Hong Kong Exchanges and Clearing Ltd 00388

Morningstar Rating
HK$378.40 −3.60 (0.94%)
View Full Chart

Company Report

Price vs Fair Value

00388 is trading at a LOCK|Jn%>^^ premium.
Price
HK$378.40
Fair Value
lZy
Uncertainty
LOCK|!?
1-Star Price
LOCK|<.b
5-Star Price
LOCK|#.&
Economic Moat
LOCK|YM
Capital Allocation
LOCK|K$?%G$%

Bulls Say, Bears Say

Bulls

HKEX serves as a gateway to Chinese companies and their capital and should correlate with their long-term growth.

Bears

HKEX is linked to China’s economy, which is facing demographic and debt issues not too dissimilar from Japan in the 1990s.

News

Trading Information

Previous Close Price
HK$382.00
Day Range
HK$377.20–382.00
52-Week Range
HK$360.00–444.80
Bid/Ask
HK$378.20 / HK$378.40
Shares Outstanding
1.26B
Market Cap
HK$478.30B
Volume/Avg
3M / 3M

Key Statistics

Price/Earnings (Normalized)
23.85
Price/Sales
17.90
Dividend Yield (Trailing)
3.69%
Dividend Yield (Forward)
3.93%
Dividend Payment Schedule
Mar, Sep
Total Yield
3.69%

Company Profile

Hong Kong Exchanges and Clearing is a vertically integrated securities exchange business offering listing, data, trading, clearing and settlement services across equities, debt and derivatives. HKEX, like Hong Kong itself, functions as a gateway between China and the rest of the world. It serves as a preferred listing venue for Chinese companies outside of China and, through the Connect Scheme, offers two-way trading for a growing group of financial products with the Shanghai Stock Exchange and the Shenzhen Stock Exchange.
Sector
Financial Services
Industry
Financial Data & Stock Exchanges
Stock Style Box
Large Core
Total Number of Employees
2,700

Competitors

Valuation

Metric
00388
ICE
DB1
Price/Earnings (Normalized)
23.8522.7327.18
Price/Book Value
8.463.335.41
Price/Sales
17.907.217.47
Price/Cash Flow
21.3617.7020.35
Price/Earnings
00388
ICE
DB1

Financial Strength

Metric
00388
ICE
DB1
Quick Ratio
0.830.050.75
Current Ratio
1.051.031.01
Interest Coverage
3.967.4416.89
Quick Ratio
00388
ICE
DB1

Profitability

Metric
00388
ICE
DB1
Return on Assets (Normalized)
3.61%2.80%0.64%
Return on Equity (Normalized)
33.97%15.44%21.59%
Return on Invested Capital (Normalized)
26.50%10.06%0.86%
Return on Assets
00388
ICE
DB1

Financial Data & Stock Exchanges Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
S&P Global Inc
SPGI
LOCK|<&zP$!<LOCK|n?$137B
CME Group Inc Class A
CME
LOCK|lN$p%R!LOCK|V>c$114B
Intercontinental Exchange Inc
ICE
LOCK|<Q@xYQcHLOCK|<y$100B
Moodys Corp
MCO
LOCK|%b>PWnPLOCK|mG$88B
Nasdaq Inc
NDAQ
LOCK|dw&#?#LOCK|%@$h$60B
MSCI Inc
MSCI
LOCK|KN?wx&cxLOCK|&Fp$47B
Cboe Global Markets Inc
CBOE
LOCK|!PPlKpLOCK|%mv#G$39B
Coinbase Global Inc Ordinary Shares - Class A
COIN
LOCK|wbjqZyLOCK|ytS$34B
TransUnion
TRU
LOCK|WYHf<V#LOCK|c$lR$15B
FactSet Research Systems Inc
FDS
LOCK|J%FNY^LOCK|@#$12B

Sponsor Center