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HLM

HulaminJSE:HLM Stock Report

Last Price

R4.71

Market Cap

R1.5b

7D

-0.8%

1Y

132.0%

Updated

23 Jan, 2022

Data

Company Financials
HLM fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance2/6
Financial Health3/6
Dividends0/6

HLM Stock Overview

Hulamin Limited manufactures and distributes rolled and extruded aluminum products in South Africa, North America, Europe, Asia, the Middle East, Australasia, South America, and rest of Africa.

Hulamin Competitors

Glencore

LSE:GLEN

UK£53.7b

Anglo American

LSE:AAL

UK£41.7b

Anglo American Platinum

JSE:AMS

R469.3b

ArcelorMittal

ENXTAM:MT

€26.3b

Price History & Performance

Summary of all time highs, changes and price drops for Hulamin
Historical stock prices
Current Share PriceR4.71
52 Week HighR4.94
52 Week LowR1.78
Beta1.33
1 Month Change7.78%
3 Month Change14.88%
1 Year Change132.02%
3 Year Change4.67%
5 Year Change-31.64%
Change since IPO-85.28%

Recent News & Updates

Shareholder Returns

HLMZA Metals and MiningZA Market
7D-0.8%2.6%-0.3%
1Y132.0%3.4%13.9%

Return vs Industry: HLM exceeded the ZA Metals and Mining industry which returned 3.4% over the past year.

Return vs Market: HLM exceeded the ZA Market which returned 13.9% over the past year.

Price Volatility

Is HLM's price volatile compared to industry and market?
HLM volatility
HLM Average Weekly Movement5.9%
Metals and Mining Industry Average Movement7.0%
Market Average Movement5.7%
10% most volatile stocks in ZA Market12.1%
10% least volatile stocks in ZA Market3.3%

Stable Share Price: HLM is not significantly more volatile than the rest of ZA stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: HLM's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19351,722Richard Jacobhttps://www.hulamin.com

Hulamin Limited manufactures and distributes rolled and extruded aluminum products in South Africa, North America, Europe, Asia, the Middle East, Australasia, South America, and rest of Africa. It operates through two segments, Hulamin Rolled Products and Hulamin Extrusions. The Hulamin Rolled Products segment offers aluminum sheets, plates, and foil products, as well as aluminum foil containers and related products used in the automotive, transport, building, electrical, and general engineering, packaging, renewable energy, and other industries.

Hulamin Fundamentals Summary

How do Hulamin's earnings and revenue compare to its market cap?
HLM fundamental statistics
Market CapR1.45b
Earnings (TTM)R88.75m
Revenue (TTM)R10.37b

16.4x

P/E Ratio

0.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
HLM income statement (TTM)
RevenueR10.37b
Cost of RevenueR9.51b
Gross ProfitR861.40m
ExpensesR772.65m
EarningsR88.75m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.29
Gross Margin8.30%
Net Profit Margin0.86%
Debt/Equity Ratio31.3%

How did HLM perform over the long term?

See historical performance and comparison

Valuation

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

16.37x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate HLM's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate HLM's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: HLM is poor value based on its PE Ratio (16.4x) compared to the ZA Metals and Mining industry average (6x).

PE vs Market: HLM is poor value based on its PE Ratio (16.4x) compared to the ZA market (10.9x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: HLM is good value based on its PB Ratio (0.6x) compared to the ZA Metals and Mining industry average (1.3x).


Future Growth

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

-11.6%

Forecasted Materials 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 Hulamin 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 Hulamin performed over the past 5 years?

-45.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HLM has a large one-off gain of ZAR44.3M impacting its June 30 2021 financial results.

Growing Profit Margin: HLM became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: HLM has become profitable over the past 5 years, growing earnings by -45.5% per year.

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

Earnings vs Industry: HLM has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (218.4%).


Return on Equity

High ROE: HLM's Return on Equity (3.6%) is considered low.


Financial Health

How is Hulamin's financial position?


Financial Position Analysis

Short Term Liabilities: HLM's short term assets (ZAR3.8B) exceed its short term liabilities (ZAR2.2B).

Long Term Liabilities: HLM's short term assets (ZAR3.8B) exceed its long term liabilities (ZAR249.4M).


Debt to Equity History and Analysis

Debt Level: HLM's net debt to equity ratio (25.6%) is considered satisfactory.

Reducing Debt: HLM's debt to equity ratio has increased from 24.8% to 31.3% over the past 5 years.

Debt Coverage: HLM's debt is not well covered by operating cash flow (4.4%).

Interest Coverage: HLM's interest payments on its debt are not well covered by EBIT (2x coverage).


Balance Sheet


Dividend

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


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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

11.5yrs

Average management tenure


CEO

Richard Jacob (55 yo)

11.5yrs

Tenure

R6,746,507

Compensation

Mr. Richard Gordon Jacob, BSc (Eng); MBA has been the Chief Executive Officer of Hulamin Limited since July 1, 2010. Mr. Jacob served as a Director of Can End and Painted at Hulett Aluminium (pty) Limited....


CEO Compensation Analysis

Compensation vs Market: Richard's total compensation ($USD447.60K) is above average for companies of similar size in the ZA market ($USD258.93K).

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


Leadership Team

Experienced Management: HLM's management team is seasoned and experienced (11.5 years average tenure).


Board Members

Experienced Board: HLM's board of directors are considered experienced (5.7 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

Hulamin Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Hulamin Limited
  • Ticker: HLM
  • Exchange: JSE
  • Founded: 1935
  • Industry: Aluminum
  • Sector: Materials
  • Implied Market Cap: R1.453b
  • Shares outstanding: 308.50m
  • Website: https://www.hulamin.com

Number of Employees


Location

  • Hulamin Limited
  • Moses Mabhida Road
  • PO Box 74
  • Pietermaritzburg
  • KwaZulu-Natal
  • 3200
  • South Africa

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/23 17:01
End of Day Share Price2022/01/21 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.