HCHC's price/sales ratio is 0.06; that's higher than the P/S ratio of just 1.49% of US stocks.
HCHC's equity multiplier -- a measure of assets relative to shareholders'equity -- is greater than that of 98.8% of US stocks.
Hc2 Holdings Inc's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 136.04%, greater than the shareholder yield of 97.5% of stocks in our set.
Stocks with similar financial metrics, market capitalization, and price volatility to Hc2 Holdings Inc are WSG, CNSL, SQBG, GPRK, and NGL.
HC2 Holdings, Inc. engages in manufacturing, marine services, insurance, telecommunications, utilities, life sciences, and other businesses in the United States, the United Kingdom, and internationally. The company was formerly known as PTGi Holding Inc. and changed its name to HC2 Holdings, Inc. in April 2014. HC2 Holdings, Inc. was founded in 1994 and is based in New York, New York.
HCHC Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Hc2 Holdings Inc. To summarize, we found that Hc2 Holdings Inc ranked in the 77th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. In terms of the factors that were most noteworthy in this DCF analysis for HCHC, they are:
15% of the company's capital comes from equity, which is greater than merely 5.78% of stocks in our cash flow based forecasting set.
Hc2 Holdings Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -0.42. This coverage rate is greater than that of merely 23.39% of stocks we're observing for the purpose of forecasting via discounted cash flows.
The weighted average cost of capital for the company is 17. This value is greater than 92.31% stocks in the Communication Services sector that generate free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Communication Services that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as HCHC, try CNSL, LUMN, T, ATUS, and VEON.
Situation Overview HC2 Holdings (HCHC) is an investment holding company previously managed by Philip Falcone who has since left the company after a proxy fight. HC2 holds a diverse array of operating subsidiaries including DBM Global, ANG, Continental LTC Insurance, and HC2 Broadcasting. HC2 also has a portfolio of early-stage...
Double S Capital on Seeking Alpha | September 22, 2020
NEW YORK, July 14, 2020 (GLOBE NEWSWIRE) -- HC2 Holdings, Inc. (“HC2” or the “Company”) (NYSE: HCHC), a diversified holding company, today announced that it is exploring strategic options for its telecommunications subsidiary, PTGi-International Carrier Services Inc. (“PTGi”), including a potential sale. “As we comprehensively review our overall business, we determined that it is an appropriate time to pursue strategic alternatives for PTGi,” said Wayne Barr, Jr., interim Chief Executive Officer of HC2. “PTGi was our initial acquisition as a company in 2014, and we appreciate the efforts of everyone there over the past six years as it seeks to begin its next chapter. We will continue to evaluate all strategic options across our business to strengthen our capital structure and unlock...