Estimating The Fair Value Of New Century Healthcare Holding Co. Limited (HKG:1518)
May 10
Hong Kong (HSI) Healthcare Facilities Industry Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies17
- 7D0.05%
- 3M42.3%
- 1Y-27.7%
- YTDn/a
Over the last 7 days, the Healthcare Facilities industry has remained flat. Unfortunately though, the industry is down 28% over the past 12 months. Looking forward, earnings are forecast to grow by 27% annually.
Industry Valuation and Performance
Has the Hong Kong Healthcare Facilities Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | HK$68.8b | HK$33.3b | HK$1.2b | 12x | 57.1x | 2.1x |
| Tue, 16 Apr 2024 | HK$45.2b | HK$33.3b | HK$1.2b | 11.1x | 37x | 1.4x |
| Thu, 14 Mar 2024 | HK$53.9b | HK$28.8b | HK$1.1b | 11.3x | 50.8x | 1.9x |
| Sat, 10 Feb 2024 | HK$46.8b | HK$28.8b | HK$1.1b | 9.6x | 43x | 1.6x |
| Mon, 08 Jan 2024 | HK$44.5b | HK$28.5b | HK$1.4b | 11.2x | 30.8x | 1.6x |
| Wed, 06 Dec 2023 | HK$51.1b | HK$28.5b | HK$1.4b | 11.8x | 35.4x | 1.8x |
| Fri, 03 Nov 2023 | HK$53.9b | HK$28.1b | HK$1.5b | 10.9x | 37x | 1.9x |
| Sun, 01 Oct 2023 | HK$52.2b | HK$28.1b | HK$1.5b | 9.5x | 35.8x | 1.9x |
| Tue, 29 Aug 2023 | HK$50.6b | HK$26.9b | HK$794.9m | 10.5x | 63.7x | 1.9x |
| Thu, 27 Jul 2023 | HK$93.3b | HK$45.9b | -HK$10,748,012,785.00 | 9.8x | -8.7x | 2x |
| Sat, 24 Jun 2023 | HK$89.0b | HK$45.9b | -HK$10,762,701,903.00 | 9.5x | -8.3x | 1.9x |
| Mon, 22 May 2023 | HK$96.5b | HK$46.1b | -HK$10,647,370,933.00 | 9.6x | -9.1x | 2.1x |
| Wed, 19 Apr 2023 | HK$104.6b | HK$46.5b | -HK$10,621,616,255.00 | 10.1x | -9.8x | 2.2x |
| Fri, 17 Mar 2023 | HK$102.9b | HK$46.5b | -HK$10,269,353,034.00 | 17.1x | -10x | 2.2x |
| Sun, 12 Feb 2023 | HK$102.7b | HK$46.7b | -HK$10,250,953,782.00 | 15x | -10x | 2.2x |
| Tue, 10 Jan 2023 | HK$102.8b | HK$46.7b | -HK$10,253,814,480.00 | 14.7x | -10x | 2.2x |
| Thu, 08 Dec 2022 | HK$91.7b | HK$46.0b | -HK$10,294,690,455.00 | 12.7x | -8.9x | 2x |
| Sat, 05 Nov 2022 | HK$83.8b | HK$45.3b | -HK$10,309,886,498.00 | 11x | -8.1x | 1.8x |
| Mon, 03 Oct 2022 | HK$86.5b | HK$45.8b | -HK$10,280,664,114.00 | 12.3x | -8.4x | 1.9x |
| Wed, 31 Aug 2022 | HK$86.7b | HK$45.5b | -HK$9,952,277,292.00 | 14.3x | -8.7x | 1.9x |
| Fri, 29 Jul 2022 | HK$91.9b | HK$44.9b | -HK$9,950,830,259.00 | 14x | -9.2x | 2x |
| Sun, 26 Jun 2022 | HK$95.4b | HK$45.1b | -HK$9,952,285,988.00 | 15.4x | -9.6x | 2.1x |
| Tue, 24 May 2022 | HK$85.7b | HK$45.0b | -HK$9,929,006,574.00 | 12.2x | -8.6x | 1.9x |
| Thu, 21 Apr 2022 | HK$86.2b | HK$46.9b | -HK$10,383,624,957.00 | 12.3x | -8.3x | 1.8x |
| Sat, 19 Mar 2022 | HK$80.4b | HK$43.6b | -HK$10,518,479,450.00 | 11.6x | -7.6x | 1.8x |
| Mon, 14 Feb 2022 | HK$86.6b | HK$43.4b | -HK$10,478,530,438.00 | 14.1x | -8.3x | 2x |
| Wed, 12 Jan 2022 | HK$99.0b | HK$43.3b | -HK$10,443,302,809.00 | 18.1x | -9.5x | 2.3x |
| Fri, 10 Dec 2021 | HK$92.6b | HK$40.9b | -HK$10,651,253,349.00 | 18.2x | -8.7x | 2.3x |
| Sun, 07 Nov 2021 | HK$92.7b | HK$40.5b | -HK$10,560,830,552.00 | 19.8x | -8.8x | 2.3x |
| Tue, 05 Oct 2021 | HK$100.8b | HK$40.2b | -HK$10,484,995,612.00 | 21.4x | -9.6x | 2.5x |
| Thu, 02 Sep 2021 | HK$128.3b | HK$40.0b | -HK$10,431,121,586.12 | 20.4x | -12.3x | 3.2x |
| Sat, 31 Jul 2021 | HK$202.8b | HK$40.0b | -HK$10,431,121,586.12 | 21.5x | -19.4x | 5.1x |
Price to Earnings Ratio
-44.3x
Current Industry PE
- Investors are optimistic on the Hong Kong Health Care Facilities industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 57.1x which is higher than its 3-year average PE of 2.9x.
- The 3-year average PS ratio of 2.6x is higher than the industry's current PS ratio of 2.1x.
Past Earnings Growth
- Total earnings for the Health Care Facilities industry have gone up over the last three years and the industry is now profitable.
- Revenues have declined 2.2% per year.
- This means that less sales are being generated overall, but since the cost of doing business is lower, profits have been increasing.
Industry Comparison
How does Hong Kong Healthcare Facilities compare with similar industries?
| HK Market | 2.56% | |
| Healthcare | -0.91% | |
| Healthcare Services | 1.39% | |
| Healthcare Facilities | 0.055% | |
| Healthcare Distributors | 2.36% | |
| Healthcare Services | 0.57% | |
| Managed Healthcare | 0% | |
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 | |
|---|---|---|---|---|---|
| 6078 Hygeia Healthcare Holdings | HK$37.45 | 0.9% +HK$221.0m | -26.6% | PE32.1x | |
| 1515 China Resources Medical Holdings | HK$4.42 | 4.0% +HK$220.4m | -33.3% | PE20.6x | |
| 3309 C-MER Eye Care Holdings | HK$3.26 | 4.8% +HK$186.6m | -19.5% | PE65.4x | |
| 3689 Guangdong Kanghua Healthcare | HK$2.57 | 9.4% +HK$73.6m | 36.0% | PE6.6x | |
| 2120 Wenzhou Kangning Hospital | HK$11.98 | 5.8% +HK$48.5m | n/a | PE9.5x |
