tiprankstipranks
Trending News
More News >
Halmont Properties Corporation (TSE:HMT)
:HMT
Canadian Market
Advertisement

Halmont Properties (HMT) AI Stock Analysis

Compare
4 Followers

Top Page

TSE:HMT

Halmont Properties

(HMT)

Rating:76Outperform
Price Target:
C$1.00
▼(-9.09% Downside)
Halmont Properties' strong profitability and attractive valuation are key strengths, supported by positive technical indicators. However, challenges in cash flow management and the absence of dividend yield are notable risks. The overall score reflects a balanced view of these factors, with profitability and valuation being the most significant contributors.

Halmont Properties (HMT) vs. iShares MSCI Canada ETF (EWC)

Halmont Properties Business Overview & Revenue Model

Company DescriptionHalmont Properties Corporation invests in real assets in Canada. The company invests in commercial, residential, and forest properties; and provides investment management services for the property and infrastructure sectors. As of December 31, 2021, its property portfolio comprises six heritage commercial buildings; 75% interest in the ground and second-floor premises of a residential condominium complex; 40% equity interest in Haliburton Forest & Wildlife Reserve Limited; 60% net profit partnership interest in the redevelopment of the peripheral lands of the Muskoka Grandview Resort in Huntsville, Ontario. The company was formerly known as H.A.L. Concepts, Ltd. and changed its name to Halmont Properties Corporation in February 2007. Halmont Properties Corporation was incorporated in 2000 and is headquartered in Toronto, Canada.
How the Company Makes MoneyHalmont Properties generates revenue primarily through several key streams: rental income from its portfolio of residential and commercial properties, profits from property sales following redevelopment, and property management fees charged to clients for overseeing their real estate investments. Additionally, the company may engage in joint ventures with other real estate firms or investors, sharing in the profits generated from these collaborations. Strategic partnerships with construction companies and urban planners also facilitate cost-effective property enhancements, further boosting the company's profitability.

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
85
Very Positive
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
70
Positive
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
60
Neutral
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.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue34.22M32.03M14.93M19.51M13.49M11.22M
Gross Profit30.00M30.29M13.63M17.81M11.99M9.66M
EBITDA28.69M29.15M7.77M16.45M11.64M8.89M
Net Income19.63M17.06M17.26M9.82M7.25M5.62M
Balance Sheet
Total Assets411.23M411.77M253.57M224.03M265.82M220.19M
Cash, Cash Equivalents and Short-Term Investments10.97M8.63M0.0072.09M87.00K64.00K
Total Debt140.61M150.56M71.37M56.97M110.08M101.11M
Total Liabilities160.05M168.38M81.25M68.77M119.50M109.67M
Stockholders Equity223.58M216.34M148.50M132.66M124.58M93.33M
Cash Flow
Free Cash Flow890.00K3.14M2.71M845.00K-5.58M19.34M
Operating Cash Flow890.00K3.14M2.71M845.00K1.99M1.14M
Investing Cash Flow-20.25M-104.41M-9.59M55.46M-37.94M-6.26M
Financing Cash Flow21.79M101.53M6.88M-56.39M35.97M5.13M

Halmont Properties Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price1.10
Price Trends
50DMA
1.05
Positive
100DMA
1.02
Positive
200DMA
0.94
Positive
Market Momentum
MACD
0.01
Positive
RSI
54.92
Neutral
STOCH
<0.01
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:HMT, the sentiment is Neutral. The current price of 1.1 is below the 20-day moving average (MA) of 1.12, above the 50-day MA of 1.05, and above the 200-day MA of 0.94, indicating a neutral trend. The MACD of 0.01 indicates Positive momentum. The RSI at 54.92 is Neutral, neither overbought nor oversold. The STOCH value of <0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:HMT.

Halmont Properties Peers Comparison

Overall Rating
UnderperformOutperform
Sector (53)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
76
Outperform
C$170.21M9.258.50%70.26%-21.05%
74
Outperform
C$176.80M4.7414.54%6.04%18.60%48.05%
66
Neutral
C$464.94M15.7417.13%33.53%30.85%
53
Neutral
$1.22B3.15-6.08%5.81%-8.21%-81.31%
50
Neutral
C$127.77M-7.12%3.77%-6.99%34.15%
$102.63M
8.97%
$332.28M52.690.69%2.90%
* Real Estate Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:HMT
Halmont Properties
1.10
0.28
34.15%
TSE:GDC
Genesis Land Dev
3.12
-0.65
-17.24%
TSE:TNT.UN
True NthCommercial
9.14
-1.96
-17.66%
TSE:WFC
Wall Financial
14.53
-5.01
-25.64%
BREUF
Bridgemarq Real Estate Services
10.80
1.74
19.21%
MODVF
Melcor Developments
10.95
2.19
25.00%

Halmont Properties Corporate Events

Private Placements and FinancingM&A TransactionsStock BuybackBusiness Operations and StrategyFinancial Disclosures
Halmont Properties Reports Year-End Results and Strategic Acquisitions
Neutral
Apr 29, 2025

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.

Stock BuybackBusiness Operations and Strategy
Halmont Properties Announces Share Repurchase Plan
Positive
Feb 26, 2025

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.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Sep 03, 2025