Ratings CMGE Technology Group Limited

Equities

302 KYG2347J1094

Market Closed - Hong Kong S.E. Other stock markets 04:08:20 2024-04-26 EDT			5-day change	1st Jan Change
1.26 ^HKD	+6.78%		+24.75%	-3.82%

04-12	CMGE Technology Group Limited commences an Equity Buyback Plan for 275,267,200 shares, representing 10% of its issued share capital, under the authorization approved on June 2, 2023.	CI
03-27	CMGE Technology Group Limited Reports Earnings Results for the Full Year Ended December 31, 2023	CI

Summary

From a short-term investment perspective, the company presents a deteriorated fundamental situation

Strengths

Growth progress expectations are rather promising. Indeed, sales are expected to rise sharply in the coming years.
The equity is one of the most attractive in the market with regard to earnings multiple-based valuation.
The company appears to be poorly valued given its net asset value.
The company has a low valuation given the cash flows generated by its activity.
Analysts covering this company mostly recommend stock overweighting or purchase.
The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
The opinion of analysts covering the stock has improved over the past four months.

Weaknesses

For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period.
The company's sales previsions for the coming years have been revised downwards, which foreshadows another slowdown in business.
For the past year, analysts have significantly revised downwards their profit estimates.
For the last four months, EPS estimates made by Standard & Poor's analysts have been revised downwards.
Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.
The price targets of various analysts who make up the consensus differ significantly. This reflects different assessments and/or a difficulty in valuing the company.
The company's earnings releases usually do not meet expectations.

Ratings chart - Surperformance

Sector: Internet Services

	1st Jan change	Capi.	ESG Refinitiv
CMGE TECHNOLOGY GROUP LIMITED	-3.82%	443M	-
NETEASE, INC.	+3.04%	61.86B	A-
NEXON CO., LTD.	-3.35%	13.24B	C+
KRAFTON, INC.	+18.54%	7.71B	C+
KUNLUN TECH CO., LTD.	+6.47%	6.68B	D
37 INTERACTIVE ENTERTAINMENT NETWORK TECHNOLOGY GROUP CO., LTD.	-11.96%	5.04B	C+
SQUARE ENIX HOLDINGS CO., LTD.	+13.19%	4.37B	B
ZHEJIANG CENTURY HUATONG GROUP CO.,LTD	-20.74%	4.15B	C
NETMARBLE CORPORATION	-8.26%	3.17B	D+
GIANT NETWORK GROUP CO., LTD.	+1.53%	2.97B	C

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes