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Market Cap

kr3.0b

Last Updated

2021/04/12 19:20 UTC

Data Sources

Company Financials +

Executive Summary

Hoist Finance AB (publ), a credit market company, engages in the loan acquisition and management operations in Europe. More Details


Snowflake Analysis

Reasonable growth potential and fair value.


Similar Companies

Share Price & News

How has Hoist Finance's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: HOFI is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: HOFI's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

-5.0%

HOFI

6.3%

SE Consumer Finance

2.8%

SE Market


1 Year Return

22.7%

HOFI

56.7%

SE Consumer Finance

58.8%

SE Market

Return vs Industry: HOFI underperformed the Swedish Consumer Finance industry which returned 56.7% over the past year.

Return vs Market: HOFI underperformed the Swedish Market which returned 58.8% over the past year.


Shareholder returns

HOFIIndustryMarket
7 Day-5.0%6.3%2.8%
30 Day-21.7%8.3%4.6%
90 Day-3.5%16.8%14.7%
1 Year22.7%22.7%59.6%56.7%63.5%58.8%
3 Year-53.9%-55.1%-14.8%-20.7%74.9%54.5%
5 Year-55.1%-57.4%-29.2%-46.7%103.9%62.2%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Hoist Finance undervalued compared to its fair value and its price relative to the market?

34.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: HOFI (SEK33.88) is trading below our estimate of fair value (SEK51.44)

Significantly Below Fair Value: HOFI is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: HOFI is unprofitable, so we can't compare its PE Ratio to the XE Consumer Finance industry average.

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


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: HOFI is good value based on its PB Ratio (0.6x) compared to the XE Consumer Finance industry average (1.2x).


Future Growth

How is Hoist Finance forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

65.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HOFI is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.4%).

Earnings vs Market: HOFI is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: HOFI's is expected to become profitable in the next 3 years.

Revenue vs Market: HOFI's revenue (15.1% per year) is forecast to grow faster than the Swedish market (3.5% per year).

High Growth Revenue: HOFI's revenue (15.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: HOFI's Return on Equity is forecast to be low in 3 years time (15%).


Past Performance

How has Hoist Finance performed over the past 5 years?

-7.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HOFI is currently unprofitable.

Growing Profit Margin: HOFI is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: HOFI is unprofitable, and losses have increased over the past 5 years at a rate of 7.4% per year.

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

Earnings vs Industry: HOFI is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Finance industry (-23.7%).


Return on Equity

High ROE: HOFI has a negative Return on Equity (0.79%), as it is currently unprofitable.


Financial Health

How is Hoist Finance's financial position?


Financial Position Analysis

Short Term Liabilities: HOFI's short term assets (SEK24.5B) exceed its short term liabilities (SEK20.8B).

Long Term Liabilities: HOFI's short term assets (SEK24.5B) exceed its long term liabilities (SEK5.9B).


Debt to Equity History and Analysis

Debt Level: HOFI's debt to equity ratio (140%) is considered high.

Reducing Debt: HOFI's debt to equity ratio has increased from 68.6% to 140% over the past 5 years.

Debt Coverage: HOFI's debt is well covered by operating cash flow (67.3%).

Interest Coverage: Insufficient data to determine if HOFI's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is Hoist Finance current dividend yield, its reliability and sustainability?

4.38%

Forecast Dividend Yield


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: HOFI is not paying a notable dividend for the Swedish market.


Future Payout to Shareholders

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


Next Steps

Management

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

2.4yrs

Average management tenure


CEO

Klaus-Anders Nysteen (54 yo)

3.08yrs

Tenure

kr7,474,000

Compensation

Mr. Klaus-Anders Nysteen serves as Chairman at Bank Norwegian AS since May 29, 2020. He has been Chairman of the Board for Norwegian Finans Holding ASA since April 29, 2020. He serves as Director at Bank N...


CEO Compensation Analysis

Compensation vs Market: Klaus-Anders's total compensation ($USD873.91K) is above average for companies of similar size in the Swedish market ($USD485.83K).

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


Leadership Team

Experienced Management: HOFI's management team is considered experienced (2.4 years average tenure).


Board Members

Experienced Board: HOFI's board of directors are considered experienced (4 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: HOFI 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

Hoist Finance AB (publ)'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Hoist Finance AB (publ)
  • Ticker: HOFI
  • Exchange: OM
  • Founded: 1994
  • Industry: Consumer Finance
  • Sector: Diversified Financials
  • Market Cap: kr2.999b
  • Shares outstanding: 89.30m
  • Website: https://www.hoistfinance.com

Number of Employees


Location

  • Hoist Finance AB (publ)
  • Bryggargatan 4
  • Stockholm
  • Stockholm County
  • 111 21
  • Sweden

Listings


Biography

Hoist Finance AB (publ), a credit market company, engages in the loan acquisition and management operations in Europe. It purchases performing and non-performing loans from its partners, international bank...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/12 19:20
End of Day Share Price2021/04/12 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.