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Smart Globe Holdings

SEHK:8485
Snowflake Description

Undervalued with solid track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
8485
SEHK
HK$95M
Market Cap
  1. Home
  2. HK
  3. Commercial Services
Company description

Smart Globe Holdings Limited, an investment holding company, produces, distributes, and prints books, novelty, and packaging products in the United States, the United Kingdom, the Netherlands, the People's Republic of China, Belgium, Hong Kong, and internationally. The last earnings update was 22 days ago. More info.


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8485 Share Price and Events
7 Day Returns
5.3%
SEHK:8485
-0.4%
HK Commercial Services
-1.8%
HK Market
1 Year Returns
28.2%
SEHK:8485
27.3%
HK Commercial Services
-2.8%
HK Market
8485 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Smart Globe Holdings (8485) 5.3% 12.4% 20.5% 28.2% - -
HK Commercial Services -0.4% -3.2% 7.6% 27.3% -32.5% -51.2%
HK Market -1.8% -4.6% -1% -2.8% 4.1% -2.9%
1 Year Return vs Industry and Market
  • 8485 matched the Commercial Services industry (27.3%) over the past year.
  • 8485 outperformed the Market in Hong Kong which returned -2.8% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

Value

 Is Smart Globe Holdings undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Smart Globe Holdings to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Smart Globe Holdings.

SEHK:8485 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 6.4%
Perpetual Growth Rate 10-Year HK Government Bond Rate 1.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for SEHK:8485
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year HK Govt Bond Rate 1.6%
Equity Risk Premium S&P Global 6.1%
Commercial Services Unlevered Beta Simply Wall St/ S&P Global 0.66
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.66 (1 + (1- 25%) (8.84%))
0.802
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.55% + (0.802 * 6.07%)
6.42%

Discounted Cash Flow Calculation for SEHK:8485 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Smart Globe Holdings is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

SEHK:8485 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (HKD, Millions) Source Present Value
Discounted (@ 6.42%)
2020 14.68 Est @ 18.44% 13.79
2021 16.64 Est @ 13.37% 14.70
2022 18.28 Est @ 9.83% 15.17
2023 19.62 Est @ 7.34% 15.30
2024 20.72 Est @ 5.6% 15.18
2025 21.63 Est @ 4.39% 14.89
2026 22.39 Est @ 3.54% 14.49
2027 23.05 Est @ 2.94% 14.02
2028 23.63 Est @ 2.52% 13.50
2029 24.16 Est @ 2.23% 12.97
Present value of next 10 years cash flows HK$144.00
SEHK:8485 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= HK$24.16 × (1 + 1.55%) ÷ (6.42% – 1.55%)
HK$504.25
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= HK$504.25 ÷ (1 + 6.42%)10
HK$270.76
SEHK:8485 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= HK$144.00 + HK$270.76
HK$414.76
Equity Value per Share
(HKD)
= Total value / Shares Outstanding
= HK$414.76 / 1,000.00
HK$0.41
SEHK:8485 Discount to Share Price
Calculation Result
Value per share (HKD) From above. HK$0.41
Current discount Discount to share price of HK$0.10
= -1 x (HK$0.10 - HK$0.41) / HK$0.41
75.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Smart Globe Holdings is available for.
Intrinsic value
>50%
Share price is HK$0.1 vs Future cash flow value of HK$0.41476
Current Discount Checks
For Smart Globe Holdings to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Smart Globe Holdings's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Smart Globe Holdings's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Smart Globe Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Smart Globe Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:8485 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in HKD HK$0.02
SEHK:8485 Share Price ** SEHK (2019-12-06) in HKD HK$0.1
Hong Kong Commercial Services Industry PE Ratio Median Figure of 53 Publicly-Listed Commercial Services Companies 12.56x
Hong Kong Market PE Ratio Median Figure of 1,470 Publicly-Listed Companies 10.13x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Smart Globe Holdings.

SEHK:8485 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:8485 Share Price ÷ EPS (both in HKD)

= 0.1 ÷ 0.02

4.5x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Smart Globe Holdings is good value based on earnings compared to the HK Commercial Services industry average.
  • Smart Globe Holdings is good value based on earnings compared to the Hong Kong market.
Price based on expected Growth
Does Smart Globe Holdings's expected growth come at a high price?
Raw Data
SEHK:8485 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 4.5x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Hong Kong Commercial Services Industry PEG Ratio Median Figure of 7 Publicly-Listed Commercial Services Companies 0.83x
Hong Kong Market PEG Ratio Median Figure of 479 Publicly-Listed Companies 0.73x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Smart Globe Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Smart Globe Holdings's assets?
Raw Data
SEHK:8485 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in HKD HK$0.10
SEHK:8485 Share Price * SEHK (2019-12-06) in HKD HK$0.1
Hong Kong Commercial Services Industry PB Ratio Median Figure of 70 Publicly-Listed Commercial Services Companies 1.11x
Hong Kong Market PB Ratio Median Figure of 2,203 Publicly-Listed Companies 0.81x
SEHK:8485 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:8485 Share Price ÷ Book Value per Share (both in HKD)

= 0.1 ÷ 0.10

0.97x

* Primary Listing of Smart Globe Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Smart Globe Holdings is good value based on assets compared to the HK Commercial Services industry average.
X
Value checks
We assess Smart Globe Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Commercial Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Commercial Services industry average (and greater than 0)? (1 check)
  5. Smart Globe Holdings has a total score of 5/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Smart Globe Holdings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Smart Globe Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
26.2%
Expected Commercial Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Smart Globe Holdings expected to grow at an attractive rate?
  • Unable to compare Smart Globe Holdings's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Smart Globe Holdings's earnings growth to the Hong Kong market average as no estimate data is available.
  • Unable to compare Smart Globe Holdings's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:8485 Future Growth Rates Data Sources
Data Point Source Value (per year)
Hong Kong Commercial Services Industry Earnings Growth Rate Market Cap Weighted Average 26.2%
Hong Kong Commercial Services Industry Revenue Growth Rate Market Cap Weighted Average 25.7%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.9%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 9.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SEHK:8485 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in HKD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SEHK:8485 Future Estimates Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
SEHK:8485 Past Financials Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income *
2019-09-30 139 22
2019-06-30 138 16 22
2019-03-31 129 19
2018-12-31 124 -18 18
2018-09-30 111 10
2018-06-30 117 7 5
2018-03-31 132 -3
2017-12-31 150 21 0
2017-09-30 162 5
2017-06-30 146 1 5
2017-03-31 128 12
2016-12-31 114 1 11

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Smart Globe Holdings is high growth as no earnings estimate data is available.
  • Unable to determine if Smart Globe Holdings is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SEHK:8485 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Smart Globe Holdings Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:8485 Future Estimates Data
Date (Data in HKD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
SEHK:8485 Past Financials Data
Date (Data in HKD Millions) EPS *
2019-09-30 0.02
2019-06-30 0.02
2019-03-31 0.02
2018-12-31 0.02
2018-09-30 0.01
2018-06-30 0.01
2018-03-31 0.00
2017-12-31 0.00
2017-09-30 0.01
2017-06-30 0.01
2017-03-31 0.02
2016-12-31 0.02

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Smart Globe Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether Smart Globe Holdings is trading at Smart Globe Holdings'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. Smart Globe Holdings's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Commercial Services companies here
  3. Smart Globe Holdings's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Smart Globe Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Hong Kong market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Hong Kong market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Smart Globe Holdings has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Smart Globe Holdings performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Smart Globe Holdings's growth in the last year to its industry (Commercial Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Smart Globe Holdings has delivered over 20% year on year earnings growth in the past 5 years.
  • Smart Globe Holdings's 1-year earnings growth exceeds its 5-year average (115.8% vs 38.9%)
  • Smart Globe Holdings's earnings growth has exceeded the HK Commercial Services industry average in the past year (115.8% vs 5.7%).
Earnings and Revenue History
Smart Globe Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Smart Globe Holdings Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:8485 Past Revenue, Cash Flow and Net Income Data
Date (Data in HKD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 138.89 22.25 24.04
2019-06-30 138.05 21.72 24.42
2019-03-31 128.90 18.79 23.57
2018-12-31 123.81 17.84 23.28
2018-09-30 110.67 10.31 20.92
2018-06-30 117.27 4.88 23.20
2018-03-31 131.96 -2.98 22.92
2017-12-31 150.37 -0.18 25.45
2017-09-30 161.56 4.60 29.13
2017-06-30 146.33 4.85 29.00
2017-03-31 127.51 12.42 26.94
2016-12-31 114.26 10.69 24.32
2015-12-31 67.99 7.24 6.04

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Smart Globe Holdings has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • Smart Globe Holdings used its assets more efficiently than the HK Commercial Services industry average last year based on Return on Assets.
  • Smart Globe Holdings's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Smart Globe Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Commercial Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Smart Globe Holdings has a total score of 5/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Smart Globe Holdings's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Smart Globe Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Smart Globe Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Smart Globe Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Smart Globe Holdings's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 35.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Smart Globe Holdings Company Filings, last reported 2 months ago.

SEHK:8485 Past Debt and Equity Data
Date (Data in HKD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 102.76 8.40 34.27
2019-06-30 102.76 2.71 34.27
2019-03-31 97.27 13.02 29.43
2018-12-31 97.27 7.37 29.43
2018-09-30
2018-06-30 83.61 3.05 35.73
2018-03-31 82.36 38.76 22.40
2017-12-31 82.36 27.76 22.40
2017-09-30
2017-06-30 23.92 31.24 8.07
2017-03-31 16.62 49.65 8.19
2016-12-31 16.62 33.38 8.19
2015-12-31 6.99 12.14 4.54
  • Smart Globe Holdings's level of debt (2.6%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Smart Globe Holdings's debt level has increased without past 5-year debt data.
  • Debt is well covered by operating cash flow (589.7%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 86.2x coverage).
X
Financial health checks
We assess Smart Globe Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Smart Globe Holdings has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Smart Globe Holdings's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Smart Globe Holdings dividends.
If you bought HK$2,000 of Smart Globe Holdings shares you are expected to receive HK$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Smart Globe Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Smart Globe Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SEHK:8485 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Hong Kong Commercial Services Industry Average Dividend Yield Market Cap Weighted Average of 23 Stocks 1.8%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 963 Stocks 3.8%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.3%
Hong Kong Bottom 25% Dividend Yield 25th Percentile 2.2%
Hong Kong Top 25% Dividend Yield 75th Percentile 6.3%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

SEHK:8485 Future Dividends Estimate Data
Date (Data in HK$) Dividend per Share (annual) Avg. No. Analysts

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Smart Globe Holdings has not reported any payouts.
  • Unable to verify if Smart Globe Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Smart Globe Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Smart Globe Holdings has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Smart Globe Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Smart Globe Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Smart Globe Holdings has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Smart Globe Holdings's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Derek Lam
COMPENSATION HK$408,000
AGE 48
CEO Bio

Mr. Tak Ling Lam, also known as Derek, is the Chairman of the Board and an Executive Director of Smart Globe Holdings Ltd (the "Company"). Mr. Lam is also the chief executive of the Company. Mr. Lam has more than 22 years of experience in the printing industry. He graduated from Kwun Tong Maryknoll College in June 1988. During the period from July 1994 to July 2012, he worked in HK Scanner Arts International Limited, a company principally engaged in the printing of books, as a sales Director. He joined the Group as a sales and marketing Manager in August 2012 and has been a Director of CP Printing since August 2014.

CEO Compensation
  • Derek's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Derek's remuneration is lower than average for companies of similar size in Hong Kong.
Management Team

Derek Lam

TITLE
Chairman & CEO
COMPENSATION
HK$408K
AGE
48

Yee Yeung Chan

TITLE
COO & Executive Director
COMPENSATION
HK$407K
AGE
46

Ivy Tse

TITLE
GM, Compliance Officer & Executive Director
COMPENSATION
HK$427K
AGE
48

Sum Chin Cheung

TITLE
Financial Controller & Company Secretary
AGE
33
TENURE
2.4 yrs
Board of Directors Tenure

Average tenure and age of the Smart Globe Holdings board of directors in years:

2
Average Tenure
48.5
Average Age
  • The average tenure for the Smart Globe Holdings board of directors is less than 3 years, this suggests a new board.
Board of Directors

Derek Lam

TITLE
Chairman & CEO
COMPENSATION
HK$408K
AGE
48

Yee Yeung Chan

TITLE
COO & Executive Director
COMPENSATION
HK$407K
AGE
46
TENURE
2.6 yrs

Ivy Tse

TITLE
GM, Compliance Officer & Executive Director
COMPENSATION
HK$427K
AGE
48
TENURE
2.6 yrs

Chun Hung Li

TITLE
Independent Non-Executive Director
COMPENSATION
HK$120K
AGE
57
TENURE
2 yrs

Alan Ong

TITLE
Independent Non-Executive Director
COMPENSATION
HK$120K
AGE
49
TENURE
2 yrs

Kam Kwong Yam

TITLE
Independent Non-Executive Director
COMPENSATION
HK$120K
AGE
67
TENURE
2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
X
Management checks
We assess Smart Globe Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Smart Globe Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Smart Globe Holdings Limited (HKG:8485) Earns A Nice Return On Capital Employed

The formula for calculating the return on capital employed is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for Smart Globe Holdings:0.25 = HK$26m ÷ (HK$136m - HK$32m) (Based on the trailing twelve months to June 2019.) Therefore, Smart Globe Holdings has an ROCE of 25%. … What Are Current Liabilities, And How Do They Affect Smart Globe Holdings's ROCE? … Due to the way ROCE is calculated, a high level of current liabilities makes a company look as though it has less capital employed, and thus can (sometimes unfairly) boost the ROCE.

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Here's What Smart Globe Holdings Limited's (HKG:8485) P/E Ratio Is Telling Us

We'll look at Smart Globe Holdings Limited's (HKG:8485) P/E ratio and reflect on what it tells us about the company's share price. … Check out our latest analysis for Smart Globe Holdings How Do I Calculate A Price To Earnings Ratio? … The formula for price to earnings is: Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS) Or for Smart Globe Holdings: P/E of 3.64 = HK$0.079 ÷ HK$0.022 (Based on the trailing twelve months to June 2019.) Is A High P/E Ratio Good?

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If You Had Bought Smart Globe Holdings (HKG:8485) Stock A Year Ago, You'd Be Sitting On A 11% Loss, Today

Unfortunately the Smart Globe Holdings Limited (HKG:8485) share price slid 11% over twelve months. … During the last year Smart Globe Holdings grew its earnings per share, moving from a loss to a profit. … A Different Perspective Given that the market gained 0.3% in the last year, Smart Globe Holdings shareholders might be miffed that they lost 11%.

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Why Smart Globe Holdings Limited (HKG:8485) Looks Like A Quality Company

The formula for ROE is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for Smart Globe Holdings: 18% = HK$18m ÷ HK$97m (Based on the trailing twelve months to December 2018.) Most readers would understand what net profit is, but it’s worth explaining the concept of shareholders’ equity. … Does Smart Globe Holdings Have A Good Return On Equity? … Combining Smart Globe Holdings's Debt And Its 18% Return On Equity While Smart Globe Holdings does have some debt, with debt to equity of just 0.13, we wouldn't say debt is excessive.

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What You Should Know About Smart Globe Holdings Limited's (HKG:8485) Financial Strength

While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Understanding the company's financial health becomes. … We'll look at some basic checks that can form a snapshot the company’s financial strength.

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Could The Smart Globe Holdings Limited (HKG:8485) Ownership Structure Tell Us Something Useful?

Every investor in Smart Globe Holdings Limited (HKG:8485) should be aware of the most powerful shareholder groups. … Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … Smart Globe Holdings is not a large company by global standards.

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Read This Before You Buy Smart Globe Holdings Limited (HKG:8485) Because Of Its P/E Ratio

We'll show how you can use Smart Globe Holdings Limited's (HKG:8485) P/E ratio to inform your assessment of the investment opportunity. … Smart Globe Holdings has a P/E ratio of 6.29, based on the last twelve months. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

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Can We See Significant Insider Ownership On The Smart Globe Holdings Limited (HKG:8485) Share Register?

If you want to know who really controls Smart Globe Holdings Limited (HKG:8485), then you'll have to look at the makeup of its share registry. … Smart Globe Holdings is not a large company by global standards. … View our latest analysis for Smart Globe Holdings

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Why Smart Globe Holdings Limited's (HKG:8485) ROE Of 5.8% Does Not Tell The Whole Story

Our data shows Smart Globe Holdings has a return on equity of 5.8% for the last year. … One way to conceptualize this, is that for each HK$1 of shareholders' equity it has, the company made HK$0.058 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

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Is Smart Globe Holdings Limited (HKG:8485) A Financially Sound Company?

Smart Globe Holdings Limited (HKG:8485) is a small-cap stock with a market capitalization of HK$90.00m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … So, understanding the company's financial health becomes.

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Company Info

Description

Smart Globe Holdings Limited, an investment holding company, produces, distributes, and prints books, novelty, and packaging products in the United States, the United Kingdom, the Netherlands, the People's Republic of China, Belgium, Hong Kong, and internationally. It provides a range of services, such as pre-press, printing, and finishing services, as well as custom-made and value added printing products. The company also offers box products, children books and pop-ups, journals and book products, stationery and photo albums, leather products, and oversized books. The company was founded in 2012 and is based in North Point, Hong Kong. Smart Globe Holdings Limited is a subsidiary of Master Sage Limited.

Details
Name: Smart Globe Holdings Limited
8485
Exchange: SEHK
Founded: 2012
HK$95,000,000
1,000,000,000
Website: http://www.smartglobehk.com
Address: Smart Globe Holdings Limited
Kodak House II,
17th Floor,
North Point,
Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 8485 Common Stock The Stock Exchange of Hong Kong Ltd. HK HKD 28. Dec 2017
Number of employees
Current staff
Staff numbers
327
Smart Globe Holdings employees.
Industry
Commercial Printing
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/12/06 13:01
End of day share price update: 2019/12/06 00:00
Last estimates confirmation: 2018/03/29
Last earnings filing: 2019/11/14
Last earnings reported: 2019/09/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.