HA SUSTAINABLE INFRASTRUCTUR (HASI) Stock Fundamental Analysis
NYSE:HASI - New York Stock Exchange, Inc. - US41068X1000 - Common Stock - Currency: USD
Overall HASI gets a fundamental rating of 5 out of 10. We evaluated HASI against 102 industry peers in the Financial Services industry. HASI has only an average score on both its financial health and profitability. HASI is not valued too expensively and it also shows a decent growth rate. HASI also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year HASI was profitable.
HASI had a positive operating cash flow in the past year.
HASI had positive earnings in 4 of the past 5 years.
HASI had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 5.10%, HASI is in the better half of the industry, outperforming 77.45% of the companies in the same industry.
With a decent Return On Equity value of 15.07%, HASI is doing good in the industry, outperforming 72.55% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 0.60%, HASI is doing worse than 61.76% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for HASI is significantly below the industry average of 7.94%.
The last Return On Invested Capital (0.60%) for HASI is above the 3 year average (0.41%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.1% | ||
| ROE | 15.07% | ||
| ROIC | 0.6% |
ROA(3y)2.05%
ROA(5y)2.37%
ROE(3y)5.9%
ROE(5y)6.61%
ROIC(3y)0.41%
ROIC(5y)0.59%
1.3 Margins
HASI's Profit Margin of 71.71% is amongst the best of the industry. HASI outperforms 99.02% of its industry peers.
HASI's Profit Margin has improved in the last couple of years.
HASI has a Operating Margin (9.75%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of HASI has declined.
HASI has a Gross Margin of 38.22%. This is comparable to the rest of the industry: HASI outperforms 55.88% of its industry peers.
HASI's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.75% | ||
| PM (TTM) | 71.71% | ||
| GM | 38.22% |
OM growth 3Y-8.9%
OM growth 5Y-3.62%
PM growth 3Y1.95%
PM growth 5Y10.11%
GM growth 3Y-2.79%
GM growth 5Y0.75%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so HASI is destroying value.
HASI has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
HASI has an Altman-Z score of 0.96. This is a bad value and indicates that HASI is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of HASI (0.96) is comparable to the rest of the industry.
HASI has a debt to FCF ratio of 162.60. This is a negative value and a sign of low solvency as HASI would need 162.60 years to pay back of all of its debts.
The Debt to FCF ratio of HASI (162.60) is comparable to the rest of the industry.
A Debt/Equity ratio of 1.83 is on the high side and indicates that HASI has dependencies on debt financing.
HASI has a worse Debt to Equity ratio (1.83) than 63.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.83 | ||
| Debt/FCF | 162.6 | ||
| Altman-Z | 0.96 |
ROIC/WACC0.08
WACC7.15%
2.3 Liquidity
HASI has a Current Ratio of 12.51. This indicates that HASI is financially healthy and has no problem in meeting its short term obligations.
HASI has a Current ratio of 12.51. This is amongst the best in the industry. HASI outperforms 97.06% of its industry peers.
HASI has a Quick Ratio of 12.51. This indicates that HASI is financially healthy and has no problem in meeting its short term obligations.
The Quick ratio of HASI (12.51) is better than 97.06% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 12.51 | ||
| Quick Ratio | 12.51 |
3. Growth
3.1 Past
HASI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 9.77%, which is quite good.
Measured over the past years, HASI shows a quite strong growth in Earnings Per Share. The EPS has been growing by 9.72% on average per year.
Looking at the last year, HASI shows a very strong growth in Revenue. The Revenue has grown by 62.80%.
The Revenue has been growing by 18.07% on average over the past years. This is quite good.
EPS 1Y (TTM)9.77%
EPS 3Y12.07%
EPS 5Y9.72%
EPS Q2Q%-16.13%
Revenue 1Y (TTM)62.8%
Revenue growth 3Y19.62%
Revenue growth 5Y18.07%
Sales Q2Q%50.78%
3.2 Future
HASI is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.04% yearly.
Based on estimates for the next years, HASI will show a small growth in Revenue. The Revenue will grow by 1.85% on average per year.
EPS Next Y10.73%
EPS Next 2Y8.6%
EPS Next 3Y8.89%
EPS Next 5Y9.04%
Revenue Next Year48.62%
Revenue Next 2Y26.41%
Revenue Next 3Y21.89%
Revenue Next 5Y1.85%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 11.74, the valuation of HASI can be described as reasonable.
63.73% of the companies in the same industry are more expensive than HASI, based on the Price/Earnings ratio.
HASI is valuated cheaply when we compare the Price/Earnings ratio to 28.47, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 10.63, the valuation of HASI can be described as reasonable.
HASI's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of HASI to the average of the S&P500 Index (92.74), we can say HASI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.74 | ||
| Fwd PE | 10.63 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of HASI indicates a slightly more expensive valuation: HASI is more expensive than 62.75% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, HASI is valued a bit more expensive than 61.76% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 129.57 | ||
| EV/EBITDA | 155.21 |
4.3 Compensation for Growth
HASI's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.09
PEG (5Y)1.21
EPS Next 2Y8.6%
EPS Next 3Y8.89%
5. Dividend
5.1 Amount
HASI has a Yearly Dividend Yield of 5.79%, which is a nice return.
Compared to an average industry Dividend Yield of 3.76, HASI pays a better dividend. On top of this HASI pays more dividend than 94.12% of the companies listed in the same industry.
HASI's Dividend Yield is rather good when compared to the S&P500 average which is at 2.28.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.79% |
5.2 History
The dividend of HASI has a limited annual growth rate of 4.47%.
HASI has been paying a dividend for at least 10 years, so it has a reliable track record.
HASI has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)4.47%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
54.90% of the earnings are spent on dividend by HASI. This is a bit on the high side, but may be sustainable.
HASI's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP54.9%
EPS Next 2Y8.6%
EPS Next 3Y8.89%
HA SUSTAINABLE INFRASTRUCTUR
NYSE:HASI (2/5/2025, 4:31:52 PM)
After market: 27.71 0 (0%)27.71
+0.09 (+0.33%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)
Earnings (Next)
Inst Owners105.1%
Inst Owner Change-1.33%
Ins Owners2.43%
Ins Owner Change-0.85%
Market Cap3.29B
Analysts81.9
Price Target40.09 (44.68%)
Short Float %12.02%
Short Ratio12.47
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.79% |
Yearly Dividend1.57
Dividend Growth(5Y)4.47%
DP54.9%
Div Incr Years3
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)2.5%
Min EPS beat(2)-5.93%
Max EPS beat(2)10.92%
EPS beat(4)2
Avg EPS beat(4)2.9%
Min EPS beat(4)-10.69%
Max EPS beat(4)17.3%
EPS beat(8)3
Avg EPS beat(8)1.79%
EPS beat(12)6
Avg EPS beat(12)4.14%
EPS beat(16)9
Avg EPS beat(16)6.27%
Revenue beat(2)1
Avg Revenue beat(2)7.7%
Min Revenue beat(2)-1.29%
Max Revenue beat(2)16.69%
Revenue beat(4)2
Avg Revenue beat(4)8.88%
Min Revenue beat(4)-11.26%
Max Revenue beat(4)31.38%
Revenue beat(8)6
Avg Revenue beat(8)16.72%
Revenue beat(12)10
Avg Revenue beat(12)41.51%
Revenue beat(16)14
Avg Revenue beat(16)58.9%
PT rev (1m)-0.58%
PT rev (3m)-0.28%
EPS NQ rev (1m)-3.14%
EPS NQ rev (3m)-8.77%
EPS NY rev (1m)-0.16%
EPS NY rev (3m)-2.27%
Revenue NQ rev (1m)1.22%
Revenue NQ rev (3m)5.55%
Revenue NY rev (1m)0.13%
Revenue NY rev (3m)-2.3%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.74 | ||
| Fwd PE | 10.63 | ||
| P/S | 6.93 | ||
| P/FCF | 129.57 | ||
| P/OCF | 129.57 | ||
| P/B | 1.46 | ||
| P/tB | 1.46 | ||
| EV/EBITDA | 155.21 |
EPS(TTM)2.36
EY8.52%
EPS(NY)2.61
Fwd EY9.41%
FCF(TTM)0.21
FCFY0.77%
OCF(TTM)0.21
OCFY0.77%
SpS4
BVpS19.01
TBVpS19.01
PEG (NY)1.09
PEG (5Y)1.21
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.1% | ||
| ROE | 15.07% | ||
| ROCE | 0.72% | ||
| ROIC | 0.6% | ||
| ROICexc | 0.61% | ||
| ROICexgc | 0.61% | ||
| OM | 9.75% | ||
| PM (TTM) | 71.71% | ||
| GM | 38.22% | ||
| FCFM | 5.35% |
ROA(3y)2.05%
ROA(5y)2.37%
ROE(3y)5.9%
ROE(5y)6.61%
ROIC(3y)0.41%
ROIC(5y)0.59%
ROICexc(3y)0.43%
ROICexc(5y)0.61%
ROICexgc(3y)0.44%
ROICexgc(5y)0.63%
ROCE(3y)0.49%
ROCE(5y)0.71%
ROICexcg growth 3Y-14.39%
ROICexcg growth 5Y-9.86%
ROICexc growth 3Y-13.97%
ROICexc growth 5Y-8.76%
OM growth 3Y-8.9%
OM growth 5Y-3.62%
PM growth 3Y1.95%
PM growth 5Y10.11%
GM growth 3Y-2.79%
GM growth 5Y0.75%
F-Score6
Asset Turnover0.07
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.83 | ||
| Debt/FCF | 162.6 | ||
| Debt/EBITDA | 87.23 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 0.24 | ||
| Cash Conversion | 53.65% | ||
| Profit Quality | 7.46% | ||
| Current Ratio | 12.51 | ||
| Quick Ratio | 12.51 | ||
| Altman-Z | 0.96 |
F-Score6
WACC7.15%
ROIC/WACC0.08
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)9.77%
EPS 3Y12.07%
EPS 5Y9.72%
EPS Q2Q%-16.13%
EPS Next Y10.73%
EPS Next 2Y8.6%
EPS Next 3Y8.89%
EPS Next 5Y9.04%
Revenue 1Y (TTM)62.8%
Revenue growth 3Y19.62%
Revenue growth 5Y18.07%
Sales Q2Q%50.78%
Revenue Next Year48.62%
Revenue Next 2Y26.41%
Revenue Next 3Y21.89%
Revenue Next 5Y1.85%
EBIT growth 1Y67.27%
EBIT growth 3Y8.97%
EBIT growth 5Y13.79%
EBIT Next Year34.27%
EBIT Next 3Y21.85%
EBIT Next 5Y13.15%
FCF growth 1Y-54.31%
FCF growth 3Y10.8%
FCF growth 5Y26.53%
OCF growth 1Y-54.31%
OCF growth 3Y10.8%
OCF growth 5Y11.14%