HAMILTON LANE INC-CLASS A (HLNE) Stock Fundamental Analysis
USA - NASDAQ:HLNE - US4074971064 - Common Stock
120.87 USD
-4.4 (-3.51%)
120.87 USD
0 (0%)
HLNE gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 237 industry peers in the Capital Markets industry. HLNE has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. HLNE is valued quite expensively, but it does show have an excellent growth rating. These ratings could make HLNE a good candidate for growth and quality investing.
1. Profitability
1.1 Basic Checks
HLNE had positive earnings in the past year.
In the past year HLNE had a positive cash flow from operations.
HLNE had positive earnings in each of the past 5 years.
In the past 5 years HLNE always reported a positive cash flow from operatings.
1.2 Ratios
With an excellent Return On Assets value of 11.76%, HLNE belongs to the best of the industry, outperforming 92.83% of the companies in the same industry.
HLNE has a Return On Equity of 27.93%. This is amongst the best in the industry. HLNE outperforms 94.51% of its industry peers.
The Return On Invested Capital of HLNE (18.57%) is better than 93.67% of its industry peers.
HLNE had an Average Return On Invested Capital over the past 3 years of 22.57%. This is significantly above the industry average of 7.11%.
The 3 year average ROIC (22.57%) for HLNE is well above the current ROIC(18.57%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.76% | ||
| ROE | 27.93% | ||
| ROIC | 18.57% |
ROA(3y)11.27%
ROA(5y)10.68%
ROE(3y)28.09%
ROE(5y)33.17%
ROIC(3y)22.57%
ROIC(5y)19.69%
1.3 Margins
With a decent Profit Margin value of 30.63%, HLNE is doing good in the industry, outperforming 76.79% of the companies in the same industry.
HLNE's Profit Margin has improved in the last couple of years.
The Operating Margin of HLNE (43.92%) is better than 79.75% of its industry peers.
In the last couple of years the Operating Margin of HLNE has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 43.92% | ||
| PM (TTM) | 30.63% | ||
| GM | N/A |
OM growth 3Y-1.14%
OM growth 5Y0.9%
PM growth 3Y-8.65%
PM growth 5Y6.52%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
HLNE has more shares outstanding than it did 1 year ago.
HLNE has more shares outstanding than it did 5 years ago.
The debt/assets ratio for HLNE is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 5.24 indicates that HLNE is not in any danger for bankruptcy at the moment.
HLNE's Altman-Z score of 5.24 is amongst the best of the industry. HLNE outperforms 86.92% of its industry peers.
HLNE has a debt to FCF ratio of 0.85. This is a very positive value and a sign of high solvency as it would only need 0.85 years to pay back of all of its debts.
HLNE's Debt to FCF ratio of 0.85 is amongst the best of the industry. HLNE outperforms 89.87% of its industry peers.
A Debt/Equity ratio of 0.38 indicates that HLNE is not too dependend on debt financing.
The Debt to Equity ratio of HLNE (0.38) is better than 67.93% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.38 | ||
| Debt/FCF | 0.85 | ||
| Altman-Z | 5.24 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
HLNE has a Current Ratio of 1.16. This is a normal value and indicates that HLNE is financially healthy and should not expect problems in meeting its short term obligations.
HLNE's Current ratio of 1.16 is in line compared to the rest of the industry. HLNE outperforms 54.85% of its industry peers.
HLNE has a Quick Ratio of 1.16. This is a normal value and indicates that HLNE is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of HLNE (1.16) is comparable to the rest of the industry.
HLNE does not score too well on the current and quick ratio evaluation. However, as it has excellent solvency and profitability, these ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.16 | ||
| Quick Ratio | 1.16 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 13.70% over the past year.
The Earnings Per Share has been growing by 20.18% on average over the past years. This is a very strong growth
HLNE shows a strong growth in Revenue. In the last year, the Revenue has grown by 28.73%.
Measured over the past years, HLNE shows a very strong growth in Revenue. The Revenue has been growing by 21.08% on average per year.
EPS 1Y (TTM)13.7%
EPS 3Y4.79%
EPS 5Y20.18%
EPS Q2Q%43.93%
Revenue 1Y (TTM)28.73%
Revenue growth 3Y24.67%
Revenue growth 5Y21.08%
Sales Q2Q%27.25%
3.2 Future
Based on estimates for the next years, HLNE will show a quite strong growth in Earnings Per Share. The EPS will grow by 13.89% on average per year.
HLNE is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 14.66% yearly.
EPS Next Y0.58%
EPS Next 2Y10.36%
EPS Next 3Y13.89%
EPS Next 5YN/A
Revenue Next Year6.35%
Revenue Next 2Y12.62%
Revenue Next 3Y14.66%
Revenue Next 5YN/A
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 22.76, HLNE is valued on the expensive side.
64.56% of the companies in the same industry are cheaper than HLNE, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 25.07. HLNE is around the same levels.
Based on the Price/Forward Earnings ratio of 19.69, the valuation of HLNE can be described as rather expensive.
The rest of the industry has a similar Price/Forward Earnings ratio as HLNE.
HLNE is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 34.08, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.76 | ||
| Fwd PE | 19.69 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, HLNE is valued a bit cheaper than the industry average as 68.78% of the companies are valued more expensively.
HLNE's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.92 | ||
| EV/EBITDA | 21.4 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
HLNE has an outstanding profitability rating, which may justify a higher PE ratio.
HLNE's earnings are expected to grow with 13.89% in the coming years. This may justify a more expensive valuation.
PEG (NY)39.02
PEG (5Y)1.13
EPS Next 2Y10.36%
EPS Next 3Y13.89%
5. Dividend
5.1 Amount
HLNE has a Yearly Dividend Yield of 1.65%. Purely for dividend investing, there may be better candidates out there.
In the last 3 months the price of HLNE has falen by -22.89%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
Compared to an average industry Dividend Yield of 8.49, HLNE is paying slightly less dividend.
Compared to the average S&P500 Dividend Yield of 2.44, HLNE is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.65% |
5.2 History
The dividend of HLNE is nicely growing with an annual growth rate of 19.49%!
HLNE has been paying a dividend for over 5 years, so it has already some track record.
HLNE has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)19.49%
Div Incr Years7
Div Non Decr Years7
5.3 Sustainability
36.79% of the earnings are spent on dividend by HLNE. This is a low number and sustainable payout ratio.
The dividend of HLNE is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP36.79%
EPS Next 2Y10.36%
EPS Next 3Y13.89%
120.87
-4.4 (-3.51%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners96.85%
Inst Owner Change2.19%
Ins Owners7.22%
Ins Owner Change-4.14%
Market Cap6.73B
Revenue(TTM)712.96M
Net Income(TTM)212.00M
Analysts76.92
Price Target163.71 (35.44%)
Short Float %5.82%
Short Ratio4.52
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.65% |
Yearly Dividend1.38
Dividend Growth(5Y)19.49%
DP36.79%
Div Incr Years7
Div Non Decr Years7
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)14.26%
Min EPS beat(2)1.1%
Max EPS beat(2)27.41%
EPS beat(4)3
Avg EPS beat(4)9.11%
Min EPS beat(4)-3.63%
Max EPS beat(4)27.41%
EPS beat(8)5
Avg EPS beat(8)9.21%
EPS beat(12)8
Avg EPS beat(12)10.1%
EPS beat(16)12
Avg EPS beat(16)13.17%
Revenue beat(2)2
Avg Revenue beat(2)7.35%
Min Revenue beat(2)1.01%
Max Revenue beat(2)13.69%
Revenue beat(4)3
Avg Revenue beat(4)3.94%
Min Revenue beat(4)-3.38%
Max Revenue beat(4)13.69%
Revenue beat(8)5
Avg Revenue beat(8)7.81%
Revenue beat(12)7
Avg Revenue beat(12)8.52%
Revenue beat(16)9
Avg Revenue beat(16)8.28%
PT rev (1m)-2.96%
PT rev (3m)0.82%
EPS NQ rev (1m)-0.93%
EPS NQ rev (3m)-3.19%
EPS NY rev (1m)1.08%
EPS NY rev (3m)11.04%
Revenue NQ rev (1m)3.42%
Revenue NQ rev (3m)-0.77%
Revenue NY rev (1m)-1.04%
Revenue NY rev (3m)3.5%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.76 | ||
| Fwd PE | 19.69 | ||
| P/S | 9.73 | ||
| P/FCF | 19.92 | ||
| P/OCF | 19.24 | ||
| P/B | 8.87 | ||
| P/tB | 8.87 | ||
| EV/EBITDA | 21.4 |
EPS(TTM)5.31
EY4.39%
EPS(NY)6.14
Fwd EY5.08%
FCF(TTM)6.07
FCFY5.02%
OCF(TTM)6.28
OCFY5.2%
SpS12.42
BVpS13.62
TBVpS13.62
PEG (NY)39.02
PEG (5Y)1.13
Graham Number40.34
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.76% | ||
| ROE | 27.93% | ||
| ROCE | 22.22% | ||
| ROIC | 18.57% | ||
| ROICexc | 24.15% | ||
| ROICexgc | 24.85% | ||
| OM | 43.92% | ||
| PM (TTM) | 30.63% | ||
| GM | N/A | ||
| FCFM | 48.86% |
ROA(3y)11.27%
ROA(5y)10.68%
ROE(3y)28.09%
ROE(5y)33.17%
ROIC(3y)22.57%
ROIC(5y)19.69%
ROICexc(3y)26.86%
ROICexc(5y)22.89%
ROICexgc(3y)28.18%
ROICexgc(5y)23.87%
ROCE(3y)27.01%
ROCE(5y)23.56%
ROICexgc growth 3Y19.09%
ROICexgc growth 5Y-5.21%
ROICexc growth 3Y19.15%
ROICexc growth 5Y-4.64%
OM growth 3Y-1.14%
OM growth 5Y0.9%
PM growth 3Y-8.65%
PM growth 5Y6.52%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.38
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.38 | ||
| Debt/FCF | 0.85 | ||
| Debt/EBITDA | 0.92 | ||
| Cap/Depr | 124.4% | ||
| Cap/Sales | 1.71% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 111.64% | ||
| Profit Quality | 159.51% | ||
| Current Ratio | 1.16 | ||
| Quick Ratio | 1.16 | ||
| Altman-Z | 5.24 |
F-Score6
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)109.32%
Cap/Depr(5y)192.11%
Cap/Sales(3y)1.52%
Cap/Sales(5y)2.52%
Profit Quality(3y)135.89%
Profit Quality(5y)139.56%
High Growth Momentum
Growth
EPS 1Y (TTM)13.7%
EPS 3Y4.79%
EPS 5Y20.18%
EPS Q2Q%43.93%
EPS Next Y0.58%
EPS Next 2Y10.36%
EPS Next 3Y13.89%
EPS Next 5YN/A
Revenue 1Y (TTM)28.73%
Revenue growth 3Y24.67%
Revenue growth 5Y21.08%
Sales Q2Q%27.25%
Revenue Next Year6.35%
Revenue Next 2Y12.62%
Revenue Next 3Y14.66%
Revenue Next 5YN/A
EBIT growth 1Y8.23%
EBIT growth 3Y23.25%
EBIT growth 5Y22.17%
EBIT Next Year7.75%
EBIT Next 3Y14%
EBIT Next 5YN/A
FCF growth 1Y55.7%
FCF growth 3Y21.53%
FCF growth 5Y21.27%
OCF growth 1Y56.53%
OCF growth 3Y21.1%
OCF growth 5Y20.93%
HAMILTON LANE INC-CLASS A / HLNE FAQ
Can you provide the ChartMill fundamental rating for HAMILTON LANE INC-CLASS A?
ChartMill assigns a fundamental rating of 7 / 10 to HLNE.
What is the valuation status of HAMILTON LANE INC-CLASS A (HLNE) stock?
ChartMill assigns a valuation rating of 3 / 10 to HAMILTON LANE INC-CLASS A (HLNE). This can be considered as Overvalued.
Can you provide the profitability details for HAMILTON LANE INC-CLASS A?
HAMILTON LANE INC-CLASS A (HLNE) has a profitability rating of 8 / 10.
What are the PE and PB ratios of HAMILTON LANE INC-CLASS A (HLNE) stock?
The Price/Earnings (PE) ratio for HAMILTON LANE INC-CLASS A (HLNE) is 22.76 and the Price/Book (PB) ratio is 8.87.
How sustainable is the dividend of HAMILTON LANE INC-CLASS A (HLNE) stock?
The dividend rating of HAMILTON LANE INC-CLASS A (HLNE) is 4 / 10 and the dividend payout ratio is 36.79%.