HOWARD HUGHES HOLDINGS INC. Financials Howard Hughes Holdings Inc.
Equities
HHH
US44267T1025
Real Estate Development & Operations
|
Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
| 67.78 USD | +0.21% |
|
+2.01% | -20.79% |
| May. 09 | Transcript : Howard Hughes Holdings Inc., Q1 2024 Earnings Call, May 09, 2024 | |
| May. 09 | Howard Hughes' Q1 Loss Widens, Revenue Falls | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 5,403 | 4,301 | 5,569 | 3,782 | 4,284 | 3,372 | - | - |
| Enterprise Value (EV) 1 | 8,879 | 4,301 | 9,317 | 7,903 | 8,955 | 8,173 | 8,391 | 7,778 |
| P/E ratio | 74.2 x | -158 x | 98.8 x | 20.9 x | -7.69 x | 38.3 x | -153 x | 15.8 x |
| Yield | - | - | - | - | - | - | - | - |
| Capitalization / Revenue | 4.15 x | 6.15 x | 3.9 x | 2.35 x | 4.18 x | 2.03 x | 2.24 x | 1.45 x |
| EV / Revenue | 6.83 x | 6.15 x | 6.53 x | 4.91 x | 8.74 x | 4.91 x | 5.57 x | 3.33 x |
| EV / EBITDA | 29 x | 49.7 x | 22.3 x | 15.1 x | 24.8 x | 15.3 x | 20.6 x | 13.1 x |
| EV / FCF | -24.3 x | - | 26.6 x | 15.6 x | 61.1 x | 15.1 x | 15.3 x | 13.1 x |
| FCF Yield | -4.11% | - | 3.76% | 6.43% | 1.64% | 6.64% | 6.52% | 7.66% |
| Price to Book | 1.74 x | - | 1.5 x | 1.07 x | 1.43 x | 1.11 x | 1.17 x | 1.13 x |
| Nbr of stocks (in thousands) | 42,611 | 54,495 | 54,719 | 49,495 | 50,079 | 49,850 | - | - |
| Reference price 2 | 126.8 | 78.93 | 101.8 | 76.42 | 85.55 | 67.64 | 67.64 | 67.64 |
| Announcement Date | 2/27/20 | 2/25/21 | 2/28/22 | 2/27/23 | 2/27/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,301 | 699.5 | 1,428 | 1,608 | 1,024 | 1,665 | 1,505 | 2,333 |
| EBITDA 1 | 306.1 | 86.57 | 418.5 | 523.8 | 360.4 | 535.4 | 408 | 595.6 |
| EBIT 1 | 150.3 | -130.9 | 241.9 | 369.1 | 144.3 | 321.8 | 132 | 346.5 |
| Operating Margin | 11.56% | -18.71% | 16.94% | 22.95% | 14.09% | 19.33% | 8.77% | 14.85% |
| Earnings before Tax (EBT) 1 | 103.5 | 8.48 | 64.08 | 245.1 | -715.3 | 139.1 | -14.29 | 215.1 |
| Net income 1 | 73.96 | -26.15 | 56.1 | 184.5 | -551.8 | 96.53 | -19.06 | 215.1 |
| Net margin | 5.69% | -3.74% | 3.93% | 11.47% | -53.88% | 5.8% | -1.27% | 9.22% |
| EPS 2 | 1.710 | -0.5000 | 1.030 | 3.650 | -11.13 | 1.765 | -0.4423 | 4.275 |
| Free Cash Flow 1 | -364.8 | - | 349.9 | 508.2 | 146.5 | 542.4 | 546.7 | 595.6 |
| FCF margin | -28.05% | - | 24.5% | 31.6% | 14.31% | 32.58% | 36.32% | 25.53% |
| FCF Conversion (EBITDA) | - | - | 83.61% | 97.03% | 40.66% | 101.3% | 134.02% | 100.01% |
| FCF Conversion (Net income) | - | - | 623.68% | 275.4% | - | 561.84% | - | 276.94% |
| Dividend per Share | - | - | - | - | - | - | - | - |
| Announcement Date | 2/27/20 | 2/25/21 | 2/28/22 | 2/27/23 | 2/27/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 805.7 | 210.2 | 276.7 | 639.5 | 482 | 196.3 | 223.3 | 268.7 | 335.8 | 171.1 | 258 | 258 | 981 | - | - |
| EBITDA | 258.5 | 61.25 | 112 | 207.2 | 175.7 | 66.95 | 53.85 | 101.3 | 138.3 | - | - | - | - | - | - |
| EBIT | 202.2 | 12.66 | 63.05 | 157.2 | 136.2 | 14.94 | 0.63 | 45.37 | 83.34 | - | - | - | - | - | - |
| Operating Margin | 25.09% | 6.02% | 22.79% | 24.58% | 28.26% | 7.61% | 0.28% | 16.89% | 24.81% | - | - | - | - | - | - |
| Earnings before Tax (EBT) 1 | 143.2 | 2.872 | 28.7 | 141.5 | 72.04 | -23.9 | -34.51 | -688.9 | 32.03 | -69.66 | 8.5 | 8.7 | 180.3 | -5.2 | 2.1 |
| Net income 1 | 113.8 | 2.122 | 21.56 | 108.1 | 52.75 | -22.74 | -19.14 | -544.2 | 34.3 | -52.48 | 6.8 | 6.9 | 142.5 | -4.1 | 1.7 |
| Net margin | 14.12% | 1.01% | 7.79% | 16.9% | 10.94% | -11.59% | -8.57% | -202.55% | 10.21% | -30.66% | 2.64% | 2.67% | 14.53% | - | - |
| EPS 2 | 2.090 | 0.0400 | 0.4200 | 2.190 | 1.070 | -0.4600 | -0.3900 | -10.97 | 0.6900 | -1.060 | -0.5164 | -0.6313 | 4.535 | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/28/22 | 5/9/22 | 8/3/22 | 11/2/22 | 2/27/23 | 5/8/23 | 8/8/23 | 11/6/23 | 2/27/24 | 5/8/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 3,476 | - | 3,748 | 4,121 | 4,671 | 4,801 | 5,019 | 4,407 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 11.36 x | - | 8.956 x | 7.867 x | 12.96 x | 8.967 x | 12.3 x | 7.399 x |
| Free Cash Flow 1 | -365 | - | 350 | 508 | 147 | 542 | 547 | 596 |
| ROE (net income / shareholders' equity) | 2.36% | - | 1.51% | 5.09% | -16.9% | 4.41% | -0.41% | 7.28% |
| ROA (Net income/ Total Assets) | 0.94% | - | 0.6% | 1.92% | -5.75% | 1.42% | -0.13% | 2.3% |
| Assets 1 | 7,884 | - | 9,361 | 9,593 | 9,590 | 6,788 | 14,548 | 9,343 |
| Book Value Per Share 2 | 72.70 | - | 67.90 | 71.30 | 59.80 | 61.00 | 58.10 | 59.60 |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex | 681 | - | - | - | - | - | - | - |
| Capex / Sales | 52.38% | - | - | - | - | - | - | - |
| Announcement Date | 2/27/20 | 2/25/21 | 2/28/22 | 2/27/23 | 2/27/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B+
Sell
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
67.64
USD
Average target price
88.25
USD
Spread / Average Target
+30.47%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -20.97% | 3.37B | |
| +17.32% | 29.15B | |
| -5.15% | 27.94B | |
| +26.23% | 26.02B | |
| +16.84% | 24.95B | |
| +40.97% | 22.49B | |
| +20.06% | 22.19B | |
| -4.42% | 18.48B | |
| +2.83% | 16.73B | |
| +22.53% | 15.89B |
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