OB:HUNT

Stock Analysis Report

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Executive Summary

Hunter Group ASA, an investment company, focuses primarily on shipping and oil services investments in Norway and internationally. More Details


Snowflake Analysis

Acceptable track record and slightly overvalued.

Share Price & News

How has Hunter Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

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

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


Market Performance


7 Day Return

2.9%

HUNT

7.7%

NO Oil and Gas

3.0%

NO Market


1 Year Return

-27.8%

HUNT

-16.9%

NO Oil and Gas

-1.9%

NO Market

Return vs Industry: HUNT underperformed the Norwegian Oil and Gas industry which returned -22% over the past year.

Return vs Market: HUNT underperformed the Norwegian Market which returned -4.1% over the past year.


Shareholder returns

HUNTIndustryMarket
7 Day2.9%7.7%3.0%
30 Day11.3%15.9%8.3%
90 Day0.3%5.3%6.8%
1 Year-27.8%-27.8%-12.6%-16.9%1.7%-1.9%
3 Year33.3%33.3%3.6%-9.4%9.5%-2.8%
5 Year-70.0%-70.0%44.7%15.4%54.5%23.8%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

5.07x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: HUNT (NOK3.6) is trading above our estimate of fair value (NOK3.11)

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


Price To Earnings Ratio

PE vs Industry: HUNT is good value based on its PE Ratio (5.1x) compared to the NO Oil and Gas industry average (5.6x).

PE vs Market: HUNT is good value based on its PE Ratio (5.1x) compared to the Norwegian market (15.1x).


Price to Earnings Growth Ratio

PEG Ratio: HUNT's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: HUNT is overvalued based on its PB Ratio (0.9x) compared to the NO Oil and Gas industry average (0.7x).


Next Steps

Future Growth

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

-27.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HUNT's earnings are forecast to decline over the next 3 years (-27.8% per year).

Earnings vs Market: HUNT's earnings are forecast to decline over the next 3 years (-27.8% per year).

High Growth Earnings: HUNT's earnings are forecast to decline over the next 3 years.

Revenue vs Market: HUNT's revenue is expected to decline over the next 3 years (-7.9% per year).

High Growth Revenue: HUNT's revenue is forecast to decline over the next 3 years (-7.9% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: HUNT's Return on Equity is forecast to be low in 3 years time (9.4%).


Next Steps

Past Performance

How has Hunter Group performed over the past 5 years?

66.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HUNT has a high level of non-cash earnings.

Growing Profit Margin: HUNT's current net profit margins (72.1%) are lower than last year .


Past Earnings Growth Analysis

Earnings Trend: HUNT has become profitable over the past 5 years, growing earnings by 66.1% per year.

Accelerating Growth: HUNT's earnings growth over the past year (1268.4%) exceeds its 5-year average (66.1% per year).

Earnings vs Industry: HUNT earnings growth over the past year (1268.4%) exceeded the Oil and Gas industry 118.4%.


Return on Equity

High ROE: HUNT's Return on Equity (18.7%) is considered low.


Next Steps

Financial Health

How is Hunter Group's financial position?


Financial Position Analysis

Short Term Liabilities: HUNT's short term assets ($34.0M) exceed its short term liabilities ($17.9M).

Long Term Liabilities: HUNT's short term assets ($34.0M) do not cover its long term liabilities ($269.4M).


Debt to Equity History and Analysis

Debt Level: HUNT's debt to equity ratio (117.4%) is considered high.

Reducing Debt: HUNT's debt to equity ratio has increased from 2.8% to 117.4% over the past 5 years.

Debt Coverage: HUNT's debt is not well covered by operating cash flow (13.2%).

Interest Coverage: HUNT's interest payments on its debt are well covered by EBIT (3.7x coverage).


Balance Sheet


Next Steps

Dividend

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

7.65%

Forecast Dividend Yield


Dividend Yield vs Market

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

High Dividend: Unable to evaluate HUNT'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 HUNT's dividends per share have been stable in the past.

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

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


Next Steps

Management

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

2.5yrs

Average management tenure


CEO

Erik A. Frydendal

2.67yrs

Tenure

US$181,228

Compensation

Mr. Erik A.S. Frydendal has been CEO of Hunter Group ASA since March 19, 2018 and served as its CFO until August 12, 2019. Mr. Frydendal has capital markets experience, most recently as a Partner in Fearnl...


CEO Compensation Analysis

Compensation vs Market: Erik A.'s total compensation ($USD181.23K) is below average for companies of similar size in the Norwegian market ($USD459.67K).

Compensation vs Earnings: Erik A.'s compensation has increased by more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Erik A. Frydendal
Chief Executive Officer2.67yrsUS$181.23kno data
Lars Brynildsrud
Chief Financial Officer1.25yrsUS$120.67k0.0027%
$ 55.5k
Sujoy Seal
Chief Operating Officer2.5yrsno data0.022%
$ 450.1k
Eirik Bergsvik
Senior Vice President of Business Developmentno datano datano data
Helge Hustoft
Chief Executive Officer of Dwellop ASno datano datano data

2.5yrs

Average Tenure

Experienced Management: HUNT's management team is considered experienced (2.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Henrik Christensen
Independent Chairman2.58yrsUS$17.08kno data
Kristin Hellebust
Independent Director2.58yrsUS$11.39kno data
Arne Fredly
Independent Director2.58yrsno data29.29%
$ 606.6m

2.6yrs

Average Tenure

56yo

Average Age

Experienced Board: HUNT's board of directors are not considered experienced ( 2.6 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: Insufficient data to determine if 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

Hunter Group ASA's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Hunter Group ASA
  • Ticker: HUNT
  • Exchange: OB
  • Founded: 2003
  • Industry: Oil and Gas Storage and Transportation
  • Sector: Energy
  • Market Cap: kr2.071b
  • Shares outstanding: 575.36m
  • Website: https://www.huntergroup.no

Number of Employees


Location

  • Hunter Group ASA
  • Dronningen 1
  • Oslo
  • Oslo
  • 287
  • Norway

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HUNTOB (Oslo Bors)YesOrdinary SharesNONOKJan 2006
0JI3LSE (London Stock Exchange)YesOrdinary SharesGBNOKJan 2006
HUNTOBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBNOKJan 2006
4BDDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 2006

Biography

Hunter Group ASA, an investment company, focuses primarily on shipping and oil services investments in Norway and internationally. The company develops VLCC construction contracts and options. Its fleet co...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/24 20:34
End of Day Share Price2020/11/24 00:00
Earnings2020/06/30
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.