Hong Leong Financial Group Berhad, an investment holding company, provides various conventional and Islamic financial products and services to consumer, corporate, and institutional customers.
Flawless balance sheet, undervalued and pays a dividend.
Share Price & News
How has Hong Leong Financial Group Berhad's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HLFB.F has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: Insufficient data to determine how HLFB.F performed against the US Banks industry.
Return vs Market: Insufficient data to determine how HLFB.F performed against the US Market.
Price Volatility Vs. Market
How volatile is Hong Leong Financial Group Berhad's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Hong Leong Financial Group Berhad 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: HLFB.F ($2.75) is trading below our estimate of fair value ($3.54)
Significantly Below Fair Value: HLFB.F is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HLFB.F is good value based on its PE Ratio (8.1x) compared to the Banks industry average (8.9x).
PE vs Market: HLFB.F is good value based on its PE Ratio (8.1x) compared to the US market (13.1x).
Price to Earnings Growth Ratio
PEG Ratio: HLFB.F is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: HLFB.F is good value based on its PB Ratio (0.8x) compared to the US Banks industry average (0.8x).
How is Hong Leong Financial Group Berhad 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: HLFB.F's forecast earnings growth (6.5% per year) is above the savings rate (1.7%).
Earnings vs Market: HLFB.F's earnings (6.5% per year) are forecast to grow slower than the US market (12.3% per year).
High Growth Earnings: HLFB.F's earnings are forecast to grow, but not significantly.
Revenue vs Market: HLFB.F's revenue (5.4% per year) is forecast to grow slower than the US market (7.2% per year).
High Growth Revenue: HLFB.F's revenue (5.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HLFB.F's Return on Equity is forecast to be low in 3 years time (9.8%).
How has Hong Leong Financial Group Berhad performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HLFB.F has high quality earnings.
Growing Profit Margin: HLFB.F's current net profit margins (36.5%) are higher than last year (36.3%).
Past Earnings Growth Analysis
Earnings Trend: HLFB.F's earnings have grown by 5.7% per year over the past 5 years.
Accelerating Growth: HLFB.F's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: HLFB.F had negative earnings growth (-1%) over the past year, making it difficult to compare to the Banks industry average (10.9%).
Return on Equity
High ROE: HLFB.F's Return on Equity (9.9%) is considered low.
How is Hong Leong Financial Group Berhad's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: HLFB.F has a low level of unsold assets or inventory.
Debt Coverage by Assets: HLFB.F's debt is covered by short term assets (assets are 9.2x debt).
Financial Institutions Analysis
Asset Level: HLFB.F's level of assets compared to its equity is low.
Allowance for Bad Loans: HLFB.F has a sufficient allowance for bad loans.
Low Risk Liabilities: HLFB.F's liabilities are made up of primarily low risk sources of funding.
Loan Level: HLFB.F has an acceptable proportion of non-loan assets held.
Low Risk Deposits: HLFB.F's loans are broadly funded by customer deposits.
Level of Bad Loans: HLFB.F has an appropriate level of bad loans (0.88%)
What is Hong Leong Financial Group Berhad's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HLFB.F's dividend (3.07%) is higher than the bottom 25% of dividend payers in the US market (1.95%).
High Dividend: HLFB.F's dividend (3.07%) is low compared to the top 25% of dividend payers in the US market (5.37%).
Stability and Growth of Payments
Stable Dividend: HLFB.F's dividend payments have been volatile in the past 10 years.
Growing Dividend: HLFB.F's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (24.9%), HLFB.F's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: HLFB.F's dividends in 3 years are forecast to be well covered by earnings (25.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Kong Khoon Tan (62yo)
Mr. Kong Khoon Tan has been Chairman of the Board of Hong Leong Bank (Cambodia) Plc since February 8, 2016 and has been Non-Independent and Non-Executive Director since November 20, 2013. Mr. Tan has been ...
CEO Compensation Analysis
Compensation vs Market: Kong Khoon's total compensation ($USD159.99K) is below average for companies of similar size in the US market ($USD5.53M).
Compensation vs Earnings: Kong Khoon's compensation has been consistent with company performance over the past year.
|Group Chief Financial Officer||13.33yrs||no data||no data|
|Group MD & CEO of Hong Leong Bank Berhad||4.08yrs||no data||no data|
|Group MD & CEO of Hong Leong Investment Bank Berhad||no data||no data||no data|
|Group MD & CEO of Hong Leong Assurance Berhad||no data||no data||no data|
|Company Secretary||1yr||no data||no data|
Experienced Management: HLFB.F's management team is considered experienced (4.1 years average tenure).
|Non-Executive Independent Director||8.58yrs||RM174.00k||no data|
|Non-Executive Independent Director||8.58yrs||RM167.00k||no data|
|Independent Non-Executive Director||1yr||no data||no data|
|Independent & Non Executive Director||0.33yr||no data||no data|
|Independent Non Executive Director||0.83yr||RM16.00k||no data|
Experienced Board: HLFB.F's board of directors are considered experienced (4.1 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.
Hong Leong Financial Group Berhad's company bio, employee growth, exchange listings and data sources
- Name: Hong Leong Financial Group Berhad
- Ticker: HLFB.F
- Exchange: OTCPK
- Founded: 1968
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: RM15.535b
- Listing Market Cap: RM3.605b
- Shares outstanding: 1.14b
- Website: https://www.hlfg.com.my
- Hong Leong Financial Group Berhad
- Menara Hong Leong
- Level 30
- Kuala Lumpur
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|HLFG||KLSE (Bursa Malaysia)||Yes||Ordinary Shares||MY||MYR||Jan 1992|
|HLFB.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jan 1992|
Hong Leong Financial Group Berhad, an investment holding company, provides various conventional and Islamic financial products and services to consumer, corporate, and institutional customers. The company operates through Commercial Banking, Investment Banking and Asset Management, Insurance, and Other Operations segments. It offers personal financial, business banking, treasury, transaction banking, and wealth management services; investment banking, futures and stock broking, and fund and unit trust management services, as well as private banking services; and trading products and services across treasury, equities, derivatives, and foreign exchange. The company also provides life and general insurance, and takaful services; agent, nominee, and custodian services; and property investment and management services. It operates through a network of approximately 250 branches and 1,100 self-service terminals in Malaysia; and has operations in Singapore, Hong Kong, China, Vietnam, and Cambodia. The company was formerly known as Hong Leong Credit Berhad and changed its name to Hong Leong Financial Group Berhad in July 2006. The company was incorporated in 1968 and is headquartered in Kuala Lumpur, Malaysia. Hong Leong Financial Group Berhad is a subsidiary of Hong Leong Company (Malaysia) Berhad.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/01 00:25|
|End of Day Share Price||2020/03/24 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.