When Should You Buy NagaCorp Ltd. (HKG:3918)?
May 25
Hong Kong (HSI) Casinos and Gaming Industry Analysis
UpdatedMay 30, 2024
DataAggregated Company Financials
Companies14
- 7D-4.0%
- 3M-3.8%
- 1Y-18.2%
- YTDn/a
Over the last 7 days, the Casinos and Gaming industry has dropped 1.6%, driven by Sands China declining 6.7%. On the other hand China Ecotourism Group is actually up 32%. Overall the industry is down 20% in 12 months. Looking forward, earnings are forecast to grow by 26% annually.
Industry Valuation and Performance
Has the Hong Kong Casinos and Gaming Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 30 May 2024 | HK$229.9b | HK$102.1b | HK$5.0b | 14.2x | 46x | 2.3x |
| Sat, 27 Apr 2024 | HK$212.8b | HK$101.9b | HK$5.0b | 14.2x | 42.9x | 2.1x |
| Mon, 25 Mar 2024 | HK$221.4b | HK$89.4b | HK$2.7b | 12.1x | 81.8x | 2.5x |
| Wed, 21 Feb 2024 | HK$243.8b | HK$64.9b | -HK$8,161,188,674.08 | 8.3x | -29.9x | 3.8x |
| Fri, 19 Jan 2024 | HK$215.8b | HK$64.7b | -HK$8,470,051,075.00 | 7.2x | -25.5x | 3.3x |
| Sun, 17 Dec 2023 | HK$229.9b | HK$65.0b | -HK$8,459,696,642.00 | 7.9x | -27.2x | 3.5x |
| Tue, 14 Nov 2023 | HK$230.1b | HK$63.6b | -HK$8,660,868,984.00 | 13.5x | -26.6x | 3.6x |
| Thu, 12 Oct 2023 | HK$254.3b | HK$63.8b | -HK$8,652,454,012.00 | 14.3x | -29.4x | 4x |
| Sat, 09 Sep 2023 | HK$275.6b | HK$63.8b | -HK$8,851,239,051.00 | 16.7x | -31.1x | 4.3x |
| Mon, 07 Aug 2023 | HK$308.8b | HK$42.7b | -HK$16,023,303,295.00 | 19.5x | -19.3x | 7.2x |
| Wed, 05 Jul 2023 | HK$289.2b | HK$42.4b | -HK$16,259,597,250.00 | 23x | -17.8x | 6.8x |
| Fri, 02 Jun 2023 | HK$270.9b | HK$42.6b | -HK$16,904,048,711.00 | 35.9x | -16x | 6.4x |
| Sun, 30 Apr 2023 | HK$321.9b | HK$42.4b | -HK$16,848,175,875.00 | 33x | -19.1x | 7.6x |
| Tue, 28 Mar 2023 | HK$301.4b | HK$45.7b | -HK$16,932,485,171.00 | 27.1x | -17.8x | 6.6x |
| Thu, 23 Feb 2023 | HK$306.6b | HK$52.0b | -HK$11,628,341,137.00 | 28.4x | -26.4x | 5.9x |
| Sat, 21 Jan 2023 | HK$333.8b | HK$51.4b | -HK$12,603,516,994.00 | 26.8x | -26.5x | 6.5x |
| Mon, 19 Dec 2022 | HK$310.8b | HK$50.9b | -HK$12,603,060,930.00 | 26.9x | -24.7x | 6.1x |
| Wed, 16 Nov 2022 | HK$267.0b | HK$50.4b | -HK$12,532,489,572.00 | 34.8x | -21.3x | 5.3x |
| Fri, 14 Oct 2022 | HK$240.5b | HK$50.1b | -HK$12,538,645,914.00 | 33.2x | -19.2x | 4.8x |
| Sun, 11 Sep 2022 | HK$242.8b | HK$50.3b | -HK$12,518,666,056.00 | 38.2x | -19.4x | 4.8x |
| Tue, 09 Aug 2022 | HK$412.6b | HK$79.9b | -HK$18,687,558,394.00 | 89.5x | -22.1x | 5.2x |
| Thu, 07 Jul 2022 | HK$410.0b | HK$80.2b | -HK$18,411,882,902.00 | 86.1x | -22.3x | 5.1x |
| Sat, 04 Jun 2022 | HK$365.5b | HK$80.2b | -HK$18,985,679,968.00 | 76x | -19.2x | 4.6x |
| Mon, 02 May 2022 | HK$411.6b | HK$80.2b | -HK$18,992,808,122.00 | 82.9x | -21.7x | 5.1x |
| Wed, 30 Mar 2022 | HK$423.8b | HK$79.0b | -HK$19,796,632,466.00 | 84x | -21.4x | 5.4x |
| Fri, 25 Feb 2022 | HK$479.4b | HK$86.3b | -HK$22,397,668,854.00 | 15.1x | -21.4x | 5.6x |
| Sun, 23 Jan 2022 | HK$485.7b | HK$82.9b | -HK$23,780,197,430.00 | 14.6x | -20.4x | 5.9x |
| Tue, 21 Dec 2021 | HK$391.7b | HK$83.0b | -HK$23,798,198,143.00 | 14.1x | -16.5x | 4.7x |
| Thu, 18 Nov 2021 | HK$477.0b | HK$82.1b | -HK$24,229,501,610.00 | 39.3x | -19.7x | 5.8x |
| Sat, 16 Oct 2021 | HK$422.8b | HK$82.3b | -HK$24,079,759,117.00 | 42.1x | -17.6x | 5.1x |
| Mon, 13 Sep 2021 | HK$555.5b | HK$82.6b | -HK$24,595,286,288.89 | 38.9x | -22.6x | 6.7x |
| Wed, 11 Aug 2021 | HK$552.9b | HK$82.6b | -HK$24,595,286,288.89 | 49.2x | -22.5x | 6.7x |
| Sun, 06 Jun 2021 | HK$725.3b | HK$76.1b | -HK$28,982,989,692.88 | 83.8x | -25x | 9.5x |
Price to Earnings Ratio
-25x
Current Industry PE
- Investors are optimistic on the Hong Kong Casinos and Gaming industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 46.5x which is higher than its 3-year average PE of -17.1x.
- The 3-year average PS ratio of 5.3x is higher than the industry's current PS ratio of 2.3x.
Past Earnings Growth
- Total earnings for the Casinos and Gaming industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 10% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Hong Kong Casinos and Gaming compare with similar industries?
| HK Market | -2.07% | |
| Consumer Discretionary | -3.13% | |
| Hospitality | -5.84% | |
| Casinos and Gaming | -4.02% | |
| Hotels, Resorts and Cruise Lines | -4.16% | |
| Restaurants | -6.55% | |
| Leisure Facilities | -7.56% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 1371 China Ecotourism Group | HK$0.33 | 32.0% +HK$12.4m | -47.6% | PS0.4x | |
| 1245 Niraku GC Holdings | HK$0.24 | 1.7% +HK$4.8m | -18.7% | PE7.4x |
