Hilton Food Group
Market Cap
UK£879.4m
Last Updated
2020/02/17 21:12 UTC
Data Sources
Company Financials +
Executive Summary
Hilton Food Group plc, together with its subsidiaries, engages in the food packing business.
Rewards
Risk Analysis
Snowflake Analysis
Established dividend payer with proven track record.
Similar Companies
Share Price & News
How has Hilton Food Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HFG has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
3.1%
HFG
-0.3%
GB Food
0.5%
GB Market
1 Year Return
17.2%
HFG
11.2%
GB Food
6.6%
GB Market
Return vs Industry: HFG exceeded the UK Food industry which returned 12.8% over the past year.
Return vs Market: HFG exceeded the UK Market which returned 6.1% over the past year.
Shareholder returns
| HFG | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.1% | -0.3% | 0.5% |
| 30 Day | 4.5% | -0.1% | -2.4% |
| 90 Day | 6.7% | 8.8% | 4.0% |
| 1 Year | 19.8%17.2% | 14.0%11.2% | 12.2%6.6% |
| 3 Year | 76.2%65.0% | 11.4%4.1% | 17.8%2.9% |
| 5 Year | 200.2%165.5% | 6.3%-4.2% | 35.7%4.6% |
Price Volatility Vs. Market
How volatile is Hilton Food Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Is Hilton Food Group plc (LON:HFG) Trading At A 27% Discount?3 weeks ago | Simply Wall St
Is Now The Time To Put Hilton Food Group (LON:HFG) On Your Watchlist?1 month ago | Simply Wall St
Hilton Food Group plc (LON:HFG) Is Yielding 2.0% - But Is It A Buy?Valuation
Is Hilton Food Group undervalued compared to its fair value and its price relative to the market?
14.0%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: HFG (£10.76) is trading below our estimate of fair value (£12.52)
Significantly Below Fair Value: HFG is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: HFG is poor value based on its PE Ratio (28.8x) compared to the Food industry average (16.6x).
PE vs Market: HFG is poor value based on its PE Ratio (28.8x) compared to the UK market (18.5x).
Price to Earnings Growth Ratio
PEG Ratio: HFG is poor value based on its PEG Ratio (2x)
Price to Book Ratio
PB vs Industry: HFG is overvalued based on its PB Ratio (5x) compared to the GB Food industry average (1.2x).
Next Steps
Future Growth
How is Hilton Food Group forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
14.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HFG's forecast earnings growth (14.1% per year) is above the savings rate (0.5%).
Earnings vs Market: HFG's earnings (14.1% per year) are forecast to grow faster than the UK market (12.2% per year).
High Growth Earnings: HFG's earnings are forecast to grow, but not significantly.
Revenue vs Market: HFG's revenue (11% per year) is forecast to grow faster than the UK market (3.5% per year).
High Growth Revenue: HFG's revenue (11% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HFG's Return on Equity is forecast to be low in 3 years time (19.9%).
Next Steps
Past Performance
How has Hilton Food Group performed over the past 5 years?
12.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HFG has a high level of non-cash earnings.
Growing Profit Margin: HFG's current net profit margins (1.8%) are higher than last year (1.8%).
Past Earnings Growth Analysis
Earnings Trend: HFG's earnings have grown by 12.4% per year over the past 5 years.
Accelerating Growth: HFG's earnings growth over the past year (13%) exceeds its 5-year average (12.4% per year).
Earnings vs Industry: HFG earnings growth over the past year (13%) exceeded the Food industry 8.5%.
Return on Equity
High ROE: HFG's Return on Equity (18.2%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Hilton Food Group's financial position?
Financial Position Analysis
Short Term Liabilities: HFG's short term assets (£369.2M) do not cover its short term liabilities (£375.1M).
Long Term Liabilities: HFG's short term assets (£369.2M) exceed its long term liabilities (£303.8M).
Debt to Equity History and Analysis
Debt Level: HFG's debt to equity ratio (100.4%) is considered high.
Reducing Debt: HFG's debt to equity ratio has increased from 42.4% to 100.4% over the past 5 years.
Debt Coverage: HFG's debt is not well covered by operating cash flow (18.1%).
Interest Coverage: HFG's interest payments on its debt are well covered by EBIT (5.7x coverage).
Balance Sheet
Inventory Level: HFG has a high level of physical assets or inventory.
Debt Coverage by Assets: HFG's debt is covered by short term assets (assets are 2x debt).
Next Steps
Dividend
What is Hilton Food Group's current dividend yield, its reliability and sustainability?
1.99%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: HFG's dividend (1.99%) is higher than the bottom 25% of dividend payers in the UK market (1.83%).
High Dividend: HFG's dividend (1.99%) is low compared to the top 25% of dividend payers in the UK market (5.1%).
Stability and Growth of Payments
Stable Dividend: HFG's dividends per share have been stable in the past 10 years.
Growing Dividend: HFG's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (58.3%), HFG's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: HFG's dividends in 3 years are forecast to be covered by earnings (54% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.7yrs
Average board tenure
CEO
Philip Heffer 0
1.6yrs
Tenure
UK£1,405,000
Compensation
Mr. Philip Heffer has been Chief Executive Officer of Hilton Food Group PLC since July 01, 2018. Mr. Heffer served as the Chief Operating Officer of Hilton Food Group PLC from April 22, 2016 to July 01, 20Â ...
CEO Compensation Analysis
Compensation vs Market: Philip's total compensation ($USD1.83M) is above average for companies of similar size in the UK market ($USD1.18M).
Compensation vs Earnings: Philip's compensation has been consistent with company performance over the past year.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 1.6yrs | UK£1.52m | 2.88% £25.3m | |
| CEO & Executive Director | 1.6yrs | UK£1.41m | 9.39% £82.5m | |
| CFO & Executive Director | 0yrs | UK£1.23m | 0.13% £1.1m | |
| Non-Executive Director | 3.9yrs | UK£55.00k | 0.018% £161.4k | |
| Independent Non-Executive Director | 1.6yrs | UK£25.00k | 0.0012% £10.7k | |
| Senior Independent Director | 3.8yrs | UK£55.00k | 0.011% £96.8k |
2.7yrs
Average Tenure
68yo
Average Age
Experienced Board: HFG's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: HFG insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.6%.
Top Shareholders
Company Information
Hilton Food Group plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Hilton Food Group plc
- Ticker: HFG
- Exchange: LSE
- Founded: 1994
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: UK£879.358m
- Shares outstanding: 81.72m
- Website: https://www.hiltonfoodgroupplc.com
Number of Employees
Location
- Hilton Food Group plc
- 2-8 The Interchange
- Latham Road
- Huntingdon
- Cambridgeshire
- PE29 6YE
- United Kingdom
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| HFG | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | GBP | May 2007 |
| HFGl | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | GBP | May 2007 |
Biography
Hilton Food Group plc, together with its subsidiaries, engages in the food packing business. The company offers a range of fresh items, such as roasting joints, steaks, chops, and minces. It also provides value-added products comprising barbecue ranges, marinated meats, meat cuts, serving sauces, and ready to cook products. The company supplies its products for international food retailers. It operates in the United Kingdom, the Netherlands, the Republic of Ireland, Sweden, Denmark, Poland, the Czech Republic, Hungary, Slovakia, Latvia, Lithuania, Estonia, Portugal, and Australia. Hilton Food Group plc was founded in 1994 and is based in Huntingdon, the United Kingdom.Â
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/17 21:12 |
| End of Day Share Price | 2020/02/17 00:00 |
| Earnings | 2019/07/14 |
| Annual Earnings | 2018/12/30 |
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.