Henderson Investment Limited, an investment holding company, engages in the operation of department stores in Hong Kong. More Details
Undervalued with adequate balance sheet.
Share Price & News
How has Henderson Investment's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HDVT.Y's share price has been volatile over the past 3 months.
7 Day Return
US Multiline Retail
1 Year Return
US Multiline Retail
Return vs Industry: HDVT.Y underperformed the US Multiline Retail industry which returned 19.5% over the past year.
Return vs Market: HDVT.Y underperformed the US Market which returned 12% over the past year.
Price Volatility Vs. Market
How volatile is Henderson Investment's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Henderson Investment 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: HDVT.Y ($0.25) is trading below our estimate of fair value ($2.91)
Significantly Below Fair Value: HDVT.Y is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HDVT.Y is good value based on its PE Ratio (10.4x) compared to the US Multiline Retail industry average (22.8x).
PE vs Market: HDVT.Y is good value based on its PE Ratio (10.4x) compared to the US market (18.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate HDVT.Y's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: HDVT.Y is good value based on its PB Ratio (0.7x) compared to the US Multiline Retail industry average (3.2x).
How is Henderson Investment forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Retail 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 Henderson Investment 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.
- Examine whether Henderson Investment is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on theOTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Henderson Investment's filings and announcementshere.
- Explore growth companies in the Retail industry.
How has Henderson Investment performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HDVT.Y has high quality earnings.
Growing Profit Margin: HDVT.Y's current net profit margins (5.4%) are higher than last year (3.7%).
Past Earnings Growth Analysis
Earnings Trend: HDVT.Y's earnings have declined by 2.6% per year over the past 5 years.
Accelerating Growth: HDVT.Y's earnings growth over the past year (27.2%) exceeds its 5-year average (-2.6% per year).
Earnings vs Industry: HDVT.Y earnings growth over the past year (27.2%) underperformed the Multiline Retail industry 43.6%.
Return on Equity
High ROE: HDVT.Y's Return on Equity (6.9%) is considered low.
How is Henderson Investment's financial position?
Financial Position Analysis
Short Term Liabilities: HDVT.Y's short term assets (HK$525.0M) do not cover its short term liabilities (HK$631.0M).
Long Term Liabilities: HDVT.Y's short term assets (HK$525.0M) do not cover its long term liabilities (HK$549.0M).
Debt to Equity History and Analysis
Debt Level: HDVT.Y is debt free.
Reducing Debt: HDVT.Y had no debt 5 years ago.
Debt Coverage: HDVT.Y has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: HDVT.Y has no debt, therefore coverage of interest payments is not a concern.
What is Henderson Investment current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HDVT.Y's dividend (6.56%) is higher than the bottom 25% of dividend payers in the US market (1.69%).
High Dividend: HDVT.Y's dividend (6.56%) is in the top 25% of dividend payers in the US market (4.78%)
Stability and Growth of Payments
Stable Dividend: HDVT.Y's dividend payments have been volatile in the past 10 years.
Growing Dividend: HDVT.Y's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (68.5%), HDVT.Y's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Martin Lee (48 yo)
Mr. Ka-Shing Lee, also known as Martin, has been a Joint Chairmen of The Hong Kong and China Gas Company Limited since May 28, 2019. He has been Chairman and Managing Director of Henderson Land Development ...
|Chairman & MD||5.25yrs||HK$50.00k||no data|
|Vice Chairman||27.75yrs||HK$50.00k||no data|
|Vice Chairman||27.75yrs||HK$50.00k||no data|
|Executive Director||5.83yrs||HK$50.00k||no data|
|Independent Non-Executive Director||16yrs||HK$250.00k||no data|
|Independent Non-Executive Director||16.17yrs||HK$250.00k||no data|
|Independent Non-Executive Director||15.75yrs||HK$250.00k||no data|
|Independent Non-Executive Director||5.25yrs||HK$250.00k||no data|
Experienced Board: HDVT.Y's board of directors are seasoned and experienced ( 15.9 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.
Henderson Investment Limited's company bio, employee growth, exchange listings and data sources
- Name: Henderson Investment Limited
- Ticker: HDVT.Y
- Exchange: OTCPK
- Industry: Department Stores
- Sector: Retail
- Market Cap: HK$929.435m
- Listing Market Cap: HK$119.852m
- Shares outstanding: 3.05b
- Website: https://www.hilhk.com
Number of Employees
- Henderson Investment Limited
- Two International Finance Centre
- 72-76 Floors
- Hong Kong
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|97||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Jan 1992|
|HDVT.Y||OTCPK (Pink Sheets LLC)||SPONSORED ADR||US||USD||Jul 1995|
Henderson Investment Limited, an investment holding company, engages in the operation of department stores in Hong Kong. It operates six department stores under the Citistore name; and two general merchand ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/31 00:09|
|End of Day Share Price||2020/10/21 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.