H&T Group plc, together with its subsidiaries, primarily provides pawn broking services in the United Kingdom and internationally. More Details
Very undervalued with flawless balance sheet and pays a dividend.
Share Price & News
How has H&T Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HAT is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: HAT's weekly volatility (4%) has been stable over the past year.
7 Day Return
GB Consumer Finance
1 Year Return
GB Consumer Finance
Return vs Industry: HAT underperformed the UK Consumer Finance industry which returned 48.5% over the past year.
Return vs Market: HAT underperformed the UK Market which returned 17.8% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is H&T Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StHow Much Of H&T Group plc (LON:HAT) Do Institutions Own?
1 month ago | Simply Wall StH&T Group (LON:HAT) Could Be A Buy For Its Upcoming Dividend
2 months ago | Simply Wall StInvestors Who Bought H&T Group (LON:HAT) Shares Five Years Ago Are Now Up 29%
Is H&T Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: HAT (£2.7) is trading below our estimate of fair value (£4.46)
Significantly Below Fair Value: HAT is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HAT is good value based on its PE Ratio (8.4x) compared to the UK Consumer Finance industry average (19.5x).
PE vs Market: HAT is good value based on its PE Ratio (8.4x) compared to the UK market (25.2x).
Price to Earnings Growth Ratio
PEG Ratio: HAT is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: HAT is good value based on its PB Ratio (0.8x) compared to the GB Consumer Finance industry average (1x).
How is H&T Group forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HAT's forecast earnings growth (15.3% per year) is above the savings rate (0.9%).
Earnings vs Market: HAT's earnings (15.3% per year) are forecast to grow slower than the UK market (17.3% per year).
High Growth Earnings: HAT's earnings are forecast to grow, but not significantly.
Revenue vs Market: HAT's revenue (7.9% per year) is forecast to grow faster than the UK market (5.3% per year).
High Growth Revenue: HAT's revenue (7.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HAT's Return on Equity is forecast to be low in 3 years time (9.6%).
How has H&T Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HAT has high quality earnings.
Growing Profit Margin: HAT's current net profit margins (9.7%) are lower than last year (10.4%).
Past Earnings Growth Analysis
Earnings Trend: HAT's earnings have grown by 18.8% per year over the past 5 years.
Accelerating Growth: HAT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: HAT had negative earnings growth (-24.7%) over the past year, making it difficult to compare to the Consumer Finance industry average (-38.4%).
Return on Equity
High ROE: HAT's Return on Equity (9.3%) is considered low.
How is H&T Group's financial position?
Financial Position Analysis
Short Term Liabilities: HAT's short term assets (£117.8M) exceed its short term liabilities (£16.3M).
Long Term Liabilities: HAT's short term assets (£117.8M) exceed its long term liabilities (£18.7M).
Debt to Equity History and Analysis
Debt Level: HAT is debt free.
Reducing Debt: HAT has no debt compared to 5 years ago when its debt to equity ratio was 13.9%.
Debt Coverage: HAT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: HAT has no debt, therefore coverage of interest payments is not a concern.
What is H&T Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HAT's dividend (4.44%) is higher than the bottom 25% of dividend payers in the UK market (1.27%).
High Dividend: HAT's dividend (4.44%) is in the top 25% of dividend payers in the UK market (4.04%)
Stability and Growth of Payments
Stable Dividend: HAT's dividend payments have been volatile in the past 10 years.
Growing Dividend: HAT's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (26.5%), HAT's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: HAT's dividends in 3 years are forecast to be well covered by earnings (38.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Chris Gillespie (56 yo)
Mr. Christopher Gillespie, also known as Chris, has been Chief Executive Officer and Director of H&T Group plc since January 1, 2021. Mr. Gillespie had been Managing Director of Consumer Credit Division & ...
Experienced Management: HAT's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.
Experienced Board: HAT's board of directors are considered experienced (3.1 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.
H&T Group plc's company bio, employee growth, exchange listings and data sources
- Name: H&T Group plc
- Ticker: HAT
- Exchange: AIM
- Founded: 1897
- Industry: Consumer Finance
- Sector: Diversified Financials
- Market Cap: UK£107.633m
- Shares outstanding: 39.86m
- Website: https://www.handt.co.uk
Number of Employees
- H&T Group plc
- Times House
- Throwley Way
- Greater London
- SM1 4AF
- United Kingdom
H&T Group plc, together with its subsidiaries, primarily provides pawn broking services in the United Kingdom and internationally. The company operates through six segments: Pawnbroking, Gold Purchasing, R...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/22 21:31|
|End of Day Share Price||2021/06/22 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.