LSE:0R65

Stock Analysis Report

Executive Summary

Hoist Finance AB (publ) provides solutions for the acquisition and management of non-performing loans (NPLs) in Europe.


Snowflake Analysis

Very undervalued with proven track record.


Similar Companies

Share Price & News

How has Hoist Finance's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 0R65 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-16.6%

0R65

-8.7%

GB Consumer Finance

-8.6%

GB Market


1 Year Return

10.3%

0R65

-42.3%

GB Consumer Finance

-1.3%

GB Market

Return vs Industry: 0R65 exceeded the UK Consumer Finance industry which returned -42.3% over the past year.

Return vs Market: 0R65 exceeded the UK Market which returned -1.3% over the past year.


Shareholder returns

0R65IndustryMarket
7 Day-16.6%-8.7%-8.6%
30 Day-4.2%-6.0%-8.4%
90 Day1.1%-1.8%-5.3%
1 Year10.3%10.3%-39.5%-42.3%4.0%-1.3%
3 Year-40.3%-42.7%-58.0%-69.9%7.6%-6.1%
5 Yearn/a-58.5%-72.1%23.4%-4.8%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Hoist Finance undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 0R65 (SEK48.08) is trading below our estimate of fair value (SEK119.44)

Significantly Below Fair Value: 0R65 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 0R65 is good value based on its PE Ratio (7.9x) compared to the Consumer Finance industry average (11x).

PE vs Market: 0R65 is good value based on its PE Ratio (7.9x) compared to the UK market (16.8x).


Price to Earnings Growth Ratio

PEG Ratio: 0R65 is good value based on its PEG Ratio (0.9x)


Price to Book Ratio

PB vs Industry: 0R65 is good value based on its PB Ratio (0.9x) compared to the GB Consumer Finance industry average (1.4x).


Next Steps

Future Growth

How is Hoist Finance forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

9.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 0R65's forecast earnings growth (9.2% per year) is above the savings rate (0.5%).

Earnings vs Market: 0R65's earnings (9.2% per year) are forecast to grow slower than the UK market (13.2% per year).

High Growth Earnings: 0R65's earnings are forecast to grow, but not significantly.

Revenue vs Market: 0R65's revenue (5.3% per year) is forecast to grow faster than the UK market (3.8% per year).

High Growth Revenue: 0R65's revenue (5.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 0R65's Return on Equity is forecast to be low in 3 years time (13.9%).


Next Steps

Past Performance

How has Hoist Finance performed over the past 5 years?

25.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 0R65 has high quality earnings.

Growing Profit Margin: 0R65's current net profit margins (20.9%) are higher than last year (19%).


Past Earnings Growth Analysis

Earnings Trend: 0R65's earnings have grown significantly by 25.2% per year over the past 5 years.

Accelerating Growth: 0R65's earnings growth over the past year (12.9%) is below its 5-year average (25.2% per year).

Earnings vs Industry: 0R65 earnings growth over the past year (12.9%) exceeded the Consumer Finance industry 7.8%.


Return on Equity

High ROE: 0R65's Return on Equity (12.4%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Hoist Finance's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: 0R65 has a low level of unsold assets or inventory.

Debt Coverage by Assets: 0R65's debt is covered by short term assets (assets are 4.1x debt).


Financial Institutions Analysis

Asset Level: 0R65's level of assets compared to its equity is low.

Allowance for Bad Loans: Insufficient data to determine if 0R65 has a sufficient allowance for bad loans.

Low Risk Liabilities: 0R65 reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if 0R65 has an acceptable proportion of non-loan assets held.

Low Risk Deposits: 0R65 has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if 0R65 has an appropriate level of bad loans.


Next Steps

Dividend

What is Hoist Finance's current dividend yield, its reliability and sustainability?

3.77%

Forecast Dividend Yield


Dividend Yield vs Market

company0%marketbottom25%1.9%markettop25%5.4%industryaverage5.7%forecastin3Years3.8%

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 0R65's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 0R65's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 0R65's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 0R65's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 0R65 is not paying a notable dividend for the UK market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 0R65'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?

2.0yrs

Average management tenure


CEO

Klaus-Anders Nysteen (53yo)

1.9yrs

Tenure

kr10,503,241

Compensation

Mr. Klaus-Anders Nysteen serves as Chief Executive Officer of Hoist Finance AB (publ) since March 15, 2018. He serves as the Chief Executive Officer and Executive Director at Lock AS. Mr. Nysteen has been  ...


CEO Compensation Analysis

Compensation vs Market: Klaus-Anders's total compensation ($USD1.09M) is about average for companies of similar size in the UK market ($USD842.81K).

Compensation vs Earnings: Insufficient data to compare Klaus-Anders's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Klaus-Anders Nysteen
MD & CEO1.9yrskr10.50m0.088% SEK3.8m
Christer Johansson
Chief Financial Officer1.8yrsno data0.0036% SEK153.5k
Emanuele Reale
Chief Operating Officer0yrsno datano data
Stephan Ohlmeyer
Chief Investment Officer2.1yrsno data0.011% SEK480.1k
Anders Wallin
Chief Information Officer8.1yrsno datano data
Andreas Lindblom
Head of Investor Relations0yrsno datano data
Anders Carlsson
Chief General Counsel2.1yrsno data0.092% SEK3.9m
Julia Agha
Communication Manager0yrsno datano data
Ulf Eggefors
Chief People Officer2yrsno data0.011% SEK480.1k
Tomasz Lebek
Head of Hoist Finance Poland0yrsno datano data

2.0yrs

Average Tenure

53yo

Average Age

Experienced Management: 0R65's management team is considered experienced (2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Liselotte Hjorth
Independent Director5.1yrsno data0.0053% SEK225.5k
Christoffer Saidac
Alternate Director20.1yrsno datano data
Jim Clemence
Director of Hoist Kreditverwaltung AG18.1yrsno datano data
Cecilia Wennborg
Independent Director2.8yrsno data0.0039% SEK168.0k
Marcial Portela Álvarez
Independent Director1.8yrsno datano data
Lars Wollung
Director0.8yrsno datano data
Joakim Rubin
Independent Director2.8yrsno datano data
Malin Eriksson
Independent Director2.8yrsno data0.035% SEK1.5m
Ingrid Bonde
Chair of the Board5.3yrsno data0.025% SEK1.1m
Robert Kraal
Director0.8yrsno datano data

2.8yrs

Average Tenure

58.5yo

Average Age

Experienced Board: 0R65's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


Ownership

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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 16.9%.


Top Shareholders

Company Information

Hoist Finance AB (publ)'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Hoist Finance AB (publ)
  • Ticker: 0R65
  • Exchange: LSE
  • Founded: 1994
  • Industry: Consumer Finance
  • Sector: Diversified Financials
  • Market Cap: kr4.287b
  • Shares outstanding: 89.30m
  • Website: https://www.hoistfinance.com

Number of Employees


Location

  • Hoist Finance AB (publ)
  • Bryggargatan 4
  • Stockholm
  • Stockholm County
  • 111 21
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HOFIOM (OMX Nordic Exchange Stockholm)YesCommon SharesSESEKMar 2015
0R65LSE (London Stock Exchange)YesCommon SharesGBSEKMar 2015
4HFDB (Deutsche Boerse AG)YesCommon SharesDEEURMar 2015
HOFISBATS-CHIXE (BATS 'Chi-X Europe')YesCommon SharesGBSEKMar 2015

Biography

Hoist Finance AB (publ) provides solutions for the acquisition and management of non-performing loans (NPLs) in Europe. It purchases NPLs originated by international banks and other financial institutions. The company also provides current account and fixed-term deposits. It operates as a debt restructuring partner to international banks and financial institutions. The company was formerly known as Hoist International AB (publ) and changed its name to Hoist Finance AB (publ) in January 2015. Hoist Finance AB (publ) was founded in 1994 and is headquartered in Stockholm, Sweden. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/28 23:38
End of Day Share Price2020/02/28 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.