HWCC has a higher market value than only 12.7% of US stocks; more precisely, its current market capitalization is $62,703,814.
HWCC's price/sales ratio is 0.21; that's higher than the P/S ratio of just 3.63% of US stocks.
Houston Wire & Cable CO's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 27.55%, greater than the shareholder yield of 92.49% of stocks in our set.
Stocks with similar financial metrics, market capitalization, and price volatility to Houston Wire & Cable CO are ZEUS, VIRC, OCC, SCS, and OXM.
HWCC's SEC filings can be seen here. And to visit Houston Wire & Cable CO's official web site, go to www.houwire.com.
Houston Wire & Cable Company sells electrical and mechanical wire and cable, hardware, and related services in the United States. It offers wire and cable products, including continuous and interlocked armor cables; control and power cables; electronic wires and cables; flexible and portable cords; instrumentation and thermocouple cables; lead and high temperature cables; medium voltage cables; and premise and category wires and cables, primary and secondary aluminum distribution cables, and steel wire ropes and wire rope slings, as well as synthetic fiber rope slings, chains, shackles, and other related hardware. The company was founded in 1975 and is based in Houston, Texas.
HWCC 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 Houston Wire & Cable CO. To summarize, we found that Houston Wire & Cable CO ranked in the 42th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. As for the metrics that stood out in our discounted cash flow analysis of Houston Wire & Cable CO, consider:
Interest coverage, a measure of earnings relative to interest payments, is -0.44 -- which is good for besting only 20.61% of its peer stocks (US stocks in the Industrials sector with positive cash flow).
Its compound free cash flow growth rate, as measured over the past 5.51 years, is -0.07% -- higher than merely 16.68% of stocks in our DCF forecasting set.
46% of the company's capital comes from equity, which is greater than merely 16.98% of stocks in our cash flow based forecasting set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Industrials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as HWCC, try EBF, ALLE, DCI, JCI, and CW.
HOUSTON, Jan. 13, 2021 (GLOBE NEWSWIRE) -- Houston Wire & Cable Company (Nasdaq: HWCC) today announced that it has entered into a definitive asset purchase agreement for the sale of its Southwest Wire Rope business, a leading provider of lifting slings and wire rope and rigging products, for a purchase price of $5 million, subject to a working capital adjustment. The sale excludes approximately $2.6 million of trade accounts receivable, which HWCC will retain. HWCC expects to use the net sales proceeds and accounts receivable collections to further reduce Revolver debt. HWCC has already reduced Revolver debt to approximately $21.4 million as of January 13, 2021, from a peak of $95.2 million in the first quarter of 2020. James L. Pokluda III, HWCC President & CEO commented, “Southwest...
HOUSTON, Jan. 06, 2021 (GLOBE NEWSWIRE) -- Houston Wire & Cable Company (Nasdaq: HWCC) today announced that it completed the sale of its Southern Wire business, a leading wholesale distributor of wire rope and rigging products, to Southern Rigging Companies. The sale closed on December 31, 2020 for a purchase price of $20 million, subject to a working capital adjustment. HWCC used the net proceeds of approximately $18.1 million to reduce debt. The Company made great progress reducing debt during the year as Revolver debt decreased $66.4 million from its peak of $95.2 million in the first quarter to $22.6 million at year-end. The Revolver debt reflects proceeds from the sale of the Southern Wire division at December 31, 2020 of $18.1 million. Excluding the Southern Wire proceeds, Revolv...
We at Insider Monkey have gone over 817 13F filings that hedge funds and prominent investors are required to file by the SEC The 13F filings show the funds’ and investors’ portfolio positions as of September 30th. In this article, we look at what those funds think of Houston Wire & Cable Company (NASDAQ:HWCC) based […]
HOUSTON, Dec. 02, 2020 (GLOBE NEWSWIRE) -- Houston Wire & Cable Company (Nasdaq: HWCC) today announced that it has entered into a definitive asset purchase agreement for the sale of its Southern Wire business, a leading wholesale distributor of wire rope and rigging products, for a purchase price of $20 million, subject to a working capital adjustment. HWCC expects to use the net sales proceeds to reduce debt. James L. Pokluda III, HWCC President & CEO commented, “Southern Wire is a company with outstanding leadership, team members and a proven track record of providing superior products, customer service and operational excellence for 48 years. We are very thankful for their multiple contributions to HWCC and wish them much success in the future.”The transaction is subject to customar...