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Hong Kong-listed conglomerate of the Quek/Hong Leong family with interests in banking, hotels, property and financial services across Asia.
Hong Kong-listed conglomerate of the Quek/Hong Leong family with interests in banking, hotels, property and financial services across Asia.
Does not run most of its businesses itself but holds stakes in listed Asian companies, including Malaysia's Hong Leong Financial Group in banking and Singapore's GuocoLand in property, so profit blends shares of earnings, dividends and property gains.
In one line: An Asian, Berkshire-style diversified holding company.
Moat: narrow (scale, brand). Diversified conglomerate structure with holdings in established regional banking and hospitality brands.
Headquarters: Hong Kong · Founded: 1974 · Employees: 10,300
Size Guoco (0053.HK) is a Hong Kong Consumer Discretionary company (Hotels/Resorts/Cruise lines) with a market value of $2.90B, the 344th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$69.80 on 6 Nov 2026.
Performance Over six months the shares was unchanged, against +0.9% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — 11th highest of 21 in its peer set.
Growth Revenue fell 10.6% over the last twelve months (peer median +5.4%); the operating margin is 13.3% (peer median 17.7%).
Valuation It trades at 2.5× enterprise value to sales against a peer median of 3.1× (8th cheapest of 21).
Price implies For today's price to make sense, revenue must grow about -4% a year for seven years (Req g). Recent delivered growth is +16%, so the hurdle is -20 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 3.0 points below its cost of capital (5.0% WACC).
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|---|
| Revenue | HK$22.1B | HK$22.3B | HK$24.8B | HK$23.0B | HK$21.4B |
| Revenue growth | — | -10% | +8% | +8% | — |
| Gross profit | HK$7.50B | HK$7.65B | HK$9.15B | HK$8.78B | HK$8.95B |
| EBITDA | HK$4.04B | HK$4.05B | HK$5.18B | HK$5.24B | HK$4.62B |
| Net income | HK$3.20B | HK$3.20B | HK$4.00B | HK$3.59B | HK$3.44B |
| Free cash flow | n/a | HK$9.77B | HK$5.17B | HK$5.80B | HK$5.83B |
| Capital expenditure | HK$132M | HK$925M | HK$932M | HK$745M | HK$621M |
| Total debt | n/a | HK$38.5B | HK$48.3B | HK$45.0B | HK$45.0B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| Guoco 0053.HK | $2.90B | 0% | -11% | 13% | 2.5× | -3.9% |
| Jardine Matheson J36.SI | $17.8B | -15% | -7% | 8% | 1.6× | 0.2% |
| Swire Pacific 0019.HK | $17.0B | +23% | +7% | 12% | 2.8× | 6.9% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 0053.HK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -1.7% | +8.4% | 6th lowest of 21 |
| 6-month return | 0.0% | +0.9% | 11th highest of 21 |
| Distance from 52-week high | -13.3% | -16.5% | 9th highest of 21 |
| Revenue growth (TTM) | -10.6% | +5.4% | 2nd lowest of 21 |
| Operating margin | 13.3% | 17.7% | 8th lowest of 21 |
| EV / Sales | 2.5× | 3.1× | 8th cheapest of 21 |
| Growth the price implies (Req g, 7 yrs) | -3.9% | 3.2% | 7th least demanding of 19 |
| Growth delivered (Del g) | +16.0% | +22.4% | 6th lowest of 19 |
| Hurdle (Req g minus delivered) | -19.9 pp | -20.0 pp | 10th least demanding of 19 |
| ROIC minus cost of capital | -3.0 pp | +0.8 pp | 4th lowest of 20 |
| EV / EBITDA | 13.7× | 12.2× | 8th most expensive of 19 |
| Net debt / EBITDA | 3.6× | 2.4× | 8th most indebted of 19 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Guoco 0053.HK | Hong Kong | $2.90B | 0% | -11% | 13% | 2.5× | -3.9% | +16.0% |
| Melia Hotels International MEL.MC | Spain | $2.67B | -10% | +5% | 13% | 2.3× | 7.3% | +31.5% |
| Shanghai Jin Jiang International Hotels 600754.SS | China | $3.18B | -16% | +5% | 14% | 2.2× | -8.1% | +6.9% |
| Leela Palaces Hotels & Resorts THELEELA.NS | India | $2.45B | +65% | +17% | 42% | 14.5× | n/a | n/a |
| Resorttrust 4681.T | Japan | $2.36B | -1% | +8% | 12% | 1.4× | -6.4% | +9.4% |
| Scandic Hotels SHOT.ST | Sweden | $2.29B | +16% | +3% | 13% | 3.0× | 3.2% | +24.4% |
| BTG Hotels (Group) Co Ltd Shs -A- 600258.SS | China | $2.25B | -14% | -3% | 18% | 2.7× | -11.1% | +7.6% |
| Lindblad Expeditions LIND | United States | $2.23B | +61% | +17% | 8% | 3.1× | 33.0% | +56.4% |
| Hbx Group International HBX.MC | Spain | $2.19B | +29% | +4% | 38% | 3.6× | -4.2% | +18.4% |
| ITC Hotels ITCHOTELS.NS | India | $3.85B | +5% | +65% | 25% | 7.8× | 37.0% | +64.8% |
| Hotel Properties H15.SI | Singapore | $2.07B | +11% | +2% | 7% | 6.8× | n/a | n/a |
| EIH EIHOTEL.NS | India | $2.07B | -7% | +8% | 29% | 6.5× | 28.9% | +42.9% |
| Monte-Carlo Societe des Bains de Mer BAIN.PA | France | $4.06B | +9% | +12% | 9% | 4.1× | 24.2% | +20.7% |
| Kyoritsu Maintenance 9616.T | Japan | $2.00B | +47% | +20% | 9% | 1.5× | 2.3% | +17.8% |
| Monarch Casino & Resort MCRI | United States | $1.92B | -8% | +5% | 27% | 3.2× | 6.7% | +24.2% |
| Chalet Hotels CHALET.NS | India | $1.88B | +2% | -17% | 34% | 9.3× | 24.1% | +57.5% |
| Shangri-La Asia 0069.HK | Hong Kong | $1.87B | -9% | +5% | 35% | 3.3× | -8.7% | +16.8% |
| Travel + Leisure TNL | United States | $4.54B | +15% | +5% | 17% | 2.5× | 3.2% | +11.2% |
| Melco Resorts & Entertainment Ltd. Sponsored ADR MLCO | United States | $1.79B | -16% | +6% | 12% | 1.6× | -6.2% | +24.5% |
| Atour Lifestyle Holdings Ltd. Sponsored ADR ATAT | United States | $4.82B | -6% | +45% | 21% | 2.5× | 1.8% | +43.1% |
| Red Rock Resorts RRR | United States | $5.06B | -11% | +1% | 23% | 4.4× | 13.3% | +11.2% |