HUDSON TECHNOLOGIES INC (HDSN) Stock Fundamental Analysis
NASDAQ:HDSN - Nasdaq - US4441441098 - Common Stock - Currency: USD
HDSN gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 49 industry peers in the Trading Companies & Distributors industry. While HDSN has a great health rating, its profitability is only average at the moment. HDSN has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year HDSN was profitable.
HDSN had a positive operating cash flow in the past year.
HDSN had positive earnings in 4 of the past 5 years.
Of the past 5 years HDSN 4 years had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 8.06%, HDSN is doing good in the industry, outperforming 73.47% of the companies in the same industry.
HDSN's Return On Equity of 9.92% is in line compared to the rest of the industry. HDSN outperforms 48.98% of its industry peers.
The Return On Invested Capital of HDSN (8.68%) is better than 65.31% of its industry peers.
HDSN had an Average Return On Invested Capital over the past 3 years of 26.20%. This is significantly above the industry average of 9.16%.
The last Return On Invested Capital (8.68%) for HDSN is well below the 3 year average (26.20%), which needs to be investigated, but indicates that HDSN had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.06% | ||
| ROE | 9.92% | ||
| ROIC | 8.68% |
ROA(3y)21.25%
ROA(5y)15.1%
ROE(3y)30.7%
ROE(5y)24.97%
ROIC(3y)26.2%
ROIC(5y)20.28%
1.3 Margins
HDSN has a better Profit Margin (10.29%) than 81.63% of its industry peers.
HDSN's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 12.36%, HDSN is in the better half of the industry, outperforming 73.47% of the companies in the same industry.
HDSN's Operating Margin has declined in the last couple of years.
HDSN has a Gross Margin (27.71%) which is in line with its industry peers.
In the last couple of years the Gross Margin of HDSN has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.36% | ||
| PM (TTM) | 10.29% | ||
| GM | 27.71% |
OM growth 3Y-17.43%
OM growth 5YN/A
PM growth 3Y-15.02%
PM growth 5YN/A
GM growth 3Y-9.36%
GM growth 5Y21.17%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so HDSN is creating value.
HDSN has less shares outstanding than it did 1 year ago.
HDSN has more shares outstanding than it did 5 years ago.
HDSN has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
An Altman-Z score of 5.42 indicates that HDSN is not in any danger for bankruptcy at the moment.
HDSN has a Altman-Z score of 5.42. This is amongst the best in the industry. HDSN outperforms 85.71% of its industry peers.
There is no outstanding debt for HDSN. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 5.42 |
ROIC/WACC0.9
WACC9.69%
2.3 Liquidity
HDSN has a Current Ratio of 4.09. This indicates that HDSN is financially healthy and has no problem in meeting its short term obligations.
HDSN's Current ratio of 4.09 is amongst the best of the industry. HDSN outperforms 83.67% of its industry peers.
HDSN has a Quick Ratio of 2.08. This indicates that HDSN is financially healthy and has no problem in meeting its short term obligations.
HDSN has a better Quick ratio (2.08) than 79.59% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.09 | ||
| Quick Ratio | 2.08 |
3. Growth
3.1 Past
The earnings per share for HDSN have decreased strongly by -56.03% in the last year.
The earnings per share for HDSN have been decreasing by -10.44% on average. This is quite bad
The Revenue for HDSN has decreased by -17.97% in the past year. This is quite bad
Measured over the past years, HDSN shows a small growth in Revenue. The Revenue has been growing by 7.90% on average per year.
EPS 1Y (TTM)-56.03%
EPS 3Y-10.44%
EPS 5YN/A
EPS Q2Q%-175%
Revenue 1Y (TTM)-17.97%
Revenue growth 3Y7.16%
Revenue growth 5Y7.9%
Sales Q2Q%-22.77%
3.2 Future
HDSN is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 5.17% yearly.
The Revenue is expected to grow by 1.97% on average over the next years.
EPS Next Y-19.85%
EPS Next 2Y5.17%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-5.77%
Revenue Next 2Y1.97%
Revenue Next 3YN/A
Revenue Next 5YN/A
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 accelerating.
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
With a Price/Earnings ratio of 13.12, HDSN is valued correctly.
85.71% of the companies in the same industry are more expensive than HDSN, based on the Price/Earnings ratio.
HDSN's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.88.
Based on the Price/Forward Earnings ratio of 16.37, the valuation of HDSN can be described as correct.
HDSN's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 21.20. HDSN is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.12 | ||
| Fwd PE | 16.37 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, HDSN is valued cheaper than 85.71% of the companies in the same industry.
HDSN's Price/Free Cash Flow ratio is rather cheap when compared to the industry. HDSN is cheaper than 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.4 | ||
| EV/EBITDA | 6.29 |
4.3 Compensation for Growth
HDSN has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y5.17%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for HDSN!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
6.69
-0.02 (-0.3%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryTrading Companies & Distributors
Earnings (Last)
Earnings (Next)
Inst Owners74.33%
Inst Owner Change-0.82%
Ins Owners12%
Ins Owner Change0.02%
Market Cap294.56M
Analysts48.89
Price Target6.69 (0%)
Short Float %2.07%
Short Ratio1.62
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-241.46%
Min EPS beat(2)-488.23%
Max EPS beat(2)5.32%
EPS beat(4)2
Avg EPS beat(4)-126.27%
Min EPS beat(4)-488.23%
Max EPS beat(4)5.32%
EPS beat(8)5
Avg EPS beat(8)-58.46%
EPS beat(12)9
Avg EPS beat(12)18.2%
EPS beat(16)13
Avg EPS beat(16)72.2%
Revenue beat(2)0
Avg Revenue beat(2)-9.33%
Min Revenue beat(2)-10.52%
Max Revenue beat(2)-8.14%
Revenue beat(4)1
Avg Revenue beat(4)-6.11%
Min Revenue beat(4)-10.52%
Max Revenue beat(4)0.99%
Revenue beat(8)2
Avg Revenue beat(8)-4.74%
Revenue beat(12)6
Avg Revenue beat(12)4.65%
Revenue beat(16)9
Avg Revenue beat(16)6.6%
PT rev (1m)-7.89%
PT rev (3m)-10.26%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-37.5%
EPS NY rev (1m)0%
EPS NY rev (3m)-9.49%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-3.09%
Revenue NY rev (1m)-5.2%
Revenue NY rev (3m)-5.2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.12 | ||
| Fwd PE | 16.37 | ||
| P/S | 1.24 | ||
| P/FCF | 3.4 | ||
| P/OCF | 3.21 | ||
| P/B | 1.2 | ||
| P/tB | 1.74 | ||
| EV/EBITDA | 6.29 |
EPS(TTM)0.51
EY7.62%
EPS(NY)0.41
Fwd EY6.11%
FCF(TTM)1.96
FCFY29.37%
OCF(TTM)2.09
OCFY31.17%
SpS5.39
BVpS5.58
TBVpS3.85
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.06% | ||
| ROE | 9.92% | ||
| ROCE | 11.5% | ||
| ROIC | 8.68% | ||
| ROICexc | 11.98% | ||
| ROICexgc | 20.42% | ||
| OM | 12.36% | ||
| PM (TTM) | 10.29% | ||
| GM | 27.71% | ||
| FCFM | 36.48% |
ROA(3y)21.25%
ROA(5y)15.1%
ROE(3y)30.7%
ROE(5y)24.97%
ROIC(3y)26.2%
ROIC(5y)20.28%
ROICexc(3y)28.13%
ROICexc(5y)21.53%
ROICexgc(3y)41.04%
ROICexgc(5y)33.11%
ROCE(3y)34.71%
ROCE(5y)27.37%
ROICexcg growth 3Y-15.43%
ROICexcg growth 5YN/A
ROICexc growth 3Y-15.17%
ROICexc growth 5YN/A
OM growth 3Y-17.43%
OM growth 5YN/A
PM growth 3Y-15.02%
PM growth 5YN/A
GM growth 3Y-9.36%
GM growth 5Y21.17%
F-Score6
Asset Turnover0.78
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 82.98% | ||
| Cap/Sales | 2.24% | ||
| Interest Coverage | 42.47 | ||
| Cash Conversion | 257.26% | ||
| Profit Quality | 354.73% | ||
| Current Ratio | 4.09 | ||
| Quick Ratio | 2.08 | ||
| Altman-Z | 5.42 |
F-Score6
WACC9.69%
ROIC/WACC0.9
Cap/Depr(3y)68.73%
Cap/Depr(5y)52.28%
Cap/Sales(3y)1.53%
Cap/Sales(5y)1.32%
Profit Quality(3y)172.31%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-56.03%
EPS 3Y-10.44%
EPS 5YN/A
EPS Q2Q%-175%
EPS Next Y-19.85%
EPS Next 2Y5.17%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-17.97%
Revenue growth 3Y7.16%
Revenue growth 5Y7.9%
Sales Q2Q%-22.77%
Revenue Next Year-5.77%
Revenue Next 2Y1.97%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-62.55%
EBIT growth 3Y-11.52%
EBIT growth 5YN/A
EBIT Next Year-9.86%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y57.39%
FCF growth 3YN/A
FCF growth 5Y21.4%
OCF growth 1Y56.82%
OCF growth 3YN/A
OCF growth 5Y22.11%