Hunting
Market Cap
UK£528.3m
Last Updated
2020/01/27 20:45 UTC
Data Sources
Company Financials +
Executive Summary
Hunting PLC, together with its subsidiaries, manufactures and distributes tools and equipment for the upstream energy industry worldwide.
Rewards
Risk Analysis
Snowflake Analysis
Solid track record with excellent balance sheet.
Similar Companies
Share Price & News
How has Hunting's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HTG's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-10.7%
HTG
-7.1%
GB Energy Services
-3.0%
GB Market
1 Year Return
-40.7%
HTG
-26.1%
GB Energy Services
11.0%
GB Market
Return vs Industry: HTG underperformed the UK Energy Services industry which returned -25.8% over the past year.
Return vs Market: HTG underperformed the UK Market which returned 12.7% over the past year.
Shareholder returns
| HTG | Industry | Market | |
|---|---|---|---|
| 7 Day | -10.7% | -7.1% | -3.0% |
| 30 Day | -25.0% | -7.1% | -2.4% |
| 90 Day | -23.4% | -2.9% | 3.9% |
| 1 Year | -39.8%-40.7% | -22.6%-26.1% | 16.8%11.0% |
| 3 Year | -41.4%-42.5% | -51.3%-56.7% | 20.0%4.7% |
| 5 Year | -19.3%-23.9% | -29.6%-41.2% | 38.9%6.8% |
Price Volatility Vs. Market
How volatile is Hunting's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Why Hunting PLC’s (LON:HTG) Return On Capital Employed Looks Uninspiring3 weeks ago | Simply Wall St
Does Hunting PLC (LON:HTG) Have A Good P/E Ratio?1 month ago | Simply Wall St
Hunting (LON:HTG) Could Easily Take On More DebtValuation
Is Hunting undervalued compared to its fair value and its price relative to the market?
7.0%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: HTG (£3.81) is trading below our estimate of fair value (£4.67)
Significantly Below Fair Value: HTG is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: HTG is good value based on its PE Ratio (9.4x) compared to the Energy Services industry average (10.3x).
PE vs Market: HTG is good value based on its PE Ratio (9.4x) compared to the UK market (18.5x).
Price to Earnings Growth Ratio
PEG Ratio: HTG is poor value based on its PEG Ratio (4.2x)
Price to Book Ratio
PB vs Industry: HTG is good value based on its PB Ratio (0.7x) compared to the GB Energy Services industry average (0.9x).
Next Steps
Future Growth
How is Hunting forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
2.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HTG's forecast earnings growth (2% per year) is above the savings rate (0.5%).
Earnings vs Market: HTG's earnings (2% per year) are forecast to grow slower than the UK market (12% per year).
High Growth Earnings: HTG's earnings are forecast to grow, but not significantly.
Revenue vs Market: HTG's revenue (3.2% per year) is forecast to grow slower than the UK market (3.6% per year).
High Growth Revenue: HTG's revenue (3.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HTG's Return on Equity is forecast to be low in 3 years time (5.7%).
Next Steps
Past Performance
How has Hunting performed over the past 5 years?
23.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HTG has high quality earnings.
Growing Profit Margin: HTG's current net profit margins (8.8%) are higher than last year (3.8%).
Past Earnings Growth Analysis
Earnings Trend: HTG has become profitable over the past 5 years, growing earnings by 23.4% per year.
Accelerating Growth: HTG's earnings growth over the past year (168.6%) exceeds its 5-year average (23.4% per year).
Earnings vs Industry: HTG earnings growth over the past year (168.6%) exceeded the Energy Services industry 86.1%.
Return on Equity
High ROE: HTG's Return on Equity (7%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Hunting's financial position?
Financial Position Analysis
Short Term Liabilities: HTG's short term assets ($687.5M) exceed its short term liabilities ($166.9M).
Long Term Liabilities: HTG's short term assets ($687.5M) exceed its long term liabilities ($52.5M).
Debt to Equity History and Analysis
Debt Level: HTG's debt to equity ratio (0.6%) is considered satisfactory.
Reducing Debt: HTG's debt to equity ratio has reduced from 22.4% to 0.6% over the past 5 years.
Debt Coverage: HTG's debt is well covered by operating cash flow (1520.3%).
Interest Coverage: Insufficient data to determine if HTG's interest payments on its debt are well covered by EBIT.
Balance Sheet
Inventory Level: HTG has a high level of physical assets or inventory.
Debt Coverage by Assets: HTG's debt is covered by short term assets (assets are 99.6x debt).
Next Steps
Dividend
What is Hunting's current dividend yield, its reliability and sustainability?
2.40%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: HTG's dividend (2.02%) is higher than the bottom 25% of dividend payers in the UK market (1.83%).
High Dividend: HTG's dividend (2.02%) is low compared to the top 25% of dividend payers in the UK market (4.95%).
Stability and Growth of Payments
Stable Dividend: HTG's dividend payments have been volatile in the past 10 years.
Growing Dividend: HTG's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (19%), HTG's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: HTG's dividends in 3 years are forecast to be well covered by earnings (28.5% payout ratio).
Next Steps
Management
What is the CEO of Hunting's salary, the management and board of directors tenure and is there insider trading?
6.9yrs
Average management tenure
CEO
Jim Johnson 0
2.3yrs
Tenure
US$3,715,000
Compensation
Mr. Arthur James Johnson, also known as Jim, has been Chief Executive Officer and Director of Hunting plc since September 1, 2017. Mr. Johnson was the Group Chief Operating Officer of Hunting plc since 201 ...
CEO Compensation Analysis
Compensation vs Market: Jim's total compensation ($USD3.72M) is above average for companies of similar size in the UK market ($USD1.13M).
Compensation vs Earnings: Jim's compensation has increased by more than 20% in the past year.
Management Age and Tenure
6.9yrs
Average Tenure
Experienced Management: HTG's management team is seasoned and experienced (6.9 years average tenure).
Board Age and Tenure
2.3yrs
Average Tenure
62yo
Average Age
Experienced Board: HTG's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
Insider Trading
Insider Buying: HTG insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Chairman of the Board Non-Executive Chairman |
| Shares | 18,373 |
| Max Price | UK£3.84 |
| Entity | Individual |
| Role | Member of the Board of Directors Non-Independent & Non-Executive Director |
| Shares | 31,381 |
| Max Price | UK£4.02 |
| Entity | Individual |
| Role | Lead Director Senior Independent Non-executive Director |
| Shares | 4,000 |
| Max Price | UK£4.88 |
| Entity | Individual |
| Role | Lead Director Senior Independent Non-executive Director |
| Shares | 3,000 |
| Max Price | UK£5.24 |
| Entity | Individual |
| Role | Member of the Board of Directors Non-Independent & Non-Executive Director |
| Shares | 1,550 |
| Max Price | UK£5.20 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Non-Executive Director |
| Shares | 3,000 |
| Max Price | UK£5.26 |
| Entity | Individual |
| Role | Chief Executive Officer CEO & Director |
| Shares | 29,232 |
| Max Price | UK£5.48 |
| Entity | Individual |
| Role | Member of the Board of Directors Finance Director & Director |
| Shares | 11,817 |
| Max Price | UK£5.48 |
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Peter Rose (61yo)
Finance Director & Director
- Tenure: 11.8yrs
- Compensation: US$2.11m
Ben Willey
Company Secretary
- Tenure: 6.8yrs
Jim Johnson
CEO & Director
- Tenure: 2.3yrs
- Compensation: US$3.72m
Rick Bradley
Chief Operating Officer
- Tenure: 3yrs
Sean O’Shea
Managing Director of Middle East & Africa Operations
- Tenure: 7yrs
Randy Walliser
Managing Director of Canada Operations
- Tenure: 0.9yrs
Jason Mai
Managing Director of Hunting Titan
- Tenure: 3yrs
Daniel Tan
Managing Director of Asia Pacific Operations
- Tenure: 9yrs
Scott George
Managing Director of US Operations
- Tenure: 9yrs
Bruce Ferguson
Managing Director of Europe Operations
- Tenure: 7yrs
Board Members
Jay Glick (66yo)
Non-Executive Chairman
- Tenure: 2.3yrs
- Compensation: US$233.00k
Keith Lough (60yo)
Senior Independent Non-executive Director
- Tenure: 1.4yrs
- Compensation: US$60.00k
Richard Hunting (71yo)
Non-Independent & Non-Executive Director
- Tenure: 31yrs
- Compensation: US$80.00k
Carol Chesney (56yo)
Independent Non-Executive Director
- Tenure: 1.8yrs
- Compensation: US$64.00k
Annell Bay (63yo)
Independent Non-Executive Director
- Tenure: 4.9yrs
- Compensation: US$84.00k
Peter Rose (61yo)
Finance Director & Director
- Tenure: 11.8yrs
- Compensation: US$2.11m
Jim Johnson
CEO & Director
- Tenure: 2.3yrs
- Compensation: US$3.72m
Company Information
Hunting PLC's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Hunting PLC
- Ticker: HTG
- Exchange: LSE
- Founded: 1874
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Market Cap: UK£528.251m
- Shares outstanding: 165.80m
- Website: https://www.huntingplc.com
Number of Employees
Location
- Hunting PLC
- 5 Hanover Square
- London
- Greater London
- W1S 1HQ
- United Kingdom
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| HTG | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | GBP | Jan 1992 |
| HNTI.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jan 1992 |
| HTGL | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | GBP | Jan 1992 |
| 0YT | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jan 1992 |
| HNTI.Y | OTCPK (Pink Sheets LLC) | UNSPONSORED ADR | US | USD | Mar 2011 |
Biography
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.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/01/27 20:45 |
| End of Day Share Price | 2020/01/27 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.