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HGL LIMITED (HNG)

HGL LIMITED (HNG)

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General Information
Company Name: HGL Limited
Stock Code: HNG
Website: www.hgl.com.au
GICS Sub-Industry: Industrial Conglomerates
Market Cap ($M): 49
Equiv. Shares (M): 56

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
 $ 0.870 $ 0.880 $ 0.880 $ 0.870 $ 0.880 20,910 $ -0.010  -1.136 %

Company Overview

Business Description:
HGL Limited (HNG) is a supplier of branded products into niche markets across Australia, New Zealand and South Pacific. HGL operates through individually run businesses each focussed on their customers, the brands they represent and on product innovation and sourcing. The commercial operations are supported by a central office in Sydney.

Strategy Analysis:
HNG specialises in developing the potential of Australian businesses that import branded goods or are light manufacturers.  With the company’s long term investment strategy, they do not tend to sell businesses.  HNG builds businesses for the long term benefit of our shareholders, customers, suppliers, staff and joint venture partners. HNG builds the Australian sales of brands and tends to enter into medium to long term distribution agreements with suppliers which give the supplier comfort that we are prepared to make a long term commitment to their brand.


Financial Summary
Year to Sep NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2011  A 11.1 21.5 -18.3 6.1 11.5 8.8 100.0
2010  A 13.4 26.3 64.4 4.4 11.0 9.6 100.0
2009  A 8.0 16.0 -- 5.8 8.0 8.7 100.0
Source: Aspect actuals / Thomson IBES estimates

Peer Comparison
EPS Growth (%) P/E (%) Dividend Yield (%)
Company Mkt Cap 2009 A 2010 F 2011 F 2009 A 2010 F 2011 F 2009 A 2010 F 2011 F
CSR (CSR) $815 M 0.0966 -0.0580 0.2695 8.9844 9.5379 7.5128 0.0807 0.0776 0.0851
HGL (HNG) $49 M -0.1819 -- -- 4.0854 -- -- 0.1307 -- --
Seven Group (SVW) $2,521 M 6.2231 0.2191 0.1792 10.5115 8.6225 7.3123 0.0439 0.0439 0.0439

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
HNG 1.09 4.04 0.72 -- 0.27
Market 1.12 11.1 0.96 2.31 2.55
Sector 0.92 10.37 1.08 0.49 0.50

Directors
Name Position Start Date
Mr Michael P Mahoney Chief Executive Officer 28 October 2010
Mr Peter Geoffrey Miller Non-Executive Chairman 28 March 2000
Mr Kevin John Eley Non-Executive Director 01 January 1985
Mr Julian David Constable Non-Executive Director (other) 01 January 1996
Dr Frank Michael Wolf Non-Executive Director (other) 01 November 2000

Management
Name Position
D Hewitt Chief Executive Officer of JSB Lighting
DW Evans Chief Executive Officer of SPOS
Andrew J Whittles Chief Financial Officer,Company Secretary
CE Wagstaff Chief Operating Officer of SPOS
SJ De Lorenzo Chief Operating Officer of SPOS
Peter Simon Caldelis Joint Company Secretary
IA Cerfontyne Sales Director of JSB Lighting

Substantial Shareholders
Holding Name
6,189,653 (11.20%) Constable Investments Group Ltd
10,307,059 (18.65%) Sery Pty Ltd
2,871,559 (5.19%) Kevin Eley

Calendar of Events
Date Event
22 May 2013 Report (Interim)
21 November 2012 Report (Prelim)
21 November 2012 Report (Annual)
13 July 2012 Div Pay Date
29 June 2012 Books Close
25 June 2012 Div Ex Date
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