H78 Stock Analysis: HONGKONG LAND HOLDINGS | SG
Real Estate - Development | SG, Singapore | Market Cap: 17.777m USD | 12M Return: 35.1% | BMG4587L1090 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 14.6M
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Hongkong Land Holdings Limited (H78) is a Bermuda-incorporated real estate company that invests in, develops, and manages mixed-use properties across Hong Kong, Macau, Mainland China, Southeast Asia, and other international markets. Its operations are organized into two segments: Prime Properties Investment, focused on owning and managing high-quality assets, and Build-to-Sell, which develops properties for sale. The companys portfolio includes offices, luxury retail, residential, and hospitality assets, with notable presence in Hong Kong, Singapore, and Shanghai, supported by related hotel investment, finance, and project management activities.
Founded in 1889, Hongkong Land is a large-cap real estate company classified under the Real Estate Development sub-industry, and it operates as a subsidiary of Jardine Strategic Limited. Its core business model centers on a combination of long-term investment in prime real estate assets and development-for-sale projects, a dual structure that is common among Asian property groups seeking to balance stable rental income with capital appreciation from development.
- Central Hong Kong office vacancy pressures rental income growth
- Singapore and Shanghai prime offices offset Hong Kong weakness
- Higher interest rates compress investment property yields and valuations
| Net Income: 1.26b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA -0.47 > 1.0 |
| NWC/Revenue: 342.5% < 20% (prev 64.75%; Δ 277.8% < -1%) |
| CFO/TA 0.01 > 3% & CFO 584.4m > Net Income 1.26b |
| Net Debt/EBITDA: error (cannot be calculated) |
| Current Ratio: 3.70 > 1.5 & < 3 |
| Outstanding Shares: last quarter (2.16b) vs 12m ago -2.16% < -2% |
| Gross Margin: 34.16% > 18% (prev 36.80%; Δ -2.63% > 0.5%) |
| Asset Turnover: 3.66% > 50% (prev 5.13%; Δ -1.47% > 0%) |
| Interest Coverage Ratio: 1.53 > 6 (EBIT TTM 310.4m / Interest Expense TTM 203.5m) |
| DSRI: 1.40 (Receivables 354.0m/349.0m, Revenue 1.45b/2.00b) |
| GMI: 1.08 (GM 36.80% / 34.16%) |
| AQI: 0.92 (AQ_t 0.82 / AQ_t-1 0.89) |
| SGI: 0.72 (Revenue 1.45b / 2.00b) |
| TATA: 0.02 (NI 1.26b - CFO 584.4m) / TA 40.1b) |
| Beneish M = -2.87 (Cap -4..+1) = A |
As of August 07, 2026, the stock is trading at USD 7.89 with a total of 1,914,300 shares traded. Over the past week, the price has changed by -4.83%, over one month by +8.53%, over three months by -0.13% and over the past year by +35.11%.
Current recommended Stop Loss: 7.50 (which is 4.9% or 1.7 ATR below the current price).
HONGKONG LAND HOLDINGS has no consensus analysts rating.
P/E Trailing = 7.8679
P/E Forward = 23.0415
P/S = 13.368
P/B = 0.5631
P/EG = 2.424
Revenue TTM = 1.45b USD
EBIT TTM = 310.4m USD
EBITDA TTM = 324.5m USD
Long Term Debt = 5.84b USD (from longTermDebt, last quarter)
Short Term Debt = 305.6m USD (from shortLongTermDebt, last quarter)
Debt = unknown
Net Debt = unknown
Enterprise Value = 15.2b USD (17.8b + (null Debt) - CCE 2.55b)
Interest Coverage Ratio = 1.53 (Ebit TTM 310.4m / Interest Expense TTM 203.5m)
EV/FCF = 36.23x (Enterprise Value 15.2b / FCF TTM 420.2m)
FCF Yield = 2.76% (FCF TTM 420.2m / Enterprise Value 15.2b)
FCF Margin = 29.01% (FCF TTM 420.2m / Revenue TTM 1.45b)
Net Margin = 87.23% (Net Income TTM 1.26b / Revenue TTM 1.45b)
Gross Margin = 34.16% ((Revenue TTM 1.45b - Cost of Revenue TTM 953.5m) / Revenue TTM)
Gross Margin QoQ = none% (prev none%)
Tobins Q-Ratio = 0.38 (Enterprise Value 15.2b / Total Assets 40.1b)
Interest Expense / Debt = unknown (Interest Expense 203.5m / Debt none)
Taxrate = 12.03% (173.1m / 1.44b)
NOPAT = 273.1m (EBIT 310.4m * (1 - 12.03%))
Current Ratio = 3.70 (Total Current Assets 6.80b / Total Current Liabilities 1.83b)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 324.5m)
Debt / FCF = unknown (Net Debt none / FCF TTM 420.2m)
Total Stockholder Equity = 30.2b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.19% (Net Income 1.26b / Total Assets 40.1b)
RoE = 4.18% (Net Income TTM 1.26b / Total Stockholder Equity 30.2b)
RoCE = 0.86% (EBIT 310.4m / Capital Employed (Equity 30.2b + L.T.Debt 5.84b))
RoIC = 0.72% (NOPAT 273.1m / Invested Capital 38.2b)
WACC = 6.82% (E(17.8b)/V(17.8b) * Re(6.82%) + (debt-free company))
Discount Rate = 6.82% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -94.24 | Cagr: -2.76%
[DCF] Terminal Value 73.10% ; FCFF base≈489.0m ; Y1≈428.8m ; Y5≈346.4m
[DCF] Fair Price = 2.61 (EV 5.56b - Net Debt 0.0 = Equity 5.56b / Shares 2.13b; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
Revenue Correlation: -71.80 | Revenue CAGR: -11.38% | SUE: N/A | # QB: 0
EPS current Year (2026-12-31): EPS=0.26 | Chg30d=+1.88% | Revisions=-55% | GrowthEPS=+24.3% | GrowthRev=+13.4%
EPS next Year (2027-12-31): EPS=0.30 | Chg30d=+1.85% | Revisions=-40% | GrowthEPS=+16.2% | GrowthRev=-2.2%
[Analyst] Revisions Ratio: -62% (up=1, down=9)