HIGHWAY HOLDINGS LTD (HIHO)
VGG4481U1066 - Common Stock
HIHO gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 131 industry peers in the Machinery industry. The financial health of HIHO is average, but there are quite some concerns on its profitability. HIHO does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
In the past year HIHO has reported negative net income.
The reported net income has been mixed in the past 5 years: HIHO reported negative net income in multiple years.
In multiple years HIHO reported negative operating cash flow during the last 5 years.
1.2 Ratios
HIHO has a Return On Assets of -6.65%. This is in the lower half of the industry: HIHO underperforms 74.80% of its industry peers.
HIHO has a worse Return On Equity (-12.30%) than 74.80% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -6.65% | ||
| ROE | -12.3% | ||
| ROIC | N/A |
ROA(3y)-0.7%
ROA(5y)-0.49%
ROE(3y)-1.17%
ROE(5y)-0.68%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Gross Margin, with a value of 22.37%, HIHO is doing worse than 66.93% of the companies in the same industry.
HIHO's Gross Margin has declined in the last couple of years.
HIHO does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 22.37% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.46%
GM growth 5Y-2.7%
2. Health
2.1 Basic Checks
HIHO does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for HIHO has been increased compared to 1 year ago.
The number of shares outstanding for HIHO has been increased compared to 5 years ago.
HIHO 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
HIHO has an Altman-Z score of 1.20. This is a bad value and indicates that HIHO is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 1.20, HIHO is not doing good in the industry: 76.38% of the companies in the same industry are doing better.
There is no outstanding debt for HIHO. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.2 |
ROIC/WACCN/A
WACC9.21%
2.3 Liquidity
A Current Ratio of 2.13 indicates that HIHO has no problem at all paying its short term obligations.
With a Current ratio value of 2.13, HIHO perfoms like the industry average, outperforming 50.39% of the companies in the same industry.
HIHO has a Quick Ratio of 1.80. This is a normal value and indicates that HIHO is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Quick ratio value of 1.80, HIHO is doing good in the industry, outperforming 73.23% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.13 | ||
| Quick Ratio | 1.8 |
3. Growth
3.1 Past
The earnings per share for HIHO have decreased strongly by -310.27% in the last year.
HIHO shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -26.61%.
Measured over the past years, HIHO shows a very negative growth in Revenue. The Revenue has been decreasing by -11.79% on average per year.
EPS 1Y (TTM)-310.27%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%587%
Revenue 1Y (TTM)-26.61%
Revenue growth 3Y-6.58%
Revenue growth 5Y-11.79%
Sales Q2Q%60.43%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for HIHO. In the last year negative earnings were reported.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 8.00%, HIHO is a good candidate for dividend investing.
HIHO's Dividend Yield is rather good when compared to the industry average which is at 1.54. HIHO pays more dividend than 100.00% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.23, HIHO pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8% |
5.2 History
The dividend of HIHO decreases each year by -1.54%.
HIHO has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-1.54%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DPN/A
EPS Next 2YN/A
EPS Next 3YN/A
HIGHWAY HOLDINGS LTD
NASDAQ:HIHO (11/22/2024, 8:00:00 PM)
After market: 1.92 -0.03 (-1.54%)1.95
+0.02 (+1.04%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap8.58M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8% |
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)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
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)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| 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 | -6.65% | ||
| ROE | -12.3% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 22.37% | ||
| 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 Turnover0.59
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.13 | ||
| Quick Ratio | 1.8 | ||
| 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)
High Growth Momentum
Growth
EPS 1Y (TTM)-310.27%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next YN/A
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-26.61%
Revenue growth 3Y-6.58%
Revenue growth 5Y
Sales 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