NYSE:HMI

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Executive Summary

Huami Corporation, a biometric and activity data-driven company, develops, manufactures, and sells smart wearable technological devices in the People’s Republic of China. More Details


Snowflake Analysis

Very undervalued with exceptional growth potential.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: HMI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: HMI's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

-10.0%

HMI

4.0%

US Electronic

1.8%

US Market


1 Year Return

27.5%

HMI

20.8%

US Electronic

20.4%

US Market

Return vs Industry: HMI exceeded the US Electronic industry which returned 17.4% over the past year.

Return vs Market: HMI exceeded the US Market which returned 19% over the past year.


Shareholder returns

HMIIndustryMarket
7 Day-10.0%4.0%1.8%
30 Day11.9%11.6%6.0%
90 Day-1.5%20.9%6.8%
1 Year27.5%27.5%22.0%20.8%23.2%20.4%
3 Yearn/a30.3%26.6%47.4%37.6%
5 Yearn/a109.1%99.1%91.9%70.8%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Huami undervalued compared to its fair value and its price relative to the market?

37.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: HMI ($13.06) is trading below our estimate of fair value ($21.01)

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


Price To Earnings Ratio

PE vs Industry: HMI is good value based on its PE Ratio (16.6x) compared to the US Electronic industry average (25.6x).

PE vs Market: HMI is good value based on its PE Ratio (16.6x) compared to the US market (19.5x).


Price to Earnings Growth Ratio

PEG Ratio: HMI is good value based on its PEG Ratio (0.5x)


Price to Book Ratio

PB vs Industry: HMI is good value based on its PB Ratio (2x) compared to the US Electronic industry average (2.3x).


Next Steps

Future Growth

How is Huami forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

32.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HMI's forecast earnings growth (32.9% per year) is above the savings rate (2.2%).

Earnings vs Market: HMI's earnings (32.9% per year) are forecast to grow faster than the US market (21.9% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: HMI's revenue (20.1% per year) is forecast to grow faster than the US market (10.2% per year).

High Growth Revenue: HMI's revenue (20.1% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: HMI's Return on Equity is forecast to be high in 3 years time (24.5%)


Next Steps

Past Performance

How has Huami performed over the past 5 years?

60.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HMI has high quality earnings.

Growing Profit Margin: HMI's current net profit margins (4.9%) are lower than last year (9.7%).


Past Earnings Growth Analysis

Earnings Trend: HMI's earnings have grown significantly by 60.9% per year over the past 5 years.

Accelerating Growth: HMI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: HMI had negative earnings growth (-33.3%) over the past year, making it difficult to compare to the Electronic industry average (-14.1%).


Return on Equity

High ROE: HMI's Return on Equity (12.1%) is considered low.


Next Steps

Financial Health

How is Huami's financial position?


Financial Position Analysis

Short Term Liabilities: HMI's short term assets (CN¥5.4B) exceed its short term liabilities (CN¥3.4B).

Long Term Liabilities: HMI's short term assets (CN¥5.4B) exceed its long term liabilities (CN¥378.9M).


Debt to Equity History and Analysis

Debt Level: HMI's debt to equity ratio (31.7%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if HMI's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: HMI's debt is well covered by operating cash flow (50.9%).

Interest Coverage: HMI earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Huami current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate HMI'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 HMI's dividends per share have been stable in the past.

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of HMI'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?

3.1yrs

Average management tenure


CEO

Wang Huang (43 yo)

7.83yrs

Tenure

Mr. Huang Wang is founder and serves as the Chairman of board of Directors and Chief Executive Officer of Huami Corp. (the “Company”) since 2013. Mr. Huang is a serial entrepreneur with significant experie...


Leadership Team

NamePositionTenureCompensationOwnership
Wang Huang
Founder7.83yrsno data34.52%
CN¥ 279.3m
Leon Cheng Deng
Chief Financial Officer0.083yrno datano data
Mike Yan Yeung
Chief Operating Officer5.83yrsno datano data
Zhang Grace Yujia
Director of Investor Relationsno datano datano data
Brad Samson
Vice President of Investor Relations0.33yrno datano data
Pengtao Yu
Chief Industrial Designer6.08yrsno datano data
Ramesh Jain
Chief Technical Advisor of Huami AI Research Institute0.42yrno datano data

3.1yrs

Average Tenure

43yo

Average Age

Experienced Management: HMI's management team is considered experienced (3.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Wang Huang
Founder7.83yrsno data34.52%
CN¥ 279.3m
Bing Xie
Independent Directorno datano datano data
Jimmy Y. Lai
Independent Director2.75yrsno datano data
Hongjiang Zhang
Independent Director2.75yrsno datano data
Xiaojun Zhang
Director5.58yrsno datano data
Yunfen Lu
Director5.58yrsno data1.39%
CN¥ 11.3m
De Liu
Director5.58yrsno datano data

5.6yrs

Average Tenure

52yo

Average Age

Experienced Board: HMI's board of directors are considered experienced (5.6 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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Huami Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Huami Corporation
  • Ticker: HMI
  • Exchange: NYSE
  • Founded: 2013
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: US$809.061m
  • Shares outstanding: 61.95m
  • Website: https://www.huami.com

Number of Employees


Location

  • Huami Corporation
  • Building H8
  • No. 2800, Chuangxin Road
  • Hefei
  • Anhui Province
  • 230088
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HMINYSE (New York Stock Exchange)YesSPONSORED ADSUSUSDFeb 2018

Biography

Huami Corporation, a biometric and activity data-driven company, develops, manufactures, and sells smart wearable technological devices in the People’s Republic of China. It operates through two segments, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/24 23:37
End of Day Share Price2020/11/24 00:00
Earnings2020/09/30
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.