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Horizon Global Corporation (HZN)
Key financial summary
Financials in USD| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total revenue | $m | 649 | 893 | 850 | 690 | 661 | 782 | 675 |
| Operating profit | $m | 7 | -50 | |||||
| Net profit | $m | -12 | -5 | -205 | -110 | -37 | -33 | -91 |
| EPS reported | $ | -1.22 | -3.32 | |||||
| Operating cashflow per share | $ | -1.58 | -1.58 | |||||
| Capex per share | $ | 0.76 | 0.76 | |||||
| FCF per share | $ | -2.33 | -2.33 | |||||
| Free cash flow | $m | -63 | -67 | |||||
| Net debt | $m | 309 | 276 | |||||
| Book value equity | $m | -34 | -108 | |||||
| Book value per share | $ | -1.24 | -3.92 | |||||
| Number of shares | m | 27.09 | 27.67 | |||||
| DPS (TTM paid) | $ | 0.00 | 0.00 |
Financial summary
Financials in USD| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | - | - | |||||
| P/B LTM | x | -6.42 | -0.45 | |||||
| P/S LTM | x | 0.28 | 0.07 | |||||
| P/FCF LTM | x | -3.42 | -0.73 | |||||
| EV/EBITDA LTM | x | 33.61 | -7.64 | |||||
| EV/Sales LTM | x | 0.67 | 0.48 | |||||
| Earnings Yield LTM | % | -15.32% | -69.47% | |||||
| FCF Yield | % | -29.22% | -137.21% | |||||
| Quality | ||||||||
| ROE | % | 98.31% | 126.46% | |||||
| ROIC | % | 2.46% | 2.46% | |||||
| Operating margin | % | 0.92% | 0.92% | |||||
| Gross margin | % | 18.23% | 18.23% | |||||
| FCF/Sales | % | -8.08% | -8.08% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | - | - | |||||
| Sales Growth YoY | % | +18.28% | -14.92% | |||||
| Net Income Growth YoY | % | - | - | |||||
| FCF Growth | % | - | - | |||||
| Operating Profit Growth | % | - | - | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 0.00% | 0.00% | |||||
| Dividend Growth | % | 0.00% | 0.00% | |||||
| Payout Ratio | % | 0.00% | -1.28% | |||||
| FCF/Debt | x | -0.20 | -0.21 | |||||
| Net Debt/EBITDA | x | 19.79 | 19.79 | |||||
| EBIT/Net interest | x | 0.26 | 0.26 | |||||
| Net debt/market cap | % | 143.18% | 566.21% | |||||
| Net debt/Equity | x | -9.19 | -2.54 | |||||
| Gross debt/equity | x | -9.54 | -3.00 | |||||
Company overview
Horizon Global Corporation, established in 2015 and headquartered in Plymouth, Michigan, is a global enterprise dedicated to the design, production, and worldwide distribution of essential products for vehicle towing, trailering, and cargo management, alongside other related accessories. The company organizes its extensive operations into two primary geographical divisions: Horizon Americas and Horizon Europe-Africa. Its comprehensive product range includes numerous towing solutions such as hitches, fifth wheels, gooseneck hitches, weight distribution systems, brake controllers, wiring harnesses, draw bars, ball mounts, crossbars, and various security and general towing accessories. For trailering needs, they supply items like brake controllers, jacks, winches, couplers, internal and external vehicle lighting, and replacement brake parts. Within the cargo management category, Horizon Global offers a variety of products, including bike racks, roof crossbar systems, cargo carriers, luggage boxes, protective car interior products, loading ramps, and interior travel organizers. Additionally, their offerings extend to other vehicle enhancements like tubular push and sports bars, side steps, skid plates, and oil pans. These diverse products are sold under a wide array of recognized brands, including Reese, Draw-Tite, Westfalia, Bulldog, BTM, Fulton, Reese Secure, Reese Explorer, Reese Power Sports, Reese Towpower, ROLA, Tekonsha, WesBar, and Witter Towbar Systems. The company serves an extensive client base encompassing aftermarket consumers, automotive original equipment manufacturers (OEMs), automotive original equipment servicers, retail chains, e-commerce platforms, and industrial customers. These solutions cater to a broad spectrum of markets, such as agriculture, automotive, construction, horse/livestock, industrial, marine, military, recreational, trailer, and utility sectors.
Similar companies
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
Horizon Global Corporation (HZN)
Horizon Global Corporation, established in 2015 and headquartered in Plymouth, Michigan, is a global enterprise dedicated to the design, production, and worldwide distribution of essential products for vehicle towing, trailering, and cargo management, alongside other related accessories. The company organizes its extensive operations into two primary geographical divisions: Horizon Americas and Horizon Europe-Africa. Its comprehensive product range includes numerous towing solutions such as hitches, fifth wheels, gooseneck hitches, weight distribution systems, brake controllers, wiring harnesses, draw bars, ball mounts, crossbars, and various security and general towing accessories. For trailering needs, they supply items like brake controllers, jacks, winches, couplers, internal and external vehicle lighting, and replacement brake parts. Within the cargo management category, Horizon Global offers a variety of products, including bike racks, roof crossbar systems, cargo carriers, luggage boxes, protective car interior products, loading ramps, and interior travel organizers. Additionally, their offerings extend to other vehicle enhancements like tubular push and sports bars, side steps, skid plates, and oil pans. These diverse products are sold under a wide array of recognized brands, including Reese, Draw-Tite, Westfalia, Bulldog, BTM, Fulton, Reese Secure, Reese Explorer, Reese Power Sports, Reese Towpower, ROLA, Tekonsha, WesBar, and Witter Towbar Systems. The company serves an extensive client base encompassing aftermarket consumers, automotive original equipment manufacturers (OEMs), automotive original equipment servicers, retail chains, e-commerce platforms, and industrial customers. These solutions cater to a broad spectrum of markets, such as agriculture, automotive, construction, horse/livestock, industrial, marine, military, recreational, trailer, and utility sectors.
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