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HTG

HuntingLSE:HTG Stock Report

Last Price

UK£2.21

Market Cap

UK£358.0m

7D

-0.2%

1Y

6.0%

Updated

21 Jan, 2022

Data

Company Financials +
HTG fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance0/6
Financial Health6/6
Dividends2/6

HTG Stock Overview

Hunting PLC, together with its subsidiaries, manufactures and distributes tools and components for the upstream oil and gas industry worldwide.

Hunting Competitors

General Electric

NYSE:GE

US$105.7b

ArcelorMittal

ENXTAM:MT

€26.3b

Voestalpine

WBAG:VOE

€5.7b

Vallourec

ENXTPA:VK

€1.8b

Price History & Performance

Summary of all time highs, changes and price drops for Hunting
Historical stock prices
Current Share PriceUK£2.21
52 Week HighUK£2.97
52 Week LowUK£1.43
Beta1.64
1 Month Change37.99%
3 Month Change14.61%
1 Year Change6.01%
3 Year Change-58.90%
5 Year Change-61.69%
Change since IPO29.71%

Recent News & Updates

Dec 22
Hunting PLC's (LON:HTG) Intrinsic Value Is Potentially 68% Above Its Share Price

Hunting PLC's (LON:HTG) Intrinsic Value Is Potentially 68% Above Its Share Price

How far off is Hunting PLC ( LON:HTG ) from its intrinsic value? Using the most recent financial data, we'll take a...

Oct 29
Is Hunting (LON:HTG) A Risky Investment?

Is Hunting (LON:HTG) A Risky Investment?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Shareholder Returns

HTGGB Energy ServicesGB Market
7D-0.2%-3.1%-1.3%
1Y6.0%-8.3%7.8%

Return vs Industry: HTG exceeded the UK Energy Services industry which returned -11.6% over the past year.

Return vs Market: HTG underperformed the UK Market which returned 8.7% over the past year.

Price Volatility

Is HTG's price volatile compared to industry and market?
HTG volatility
HTG Average Weekly Movement6.7%
Energy Services Industry Average Movement7.8%
Market Average Movement5.0%
10% most volatile stocks in GB Market10.8%
10% least volatile stocks in GB Market2.5%

Stable Share Price: HTG is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: HTG's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18741,923Jim Johnsonhttps://www.huntingplc.com

Hunting PLC, together with its subsidiaries, manufactures and distributes tools and components for the upstream oil and gas industry worldwide. The company offers perforating guns and hardware, energetics charges, and instrumentation products; and connections, oil country tubular goods, drilling tools, subsea equipment, intervention tools, and electronics. It also provides mud motors and drill pipe products; deep hole drilling and precision machining services; and well intervention services.

Hunting Fundamentals Summary

How do Hunting's earnings and revenue compare to its market cap?
HTG fundamental statistics
Market CapUS$485.48m
Earnings (TTM)-US$58.70m
Revenue (TTM)US$492.70m

1.0x

P/S Ratio

-8.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
HTG income statement (TTM)
RevenueUS$492.70m
Cost of RevenueUS$406.40m
Gross ProfitUS$86.30m
ExpensesUS$145.00m
Earnings-US$58.70m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Mar 03, 2022

Earnings per share (EPS)-0.36
Gross Margin17.52%
Net Profit Margin-11.91%
Debt/Equity Ratio0.5%

How did HTG perform over the long term?

See historical performance and comparison

Dividends

2.7%

Current Dividend Yield

-22%

Payout Ratio

Valuation

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

15.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: HTG (£2.21) is trading below our estimate of fair value (£2.6)

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 unprofitable, so we can't compare its PE Ratio to the European Energy Services industry average.

PE vs Market: HTG is unprofitable, so we can't compare its PE Ratio to the UK market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate HTG's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: HTG is good value based on its PB Ratio (0.5x) compared to the GB Energy Services industry average (1.1x).


Future Growth

How is Hunting forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

108.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HTG is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.9%).

Earnings vs Market: HTG is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: HTG's is expected to become profitable in the next 3 years.

Revenue vs Market: HTG's revenue (12.1% per year) is forecast to grow faster than the UK market (4.9% per year).

High Growth Revenue: HTG's revenue (12.1% 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 (2.5%).


Past Performance

How has Hunting performed over the past 5 years?

0.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HTG is currently unprofitable.

Growing Profit Margin: HTG is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: HTG is unprofitable, but has reduced losses over the past 5 years at a rate of 0.3% per year.

Accelerating Growth: Unable to compare HTG's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: HTG is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (18.2%).


Return on Equity

High ROE: HTG has a negative Return on Equity (-6.6%), as it is currently unprofitable.


Financial Health

How is Hunting's financial position?


Financial Position Analysis

Short Term Liabilities: HTG's short term assets ($510.4M) exceed its short term liabilities ($84.3M).

Long Term Liabilities: HTG's short term assets ($510.4M) exceed its long term liabilities ($46.1M).


Debt to Equity History and Analysis

Debt Level: HTG has more cash than its total debt.

Reducing Debt: HTG's debt to equity ratio has reduced from 13.8% to 0.5% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable HTG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: HTG is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 0.3% per year.


Dividend

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

2.68%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: HTG's dividend (2.68%) is higher than the bottom 25% of dividend payers in the UK market (1.37%).

High Dividend: HTG's dividend (2.68%) is low compared to the top 25% of dividend payers in the UK market (4.04%).


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: HTG is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: HTG's dividends in 3 years are forecast to be covered by earnings (56.4% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.0yrs

Average management tenure


CEO

Jim Johnson (60 yo)

4.33yrs

Tenure

US$1,117,000

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 ($USD1.12M) is above average for companies of similar size in the UK market ($USD811.52K).

Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: HTG's management team is seasoned and experienced (5 years average tenure).


Board Members

Experienced Board: HTG's board of directors are considered experienced (4.3 years average tenure).


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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Hunting PLC's 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
  • Implied Market Cap: UK£358.043m
  • Shares outstanding: 162.38m
  • Website: https://www.huntingplc.com

Number of Employees


Location

  • Hunting PLC
  • 5 Hanover Square
  • London
  • Greater London
  • W1S 1HQ
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/21 21:16
End of Day Share Price2022/01/21 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.