Hansard Global (HSD) AI Stock Analysis

• Market Cap: £69.51M
• Dividend Yield: 8.75%
• Average Volume (3M): 24.12K
• Price to Earnings (P/E): 43.5
• Beta (1Y): 0.24
• Revenue Growth: 35.39%
• EPS Growth: -76.12%
• Country: UK
• Employees: 182
• Sector: Financial
• Sector Strength: 78
• Industry: Insurance - Life
• EPS (TTM): <0.01
• Shares Outstanding: 137,557,070
• 10 Day Avg. Volume: 25,003
• 30 Day Avg. Volume: 24,119
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: £48.00
• Price Target Upside: -5.60% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 48 Neutral
• Price Target: 48.00p ▼(-5.60% Downside)

Hansard Global's overall stock score is driven primarily by its mixed financial performance, characterized by modest growth and profitability metrics, alongside strong balance sheet health with low leverage. However, technical indicators suggest bearish momentum, and a high P/E ratio raises valuation concerns despite an unusually high dividend yield.

Hansard Global Business Overview & Revenue Model

Company Description

Hansard Global plc operates as a specialist long-term savings provider that offers savings and investment products for investors, institutions, and wealth-management groups worldwide. The company offers unit-linked regular or single premium life assurance and investment contracts; administration services; and marketing and development services. It also operates Hansard OnLine, a sales and business administration tool that is used by independent financial advisors (IFAs) and clients. The company distributes its products through IFAs, as well as through the retail operations of financial institutions. Hansard Global plc was founded in 1970 and is headquartered in Douglas, the United Kingdom.

How the Company Makes Money

Hansard Global makes money through the sale and administration of life assurance and investment-linked savings products. The company generates revenue primarily from the fees charged on these products, including initial charges, annual management fees, and other policy-related fees. These fees are collected over the duration of the policies, which often span several years, providing the company with a steady income stream. Hansard Global also earns investment income from the management of policyholder funds, benefiting from the appreciation of assets under management. Significant partnerships with financial advisors and intermediaries play a crucial role in distributing their products across various international markets, thereby expanding their customer base and enhancing revenue potential.

Hansard Global Financial Statement Overview

Summary

Hansard Global shows a mixed financial performance with stable but modest growth and profitability metrics. The income statement reveals operational challenges with negative EBIT and EBITDA margins. The balance sheet is relatively strong with low leverage, but there are concerns regarding operational efficiency and cash flow sustainability.

Income Statement

Hansard Global shows a fluctuating revenue trend with a recent growth rate of 6.78% from 2023 to 2024. However, the company has experienced negative EBIT and EBITDA margins, indicating operational challenges. Net profit margin remains positive but narrow, suggesting limited profitability.

Balance Sheet

The balance sheet reflects low leverage with a debt-to-equity ratio of 0.13, highlighting financial stability. However, the return on equity is modest at 25.12%, and the equity ratio is quite low at 1.51%, pointing to potential risks in asset financing.

Cash Flow

Cash flow analysis shows a decrease in free cash flow from 2023 to 2024, though the free cash flow to net income ratio remains adequate. Operating cash flow covers net income, yet the company faces challenges in sustaining strong cash flow growth.

Breakdown	TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement
Total Revenue	153.60M	48.80M	45.70M	48.80M	50.50M	49.50M
Gross Profit	136.80M	37.30M	35.40M	37.80M	39.10M	38.40M
EBITDA	12.10M	-93.60M	-18.90M	125.40M	-139.50M	6.40M
Net Income	1.60M	5.20M	5.70M	3.60M	4.90M	4.50M
Balance Sheet
Total Assets	1.37B	1.37B	1.32B	1.31B	1.43B	1.28B
Cash, Cash Equivalents and Short-Term Investments	46.30M	1.22B	142.40M	158.60M	140.90M	166.20M
Total Debt	2.70M	2.70M	2.90M	2.30M	2.70M	3.00M
Total Liabilities	1.35B	1.35B	1.30B	1.29B	1.41B	1.25B
Stockholders Equity	17.60M	20.70M	21.80M	22.20M	24.70M	25.90M
Cash Flow
Free Cash Flow	15.10M	2.30M	400.00K	6.80M	22.00M	6.10M
Operating Cash Flow	12.90M	6.20M	7.00M	11.30M	25.80M	9.10M
Investing Cash Flow	-5.90M	-4.10M	-6.30M	-4.50M	-3.80M	-2.80M
Financing Cash Flow	-6.10M	-6.30M	-6.30M	-6.60M	-6.50M	-6.50M

Hansard Global Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 50.85
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:HSD, the sentiment is Positive. The current price of 50.85 is above the 20-day moving average (MA) of 50.61, above the 50-day MA of 49.76, and above the 200-day MA of 47.47, indicating a bullish trend. The MACD of 0.42 indicates Positive momentum. The RSI at 55.79 is Neutral, neither overbought nor oversold. The STOCH value of 43.94 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:HSD.

Hansard Global Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
JUP	73 Outperform	£633.08M	10.69	7.11%	3.60%	-4.38%	―
CSN	70 Outperform	£655.09M	128.13	-2.53%	7.74%	-48.03%	-289.17%
PRU	70 Outperform	£25.36B	9.78	20.51%	1.96%	37.94%	291.37%
Sector *	68 Neutral	$17.95B	11.54	10.27%	3.74%	9.64%	1.17%
PHNX	65 Neutral	£6.81B	―	-60.34%	8.25%	-6.33%	―
IPO	49 Neutral	£552.25M	―	-18.71%	―	―	-20.81%
HSD	48 Neutral	£69.51M	43.46	8.08%	8.75%	35.39%	-76.12%

Hansard Global Corporate Events

Hansard Global Mourns the Loss of Founder Dr. Leonard Polonsky

Hansard Global plc announced the passing of its founder and President, Dr. Leonard Polonsky CBE, at the age of 97. Dr. Polonsky, a respected figure in the financial services industry, established the company’s predecessor in 1970 and was known for his philanthropic efforts through the Polonsky Foundation. Despite his passing, the Leonard Polonsky Revocable Trust will continue as the controlling shareholder, ensuring the company’s operations remain unaffected. The management assures stakeholders that Hansard will continue its operations as usual, maintaining stability and continuity.