How does CNGK.Y's PE Ratio compare to its peers?

CNGK.Y is good value based on its Price-To-Earnings Ratio (7x) compared to the peer average (20.5x).

How does CNGK.Y's PE Ratio compare vs other companies in the US Real Estate Industry?

CNGK.Y is good value based on its Price-To-Earnings Ratio (7x) compared to the US Real Estate industry average (27.4x).

What is CNGK.Y's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CNGK.Y is good value based on its Price-To-Earnings Ratio (7x) compared to the estimated Fair Price-To-Earnings Ratio (23x).

What is the Fair Price of CNGK.Y when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

CNGK.Y ($7.97) is trading below our estimate of [[fair value]] ($8.42)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

CNGK.Y Stock Overview

Operates as a property developer in Hong Kong, the Mainland, Singapore, the United Kingdom, continental Europe, Australia, and Canada. More details

CNGK.Y fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	1/6
Past Performance	0/6
Financial Health	5/6
Dividends	3/6

Rewards

Trading at 5.4% below our estimate of its fair value

Revenue is forecast to grow 15.75% per year

Trading at good value compared to peers and industry

Risk Analysis

Large one-off items impacting financial results

Dividend of 6.43% is not well covered by free cash flows

My Notes

Capture your thoughts, links and company narrative

CK Asset Holdings Limited Competitors

Forestar Group

NYSE:FOR

US$1.3b

Jones Lang LaSalle

NYSE:JLL

US$12.0b

KE Holdings

NYSE:BEKE

US$22.2b

AMREP

NYSE:AXR

US$165.0m

Price History & Performance

Summary of share price highs, lows and changes for CK Asset Holdings
Historical stock prices
Current Share Price	HK$7.97
52 Week High	HK$10.11
52 Week Low	HK$6.79
Beta	0.63
1 Month Change	-1.12%
3 Month Change	-12.66%
1 Year Change	-21.17%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-33.58%

Recent updates

Shareholder Returns

	CNGK.Y	US Real Estate	US Market
7D	-2.7%	-2.7%	-2.8%
1Y	-21.2%	10.8%	24.1%

Return vs Industry: CNGK.Y underperformed the US Real Estate industry which returned 12.2% over the past year.

Return vs Market: CNGK.Y underperformed the US Market which returned 24.5% over the past year.

Price Volatility

Is CNGK.Y's price volatile compared to industry and market?
CNGK.Y volatility
CNGK.Y Average Weekly Movement	9.1%
Real Estate Industry Average Movement	7.6%
Market Average Movement	6.3%
10% most volatile stocks in US Market	18.0%
10% least volatile stocks in US Market	3.1%

Stable Share Price: CNGK.Y has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: CNGK.Y's weekly volatility (9%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2015	58,000	Victor Li	www.ckah.com

CK Asset Holdings Limited operates as a property developer in Hong Kong, the Mainland, Singapore, the United Kingdom, continental Europe, Australia, and Canada. The company is involved in the leasing of office, industrial, retail, residential, and other properties; property investment and development activities; and pub, and hotel and serviced suite operation businesses. It also provides property and project management, finance, and property agency services, as well as invests in infrastructure and utility asset operation.

CK Asset Holdings Limited Fundamentals Summary

How do CK Asset Holdings's earnings and revenue compare to its market cap?
CNGK.Y fundamental statistics
Market cap	US$14.06b
Earnings (TTM)	US$2.01b
Revenue (TTM)	US$5.74b

7.0x

P/E Ratio

2.4x

P/S Ratio

Is CNGK.Y overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CNGK.Y income statement (TTM)
Revenue	HK$44.65b
Cost of Revenue	HK$20.58b
Gross Profit	HK$24.07b
Other Expenses	HK$8.46b
Earnings	HK$15.61b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	4.46
Gross Margin	53.92%
Net Profit Margin	34.97%
Debt/Equity Ratio	14.0%

How did CNGK.Y perform over the long term?

See historical performance and comparison

Dividends

6.4%

Current Dividend Yield

46%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/02 14:52
End of Day Share Price	2025/01/02 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

CK Asset Holdings Limited is covered by 31 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
C Wong	BNP Paribas Securities (Asia)
Karl Choi	BofA Global Research
Siu-Fung Lung	CCB International Securities Limited