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v0.1
0045.HK$5.88+0.17%
Fair $5.88+0.0%

0045.HK

The Hongkong and Shanghai Hotels, Limited

Consumer Cyclical / LodgingHKSE

$5.88

+0.01 (+0.17%)

Fairly Valued+0.0%Fair Value $5.88Fund rank 30/100 · Data gapFallback financials|
SA 32/D
F-Score: 7/9
Low Profitability

FCF base 3Y

n/d

n/d CAGR · yield n/d

FCF base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 33% · confianza 21%

FCF escenarios

weak_data · normalized FCF $1.2B · quality 51.3/100

Data gap 30/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 34/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

32/100

D

Piotroski

7/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 1unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Insufficient audited annual history (<3 SEC-backed years); composite fair value and forward targets are disabled until manually verified. ROE is 0.9%, below the 5% threshold
Thesis & Journal · 0045.HKLocal privado en este navegador · The Hongkong and Shanghai Hotels, Limited
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$9.8B

P/E

30.9x

↑

EV/EBITDA

12.6x

↑

ROE

0.9%

↓

Gross Margin

51.8%

↑

Debt/Equity

0.45

↑
52-Week Range$6
$5$7

TradingView lightweight chart

0045.HK price, volumen y niveles de valoración

Último $5.880Periodo +17.6%
Fair value: $5.880

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2022–2025 · 3 años de histórico normalizado

Revenue CAGR

+23.9%

FCF CAGR

—

FCF margin

13.4%

FCF / Net income

3.34x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $7.98B · net income $320.0M · FCF $1.07B

2022-FY → 2025-FY

Gross margin

51.8%+7.0% pts

Operating margin

12.0%+13.3% pts

Net margin

4.0%+15.6% pts

FCF margin

13.4%+64.1% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$7.98B$7.98B$10.29B$8.11B$4.20B
Net Income$320.0M$320.0M$-943.0M$146.0M$-488.0M
EBITDA$1.99B$1.99B$757.0M$1.23B$167.0M
EPS0.190.19-0.570.09-0.30
Gross Margin51.8%51.8%38.3%39.6%44.8%
Operating Margin12.0%12.0%7.4%7.1%-1.3%
Net Margin4.0%4.0%-9.2%1.8%-11.6%
Balance Sheet
Debt/Equity0.450.450.450.510.50
Current Ratio0.390.39———
Cash Flow
Free Cash Flow$1.07B$1.07B$3.31B$1.16B$-2.13B
Returns
ROE0.9%0.9%-2.7%0.4%-1.4%
Valuation
P/E30.9530.95—69.11—
EV/EBITDA12.6512.6533.5422.76184.96
P/B0.270.270.290.280.37
Growth & Yield
Revenue Growth-22.5%-22.5%26.8%93.2%—
EPS Growth133.3%133.3%-733.3%130.0%—

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%

3Y implied EPS CAGR

40.0%

muy exigente

EPS terminal req.

$0.52

Spread vs growth

93.3%

5Y implied EPS CAGR

27.1%

muy exigente

EPS terminal req.

$0.63

Spread vs growth

106.2%

10Y implied EPS CAGR

18.3%

exigente

EPS terminal req.

$1.02

Spread vs growth

115.1%

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total +9.1%

Total return

+9.1%

Start / end P/E

n/dx → n/dx

EPS bridge

-0.57 → 0.19

Residual

+9.1%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term+9.1%

EPS/multiple decomposition requires positive EPS at both endpoints; residual absorbs price move not explained by dividends.

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.