Highway Holdings Limited is a metal fabrication business based in the US. Highway shares (HIHO) are listed on the NASDAQ and all prices are listed in US Dollars.
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| Latest market close | $2.27 |
|---|---|
| 52-week range | $1.95 - $4.84 |
| 50-day moving average | $2.24 |
| 200-day moving average | $3.20 |
| Wall St. target price | N/A |
| PE ratio | 45.2 |
| Dividend yield | $0.14 (8.56%) |
| Earnings per share (TTM) | $0.05 |
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The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Historical closes compared with the close of $2.27 from 2022-07-06
| 1 week (2022-06-30) | 0.44% |
|---|---|
| 1 month (2022-06-07) | -4.62% |
| 3 months (2022-04-07) | -12.69% |
| 6 months (2022-01-07) | -41.79% |
| 1 year (2021-07-07) | -37.47% |
|---|---|
| 2 years (2020-07-07) | 0.89% |
| 3 years (2019-07-05) | 2.72 |
| 5 years (2017-07-07) | 3.75 |
Valuing Highway stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Highway's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Highway's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 45x. In other words, Highway shares trade at around 45x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Highway's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $243,500.
The EBITDA is a measure of a Highway's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $11.2 million |
|---|---|
| Operating margin TTM | 0.66% |
| Gross profit TTM | $2.7 million |
| Return on assets TTM | 0.3% |
| Return on equity TTM | 2.83% |
| Profit margin | 2.33% |
| Book value | $2.48 |
| Market capitalisation | $9.1 million |
TTM: trailing 12 months
Dividend payout ratio: 97.31% of net profits
Recently Highway has paid out, on average, around 97.31% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 8.56% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Highway shareholders could enjoy a 8.56% return on their shares, in the form of dividend payments. In Highway's case, that would currently equate to about $0.14 per share.
Highway's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Highway's most recent dividend payout was on 7 April 2022. The latest dividend was paid out to all shareholders who bought their shares by 6 March 2022 (the "ex-dividend date").
Over the last 12 months, Highway's shares have ranged in value from as little as $1.95 up to $4.8366. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Highway's is 0.4841. This would suggest that Highway's shares are less volatile than average (for this exchange).
Highway Holdings Limited, together with its subsidiaries, manufactures and supplies metal, plastic, electric, and electronic components, subassemblies, and finished products for original equipment manufacturers (OEMs) and contract manufacturers. It operates through two segments: Metal Stamping and Mechanical OEM; and Electric OEM. The company also trades in plastic injection products; and manufactures and assembles automation equipment. Its products are used in the manufacture of products, such as photocopiers, laser printers, print cartridges, electrical connectors, electrical circuits, vacuum cleaners, LED power supplies, stepping motors, pumps for dishwashers, and other washing machine components. In addition, the company assists customers in the design and development of the tooling used in the metal and plastic manufacturing process, as well as provides an array of other manufacturing and engineering services, including metal stamping, screen printing, plastic injection molding, pad printing, and electronic assembly of printed circuit boards. It serves customers in Hong Kong and China, Europe, North America, and other Asian countries. Highway Holdings Limited was incorporated in 1990 and is headquartered in Sheung Shui, Hong Kong.
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