Executive Summary
HT&E Limited, together with its subsidiaries, operates as a media and entertainment company in Australia and Hong Kong. More Details
Rewards
Risk Analysis
No risks detected for HT1 from our risk checks.
Snowflake Analysis
Excellent balance sheet with reasonable growth potential.
Similar Companies
Share Price & News
How has HT&E's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HT1 is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: HT1's weekly volatility (7%) has been stable over the past year.
Market Performance
7 Day Return
-1.4%
HT1
-2.5%
AU Media
-0.7%
AU Market
1 Year Return
51.1%
HT1
86.1%
AU Media
35.4%
AU Market
Return vs Industry: HT1 underperformed the Australian Media industry which returned 86.1% over the past year.
Return vs Market: HT1 exceeded the Australian Market which returned 35.4% over the past year.
Shareholder returns
| HT1 | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.4% | -2.5% | -0.7% |
| 30 Day | -4.0% | -1.0% | 0.8% |
| 90 Day | -10.5% | 2.6% | 2.5% |
| 1 Year | 51.1%51.1% | 92.3%86.1% | 39.6%35.4% |
| 3 Year | 2.9%-28.9% | -19.5%-37.9% | 30.2%14.8% |
| 5 Year | -45.0%-65.3% | 2.1%-31.6% | 61.7%31.7% |
Long-Term Price Volatility Vs. Market
How volatile is HT&E's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Shareholders Will Probably Not Have Any Issues With HT&E Limited's (ASX:HT1) CEO Compensation4 weeks ago | Simply Wall St
How Many HT&E Limited (ASX:HT1) Shares Do Institutions Own?1 month ago | Simply Wall St
A Look At HT&E's(ASX:HT1) Total Shareholder ReturnsValuation
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$1.7) is trading below our estimate of fair value (A$5.2)
Significantly Below Fair Value: HT1 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HT1 is unprofitable, so we can't compare its PE Ratio to the Australian Media industry average.
PE vs Market: HT1 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 HT1's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: HT1 is good value based on its PB Ratio (1x) compared to the AU Media industry average (1.8x).
Future Growth
How is HT&E forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
62.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HT1 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).
Earnings vs Market: HT1 is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: HT1's is expected to become profitable in the next 3 years.
Revenue vs Market: HT1's revenue (5.9% per year) is forecast to grow faster than the Australian market (4.9% per year).
High Growth Revenue: HT1's revenue (5.9% 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 (6.1%).
Past Performance
How has HT&E performed over the past 5 years?
-48.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HT1 is currently unprofitable.
Growing Profit Margin: HT1 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: HT1 is unprofitable, and losses have increased over the past 5 years at a rate of 48.5% per year.
Accelerating Growth: Unable to compare HT1's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: HT1 is unprofitable, making it difficult to compare its past year earnings growth to the Media industry (1.2%).
Return on Equity
High ROE: HT1 has a negative Return on Equity (-7.94%), as it is currently unprofitable.
Financial Health
How is HT&E's financial position?
Financial Position Analysis
Short Term Liabilities: HT1's short term assets (A$164.0M) exceed its short term liabilities (A$45.2M).
Long Term Liabilities: HT1's short term assets (A$164.0M) exceed its long term liabilities (A$156.9M).
Debt to Equity History and Analysis
Debt Level: HT1's debt to equity ratio (0.6%) is considered satisfactory.
Reducing Debt: HT1's debt to equity ratio has reduced from 95% to 0.6% over the past 5 years.
Debt Coverage: HT1's debt is well covered by operating cash flow (1730.6%).
Interest Coverage: HT1 is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Dividend
What is HT&E current dividend yield, its reliability and sustainability?
4.41%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate HT1's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate HT1'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 HT1's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if HT1's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: HT1 is not paying a notable dividend for the Australian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of HT1'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
Ciaran Davis
5.75yrs
Tenure
AU$1,197,108
Compensation
Mr. Ciaran Davis has been the Chief Executive Officer HT&E Limited (formerly known as APN News & Media Limited) since August 20, 2015. Mr. Davis has been Managing Director and Executive Director of HT&E Li...
CEO Compensation Analysis
Compensation vs Market: Ciaran's total compensation ($USD926.63K) is about average for companies of similar size in the Australian market ($USD713.55K).
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 not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
Experienced Board: HT1's board of directors are not considered experienced ( 2.6 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: 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 company bio, employee growth, exchange listings and data sources
Key Information
- Name: HT&E Limited
- Ticker: HT1
- Exchange: ASX
- Founded: 1988
- Industry: Broadcasting
- Sector: Media
- Market Cap: AU$472.210m
- Shares outstanding: 276.96m
- Website: https://www.htande.com.au
Location
- HT&E Limited
- 3 Byfield Street
- Macquarie Park
- Sydney
- New South Wales
- 2113
- Australia
Listings
Biography
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, an...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/05/13 08:13 |
| End of Day Share Price | 2021/05/13 00:00 |
| Earnings | 2020/12/31 |
| 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.