Halmont Properties (HMT) AI Stock Analysis

• Market Cap: C$184.14M
• Dividend Yield: N/A
• Average Volume (3M): 83.00
• Price to Earnings (P/E): 9.5
• Beta (1Y): 1.35
• Revenue Growth: 93.57%
• EPS Growth: -1.26%
• Country: CA
• Employees: N/A
• Sector: Real Estate
• Sector Strength: 81
• Industry: Real Estate - Development
• EPS (TTM): 0.13
• Shares Outstanding: 83,940,000
• 10 Day Avg. Volume: 50
• 30 Day Avg. Volume: 83
• PEG Ratio: 0.02
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Halmont Properties scores well due to strong financial performance, particularly in revenue and profit margins, despite high leverage. Technical indicators show positive momentum, supporting investor confidence. The valuation is appealing with a low P/E ratio, and the share repurchase plan further enhances shareholder value, making it an attractive option in the real estate development sector.

Halmont Properties Business Overview & Revenue Model

Company Description

Halmont Properties (HMT) is a real estate investment company that focuses on acquiring, managing, and developing high-quality properties across various sectors including residential, commercial, and industrial real estate. The company is dedicated to delivering sustainable growth and value to its stakeholders through strategic investments and innovative property management solutions.

How the Company Makes Money

Halmont Properties generates revenue primarily through rental income from its property portfolio, which includes residential apartments, commercial office spaces, and industrial facilities. The company also earns money through property development projects, where it buys land, constructs buildings, and sells or leases them at a profit. Additionally, Halmont may engage in strategic partnerships and joint ventures to enhance its investment capabilities and expand its market reach. The company's earnings are further supported by property management fees and consulting services provided to third-party property owners. Economic factors such as market demand, property valuation, and interest rates can significantly influence Halmont's revenue.

Halmont Properties Financial Statement Overview

Summary

Halmont Properties demonstrates strong revenue and profit growth, supported by high margins. While the balance sheet reveals significant leverage, it is counterbalanced by a solid ROE and stable equity ratio. Cash flow conversions from net income are areas for improvement, but overall, the company is positioned well in the real estate development sector. The component scores are: Income Statement (85), Balance Sheet (70), Cash Flow (60).

Income Statement

Halmont Properties shows robust revenue growth from $14.9M to $32.0M (114.5% increase) between 2023 and 2024. The gross profit margin is exceptionally high at 94.57%, and the net profit margin is solid at 53.26%. EBIT and EBITDA margins are both strong at 91.03%. This indicates efficient operations and strong pricing power.

Balance Sheet

The company maintains a high debt-to-equity ratio of 0.70, reflecting significant leverage. However, the return on equity (ROE) is impressive at 7.89%, indicating good profitability from its equity base. The equity ratio is stable at 52.54%, suggesting a balanced capital structure between debt and equity.

Cash Flow

Free cash flow growth is modest, following a slight increase from $2.71M to $3.14M (15.88%). The operating cash flow to net income ratio is 0.18, and the free cash flow to net income ratio is also 0.18, indicating room for improvement in translating profits into cash flows.

Breakdown
Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
14.93M	19.51M	13.49M	11.22M	13.47M
	Gross Profit
13.63M	17.81M	11.99M	9.66M	11.70M
	EBIT
12.96M	16.45M	11.64M	3.34M	6.70M
	EBITDA
7.77M	16.45M	11.64M	8.89M	11.20M
	Net Income Common Stockholders
17.26M	9.82M	7.25M	5.62M	6.48M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
0.00	72.09M	87.00K	64.00K	58.00K
	Total Assets
253.57M	224.03M	265.82M	220.19M	207.15M
	Total Debt
71.37M	56.97M	110.08M	101.11M	93.35M
	Net Debt
71.37M	56.97M	110.00M	101.05M	93.29M
	Total Liabilities
81.25M	68.77M	119.50M	109.67M	101.65M
	Stockholders Equity
148.50M	132.66M	124.58M	93.33M	88.80M
Cash Flow		Free Cash Flow
2.71M	845.00K	-5.58M	19.34M	34.16M
	Operating Cash Flow
2.71M	845.00K	1.99M	1.14M	1.98M
	Investing Cash Flow
-9.59M	55.46M	-37.94M	-6.26M	-38.37M
	Financing Cash Flow
6.88M	-56.39M	35.97M	5.13M	36.40M

Halmont Properties Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.19
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:HMT, the sentiment is Positive. The current price of 1.19 is above the 20-day moving average (MA) of 1.01, above the 50-day MA of 0.97, and above the 200-day MA of 0.81, indicating a bullish trend. The MACD of 0.04 indicates Negative momentum. The RSI at 87.43 is Negative, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:HMT.

Halmont Properties Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MRD	76 Outperform	$372.45M	11.18	2.70%	3.59%	10.87%	-46.32%
GDC	74 Outperform	C$175.95M	4.45	15.16%	―	49.81%	81.65%
HMT	72 Outperform	C$184.14M	9.50	8.51%	―	93.57%	-1.26%
Sector *	60 Neutral	$2.81B	11.31	0.21%	8508.38%	6.19%	-15.39%
WFC	60 Neutral	C$422.04M	15.47	16.17%	―	26.85%	7.42%
TNT.UN	56 Neutral	C$132.52M	―	-4.82%	0.62%	-4.01%	41.98%
BRE	48 Neutral	$134.86M	―	4.67%	9.42%	622.68%	-395.54%

Halmont Properties Corporate Events

Halmont Properties Reports Year-End Results and Strategic Acquisitions

Halmont Properties Corporation reported a slight decrease in net income for the year ended December 31, 2024, with $18.39 million compared to $18.49 million in the previous year. The company completed a significant transition of its commercial property and forest asset portfolio, doubling its equity base and increasing the book value of its shares. Key transactions included acquiring interests in properties in Toronto and expanding investments in forest properties, enhancing its long-term growth strategy. Additionally, Halmont issued $50 million in Series II convertible preferred shares to support future investments, and plans to repurchase shares if they trade below book value.

Spark’s Take on TSE:HMT Stock

According to Spark, TipRanks’ AI Analyst, TSE:HMT is a Outperform.

Halmont Properties shows strong profitability and a solid valuation, driving a positive outlook for the stock. Technical indicators also suggest a positive trend, although there is some caution due to potential overbought conditions. The lack of earnings call insights or significant corporate events means these areas do not impact the score. Challenges with revenue consistency and cash flow management are areas to watch but do not significantly detract from the overall positive assessment.

To see Spark’s full report on TSE:HMT stock, click here.

Halmont Properties Announces Share Repurchase Plan

Halmont Properties Corporation has announced the approval of its plan to repurchase up to 4,642,598 multiple voting shares, representing 10% of its public float, through a normal course issuer bid. This initiative, facilitated by RBC Capital Markets, is set to run from March 4, 2025, to March 3, 2026, and is seen as a strategic move to utilize funds effectively and benefit shareholders by potentially increasing the value of remaining shares.