PICC Property & Casualty Co., Ltd. (2328) Stock Recommendation | Score, Valuation, Technicals & Financial Trend

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Comparison

Company

Score

Quality

Valuation

Financial

Technical

PICC Property & Casualty Co., Ltd.

Why is PICC Property & Casualty Co., Ltd. ?

Weak Long Term Fundamental Strength with a 0% CAGR growth in Operating Profits

Poor long term growth as Operating profit has grown by an annual rate of 0%

The company has declared Positive results for the last 3 consecutive quarters

OPERATING CASH FLOW(Y) Highest at HKD 126,324.34 MM
INTEREST COVERAGE RATIO(Q) Highest at 417.47
ROCE(HY) Highest at 14.74%

With ROE of 11.44%, it has a Very Attractive valuation with a 1.14 Price to Book Value

Over the past year, while the stock has generated a return of -2.51%, its profits have risen by 28% ; the PEG ratio of the company is 0.4

Underperformed the market in the last 1 year

Even though the market (Hang Seng Hong Kong) has generated returns of 8.76% in the last 1 year, the stock has hugely underperformed and has generate negative returns of -2.51% returns

Real-Time Research Report

Verdict Report

How much should you hold?

Overall Portfolio exposure to PICC Property & Casualty Co., Ltd. should be less than 10%
Overall Portfolio exposure to Insurance should be less than 30%

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

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

Is PICC Property & Casualty Co., Ltd. for you?

Low Risk, High Return

Absolute

Risk Adjusted

Volatility

PICC Property & Casualty Co., Ltd.

-2.51%

38.29

29.03%

Hang Seng Hong Kong

8.76%

0.45

19.63%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

3.90%

EBIT Growth (5y)

EBIT to Interest (avg)

0.42

Debt to EBITDA (avg)

Negative Net Debt

Net Debt to Equity (avg)

Sales to Capital Employed (avg)

Tax Ratio

18.95%

Dividend Payout Ratio

35.72%

Pledged Shares

Institutional Holding

ROCE (avg)

0.27%

ROE (avg)

12.21%

Valuation

Valuation Scorecard

Valuation grade scale :

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

Valuation Key Factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

1.14

EV to EBIT

EV to EBITDA

89.74

EV to Capital Employed

1.13

EV to Sales

0.68

PEG Ratio

0.35

Dividend Yield

3.74%

ROCE (Latest)

ROE (Latest)

11.44%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Mildly Bullish

Mildly Bearish

RSI

No Signal

Bollinger Bands

Bearish

Mildly Bearish

Moving Averages

Bearish (Daily)

KST

Bearish

Mildly Bearish

Dow Theory

Mildly Bullish

OBV

Mildly Bullish

Mildly Bearish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

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

11What is working for the Company

OPERATING CASH FLOW(Y)

Highest at HKD 126,324.34 MM

INTEREST COVERAGE RATIO(Q)

Highest at 417.47

ROCE(HY)

Highest at 14.74%

NET SALES(Q)

Highest at HKD 300,613.25 MM

RAW MATERIAL COST(Y)

Fallen by 0% (YoY

-3What is not working for the Company

DIVIDEND PAYOUT RATIO(Y)

Lowest at 0%

DEBT-EQUITY RATIO (HY)

Highest at 17.37 %

DIVIDEND PER SHARE(HY)

Lowest at HKD 0

Here's what is working for PICC Property & Casualty Co., Ltd.

Interest Coverage Ratio

Highest at 417.47 and Grown

In each period in the last five periods

MOJO Watch

The company's ability to manage interest payments is improving

Operating Profit to Interest

Operating Cash Flow

Highest at HKD 126,324.34 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 300,613.25 MM and Grown

In each period in the last five periods

MOJO Watch

Near term sales trend is very positive

Net Sales (HKD MM)

Raw Material Cost

Fallen by 0% (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 2,276.01 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 2,276.01 MM has Grown at 20.39%

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 PICC Property & Casualty Co., Ltd.

Debt-Equity Ratio

Highest at 17.37 %

in the last five Semi-Annual periods

MOJO Watch

The company is borrowing more to fund its operations; it's liquidity situation may be stressed

Debt-Equity Ratio

Dividend per share

Lowest at HKD 0

in the last five years

MOJO Watch

Company is distributing lower dividend than previous years

DPS (HKD)

Dividend Payout Ratio

Lowest at 0%

in the last five years

MOJO Watch

Company is distributing lower proportion of profits generated as dividend

DPR (%)