DB:HMO

Stock Analysis Report

Executive Summary

Hino Motors, Ltd. manufactures and sells large commercial vehicles under the Hino brand worldwide.

Snowflake

Fundamentals

Excellent balance sheet and fair value.


Similar Companies

Share Price & News

How has Hino Motors's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

3.6%

DB:HMO

-4.2%

DE Machinery

-1.8%

DE Market


1 Year Return

-18.5%

DB:HMO

-28.7%

DE Machinery

-6.7%

DE Market

HMO outperformed the Machinery industry which returned -28.7% over the past year.

HMO underperformed the Market in Germany which returned -6.7% over the past year.


Share holder returns

HMOIndustryMarket
7 Day3.6%-4.2%-1.8%
30 Day1.9%-7.8%1.6%
90 Day-6.3%-14.2%-1.6%
1 Year-16.2%-18.5%-26.3%-28.7%-3.7%-6.7%
3 Year-14.3%-20.0%-14.7%-20.9%20.6%10.1%
5 Year-18.4%-28.0%7.4%1.9%28.8%11.0%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

7%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Hino Motors's share price is below the future cash flow value, but not at a moderate discount (< 20%).

Hino Motors's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Hino Motors is good value based on earnings compared to the DE Machinery industry average.

Hino Motors is good value based on earnings compared to the Germany market.


Price Based on Expected Growth

Hino Motors is poor value based on expected growth next year.


Price Based on Value of Assets

Hino Motors is good value based on assets compared to the DE Machinery industry average.


Next Steps

Future Growth

How is Hino Motors expected to perform in the next 1 to 3 years based on estimates from 13 analysts?

7.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Hino Motors's revenue is expected to grow by 1.7% yearly, however this is not considered high growth (20% yearly).

Hino Motors's earnings are expected to grow by 7.3% yearly, however this is not considered high growth (20% yearly).

Hino Motors's revenue growth is positive but not above the Germany market average.

Hino Motors's earnings growth is positive but not above the Germany market average.

Hino Motors's earnings growth is expected to exceed the low risk savings rate of 0.2%.


Earnings per Share Growth Estimates


Future Return on Equity

Hino Motors is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Hino Motors performed over the past 5 years?

-12.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Hino Motors's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.

Hino Motors's 1-year earnings growth exceeds its 5-year average (6.9% vs -12.9%)

Hino Motors's earnings growth has exceeded the DE Machinery industry average in the past year (6.9% vs -1.3%).


Return on Equity

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


Return on Assets

Hino Motors used its assets less efficiently than the DE Machinery industry average last year based on Return on Assets.


Return on Capital Employed

Hino Motors's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Hino Motors's financial position?


Financial Position Analysis

Hino Motors is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Hino Motors's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Hino Motors's level of debt (40.7%) 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 (42.3% vs 40.7% today).

Debt is well covered by operating cash flow (20%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 40.2x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 3x debt.


Next Steps

Dividend

What is Hino Motors's current dividend yield, its reliability and sustainability?

3.83%

Expected Dividend Yield


Upcoming Dividend Payment

Purchase Hino Motors before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield and Payments Analysis

Hino Motors's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.48%).

Hino Motors's dividend is below the markets top 25% of dividend payers in Germany (3.85%).

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

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (3.3x 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.


Next Steps

Management

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

2.1yrs

Average management tenure


CEO

Yoshio Shimo (60yo)

2.1yrs

Tenure

Mr. Yoshio Shimo has been President and Chief Executive Officer of Hino Motors, Ltd. since June 27, 2017. Mr. Shimo has been Chief Officer of Strategic Top Executive Meeting Office, Chief Officer of Fronti ...


Management Age and Tenure

2.1yrs

Average Tenure

The tenure for the Hino Motors management team is about average.


Board Age and Tenure

3.1yrs

Average Tenure

64yo

Average Age

The tenure for the Hino Motors board of directors is about average.


Insider Trading

No 3 month individual insider trading information.


Ownership Breakdown


Management Team

  • Yoshio Shimo (60yo)

    President

    • Tenure: 2.1yrs
  • Ryoichi Shimizu

    Senior Executive Officer

  • Noboru Kaikawa

    Senior Executive Officer

  • Toshiya Suzuki (62yo)

    Senior Managing Director

    • Tenure: 6.1yrs
  • Takehiko Nakano

    Senior Executive Officer

  • Tadashi Yoda

    Executive Officer

  • Yoshinori Noguchi

    Executive Vice President

    • Tenure: 1.3yrs
  • Kazuhiko Watanabe

    Executive Officer

  • Kazuharu Tanaka

    Executive Officer

  • Makoto Shimonari

    Executive Officer


Board Members

  • Yoshio Shimo (60yo)

    President

    • Tenure: 2.1yrs
  • Yasuhiko Ichihashi (67yo)

    Chairman of the Board

    • Tenure: 2.1yrs
    • Compensation: ¥106.00m
  • Shin Endo (65yo)

    Director

    • Tenure: 4.1yrs
  • Shigeki Terashi (64yo)

    Director

    • Tenure: 3.1yrs
  • Shinichi Sato

    Director

    • Tenure: 1.1yrs
  • Satoru Mori (63yo)

    Director

    • Tenure: 3.1yrs
  • Hirofumi Muta (63yo)

    Director

    • Tenure: 2.1yrs
  • Taketo Nakane (61yo)

    Director

    • Tenure: 3.1yrs
  • Motokazu Yoshida (71yo)

    External Director

    • Tenure: 4.1yrs
  • Toshitaka Hagiwara (79yo)

    External Director

    • Tenure: 4.1yrs

Company Information

Hino Motors, Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Hino Motors, Ltd.
  • Ticker: HMO
  • Exchange: DB
  • Founded: 1910
  • Industry: construction machinery and heavy trucks
  • Sector: capital goods
  • Market Cap: JP¥495.344b
  • Listing Market Cap: JP¥4.077b
  • Shares outstanding: 573.98m
  • Website: Click here

Number of Employees


Location

  • Hino Motors, Ltd.
  • 3-1-1 Hinodai
  • Hino
  • Tokyo
  • 191-8660
  • Japan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HINO.FOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJan 1992
HMODB (Deutsche Boerse AG)YesCommon StockDEEURJan 1992
7205TSE (The Tokyo Stock Exchange)YesCommon StockJPJPYJan 1992
HINO.YOTCPK (Pink Sheets LLC)ADRUSUSDNov 1992

Biography

Hino Motors, Ltd. manufactures and sells large commercial vehicles under the Hino brand worldwide. It offers trucks and buses; and light commercial vehicles and passenger cars, as well as various types of  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/07/15 20:42
End of Day Share Price2019/07/15 00:00
Earnings2019/03/31
Annual Earnings2019/03/31


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.