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HCI

Hosken Consolidated InvestmentsJSE:HCI Stock Report

Market Cap

R6.8b

7D

11.6%

1Y

79.3%

Updated

17 Oct, 2021

Data

Company Financials
HCI fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance1/6
Financial Health0/6
Dividends0/6

HCI Overview

Hosken Consolidated Investments Limited, an investment holding company, operates in hotel and leisure, interactive gaming, media and broadcasting, transport, mining, and property businesses principally in South Africa.

Price History & Performance

Summary of all time highs, changes and price drops for Hosken Consolidated Investments
Historical stock prices
Current Share PriceR84.25
52 Week HighR36.50
52 Week LowR85.99
Beta1.19
1 Month Change21.12%
3 Month Change63.91%
1 Year Change79.26%
3 Year Change-34.69%
5 Year Change-31.70%
Change since IPO1,196.15%

Recent News & Updates

Shareholder Returns

HCIZA IndustrialsZA Market
7D11.6%1.6%1.6%
1Y79.3%52.0%21.3%

Return vs Industry: HCI exceeded the ZA Industrials industry which returned 52% over the past year.

Return vs Market: HCI exceeded the ZA Market which returned 21.3% over the past year.

Price Volatility

Is HCI's price volatile compared to industry and market?
HCI volatility
HCI Beta1.19
Industry Beta0.75
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
1973n/aJohnny Copelynhttps://www.hci.co.za

Hosken Consolidated Investments Limited, an investment holding company, operates in hotel and leisure, interactive gaming, media and broadcasting, transport, mining, and property businesses principally in South Africa. It owns and operates hotels and casinos; operates bingo centers and sites, gaming machines, and vslots; and provides transport services. The company is also involved in the mining of coal resources; oil and gas exploration activities; and operation of conference and exhibition, industrial, inner city housing, mixed use precincts, office, student accommodation, and retail properties.

Hosken Consolidated Investments Fundamentals Summary

How do Hosken Consolidated Investments's earnings and revenue compare to its market cap?
HCI fundamental statistics
Market CapR6.81b
Earnings (TTM)R1.14b
Revenue (TTM)R14.09b

6.0x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
HCI income statement (TTM)
RevenueR14.09b
Cost of RevenueR10.99b
Gross ProfitR3.09b
ExpensesR1.96b
EarningsR1.14b

Last Reported Earnings

Mar 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)14.06
Gross Margin21.97%
Net Profit Margin8.07%
Debt/Equity Ratio92.2%

How did HCI perform over the long term?

See historical performance and comparison

Valuation

Is Hosken Consolidated Investments undervalued compared to its fair value and its price relative to the market?

5.99x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: HCI (ZAR84.25) is trading above our estimate of fair value (ZAR10.61)

Significantly Below Fair Value: HCI is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: HCI is good value based on its PE Ratio (6x) compared to the ZA Industrials industry average (10.7x).

PE vs Market: HCI is good value based on its PE Ratio (6x) compared to the ZA market (11.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate HCI's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: HCI is good value based on its PB Ratio (0.6x) compared to the ZA Industrials industry average (1.2x).


Future Growth

How is Hosken Consolidated Investments forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.5%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Hosken Consolidated Investments has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Hosken Consolidated Investments performed over the past 5 years?

-49.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HCI has a large one-off loss of ZAR1.3B impacting its March 31 2021 financial results.

Growing Profit Margin: HCI became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: HCI's earnings have declined by 49.2% per year over the past 5 years.

Accelerating Growth: HCI has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: HCI has become profitable in the last year, making it difficult to compare its past year earnings growth to the Industrials industry (35.6%).


Return on Equity

High ROE: HCI's Return on Equity (5.7%) is considered low.


Financial Health

How is Hosken Consolidated Investments's financial position?


Financial Position Analysis

Short Term Liabilities: HCI's short term assets (ZAR5.5B) do not cover its short term liabilities (ZAR7.2B).

Long Term Liabilities: HCI's short term assets (ZAR5.5B) do not cover its long term liabilities (ZAR19.2B).


Debt to Equity History and Analysis

Debt Level: HCI's debt to equity ratio (92.2%) is considered high.

Reducing Debt: HCI's debt to equity ratio has increased from 55% to 92.2% over the past 5 years.

Debt Coverage: HCI's debt is not well covered by operating cash flow (8.1%).

Interest Coverage: HCI's interest payments on its debt are not well covered by EBIT (1.3x coverage).


Balance Sheet


Dividend

What is Hosken Consolidated Investments's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: HCI is not paying a notable dividend for the ZA market.


Future Payout to Shareholders

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


Next Steps

Management

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

4.8yrs

Average management tenure


CEO

Johnny Copelyn (71 yo)

24.75yrs

Tenure

R13,777,000

Compensation

Mr. John Anthony Copelyn, B.A. Hons, B.Proc, also known as Johnny, serves as Non-Executive Chairman of Montauk Renewables, Inc. since January 04, 2021. Mr. Copelyn serves as Independent Director at Africa...


CEO Compensation Analysis

Compensation vs Market: Johnny's total compensation ($USD942.18K) is about average for companies of similar size in the ZA market ($USD731.45K).

Compensation vs Earnings: Johnny's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: HCI's management team is considered experienced (4.8 years average tenure).


Board Members

Experienced Board: HCI's board of directors are considered experienced (6.9 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 been diluted in the past year, with total shares outstanding growing by 3.6%.


Top Shareholders

Company Information

Hosken Consolidated Investments Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Hosken Consolidated Investments Limited
  • Ticker: HCI
  • Exchange: JSE
  • Founded: 1973
  • Industry: Industrial Conglomerates
  • Sector: Capital Goods
  • Market Cap: R6.813b
  • Shares outstanding: 80.87m
  • Website: https://www.hci.co.za

Location

  • Hosken Consolidated Investments Limited
  • 76 Regent Road
  • Suite 801
  • Cape Town
  • Western Cape
  • 8005
  • South Africa

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/17 17:04
End of Day Share Price2021/10/15 00:00
Earnings2021/03/31
Annual Earnings2021/03/31


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.