The ratio of debt to operating expenses for Hoegh LNG Partners LP is higher than it is for about 94.78% of US stocks.
Revenue growth over the past 12 months for Hoegh LNG Partners LP comes in at 153.09%, a number that bests 96.16% of the US stocks we're tracking.
Hoegh LNG Partners LP's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 24.09%, greater than the shareholder yield of 88.88% of stocks in our set.
Stocks that are quantitatively similar to HMLP, based on their financial statements, market capitalization, and price volatility, are TCI, FLY, ARL, GLPI, and LMRK.
Hoegh LNG Partners LP Common Units representing Limited Partner Interests (HMLP) Company Bio
Hoegh LNG Partners LP focuses on owning, operating, and acquiring floating storage and regasification units, liquefied natural gas carriers, and other LNG infrastructure assets under long-term charters. The company was founded in 2014 and is based in Hamilton, Bermuda.
HMLP Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for HMLP, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Hoegh LNG Partners LP ranked in the 81th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. The most interesting components of our discounted cash flow analysis for Hoegh LNG Partners LP ended up being:
The company's debt burden, as measured by earnings divided by interest payments, is 3.17 -- which is good for besting 70.46% of its peer stocks (US stocks in the Energy sector with positive cash flow).
The business' balance sheet suggests that 58% of the company's capital is sourced from debt; this is greater than 74.5% of the free cash flow producing stocks we're observing.
Hoegh LNG Partners LP's weighted average cost of capital (WACC) is 6%; for context, that number is higher than only 9.71% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
LPG, WES, CAPL, SRLP, and PTEN can be thought of as valuation peers to HMLP, in the sense that they are in the Energy sector and have a similar price forecast based on DCF valuation.
Höegh LNG Partners LP (the "Partnership") (NYSE: HMLP) announced today that its board of directors (the "Board") has declared a quarterly cash distribution with respect to the quarter ended March 31, 2020 of $0.44 per unit for the common units. The distribution corresponds to an annualized distribution of $1.76 per unit.
Höegh LNG Partners LP (the "Partnership") (NYSE: HMLP) announced today that its Annual Report on Form 20-F for the year ended December 31, 2019 has been filed with the SEC and can be accessed on the Partnership's website www.hoeghlngpartners.com under the "SEC Filings" section or on the website of the U.S. Securities and Exchange Commission at www.sec.com.
In light of the ongoing Covid-19 virus situation, Höegh LNG Partners LP's (NYSE:HMLP) sponsor, Höegh LNG Holdings Ltd. ("Höegh LNG," or jointly, "Höegh LNG Group") provided the following update on how the Höegh LNG Group is dealing with the associated challenges: