HIGHLAND OPPORTUNITIES AND I (HFRO)
US43010E4044
HFRO gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 0 industry peers in the Unkown industry. While HFRO seems to be doing ok healthwise, there are quite some concerns on its profitability. HFRO is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
HFRO had negative earnings in the past year.
In the past year HFRO had a positive cash flow from operations.
HFRO had positive earnings in 4 of the past 5 years.
HFRO had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The 3 year average ROIC (3.86%) for HFRO is below the current ROIC(4.04%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -5.37% | ||
| ROE | -5.51% | ||
| ROIC | 4.04% |
ROA(3y)4.15%
ROA(5y)3.37%
ROE(3y)4.31%
ROE(5y)3.72%
ROIC(3y)3.86%
ROIC(5y)3.27%
1.3 Margins
HFRO's Operating Margin has declined in the last couple of years.
HFRO's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 72.3% | ||
| PM (TTM) | N/A | ||
| GM | 83.25% |
OM growth 3Y8.37%
OM growth 5Y-3.39%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y6.6%
GM growth 5Y0.35%
2. Health
2.1 Basic Checks
HFRO has more shares outstanding than it did 1 year ago.
HFRO has less shares outstanding than it did 5 years ago.
HFRO has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 9.18 indicates that HFRO is not in any danger for bankruptcy at the moment.
HFRO has a debt to FCF ratio of 0.55. This is a very positive value and a sign of high solvency as it would only need 0.55 years to pay back of all of its debts.
A Debt/Equity ratio of 0.02 indicates that HFRO is not too dependend on debt financing.
Although HFRO does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.55 | ||
| Altman-Z | 9.18 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
HFRO has a Current Ratio of 1.90. This is a normal value and indicates that HFRO is financially healthy and should not expect problems in meeting its short term obligations.
A Quick Ratio of 1.90 indicates that HFRO should not have too much problems paying its short term obligations.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.9 | ||
| Quick Ratio | 1.9 |
3. Growth
3.1 Past
HFRO shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -135.54%.
Looking at the last year, HFRO shows a very negative growth in Revenue. The Revenue has decreased by -31.29% in the last year.
Measured over the past years, HFRO shows a decrease in Revenue. The Revenue has been decreasing by -4.52% on average per year.
EPS 1Y (TTM)-135.54%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q-87.42%
Revenue 1Y (TTM)-31.29%
Revenue growth 3Y-3.97%
Revenue growth 5Y-4.52%
Revenue growth Q2Q-44.78%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for HFRO. In the last year negative earnings were reported.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.33 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 9.90%, HFRO is a good candidate for dividend investing.
HFRO's Dividend Yield is rather good when compared to the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.9% |
5.2 History
HFRO has been paying a dividend for over 5 years, so it has already some track record.
As HFRO did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years5
5.3 Sustainability
The earnings of HFRO are negative and hence is the payout ratio. HFRO will probably not be able to sustain this dividend level.
DP-103.99%
EPS Next 2YN/A
EPS Next 3YN/A
HIGHLAND OPPORTUNITIES AND I
NYSE:HFRO (5/3/2024, 7:04:00 PM)
6.61
+0.2 (+3.12%)
Chartmill FA Rating
GICS SectorN/A
GICS IndustryGroupN/A
GICS IndustryN/A
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap450.54M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.9% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -5.37% | ||
| ROE | -5.51% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 72.3% | ||
| PM (TTM) | N/A | ||
| GM | 83.25% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.07
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.9 | ||
| Quick Ratio | 1.9 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-135.54%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next YN/A
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-31.29%
Revenue growth 3Y-3.97%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y