The Price Is Right For Singamas Container Holdings Limited (HKG:716) Even After Diving 26%

Simply Wall St.08-02

The Singamas Container Holdings Limited (HKG:716) share price has softened a substantial 26% over the previous 30 days, handing back much of the gains the stock has made lately. Looking back over ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2456628425?lang=en_US&edition=fundamental","thumbnail":"https://images.simplywall.st/asset/industry/3072000-choice1-main-header/1585186775716","is_english":true,"pubTime":"2024-08-02 07:19","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2456628425","market":"hk","top_or_hot":-1,"title":"The Price Is Right For Singamas Container Holdings Limited (HKG:716) Even After Diving 26%","media":"Simply Wall St.","content":"<div>\n<p>The Singamas Container Holdings Limited (HKG:716) share price has softened a substantial 26% over the previous 30 days, handing back much of the gains the stock has made lately.    Looking back over ...</p>\n\n<a href=\"https://simplywall.st/stocks/hk/capital-goods/hkg-716/singamas-container-holdings-shares/news/the-price-is-right-for-singamas-container-holdings-limited-h\">Source Link</a>\n\n</div>\n","source":"simplywall_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Price Is Right For Singamas Container Holdings Limited (HKG:716) Even After Diving 26%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Price Is Right For Singamas Container Holdings Limited (HKG:716) Even After Diving 26%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-08-02 07:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://simplywall.st/stocks/hk/capital-goods/hkg-716/singamas-container-holdings-shares/news/the-price-is-right-for-singamas-container-holdings-limited-h><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Singamas Container Holdings Limited (HKG:716) share price has softened a substantial 26% over the previous 30 days, handing back much of the gains the stock has made lately.    Looking back over ...</p>\n\n<a href=\"https://simplywall.st/stocks/hk/capital-goods/hkg-716/singamas-container-holdings-shares/news/the-price-is-right-for-singamas-container-holdings-limited-h\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00716","symbol_name":"胜狮货柜","start_time":0,"source_url":"https://simplywall.st/stocks/hk/capital-goods/hkg-716/singamas-container-holdings-shares/news/the-price-is-right-for-singamas-container-holdings-limited-h","article_id":"2456628425","we_media_id":null,"thumbnails":["https://images.simplywall.st/asset/industry/3072000-choice1-main-header/1585186775716"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2456628425","pubTimestamp":1722554370,"columns":[],"sourceInfo":{"source_id":"simplywall_highlight","name":"Simply Wall St."},"weMediaInfo":null,"summary":"The Singamas Container Holdings Limited ( HKG:716 ) share price has softened a substantial 26% over the previous 30...","collect":0,"end_time":0,"defaultTopTitle":"simplywall.st","property":[],"viewcount":null,"language":"en","relate_stocks":{"00716":"胜狮货柜","BK1183":"工业机械"},"translate_title":"胜狮货柜控股有限公司（HKG：716）即使暴跌26%，这个价格也是合适的","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00716":1},"content_text":"The Singamas Container Holdings Limited (HKG:716) share price has softened a substantial 26% over the previous 30 days, handing back much of the gains the stock has made lately.    Looking back over the past twelve months the stock has been a solid performer regardless, with a gain of 17%.    Although its price has dipped substantially, Singamas Container Holdings' price-to-earnings (or \"P/E\") ratio of 11.8x might still make it look like a sell right now compared to the market in Hong Kong, where around half of the companies have P/E ratios below 9x and even P/E's below 5x are quite common.  However, the P/E might be high for a reason and it requires further investigation to determine if it's justified.     For instance, Singamas Container Holdings' receding earnings in recent times would have to be some food for thought.   It might be that many expect the company to still outplay most other companies over the coming period, which has kept the P/E from collapsing.  You'd really hope so, otherwise you're paying a pretty hefty price for no particular reason.     See our latest analysis for Singamas Container Holdings SEHK:716 Price to Earnings Ratio vs Industry August 1st 2024 Want the full picture on earnings, revenue and cash flow for the company? Then our free report on Singamas Container Holdings will help you shine a light on its historical performance.   Is There Enough Growth For Singamas Container Holdings?   In order to justify its P/E ratio, Singamas Container Holdings would need to produce impressive growth in excess of the market.   Taking a look back first, the company's earnings per share growth last year wasn't something to get excited about as it posted a disappointing decline of 58%.   However, a few very strong years before that means that it was still able to grow EPS by an impressive 331% in total over the last three years.  Accordingly, while they would have preferred to keep the run going, shareholders would probably welcome the medium-term rates of earnings growth.     Comparing that to the market, which is only predicted to deliver 19% growth in the next 12 months, the company's momentum is stronger based on recent medium-term annualised earnings results.  In light of this, it's understandable that Singamas Container Holdings' P/E sits above the majority of other companies.  Presumably shareholders aren't keen to offload something they believe will continue to outmanoeuvre the bourse.    What We Can Learn From Singamas Container Holdings' P/E?  There's still some solid strength behind Singamas Container Holdings' P/E, if not its share price lately.      It's argued the price-to-earnings ratio is an inferior measure of value within certain industries, but it can be a powerful business sentiment indicator.  We've established that Singamas Container Holdings maintains its high P/E on the strength of its recent three-year growth being higher than the wider market forecast, as expected.  Right now shareholders are comfortable with the P/E as they are quite confident earnings aren't under threat.  Unless the recent medium-term conditions change, they will continue to provide strong support to the share price.      Don't forget that there may be other risks. For instance, we've identified   1 warning sign for Singamas Container Holdings  that you should be aware of.   Of course, you might also be able to find a better stock than Singamas Container Holdings. So you may wish to see this free collection of other companies that have reasonable P/E ratios and have grown earnings strongly. New: Manage All Your Stock Portfolios in One PlaceWe've created the ultimate portfolio companion for stock investors, and it's free.• Connect an unlimited number of Portfolios and see your total in one currency• Be alerted to new Warning Signs or Risks via email or mobile• Track the Fair Value of your stocksTry a Demo Portfolio for FreeHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2456628425"}