HERTZ GLOBAL HLDGS INC (HTZ)
US42806J7000 - Common Stock
Overall HTZ gets a fundamental rating of 3 out of 10. We evaluated HTZ against 36 industry peers in the Ground Transportation industry. HTZ has a medium profitability rating, but doesn't score so well on its financial health evaluation. HTZ is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
HTZ had negative earnings in the past year.
In the past year HTZ had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: HTZ reported negative net income in multiple years.
Each year in the past 5 years HTZ had a positive operating cash flow.
1.2 Ratios
HTZ has a worse Return On Assets (0.96%) than 63.89% of its industry peers.
HTZ has a Return On Equity (8.32%) which is in line with its industry peers.
HTZ's Return On Invested Capital of 2.06% is on the low side compared to the rest of the industry. HTZ is outperformed by 66.67% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for HTZ is in line with the industry average of 7.75%.
The 3 year average ROIC (7.74%) for HTZ is well above the current ROIC(2.06%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.96% | ||
| ROE | 8.32% | ||
| ROIC | 2.06% |
ROA(3y)3.74%
ROA(5y)0.17%
ROE(3y)31.65%
ROE(5y)-593.81%
ROIC(3y)7.74%
ROIC(5y)N/A
1.3 Margins
HTZ has a Profit Margin of 2.49%. This is in the lower half of the industry: HTZ underperforms 61.11% of its industry peers.
With a Operating Margin value of 5.21%, HTZ perfoms like the industry average, outperforming 52.78% of the companies in the same industry.
In the last couple of years the Operating Margin of HTZ has grown nicely.
HTZ has a Gross Margin (40.45%) which is comparable to the rest of the industry.
HTZ's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.21% | ||
| PM (TTM) | 2.49% | ||
| GM | 40.45% |
OM growth 3YN/A
OM growth 5Y8.31%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y10.44%
GM growth 5Y-0.87%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so HTZ is still creating some value.
Compared to 1 year ago, HTZ has less shares outstanding
HTZ has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, HTZ has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.42, we must say that HTZ is in the distress zone and has some risk of bankruptcy.
HTZ has a Altman-Z score of 0.42. This is in the lower half of the industry: HTZ underperforms 77.78% of its industry peers.
HTZ has a Debt/Equity ratio of 5.73. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of HTZ (5.73) is worse than 86.11% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.73 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.42 |
ROIC/WACC0.4
WACC5.16%
2.3 Liquidity
HTZ has a Current Ratio of 0.57. This is a bad value and indicates that HTZ is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.57, HTZ is doing worse than 86.11% of the companies in the same industry.
A Quick Ratio of 0.57 indicates that HTZ may have some problems paying its short term obligations.
HTZ has a worse Quick ratio (0.57) than 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.57 | ||
| Quick Ratio | 0.57 |
3. Growth
3.1 Past
HTZ shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -138.24%.
HTZ shows a small growth in Revenue. In the last year, the Revenue has grown by 5.40%.
The Revenue has been decreasing by -0.28% on average over the past years.
EPS 1Y (TTM)-138.24%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q-428.21%
Revenue 1Y (TTM)5.4%
Revenue growth 3Y21.24%
Revenue growth 5Y-0.28%
Revenue growth Q2Q1.61%
3.2 Future
Based on estimates for the next years, HTZ will show a very strong growth in Earnings Per Share. The EPS will grow by 27.11% on average per year.
Based on estimates for the next years, HTZ will show a small growth in Revenue. The Revenue will grow by 2.25% on average per year.
EPS Next Y-4.61%
EPS Next 2Y38.02%
EPS Next 3Y27.11%
EPS Next 5YN/A
Revenue Next Year2.77%
Revenue Next 2Y3.44%
Revenue Next 3Y2.25%
Revenue Next 5YN/A
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
The Price/Earnings Ratio is negative for HTZ. In the last year negative earnings were reported.
A Price/Forward Earnings ratio of 6.45 indicates a rather cheap valuation of HTZ.
Compared to the rest of the industry, the Price/Forward Earnings ratio of HTZ indicates a rather cheap valuation: HTZ is cheaper than 97.22% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of HTZ to the average of the S&P500 Index (20.15), we can say HTZ is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 6.45 |
4.2 Price Multiples
100.00% of the companies in the same industry are more expensive than HTZ, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 4.73 |
4.3 Compensation for Growth
HTZ's earnings are expected to grow with 27.11% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y38.02%
EPS Next 3Y27.11%
5. Dividend
5.1 Amount
HTZ does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
HERTZ GLOBAL HLDGS INC
NASDAQ:HTZ (5/17/2024, 7:04:45 PM)
After market: 5.5 -0.03 (-0.54%)5.53
+0.01 (+0.18%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryGround Transportation
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap1.69B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)
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EPS beat(4)
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Min EPS beat(4)
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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)
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Revenue beat(4)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
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Revenue NQ rev (1m)
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Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 6.45 | ||
| 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 | 0.96% | ||
| ROE | 8.32% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 5.21% | ||
| PM (TTM) | 2.49% | ||
| GM | 40.45% | ||
| 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 Turnover0.39
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.73 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.57 | ||
| Quick Ratio | 0.57 | ||
| 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)-138.24%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y-4.61%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)5.4%
Revenue growth 3Y21.24%
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