Is Sun Hung Kai Properties (HKG:16) A Risky Investment?
May 05
Hong Kong (HSI) Diversified Real Estate Industry Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies30
- 7D5.5%
- 3M9.4%
- 1Y-10.7%
- YTDn/a
The Diversified Real Estate industry is up 5.5% in the last week, with ESR Group up 25%. In the past year, the industry is down 11%. Earnings are forecast to grow by 14% annually.
Industry Valuation and Performance
Has the Hong Kong Diversified Real Estate Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | HK$554.4b | HK$380.7b | HK$53.5b | 13.6x | 10.4x | 1.5x |
| Tue, 16 Apr 2024 | HK$493.8b | HK$380.8b | HK$53.5b | 11x | 9.2x | 1.3x |
| Thu, 14 Mar 2024 | HK$548.7b | HK$398.9b | HK$31.1b | 11.1x | 17.7x | 1.4x |
| Sat, 10 Feb 2024 | HK$512.5b | HK$395.2b | HK$29.6b | 9.5x | 17.3x | 1.3x |
| Mon, 08 Jan 2024 | HK$544.9b | HK$395.4b | HK$29.6b | 11.2x | 18.4x | 1.4x |
| Wed, 06 Dec 2023 | HK$498.1b | HK$395.4b | HK$29.6b | 10.8x | 16.8x | 1.3x |
| Fri, 03 Nov 2023 | HK$531.8b | HK$393.1b | HK$30.1b | 10.9x | 17.7x | 1.4x |
| Sun, 01 Oct 2023 | HK$549.4b | HK$393.6b | HK$32.7b | 11.1x | 16.8x | 1.4x |
| Tue, 29 Aug 2023 | HK$579.6b | HK$382.1b | HK$26.2b | 10.8x | 22.1x | 1.5x |
| Thu, 27 Jul 2023 | HK$638.8b | HK$376.1b | HK$25.7b | 11x | 24.9x | 1.7x |
| Sat, 24 Jun 2023 | HK$616.0b | HK$376.0b | HK$24.0b | 10.5x | 25.7x | 1.6x |
| Mon, 22 May 2023 | HK$642.9b | HK$378.2b | HK$24.0b | 10.5x | 26.8x | 1.7x |
| Wed, 19 Apr 2023 | HK$684.7b | HK$379.3b | HK$24.0b | 11.6x | 28.6x | 1.8x |
| Fri, 17 Mar 2023 | HK$661.2b | HK$372.1b | HK$34.8b | 6.4x | 19x | 1.8x |
| Sun, 12 Feb 2023 | HK$726.0b | HK$378.2b | HK$48.9b | 11.7x | 14.9x | 1.9x |
| Tue, 10 Jan 2023 | HK$723.7b | HK$378.1b | HK$48.9b | 12.4x | 14.8x | 1.9x |
| Thu, 08 Dec 2022 | HK$657.4b | HK$377.0b | HK$48.8b | 11x | 13.5x | 1.7x |
| Sat, 05 Nov 2022 | HK$600.7b | HK$376.8b | HK$50.7b | 10.5x | 11.8x | 1.6x |
| Mon, 03 Oct 2022 | HK$650.6b | HK$378.7b | HK$51.4b | 9.7x | 12.7x | 1.7x |
| Wed, 31 Aug 2022 | HK$712.1b | HK$380.7b | HK$54.1b | 10.2x | 13.2x | 1.9x |
| Fri, 29 Jul 2022 | HK$697.6b | HK$392.0b | HK$49.9b | 8.4x | 14x | 1.8x |
| Sun, 26 Jun 2022 | HK$698.1b | HK$391.6b | HK$51.8b | 8.6x | 13.5x | 1.8x |
| Tue, 24 May 2022 | HK$713.8b | HK$391.4b | HK$52.7b | 8x | 13.5x | 1.8x |
| Thu, 21 Apr 2022 | HK$729.4b | HK$393.3b | HK$52.9b | 7.8x | 13.8x | 1.9x |
| Sat, 19 Mar 2022 | HK$744.7b | HK$398.1b | HK$65.3b | 9.7x | 11.4x | 1.9x |
| Mon, 14 Feb 2022 | HK$795.9b | HK$411.4b | HK$50.2b | 7.4x | 15.9x | 1.9x |
| Wed, 12 Jan 2022 | HK$720.9b | HK$411.2b | HK$50.2b | 7.6x | 14.4x | 1.8x |
| Fri, 10 Dec 2021 | HK$724.4b | HK$407.4b | HK$49.2b | 9.1x | 14.7x | 1.8x |
| Sun, 07 Nov 2021 | HK$760.9b | HK$406.7b | HK$48.4b | 8.2x | 15.7x | 1.9x |
| Tue, 05 Oct 2021 | HK$816.7b | HK$421.3b | HK$50.2b | 9.5x | 16.3x | 1.9x |
| Thu, 02 Sep 2021 | HK$893.6b | HK$415.0b | HK$49.8b | 9.8x | 18x | 2.2x |
| Sat, 31 Jul 2021 | HK$904.0b | HK$415.0b | HK$49.8b | 9.9x | 18.2x | 2.2x |
Price to Earnings Ratio
27x
Current Industry PE
- Investors are pessimistic on the Hong Kong Diversified Real Estate Activities 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 10.4x which is lower than its 3-year average PE of 17.1x.
- The 3-year average PS ratio of 1.8x is higher than the industry's current PS ratio of 1.5x.
Past Earnings Growth
- The earnings for companies in the Diversified Real Estate Activities industry have grown 14% per year over the last three years, while revenues have remained mostly flat.
- This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Industry Comparison
How does Hong Kong Diversified Real Estate compare with similar industries?
| HK Market | 2.56% | |
| Real Estate | 7.25% | |
| Real Estate | 7.48% | |
| Diversified Real Estate | 5.54% | |
| Real Estate Services | 15.12% | |
| Real Estate Operating Companies | 8.21% | |
| Real Estate Development | 7.93% | |
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 | |
|---|---|---|---|---|---|
| 1821 ESR Group | HK$12.50 | 25.0% +HK$10.5b | 7.6% | PE33.1x | |
| 16 Sun Hung Kai Properties | HK$80.10 | 4.0% +HK$8.5b | -22.6% | PE8.9x | |
| 4 Wharf (Holdings) | HK$26.70 | 7.0% +HK$5.3b | 57.8% | PE86.3x | |
| 683 Kerry Properties | HK$16.72 | 6.9% +HK$1.6b | -9.2% | PE7.5x | |
| 17 New World Development | HK$9.77 | 5.2% +HK$1.2b | -49.4% | PE31.3x |
