OTCPK:HGRV.F

Stock Analysis Report

Executive Summary

Hargreaves Services plc, together with its subsidiaries, engages in the mining, sourcing, processing, blending, moving, and handling coal in the United Kingdom and internationally.

Snowflake

Fundamentals

Adequate balance sheet with moderate growth potential.

Risks

  • Hargreaves Services is covered by less than 3 analysts.

Share Price & News

How has Hargreaves Services's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

OTCPK:HGRV.F

1.8%

US Oil and Gas

-1.0%

US Market


1 Year Return

n/a

OTCPK:HGRV.F

-16.2%

US Oil and Gas

4.6%

US Market

No trading data on HGRV.F.

No trading data on HGRV.F.


Share holder returns

HGRV.FIndustryMarket
7 Day0%1.8%-1.0%
30 Day0%3.1%2.8%
90 Dayn/a-4.6%2.1%
1 Yearn/a-13.2%-16.2%6.9%4.6%
3 Year28.9%28.9%5.4%-4.1%48.6%38.7%
5 Yearn/a-27.7%-37.2%55.0%38.0%

Price Volatility Vs. Market

How volatile is Hargreaves Services's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

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

0.57x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Hargreaves Services's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Hargreaves Services's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Hargreaves Services is loss making, we can't compare its value to the US Oil and Gas industry average.

Hargreaves Services is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Hargreaves Services, we can't assess if its growth is good value.


Price Based on Value of Assets

Hargreaves Services is good value based on assets compared to the US Oil and Gas industry average.


Next Steps

Future Growth

How is Hargreaves Services expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

87.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Hargreaves Services's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.

Hargreaves Services's earnings are expected to grow significantly at over 20% yearly.

Hargreaves Services's revenues are expected to decrease over the next 1-3 years, this is below the United States of America market average.

Hargreaves Services's earnings growth is expected to exceed the United States of America market average.

Hargreaves Services's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Hargreaves Services is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Hargreaves Services performed over the past 5 years?

-61.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Hargreaves Services does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Hargreaves Services's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Hargreaves Services's 1-year growth to the US Oil and Gas industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Hargreaves Services has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Hargreaves Services has efficiently used its assets last year compared to the US Oil and Gas industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Hargreaves Services improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Hargreaves Services's financial position?


Financial Position Analysis

Hargreaves Services is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Hargreaves Services's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Hargreaves Services's level of debt (41.7%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (75.5% vs 41.7% today).

Debt is well covered by operating cash flow (56.3%, greater than 20% of total debt).

Hargreaves Services is making a loss, therefore interest payments are not well covered by earnings.


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 3.4x debt.


Next Steps

Dividend

What is Hargreaves Services's current dividend yield, its reliability and sustainability?

3.16%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Hargreaves Services's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).

Hargreaves Services's dividend is below the markets top 25% of dividend payers in United States of America (3.73%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have fallen over the past 10 years.


Current Payout to Shareholders

The company is paying a dividend however it is incurring a loss.


Future Payout to Shareholders

Dividends after 3 years are expected to be covered by earnings (2x coverage).


Next Steps

Management

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

3.9yrs

Average management tenure


CEO

Gordon Frank Banham (54yo)

17.7yrs

Tenure

UK£729,000

Compensation

Mr. Gordon Frank Colenso Banham serves as Group Chief Executive and Director at Hargreaves Services Plc. Mr. Banham was Managing Director of his family firm, F Banham Limited, until 1994 when he negotiated ...


CEO Compensation Analysis

Gordon Frank's remuneration is higher than average for companies of similar size in United States of America.

Gordon Frank's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

3.9yrs

Average Tenure

61yo

Average Age

The tenure for the Hargreaves Services management team is about average.


Board Age and Tenure

1.4yrs

Average Tenure

62yo

Average Age

The average tenure for the Hargreaves Services board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month individual insider trading information.


Recent Insider Transactions

BuyUS$128,80707 Feb 19
David Anderson
EntityIndividual
Role
Member of the Board of Directors
Shares32,775
Max PriceUS$3.93

Ownership Breakdown


Management Team

  • Andrew Robertson

    General Counsel & Group Company Secretary

    • Tenure: 6.4yrs
  • Phil Dryden (61yo)

    Chief Operating Officer

  • John William Young Samuel (62yo)

    Group Finance Director & Director

    • Tenure: 1.4yrs
    • Compensation: £290.49k
  • Frank Oeyen

    Managing Director of Hargreaves Carbon Products Nv - Energy & Commodities

  • Steve Anson

    Chief Executive Officer of Blackwell - Specialist Earthworks & Infrastructure Division

  • Iain Slater

    Managing Director of Property Division

  • Julie Haynes

    Managing Director of Industrial Services Division

  • Gordon Frank Banham (54yo)

    Group Chief Executive & Director

    • Tenure: 17.7yrs
    • Compensation: £729.00k
  • John Burks

    Managing Director of Production & Distribution Division

    • Tenure: 1.4yrs
  • Hilmar Eller

    Managing Director of Europe


Board Members

  • John William Young Samuel (62yo)

    Group Finance Director & Director

    • Tenure: 1.4yrs
    • Compensation: £290.49k
  • Roger McDowell (63yo)

    Chairman

    • Tenure: 0.8yrs
    • Compensation: £2.00k
  • Gordon Frank Banham (54yo)

    Group Chief Executive & Director

    • Tenure: 18.4yrs
    • Compensation: £729.00k
  • Nigel Halkes (62yo)

    Non-Executive Director

    • Tenure: 3.8yrs
    • Compensation: £40.00k
  • David Anderson

    Group Property Director & Director

    • Tenure: 0.5yrs

Company Information

Hargreaves Services Plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Hargreaves Services Plc
  • Ticker: HGRV.F
  • Exchange: OTCPK
  • Founded: 1994
  • Industry: coal and consumable fuels
  • Sector: energy
  • Market Cap: UK£76.458m
  • Listing Market Cap: UK£96.991m
  • Shares outstanding: 32.13m
  • Website: Click here

Number of Employees


Location

  • Hargreaves Services Plc
  • West Terrace
  • Esh Winning
  • Durham
  • County Durham
  • DH7 9PT
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HSPAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPNov 2005
HGRV.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDNov 2005

Biography

Hargreaves Services plc, together with its subsidiaries, engages in the mining, sourcing, processing, blending, moving, and handling coal in the United Kingdom and internationally. It develops and operates ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/06/27 00:41
End of Day Share Price2019/04/24 00:00
Earnings2018/11/30
Annual Earnings2018/05/31


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.