HALLADOR ENERGY CO (HNRG) Stock Fundamental Analysis
USA - NASDAQ:HNRG - US40609P1057 - Common Stock
19.49 USD
+0.33 (+1.72%)
19.49 USD
0 (0%)
Overall HNRG gets a fundamental rating of 4 out of 10. We evaluated HNRG against 20 industry peers in the Independent Power and Renewable Electricity Producers industry. While HNRG seems to be doing ok healthwise, there are quite some concerns on its profitability. HNRG has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
HNRG had positive earnings in the past year.
In the past year HNRG had a positive cash flow from operations.
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
HNRG has a worse Return On Assets (-47.86%) than 85.00% of its industry peers.
The Return On Equity of HNRG (-160.46%) is worse than 80.00% of its industry peers.
HNRG's Return On Invested Capital of 13.61% is amongst the best of the industry. HNRG outperforms 100.00% 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
The Operating Margin of HNRG (7.14%) is worse than 60.00% of its industry peers.
HNRG's Gross Margin of 46.13% is in line compared to the rest of the industry. HNRG outperforms 50.00% of its industry peers.
HNRG's Gross Margin has improved in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), HNRG is creating some value.
HNRG has more shares outstanding than it did 1 year ago.
HNRG has more shares outstanding than it did 5 years ago.
The debt/assets ratio for HNRG has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.58 indicates that HNRG is not a great score, but indicates only limited risk for bankruptcy at the moment.
HNRG has a Altman-Z score of 2.58. This is amongst the best in the industry. HNRG outperforms 90.00% 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.
HNRG's Debt to FCF ratio of 2.15 is amongst the best of the industry. HNRG outperforms 100.00% of its industry peers.
HNRG has a Debt/Equity ratio of 0.25. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of HNRG (0.25) is better than 80.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.25 | ||
| Debt/FCF | 2.15 | ||
| Altman-Z | 2.58 |
ROIC/WACC1.52
WACC8.98%
2.3 Liquidity
HNRG has a Current Ratio of 0.67. This is a bad value and indicates that HNRG is not financially healthy enough and could expect problems in meeting its short term obligations.
HNRG's Current ratio of 0.67 is on the low side compared to the rest of the industry. HNRG is outperformed by 75.00% of its industry peers.
A Quick Ratio of 0.26 indicates that HNRG may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.26, HNRG is doing worse than 95.00% of the companies in the same industry.
| 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%.
Measured over the past years, HNRG shows a small growth in Revenue. The Revenue has been growing by 4.76% on average per year.
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
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 54.14, HNRG can be considered very expensive at the moment.
Based on the Price/Earnings ratio, HNRG is valued a bit cheaper than the industry average as 65.00% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of HNRG to the average of the S&P500 Index (27.38), we can say HNRG is valued expensively.
With a Price/Forward Earnings ratio of 31.07, HNRG can be considered very expensive at the moment.
70.00% of the companies in the same industry are more expensive than HNRG, based on the Price/Forward Earnings ratio.
HNRG is valuated rather expensively when we compare the Price/Forward Earnings ratio to 22.86, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 54.14 | ||
| Fwd PE | 31.07 |
4.2 Price Multiples
80.00% of the companies in the same industry are more expensive than HNRG, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of HNRG indicates a rather cheap valuation: HNRG is cheaper than 85.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 32.53 | ||
| EV/EBITDA | 10.16 |
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.
A more expensive valuation may be justified as HNRG's earnings are expected to grow with 58.96% in the coming years.
PEG (NY)0.28
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 |
19.49
+0.33 (+1.72%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)
Earnings (Next)
Inst Owners65.33%
Inst Owner Change5.71%
Ins Owners6.37%
Ins Owner Change1.53%
Market Cap838.26M
Analysts80
Price Target21.76 (11.65%)
Short Float %7.46%
Short Ratio3.54
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)3.23%
EPS NQ rev (1m)108.33%
EPS NQ rev (3m)-78.57%
EPS NY rev (1m)0%
EPS NY rev (3m)388.76%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)5.74%
Revenue NY rev (1m)0%
Revenue NY rev (3m)8.83%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 54.14 | ||
| Fwd PE | 31.07 | ||
| P/S | 2 | ||
| P/FCF | 32.53 | ||
| P/OCF | 11.06 | ||
| P/B | 6.86 | ||
| P/tB | 6.86 | ||
| EV/EBITDA | 10.16 |
EPS(TTM)0.36
EY1.85%
EPS(NY)0.63
Fwd EY3.22%
FCF(TTM)0.6
FCFY3.07%
OCF(TTM)1.76
OCFY9.05%
SpS9.76
BVpS2.84
TBVpS2.84
PEG (NY)0.28
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 | 2.58 |
F-Score5
WACC8.98%
ROIC/WACC1.52
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%