TSX:HLC

Stock Analysis Report

Executive Summary

Holloway Lodging Corporation is a real estate corporation focused on acquiring, adding value to and operating select service hotels and managing hotels for third parties.

Snowflake

Risks

  • Holloway Lodging is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.

Share Price & News

How has Holloway Lodging's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-0.6%

TSX:HLC

0.4%

CA Hospitality

1.3%

CA Market


1 Year Return

33.3%

TSX:HLC

-18.0%

CA Hospitality

-0.3%

CA Market

HLC outperformed the Hospitality industry which returned -18.6% over the past year.

HLC outperformed the Market in Canada which returned -0.1% over the past year.


Share holder returns

HLCIndustryMarket
7 Day-0.6%0.4%1.3%
30 Day-0.7%7.1%3.4%
90 Day11.7%-3.3%1.1%
1 Year35.4%33.3%-17.4%-18.0%3.2%-0.3%
3 Year71.7%60.8%23.1%19.8%19.1%8.4%
5 Year56.5%39.0%-0.6%-3.5%19.5%2.3%

Price Volatility Vs. Market

How volatile is Holloway Lodging's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Holloway Lodging undervalued based on future cash flows and its price relative to the stock market?

6.26x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Holloway Lodging's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Holloway Lodging's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Holloway Lodging is good value based on earnings compared to the CA Hospitality industry average.

Holloway Lodging is good value based on earnings compared to the Canada market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Holloway Lodging, we can't assess if its growth is good value.


Price Based on Value of Assets

Holloway Lodging is good value based on assets compared to the CA Hospitality industry average.

Future Growth

How is Holloway Lodging expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

76.6%

Forecasted Consumer Services 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 Holloway Lodging 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 Holloway Lodging performed over the past 5 years?

-8.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Holloway Lodging's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.

Holloway Lodging's 1-year earnings growth exceeds its 5-year average (613.3% vs -8.6%)

Holloway Lodging's earnings growth has exceeded the CA Hospitality industry average in the past year (613.3% vs -12.2%).


Return on Equity

Holloway Lodging has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Holloway Lodging used its assets more efficiently than the CA Hospitality industry average last year based on Return on Assets.


Return on Capital Employed

Holloway Lodging has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).

Financial Health

How is Holloway Lodging's financial position?


Financial Position Analysis

Holloway Lodging's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Holloway Lodging's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Holloway Lodging's level of debt (98.7%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (149.2% vs 98.7% today).

Debt is not well covered by operating cash flow (12.7%, less than 20% of total debt).

Interest payments on debt are not well covered by earnings (EBIT is 1.2x annual interest expense, ideally 3x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0.1x debt.

Dividend

What is Holloway Lodging's current dividend yield, its reliability and sustainability?

1.71%

Current Dividend Yield


Dividend Yield and Payments Analysis

Holloway Lodging's pays a lower dividend yield than the bottom 25% of dividend payers in Canada (1.99%).

Holloway Lodging's dividend is below the markets top 25% of dividend payers in Canada (5.85%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have fallen over the past 10 years.


Current Payout to Shareholders

Dividends paid are thoroughly covered by earnings (9.4x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.

Management

What is the CEO of Holloway Lodging's salary, the management and board of directors tenure and is there insider trading?

4.7yrs

Average management tenure


CEO

Felix Seiler 0

4.7yrs

Tenure

CA$270,000

Compensation

Mr. Felix Seiler has been the Chief Operating Officer of Holloway Lodging Corporation since February 27, 2012 and has been its Acting CEO since 2015. Mr. Seiler served as a General Manager of Holiday Inn H ...


CEO Compensation Analysis

Felix's remuneration is higher than average for companies of similar size in Canada.

Felix's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

4.7yrs

Average Tenure

The tenure for the Holloway Lodging management team is about average.


Board Age and Tenure

8.3yrs

Average Tenure

The tenure for the Holloway Lodging board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

BuyCA$701,35014 Aug 19
Clarke Inc.
EntityCompany
Shares84,500
Max PriceCA$8.30
BuyCA$16,17031 May 19
Royop Properties Corporation
EntityCompany
Shares2,200
Max PriceCA$7.35
BuyCA$21,19927 May 19
Royop Properties Corporation
EntityCompany
Shares2,900
Max PriceCA$7.31
BuyCA$7,31022 May 19
Royop Properties Corporation
EntityCompany
Shares1,000
Max PriceCA$7.31
BuyCA$7,27017 May 19
Royop Properties Corporation
EntityCompany
Shares1,000
Max PriceCA$7.27
BuyCA$2,84815 May 19
Royop Properties Corporation
EntityCompany
Shares400
Max PriceCA$7.12
SellCA$49,74328 Mar 19
Marc Staniloff
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares7,105
Max PriceCA$7.04

Ownership Breakdown


Management Team

  • Scott Messervey

    Director of Risk Management

    • Tenure: 0yrs
  • Felix Seiler

    COO & Acting CEO

    • Tenure: 4.7yrs
    • Compensation: CA$270.00k
  • Jane Rafuse

    Chief Financial Officer

    • Tenure: 7.6yrs
    • Compensation: CA$225.50k
  • Paola Calce

    Corporate Secretary & General Counsel

    • Tenure: 1yrs

Board Members

  • George Armoyan (59yo)

    Director

    • Tenure: 0.3yrs
    • Compensation: CA$35.20k
  • Marc Staniloff (62yo)

    Independent Director

    • Tenure: 12.3yrs
    • Compensation: CA$41.50k
  • David Wood

    Independent Director

    • Tenure: 8.3yrs
    • Compensation: CA$46.50k
  • Michael Rapps

    Chairman of the Board

    • Tenure: 8.3yrs
    • Compensation: CA$206.50k
  • Dustin Haw

    Independent Director

    • Tenure: 6.3yrs
    • Compensation: CA$41.50k

Company Information

Holloway Lodging Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Holloway Lodging Corporation
  • Ticker: HLC
  • Exchange: TSX
  • Founded:
  • Industry: Hotels, Resorts and Cruise Lines
  • Sector: Consumer Services
  • Market Cap: CA$126.699m
  • Shares outstanding: 15.45m
  • Website: https://www.hlcorp.ca

Number of Employees


Location

  • Holloway Lodging Corporation
  • 145 Hobsons Lake Drive
  • Suite 106
  • Halifax
  • Nova Scotia
  • B3S 0H9
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HLCTSX (The Toronto Stock Exchange)YesCommon SharesCACADFeb 2006
HLLO.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDFeb 2006

Biography

Holloway Lodging Corporation is a real estate corporation focused on acquiring, adding value to and operating select service hotels and managing hotels for third parties. Holloway owns 27 hotels with 3,055 ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/16 00:17
End of Day Share Price2019/09/13 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.