Company Valuation: Hutchison Telecommunications Hong Kong Holdings Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Capitalization 1 5,590 6,024 5,879 5,156 4,434 5,590
Change - 7.76% -2.4% -12.3% -14.02% 26.09%
Enterprise Value (EV) 1 863.2 2,466 2,635 1,954 1,218 2,244
Change - 185.68% 6.87% -25.84% -37.7% 84.31%
P/E ratio 15.5x 1,506x -37.2x -99.2x 739x -224x
PBR 0.46x 0.56x 0.57x 0.52x 0.47x 0.61x
PEG - -15.2x 0x 1.5x -7x 0x
Capitalization / Revenue 1.23x 1.12x 1.2x 1.05x 0.93x 1.03x
EV / Revenue 0.19x 0.46x 0.54x 0.4x 0.25x 0.41x
EV / EBITDA 0.92x 2.92x 3.92x 2.48x 1.39x 2.42x
EV / EBIT 2.87x 23.3x -13.7x -20.4x -46.8x 561x
EV / FCF 2.99x -2.01x 4.88x 2.3x 1.39x 2.29x
FCF Yield 33.4% -49.8% 20.5% 43.5% 72% 43.6%
Dividend per Share 2 0.0749 0.0749 0.0749 0.0749 0.0749 0.0749
Rate of return 6.46% 5.99% 6.14% 7% 8.14% 6.46%
EPS 2 0.0749 0.00083 -0.0328 -0.0108 0.001245 -0.005187
Distribution rate 100% 9,024% -228% -694% 6,016% -1,444%
Net sales 1 4,545 5,385 4,882 4,896 4,782 5,448
EBITDA 1 935 844 673 787 879 928
EBIT 1 301 106 -192 -96 -26 4
Net income 1 361 4 -158 -52 6 -25
Net Debt 1 -4,727 -3,558 -3,244 -3,202 -3,216 -3,346
Reference price 2 1.160 1.250 1.220 1.070 0.920 1.160
Nbr of stocks (in thousands) 4,819,096 4,819,096 4,819,096 4,819,096 4,819,096 4,819,096
Announcement Date 30/03/21 01/04/22 30/03/23 03/04/24 02/04/25 01/04/26
1HKD in Million2HKD
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 745M
9.73x2.46x6.61x6% 197B
13.84x2.17x5.64x4.1% 157B
12.81x2.03x5.13x2.4% 80.9B
11.89x1.7x7x3.53% 78.48B
17.66x5.67x20.55x4.07% 60.17B
15.52x2.62x8.2x5.12% 57.33B
17.6x1.98x6.27x4.45% 55.31B
14.19x2.64x6.11x4.77% 45.84B
24.89x3.43x7.58x4.01% 44.55B
Average 15.35x 2.74x 8.12x 4.27% 77.7B
Weighted average by Cap. 13.84x 2.57x 7.50x 4.48%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

  1. Stock Market
  2. Equities
  3. 215 Stock
  4. Valuation Hutchison Telecommunications Hong Kong Holdings Limited