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We've identified the following companies as similar to Hongkong Land Holdings Limited because they operate in a related industry or sector. We also considered size, growth, and various financial metrics to narrow down the list to the ones listed below.
To view the full list of supported financial metrics please see Complete Metrics Listing.
Metrics similar to EBIT CAGR (5y) in the growth category include:
Five-year compound annual growth rate in EBIT.
EBIT CAGR (5y) measures the five-year compound annual growth rate in EBIT.
Compound annual growth rate (CAGR) is a commonly used business and investing term that measures the growth of a metric over multiple periods. CAGRs are useful since they reduce the effect of volatility in specific periods, unlike arithmetic means.
You can find the calculation details for Hongkong Land’s EBIT CAGR outlined below. The calculation starts by listing values for EBIT for the last six fiscal years that are required to calculate CAGR:
| Fiscal Year | EBIT | YoY Growth |
|---|---|---|
| 2019-12-31T00:00:00.000Z | 1.17 B | |
| 2020-12-31T00:00:00.000Z | 952.8 M | −18.6% |
| 2021-12-31T00:00:00.000Z | 907.9 M | −4.7% |
| 2022-12-31T00:00:00.000Z | 847.5 M | −6.7% |
| 2023-12-31T00:00:00.000Z | 763.4 M | −9.9% |
| 2024-12-31T00:00:00.000Z | 597.7 M | −21.7% |
Using the values for EBIT listed in the table above, we can calculate three-year EBIT CAGR as follows:
Number of years = 5
Multiplier = $597.7 M / $1.17 B = 0.51
5 Year CAGR = 0.51 ^ (1/5) - 1 = −12.6%
Growth calculations are always made in the company’s reporting currency to ensure currency fluctuations do not impact the calculation. Hongkong Land’s reports in the USD currency. You can read more about EBIT here and compound annual growth rate on Wikipedia. You may also find variants three-year EBIT CAGR, and seven-year EBIT CAGR useful.