Hong Kong (HSI) Highways and Railtracks Industry Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies11
- 7D2.3%
- 3M-6.7%
- 1Y18.8%
- YTD-5.0%
In the last week, the Highways and Railtracks industry is up 2.3%, with Jiangsu Expressway up 4.0%. This takes the industry's 12 month performance to a gain of 19%. Looking forward, earnings are forecast to grow by 10.0% annually.
Industry Valuation and Performance
Has the Hong Kong Highways and Railtracks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 30 Oct 2023 | HK$153.8b | HK$87.6b | HK$19.6b | 7.2x | 7.8x | 1.8x |
| Wed, 27 Sep 2023 | HK$158.3b | HK$87.5b | HK$19.7b | 7.2x | 8.1x | 1.8x |
| Fri, 25 Aug 2023 | HK$157.3b | HK$85.9b | HK$19.7b | 7.6x | 8x | 1.8x |
| Sun, 23 Jul 2023 | HK$159.7b | HK$85.5b | HK$19.1b | 7.2x | 8.4x | 1.9x |
| Tue, 20 Jun 2023 | HK$158.6b | HK$85.7b | HK$19.1b | 7.1x | 8.3x | 1.9x |
| Thu, 18 May 2023 | HK$171.3b | HK$87.5b | HK$19.6b | 7.7x | 8.7x | 2x |
| Sat, 15 Apr 2023 | HK$161.6b | HK$87.5b | HK$18.8b | 7.4x | 8.6x | 1.8x |
| Mon, 13 Mar 2023 | HK$159.3b | HK$90.9b | HK$20.3b | 6.4x | 7.8x | 1.8x |
| Wed, 08 Feb 2023 | HK$160.6b | HK$92.3b | HK$21.6b | 5.5x | 7.5x | 1.7x |
| Fri, 06 Jan 2023 | HK$156.9b | HK$91.2b | HK$21.3b | 5.9x | 7.4x | 1.7x |
| Sun, 04 Dec 2022 | HK$146.0b | HK$89.4b | HK$20.8b | 5.5x | 7x | 1.6x |
| Tue, 01 Nov 2022 | HK$126.1b | HK$88.1b | HK$20.7b | 5x | 6.1x | 1.4x |
| Thu, 29 Sep 2022 | HK$132.6b | HK$86.8b | HK$20.3b | 5.2x | 6.5x | 1.5x |
| Sat, 27 Aug 2022 | HK$148.0b | HK$89.4b | HK$22.6b | 5.4x | 6.5x | 1.7x |
| Mon, 25 Jul 2022 | HK$157.9b | HK$91.7b | HK$24.2b | 5.3x | 6.5x | 1.7x |
| Wed, 22 Jun 2022 | HK$165.3b | HK$92.4b | HK$24.4b | 5.5x | 6.8x | 1.8x |
| Fri, 20 May 2022 | HK$161.2b | HK$91.6b | HK$24.2b | 5.3x | 6.7x | 1.8x |
| Sun, 17 Apr 2022 | HK$178.0b | HK$95.2b | HK$26.3b | 5.5x | 6.8x | 1.9x |
| Tue, 15 Mar 2022 | HK$216.8b | HK$97.2b | HK$27.4b | 5.1x | 7.9x | 2.2x |
| Thu, 10 Feb 2022 | HK$186.2b | HK$94.0b | HK$27.3b | 5.2x | 6.8x | 2x |
| Sat, 08 Jan 2022 | HK$179.9b | HK$93.9b | HK$27.2b | 5.2x | 6.6x | 1.9x |
| Mon, 06 Dec 2021 | HK$172.0b | HK$93.9b | HK$27.2b | 5.4x | 6.3x | 1.8x |
| Wed, 03 Nov 2021 | HK$144.6b | HK$93.6b | HK$27.1b | 3.9x | 5.3x | 1.5x |
| Fri, 01 Oct 2021 | HK$174.0b | HK$91.0b | HK$27.1b | 5x | 6.4x | 1.9x |
| Sun, 29 Aug 2021 | HK$168.9b | HK$90.7b | HK$27.0b | 5.5x | 6.3x | 1.9x |
| Mon, 05 Jul 2021 | HK$176.4b | HK$90.7b | HK$27.0b | 5.7x | 6.5x | 1.9x |
| Thu, 08 Apr 2021 | HK$188.6b | HK$81.2b | HK$22.6b | 7.5x | 8.4x | 2.3x |
| Sun, 10 Jan 2021 | HK$173.5b | HK$71.1b | HK$17.0b | 8.6x | 10.2x | 2.4x |
Price to Earnings Ratio
11.2x
Current Industry PE
- Investors are relatively neutral on the Hong Kong Highways and Railtracks industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 7.7x.
- The industry is trading close to its 3-year average PS ratio of 1.9x.
Past Earnings Growth
- The earnings for companies in the Highways and Railtracks industry have grown 13% per year over the last three years.
- Revenues for these companies have grown 11% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Hong Kong Highways and Railtracks compare with similar industries?
| HK Market | 0.88% | |
| Industrials | 2.98% | |
| Infrastructure | 2.28% | |
| Highways and Railtracks | 2.30% | |
| Marine Ports and Services | 2.56% | |
| Airport Services | -0.70% | |
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 | |
|---|---|---|---|---|---|
| 177 Jiangsu Expressway | HK$6.97 | 3.1% +HK$1.1b | 26.0% | PE7.1x | |
| 576 Zhejiang Expressway | HK$5.86 | 2.8% +HK$694.9m | 20.3% | PE3.7x | |
| 152 Shenzhen International Holdings | HK$5.21 | 4.0% +HK$478.6m | -1.3% | PE16.9x | |
| 1052 Yuexiu Transport Infrastructure | HK$4.09 | 4.1% +HK$267.7m | 33.2% | PE10.9x | |
| 548 Shenzhen Expressway | HK$6.41 | 1.7% +HK$239.9m | 13.9% | PE8.5x |