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Analogue Holdings Limited (1977.HK)

HKD0.91 -0.04 (-4.21%)
HK HKSE Industrials Engineering & Construction
Address Island Place Tower
North Point, HK
CEO Hoi Ming Chan
Website atal.com
IPO 2019-07-12
ISIN BMG0418N1083

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Description

Analogue Holdings Limited delivers a comprehensive suite of electrical and mechanical (E&M) engineering solutions to both public and private clients across Hong Kong, mainland China, Macau, the United States, and other international markets. Its operations are structured across four distinct divisions. The Building Services segment delivers a complete spectrum of E&M services, encompassing the design, installation, testing, commissioning, and ongoing maintenance of crucial building infrastructure. This includes heating, ventilation, and air-conditioning (HVAC) systems, fire protection, plumbing and drainage networks, and electrical (including extra-low voltage, ELV) systems. The Environmental Engineering segment is dedicated to the conceptualization, construction, operation, and upkeep of environmental systems for the treatment of sewage, water, solid waste, sludge, and various gases. The Information, Communications and Building Technology (ICBT) segment focuses on designing, installing, and servicing advanced intelligent systems, information and communications (ICT) networks, and modern building technologies. These solutions span smart building applications such as energy optimization, sophisticated air conditioning controls, intelligent automation, security and ELV systems, architectural and LED lighting, renewable energy integration, and comprehensive ICT and Internet of Things (IoT) frameworks. Finally, the Lift and Escalators division specializes in the design, supply, installation, repair, and maintenance of a diverse range of lifts, escalators, and moving walkways. Beyond these core offerings, the company also engages in the supply of E&M materials and equipment, provides infrastructure support for data centers and other critical facilities, manufactures and distributes hardware, software, and electronic systems, innovates and markets automated movement technologies, and delivers property management services. Established in 1977 and headquartered in North Point, Hong Kong, Analogue Holdings Limited operates as a subsidiary of Arling Investment Limited.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
HKD0.91 -0.04 (-4.21%)
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Volume Profile
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Liquidity & share structure
Average Volume
66.2K
Beta
0.16
Float Shares
292.47M
Free Float %
20.9%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.00% -1.02% -5.83% -6.73% +6.59% +5.43% +27.63% -27.61% -43.27% -40.49% -40.49%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
0.91
DCF (Unlevered) 4.33 +375.9%
DCF (Levered) 6.15 +576.0%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM)
Rating 2024-11 Change
Strong Buy 0 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
3.28
Safe zone
Piotroski F-Score
7 / 9
Strong
MOAT Score
5 / 10
Developing
Composite Rating
A+
Overall Score
5 / 5
High
DCF Score
5 / 5
High
ROE Score
3 / 5
Medium
ROA Score
4 / 5
High
D/E Score
4 / 5
High
P/E Score
4 / 5
High
P/Book Score
5 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Engineering & Construction: +6.7%
    -5.6% Q4'25: -2.4% (vs Q4'23)
  • EPS growth Engineering & Construction: +20.8%
    +23.1% Q4'25: +516.0% (vs Q4'23)
  • FCF margin FCF growth · Engineering & Construction: +51.6%
    +5.5% Q4'25: +3.9% (vs Q4'23)
  • EBIT margin Engineering & Construction: +7.0%
    +4.2% Q4'25: +4.3% (vs Q4'23)
  • ROIC Engineering & Construction: +6.4%
    +14.8% Q4'25: +31.3% (vs Q4'23)
  • Share dilution Engineering & Construction: +0.0%
    +0.4% Q4'25: +0.5% (vs Q4'23)
  • Debt / EBITDA Net debt/EBITDA · Engineering & Construction: -0.38×
    0.21× Q4'25: 0.10× (vs Q4'23)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.20) × ERP
WACC = 96% × Ke + 4% × Kd (26.8%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 4.35 Current price: 0.91
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Revenue
5.13B
est: 5.33B (-3.8%)
5.35B
est: 5.59B (-4.2%)
6.47B
est: 5.82B (+11.2%)
6.13B
est: 6.00B (+2.2%)
6.45B
est: 6.27B (+2.8%)
EBITDA
415.12M
est: 338.42M (+22.7%)
450.84M
est: 347.84M (+29.6%)
383.62M
est: 362.59M (+5.8%)
353.02M
est: 401.88M (-12.2%)
228.83M
est: 362.13M (-36.8%)
EBIT
345.95M
est: 284.19M (+21.7%)
383.52M
est: 292.10M (+31.3%)
323.08M
est: 304.48M (+6.1%)
284.45M
est: 309.51M (-8.1%)
201.23M
est: 304.44M (-33.9%)
Net Income
301.35M
est: 312.70M (-3.6%)
314.30M
est: 367.75M (-14.5%)
114.56M
est: 424.33M (-73.0%)
251.50M
est: 279.94M (-10.2%)
135.27M
est: 575.20M (-76.5%)
SGA
582.42M
est: 610.82M (-4.6%)
620.05M
est: 627.82M (-1.2%)
679.22M
est: 654.44M (+3.8%)
702.37M
est: 592.93M (+18.5%)
801.03M
est: 732.43M (+9.4%)
EPS
0.22
est: 0.22 (-2.0%)
0.22
est: 0.27 (-17.0%)
0.08
est: 0.31 (-73.0%)
0.18
est: 0.35 (-48.6%)
0.10
est: 0.41 (-76.2%)
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 A+ 5/5 5/5 3/5 4/5 4/5 4/5 5/5
2026-05-28 A+ 5/5 5/5 3/5 4/5 4/5 4/5 5/5
2026-05-27 A+ 5/5 5/5 3/5 4/5 4/5 4/5 5/5
2026-05-26 A+ 5/5 5/5 3/5 4/5 4/5 4/5 5/5
2026-05-22 A+ 5/5 5/5 3/5 4/5 4/5 4/5 5/5
2026-05-21 A+ 5/5 5/5 3/5 4/5 4/5 4/5 5/5
2026-05-20 A+ 5/5 5/5 3/5 4/5 4/5 4/5 5/5
2026-05-19 A+ 5/5 5/5 3/5 4/5 4/5 4/5 5/5
2026-05-18 A+ 5/5 5/5 3/5 4/5 4/5 4/5 5/5
2026-05-15 A+ 4/5 5/5 3/5 4/5 3/5 4/5 5/5
2026-05-14 A+ 4/5 5/5 3/5 4/5 3/5 4/5 5/5
2026-05-13 A+ 4/5 5/5 3/5 4/5 3/5 4/5 5/5
2026-05-12 A+ 4/5 5/5 3/5 4/5 3/5 4/5 5/5
2026-05-11 A+ 4/5 5/5 3/5 4/5 3/5 4/5 5/5
2026-05-08 A+ 4/5 5/5 3/5 4/5 3/5 4/5 5/5
2026-05-07 A+ 4/5 5/5 3/5 4/5 3/5 4/5 5/5
2026-05-06 A+ 4/5 5/5 3/5 4/5 3/5 4/5 5/5
2026-05-05 A+ 4/5 5/5 3/5 4/5 3/5 4/5 5/5
2026-05-04 A+ 4/5 5/5 3/5 4/5 3/5 4/5 5/5
2026-04-30 A+ 4/5 5/5 3/5 4/5 3/5 4/5 5/5
2026-04-28 A+ 4/5 5/5 3/5 4/5 3/5 4/5 5/5
2026-04-27 A+ 4/5 5/5 3/5 4/5 3/5 4/5 5/5
2026-04-24 A 4/5 5/5 3/5 4/5 2/5 4/5 5/5
2026-04-21 A 4/5 5/5 3/5 4/5 2/5 4/5 5/5
2026-04-20 A 4/5 5/5 3/5 4/5 2/5 4/5 5/5
2026-04-17 A 4/5 5/5 3/5 4/5 2/5 4/5 5/5
2026-04-16 A 4/5 5/5 3/5 4/5 2/5 4/5 5/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
364.77M
OE per share TTM
0.26
Owner's Yield
26.17%
Maintenance CapEx ratio
28.88%
Maint CapEx / Avg PPE
9.1%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 2 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Dimensional World ex U.S. Core Equity 2 ETF DFAX 0.00% 12.5K 0.28%
2 Dimensional - International Small Cap ETF DFIS 0.00% 243.42 0.39%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
81.9K
Shares Outstanding
1.40B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Hoi Ming Chan Chief Executive Officer & Executive Director 5M male
Kin Wah Mak Executive Chairman 5M
Wai Keung Cheng Chief Financial Officer & Executive Director 4M male
Wai Lung Cheng MD & Executive Director 4M male
Lok To Poon Founder & Executive Director 3M
Wing Hong Liu Chief Operating Officer male
Chi Hung Chan Chief Executive of Information, Communications & Building Technologies male
Ha Ming Cheung Chief Executive, Lifts & Escalators (Greater China) - Anlev Elex Elevator Limited male
Kam Hung Lai Chief Executive of Environmental Engineering Segment male
Chee Hoong Pang Company Secretary male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits