Here's Why Pan Asia Environmental Protection Group (HKG:556) Can Manage Its Debt Responsibly
Oct 24
Hong Kong (HSI) Environmental and Facilities Services Industry Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies33
- 7D2.6%
- 3M-12.6%
- 1Y0.2%
- YTD-16.7%
In the last week, the Environmental and Facilities Services industry is up 2.6%, with ZONBONG LANDSCAPE Environmental up 12%. Meanwhile, Capital Environment Holdings actually underperformed within the industry, shrinking 5.6% in the last week. Overall in the last year, the industry is flat. Looking forward, earnings are forecast to grow by 12% annually.
Industry Valuation and Performance
Has the Hong Kong Environmental and Facilities Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 30 Oct 2023 | HK$56.1b | HK$97.5b | HK$4.5b | 5.5x | 12.4x | 0.6x |
| Wed, 27 Sep 2023 | HK$55.9b | HK$97.3b | HK$4.5b | 6.2x | 12.3x | 0.6x |
| Fri, 25 Aug 2023 | HK$57.9b | HK$104.3b | HK$4.6b | 5x | 12.7x | 0.6x |
| Sun, 23 Jul 2023 | HK$59.9b | HK$105.2b | HK$4.8b | 6.9x | 12.5x | 0.6x |
| Tue, 20 Jun 2023 | HK$60.2b | HK$105.7b | HK$4.8b | 5.5x | 12.5x | 0.6x |
| Thu, 18 May 2023 | HK$62.3b | HK$106.9b | HK$5.8b | 5.8x | 10.7x | 0.6x |
| Sat, 15 Apr 2023 | HK$60.3b | HK$107.7b | HK$5.8b | 6x | 10.3x | 0.6x |
| Mon, 13 Mar 2023 | HK$61.5b | HK$121.5b | HK$9.8b | 5.6x | 6.3x | 0.5x |
| Wed, 08 Feb 2023 | HK$64.7b | HK$122.1b | HK$9.8b | 5.8x | 6.6x | 0.5x |
| Fri, 06 Jan 2023 | HK$64.6b | HK$120.7b | HK$9.7b | 5.5x | 6.6x | 0.5x |
| Sun, 04 Dec 2022 | HK$62.3b | HK$119.7b | HK$9.7b | 5.6x | 6.4x | 0.5x |
| Tue, 01 Nov 2022 | HK$52.6b | HK$119.7b | HK$9.7b | 5.7x | 5.4x | 0.4x |
| Thu, 29 Sep 2022 | HK$61.4b | HK$118.3b | HK$9.4b | 5.6x | 6.5x | 0.5x |
| Sat, 27 Aug 2022 | HK$74.8b | HK$118.5b | HK$9.9b | 5.8x | 7.5x | 0.6x |
| Mon, 25 Jul 2022 | HK$77.0b | HK$123.4b | HK$11.1b | 6.3x | 6.9x | 0.6x |
| Wed, 22 Jun 2022 | HK$77.7b | HK$123.7b | HK$11.2b | 7x | 6.9x | 0.6x |
| Fri, 20 May 2022 | HK$78.8b | HK$123.4b | HK$11.2b | 5.8x | 7x | 0.6x |
| Sun, 17 Apr 2022 | HK$91.7b | HK$125.3b | HK$11.4b | 7.1x | 8x | 0.7x |
| Tue, 15 Mar 2022 | HK$76.5b | HK$122.6b | HK$11.2b | 6.5x | 6.9x | 0.6x |
| Thu, 10 Feb 2022 | HK$84.1b | HK$119.2b | HK$11.1b | 8.5x | 7.6x | 0.7x |
| Sat, 08 Jan 2022 | HK$88.1b | HK$119.1b | HK$11.1b | 9.3x | 7.9x | 0.7x |
| Mon, 06 Dec 2021 | HK$82.9b | HK$119.1b | HK$11.1b | 8.7x | 7.5x | 0.7x |
| Wed, 03 Nov 2021 | HK$80.9b | HK$118.5b | HK$11.1b | n/a | 7.3x | 0.7x |
| Fri, 01 Oct 2021 | HK$88.4b | HK$118.4b | HK$10.9b | 7.3x | 8.1x | 0.7x |
| Sun, 29 Aug 2021 | HK$80.4b | HK$118.8b | HK$10.9b | 7.3x | 7.4x | 0.7x |
| Mon, 05 Jul 2021 | HK$76.3b | HK$118.8b | HK$10.8b | 7.7x | 7x | 0.6x |
| Thu, 08 Apr 2021 | HK$82.8b | HK$110.5b | HK$10.0b | 8.2x | 8.3x | 0.7x |
| Sun, 10 Jan 2021 | HK$78.4b | HK$100.9b | HK$8.8b | 9x | 8.9x | 0.8x |
Price to Earnings Ratio
7.8x
Current Industry PE
- Investors are optimistic on the Hong Kong Environmental and Facilities Services 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 8.3x.
- The industry is trading close to its 3-year average PS ratio of 0.64x.
Past Earnings Growth
- The earnings for companies in the Environmental and Facilities Services industry have declined 17% 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 Environmental and Facilities Services compare with similar industries?
| HK Market | 0.88% | |
| Industrials | 2.98% | |
| Commercial Services | 2.05% | |
| Environmental and Facilities Services | 2.61% | |
| Commercial Printing | 0.27% | |
| Office Services and Supplies | 0% | |
| Diversified Support Services | -0.28% | |
| Security and Alarm Services | -4.93% | |
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 | |
|---|---|---|---|---|---|
| 1855 ZONBONG LANDSCAPE Environmental | HK$27.20 | 14.8% +HK$962.5m | 289.1% | PS5.8x | |
| 257 China Everbright Environment Group | HK$2.71 | 1.9% +HK$307.1m | 3.8% | PE3.6x | |
| 587 China Conch Environment Protection Holdings | HK$1.88 | 3.3% +HK$109.6m | -18.6% | PE11.5x | |
| 895 Dongjiang Environmental | HK$1.76 | 4.8% +HK$88.4m | -15.0% | PS0.5x | |
| 1330 Dynagreen Environmental Protection Group | HK$2.36 | 2.2% +HK$69.7m | 9.8% | PE4.4x |
