| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 5/6 |
| Dividends | 2/6 |
HIFS Stock Overview
Hingham Institution for Savings provides various financial products and services to individuals and businesses in the United States.
Hingham Institution for Savings Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$277.30 |
| 52 Week High | US$432.19 |
| 52 Week Low | US$270.50 |
| Beta | 0.91 |
| 1 Month Change | -14.80% |
| 3 Month Change | -20.79% |
| 1 Year Change | -3.91% |
| 3 Year Change | 39.27% |
| 5 Year Change | 52.67% |
| Change since IPO | 8,016.10% |
Recent News & Updates
Shareholder Returns
| HIFS | US Mortgage | US Market | |
|---|---|---|---|
| 7D | 0.5% | 7.6% | 6.3% |
| 1Y | -3.9% | -37.1% | -18.8% |
Return vs Industry: HIFS exceeded the US Mortgage industry which returned -37.6% over the past year.
Return vs Market: HIFS exceeded the US Market which returned -18.4% over the past year.
Price Volatility
| HIFS volatility | |
|---|---|
| HIFS Average Weekly Movement | 4.6% |
| Mortgage Industry Average Movement | 3.7% |
| Market Average Movement | 8.1% |
| 10% most volatile stocks in US Market | 16.7% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: HIFS is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: HIFS's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1834 | 76 | Robert Gaughen | https://www.hinghamsavings.com |
Hingham Institution for Savings provides various financial products and services to individuals and businesses in the United States. It offers savings, checking, money market, demand deposit, and negotiable order of withdrawal accounts, as well as certificates of deposit. The company also provides commercial and residential real estate, construction, home equity, commercial, and consumer loans.
Hingham Institution for Savings Fundamentals Summary
| HIFS fundamental statistics | |
|---|---|
| Market Cap | US$604.90m |
| Earnings (TTM) | US$62.97m |
| Revenue (TTM) | US$110.06m |
9.4x
P/E Ratio1.6x
P/B RatioIs HIFS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| HIFS income statement (TTM) | |
|---|---|
| Revenue | US$110.06m |
| Cost of Revenue | US$0 |
| Gross Profit | US$110.06m |
| Other Expenses | US$47.08m |
| Earnings | US$62.97m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 29.35 |
| Gross Margin | 100.00% |
| Net Profit Margin | 57.22% |
| Debt/Equity Ratio | 236.8% |
How did HIFS perform over the long term?
See historical performance and comparisonDividends
1.1%
Current Dividend Yield7%
Payout RatioValuation
Is HIFS undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for HIFS?
Other financial metrics that can be useful for relative valuation.
| What is HIFS's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | US$604.90m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | n/a |
| Enterprise Value/EBITDA | n/a |
| PEG Ratio | n/a |
Price to Earnings Ratio vs Peers
How does HIFS's PE Ratio compare to its peers?
| HIFS PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 9.4x | ||
NFBK Northfield Bancorp (Staten Island NY) | 9.6x | -3.1% | US$634.7m |
LBC Luther Burbank | 7.3x | -6.5% | US$677.4m |
BWB Bridgewater Bancshares | 10.1x | 11.7% | US$456.6m |
NASB NASB Financial | 10.6x | n/a | US$407.4m |
HIFS Hingham Institution for Savings | 9.4x | n/a | US$594.9m |
Price-To-Earnings vs Peers: HIFS is expensive based on its Price-To-Earnings Ratio (9.4x) compared to the peer average (9.4x).
Price to Earnings Ratio vs Industry
How does HIFS's PE Ratio compare vs other companies in the US Mortgage Industry?
Price-To-Earnings vs Industry: HIFS is good value based on its Price-To-Earnings Ratio (9.4x) compared to the US Mortgage industry average (11.3x)
Price to Earnings Ratio vs Fair Ratio
What is HIFS's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 9.4x |
| Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate HIFS's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of HIFS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: HIFS ($277.3) is trading below our estimate of fair value ($345.91)
Significantly Below Fair Value: HIFS is trading below fair value, but not by a significant amount.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate HIFS's PEG Ratio to determine if it is good value.
Discover undervalued companies
Future Growth
How is Hingham Institution for Savings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
9.4%
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 Hingham Institution for Savings 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.
Discover growth companies
- Examine Hingham Institution for Savings's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
Past Performance
How has Hingham Institution for Savings performed over the past 5 years?
Past Performance Score
2/6Past Performance Score 2/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
23.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HIFS has high quality earnings.
Growing Profit Margin: HIFS's current net profit margins (57.2%) are lower than last year (58.7%).
Past Earnings Growth Analysis
Earnings Trend: HIFS's earnings have grown significantly by 23.2% per year over the past 5 years.
Accelerating Growth: HIFS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: HIFS had negative earnings growth (-3%) over the past year, making it difficult to compare to the Mortgage industry average (6.7%).
Return on Equity
High ROE: HIFS's Return on Equity (17.2%) is considered low.
Discover strong past performing companies
Financial Health
How is Hingham Institution for Savings's financial position? (This company is analysed differently as a bank or financial institution)
Financial Health Score
5/6Financial Health Score 5/6
Asset Level
Allowance for Bad Loans
Low Risk Liabilities
Loan Level
Low Risk Deposits
Level of Bad Loans
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: HIFS's Assets to Equity ratio (10x) is low.
Allowance for Bad Loans: HIFS has a sufficient allowance for bad loans (16607%).
Low Risk Liabilities: 73% of HIFS's liabilities are made up of primarily low risk sources of funding.
Loan Level: HIFS has an appropriate level of Loans to Assets ratio (87%).
Low Risk Deposits: HIFS's Loans to Deposits ratio (133%) is high.
Level of Bad Loans: HIFS has an appropriate level of bad loans (0%).
Discover healthy companies
Dividend
What is Hingham Institution for Savings's current dividend yield, its reliability and sustainability?
Dividend Score
2/6Dividend Score 2/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
1.09%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HIFS's dividend (1.09%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.57%).
High Dividend: HIFS's dividend (1.09%) is low compared to the top 25% of dividend payers in the US market (4.23%).
Stability and Growth of Payments
Stable Dividend: HIFS's dividend payments have been volatile in the past 10 years.
Growing Dividend: HIFS's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (7.3%), HIFS's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
4.2yrs
Average management tenure
CEO
Robert Gaughen (72 yo)
29.17yrs
Tenure
US$2,069,066
Compensation
Mr. Robert H. Gaughen Jr., Esq. has been the Chairman and Chief Executive Officer of Hingham Institution For Savings since April 29, 1993 and has been its Director since May 1991 and also served as its Pre...
CEO Compensation Analysis
Compensation vs Market: Robert's total compensation ($USD2.07M) is about average for companies of similar size in the US market ($USD2.83M).
Compensation vs Earnings: Robert's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: HIFS's management team is considered experienced (4.2 years average tenure).
Board Members
Experienced Board: HIFS's board of directors are seasoned and experienced ( 26.9 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: HIFS insiders have sold more shares than they have bought 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
Hingham Institution for Savings's employee growth, exchange listings and data sources
Key Information
- Name: Hingham Institution for Savings
- Ticker: HIFS
- Exchange: NasdaqGM
- Founded: 1834
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Implied Market Cap: US$604.896m
- Shares outstanding: 2.15m
- Website: https://www.hinghamsavings.com
Number of Employees
Location
- Hingham Institution for Savings
- 55 Main Street
- Hingham
- Massachusetts
- 2043
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/06/27 00:00 |
| End of Day Share Price | 2022/06/27 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2021/12/31 |
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.