Harworth Group
Market Cap
UK£346.6m
Last Updated
2021/01/16 01:16 UTC
Data Sources
Company Financials +
Executive Summary
Harworth Group plc operates as a brownfield land developer and property regeneration company in the North of England and the Midlands. More Details
Rewards
Risk Analysis
Snowflake Analysis
High growth potential with adequate balance sheet.
Similar Companies
Share Price & News
How has Harworth Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HWG is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: HWG's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
3.4%
HWG
-1.1%
GB Real Estate
-1.7%
GB Market
1 Year Return
-30.0%
HWG
-18.2%
GB Real Estate
-8.6%
GB Market
Return vs Industry: HWG underperformed the UK Real Estate industry which returned -17.8% over the past year.
Return vs Market: HWG underperformed the UK Market which returned -7.7% over the past year.
Shareholder returns
| HWG | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.4% | -1.1% | -1.7% |
| 30 Day | 7.0% | 1.0% | 3.4% |
| 90 Day | 15.1% | 17.9% | 14.5% |
| 1 Year | -29.7%-30.0% | -17.0%-18.2% | -4.9%-8.6% |
| 3 Year | 0.4%-1.4% | -7.0%-13.9% | 3.7%-9.0% |
| 5 Year | -4.3%-7.5% | -18.7%-27.1% | 47.1%13.7% |
Long-Term Price Volatility Vs. Market
How volatile is Harworth 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
Estimating The Fair Value Of Harworth Group plc (LON:HWG)1 month ago | Simply Wall St
We Wouldn't Rely On Harworth Group's (LON:HWG) Statutory Earnings As A GuideValuation
Is Harworth Group undervalued compared to its fair value and its price relative to the market?
12.7%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: HWG (£1.08) is trading below our estimate of fair value (£1.23)
Significantly Below Fair Value: HWG is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: HWG is poor value based on its PE Ratio (64.7x) compared to the GB Real Estate industry average (16x).
PE vs Market: HWG is poor value based on its PE Ratio (64.7x) compared to the UK market (23x).
Price to Earnings Growth Ratio
PEG Ratio: HWG is poor value based on its PEG Ratio (1.1x)
Price to Book Ratio
PB vs Industry: HWG is good value based on its PB Ratio (0.8x) compared to the GB Real Estate industry average (0.9x).
Next Steps
Future Growth
How is Harworth Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
57.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HWG's forecast earnings growth (57.9% per year) is above the savings rate (1%).
Earnings vs Market: HWG's earnings (57.9% per year) are forecast to grow faster than the UK market (26.7% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: HWG's revenue (24.7% per year) is forecast to grow faster than the UK market (6.5% per year).
High Growth Revenue: HWG's revenue (24.7% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HWG's Return on Equity is forecast to be low in 3 years time (7.6%).
Next Steps
Past Performance
How has Harworth Group performed over the past 5 years?
-17.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HWG has a large one-off gain of £13.9M impacting its June 30 2020 financial results.
Growing Profit Margin: HWG's current net profit margins (10.6%) are lower than last year (38%).
Past Earnings Growth Analysis
Earnings Trend: HWG's earnings have declined by 17.4% per year over the past 5 years.
Accelerating Growth: HWG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: HWG had negative earnings growth (-87.7%) over the past year, making it difficult to compare to the Real Estate industry average (-25.4%).
Return on Equity
High ROE: HWG's Return on Equity (1.2%) is considered low.
Next Steps
Financial Health
How is Harworth Group's financial position?
Financial Position Analysis
Short Term Liabilities: HWG's short term assets (£257.6M) exceed its short term liabilities (£54.7M).
Long Term Liabilities: HWG's short term assets (£257.6M) exceed its long term liabilities (£86.3M).
Debt to Equity History and Analysis
Debt Level: HWG's debt to equity ratio (17%) is considered satisfactory.
Reducing Debt: HWG's debt to equity ratio has reduced from 21.9% to 17% over the past 5 years.
Debt Coverage: HWG's debt is not well covered by operating cash flow (6.4%).
Interest Coverage: Insufficient data to determine if HWG's interest payments on its debt are well covered by EBIT.
Balance Sheet
Next Steps
Dividend
What is Harworth Group current dividend yield, its reliability and sustainability?
0.62%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HWG's dividend (0.62%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (1.54%).
High Dividend: HWG's dividend (0.62%) is low compared to the top 25% of dividend payers in the UK market (4.54%).
Stability and Growth of Payments
Stable Dividend: HWG is not paying a notable dividend for the UK market, therefore no need to check if payments are stable.
Growing Dividend: HWG is not paying a notable dividend for the UK market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: HWG is not paying a notable dividend for the UK market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of HWG's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.6yrs
Average management tenure
CEO
Lynda Shillaw (55 yo)
0.17
Tenure
Ms. Lynda Margaret Shillaw, A.C.M.A has been the Chief Executive Officer of Harworth Group plc since November 01, 2020 and has been its Director since 2020. She served as Chief Executive Officer and Divisi...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CFO & Executive Director | 1.25yrs | UK£207.50k | 0.00030% £ 1.0k | |
| CEO & Director | 0.17yr | no data | no data | |
| Chief Operating Officer | 1.67yrs | no data | 0.032% £ 110.8k | |
| Technical Manager | 4yrs | no data | no data | |
| Head of Communications & Investor Relations | 2.17yrs | no data | no data | |
| Group General Counsel & Company Secretary | 4.58yrs | no data | no data | |
| Marketing Manager | no data | no data | no data | |
| Head of HR & Organisation Development | 3yrs | no data | no data | |
| Chief Operating Officer - Recovery Programme | no data | no data | no data | |
| Head of Planning | 3.42yrs | no data | no data | |
| Head of Income | no data | no data | no data | |
| Assistant Financial Controller | no data | no data | no data |
2.6yrs
Average Tenure
Experienced Management: HWG's management team is considered experienced (2.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CFO & Executive Director | 1.25yrs | UK£207.50k | 0.00030% £ 1.0k | |
| CEO & Director | 0.17yr | no data | no data | |
| Independent Non-Executive Chairman | 2.83yrs | UK£160.00k | 0.074% £ 256.9k | |
| Non-Executive Director | 0.17yr | no data | no data | |
| Non-Executive Director | 0.33yr | no data | no data | |
| Non-Executive Director | 10.42yrs | UK£45.00k | 0.012% £ 41.2k | |
| Independent Non-Executive Director | 1.83yrs | UK£35.31k | no data | |
| Non-Executive Director | 5.83yrs | UK£45.00k | no data | |
| Senior Independent Director | 0.25yr | UK£33.75k | no data |
1.3yrs
Average Tenure
55yo
Average Age
Experienced Board: HWG's board of directors are not considered experienced ( 1.3 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: HWG 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
Harworth Group plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Harworth Group plc
- Ticker: HWG
- Exchange: LSE
- Founded: 1991
- Industry: Real Estate Development
- Sector: Real Estate
- Market Cap: UK£346.617m
- Shares outstanding: 322.43m
- Website: https://www.harworthgroup.com
Number of Employees
Location
- Harworth Group plc
- Advantage House
- Poplar Way
- Rotherham
- South Yorkshire
- S60 5TR
- United Kingdom
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| HWG | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | GBP | Jun 1993 |
| UK6A | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jun 1993 |
Biography
Harworth Group plc operates as a brownfield land developer and property regeneration company in the North of England and the Midlands. The company operates in two segments, Income Generation and Capital Gr...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/16 01:16 |
| End of Day Share Price | 2021/01/15 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.