JLogo Holdings Limited's (HKG:8527) 46% Share Price Plunge Could Signal Some Risk
May 24
Hong Kong (HSI) Restaurants Industry Analysis
UpdatedMay 30, 2024
DataAggregated Company Financials
Companies35
- 7D-6.6%
- 3M36.2%
- 1Y-0.4%
- YTDn/a
Over the last 7 days, the Restaurants industry has dropped 6.6%, driven by a pullback from Meituan of 8.9%. As for the longer term, the industry's performance has been flat for the past year. Looking forward, earnings are forecast to grow by 35% annually.
Industry Valuation and Performance
Has the Hong Kong Restaurants Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 30 May 2024 | HK$862.7b | HK$408.7b | HK$22.6b | 12.2x | 38.1x | 2.1x |
| Sat, 27 Apr 2024 | HK$882.2b | HK$409.6b | HK$22.7b | 10.2x | 38.9x | 2.2x |
| Mon, 25 Mar 2024 | HK$694.0b | HK$395.2b | HK$18.8b | 11.9x | 37x | 1.8x |
| Wed, 21 Feb 2024 | HK$578.5b | HK$381.0b | HK$15.0b | 15.6x | 38.6x | 1.5x |
| Fri, 19 Jan 2024 | HK$556.6b | HK$381.1b | HK$15.0b | 15.6x | 37.2x | 1.5x |
| Sun, 17 Dec 2023 | HK$665.7b | HK$384.0b | HK$15.1b | 19.4x | 44.1x | 1.7x |
| Tue, 14 Nov 2023 | HK$853.7b | HK$360.4b | HK$12.2b | 16.1x | 70.2x | 2.4x |
| Thu, 12 Oct 2023 | HK$916.9b | HK$360.3b | HK$12.2b | 17.6x | 75.4x | 2.5x |
| Sat, 09 Sep 2023 | HK$969.3b | HK$359.4b | HK$12.1b | 19.5x | 80x | 2.7x |
| Mon, 07 Aug 2023 | HK$1.1t | HK$338.0b | HK$851.1m | 16.3x | 1290.2x | 3.2x |
| Wed, 05 Jul 2023 | HK$978.2b | HK$336.9b | HK$817.0m | 19.9x | 1197.4x | 2.9x |
| Fri, 02 Jun 2023 | HK$872.1b | HK$340.5b | HK$539.9m | 27.8x | 1615.3x | 2.6x |
| Sun, 30 Apr 2023 | HK$1.0t | HK$335.7b | -HK$9,716,086,089.00 | 19x | -106.6x | 3.1x |
| Tue, 28 Mar 2023 | HK$1.0t | HK$341.8b | -HK$17,141,010,547.00 | 20.9x | -59.7x | 3x |
| Thu, 23 Feb 2023 | HK$205.7b | HK$89.1b | -HK$7,842,889,161.00 | 34.6x | -26.2x | 2.3x |
| Sat, 21 Jan 2023 | HK$230.1b | HK$90.1b | -HK$7,944,501,277.00 | 38.5x | -29x | 2.6x |
| Mon, 19 Dec 2022 | HK$205.1b | HK$87.9b | -HK$7,685,354,416.00 | 36.7x | -26.7x | 2.3x |
| Wed, 16 Nov 2022 | HK$170.9b | HK$88.4b | -HK$7,722,667,153.00 | 24.1x | -22.1x | 1.9x |
| Fri, 14 Oct 2022 | HK$136.4b | HK$87.5b | -HK$7,578,806,525.00 | 13.8x | -18x | 1.6x |
| Sun, 11 Sep 2022 | HK$166.2b | HK$89.7b | -HK$7,842,664,870.00 | 16.5x | -21.2x | 1.9x |
| Tue, 09 Aug 2022 | HK$163.5b | HK$98.7b | -HK$10,994,582,141.00 | 18.6x | -14.9x | 1.7x |
| Thu, 07 Jul 2022 | HK$177.7b | HK$99.1b | -HK$11,061,030,666.00 | 15.5x | -16.1x | 1.8x |
| Sat, 04 Jun 2022 | HK$163.1b | HK$100.4b | -HK$10,811,937,982.00 | 16.1x | -15.1x | 1.6x |
| Mon, 02 May 2022 | HK$162.3b | HK$100.9b | -HK$10,804,791,561.00 | 14.6x | -15x | 1.6x |
| Wed, 30 Mar 2022 | HK$162.8b | HK$103.0b | -HK$9,438,172,060.00 | 19.8x | -17.2x | 1.6x |
| Fri, 25 Feb 2022 | HK$192.2b | HK$102.8b | -HK$2,442,102,356.00 | 22x | -78.7x | 1.9x |
| Sun, 23 Jan 2022 | HK$205.4b | HK$102.4b | -HK$2,424,084,391.00 | 18.1x | -84.7x | 2x |
| Tue, 21 Dec 2021 | HK$184.5b | HK$102.1b | -HK$2,412,757,659.00 | 23.8x | -76.5x | 1.8x |
| Thu, 18 Nov 2021 | HK$215.0b | HK$100.3b | -HK$2,516,273,769.00 | 19.5x | -85.4x | 2.1x |
| Sat, 16 Oct 2021 | HK$273.0b | HK$99.0b | -HK$2,478,964,325.00 | 19.9x | -110.1x | 2.8x |
| Mon, 13 Sep 2021 | HK$297.6b | HK$96.8b | -HK$2,827,672,687.59 | 22.5x | -105.2x | 3.1x |
| Wed, 11 Aug 2021 | HK$268.0b | HK$95.5b | -HK$2,839,904,630.90 | 23.6x | -94.4x | 2.8x |
| Sun, 06 Jun 2021 | HK$317.5b | HK$81.3b | HK$1.2b | 18.3x | 276x | 3.9x |
Price to Earnings Ratio
276x
Current Industry PE
- Investors are pessimistic on the Hong Kong Restaurants industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 38.1x which is lower than its 3-year average PE of 94.9x.
- The industry is trading close to its 3-year average PS ratio of 2.3x.
Past Earnings Growth
- The earnings for companies in the Restaurants industry have grown 170% per year over the last three years.
- Revenues for these companies have grown 71% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Hong Kong Restaurants compare with similar industries?
| HK Market | -2.07% | |
| Consumer Discretionary | -3.13% | |
| Hospitality | -5.84% | |
| Restaurants | -6.55% | |
| Casinos and Gaming | -4.02% | |
| Hotels, Resorts and Cruise Lines | -4.16% | |
| 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 | |
|---|---|---|---|---|---|
| 2217 Tam Jai International | HK$1.17 | 0.9% +HK$13.5m | -33.5% | PE13.3x | |
| 1869 Kafelaku Coffee Holding | HK$0.22 | 5.8% +HK$13.3m | -8.4% | PE30.3x | |
| 2108 K2 F&B Holdings | HK$0.20 | 8.1% +HK$12.0m | 0% | PE3.8x | |
| 573 Tao Heung Holdings | HK$0.73 | 1.4% +HK$10.1m | -9.9% | PE10.1x | |
| 8519 XinXiang Era Group | HK$0.49 | 3.1% +HK$8.7m | 326.7% | PS1x |
