Highway (HIHO) and The Competition Head to Head Survey

Dividends

Highway pays an annual dividend of $0.07 per share and has a dividend yield of 4.6%. Highway pays out 350.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “METAL PROC&FABR” companies pay a dividend yield of 1.7% and pay out 42.0% of their earnings in the form of a dividend.

Profitability

This table compares Highway and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Highway	-10.36%	1.53%	0.93%
Highway Competitors	-11.34%	-7.25%	2.12%

Institutional and Insider Ownership

13.2% of Highway shares are owned by institutional investors. Comparatively, 57.2% of shares of all “METAL PROC&FABR” companies are owned by institutional investors. 32.1% of Highway shares are owned by company insiders. Comparatively, 12.0% of shares of all “METAL PROC&FABR” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Earnings & Valuation

This table compares Highway and its rivals revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Highway	$7.41 million	-$960,000.00	75.30
Highway Competitors	$2.04 billion	$107.04 million	11.73

Highway’s rivals have higher revenue and earnings than Highway. Highway is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.

Volatility & Risk

Highway has a beta of 0.26, indicating that its share price is 74% less volatile than the S&P 500. Comparatively, Highway’s rivals have a beta of 1.00, indicating that their average share price is 0% less volatile than the S&P 500.

Summary

Highway rivals beat Highway on 6 of the 11 factors compared.

About Highway

Highway Holdings Limited, together with its subsidiaries, manufactures and supplies metal, plastic, electric, and electronic components, subassemblies, and finished products for original equipment manufacturers (OEMs) and contract manufacturers. It operates through two segments, Metal Stamping and Mechanical OEM; and Electric OEM. The company also trades in plastic injection products; and manufactures and assembles automation equipment. Its products are used in the manufacture of products, such as photocopiers, laser printers, print cartridges, electrical connectors, electrical circuits, vacuum cleaners, LED power supplies, stepping motors, pumps for dishwashers, and other washing machine components. In addition, the company assists customers in the design and development of the tooling used in the metal and plastic manufacturing process, as well as provides an array of other manufacturing and engineering services, including metal stamping, screen printing, plastic injection molding, pad printing, and electronic assembly of printed circuit boards. It operates in Hong Kong and China, Europe, North America, and other Asian countries. Highway Holdings Limited was incorporated in 1990 and is headquartered in Sheung Shui, Hong Kong.