Swire Properties (1972) Stock Overview
Develops, owns, and operates mixed-use, primarily commercial properties in Hong Kong, Mainland China, and the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 3/6 |
1972 Community Fair Values
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Analyst Price Targets
Swire Properties Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$21.54 |
| 52 Week High | HK$27.18 |
| 52 Week Low | HK$18.04 |
| Beta | 0.79 |
| 1 Month Change | -14.86% |
| 3 Month Change | -15.00% |
| 1 Year Change | 16.06% |
| 3 Year Change | 8.13% |
| 5 Year Change | -9.31% |
| Change since IPO | 24.80% |
Recent News & Updates
Narrative Update • May 25
1972: Upcoming HK$0.80 Dividend Will Support Higher Future Earnings Multiple
Analysts have made a small upward adjustment to the HK$ fair value estimate for Swire Properties to about HK$29.02 from about HK$28.71, reflecting updated assumptions for the discount rate, revenue growth, profit margin and future P/E. What's in the News Shareholders approved and adopted new Articles of Association at the Annual General Meeting held on 12 May 2026, formalising previously proposed changes to the company bylaws (Key Developments).Narrative Update • Apr 21
1972: Upcoming HK$0.80 Dividend Will Support Higher Future P/E
Analysts have made a small upward adjustment to their fair value estimate for Swire Properties, with the target moving from about HK$28.54 to roughly HK$28.71. This reflects updated assumptions on the discount rate, long term revenue growth, profit margin and future P/E.Narrative Update • Apr 06
1972: Upcoming HK$0.80 Dividend Will Support Attractive Future P/E
Analysts have made a small downward adjustment to the Swire Properties price target to HK$28.54 from HK$28.62, citing fine tuning of fair value, discount rate, revenue growth, profit margin, and forward P/E assumptions. What's in the News Swire Properties declared a second interim dividend of HK$0.80 per share for the year ended 31 December 2025, giving investors visibility on the upcoming cash distribution (Key Developments).Narrative Update • Mar 23
1972: Higher Future P/E And Cash Dividends Will Support Balanced Outlook
Analysts have raised their price target on Swire Properties from HK$26.96 to HK$28.62, reflecting updated assumptions regarding revenue, profit margins and a higher future P/E multiple. What's in the News Swire Properties declared a second interim dividend of HK$0.8 per share for the year ended 31 December 2025, indicating continued cash returns to shareholders (Key Developments).Recent updates
Narrative Update • May 25
1972: Upcoming HK$0.80 Dividend Will Support Higher Future Earnings Multiple
Analysts have made a small upward adjustment to the HK$ fair value estimate for Swire Properties to about HK$29.02 from about HK$28.71, reflecting updated assumptions for the discount rate, revenue growth, profit margin and future P/E. What's in the News Shareholders approved and adopted new Articles of Association at the Annual General Meeting held on 12 May 2026, formalising previously proposed changes to the company bylaws (Key Developments).Narrative Update • Apr 21
1972: Upcoming HK$0.80 Dividend Will Support Higher Future P/E
Analysts have made a small upward adjustment to their fair value estimate for Swire Properties, with the target moving from about HK$28.54 to roughly HK$28.71. This reflects updated assumptions on the discount rate, long term revenue growth, profit margin and future P/E.Narrative Update • Apr 06
1972: Upcoming HK$0.80 Dividend Will Support Attractive Future P/E
Analysts have made a small downward adjustment to the Swire Properties price target to HK$28.54 from HK$28.62, citing fine tuning of fair value, discount rate, revenue growth, profit margin, and forward P/E assumptions. What's in the News Swire Properties declared a second interim dividend of HK$0.80 per share for the year ended 31 December 2025, giving investors visibility on the upcoming cash distribution (Key Developments).Narrative Update • Mar 23
1972: Higher Future P/E And Cash Dividends Will Support Balanced Outlook
Analysts have raised their price target on Swire Properties from HK$26.96 to HK$28.62, reflecting updated assumptions regarding revenue, profit margins and a higher future P/E multiple. What's in the News Swire Properties declared a second interim dividend of HK$0.8 per share for the year ended 31 December 2025, indicating continued cash returns to shareholders (Key Developments).Narrative Update • Mar 08
1972: Higher Margins And Steady Earnings Multiple Will Support Balanced Outlook
Analysts have nudged their fair value estimate for Swire Properties up from HK$26.10 to about HK$26.96. They point to updated assumptions around discount rates, revenue growth, profit margins and future P/E as key drivers behind the revised price target.Narrative Update • Feb 22
1972: Lower Discount Rate And Dividend Plans Will Support Steady Outlook
Analysts have nudged their price target on Swire Properties up to HK$26.10 from HK$24.86, reflecting updated assumptions around discount rates, profit margins and future P/E multiples. What's in the News Board meeting scheduled for March 12, 2026 to review and announce annual results for the year ending December 31, 2025 (company event filing) Board expected to consider a second interim dividend for 2025, intended to serve in place of a final dividend for the year (company event filing) Investors may watch the March 12, 2026 meeting for clarity on 2025 results and the company’s dividend approach for the year (company event filing) Valuation Changes Fair Value: HK$24.86 has been updated to HK$26.10, suggesting a modest uplift in the assessed valuation per share.Narrative Update • Feb 08
1972: Lower Discount Rate And Dividend Plans Will Shape Stable Outlook
Analysts have inched up their price target for Swire Properties from HK$24.64 to about HK$24.86, citing small tweaks in fair value estimates, discount rate assumptions, and expected profit margins and future P/E as the main drivers of the change. What's in the News A board meeting is scheduled for March 12, 2026, to consider announcing annual results for the year ending December 31, 2025 (Key Developments).Narrative Update • Jan 25
1972: Lower Discount Rate And Dividend Plans Will Shape Balanced Outlook
Analysts have nudged their price target for Swire Properties to $24.64 from $24.22, citing updated assumptions that keep revenue growth, profit margin and forward P/E expectations broadly in line with prior views while incorporating a slightly lower discount rate. What's in the News Board meeting scheduled for March 12, 2026, to consider the annual results for the year ending December 31, 2025 (Key Developments) Directors will also consider the payment of a second interim dividend in lieu of a final dividend for 2025 at the same meeting (Key Developments) Valuation Changes Fair Value: The analyst fair value estimate has moved from HK$24.22 to HK$24.64, a small upward adjustment.Narrative Update • Jan 10
1972: Higher Required Returns And Dividend Plans Will Support Attractive Upside
Analysts nudged their fair value estimate for Swire Properties to $24.22 from $23.93, citing slightly updated assumptions around the discount rate, profit margin profile, and future P/E expectations. What's in the News Board meeting scheduled for March 12, 2026, to consider announcing Swire Properties' annual results for the year ending December 31, 2025 (Key Developments).Narrative Update • Dec 21
1972: Lower Risk And Stronger Earnings Outlook Will Drive Attractive Returns
Analysts have nudged their fair value estimate for Swire Properties higher to approximately HKD 23.93 from HKD 23.73, citing slightly lower perceived risk and marginally stronger long term earnings potential. What's in the News Board meeting scheduled for March 12, 2026, to approve and announce annual results for the year ending December 31, 2025 (company announcement) Directors will also consider declaring a second interim dividend for 2025 in lieu of a final dividend at the March 12, 2026, meeting (company announcement) Valuation Changes The fair value estimate has risen slightly to HK$23.93 from HK$23.73 per share.Narrative Update • Dec 07
1972: Higher Future Earnings Multiple Will Support Positive Return Outlook
Analysts have modestly increased their price target for Swire Properties to HK$23.73, reflecting slightly higher discount rate and future P E assumptions, offset by a small downward revision to forecast profit margins. What's in the News The board has scheduled a meeting for March 12, 2026, to approve and announce annual results for the year ending December 31, 2025 (company announcement).Narrative Update • Nov 23
1972: Projected Margins And Revenue Trends Will Support Balanced Outlook
Analysts have raised their fair value estimate for Swire Properties from $23.45 to $23.73. This change is due to slight improvements in projected revenue growth and profit margins.Analysis Article • Oct 09
Is Swire Properties (HKG:1972) Using Too Much Debt?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Narrative Update • Sep 28
Mixed-use Projects In China And Hong Kong Will Transform Cities
Swire Properties’ key valuation metrics, including Future P/E and Discount Rate, remained effectively unchanged, resulting in only a marginal increase in the consensus Analyst Price Target from HK$23.06 to HK$23.45. What's in the News CFO Fanny Lung intends to retire in May 2026; Roy George Shearer, currently Group Director of Finance at HAECO, will succeed her.Narrative Update • Sep 06
Mixed-use Projects In China And Hong Kong Will Transform Cities
With both the discount rate and future P/E multiple for Swire Properties essentially unchanged, analysts have left their consensus price target steady at HK$23.06. What's in the News Ms. Lung Ngan Yee (Fanny) will retire as CFO in May 2026 and be succeeded by Roy George Shearer, current Group Director of Finance at HAECO.Analysis Article • Aug 10
Swire Properties (HKG:1972) Is Due To Pay A Dividend Of HK$0.35
The board of Swire Properties Limited ( HKG:1972 ) has announced that it will pay a dividend of HK$0.35 per share on...Analysis Article • Aug 05
Estimating The Fair Value Of Swire Properties Limited (HKG:1972)
SEHK:1972 1 Year Share Price vs Fair Value Explore Swire Properties's Fair Values from the Community and select yours...
New Narrative • Mar 16
Chinese Mainland Expansion And Luxury Partnerships Will Drive Future Performance
Strategic investment in the Chinese mainland and capital recycling efforts aim to drive significant revenue growth through high-growth markets and profitable capital reallocation.Shareholder Returns
| 1972 | HK Real Estate | HK Market | |
|---|---|---|---|
| 7D | -3.1% | -0.5% | 0.8% |
| 1Y | 16.1% | 19.0% | 8.2% |
Return vs Industry: 1972 underperformed the Hong Kong Real Estate industry which returned 19% over the past year.
Return vs Market: 1972 exceeded the Hong Kong Market which returned 8.2% over the past year.
Price Volatility
| 1972 volatility | |
|---|---|
| 1972 Average Weekly Movement | 4.1% |
| Real Estate Industry Average Movement | 6.0% |
| Market Average Movement | 7.4% |
| 10% most volatile stocks in HK Market | 15.7% |
| 10% least volatile stocks in HK Market | 3.5% |
Stable Share Price: 1972 has not had significant price volatility in the past 3 months compared to the Hong Kong market.
Volatility Over Time: 1972's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1972 | 5,800 | Tim Blackburn | www.swireproperties.com |
Swire Properties Limited, together with its subsidiaries, develops, owns, and operates mixed-use, primarily commercial properties in Hong Kong, Mainland China, and the United States. The company operates through Property Investment, Property Trading, and Hotels segments. It engages in the development, leasing, and management of commercial, retail, and residential properties; development and sale of residential apartments; and investment in and operation of hotels.
Swire Properties Limited Fundamentals Summary
| 1972 fundamental statistics | |
|---|---|
| Market cap | HK$124.02b |
| Earnings (TTM) | -HK$1.53b |
| Revenue (TTM) | HK$16.60b |
7.5x
P/S Ratio-80.9x
P/E RatioIs 1972 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 1972 income statement (TTM) | |
|---|---|
| Revenue | HK$16.60b |
| Cost of Revenue | HK$5.38b |
| Gross Profit | HK$11.21b |
| Other Expenses | HK$12.75b |
| Earnings | -HK$1.53b |
Last Reported Earnings
Dec 31, 2025
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.27 |
| Gross Margin | 67.56% |
| Net Profit Margin | -9.24% |
| Debt/Equity Ratio | 19.8% |
How did 1972 perform over the long term?
See historical performance and comparisonDividends
5.3%
Current Dividend Yield-433%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/05 01:58 |
| End of Day Share Price | 2026/06/05 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
Analysis Model and Snowflake
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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 Github.
Analyst Sources
Swire Properties Limited is covered by 31 analysts. 13 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 |
|---|---|
| Kwok Yi Louie | Barclays |
| Karl Choi | BofA Global Research |
| Yiyu Wang | China International Capital Corporation Limited |