Hertz Global Holdings Inc
Find Ratings ReportsHERTZ GLOBAL HOLDINGS INC's gross profit margin for the fourth quarter of its fiscal year 2023 is essentially unchanged when compared to the same period a year ago. Even though sales increased, the net income has decreased, representing a decrease to the bottom line.
During the same period, stockholders' equity ("net worth") has increased by 16.89% from the same quarter last year.
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Income Statement | Q4 FY23 | Q4 FY22 |
---|---|---|
Net Sales ($mil) | 2184.0 | 2035.0 |
EBITDA ($mil) | 540.0 | 535.0 |
EBIT ($mil) | -25.0 | -26.0 |
Net Income ($mil) | -348.0 | 116.0 |
Balance Sheet | Q4 FY23 | Q4 FY22 |
---|---|---|
Cash & Equiv. ($mil) | 1206.0 | 1418.0 |
Total Assets ($mil) | 24605.0 | 22497.0 |
Total Debt ($mil) | 17833.0 | 15665.0 |
Equity ($mil) | 3092.0 | 2645.0 |
Profitability | Q4 FY23 | Q4 FY22 |
---|---|---|
Gross Profit Margin | 36.03 | 37.15 |
EBITDA Margin | 24.72 | 26.28 |
Operating Margin | -1.14 | -1.28 |
Sales Turnover | 0.38 | 0.39 |
Return on Assets | 2.5 | 9.15 |
Return on Equity | 19.92 | 77.85 |
Debt | Q4 FY23 | Q4 FY22 |
---|---|---|
Current Ratio | 0.0 | 0.0 |
Debt/Capital | 0.85 | 0.86 |
Interest Expense | 218.0 | 128.0 |
Interest Coverage | -0.11 | -0.2 |
Share Data | Q4 FY23 | Q4 FY22 |
---|---|---|
Shares outstanding (mil) | 305.18 | 323.48 |
Div / share | 0.0 | 0.0 |
EPS | -1.14 | -0.01 |
Book value / share | 10.13 | 8.18 |
Institutional Own % | n/a | n/a |
Avg Daily Volume | 5157628.0 | 4539944.0 |
SELL. This stock's P/E ratio indicates a discount compared to an average of 16.70 for the Rental and Leasing Services subsector and a significant discount compared to the S&P 500 average of 27.95. For additional comparison, its price-to-book ratio of 0.74 indicates a significant discount versus the S&P 500 average of 4.68 and a significant discount versus the subsector average of 4.53. The price-to-sales ratio is well below both the S&P 500 average and the subsector average, indicating a discount. Upon assessment of these and other key valuation criteria, HERTZ GLOBAL HOLDINGS INC proves to trade at a discount to investment alternatives.
Price/Earnings |
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Price/Cash Flow |
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HTZ 9.02 | Peers 16.70 | HTZ 0.92 | Peers 9.46 | |||||||||||||||||||||
Discount. A lower P/E ratio than its peers can signify a less expensive stock or lower growth expectations. HTZ is trading at a significant discount to its peers. |
Discount. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures. HTZ is trading at a significant discount to its peers. |
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Price/Projected Earnings |
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Price to Earnings/Growth |
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HTZ 7.34 | Peers 12.70 | HTZ NM | Peers 1.38 | |||||||||||||||||||||
Average. An average price-to-projected earnings ratio can signify an subsector neutral stock price and average future growth expectations. HTZ is trading at a valuation on par with its peers. |
Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples. HTZ's negative PEG ratio makes this valuation measure meaningless. |
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Price/Book |
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Earnings Growth |
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HTZ 0.74 | Peers 4.53 | HTZ -74.62 | Peers 101.55 | |||||||||||||||||||||
Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet. HTZ is trading at a significant discount to its peers. |
Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios. However, HTZ is expected to significantly trail its peers on the basis of its earnings growth rate. |
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Price/Sales |
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Sales Growth |
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HTZ 0.24 | Peers 4.20 | HTZ 7.89 | Peers 15.49 | |||||||||||||||||||||
Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales. HTZ is trading at a significant discount to its subsector on this measurement. |
Lower. A sales growth rate that trails the subsector implies that a company is losing market share. HTZ significantly trails its peers on the basis of sales growth. |
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