HA SUSTAINABLE INFRASTRUCTUR (HASI) Stock Fundamental Analysis
NYSE:HASI - New York Stock Exchange, Inc. - US41068X1000 - Common Stock - Currency: USD
HASI gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 99 industry peers in the Financial Services industry. Both the profitability and the financial health of HASI get a neutral evaluation. Nothing too spectacular is happening here. HASI has a correct valuation and a medium growth rate. HASI also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year HASI was profitable.
In the past year HASI has reported a negative cash flow from operations.
In the past 5 years HASI has always been profitable.
Each year in the past 5 years HASI had a positive operating cash flow.
1.2 Ratios
HASI has a Return On Assets of 3.41%. This is in the better half of the industry: HASI outperforms 67.68% of its industry peers.
HASI's Return On Equity of 10.64% is in line compared to the rest of the industry. HASI outperforms 51.52% of its industry peers.
HASI has a worse Return On Invested Capital (0.22%) than 71.72% of its industry peers.
The Average Return On Invested Capital over the past 3 years for HASI is significantly below the industry average of 11.83%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.41% | ||
| ROE | 10.64% | ||
| ROIC | 0.22% |
ROA(3y)1.97%
ROA(5y)2.26%
ROE(3y)6.02%
ROE(5y)6.59%
ROIC(3y)0.37%
ROIC(5y)0.44%
1.3 Margins
HASI's Profit Margin of 52.98% is amongst the best of the industry. HASI outperforms 93.94% of its industry peers.
HASI's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 4.17%, HASI is not doing good in the industry: 70.71% of the companies in the same industry are doing better.
HASI's Operating Margin has declined in the last couple of years.
HASI has a Gross Margin (36.10%) which is comparable to the rest of the industry.
In the last couple of years the Gross Margin of HASI has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.17% | ||
| PM (TTM) | 52.98% | ||
| GM | 36.1% |
OM growth 3Y-7.29%
OM growth 5Y-17.98%
PM growth 3Y-4.26%
PM growth 5Y-1.79%
GM growth 3Y-4.98%
GM growth 5Y-7.58%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so HASI is destroying value.
The number of shares outstanding for HASI has been increased compared to 1 year ago.
HASI has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, HASI has an improved debt to assets ratio.
2.2 Solvency
HASI has an Altman-Z score of 0.83. This is a bad value and indicates that HASI is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of HASI (0.83) is comparable to the rest of the industry.
A Debt/Equity ratio of 1.97 is on the high side and indicates that HASI has dependencies on debt financing.
The Debt to Equity ratio of HASI (1.97) is worse than 63.64% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.97 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.83 |
ROIC/WACC0.03
WACC7.33%
2.3 Liquidity
HASI has a Current Ratio of 11.04. This indicates that HASI is financially healthy and has no problem in meeting its short term obligations.
HASI has a better Current ratio (11.04) than 95.96% of its industry peers.
A Quick Ratio of 11.04 indicates that HASI has no problem at all paying its short term obligations.
HASI's Quick ratio of 11.04 is amongst the best of the industry. HASI outperforms 95.96% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 11.04 | ||
| Quick Ratio | 11.04 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 2.12% over the past year.
The Earnings Per Share has been growing by 11.68% on average over the past years. This is quite good.
The Revenue has grown by 34.76% in the past year. This is a very strong growth!
HASI shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 22.06% yearly.
EPS 1Y (TTM)2.12%
EPS 3Y9.23%
EPS 5Y11.68%
EPS Q2Q%-5.88%
Revenue 1Y (TTM)34.76%
Revenue growth 3Y21.63%
Revenue growth 5Y22.06%
Sales Q2Q%-8.39%
3.2 Future
Based on estimates for the next years, HASI will show a quite strong growth in Earnings Per Share. The EPS will grow by 9.03% on average per year.
The Revenue is expected to decrease by -4.57% on average over the next years.
EPS Next Y10.46%
EPS Next 2Y10.19%
EPS Next 3Y9.2%
EPS Next 5Y9.03%
Revenue Next Year8.04%
Revenue Next 2Y11.17%
Revenue Next 3Y12.67%
Revenue Next 5Y-4.57%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 10.27, the valuation of HASI can be described as reasonable.
64.65% of the companies in the same industry are more expensive than HASI, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of HASI to the average of the S&P500 Index (26.25), we can say HASI is valued rather cheaply.
A Price/Forward Earnings ratio of 8.32 indicates a reasonable valuation of HASI.
Based on the Price/Forward Earnings ratio, HASI is valued a bit cheaper than 62.63% of the companies in the same industry.
HASI is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.15, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.27 | ||
| Fwd PE | 8.32 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of HASI indicates a slightly more expensive valuation: HASI is more expensive than 73.74% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 368.8 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.98
PEG (5Y)0.88
EPS Next 2Y10.19%
EPS Next 3Y9.2%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.60%, HASI is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 4.90, HASI pays a better dividend. On top of this HASI pays more dividend than 87.88% of the companies listed in the same industry.
HASI's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.6% |
5.2 History
The dividend of HASI has a limited annual growth rate of 4.07%.
HASI has paid a dividend for at least 10 years, which is a reliable track record.
HASI has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)4.07%
Div Incr Years6
Div Non Decr Years11
5.3 Sustainability
HASI pays out 77.60% of its income as dividend. This is not a sustainable payout ratio.
HASI's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP77.6%
EPS Next 2Y10.19%
EPS Next 3Y9.2%
NYSE:HASI (6/2/2025, 4:00:02 PM)
24.74
-0.31 (-1.24%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)
Earnings (Next)
Inst Owners112.24%
Inst Owner Change3.77%
Ins Owners2.38%
Ins Owner Change-0.27%
Market Cap3.00B
Analysts83.48
Price Target39.17 (58.33%)
Short Float %10.38%
Short Ratio10
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.6% |
Yearly Dividend1.66
Dividend Growth(5Y)4.07%
DP77.6%
Div Incr Years6
Div Non Decr Years11
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.92%
Min EPS beat(2)1.64%
Max EPS beat(2)6.19%
EPS beat(4)3
Avg EPS beat(4)3.21%
Min EPS beat(4)-5.93%
Max EPS beat(4)10.92%
EPS beat(8)5
Avg EPS beat(8)4.01%
EPS beat(12)6
Avg EPS beat(12)3.25%
EPS beat(16)9
Avg EPS beat(16)6.02%
Revenue beat(2)1
Avg Revenue beat(2)6.01%
Min Revenue beat(2)-0.96%
Max Revenue beat(2)12.99%
Revenue beat(4)2
Avg Revenue beat(4)6.86%
Min Revenue beat(4)-1.29%
Max Revenue beat(4)16.69%
Revenue beat(8)5
Avg Revenue beat(8)8.88%
Revenue beat(12)9
Avg Revenue beat(12)27.44%
Revenue beat(16)13
Avg Revenue beat(16)45.86%
PT rev (1m)1.43%
PT rev (3m)-2.08%
EPS NQ rev (1m)2.49%
EPS NQ rev (3m)5.32%
EPS NY rev (1m)3.43%
EPS NY rev (3m)3.1%
Revenue NQ rev (1m)-1.81%
Revenue NQ rev (3m)0.85%
Revenue NY rev (1m)-1.97%
Revenue NY rev (3m)1.3%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.27 | ||
| Fwd PE | 8.32 | ||
| P/S | 6.25 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 1.26 | ||
| P/tB | 1.26 | ||
| EV/EBITDA | 368.8 |
EPS(TTM)2.41
EY9.74%
EPS(NY)2.97
Fwd EY12.02%
FCF(TTM)-0.43
FCFYN/A
OCF(TTM)-0.43
OCFYN/A
SpS3.96
BVpS19.71
TBVpS19.71
PEG (NY)0.98
PEG (5Y)0.88
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.41% | ||
| ROE | 10.64% | ||
| ROCE | 0.28% | ||
| ROIC | 0.22% | ||
| ROICexc | 0.22% | ||
| ROICexgc | 0.22% | ||
| OM | 4.17% | ||
| PM (TTM) | 52.98% | ||
| GM | 36.1% | ||
| FCFM | N/A |
ROA(3y)1.97%
ROA(5y)2.26%
ROE(3y)6.02%
ROE(5y)6.59%
ROIC(3y)0.37%
ROIC(5y)0.44%
ROICexc(3y)0.38%
ROICexc(5y)0.46%
ROICexgc(3y)0.38%
ROICexgc(5y)0.47%
ROCE(3y)0.47%
ROCE(5y)0.56%
ROICexcg growth 3Y-6.75%
ROICexcg growth 5Y-19.12%
ROICexc growth 3Y-6.28%
ROICexc growth 5Y-18.91%
OM growth 3Y-7.29%
OM growth 5Y-17.98%
PM growth 3Y-4.26%
PM growth 5Y-1.79%
GM growth 3Y-4.98%
GM growth 5Y-7.58%
F-Score3
Asset Turnover0.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.97 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 226.27 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 0.09 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 11.04 | ||
| Quick Ratio | 11.04 | ||
| Altman-Z | 0.83 |
F-Score3
WACC7.33%
ROIC/WACC0.03
Cap/Depr(3y)38.01%
Cap/Depr(5y)N/A
Cap/Sales(3y)0.63%
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)2.12%
EPS 3Y9.23%
EPS 5Y11.68%
EPS Q2Q%-5.88%
EPS Next Y10.46%
EPS Next 2Y10.19%
EPS Next 3Y9.2%
EPS Next 5Y9.03%
Revenue 1Y (TTM)34.76%
Revenue growth 3Y21.63%
Revenue growth 5Y22.06%
Sales Q2Q%-8.39%
Revenue Next Year8.04%
Revenue Next 2Y11.17%
Revenue Next 3Y12.67%
Revenue Next 5Y-4.57%
EBIT growth 1Y-59.91%
EBIT growth 3Y12.76%
EBIT growth 5Y0.11%
EBIT Next Year-13.53%
EBIT Next 3Y7.75%
EBIT Next 5Y6.02%
FCF growth 1Y-168.31%
FCF growth 3Y-23.96%
FCF growth 5Y-27.64%
OCF growth 1Y-164.47%
OCF growth 3Y-23.96%
OCF growth 5Y-27.64%