HA SUSTAINABLE INFRASTRUCTUR (HASI) Stock Fundamental Analysis
USA - NYSE:HASI - US41068X1000 - Common Stock
28.9 USD
+0.22 (+0.77%)
29 USD
+0.1 (+0.35%)
Taking everything into account, HASI scores 4 out of 10 in our fundamental rating. HASI was compared to 101 industry peers in the Financial Services industry. HASI has an average financial health and profitability rating. 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 had a positive cash flow from operations.
HASI had positive earnings in each of the past 5 years.
HASI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 2.68%, HASI is doing good in the industry, outperforming 65.35% of the companies in the same industry.
With a Return On Equity value of 8.10%, HASI perfoms like the industry average, outperforming 47.52% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.68% | ||
| ROE | 8.1% | ||
| ROIC | N/A |
ROA(3y)1.97%
ROA(5y)2.26%
ROE(3y)6.02%
ROE(5y)6.59%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
HASI has a Profit Margin of 55.56%. This is amongst the best in the industry. HASI outperforms 94.06% of its industry peers.
In the last couple of years the Profit Margin of HASI has declined.
HASI's Operating Margin has declined in the last couple of years.
HASI has a Gross Margin of 27.47%. This is comparable to the rest of the industry: HASI outperforms 45.54% of its industry peers.
In the last couple of years the Gross Margin of HASI has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 55.56% | ||
| GM | 27.47% |
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
HASI does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for HASI has been increased compared to 1 year ago.
The number of shares outstanding for HASI has been increased compared to 5 years ago.
HASI has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.86, we must say that HASI is in the distress zone and has some risk of bankruptcy.
HASI has a Altman-Z score (0.86) which is comparable to the rest of the industry.
The Debt to FCF ratio of HASI is 90.36, which is on the high side as it means it would take HASI, 90.36 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 90.36, HASI perfoms like the industry average, outperforming 43.56% of the companies in the same industry.
HASI has a Debt/Equity ratio of 1.88. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.88, HASI is doing worse than 64.36% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.88 | ||
| Debt/FCF | 90.36 | ||
| Altman-Z | 0.86 |
ROIC/WACCN/A
WACC7.26%
2.3 Liquidity
HASI has a Current Ratio of 10.81. This indicates that HASI is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of HASI (10.81) is better than 99.01% of its industry peers.
A Quick Ratio of 10.81 indicates that HASI has no problem at all paying its short term obligations.
With an excellent Quick ratio value of 10.81, HASI belongs to the best of the industry, outperforming 99.01% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 10.81 | ||
| Quick Ratio | 10.81 |
3. Growth
3.1 Past
The earnings per share for HASI have decreased by -3.25% in the last year.
HASI shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 11.68% yearly.
Looking at the last year, HASI shows a very negative growth in Revenue. The Revenue has decreased by -24.18% in the last year.
The Revenue has been growing by 22.06% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-3.25%
EPS 3Y9.23%
EPS 5Y11.68%
EPS Q2Q%-4.76%
Revenue 1Y (TTM)-24.18%
Revenue growth 3Y21.63%
Revenue growth 5Y22.06%
Sales Q2Q%-9.34%
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 8.97% on average per year.
The Revenue is expected to decrease by -7.17% on average over the next years.
EPS Next Y8.98%
EPS Next 2Y9.53%
EPS Next 3Y9.03%
EPS Next 5Y8.97%
Revenue Next Year6.15%
Revenue Next 2Y9.67%
Revenue Next 3Y11.56%
Revenue Next 5Y-7.17%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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 12.14, the valuation of HASI can be described as correct.
Based on the Price/Earnings ratio, HASI is valued a bit cheaper than 62.38% of the companies in the same industry.
HASI's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.38.
Based on the Price/Forward Earnings ratio of 9.83, the valuation of HASI can be described as reasonable.
Based on the Price/Forward Earnings ratio, HASI is valued a bit cheaper than the industry average as 60.40% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 22.86. HASI is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.14 | ||
| Fwd PE | 9.83 |
4.2 Price Multiples
The rest of the industry has a similar Price/Free Cash Flow ratio as HASI.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 68.62 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
HASI's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.35
PEG (5Y)1.04
EPS Next 2Y9.53%
EPS Next 3Y9.03%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.86%, HASI is a good candidate for dividend investing.
HASI's Dividend Yield is rather good when compared to the industry average which is at 4.86. HASI pays more dividend than 85.15% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.38, HASI pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.86% |
5.2 History
The dividend of HASI has a limited annual growth rate of 4.07%.
HASI has been paying a dividend for at least 10 years, so it has a reliable track record.
HASI has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)4.07%
Div Incr Years6
Div Non Decr Years11
5.3 Sustainability
HASI pays out 99.08% 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.
DP99.08%
EPS Next 2Y9.53%
EPS Next 3Y9.03%
28.9
+0.22 (+0.77%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)
Earnings (Next)
Inst Owners109.93%
Inst Owner Change-3.25%
Ins Owners1.97%
Ins Owner Change-0.18%
Market Cap3.58B
Analysts83.64
Price Target38.98 (34.88%)
Short Float %9.61%
Short Ratio10.9
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.86% |
Yearly Dividend1.66
Dividend Growth(5Y)4.07%
DP99.08%
Div Incr Years6
Div Non Decr Years11
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-2.33%
Min EPS beat(2)-6.3%
Max EPS beat(2)1.64%
EPS beat(4)2
Avg EPS beat(4)-1.1%
Min EPS beat(4)-6.3%
Max EPS beat(4)6.19%
EPS beat(8)5
Avg EPS beat(8)3.41%
EPS beat(12)5
Avg EPS beat(12)1.2%
EPS beat(16)8
Avg EPS beat(16)3.05%
Revenue beat(2)0
Avg Revenue beat(2)-4.89%
Min Revenue beat(2)-8.81%
Max Revenue beat(2)-0.96%
Revenue beat(4)1
Avg Revenue beat(4)0.48%
Min Revenue beat(4)-8.81%
Max Revenue beat(4)12.99%
Revenue beat(8)4
Avg Revenue beat(8)6.02%
Revenue beat(12)8
Avg Revenue beat(12)18.4%
Revenue beat(16)12
Avg Revenue beat(16)36.48%
PT rev (1m)-0.56%
PT rev (3m)-0.37%
EPS NQ rev (1m)0.54%
EPS NQ rev (3m)0.7%
EPS NY rev (1m)-0.26%
EPS NY rev (3m)-1.34%
Revenue NQ rev (1m)-0.32%
Revenue NQ rev (3m)0.46%
Revenue NY rev (1m)1.5%
Revenue NY rev (3m)-1.92%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.14 | ||
| Fwd PE | 9.83 | ||
| P/S | 9.79 | ||
| P/FCF | 68.62 | ||
| P/OCF | 68.62 | ||
| P/B | 1.43 | ||
| P/tB | 1.43 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.38
EY8.24%
EPS(NY)2.94
Fwd EY10.17%
FCF(TTM)0.42
FCFY1.46%
OCF(TTM)0.42
OCFY1.46%
SpS2.95
BVpS20.26
TBVpS20.26
PEG (NY)1.35
PEG (5Y)1.04
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.68% | ||
| ROE | 8.1% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 55.56% | ||
| GM | 27.47% | ||
| FCFM | 14.26% |
ROA(3y)1.97%
ROA(5y)2.26%
ROE(3y)6.02%
ROE(5y)6.59%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)0.47%
ROCE(5y)0.56%
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
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 Turnover0.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.88 | ||
| Debt/FCF | 90.36 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 25.67% | ||
| Current Ratio | 10.81 | ||
| Quick Ratio | 10.81 | ||
| Altman-Z | 0.86 |
F-Score3
WACC7.26%
ROIC/WACCN/A
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)-3.25%
EPS 3Y9.23%
EPS 5Y11.68%
EPS Q2Q%-4.76%
EPS Next Y8.98%
EPS Next 2Y9.53%
EPS Next 3Y9.03%
EPS Next 5Y8.97%
Revenue 1Y (TTM)-24.18%
Revenue growth 3Y21.63%
Revenue growth 5Y22.06%
Sales Q2Q%-9.34%
Revenue Next Year6.15%
Revenue Next 2Y9.67%
Revenue Next 3Y11.56%
Revenue Next 5Y-7.17%
EBIT growth 1Y-135.43%
EBIT growth 3Y12.76%
EBIT growth 5Y0.11%
EBIT Next Year-15.7%
EBIT Next 3Y7.75%
EBIT Next 5Y3.26%
FCF growth 1Y-40.9%
FCF growth 3Y-23.96%
FCF growth 5Y-27.64%
OCF growth 1Y-43.79%
OCF growth 3Y-23.96%
OCF growth 5Y-27.64%