HES Stock Overview
Hydraulic Elements and Systems AD designs, manufactures, and sells hydraulic cylinders in Europe, North America, and Asia.
Hydraulic Elements and Systems AD Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||лв6.80|
|52 Week High||лв7.10|
|52 Week Low||лв5.80|
|1 Month Change||3.03%|
|3 Month Change||-3.55%|
|1 Year Change||15.25%|
|3 Year Change||41.67%|
|5 Year Change||23.52%|
|Change since IPO||104.00%|
Recent News & Updates
Hydraulic Elements and Systems AD's (BUL:HES) Shareholders Will Receive A Bigger Dividend Than Last Year
Hydraulic Elements and Systems AD ( BUL:HES ) will increase its dividend on the 7th of July to лв0.31. This will take...
|HES||BG Machinery||BG Market|
Return vs Industry: HES underperformed the BG Machinery industry which returned 19.7% over the past year.
Return vs Market: HES exceeded the BG Market which returned 9.5% over the past year.
|HES Average Weekly Movement||2.9%|
|Machinery Industry Average Movement||5.7%|
|Market Average Movement||5.2%|
|10% most volatile stocks in BG Market||8.8%|
|10% least volatile stocks in BG Market||2.5%|
Stable Share Price: HES is less volatile than 75% of BG stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: HES's weekly volatility (3%) has been stable over the past year.
About the Company
Hydraulic Elements and Systems AD designs, manufactures, and sells hydraulic cylinders in Europe, North America, and Asia. The company offers piston hydraulic cylinders for agriculture machines, presses, conveyers etc.; plunger hydraulic cylinders for presses, forklifts, lifting platforms, etc.; telescopic hydraulic cylinders for dumping trailers or dumper vehicles, forklifts, lifting platforms, garbage trucks and transfer trailers, and roll-on/roll-off trucks; and rack cylinders, as well as provides axial piston machines. Its products are also used in construction machinery; mining machinery and equipment; community waste collection and cleaning machines; ships and harbor works; and forestry machines.
Hydraulic Elements and Systems AD Fundamentals Summary
|HES fundamental statistics|
Is HES overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|HES income statement (TTM)|
|Cost of Revenue||лв47.69m|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||0.49|
|Net Profit Margin||10.42%|
How did HES perform over the long term?See historical performance and comparison
4.6%Current Dividend Yield
Is HES undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 1/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for HES?
Other financial metrics that can be useful for relative valuation.
|What is HES's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does HES's PE Ratio compare to its peers?
|HES PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
SPH Stara Planina Hold
MSH M+S Hydraulic AD
VPOM Vipom AD
IHB Industrial Holding Bulgaria AD
HES Hydraulic Elements and Systems AD
Price-To-Earnings vs Peers: HES is expensive based on its Price-To-Earnings Ratio (13.8x) compared to the peer average (13.2x).
Price to Earnings Ratio vs Industry
How does HES's PE Ratio compare vs other companies in the European Machinery Industry?
Price-To-Earnings vs Industry: HES is good value based on its Price-To-Earnings Ratio (13.8x) compared to the BG Machinery industry average (13.9x)
Price to Earnings Ratio vs Fair Ratio
What is HES's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||13.8x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate HES's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of HES when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: HES (BGN6.8) is trading above our estimate of fair value (BGN4.43)
Significantly Below Fair Value: HES is trading above our estimate of fair value.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is Hydraulic Elements and Systems AD forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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 Hydraulic Elements and Systems AD 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.
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- Examine Hydraulic Elements and Systems AD's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
How has Hydraulic Elements and Systems AD performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HES has high quality earnings.
Growing Profit Margin: HES's current net profit margins (10.4%) are lower than last year (15%).
Past Earnings Growth Analysis
Earnings Trend: HES's earnings have grown by 17.4% per year over the past 5 years.
Accelerating Growth: HES's earnings growth over the past year (4.6%) is below its 5-year average (17.4% per year).
Earnings vs Industry: HES earnings growth over the past year (4.6%) underperformed the Machinery industry 28.5%.
Return on Equity
High ROE: HES's Return on Equity (20%) is considered low.
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How is Hydraulic Elements and Systems AD's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: HES's short term assets (BGN37.0M) exceed its short term liabilities (BGN21.9M).
Long Term Liabilities: HES's short term assets (BGN37.0M) exceed its long term liabilities (BGN939.0K).
Debt to Equity History and Analysis
Debt Level: HES has more cash than its total debt.
Reducing Debt: HES's debt to equity ratio has increased from 0.1% to 6.7% over the past 5 years.
Debt Coverage: HES's debt is well covered by operating cash flow (202.1%).
Interest Coverage: HES's interest payments on its debt are well covered by EBIT (593.4x coverage).
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What is Hydraulic Elements and Systems AD current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HES's dividend (4.56%) is higher than the bottom 25% of dividend payers in the BG market (1.31%).
High Dividend: HES's dividend (4.56%) is low compared to the top 25% of dividend payers in the BG market (6.12%).
Stability and Growth of Payments
Stable Dividend: HES's dividend payments have been volatile in the past 10 years.
Growing Dividend: HES's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (62.9%), HES's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (256%), HES's dividend payments are not well covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Hydraulic Elements and Systems AD has no CEO, or we have no data on them.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Hydraulic Elements and Systems AD's employee growth, exchange listings and data sources
- Name: Hydraulic Elements and Systems AD
- Ticker: HES
- Exchange: BUL
- Founded: 1968
- Industry: Industrial Machinery
- Sector: Capital Goods
- Implied Market Cap: лв123.718m
- Shares outstanding: 18.19m
- Website: https://www.hes.bg
Number of Employees
- Hydraulic Elements and Systems AD
- 1 Pirin Street
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/14 00:00|
|End of Day Share Price||2022/08/12 00:00|
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.