Professional
Added to YB: 2025-10-24
Pitch date: 2025-10-09
1627.HK [bullish]
Able Engineering Holdings Limited
-21.43%
current return
Author Info
Stone Sentinel Capital utilizes differentiated thinking and fundamental analysis in crafting a concentrated portfolio of global equities with very favorable ri structures. Sign up for the newsletter.
Company Info
Able Engineering Holdings Limited, together with its subsidiaries, engages in the building construction business in Hong Kong.
Market Cap
HKD 1.4B
Pitch Price
HKD 0.70
Price Target
1.20 (+118%)
Dividend
8.33%
EV/EBITDA
-0.35
P/E
6.30
EV/Sales
-0.03
Sector
Construction and Engineering
Category
value
Stone Sentinel Capital New Position: Able Engineering Holdings
1627.HK (new position): Building construction/RMAA co trades 6x earnings, below cash w/ 9% dividend yield despite double-digit revenue/income growth. Office building impairment risk (24% vacancy) depresses stock. Target HKD 2.7b (vs 1.4b) on 8x normalized FCF. Even w/ 25-35% building writedown, 57-64% upside remains.
Read full article (2 min)