HALLADOR ENERGY CO (HNRG) Stock Fundamental Analysis
NASDAQ:HNRG - Nasdaq - US40609P1057 - Common Stock - Currency: USD
Overall HNRG gets a fundamental rating of 3 out of 10. We evaluated HNRG against 208 industry peers in the Oil, Gas & Consumable Fuels industry. HNRG scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. HNRG does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
In the past year HNRG has reported negative net income.
In the past year HNRG had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: HNRG reported negative net income in multiple years.
Each year in the past 5 years HNRG had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of -58.58%, HNRG is doing worse than 96.15% of the companies in the same industry.
With a Return On Equity value of -185.93%, HNRG is not doing good in the industry: 90.87% of the companies in the same industry are doing better.
HNRG has a Return On Invested Capital of 5.23%. This is comparable to the rest of the industry: HNRG outperforms 42.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -58.58% | ||
| ROE | -185.93% | ||
| ROIC | 5.23% |
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
With a Operating Margin value of 2.66%, HNRG is not doing good in the industry: 71.63% of the companies in the same industry are doing better.
Looking at the Gross Margin, with a value of 43.45%, HNRG is in line with its industry, outperforming 51.44% 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 | 2.66% | ||
| PM (TTM) | N/A | ||
| GM | 43.45% |
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) below the Cost of Capital (WACC), HNRG is destroying 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 2.44 indicates that HNRG is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.44, HNRG is in the better half of the industry, outperforming 75.96% of the companies in the same industry.
The Debt to FCF ratio of HNRG is 0.92, which is an excellent value as it means it would take HNRG, only 0.92 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 0.92, HNRG belongs to the top of the industry, outperforming 88.46% of the companies in the same industry.
A Debt/Equity ratio of 0.09 indicates that HNRG is not too dependend on debt financing.
HNRG's Debt to Equity ratio of 0.09 is fine compared to the rest of the industry. HNRG outperforms 76.92% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 0.92 | ||
| Altman-Z | 2.44 |
ROIC/WACC0.55
WACC9.51%
2.3 Liquidity
HNRG has a Current Ratio of 0.60. This is a bad value and indicates that HNRG is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.60, HNRG is not doing good in the industry: 81.25% of the companies in the same industry are doing better.
HNRG has a Quick Ratio of 0.60. 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 Quick ratio of 0.17 is on the low side compared to the rest of the industry. HNRG is outperformed by 95.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.6 | ||
| Quick Ratio | 0.17 |
3. Growth
3.1 Past
HNRG shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -123.73%.
HNRG shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -26.61%.
HNRG shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.76% yearly.
EPS 1Y (TTM)-123.73%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%580%
Revenue 1Y (TTM)-26.61%
Revenue growth 3Y17.75%
Revenue growth 5Y4.76%
Sales Q2Q%7.4%
3.2 Future
Based on estimates for the next years, HNRG will show a very strong growth in Earnings Per Share. The EPS will grow by 40.93% on average per year.
HNRG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.70% yearly.
EPS Next Y68.37%
EPS Next 2Y83.95%
EPS Next 3Y64.4%
EPS Next 5Y40.93%
Revenue Next Year-1.44%
Revenue Next 2Y4.06%
Revenue Next 3Y11.91%
Revenue Next 5Y6.7%
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 reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
With a Price/Forward Earnings ratio of 28.45, HNRG can be considered very expensive at the moment.
HNRG's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. HNRG is more expensive than 63.94% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.21, HNRG is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 28.45 |
4.2 Price Multiples
HNRG's Enterprise Value to EBITDA is on the same level as the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of HNRG is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.25 | ||
| EV/EBITDA | 9.94 |
4.3 Compensation for Growth
HNRG's 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 64.40% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y83.95%
EPS Next 3Y64.4%
5. Dividend
5.1 Amount
No dividends for HNRG!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
16.93
-0.71 (-4.02%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners63.29%
Inst Owner Change1.08%
Ins Owners6.37%
Ins Owner Change1.53%
Market Cap727.65M
Analysts82.22
Price Target21.08 (24.51%)
Short Float %8.93%
Short Ratio3.98
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)1
Avg EPS beat(2)116.31%
Min EPS beat(2)-14.44%
Max EPS beat(2)247.06%
EPS beat(4)2
Avg EPS beat(4)35.24%
Min EPS beat(4)-230.88%
Max EPS beat(4)247.06%
EPS beat(8)4
Avg EPS beat(8)6.96%
EPS beat(12)6
Avg EPS beat(12)30.57%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)6.89%
Min Revenue beat(2)-3.23%
Max Revenue beat(2)17%
Revenue beat(4)1
Avg Revenue beat(4)-3.94%
Min Revenue beat(4)-17.47%
Max Revenue beat(4)17%
Revenue beat(8)3
Avg Revenue beat(8)-3.52%
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)0%
PT rev (3m)37.78%
EPS NQ rev (1m)0%
EPS NQ rev (3m)4.17%
EPS NY rev (1m)0%
EPS NY rev (3m)78.84%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-11.01%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 28.45 | ||
| P/S | 1.78 | ||
| P/FCF | 19.25 | ||
| P/OCF | 8.27 | ||
| P/B | 6.31 | ||
| P/tB | 6.31 | ||
| EV/EBITDA | 9.94 |
EPS(TTM)-0.14
EYN/A
EPS(NY)0.59
Fwd EY3.51%
FCF(TTM)0.88
FCFY5.19%
OCF(TTM)2.05
OCFY12.09%
SpS9.49
BVpS2.68
TBVpS2.68
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -58.58% | ||
| ROE | -185.93% | ||
| ROCE | 5.75% | ||
| ROIC | 5.23% | ||
| ROICexc | 5.42% | ||
| ROICexgc | 5.42% | ||
| OM | 2.66% | ||
| PM (TTM) | N/A | ||
| GM | 43.45% | ||
| FCFM | 9.27% |
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-Score6
Asset Turnover1.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 0.92 | ||
| Debt/EBITDA | 0.14 | ||
| Cap/Depr | 77.02% | ||
| Cap/Sales | 12.3% | ||
| Interest Coverage | 1.17 | ||
| Cash Conversion | 115.73% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.6 | ||
| Quick Ratio | 0.17 | ||
| Altman-Z | 2.44 |
F-Score6
WACC9.51%
ROIC/WACC0.55
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)-123.73%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%580%
EPS Next Y68.37%
EPS Next 2Y83.95%
EPS Next 3Y64.4%
EPS Next 5Y40.93%
Revenue 1Y (TTM)-26.61%
Revenue growth 3Y17.75%
Revenue growth 5Y4.76%
Sales Q2Q%7.4%
Revenue Next Year-1.44%
Revenue Next 2Y4.06%
Revenue Next 3Y11.91%
Revenue Next 5Y6.7%
EBIT growth 1Y-71.76%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year864.58%
EBIT Next 3Y184.99%
EBIT Next 5Y113.38%
FCF growth 1Y100.2%
FCF growth 3Y-14.23%
FCF growth 5Y35.91%
OCF growth 1Y13.82%
OCF growth 3Y11.19%
OCF growth 5Y11.51%