AI Spotlight on HAUTO
Company Description
Höegh Autoliners ASA engages in the deep sea transportation of roll-on roll-off (RoRo) cargoes worldwide.The company offers transportation services for agricultural, automotive, boats, breakbulk, construction and mining equipment, machineries, power equipment, railcars and tramways, trucks, buses, equipment handling, and trailers.It also provides shortsea, terminal, and supply chain management services.
Höegh Autoliners ASA was founded in 1927 and is based in Oslo, Norway.
Market Data
Last Price | 103.1 |
Change Percentage | -2.09% |
Open | 104 |
Previous Close | 105.3 |
Market Cap ( Millions) | 19668 |
Volume | 1030015 |
Year High | 145.5 |
Year Low | 87.9 |
M A 50 | 114.37 |
M A 200 | 118.8 |
Financial Ratios
FCF Yield | 27.40% |
Dividend Yield | 33.63% |
ROE | 52.26% |
Debt / Equity | 46.18% |
Net Debt / EBIDTA | 4.05% |
Price To Book | 15.16 |
Price Earnings Ratio | 3.64 |
Price To FCF | 3.65 |
Price To sales | 1.69 |
EV / EBITDA | 3.16 |
News
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Freight Income
Expected Growth : 2 %
What the company do ?
Freight Income from Höegh Autoliners ASA refers to the revenue generated from the transportation of vehicles and other rolling equipment through its fleet of Pure Car and Truck Carriers.
Why we expect these perspectives ?
Höegh Autoliners ASA's 2% freight income growth is driven by increasing global automotive production, rising demand for finished vehicles, and growing seaborne trade. Additionally, the company's strategic focus on operational efficiency, cost savings, and fleet modernization contribute to its revenue growth.
Segment n°2 -> Terminal Related Income
Expected Growth : 3 %
What the company do ?
Terminal Related Income from Höegh Autoliners ASA refers to revenue generated from terminal operations, including cargo handling and storage fees.
Why we expect these perspectives ?
Höegh Autoliners ASA's 3% terminal related income growth is driven by increasing vehicle production and trade volumes, coupled with strategic partnerships and investments in digitalization and sustainability initiatives. Additionally, the company's focus on operational efficiency and cost savings measures contribute to the growth.
Höegh Autoliners Asa Products
Product Range | What is it ? |
---|---|
Roll-on/Roll-off (RORO) Shipping | Höegh Autoliners ASA provides RORO shipping services for vehicles, heavy equipment, and project cargo, offering a safe and efficient way to transport goods. |
Breakbulk Shipping | The company offers breakbulk shipping services for oversized and heavy cargo, including construction equipment, wind turbines, and other project cargo. |
High and Heavy Cargo Shipping | Höegh Autoliners ASA provides specialized shipping services for high and heavy cargo, including construction equipment, military equipment, and other oversized cargo. |
Project Cargo Shipping | The company offers customized shipping solutions for complex project cargo, including wind turbines, oil and gas equipment, and other specialized cargo. |
Vehicle Shipping | Höegh Autoliners ASA provides vehicle shipping services for cars, trucks, buses, and other vehicles, offering a safe and efficient way to transport vehicles globally. |
Höegh Autoliners ASA's Porter Forces
Threat Of Substitutes
The threat of substitutes for Höegh Autoliners ASA is moderate due to the availability of alternative transportation methods, such as air freight and rail transport. However, the company's specialized RoRo vessels and expertise in breakbulk cargo provide a competitive advantage.
Bargaining Power Of Customers
The bargaining power of customers is relatively low due to the specialized nature of Höegh Autoliners' services and the lack of alternative providers. This gives the company some pricing power and flexibility in its customer relationships.
Bargaining Power Of Suppliers
The bargaining power of suppliers is moderate due to the presence of several shipyards and equipment providers. However, Höegh Autoliners' long-term relationships with its suppliers and its significant purchasing power help to mitigate this risk.
Threat Of New Entrants
The threat of new entrants is low due to the significant barriers to entry in the RoRo shipping industry, including high capital costs, regulatory hurdles, and the need for specialized expertise and equipment.
Intensity Of Rivalry
The intensity of rivalry in the RoRo shipping industry is high due to the presence of several established players, including Grimaldi Lines, Wallenius Wilhelmsen Logistics, and K Line. This competition puts pressure on Höegh Autoliners to maintain its market share and pricing power.
Strength
Capital Structure
Value | |
---|---|
Debt Weight | 23.24% |
Debt Cost | 5.40% |
Equity Weight | 76.76% |
Equity Cost | 5.40% |
WACC | 5.40% |
Leverage | 30.27% |
Höegh Autoliners ASA : Quality Control
Höegh Autoliners ASA passed 6 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
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ESEA | Euroseas Ltd. provides ocean-going transportation services worldwide. The company owns and operates containerships that transport dry and refrigerated containerized cargoes, including manufactured products and perishables. As of May 03, 2022, … |