APAC Logistics Industry Report H2 2019
Introduction
We are pleased to share with you a summary update of market valuations and activities in the Asia Pacific logistics industry for the second half of 2019.
Logistics is one of the key sectors in which Armor specializes in and closely follows market trends. Please contact us for further discussion.
Based on quarterly data, valuations of Asia Pacific’s public companies in Q4-2019 (based on EBIT) is at a similar level as Q3-2018.
Based on 90-100 selected companies, the table above illustrates that industry returns are on a downturn, while companies’ margins have been stable. Leverage ratios indicate improved financial positions over the past few years.
M&A deal count in H2-2019 remain lower than in H2-2018. The total transaction value in H2-2019 was less than a quarter of H2-2018 (USD 1,331m vs. 253m), mainly due to smaller sized transactions in 2019.
M&A deal count in H2-2019 remain lower than in H2-2018. The total transaction value in H2-2019 was less than a quarter of H2-2018 (USD 1,331m vs. 253m), mainly due to smaller sized transactions in 2019.