Hargreaves Lansdown plc Logo

Hargreaves Lansdown plc

HL.L

(2.0)
Stock Price

1.092,50 GBp

69.59% ROA

137.55% ROE

5.05x PER

Market Cap.

5.120.185.512,00 GBp

1.06% DER

6.66% Yield

76.08% NPM

Hargreaves Lansdown plc Stock Analysis

Hargreaves Lansdown plc Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Hargreaves Lansdown plc Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (24.48%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 ROA

The stock's ability to make a lot of money from its assets shows that it is very profitable, making it a good choice for people who want to invest and make a lot of money.

3 DER

The stock has a low debt to equity ratio (3%), which means it has a small amount of debt compared to the ownership it holds

4 Dividend

Investors can take comfort in the company's unwavering commitment to dividends, as it has consistently distributed payouts over the past five years, ensuring a reliable income stream.

5 Buffet Intrinsic Value

The company's stock presents a potential concern as it appears overvalued (21) by Warren Buffett's formula, indicating that its market price exceeds its estimated intrinsic value.

6 PBV

The stock's high Price-to-Book Value (P/BV) ratio (5.98x) suggests it's overvalued, potentially making it an expensive investment.

7 Revenue Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

8 Net Profit Growth

Over the past five years, this company's net profit has failed to exhibit any growth, indicating a stagnant financial performance and making it a less favorable choice for potential investors.

9 Assets Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

10 Graham Number

The company's Graham number suggests that its stock price is overestimated, implying that it may not be a promising investment opportunity.

11 Dividend Growth

The company's dividend growth has remained flat for the past three years, offering no indication of improved returns and making it a less advantageous investment opportunity.

Hargreaves Lansdown plc Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Hargreaves Lansdown plc Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Hargreaves Lansdown plc Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Hargreaves Lansdown plc Revenue
Year Revenue Growth
2003 40.019.000
2004 48.639.000 17.72%
2005 73.460.000 33.79%
2006 98.769.000 25.62%
2007 120.332.000 17.92%
2008 132.845.000 9.42%
2009 158.970.000 16.43%
2010 207.904.000 23.54%
2011 238.741.000 12.92%
2012 292.403.000 18.35%
2013 358.393.000 18.41%
2014 395.137.000 9.3%
2015 388.333.000 -1.75%
2016 385.700.000 -0.68%
2017 447.600.000 13.83%
2018 480.500.000 6.85%
2019 550.900.000 12.78%
2020 631.000.000 12.69%
2021 583.000.000 -8.23%
2022 735.100.000 20.69%
2023 1.586.800.000 53.67%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Hargreaves Lansdown plc Research and Development Expenses
Year Research and Development Expenses Growth
2003 0
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 1 0%
2016 1 0%
2017 1 0%
2018 1.900.000 100%
2019 2.400.000 20.83%
2020 4.300.000 44.19%
2021 4.500.000 4.44%
2022 6.200.000 27.42%
2023 62.400.000 90.06%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Hargreaves Lansdown plc General and Administrative Expenses
Year General and Administrative Expenses Growth
2003 0
2004 0 0%
2005 0 0%
2006 58.098.000 100%
2007 62.553.000 7.12%
2008 61.579.000 -1.58%
2009 69.159.000 10.96%
2010 80.423.000 14.01%
2011 -9.400.000 955.56%
2012 100.475.000 109.36%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 3.300.000 100%
2018 3.400.000 2.94%
2019 19.100.000 82.2%
2020 44.400.000 56.98%
2021 33.100.000 -34.14%
2022 40.900.000 19.07%
2023 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Hargreaves Lansdown plc EBITDA
Year EBITDA Growth
2003 14.412.000
2004 17.752.000 18.81%
2005 44.597.000 60.19%
2006 13.449.000 -231.6%
2007 62.121.000 78.35%
2008 76.289.000 18.57%
2009 93.092.000 18.05%
2010 131.295.000 29.1%
2011 160.215.000 18.05%
2012 194.175.000 17.49%
2013 210.521.000 7.76%
2014 202.431.000 -4%
2015 223.465.000 9.41%
2016 259.300.000 13.82%
2017 298.100.000 13.02%
2018 308.900.000 3.5%
2019 352.100.000 12.27%
2020 382.300.000 7.9%
2021 285.800.000 -33.76%
2022 418.400.000 31.69%
2023 223.200.000 -87.46%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Hargreaves Lansdown plc Gross Profit
Year Gross Profit Growth
2003 40.019.000
2004 48.639.000 17.72%
2005 73.460.000 33.79%
2006 98.769.000 25.62%
2007 120.332.000 17.92%
2008 132.845.000 9.42%
2009 158.970.000 16.43%
2010 207.904.000 23.54%
2011 238.741.000 12.92%
2012 218.933.000 -9.05%
2013 240.587.000 9%
2014 241.071.000 0.2%
2015 266.319.000 9.48%
2016 332.600.000 19.93%
2017 379.600.000 12.38%
2018 383.300.000 0.97%
2019 449.700.000 14.77%
2020 511.200.000 12.03%
2021 427.500.000 -19.58%
2022 594.400.000 28.08%
2023 792.800.000 25.03%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Hargreaves Lansdown plc Net Profit
Year Net Profit Growth
2003 4.933.000
2004 10.332.000 52.26%
2005 6.013.000 -71.83%
2006 16.955.000 64.54%
2007 42.401.000 60.01%
2008 52.123.000 18.65%
2009 61.266.000 14.92%
2010 91.820.000 33.28%
2011 112.960.000 18.71%
2012 148.391.000 23.88%
2013 162.091.000 8.45%
2014 156.664.000 -3.46%
2015 176.895.000 11.44%
2016 211.700.000 16.44%
2017 236.300.000 10.41%
2018 247.400.000 4.49%
2019 313.100.000 20.98%
2020 296.700.000 -5.53%
2021 216.300.000 -37.17%
2022 323.800.000 33.2%
2023 0 0%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Hargreaves Lansdown plc Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2003 0
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 1 0%
2018 1 0%
2019 1 0%
2020 1 0%
2021 0 0%
2022 1 0%
2023 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Hargreaves Lansdown plc Free Cashflow
Year Free Cashflow Growth
2003 9.468.000
2004 10.320.000 8.26%
2005 5.929.000 -74.06%
2006 6.453.000 8.12%
2007 33.448.000 80.71%
2008 55.695.000 39.94%
2009 63.483.000 12.27%
2010 82.365.000 22.92%
2011 121.518.000 32.22%
2012 151.147.000 19.6%
2013 159.434.000 5.2%
2014 165.911.000 3.9%
2015 157.946.000 -5.04%
2016 212.700.000 25.74%
2017 228.700.000 7%
2018 244.400.000 6.42%
2019 249.500.000 2.04%
2020 310.400.000 19.62%
2021 249.200.000 -24.56%
2022 192.600.000 -29.39%
2023 157.400.000 -22.36%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Hargreaves Lansdown plc Operating Cashflow
Year Operating Cashflow Growth
2003 10.074.000
2004 11.225.000 10.25%
2005 6.776.000 -65.66%
2006 7.943.000 14.69%
2007 34.779.000 77.16%
2008 57.047.000 39.03%
2009 71.580.000 20.3%
2010 84.310.000 15.1%
2011 122.620.000 31.24%
2012 157.363.000 22.08%
2013 167.021.000 5.78%
2014 171.388.000 2.55%
2015 164.594.000 -4.13%
2016 225.800.000 27.11%
2017 244.800.000 7.76%
2018 261.500.000 6.39%
2019 265.400.000 1.47%
2020 328.600.000 19.23%
2021 262.900.000 -24.99%
2022 215.300.000 -22.11%
2023 161.600.000 -33.23%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Hargreaves Lansdown plc Capital Expenditure
Year Capital Expenditure Growth
2003 606.000
2004 905.000 33.04%
2005 847.000 -6.85%
2006 1.490.000 43.15%
2007 1.331.000 -11.95%
2008 1.352.000 1.55%
2009 8.097.000 83.3%
2010 1.945.000 -316.3%
2011 1.102.000 -76.5%
2012 6.216.000 82.27%
2013 7.587.000 18.07%
2014 5.477.000 -38.52%
2015 6.648.000 17.61%
2016 13.100.000 49.25%
2017 16.100.000 18.63%
2018 17.100.000 5.85%
2019 15.900.000 -7.55%
2020 18.200.000 12.64%
2021 13.700.000 -32.85%
2022 22.700.000 39.65%
2023 4.200.000 -440.48%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Hargreaves Lansdown plc Equity
Year Equity Growth
2003 26.584.000
2004 35.131.000 24.33%
2005 17.469.000 -101.1%
2006 44.495.000 60.74%
2007 70.311.000 36.72%
2008 84.650.000 16.94%
2009 66.053.000 -28.15%
2010 130.867.000 49.53%
2011 157.419.000 16.87%
2012 197.145.000 20.15%
2013 228.344.000 13.66%
2014 237.067.000 3.68%
2015 254.164.000 6.73%
2016 307.700.000 17.4%
2017 405.200.000 24.06%
2018 459.300.000 11.78%
2019 557.600.000 17.63%
2020 592.400.000 5.87%
2021 573.500.000 -3.3%
2022 708.100.000 19.01%
2023 815.100.000 13.13%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Hargreaves Lansdown plc Assets
Year Assets Growth
2003 58.812.000
2004 77.974.000 24.57%
2005 79.141.000 1.47%
2006 109.435.000 27.68%
2007 153.129.000 28.53%
2008 170.423.000 10.15%
2009 189.704.000 10.16%
2010 317.107.000 40.18%
2011 312.802.000 -1.38%
2012 481.352.000 35.02%
2013 529.594.000 9.11%
2014 653.422.000 18.95%
2015 851.578.000 23.27%
2016 741.500.000 -14.85%
2017 791.500.000 6.32%
2018 973.200.000 18.67%
2019 1.276.100.000 23.74%
2020 1.384.100.000 7.8%
2021 1.076.200.000 -28.61%
2022 1.285.800.000 16.3%
2023 1.499.200.000 14.23%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Hargreaves Lansdown plc Liabilities
Year Liabilities Growth
2003 32.228.000
2004 42.843.000 24.78%
2005 61.672.000 30.53%
2006 64.940.000 5.03%
2007 82.818.000 21.59%
2008 85.773.000 3.45%
2009 123.651.000 30.63%
2010 186.240.000 33.61%
2011 155.383.000 -19.86%
2012 284.207.000 45.33%
2013 301.250.000 5.66%
2014 416.355.000 27.65%
2015 597.414.000 30.31%
2016 433.800.000 -37.72%
2017 386.300.000 -12.3%
2018 513.900.000 24.83%
2019 718.500.000 28.48%
2020 791.700.000 9.25%
2021 502.700.000 -57.49%
2022 576.100.000 12.74%
2023 684.100.000 15.79%

Hargreaves Lansdown plc Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
2.81
Net Income per Share
2.14
Price to Earning Ratio
5.05x
Price To Sales Ratio
3.84x
POCF Ratio
8.96
PFCF Ratio
9.37
Price to Book Ratio
6.29
EV to Sales
3.38
EV Over EBITDA
19.07
EV to Operating CashFlow
7.89
EV to FreeCashFlow
8.25
Earnings Yield
0.2
FreeCashFlow Yield
0.11
Market Cap
5,12 Bil.
Enterprise Value
4,51 Bil.
Graham Number
9.1
Graham NetNet
0.9

Income Statement Metrics

Net Income per Share
2.14
Income Quality
1.08
ROE
1.38
Return On Assets
0.68
Return On Capital Employed
0.67
Net Income per EBT
11.12
EBT Per Ebit
0.17
Ebit per Revenue
0.41
Effective Tax Rate
0.26

Margins

Sales, General, & Administrative to Revenue
0.06
Research & Developement to Revenue
0.03
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.74
Operating Profit Margin
0.41
Pretax Profit Margin
0.07
Net Profit Margin
0.76

Dividends

Dividend Yield
0.07
Dividend Yield %
6.66
Payout Ratio
0.32
Dividend Per Share
0.72

Operating Metrics

Operating Cashflow per Share
1.21
Free CashFlow per Share
1.15
Capex to Operating CashFlow
0.04
Capex to Revenue
0.02
Capex to Depreciation
0.95
Return on Invested Capital
0.5
Return on Tangible Assets
0.7
Days Sales Outstanding
172.58
Days Payables Outstanding
629.61
Days of Inventory on Hand
0
Receivables Turnover
2.11
Payables Turnover
0.58
Inventory Turnover
0
Capex per Share
0.05

Balance Sheet

Cash per Share
1,35
Book Value per Share
1,72
Tangible Book Value per Share
1.63
Shareholders Equity per Share
1.72
Interest Debt per Share
0.02
Debt to Equity
0.01
Debt to Assets
0.01
Net Debt to EBITDA
-2.57
Current Ratio
2.15
Tangible Asset Value
0,77 Bil.
Net Current Asset Value
0,76 Bil.
Invested Capital
826800000
Working Capital
0,77 Bil.
Intangibles to Total Assets
0.03
Average Receivables
0,63 Bil.
Average Payables
0,53 Bil.
Average Inventory
-2450000
Debt to Market Cap
0

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Hargreaves Lansdown plc Dividends
Year Dividends Growth
2008 5
2009 6 0%
2010 3 -66.67%
2011 10 70%
2012 12 9.09%
2013 15 26.67%
2014 17 6.25%
2015 19 11.11%
2016 18 -5.88%
2017 29 41.38%
2018 18 -70.59%
2019 19 5.56%
2020 29 35.71%
2021 24 -21.74%
2022 40 41.03%
2023 42 4.88%
2024 43 4.65%

Hargreaves Lansdown plc Profile

About Hargreaves Lansdown plc

Hargreaves Lansdown plc provides investment services for individuals and corporates in the United Kingdom and Poland. It primarily operates Vantage, a direct-to-investor platform. The company offers stocks and shares individual savings accounts (ISAs), fund and share accounts, and junior and lifetime ISAs. It also provides pension services, including self-invested personal pensions (SIPP), junior SIPPs, annuities, and drawdown; share dealing services; and fund dealing services. In addition, the company offers investment accounts; cash savings; foreign currency exchange services; and financial advisory services. Hargreaves Lansdown plc was founded in 1981 and is headquartered in Bristol, the United Kingdom.

CEO
Mr. Dan Olley
Employee
2.484
Address
One College Square South
Bristol, BS1 5HL

Hargreaves Lansdown plc Executives & BODs

Hargreaves Lansdown plc Executives & BODs
# Name Age
1 Mr. Toby Vaughn
Chief Investment Officer
70
2 Mr. Rob Byett B.Sc.(Hons.)
Risk and Compliance Director
70
3 Mr. James Found ACA
Head of Investor Relations & Group Financial Controller
70
4 Mr. Stephen Philip Lansdown CPA, CBE, F.C.A., FSI
Co-Founder
70
5 Mr. Richard Hebdon
Chief Digital & Technology Officer
70
6 Ms. Penelope Claire Chapman
Chief People Officer, General Counsel & Company Secretary
70
7 Mr. Gary Logan
Chief Operating Officer
70
8 Mr. Dan Olley
Chief Executive Officer & Executive Director
70
9 Ms. Amy Elizabeth Stirling
Chief Financial Officer & Executive Director
70
10 Mr. Peter K. Hargreaves
Co-Founder
70

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