Techtronic Industries (0669.HK)
Industrials · HKEX · Hong Kong
Fundamentals
Valuation and ratings
Techtronic Industries trades at HK$127.70, which is 117% below the HK$276.54 our discounted cash flow model puts on the business. On that measure alone it screens as undervalued, though a DCF is an argument rather than a measurement, and the market is frequently right about why something is cheap.
Our moat model scores it 59 out of 100, which is a moat, but not a deep one. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 24.5 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
About Techtronic Industries
Techtronic Industries Company Limited engages in the manufacturing and trading of electrical and electronic products. The company operates through Power Equipment, and Floorcare & Cleaning segments. The company provides power tools, outdoor power equipment, and floorcare and cleaning products. It also offers equipment, accessories, hand tools, safety solutions, and storage products; outdoor products comprising gas, corded, and cordless equipment; and cordless cleaning products and carpet washing products. In addition, the company engages in research and development, and investment holding activities. The company provides its products under the MILWAUKEE, RYOBI, AEG, EMPIRE, and HOMELITE, as well as under the HOOVER, ORECK, VAX, and DIRT DEVIL names. It serves consumer, professional, and industrial users in the home, construction, maintenance, industrial, and infrastructure industries worldwide. Techtronic Industries Company Limited was incorporated in 1985 and is based in Kwai Chung, Hong Kong.
0669.HK passes 5 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Common questions
Is Techtronic Industries (0669.HK) undervalued?
Against our discounted cash flow estimate of HK$276.54, 0669.HK at HK$127.70 is 117% below fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.
What is 0669.HK's P/E ratio?
0669.HK trades at 24.5 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
The full research page for 0669.HK, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.