ORIENTAL WATCH HOLDINGS LIMITED Financials Oriental Watch Holdings Limited
Equities
398
BMG6773R1051
Apparel & Accessories Retailers
|
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 3.43 HKD | +0.29% |
|
-2.00% | -18.33% |
Valuation
| Fiscal Period: March | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 1,307 | 1,340 | 878.4 | 1,282 | 2,032 | 2,120 |
| Enterprise Value (EV) 1 | 300.1 | 302 | 231.5 | 583.3 | 1,207 | 1,379 |
| P/E ratio | 9.42 x | 9.71 x | 8.76 x | 6.09 x | 5.61 x | 7.18 x |
| Yield | 4.37% | 4.6% | 7.01% | 5.63% | 4.46% | 3.52% |
| Capitalization / Revenue | 0.45 x | 0.55 x | 0.37 x | 0.37 x | 0.56 x | 0.57 x |
| EV / Revenue | 0.1 x | 0.12 x | 0.1 x | 0.17 x | 0.33 x | 0.37 x |
| EV / EBITDA | 2.05 x | 2.03 x | 1.22 x | 1.68 x | 2.56 x | 3.06 x |
| EV / FCF | 0.79 x | 1.46 x | 0.94 x | 1.09 x | 2.23 x | 3.85 x |
| FCF Yield | 126% | 68.4% | 106% | 92.1% | 44.8% | 26% |
| Price to Book | 0.56 x | 0.61 x | 0.42 x | 0.64 x | 1 x | 1.12 x |
| Nbr of stocks (in thousands) | 5,70,610 | 5,70,358 | 5,70,358 | 4,87,358 | 4,87,358 | 4,87,358 |
| Reference price 2 | 2.290 | 2.350 | 1.540 | 2.630 | 4.170 | 4.350 |
| Announcement Date | 25/07/18 | 18/07/19 | 24/07/20 | 26/07/21 | 25/07/22 | 20/07/23 |
1HKD in Million2HKD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 2,892 | 2,437 | 2,353 | 3,504 | 3,640 | 3,705 |
| EBITDA 1 | 146.4 | 149.1 | 189.5 | 346.7 | 472.1 | 450.5 |
| EBIT 1 | 125 | 127.4 | 156.3 | 317 | 433.9 | 406.9 |
| Operating Margin | 4.32% | 5.23% | 6.64% | 9.05% | 11.92% | 10.98% |
| Earnings before Tax (EBT) 1 | 164.7 | 160 | 127.4 | 355.7 | 513.4 | 440.1 |
| Net income 1 | 138.8 | 138.1 | 100.3 | 233.3 | 362.6 | 295.4 |
| Net margin | 4.8% | 5.67% | 4.26% | 6.66% | 9.96% | 7.97% |
| EPS 2 | 0.2432 | 0.2421 | 0.1759 | 0.4317 | 0.7440 | 0.6062 |
| Free Cash Flow 1 | 379.3 | 206.6 | 245.2 | 536.9 | 540.6 | 358.1 |
| FCF margin | 13.12% | 8.48% | 10.42% | 15.32% | 14.85% | 9.67% |
| FCF Conversion (EBITDA) | 259.03% | 138.57% | 129.37% | 154.85% | 114.49% | 79.49% |
| FCF Conversion (Net income) | 273.32% | 149.57% | 244.43% | 230.18% | 149.09% | 121.21% |
| Dividend per Share 2 | 0.1000 | 0.1080 | 0.1080 | 0.1480 | 0.1860 | 0.1530 |
| Announcement Date | 25/07/18 | 18/07/19 | 24/07/20 | 26/07/21 | 25/07/22 | 20/07/23 |
1HKD in Million2HKD
Estimates
Balance Sheet Analysis
| Fiscal Period: March | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - |
| Net Cash position 1 | 1,007 | 1,038 | 647 | 698 | 825 | 741 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - |
| Free Cash Flow 1 | 379 | 207 | 245 | 537 | 541 | 358 |
| ROE (net income / shareholders' equity) | 6.21% | 6.09% | 4.61% | 11.4% | 18% | 15% |
| ROA (Net income/ Total Assets) | 3.19% | 3.22% | 3.97% | 7.56% | 9.67% | 9.25% |
| Assets 1 | 4,346 | 4,290 | 2,527 | 3,086 | 3,748 | 3,194 |
| Book Value Per Share 2 | 4.060 | 3.880 | 3.650 | 4.090 | 4.180 | 3.890 |
| Cash Flow per Share 2 | 1.900 | 1.900 | 1.640 | 2.180 | 2.630 | 2.210 |
| Capex 1 | 20.4 | 35.9 | 41.1 | 30 | 72.8 | 47 |
| Capex / Sales | 0.71% | 1.47% | 1.75% | 0.86% | 2% | 1.27% |
| Announcement Date | 25/07/18 | 18/07/19 | 24/07/20 | 26/07/21 | 25/07/22 | 20/07/23 |
1HKD in Million2HKD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -18.33% | 214M | |
| +15.94% | 5.06B | |
| -9.65% | 4.31B | |
| -3.70% | 3.22B | |
| +29.83% | 2.3B | |
| -8.64% | 1.44B | |
| -52.86% | 1B | |
| -4.22% | 763M | |
| +8.68% | 665M | |
| -16.23% | 468M |
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- Financials Oriental Watch Holdings Limited
