Financials Höegh Autoliners ASA

Equities

HAUTO

NO0011082075

Marine Freight & Logistics

Market Closed - Oslo Bors 10:45:00 2024-04-26 am EDT 5-day change 1st Jan Change
107.2 NOK +3.08% Intraday chart for Höegh Autoliners ASA +11.67% +16.21%

Valuation

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Capitalization 1 494.1 1,264 1,731 1,852 - -
Enterprise Value (EV) 1 494.1 1,643 1,783 2,296 2,356 2,359
P/E ratio 3.99 x 4.25 x 2.96 x 3.21 x 3.33 x 3.92 x
Yield - 6.27% - 34.8% 26.5% 22.6%
Capitalization / Revenue 1.45 x 2.16 x 1.2 x 1.29 x 1.25 x 1.29 x
EV / Revenue 1.45 x 2.81 x 1.23 x 1.6 x 1.59 x 1.65 x
EV / EBITDA 2.35 x 3.68 x 2.42 x 3.08 x 3.18 x 3.52 x
EV / FCF 3.63 x 6.09 x 3.14 x 4.04 x 4.95 x 5.43 x
FCF Yield 27.5% 16.4% 31.9% 24.7% 20.2% 18.4%
Price to Book - 1.19 x 1.23 x 1.55 x 1.5 x 1.36 x
Nbr of stocks (in thousands) 189,201 190,770 190,770 190,770 - -
Reference price 2 2.612 6.624 9.075 9.707 9.707 9.707
Announcement Date 2/10/22 2/9/23 2/8/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net sales 1 - 341 585.6 1,446 1,432 1,479 1,433
EBITDA 1 - 210 446.7 735.5 744.3 740 669.5
EBIT 1 - 75.54 295.2 589.9 614.5 596.2 518.3
Operating Margin - 22.15% 50.42% 40.8% 42.91% 40.32% 36.17%
Earnings before Tax (EBT) 1 - 128.7 313.6 597.9 574.6 555.9 470.4
Net income 1 -18.67 124.8 298.6 589.6 577 557.2 471.8
Net margin - 36.59% 50.99% 40.77% 40.29% 37.68% 32.92%
EPS 2 -0.7183 0.6540 1.560 3.070 3.022 2.919 2.474
Free Cash Flow 1 - 136 269.7 568 568.2 476.2 434.3
FCF margin - 39.88% 46.06% 39.28% 39.68% 32.2% 30.31%
FCF Conversion (EBITDA) - 64.75% 60.38% 77.23% 76.35% 64.35% 64.88%
FCF Conversion (Net income) - 108.99% 90.34% 96.35% 98.49% 85.47% 92.06%
Dividend per Share 2 - - 0.4150 - 3.377 2.570 2.193
Announcement Date 6/30/21 2/10/22 2/9/23 2/8/24 - - -
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 1 113.9 111.4 139.7 146.7 187.8 353.7 355.8 354.7 381.9 328.2 364 368.3 372 375 370.3
EBITDA 1 79 77.64 99.11 114 156 171 180.9 185.2 198.9 163 188.9 194.7 198.2 195 188.7
EBIT 1 46.47 42.13 57.89 77.97 117.3 133.5 144.8 149.8 163.3 129.6 155.5 166.4 163.3 159.7 152.7
Operating Margin 40.8% 37.81% 41.43% 53.16% 62.44% 37.75% 40.69% 42.23% 42.75% 39.5% 42.72% 45.17% 43.9% 42.58% 41.22%
Earnings before Tax (EBT) 1 146.5 34.01 64.29 95.37 119.9 123.8 136.3 143.1 194.7 112.7 148.3 159 154.9 149 140.7
Net income 1 139.9 35.62 53.15 91.89 117.9 117.2 132.9 142.2 197.4 115.1 148 159 155.1 150.3 141.3
Net margin 122.8% 31.97% 38.04% 62.65% 62.8% 33.14% 37.34% 40.08% 51.68% 35.07% 40.67% 43.16% 41.7% 40.09% 38.16%
EPS 2 0.7330 0.1900 0.2800 0.4800 0.6200 0.6100 0.7000 0.7400 1.030 0.6000 0.7753 0.8321 0.8120 0.7867 0.7367
Dividend per Share 2 - - - 0.1000 0.2310 0.3150 - 0.3700 - - 0.6183 1.059 0.8084 0.7667 0.7700
Announcement Date 2/10/22 5/5/22 8/11/22 10/28/22 2/9/23 5/3/23 8/18/23 10/26/23 2/8/24 4/23/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - 379 51.5 444 505 507
Net Cash position 1 - - - - - - -
Leverage (Debt/EBITDA) - - 0.8493 x 0.07 x 0.5969 x 0.6817 x 0.7574 x
Free Cash Flow 1 - 136 270 568 568 476 434
ROE (net income / shareholders' equity) - 5.73% 29.8% 47.6% 44.3% 46.3% 37.4%
ROA (Net income/ Total Assets) - 2.47% 16.3% 30.9% 27.6% 26.5% 18.3%
Assets 1 - 5,055 1,830 1,906 2,094 2,104 2,571
Book Value Per Share 2 - - 5.570 7.400 6.250 6.450 7.130
Cash Flow per Share - - - - - - -
Capex 1 - 23.7 136 178 304 328 256
Capex / Sales - 6.94% 23.17% 12.32% 21.21% 22.2% 17.89%
Announcement Date 6/30/21 2/10/22 2/9/23 2/8/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
9.707 USD
Average target price
13.8 USD
Spread / Average Target
+42.14%
Consensus
  1. Stock Market
  2. Equities
  3. HAUTO Stock
  4. Financials Höegh Autoliners ASA