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HSS

HSS Hire GroupAIM:HSS Stock Report

Last Price

UK£0.17

Market Cap

UK£114.9m

7D

-4.6%

1Y

39.2%

Updated

23 Jan, 2022

Data

Company Financials +
HSS fundamental analysis
Snowflake Score
Valuation1/6
Future Growth3/6
Past Performance2/6
Financial Health2/6
Dividends0/6

HSS Stock Overview

HSS Hire Group plc offers tool and equipment hire, and related services in the United Kingdom and the Republic of Ireland.

HSS Hire Group Competitors

Ashtead Group

LSE:AHT

UK£22.8b

United Rentals

NYSE:URI

US$21.5b

Price History & Performance

Summary of all time highs, changes and price drops for HSS Hire Group
Historical stock prices
Current Share PriceUK£0.17
52 Week HighUK£0.25
52 Week LowUK£0.11
Beta0.17
1 Month Change17.86%
3 Month Change-6.25%
1 Year Change39.24%
3 Year Change-53.72%
5 Year Change-76.51%
Change since IPO-92.14%

Recent News & Updates

Oct 02
An Intrinsic Calculation For HSS Hire Group plc (LON:HSS) Suggests It's 41% Undervalued

An Intrinsic Calculation For HSS Hire Group plc (LON:HSS) Suggests It's 41% Undervalued

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of HSS Hire Group plc...

Jun 11
HSS Hire Group (LON:HSS) Use Of Debt Could Be Considered Risky

HSS Hire Group (LON:HSS) Use Of Debt Could Be Considered Risky

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...

Shareholder Returns

HSSGB Trade DistributorsGB Market
7D-4.6%-5.1%-1.3%
1Y39.2%24.4%7.8%

Return vs Industry: HSS exceeded the UK Trade Distributors industry which returned 24.4% over the past year.

Return vs Market: HSS exceeded the UK Market which returned 7.8% over the past year.

Price Volatility

Is HSS's price volatile compared to industry and market?
HSS volatility
HSS Average Weekly Movement5.9%
Trade Distributors Industry Average Movement4.1%
Market Average Movement5.0%
10% most volatile stocks in GB Market10.7%
10% least volatile stocks in GB Market2.5%

Stable Share Price: HSS is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: HSS's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19572,000Steve Ashmorehttps://www.hsshiregroup.com

HSS Hire Group plc offers tool and equipment hire, and related services in the United Kingdom and the Republic of Ireland. It operates through Rental and related revenue; and Services segments. The company provides tools and equipment, including small tools, powered access, and power generation, as well as hire-related services to construction firms, maintenance contractors, FM providers, engineers, tradesmen, retailers, factories, DIYers, and others; supplies, fits, manages, and services diesel generators for power generation needs; and offers heavy plant equipment, including excavators, diggers, and dumpers.

HSS Hire Group Fundamentals Summary

How do HSS Hire Group's earnings and revenue compare to its market cap?
HSS fundamental statistics
Market CapUK£114.92m
Earnings (TTM)UK£462.00k
Revenue (TTM)UK£299.73m

250.0x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
HSS income statement (TTM)
RevenueUK£299.73m
Cost of RevenueUK£138.40m
Gross ProfitUK£161.33m
ExpensesUK£160.87m
EarningsUK£462.00k

Last Reported Earnings

Jul 03, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.00066
Gross Margin53.83%
Net Profit Margin0.15%
Debt/Equity Ratio129.3%

How did HSS perform over the long term?

See historical performance and comparison

Valuation

Is HSS Hire Group undervalued compared to its fair value and its price relative to the market?

250x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: HSS (£0.17) is trading above our estimate of fair value (£0.1)

Significantly Below Fair Value: HSS is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: HSS is poor value based on its PE Ratio (250x) compared to the UK Trade Distributors industry average (20.6x).

PE vs Market: HSS is poor value based on its PE Ratio (250x) compared to the UK market (18.9x).


Price to Earnings Growth Ratio

PEG Ratio: HSS is poor value based on its PEG Ratio (4.4x)


Price to Book Ratio

PB vs Industry: HSS is good value based on its PB Ratio (0.9x) compared to the GB Trade Distributors industry average (1.8x).


Future Growth

How is HSS Hire Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

57.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HSS's forecast earnings growth (57.1% per year) is above the savings rate (0.9%).

Earnings vs Market: HSS's earnings (57.1% per year) are forecast to grow faster than the UK market (12.1% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: HSS's revenue (2.5% per year) is forecast to grow slower than the UK market (4.8% per year).

High Growth Revenue: HSS's revenue (2.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if HSS's Return on Equity is forecast to be high in 3 years time


Past Performance

How has HSS Hire Group performed over the past 5 years?

25.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HSS has a large one-off loss of £7.0M impacting its July 3 2021 financial results.

Growing Profit Margin: HSS became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: HSS has become profitable over the past 5 years, growing earnings by 25.9% per year.

Accelerating Growth: HSS has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: HSS has become profitable in the last year, making it difficult to compare its past year earnings growth to the Trade Distributors industry (44.2%).


Return on Equity

High ROE: HSS's Return on Equity (0.4%) is considered low.


Financial Health

How is HSS Hire Group's financial position?


Financial Position Analysis

Short Term Liabilities: HSS's short term assets (£153.4M) exceed its short term liabilities (£94.8M).

Long Term Liabilities: HSS's short term assets (£153.4M) do not cover its long term liabilities (£233.7M).


Debt to Equity History and Analysis

Debt Level: HSS's net debt to equity ratio (62.3%) is considered high.

Reducing Debt: HSS's debt to equity ratio has reduced from 135.1% to 129.3% over the past 5 years.

Debt Coverage: HSS's debt is not well covered by operating cash flow (15.8%).

Interest Coverage: HSS's interest payments on its debt are not well covered by EBIT (1.3x coverage).


Balance Sheet


Dividend

What is HSS Hire Group current dividend yield, its reliability and sustainability?

1.58%

Forecast Dividend Yield


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: HSS is not paying a notable dividend for the UK market.


Future Payout to Shareholders

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


Next Steps

Management

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

7.0yrs

Average board tenure


CEO

Steve Ashmore (56 yo)

4.58yrs

Tenure

UK£328,000

Compensation

Mr. Steve Ashmore has been Chief Executive Officer at HSS Hire Service Group Limited since June 2017 and also serves as its Director. He serves as Chief Executive Officer and Executive Director at HSS Hire...


CEO Compensation Analysis

Compensation vs Market: Steve's total compensation ($USD444.74K) is about average for companies of similar size in the UK market ($USD577.52K).

Compensation vs Earnings: Steve's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: HSS's board of directors are considered experienced (7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: HSS insiders have sold more shares than they have bought 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

HSS Hire Group plc's employee growth, exchange listings and data sources


Key Information

  • Name: HSS Hire Group plc
  • Ticker: HSS
  • Exchange: AIM
  • Founded: 1957
  • Industry: Trading Companies and Distributors
  • Sector: Capital Goods
  • Implied Market Cap: UK£114.919m
  • Shares outstanding: 696.48m
  • Website: https://www.hsshiregroup.com

Number of Employees


Location

  • HSS Hire Group plc
  • Oakland House
  • 76 Talbot Road
  • Manchester
  • Greater Manchester
  • M16 0PQ
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/23 18:53
End of Day Share Price2022/01/21 00:00
Earnings2021/07/03
Annual Earnings2020/12/26


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.