HA SUSTAINABLE INFRASTRUCTUR (HASI) Stock Fundamental Analysis
NYSE:HASI - New York Stock Exchange, Inc. - US41068X1000 - Common Stock - Currency: USD
Overall HASI gets a fundamental rating of 5 out of 10. We evaluated HASI against 100 industry peers in the Financial Services industry. HASI has only an average score on both its financial health and profitability. HASI is not valued too expensively and it also shows a decent growth rate. HASI also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
HASI had positive earnings in the past year.
In the past year HASI has reported a negative cash flow from operations.
HASI had positive earnings in each of the past 5 years.
In the past 5 years HASI always reported a positive cash flow from operatings.
1.2 Ratios
HASI's Return On Assets of 3.41% is fine compared to the rest of the industry. HASI outperforms 69.00% of its industry peers.
The Return On Equity of HASI (10.64%) is comparable to the rest of the industry.
With a Return On Invested Capital value of 0.22%, HASI is not doing good in the industry: 71.00% of the companies in the same industry are doing better.
Measured over the past 3 years, the Average Return On Invested Capital for HASI is significantly below the industry average of 11.84%.
| 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
Looking at the Profit Margin, with a value of 52.98%, HASI belongs to the top of the industry, outperforming 94.00% of the companies in the same industry.
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: 70.00% of the companies in the same industry are doing better.
In the last couple of years the Operating Margin of HASI has declined.
HASI has a Gross Margin of 36.10%. This is comparable to the rest of the industry: HASI outperforms 52.00% of its industry peers.
HASI's Gross Margin has declined in the last couple of years.
| 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
HASI has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for HASI has been increased compared to 1 year ago.
Compared to 5 years ago, HASI has more shares outstanding
The debt/assets ratio for HASI has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.85, we must say that HASI is in the distress zone and has some risk of bankruptcy.
HASI has a Altman-Z score of 0.85. This is comparable to the rest of the industry: HASI outperforms 57.00% of its industry peers.
HASI has a Debt/Equity ratio of 1.97. This is a high value indicating a heavy dependency on external financing.
HASI has a worse Debt to Equity ratio (1.97) than 63.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.97 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.85 |
ROIC/WACC0.03
WACC7.37%
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's Current ratio of 11.04 is amongst the best of the industry. HASI outperforms 96.00% of its industry peers.
A Quick Ratio of 11.04 indicates that HASI has no problem at all paying its short term obligations.
The Quick ratio of HASI (11.04) is better than 96.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 11.04 | ||
| Quick Ratio | 11.04 |
3. Growth
3.1 Past
HASI shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 2.12%.
HASI shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 11.68% yearly.
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
The Earnings Per Share is expected to grow by 8.85% on average over the next years. This is quite good.
The Revenue is expected to decrease by -7.17% on average over the next years.
EPS Next Y9.26%
EPS Next 2Y9.63%
EPS Next 3Y9.2%
EPS Next 5Y8.85%
Revenue Next Year7.2%
Revenue Next 2Y10.6%
Revenue Next 3Y11.92%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 10.99 indicates a reasonable valuation of HASI.
Based on the Price/Earnings ratio, HASI is valued a bit cheaper than the industry average as 65.00% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 27.48, HASI is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 9.00, 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 63.00% of the companies are valued more expensively.
HASI is valuated cheaply when we compare the Price/Forward Earnings ratio to 36.52, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.99 | ||
| Fwd PE | 9 |
4.2 Price Multiples
73.00% of the companies in the same industry are cheaper than HASI, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 377.18 |
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)1.19
PEG (5Y)0.94
EPS Next 2Y9.63%
EPS Next 3Y9.2%
5. Dividend
5.1 Amount
HASI has a Yearly Dividend Yield of 6.07%, which is a nice return.
Compared to an average industry Dividend Yield of 4.86, HASI pays a better dividend. On top of this HASI pays more dividend than 88.00% 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 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.07% |
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 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
77.60% of the earnings are spent on dividend by HASI. This is not a sustainable payout ratio.
The dividend of HASI is growing, but earnings are growing more, so the dividend growth is sustainable.
DP77.6%
EPS Next 2Y9.63%
EPS Next 3Y9.2%
26.49
+0.45 (+1.73%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)
Earnings (Next)
Inst Owners112.89%
Inst Owner Change-0.19%
Ins Owners1.97%
Ins Owner Change-0.27%
Market Cap3.22B
Analysts83.64
Price Target39.12 (47.68%)
Short Float %9.91%
Short Ratio7.81
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.07% |
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)0%
PT rev (3m)-1.82%
EPS NQ rev (1m)-0.94%
EPS NQ rev (3m)0.66%
EPS NY rev (1m)-1.08%
EPS NY rev (3m)2.34%
Revenue NQ rev (1m)-0.89%
Revenue NQ rev (3m)-3.8%
Revenue NY rev (1m)-0.94%
Revenue NY rev (3m)-1.17%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.99 | ||
| Fwd PE | 9 | ||
| P/S | 6.7 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 1.34 | ||
| P/tB | 1.34 | ||
| EV/EBITDA | 377.18 |
EPS(TTM)2.41
EY9.1%
EPS(NY)2.94
Fwd EY11.12%
FCF(TTM)-0.43
FCFYN/A
OCF(TTM)-0.43
OCFYN/A
SpS3.96
BVpS19.71
TBVpS19.71
PEG (NY)1.19
PEG (5Y)0.94
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 | 0.85 |
F-Score3
WACC7.37%
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 Y9.26%
EPS Next 2Y9.63%
EPS Next 3Y9.2%
EPS Next 5Y8.85%
Revenue 1Y (TTM)34.76%
Revenue growth 3Y21.63%
Revenue growth 5Y22.06%
Sales Q2Q%-8.39%
Revenue Next Year7.2%
Revenue Next 2Y10.6%
Revenue Next 3Y11.92%
Revenue Next 5Y-7.17%
EBIT growth 1Y-59.91%
EBIT growth 3Y12.76%
EBIT growth 5Y0.11%
EBIT Next Year-13.53%
EBIT Next 3Y7.75%
EBIT Next 5Y3.69%
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%