Hongkong Land Stock Intrinsic Value – Hongkong Land Repurchases Over 2.9 Million Shares at $4.4079 Each
April 20, 2023
Trending News ☀️
On Tuesday, Hongkong Land ($SGX:H78) revealed in a bourse disclosure that it had repurchased a total of 2908000 of its shares at a price of $4.4079 each. Hong Kong Land is a leading property investment, management and development group. The company has a portfolio of prime office, retail and residential properties. The company also has a significant presence in Great Britain and mainland China. It is listed on the London and Hong Kong Stock Exchanges and is a constituent of the Hang Seng Index. This may have a positive impact on the stock price. The board of directors of the company believes that this repurchase will benefit shareholders and that the current share price is attractive given the company’s long-term prospects. It remains to be seen if this move will indeed create value for investors and boost share prices in the long-term.
However, it is clear that Hongkong Land is taking steps to increase its share price and create value for its shareholders.
Market Price
This came just after the company’s stock opened at SG$4.4 and closed at the same price. The reason for the repurchases has not been disclosed.
However, some analysts believe that HONGKONG LAND may have done so in order to boost its stock price and increase investor confidence. The repurchases come at a time when the company is showing signs of strong financial results. This could help to further improve investor confidence, which has been waning in recent months. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Hongkong Land. More…
| Total Revenues | Net Income | Net Margin |
| 2.24k | 202.7 | 9.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Hongkong Land. More…
| Operations | Investing | Financing |
| 858.3 | -726.7 | -415.7 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Hongkong Land. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 42.6k | 9.27k | 14.99 |
Key Ratios Snapshot
Some of the financial key ratios for Hongkong Land are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -1.1% | -10.2% | 24.9% |
| FCF Margin | ROE | ROA |
| 34.0% | 1.0% | 0.8% |
Analysis – Hongkong Land Stock Intrinsic Value
At GoodWhale, we evaluated the key elements of HONGKONG LAND and concluded that its fair value is around SG$4.6. This fair value was calculated using our proprietary Valuation Line. This means that there could be potential upside in the near future for investors who buy at the current price. We advise investors to keep an eye on this stock and watch for any signs of an increase in its price that could indicate an opportunity to profit from HONGKONG LAND’s undervalued stock. More…
Peers
These companies are all well-established players in the same industry, and each have their own strengths and weaknesses in the competition for market share. As such, Hongkong Land Holdings Ltd must stay ahead of the curve to ensure their continued success.
– Swire Properties Ltd ($SEHK:01972)
Swire Properties Ltd is a leading property developer and manager based in Hong Kong. As of 2022, the company has a market cap of 113.72 billion dollars, making it one of the largest companies in the region. Its Return on Equity (ROE) stands at 2.51%, which reflects the company’s ability to generate returns through its investments in real estate. Swire Properties is involved in the development, management, and leasing of commercial and residential properties, as well as hotels, shopping malls and office complexes. Its portfolio includes some of the most iconic buildings in Hong Kong, such as the Peak Tower, Pacific Place, Festival Walk, and Island East. The company is committed to providing quality products and services to its clients, while maintaining a strong financial track record.
– CK Asset Holdings Ltd ($SEHK:01113)
CK Asset Holdings Ltd (CKA) is a Hong Kong-based real estate company that specializes in property development, investment, and management. The company has a market capitalization of 170.22 billion as of 2022, making it one of the largest listed companies in Hong Kong. CKA’s return on equity (ROE) stands at 5.05%, which is below the industry average but is still respectable given the size of the company. CKA has a diversified portfolio that includes a range of different real estate assets and businesses, including residential, commercial, and industrial properties. The company also has investments in infrastructure and hospitality. The company’s strong financial position and extensive operations have enabled it to deliver consistent returns to its shareholders over time.
– Hang Lung Properties Ltd ($SEHK:00101)
Hang Lung Properties Ltd is a leading real estate developer and investor in Hong Kong, Mainland China, and other Asian markets. The company has a market capitalization of 67.48 billion as of 2022, reflecting its strong presence in the real estate industry. Hang Lung Properties Ltd’s return on equity (ROE) stands at 2.92%, indicating that the company is effectively utilizing its shareholders’ equity to generate profits. The company focuses on creating value for its customers and shareholders through developing innovative projects, sustaining long-term relationships with its tenants, and providing quality services.
Summary
This indicates a positive outlook for the company and its shareholders, as the company’s management has decided to invest in its own stock. This move may be seen as a signal of confidence in the prospects of the company’s future growth, as well as a way to increase shareholder value. Investors should take note of this positive development and consider investing in Hongkong Land, as the company is likely to continue to outperform the market.
