We Think Samson Holding (HKG:531) Is Taking Some Risk With Its Debt
Oct 13
Hong Kong (HSI) Home Furnishings Industry Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies10
- 7D0.6%
- 3M-23.8%
- 1Y-3.3%
- YTD-35.7%
Over the last 7 days, the Home Furnishings industry has remained flat, although notably Morris Home Holdings declined by 4.5%. Unfortunately though, the industry is down 3.3% over the past 12 months. Earnings are forecast to grow by 17% annually.
Industry Valuation and Performance
Has the Hong Kong Home Furnishings Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 30 Oct 2023 | HK$25.2b | HK$31.4b | HK$2.3b | 6.1x | 10.7x | 0.8x |
| Wed, 27 Sep 2023 | HK$28.1b | HK$31.4b | HK$2.3b | 5.7x | 11.9x | 0.9x |
| Fri, 25 Aug 2023 | HK$28.7b | HK$32.4b | HK$2.4b | 10.9x | 11.8x | 0.9x |
| Sun, 23 Jul 2023 | HK$29.2b | HK$32.9b | HK$2.5b | 8.8x | 11.7x | 0.9x |
| Tue, 20 Jun 2023 | HK$27.9b | HK$32.9b | HK$2.5b | 8.8x | 11.1x | 0.8x |
| Thu, 18 May 2023 | HK$30.0b | HK$33.1b | HK$2.5b | 8.5x | 11.9x | 0.9x |
| Sat, 15 Apr 2023 | HK$35.5b | HK$36.4b | HK$3.0b | 8.3x | 12x | 1x |
| Mon, 13 Mar 2023 | HK$38.0b | HK$39.2b | HK$3.8b | 6.8x | 10.1x | 1x |
| Wed, 08 Feb 2023 | HK$41.9b | HK$39.3b | HK$3.8b | 6.5x | 11.1x | 1.1x |
| Fri, 06 Jan 2023 | HK$42.1b | HK$39.1b | HK$3.8b | 6.7x | 11.2x | 1.1x |
| Sun, 04 Dec 2022 | HK$36.2b | HK$38.9b | HK$3.7b | 6.3x | 9.7x | 0.9x |
| Tue, 01 Nov 2022 | HK$25.9b | HK$39.7b | HK$3.6b | 6.6x | 7.2x | 0.7x |
| Thu, 29 Sep 2022 | HK$29.8b | HK$39.8b | HK$3.6b | 7x | 8.3x | 0.7x |
| Sat, 27 Aug 2022 | HK$36.7b | HK$40.5b | HK$3.9b | 9.9x | 9.4x | 0.9x |
| Mon, 25 Jul 2022 | HK$39.2b | HK$40.6b | HK$3.9b | 10x | 10x | 1x |
| Wed, 22 Jun 2022 | HK$43.2b | HK$40.7b | HK$3.9b | 10.2x | 11x | 1.1x |
| Fri, 20 May 2022 | HK$43.3b | HK$40.6b | HK$3.9b | 9.8x | 11.1x | 1.1x |
| Sun, 17 Apr 2022 | HK$42.0b | HK$39.6b | HK$3.9b | 11x | 10.7x | 1.1x |
| Tue, 15 Mar 2022 | HK$46.4b | HK$38.9b | HK$4.2b | 8.5x | 11.1x | 1.2x |
| Thu, 10 Feb 2022 | HK$65.3b | HK$38.8b | HK$4.2b | 8.9x | 15.6x | 1.7x |
| Sat, 08 Jan 2022 | HK$62.5b | HK$38.8b | HK$4.2b | 7.6x | 14.9x | 1.6x |
| Mon, 06 Dec 2021 | HK$67.1b | HK$38.8b | HK$4.2b | 7.6x | 16x | 1.7x |
| Wed, 03 Nov 2021 | HK$66.2b | HK$35.3b | HK$3.9b | n/a | 16.9x | 1.9x |
| Fri, 01 Oct 2021 | HK$66.3b | HK$35.2b | HK$3.9b | 8x | 16.9x | 1.9x |
| Sun, 29 Aug 2021 | HK$81.9b | HK$35.2b | HK$3.5b | 7.8x | 23.5x | 2.3x |
| Mon, 05 Jul 2021 | HK$94.0b | HK$35.2b | HK$3.5b | 7.9x | 27x | 2.7x |
| Thu, 08 Apr 2021 | HK$79.8b | HK$33.7b | HK$3.2b | 9.1x | 25.2x | 2.4x |
| Sun, 10 Jan 2021 | HK$77.5b | HK$31.1b | HK$2.8b | 9x | 27.8x | 2.5x |
Price to Earnings Ratio
37.4x
Current Industry PE
- Investors are pessimistic on the Hong Kong Home Furnishings industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 10.7x which is lower than its 3-year average PE of 17.1x.
- The 3-year average PS ratio of 1.5x is higher than the industry's current PS ratio of 0.80x.
Past Earnings Growth
- The earnings for companies in the Home Furnishings industry have grown 22% per year over the last three years.
- Revenues for these companies have grown 8.4% 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 Home Furnishings compare with similar industries?
| HK Market | 0.88% | |
| Consumer Discretionary | 1.26% | |
| Consumer Durables | -1.04% | |
| Home Furnishings | 0.63% | |
| Consumer Electronics | 0.035% | |
| Homebuilding | -0.012% | |
| Housewares and Specialties | -0.48% | |
| Household Appliances | -3.71% | |
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 | |
|---|---|---|---|---|---|
| 1999 Man Wah Holdings | HK$4.93 | 2.1% +HK$390.7m | 12.6% | PE10.1x | |
| 1198 Royale Home Holdings | HK$1.40 | 0.7% +HK$26.0m | -29.3% | PS2.3x | |
| 776 Imperium Technology Group | HK$6.00 | 1.2% +HK$21.8m | -4.8% | PS17.3x | |
| 531 Samson Holding | HK$0.24 | 1.7% +HK$12.1m | -23.8% | PE16.8x | |
| 146 Tai Ping Carpets International | HK$0.87 | 6.1% +HK$10.6m | 40.3% | PE4.8x |
