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High Arctic Energy Services Inc HGHAF

Morningstar Rating
$0.60 −0.04 (6.07%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

HGHAF is trading at a 572% premium.
Price
$0.60
Fair Value
$4.37
Uncertainty
Very High
1-Star Price
$7.42
5-Star Price
$7.91
Economic Moat
Nmz
Capital Allocation
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Trading Information

Previous Close Price
$0.64
Day Range
$0.600.64
52-Week Range
$0.471.22
Bid/Ask
$0.51 / $0.68
Market Cap
$29.53 Mil
Volume/Avg
1,500 / 47,865

Key Statistics

Price/Earnings (Normalized)
6.28
Price/Sales
0.56
Dividend Yield (Trailing)
2.48%
Dividend Yield (Forward)
Total Yield
2.48%

Company Profile

High Arctic Energy Services Inc is engaged in providing contract drilling, well servicing, completion services, equipment rentals, and other oilfield services to the oil and natural gas industry in Papua New Guinea and Canada. The operating segments of the company are the Drilling Services segment which consists of drilling services; the Production Services segment which consists of well servicing and snubbing services; the Ancillary Services segment which provides rental equipment, nitrogen transport services, and engineering consulting to various companies within the oil and gas sector and Corporate segment. The Production Services segment generates the company's revenue.
Sector
Energy
Industry
Oil & Gas Equipment & Services
Stock Style Box
Small Value
Total Number of Employees
202

Valuation

Metric
HGHAF
Price/Earnings (Normalized)
6.28
Price/Book Value
0.38
Price/Sales
0.56
Price/Cash Flow
2.63
Price/Earnings
HGHAF

Financial Strength

Metric
HGHAF
Quick Ratio
4.11
Current Ratio
4.62
Interest Coverage
−34.02
Quick Ratio
HGHAF

Profitability

Metric
HGHAF
Return on Assets (Normalized)
5.71%
Return on Equity (Normalized)
6.87%
Return on Invested Capital (Normalized)
5.15%
Return on Assets
HGHAF
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