HALLADOR ENERGY CO (HNRG) Stock Fundamental Analysis
NASDAQ:HNRG - US40609P1057 - Common Stock
16.38 USD
+0.07 (+0.43%)
16.38 USD
0 (0%)
We assign a fundamental rating of 3 out of 10 to HNRG. HNRG was compared to 208 industry peers in the Oil, Gas & Consumable Fuels industry. The financial health of HNRG is average, but there are quite some concerns on its profitability. While showing a medium growth rate, HNRG is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year HNRG was profitable.
HNRG had a positive operating cash flow in the past year.
In multiple years HNRG reported negative net income over the last 5 years.
In the past 5 years HNRG always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of -47.86%, HNRG is doing worse than 95.19% of the companies in the same industry.
With a Return On Equity value of -160.46%, HNRG is not doing good in the industry: 90.38% of the companies in the same industry are doing better.
HNRG has a better Return On Invested Capital (13.61%) than 89.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -47.86% | ||
| ROE | -160.46% | ||
| ROIC | 13.61% |
ROA(3y)-16.84%
ROA(5y)-10.64%
ROE(3y)-63.69%
ROE(5y)-39.29%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
HNRG has a Operating Margin of 7.14%. This is in the lower half of the industry: HNRG underperforms 66.35% of its industry peers.
With a Gross Margin value of 46.13%, HNRG perfoms like the industry average, outperforming 54.33% of the companies in the same industry.
In the last couple of years the Gross Margin of HNRG has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.14% | ||
| PM (TTM) | N/A | ||
| GM | 46.14% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y26.26%
GM growth 5Y11.99%
2. Health
2.1 Basic Checks
HNRG has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
HNRG has more shares outstanding than it did 1 year ago.
The number of shares outstanding for HNRG has been increased compared to 5 years ago.
HNRG has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.30 indicates that HNRG is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of HNRG (2.30) is better than 73.56% of its industry peers.
HNRG has a debt to FCF ratio of 2.15. This is a good value and a sign of high solvency as HNRG would need 2.15 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 2.15, HNRG belongs to the best of the industry, outperforming 81.25% of the companies in the same industry.
HNRG has a Debt/Equity ratio of 0.25. This is a healthy value indicating a solid balance between debt and equity.
HNRG has a better Debt to Equity ratio (0.25) than 67.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.25 | ||
| Debt/FCF | 2.15 | ||
| Altman-Z | 2.3 |
ROIC/WACC1.37
WACC9.93%
2.3 Liquidity
A Current Ratio of 0.67 indicates that HNRG may have some problems paying its short term obligations.
The Current ratio of HNRG (0.67) is worse than 78.85% of its industry peers.
A Quick Ratio of 0.26 indicates that HNRG may have some problems paying its short term obligations.
HNRG has a Quick ratio of 0.26. This is amonst the worse of the industry: HNRG underperforms 92.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.67 | ||
| Quick Ratio | 0.26 |
3. Growth
3.1 Past
HNRG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 340.00%, which is quite impressive.
HNRG shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -13.52%.
HNRG shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.76% yearly.
EPS 1Y (TTM)340%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%185.19%
Revenue 1Y (TTM)-13.52%
Revenue growth 3Y17.75%
Revenue growth 5Y4.76%
Sales Q2Q%13.17%
3.2 Future
The Earnings Per Share is expected to grow by 34.83% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 6.78% on average over the next years.
EPS Next Y191.33%
EPS Next 2Y85.98%
EPS Next 3Y58.96%
EPS Next 5Y34.83%
Revenue Next Year7.26%
Revenue Next 2Y5.85%
Revenue Next 3Y12.24%
Revenue Next 5Y6.78%
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
HNRG is valuated quite expensively with a Price/Earnings ratio of 45.50.
Based on the Price/Earnings ratio, HNRG is valued a bit more expensive than 66.35% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.17. HNRG is valued rather expensively when compared to this.
With a Price/Forward Earnings ratio of 26.11, HNRG can be considered very expensive at the moment.
Based on the Price/Forward Earnings ratio, HNRG is valued a bit more expensive than the industry average as 62.98% of the companies are valued more cheaply.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.78, HNRG is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 45.5 | ||
| Fwd PE | 26.11 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of HNRG is on the same level as its industry peers.
HNRG's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.34 | ||
| EV/EBITDA | 8.59 |
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.
HNRG's earnings are expected to grow with 58.96% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.24
PEG (5Y)N/A
EPS Next 2Y85.98%
EPS Next 3Y58.96%
5. Dividend
5.1 Amount
HNRG does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
16.38
+0.07 (+0.43%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners65.33%
Inst Owner Change5.71%
Ins Owners6.37%
Ins Owner Change1.53%
Market Cap704.50M
Analysts82.22
Price Target21.76 (32.84%)
Short Float %7.48%
Short Ratio3.3
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)247.06%
Min EPS beat(2)247.06%
Max EPS beat(2)247.06%
EPS beat(4)3
Avg EPS beat(4)154.72%
Min EPS beat(4)-14.44%
Max EPS beat(4)247.06%
EPS beat(8)4
Avg EPS beat(8)31.76%
EPS beat(12)7
Avg EPS beat(12)74.47%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)12.13%
Min Revenue beat(2)7.25%
Max Revenue beat(2)17%
Revenue beat(4)2
Avg Revenue beat(4)2.24%
Min Revenue beat(4)-12.05%
Max Revenue beat(4)17%
Revenue beat(8)3
Avg Revenue beat(8)-2.61%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)3.23%
PT rev (3m)42.22%
EPS NQ rev (1m)-357.18%
EPS NQ rev (3m)-152.63%
EPS NY rev (1m)388.76%
EPS NY rev (3m)161.11%
Revenue NQ rev (1m)5.74%
Revenue NQ rev (3m)12.74%
Revenue NY rev (1m)8.83%
Revenue NY rev (3m)8.75%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 45.5 | ||
| Fwd PE | 26.11 | ||
| P/S | 1.68 | ||
| P/FCF | 27.34 | ||
| P/OCF | 9.29 | ||
| P/B | 5.77 | ||
| P/tB | 5.77 | ||
| EV/EBITDA | 8.59 |
EPS(TTM)0.36
EY2.2%
EPS(NY)0.63
Fwd EY3.83%
FCF(TTM)0.6
FCFY3.66%
OCF(TTM)1.76
OCFY10.76%
SpS9.76
BVpS2.84
TBVpS2.84
PEG (NY)0.24
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -47.86% | ||
| ROE | -160.46% | ||
| ROCE | 14.96% | ||
| ROIC | 13.61% | ||
| ROICexc | 14.26% | ||
| ROICexgc | 14.26% | ||
| OM | 7.14% | ||
| PM (TTM) | N/A | ||
| GM | 46.14% | ||
| FCFM | 6.14% |
ROA(3y)-16.84%
ROA(5y)-10.64%
ROE(3y)-63.69%
ROE(5y)-39.29%
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)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y26.26%
GM growth 5Y11.99%
F-Score5
Asset Turnover1.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.25 | ||
| Debt/FCF | 2.15 | ||
| Debt/EBITDA | 0.36 | ||
| Cap/Depr | 87.74% | ||
| Cap/Sales | 11.92% | ||
| Interest Coverage | 4.3 | ||
| Cash Conversion | 87.14% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.67 | ||
| Quick Ratio | 0.26 | ||
| Altman-Z | 2.3 |
F-Score5
WACC9.93%
ROIC/WACC1.37
Cap/Depr(3y)102.89%
Cap/Depr(5y)86.21%
Cap/Sales(3y)13.33%
Cap/Sales(5y)11.96%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)340%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%185.19%
EPS Next Y191.33%
EPS Next 2Y85.98%
EPS Next 3Y58.96%
EPS Next 5Y34.83%
Revenue 1Y (TTM)-13.52%
Revenue growth 3Y17.75%
Revenue growth 5Y4.76%
Sales Q2Q%13.17%
Revenue Next Year7.26%
Revenue Next 2Y5.85%
Revenue Next 3Y12.24%
Revenue Next 5Y6.78%
EBIT growth 1Y233.72%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year822.49%
EBIT Next 3Y184.99%
EBIT Next 5Y105.38%
FCF growth 1Y-29.21%
FCF growth 3Y-14.23%
FCF growth 5Y35.91%
OCF growth 1Y-22.73%
OCF growth 3Y11.19%
OCF growth 5Y11.51%