| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 4/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
HT1 Stock Overview
HT&E Limited, together with its subsidiaries, operates as a media and entertainment company in Australia and Hong Kong.
HT&E Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$2.00 |
| 52 Week High | AU$2.20 |
| 52 Week Low | AU$1.46 |
| Beta | 0.84 |
| 1 Month Change | 1.52% |
| 3 Month Change | 31.58% |
| 1 Year Change | 13.64% |
| 3 Year Change | 24.61% |
| 5 Year Change | -24.24% |
| Change since IPO | -80.95% |
Recent News & Updates
HT&E's (ASX:HT1) Solid Earnings May Rest On Weak Foundations
The recent earnings posted by HT&E Limited ( ASX:HT1 ) were solid, but the stock didn't move as much as we expected. We...
We Think HT&E (ASX:HT1) Can Stay On Top Of Its Debt
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Shareholder Returns
| HT1 | AU Media | AU Market | |
|---|---|---|---|
| 7D | -3.4% | -2.0% | -2.8% |
| 1Y | 13.6% | 11.5% | 5.8% |
Return vs Industry: HT1 exceeded the Australian Media industry which returned 11.5% over the past year.
Return vs Market: HT1 exceeded the Australian Market which returned 5.8% over the past year.
Price Volatility
| HT1 volatility | |
|---|---|
| HT1 Average Weekly Movement | 10.9% |
| Media Industry Average Movement | 10.3% |
| Market Average Movement | 8.6% |
| 10% most volatile stocks in AU Market | 15.4% |
| 10% least volatile stocks in AU Market | 3.7% |
Stable Share Price: HT1 is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: HT1's weekly volatility (11%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1988 | n/a | Ciaran Davis | https://www.htande.com.au |
HT&E Limited, together with its subsidiaries, operates as a media and entertainment company in Australia and Hong Kong. The company operates through three segments: Australian Radio Network, HK Outdoor, and Digital Investments. It owns and operates Australian Radio Network under The KIIS Network, The Pure Gold Network, iHeartRadio, and The Edge brands.
HT&E Fundamentals Summary
| HT1 fundamental statistics | |
|---|---|
| Market Cap | AU$550.31m |
| Earnings (TTM) | AU$26.92m |
| Revenue (TTM) | AU$214.13m |
20.4x
P/E Ratio2.6x
P/S RatioIs HT1 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| HT1 income statement (TTM) | |
|---|---|
| Revenue | AU$214.13m |
| Cost of Revenue | AU$152.57m |
| Gross Profit | AU$61.56m |
| Expenses | AU$34.64m |
| Earnings | AU$26.92m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.098 |
| Gross Margin | 28.75% |
| Net Profit Margin | 12.57% |
| Debt/Equity Ratio | 0.9% |
How did HT1 perform over the long term?
See historical performance and comparisonDividends
3.5%
Current Dividend Yield36%
Payout RatioValuation
Is HT&E undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: HT1 (A$2) is trading below our estimate of fair value (A$4.16)
Significantly Below Fair Value: HT1 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HT1's PE Ratio (20.4x) is in line with the Australian Media industry average.
PE vs Market: HT1 is poor value based on its PE Ratio (20.4x) compared to the Australian market (18.6x).
Price to Earnings Growth Ratio
PEG Ratio: HT1 is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: HT1 is good value based on its PB Ratio (1.2x) compared to the AU Media industry average (2.4x).
Future Growth
How is HT&E forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
37.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HT1's forecast earnings growth (37.8% per year) is above the savings rate (1.9%).
Earnings vs Market: HT1's earnings (37.8% per year) are forecast to grow faster than the Australian market (11.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: HT1's revenue (15.9% per year) is forecast to grow faster than the Australian market (4.8% per year).
High Growth Revenue: HT1's revenue (15.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HT1's Return on Equity is forecast to be low in 3 years time (9.6%).
Past Performance
How has HT&E performed over the past 5 years?
-62.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HT1 has high quality earnings.
Growing Profit Margin: HT1 became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: HT1's earnings have declined by 62.6% per year over the past 5 years.
Accelerating Growth: HT1 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: HT1 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Media industry (35.2%).
Return on Equity
High ROE: HT1's Return on Equity (6.1%) is considered low.
Financial Health
How is HT&E's financial position?
Financial Position Analysis
Short Term Liabilities: HT1's short term assets (A$204.2M) exceed its short term liabilities (A$54.2M).
Long Term Liabilities: HT1's short term assets (A$204.2M) exceed its long term liabilities (A$152.6M).
Debt to Equity History and Analysis
Debt Level: HT1 has more cash than its total debt.
Reducing Debt: HT1's debt to equity ratio has reduced from 59.1% to 0.9% over the past 5 years.
Debt Coverage: HT1's debt is well covered by operating cash flow (1239.9%).
Interest Coverage: HT1's interest payments on its debt are well covered by EBIT (11x coverage).
Balance Sheet
Dividend
What is HT&E current dividend yield, its reliability and sustainability?
3.50%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HT1's dividend (3.5%) is higher than the bottom 25% of dividend payers in the Australian market (2.25%).
High Dividend: HT1's dividend (3.5%) is low compared to the top 25% of dividend payers in the Australian market (5.52%).
Stability and Growth of Payments
Stable Dividend: HT1's dividend payments have been volatile in the past 10 years.
Growing Dividend: HT1's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (36.2%), HT1's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: HT1's dividends in 3 years are forecast to be covered by earnings (61.2% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.4yrs
Average management tenure
CEO
Ciaran Davis
6.42yrs
Tenure
AU$1,197,108
Compensation
Mr. Ciaran Davis has been the Chief Executive Officer HT&E Limited (formerly known as APN News & Media Limited) since August 20, 2015. Mr. Davis has been Managing Director and Executive Director of HT&E Li...
CEO Compensation Analysis
Compensation vs Market: Ciaran's total compensation ($USD862.53K) is about average for companies of similar size in the Australian market ($USD751.45K).
Compensation vs Earnings: Ciaran's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: HT1's management team is considered experienced (2.4 years average tenure).
Board Members
Experienced Board: HT1's board of directors are considered experienced (3.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if 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
HT&E Limited's employee growth, exchange listings and data sources
Key Information
- Name: HT&E Limited
- Ticker: HT1
- Exchange: ASX
- Founded: 1988
- Industry: Broadcasting
- Sector: Media
- Implied Market Cap: AU$550.310m
- Shares outstanding: 275.15m
- Website: https://www.htande.com.au
Location
- HT&E Limited
- 3 Byfield Street
- Macquarie Park
- Sydney
- New South Wales
- 2113
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/22 07:02 |
| End of Day Share Price | 2022/01/21 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.