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Altus Holdings

SEHK:8149
Snowflake Description

Overvalued with poor track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
8149
SEHK
HK$184M
Market Cap
  1. Home
  2. HK
  3. Diversified Financials
Company description

Altus Holdings Limited provides corporate finance and property investment services in Hong Kong. The last earnings update was 52 days ago. More info.


Add to Portfolio Compare Print
  • Altus Holdings has significant price volatility in the past 3 months.
8149 Share Price and Events
7 Day Returns
0.9%
SEHK:8149
-0.7%
HK Capital Markets
0.2%
HK Market
1 Year Returns
-29.1%
SEHK:8149
-27.7%
HK Capital Markets
-22%
HK Market
8149 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Altus Holdings (8149) 0.9% -24.3% -24.3% -29.1% -34.2% -
HK Capital Markets -0.7% -15.2% -16.4% -27.7% -32.8% -55%
HK Market 0.2% -10.6% -15.8% -22% -13.4% -28.8%
1 Year Return vs Industry and Market
  • 8149 underperformed the Capital Markets industry which returned -27.7% over the past year.
  • 8149 underperformed the Market in Hong Kong which returned -22% over the past year.
Price Volatility
8149
Industry
5yr Volatility vs Market

8149 Value

 Is Altus 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 Altus 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 Altus Holdings.

SEHK:8149 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= HK$0.55 * 5.3%
HK$0.03
Book Value of Equity per Share Median Book Value from the past 5 years. HK$0.55
Discount Rate (Cost of Equity) See below 8.9%
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:8149
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year HK Govt Bond Rate 1.6%
Equity Risk Premium S&P Global 6.1%
Capital Markets Unlevered Beta Simply Wall St/ S&P Global 0.74
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.744 (1 + (1- 25%) (100.65%))
1.204
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.55% + (1.204 * 6.07%)
8.86%

Discounted Cash Flow Calculation for SEHK:8149 using Excess Returns Model Model

The calculations below outline how an intrinsic value for Altus Holdings is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

SEHK:8149 Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (5.3% – 8.86%) * HK$0.55)
HK$-0.02
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= HK$-0.02 / (8.86% - 1.55%)
HK$-0.26
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= HK$0.55 + HK$-0.26
HK$0.28
SEHK:8149 Discount to Share Price
Calculation Result
Value per share (HKD) From above. HK$0.28
Current discount Discount to share price of HK$0.23
= -1 x (HK$0.23 - HK$0.28) / HK$0.28
19.7%

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

Current Discount
Amount off the current price Altus Holdings is available for.
Intrinsic value
20%
Share price is HK$0.227 vs Future cash flow value of HK$0.2826
Current Discount Checks
For Altus Holdings to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Altus Holdings's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • Altus Holdings's share price is below the future cash flow value, but not 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 Altus Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Altus Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:8149 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in HKD HK$0.02
SEHK:8149 Share Price ** SEHK (2020-04-03) in HKD HK$0.23
Hong Kong Capital Markets Industry PE Ratio Median Figure of 44 Publicly-Listed Capital Markets Companies 10.88x
Hong Kong Market PE Ratio Median Figure of 1,465 Publicly-Listed Companies 9.09x

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

** Primary Listing of Altus Holdings.

SEHK:8149 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:8149 Share Price ÷ EPS (both in HKD)

= 0.23 ÷ 0.02

12.1x

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

  • Altus Holdings is overvalued based on earnings compared to the HK Capital Markets industry average.
  • Altus Holdings is overvalued based on earnings compared to the Hong Kong market.
Price based on expected Growth
Does Altus Holdings's expected growth come at a high price?
Raw Data
SEHK:8149 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 12.1x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Hong Kong Capital Markets Industry PEG Ratio Median Figure of 8 Publicly-Listed Capital Markets Companies 0.71x
Hong Kong Market PEG Ratio Median Figure of 484 Publicly-Listed Companies 0.64x

*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 Altus Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Altus Holdings's assets?
Raw Data
SEHK:8149 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in HKD HK$0.58
SEHK:8149 Share Price * SEHK (2020-04-03) in HKD HK$0.23
Hong Kong Capital Markets Industry PB Ratio Median Figure of 71 Publicly-Listed Capital Markets Companies 0.45x
Hong Kong Market PB Ratio Median Figure of 2,244 Publicly-Listed Companies 0.71x
SEHK:8149 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:8149 Share Price ÷ Book Value per Share (both in HKD)

= 0.23 ÷ 0.58

0.39x

* Primary Listing of Altus Holdings.

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

  • Altus Holdings is good value based on assets compared to the HK Capital Markets industry average.
X
Value checks
We assess Altus 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 Capital Markets 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 Capital Markets industry average (and greater than 0)? (1 check)
  5. Altus Holdings has a total score of 1/6, 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.

8149 Future Performance

 How is Altus 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 Altus 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
8.1%
Expected Capital Markets industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Altus Holdings expected to grow at an attractive rate?
  • Unable to compare Altus Holdings's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Altus Holdings's earnings growth to the Hong Kong market average as no estimate data is available.
  • Unable to compare Altus Holdings's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:8149 Future Growth Rates Data Sources
Data Point Source Value (per year)
Hong Kong Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 8.1%
Hong Kong Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 10%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.7%
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:8149 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 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:8149 Past Financials Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income *
2019-12-31 60 15
2019-09-30 65 22 20
2019-06-30 72 31
2019-03-31 71 20 30
2018-12-31 72 36
2018-09-30 72 33 36
2018-06-30 65 23
2018-03-31 67 31 26
2017-12-31 67 32
2017-09-30 60 4 22
2017-06-30 57 14
2017-03-31 53 1 12

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Altus Holdings is high growth as no earnings estimate data is available.
  • Unable to determine if Altus 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:8149 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Altus Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:8149 Past Financials Data
Date (Data in HKD Millions) EPS *
2019-12-31 0.02
2019-09-30 0.02
2019-06-30 0.04
2019-03-31 0.04
2018-12-31 0.05
2018-09-30 0.05
2018-06-30 0.03
2018-03-31 0.03
2017-12-31 0.04
2017-09-30 0.03
2017-06-30 0.02
2017-03-31 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 Altus Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Altus 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 Diversified Financials companies here
  2. Altus Holdings's competitive advantages and company strategy can generally be found in its financial reports archived here.
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Altus 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.
Altus 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.

8149 Past Performance

  How has Altus 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 Altus Holdings's growth in the last year to its industry (Capital Markets).
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.
  • Altus Holdings has delivered over 20% year on year earnings growth in the past 5 years.
  • Altus Holdings's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Altus Holdings's 1-year earnings growth is negative, it can't be compared to the HK Capital Markets industry average.
Earnings and Revenue History
Altus 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 Altus Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:8149 Past Revenue, Cash Flow and Net Income Data
Date (Data in HKD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 59.60 15.01
2019-09-30 64.53 19.79
2019-06-30 72.14 31.19
2019-03-31 71.31 29.75
2018-12-31 71.52 36.38
2018-09-30 72.45 36.45
2018-06-30 64.97 23.48
2018-03-31 67.14 26.30
2017-12-31 66.68 31.59
2017-09-30 59.54 21.85
2017-06-30 56.93 14.08
2017-03-31 53.06 12.36
2016-12-31 56.13 -4.23
2016-09-30 55.04 4.85
2016-06-30 57.27 14.00
2016-03-31 57.03 17.33
2015-12-31 46.37 12.13
2015-03-31 35.61 15.76

*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.
  • Altus Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Altus Holdings used its assets less efficiently than the HK Capital Markets industry average last year based on Return on Assets.
  • Unable to establish if Altus Holdings improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Altus 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 Capital Markets 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.
Altus Holdings has a total score of 1/6, 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.

8149 Health

 How is Altus 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 Altus Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Altus Holdings's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Altus Holdings's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Altus 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.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.2x 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 Altus Holdings Company Filings, last reported 3 months ago.

SEHK:8149 Past Debt and Equity Data
Date (Data in HKD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 474.34 185.20 37.04
2019-09-30 474.34 185.02 37.04
2019-06-30 463.04 190.94 38.28
2019-03-31 463.04 190.94 38.28
2018-12-31
2018-09-30 438.57 194.20 45.11
2018-06-30 452.01 212.95 51.06
2018-03-31 452.01 212.95 51.06
2017-12-31
2017-09-30 400.75 203.81 66.70
2017-06-30 398.72 139.17 81.42
2017-03-31 398.72 139.17 81.42
2016-12-31
2016-09-30 323.14 143.12 67.16
2016-06-30 310.57 134.37 53.66
2016-03-31 310.57 134.37 53.66
2015-12-31 289.68 158.03 44.65
2015-03-31 301.94 122.00 29.63
  • Altus Holdings's level of debt (39%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Altus Holdings's debt level has increased without past 5-year debt data.
  • Debt is not well covered by operating cash flow (11.9%, less than 20% of total debt).
  • Unable to confirm if the interest payments on Altus Holdings's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Altus 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. Altus Holdings has a total score of 1/6, 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.

8149 Dividends

 What is Altus 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
1.85%
Current annual income from Altus Holdings dividends.
If you bought HK$2,000 of Altus Holdings shares you are expected to receive HK$37 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?
  • Altus Holdings's pays a lower dividend yield than the bottom 25% of dividend payers in Hong Kong (2.7%).
  • Altus Holdings's dividend is below the markets top 25% of dividend payers in Hong Kong (7.25%).
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:8149 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 Capital Markets Industry Average Dividend Yield Market Cap Weighted Average of 29 Stocks 3.8%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 938 Stocks 4.3%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.3%
Hong Kong Bottom 25% Dividend Yield 25th Percentile 2.7%
Hong Kong Top 25% Dividend Yield 75th Percentile 7.2%

Industry and Market average data is calculated daily.

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

SEHK:8149 Past Annualized Dividends Data
Date (Data in HK$) Dividend per share (annual) Avg. Yield (%)
2020-02-14 0.004 1.669
2020-02-12 0.004 1.518
2019-11-14 0.004 1.512
2019-11-11 0.004 1.639
2019-06-28 0.004 1.505
2019-02-14 0.004 1.295
2019-02-12 0.004 1.291
2018-11-13 0.004 1.331
2018-11-09 0.004 1.356
2018-07-04 0.004 1.257
2018-02-13 0.004 1.236
2018-02-08 0.004 1.285
2017-11-20 0.004 1.240
2017-11-09 0.004 1.221
2017-08-08 0.002 0.603

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

  • Whilst dividend payments have been stable, Altus Holdings has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Altus Holdings only paid a dividend in the past 3 years.
Current Payout to shareholders
What portion of Altus Holdings's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (4.7x coverage).
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 Altus 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 Altus Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Altus Holdings has a total score of 1/6, see the detailed checks below.


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

8149 Management

 What is the CEO of Altus 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.
  • Altus Holdings has no CEO, or we have no data on them.
Management Team

Arnold Ip

TITLE
Executive Chairman
COMPENSATION
HK$618K
AGE
56

Jeanny Leung

TITLE
Compliance Officer & Executive Director
COMPENSATION
HK$3M
AGE
54
TENURE
4 yrs

Sean Pey Chang

TITLE
Executive Director
COMPENSATION
HK$6M
AGE
47

Samantha Ho

TITLE
Chief Investment Director
AGE
58

Sui Tse

TITLE
Company Secretary
AGE
30
TENURE
2.3 yrs
Board of Directors Tenure

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

3.8
Average Tenure
53
Average Age
  • The tenure for the Altus Holdings board of directors is about average.
Board of Directors

Arnold Ip

TITLE
Executive Chairman
COMPENSATION
HK$618K
AGE
56
TENURE
4 yrs

Jeanny Leung

TITLE
Compliance Officer & Executive Director
COMPENSATION
HK$3M
AGE
54
TENURE
4.1 yrs

Sean Pey Chang

TITLE
Executive Director
COMPENSATION
HK$6M
AGE
47
TENURE
4.1 yrs

Tien Yo Chao

TITLE
Independent Non-Executive Director
COMPENSATION
HK$120K
AGE
64
TENURE
3.6 yrs

Sun Kwong Chan

TITLE
Independent Non-Executive Director
COMPENSATION
HK$120K
AGE
52
TENURE
3.6 yrs

Shu Lee

TITLE
Independent Non-Executive Director
COMPENSATION
HK$120K
AGE
52
TENURE
3.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
X
Management checks
We assess Altus 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. Altus 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.

8149 News

Simply Wall St News

Some Altus Holdings (HKG:8149) Shareholders Are Down 17%

Unfortunately the Altus Holdings Limited (HKG:8149) share price slid 17% over twelve months. … During the unfortunate twelve months during which the Altus Holdings share price fell, it actually saw its earnings per share (EPS) improve by 13%. … Since the fundamental metrics don't readily explain the share price drop, there might be an opportunity if the market has overreacted.

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Need To Know: Altus Holdings Limited (HKG:8149) Insiders Have Been Selling Shares

So we'll take a look at whether insiders have been buying or selling shares in Altus Holdings Limited (HKG:8149). … For example, a Harvard University study found that 'insider purchases earn abnormal returns of more than 6% per year.' See our latest analysis for Altus Holdings The Last 12 Months Of Insider Transactions At Altus Holdings In the last twelve months, the biggest single sale by an insider was when the Compliance Officer &amp; Executive Director, Churk Yin Leung, sold HK$1.1m worth of shares at a price of HK$0.31 per share. … SEHK:8149 Recent Insider Trading, July 8th 2019 Insider Ownership of Altus Holdings I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders.

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Does Altus Holdings Limited (HKG:8149) Have A High Beta?

Check out our latest analysis for Altus Holdings What 8149's beta value tells investors Given that it has a beta of 0.83, we can surmise that the Altus Holdings share price has not been strongly impacted by broader market volatility (over the last 5 years). … This means that -- if history is a guide -- buying the stock would reduce the impact of overall market volatility in many portfolios (depending on the beta of the portfolio, of course). … What this means for you: One potential advantage of owning low beta stocks like Altus Holdings is that your overall portfolio won't be too sensitive to overall market movements.

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Need To Know: Altus Holdings Limited (HKG:8149) Insiders Have Been Selling Shares

So shareholders might well want to know whether insiders have been buying or selling shares in Altus Holdings Limited (HKG:8149). … That means that an insider was selling shares at slightly below the current price (HK$0.33). … It's not particularly great to see insiders were selling shares around current prices

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Does Altus Holdings Limited (HKG:8149) Have A Good P/E Ratio?

We'll show how you can use Altus Holdings Limited's (HKG:8149) P/E ratio to inform your assessment of the investment opportunity. … Altus Holdings has a P/E ratio of 6.47, based on the last twelve months. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)

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How Altus Holdings Limited (HKG:8149) Can Impact Your Portfolio Volatility

Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market. … In comparison a stock with a beta of over one tends to be move in a similar direction to the market in the long term, but with greater changes in price.

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Does Altus Holdings Limited's (HKG:8149) PE Ratio Signal A Selling Opportunity?

The content of this article will benefit those of you who are starting to educate yourself about investing in the stock market. … and want to learn about the link between company’s fundamentals and stock market performance. … I will deconstruct the P/E ratio and highlight what you need to be careful of when using the P/E ratio

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Should You Be Tempted To Buy Altus Holdings Limited (HKG:8149) Because Of Its PE Ratio?

Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for 8149 Price per share = HK$0.32 Earnings per share = HK$0.028 ∴ Price-Earnings Ratio = HK$0.32 ÷ HK$0.028 = 11.6x The P/E ratio isn’t a metric you view in isolation and only becomes useful when you compare it against other similar companies. … We preferably want to compare the stock’s P/E ratio to the average of companies that have similar features to 8149, such as capital structure and profitability. … For example, if you are inadvertently comparing lower risk firms with 8149, then 8149’s P/E would naturally be lower than its peers, since investors would value those with lower risk with a higher price.

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What You Must Know About Altus Holdings Limited's (HKG:8149) 6.23% ROE

See our latest analysis for Altus Holdings Peeling the layers of ROE – trisecting a company’s profitability Return on Equity (ROE) weighs Altus Holdings’s profit against the level of its shareholders’ equity. … Since Altus Holdings’s return does not cover its cost, with a difference of -4.87%, this means its current use of equity is not efficient and not sustainable. … Altus Holdings’s below-industry ROE is disappointing, furthermore, its returns were not even high enough to cover its own cost of equity.

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8149 Company Info

Description

Altus Holdings Limited provides corporate finance and property investment services in Hong Kong. The company operates through Corporate Finance Services and Property Investment. It offers corporate finance services, including sponsorship, financial advisory, and compliance advisory services. The company also leases investment properties for residential and commercial use; and provides administrative services. Altus Holdings Limited was founded in 2000 and is headquartered in Central, Hong Kong. Altus Holdings Limited is a subsidiary of Kinley-Hecico Holdings Limited.

Details
Name: Altus Holdings Limited
8149
Exchange: SEHK
Founded: 2000
HK$184,000,000
800,000,000
Website: http://www.altus.com.hk
Address: Altus Holdings Limited
21 Wing Wo Street,
Central,
Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 8149 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 17. Oct 2016
Number of employees
Current staff
Staff numbers
30
Altus Holdings employees.
Industry
Investment Banking and Brokerage
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/06 13:27
End of day share price update: 2020/04/03 00:00
Last earnings filing: 2020/02/14
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/03/31


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.