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HURC

Hurco CompaniesNasdaqGS:HURC Stock Report

Market Cap

US$206.1m

7D

-1.5%

1Y

-2.7%

Updated

07 Dec, 2021

Data

Company Financials
HURC fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance1/6
Financial Health6/6
Dividends1/6

HURC Stock Overview

Hurco Companies, Inc., an industrial technology company, designs, manufactures, and sells computerized machine tools to companies in the metal cutting industry worldwide.

Hurco Companies Competitors

L.S. Starrett

NYSE:SCX

US$67.2m

DMG Mori

TSE:6141

JP¥240.9b

HYUNDAI WIA

KOSE:A011210

₩2.0t

Doosan

KOSE:A000150

₩1.9t

Price History & Performance

Summary of all time highs, changes and price drops for Hurco Companies
Historical stock prices
Current Share PriceUS$31.22
52 Week HighUS$38.83
52 Week LowUS$27.80
Beta0.51
1 Month Change-6.72%
3 Month Change-10.29%
1 Year Change-2.74%
3 Year Change-16.81%
5 Year Change-7.77%
Change since IPO66.51%

Recent News & Updates

Shareholder Returns

HURCUS MachineryUS Market
7D-1.5%-0.1%-2.6%
1Y-2.7%17.7%17.8%

Return vs Industry: HURC underperformed the US Machinery industry which returned 14.9% over the past year.

Return vs Market: HURC underperformed the US Market which returned 16.5% over the past year.

Price Volatility

Is HURC's price volatile compared to industry and market?
HURC volatility
HURC Average Weekly Movement3.6%
Machinery Industry Average Movement4.8%
Market Average Movement6.2%
10% most volatile stocks in US Market14.8%
10% least volatile stocks in US Market2.4%

Stable Share Price: HURC is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: HURC's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1968710Greg Volovichttps://www.hurco.com

Hurco Companies, Inc., an industrial technology company, designs, manufactures, and sells computerized machine tools to companies in the metal cutting industry worldwide. The company’s principal products include general-purpose computerized machine tools, including vertical machining centers and turning centers. It also provides computer control systems and related software for press brake applications.

Hurco Companies Fundamentals Summary

How do Hurco Companies's earnings and revenue compare to its market cap?
HURC fundamental statistics
Market CapUS$206.10m
Earnings (TTM)US$1.07m
Revenue (TTM)US$210.67m

193.3x

P/E Ratio

1.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
HURC income statement (TTM)
RevenueUS$210.67m
Cost of RevenueUS$161.84m
Gross ProfitUS$48.84m
ExpensesUS$47.77m
EarningsUS$1.07m

Last Reported Earnings

Jul 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.16
Gross Margin23.18%
Net Profit Margin0.50%
Debt/Equity Ratio0%

How did HURC perform over the long term?

See historical performance and comparison

Dividends

1.8%

Current Dividend Yield

334%

Payout Ratio

Does HURC pay a reliable dividends?

See HURC dividend history and benchmarks
When do you need to buy HURC by to receive an upcoming dividend?
Hurco Companies dividend dates
Ex Dividend DateDec 31 2021
Dividend Pay DateJan 17 2022
Days until Ex dividend24 days
Days until Dividend pay date41 days

Does HURC pay a reliable dividends?

See HURC dividend history and benchmarks

Valuation

Is Hurco Companies undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: HURC ($31.22) is trading below our estimate of fair value ($993.07)

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


Price To Earnings Ratio

PE vs Industry: HURC is poor value based on its PE Ratio (193.3x) compared to the US Machinery industry average (29.5x).

PE vs Market: HURC is poor value based on its PE Ratio (193.3x) compared to the US market (16.8x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: HURC is good value based on its PB Ratio (0.9x) compared to the US Machinery industry average (2.8x).


Future Growth

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

13.3%

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 Hurco Companies 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 Hurco Companies performed over the past 5 years?

-25.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HURC has a large one-off loss of $4.9M impacting its July 31 2021 financial results.

Growing Profit Margin: HURC became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: HURC's earnings have declined by 25.9% per year over the past 5 years.

Accelerating Growth: HURC has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: HURC has become profitable in the last year, making it difficult to compare its past year earnings growth to the Machinery industry (32%).


Return on Equity

High ROE: HURC's Return on Equity (0.5%) is considered low.


Financial Health

How is Hurco Companies's financial position?


Financial Position Analysis

Short Term Liabilities: HURC's short term assets ($276.3M) exceed its short term liabilities ($69.0M).

Long Term Liabilities: HURC's short term assets ($276.3M) exceed its long term liabilities ($13.8M).


Debt to Equity History and Analysis

Debt Level: HURC is debt free.

Reducing Debt: HURC has no debt compared to 5 years ago when its debt to equity ratio was 0.8%.

Debt Coverage: HURC has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: HURC has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Hurco Companies's current dividend yield, its reliability and sustainability?

1.79%

Current Dividend Yield


Upcoming Dividend Payment

TodayDec 07 2021Ex Dividend DateDec 31 2021Dividend Pay DateJan 17 202217 days from Ex DividendBuy in the next 24 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: HURC's dividend (1.79%) is higher than the bottom 25% of dividend payers in the US market (1.35%).

High Dividend: HURC's dividend (1.79%) is low compared to the top 25% of dividend payers in the US market (3.62%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, HURC has been paying a dividend for less than 10 years.

Growing Dividend: HURC's dividend payments have increased, but the company has only paid a dividend for 8 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (333.5%), HURC's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

5.3yrs

Average management tenure


CEO

Greg Volovic (56 yo)

8.75yrs

Tenure

US$1,349,468

Compensation

Mr. Gregory S. Volovic, also known as Greg, serves as Chief Executive Officer at Hurco Companies Inc. since March 12, 2021. Mr. Volovic serves as President of Hurco Companies Inc. since March 14, 2013 and...


CEO Compensation Analysis

Compensation vs Market: Greg's total compensation ($USD1.35M) is about average for companies of similar size in the US market ($USD1.16M).

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


Leadership Team

Experienced Management: HURC's management team is seasoned and experienced (5.3 years average tenure).


Board Members

Experienced Board: HURC's board of directors are considered experienced (6.8 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Hurco Companies, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Hurco Companies, Inc.
  • Ticker: HURC
  • Exchange: NasdaqGS
  • Founded: 1968
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: US$206.096m
  • Shares outstanding: 6.60m
  • Website: https://www.hurco.com

Number of Employees


Location

  • Hurco Companies, Inc.
  • One Technology Way
  • Indianapolis
  • Indiana
  • 46268
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/12/07 00:18
End of Day Share Price2021/12/06 00:00
Earnings2021/07/31
Annual Earnings2020/10/31


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.