AIM:HDT

Stock Analysis Report

Holders Technology

Executive Summary

Holders Technology plc, together with its subsidiaries, distributes special laminates and materials, equipment, and supplies for printed circuit board (PCB) industry in the United Kingdom, Germany, and internationally.

Snowflake

Fundamentals

Flawless balance sheet and fair value.

Share Price & News

How has Holders Technology's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

HDT

-0.004%

GB Electronic

1.9%

GB Market


1 Year Return

-10.7%

HDT

5.7%

GB Electronic

2.4%

GB Market

Return vs Industry: HDT underperformed the UK Electronic industry which returned 5.7% over the past year.

Return vs Market: HDT underperformed the UK Market which returned 2.4% over the past year.


Shareholder returns

HDTIndustryMarket
7 Day0%-0.004%1.9%
30 Day2.5%-5.4%-1.1%
90 Day-7.9%-5.2%-1.8%
1 Year-8.9%-10.7%7.4%5.7%7.4%2.4%
3 Year27.9%22.4%45.3%38.7%18.2%3.7%
5 Year16.2%7.9%117.7%99.3%35.7%6.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Holders Technology undervalued compared to its fair value and its price relative to the market?

11.16x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: HDT (£0.41) is trading above our estimate of fair value (£0.12)

Significantly Undervalued: HDT is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: HDT is good value based on its PE Ratio (11.2x) compared to the Electronic industry average (20.1x).

PE vs Market: HDT is good value based on its PE Ratio (11.2x) compared to the UK market (16.5x).


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate HDT's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: HDT is good value based on its PB Ratio (0.4x) compared to the GB Electronic industry average (2.1x).


Next Steps

Future Growth

How is Holders Technology forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

26.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HDT's forecast earnings growth (26.9% per year) is above the savings rate (1.2%).

Earnings vs Market: HDT's earnings (26.9% per year) are forecast to grow faster than the UK market (12.6% per year).

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

Revenue vs Market: Insufficient data to determine if HDT's revenue is forecast to grow faster than the UK market.

High Growth Revenue: Insufficient data to determine if HDT's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if HDT's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Holders Technology performed over the past 5 years?

44.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: HDT has become profitable over the past 5 years, growing earnings by 44% per year.

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

Earnings vs Industry: HDT had negative earnings growth (-19%) over the past year, making it difficult to compare to the Electronic industry average (-7.7%).


Return on Equity

High ROE: HDT's Return on Equity (3.7%) is considered low.


Return on Assets

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


Return on Capital Employed

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


Next Steps

Financial Health

How is Holders Technology's financial position?


Financial Position Analysis

Short Term Liabilities: HDT's short term assets (£4.7M) exceeds its short term liabilities (£988.0K)

Long Term Liabilities: HDT's short term assets (4.7M) exceeds its long term liabilities (213.0K)


Debt to Equity History and Analysis

Debt Level: HDT is debt free.

Reducing Debt: HDT has not had any debt for past 5 years.

Debt Coverage: HDT has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: HDT has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: HDT has a high level of physical assets or inventory.

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


Next Steps

Dividend

What is Holders Technology's current dividend yield, its reliability and sustainability?

2.44%

Current Dividend Yield


Dividend Yield vs Market

company2.4%marketbottom25%2.0%markettop25%5.4%industryaverage1.7%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: HDT's dividend (2.44%) is higher than the bottom 25% of dividend payers in the UK market (2%).

High Dividend: HDT's dividend (2.44%) is low compared to the top 25% of dividend payers in the UK market (5.42%).

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

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


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (20.4%), HDT's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

3.3yrs

Average management tenure


CEO

Rudi Weinreich (73yo)

0yrs

Tenure

UK£19,000

Compensation

Mr. Rudolf Walter Weinreich, also known as Rudi, serves as an Executive Chairman and Chief Executive Officer at Holders Technology Plc. Mr. Weinreich has been responsible for all aspects of the business si ...


CEO Compensation Analysis

Compensation vs. Market: Rudi's total compensation ($USD24.38K) is too low to compare against companies of similar size in the UK market ($USD320.04K).

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


Management Age and Tenure

3.3yrs

Average Tenure

59yo

Average Age

Experienced Management: HDT's management team is considered experienced (3.3 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.


Ownership Breakdown


Management Team

  • Rudi Weinreich (73yo)

    Executive Chairman & CEO

    • Tenure: 0yrs
    • Compensation: UK£19.00k
  • Paul Kevin Geraghty (59yo)

    Group Finance Director

    • Tenure: 0yrs
    • Compensation: UK£121.00k
  • Victoria Blaisdell (47yo)

    Group MD & Director

    • Tenure: 0yrs
    • Compensation: UK£117.00k
  • Alastair Rennick

    Managing Director of UK PCB Operations

    • Tenure: 3.8yrs
  • Frank van der Hulst

    Joint Managing Director of Holders Technology GmbH

    • Tenure: 2.8yrs
  • Mat Hanson

    Sales Director

    • Tenure: 0.3yrs

Board Members

  • Rudi Weinreich (73yo)

    Executive Chairman & CEO

    • Tenure: 0yrs
    • Compensation: UK£19.00k
  • David Mahony (75yo)

    Senior Non-Executive Director

    • Tenure: 21.8yrs
    • Compensation: UK£18.00k
  • Paul Kevin Geraghty (59yo)

    Group Finance Director

    • Tenure: 0yrs
    • Compensation: UK£121.00k
  • Victoria Blaisdell (47yo)

    Group MD & Director

    • Tenure: 0yrs
    • Compensation: UK£117.00k

Company Information

Holders Technology plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Holders Technology plc
  • Ticker: HDT
  • Exchange: AIM
  • Founded: 1972
  • Industry: Technology Distributors
  • Sector: Tech
  • Market Cap: UK£1.732m
  • Shares outstanding: 4.22m
  • Website: https://www.holderstechnology.com

Number of Employees


Location

  • Holders Technology plc
  • 27-28 Eastcastle Street
  • London
  • Greater London
  • W1W 8DH
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HDTAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPJan 1992

Biography

Holders Technology plc, together with its subsidiaries, distributes special laminates and materials, equipment, and supplies for printed circuit board (PCB) industry in the United Kingdom, Germany, and int ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/16 20:36
End of Day Share Price2019/10/16 00:00
Earnings2019/05/31
Annual Earnings2018/11/30


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.