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Emperor Watch & Jewellery

OTCPK:EPRJ.F
Snowflake Description

Flawless balance sheet average dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
EPRJ.F
OTCPK
HK$2B
Market Cap
  1. Home
  2. US
  3. Retail
Company description

Emperor Watch & Jewellery Limited, an investment holding company, engages in the sale of watches and jewelry products. The last earnings update was 157 days ago. More info.


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EPRJ.F Share Price and Events
7 Day Returns
0%
OTCPK:EPRJ.F
1.5%
US Specialty Retail
0.5%
US Market
1 Year Returns
-28.6%
OTCPK:EPRJ.F
12.5%
US Specialty Retail
2%
US Market
EPRJ.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Emperor Watch & Jewellery (EPRJ.F) 0% 0% - -28.6% - -
US Specialty Retail 1.5% 4.1% -2.9% 12.5% 31.4% 41.3%
US Market 0.5% 6.3% 1.9% 2% 45.1% 40.5%
1 Year Return vs Industry and Market
  • EPRJ.F underperformed the Specialty Retail industry which returned 12.5% over the past year.
  • EPRJ.F underperformed the Market in United States of America which returned 2% over the past year.
Price Volatility
EPRJ.F
Industry
5yr Volatility vs Market

EPRJ.F Value

 Is Emperor Watch & Jewellery undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Emperor Watch & Jewellery to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Emperor Watch & Jewellery.

OTCPK:EPRJ.F Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 9%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OTCPK:EPRJ.F
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 7.3%
Specialty Retail Unlevered Beta Simply Wall St/ S&P Global 0.87
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.867 (1 + (1- 25%) (0%))
0.867
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.87
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (0.867 * 7.27%)
9.04%

Discounted Cash Flow Calculation for OTCPK:EPRJ.F using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Emperor Watch & Jewellery is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.

OTCPK:EPRJ.F DCF 1st Stage: Next 5 year cash flow forecast
2019 2020 2021 2022 2023
Levered FCF (HKD, Millions) 50.96 44.32 38.55 33.53 29.16
Source Est @ -13.03% Est @ -13.03% Est @ -13.03% Est @ -13.03% Est @ -13.03%
Present Value
Discounted (@ 9.04%)
46.73 37.28 29.74 23.72 18.92
Present value of next 5 years cash flows HK$156.39
OTCPK:EPRJ.F DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2023 × (1 + g) ÷ (Discount Rate – g)
= HK$29.16 × (1 + 2.73%) ÷ (9.04% – 2.73%)
HK$475.07
Present Value of Terminal Value = Terminal Value ÷ (1 + r)5
= HK$475.07 ÷ (1 + 9.04%)5
HK$308.26
OTCPK:EPRJ.F Total Equity Value
Calculation Result
Total Equity Value = Present value of next 5 years cash flows + Terminal Value
= HK$156.39 + HK$308.26
HK$464.65
Equity Value per Share
(HKD)
= Total value / Shares Outstanding
= HK$464.65 / 6,779.46
HK$0.01
OTCPK:EPRJ.F Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in OTCPK:EPRJ.F represents 0.10684x of SEHK:887
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.10684x
Value per Share
(Listing Adjusted, USD)
= Value per Share (HKD) x Listing Adjustment Factor
= HK$ 0.07 x 0.10684
$0.01
Value per share (USD) From above. $0.01
Current discount Discount to share price of $0.03
= -1 x ($0.03 - $0.01) / $0.01
-241.4%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Emperor Watch & Jewellery is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Emperor Watch & Jewellery's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Emperor Watch & Jewellery's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:EPRJ.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-06-30) in HKD HK$0.04
SEHK:887 Share Price ** SEHK (2019-01-08) in HKD HK$0.23
United States of America Specialty Retail Industry PE Ratio Median Figure of 65 Publicly-Listed Specialty Retail Companies 16.23x
United States of America Market PE Ratio Median Figure of 3,046 Publicly-Listed Companies 16.95x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Emperor Watch & Jewellery.

OTCPK:EPRJ.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:887 Share Price ÷ EPS (both in HKD)

= 0.23 ÷ 0.04

5.79x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Emperor Watch & Jewellery is good value based on earnings compared to the US Specialty Retail industry average.
  • Emperor Watch & Jewellery is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Emperor Watch & Jewellery's expected growth come at a high price?
Raw Data
OTCPK:EPRJ.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 5.79x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Specialty Retail Industry PEG Ratio Median Figure of 59 Publicly-Listed Specialty Retail Companies 1.78x
United States of America Market PEG Ratio Median Figure of 2,117 Publicly-Listed Companies 1.36x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Emperor Watch & Jewellery, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Emperor Watch & Jewellery's assets?
Raw Data
OTCPK:EPRJ.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-06-30) in HKD HK$0.65
SEHK:887 Share Price * SEHK (2019-01-08) in HKD HK$0.23
United States of America Specialty Retail Industry PB Ratio Median Figure of 100 Publicly-Listed Specialty Retail Companies 1.5x
United States of America Market PB Ratio Median Figure of 5,122 Publicly-Listed Companies 1.81x
OTCPK:EPRJ.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:887 Share Price ÷ Book Value per Share (both in HKD)

= 0.23 ÷ 0.65

0.36x

* Primary Listing of Emperor Watch & Jewellery.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Emperor Watch & Jewellery is good value based on assets compared to the US Specialty Retail industry average.
X
Value checks
We assess Emperor Watch & Jewellery's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Specialty Retail industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Specialty Retail industry average (and greater than 0)? (1 check)
  5. Emperor Watch & Jewellery has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

EPRJ.F Future Performance

 How is Emperor Watch & Jewellery expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Emperor Watch & Jewellery 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
10.7%
Expected Specialty Retail industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Emperor Watch & Jewellery expected to grow at an attractive rate?
  • Unable to compare Emperor Watch & Jewellery's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Emperor Watch & Jewellery's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Emperor Watch & Jewellery's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:EPRJ.F Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Specialty Retail Industry Earnings Growth Rate Market Cap Weighted Average 10.7%
United States of America Specialty Retail Industry Revenue Growth Rate Market Cap Weighted Average 5.1%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.4%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:EPRJ.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (7 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in HKD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:EPRJ.F Future Estimates Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
OTCPK:EPRJ.F Past Financials Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income *
2018-06-30 4,702 158 278
2018-03-31 4,389 236 219
2017-12-31 4,075 313 160
2017-09-30 3,935 375 101
2017-06-30 3,794 438 43
2017-03-31 3,718 498 -11
2016-12-31 3,642 557 -65
2016-09-30 3,664 502 -100
2016-06-30 3,686 447 -135
2016-03-31 4,058 434 -127
2015-12-31 4,431 420 -120
2015-09-30 4,855 347 -70

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Emperor Watch & Jewellery is high growth as no earnings estimate data is available.
  • Unable to determine if Emperor Watch & Jewellery is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:EPRJ.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (7 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Emperor Watch & Jewellery Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:EPRJ.F Future Estimates Data
Date (Data in HKD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
OTCPK:EPRJ.F Past Financials Data
Date (Data in HKD Millions) EPS *
2018-06-30 0.04
2018-03-31 0.03
2017-12-31 0.02
2017-09-30 0.01
2017-06-30 0.01
2017-03-31 -0.00
2016-12-31 -0.01
2016-09-30 -0.01
2016-06-30 -0.02
2016-03-31 -0.02
2015-12-31 -0.02
2015-09-30 -0.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Emperor Watch & Jewellery will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether Emperor Watch & Jewellery is trading at Emperor Watch & Jewellery'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. Emperor Watch & Jewellery's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Retail companies here
  3. While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Emperor Watch & Jewellery's filings and announcements here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Emperor Watch & Jewellery's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Emperor Watch & Jewellery has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

EPRJ.F Past Performance

  How has Emperor Watch & Jewellery performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Emperor Watch & Jewellery's growth in the last year to its industry (Specialty Retail).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Emperor Watch & Jewellery's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • Emperor Watch & Jewellery's 1-year earnings growth exceeds its 5-year average (547% vs -24.7%)
  • Emperor Watch & Jewellery's earnings growth has exceeded the US Specialty Retail industry average in the past year (547% vs 20.8%).
Earnings and Revenue History
Emperor Watch & Jewellery's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Emperor Watch & Jewellery Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:EPRJ.F Past Revenue, Cash Flow and Net Income Data
Date (Data in HKD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-06-30 4,701.88 277.76 969.63
2018-03-31 4,388.50 218.72 946.15
2017-12-31 4,075.12 159.69 922.67
2017-09-30 3,934.67 101.31 927.70
2017-06-30 3,794.21 42.93 932.73
2017-03-31 3,718.03 -10.95 950.47
2016-12-31 3,641.85 -64.82 968.21
2016-09-30 3,663.97 -99.71 1,015.88
2016-06-30 3,686.10 -134.59 1,063.56
2016-03-31 4,058.47 -127.34 1,144.49
2015-12-31 4,430.85 -120.08 1,225.41
2015-09-30 4,854.71 -70.36 1,276.32
2015-06-30 5,278.57 -20.63 1,327.23
2015-03-31 5,601.76 58.76 1,327.50
2014-12-31 5,924.95 138.14 1,327.78
2014-09-30 6,160.78 188.23 1,309.85
2014-06-30 6,396.62 238.31 1,291.93
2014-03-31 6,510.49 264.32 1,272.85
2013-12-31 6,624.37 290.32 1,253.77
2013-09-30 6,642.94 315.89 1,246.60
2013-06-30 6,661.51 341.46 1,239.43
2013-03-31 6,596.49 372.90 1,220.84
2012-12-31 6,531.47 404.33 1,202.25
2012-09-30 6,464.21 497.84 1,136.70
2012-06-30 6,396.95 591.34 1,071.15
2012-03-31 6,129.67 609.21 1,000.09

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Emperor Watch & Jewellery has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Emperor Watch & Jewellery used its assets less efficiently than the US Specialty Retail industry average last year based on Return on Assets.
  • Emperor Watch & Jewellery has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess Emperor Watch & Jewellery's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Specialty Retail industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Emperor Watch & Jewellery has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

EPRJ.F Health

 How is Emperor Watch & Jewellery's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Emperor Watch & Jewellery's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Emperor Watch & Jewellery is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Emperor Watch & Jewellery's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Emperor Watch & Jewellery's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Emperor Watch & Jewellery has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Emperor Watch & Jewellery Company Filings, last reported 7 months ago.

OTCPK:EPRJ.F Past Debt and Equity Data
Date (Data in HKD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-06-30 4,440.36 0.00 1,430.19
2018-03-31 4,440.36 0.00 1,430.19
2017-12-31 4,366.69 0.00 1,613.08
2017-09-30 4,366.69 0.00 1,613.08
2017-06-30 4,230.21 0.00 1,425.65
2017-03-31 4,230.21 0.00 1,425.65
2016-12-31 4,174.11 0.00 1,324.42
2016-09-30 4,174.11 0.00 1,324.42
2016-06-30 4,205.46 0.00 1,022.50
2016-03-31 4,205.46 0.00 1,022.50
2015-12-31 4,275.20 0.00 809.52
2015-09-30 4,275.20 0.00 809.52
2015-06-30 4,389.03 0.00 605.78
2015-03-31 4,389.03 0.00 605.78
2014-12-31 4,457.81 0.00 443.81
2014-09-30 4,457.81 0.00 443.81
2014-06-30 4,456.67 0.00 443.14
2014-03-31 4,456.67 0.00 443.14
2013-12-31 4,407.41 0.00 657.10
2013-09-30 4,407.41 0.00 657.10
2013-06-30 4,313.46 0.00 618.14
2013-03-31 4,313.46 0.00 618.14
2012-12-31 4,100.67 0.95 454.77
2012-09-30 4,100.67 0.95 454.77
2012-06-30 3,970.25 184.82 180.91
2012-03-31 3,970.25 184.82 180.91
  • Emperor Watch & Jewellery has no debt.
  • Emperor Watch & Jewellery had no debt 5 years ago.
  • Emperor Watch & Jewellery has no debt, it does not need to be covered by operating cash flow.
  • Emperor Watch & Jewellery has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Emperor Watch & Jewellery's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Emperor Watch & Jewellery has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

EPRJ.F Dividends

 What is Emperor Watch & Jewellery's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
5.98%
Current annual income from Emperor Watch & Jewellery dividends.
If you bought $2,000 of Emperor Watch & Jewellery shares you are expected to receive $120 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Emperor Watch & Jewellery's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.43%).
  • Emperor Watch & Jewellery's dividend is above the markets top 25% of dividend payers in United States of America (3.62%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:EPRJ.F Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Specialty Retail Industry Average Dividend Yield Market Cap Weighted Average of 39 Stocks 2%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1997 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:EPRJ.F Future Dividends Estimate Data
Date (Data in HK$) Dividend per Share (annual) Avg. No. Analysts
OTCPK:EPRJ.F Past Annualized Dividends Data
Date (Data in HK$) Dividend per share (annual) Avg. Yield (%)
2018-09-10 0.014 5.208
2018-08-28 0.014 4.777
2018-03-14 0.012 2.539
2017-08-22 0.003 0.902
2016-09-14 0.000 0.000
2016-08-30 0.000 0.000
2016-04-15 0.000 0.000
2016-03-31 0.000 0.000
2015-09-10 0.000 0.000
2015-08-27 0.000 0.000
2015-04-15 0.004 1.275
2015-03-30 0.004 1.513
2014-09-10 0.008 2.390
2014-08-27 0.008 1.732
2014-04-02 0.012 2.175
2014-03-19 0.012 1.964
2013-09-09 0.014 2.247
2013-08-28 0.014 2.253
2013-04-02 0.018 2.618
2013-03-18 0.018 2.250
2012-03-19 0.028 3.243
2011-03-22 0.018 1.507
2010-03-24 0.017 2.307
2009-08-31 0.007 1.785
2009-04-14 0.006 2.289

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Emperor Watch & Jewellery's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.2x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Emperor Watch & Jewellery's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Emperor Watch & Jewellery afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Emperor Watch & Jewellery has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

EPRJ.F Management

 What is the CEO of Emperor Watch & Jewellery's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Cindy Yeung
COMPENSATION HK$3,596,000
AGE 54
CEO Bio

Ms. Cindy Yeung serves as the Managing Director and Chief Executive Officer of Emperor Watch & Jewellery Ltd. Ms. Yeung is responsible for Emperor Watch & Jewellery's strategic planning, business growth and development and overseeing different operations. She has over 18 years of experience in the watch and jewellery industry and is gemologist accredited by GIA. She served in sales department of Anju Jewelry Ltd. Ms. Yeung obtained the qualification of Graduate Gemologist of GIA in December 1988. She has been the Chairperson of Emperor Watch & Jewellery since March 19, 2012. She has been an Executive Director of Emperor Watch & Jewellery since April 1999. She also graduated in the University of San Francisco in May 1989 with a Bachelor's Degree of Science in Business Administration majoring in Management, with emphasis in International Business.

CEO Compensation
  • Cindy's compensation has been consistent with company performance over the past year.
  • Cindy's remuneration is lower than average for companies of similar size in United States of America.
Management Team

Cindy Yeung

TITLE
Chairperson
COMPENSATION
HK$4M
AGE
54

Vanessa Fan

TITLE
Executive Director
COMPENSATION
HK$150K
AGE
55

Bryan Wong

TITLE
Executive Director
COMPENSATION
HK$150K
AGE
62

Farina Chung

TITLE
Company Secretary
TENURE
7.7 yrs
Board of Directors Tenure

Average tenure and age of the Emperor Watch & Jewellery board of directors in years:

4.8
Average Tenure
55
Average Age
  • The tenure for the Emperor Watch & Jewellery board of directors is about average.
Board of Directors

Cindy Yeung

TITLE
Chairperson
COMPENSATION
HK$4M
AGE
54
TENURE
6.9 yrs

Vanessa Fan

TITLE
Executive Director
COMPENSATION
HK$150K
AGE
55
TENURE
10.9 yrs

Bryan Wong

TITLE
Executive Director
COMPENSATION
HK$150K
AGE
62
TENURE
10.9 yrs

Irene Chan

TITLE
Independent Non-Executive Director
COMPENSATION
HK$200K
AGE
55
TENURE
2.8 yrs

Hing Liu

TITLE
Independent Non-Executive Director
COMPENSATION
HK$122K
AGE
55
TENURE
1.8 yrs

Yvonne Chan

TITLE
Independent Non-Executive Director
COMPENSATION
HK$122K
AGE
53
TENURE
1.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
21. Jan 19 Buy The Albert Yeung Discretionary Trust Company 17. Jan 19 17. Jan 19 5,500,000 $0.03 $157,916
18. Jan 19 Buy The Albert Yeung Discretionary Trust Company 15. Jan 19 15. Jan 19 6,700,000 $0.03 $194,608
18. Jan 19 Buy The Albert Yeung Discretionary Trust Company 16. Jan 19 16. Jan 19 6,000,000 $0.03 $172,572
16. Jan 19 Buy The Albert Yeung Discretionary Trust Company 11. Jan 19 11. Jan 19 2,500,000 $0.03 $74,558
16. Jan 19 Buy The Albert Yeung Discretionary Trust Company 14. Jan 19 14. Jan 19 3,500,000 $0.03 $102,998
11. Jan 19 Buy The Albert Yeung Discretionary Trust Company 10. Jan 19 10. Jan 19 2,500,000 $0.03 $75,783
10. Jan 19 Buy The Albert Yeung Discretionary Trust Company 09. Jan 19 09. Jan 19 3,500,000 $0.03 $104,528
10. Jan 19 Buy The Albert Yeung Discretionary Trust Company 08. Jan 19 08. Jan 19 4,000,000 $0.03 $116,656
08. Jan 19 Buy The Albert Yeung Discretionary Trust Company 07. Jan 19 07. Jan 19 3,000,000 $0.03 $85,779
08. Jan 19 Buy The Albert Yeung Discretionary Trust Company 04. Jan 19 04. Jan 19 4,000,000 $0.03 $113,708
02. Jan 19 Buy The Albert Yeung Discretionary Trust Company 27. Dec 18 27. Dec 18 3,000,000 $0.03 $88,884
07. Jan 19 Buy The Albert Yeung Discretionary Trust Company 03. Jan 19 03. Jan 19 13,500,000 $0.03 $380,120
28. Dec 18 Buy The Albert Yeung Discretionary Trust Company 21. Dec 18 21. Dec 18 4,000,000 $0.03 $119,100
28. Dec 18 Buy The Albert Yeung Discretionary Trust Company 24. Dec 18 24. Dec 18 2,000,000 $0.03 $59,488
03. Jan 19 Buy The Albert Yeung Discretionary Trust Company 02. Jan 19 02. Jan 19 2,000,000 $0.03 $58,212
02. Jan 19 Buy The Albert Yeung Discretionary Trust Company 31. Dec 18 31. Dec 18 4,500,000 $0.03 $132,620
02. Jan 19 Sell The Albert Yeung Discretionary Trust Company 28. Dec 18 28. Dec 18 -3,000,000 $0.03 $-88,494
24. Dec 18 Buy The Albert Yeung Discretionary Trust Company 20. Dec 18 20. Dec 18 15,000,000 $0.03 $463,845
21. Dec 18 Buy The Albert Yeung Discretionary Trust Company 19. Dec 18 19. Dec 18 65,000,000 $0.03 $2,080,780
19. Dec 18 Buy The Albert Yeung Discretionary Trust Company 18. Dec 18 18. Dec 18 49,500,000 $0.03 $1,645,281
19. Dec 18 Buy The Albert Yeung Discretionary Trust Company 14. Dec 18 14. Dec 18 33,500,000 $0.03 $1,108,750
19. Dec 18 Buy The Albert Yeung Discretionary Trust Company 17. Dec 18 17. Dec 18 38,000,000 $0.03 $1,268,060
17. Dec 18 Buy The Albert Yeung Discretionary Trust Company 13. Dec 18 13. Dec 18 41,230,000 $0.03 $1,331,482
17. Dec 18 Buy The Albert Yeung Discretionary Trust Company 12. Dec 18 12. Dec 18 41,000,000 $0.03 $1,349,966
14. Dec 18 Buy The Albert Yeung Discretionary Trust Company 11. Dec 18 11. Dec 18 46,300,000 $0.03 $1,518,409
13. Dec 18 Buy The Albert Yeung Discretionary Trust Company 10. Dec 18 10. Dec 18 23,500,000 $0.03 $760,554
12. Dec 18 Buy The Albert Yeung Discretionary Trust Company 07. Dec 18 07. Dec 18 33,000,000 $0.03 $1,067,649
06. Nov 18 Sell Brandes Investment Partners, L.P. Company 02. Nov 18 02. Nov 18 -7,500,000 $0.04 $-306,848
04. Jun 18 Sell Brandes Investment Partners, L.P. Company 01. Jun 18 01. Jun 18 -14,630,000 $0.07 $-951,052
10. May 18 Sell Brandes Investment Partners, L.P. Company 08. May 18 08. May 18 -15,030,000 $0.07 $-1,062,290
21. Mar 18 Sell Brandes Investment Partners, L.P. Company 20. Mar 18 20. Mar 18 -15,910 $0.06 $-974
X
Management checks
We assess Emperor Watch & Jewellery's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Emperor Watch & Jewellery has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

EPRJ.F News

Simply Wall St News

EPRJ.F Company Info

Map
Description

Emperor Watch & Jewellery Limited, an investment holding company, engages in the sale of watches and jewelry products. The company is primarily involved in retailing European-made watches and self-designed fine jewelry products under the Emperor Jewellery brand name. As of December 31, 2017, it had 80 retail stores, including jewelry shops, multi-brand watch shops, and specialty watch outlets for specific watch brands in Hong Kong, Macau, Mainland China, and Singapore. The company was founded in 1942 and is based in Wanchai, Hong Kong. Emperor Watch & Jewellery Limited is a subsidiary of Emperor Watch & Jewellery Group Holdings Limited.

Details
Name: Emperor Watch & Jewellery Limited
EPRJ.F
Exchange: OTCPK
Founded: 1942
HK$202,126,929
6,779,458,129
Website: http://www.emperorwatchjewellery.com
Address: Emperor Watch & Jewellery Limited
Emperor Group Centre,
25th Floor,
Wanchai,
Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 887 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 21. Jul 2008
OTCPK EPRJ.F Ordinary Shares Pink Sheets LLC US USD 21. Jul 2008
DB EPU Ordinary Shares Deutsche Boerse AG DE EUR 21. Jul 2008
Number of employees
Current staff
Staff numbers
1,039
Emperor Watch & Jewellery employees.
Industry
Apparel Retail
Retail
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/02/14 00:47
End of day share price update: 2019/01/08 00:00
Last estimates confirmation: 2018/03/14
Last earnings filing: 2018/09/10
Last earnings reported: 2018/06/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.