Hunting
Hunting PLC manufactures, supplies, and distributes products that enable the extraction of oil and gas to upstream oil and gas companies. The last earnings update was 172 days ago. More info.
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HTG Share Price and Events
7 Day Returns
1 Year Returns
HTG Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Hunting (HTG) | 8.7% | 4.1% | 1% | -3.2% | 91.4% | -30.5% |
| GB Energy Services | 3.3% | -8.7% | -17% | -16.5% | -16.9% | -54% |
| GB Market | 1.5% | 3% | 2.7% | -3% | 20.8% | -3.8% |
1 Year Return vs Industry and Market
- HTG outperformed the Energy Services industry which returned -16.5% over the past year.
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.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Hunting.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 13 Analyst Estimates (S&P Global) | See below |
| Discount Rate (Cost of Equity) | See below | 8.2% |
| 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.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year GB Govt Bond Rate | 1.2% |
| Equity Risk Premium | S&P Global | 8.8% |
| Energy Services Unlevered Beta | Simply Wall St/ S&P Global | 0.41 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.41 (1 + (1- 19%) (0.51%)) |
0.412 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
0.8 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.23% + (0.8 * 8.77%) |
8.25% |
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 use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.
| 2019 | 2020 | 2021 | 2022 | 2023 | |
| Levered FCF (USD, Millions) | 103.94 | 132.06 | 143.24 | 154.00 | 200.45 |
| Source | Analyst x5 | Analyst x4 | Analyst x1 | Analyst x1 | Analyst x1 |
|
Present Value Discounted (@ 8.25%) |
96.02 | 112.71 | 112.94 | 112.17 | 134.89 |
| Present value of next 5 years cash flows | $568.72 |
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2023
× (1 + g) ÷ (Discount Rate – g)
= $200.45 × (1 + 1.23%) ÷ (8.25% – 1.23%) |
$2,891.15 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)5
= $2,891.15 ÷ (1 + 8.25%)5 |
$1,945.46 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 5 years cash flows +
Terminal Value
= $568.72 + $1,945.46 |
$2,514.19 |
| Equity Value per Share (USD) |
= Total value / Shares Outstanding
= $2,514.19 / 164.42 |
$15.29 |
| Calculation | Result | |
|---|---|---|
| Exchange Rate | USD/GBP
(Reporting currency to currency of LSE:HTG) |
0.773 |
| Value per Share (GBP) |
= Value per Share in USD x Exchange Rate (USD/GBP)
= $15.29 x 0.773 |
£11.83 |
| Value per share (GBP) | From above. | £11.83 |
| Current discount | Discount to share price of
£5.82
= -1 x (£5.82 - £11.83) / £11.83 |
50.8% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Current Discount
Current Discount Checks
- 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, and 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?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-06-30) in USD | $0.19 |
| LSE:HTG Share Price ** | LSE (2019-02-18) in GBP | £5.82 |
| LSE:HTG Share Price converted to USD reporting currency | Exchange rate (GBP/ USD) 1.293 | $7.52 |
| Europe Energy Services Industry PE Ratio | Median Figure of 23 Publicly-Listed Energy Services Companies | 17.87x |
| United Kingdom of Great Britain and Northern Ireland Market PE Ratio | Median Figure of 814 Publicly-Listed Companies | 15.87x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Hunting.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = LSE:HTG Share Price ÷ EPS (both in USD) = 7.52 ÷ 0.19 |
38.98x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Hunting is overvalued based on earnings compared to the Europe Energy Services industry average.
- Hunting is overvalued 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?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 38.98x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 13 Analysts |
22.7%per year |
| Europe Energy Services Industry PEG Ratio | Median Figure of 19 Publicly-Listed Energy Services Companies | 0.74x |
| United Kingdom of Great Britain and Northern Ireland Market PEG Ratio | Median Figure of 579 Publicly-Listed Companies | 1.26x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 38.98x ÷ 22.7% |
1.72x |
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?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-06-30) in USD | $6.90 |
| LSE:HTG Share Price * | LSE (2019-02-18) in GBP | £5.82 |
| LSE:HTG Share Price converted to USD reporting currency | Exchange rate (GBP/ USD) 1.293 | $7.52 |
| United Kingdom of Great Britain and Northern Ireland Energy Services Industry PB Ratio | Median Figure of 16 Publicly-Listed Energy Services Companies | 0.98x |
| United Kingdom of Great Britain and Northern Ireland Market PB Ratio | Median Figure of 1,362 Publicly-Listed Companies | 1.52x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = LSE:HTG Share Price ÷ Book Value per Share (both in USD) = 7.52 ÷ 6.90 |
1.09x |
* 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.
Value checks
We assess Hunting's value by looking at:- 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. )
- Is the PE ratio less than the market average, and/ or less than the Energy Services industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Energy Services industry average (and greater than 0)? (1 check) Hunting has a total score of 2/6, 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 13 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!
Earnings growth vs Low Risk Savings
- 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 expected to exceed 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
| Data Point | Source | Value (per year) |
|---|---|---|
| LSE:HTG Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 13 Analysts | 22.7% |
| LSE:HTG Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 13 Analysts | 7.7% |
| United Kingdom of Great Britain and Northern Ireland Energy Services Industry Earnings Growth Rate | Market Cap Weighted Average | 35.2% |
| United Kingdom of Great Britain and Northern Ireland Energy Services Industry Revenue Growth Rate | Market Cap Weighted Average | 5.6% |
| United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate | Market Cap Weighted Average | 10.2% |
| United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate | Market Cap Weighted Average | 3.7% |
*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
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (7 months ago) | See Below |
| Future Estimates | Average of up to 13 Analyst Estimates (S&P Global) | See Below |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | 1,300 | 1 | ||
| 2022-12-31 | 1,241 | 189 | 141 | 1 |
| 2021-12-31 | 1,138 | 163 | 115 | 4 |
| 2020-12-31 | 1,040 | 160 | 105 | 11 |
| 2019-12-31 | 964 | 140 | 75 | 13 |
| 2018-12-31 | 890 | 69 | 65 | 13 |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-06-30 | 848 | 47 | 32 |
| 2018-03-31 | 785 | 46 | 2 |
| 2017-12-31 | 723 | 46 | -27 |
| 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 |
| 2015-12-31 | 811 | 142 | -231 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (7 months ago) | See Below |
| Future Estimates | Average of up to 13 Analyst Estimates (S&P Global) | See Below |
All data from Hunting Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | 0.86 | 0.86 | 0.86 | 1.00 |
| 2022-12-31 | 0.84 | 0.84 | 0.84 | 1.00 |
| 2021-12-31 | 0.68 | 0.83 | 0.53 | 2.00 |
| 2020-12-31 | 0.69 | 0.80 | 0.53 | 5.00 |
| 2019-12-31 | 0.45 | 0.59 | 0.29 | 8.00 |
| 2018-12-31 | 0.39 | 0.55 | 0.31 | 8.00 |
| Date (Data in USD Millions) | EPS * |
|---|---|
| 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 |
| 2015-12-31 | -1.56 |
*GAAP earnings excluding extraordinary items.
Future performance checks
We assess Hunting's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- 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)
- 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)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Hunting has a total score of 4/6, 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
Past Earnings growth analysis
- 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
All data from Hunting Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-06-30 | 847.60 | 31.60 | 171.80 | |
| 2018-03-31 | 785.25 | 2.45 | 168.75 | |
| 2017-12-31 | 722.90 | -26.70 | 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 | |
| 2012-03-31 | 1,097.95 | 56.05 | 195.97 |
*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 less efficiently than the Europe Energy Services industry average last year based on Return on Assets.
- Hunting's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
Past performance checks
We assess Hunting's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Energy Services industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Hunting has a total score of 0/6, 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.
- 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
Assets
Liabilities and shares
- High level of physical assets or inventory.
- Debt is covered by short term assets, assets are 95.9x 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.
All data from Hunting Company Filings, last reported 7 months ago.
| Date (Data in USD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-06-30 | 1,146.50 | 6.30 | 45.30 |
| 2018-03-31 | 1,146.50 | 6.30 | 45.30 |
| 2017-12-31 | 1,110.50 | 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 |
| 2012-03-31 | 1,187.50 | 448.87 | 142.80 |
- Hunting's level of debt (0.5%) 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 (29.2% vs 0.5% today).
- Debt is well covered by operating cash flow (739.7%, greater than 20% of total debt).
- Interest payments on debt are well covered by earnings (EBIT is 87.8x coverage).
Financial health checks
We assess Hunting's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Hunting has a total score of 6/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- 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
If you bought
£2,000 of
Hunting
shares you are expected to receive
£21
in your first year as a dividend.
Dividend Amount
- Hunting's pays a lower dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (1.99%).
- Hunting's dividend is below the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (5.25%).
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.
| 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 13 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 | 4.9% |
| United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield | Market Cap Weighted Average of 710 Stocks | 4.2% |
| United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield | 10th Percentile | 1.1% |
| 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 | 5.3% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in $) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2023-12-31 | 0.30 | 1.00 |
| 2022-12-31 | 0.25 | 1.00 |
| 2021-12-31 | 0.21 | 3.00 |
| 2020-12-31 | 0.18 | 10.00 |
| 2019-12-31 | 0.14 | 12.00 |
| 2018-12-31 | 0.10 | 11.00 |
| Date (Data in $) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2018-10-10 | 0.080 | 1.089 |
| 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 |
| 2009-02-26 | 0.136 | 2.281 |
| 2009-02-19 | 0.141 | 2.459 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Hunting is not paying a notable dividend for United Kingdom of Great Britain and Northern Ireland, therefore no need to check if the payments are stable.
- Hunting is not paying a notable dividend for United Kingdom of Great Britain and Northern Ireland, therefore no need to check if the payments are increasing.
Income/ dividend checks
We assess Hunting's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- 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) Hunting has a total score of 1/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
Management
CEO
| COMPENSATION | $1,264,000 |
| TENURE AS CEO | 1.4 years |
CEO Bio
Mr. Arthur James Johnson, also known as Jim, has been Chief Executive 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
- Insufficient data for Jim to compare compensation growth.
- Jim's remuneration is about 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:
- 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
Chief Executive & Director
$1M
1.4 yrs
Peter Rose
Finance Director & Director
$1M
60
10.8 yrs
Ben Willey
Company Secretary
5.8 yrs
Christopher Berris
Group Treasurer
8.7 yrs
Board of Directors Tenure
Average tenure and age of the Hunting board of directors in years:
- The average tenure for the Hunting board of directors is less than 3 years, this suggests a new board.
Board of Directors
Jay Glick
Non-Executive Chairman
$126K
65
1.4 yrs
Jim Johnson
Chief Executive & Director
$1M
1.4 yrs
Peter Rose
Finance Director & Director
$1M
60
10.8 yrs
John Hofmeister
Senior Independent Director
$103K
70
8.7 yrs
Carol Chesney
Independent Non-Executive Director
55
0.8 yrs
Richard Hunting
Non-Independent & Non-Executive Director
$112K
70
30.1 yrs
Annell Bay
Independent Non-Executive Director
$77K
62
4 yrs
Keith Lough
Independent Non-Executive Director
59
0.8 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (£) | Value (£) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 | ||
| 24. Apr 18 | Buy | Keith Lough | Individual | 23. Apr 18 | 23. Apr 18 | 2,000 | £7.85 | £15,700 | ||
Management checks
We assess Hunting's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) 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
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 - – Full articleShould 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 - – Full articleWhat 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 - – Full articleHunting 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 - – Full articleShould 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 - – Full articleWhen 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 - – Full articleFinancially Sounds Stocks Poised For High Growth
XPP is expected to deliver an extremely high earnings growth over the next couple of years of 13.89%, driven by a positive double-digit revenue growth of 25.21% and cost-cutting initiatives. … This prospective profitability should trickle down to shareholders, with analysts expecting the company to generate a high double-digit return on equity of 22.78%. … STB is expected to deliver a buoyant earnings growth over the next couple of years of 29.66%, bolstered by an equally impressive revenue growth of 93.26%.
Simply Wall St - – Full articleCalculating The Intrinsic Value Of Hunting plc (LSE:HTG)
Today, I will calculate the stock's intrinsic value by taking the foreast future cash flows of the company and discounting them back to today's value. … 5-year cash flow estimate 2017 2018 2019 2020 2021 Levered FCF (GBP, Millions) $2.39 $42.55 $72.82 $31.30 $100.00 Source Analyst x6 Analyst x6 Analyst x6 Analyst x1 Analyst x1 Present Value Discounted @ 8.3% $2.21 $36.28 $57.33 $22.75 $67.13 Present Value of 5-year Cash Flow (PVCF)= $186 The second stage is also known as Terminal Value, this is the business's cash flow after the first stage. … Terminal Value (TV) = FCF2021 × (1 + g) ÷ (r – g) = $100 × (1 + 1.5%) ÷ (8.3% – 1.5%) = $1,491 Present Value of Terminal Value (PVTV) = TV / (1 + r)5 = $1,491 / ( 1 + 8.3%)5 = $1,001 The total value, or equity value, is then the sum of the present value of the cash flows, which in this case is £1,186.
Simply Wall St - – Full articleAt £4.93, Is It Time To Buy Hunting plc (LSE:HTG)?
And if you believe HTG’s true value is £5.42, then there isn’t much room for the share price grow beyond what it’s currently trading. … Furthermore, HTG’s share price also seems relatively stable compared to the rest of the market, as indicated by its low beta. … It seems like the market has already priced in HTG’s positive outlook, with shares trading around its fair value.
Simply Wall St - – Full articleWhat does Hunting plc's (LSE:HTG) Balance Sheet Tell Us Abouts Its Future?
Last year, HTG’s operating cash flow was 0.58x its current debt. … HTG’s high cash coverage and conservative debt levels indicate its ability to utilise its borrowings efficiently in order to generate ample cash flow. … HTG’s high cash coverage and low levels of debt indicate its ability to use its borrowings efficiently in order to produce a healthy cash flow.
Simply Wall St - – Full articleCompany Info
Map
Description
Hunting PLC manufactures, supplies, and distributes products that enable the extraction of oil and gas to upstream oil and gas companies. The company offers perforating guns and accessories; and premium connections, OCTG equipment, drilling tools, subsea equipment, intervention tools, and electronics. It also provides deep hole drilling and precision machining services; and in-field well intervention services. In addition, the company engages in the oil and gas exploration and production activities. It operates in the United Kingdom, the United States, Canada, Europe, the Asia Pacific, the Middle East, and Africa. Hunting PLC was founded in 1874 and is headquartered in London, the United Kingdom.
Details
| Name: | Hunting plc |
| HTG | |
| Exchange: | LSE |
| Founded: | 1874 |
| £956,905,746 | |
| 164,416,795 | |
| 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
Industry
| Oil and Gas Equipment and Services | |
| Energy |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/02/18 20:40 |
| End of day share price update: | 2019/02/18 00:00 |
| Last estimates confirmation: | 2019/02/07 |
| Last earnings filing: | 2018/08/30 |
| Last earnings reported: | 2018/06/30 |
| Last annual earnings reported: | 2017/12/31 |
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.
