pww.comPrada S.p.A. - SEHK:1913

Profile

Price

HKD$ 63.55

()

Market Cap

HKD$ 162.613B

Shares Out

2558.82 M

Employees

14876

Dividends

Yield

2.15 %

Payout (TTM)

90.15 %

DPS (TTM)

1.134

DPS Growth 3Yr

0 %

DPS Growth 5Yr

46.67 %

DPS Growth 10Yr

22.22 %

FinancialHealth

Cash

-

Net Debt

HKD$ 1.914B

Debt/Equity (TTM)

65.05 %

Returns(TTM)

ROA

4.95 %

ROE

9.87 %

ROCE

19.56 %

Valuation(TTM)

P/E

52.439

P/B

5.13

P/FCF

26.197 %

Margins(TTM)

Gross

102.82 %

Operating

30.54 %

Pre-Tax

13.66 %

Net

9.75 %

FCFPS

0.3 %

Growth(CAGR)

RevPS 3Yr

0.951 %

RevPS 5Yr

0.504 %

RevPS 10Yr

0.318 %

NetIncomePS 3Yr

13.395 %

NetIncomePS 5Yr

2.266 %

NetIncomePS 10Yr

0.069 %

  • Last Price

    HKD$ 63.55

  • 5D

    -0.703%

  • 1M

    4.180%

  • 3M

    9.192%

  • 1Y

    32.258%

Prada S.p.A. reported strong financial performance in H1 2023, with net revenues of EUR 2.2 billion (up 20% YoY) and a 62% increase in net income. Key growth drivers included robust retail sales, particularly in Asia-Pacific and Europe, and significant brand momentum for Prada and Miu Miu. The company is investing in future growth through retail renovations and sustainability initiatives. However, challenges include flat sales in the Americas, currency fluctuations impacting revenues, and rising operational costs. Despite these risks, the overall outlook remains positive, with bulls outweighing bears, indicating potential for continued growth.

Valuation And Growth

Segments

Guidance and Outlook

Bulls - Bears Say

1Y

3Y

5Y

ALL

For the Fiscal PeriodFeb-28-2025Jan-31-2025Dec-31-2024Nov-30-2024Oct-31-2024Sep-30-2024Aug-31-2024Jul-31-2024Jun-30-2024May-31-2024Apr-30-2024Mar-31-2024Feb-29-2024Jan-31-2024Dec-31-2023Nov-30-2023Oct-31-2023Sep-30-2023Aug-31-2023Jul-31-2023Jun-30-2023May-31-2023Apr-30-2023Mar-31-2023Feb-28-2023Jan-31-2023Dec-31-2022Nov-30-2022Oct-31-2022Sep-30-2022Aug-31-2022Jul-31-2022Jun-30-2022May-31-2022Apr-30-2022Mar-31-2022Feb-28-2022Jan-31-2022Dec-31-2021Nov-30-2021Oct-31-2021Sep-30-2021Aug-31-2021Jul-31-2021Jun-30-2021May-31-2021Apr-30-2021Mar-31-2021Feb-28-2021Jan-31-2021Dec-31-2020Nov-30-2020Oct-31-2020Sep-30-2020Aug-31-2020Jul-31-2020Jun-30-2020May-31-2020Apr-30-2020Mar-31-2020Feb-29-2020Jan-31-2020Dec-31-2019Nov-30-2019Oct-31-2019Sep-30-2019Aug-31-2019Jul-31-2019Jun-30-2019May-31-2019Apr-30-2019Mar-31-2019Feb-28-2019Jan-31-2019Dec-31-2018Nov-30-2018Oct-31-2018Sep-30-2018Aug-31-2018Jul-31-2018Jun-30-2018May-31-2018Apr-30-2018Mar-31-2018Feb-28-2018Jan-31-2018Dec-31-2017Nov-30-2017Oct-31-2017Sep-30-2017Aug-31-2017Jul-31-2017Jun-30-2017May-31-2017Apr-30-2017Mar-31-2017Feb-28-2017Jan-31-2017Dec-31-2016Nov-30-2016Oct-31-2016Sep-30-2016Aug-31-2016Jul-31-2016Jun-30-2016May-31-2016Apr-30-2016Mar-31-2016Feb-29-2016Jan-31-2016Dec-31-2015Nov-30-2015Oct-31-2015Sep-30-2015Aug-31-2015Jul-31-2015Jun-30-2015May-31-2015Apr-30-2015Mar-31-2015Feb-28-2015Jan-31-2015Dec-31-2014Nov-30-2014Oct-31-2014Sep-30-2014Aug-31-2014Jul-31-2014Jun-30-2014May-31-2014Apr-30-2014Mar-31-2014Feb-28-2014Jan-31-2014Dec-31-2013Nov-30-2013Oct-31-2013Sep-30-2013Aug-31-2013Jul-31-2013Jun-30-2013May-31-2013Apr-30-2013Mar-31-2013Feb-28-2013Jan-31-2013Dec-31-2012Nov-30-2012Oct-31-2012Sep-30-2012Aug-31-2012Jul-31-2012Jun-30-2012May-31-2012Apr-30-2012Mar-31-2012Feb-29-2012Jan-31-2012Dec-31-2011Nov-30-2011Oct-31-2011Sep-30-2011Aug-31-2011Jul-31-2011Jun-30-2011

Valuation Multiples

TEV/LTM Unlevered FCF

28.41

28.72

27.68

24.83

27.43

27.62

25.85

26.12

49.18

53.80

53.64

51.90

21.62

19.26

17.89

17.30

18.71

18.40

20.59

22.02

18.74

18.69

20.40

19.76

20.61

19.54

17.47

17.00

14.56

14.79

14.20

14.98

14.59

15.90

16.06

16.28

19.15

18.71

19.54

19.41

19.17

17.23

17.11

21.77

29.37

27.26

24.80

24.89

28.82

29.67

31.43

24.87

20.70

20.57

20.65

20.39

23.34

24.39

22.19

20.66

-

-

-

-

-

-

-

104.82

104.41

95.52

96.14

101.10

-

-

-

-

-

-

-

-

-

-

-

-

28.78

28.44

25.27

23.80

24.15

25.23

25.71

25.03

26.25

29.69

32.98

43.20

39.28

42.75

35.03

36.57

36.19

33.10

41.65

-

-

-

-

184.36

155.10

160.14

166.87

-

-

116.48

75.23

85.54

89.54

52.11

51.67

76.47

97.41

94.99

91.74

61.35

58.36

71.92

44.97

45.27

44.89

57.20

61.12

60.68

58.23

56.85

69.14

66.91

67.58

72.93

69.21

65.52

63.67

56.88

53.09

44.41

43.10

39.13

41.54

53.47

52.80

46.55

-

-

-

42.92

47.33

107.93

-

-

-

-

-

-

52.53

60.80

58.79

Market Cap/LTM Levered FCF

27.81

28.15

27.03

23.95

26.76

26.96

24.70

24.99

50.47

55.74

55.57

53.58

20.29

17.81

16.38

15.76

17.25

16.91

19.24

20.74

17.60

17.55

19.31

18.66

19.07

17.98

15.84

15.35

12.84

13.07

12.74

13.55

13.15

14.49

14.66

14.88

17.07

16.61

17.47

17.33

17.08

15.07

15.01

19.81

26.86

24.63

22.03

22.59

25.50

26.41

28.29

21.27

16.82

16.69

16.71

16.44

18.67

19.81

17.42

16.11

-

-

-

-

-

-

-

114.19

113.72

103.59

104.30

109.95

-

-

-

-

-

-

-

-

-

-

-

-

28.81

28.45

25.20

23.69

24.04

25.16

26.40

25.71

26.96

30.49

33.87

43.82

39.73

43.35

35.30

36.91

36.51

33.29

42.40

-

-

-

-

225.33

188.62

194.95

203.38

-

-

127.67

81.87

92.95

97.25

54.72

54.27

81.14

104.23

101.66

98.20

63.49

60.39

75.08

47.29

47.59

47.21

59.85

63.87

63.64

61.12

59.71

72.34

69.36

70.05

75.77

72.46

68.66

66.77

59.37

55.48

45.68

44.35

40.31

42.76

55.23

54.54

48.05

-

-

-

44.62

49.19

118.54

-

-

-

-

-

-

53.61

62.41

60.27

P/LTM Normalized EPS

28.62

28.96

27.81

24.64

27.53

27.74

25.77

26.07

28.62

31.60

31.51

30.38

30.36

26.65

24.51

23.58

25.80

25.31

29.00

31.26

36.61

36.50

40.16

38.80

44.11

41.58

36.63

35.51

29.70

30.24

42.40

45.08

43.74

48.22

48.76

49.51

62.25

60.59

63.71

63.20

62.31

54.97

47.18

62.25

-

-

-

-

-

-

-

-

-

-

-

-

54.39

57.72

50.75

45.90

43.26

51.22

55.06

48.65

46.17

38.99

36.03

37.14

36.98

33.69

33.92

35.76

32.52

33.49

33.36

35.11

35.82

48.49

45.78

48.30

46.94

53.34

51.34

46.88

38.92

38.44

34.05

32.00

32.48

32.72

34.26

33.36

34.98

39.56

43.96

39.28

35.61

38.86

31.64

33.08

32.72

29.83

27.97

23.76

24.69

26.29

27.11

23.93

20.03

20.70

21.60

22.43

25.93

24.44

24.79

28.14

29.44

30.43

30.18

33.61

27.11

26.44

25.54

24.02

22.85

22.56

24.13

24.29

24.09

24.98

26.66

25.53

24.52

23.96

29.02

32.36

32.68

32.49

34.33

32.53

31.63

33.38

31.20

38.84

37.71

34.27

36.36

36.69

36.23

33.20

34.59

31.06

29.84

31.87

35.14

33.90

31.10

26.34

24.96

25.84

29.48

24.87

39.82

46.36

45.83

P/LTM EPS

25.26

25.57

24.55

21.75

24.31

24.49

22.75

23.02

25.79

28.48

28.40

27.38

28.41

24.95

22.94

22.07

24.15

23.69

26.33

28.39

34.65

34.56

38.02

36.73

42.99

40.52

35.70

34.61

28.94

29.47

41.77

44.42

43.10

47.51

48.05

48.78

60.63

59.02

62.06

61.57

60.70

53.54

57.21

75.50

-

-

-

-

-

-

-

-

-

-

-

-

30.79

32.67

28.73

25.98

28.60

33.86

36.40

32.16

30.52

25.77

27.77

33.69

33.55

30.56

30.77

32.44

28.88

29.74

29.63

31.18

31.81

43.06

40.65

42.89

41.68

47.37

45.59

41.63

35.67

35.22

31.20

29.33

29.77

29.99

31.24

30.42

31.90

36.07

40.08

33.91

30.74

33.54

27.31

28.56

28.25

25.75

24.14

21.16

21.98

23.41

24.14

21.81

18.26

18.87

19.69

20.64

23.86

22.50

22.91

26.01

27.21

27.60

27.37

30.49

24.27

23.68

22.87

21.94

20.87

20.61

21.99

22.13

21.95

22.56

24.07

22.40

21.51

21.01

25.46

28.74

29.02

28.85

29.79

28.23

27.45

29.06

27.16

35.48

34.45

31.30

33.21

31.84

31.44

28.81

29.93

26.88

25.82

27.66

30.49

29.22

27.90

23.63

22.39

23.18

26.64

22.47

38.09

44.35

43.83

P/BV

4.83

4.89

4.69

4.16

4.65

4.68

4.35

4.40

4.49

4.96

4.94

4.77

4.72

4.15

3.81

3.67

4.01

3.94

4.38

4.72

4.63

4.62

5.08

4.91

5.13

4.84

4.26

4.13

3.46

3.52

3.95

4.20

4.07

4.49

4.54

4.61

4.70

4.58

4.81

4.77

4.71

4.15

4.44

5.85

5.62

5.15

4.61

4.63

4.95

5.12

5.49

4.13

3.26

3.24

3.26

3.21

2.65

2.82

2.48

2.24

2.51

2.97

3.20

2.82

2.68

2.26

2.20

2.40

2.39

2.18

2.20

2.32

2.41

2.48

2.47

2.60

2.66

3.60

3.39

3.58

3.48

3.95

3.81

3.48

3.24

3.20

2.83

2.66

2.70

2.72

2.82

2.75

2.88

3.26

3.62

3.33

3.02

3.29

2.68

2.80

2.77

2.53

2.37

2.27

2.36

2.51

2.59

2.67

2.23

2.31

2.41

2.75

3.18

3.00

3.00

3.41

3.57

4.15

4.11

4.58

4.39

4.28

4.14

4.64

4.42

4.36

4.71

4.74

4.71

5.27

5.62

5.88

5.65

5.52

6.68

7.79

7.87

7.82

7.75

7.34

7.14

7.84

7.32

9.49

9.21

8.37

8.88

8.50

8.40

7.69

7.64

6.86

6.59

6.61

7.29

6.99

6.33

5.36

5.08

5.26

5.77

4.77

7.93

9.24

9.13

P/Tangible BV

6.17

6.25

6.00

5.32

5.94

5.98

5.56

5.62

5.75

6.35

6.34

6.11

6.18

5.43

4.99

4.80

5.26

5.16

5.73

6.18

6.05

6.03

6.64

6.41

6.91

6.51

5.74

5.56

4.65

4.74

5.38

5.72

5.55

6.12

6.19

6.28

6.60

6.43

6.76

6.71

6.61

5.83

6.23

8.22

7.95

7.29

6.52

6.55

7.14

7.39

7.92

5.95

4.71

4.67

4.70

4.62

3.71

3.94

3.46

3.13

3.51

4.15

4.47

3.95

3.75

3.16

3.08

3.53

3.52

3.21

3.23

3.40

3.57

3.67

3.66

3.85

3.93

5.32

5.02

5.30

5.15

5.85

5.63

5.14

4.80

4.74

4.20

3.95

4.01

4.04

4.00

3.90

4.09

4.62

5.14

4.84

4.39

4.79

3.90

4.08

4.03

3.68

3.45

3.24

3.36

3.58

3.69

3.85

3.23

3.33

3.48

4.01

4.64

4.37

4.32

4.91

5.13

6.00

5.95

6.62

6.56

6.39

6.18

7.13

6.78

6.69

7.06

7.11

7.05

7.84

8.37

9.08

8.72

8.51

10.32

12.32

12.45

12.37

12.03

11.40

11.08

12.60

11.78

16.24

15.77

14.33

15.20

14.80

14.62

13.39

13.65

12.26

11.78

12.52

13.81

13.23

13.32

11.28

10.69

11.07

13.07

10.82

27.85

32.42

32.04

TEV/LTM Total Revenue

4.13

4.18

4.03

3.61

3.99

4.02

3.76

3.80

4.07

4.45

4.44

4.30

4.08

3.63

3.37

3.26

3.53

3.47

3.81

4.07

4.22

4.21

4.59

4.45

4.90

4.65

4.16

4.04

3.46

3.52

4.19

4.42

4.31

4.69

4.74

4.80

5.28

5.16

5.39

5.35

5.29

4.75

5.03

6.40

7.58

7.03

6.40

6.42

6.31

6.49

6.88

5.44

4.53

4.50

4.52

4.47

3.32

3.47

3.16

2.94

3.22

3.64

3.84

3.51

3.37

2.99

2.96

2.30

2.30

2.10

2.11

2.22

2.37

2.44

2.43

2.56

2.61

3.50

3.31

3.45

3.35

3.80

3.66

3.35

2.98

2.94

2.62

2.46

2.50

2.52

2.73

2.66

2.79

3.15

3.50

3.02

2.75

2.99

2.45

2.56

2.53

2.31

2.17

2.01

2.09

2.22

2.29

2.29

1.93

1.99

2.07

2.32

2.67

2.52

2.54

2.89

3.02

3.45

3.42

3.82

3.43

3.34

3.23

3.43

3.27

3.22

3.56

3.58

3.55

3.87

4.13

4.09

3.92

3.83

4.66

5.30

5.35

5.32

5.54

5.24

5.09

5.42

5.06

6.30

6.11

5.55

5.89

5.75

5.68

5.20

5.32

4.77

4.59

4.71

5.20

4.98

4.39

3.72

3.53

3.65

4.02

3.40

4.98

5.76

5.57

Market Cap/LTM Total Revenue

3.75

3.80

3.65

3.23

3.61

3.64

3.38

3.42

3.66

4.04

4.03

3.89

3.65

3.20

2.95

2.83

3.10

3.04

3.38

3.65

3.84

3.83

4.21

4.07

4.40

4.15

3.65

3.54

2.96

3.02

3.65

3.88

3.77

4.15

4.20

4.27

4.54

4.42

4.64

4.61

4.54

4.01

4.28

5.65

6.56

6.02

5.38

5.41

5.22

5.41

5.79

4.36

3.44

3.42

3.44

3.38

2.44

2.59

2.28

2.06

2.29

2.71

2.92

2.58

2.45

2.07

2.02

2.20

2.19

2.00

2.01

2.12

2.29

2.36

2.35

2.48

2.53

3.42

3.23

3.41

3.31

3.76

3.62

3.31

2.90

2.87

2.54

2.39

2.42

2.44

2.73

2.66

2.79

3.15

3.50

2.94

2.67

2.91

2.37

2.48

2.45

2.23

2.09

1.97

2.05

2.18

2.25

2.23

1.87

1.93

2.01

2.25

2.60

2.45

2.57

2.92

3.05

3.50

3.47

3.87

3.45

3.36

3.25

3.43

3.26

3.22

3.65

3.67

3.64

3.95

4.21

4.17

4.01

3.91

4.74

5.35

5.40

5.37

5.64

5.34

5.20

5.51

5.15

6.36

6.18

5.61

5.95

5.78

5.71

5.23

5.36

4.81

4.63

4.72

5.20

4.98

4.34

3.67

3.48

3.60

3.96

3.34

4.78

5.56

5.37

TEV/LTM EBITDA

11.63

11.76

11.33

10.16

11.23

11.31

10.58

10.69

11.28

12.34

12.30

11.90

11.61

10.34

9.60

9.29

10.05

9.88

11.03

11.79

12.54

12.50

13.64

13.22

14.46

13.71

12.26

11.93

10.22

10.38

12.40

13.09

12.74

13.89

14.03

14.22

15.72

15.36

16.04

15.93

15.73

14.14

13.79

17.54

23.91

22.19

20.19

20.26

22.20

22.86

24.21

19.15

15.95

15.85

15.93

15.73

11.02

11.51

10.48

9.75

10.49

11.86

12.53

11.42

10.99

9.75

9.49

13.59

13.53

12.38

12.46

13.11

12.81

13.18

13.13

13.80

14.07

18.89

17.86

18.60

18.08

20.52

19.76

18.06

15.91

15.72

13.97

13.16

13.35

13.53

13.66

13.30

13.95

15.78

17.53

14.77

13.42

14.61

11.97

12.50

12.37

11.31

10.65

9.06

9.40

10.00

10.31

9.66

8.12

8.39

8.74

9.48

10.91

10.32

10.27

11.68

12.23

13.00

12.89

14.65

12.40

12.09

11.68

11.59

11.02

10.89

11.55

11.63

11.53

12.26

13.10

12.81

12.29

12.00

14.60

16.46

16.62

16.54

17.40

16.47

16.01

17.19

16.05

20.18

19.59

17.78

18.88

18.88

18.65

17.11

17.66

15.84

15.22

16.03

17.68

17.13

15.78

13.40

12.70

13.15

15.01

12.71

19.73

22.84

22.08

TEV/LTM EBIT

18.20

18.40

17.74

15.91

17.58

17.70

16.56

16.73

18.14

19.84

19.79

19.14

19.18

17.09

15.87

15.35

16.60

16.32

18.42

19.70

22.82

22.76

24.84

24.07

27.46

26.04

23.28

22.65

19.40

19.71

26.46

27.92

27.19

29.62

29.92

30.32

38.24

37.37

39.02

38.75

38.28

34.40

30.15

38.36

134.92

125.21

113.91

114.49

223.85

230.47

244.13

193.13

160.80

159.80

160.59

158.59

34.89

36.46

33.17

30.90

32.44

36.69

38.74

35.32

34.00

30.16

29.27

22.35

22.26

20.36

20.50

21.55

20.59

21.18

21.10

22.17

22.60

30.36

28.69

29.89

29.06

32.97

31.75

29.02

24.01

23.72

21.08

19.85

20.14

20.29

20.17

19.63

20.59

23.28

25.87

23.39

21.27

23.15

18.97

19.80

19.59

17.92

16.84

14.18

14.72

15.66

16.14

14.18

11.93

12.32

12.84

13.55

15.59

14.73

14.40

16.37

17.13

17.49

17.35

19.35

16.11

15.71

15.17

14.51

13.81

13.63

14.16

14.25

14.13

14.77

15.79

15.12

14.51

14.17

17.23

19.33

19.52

19.40

20.40

19.31

18.77

20.09

18.76

23.36

22.67

20.58

21.85

22.05

21.77

19.94

20.60

18.48

17.75

19.04

20.99

20.24

18.81

15.96

15.13

15.66

18.22

15.41

24.61

28.49

27.55

Margin Analysis

Gross Margin

80.16

80.16

80.16

80.16

80.16

80.16

80.16

80.16

80.30

80.44

80.44

80.44

80.25

80.25

80.25

80.05

80.05

80.05

79.47

79.47

79.47

78.85

78.85

78.85

78.10

78.10

78.10

77.27

77.27

77.27

76.53

76.53

76.53

75.69

75.69

75.69

74.71

74.71

74.71

73.61

73.61

73.61

72.87

72.87

72.87

71.96

71.96

71.96

71.72

71.72

71.72

71.50

71.50

71.50

71.73

71.73

71.73

71.91

71.91

71.91

71.88

71.88

71.88

71.85

71.85

71.85

71.93

71.93

71.93

72.01

72.01

72.01

74.08

74.08

74.08

74.08

74.08

74.08

74.08

74.08

74.08

74.08

74.08

74.08

72.80

72.80

72.80

72.80

72.80

72.34

72.34

72.34

71.89

71.89

71.89

71.56

71.56

71.56

72.12

72.12

72.12

72.30

72.30

72.30

72.37

72.37

72.37

72.62

72.62

72.62

72.62

72.25

72.25

71.50

71.50

71.50

71.50

71.81

71.81

72.29

72.29

72.29

73.08

73.08

73.08

73.92

73.92

73.92

73.83

73.83

73.83

73.61

73.61

73.61

72.97

72.97

72.97

72.39

72.39

72.39

72.08

72.08

72.08

71.95

71.95

71.95

71.73

71.73

71.73

71.39

71.39

71.39

71.53

71.53

71.53

70.90

70.90

70.90

70.36

70.36

70.36

69.62

69.62

69.62

67.81

SG&A Margin

54.29

54.29

54.29

54.29

54.29

54.29

54.29

54.29

54.54

54.80

54.80

54.80

54.49

54.49

54.49

55.69

55.69

55.69

56.36

56.36

56.36

55.45

55.45

55.45

56.37

56.37

56.37

57.39

57.39

57.39

57.54

57.54

57.54

57.71

57.71

57.71

57.34

57.34

57.34

56.92

56.92

56.92

59.25

59.25

59.25

62.12

62.12

62.12

63.22

63.22

63.22

64.24

64.24

64.24

61.03

61.03

61.03

58.45

58.45

58.45

58.21

58.21

58.21

57.97

57.97

57.97

57.84

57.84

57.84

57.71

57.71

57.71

58.30

58.30

58.30

58.30

58.30

58.30

58.30

58.30

58.30

58.30

58.30

58.30

56.31

56.31

56.31

56.31

56.31

55.38

55.38

55.38

54.47

54.47

54.47

54.06

54.06

54.06

55.27

55.27

55.27

53.56

53.56

53.56

54.41

54.41

54.41

52.77

52.77

52.77

52.77

51.46

51.46

50.14

50.14

50.14

50.14

48.34

48.34

47.31

47.31

47.31

45.74

45.74

45.74

45.16

45.16

45.16

44.03

44.03

44.03

43.00

43.00

43.00

42.07

42.07

42.07

41.90

41.90

41.90

41.72

41.72

41.72

41.68

41.68

41.68

42.14

42.14

42.14

41.85

41.85

41.85

42.88

42.88

42.88

42.99

42.99

42.99

43.41

43.41

43.41

44.54

44.54

44.54

42.33

EBITDA Margin

27.10

27.10

27.10

27.10

27.10

27.10

27.10

27.10

27.04

26.68

26.68

26.68

26.96

26.96

26.96

25.16

25.16

25.16

24.07

24.07

24.07

25.15

25.15

25.15

23.68

23.68

23.68

22.05

22.05

22.05

21.29

21.29

21.29

20.43

20.43

20.43

19.87

19.87

19.87

19.24

19.24

19.24

16.91

16.91

16.91

14.03

14.03

14.03

12.77

12.77

12.77

11.59

11.59

11.59

14.26

14.26

14.26

16.41

16.41

16.41

16.60

16.60

16.60

16.80

16.80

16.80

17.05

17.05

17.05

17.31

17.31

17.31

18.79

18.79

18.79

18.79

18.79

18.79

18.79

18.79

18.79

18.79

18.79

18.79

19.11

19.11

19.11

19.11

19.11

19.66

19.66

19.66

20.20

20.20

20.20

20.70

20.70

20.70

20.77

20.77

20.77

22.76

22.76

22.76

22.36

22.36

22.36

23.72

23.72

23.72

23.72

24.76

24.76

24.72

24.72

24.72

24.72

26.74

26.74

27.85

27.85

27.85

29.72

29.72

29.72

30.84

30.84

30.84

31.55

31.55

31.55

32.05

32.05

32.05

32.24

32.24

32.24

31.84

31.84

31.84

31.54

31.54

31.54

31.25

31.25

31.25

30.41

30.41

30.41

30.04

30.04

30.04

29.25

29.25

29.25

28.57

28.57

28.57

27.43

27.43

27.43

25.83

25.83

25.83

25.75

EBIT Margin

22.70

22.70

22.70

22.70

22.70

22.70

22.70

22.70

22.58

22.45

22.45

22.45

22.61

22.61

22.61

21.25

21.25

21.25

19.91

19.91

19.91

20.13

20.13

20.13

18.50

18.50

18.50

16.69

16.69

16.69

15.68

15.68

15.68

14.55

14.55

14.55

13.78

13.78

13.78

12.91

12.91

12.91

9.64

9.64

9.64

5.62

5.62

5.62

4.17

4.17

4.17

2.82

2.82

2.82

6.53

6.53

6.53

9.52

9.52

9.52

9.72

9.72

9.72

9.92

9.92

9.92

10.12

10.12

10.12

10.31

10.31

10.31

11.53

11.53

11.53

11.53

11.53

11.53

11.53

11.53

11.53

11.53

11.53

11.53

12.41

12.41

12.41

12.41

12.41

12.98

12.98

12.98

13.54

13.54

13.54

13.54

13.54

13.54

12.92

12.92

12.92

14.84

14.84

14.84

14.17

14.17

14.17

16.15

16.15

16.15

16.15

17.14

17.14

17.64

17.64

17.64

17.64

19.74

19.74

21.27

21.27

21.27

23.65

23.65

23.65

25.12

25.12

25.12

26.18

26.18

26.18

27.02

27.02

27.02

27.40

27.40

27.40

27.12

27.12

27.12

26.98

26.98

26.98

26.83

26.83

26.83

25.95

25.95

25.95

25.69

25.69

25.69

24.61

24.61

24.61

23.75

23.75

23.75

22.53

22.53

22.53

20.49

20.49

20.49

20.74

Earnings from Cont. Ops Margin

14.92

14.92

14.92

14.92

14.92

14.92

14.92

14.92

14.60

14.25

14.25

14.25

13.61

13.61

13.61

12.94

12.94

12.94

12.09

12.09

12.09

11.17

11.17

11.17

10.76

10.76

10.76

10.29

10.29

10.29

9.57

9.57

9.57

8.77

8.77

8.77

8.20

8.20

8.20

7.57

7.57

7.57

3.17

3.17

3.17

-2.24

-2.24

-2.24

-2.68

-2.68

-2.68

-3.09

-3.09

-3.09

3.05

3.05

3.05

7.99

7.99

7.99

8.05

8.05

8.05

8.10

8.10

8.10

7.37

7.37

7.37

6.63

6.63

6.63

7.95

7.95

7.95

7.95

7.95

7.95

7.95

7.95

7.95

7.95

7.95

7.95

8.23

8.23

8.23

8.23

8.23

8.58

8.58

8.58

8.93

8.93

8.93

9.29

9.29

9.29

8.76

8.76

8.76

9.88

9.88

9.88

9.40

9.40

9.40

10.36

10.36

10.36

10.36

11.03

11.03

11.39

11.39

11.39

11.39

12.93

12.93

14.47

14.47

14.47

15.95

15.95

15.95

16.90

16.90

16.90

17.78

17.78

17.78

18.89

18.89

18.89

18.89

18.89

18.89

19.21

19.21

19.21

19.21

19.21

19.21

18.15

18.15

18.15

18.34

18.34

18.34

18.04

18.04

18.04

17.08

17.08

17.08

15.53

15.53

15.53

14.74

14.74

14.74

12.73

12.73

12.73

12.39

Net Income Margin

14.86

14.86

14.86

14.86

14.86

14.86

14.86

14.86

14.54

14.20

14.20

14.20

13.53

13.53

13.53

12.84

12.84

12.84

11.99

11.99

11.99

11.07

11.07

11.07

10.68

10.68

10.68

10.23

10.23

10.23

9.53

9.53

9.53

8.74

8.74

8.74

8.15

8.15

8.15

7.48

7.48

7.48

3.13

3.13

3.13

-2.23

-2.23

-2.23

-2.66

-2.66

-2.66

-3.06

-3.06

-3.06

3.03

3.03

3.03

7.93

7.93

7.93

7.97

7.97

7.97

8.02

8.02

8.02

7.28

7.28

7.28

6.54

6.54

6.54

7.94

7.94

7.94

7.94

7.94

7.94

7.94

7.94

7.94

7.94

7.94

7.94

8.14

8.14

8.14

8.14

8.14

8.44

8.44

8.44

8.74

8.74

8.74

9.18

9.18

9.18

8.67

8.67

8.67

9.81

9.81

9.81

9.33

9.33

9.33

10.23

10.23

10.23

10.23

10.88

10.88

11.22

11.22

11.22

11.22

12.69

12.69

14.21

14.21

14.21

15.63

15.63

15.63

16.61

16.61

16.61

17.50

17.50

17.50

18.62

18.62

18.62

18.62

18.62

18.62

18.93

18.93

18.93

18.98

18.98

18.98

17.93

17.93

17.93

18.15

18.15

18.15

17.85

17.85

17.85

16.90

16.90

16.90

15.37

15.37

15.37

14.58

14.58

14.58

12.58

12.58

12.58

12.26

Levered Free Cash Flow Margin

13.81

13.81

13.81

13.81

13.81

13.81

13.81

13.81

13.73

7.26

7.26

7.26

12.16

12.16

12.16

17.99

17.99

17.99

18.07

18.07

18.07

22.83

22.83

22.83

22.21

22.21

22.21

22.34

22.34

22.34

22.35

22.35

22.35

27.61

27.61

27.61

29.39

29.39

29.39

26.02

26.02

26.02

26.87

26.87

26.87

24.44

24.44

24.44

22.22

22.22

22.22

20.48

20.48

20.48

18.29

18.29

18.29

13.08

13.08

13.08

-

-

-

-

-

-

-

-

-

1.93

1.93

1.93

-

-

-

-

-

-

-

-

-

-

-

-

10.07

10.07

10.07

10.07

10.07

10.30

10.30

10.30

10.34

10.34

10.34

7.73

7.73

7.73

6.71

6.71

6.71

-0.40

-0.40

-0.40

-4.17

-4.17

-4.17

0.99

0.99

0.99

0.99

-1.70

-1.70

3.14

3.14

3.14

3.14

6.40

6.40

2.55

2.55

2.55

5.40

5.40

5.40

6.89

6.89

6.89

6.60

6.60

6.60

6.60

6.60

6.60

7.71

7.71

7.71

7.78

7.78

7.78

9.29

9.29

9.29

13.84

13.84

13.84

10.32

10.32

10.32

-

-

-

10.40

10.40

10.40

-

-

-

-

-

-

-

-

-

9.12

Unlevered Free Cash Flow Margin

14.66

14.66

14.66

14.66

14.66

14.66

14.66

14.66

14.73

8.28

8.28

8.28

13.11

13.11

13.11

18.85

18.85

18.85

18.86

18.86

18.86

23.53

23.53

23.53

22.92

22.92

22.92

23.06

23.06

23.06

23.13

23.13

23.13

28.46

28.46

28.46

30.31

30.31

30.31

27.02

27.02

27.02

28.04

28.04

28.04

25.80

25.80

25.80

23.61

23.61

23.61

21.89

21.89

21.89

19.55

19.55

19.55

14.23

14.23

14.23

-

-

-

-

-

-

-

-

-

2.20

2.20

2.20

-

-

-

-

-

-

-

-

-

-

-

-

10.35

10.35

10.35

10.35

10.35

10.58

10.58

10.58

10.62

10.62

10.62

8.01

8.01

8.01

6.99

6.99

6.99

-0.13

-0.13

-0.13

-3.91

-3.91

-3.91

1.24

1.24

1.24

1.24

-1.45

-1.45

3.38

3.38

3.38

3.38

6.63

6.63

2.76

2.76

2.76

5.60

5.60

5.60

7.09

7.09

7.09

6.76

6.76

6.76

6.78

6.78

6.78

7.91

7.91

7.91

8.00

8.00

8.00

9.53

9.53

9.53

14.10

14.10

14.10

10.61

10.61

10.61

-

-

-

10.82

10.82

10.82

-

-

-

-

-

-

-

-

-

9.67

Margin Analysis

Total Revenue

-
-
-
-
-
-
-
-

HKD$ 42562.07

-
-

HKD$ 41227.42

-
-

HKD$ 40060.07

-
-

HKD$ 39236.64

-
-

HKD$ 38413.22

-
-

HKD$ 37008.63

-
-

HKD$ 35604.03

-
-

HKD$ 33760.24

-
-

HKD$ 31916.46

-
-

HKD$ 30221.57

-
-

HKD$ 28526.69

-
-

HKD$ 26918.07

-
-

HKD$ 25309.45

-
-

HKD$ 22922.04

-
-

HKD$ 20534.63

-
-

HKD$ 21256.72

-
-

HKD$ 21978.81

-
-

HKD$ 24659.13

-
-

HKD$ 27339.46

-
-

HKD$ 27133.29

-
-

HKD$ 26927.12

-
-

HKD$ 26779.65

-
-

HKD$ 26632.19

-
-
-
-
-
-
-
-
-
-
-

HKD$ 25345.03

-
-
-
-

HKD$ 26262.51

-
-

HKD$ 26625.01

-
-

HKD$ 26987.50

-
-

HKD$ 28261.23

-
-

HKD$ 27779.49

-
-

HKD$ 29637.03

-
-

HKD$ 30070.16

-
-

HKD$ 30362.12

-
-

HKD$ 30723.16

-
-

HKD$ 30531.02

-
-

HKD$ 30103.43

-
-

HKD$ 30201.52

-
-

HKD$ 30602.66

-
-

HKD$ 30367.00

-
-

HKD$ 30405.60

-
-

HKD$ 29953.42

-
-

HKD$ 29478.04

-
-

HKD$ 28756.48

-
-

HKD$ 27946.54

-
-

HKD$ 26822.05

-
-

HKD$ 25162.06

-
-

HKD$ 23546.15

-
-

HKD$ 21660.78

-
-

HKD$ 20270.00

-
-

HKD$ 19023.38

-

Profitability

Return on Equity

20.18 %

20.18 %

20.18 %

20.18 %

20.18 %

20.18 %

20.18 %

20.18 %

19.12 %

18.25 %

18.25 %

18.25 %

17.07 %

17.07 %

17.07 %

17.34 %

17.34 %

17.34 %

15.60 %

15.60 %

15.60 %

14.15 %

14.15 %

14.15 %

12.92 %

12.92 %

12.92 %

12.63 %

12.63 %

12.63 %

11.12 %

11.12 %

11.12 %

9.87 %

9.87 %

9.87 %

8.71 %

8.71 %

8.71 %

8.00 %

8.00 %

8.00 %

3.04 %

3.04 %

3.04 %

-1.86 %

-1.86 %

-1.86 %

-2.30 %

-2.30 %

-2.30 %

-2.83 %

-2.83 %

-2.83 %

3.13 %

3.13 %

3.13 %

8.76 %

8.76 %

8.76 %

-

-

-

-

-

-

-

-

-

7.22 %

7.22 %

7.22 %

-

-

-

-

-

-

-

-

-

-

-

-

8.92 %

8.92 %

8.92 %

8.92 %

8.92 %

9.44 %

9.44 %

9.44 %

9.16 %

9.16 %

9.16 %

10.13 %

10.13 %

10.13 %

9.74 %

9.74 %

9.74 %

11.49 %

11.49 %

11.49 %

10.90 %

10.90 %

10.90 %

12.74 %

12.74 %

12.74 %

12.74 %

14.12 %

14.12 %

13.92 %

13.92 %

13.92 %

13.92 %

16.06 %

16.06 %

19.32 %

19.32 %

19.32 %

22.66 %

22.66 %

22.66 %

22.95 %

22.95 %

22.95 %

25.35 %

25.35 %

25.35 %

28.68 %

28.68 %

28.68 %

29.66 %

29.66 %

29.66 %

29.36 %

29.36 %

29.36 %

30.44 %

30.44 %

30.44 %

30.40 %

30.40 %

30.40 %

30.47 %

30.47 %

30.47 %

31.63 %

31.63 %

31.63 %

28.70 %

28.70 %

28.70 %

-

-

-

-

-

-

-

-

-

22.37 %

Return on Assets

9.56 %

9.56 %

9.56 %

9.56 %

9.56 %

9.56 %

9.56 %

9.56 %

9.21 %

8.85 %

8.85 %

8.85 %

8.73 %

8.73 %

8.73 %

8.48 %

8.48 %

8.48 %

7.66 %

7.66 %

7.66 %

7.37 %

7.37 %

7.37 %

6.43 %

6.43 %

6.43 %

5.82 %

5.82 %

5.82 %

5.18 %

5.18 %

5.18 %

4.54 %

4.54 %

4.54 %

4.06 %

4.06 %

4.06 %

3.61 %

3.61 %

3.61 %

2.44 %

2.44 %

2.44 %

1.25 %

1.25 %

1.25 %

0.96 %

0.96 %

0.96 %

0.67 %

0.67 %

0.67 %

1.73 %

1.73 %

1.73 %

3.27 %

3.27 %

3.27 %

-

-

-

-

-

-

-

-

-

4.30 %

4.30 %

4.30 %

-

-

-

-

-

-

-

-

-

-

-

-

5.22 %

5.22 %

5.22 %

5.22 %

5.22 %

5.54 %

5.54 %

5.54 %

5.73 %

5.73 %

5.73 %

6.06 %

6.06 %

6.06 %

5.58 %

5.58 %

5.58 %

6.90 %

6.90 %

6.90 %

6.62 %

6.62 %

6.62 %

8.08 %

8.08 %

8.08 %

8.08 %

8.61 %

8.61 %

9.05 %

9.05 %

9.05 %

9.05 %

10.16 %

10.16 %

11.76 %

11.76 %

11.76 %

13.77 %

13.77 %

13.77 %

14.84 %

14.84 %

14.84 %

16.14 %

16.14 %

16.14 %

17.11 %

17.11 %

17.11 %

17.83 %

17.83 %

17.83 %

17.47 %

17.47 %

17.47 %

17.57 %

17.57 %

17.57 %

17.90 %

17.90 %

17.90 %

16.42 %

16.42 %

16.42 %

-

-

-

14.81 %

14.81 %

14.81 %

-

-

-

-

-

-

-

-

-

11.76 %

Return on Capital

11.29 %

11.29 %

11.29 %

11.29 %

11.29 %

11.29 %

11.29 %

11.29 %

10.87 %

10.48 %

10.48 %

10.48 %

10.34 %

10.34 %

10.34 %

9.94 %

9.94 %

9.94 %

8.98 %

8.98 %

8.98 %

8.74 %

8.74 %

8.74 %

7.62 %

7.62 %

7.62 %

6.76 %

6.76 %

6.76 %

6.01 %

6.01 %

6.01 %

5.25 %

5.25 %

5.25 %

4.69 %

4.69 %

4.69 %

4.08 %

4.08 %

4.08 %

2.76 %

2.76 %

2.76 %

1.42 %

1.42 %

1.42 %

1.09 %

1.09 %

1.09 %

0.74 %

0.74 %

0.74 %

1.94 %

1.94 %