Financials Heartland Group Holdings Limited

Equities

HGH

NZHGHE0007S9

Banks

End-of-day quote New Zealand S.E. Other stock markets 03:30:00 10/05/2024 am IST			5-day change	1st Jan Change
1 ^NZD	0.00%		-2.91%	-32.43%

30/04	Heartland Group Completes Challenger Bank Acquisition	MT
30/04	Heartland Group Holdings Limited Announces Board and Management Updates	CI

Valuation

Fiscal Period: June	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	939.4	714.6	1,213	1,127	1,206	930.6	-	-
Enterprise Value (EV) ¹	939.4	714.6	1,213	1,127	1,206	930.6	930.6	930.6
P/E ratio	12.7 x	9.84 x	13.9 x	11.8 x	12.1 x	8.57 x	7.56 x	6.23 x
Yield	6.06%	5.69%	5.31%	6.58%	6.76%	6.77%	7.97%	9.47%
Capitalization / Revenue	4.56 x	3.04 x	4.83 x	4.21 x	4.23 x	3.16 x	2.63 x	2.31 x
EV / Revenue	4.56 x	3.04 x	4.83 x	4.21 x	4.23 x	3.16 x	2.63 x	2.31 x
EV / EBITDA	-	-	-	-	-	-	-	-
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Price to Book	1.38 x	1.01 x	1.59 x	1.39 x	1.17 x	0.82 x	0.78 x	0.73 x
Nbr of stocks (in thousands)	5,69,338	5,80,979	5,85,904	5,92,904	7,09,658	9,30,561	-	-
Reference price ²	1.650	1.230	2.070	1.900	1.700	1.000	1.000	1.000
Announcement Date	14/08/19	16/09/20	23/08/21	22/08/22	28/08/23	-	-	-

¹NZD in Million²NZD

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	205.8	235.3	251.2	267.6	285.3	294.9	353.7	402.7
EBITDA	-	-	-	-	-	-	-	-
EBIT ¹	120.3	126.5	129.4	150.8	157.2	132	157	195.1
Operating Margin	58.42%	53.73%	51.53%	56.35%	55.1%	44.76%	44.37%	48.45%
Earnings before Tax (EBT) ¹	101.5	99.13	118.6	137	134	127	161.7	207.8
Net income ¹	73.62	72	87	95.1	95.9	93.08	117.7	150.3
Net margin	35.76%	30.59%	34.64%	35.54%	33.61%	31.56%	33.28%	37.32%
EPS ²	0.1300	0.1250	0.1490	0.1610	0.1400	0.1167	0.1323	0.1605
Free Cash Flow	-	-	-	-	-	-	-	-
FCF margin	-	-	-	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-	-	-	-
Dividend per Share ²	0.1000	0.0700	0.1100	0.1250	0.1150	0.0677	0.0797	0.0947
Announcement Date	14/08/19	16/09/20	23/08/21	22/08/22	28/08/23	-	-	-

¹NZD in Million²NZD

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: June	2023 S1
Net sales ¹	144.2
EBITDA	-
EBIT	-
Operating Margin	-
Earnings before Tax (EBT)	-
Net income	-
Net margin	-
EPS	-
Dividend per Share ²	0.0550
Announcement Date	27/02/23

¹NZD in Million²NZD

Estimates

Balance Sheet Analysis

Fiscal Period: June	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-	-	-	-
Net Cash position	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Free Cash Flow	-	-	-	-	-	-	-	-
ROE (net income / shareholders' equity)	11.1%	11.4%	11.9%	12.1%	10.4%	8.97%	9.18%	11.1%
ROA (Net income/ Total Assets)	-	-	2.16%	2.15%	2.12%	1.06%	1.25%	1.47%
Assets ¹	-	-	4,035	4,430	4,526	8,764	9,416	10,195
Book Value Per Share ²	1.200	1.210	1.300	1.360	1.450	1.220	1.280	1.360
Cash Flow per Share	-	-	-	-	-	-	-	-
Capex	-	-	-	-	-	-	-	-
Capex / Sales	-	-	-	-	-	-	-	-
Announcement Date	14/08/19	16/09/20	23/08/21	22/08/22	28/08/23	-	-	-

¹NZD in Million²NZD

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Heartland Group Holdings Limited

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

1 NZD

Average target price

1.367 NZD

Spread / Average Target

+36.67%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

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