OTCPK:HOLH.F

Stock Analysis Report

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Executive Summary

Höegh LNG Holdings Ltd., together with its subsidiaries, provides floating energy solutions worldwide.


Snowflake Analysis

Fair value with imperfect balance sheet.


Similar Companies

Share Price & News

How has Höegh LNG Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: HOLH.F has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-1.7%

HOLH.F

-7.3%

US Oil and Gas

1.3%

US Market


1 Year Return

n/a

HOLH.F

-45.2%

US Oil and Gas

6.1%

US Market

Return vs Industry: Insufficient data to determine how HOLH.F performed against the US Oil and Gas industry.

Return vs Market: Insufficient data to determine how HOLH.F performed against the US Market.


Shareholder returns

HOLH.FIndustryMarket
7 Day-1.7%-7.3%1.3%
30 Day7.6%-22.3%-0.3%
90 Dayn/a2.1%16.6%
1 Yearn/a-42.6%-45.2%8.4%6.1%
3 Yearn/a-37.2%-43.8%35.8%26.9%
5 Year-92.0%-92.2%-41.2%-50.8%62.7%44.7%

Price Volatility Vs. Market

How volatile is Höegh LNG Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Höegh LNG Holdings 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: HOLH.F ($1.13) is trading below our estimate of fair value ($19.23)

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


Price To Earnings Ratio

PE vs Industry: HOLH.F is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.

PE vs Market: HOLH.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 HOLH.F's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: HOLH.F is good value based on its PB Ratio (0.3x) compared to the US Oil and Gas industry average (0.7x).


Next Steps

Future Growth

How is Höegh LNG Holdings forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

10.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HOLH.F is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: HOLH.F is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: HOLH.F is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: HOLH.F's revenue is expected to decline over the next 3 years (-1% per year).

High Growth Revenue: HOLH.F's revenue is forecast to decline over the next 3 years (-1% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: HOLH.F is forecast to be unprofitable in 3 years.


Next Steps

Past Performance

How has Höegh LNG Holdings performed over the past 5 years?

53.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HOLH.F is currently unprofitable.

Growing Profit Margin: HOLH.F is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: HOLH.F is unprofitable, but has reduced losses over the past 5 years at a rate of 53.9% per year.

Accelerating Growth: Unable to compare HOLH.F's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: HOLH.F is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-17.5%).


Return on Equity

High ROE: HOLH.F has a negative Return on Equity (0.42%), as it is currently unprofitable.


Next Steps

Financial Health

How is Höegh LNG Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: HOLH.F's short term assets ($162.1M) do not cover its short term liabilities ($333.6M).

Long Term Liabilities: HOLH.F's short term assets ($162.1M) do not cover its long term liabilities ($1.6B).


Debt to Equity History and Analysis

Debt Level: HOLH.F's debt to equity ratio (275.3%) is considered high.

Reducing Debt: HOLH.F's debt to equity ratio has increased from 163.6% to 275.3% over the past 5 years.


Balance Sheet


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: Whilst unprofitable HOLH.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: HOLH.F is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 24.3% per year.


Next Steps

Dividend

What is Höegh LNG Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate HOLH.F's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate HOLH.F's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if HOLH.F's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if HOLH.F's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: HOLH.F is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of HOLH.F's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

6.5yrs

Average management tenure


CEO

Sveinung J. Støhle (62yo)

no data

Tenure

US$1,633,000

Compensation

Mr. Sveinung J. S. Støhle serves as Director at Avenir LNG Limited. Mr. Støhle has been Chief Executive Officer of Höegh LNG AS since August 2014 and serves as its President. Mr. Støhle has been the Chief  ...


CEO Compensation Analysis

Compensation vs Market: Sveinung J.'s total compensation ($USD1.63M) is above average for companies of similar size in the US market ($USD610.56K).

Compensation vs Earnings: Sveinung J.'s compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Sveinung J. Støhle
CEO & Presidentno dataUS$1.63m0.26% $228.1k
Håvard Furu
Chief Financial Officerno dataUS$284.20kno data
Vegard Hellekleiv
Chief Operations Officerno dataUS$211.00k0.047% $40.7k
Øivin Iversen
Chief Technical Officer13.5yrsno datano data
Stephan Tschudi-Madsen
Chief Administrative Officerno dataUS$286.00kno data
Knut Arnholdt
Vice President of Investor Relations & Strategyno datano datano data
Camilla Nyhus-Møller
Chief Legal & Compliance Officer7.58yrsno data0.0048% $4.2k
Tom Solberg
Chief of Staff5.5yrsno datano data
Ragnar Wisløff
Head of Change & Transformationno dataUS$219.00k0.031% $27.4k
Richard Tyrrell
Chief Development Officer1.83yrsno data0.029% $24.8k

6.5yrs

Average Tenure

51yo

Average Age

Experienced Management: HOLH.F's management team is seasoned and experienced (6.5 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

Höegh LNG Holdings Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Höegh LNG Holdings Ltd.
  • Ticker: HOLH.F
  • Exchange: OTCPK
  • Founded:
  • Industry: Oil and Gas Storage and Transportation
  • Sector: Energy
  • Market Cap: kr821.479m
  • Listing Market Cap: kr87.168m
  • Shares outstanding: 76.20m
  • Website: https://www.hoeghlng.com

Number of Employees


Location

  • Höegh LNG Holdings Ltd.
  • Canon’s Court
  • 22 Victoria Street
  • Hamilton
  • HM 12
  • Bermuda

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HLNGOB (Oslo Bors)YesCommon SharesNONOKJul 2011
5HGDB (Deutsche Boerse AG)YesCommon SharesDEEURJul 2011
0Q2TLSE (London Stock Exchange)YesCommon SharesGBNOKJul 2011
HOLH.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJul 2011
HLNGOBATS-CHIXE (BATS 'Chi-X Europe')YesCommon SharesGBNOKJul 2011

Biography

Höegh LNG Holdings Ltd., together with its subsidiaries, provides floating energy solutions worldwide. The company operates through four segments: HMLP, Operations, Business Development, and Project Execution. It owns and operates floating LNG import terminals, floating storage and regasification units (FSRUs), and LNG carriers (LNGCs). The company also acquires FSRUs, LNGCs, and other LNG infrastructure assets under long-term charters. As of December 31, 2019, it operated a fleet of two LNG transportation vessels, and ten floating storage and regasification units. The company is also involved in the commercial management and bareboat hiring; and business development and project execution activities. In addition, it owns ships. The company is based in Hamilton, Bermuda. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/10 00:44
End of Day Share Price2020/07/09 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.