Hudaco Industries Limited imports and distributes automotive, industrial, and electrical consumable products primarily in the southern African region.
Price History & Performance
|Historical stock prices|
|Current Share Price||R133.91|
|52 Week High||R68.00|
|52 Week Low||R139.88|
|1 Month Change||7.99%|
|3 Month Change||-1.44%|
|1 Year Change||73.91%|
|3 Year Change||-5.03%|
|5 Year Change||21.75%|
|Change since IPO||1,117.36%|
Recent News & Updates
|HDC||ZA Trade Distributors||ZA Market|
Return vs Industry: HDC underperformed the ZA Trade Distributors industry which returned 91.7% over the past year.
Return vs Market: HDC exceeded the ZA Market which returned 19.9% over the past year.
Stable Share Price: HDC is less volatile than 75% of ZA stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: HDC's weekly volatility (3%) has been stable over the past year.
About the Company
Hudaco Industries Limited imports and distributes automotive, industrial, and electrical consumable products primarily in the southern African region. It operates through two segments, Consumer-Related Products and Engineering Consumables. The Consumer-Related Products segment distributes clutch kits, automotive ignition leads, oil and hydraulic seals, wheels, brake and clutch hydraulics, mountings, bushes, hydraulic repair kits, cylinders, hoses, CV joints, wheel hubs, suspension components, and vehicle components to the automotive and industrial after-market; lead acid, solar batteries, chargers, and battery management equipment; power tools, marine engines, survey instruments, rivets, and fasteners; and intrusion detection, access control, fire detection, and surveillance/CCTV solutions, including IP/GSM network and support services.
Hudaco Industries Fundamentals Summary
|HDC fundamental statistics|
Is HDC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|HDC income statement (TTM)|
|Cost of Revenue||R4.43b|
Last Reported Earnings
May 31, 2021
Next Earnings Date
|Earnings per share (EPS)||16.02|
|Net Profit Margin||6.83%|
How did HDC perform over the long term?See historical performance and comparison
3.6%Current Dividend Yield
Is Hudaco Industries 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: HDC (ZAR133.91) is trading below our estimate of fair value (ZAR781.99)
Significantly Below Fair Value: HDC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HDC is poor value based on its PE Ratio (8.4x) compared to the ZA Trade Distributors industry average (8x).
PE vs Market: HDC is good value based on its PE Ratio (8.4x) compared to the ZA market (11.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate HDC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: HDC is overvalued based on its PB Ratio (1.5x) compared to the ZA Trade Distributors industry average (0.8x).
How is Hudaco Industries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Hudaco Industries 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.
How has Hudaco Industries performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HDC has high quality earnings.
Growing Profit Margin: HDC's current net profit margins (6.8%) are higher than last year (0.4%).
Past Earnings Growth Analysis
Earnings Trend: HDC's earnings have declined by 12.5% per year over the past 5 years.
Accelerating Growth: HDC's earnings growth over the past year (1677.1%) exceeds its 5-year average (-12.5% per year).
Earnings vs Industry: HDC earnings growth over the past year (1677.1%) exceeded the Trade Distributors industry 19.1%.
Return on Equity
High ROE: HDC's Return on Equity (19.6%) is considered low.
How is Hudaco Industries's financial position?
Financial Position Analysis
Short Term Liabilities: HDC's short term assets (ZAR3.1B) exceed its short term liabilities (ZAR1.3B).
Long Term Liabilities: HDC's short term assets (ZAR3.1B) exceed its long term liabilities (ZAR958.0M).
Debt to Equity History and Analysis
Debt Level: HDC's debt to equity ratio (28.8%) is considered satisfactory.
Reducing Debt: HDC's debt to equity ratio has reduced from 73.9% to 28.8% over the past 5 years.
Debt Coverage: HDC's debt is well covered by operating cash flow (133.5%).
Interest Coverage: HDC's interest payments on its debt are well covered by EBIT (10.5x coverage).
What is Hudaco Industries's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HDC's dividend (3.58%) is higher than the bottom 25% of dividend payers in the ZA market (3.08%).
High Dividend: HDC's dividend (3.58%) is low compared to the top 25% of dividend payers in the ZA market (8.02%).
Stability and Growth of Payments
Stable Dividend: HDC's dividend payments have been volatile in the past 10 years.
Growing Dividend: HDC's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (42.1%), HDC's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Graham Dunford (56 yo)
Mr. Graham Ronald Dunford, N Dip Mechanical Engineering, serves as the Chief Executive Officer of Hudaco Industries Limited since July 1, 2014 and its Executive Director since July 2010. Mr. Dunford served...
CEO Compensation Analysis
Compensation vs Market: Graham's total compensation ($USD1.26M) is above average for companies of similar size in the ZA market ($USD499.93K).
Compensation vs Earnings: Graham's compensation has been consistent with company performance over the past year.
Experienced Management: HDC's management team is considered experienced (3.3 years average tenure).
Experienced Board: HDC's board of directors are considered experienced (4.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: HDC insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Hudaco Industries Limited's employee growth, exchange listings and data sources
- Name: Hudaco Industries Limited
- Ticker: HDC
- Exchange: JSE
- Founded: 1891
- Industry: Trading Companies and Distributors
- Sector: Capital Goods
- Market Cap: R4.001b
- Shares outstanding: 29.88m
- Website: https://www.hudaco.co.za
Number of Employees
- Hudaco Industries Limited
- Building 9
- 1st Floor
- South Africa
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/21 20:55|
|End of Day Share Price||2021/10/21 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.