Hornby PLC, through its subsidiaries, engages in the design, development, production, and distribution of hobby and interactive products.
Price History & Performance
|Historical stock prices|
|Current Share Price||UK£0.41|
|52 Week High||UK£0.32|
|52 Week Low||UK£0.73|
|1 Month Change||-3.53%|
|3 Month Change||-21.15%|
|1 Year Change||22.39%|
|3 Year Change||8.75%|
|5 Year Change||28.13%|
|Change since IPO||-1.44%|
Recent News & Updates
We Think Shareholders Will Probably Be Generous With Hornby PLC's (LON:HRN) CEO Compensation
It would be hard to discount the role that CEO Lyndon Davies has played in delivering the impressive results at Hornby...
Investors Shouldn't Be Too Comfortable With Hornby's (LON:HRN) Robust Earnings
Hornby PLC ( LON:HRN ) announced strong profits, but the stock was stagnant. Our analysis suggests that this might be...
We're Hopeful That Hornby (LON:HRN) Will Use Its Cash Wisely
There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...
|HRN||GB Leisure||GB Market|
Return vs Industry: HRN exceeded the UK Leisure industry which returned 20% over the past year.
Return vs Market: HRN exceeded the UK Market which returned 19.2% over the past year.
Stable Share Price: HRN is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: HRN's weekly volatility (5%) has been stable over the past year.
About the Company
Hornby PLC, through its subsidiaries, engages in the design, development, production, and distribution of hobby and interactive products. It offers products under various categories, including train sets, locomotives, train packs, wagons and wagon packs, coaches and coach packs, parts and spares, power and control products, building accessory packs, track pieces and extension packs, tradition analogue control, digital command control, software products, people and animals products, and paints and weathering powders. The company sells its products through a network of retailers, wholesalers, and distributors, as well as website under the Hornby, SkaleAutos, SkaleScenics, Skaledale, Arnold, Jouef, Lima, Rivarossi, Bassett-Lowke, Pocher, Corgi, Corgi Premiums, and Electrotren brands.
Hornby Fundamentals Summary
|HRN fundamental statistics|
Is HRN overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|HRN income statement (TTM)|
|Cost of Revenue||UK£26.80m|
Last Reported Earnings
Mar 31, 2021
Next Earnings Date
|Earnings per share (EPS)||0.0082|
|Net Profit Margin||2.81%|
How did HRN perform over the long term?See historical performance and comparison
Is Hornby undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: HRN (£0.41) is trading above our estimate of fair value (£0)
Significantly Below Fair Value: HRN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: HRN is poor value based on its PE Ratio (50.2x) compared to the UK Leisure industry average (16.8x).
PE vs Market: HRN is poor value based on its PE Ratio (50.2x) compared to the UK market (23.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate HRN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: HRN is good value based on its PB Ratio (1.8x) compared to the GB Leisure industry average (2.2x).
How is Hornby forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Consumer Durables 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 Hornby 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.
How has Hornby performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HRN has a large one-off loss of £211.0K impacting its March 31 2021 financial results.
Growing Profit Margin: HRN became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: HRN has become profitable over the past 5 years, growing earnings by 41.3% per year.
Accelerating Growth: HRN has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: HRN has become profitable in the last year, making it difficult to compare its past year earnings growth to the Leisure industry (71%).
Return on Equity
High ROE: HRN's Return on Equity (3.6%) is considered low.
How is Hornby's financial position?
Financial Position Analysis
Short Term Liabilities: HRN's short term assets (£27.1M) exceed its short term liabilities (£8.0M).
Long Term Liabilities: HRN's short term assets (£27.1M) exceed its long term liabilities (£2.6M).
Debt to Equity History and Analysis
Debt Level: HRN is debt free.
Reducing Debt: HRN has no debt compared to 5 years ago when its debt to equity ratio was 24.3%.
Debt Coverage: HRN has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: HRN has no debt, therefore coverage of interest payments is not a concern.
What is Hornby current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate HRN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate HRN'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 HRN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if HRN's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: HRN is not paying a notable dividend for the UK market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of HRN's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Lyndon Davies (60 yo)
Mr. Lyndon Charles Davies has been Chief Executive Officer and Executive Director of Hornby plc since October 5, 2017 and served as its Interim Chairman since 2018 until August 21, 2018. Mr. Davies is a hi...
CEO Compensation Analysis
Compensation vs Market: Lyndon's total compensation ($USD305.83K) is about average for companies of similar size in the UK market ($USD326.64K).
Compensation vs Earnings: Lyndon's compensation has been consistent with company performance over the past year.
Experienced Management: HRN's management team is considered experienced (3.9 years average tenure).
Experienced Board: HRN's board of directors are considered experienced (3.4 years average tenure).
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.
Hornby PLC's employee growth, exchange listings and data sources
- Name: Hornby PLC
- Ticker: HRN
- Exchange: AIM
- Founded: 1907
- Industry: Leisure Products
- Sector: Consumer Durables
- Market Cap: UK£68.440m
- Shares outstanding: 166.93m
- Website: https://www.hornby.com
Number of Employees
- Hornby PLC
- Westwood Industrial Estate
- Enterprise Road
- CT9 4JX
- United Kingdom
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/16 17:40|
|End of Day Share Price||2021/09/16 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.