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HUDSON PACIFIC PROPERTIES IN (HPP) Stock Fundamental Analysis

NYSE:HPP - New York Stock Exchange, Inc. - US4440971095 - REIT - Currency: USD

3  -0.11 (-3.54%)

After market: 3 0 (0%)

Fundamental Rating

1

HPP gets a fundamental rating of 1 out of 10. The analysis compared the fundamentals against 128 industry peers in the Diversified REITs industry. HPP may be in some trouble as it scores bad on both profitability and health. HPP is valued expensive and it does not seem to be growing.


Dividend Valuation Growth Profitability Health

1

1. Profitability

1.1 Basic Checks

HPP had negative earnings in the past year.
HPP had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: HPP reported negative net income in multiple years.
HPP had a positive operating cash flow in 4 of the past 5 years.
HPP Yearly Net Income VS EBIT VS OCF VS FCFHPP Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 -500M -1B -1.5B

1.2 Ratios

HPP's Return On Assets of -3.55% is on the low side compared to the rest of the industry. HPP is outperformed by 81.75% of its industry peers.
HPP's Return On Equity of -9.75% is on the low side compared to the rest of the industry. HPP is outperformed by 79.37% of its industry peers.
Industry RankSector Rank
ROA -3.55%
ROE -9.75%
ROIC N/A
ROA(3y)-0.95%
ROA(5y)-0.46%
ROE(3y)-2.6%
ROE(5y)-1.31%
ROIC(3y)N/A
ROIC(5y)N/A
HPP Yearly ROA, ROE, ROICHPP Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 2 -2 -4 -6

1.3 Margins

In the last couple of years the Operating Margin of HPP has declined.
HPP's Gross Margin of 46.99% is on the low side compared to the rest of the industry. HPP is outperformed by 81.75% of its industry peers.
In the last couple of years the Gross Margin of HPP has declined.
HPP does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 46.99%
OM growth 3Y-42.29%
OM growth 5Y-31.64%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-5.66%
GM growth 5Y-3.58%
HPP Yearly Profit, Operating, Gross MarginsHPP Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 20 -20 40 60

1

2. Health

2.1 Basic Checks

HPP does not have a ROIC to compare to the WACC, probably because it is not profitable.
HPP has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
HPP Yearly Shares OutstandingHPP Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 50M 100M 150M
HPP Yearly Total Debt VS Total AssetsHPP Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2B 4B 6B 8B

2.2 Solvency

HPP has a Debt/Equity ratio of 1.39. This is a high value indicating a heavy dependency on external financing.
HPP's Debt to Equity ratio of 1.39 is in line compared to the rest of the industry. HPP outperforms 44.44% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.39
Debt/FCF N/A
Altman-Z N/A
ROIC/WACCN/A
WACC4.71%
HPP Yearly LT Debt VS Equity VS FCFHPP Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 2B 4B

2.3 Liquidity

A Current Ratio of 0.47 indicates that HPP may have some problems paying its short term obligations.
With a Current ratio value of 0.47, HPP is not doing good in the industry: 86.51% of the companies in the same industry are doing better.
A Quick Ratio of 0.47 indicates that HPP may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.47, HPP is doing worse than 82.54% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.47
Quick Ratio 0.47
HPP Yearly Current Assets VS Current LiabilitesHPP Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 200M 400M 600M

1

3. Growth

3.1 Past

The earnings per share for HPP have decreased strongly by -45.71% in the last year.
EPS 1Y (TTM)-45.71%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%466.67%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-6.16%

3.2 Future

HPP is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -28.59% yearly.
The Revenue is expected to grow by 10.26% on average over the next years. This is quite good.
EPS Next Y-56.45%
EPS Next 2Y-28.59%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year0.36%
Revenue Next 2Y2.95%
Revenue Next 3Y10.26%
Revenue Next 5YN/A

3.3 Evolution

HPP Yearly Revenue VS EstimatesHPP Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 200M 400M 600M 800M 1B
HPP Yearly EPS VS EstimatesHPP Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 0.5 -0.5 -1 -1.5

0

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for HPP. In the last year negative earnings were reported.
Also next year HPP is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
HPP Price Earnings VS Forward Price EarningsHPP Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 40 60

4.2 Price Multiples

The rest of the industry has a similar Enterprise Value to EBITDA ratio as HPP.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 14.08
HPP Per share dataHPP EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 10 15 20

4.3 Compensation for Growth

A cheap valuation may be justified as HPP's earnings are expected to decrease with -28.59% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-28.59%
EPS Next 3YN/A

3

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 3.33%, HPP has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 18.31, HPP is paying slightly less dividend.
HPP's Dividend Yield is a higher than the S&P500 average which is at 2.27.
Industry RankSector Rank
Dividend Yield 3.33%

5.2 History

The dividend of HPP decreases each year by -11.99%.
HPP has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-11.99%
Div Incr Years0
Div Non Decr Years0
HPP Yearly Dividends per shareHPP Yearly Dividends per shareYearly Dividends per share 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0.2 0.4 0.6 0.8

5.3 Sustainability

HPP has negative earnings and hence a negative payout ratio. The dividend may be in danger.
HPP's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP-12.19%
EPS Next 2Y-28.59%
EPS Next 3YN/A
HPP Yearly Income VS Free CF VS DividendHPP Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 -500M -1B -1.5B

HUDSON PACIFIC PROPERTIES IN

NYSE:HPP (2/21/2025, 8:25:57 PM)

After market: 3 0 (0%)

3

-0.11 (-3.54%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)02-20 2025-02-20/amc
Earnings (Next)04-29 2025-04-29/amc
Inst Owners105.68%
Inst Owner Change-91.69%
Ins Owners2.97%
Ins Owner Change2.52%
Market Cap423.69M
Analysts54.44
Price Target4.39 (46.33%)
Short Float %14.83%
Short Ratio4.56
Dividend
Industry RankSector Rank
Dividend Yield 3.33%
Yearly Dividend0.54
Dividend Growth(5Y)-11.99%
DP-12.19%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.17%
Min EPS beat(2)-12.04%
Max EPS beat(2)11.69%
EPS beat(4)3
Avg EPS beat(4)28.24%
Min EPS beat(4)-12.04%
Max EPS beat(4)92.38%
EPS beat(8)6
Avg EPS beat(8)-116.82%
EPS beat(12)7
Avg EPS beat(12)-435.51%
EPS beat(16)9
Avg EPS beat(16)-319.7%
Revenue beat(2)0
Avg Revenue beat(2)-2.59%
Min Revenue beat(2)-4.79%
Max Revenue beat(2)-0.4%
Revenue beat(4)0
Avg Revenue beat(4)-2.09%
Min Revenue beat(4)-4.79%
Max Revenue beat(4)-0.4%
Revenue beat(8)1
Avg Revenue beat(8)-1.35%
Revenue beat(12)5
Avg Revenue beat(12)0.11%
Revenue beat(16)9
Avg Revenue beat(16)1.29%
PT rev (1m)-12.63%
PT rev (3m)-19.74%
EPS NQ rev (1m)-1.58%
EPS NQ rev (3m)-4.03%
EPS NY rev (1m)-14.74%
EPS NY rev (3m)-20.13%
Revenue NQ rev (1m)-2.45%
Revenue NQ rev (3m)-2.45%
Revenue NY rev (1m)-0.17%
Revenue NY rev (3m)-3.61%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 0.5
P/FCF N/A
P/OCF 2.44
P/B 0.14
P/tB 0.15
EV/EBITDA 14.08
EPS(TTM)-1.02
EYN/A
EPS(NY)-1.6
Fwd EYN/A
FCF(TTM)-0.39
FCFYN/A
OCF(TTM)1.23
OCFY41.01%
SpS6.06
BVpS21.44
TBVpS19.57
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -3.55%
ROE -9.75%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 46.99%
FCFM N/A
ROA(3y)-0.95%
ROA(5y)-0.46%
ROE(3y)-2.6%
ROE(5y)-1.31%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)1.33%
ROCE(5y)1.6%
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-42.29%
OM growth 5Y-31.64%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-5.66%
GM growth 5Y-3.58%
F-Score2
Asset Turnover0.1
Health
Industry RankSector Rank
Debt/Equity 1.39
Debt/FCF N/A
Debt/EBITDA 13.05
Cap/Depr 62.29%
Cap/Sales 26.82%
Interest Coverage N/A
Cash Conversion 53.9%
Profit Quality N/A
Current Ratio 0.47
Quick Ratio 0.47
Altman-Z N/A
F-Score2
WACC4.71%
ROIC/WACCN/A
Cap/Depr(3y)108.81%
Cap/Depr(5y)159.35%
Cap/Sales(3y)41.87%
Cap/Sales(5y)59.39%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-45.71%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%466.67%
EPS Next Y-56.45%
EPS Next 2Y-28.59%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-6.16%
Revenue Next Year0.36%
Revenue Next 2Y2.95%
Revenue Next 3Y10.26%
Revenue Next 5YN/A
EBIT growth 1Y-155.36%
EBIT growth 3Y-38.97%
EBIT growth 5Y-27.87%
EBIT Next Year464.66%
EBIT Next 3Y85.08%
EBIT Next 5Y76.11%
FCF growth 1Y57.02%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-51.45%
OCF growth 3Y-8.38%
OCF growth 5Y1.59%