdown


Management Team

  • Yu Fung Wong (41yo)

    Group Operations Manager

    • Tenure: 0yrs
  • Vincent Wong (45yo)

    Chairman of the Board

    • Tenure: 4.8yrs
    • Compensation: HK$1.36m
  • Sui Chun Ng (68yo)

    Finance Director & Executive Director

    • Tenure: 0yrs
    • Compensation: HK$1.18m
  • Man Chun Chan (55yo)

    CEO & Executive Director

    • Tenure: 14.4yrs
    • Compensation: HK$12.31m
  • Ka Yan Wong (42yo)

    Financial Controller & Company Secretary

    • Tenure: 14.2yrs
  • Maya Wong (43yo)

    Human Resources Director

    • Tenure: 8yrs
    • Compensation: HK$1.15m

Board Members

  • Allen Lee (79yo)

    Independent Non-Executive Director

    • Tenure: 15.5yrs
    • Compensation: HK$336.00k
  • Vincent Wong (45yo)

    Chairman of the Board

    • Tenure: 4.8yrs
    • Compensation: HK$1.36m
  • Sui Chun Ng (68yo)

    Finance Director & Executive Director

    • Tenure: 0yrs
    • Compensation: HK$1.18m
  • Man Chun Chan (55yo)

    CEO & Executive Director

    • Tenure: 14.4yrs
    • Compensation: HK$12.31m
  • Maya Wong (43yo)

    Human Resources Director

    • Tenure: 8yrs
    • Compensation: HK$1.15m
  • Ki Chi Kwong (68yo)

    Independent Non-Executive Director

    • Tenure: 8.5yrs
    • Compensation: HK$336.00k
  • Dorothy Chan (69yo)

    Independent Non-Executive Director

    • Tenure: 9.5yrs
    • Compensation: HK$336.00k
  • Vivian Wong (49yo)

    Non-Executive Director

    • Tenure: 2.1yrs
    • Compensation: HK$336.00k

Company Information

AMS Public Transport Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: AMS Public Transport Holdings Limited
  • Ticker: 77
  • Exchange: SEHK
  • Founded: 1975
  • Industry: Trucking
  • Sector: Transportation
  • Market Cap: HK$247.441m
  • Shares outstanding: 271.91m
  • Website: https://www.amspt.com

Number of Employees


Location

  • AMS Public Transport Holdings Limited
  • Abba Commercial Building
  • 11th-12th Floor
  • Aberdeen
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
77SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJan 2005

Biography

AMS Public Transport Holdings Limited, an investment holding company, provides franchised public light bus (PLB) transportation services in Hong Kong. The company operates 69 franchised PLB routes with 357 ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/18 12:41
End of Day Share Price2019/09/18 00:00
Earnings2019/03/31
Annual Earnings2019/03/31


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.