Employees: 1,507
Size SmarTone Telecommunications (0315.HK) is a Hong Kong Communication Services company (Wireless Telecommunications) with a market value of $663M, the 691st largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$4.72 on 6 Nov 2026.
Performance Over six months the shares fell 9.4%, against -10.2% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — 5th highest of 9 in its peer set.
Growth Revenue grew 5.6% over the last twelve months (peer median +18.8%); the operating margin is 11.4% (peer median 6.4%).
Valuation It trades at 9.2× forward earnings against a peer median of 25.7× (cheapest of 7).
Price implies For today's price to make sense, revenue must grow about -17% a year for seven years (Req g). Recent delivered growth is 0%, so the hurdle is -17 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 4.8 points above its cost of capital (5.2% WACC).
Next results Next results expected around 24 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|---|
| Revenue | HK$6.60B | HK$6.60B | HK$6.25B | HK$6.22B | HK$6.76B |
| Revenue growth | — | +6% | +1% | -8% | — |
| Gross profit | HK$1.61B | HK$1.61B | HK$1.66B | HK$1.67B | HK$1.69B |
| EBITDA | HK$2.39B | HK$2.39B | HK$2.44B | HK$2.44B | HK$2.46B |
| Net income | HK$525M | HK$525M | HK$479M | HK$470M | HK$269M |
| Free cash flow | HK$1.75B | HK$1.75B | HK$1.61B | HK$1.63B | HK$1.63B |
| Capital expenditure | HK$816M | HK$816M | HK$842M | HK$827M | HK$928M |
| Total debt | n/a | HK$3.38B | HK$3.55B | HK$963M | HK$853M |
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.
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 | 0315.HK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -2.4% | -2.7% | 5th highest of 10 |
| 6-month return | -9.4% | -10.2% | 5th highest of 9 |
| Distance from 52-week high | -10.9% | -34.2% | 2nd highest of 10 |
| Revenue growth (TTM) | +5.6% | +18.8% | 4th lowest of 10 |
| Operating margin | 11.4% | 6.4% | 5th highest of 10 |
| Forward P/E | 9.2× | 25.7× | cheapest of 7 |
| Growth the price implies (Req g, 7 yrs) | -17.5% | -1.9% | least demanding of 7 |
| Growth delivered (Del g) | -0.3% | +11.1% | 2nd lowest of 7 |
| Hurdle (Req g minus delivered) | -17.1 pp | -8.8 pp | 3rd least demanding of 7 |
| ROIC minus cost of capital | +4.8 pp | -6.1 pp | 3rd highest of 10 |
| EV / EBITDA | 2.5× | 7.8× | 2nd cheapest of 8 |
| Net debt / EBITDA | 0.3× | -0.2× | 4th most indebted of 8 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| SmarTone Telecommunications 0315.HK | Hong Kong | $663M | -9% | +6% | 11% | 9.2× | -17.5% | -0.3% |
| Hutchison Telecommunications Hong Kong 0215.HK | Hong Kong | $679M | -9% | +23% | 0% | 55.2× | -7.2% | +3.7% |
| Tuas TUA.AX | Australia | $555M | -75% | +21% | 12% | 23.9× | -0.1% | +44.5% |
| Wuxi Online Offline Communication Information Technology 300959.SZ | China | $808M | -29% | -50% | -12% | n/a | 21.5% | -12.1% |
| Gogo GOGO | United States | $526M | -12% | +30% | 12% | 35.3× | n/a | n/a |
| Vision, Inc. ( Japan) 9416.T | Japan | $310M | -9% | +6% | 17% | 9.7× | -15.5% | +18.6% |
| Anterix ATEX | United States | $1.46B | +33% | +19% | -579% | n/a | 45.3% | +47.8% |
| Okinawa Cellular Telephone 9436.T | Japan | $1.90B | -3% | +5% | 24% | 21.2× | -3.7% | +3.1% |
| Digi Spain Telecom, S.A. Unipersonal DIGIS.MC | Spain | $2.16B | n/a | +19% | 6% | n/a | n/a | n/a |
| Array Digital Infrastructure AD | United States | $2.59B | -46% | -94% | 1% | 27.6× | n/a | n/a |