ENXTBR:HAMO

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Hamon & Cie (International)

Executive Summary

Hamon & Cie (International) SA operates as an engineering, construction, and project management company worldwide.


Snowflake Analysis

Excellent balance sheet and fair value.


Similar Companies

Share Price & News

How has Hamon & Cie (International)'s share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: HAMO's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

3.4%

HAMO

3.1%

BE Building

3.8%

BE Market


1 Year Return

-38.1%

HAMO

8.1%

BE Building

-16.7%

BE Market

Return vs Industry: HAMO underperformed the Belgian Building industry which returned 7.2% over the past year.

Return vs Market: HAMO underperformed the Belgian Market which returned -17.5% over the past year.


Shareholder returns

HAMOIndustryMarket
7 Day3.4%3.1%3.8%
30 Day1.7%16.2%9.6%
90 Day64.5%1.6%-5.0%
1 Year-38.1%-38.1%10.4%8.1%-15.6%-16.7%
3 Year-84.5%-94.9%5.8%-1.6%-26.4%-30.6%
5 Year-94.7%-98.3%42.7%27.9%-22.0%-30.2%

Price Volatility Vs. Market

How volatile is Hamon & Cie (International)'s share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Hamon & Cie (International) 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: HAMO (€1.84) is trading below our estimate of fair value (€32.66)

Significantly Below Fair Value: HAMO is trading below fair value by more than 20%.


Price To Earnings Ratio

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

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


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: HAMO is good value based on its PB Ratio (0.7x) compared to the XE Building industry average (1.4x).


Next Steps

Future Growth

How is Hamon & Cie (International) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

8.3%

Forecasted Capital Goods 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 Hamon & Cie (International) 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.


Next Steps

Past Performance

How has Hamon & Cie (International) performed over the past 5 years?

5.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HAMO is currently unprofitable.

Growing Profit Margin: HAMO is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: HAMO is unprofitable, but has reduced losses over the past 5 years at a rate of 5.6% per year.

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

Earnings vs Industry: HAMO is unprofitable, making it difficult to compare its past year earnings growth to the Building industry (11.6%).


Return on Equity

High ROE: HAMO has a negative Return on Equity (0.83%), as it is currently unprofitable.


Next Steps

Financial Health

How is Hamon & Cie (International)'s financial position?


Financial Position Analysis

Short Term Liabilities: HAMO's short term assets (€233.4M) exceed its short term liabilities (€222.9M).

Long Term Liabilities: HAMO's short term assets (€233.4M) exceed its long term liabilities (€74.9M).


Debt to Equity History and Analysis

Debt Level: HAMO's debt to equity ratio (341.1%) is considered high.

Reducing Debt: HAMO's debt to equity ratio has reduced from 408.8% to 341.1% 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: Whilst unprofitable HAMO has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: HAMO is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 1.7% per year.


Next Steps

Dividend

What is Hamon & Cie (International)'s current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: HAMO is not paying a notable dividend for the Belgian market.


Future Payout to Shareholders

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


Next Steps

Management

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

1.0yrs

Average management tenure


CEO

Fabrice Orban (45yo)

0.25

Tenure

Mr. Fabrice Victor Orban serve as Chief Executive Officer at Hamon & Cie (International) SA since March 1, 2020. He is General Manager of Hamon & Cie (International) SA since 2020. Mr. Orban served as Non- ...


Leadership Team

NamePositionTenureCompensationOwnership
Fabrice Orban
CEO & GM0.25yrno datano data
Quentin Biart
Group Financial Director0.50yrno datano data
Alexandre Catalão
Chief Operations Officer3yrsno datano data
Michèle Vrebos
Group Legal Director & Secretary Generalno datano datano data
Eric Binard
Chief Sales Officer1.42yrsno datano data
Gerda Clocheret
Group Human Resources Directorno datano datano data
Cédric Juliard
Chairman of the Process Heat Exchangers Business Unitno datano datano data
Rodica Exner
Vice President & Chief Executive Officer of the Cooling Systems Business Unitno datano datano data

1.0yrs

Average Tenure

Experienced Management: HAMO's management team is not considered experienced ( 1 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Bernard Louis Marcel Lambilliotte
Non Executive Director16.08yrs€23.50kno data
Jacques Lambilliotte
Honorary Chairman3.42yrs€10.00kno data
Valérie Potier
Non Executive Director5.17yrs€26.50kno data
Aline Lambilliotte
Director1.17yrs€16.50kno data
Alexandre Grosjean
Independent Director4.67yrs€23.50kno data
Renaud Witmeur
Vice-Chairmanno data€40.00kno data
Laurent Levaux
Independent Director3.42yrs€20.50kno data

4.0yrs

Average Tenure

Experienced Board: HAMO's board of directors are considered experienced (4 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.


Ownership Breakdown

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


Top Shareholders

Company Information

Hamon & Cie (International) SA's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Hamon & Cie (International) SA
  • Ticker: HAMO
  • Exchange: ENXTBR
  • Founded: 1904
  • Industry: Building Products
  • Sector: Capital Goods
  • Market Cap: €19.291m
  • Shares outstanding: 10.66m
  • Website: https://www.hamon.com

Number of Employees


Location

  • Hamon & Cie (International) SA
  • Axisparc
  • Rue Emile Francqui 2
  • Mont-Saint-Guibert
  • Walloon Brabant
  • 1435
  • Belgium

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HAMOENXTBR (Euronext Brussels)YesOrdinary SharesBEEURJun 1997
0NBALSE (London Stock Exchange)YesOrdinary SharesGBEURJun 1997

Biography

Hamon & Cie (International) SA operates as an engineering, construction, and project management company worldwide. The company offers wet cooling systems, such as natural draft, induced draft, fan assisted natural draft, plume abated fan assisted natural draft, plume abated induced draft, and forced draft cooling tower; and dry cooling towers, including air cooled condensers and indirect cry cooling systems. It also provides dust removal products consist of fabric filters, electrostatic and wet precipitators, and hybrid collectors, as well as plug and play fabric filters. In addition, the company offers acid gas removal, such as semi-dry flue gas desulfurization, wet gas scrubbers exxon process, wet flue gas desulfurization with lime/limestone slurry, and wet flue gas desulfurization with seawater; and Nox removals, including Denox, U2A, and Denox SCR. Further, it provides multi-pollutants removal, such as react and urea scrubbers; chimneys, including industrial, steel stacks, and storage silos; and heat recovery systems for power generation and chips, and waste heat boilers. Additionally, the company offers aftermarket services, including maintenance and repair, refurbishment and upgrade, spare parts, and maintenance agreement. It primarily serves power, oil and gas, fertilizers, mining and metals, cement, glass, and waste to energy sectors. The company was founded in 1904 and is headquartered in Mont-Saint-Guibert, Belgium. Hamon & Cie (International) SA is a subsidiary of Société Wallonne de Gestion et de Participations S.A. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/04 20:54
End of Day Share Price2020/06/04 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.