Highway Holdings Limited (HIHO)
Industrials · NCM
Fundamentals
Valuation and ratings
Highway Holdings Limited trades at USD1.04, close to the USD1.06 our discounted cash flow model puts on the business. On this measure the market and the model broadly agree, so the interesting question is which of them is wrong.
Our moat model scores it 18 out of 100, which is little in the way of a moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
HIHO dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2024 | USD0.120 | 3 |
| 2023 | USD0.150 | 2 |
| 2022 | USD0.250 | 3 |
| 2021 | USD0.140 | 3 |
| 2020 | USD0.240 | 3 |
| 2018 | USD0.350 | 4 |
| 2017 | USD0.290 | 4 |
| 2016 | USD0.200 | 1 |
| 2015 | USD0.400 | 4 |
| 2014 | USD0.240 | 4 |
| 2013 | USD0.110 | 3 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
About Highway Holdings Limited
Highway Holdings Limited, together with its subsidiaries, manufactures and sells metal, plastic, electric, and electronic parts and components, subassemblies, and finished products in Hong Kong, China, Europe, and North America. The company operates through two segments, Metal Stamping and Mechanical Original Equipment Manufacturer (OEM), and Electric OEM. 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. The company also provides assistance in the design and development of the tooling used in the metal and plastic manufacturing process; manufacturing services, including metal stamping, screen printing, plastic injection molding, pad printing, and electronic assembly of printed circuit boards; and engineering services. In addition, it engages in the trade of plastic injection products; and manufacture and assembly of metal, plastics, mold and electronic products, and automation equipment. The company offers its products to OEMs and contract manufacturers. Highway Holdings Limited was incorporated in 1990 and is headquartered in Sheung Shui, Hong Kong.
HIHO passes 1 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Common questions
Is Highway Holdings Limited (HIHO) undervalued?
Against our discounted cash flow estimate of USD1.06, HIHO at USD1.04 is 2% below fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.
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Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.