Loading...

Hudson Technologies

Nasdaq:HDSN
Snowflake Description

Adequate balance sheet with reasonable growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
HDSN
Nasdaq
$86M
Market Cap
  1. Home
  2. US
  3. Commercial Services
Company description

Hudson Technologies Inc. operates as a refrigerant services company in the United States and internationally. The last earnings update was 18 days ago. More info.


Add to Portfolio Compare Print
  • Hudson Technologies has significant price volatility in the past 3 months.
HDSN Share Price and Events
7 Day Returns
2%
NasdaqCM:HDSN
0.1%
US Commercial Services
-0.7%
US Market
1 Year Returns
-11.7%
NasdaqCM:HDSN
12.2%
US Commercial Services
3%
US Market
HDSN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Hudson Technologies (HDSN) 2% 31.8% 66.4% -11.7% -40.1% -25.9%
US Commercial Services 0.1% 0.7% 4.9% 12.2% 53.4% 73.8%
US Market -0.7% -2% 2.4% 3% 39.2% 42%
1 Year Return vs Industry and Market
  • HDSN underperformed the Commercial Services industry which returned 12.2% over the past year.
  • HDSN underperformed the Market in United States of America which returned 3% over the past year.
Price Volatility
HDSN
Industry
5yr Volatility vs Market

Value

 Is Hudson Technologies undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Hudson Technologies to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Hudson Technologies.

NasdaqCM:HDSN Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 3 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 11.2%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqCM:HDSN
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Commercial Services Unlevered Beta Simply Wall St/ S&P Global 0.72
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.718 (1 + (1- 21%) (160.3%))
1.421
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.42
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.421 * 5.96%)
11.2%

Discounted Cash Flow Calculation for NasdaqCM:HDSN using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Hudson Technologies is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NasdaqCM:HDSN DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 11.2%)
2019 18.00 Analyst x1 16.19
2020 17.88 Est @ -0.64% 14.46
2021 17.95 Est @ 0.37% 13.06
2022 18.14 Est @ 1.08% 11.87
2023 18.43 Est @ 1.57% 10.84
2024 18.78 Est @ 1.92% 9.94
2025 19.19 Est @ 2.16% 9.13
2026 19.64 Est @ 2.33% 8.40
2027 20.12 Est @ 2.45% 7.74
2028 20.63 Est @ 2.54% 7.14
Present value of next 10 years cash flows $108.76
NasdaqCM:HDSN DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $20.63 × (1 + 2.73%) ÷ (11.2% – 2.73%)
$250.28
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $250.28 ÷ (1 + 11.2%)10
$86.58
NasdaqCM:HDSN Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $108.76 + $86.58
$195.34
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $195.34 / 42.60
$4.59
NasdaqCM:HDSN Discount to Share Price
Calculation Result
Value per share (USD) From above. $4.59
Current discount Discount to share price of $2.03
= -1 x ($2.03 - $4.59) / $4.59
55.7%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Hudson Technologies is available for.
Intrinsic value
>50%
Share price is $2.03 vs Future cash flow value of $4.59
Current Discount Checks
For Hudson Technologies to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Hudson Technologies's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Hudson Technologies's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Hudson Technologies's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Hudson Technologies's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:HDSN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $-1.33
NasdaqCM:HDSN Share Price ** NasdaqCM (2019-05-17) in USD $2.03
United States of America Commercial Services Industry PE Ratio Median Figure of 50 Publicly-Listed Commercial Services Companies 22.86x
United States of America Market PE Ratio Median Figure of 3,088 Publicly-Listed Companies 17.89x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Hudson Technologies.

NasdaqCM:HDSN PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:HDSN Share Price ÷ EPS (both in USD)

= 2.03 ÷ -1.33

-1.52x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Hudson Technologies is loss making, we can't compare its value to the US Commercial Services industry average.
  • Hudson Technologies is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Hudson Technologies's expected growth come at a high price?
Raw Data
NasdaqCM:HDSN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.52x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
127.9%per year
United States of America Commercial Services Industry PEG Ratio Median Figure of 34 Publicly-Listed Commercial Services Companies 1.79x
United States of America Market PEG Ratio Median Figure of 2,117 Publicly-Listed Companies 1.56x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Hudson Technologies, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Hudson Technologies's assets?
Raw Data
NasdaqCM:HDSN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $1.54
NasdaqCM:HDSN Share Price * NasdaqCM (2019-05-17) in USD $2.03
United States of America Commercial Services Industry PB Ratio Median Figure of 88 Publicly-Listed Commercial Services Companies 1.9x
United States of America Market PB Ratio Median Figure of 5,195 Publicly-Listed Companies 1.83x
NasdaqCM:HDSN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:HDSN Share Price ÷ Book Value per Share (both in USD)

= 2.03 ÷ 1.54

1.32x

* Primary Listing of Hudson Technologies.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Hudson Technologies is good value based on assets compared to the US Commercial Services industry average.
X
Value checks
We assess Hudson Technologies's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Commercial Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Commercial Services industry average (and greater than 0)? (1 check)
  5. Hudson Technologies has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Hudson Technologies expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
127.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Hudson Technologies expected to grow at an attractive rate?
  • Hudson Technologies's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Hudson Technologies's earnings growth is expected to exceed the United States of America market average.
  • Hudson Technologies's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:HDSN Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqCM:HDSN Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts 127.9%
NasdaqCM:HDSN Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts 13.3%
United States of America Commercial Services Industry Earnings Growth Rate Market Cap Weighted Average 15.2%
United States of America Commercial Services Industry Revenue Growth Rate Market Cap Weighted Average 5.3%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.9%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqCM:HDSN Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqCM:HDSN Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 202 5 2
2019-12-31 180 20 -4 3
NasdaqCM:HDSN Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 159 25 -57
2018-12-31 167 36 -56
2018-09-30 165 42 -53
2018-06-30 150 26 -37
2018-03-31 144 21 2
2017-12-31 140 18 11
2017-09-30 124 14 14
2017-06-30 134 14 17
2017-03-31 116 22 13
2016-12-31 105 9 11
2016-09-30 105 2 12
2016-06-30 92 -14 8

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Hudson Technologies's earnings are expected to grow significantly at over 20% yearly.
  • Hudson Technologies's revenue is expected to grow by 13.3% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqCM:HDSN Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below

All data from Hudson Technologies Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:HDSN Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 0.11 0.15 0.07 2.00
2019-12-31 -0.10 -0.09 -0.10 3.00
NasdaqCM:HDSN Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 -1.33
2018-12-31 -1.31
2018-09-30 -1.25
2018-06-30 -0.87
2018-03-31 0.06
2017-12-31 0.27
2017-09-30 0.36
2017-06-30 0.45
2017-03-31 0.37
2016-12-31 0.31
2016-09-30 0.35
2016-06-30 0.24

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Hudson Technologies will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Hudson Technologies's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Hudson Technologies has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Hudson Technologies performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Hudson Technologies's growth in the last year to its industry (Commercial Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Hudson Technologies does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Hudson Technologies's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Hudson Technologies's 1-year growth to the US Commercial Services industry average as it is not currently profitable.
Earnings and Revenue History
Hudson Technologies's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Hudson Technologies Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:HDSN Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 158.76 -56.64 25.02
2018-12-31 166.53 -55.66 26.17
2018-09-30 165.42 -52.76 27.26
2018-06-30 149.58 -36.77 25.28
2018-03-31 143.98 2.37 19.67
2017-12-31 140.38 11.16 15.45
2017-09-30 123.55 14.44 10.57
2017-06-30 133.77 17.12 11.75
2017-03-31 116.14 13.43 12.10
2016-12-31 105.48 10.64 11.65
2016-09-30 105.00 11.54 11.63
2016-06-30 91.75 7.83 10.45
2016-03-31 85.79 5.81 10.56
2015-12-31 79.72 4.76 9.80
2015-09-30 80.48 4.71 9.95
2015-06-30 74.09 3.52 9.09
2015-03-31 62.33 1.01 8.18
2014-12-31 55.81 -0.72 7.43
2014-09-30 52.57 -1.17 7.06
2014-06-30 52.45 -10.18 7.28
2014-03-31 51.34 -10.15 7.50
2013-12-31 58.63 -5.84 7.76
2013-09-30 58.69 -1.35 7.86
2013-06-30 57.99 9.96 7.68
2013-03-31 64.47 14.76 7.67
2012-12-31 56.45 12.80 7.66
2012-09-30 55.44 9.12 6.97
2012-06-30 52.90 6.81 6.79

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Hudson Technologies has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Hudson Technologies has efficiently used its assets last year compared to the US Commercial Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Hudson Technologies improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Hudson Technologies's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Commercial Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Hudson Technologies has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Hudson Technologies's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Hudson Technologies's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Hudson Technologies is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Hudson Technologies's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Hudson Technologies's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.9x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Hudson Technologies Company Filings, last reported 1 month ago.

NasdaqCM:HDSN Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 65.55 138.63 1.17
2018-12-31 69.21 129.95 2.27
2018-09-30 76.55 129.79 1.38
2018-06-30 90.01 156.97 2.33
2018-03-31 120.44 154.14 0.98
2017-12-31 123.45 167.36 5.00
2017-09-30 127.89 0.18 43.99
2017-06-30 126.63 0.20 33.67
2017-03-31 118.02 0.27 40.16
2016-12-31 112.02 0.35 33.93
2016-09-30 65.22 19.43 3.98
2016-06-30 57.83 30.06 1.54
2016-03-31 52.66 30.35 1.17
2015-12-31 49.43 24.87 1.26
2015-09-30 50.33 19.36 1.04
2015-06-30 49.10 14.73 1.48
2015-03-31 46.04 13.48 0.46
2014-12-31 44.00 10.71 0.94
2014-09-30 44.11 0.73 1.17
2014-06-30 44.21 0.81 1.89
2014-03-31 28.28 18.84 2.49
2013-12-31 28.09 20.04 0.67
2013-09-30 29.55 22.82 3.94
2013-06-30 38.64 29.30 2.37
2013-03-31 37.81 22.08 1.44
2012-12-31 32.70 17.66 3.99
2012-09-30 29.10 13.52 3.44
2012-06-30 26.80 10.51 4.01
  • Hudson Technologies's level of debt (211.5%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (65.5% vs 211.5% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Whilst loss making Hudson Technologies has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Hudson Technologies has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by % per year.
X
Financial health checks
We assess Hudson Technologies's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Hudson Technologies has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Hudson Technologies's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Hudson Technologies dividends.
If you bought $2,000 of Hudson Technologies shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Hudson Technologies's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Hudson Technologies's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqCM:HDSN Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
United States of America Commercial Services Industry Average Dividend Yield Market Cap Weighted Average of 40 Stocks 1.7%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2000 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqCM:HDSN Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-12-31
2019-12-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Hudson Technologies has not reported any payouts.
  • Unable to verify if Hudson Technologies's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Hudson Technologies's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Hudson Technologies has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Hudson Technologies's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Hudson Technologies afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Hudson Technologies has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Hudson Technologies's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Kevin Zugibe
COMPENSATION $960,811
AGE 54
TENURE AS CEO 28.3 years
CEO Bio

Mr. Kevin J. Zugibe, P.E., is Founder of Hudson Technologies Inc. and has been its Chairman and Chief Executive Officer since 1991. Mr. Zugibe served as the President of Hudson Technologies Inc. from July 1999 to August 2001. Since May 1994, Mr. Zugibe has devoted his full business time to Hudson Technologies Inc.'s affairs. From May 1987 to May 1994, Mr. Zugibe was employed as a power engineer with Orange and Rockland Utilities, Inc., a major public utility, where he was responsible for all HVAC applications. He is a licensed professional engineer and from December 1990 to May 1994, he was a member of Kevin J. Zugibe & Associates, a professional engineering firm.

CEO Compensation
  • Kevin's compensation has been consistent with company performance over the past year.
  • Kevin's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Hudson Technologies management team in years:

17.8
Average Tenure
55
Average Age
  • The average tenure for the Hudson Technologies management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Kevin Zugibe

TITLE
Founder
COMPENSATION
$961K
AGE
54
TENURE
28.3 yrs

Brian Coleman

TITLE
President
COMPENSATION
$785K
AGE
56
TENURE
17.8 yrs

Nat Krishnamurti

TITLE
VP & CFO
COMPENSATION
$465K
AGE
46
TENURE
2.7 yrs

Stephen Mandracchia

TITLE
Founder
COMPENSATION
$483K
AGE
58

Riyaz Papar

TITLE
Director of Global Energy Services
Board of Directors Tenure

Average tenure and age of the Hudson Technologies board of directors in years:

23.1
Average Tenure
65
Average Age
  • The average tenure for the Hudson Technologies board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Kevin Zugibe

TITLE
Founder
COMPENSATION
$961K
AGE
54
TENURE
28.3 yrs

Brian Coleman

TITLE
President
COMPENSATION
$785K
AGE
56
TENURE
11.4 yrs

Vincent Abbatecola

TITLE
Independent Director
COMPENSATION
$56K
AGE
72
TENURE
24.9 yrs

Dominic Monetta

TITLE
Independent Director
COMPENSATION
$56K
AGE
77
TENURE
23.1 yrs

Otto Morch

TITLE
Independent Director
COMPENSATION
$56K
AGE
84
TENURE
23.2 yrs

Eric Proudy

TITLE
Director
COMPENSATION
$95K
AGE
48
TENURE
4.7 yrs

Richard Parrillo

TITLE
Independent Director
COMPENSATION
$51K
AGE
65
TENURE
4.7 yrs
Who owns this company?
Recent Insider Trading
  • Hudson Technologies insiders have sold more shares than they have bought in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
15. May 19 Sell Dominic Monetta Individual 14. May 19 14. May 19 -5,801 $1.96 $-11,370
13. May 19 Sell Dominic Monetta Individual 09. May 19 09. May 19 -5,000 $1.90 $-9,500
09. May 19 Buy Eric Proudy Individual 08. May 19 08. May 19 5,000 $1.89 $9,450
12. Dec 18 Buy Eric Proudy Individual 12. Dec 18 12. Dec 18 5,000 $1.64 $8,200
16. Aug 18 Buy Eric Proudy Individual 15. Aug 18 15. Aug 18 5,000 $1.81 $9,050
31. May 18 Buy Richard Parrillo Individual 30. May 18 30. May 18 25,000 $2.33 $56,860
24. May 18 Buy Kevin Zugibe Individual 23. May 18 23. May 18 20,000 $2.13 $42,263
24. May 18 Buy Eric Proudy Individual 24. May 18 24. May 18 5,000 $2.33 $11,650
X
Management checks
We assess Hudson Technologies's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Hudson Technologies has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Should You Have Hudson Technologies Inc's (NASDAQ:HDSN) In Your Portfolio?

The other type of risk, which cannot be diversified away, is market risk. … Every stock in the market is exposed to this risk, which arises from macroeconomic factors such as economic growth and geo-political tussles just to name a few. … A widely-used metric to measure a stock's market risk is beta, and the broad market index represents a beta value of one.

Simply Wall St -

Does Hudson Technologies Inc's (NASDAQ:HDSN) PE Ratio Signal A Selling Opportunity?

and want to start learning about core concepts of fundamental analysis on practical examples from today's market. … Although some investors may jump to the conclusion that you should avoid the stock or sell if you own it, understanding the assumptions behind the P/E ratio might change your mind. … View our latest analysis for Hudson Technologies

Simply Wall St -

Why Hudson Technologies Inc (NASDAQ:HDSN) Could Be A Buy

Hudson Technologies Inc (NASDAQ:HDSN), a commercial services company based in United States,. … A question to answer is whether Hudson Technologies's current trading price of $2.1 reflective of the actual value of the? … Let’s take a look at Hudson Technologies’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change

Simply Wall St -

What You Must Know About Hudson Technologies Inc's (NASDAQ:HDSN) Financial Strength

Hudson Technologies Inc (NASDAQ:HDSN) is a small-cap stock with a market capitalization of US$100.50m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Assessing first and foremost the financial health is

Simply Wall St -

These Factors Make Hudson Technologies Inc (NASDAQ:HDSN) A Great Investment

As an investor, I look for investments which does not compromise one fundamental factor for another. … By this I mean, I look at stocks holistically, from their financial health to their future outlook. … For those interested in understanding where the figures come from and want to see the analysis,

Simply Wall St -

Stock Pick Of The Day: Hudson Technologies Inc (NASDAQ:HDSN)

Two major red flags for HDSN are its debt level exceeds equity on its balance sheet, and its cash from its core activities is only enough to cover a mere 10.97% of this large debt amount. … The current share price for HDSN is US$4.42. … If you're thinking about buying HDSN, you have to believe in its growth story, and the possibility that it has not yet been factored into its share price.

Simply Wall St -

Hudson Technologies Inc (NASDAQ:HDSN): What The Forecasts Are Telling Us

To get some insight, I will try to evaluate Hudson Technologies's margin behaviour to help recognise the underlying make-up of revenue and expenses that is responsible for driving future earnings expectations and what it means for HDSN's returns relative to its competitors. … Margin Calculation for HDSN Profit Margin = Net Income ÷ Revenue ∴ Profit Margin = 11.16 Million ÷ 140.38 Million = 7.95% Hudson Technologies's margin has expanded in the past five years, with 19.74% in average net income growth outstripping average revenue growth of 17.72%, which suggests that the company has been able to convert a larger percentage of revenue into net income whilst grow their top line at the same time. … Based on future expectations, HDSN's profit margin will move from expansion into contraction, with annual revenue growth tipped at 30.94% and annual net income growth forecasted at 26.13%.

Simply Wall St -

Can Hudson Technologies Inc (NASDAQ:HDSN) Continue To Outperform Its Industry?

Check out our latest analysis for Hudson Technologies Breaking down ROE — the mother of all ratios Firstly, Return on Equity, or ROE, is simply the percentage of last years’ earning against the book value of shareholders’ equity. … For now, let’s just look at the cost of equity number for Hudson Technologies, which is 8.49%. … This is called the Dupont Formula: Dupont Formula ROE = profit margin × asset turnover × financial leverage ROE = (annual net profit ÷ sales) × (sales ÷ assets) × (assets ÷ shareholders’ equity) ROE = annual net profit ÷ shareholders’ equity NasdaqCM:HDSN Last Perf Mar 2nd 18 The first component is profit margin, which measures how much of sales is retained after the company pays for all its expenses.

Simply Wall St -

Does Hudson Technologies Inc's (NASDAQ:HDSN) Past Performance Indicate A Stronger Future?

Check out our latest analysis for Hudson Technologies Were HDSN's earnings stronger than its past performances and the industry? … Since these figures may be fairly myopic, I’ve computed an annualized five-year value for Hudson Technologies's earnings, which stands at US$4.71M This shows that, on average, Hudson Technologies has been able to steadily improve its bottom line over the past couple of years as well. … This means that whatever uplift the industry is gaining from, Hudson Technologies is able to amplify this to its advantage.What does this mean?

Simply Wall St -

Investors Are Undervaluing Hudson Technologies Inc (NASDAQ:HDSN) By 21.48%, Here Is My Intrinsic Value Calculation

I then discount the sum of these cash flows to arrive at a present value estimate. … 5-year cash flow estimate 2018 2019 2020 2021 2022 Levered FCF ($, Millions) $13.00 $15.47 $18.26 $21.36 $24.78 Source Extrapolated @ (20%, capped from 20.21%) Extrapolated @ (19%, capped from 20.21%) Extrapolated @ (18%, capped from 20.21%) Extrapolated @ (17%, capped from 20.21%) Extrapolated @ (16%, capped from 20.21%) Present Value Discounted @ 8.49% $11.98 $13.15 $14.30 $15.42 $16.48 Present Value of 5-year Cash Flow (PVCF)= $71 After calculating the present value of future cash flows in the intial 5-year period we need to calculate the Terminal Value, which accounts for all the future cash flows beyond the first stage. … Terminal Value (TV) = FCF2022 × (1 + g) ÷ (r – g) = $25 × (1 + 2.5%) ÷ (8.5% – 2.5%) = $422 Present Value of Terminal Value (PVTV) = TV / (1 + r)5 = $422 / ( 1 + 8.5%)5 = $280 The total value is the sum of cash flows for the next five years and the discounted terminal value, which results in the Total Equity Value, which in this case is $352.

Simply Wall St -

Company Info

Description

Hudson Technologies Inc. operates as a refrigerant services company in the United States and internationally. It sells reclaimed and virgin refrigerants, and industrial gases; provides refrigerant management services, such as reclamation of refrigerants and laboratory testing, as well as re-usable cylinder refurbishment and hydrostatic testing services. The company also offers RefrigerantSide services, including system decontamination to remove moisture, oils, and other contaminants, as well as refrigerant recovery and reclamation services; predictive and diagnostic services that are intended to predict potential problems in air conditioning and refrigeration systems under the Chiller Chemistry, Fluid Chemistry, and Chill Smart names; and SmartEnergy OPS service, a Web-based real time continuous monitoring service for measuring, modifying, and enhancing the efficiency of energy systems comprising air conditioning and refrigeration systems. In addition, it participates in the generation of carbon offset projects. The company serves commercial, industrial, and governmental customers, as well as refrigerant wholesalers, distributors, contractors, and refrigeration equipment manufacturers; and customers in petrochemical, pharmaceutical, industrial power, manufacturing, commercial facility and property management, and maritime industries. Hudson Technologies, Inc. was founded in 1991 and is headquartered in Pearl River, New York.

Details
Name: Hudson Technologies Inc.
HDSN
Exchange: NasdaqCM
Founded: 1991
$86,482,934
42,602,431
Website: http://www.hudsontech.com
Address: Hudson Technologies Inc.
One Blue Hill Plaza,
PO Box 1541,
Pearl River,
New York, 10965,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM HDSN Common Stock Nasdaq Capital Market US USD 01. Nov 1994
DB HT4 Common Stock Deutsche Boerse AG DE EUR 01. Nov 1994
Number of employees
Current staff
Staff numbers
243
Hudson Technologies employees.
Industry
Environmental and Facilities Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/20 01:33
End of day share price update: 2019/05/17 00:00
Last estimates confirmation: 2019/05/02
Last earnings filing: 2019/05/02
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.