Loading...

Hardide

AIM:HDD
Snowflake Description

Flawless balance sheet with reasonable growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
HDD
AIM
£25M
Market Cap
  1. Home
  2. GB
  3. Materials
Company description

Hardide plc manufactures and sells tungsten carbide-based coatings for external and internal surfaces in the United Kingdom, Europe, North America, and internationally. The last earnings update was 12 days ago. More info.


Add to Portfolio Compare Print
HDD Share Price and Events
7 Day Returns
-2.9%
AIM:HDD
-2.5%
GB Chemicals
-0.6%
GB Market
1 Year Returns
-35.6%
AIM:HDD
-18.5%
GB Chemicals
-5.8%
GB Market
HDD Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Hardide (HDD) -2.9% 17.2% -17.7% -35.6% 54.5% -39.3%
GB Chemicals -2.5% -8.4% -5.5% -18.5% 11.7% 8.8%
GB Market -0.6% -2% 1.4% -5.8% 13.1% 1.3%
1 Year Return vs Industry and Market
  • HDD underperformed the Chemicals industry which returned -18.5% over the past year.
  • HDD underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -5.8% over the past year.
Price Volatility
HDD
Industry
5yr Volatility vs Market

Value

 Is Hardide 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
  • It is not possible to calculate the future cash flow value for Hardide. This is due to cash flow or dividend data being unavailable. The share price is £0.51.
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 Hardide's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Hardide's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AIM:HDD PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in GBP £-0.02
AIM:HDD Share Price ** AIM (2019-05-24) in GBP £0.51
United Kingdom of Great Britain and Northern Ireland Chemicals Industry PE Ratio Median Figure of 12 Publicly-Listed Chemicals Companies 25.68x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 789 Publicly-Listed Companies 16.22x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Hardide.

AIM:HDD PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AIM:HDD Share Price ÷ EPS (both in GBP)

= 0.51 ÷ -0.02

-24.49x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Hardide is loss making, we can't compare its value to the GB Chemicals industry average.
  • Hardide is loss making, we can't compare the value of its earnings to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Hardide's expected growth come at a high price?
Raw Data
AIM:HDD PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -24.49x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
93.1%per year
United Kingdom of Great Britain and Northern Ireland Chemicals Industry PEG Ratio Median Figure of 11 Publicly-Listed Chemicals Companies 1.87x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 575 Publicly-Listed Companies 1.45x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Hardide, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Hardide's assets?
Raw Data
AIM:HDD PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in GBP £0.12
AIM:HDD Share Price * AIM (2019-05-24) in GBP £0.51
United Kingdom of Great Britain and Northern Ireland Chemicals Industry PB Ratio Median Figure of 25 Publicly-Listed Chemicals Companies 2.13x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,369 Publicly-Listed Companies 1.49x
AIM:HDD PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AIM:HDD Share Price ÷ Book Value per Share (both in GBP)

= 0.51 ÷ 0.12

4.26x

* Primary Listing of Hardide.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Hardide is overvalued based on assets compared to the GB Chemicals industry average.
X
Value checks
We assess Hardide's value by looking at:
  1. 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. )
  2. Is the PE ratio less than the market average, and/ or less than the Chemicals industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Chemicals industry average (and greater than 0)? (1 check)
  5. Hardide has a total score of 0/6, 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 Hardide expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

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!
Annual Growth Rate
93.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Hardide expected to grow at an attractive rate?
  • Hardide's earnings growth is expected to exceed the low risk savings rate of 1.2%.
Growth vs Market Checks
  • Hardide's earnings growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
  • Hardide's revenue growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
AIM:HDD Future Growth Rates Data Sources
Data Point Source Value (per year)
AIM:HDD Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 93.1%
AIM:HDD Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 17.2%
United Kingdom of Great Britain and Northern Ireland Chemicals Industry Earnings Growth Rate Market Cap Weighted Average 7.5%
United Kingdom of Great Britain and Northern Ireland Chemicals Industry Revenue Growth Rate Market Cap Weighted Average 3.6%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 10.8%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 5%

*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
Raw Data
AIM:HDD Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AIM:HDD Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-09-30 7 1 0 1
2020-09-30 6 0 0 1
2019-09-30 5 -1 -1 1
AIM:HDD Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2019-03-31 5 -1 -1
2018-12-31 5 0 -1
2018-09-30 5 0 -1
2018-06-30 4 0 -1
2018-03-31 4 0 -1
2017-12-31 4 -1 -1
2017-09-30 3 -1 -1
2017-06-30 3 -1 -1
2017-03-31 3 -1 -1
2016-12-31 2 -1 -1
2016-09-30 2 -1 -1
2016-06-30 2 -1 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Hardide's earnings are expected to grow significantly at over 20% yearly.
  • Hardide's revenue is expected to grow by 17.2% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
AIM:HDD Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Hardide Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:HDD Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-09-30 0.01 0.01 0.01 1.00
2020-09-30 0.00 0.00 0.00 1.00
2019-09-30 -0.02 -0.02 -0.02 1.00
AIM:HDD Past Financials Data
Date (Data in GBP Millions) EPS *
2019-03-31
2018-12-31
2018-09-30 -0.02
2018-06-30 -0.02
2018-03-31
2017-12-31
2017-09-30 -0.03
2017-06-30 -0.03
2017-03-31
2016-12-31
2016-09-30 -0.04
2016-06-30 -0.03

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Hardide is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Hardide's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. 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)
  3. 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)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Hardide 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 Hardide 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
Below we compare Hardide's growth in the last year to its industry (Chemicals).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Hardide does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Hardide's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Hardide's 1-year growth to the GB Chemicals industry average as it is not currently profitable.
Earnings and Revenue History
Hardide's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Hardide Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:HDD Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 4.80 -1.21 2.90
2018-12-31 4.71 -1.04 2.81
2018-09-30 4.61 -0.87 2.71
2018-06-30 4.25 -0.80 2.61
2018-03-31 3.89 -0.73 2.51
2017-12-31 3.56 -0.91 2.42
2017-09-30 3.24 -1.10 2.33
2017-06-30 2.97 -1.25 2.23
2017-03-31 2.70 -1.40 2.13
2016-12-31 2.42 -1.37 2.06
2016-09-30 2.14 -1.34 1.99
2016-06-30 2.16 -1.01 1.94
2016-03-31 2.18 -0.67 1.89
2015-12-31 2.59 -0.39 2.01
2015-09-30 3.00 -0.12 2.13
2015-06-30 3.25 0.11 2.15
2015-03-31 3.50 0.33 2.16
2014-12-31 3.26 0.24 2.06
2014-09-30 3.03 0.16 1.96
2014-06-30 2.72 -0.41 1.95
2014-03-31 2.41 -0.98 1.94
2013-12-31 2.38 -0.92 1.85
2013-09-30 2.36 -0.85 1.77
2013-06-30 2.50 -0.42 1.69
2013-03-31 2.64 0.00 1.61
2012-12-31 2.78 0.16 1.59
2012-09-30 2.92 0.31 1.57
2012-06-30 2.80 0.28 1.57

*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.
  • It is difficult to establish if Hardide has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Hardide has efficiently used its assets last year compared to the GB Chemicals industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Hardide improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Hardide's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Chemicals industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Hardide 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 Hardide'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 Hardide's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Hardide is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Hardide's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Hardide's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Hardide has no debt, it does not need to be covered by short term assets.
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.
Raw Data

All data from Hardide Company Filings, last reported 1 month ago.

AIM:HDD Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 7.92 0.00 5.55
2018-12-31 7.92 0.00 5.55
2018-09-30 5.08 0.06 3.30
2018-06-30 5.08 0.06 3.30
2018-03-31 5.38 0.00 3.42
2017-12-31 5.38 0.00 3.42
2017-09-30 3.29 0.00 1.21
2017-06-30 3.29 0.00 1.21
2017-03-31 3.79 0.01 1.73
2016-12-31 3.79 0.01 1.73
2016-09-30 4.38 0.02 1.97
2016-06-30 4.38 0.02 1.97
2016-03-31 3.33 0.03 1.15
2015-12-31 3.33 0.03 1.15
2015-09-30 3.86 0.04 2.33
2015-06-30 3.86 0.04 2.33
2015-03-31 3.89 0.05 3.35
2014-12-31 3.89 0.05 3.35
2014-09-30 3.96 0.06 3.47
2014-06-30 3.96 0.06 3.47
2014-03-31 0.60 0.55 1.04
2013-12-31 0.60 0.55 1.04
2013-09-30 0.62 0.71 1.04
2013-06-30 0.62 0.71 1.04
2013-03-31 1.36 0.69 1.48
2012-12-31 1.36 0.69 1.48
2012-09-30 1.12 0.93 1.41
2012-06-30 1.12 0.93 1.41
  • Hardide has no debt.
  • Hardide has no debt compared to 5 years ago when it was 86%.
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.

  • Hardide has sufficient cash runway for more than 3 years based on current free cash flow.
  • Hardide has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of -33% each year.
X
Financial health checks
We assess Hardide's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Hardide has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. 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 Hardide'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
Dividend payments
0%
Current annual income from Hardide dividends.
If you bought £2,000 of Hardide shares you are expected to receive £0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Hardide's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Hardide's dividend against the top 25% market benchmark as the company has not reported any payouts.
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.
Raw Data
AIM:HDD Annualized Past and Future Dividends
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 1 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Chemicals Industry Average Dividend Yield Market Cap Weighted Average of 9 Stocks 2.9%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 706 Stocks 4.3%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 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.

AIM:HDD Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
2021-09-30
2020-09-30
2019-09-30

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Hardide has not reported any payouts.
  • Unable to verify if Hardide's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Hardide's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Hardide has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Hardide's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Hardide afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Hardide has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Philip Kirkham
COMPENSATION £212,000
AGE 65
TENURE AS CEO 6.7 years
CEO Bio

Mr. Philip David Kirkham has been the Chief Executive Officer of Hardide PLC since September 1, 2012. Mr. Kirkham serves as Chief Executive Officer of Hardide Coatings Ltd. He is a Seasoned Chief Executive Officer with substantial international experience and a strong background in marketing, sales and production in the metal processing sector. From 2008 to 2009, he served as Chief Executive Officer of private equity backed Material Advantage Group Ltd. From joining in 2000 to 2006, he held senior management positions with Firth Rixson Ltd, the multi-national provider of highly engineered products to high technology industries with a turnover of £550 million and 2,000 employees worldwide. He served as Senior Vice President of Firth Rixson Metals Division and Managing Director of Firth Rixson Special Steels at Firth Rixson. He also served as Vice President of Metals Division at Firth Rixson Limited since January 12, 2006. He had management responsibilities at Firth Rixson's Enpar and Superalloy operations. Mr. Kirkham joined Rolls Royce plc as Executive Vice President (Rotatives) where he was responsible for its £400 million global operation and supply chain for rotating parts for aerospace, industrial and marine gas turbine engines. He developed his early career with Sheffield Forgemasters and the British Steel Corporation, starting out on their graduate development programme. He has been a Director of Hardide PLC since September 01, 2012. He is a Fellow of both the Institution of Mechanical Engineers and the Institution of Engineering and Technology. Mr. Kirkham is a Chartered Engineer and a European Engineer (Eur Ing) with a BSc in Chemical Engineering from the University of Manchester and an MSc in Advanced Manufacturing Management.

CEO Compensation
  • Philip's compensation has increased whilst company is loss making.
  • Philip's remuneration is about average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team

Philip Kirkham

TITLE
CEO & Director
COMPENSATION
£212K
AGE
65
TENURE
6.7 yrs

Yuri Zhuk

TITLE
Founder
COMPENSATION
£135K
AGE
57

Peter Davenport

TITLE
Finance Director
COMPENSATION
£89K
AGE
52
TENURE
13.2 yrs

Steve Guse

TITLE
Vice President of Operations
Board of Directors Tenure

Average tenure and age of the Hardide board of directors in years:

6.9
Average Tenure
59
Average Age
  • The tenure for the Hardide board of directors is about average.
Board of Directors

Robert Goddard

TITLE
Non-Executive Chairman
COMPENSATION
£50K
AGE
67
TENURE
11.3 yrs

Philip Kirkham

TITLE
CEO & Director
COMPENSATION
£212K
AGE
65
TENURE
6.7 yrs

Yuri Zhuk

TITLE
Founder
COMPENSATION
£135K
AGE
57
TENURE
14.2 yrs

Peter Davenport

TITLE
Finance Director
COMPENSATION
£89K
AGE
52
TENURE
13.2 yrs

Tim Rice

TITLE
Non-Executive Director
COMPENSATION
£13K
AGE
59
TENURE
1.2 yrs

Charles Irving-Swift

TITLE
Senior Independent Director
COMPENSATION
£13K
AGE
62
TENURE
0.8 yrs

Andrew Boyce

TITLE
Non-Executive Director
COMPENSATION
£23K
AGE
56
TENURE
6.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (£) Value (£)
04. Jul 18 Buy Timothy Rice Individual 04. Jul 18 04. Jul 18 1,375 £0.72 £990
30. May 18 Buy Charles Irving-Swift Individual 30. May 18 30. May 18 12,626 £0.79 £10,000
X
Management checks
We assess Hardide's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Hardide 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

Is Hardide plc's (LON:HDD) CEO Overpaid Relative To Its Peers?

Philip Kirkham has been the CEO of Hardide plc (LON:HDD) since 2012. … This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. … How Does Philip Kirkham's Compensation Compare With Similar Sized Companies?

Simply Wall St -

Hardide plc (LON:HDD) Is Expected To Breakeven

The UK£22m market-cap company announced a latest loss of -UK£865.0k on 30 September 2018 for its most recent financial year result. … I’ve put together a brief outline of industry analyst expectations for HDD, its year of breakeven and its implied growth rate … Check out our latest analysis for Hardide

Simply Wall St -

What Kind Of Share Price Volatility Should You Expect For Hardide plc (LON:HDD)?

Volatility is considered to be a measure of risk in modern finance theory. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.

Simply Wall St -

Our Take On Hardide plc's (LON:HDD) CEO Salary

This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. … The aim of all this is to consider the appropriateness of CEO pay levels. … How Does Philip Kirkham's Compensation Compare With Similar Sized Companies?

Simply Wall St -

When Will Hardide plc (LON:HDD) Become Profitable?

The UK£23m market-cap company announced a latest loss of -UK£865.0k on 30 September 2018 for its most recent financial year result. … As path to profitability is the topic on HDD’s investors mind, I’ve decided to gauge market sentiment. … See our latest analysis for Hardide

Simply Wall St -

Hardide plc (LON:HDD): What Does Its Beta Value Mean For Your Portfolio?

Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … Before we go on, it's worth noting that Warren Buffett pointed out in his 2014 letter to shareholders that 'volatility is far from synonymous with risk.' Having said that, beta can still be rather useful. … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.

Simply Wall St -

Are Hardide plc's (LON:HDD) Interest Costs Too High?

However, it also faces higher cost of capital given interest cost is generally lower than equity. … Is HDD right in choosing financial flexibility over lower cost of capital. … Debt funding can be cheaper than issuing new equity due to lower interest cost on debt

Simply Wall St -

Does Hardide plc (LON:HDD) Fall With The Market?

If you are looking to invest in Hardide plc’s (LON:HDD), or currently own the stock, then you need to understand its beta in order to understand how it can affect the risk of your portfolio. … The second risk is market-wide, which arises from investing in the stock market. … The most widely used metric to quantify a stock's market risk is beta, and the market as a whole represents a beta of one.

Simply Wall St -

Is Hardide plc's (LON:HDD) CEO Salary Justified?

Understanding how CEOs are incentivised to run and grow their company is an important aspect of investing in a stock. … Incentives can be in the form of compensation, which should always be structured in a way that promotes value-creation to shareholders. … CEOs leading companies of similar size and profitability

Simply Wall St -

Is It Too Late To Buy Hardide plc (LON:HDD)?

As a small cap stock, hardly covered by any analysts, there is generally more of an opportunity for mispricing as there is less activity to push the stock closer to fair value? … Is there still an opportunity here to buy. … Today I will analyse the most recent data on Hardide’s outlook and valuation to see if the opportunity still exists

Simply Wall St -

Company Info

Description

Hardide plc manufactures and sells tungsten carbide-based coatings for external and internal surfaces in the United Kingdom, Europe, North America, and internationally. The company offers custom coatings; and base material coatings for various steel and alloy materials, as well as coatings for seals. It provides its products for use in various industries and applications, including oil and gas, aerospace, valves, pumps, industrial diamond, power generation, motorsport, material processing, industrial tooling, and blades. The company was founded in 2000 and is headquartered in Bicester, the United Kingdom.

Details
Name: Hardide plc
HDD
Exchange: AIM
Founded: 2000
£24,710,477
48,451,917
Website: http://www.hardide.com
Address: Hardide plc
11 Wedgwood Road,
Bicester,
Oxfordshire, OX26 4UL,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM HDD Ordinary Shares London Stock Exchange AIM Market GB GBP 04. Apr 2005
AIM HDD Ordinary Shares London Stock Exchange AIM Market GB GBP 04. Apr 2005
Number of employees
Current staff
Staff numbers
39
Hardide employees.
Industry
Specialty Chemicals
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/26 20:53
End of day share price update: 2019/05/24 00:00
Last estimates confirmation: 2019/05/14
Last earnings filing: 2019/05/14
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/09/30


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.