Able Engineering Holdings Ltd.

  • Market Cap: N/A
  • Industry: Furniture, Home Furnishing
  • ISIN: KYG0R8151046
HKD
0.57
-0.06 (-9.52%)
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Comparison

Company
Score
Quality
Valuation
Financial
Technical
Able Engineering Holdings Ltd.
China Electronics Optics Valley Union Holding Co., Ltd.
Dimmi Life Holdings Ltd.
Times China Holdings Ltd.
Mingfa Group (International) Co. Ltd.
Jianzhong Construction Development Ltd.
Unity Enterprise Holdings Ltd.
GC Construction Holdings Ltd.
Coolpoint Innonism Holding Ltd.
CR Construction Group Holdings Ltd.
Skymission Group Holdings Ltd.

Why is Able Engineering Holdings Ltd. ?

1
High Management Efficiency with a high ROE of 10.61%
2
Company's ability to service its debt is strong with a healthy EBIT to Interest (avg) ratio of 11.55
3
Strong Long Term Fundamental Strength with an average Return on Equity (ROE) of 10.61%
4
With ROE of 20.56%, it has a Very Attractive valuation with a 0.84 Price to Book Value
  • The stock is trading at a discount compared to its peers' average historical valuations
  • Over the past year, while the stock has generated a return of 1.79%, its profits have risen by 74.1% ; the PEG ratio of the company is 0.1
  • At the current price, the company has a high dividend yield of 684.9
stock-recommendationReal-Time Research Report

Verdict Report

How much should you buy?

  1. Overall Portfolio exposure to Able Engineering Holdings Ltd. should be less than 10%
  2. Overall Portfolio exposure to Furniture, Home Furnishing should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Furniture, Home Furnishing)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is Able Engineering Holdings Ltd. for you?

Medium Risk, High Return

Absolute
Risk Adjusted
Volatility
Able Engineering Holdings Ltd.
-100.0%
1.07
39.59%
Hang Seng Hong Kong
8.25%
0.41
19.93%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor
Value
Sales Growth (5y)
28.57%
EBIT Growth (5y)
81.98%
EBIT to Interest (avg)
11.55
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-1.00
Sales to Capital Employed (avg)
2.95
Tax Ratio
28.32%
Dividend Payout Ratio
52.49%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
10,121.33%
ROE (avg)
10.61%
stock-recommendationValuation

Valuation Scorecard stock-summary

stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary

Factor
Value
P/E Ratio
4
Industry P/E
Price to Book Value
0.84
EV to EBIT
-0.56
EV to EBITDA
-0.44
EV to Capital Employed
-275.02
EV to Sales
-0.03
PEG Ratio
0.06
Dividend Yield
684.93%
ROCE (Latest)
Negative Capital Employed
ROE (Latest)
20.56%
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bearish
RSI
No Signal
Bullish
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
No Trend
No Trend
OBV
No Trend
No Trend
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
stock-recommendationFinancial Trend

Financial Trend Scorecard stock-summary

stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

4What is working for the Company
INTEREST COVERAGE RATIO(Q)

The company hardly has any interest cost

RAW MATERIAL COST(Y)

Fallen by -0.68% (YoY

NET SALES(Q)

Highest at HKD 4,111.77 MM

-1What is not working for the Company
CASH AND EQV(HY)

Lowest at HKD 1,643.86 MM

Here's what is working for Able Engineering Holdings Ltd.

Net Sales
Highest at HKD 4,111.77 MM
in the last five periods
MOJO Watch
Near term sales trend is positive

Net Sales (HKD MM)

Raw Material Cost
Fallen by -0.68% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin

Raw Material Cost as a percentage of Sales

Depreciation
Highest at HKD 82.94 MM
in the last five periods
MOJO Watch
The expenditure on assets done by the company may have gone into operation

Depreciation (HKD MM)

Depreciation
At HKD 82.94 MM has Grown at 9.11%
period on period (QoQ)
MOJO Watch
The expenditure on assets done by the company has gone into productive use which should positively reflect in the future sales

Depreciation (HKD MM)

Here's what is not working for Able Engineering Holdings Ltd.

Cash and Eqv
Lowest at HKD 1,643.86 MM
in the last six Semi-Annual periods
MOJO Watch
Short Term liquidity is deteriorating

Cash and Cash Equivalents