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Hunting

LSE:HTG
Snowflake Description

Flawless balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
HTG
LSE
£1B
Market Cap
  1. Home
  2. GB
  3. Energy
Company description

Hunting PLC, together with its subsidiaries, manufactures and distributes tools and equipment for the upstream energy industry worldwide. The last earnings update was 55 days ago. More info.


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HTG Share Price and Events
7 Day Returns
1.6%
LSE:HTG
0.1%
GB Energy Services
1.5%
GB Market
1 Year Returns
-16.7%
LSE:HTG
-15.2%
GB Energy Services
2.1%
GB Market
HTG Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Hunting (HTG) 1.6% 14.3% 23.6% -16.7% 79% -23%
GB Energy Services 0.1% 2.1% 3.5% -15.2% -16.3% -52.6%
GB Market 1.5% 5.2% 9.7% 2.1% 17.8% 6.8%
1 Year Return vs Industry and Market
  • HTG underperformed the Energy Services industry which returned -15.2% over the past year.
  • HTG underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned 2.1% over the past year.
Price Volatility
HTG
Industry
5yr Volatility vs Market

Value

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

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Hunting to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Hunting.

LSE:HTG Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 14 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.3%
Perpetual Growth Rate 10-Year GB Government Bond Rate 1.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for LSE:HTG
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 1.2%
Equity Risk Premium S&P Global 6.7%
Energy Services Unlevered Beta Simply Wall St/ S&P Global 1.08
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.083 (1 + (1- 19%) (0.48%))
1.059
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.06
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.23% + (1.059 * 6.65%)
8.27%

Discounted Cash Flow Calculation for LSE:HTG using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Hunting is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

LSE:HTG DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 8.27%)
2019 89.50 Analyst x3 82.67
2020 97.84 Analyst x3 83.47
2021 119.06 Analyst x3 93.82
2022 123.99 Analyst x2 90.24
2023 147.00 Analyst x1 98.82
2024 160.41 Est @ 9.12% 99.60
2025 171.24 Est @ 6.75% 98.20
2026 179.96 Est @ 5.09% 95.33
2027 187.04 Est @ 3.93% 91.51
2028 192.88 Est @ 3.12% 87.16
Present value of next 10 years cash flows $920.80
LSE:HTG DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $192.88 × (1 + 1.23%) ÷ (8.27% – 1.23%)
$2,773.35
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $2,773.35 ÷ (1 + 8.27%)10
$1,253.24
LSE:HTG Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $920.80 + $1,253.24
$2,174.04
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $2,174.04 / 163.87
$13.27
LSE:HTG Discount to Share Price
Calculation Result
Exchange Rate USD/GBP
(Reporting currency to currency of LSE:HTG)
0.772
Value per Share
(GBP)
= Value per Share in USD x Exchange Rate (USD/GBP)
= $13.27 x 0.772
£10.25
Value per share (GBP) From above. £10.25
Current discount Discount to share price of £6.52
= -1 x (£6.52 - £10.25) / £10.25
36.4%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Hunting is available for.
Intrinsic value
36%
Share price is £6.52 vs Future cash flow value of £10.25
Current Discount Checks
For Hunting to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Hunting's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Hunting's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Hunting's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Hunting's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
LSE:HTG PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $0.54
LSE:HTG Share Price ** LSE (2019-04-24) in GBP £6.52
LSE:HTG Share Price converted to USD reporting currency Exchange rate (GBP/ USD) 1.295 $8.44
United Kingdom of Great Britain and Northern Ireland Energy Services Industry PE Ratio Median Figure of 5 Publicly-Listed Energy Services Companies 15.61x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 797 Publicly-Listed Companies 16.16x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Hunting.

LSE:HTG PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= LSE:HTG Share Price ÷ EPS (both in USD)

= 8.44 ÷ 0.54

15.5x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Hunting is good value based on earnings compared to the GB Energy Services industry average.
  • Hunting is good value based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Hunting's expected growth come at a high price?
Raw Data
LSE:HTG PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 15.5x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 14 Analysts
8.4%per year
Europe Energy Services Industry PEG Ratio Median Figure of 20 Publicly-Listed Energy Services Companies 1.26x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 564 Publicly-Listed Companies 1.49x

*Line of best fit is calculated by linear regression .

LSE:HTG PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 15.5x ÷ 8.4%

1.85x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Hunting is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Hunting's assets?
Raw Data
LSE:HTG PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $7.19
LSE:HTG Share Price * LSE (2019-04-24) in GBP £6.52
LSE:HTG Share Price converted to USD reporting currency Exchange rate (GBP/ USD) 1.295 $8.44
United Kingdom of Great Britain and Northern Ireland Energy Services Industry PB Ratio Median Figure of 16 Publicly-Listed Energy Services Companies 1.13x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,367 Publicly-Listed Companies 1.52x
LSE:HTG PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= LSE:HTG Share Price ÷ Book Value per Share (both in USD)

= 8.44 ÷ 7.19

1.17x

* Primary Listing of Hunting.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Hunting is overvalued based on assets compared to the GB Energy Services industry average.
X
Value checks
We assess Hunting's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Energy Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Energy Services industry average (and greater than 0)? (1 check)
  5. Hunting has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Hunting expected to perform in the next 1 to 3 years based on estimates from 14 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
8.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Hunting expected to grow at an attractive rate?
  • Hunting's earnings growth is expected to exceed the low risk savings rate of 1.2%.
Growth vs Market Checks
  • Hunting's earnings growth is positive but not above the United Kingdom of Great Britain and Northern Ireland market average.
  • Hunting's revenue growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
LSE:HTG Future Growth Rates Data Sources
Data Point Source Value (per year)
LSE:HTG Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 14 Analysts 8.4%
LSE:HTG Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 14 Analysts 6.4%
United Kingdom of Great Britain and Northern Ireland Energy Services Industry Earnings Growth Rate Market Cap Weighted Average 30.2%
United Kingdom of Great Britain and Northern Ireland Energy Services Industry Revenue Growth Rate Market Cap Weighted Average 5%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 10.9%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
LSE:HTG Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 14 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
LSE:HTG Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 1,258 1
2022-12-31 1,249 188 134 2
2021-12-31 1,091 157 110 9
2020-12-31 1,033 136 87 14
2019-12-31 953 132 70 14
LSE:HTG Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 911 53 89
2018-09-30 881 50 61
2018-06-30 848 47 32
2018-03-31 785 46 2
2017-12-31 725 46 -26
2017-09-30 634 31 -54
2017-06-30 546 15 -82
2017-03-31 501 30 -99
2016-12-31 456 45 -116
2016-09-30 516 84 -177
2016-06-30 575 122 -238
2016-03-31 693 132 -234

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Hunting's earnings are expected to grow by 8.4% yearly, however this is not considered high growth (20% yearly).
  • Hunting's revenue is expected to grow by 6.4% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
LSE:HTG Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 14 Analyst Estimates (S&P Global) See Below

All data from Hunting Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

LSE:HTG Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31 0.82 0.82 0.82 1.00
2022-12-31 0.80 0.80 0.80 1.00
2021-12-31 0.64 0.82 0.47 7.00
2020-12-31 0.51 0.66 0.35 9.00
2019-12-31 0.41 0.56 0.28 9.00
LSE:HTG Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 0.54
2018-09-30 0.37
2018-06-30 0.19
2018-03-31 0.01
2017-12-31 -0.16
2017-09-30 -0.34
2017-06-30 -0.52
2017-03-31 -0.64
2016-12-31 -0.77
2016-09-30 -1.18
2016-06-30 -1.61
2016-03-31 -1.58

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Hunting is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Hunting's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Hunting has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Hunting performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Hunting's growth in the last year to its industry (Energy Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Hunting's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • Hunting has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Hunting has become profitable in the last year making it difficult to compare the Europe Energy Services industry average.
Earnings and Revenue History
Hunting's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Hunting Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

LSE:HTG Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 911.40 89.30 175.80
2018-09-30 880.50 60.75 173.55
2018-06-30 847.60 31.60 171.30
2018-03-31 785.25 2.45 168.50
2017-12-31 724.90 -26.10 165.70
2017-09-30 633.80 -54.35 159.85
2017-06-30 545.50 -81.80 154.00
2017-03-31 500.65 -98.75 151.20
2016-12-31 455.80 -115.70 148.40
2016-09-30 515.55 -176.85 152.45
2016-06-30 575.30 -238.00 156.50
2016-03-31 692.90 -234.40 167.45
2015-12-31 810.50 -230.80 178.40
2015-06-30 1,186.00 -36.90 208.30
2015-03-31 1,286.25 15.45 216.10
2014-12-31 1,386.50 67.80 223.90
2014-06-30 1,302.00 113.40 194.40
2014-03-31 1,297.80 108.65 196.45
2013-12-31 1,293.60 103.90 198.50
2013-09-30 1,305.63 96.69 209.58
2013-06-30 1,346.26 95.46 211.93
2013-03-31 1,327.91 94.90 218.62
2012-12-31 1,309.00 94.30 225.20
2012-06-30 1,198.96 65.41 223.04

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Hunting has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Hunting used its assets more efficiently than the GB Energy Services industry average last year based on Return on Assets.
  • Hunting has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess Hunting's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Energy Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Hunting has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Hunting's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Hunting's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Hunting is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Hunting's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Hunting's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 98.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Hunting Company Filings, last reported 3 months ago.

LSE:HTG Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 1,191.10 6.60 67.90
2018-09-30 1,191.10 6.60 67.90
2018-06-30 1,146.50 6.30 45.30
2018-03-31 1,146.50 6.30 45.30
2017-12-31 1,112.10 6.00 46.80
2017-09-30 1,110.50 6.00 46.80
2017-06-30 1,105.10 26.40 20.70
2017-03-31 1,105.10 26.40 20.70
2016-12-31 1,117.40 66.20 64.30
2016-09-30 1,117.40 66.20 64.30
2016-06-30 1,100.80 153.00 65.50
2016-03-31 1,100.80 153.00 65.50
2015-12-31 1,168.10 169.50 59.00
2015-06-30 1,357.40 242.20 75.50
2015-03-31 1,357.40 242.20 75.50
2014-12-31 1,438.30 223.30 92.30
2014-06-30 1,447.60 324.50 95.50
2014-03-31 1,447.60 324.50 95.50
2013-12-31 1,414.80 375.20 169.40
2013-09-30 1,414.80 375.20 169.40
2013-06-30 1,339.77 391.67 150.32
2013-03-31 1,338.55 391.31 150.18
2012-12-31 1,332.70 436.80 170.40
2012-06-30 1,164.77 440.28 140.07
  • Hunting's level of debt (0.6%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (26.5% vs 0.6% today).
  • Debt is well covered by operating cash flow (798.5%, greater than 20% of total debt).
  • Hunting earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess Hunting's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Hunting has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.19%
Current annual income from Hunting dividends. Estimated to be 1.68% next year.
If you bought £2,000 of Hunting shares you are expected to receive £24 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Hunting's pays a lower dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (2.01%).
  • Hunting's dividend is below the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (5.14%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
LSE:HTG Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 14 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Energy Services Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 4.5%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 705 Stocks 4.1%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 5.1%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

LSE:HTG Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31 0.30 1.00
2022-12-31 0.23 2.00
2021-12-31 0.17 9.00
2020-12-31 0.13 14.00
2019-12-31 0.11 12.00
LSE:HTG Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-02-28 0.100 1.289
2018-10-10 0.080 1.088
2017-08-24 0.000 0.000
2017-07-17 0.000 0.000
2017-03-13 0.000 0.000
2017-03-02 0.000 0.000
2016-09-05 0.000 0.000
2016-03-09 0.080 1.521
2016-03-03 0.080 1.389
2015-03-05 0.310 5.037
2014-05-12 0.295 2.755
2013-03-07 0.274 2.233
2012-03-08 0.225 1.841
2011-03-04 0.183 1.659
2011-02-24 0.193 1.519
2010-03-01 0.151 1.753
2010-02-25 0.157 1.780
2009-08-27 0.160 1.950

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have fallen over the past 10 years.
Current Payout to shareholders
What portion of Hunting's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (6x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (4.3x coverage).
X
Income/ dividend checks
We assess Hunting's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Hunting afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Hunting has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Jim Johnson
COMPENSATION $3,715,000
TENURE AS CEO 1.6 years
CEO Bio

Mr. Arthur James Johnson, also known as Jim, has been Chief Executive Officer and Director of Hunting plc since September 1, 2017. Mr. Johnson was the Group Chief Operating Officer of Hunting plc since 2011. Mr. Johnson was responsible for all day-to-day operational activities of Hunting plc. As part of his responsibilities, he has managed the day-to-day running of Hunting's global operations, with regional managers in Africa, Asia Pacific, Europe, Middle East and North America reporting directly to him on all matters. He joined Hunting plc in 1992. He has held a number of senior positions within Hunting and from 2000 to 2011 he held the position of Managing Director of US operations. During this time, he was instrumental in the development of Hunting's product offering and service capabilities. He has 26 years experience.

CEO Compensation
  • Jim's compensation has increased in line with Hunting recently becoming profitable.
  • Jim's remuneration is higher than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

Average tenure of the Hunting management team in years:

6.1
Average Tenure
  • The average tenure for the Hunting management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Jim Johnson

TITLE
CEO & Director
COMPENSATION
$4M
TENURE
1.6 yrs

Peter Rose

TITLE
Finance Director & Director
COMPENSATION
$2M
AGE
60
TENURE
11 yrs

Rick Bradley

TITLE
Chief Operating Officer
TENURE
2.3 yrs

Sean O’Shea

TITLE
Managing Director of Middle East & Africa Operations
TENURE
6.3 yrs

Randy Walliser

TITLE
Managing Director of Canada Operations
TENURE
0.2 yrs

Jason Mai

TITLE
Managing Director of Hunting Titan
TENURE
2.3 yrs

Daniel Tan

TITLE
Managing Director of Asia Pacific Operations
TENURE
8.3 yrs

Scott George

TITLE
Managing Director of US Operations
TENURE
8.3 yrs

Bruce Ferguson

TITLE
Managing Director of Europe Operations
TENURE
6.3 yrs

Ben Willey

TITLE
Company Secretary
TENURE
6 yrs
Board of Directors Tenure

Average tenure and age of the Hunting board of directors in years:

1.6
Average Tenure
61
Average Age
  • The average tenure for the Hunting board of directors is less than 3 years, this suggests a new board.
Board of Directors

Jay Glick

TITLE
Non-Executive Chairman
COMPENSATION
$233K
AGE
65
TENURE
1.6 yrs

Jim Johnson

TITLE
CEO & Director
COMPENSATION
$4M
TENURE
1.6 yrs

Peter Rose

TITLE
Finance Director & Director
COMPENSATION
$2M
AGE
60
TENURE
11 yrs

Annell Bay

TITLE
Independent Non-Executive Director
COMPENSATION
$84K
AGE
62
TENURE
4.2 yrs

Carol Chesney

TITLE
Independent Non-Executive Director
COMPENSATION
$64K
AGE
55
TENURE
1 yrs

Keith Lough

TITLE
Senior Independent Non-executive Director
COMPENSATION
$60K
AGE
59
TENURE
0.7 yrs

Richard Hunting

TITLE
Non-Independent & Non-Executive Director
COMPENSATION
$80K
AGE
70
TENURE
30.3 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Hunting insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (£) Value (£)
05. Mar 19 Buy Arthur Johnson Individual 01. Mar 19 01. Mar 19 29,232 £5.48 £160,045
05. Mar 19 Buy Peter Rose Individual 01. Mar 19 01. Mar 19 11,817 £5.48 £64,698
17. Sep 18 Sell J Trafford Individual 14. Sep 18 14. Sep 18 -70,000 £7.88 £-551,474
25. Jun 18 Buy John Glick Individual 22. Jun 18 22. Jun 18 9,500 £7.90 £75,002
12. Jun 18 Buy Carol Chesney Individual 12. Jun 18 12. Jun 18 2,000 £8.23 £16,460
X
Management checks
We assess Hunting's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Hunting has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Is Hunting PLC's (LON:HTG) 1.2% Dividend Worth Your Time?

Dividend paying stocks like Hunting PLC (LON:HTG) tend to be popular with investors, and for good reason - some research shows that a significant amount of all stock market returns come from reinvested dividends. … When buying stocks for their dividends, you should always run through the checks below, to see if the dividend looks sustainable. … LSE:HTG Historical Dividend Yield, April 15th 2019

Simply Wall St -

What Should We Expect From Hunting PLC's (LON:HTG) Earnings In The Next Couple Of Years?

The most recent earnings release Hunting PLC's (LON:HTG) announced in December 2018 … negative earnings

Simply Wall St -

If You Had Bought Hunting (LON:HTG) Shares Three Years Ago You'd Have Made 39%

Just take a look at Hunting PLC (LON:HTG), which is up 39%, over three years, soundly beating the market return of 15% (not including dividends). … One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement. … During three years of share price growth, Hunting moved from a loss to profitability.

Simply Wall St -

Why Hunting plc (LON:HTG) Could Have A Place In Your Portfolio

Help shape the future of investing tools and receive a $20 prize! … Building up an investment case requires looking at a stock holistically. … Today I've chosen to put the spotlight on Hunting plc (LON:HTG) due to its excellent fundamentals in more than one area.

Simply Wall St -

Shareholders Should Look Hard At Hunting plc’s (LON:HTG) 3.7% Return On Capital

Specifically, we'll consider its Return On Capital Employed (ROCE), since that will give us an insight into how efficiently the business can generate profits from the capital it requires. … Return On Capital Employed (ROCE): What is it? … ROCE measures the amount of pre-tax profits a company can generate from the capital employed in its business.

Simply Wall St -

Should You Be Worried About Insider Transactions At Hunting plc (LON:HTG)?

Unfortunately, there are also plenty of examples of share prices declining precipitously after insiders have sold shares. … In the last twelve months, the biggest single sale by an insider was when J Trafford sold UK£551k worth of shares at a price of UK£7.88 per share. … So it may not tell us anything about how insiders feel about the current share price.

Simply Wall St -

What Does Hunting plc's (LON:HTG) Ownership Structure Look Like?

Today, I will be analyzing Hunting plc’s (LSE:HTG) recent ownership structure, an important but not-so-popular subject among individual investors. … Private Company Ownership Another important group of owners for potential investors in HTG are private companies that hold a stake of 0.017% in HTG. … Thus, investors not need worry too much about the consequences of these holdings.Next Steps: The company's high institutional ownership makes margin of safety a very important consideration to existing investors since long bull and bear trends often emerge when these big-ticket investors see a change in long-term potential of the company.

Simply Wall St -

Hunting plc (LON:HTG): Risks You Need To Consider Before Buying

A widely-used metric to measure a stock's market risk is beta, and the broad market index represents a beta value of one. … HTG’s beta indicates it is a stock that investors may find valuable if they want to reduce the overall market risk exposure of their stock portfolio. … This outcome contradicts HTG’s current beta value which indicates a below-average volatility.

Simply Wall St -

Should You Buy Hunting plc (LON:HTG) Now?

According to my valuation model, Hunting seems to be fairly priced at around 17% above my intrinsic value, which means if you buy Hunting today, you’d be paying a relatively fair price for it. … Furthermore, it seems like Hunting’s share price is quite stable, which means there may be less chances to buy low in the future now that it’s fairly valued. … Although value investors would argue that it’s the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price.

Simply Wall St -

When Will Hunting plc (LON:HTG) Breakeven?

Many investors are wondering the rate at which HTG will turn a profit, with the big question being “when will the company breakeven?” I’ve put together a brief outline of industry analyst expectations for HTG, its year of breakeven and its implied growth rate. … It turns out an average annual growth rate of 60.44% is expected, which is extremely buoyant. … So, a high growth rate is not out of the ordinary, particularly when a company is in a period of investment.

Simply Wall St -

Company Info

Description

Hunting PLC, together with its subsidiaries, manufactures and distributes tools and equipment for the upstream energy industry worldwide. The company offers perforating guns and accessories; and connections, oil country tubular goods, drilling tools, subsea equipment, intervention tools, and electronics. It also provides deep hole drilling and precision machining services; and well intervention services. In addition, the company engages in the oil and gas exploration and production activities. Hunting PLC was founded in 1874 and is headquartered in London, the United Kingdom.

Details
Name: Hunting PLC
HTG
Exchange: LSE
Founded: 1874
£1,067,593,374
163,866,980
Website: http://www.huntingplc.com
Address: Hunting PLC
5 Hanover Square,
London,
Greater London, W1S 1HQ,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
LSE HTG Ordinary Shares London Stock Exchange GB GBP 02. Jan 1992
OTCPK HNTI.F Ordinary Shares Pink Sheets LLC US USD 02. Jan 1992
DB 0YT Ordinary Shares Deutsche Boerse AG DE EUR 02. Jan 1992
BATS-CHIXE HTGL Ordinary Shares BATS 'Chi-X Europe' GB GBP 02. Jan 1992
OTCPK HNTI.Y UNSPONSORED ADR Pink Sheets LLC US USD 24. Mar 2011
Number of employees
Current staff
Staff numbers
2,772
Hunting employees.
Industry
Oil and Gas Equipment and Services
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/24 20:39
End of day share price update: 2019/04/24 00:00
Last estimates confirmation: 2019/04/24
Last earnings filing: 2019/02/28
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.