ZGSE:HT

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Hrvatski Telekom d.d

Executive Summary

Hrvatski Telekom d.d., together with its subsidiaries, provides various telecommunications services to residential and corporate customers, small and medium sized businesses, and public sector customers in the Republic of Croatia and internationally.


Snowflake Analysis

Flawless balance sheet and slightly overvalued.


Similar Companies

Share Price & News

How has Hrvatski Telekom d.d's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: HT has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

HT

1.4%

HR Telecom

-0.1%

HR Market


1 Year Return

8.9%

HT

-11.4%

HR Telecom

-3.9%

HR Market

Return vs Industry: HT exceeded the HR Telecom industry which returned -11.8% over the past year.

Return vs Market: HT exceeded the HR Market which returned -4.2% over the past year.


Shareholder returns

HTIndustryMarket
7 Day0%1.4%-0.1%
30 Day0%1.7%0.2%
90 Day-6.5%-11.5%-10.6%
1 Year8.9%8.9%-8.0%-11.4%-2.0%-3.9%
3 Year8.9%-1.6%-13.8%-24.3%-6.4%-12.6%
5 Year27.7%6.9%-16.8%-31.7%0.7%-9.0%

Price Volatility Vs. Market

How volatile is Hrvatski Telekom d.d's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Hrvatski Telekom d.d undervalued compared to its fair value and its price relative to the market?

18.1x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: HT (HRK165.5) is trading above our estimate of fair value (HRK137.64)

Significantly Below Fair Value: HT is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: HT is good value based on its PE Ratio (18.1x) compared to the Telecom industry average (18.2x).

PE vs Market: HT is poor value based on its PE Ratio (18.1x) compared to the HR market (10.8x).


Price to Earnings Growth Ratio

PEG Ratio: HT is poor value based on its PEG Ratio (1.4x)


Price to Book Ratio

PB vs Industry: HT is good value based on its PB Ratio (1.1x) compared to the XE Telecom industry average (1.6x).


Next Steps

Future Growth

How is Hrvatski Telekom d.d forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

12.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HT's forecast earnings growth (12.6% per year) is above the savings rate (2.5%).

Earnings vs Market: HT's earnings (12.6% per year) are forecast to grow faster than the HR market (9.5% per year).

High Growth Earnings: HT's earnings are forecast to grow, but not significantly.

Revenue vs Market: HT's revenue (0.5% per year) is forecast to grow slower than the HR market (1.9% per year).

High Growth Revenue: HT's revenue (0.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: HT's Return on Equity is forecast to be low in 3 years time (7.2%).


Next Steps

Past Performance

How has Hrvatski Telekom d.d performed over the past 5 years?

-3.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HT has high quality earnings.

Growing Profit Margin: HT's current net profit margins (9.1%) are lower than last year (14%).


Past Earnings Growth Analysis

Earnings Trend: HT's earnings have declined by -3.9% per year over the past 5 years.

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

Earnings vs Industry: HT had negative earnings growth (-35.6%) over the past year, making it difficult to compare to the Telecom industry average (9.8%).


Return on Equity

High ROE: HT's Return on Equity (5.3%) is considered low.


Next Steps

Financial Health

How is Hrvatski Telekom d.d's financial position?


Financial Position Analysis

Short Term Liabilities: HT's short term assets (HRK5.7B) exceed its short term liabilities (HRK2.2B).

Long Term Liabilities: HT's short term assets (HRK5.7B) exceed its long term liabilities (HRK878.0M).


Debt to Equity History and Analysis

Debt Level: HT is debt free.

Reducing Debt: HT had no debt 5 years ago.

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

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


Balance Sheet


Next Steps

Dividend

What is Hrvatski Telekom d.d's current dividend yield, its reliability and sustainability?

6.04%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: HT's dividend (6.04%) is higher than the bottom 25% of dividend payers in the HR market (2.56%).

High Dividend: HT's dividend (6.04%) is in the top 25% of dividend payers in the HR market (4.23%)


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (109.4%), HT's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: HT's dividends in 3 years are not forecast to be well covered by earnings (95.3% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.3yrs

Average management tenure


CEO

Kostas Nempis (46yo)

1.08yrs

Tenure

Kn3,120,523

Compensation

Mr. Konstantinos Nempis, also known as Kostas, has been President of Management Board and Chief Executive Officer at Hrvatski Telekom d.d. since April 1, 2019. Mr. Nempis served as Chief Officer - Advisor  ...


CEO Compensation Analysis

Compensation vs Market: Kostas's total compensation ($USD448.16K) is below average for companies of similar size in the HR market ($USD1.35M).

Compensation vs Earnings: Insufficient data to compare Kostas's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Konstantinos Nempis
President of Management Board & CEO1.08yrsKn3.12mno data
Daniel Darius Daub
CFO & Member of Management Board2.5yrsKn3.20mno data
Nataša Rapaic
COO of Residential & Member of Management Board7.25yrsKn3.27mno data
Boris Drilo
Chief Technical & Information Officer and Member of Management Board3.33yrsKn1.63mno data
Ivan Bartulovic
Chief HR Officer & Member of Management Board1.17yrsKn2.53mno data
Elvis Kneževic
Investor Relations Managerno datano datano data
Sinisa Djuranovic
Chief Legal Advisor and SVP for Strategyno datano datano data
Jerko Dumanic
Director of Business Marketing Sectorno datano datano data
Jerko Basic
Head of Residential Technical Support Section2yrsno datano data
Marina Bengez-Sedmak
Secretaryno datano datano data

2.3yrs

Average Tenure

43yo

Average Age

Experienced Management: HT's management team is considered experienced (2.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Dolly Predovic
Independent Member of Supervisory Board6.08yrsKn186.13kno data
Eirini Nikolaidi
Member of Supervisory Board4.08yrsno datano data
Ivica Mišetic
Independent Deputy Chairman of Supervisory Board12yrsno datano data
Marc Stehle
Member of Supervisory Board4.42yrsno datano data
Vesna Mamic
Workers Representative Member of Supervisory Board4.33yrsKn154.78kno data
Jonathan Richard Talbot
Chairman of Supervisory Board3.08yrsno datano data
Éva Somorjai-Tamássy
Member of Supervisory Board3.08yrsno datano data
Tino Puch
Member of Supervisory Board2.08yrsno datano data
Davor Majetic
Independent Member of Supervisory Board1yrKn88.26kno data

4.1yrs

Average Tenure

50yo

Average Age

Experienced Board: HT's board of directors are considered experienced (4.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

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


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Hrvatski Telekom d.d.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Hrvatski Telekom d.d.
  • Ticker: HT
  • Exchange: ZGSE
  • Founded: 1998
  • Industry: Integrated Telecommunication Services
  • Sector: Telecom
  • Market Cap: Kn13.367b
  • Shares outstanding: 80.77m
  • Website: https://www.t.ht.hr

Number of Employees


Location

  • Hrvatski Telekom d.d.
  • Radnicka cesta 21
  • Zagreb
  • 10000
  • Croatia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HTZGSE (Zagreb Stock Exchange)YesOrdinary SharesHRHRKOct 2007

Biography

Hrvatski Telekom d.d., together with its subsidiaries, provides various telecommunications services to residential and corporate customers, small and medium sized businesses, and public sector customers in the Republic of Croatia and internationally. The company operates through Residential and Business segments. It offers mobile telecommunication services; and fixed telephony services, including fixed telephone lines access and network services. The company also provides Internet services, such as IPTV; data transmission services, which include lease of lines, metro-Ethernet, IP/MPLS, and ATM; and GSM and UMTS mobile telephone network services. In addition, it designs and constructs communications networks; and provides electricity and systems integration, and TV distribution services. The company was formerly known as HT – Hrvatske telekomunikacije d.d. and changed its name to Hrvatski Telekom d.d. in May 2010. The company was founded in 1998 and is based in Zagreb, the Republic of Croatia. Hrvatski Telekom d.d. is a subsidiary of Deutsche Telekom Europe B.V. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/24 19:34
End of Day Share Price2020/05/22 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.