Able Engineering Holdings Ltd. (HK:1627)
:1627
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Able Engineering Holdings Ltd.
(1627)
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Rating:71Outperform
Price Target:
HK$0.61
▼(-10.59% Downside)
Action:UpgradedDate:03/24/26
The score is driven primarily by solid financial performance (strong growth and a more resilient balance sheet) and very attractive valuation (low P/E and high dividend yield). This is partially tempered by inconsistent cash-flow conversion and a weaker longer-term technical trend (price below key moving averages).
Positive Factors
Multi-year revenue growth
Sustained revenue expansion and rising profits over several years indicate expanding market share and successful contract wins. This scale supports operational leverage, backlog visibility and long-term customer relationships that underpin durable top-line growth over the next 2–6 months and beyond.
Negative Factors
Volatile cash conversion and recent FCF drop
A sharp fall in FCF and FCF covering under half of net income signals weaker cash conversion; persistent volatility erodes liquidity buffers, can force external financing, or constrain dividends and bid capacity, making financial flexibility less reliable long term.
Read all positive and negative factors
Positive Factors
Negative Factors
Multi-year revenue growth
Sustained revenue expansion and rising profits over several years indicate expanding market share and successful contract wins. This scale supports operational leverage, backlog visibility and long-term customer relationships that underpin durable top-line growth over the next 2–6 months and beyond.
Read all positive factors
Able Engineering Holdings Ltd. (1627) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$1.14B
Dividend Yield9.09%
Average Volume (3M)645.40K
Price to Earnings (P/E)3.2
Beta (1Y)0.21
Revenue Growth26.57%
EPS Growth-2.39%
CountryHK
Employees560
SectorIndustrials
Sector Strength72
IndustryEngineering & Construction
Share Statistics
EPS (TTM)0.05
Shares Outstanding2,000,000,000
10 Day Avg. Volume277,200
30 Day Avg. Volume645,399
Financial Highlights & Ratios
PEG Ratio0.48
Price to Book (P/B)0.63
Price to Sales (P/S)0.14
P/FCF Ratio3.68
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Able Engineering Holdings Ltd. Business Overview & Revenue Model
Company Description
Able Engineering Holdings Limited, an investment holding company, provides building construction, repair, maintenance, and alteration and addition works in Hong Kong. It constructs private and public housing, institutional and private buildings, e...
How the Company Makes Money
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Able Engineering Holdings Ltd. Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
78
Positive
Cash Flow
58
Neutral
| Breakdown | TTM | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 8.13B | 7.97B | 5.51B | 5.08B | 5.58B | 3.71B |
| Gross Profit | 601.41M | 582.50M | 323.54M | 269.30M | 209.77M | 116.58M |
| EBITDA | 703.65M | 475.82M | 358.90M | 302.22M | 246.52M | 135.03M |
| Net Income | 236.91M | 228.56M | 204.89M | 174.07M | 122.88M | 94.70M |
Balance Sheet | ||||||
| Total Assets | 5.31B | 5.28B | 4.91B | 4.63B | 3.93B | 3.06B |
| Cash, Cash Equivalents and Short-Term Investments | 1.64B | 1.74B | 2.10B | 1.73B | 1.52B | 1.01B |
| Total Debt | 11.94M | 97.54M | 496.95M | 619.69M | 715.68M | 852.67M |
| Total Liabilities | 3.58B | 3.54B | 3.29B | 3.11B | 2.50B | 1.71B |
| Stockholders Equity | 1.73B | 1.74B | 1.62B | 1.52B | 1.42B | 1.35B |
Cash Flow | ||||||
| Free Cash Flow | -62.87M | 298.77M | 610.59M | 576.35M | 735.14M | -400.92M |
| Operating Cash Flow | 227.79M | 652.74M | 748.79M | 770.21M | 793.75M | 182.03M |
| Investing Cash Flow | -39.65M | -89.01M | -393.20M | -374.40M | -65.59M | -574.22M |
| Financing Cash Flow | -734.93M | -651.25M | -227.86M | -186.71M | -225.42M | 680.48M |
Able Engineering Holdings Ltd. Technical Analysis
Positive
0.68
Price Trends
0.54
Positive
0.63
Negative
0.65
Negative
Market Momentum
>-0.01
Positive
52.62
Neutral
22.22
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1627, the sentiment is Positive. The current price of 0.68 is above the 20-day moving average (MA) of 0.57, above the 50-day MA of 0.54, and above the 200-day MA of 0.65, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 52.62 is Neutral, neither overbought nor oversold. The STOCH value of 22.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1627.
Able Engineering Holdings Ltd. Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
81 Outperform | HK$2.32B | 3.90 | 16.17% | 12.15% | 13.76% | 25.01% | |
71 Outperform | HK$1.14B | 3.23 | 13.68% | 9.09% | 26.57% | -2.39% | |
64 Neutral | HK$1.33B | 7.70 | 7.29% | 5.17% | -7.60% | 37.99% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
52 Neutral | HK$2.12B | 9.10 | 4.98% | ― | 96.63% | ― | |
45 Neutral | HK$821.69M | 707.71 | -7.82% | ― | -16.73% | 65.63% | |
41 Neutral | HK$522.55M | -236.90 | -4.50% | ― | -37.55% | -1727.78% |
* Industrials Sector Average
HK:1627
Able Engineering Holdings Ltd.
0.57
0.08
16.33%
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Wison Engineering Services Co., Ltd.
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Able Engineering Holdings Ltd. Corporate Events
Able Engineering Responds to Government Probe Into Housing Construction Malpractices
Jan 18, 2026
Able Engineering Holdings has issued a voluntary announcement in response to a Hong Kong government press release concerning construction malpractices at three Light Public Housing sites involving one of its subsidiaries. The company acknowledges ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.