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Hang Lung Properties Ltd ADR HLPPY

Morningstar Rating
$6.73 −0.03 (0.44%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

HLPPY is trading at a 42% discount.
Price
$6.79
Fair Value
$39.00
Uncertainty
High
1-Star Price
$28.37
5-Star Price
$3.93
Economic Moat
Nwknz
Capital Allocation
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Trading Information

Previous Close Price
$6.76
Day Range
$6.636.74
52-Week Range
$6.1910.34
Bid/Ask
$6.71 / $6.73
Market Cap
$6.06 Bil
Volume/Avg
147,111 / 154,669

Key Statistics

Price/Earnings (Normalized)
11.18
Price/Sales
4.64
Dividend Yield
7.37%
Dividend Yield (Forward)
7.37%
Total Yield
7.37%

Company Profile

Hung Lung Properties is the property arm of Hang Lung Group. The company primarily operates in Hong Kong and China where it develops and invests in a portfolio of commercial properties for rental income as well as develop residential properties for sale. Most of its revenue is generated in China where it focuses on retail malls in Tier 1 and 2 cities such as Shanghai, Wuxi, Hangzhou, Wuhan, Kunming Jinan, Dalian, Shenyang, and Tianjin. As such, investors view the company as a proxy for China’s overall retail growth. The company is 59% owned by Hang Lung Group, and led by Ronnie Chan, who has been the chairman of the company since 1991.
Sector
Real Estate
Industry
Real Estate Services
Stock Style Box
Large Value
Total Number of Employees
4,115

Competitors

Valuation

Metric
HLPPY
H78
01972
Price/Earnings (Normalized)
11.1810.1111.19
Price/Book Value
0.370.220.31
Price/Sales
4.643.556.16
Price/Cash Flow
15.8510.7217.94
Price/Earnings
HLPPY
H78
01972

Financial Strength

Metric
HLPPY
H78
01972
Quick Ratio
0.590.600.68
Current Ratio
1.451.681.63
Interest Coverage
14.16−0.5325.36
Quick Ratio
HLPPY
H78
01972

Profitability

Metric
HLPPY
H78
01972
Return on Assets (Normalized)
1.98%2.84%2.03%
Return on Equity (Normalized)
3.16%3.63%2.40%
Return on Invested Capital (Normalized)
2.39%3.25%2.21%
Return on Assets
HLPPY
H78
01972

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