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Able Engineering Holdings Ltd.

  • Market Cap: N/A
  • Industry: Furniture, Home Furnishing
  • ISIN: KYG0R8151046
  • HKG: 1627
HKD
0.36
-0.01 (-1.35%)

Sep 23

HKG

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  • 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.
Unity Enterprise Holdings Ltd.
GC Construction Holdings Ltd.
Coolpoint Innonism Holding Ltd.
CR Construction Group Holdings Ltd.
Jianzhong Construction Development Ltd.
Skymission Group Holdings Ltd.

Why is Able Engineering Holdings Ltd. ?

1
Positive results in Mar 26
  • OPERATING CASH FLOW(Y) Highest at HKD 1,956.72 MM
  • ROCE(HY) Highest at 15.72%
  • NET SALES(Q) Highest at HKD 5,064.77 MM
2
With ROE of 21.11%, it has a Very Attractive valuation with a 0.59 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 -45.59%, its profits have risen by 50.5% ; the PEG ratio of the company is 0.1
  • At the current price, the company has a high dividend yield of 1176.5
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?

High Risk, Medium Return

Absolute
Risk Adjusted
Volatility
Able Engineering Holdings Ltd.
-46.32%
-0.18
40.71%
Hang Seng Hong Kong
-4.77%
-0.26
18.70%
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)
19.46
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-1.00
Sales to Capital Employed (avg)
3.24
Tax Ratio
19.73%
Dividend Payout Ratio
20.86%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
425.49%
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
3
Industry P/E
Price to Book Value
0.59
EV to EBIT
-1.19
EV to EBITDA
-0.91
EV to Capital Employed
-6.29
EV to Sales
-0.08
PEG Ratio
0.06
Dividend Yield
1176.47%
ROCE (Latest)
Negative Capital Employed
ROE (Latest)
21.11%
stock-recommendationTechnicals

Technical key factors

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

Financial Trend Scorecard stock-summary

stock-recommendation
Financial Trend scale:

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

13What is working for the Company
OPERATING CASH FLOW(Y)

Highest at HKD 1,956.72 MM

ROCE(HY)

Highest at 15.72%

NET SALES(Q)

Highest at HKD 5,064.77 MM

INTEREST COVERAGE RATIO(Q)

The company hardly has any interest cost

CASH AND EQV(HY)

Highest at HKD 2,757.16 MM

DEBT-EQUITY RATIO (HY)

Lowest at -138.5 %

EPS(Q)

Highest at HKD 0.09

-3What is not working for the Company
DIVIDEND PAYOUT RATIO(Y)

Lowest at 33.44%

RAW MATERIAL COST(Y)

Grown by 42.48% (YoY

DIVIDEND PER SHARE(HY)

Lowest at HKD 6.23

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

Operating Cash Flow
Highest at HKD 1,956.72 MM and Grown
In each year in the last three years
MOJO Watch
The company has generated higher cash revenues from business operations

Operating Cash Flows (HKD MM)

Net Sales
Highest at HKD 5,064.77 MM and Grown
In each period in the last five periods
MOJO Watch
Near term sales trend is very positive

Net Sales (HKD MM)

Net Sales
At HKD 5,064.77 MM has Grown at 25.93%
Year on Year (YoY)
MOJO Watch
Near term sales trend is positive

Net Sales (HKD MM)

EPS
Highest at HKD 0.09
in the last five periods
MOJO Watch
Increasing profitability; company has created higher earnings for shareholders

EPS (HKD)

Cash and Eqv
Highest at HKD 2,757.16 MM
in the last six Semi-Annual periods
MOJO Watch
Short Term liquidity is improving

Cash and Cash Equivalents

Debt-Equity Ratio
Lowest at -138.5 %
in the last five Semi-Annual periods
MOJO Watch
The company has been reducing its borrowing as compared to equity capital

Debt-Equity Ratio

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

Dividend per share
Lowest at HKD 6.23
in the last five years
MOJO Watch
Company is distributing lower dividend than previous years

DPS (HKD)

Dividend Payout Ratio
Lowest at 33.44%
in the last five years
MOJO Watch
Company is distributing lower proportion of profits generated as dividend

DPR (%)

Raw Material Cost
Grown by 42.48% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has deteriorated; this may lead to a fall in profit margin

Raw Material Cost as a percentage of Sales

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