| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 1/6 |
| Financial Health | 4/6 |
| Dividends | 2/6 |
FTH Overview
Frontier Transport Holdings Limited, an investment holding company, operates in the commuter transport sector.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | R5.75 |
| 52 Week High | R2.90 |
| 52 Week Low | R5.75 |
| Beta | 0.30 |
| 1 Month Change | 51.32% |
| 3 Month Change | 53.33% |
| 1 Year Change | 81.96% |
| 3 Year Change | 11.22% |
| 5 Year Change | n/a |
| Change since IPO | 15.00% |
Recent News & Updates
The Returns On Capital At Frontier Transport Holdings (JSE:FTH) Don't Inspire Confidence
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...
Is Hosken Passenger Logistics and Rail (JSE:HPR) A Risky Investment?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Shareholder Returns
| FTH | ZA Transportation | ZA Market | |
|---|---|---|---|
| 7D | 15.0% | 2.9% | 0.9% |
| 1Y | 82.0% | 26.3% | 19.9% |
Return vs Industry: FTH exceeded the ZA Transportation industry which returned 26.3% over the past year.
Return vs Market: FTH exceeded the ZA Market which returned 19.9% over the past year.
Price Volatility
| FTH volatility | |
|---|---|
| FTH Beta | 0.30 |
| Industry Beta | 0.98 |
| Market Beta | 1 |
Stable Share Price: FTH is more volatile than 90% of ZA stocks over the past 3 months, typically moving +/- 17% a week.
Volatility Over Time: FTH's weekly volatility (17%) has been stable over the past year, but is still higher than 75% of ZA stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2015 | 2,565 | Francois Meyer | https://www.hplr.co.za |
Frontier Transport Holdings Limited, an investment holding company, operates in the commuter transport sector. It operates buses for scheduled passenger services; and commuter buses and luxury coaches in the schools and tourism markets. The company was formerly known as Hosken Passenger Logistics and Rail Limited and changed its name to Frontier Transport Holdings Limited in September 2021.
Frontier Transport Holdings Fundamentals Summary
| FTH fundamental statistics | |
|---|---|
| Market Cap | R1.67b |
| Earnings (TTM) | R204.80m |
| Revenue (TTM) | R1.66b |
8.1x
P/E Ratio1.0x
P/S RatioIs FTH overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FTH income statement (TTM) | |
|---|---|
| Revenue | R1.66b |
| Cost of Revenue | R1.27b |
| Gross Profit | R386.73m |
| Expenses | R181.93m |
| Earnings | R204.80m |
Last Reported Earnings
Mar 31, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.71 |
| Gross Margin | 23.34% |
| Net Profit Margin | 12.36% |
| Debt/Equity Ratio | 28.4% |
How did FTH perform over the long term?
See historical performance and comparisonDividends
7.7%
Current Dividend Yield62%
Payout RatioValuation
Is Frontier Transport Holdings undervalued compared to its fair value and its price relative to the market?
45.0%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FTH (ZAR5.75) is trading below our estimate of fair value (ZAR10.45)
Significantly Below Fair Value: FTH is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: FTH is good value based on its PE Ratio (8.1x) compared to the Global Transportation industry average (16.8x).
PE vs Market: FTH is good value based on its PE Ratio (8.1x) compared to the ZA market (11.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate FTH's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FTH is overvalued based on its PB Ratio (1.3x) compared to the XF Transportation industry average (0.5x).
Future Growth
How is Frontier Transport Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
24.8%
Forecasted Transportation 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 Frontier Transport Holdings 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 Frontier Transport Holdings performed over the past 5 years?
-1.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FTH has high quality earnings.
Growing Profit Margin: FTH's current net profit margins (12.4%) are lower than last year (12.6%).
Past Earnings Growth Analysis
Earnings Trend: FTH's earnings have declined by 1.7% per year over the past 5 years.
Accelerating Growth: FTH's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: FTH had negative earnings growth (-21.5%) over the past year, making it difficult to compare to the Transportation industry average (20.5%).
Return on Equity
High ROE: FTH's Return on Equity (15.5%) is considered low.
Financial Health
How is Frontier Transport Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: FTH's short term assets (ZAR588.6M) exceed its short term liabilities (ZAR420.7M).
Long Term Liabilities: FTH's short term assets (ZAR588.6M) do not cover its long term liabilities (ZAR597.4M).
Debt to Equity History and Analysis
Debt Level: FTH's debt to equity ratio (28.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if FTH's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: FTH's debt is well covered by operating cash flow (90.2%).
Interest Coverage: FTH's interest payments on its debt are well covered by EBIT (17.6x coverage).
Balance Sheet
Dividend
What is Frontier Transport Holdings's current dividend yield, its reliability and sustainability?
7.65%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FTH's dividend (7.65%) is higher than the bottom 25% of dividend payers in the ZA market (3.08%).
High Dividend: FTH's dividend (7.65%) is low compared to the top 25% of dividend payers in the ZA market (8.02%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, FTH has been paying a dividend for less than 10 years.
Growing Dividend: FTH's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (62.3%), FTH's dividend payments are 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.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.6yrs
Average board tenure
CEO
Francois Meyer (59 yo)
3.58yrs
Tenure
R9,285,000
Compensation
Mr. Francois Eckhard Meyer, Dip Trans B.Comm, MBA, has been the Chief Executive Officer of Golden Arrow Bus Services (Pty) Ltd. (GABS) since 2015 and serves as its Director. Mr. Meyer serves as Chief Execu...
CEO Compensation Analysis
Compensation vs Market: Francois's total compensation ($USD636.91K) is above average for companies of similar size in the ZA market ($USD283.52K).
Compensation vs Earnings: Francois's compensation has been consistent with company performance over the past year.
Board Members
Experienced Board: FTH's board of directors are considered experienced (3.6 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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Frontier Transport Holdings Limited's employee growth, exchange listings and data sources
Key Information
- Name: Frontier Transport Holdings Limited
- Ticker: FTH
- Exchange: JSE
- Founded: 2015
- Industry: Trucking
- Sector: Transportation
- Market Cap: R1.668b
- Shares outstanding: 290.00m
- Website: https://www.hplr.co.za
Number of Employees
Location
- Frontier Transport Holdings Limited
- 103 Bofors Circle
- Epping Industria
- Cape Town
- Western Cape
- 7460
- South Africa
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/21 21:05 |
| End of Day Share Price | 2021/10/21 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2021/03/31 |
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.