SJM Holdings Limited (SJMHY)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
SJM Holdings Limited (SJMHY) trades at $0.69. SJM Holdings Limited operates casinos and related facilities in Macau, Hong Kong, and internationally. The company is a subsidiary of Sociedade de Turismo e Diversões de Macau, S. A. Market cap: $1.23B, Sector: Consumer cyclical.
Price live · AI analysis from Mar 16, 2026Analyst Coverage for SJMHY: SJMHY does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates SJMHY against Consumer Cyclical peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
SJMHY: 1/1 perspectives are bearish.
How is this calculated? →SJM Holdings Limited (SJMHY) Consumer Business Overview
SJM Holdings Limited, a leading operator in Macau's gaming industry, focuses on VIP gaming, mass market table gaming, and slot machine operations. The company also diversifies into hotel, catering, retail, and leasing activities, positioning itself to capture a broad spectrum of tourism and entertainment spending in the region.
What Is the Investment Thesis for SJMHY?
SJM Holdings presents a mixed investment thesis. The company's established presence in Macau's gaming market and diversified operations across gaming and hospitality sectors offer potential for long-term growth, particularly as tourism recovers. However, the company's negative P/E ratio of -36.04 and negative profit margin of -1.9% indicate current profitability challenges. The beta of 0.66 suggests lower volatility compared to the market, but the absence of a dividend yield may deter income-focused investors. Key catalysts include the ongoing recovery of tourism in Macau and the potential for new gaming licenses. Investors should carefully weigh these factors against the risks associated with the gaming industry and SJM Holdings' current financial performance.
Based on FMP financials and quantitative analysis
SJMHY Key Highlights
- SJM Holdings operates in the Gaming Operations segment, which includes VIP gaming, mass market table gaming, and slot machine operations.
- The company's Hotel, Catering, Retail and Leasing Operations segment operates a hotel and offers catering, retail, leasing and related activities.
- SJM Holdings' gross margin is 65.8%, indicating strong potential for profitability if operational efficiencies are improved.
- The company's beta of 0.66 suggests lower volatility compared to the broader market.
- SJM Holdings is a subsidiary of Sociedade de Turismo e Diversões de Macau, S.A., providing a stable ownership structure.
Who Are SJMHY's Competitors?
SJMHY is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| FAURY Forvia Se | $1.93 | +0.00% | $1.52B | 41 |
| FURCF Forvia SE | $9.77 | +0.00% | $1.92B | 41 |
| GEBHF Genting Berhad | $0.49 | +0.00% | $9.43B | 47 |
| GMALY Genting Malaysia Berhad | $11.00 | +0.00% | $2.49B | 52 |
| JTEKF JTEKT Corporation | $10.00 | +0.00% | $3.18B | 45 |
| PDSSF Paradise Entertainment Limited | $0.09 | +0.00% | $96.39M | 63 |
| RSI Rush Street Interactive (RSI) | $31.68 | +1.34% | $7.53B | 62 |
| CDRO Codere Online Luxembourg, S.A. | $9.56 | +1.70% | $434.69M | 59 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are SJMHY's Key Strengths?
- Established presence in Macau gaming market
- Diversified operations across gaming and hospitality
- Strong brand recognition
- Integrated resorts offering a range of amenities
What Are SJMHY's Weaknesses?
- Negative P/E ratio and profit margin
- Reliance on Macau gaming market
- Exposure to regulatory changes
- Vulnerability to economic cycles
What Could Drive SJMHY Stock Higher?
- Recovery of tourism in Macau following the easing of travel restrictions.
- Potential for new gaming licenses to be issued in Macau.
- Expansion of mass market gaming segment.
- Development of new integrated resorts in Macau.
- Diversification into non-gaming activities.
What Are the Key Risks for SJMHY?
- Financial-distress signal — its Altman Z-Score of 1.06 sits in the distress zone (elevated bankruptcy risk).
- Negative return on equity (-3.2%) — the business is not currently generating profit on shareholder capital.
- Economic downturns affecting tourism and gaming spending.
- Intense competition in the gaming industry.
- Regulatory changes impacting gaming operations in Macau.
- Geopolitical risks affecting Macau.
- Currency risk associated with investing in an ADR.
What Are the Growth Opportunities for SJMHY?
- Recovery of Macau Tourism: The resurgence of tourism in Macau following the easing of travel restrictions presents a significant growth opportunity for SJM Holdings. As visitor numbers increase, the demand for gaming and hospitality services is expected to rise, boosting the company's revenue. The Macau government's efforts to promote tourism and attract international visitors further support this growth opportunity. The timeline for full recovery is estimated to be within the next 2-3 years, with the market potentially reaching pre-pandemic levels by 2028.
- Expansion of Mass Market Gaming: SJM Holdings can capitalize on the growing mass market gaming segment in Macau. By focusing on attracting a broader range of customers with diverse gaming preferences, the company can reduce its reliance on VIP gaming, which is more susceptible to economic fluctuations and regulatory scrutiny. This strategy involves offering a wider variety of gaming options, enhancing customer service, and implementing targeted marketing campaigns. The mass market segment is projected to grow at a rate of 5-7% annually over the next five years.
- Development of New Integrated Resorts: Investing in the development of new integrated resorts in Macau can provide SJM Holdings with a competitive edge. These resorts can offer a comprehensive range of amenities, including gaming facilities, hotels, restaurants, retail outlets, and entertainment venues, attracting a larger customer base and increasing revenue streams. The company can leverage its expertise in property development and casino operations management to create world-class integrated resorts that cater to the evolving needs of tourists and gamers. Several new resorts are planned for completion by 2030.
- Diversification into Non-Gaming Activities: SJM Holdings can diversify its revenue streams by expanding its non-gaming activities, such as hotel operations, catering services, retail outlets, and entertainment offerings. This strategy can help the company reduce its dependence on gaming revenue and create a more stable and sustainable business model. By offering a wider range of services and experiences, SJM Holdings can attract a broader customer base and increase its overall profitability. The non-gaming sector is projected to grow at 8-10% annually.
- Strategic Partnerships and Acquisitions: SJM Holdings can pursue strategic partnerships and acquisitions to expand its market reach and enhance its competitive position. Collaborating with other companies in the gaming and hospitality industries can provide access to new markets, technologies, and customer segments. Acquiring complementary businesses can strengthen the company's existing operations and diversify its revenue streams. These partnerships and acquisitions can create synergies and unlock new growth opportunities for SJM Holdings. Potential acquisitions may include smaller hotel chains or entertainment companies.
What Opportunities Does SJMHY Have?
- Recovery of Macau tourism
- Expansion of mass market gaming
- Development of new integrated resorts
- Diversification into non-gaming activities
What Threats Does SJMHY Face?
- Intense competition in the gaming industry
- Economic downturns affecting tourism and gaming spending
- Regulatory changes impacting gaming operations
- Geopolitical risks affecting Macau
What Are SJMHY's Competitive Advantages?
- Established presence in the Macau gaming market.
- Diversified operations across gaming and hospitality sectors.
- Strong brand recognition and reputation.
- Access to a large customer base through its integrated resorts.
What Does SJMHY Do?
SJM Holdings Limited, established in 2006 and headquartered in Central, Hong Kong, is an investment holding company engaged in the ownership, development, and operation of casinos and related facilities. Its primary geographic focus is Macau, a global hub for gaming and entertainment, with additional operations in Hong Kong and internationally. The company operates through two main segments: Gaming Operations, which encompasses VIP gaming, mass market table gaming, slot machines, and other gaming activities; and Hotel, Catering, Retail and Leasing Operations, which includes hotel operations, catering services, retail outlets, leasing activities, and related services. SJM Holdings provides a range of supporting services, including marketing and promotion, property development, casino operations management, dredging, gaming promotion, human resources and project management, food and beverage, treasury, and hospitality services. As a subsidiary of Sociedade de Turismo e Diversões de Macau, S.A., SJM Holdings benefits from a strong legacy and established presence in the Macau gaming market.
What Products and Services Does SJMHY Offer?
- Owns, develops, and operates casinos in Macau, Hong Kong, and internationally.
- Engages in VIP gaming operations.
- Offers mass market table gaming.
- Provides slot machine gaming.
- Operates hotels.
- Offers catering services.
- Provides retail and leasing operations.
- Provides marketing and promotion services.
How Does SJMHY Make Money?
- Generates revenue from gaming operations, including VIP gaming, mass market table gaming, and slot machines.
- Earns revenue from hotel operations, catering services, retail outlets, and leasing activities.
- Provides marketing and promotion services to attract customers.
- Manages casino operations and provides related services.
What Industry Does SJMHY Operate In?
SJM Holdings operates within the global gambling, resorts, and casinos industry, which is characterized by intense competition and sensitivity to economic cycles and regulatory changes. The Macau gaming market, where SJM Holdings has a significant presence, is one of the largest in the world. The industry is currently experiencing a recovery phase following the COVID-19 pandemic, with tourism gradually returning to pre-pandemic levels. Competitors include FAURY (Flutter Entertainment), FURCF (Entain PLC), GEBHF (Groupe Partouche SA), GMALY (Genting Malaysia Berhad), and JTEKF (Japan Entertainment Corp).
Who Are SJMHY's Key Customers?
- VIP gamers seeking high-stakes gaming experiences.
- Mass market gamers looking for a variety of gaming options.
- Tourists and visitors seeking entertainment and leisure activities.
- Hotel guests requiring accommodation and related services.
- Retail customers purchasing goods and services at the company's outlets.
FY2026 estForward Outlook
Wall Street analysts project SJM Holdings Limited revenue of about $25.46B for fiscal 2026, with EPS near $0.00. The estimate reflects 8 contributing analysts.
SJMHY Valuation & Market Position
With a $1.23B market cap, SJM Holdings Limited sits in the small-cap segment of the market.
ROE -3%Key Financial Metrics
Return on equity for SJM Holdings Limited stands at -3.2%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -0.8%, showing how much profit it generates from its asset base. Its free cash flow yield is -8.2%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.27 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is -4.1%, the inverse of the P/E and a quick read on earnings relative to price.
F-Score 5/9Financial Health
SJM Holdings Limited's Piotroski F-Score is 5/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 1.06 places it in the distress zone, a signal of elevated financial risk.
Company Profile
SJM Holdings Limited operates in the Gambling, Resorts & Casinos industry within the Consumer Cyclical sector. It is headquartered in Central, HK. The company is led by CEO On Kei Leong. SJMHY has traded publicly since 2015.
SJMHY Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Recent insider buying signals confidence in SJM Holdings' future prospects, indicating that leadership believes in the company's direction.
- Community sentiment has shifted positively, with discussions highlighting the potential growth in the gaming sector, which SJM is well-positioned to capitalize on.
- SJM's recent expansion efforts in Macau have garnered attention, suggesting that they are adapting to market demands effectively.
- Market perception is improving as analysts note SJM's solid operational strategies amidst a recovering tourism sector.
Bear Case
- Concerns about regulatory changes in Macau create uncertainty around SJM's operational landscape, leading to bearish sentiment among some investors.
- Recent community discussions have raised alarms about rising competition in the gaming sector, which could impact SJM's market share.
- Some investors express skepticism about SJM's ability to maintain profitability in the face of economic headwinds, reflecting a cautious outlook.
- Insider selling activity has raised eyebrows, prompting questions about the company's short-term performance and leadership's confidence.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
SJMHY Latest News
No recent news available for SJMHY.
SJMHY Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for SJMHY.
Price Targets
Wall Street price target analysis for SJMHY.
SJMHY MoonshotScore
What does this score mean?
The MoonshotScore rates SJMHY's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: On Kei Leong
Unknown
On Kei Leong is the managing person for SJM Holdings Limited, overseeing a workforce of 20,400 employees. Details regarding On Kei Leong's specific educational background and previous roles are not available in the provided data. Further research would be needed to provide a comprehensive profile of their career history and credentials.
Track Record: Due to limited information, it is not possible to assess On Kei Leong's track record or highlight key achievements, strategic decisions, or company milestones under their leadership. Additional data is required to evaluate their performance and contributions to SJM Holdings Limited.
SJM Holdings Limited ADR Information Unsponsored
An American Depositary Receipt (ADR) is a certificate representing shares of a foreign company trading on U.S. stock exchanges. SJMHY, as an ADR, allows U.S. investors to invest in SJM Holdings Limited without the complexities of cross-border transactions. Each SJMHY ADR represents a specific number of shares of SJM Holdings Limited's stock traded on its home market.
- Home Market Ticker: Hong Kong Stock Exchange (SJMH), Hong Kong
- ADR Level: 1
- ADR Ratio: 1:1
- Home Market Ticker: SJMH
SJMHY OTC Market Information
The OTC Other tier represents the lowest tier of the over-the-counter (OTC) market, indicating that SJMHY has the least stringent listing requirements and may have limited financial disclosure. Unlike companies listed on major exchanges like the NYSE or NASDAQ, OTC Other companies often do not meet minimum financial standards or reporting requirements. This can result in less transparency and greater risk for investors compared to exchange-listed companies.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited financial disclosure and transparency
- Low trading volume and liquidity
- Potential for price volatility
- Higher risk of fraud or manipulation
- Lack of regulatory oversight
- Verify the company's registration and legal status
- Obtain and review available financial statements
- Research the company's management team and their track record
- Assess the company's business model and competitive landscape
- Evaluate the company's risk factors and potential liabilities
- Consult with a financial advisor or legal professional
- Understand the risks associated with investing in OTC securities
- Subsidiary of Sociedade de Turismo e Diversões de Macau, S.A.
- Operates in a regulated industry (gaming)
- Has a physical presence and operations in Macau and Hong Kong
- Employs a significant number of people (20400)
What Investors Ask About SJM Holdings Limited (SJMHY) — Consumer Cyclical
What does SJM Holdings Limited do?
SJM Holdings Limited is an investment holding company that owns, develops, and operates casinos and related facilities primarily in Macau. The company operates through two segments: Gaming Operations, encompassing VIP gaming, mass market table gaming, and slot machines; and Hotel, Catering, Retail and Leasing Operations, which includes hotel operations, catering services, retail outlets, and leasing activities. SJM Holdings aims to capture a significant share of the tourism and entertainment market in Macau and surrounding regions.
What are the main risks for SJMHY?
The main risks for SJMHY include economic downturns affecting tourism and gaming spending, intense competition in the gaming industry, regulatory changes impacting gaming operations in Macau, and geopolitical risks affecting the region. Additionally, as an ADR, SJMHY is subject to currency risk, which can impact the value of investments for U.S. investors. Investors should carefully consider these risks before investing in SJMHY.
What are the key factors to evaluate for SJMHY?
Evaluate SJMHY on fundamentals, analyst consensus, and risk factors. Not financial advice.
How frequently does SJMHY data refresh on this page?
SJMHY prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven SJMHY's recent stock price performance?
SJM Holdings Limited (SJMHY) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Established presence in Macau gaming market. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider SJMHY overvalued or undervalued right now?
Valuing SJM Holdings Limited (SJMHY) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying SJMHY?
Before investing in SJM Holdings Limited (SJMHY), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Why might investors consider adding SJMHY to a portfolio?
Key strength of SJM Holdings Limited (SJMHY): Established presence in Macau gaming market. Weigh rewards against risks and diversify. Not financial advice.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Limited analyst coverage on SJMHY may affect the accuracy of consensus estimates.
- The OTC market carries higher risks compared to major exchanges.