Hunting
Market Cap
UK£441.8m
Last Updated
2021/03/03 19:55 UTC
Data Sources
Company Financials +
Executive Summary
Hunting PLC, together with its subsidiaries, manufactures and distributes tools and components for the upstream oil and gas industry worldwide. More Details
Rewards
Risk Analysis
No risks detected for HTG from our risk checks.
Snowflake Analysis
Flawless balance sheet with moderate growth potential.
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 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.
Market Performance
7 Day Return
6.4%
HTG
-0.7%
GB Energy Services
0.3%
GB Market
1 Year Return
-10.8%
HTG
-20.9%
GB Energy Services
0.8%
GB Market
Return vs Industry: HTG exceeded the UK Energy Services industry which returned -20.1% over the past year.
Return vs Market: HTG underperformed the UK Market which returned 1.1% over the past year.
Shareholder returns
| HTG | Industry | Market | |
|---|---|---|---|
| 7 Day | 6.4% | -0.7% | 0.3% |
| 30 Day | 35.4% | 8.4% | 3.2% |
| 90 Day | 36.8% | 2.2% | 4.5% |
| 1 Year | -8.4%-10.8% | -20.7%-20.9% | 6.7%0.8% |
| 3 Year | -59.6%-61.4% | -49.9%-53.9% | 11.5%-1.9% |
| 5 Year | -26.7%-30.5% | -55.5%-62.5% | 41.8%14.5% |
Long-Term 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
2 weeks ago | Simply Wall St
Hunting's(LON:HTG) Share Price Is Down 60% Over The Past Three Years.1 month ago | Simply Wall St
Have Insiders Been Buying Hunting PLC (LON:HTG) Shares?1 month ago | Simply Wall St
Is There An Opportunity With Hunting PLC's (LON:HTG) 43% Undervaluation?Valuation
Is Hunting undervalued compared to its fair value and its price relative to the market?
17.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: HTG (£2.7) is trading below our estimate of fair value (£3.29)
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 XE 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 (0.6x) 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 8 analysts?
95.9%
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 (1%).
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 (5% per year) is forecast to grow slower than the UK market (7.3% per year).
High Growth Revenue: HTG's revenue (5% 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 (1%).
Next Steps
Past Performance
How has Hunting performed over the past 5 years?
41.9%
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 41.9% 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 (-25.6%).
Return on Equity
High ROE: HTG has a negative Return on Equity (-19.75%), as it is currently unprofitable.
Next Steps
Financial Health
How is Hunting's financial position?
Financial Position Analysis
Short Term Liabilities: HTG's short term assets ($558.9M) exceed its short term liabilities ($91.5M).
Long Term Liabilities: HTG's short term assets ($558.9M) exceed its long term liabilities ($47.6M).
Debt to Equity History and Analysis
Debt Level: HTG's debt to equity ratio (0.5%) is considered satisfactory.
Reducing Debt: HTG's debt to equity ratio has reduced from 17.8% 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, even with free cash flow being positive and shrinking by 14.3% per year.
Next Steps
Dividend
What is Hunting current dividend yield, its reliability and sustainability?
1.33%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HTG's dividend (1.33%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (1.47%).
High Dividend: HTG's dividend (1.33%) is low compared to the top 25% of dividend payers in the UK market (4.48%).
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 well covered by earnings (27.1% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.0yrs
Average management tenure
CEO
Jim Johnson (59 yo)
3.5yrs
Tenure
US$2,229,000
Compensation
Mr. Arthur James Johnson, also known as Jim, has been Chief Executive Officer and Director of Hunting plc since September 1, 2017. Mr. Johnson was the Group Chief Operating Officer of Hunting plc since 201...
CEO Compensation Analysis
Compensation vs Market: Jim's total compensation ($USD2.23M) is above average for companies of similar size in the UK market ($USD1.02M).
Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 3.5yrs | US$2.23m | 0.22% $ 993.3k | |
| Group Finance Director & Director | 0.92yr | no data | 0.062% $ 275.2k | |
| Chief Operating Officer | 4.17yrs | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Managing Director of Middle East & Africa Operations | 8.17yrs | no data | no data | |
| Managing Director of Canada Operations | 2.08yrs | no data | no data | |
| Managing Director of Hunting Titan | 4.17yrs | no data | no data | |
| Managing Director of Asia Pacific Operations | 10.17yrs | no data | no data | |
| Managing Director of US Operations | 10.17yrs | no data | no data | |
| Company Secretary | 7.92yrs | no data | no data | |
| Group Treasurer | 10.75yrs | no data | no data |
6.0yrs
Average Tenure
54yo
Average Age
Experienced Management: HTG's management team is seasoned and experienced (6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 3.5yrs | US$2.23m | 0.22% $ 993.3k | |
| Group Finance Director & Director | 0.92yr | no data | 0.062% $ 275.2k | |
| Independent Non-Executive Chairman | 3.5yrs | US$235.00k | 0.046% $ 205.1k | |
| Senior Independent Non-executive Director | 2.58yrs | US$89.00k | 0.012% $ 51.3k | |
| Non-Independent & Non-Executive Director | 32.17yrs | US$77.00k | 4.8% $ 21.2m | |
| Independent Non-Executive Director | 2.92yrs | US$89.00k | 0.0055% $ 24.3k | |
| Independent Non-Executive Director | 6.08yrs | US$89.00k | 0.0082% $ 36.3k |
3.5yrs
Average Tenure
61yo
Average Age
Experienced Board: HTG's board of directors are considered experienced (3.5 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 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£441.827m
- Shares outstanding: 163.52m
- 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 components for the upstream oil and gas industry worldwide. The company offers perforating guns and hardware, energetics ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/03 19:55 |
| End of Day Share Price | 2021/03/03 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.