Snowflake Score | |
---|---|
Valuation | 2/6 |
Future Growth | 0/6 |
Past Performance | 1/6 |
Financial Health | 6/6 |
Dividends | 2/6 |
HIHO Stock Overview
Highway Holdings Limited, together with its subsidiaries, manufactures and supplies metal, plastic, electric, and electronic components, subassemblies, and finished products for original equipment manufacturers (OEMs) and contract manufacturers.
Highway Holdings Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | US$2.30 |
52 Week High | US$5.07 |
52 Week Low | US$1.95 |
Beta | 0.48 |
1 Month Change | 14.14% |
3 Month Change | -20.96% |
1 Year Change | -43.07% |
3 Year Change | -18.09% |
5 Year Change | -33.33% |
Change since IPO | -55.12% |
Recent News & Updates
Highway Holdings (NASDAQ:HIHO) Has Some Difficulty Using Its Capital Effectively
When researching a stock for investment, what can tell us that the company is in decline? When we see a declining...
Shareholder Returns
HIHO | US Machinery | US Market | |
---|---|---|---|
7D | -2.5% | 1.5% | 6.6% |
1Y | -43.1% | -20.1% | -18.4% |
Return vs Industry: HIHO underperformed the US Machinery industry which returned -20.6% over the past year.
Return vs Market: HIHO underperformed the US Market which returned -18.5% over the past year.
Price Volatility
HIHO volatility | |
---|---|
HIHO Average Weekly Movement | 7.0% |
Machinery Industry Average Movement | 6.1% |
Market Average Movement | 8.1% |
10% most volatile stocks in US Market | 16.6% |
10% least volatile stocks in US Market | 3.2% |
Stable Share Price: HIHO is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: HIHO's weekly volatility (7%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
1990 | n/a | Roland Walter Kohl | https://www.highwayholdings.com |
Highway Holdings Limited, together with its subsidiaries, manufactures and supplies metal, plastic, electric, and electronic components, subassemblies, and finished products for original equipment manufacturers (OEMs) and contract manufacturers. It operates through two segments: Metal Stamping and Mechanical OEM; and Electric OEM. The company also trades in plastic injection products; and manufactures and assembles automation equipment.
Highway Holdings Fundamentals Summary
HIHO fundamental statistics | |
---|---|
Market Cap | US$9.28m |
Earnings (TTM) | US$261.00k |
Revenue (TTM) | US$11.21m |
35.6x
P/E Ratio0.8x
P/S RatioIs HIHO overvalued?
See Fair Value and valuation analysisEarnings & Revenue
HIHO income statement (TTM) | |
---|---|
Revenue | US$11.21m |
Cost of Revenue | US$7.94m |
Gross Profit | US$3.27m |
Other Expenses | US$3.01m |
Earnings | US$261.00k |
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
n/a
Earnings per share (EPS) | 0.065 |
Gross Margin | 29.17% |
Net Profit Margin | 2.33% |
Debt/Equity Ratio | 0% |
How did HIHO perform over the long term?
See historical performance and comparisonDividends
7.8%
Current Dividend Yield217%
Payout RatioValuation
Is HIHO 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 HIHO?
Other financial metrics that can be useful for relative valuation.
What is HIHO's n/a Ratio? | |
---|---|
n/a Ratio | 0x |
n/a | n/a |
Market Cap | US$9.28m |
Key Statistics | |
---|---|
Enterprise Value/Revenue | 0.4x |
Enterprise Value/EBITDA | 16.3x |
PEG Ratio | n/a |
Price to Earnings Ratio vs Peers
How does HIHO's PE Ratio compare to its peers?
HIHO PE Ratio vs Peers |
---|
Company | PE | Estimated Growth | Market Cap |
---|---|---|---|
Peer Average | 18.8x |
Price-To-Earnings vs Peers: HIHO is expensive based on its Price-To-Earnings Ratio (35.6x) compared to the peer average (18.8x).
Price to Earnings Ratio vs Industry
How does HIHO's PE Ratio compare vs other companies in the U.S. Machinery Industry?
Price-To-Earnings vs Industry: HIHO is expensive based on its Price-To-Earnings Ratio (35.6x) compared to the US Machinery industry average (21.7x)
Price to Earnings Ratio vs Fair Ratio
What is HIHO'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 | 35.6x |
Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate HIHO's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of HIHO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: HIHO ($2.3) is trading below our estimate of fair value ($3.17)
Significantly Below Fair Value: HIHO is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate HIHO's PEG Ratio to determine if it is good value.
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Future Growth
How is Highway Holdings 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
13.0%
Forecasted Capital Goods 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 Highway Holdings 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.
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- Examine Highway Holdings'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 Highway Holdings performed over the past 5 years?
Past Performance Score
1/6Past Performance Score 1/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-24.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HIHO has high quality earnings.
Growing Profit Margin: HIHO's current net profit margins (2.3%) are lower than last year (6.4%).
Past Earnings Growth Analysis
Earnings Trend: HIHO's earnings have declined by 24.2% per year over the past 5 years.
Accelerating Growth: HIHO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: HIHO had negative earnings growth (-60%) over the past year, making it difficult to compare to the Machinery industry average (24%).
Return on Equity
High ROE: HIHO's Return on Equity (2.9%) is considered low.
Discover strong past performing companies
Financial Health
How is Highway Holdings's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: HIHO's short term assets ($12.0M) exceed its short term liabilities ($4.2M).
Long Term Liabilities: HIHO's short term assets ($12.0M) exceed its long term liabilities ($969.0K).
Debt to Equity History and Analysis
Debt Level: HIHO is debt free.
Reducing Debt: HIHO has not had any debt for past 5 years.
Debt Coverage: HIHO has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: HIHO has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Dividend
What is Highway Holdings'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
7.83%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HIHO's dividend (7.83%) is higher than the bottom 25% of dividend payers in the US market (1.57%).
High Dividend: HIHO's dividend (7.83%) is in the top 25% of dividend payers in the US market (4.24%)
Stability and Growth of Payments
Stable Dividend: HIHO's dividend payments have been volatile in the past 10 years.
Growing Dividend: HIHO's dividend payments have fallen over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (217%), HIHO's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate cash payout ratio to determine if its dividend payments are covered by cash flows.
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Management
How experienced are the management team and are they aligned to shareholders interests?
11.8yrs
Average management tenure
CEO
Roland Walter Kohl (72 yo)
32.42yrs
Tenure
Mr. Roland Walter Kohl founded Highway Holdings Limited and has been its Chief Executive Officer since its inception in 1990. Mr. Kohl serves as Chairman of the Board and President of Highway Holdings Limi...
Leadership Team
Experienced Management: HIHO's management team is seasoned and experienced (11.8 years average tenure).
Board Members
Experienced Board: HIHO's board of directors are seasoned and experienced ( 16.9 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
Highway Holdings Limited's employee growth, exchange listings and data sources
Key Information
- Name: Highway Holdings Limited
- Ticker: HIHO
- Exchange: NasdaqCM
- Founded: 1990
- Industry: Industrial Machinery
- Sector: Capital Goods
- Implied Market Cap: US$9.285m
- Shares outstanding: 4.04m
- Website: https://www.highwayholdings.com
Location
- Highway Holdings Limited
- Landmark North
- Suite 1801
- Sheung Shui
- New Territories
- Hong Kong
Listings
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2022/06/26 00:00 |
End of Day Share Price | 2022/06/24 00:00 |
Earnings | 2021/12/31 |
Annual Earnings | 2021/03/31 |
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.