-2.09%
-13.43%
-10.19%
-6.10%
-2.83%
281.85%
392.12%

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

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.

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.

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.

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.

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.

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%

Historical Valuation

Price/Earnings Ratio

Margin Valuation

Peers Valuation

Competitors

Company Rational
HXCK.DE Ernst Russ AG is a publicly owned investment manager. It invest in shipping, alternative investments, real estate, private equity and renewable energy. Within ship participation, the firm invests in part-owning …
MPCC.OL MPC Container Ships ASA owns and operates a portfolio of container vessels. The company focuses on feeder vessels between 1,000 and 5,000 twenty-foot equivalent units (TEU). It operates a fleet …
DAC Danaos Corporation, together with its subsidiaries, owns and operates containerships in Australia, Asia, Europe, and the United States. The company offers seaborne transportation services, such as chartering its vessels to …
DIS.MI d'Amico International Shipping S.A., through its subsidiaries, operates as a marine transportation company worldwide. It primarily transports refined petroleum products and vegetable oils through various double-hulled vessels. The company serves …
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, …

Peers Metrics

DCF BETA

Parameters

Short Term Growth
Short term Time
Long-Term Growth
WACC
Target Price
103.1$
Current Price
103.1$
Potential
-0.00%

Expected Cash-Flows

Scoring Insights

Peers Group Analysis

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