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HFCK

HF GroupNASE:HFCK Stock Report

Market Cap

KSh1.4b

7D

-0.8%

1Y

-6.6%

Updated

25 Oct, 2021

Data

Company Financials
HFCK fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

HFCK Overview

HF Group Plc, through its subsidiaries, engages in the mortgage lending, banking, property development, and bancassurance businesses in Kenya.

Price History & Performance

Summary of all time highs, changes and price drops for HF Group
Historical stock prices
Current Share PriceKSh3.69
52 Week HighKSh2.86
52 Week LowKSh5.48
Beta0.34
1 Month Change-9.56%
3 Month Change-5.63%
1 Year Change-6.58%
3 Year Change-32.91%
5 Year Change-72.76%
Change since IPO-62.42%

Recent News & Updates

Shareholder Returns

HFCKKE MortgageKE Market
7D-0.8%0.4%-1.0%
1Y-6.6%13.2%28.4%

Return vs Industry: HFCK underperformed the KE Mortgage industry which returned 12.9% over the past year.

Return vs Market: HFCK underperformed the KE Market which returned 28.5% over the past year.

Price Volatility

Is HFCK's price volatile compared to industry and market?
HFCK volatility
HFCK Beta0.34
Industry Beta1.04
Market Beta1

Stable Share Price: HFCK is not significantly more volatile than the rest of KE stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: HFCK's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1965456Robert Kibaarahttps://www.hfgroup.co.ke

HF Group Plc, through its subsidiaries, engages in the mortgage lending, banking, property development, and bancassurance businesses in Kenya. The company operates through four segments: Retail Banking, Corporate Banking, Property Development, and Bancassurance. The Retail Banking segment accepts deposits from retail customers; and provides micro and personal loans, as well as sources residential mortgages for individual owner occupiers.

HF Group Fundamentals Summary

How do HF Group's earnings and revenue compare to its market cap?
HFCK fundamental statistics
Market CapKSh1.42b
Earnings (TTM)-KSh1.71b
Revenue (TTM)KSh1.97b

0.2x

P/B Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
HFCK income statement (TTM)
RevenueKSh1.97b
Cost of RevenueKSh0
Gross ProfitKSh1.97b
ExpensesKSh3.68b
Earnings-KSh1.71b

Last Reported Earnings

Dec 31, 2020

Next Earnings Date

n/a

Earnings per share (EPS)-4.44
Gross Margin100.00%
Net Profit Margin-86.48%
Debt/Equity Ratio43.0%

How did HFCK perform over the long term?

See historical performance and comparison

Valuation

Is HF Group undervalued compared to its fair value and its price relative to the market?

0.17x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate HFCK's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate HFCK's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: HFCK is unprofitable, so we can't compare its PE Ratio to the Global Mortgage industry average.

PE vs Market: HFCK is unprofitable, so we can't compare its PE Ratio to the KE market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: HFCK is good value based on its PB Ratio (0.2x) compared to the XF Mortgage industry average (1x).


Future Growth

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

3.1%

Forecasted Banks industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as HF Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has HF Group performed over the past 5 years?

-75.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HFCK is currently unprofitable.

Growing Profit Margin: HFCK is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: HFCK is unprofitable, and losses have increased over the past 5 years at a rate of 75.1% per year.

Accelerating Growth: Unable to compare HFCK's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: HFCK is unprofitable, making it difficult to compare its past year earnings growth to the Mortgage industry (30.5%).


Return on Equity

High ROE: HFCK has a negative Return on Equity (-19.94%), as it is currently unprofitable.


Financial Health

How is HF Group'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


Financial Institutions Analysis

Asset Level: HFCK's Assets to Equity ratio (6.5x) is low.

Allowance for Bad Loans: HFCK has a low allowance for bad loans (34%).

Low Risk Liabilities: 88% of HFCK's liabilities are made up of primarily low risk sources of funding.

Loan Level: HFCK has an appropriate level of Loans to Assets ratio (67%).

Low Risk Deposits: HFCK's Loans to Deposits ratio (90%) is appropriate.

Level of Bad Loans: HFCK has a high level of bad loans (26.6%).


Dividend

What is HF Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate HFCK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate HFCK's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if HFCK's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if HFCK's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: HFCK is not paying a notable dividend for the KE market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of HFCK's dividend in 3 years as they are not forecast to pay a notable one for the KE market.


Next Steps

Management

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

2.8yrs

Average management tenure


CEO

Robert Kibaara (48 yo)

2.83yrs

Tenure

KSh51,144,000

Compensation

Mr. Robert N. Kibaara has been Group Chief Executive Officer at HF Group Plc since December 19, 2018 and has been its Director since March 1, 2019. Mr. Kibaara was Director of Retail Banking at NIC Bank Li...


CEO Compensation Analysis

Compensation vs Market: Robert's total compensation ($USD460.01K) is above average for companies of similar size in the KE market ($USD235.11K).

Compensation vs Earnings: Robert's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: HFCK's management team is considered experienced (2.8 years average tenure).


Board Members

Experienced Board: HFCK's board of directors are considered experienced (5 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

HF Group Plc's employee growth, exchange listings and data sources


Key Information

  • Name: HF Group Plc
  • Ticker: HFCK
  • Exchange: NASE
  • Founded: 1965
  • Industry: Thrifts and Mortgage Finance
  • Sector: Banks
  • Market Cap: KSh1.419b
  • Shares outstanding: 384.61m
  • Website: https://www.hfgroup.co.ke

Number of Employees


Location

  • HF Group Plc
  • Rehani House
  • Plot No. LR 209/9054
  • Nairobi
  • 100
  • Kenya

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/25 16:47
End of Day Share Price2021/10/25 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.