Houghton Mifflin Harcourt Company (HMHC)

Apr 7, 2022 - HMHC was delisted (reason: acquired by Veritas Capital)
21.03
0.02 (0.10%)
At close: Apr 6, 2022 4:00 PM
21.08
0.05 (0.24%)
After-hours:Apr 6, 2022 7:50 PM EDT

Total Valuation

HMHC has a market cap or net worth of $2.69 billion. The enterprise value is $2.67 billion.

Market Cap2.69B
Enterprise Value2.67B

Important Dates

The latest earnings date was Thursday, May 5, 2022, before market open.

Last Earnings DateMay 5, 2022
Ex-Dividend Daten/a

Share Statistics

HMHC has 127.69 million shares outstanding. The number of shares has increased by 1.45% in one year.

Shares Outstanding127.69M
Shares Change (YoY)+1.45%
Shares Change (QoQ)+0.01%
Owned by Insiders (%)1.54%
Owned by Institutions (%)88.59%
Float125.57M

Valuation Ratios

PE Ratio12.54
Forward PEn/a
PS Ratio2.56
PB Ratio8.13
P/FCF Ratio11.75
PEG Ratio-1.33
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 5.79, with a EV/FCF ratio of 11.70.

EV / Earnings12.52
EV / Sales2.55
EV / EBITDA5.79
EV / EBIT10.65
EV / FCF11.70

Financial Position

The company has a current ratio of 1.39, with a Debt / Equity ratio of 1.37.

Current Ratio1.39
Quick Ratio1.10
Debt / Equity1.37
Debt / EBITDA0.98
Debt / FCF1.98

Financial Efficiency

Return on equity (ROE) is 83.70%, which is very high. The company has a high ROIC of 30.10%.

Return on Equity (ROE)83.70%
Return on Assets (ROA)10.90%
Return on Capital (ROIC)30.10%
Revenue Per Employee$456,870
Profits Per Employee$92,860
Employee Count2,300
Asset Turnover0.54
Inventory Turnover3.94

Taxes

In the past 12 months, HMHC has paid $2.69 million in taxes.

Income Tax2.69M
Effective Tax Rate1.24%

Stock Price Statistics

The stock price has increased by +110.38% in the last 52 weeks. The beta is 1.14, so HMHC's price volatility has been higher than the market average.

Beta (1Y)1.14
52-Week Price Change+110.38%
50-Day Moving Average20.79
200-Day Moving Average16.88
Average Volume (30 Days)5,071,321

Short Selling Information

The latest short interest is 5.13 million, so 4.02% of the outstanding shares have been sold short.

Short Interest5.13M
Short % of Shares Out4.02%
Short % of Float4.09%
Short Ratio (days to cover)0.64

Income Statement

In the last 12 months, HMHC had revenue of $1.05 billion and earned 213.58 million in profits. Earnings per share was $1.68.

Revenue1.05B
Gross Profit532.79M
Operating Income48.18M
Pretax Income216.26M
Net Income213.58M
EBITDA461.94M
EBIT251.26M
Earnings Per Share (EPS)$1.68
Full Income Statement

Balance Sheet

The company has $463.13 million in cash and $452.54 million in debt, giving a net cash position of $10.59 million or $0.08 per share.

Cash & Cash Equivalents463.13M
Total Debt452.54M
Net Cash10.59M
Net Cash Per Share$0.08
Book Value330.42M
Book Value Per Share2.59
Working Capital213.42M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $267.67 million and capital expenditures -$39.09 million, giving a free cash flow of $228.58 million.

Operating Cash Flow267.67M
Capital Expenditures-39.09M
Free Cash Flow228.58M
FCF Per Share$1.79
Full Cash Flow Statement

Margins

Gross margin is 50.70%, with operating and profit margins of 4.59% and 20.33%.

Gross Margin50.70%
Operating Margin4.59%
Pretax Margin20.58%
Profit Margin20.33%
EBITDA Margin43.96%
EBIT Margin23.91%
FCF Margin21.75%

Dividends & Yields

HMHC does not appear to pay any dividends at this time.

Dividend Per Sharen/a
Dividend Yieldn/a
Earnings Yield7.95%
FCF Yield8.51%
Dividend Growth (YoY)n/a
Payout Ration/a
Buyback Yield-4.74%
Shareholder Yield-4.74%
Dividend Details

Analyst Forecast

The average price target for HMHC is $21.42, which is 1.85% higher than the current price. The consensus rating is "Sell".

Price Target$21.42
Price Target Difference1.85%
Analyst ConsensusSell
Analyst Count7
Stock Forecasts

Stock Splits

The last stock split was on October 22, 2013. It was a reverse split with a ratio of 1:2.

Last Split DateOct 22, 2013
Split TypeReverse
Split Ratio1:2