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MTR (0066) AI Stock Analysis
MTR
(HKEX:0066)
The score is primarily held back by weak cash-flow quality and persistently negative free cash flow alongside rising leverage, despite strong reported profitability. Offsetting that, technicals are moderately constructive (price above key moving averages with positive MACD), and valuation is supportive with a reasonable P/E and an attractive dividend yield.
MTR (0066) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 26.59B
- Dividend Yield
- 3.93%
- Average Volume (3M)
- 5.11M
- Price to Earnings (P/E)
- 9.1
- Beta (1Y)
- 0.39
- Revenue Growth
- -6.48%
- EPS Growth
- 30.99%
- Country
- Hong Kong
- Employees
- 29,866
- Sector
- Industrials
- Sector Strength
- 63
- Industry
- Railroads
MTR Business Overview & Revenue Model
Company Description
MTR Corporation Limited, established in 1975 and based in Kowloon Bay, Hong Kong, is a diversified global enterprise that designs, builds, operates, maintains, and invests in railway systems. Its extensive geographical reach includes operations in Ho...
How the Company Makes Money
MTR makes money primarily through a mix of (1) transport operations and (2) property and commercial businesses. 1) Transport operations (fare and service revenue) - Passenger fares: Revenue from riders using MTR’s rail services (and related transport...
MTR Financial Statement Overview
Summary
Reported profitability is strong (income statement score 72) and the equity base is solid (balance sheet score 63), but cash conversion is a major weakness (cash flow score 38) with persistently negative free cash flow and only modest operating cash flow coverage of earnings. Rising leverage and a recent revenue decline add risk, pulling the combined financial performance score down.
Income Statement
72PositiveBalance Sheet
63PositiveCash Flow
38Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 54.34B | 55.47B | 60.01B | 56.98B | 47.81B | 47.20B |
| Gross Profit | 9.88B | 13.41B | 13.71B | 9.60B | 2.47B | 3.03B |
| EBITDA | 8.17B | 14.82B | 27.06B | 17.67B | 17.90B | 17.80B |
| Net Income | 22.80B | 14.04B | 15.77B | 7.78B | 9.83B | 9.55B |
Balance Sheet | ||||||
| Total Assets | 492.34B | 398.94B | 367.50B | 346.43B | 327.08B | 292.08B |
| Cash, Cash Equivalents and Short-Term Investments | 114.00B | 44.24B | 27.89B | 22.38B | 16.37B | 21.20B |
| Total Debt | 203.82B | 122.43B | 77.68B | 59.63B | 47.99B | 43.90B |
| Total Liabilities | 287.38B | 206.04B | 181.37B | 167.57B | 147.17B | 112.05B |
| Stockholders Equity | 204.27B | 192.22B | 185.63B | 178.34B | 179.29B | 179.71B |
Cash Flow | ||||||
| Free Cash Flow | -9.11B | -7.72B | -925.00M | -1.14B | -12.53B | -1.17B |
| Operating Cash Flow | 13.74B | 11.87B | 18.49B | 11.20B | 6.76B | 7.47B |
| Investing Cash Flow | -24.85B | -16.57B | -20.27B | -7.72B | -1.99B | 5.97B |
| Financing Cash Flow | 67.82B | 20.91B | 8.50B | 1.87B | -4.57B | -14.53B |
MTR Peers Comparison
Overall Rating
HK:007774Outperform
HK:030668Neutral
HK:006266Neutral- HK:006664Neutral
HK:052564Neutral
HK:396962Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| HK:0077 | 74Outperform | HKD 135.96M | 7.56 | 52.46% | 12.00% | 5.09% | 113.92% |
| HK:0306 | 68Neutral | HKD 1.14B | 4.71 | 10.95% | 8.33% | 10.86% | 90.59% |
| HK:0062 | 66Neutral | HKD 4.54B | 18.92 | 1.37% | 9.46% | 0.54% | -12.72% |
| HK:0066 | 64Neutral | HKD 207.41B | 9.08 | 11.50% | 3.93% | -6.48% | 30.99% |
| HK:0525 | 64Neutral | HKD 23.44B | 16.23 | 4.61% | 4.74% | ― | ― |
| Sector * | 63Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
| HK:3969 | 62Neutral | HKD 55.73B | 15.80 | 7.16% | 6.59% | 5.74% | 4.38% |
* Industrials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:0066 | MTR Corporation | 33.32 | 5.47 | 19.65% | |
| HK:3969 | China Railway Signal & Communication Corp Class H | 2.96 | -0.28 | -8.71% | |
| HK:0525 | Guangshen Railway Company Class H | 2.18 | 0.03 | 1.25% | |
| HK:0062 | Transport International Holdings Limited | 8.46 | -1.71 | -16.83% | |
| HK:0306 | Kwoon Chung Bus Holdings Limited | 2.40 | 0.17 | 7.58% | |
| HK:0077 | AMS Public Transport Holdings Limited | 0.50 | 0.10 | 25.31% |
MTR Corporate Events
MTR sets August board meeting to review interim results and dividend
MTR Corporation Limited has scheduled a board meeting for 13 August 2026 to approve the unaudited financial results for the six months ended 30 June 2026 and to consider declaring an interim dividend. The timing of this meeting signals the company...
MTR updates board and executive roles ahead of new governance term
MTR Corporation Limited has announced an updated list of members of its Board and Executive Directorate, detailing their roles as non-executive, independent non-executive and executive directors as well as committee responsibilities. The board includ...
MTR Shareholders Approve All AGM Resolutions and Refresh Board Committees
MTR Corporation reported that all resolutions at its 2026 annual general meeting were passed by substantial majorities, including approval of the 2025 audited financial statements, declaration of a final dividend, re-election and election of several...
MTR Updates Board and Executive Roles in Governance Restructuring
MTR Corporation has announced an updated list of its Board members and Executive Directorate, detailing the roles of non-executive, independent non-executive and executive directors across key governance committees. The structure underscores strong r...
MTR reshapes government-linked board representation with new alternate director
MTR Corporation has announced a change in its board representation linked to the Hong Kong government’s transport bureau, reflecting routine rotation within its non-executive oversight structure. The shift underscores the continued influence of...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Aug 04, 2026