CK Asset Holdings Ltd ADR CNGKY

Morningstar Rating
$11.58 −0.54 (4.47%)
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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

CNGKY is trading at a LOCK|b&^z% premium.
Price
$12.12
Fair Value
LOCK|.@@s?s&r
Uncertainty
LOCK|Js
1-Star Price
LOCK|.HZ%N@!
5-Star Price
LOCK|.$##Cgp%
Economic Moat
LOCK|cKz
Capital Allocation
—

Trading Information

Previous Close Price
$12.12
Day Range
$11.58–11.89
52-Week Range
$9.18–15.33
Bid/Ask
$9.18 / $17.85
Shares Outstanding
1.75B
Market Cap
$20.26B
Volume/Avg
4,693 / 4,771

Key Statistics

Price/Earnings (Normalized)
14.81
Price/Sales
2.27
Dividend Yield (Trailing)
3.79%
Dividend Yield (Forward)
3.79%
Dividend Payment Schedule
Jun, Oct
Total Yield
3.79%

Company Profile

CK Asset Holdings was the property business arm of the Cheung Kong Group before the spinoff in 2015. It was subsequently renamed CK Asset Holdings from CK Property in 2017. Li Ka-shing and his family have remained the largest shareholders of CK Asset over the years, with about a 48% equity stake. The company mainly engages in property development, property investment, and hotel management in Hong Kong and mainland China, while diversifying into social housing, pub operations, and infrastructure project management overseas in recent years.
Sector
Real Estate
Industry
Real Estate - Development
Stock Style Box
Large Core
Total Number of Employees
54,000

Competitors

Valuation

Metric
CNGKY
00017
00016
Price/Earnings (Normalized)
14.81—13.73
Price/Book Value
0.420.090.50
Price/Sales
2.270.793.34
Price/Cash Flow
5.354.8711.53
Price/Earnings
CNGKY
00017
00016

Financial Strength

Metric
CNGKY
00017
00016
Quick Ratio
2.540.570.64
Current Ratio
5.841.723.28
Interest Coverage
8.20−1.5213.99
Quick Ratio
CNGKY
00017
00016

Profitability

Metric
CNGKY
00017
00016
Return on Assets (Normalized)
1.95%−0.83%—
Return on Equity (Normalized)
2.50%−2.06%—
Return on Invested Capital (Normalized)
2.33%0.08%—
Return on Assets
CNGKY
00017
00016

Real Estate - Development Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
Sun Hung Kai Properties Ltd
SUHJF
—LOCK|v!$40B
Sun Hung Kai Properties Ltd ADR
SUHJY
—LOCK|fd$40B
China Resources Land Ltd ADR
CRBJY
—LOCK|^z#$28B
CK Asset Holdings Ltd
CHKGF
—LOCK|$#$21B
China Overseas Land & Investment Ltd ADR
CAOVY
—LOCK|$k$18B
China Overseas Land & Investment Ltd
CAOVF
—LOCK|G^$18B
Hongkong Land Holdings Ltd
HKHGF
—LOCK|^!%@^$17B
Hongkong Land Holdings Ltd ADR
HNGKY
—LOCK|$!^#$17B
Daiwa House Industry Co Ltd ADR
DWAHY
———$17B

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