Financials Power Assets Holdings Ltd. Deutsche Boerse AG

Equities

HEH

HK0006000050

Electric Utilities

Market Closed - Deutsche Boerse AG 09:18:50 2024-06-21 EDT 5-day change 1st Jan Change
5.05 EUR +1.81% Intraday chart for Power Assets Holdings Ltd. 0.00% -2.88%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 121,653 89,639 103,725 91,105 96,433 88,015 - -
Enterprise Value (EV) 1 120,101 87,854 102,551 88,447 95,329 85,773 84,756 83,162
P/E ratio 17.1 x 14.6 x 16.9 x 16.1 x 16 x 14.1 x 13.5 x 13.1 x
Yield 4.91% 6.69% 5.8% 6.6% 6.23% 6.83% 6.87% 6.88%
Capitalization / Revenue 90.2 x 70.6 x 81.3 x 72 x 74.6 x 65.8 x 66.2 x 62 x
EV / Revenue 89.1 x 69.2 x 80.4 x 69.9 x 73.8 x 64.2 x 63.7 x 58.6 x
EV / EBITDA 68.2 x 74.5 x 68.2 x 75.8 x 84 x 95.5 x 87.8 x 79.2 x
EV / FCF 65 x 91.5 x 109 x 115 x - 192 x 78 x 82.1 x
FCF Yield 1.54% 1.09% 0.92% 0.87% - 0.52% 1.28% 1.22%
Price to Book 1.42 x 1.06 x 1.2 x 1.05 x 1.09 x 0.99 x 0.99 x 0.98 x
Nbr of stocks (in thousands) 2,134,262 2,134,262 2,134,262 2,131,105 2,131,105 2,131,105 - -
Reference price 2 57.00 42.00 48.60 42.75 45.25 41.30 41.30 41.30
Announcement Date 20-03-18 21-03-17 22-03-16 23-03-15 24-03-20 - - -
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,348 1,270 1,276 1,265 1,292 1,337 1,331 1,420
EBITDA 1 1,762 1,179 1,504 1,167 1,135 898.1 965.3 1,050
EBIT 1 1,178 1,175 1,501 1,164 1,131 1,077 1,134 1,145
Operating Margin 87.39% 92.52% 117.63% 92.02% 87.54% 80.58% 85.22% 80.59%
Earnings before Tax (EBT) 1 7,174 6,200 6,272 5,838 6,252 6,505 6,672 6,900
Net income 1 7,131 6,132 6,140 5,649 6,003 6,231 6,527 6,774
Net margin 529.01% 482.83% 481.19% 446.56% 464.63% 466.1% 490.55% 476.96%
EPS 2 3.340 2.870 2.880 2.650 2.820 2.933 3.053 3.144
Free Cash Flow 1 1,849 960 939 771 - 446 1,087 1,013
FCF margin 137.17% 75.59% 73.59% 60.95% - 33.36% 81.7% 71.33%
FCF Conversion (EBITDA) 104.94% 81.42% 62.43% 66.07% - 49.66% 112.61% 96.44%
FCF Conversion (Net income) 25.93% 15.66% 15.29% 13.65% - 7.16% 16.65% 14.95%
Dividend per Share 2 2.800 2.810 2.820 2.820 2.820 2.820 2.839 2.841
Announcement Date 20-03-18 21-03-17 22-03-16 23-03-15 24-03-20 - - -
1HKD in Million2HKD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2021 S1 2022 S1
Net sales - - -
EBITDA - - -
EBIT - - -
Operating Margin - - -
Earnings before Tax (EBT) - - -
Net income 1 2,262 2,509 2,871
Net margin - - -
EPS - - -
Dividend per Share - - -
Announcement Date 20-08-05 21-08-04 22-08-03
1HKD in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 1,552 1,785 1,174 2,658 1,104 2,242 3,259 4,853
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 1,849 960 939 771 - 446 1,087 1,013
ROE (net income / shareholders' equity) 8.44% 7.2% 7.16% 6.51% 6.84% 6.97% 7.2% 7.28%
ROA (Net income/ Total Assets) 7.71% 6.55% 6.94% 6.23% 6.31% 6.53% 6.9% 7.07%
Assets 1 92,503 93,561 88,448 90,619 95,135 95,459 94,600 95,819
Book Value Per Share 2 40.10 39.70 40.70 40.70 41.60 41.60 41.50 41.90
Cash Flow per Share 2 0.8700 0.4500 0.4400 0.3600 - 2.020 1.910 2.810
Capex 1 - 2 - 1 - 3 3 3
Capex / Sales - 0.16% - 0.08% - 0.22% 0.23% 0.21%
Announcement Date 20-03-18 21-03-17 22-03-16 23-03-15 24-03-20 - - -
1HKD in Million2HKD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
9
Last Close Price
41.3 HKD
Average target price
52.64 HKD
Spread / Average Target
+27.46%
Consensus

Annual profits - Rate of surprise

  1. Stock Market
  2. Equities
  3. 6 Stock
  4. HEH Stock
  5. Financials Power Assets Holdings Ltd.