LSE:HSD

Stock Analysis Report

Executive Summary

Hansard Global plc operates as a specialist long-term savings provider that offers savings and investment products for investors, institutions, and wealth-management groups worldwide.

Snowflake

Fundamentals

Undervalued with reasonable growth potential.

Share Price & News

How has Hansard Global's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

1.5%

HSD

-0.6%

GB Insurance

0.2%

GB Market


1 Year Return

-16.0%

HSD

-2.3%

GB Insurance

1.7%

GB Market

Return vs Industry: HSD underperformed the UK Insurance industry which returned -2.3% over the past year.

Return vs Market: HSD underperformed the UK Market which returned 1.7% over the past year.


Shareholder returns

HSDIndustryMarket
7 Day1.5%-0.6%0.2%
30 Day3.1%-0.9%-1.7%
90 Day-6.5%-10.0%-3.1%
1 Year-6.3%-16.0%2.7%-2.3%6.7%1.7%
3 Year-48.0%-60.4%16.0%-0.02%17.7%3.1%
5 Year-29.3%-54.5%32.4%4.5%36.1%5.5%

Price Volatility Vs. Market

How volatile is Hansard Global's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

48.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: HSD (£0.42) is trading below our estimate of fair value (£0.81)

Significantly Below Fair Value: HSD is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: HSD is good value based on its PE Ratio (12.4x) compared to the Insurance industry average (13.4x).

PE vs Market: HSD is good value based on its PE Ratio (12.4x) compared to the UK market (16.6x).


Price to Earnings Growth Ratio

PEG Ratio: HSD is good value based on its PEG Ratio (0.5x)


Price to Book Ratio

PB vs Industry: HSD is overvalued based on its PB Ratio (2.1x) compared to the GB Insurance industry average (1.7x).


Next Steps

Future Growth

How is Hansard Global forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

24.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HSD's forecast earnings growth (24.4% per year) is above the savings rate (1.2%).

Earnings vs Market: HSD's earnings (24.4% per year) are forecast to grow faster than the UK market (12.4% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: HSD's revenue is expected to decline over the next 3 years (-36.4% per year).

High Growth Revenue: HSD's revenue is forecast to decline over the next 3 years (-36.4% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: HSD's Return on Equity is forecast to be high in 3 years time (27.9%)


Next Steps

Past Performance

How has Hansard Global performed over the past 5 years?

-14.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: HSD's earnings have declined by -14.4% per year over the past 5 years.

Accelerating Growth: HSD's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: HSD had negative earnings growth (-32.4%) over the past year, making it difficult to compare to the Insurance industry average (21.9%).


Return on Equity

High ROE: HSD's Return on Equity (16.9%) is considered low.


Return on Assets

ROA vs Industry: HSD's Return on Assets is below or equal to the Insurance industry average last year.


Return on Capital Employed

ROCE Improving: HSD's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Hansard Global's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: HSD has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if HSD's debt is covered by short term assets.


Financial Institutions Analysis

Asset Level: HSD's level of assets compared to its equity is very high.

Allowance for Bad Loans: Insufficient data to determine if HSD has a sufficient allowance for bad loans.

Low Risk Liabilities: HSD reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if HSD has an acceptable proportion of non-loan assets held.

Low Risk Deposits: HSD has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if HSD has an appropriate level of bad loans.


Next Steps

Dividend

What is Hansard Global's current dividend yield, its reliability and sustainability?

10.70%

Current Dividend Yield


Dividend Yield vs Market

company10.7%marketbottom25%2.0%markettop25%5.4%industryaverage5.1%forecastin3Years10.9%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: HSD's dividend (10.7%) is higher than the bottom 25% of dividend payers in the UK market (1.99%).

High Dividend: HSD's dividend (10.7%) is in the top 25% of dividend payers in the UK market (5.37%)

Stable Dividend: HSD's dividend payments have been volatile in the past 10 years.

Growing Dividend: HSD's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (133.1%), HSD's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: HSD's dividends in 3 years are forecast to be covered by earnings (88.6% payout ratio).


Next Steps

Management

What is the CEO of Hansard Global's salary, the management and board of directors tenure and is there insider trading?

4.9yrs

Average management tenure


CEO

Gordon Marr 0

6.8yrs

Tenure

UK£407,684

Compensation

Mr. Gordon Stuart Marr, LLB has been the Group Chief Executive Officer of Hansard Global Plc since January 1, 2013. Mr. Marr served as Executive General Manager of Cleaning & Open Space at ISS Facility Ser ...


CEO Compensation Analysis

Compensation vs. Market: Gordon's total compensation ($USD529.13K) is about average for companies of similar size in the UK market ($USD318.91K).

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


Management Age and Tenure

4.9yrs

Average Tenure

Experienced Management: HSD's management team is considered experienced (4.9 years average tenure).


Board Age and Tenure

5.3yrs

Average Tenure

Experienced Board: HSD's board of directors are considered experienced (5.3 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyUK£14,97013 Nov 18
Timothy Davies
EntityIndividual
Role
Member of the Board of Directors
Group CFO & Director
Shares31,850
Max PriceUK£0.48

Ownership Breakdown


Management Team

  • Leonard Polonsky

    President

    • Tenure: 5.3yrs
    • Compensation: UK£50.00k
  • Gordon Marr

    Group CEO & Director

    • Tenure: 6.8yrs
    • Compensation: UK£407.68k
  • Graham Malcolm Morrall

    Global Sales & Marketing Director

    • Tenure: 0yrs
  • Tim Davies (45yo)

    Group CFO & Director

    • Tenure: 3.8yrs
    • Compensation: UK£202.48k
  • Ollie Byrne

    Chief Strategy Officer

    • Tenure: 0yrs
  • Ailish Sherlin

    Group Chief Actuary

    • Tenure: 4.5yrs
  • Karen Corran

    Head of Human Resources

    • Tenure: 0yrs
  • Angela McCraith

    Head of Group Risk & Compliance

    • Tenure: 0yrs
  • Leslie Wong (64yo)

    Chief Operating Officer

    • Tenure: 0yrs
  • Hazel Stewart

    Company Secretary & Legal Manager

    • Tenure: 0yrs

Board Members

  • Gordon Marr

    Group CEO & Director

    • Tenure: 6.8yrs
    • Compensation: UK£407.68k
  • Maurice Dyson

    Senior Independent Non-Executive Director

    • Tenure: 5.3yrs
    • Compensation: UK£68.00k
  • Philip P. Gregory

    Non-Executive Chairman

    • Tenure: 5.3yrs
    • Compensation: UK£68.78k
  • Andy Frepp

    Independent Non-Executive Director

    • Tenure: 5.8yrs
    • Compensation: UK£50.00k
  • Tim Davies (45yo)

    Group CFO & Director

    • Tenure: 3.8yrs
    • Compensation: UK£202.48k
  • Marc Andre Polonsky

    Non-Executive Director

    • Tenure: 1.1yrs
  • Graeme Easton

    Independent Non-Executive Director

    • Tenure: 0.3yrs

Company Information

Hansard Global Plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Hansard Global Plc
  • Ticker: HSD
  • Exchange: LSE
  • Founded: 1970
  • Industry: Life and Health Insurance
  • Sector: Insurance
  • Market Cap: UK£55.200m
  • Shares outstanding: 136.97m
  • Website: https://www.hansard.com

Number of Employees


Location

  • Hansard Global Plc
  • Harbour Court
  • Lord Street
  • Douglas
  • Isle of Man
  • IM99 1QL
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HSDLSE (London Stock Exchange)YesOrdinary SharesGBGBPDec 2006
HNRD.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDDec 2006
HSDLBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBGBPDec 2006

Biography

Hansard Global plc operates as a specialist long-term savings provider that offers savings and investment products for investors, institutions, and wealth-management groups worldwide. The company offers un ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/21 20:54
End of Day Share Price2019/10/21 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


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.