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HYD

HydrixASX:HYD Stock Report

Last Price

AU$0.13

Market Cap

AU$21.4m

7D

-7.1%

1Y

-53.6%

Updated

26 Jan, 2022

Data

Company Financials
HYD fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

HYD Stock Overview

Hydrix Limited provides product design, engineering, and regulatory services in Australia and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for Hydrix
Historical stock prices
Current Share PriceAU$0.13
52 Week HighAU$0.29
52 Week LowAU$0.12
Beta3.12
1 Month Change4.00%
3 Month Change0%
1 Year Change-53.57%
3 Year Change-45.83%
5 Year Change-77.97%
Change since IPO-97.45%

Recent News & Updates

Oct 04
Health Check: How Prudently Does Hydrix (ASX:HYD) Use Debt?

Health Check: How Prudently Does Hydrix (ASX:HYD) Use Debt?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Jun 21
Health Check: How Prudently Does Hydrix (ASX:HYD) Use Debt?

Health Check: How Prudently Does Hydrix (ASX:HYD) Use Debt?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...

Mar 08
Hydrix (ASX:HYD) Has Debt But No Earnings; Should You Worry?

Hydrix (ASX:HYD) Has Debt But No Earnings; Should You Worry?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...

Shareholder Returns

HYDAU ElectronicAU Market
7D-7.1%-9.0%-5.4%
1Y-53.6%18.7%2.6%

Return vs Industry: HYD underperformed the Australian Electronic industry which returned 17.5% over the past year.

Return vs Market: HYD underperformed the Australian Market which returned 4.6% over the past year.

Price Volatility

Is HYD's price volatile compared to industry and market?
HYD volatility
HYD Average Weekly Movement6.5%
Electronic Industry Average Movement7.2%
Market Average Movement8.5%
10% most volatile stocks in AU Market15.4%
10% least volatile stocks in AU Market3.7%

Stable Share Price: HYD is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: HYD's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199370n/ahttps://www.hydrix.com

Hydrix Limited provides product design, engineering, and regulatory services in Australia and internationally. It offers a range of services, including software, electronics, and mechanical design; industrial design, user experience, and human factors engineering; and regulatory, clinical, and reimbursement consulting, as well as quality systems. The company also engages in the product distribution that focuses on the cardiovascular technologies with the potential to enhance the quality of patient life and mobility; and early stage venture investment.

Hydrix Fundamentals Summary

How do Hydrix's earnings and revenue compare to its market cap?
HYD fundamental statistics
Market CapAU$21.42m
Earnings (TTM)-AU$9.78m
Revenue (TTM)AU$9.30m

2.3x

P/S Ratio

-2.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
HYD income statement (TTM)
RevenueAU$9.30m
Cost of RevenueAU$1.80m
Gross ProfitAU$7.49m
ExpensesAU$17.27m
Earnings-AU$9.78m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.059
Gross Margin80.58%
Net Profit Margin-105.19%
Debt/Equity Ratio39.4%

How did HYD perform over the long term?

See historical performance and comparison

Valuation

Is Hydrix undervalued compared to its fair value and its price relative to the market?

3.75x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

PE vs Market: HYD 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 HYD's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: HYD is good value based on its PB Ratio (3.8x) compared to the AU Electronic industry average (4.1x).


Future Growth

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

44.3%

Forecasted Tech 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 Hydrix 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 Hydrix performed over the past 5 years?

-7.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HYD is currently unprofitable.

Growing Profit Margin: HYD is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: HYD is unprofitable, and losses have increased over the past 5 years at a rate of 7.7% per year.

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

Earnings vs Industry: HYD is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (178.2%).


Return on Equity

High ROE: HYD has a negative Return on Equity (-171.27%), as it is currently unprofitable.


Financial Health

How is Hydrix's financial position?


Financial Position Analysis

Short Term Liabilities: HYD's short term assets (A$8.5M) do not cover its short term liabilities (A$8.9M).

Long Term Liabilities: HYD's short term assets (A$8.5M) exceed its long term liabilities (A$4.7M).


Debt to Equity History and Analysis

Debt Level: HYD has more cash than its total debt.

Reducing Debt: Insufficient data to determine if HYD'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: HYD has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: HYD has sufficient cash runway for 1.4 years if free cash flow continues to grow at historical rates of 7.8% each year.


Dividend

What is Hydrix current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate HYD'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 HYD's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if HYD'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 HYD'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?

3.8yrs

Average management tenure


CEO

Hydrix has no CEO, or we have no data on them.


Leadership Team

Experienced Management: HYD's management team is considered experienced (3.8 years average tenure).


Board Members

Experienced Board: HYD's board of directors are considered experienced (4.8 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

Hydrix Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Hydrix Limited
  • Ticker: HYD
  • Exchange: ASX
  • Founded: 1993
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Implied Market Cap: AU$21.424m
  • Shares outstanding: 164.80m
  • Website: https://www.hydrix.com

Number of Employees


Location

  • Hydrix Limited
  • 30-32 Compark Circuit
  • Mulgrave
  • Victoria
  • 3170
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/26 07:02
End of Day Share Price2022/01/25 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.