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HVM

Happy Valley NutritionASX:HVM Stock Report

Market Cap

AU$19.3m

7D

-4.2%

1Y

-39.3%

Updated

26 Oct, 2021

Data

Company Financials
HVM fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

HVM Overview

Happy Valley Nutrition Limited produces and sells infant milk formula and other nutritional products in New Zealand.

Price History & Performance

Summary of all time highs, changes and price drops for Happy Valley Nutrition
Historical stock prices
Current Share PriceAU$0.091
52 Week HighAU$0.089
52 Week LowAU$0.20
Beta0
1 Month Change-1.09%
3 Month Change-41.29%
1 Year Change-39.33%
3 Year Changen/a
5 Year Changen/a
Change since IPO-39.33%

Recent News & Updates

Dec 24
Companies Like Happy Valley Nutrition (ASX:HVM) Are In A Position To Invest In Growth

Companies Like Happy Valley Nutrition (ASX:HVM) Are In A Position To Invest In Growth

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...

Shareholder Returns

HVMAU FoodAU Market
7D-4.2%0.9%0.8%
1Y-39.3%5.6%24.4%

Return vs Industry: HVM underperformed the Australian Food industry which returned 5.6% over the past year.

Return vs Market: HVM underperformed the Australian Market which returned 24.4% over the past year.

Price Volatility

Is HVM's price volatile compared to industry and market?
HVM volatility
HVM Beta0
Industry Beta0.55
Market Beta1

Stable Share Price: HVM is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: HVM's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2016n/aGreg Woodhttps://www.hvn.co.nz

Happy Valley Nutrition Limited produces and sells infant milk formula and other nutritional products in New Zealand. The company was formerly known as Happy Valley Milk Limited and changed its name to Happy Valley Nutrition Limited in September 2019. Happy Valley Nutrition Limited was incorporated in 2016 and is headquartered in Auckland, New Zealand.

Happy Valley Nutrition Fundamentals Summary


Earnings & Revenue

Key profitability statistics from the latest earnings report
HVM income statement (TTM)
RevenueNZ$0
Cost of RevenueNZ$0
Gross ProfitNZ$0
ExpensesNZ$5.82m
Earnings-NZ$5.82m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.027
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio121.0%

How did HVM perform over the long term?

See historical performance and comparison

Valuation

Is Happy Valley Nutrition undervalued compared to its fair value and its price relative to the market?

1.52x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate HVM's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate HVM's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: HVM is unprofitable, so we can't compare its PE Ratio to the Australian Food industry average.

PE vs Market: HVM is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate HVM's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: HVM is good value based on its PB Ratio (1.5x) compared to the AU Food industry average (1.7x).


Future Growth

How is Happy Valley Nutrition forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

18.6%

Forecasted Food, Beverage & Tobacco industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Happy Valley Nutrition has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Happy Valley Nutrition performed over the past 5 years?

-33.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HVM is currently unprofitable.

Growing Profit Margin: HVM is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: HVM is unprofitable, and losses have increased over the past 5 years at a rate of 33.2% per year.

Accelerating Growth: Unable to compare HVM's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: HVM is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (45.2%).


Return on Equity

High ROE: HVM has a negative Return on Equity (-43.66%), as it is currently unprofitable.


Financial Health

How is Happy Valley Nutrition's financial position?


Financial Position Analysis

Short Term Liabilities: HVM's short term assets (NZ$6.7M) do not cover its short term liabilities (NZ$8.8M).

Long Term Liabilities: HVM's short term assets (NZ$6.7M) do not cover its long term liabilities (NZ$8.3M).


Debt to Equity History and Analysis

Debt Level: HVM's debt to equity ratio (121%) is considered high.

Reducing Debt: Insufficient data to determine if HVM's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: HVM has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: HVM has less than a year of cash runway if free cash flow continues to reduce at historical rates of 57.3% each year


Dividend

What is Happy Valley Nutrition current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate HVM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate HVM's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if HVM's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if HVM's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of HVM's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.8yrs

Average management tenure


CEO

Greg Wood

1.58yrs

Tenure

Mr. Gregory Wood, also known as Greg, serves as Chief Executive Officer and Director of Happy Valley Nutrition Limited since March 10, 2020 and serves as its Managing Director. Mr. Wood served as General M...


Leadership Team

Experienced Management: HVM's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: HVM's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: HVM insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Happy Valley Nutrition Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Happy Valley Nutrition Limited
  • Ticker: HVM
  • Exchange: ASX
  • Founded: 2016
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: AU$19.340m
  • Shares outstanding: 212.53m
  • Website: https://www.hvn.co.nz

Location

  • Happy Valley Nutrition Limited
  • 96 St Georges Bay Road
  • Parnell
  • Auckland
  • 1052
  • New Zealand

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 16:31
End of Day Share Price2021/10/26 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.