Further Upside For MOG Digitech Holdings Limited (HKG:1942) Shares Could Introduce Price Risks After 34% Bounce
May 13
Hong Kong (HSI) Technology Distributors Industry Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies24
- 7D0.6%
- 3M9.6%
- 1Y-61.3%
- YTDn/a
Over the last 7 days, the Technology Distributors industry has remained flat, although notably MOG Digitech Holdings gained 34%. As for the longer term, the industry has declined 61% in the last year. Earnings are forecast to grow by 11% annually.
Industry Valuation and Performance
Has the Hong Kong Technology Distributors Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | HK$18.0b | HK$170.3b | HK$1.5b | 8.5x | 12.3x | 0.1x |
| Tue, 16 Apr 2024 | HK$16.9b | HK$170.3b | HK$1.5b | 9.2x | 11.6x | 0.1x |
| Thu, 14 Mar 2024 | HK$16.4b | HK$167.1b | HK$1.3b | 6.6x | 12.6x | 0.1x |
| Sat, 10 Feb 2024 | HK$16.2b | HK$167.1b | HK$1.3b | 6.6x | 12.5x | 0.1x |
| Mon, 08 Jan 2024 | HK$16.8b | HK$167.2b | HK$1.3b | 6.8x | 12.9x | 0.1x |
| Wed, 06 Dec 2023 | HK$16.0b | HK$167.2b | HK$1.3b | 6.3x | 12.3x | 0.1x |
| Fri, 03 Nov 2023 | HK$16.6b | HK$167.2b | HK$1.4b | 6.4x | 12.1x | 0.1x |
| Sun, 01 Oct 2023 | HK$25.7b | HK$167.2b | HK$1.4b | 6.9x | 18.8x | 0.2x |
| Tue, 29 Aug 2023 | HK$78.9b | HK$168.8b | HK$1.4b | 6.5x | 54.4x | 0.5x |
| Thu, 27 Jul 2023 | HK$16.3b | HK$182.1b | HK$1.8b | 6.2x | 9.2x | 0.09x |
| Sat, 24 Jun 2023 | HK$17.2b | HK$182.6b | HK$1.9b | 5.2x | 8.9x | 0.09x |
| Mon, 22 May 2023 | HK$17.9b | HK$182.9b | HK$1.8b | 5.4x | 10.2x | 0.1x |
| Wed, 19 Apr 2023 | HK$18.5b | HK$183.6b | HK$1.8b | 5.9x | 10.3x | 0.1x |
| Fri, 17 Mar 2023 | HK$16.5b | HK$190.8b | HK$2.2b | 4.6x | 7.3x | 0.09x |
| Sun, 12 Feb 2023 | HK$17.4b | HK$190.8b | HK$2.2b | 5x | 7.7x | 0.09x |
| Tue, 10 Jan 2023 | HK$17.2b | HK$190.8b | HK$2.3b | 5.1x | 7.6x | 0.09x |
| Thu, 08 Dec 2022 | HK$16.3b | HK$190.7b | HK$2.3b | 4.5x | 7.3x | 0.09x |
| Sat, 05 Nov 2022 | HK$15.4b | HK$192.2b | HK$2.4b | 5x | 6.3x | 0.08x |
| Mon, 03 Oct 2022 | HK$16.4b | HK$192.2b | HK$2.4b | 5.4x | 6.8x | 0.09x |
| Wed, 31 Aug 2022 | HK$17.7b | HK$191.6b | HK$2.4b | 5.2x | 7.4x | 0.09x |
| Fri, 29 Jul 2022 | HK$18.9b | HK$195.1b | HK$2.6b | 4.9x | 7.2x | 0.1x |
| Sun, 26 Jun 2022 | HK$19.2b | HK$195.2b | HK$2.7b | 5.4x | 7.2x | 0.1x |
| Tue, 24 May 2022 | HK$20.2b | HK$196.2b | HK$2.9b | 4.8x | 7x | 0.1x |
| Thu, 21 Apr 2022 | HK$21.4b | HK$196.5b | HK$2.9b | 5.6x | 7.4x | 0.1x |
| Sat, 19 Mar 2022 | HK$23.6b | HK$183.9b | HK$2.6b | 6x | 9.2x | 0.1x |
| Mon, 14 Feb 2022 | HK$24.3b | HK$183.9b | HK$2.6b | 6.3x | 9.4x | 0.1x |
| Wed, 12 Jan 2022 | HK$24.5b | HK$183.8b | HK$2.6b | 6.3x | 9.5x | 0.1x |
| Fri, 10 Dec 2021 | HK$24.0b | HK$183.9b | HK$2.6b | 5.8x | 9.3x | 0.1x |
| Sun, 07 Nov 2021 | HK$24.2b | HK$183.0b | HK$2.6b | 7.7x | 9.1x | 0.1x |
| Tue, 05 Oct 2021 | HK$23.4b | HK$183.0b | HK$2.6b | 7.7x | 8.8x | 0.1x |
| Thu, 02 Sep 2021 | HK$24.4b | HK$183.5b | HK$2.6b | 7.5x | 9.4x | 0.1x |
| Sat, 31 Jul 2021 | HK$22.5b | HK$183.5b | HK$2.6b | 7x | 8.6x | 0.1x |
Price to Earnings Ratio
11.7x
Current Industry PE
- Investors are optimistic on the Hong Kong Technology Distributors industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 12.3x which is higher than its 3-year average PE of 10.3x.
- The industry is trading close to its 3-year average PS ratio of 0.11x.
Past Earnings Growth
- The earnings for companies in the Technology Distributors industry have declined 11% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does Hong Kong Technology Distributors compare with similar industries?
| HK Market | 2.56% | |
| Tech | 1.60% | |
| Electronic Equipment and Components | 2.64% | |
| Technology Distributors | 0.59% | |
| Electronic Components | 5.55% | |
| Electronic Equipment and Instruments | 4.76% | |
| Electronic Manufacturing Services | -8.89% | |
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 | |
|---|---|---|---|---|---|
| 1942 MOG Digitech Holdings | HK$1.51 | 33.6% +HK$295.0m | -95.9% | PS0.8x | |
| 1184 S.A.S. Dragon Holdings | HK$4.10 | 5.1% +HK$125.2m | 19.5% | PE6.4x | |
| 400 Ingdan | HK$1.11 | 7.8% +HK$111.5m | -27.5% | PE6.8x | |
| 8311 Perfect Optronics | HK$0.069 | 19.0% +HK$16.3m | -5.5% | PS0.8x | |
| 2350 MTT Group Holdings | HK$0.42 | 6.3% +HK$15.6m | 14.9% | PE19x |
