HAM:CA:TSV-Highwood Asset Management Ltd (CAD)

COMMON STOCK | Oil & Gas E&P |

Last Closing

USD 5.75

Change

-0.20 (-3.36)%

Market Cap

USD 0.09B

Volume

3.20K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Highwood Asset Management Ltd., together with its subsidiary, an oil and gas exploration and production company, focuses on the exploration and development of its oil and natural gas properties primarily in Alberta, British Columbia, and Saskatchewan. It holds 100% interest in the Wabsaca River pipeline system, a crude oil sales line with a capacity to deliver 20,000 barrel per day of crude to the Plains Rainbow System in Edmonton, Northern Alberta. The company also holds 100% mineral ownership of 58 brine-hosted mineral licenses consisting of 414,582 hectares located in Alberta within six non-contiguous properties. In addition, its lithium-brine target area is exploring brine-hosted mineral licenses within its Drumheller Lithium-Brine Project, an early-stage lithium-brine project which holds 50 brine-hosted mineral licenses with 362,524 hectares located near Drumheller in southcentral Alberta. The company was formerly known as Highwood Oil Company Ltd. and changed its name to Highwood Asset Management Ltd. in July 2021. The company was founded in 2012 and is headquartered in Calgary, Canada. Highwood Asset Management Ltd. is a subsidiary of 1080766 Alberta Ltd.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-09-26 )

Largest Industry Peers for Oil & Gas E&P

Symbol Name Price(Change) Market Cap
SEI:CA Sintana Energy Inc

-0.01 (-0.88%)

USD 0.40B
LGN:CA Logan Energy Corp

-0.04 (-5.06%)

USD 0.39B
LOU:CA Lucero Energy Corp

-0.01 (-1.05%)

USD 0.32B
RECO:CA Reconnaissance Energy Africa L..

-0.04 (-3.77%)

USD 0.27B
GASX:CA Ngx Energy International Corp

N/A

USD 0.22B
SNM:CA ShaMaran Petroleum Corp

N/A

USD 0.20B
ALV:CA Alvopetro Energy

-0.02 (-0.39%)

USD 0.19B
HME:CA Hemisphere Energy Corporation

-0.01 (-0.52%)

USD 0.17B
AXL:CA Arrow Exploration Corp

-0.03 (-5.66%)

USD 0.15B
FO:CA Falcon Oil & Gas Ltd.

N/A

USD 0.10B

ETFs Containing HAM:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Oil & Gas E&P) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 19.79% 74% C 67% D+
Dividend Return N/A N/A N/A N/A N/A
Total Return 19.79% 74% C 67% D+
Trailing 12 Months  
Capital Gain 0.35% 65% D 58% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 0.35% 65% D 58% F
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain -18.73% 14% F 21% F
Dividend Return -18.73% 14% F 21% F
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 18.31% 94% A 95% A
Risk Adjusted Return -102.28% 6% D- 8% B-
Market Capitalization 0.09B 86% B+ 90% A-

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.