HA SUSTAINABLE INFRASTRUCTUR (HASI) Stock Fundamental Analysis
NYSE:HASI - New York Stock Exchange, Inc. - US41068X1000 - Common Stock - Currency: USD
Taking everything into account, HASI scores 5 out of 10 in our fundamental rating. HASI was compared to 100 industry peers in the Financial Services industry. Both the profitability and the financial health of HASI get a neutral evaluation. Nothing too spectacular is happening here. 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
HASI had positive earnings in the past year.
In the past year HASI has reported a negative cash flow from operations.
In the past 5 years HASI has always been profitable.
In the past 5 years HASI always reported a positive cash flow from operatings.
1.2 Ratios
HASI has a better Return On Assets (3.41%) than 69.00% of its industry peers.
With a Return On Equity value of 10.64%, HASI perfoms like the industry average, outperforming 52.00% of the companies in the same industry.
With a Return On Invested Capital value of 0.22%, HASI is not doing good in the industry: 71.00% of the companies in the same industry are doing better.
HASI had an Average Return On Invested Capital over the past 3 years of 0.37%. This is significantly below the industry average of 11.84%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.41% | ||
| ROE | 10.64% | ||
| ROIC | 0.22% |
ROA(3y)1.97%
ROA(5y)2.26%
ROE(3y)6.02%
ROE(5y)6.59%
ROIC(3y)0.37%
ROIC(5y)0.44%
1.3 Margins
The Profit Margin of HASI (52.98%) is better than 94.00% of its industry peers.
In the last couple of years the Profit Margin of HASI has declined.
The Operating Margin of HASI (4.17%) is worse than 70.00% of its industry peers.
HASI's Operating Margin has declined in the last couple of years.
HASI has a Gross Margin (36.10%) which is comparable to the rest of the industry.
HASI's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.17% | ||
| PM (TTM) | 52.98% | ||
| GM | 36.1% |
OM growth 3Y-7.29%
OM growth 5Y-17.98%
PM growth 3Y-4.26%
PM growth 5Y-1.79%
GM growth 3Y-4.98%
GM growth 5Y-7.58%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so HASI is destroying value.
The number of shares outstanding for HASI has been increased compared to 1 year ago.
The number of shares outstanding for HASI has been increased compared to 5 years ago.
The debt/assets ratio for HASI has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.86, we must say that HASI is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of HASI (0.86) is comparable to the rest of the industry.
HASI has a Debt/Equity ratio of 1.97. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.97, HASI is doing worse than 63.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.97 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.86 |
ROIC/WACC0.03
WACC7.38%
2.3 Liquidity
A Current Ratio of 11.04 indicates that HASI has no problem at all paying its short term obligations.
The Current ratio of HASI (11.04) is better than 96.00% of its industry peers.
A Quick Ratio of 11.04 indicates that HASI has no problem at all paying its short term obligations.
With an excellent Quick ratio value of 11.04, HASI belongs to the best of the industry, outperforming 96.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 11.04 | ||
| Quick Ratio | 11.04 |
3. Growth
3.1 Past
HASI shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 2.12%.
The Earnings Per Share has been growing by 11.68% on average over the past years. This is quite good.
Looking at the last year, HASI shows a very strong growth in Revenue. The Revenue has grown by 34.76%.
HASI shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 22.06% yearly.
EPS 1Y (TTM)2.12%
EPS 3Y9.23%
EPS 5Y11.68%
EPS Q2Q%-5.88%
Revenue 1Y (TTM)34.76%
Revenue growth 3Y21.63%
Revenue growth 5Y22.06%
Sales Q2Q%-8.39%
3.2 Future
The Earnings Per Share is expected to grow by 8.85% on average over the next years. This is quite good.
HASI is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -7.17% yearly.
EPS Next Y9.32%
EPS Next 2Y9.76%
EPS Next 3Y9.2%
EPS Next 5Y8.85%
Revenue Next Year8.13%
Revenue Next 2Y11.04%
Revenue Next 3Y12.3%
Revenue Next 5Y-7.17%
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 decreasing.
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 11.07, the valuation of HASI can be described as reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of HASI indicates a somewhat cheap valuation: HASI is cheaper than 66.00% of the companies listed in the same industry.
HASI's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.30.
A Price/Forward Earnings ratio of 9.04 indicates a reasonable valuation of HASI.
62.00% of the companies in the same industry are more expensive than HASI, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 21.76. HASI is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.07 | ||
| Fwd PE | 9.04 |
4.2 Price Multiples
73.00% of the companies in the same industry are cheaper than HASI, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 378.34 |
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)1.19
PEG (5Y)0.95
EPS Next 2Y9.76%
EPS Next 3Y9.2%
5. Dividend
5.1 Amount
HASI has a Yearly Dividend Yield of 6.16%, which is a nice return.
HASI's Dividend Yield is rather good when compared to the industry average which is at 5.00. HASI pays more dividend than 86.00% of the companies in the same industry.
HASI's Dividend Yield is rather good when compared to the S&P500 average which is at 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.16% |
5.2 History
The dividend of HASI has a limited annual growth rate of 4.07%.
HASI has been paying a dividend for at least 10 years, so it has a reliable track record.
HASI has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)4.07%
Div Incr Years6
Div Non Decr Years11
5.3 Sustainability
77.60% of the earnings are spent on dividend by HASI. This is not a sustainable payout ratio.
HASI's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP77.6%
EPS Next 2Y9.76%
EPS Next 3Y9.2%
26.69
+0.07 (+0.26%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)
Earnings (Next)
Inst Owners112.89%
Inst Owner Change-0.19%
Ins Owners1.97%
Ins Owner Change-0.27%
Market Cap3.24B
Analysts83.64
Price Target39.12 (46.57%)
Short Float %9.38%
Short Ratio7.63
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.16% |
Yearly Dividend1.66
Dividend Growth(5Y)4.07%
DP77.6%
Div Incr Years6
Div Non Decr Years11
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.92%
Min EPS beat(2)1.64%
Max EPS beat(2)6.19%
EPS beat(4)3
Avg EPS beat(4)3.21%
Min EPS beat(4)-5.93%
Max EPS beat(4)10.92%
EPS beat(8)5
Avg EPS beat(8)4.01%
EPS beat(12)6
Avg EPS beat(12)3.25%
EPS beat(16)9
Avg EPS beat(16)6.02%
Revenue beat(2)1
Avg Revenue beat(2)6.01%
Min Revenue beat(2)-0.96%
Max Revenue beat(2)12.99%
Revenue beat(4)2
Avg Revenue beat(4)6.86%
Min Revenue beat(4)-1.29%
Max Revenue beat(4)16.69%
Revenue beat(8)5
Avg Revenue beat(8)8.88%
Revenue beat(12)9
Avg Revenue beat(12)27.44%
Revenue beat(16)13
Avg Revenue beat(16)45.86%
PT rev (1m)-0.11%
PT rev (3m)-1.82%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.73%
EPS NY rev (1m)-1.03%
EPS NY rev (3m)2.39%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.82%
Revenue NY rev (1m)-0.09%
Revenue NY rev (3m)-0.27%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.07 | ||
| Fwd PE | 9.04 | ||
| P/S | 6.75 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 1.35 | ||
| P/tB | 1.35 | ||
| EV/EBITDA | 378.34 |
EPS(TTM)2.41
EY9.03%
EPS(NY)2.95
Fwd EY11.06%
FCF(TTM)-0.43
FCFYN/A
OCF(TTM)-0.43
OCFYN/A
SpS3.96
BVpS19.71
TBVpS19.71
PEG (NY)1.19
PEG (5Y)0.95
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.41% | ||
| ROE | 10.64% | ||
| ROCE | 0.28% | ||
| ROIC | 0.22% | ||
| ROICexc | 0.22% | ||
| ROICexgc | 0.22% | ||
| OM | 4.17% | ||
| PM (TTM) | 52.98% | ||
| GM | 36.1% | ||
| FCFM | N/A |
ROA(3y)1.97%
ROA(5y)2.26%
ROE(3y)6.02%
ROE(5y)6.59%
ROIC(3y)0.37%
ROIC(5y)0.44%
ROICexc(3y)0.38%
ROICexc(5y)0.46%
ROICexgc(3y)0.38%
ROICexgc(5y)0.47%
ROCE(3y)0.47%
ROCE(5y)0.56%
ROICexcg growth 3Y-6.75%
ROICexcg growth 5Y-19.12%
ROICexc growth 3Y-6.28%
ROICexc growth 5Y-18.91%
OM growth 3Y-7.29%
OM growth 5Y-17.98%
PM growth 3Y-4.26%
PM growth 5Y-1.79%
GM growth 3Y-4.98%
GM growth 5Y-7.58%
F-Score3
Asset Turnover0.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.97 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 226.27 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 0.09 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 11.04 | ||
| Quick Ratio | 11.04 | ||
| Altman-Z | 0.86 |
F-Score3
WACC7.38%
ROIC/WACC0.03
Cap/Depr(3y)38.01%
Cap/Depr(5y)N/A
Cap/Sales(3y)0.63%
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)2.12%
EPS 3Y9.23%
EPS 5Y11.68%
EPS Q2Q%-5.88%
EPS Next Y9.32%
EPS Next 2Y9.76%
EPS Next 3Y9.2%
EPS Next 5Y8.85%
Revenue 1Y (TTM)34.76%
Revenue growth 3Y21.63%
Revenue growth 5Y22.06%
Sales Q2Q%-8.39%
Revenue Next Year8.13%
Revenue Next 2Y11.04%
Revenue Next 3Y12.3%
Revenue Next 5Y-7.17%
EBIT growth 1Y-59.91%
EBIT growth 3Y12.76%
EBIT growth 5Y0.11%
EBIT Next Year-13.53%
EBIT Next 3Y7.75%
EBIT Next 5Y3.69%
FCF growth 1Y-168.31%
FCF growth 3Y-23.96%
FCF growth 5Y-27.64%
OCF growth 1Y-164.47%
OCF growth 3Y-23.96%
OCF growth 5Y-27.64%