Horizon North Logistics Inc. provides industrial, commercial, and residential products and services in Canada.
Adequate balance sheet and fair value.
Share Price & News
How has Horizon North Logistics's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HZNO.F has not had significant price volatility in the past 3 months.
7 Day Return
US Commercial Services
1 Year Return
US Commercial Services
Return vs Industry: Insufficient data to determine how HZNO.F performed against the US Commercial Services industry.
Return vs Market: Insufficient data to determine how HZNO.F performed against the US Market.
Price Volatility Vs. Market
How volatile is Horizon North Logistics's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Horizon North Logistics undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: HZNO.F ($0.95) is trading below our estimate of fair value ($4.3)
Significantly Below Fair Value: HZNO.F is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HZNO.F is unprofitable, so we can't compare its PE Ratio to the Commercial Services industry average.
PE vs Market: HZNO.F is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate HZNO.F's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: HZNO.F is good value based on its PB Ratio (0.5x) compared to the US Commercial Services industry average (1.8x).
How is Horizon North Logistics forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HZNO.F is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: HZNO.F is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: HZNO.F is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: HZNO.F's revenue (5.4% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: HZNO.F's revenue (5.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HZNO.F is forecast to be unprofitable in 3 years.
How has Horizon North Logistics performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HZNO.F is currently unprofitable.
Growing Profit Margin: HZNO.F is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: HZNO.F is unprofitable, and losses have increased over the past 5 years at a rate of -43.6% per year.
Accelerating Growth: Unable to compare HZNO.F's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: HZNO.F is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (0.2%).
Return on Equity
High ROE: HZNO.F has a negative Return on Equity (-2.77%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Horizon North Logistics's financial position?
Financial Position Analysis
Short Term Liabilities: HZNO.F's short term assets (CA$150.4M) exceed its short term liabilities (CA$91.9M).
Long Term Liabilities: HZNO.F's short term assets (CA$150.4M) do not cover its long term liabilities (CA$168.5M).
Debt to Equity History and Analysis
Debt Level: HZNO.F's debt to equity ratio (32.4%) is considered satisfactory.
Reducing Debt: HZNO.F's debt to equity ratio has reduced from 51.5% to 32.4% over the past 5 years.
Inventory Level: HZNO.F has a high level of physical assets or inventory.
Debt Coverage by Assets: HZNO.F's debt is covered by short term assets (assets are 1.5x debt).
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.
Stable Cash Runway: HZNO.F has been profitable on average in the past, therefore cash runway is not a concern.
Forecast Cash Runway: HZNO.F has been profitable on average in the past, therefore cash runway is not a concern.
What is Horizon North Logistics's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: HZNO.F's dividend (7.84%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: HZNO.F's dividend (7.84%) is in the top 25% of dividend payers in the US market (3.69%)
Stability and Growth of Payments
Stable Dividend: HZNO.F has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: HZNO.F has only been paying a dividend for 9 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: HZNO.F is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: HZNO.F is forecast to pay a dividend in 3 years whilst incurring a loss, therefore the dividend is not forecast to be well covered.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rod Graham (51yo)
Mr. Roderick W. Graham, also known as Rod, CFA, MBA has been the Chief Executive Officer and President of Horizon North Logistics Inc. since November 4, 2014. Mr. Graham served as an Senior Vice President ...
CEO Compensation Analysis
Compensation vs Market: Rod's total compensation ($USD971.94K) is above average for companies of similar size in the US market ($USD521.92K).
Compensation vs Earnings: Rod's compensation has increased whilst the company is unprofitable.
|Senior VP of Finance & CFO||10.1yrs||CA$651.34k||0.0025% CA$3.2k|
|Executive Vice President of Strategic Partnerships||0yrs||CA$413.11k||0.039% CA$49.4k|
|President of Modular Solutions||0yrs||CA$500.29k||0.069% CA$87.6k|
|President of Industrial Services||1.5yrs||CA$621.43k||0.19% CA$246.2k|
|Vice President of Legal & General Counsel||5.3yrs||no data||no data|
|Vice President of Human Resources||0.3yrs||no data||no data|
|Executive Vice President of Quality||3.7yrs||CA$230.00k||0.018% CA$23.1k|
|Corporate Secretary||13.7yrs||no data||0.0022% CA$2.8k|
Experienced Management: HZNO.F's management team is seasoned and experienced (5.3 years average tenure).
|Independent Director||9.8yrs||CA$133.59k||0.046% CA$58.7k|
|Independent Director||4.8yrs||CA$131.92k||0.016% CA$20.0k|
|Independent Chairman||2.9yrs||CA$160.78k||0.84% CA$1.1m|
|Independent Director||4.8yrs||CA$131.92k||0.035% CA$44.4k|
|Independent Director||13.7yrs||CA$136.92k||0.66% CA$843.0k|
|Independent Director||7.5yrs||CA$139.42k||0.023% CA$29.2k|
|Independent Director||3.8yrs||CA$143.26k||0.042% CA$53.6k|
Experienced Board: HZNO.F's board of directors are considered experienced (5 years average tenure).
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 9.6%.
Horizon North Logistics Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Horizon North Logistics Inc.
- Ticker: HZNO.F
- Exchange: OTCPK
- Industry: Diversified Support Services
- Sector: Commercial Services
- Market Cap: CA$168.725m
- Listing Market Cap: CA$127.539m
- Shares outstanding: 165.42m
- Website: https://www.horizonnorth.ca
Number of Employees
- Horizon North Logistics Inc.
- 240-4th Avenue SW
- Suite 900
- T2P 4H4
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|HNL||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Jul 2006|
|HZNO.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Jul 2006|
|13N||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Jul 2006|
Horizon North Logistics Inc. provides industrial, commercial, and residential products and services in Canada. The company operates in two segments, Industrial Services and Modular Solutions. The Industrial Services segment supplies workforce accommodations, camp management services, access solutions, relocatable structures, and maintenance and utilities services. The Modular Solutions segment integrates modern design concepts and technology with off-site manufacturing processes. This segment also produces building solutions for commercial and residential offerings, including offices, hotels, and retail buildings, as well as distinctive single detached dwellings and multi-family residential structures. It serves energy, mining, forestry, and construction sectors. Horizon North Logistics Inc. is headquartered in Calgary, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/18 00:32|
|End of Day Share Price||2019/12/31 00:00|
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.