Hillenbrand
Market Cap
US$2.0b
Last Updated
2020/02/21 01:09 UTC
Data Sources
Company Financials +
Executive Summary
Hillenbrand, Inc. operates as a diversified industrial company in the United States and internationally.
Rewards
Risk Analysis
Snowflake Analysis
Undervalued with reasonable growth potential and pays a dividend.
Similar Companies
Share Price & News
How has Hillenbrand's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HI has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-0.1%
HI
-0.4%
US Machinery
0.06%
US Market
1 Year Return
-41.1%
HI
9.7%
US Machinery
19.3%
US Market
Return vs Industry: HI underperformed the US Machinery industry which returned 9.7% over the past year.
Return vs Market: HI underperformed the US Market which returned 19.3% over the past year.
Shareholder returns
| HI | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.1% | -0.4% | 0.06% |
| 30 Day | -15.8% | -0.3% | 1.7% |
| 90 Day | -13.4% | 2.0% | 9.0% |
| 1 Year | -39.7%-41.1% | 11.8%9.7% | 21.8%19.3% |
| 3 Year | -22.4%-27.2% | 38.7%29.8% | 49.5%39.9% |
| 5 Year | -4.4%-14.9% | 63.7%44.3% | 73.1%54.1% |
Price Volatility Vs. Market
How volatile is Hillenbrand's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall St
Before You Buy Hillenbrand, Inc. (NYSE:HI), Consider Its Volatility2 weeks ago | Simply Wall St
Imagine Owning Hillenbrand (NYSE:HI) And Wondering If The 32% Share Price Slide Is Justified3 weeks ago | Simply Wall St
How Many Hillenbrand, Inc. (NYSE:HI) Shares Do Institutions Own?Valuation
Is Hillenbrand 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: HI ($26.98) is trading below our estimate of fair value ($59.43)
Significantly Below Fair Value: HI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HI is good value based on its PE Ratio (19.3x) compared to the Machinery industry average (21.4x).
PE vs Market: HI is poor value based on its PE Ratio (19.3x) compared to the US market (18.5x).
Price to Earnings Growth Ratio
PEG Ratio: HI is good value based on its PEG Ratio (0.4x)
Price to Book Ratio
PB vs Industry: HI is good value based on its PB Ratio (1.8x) compared to the US Machinery industry average (2.2x).
Next Steps
Future Growth
How is Hillenbrand forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
47.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HI's forecast earnings growth (47.6% per year) is above the savings rate (1.7%).
Earnings vs Market: HI's earnings (47.6% per year) are forecast to grow faster than the US market (14.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: HI's revenue (15.2% per year) is forecast to grow faster than the US market (7.6% per year).
High Growth Revenue: HI's revenue (15.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if HI's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Hillenbrand performed over the past 5 years?
-1.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HI has a large one-off loss of $92.7M impacting its December 31 2019 financial results.
Growing Profit Margin: HI's current net profit margins (4.6%) are lower than last year (4.9%).
Past Earnings Growth Analysis
Earnings Trend: HI's earnings have declined by -1% per year over the past 5 years.
Accelerating Growth: HI's earnings growth over the past year (3.7%) exceeds its 5-year average (-1% per year).
Earnings vs Industry: HI earnings growth over the past year (3.7%) exceeded the Machinery industry 2.4%.
Return on Equity
High ROE: HI's Return on Equity (8.4%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Hillenbrand's financial position?
Financial Position Analysis
Short Term Liabilities: HI's short term assets ($1.2B) exceed its short term liabilities ($879.8M).
Long Term Liabilities: HI's short term assets ($1.2B) do not cover its long term liabilities ($2.4B).
Debt to Equity History and Analysis
Debt Level: HI's debt to equity ratio (163%) is considered high.
Reducing Debt: HI's debt to equity ratio has increased from 104.7% to 163% over the past 5 years.
Debt Coverage: HI's debt is not well covered by operating cash flow (8.6%).
Interest Coverage: HI's interest payments on its debt are well covered by EBIT (6x coverage).
Balance Sheet
Inventory Level: HI has a high level of physical assets or inventory.
Debt Coverage by Assets: HI's debt is not covered by short term assets (assets are 0.7x debt).
Next Steps
Dividend
What is Hillenbrand's current dividend yield, its reliability and sustainability?
3.15%
Current Dividend Yield
Upcoming Dividend Payment
Purchase Hillenbrand before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: HI's dividend (3.15%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: HI's dividend (3.15%) is low compared to the top 25% of dividend payers in the US market (3.71%).
Stability and Growth of Payments
Stable Dividend: HI's dividends per share have been stable in the past 10 years.
Growing Dividend: HI's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (60.2%), HI's dividend payments are 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?
4.3yrs
Average management tenure
CEO
Joe Raver (53yo)
6.4yrs
Tenure
US$5,462,728
Compensation
Mr. Joe A. Raver has been the President and Chairman of Milacron Holdings Corp. since November 21, 2019. He has been the Chief Executive Officer and President of Hillenbrand, Inc., since September 6, 2013. ...
CEO Compensation Analysis
Compensation vs Market: Joe's total compensation ($USD5.46M) is above average for companies of similar size in the US market ($USD3.81M).
Compensation vs Earnings: Joe's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.4yrs | US$5.46m | 0.20% $4.0m | |
| Senior VP & CFO | 5.5yrs | US$2.01m | 0.061% $1.2m | |
| Senior Vice President of Strategy & Corporate Development | 1.7yrs | US$1.63m | 0.0037% $74.2k | |
| Senior Vice President | 8.8yrs | US$3.77m | 0.094% $1.9m | |
| Senior Vice President | 4.2yrs | US$1.36m | 0.047% $950.9k | |
| VP, Chief Accounting Officer & Controller | 0.3yrs | no data | 0.0040% $80.6k | |
| Chief Information Officer & VP | 2.8yrs | no data | no data | |
| Senior Director of Investor Relations | 0yrs | no data | no data | |
| VP, General Counsel | 4.3yrs | no data | 0.011% $230.0k | |
| Director of Corporate Communications | 4.7yrs | no data | no data |
4.3yrs
Average Tenure
47.5yo
Average Age
Experienced Management: HI's management team is considered experienced (4.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.4yrs | US$5.46m | 0.20% $4.0m | |
| Independent Chairman | 7yrs | US$277.83k | 0.027% $539.7k | |
| Independent Director | 10yrs | US$189.69k | no data | |
| Independent Director | 9.8yrs | US$179.98k | no data | |
| Independent Director | 8.5yrs | US$192.81k | 0.0020% $40.5k | |
| Independent Director | 11.4yrs | US$192.81k | no data | |
| Independent Director | 4.8yrs | US$180.31k | no data | |
| Independent Director | 7yrs | US$180.31k | no data | |
| Independent Director | 11.9yrs | US$180.31k | 0.0067% $134.9k | |
| Independent Director | 1.8yrs | US$180.23k | 1.02% $20.6m |
7.8yrs
Average Tenure
61yo
Average Age
Experienced Board: HI's board of directors are considered experienced (7.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: HI insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.1%.
Top Shareholders
Company Information
Hillenbrand, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Hillenbrand, Inc.
- Ticker: HI
- Exchange: NYSE
- Founded: 2007
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: US$2.016b
- Shares outstanding: 74.72m
- Website: https://www.hillenbrand.com
Number of Employees
Location
- Hillenbrand, Inc.
- 1 Batesville Boulevard
- Batesville
- Indiana
- 47006
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| HI | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Mar 2008 |
| 9HI | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Mar 2008 |
Biography
Hillenbrand, Inc. operates as a diversified industrial company in the United States and internationally. The company operates in two segments, Process Equipment Group and Batesville. The Process Equipment Group segment designs, engineers, manufactures, markets, and services process and material handling equipment and systems for various industries, including plastics, food and pharmaceuticals, chemicals, fertilizers, minerals and mining, energy, wastewater treatment, forest products, and other general industrials. The Batesville segment designs, manufactures, distributes, and sells funeral services products and solutions, such as burial caskets, cremation caskets, containers and urns, other personalization and memorialization products, and Web-based technology applications. Hillenbrand, Inc. was founded in 2007 and is headquartered in Batesville, Indiana.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/21 01:09 |
| End of Day Share Price | 2020/02/20 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/09/30 |
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.