Hudson Pacific Properties Inc
NYSE:HPP
Intrinsic Value
Hudson Pacific Properties, Inc. is a real estate company. [ Read More ]
The intrinsic value of one HPP stock under the Base Case scenario is 29.69 USD. Compared to the current market price of 6.45 USD, Hudson Pacific Properties Inc is Undervalued by 78%.
Valuation Backtest
Hudson Pacific Properties Inc
Run backtest to discover the historical profit from buying and selling HPP stocks based on their intrinsic value.
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Fundamental Analysis
Company Faces Revenue Drop in Q4 2023
2023-Q4 Earnings Call
In Q4 2023, the company saw revenues fall to $223.4 million from $269.9 million in the same quarter the previous year, primarily due to asset sales and reduced studio services because of union strikes. FFO also declined significantly to $19.6 million or $0.14 per diluted share, as opposed to $70.2 million or $0.49 in Q4 last year. Same-store cash NOI was $116.1 million, a decrease from prior year's $127.4 million. Looking ahead, the full year 2024 FFO is projected to be $0.15 to $0.19 per diluted share for the first quarter, and $1 to $1.10 for the full year.
Balance Sheet Decomposition
Hudson Pacific Properties Inc
Current Assets | 358.5m |
Cash & Short-Term Investments | 100.4m |
Receivables | 245.4m |
Other Current Assets | 12.7m |
Non-Current Assets | 7.9B |
Long-Term Investments | 252.7m |
PP&E | 7B |
Intangibles | 264.1m |
Other Non-Current Assets | 427.2m |
Current Liabilities | 681.7m |
Accounts Payable | 203.7m |
Accrued Liabilities | 389.2m |
Other Current Liabilities | 88.7m |
Non-Current Liabilities | 4.5B |
Long-Term Debt | 4B |
Other Non-Current Liabilities | 510.9m |
Earnings Waterfall
Hudson Pacific Properties Inc
Revenue
|
952.3m
USD
|
Cost of Revenue
|
-450.5m
USD
|
Gross Profit
|
501.8m
USD
|
Operating Expenses
|
-472.8m
USD
|
Operating Income
|
29m
USD
|
Other Expenses
|
-221.2m
USD
|
Net Income
|
-192.2m
USD
|
Free Cash Flow Analysis
Hudson Pacific Properties Inc
What is Free Cash Flow?
HPP Profitability Score
Profitability Due Diligence
Hudson Pacific Properties Inc's profitability score is 40/100. The higher the profitability score, the more profitable the company is.
Score
Hudson Pacific Properties Inc's profitability score is 40/100. The higher the profitability score, the more profitable the company is.
HPP Solvency Score
Solvency Due Diligence
Hudson Pacific Properties Inc's solvency score is 20/100. The higher the solvency score, the more solvent the company is.
Score
Hudson Pacific Properties Inc's solvency score is 20/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
HPP Price Targets Summary
Hudson Pacific Properties Inc
According to Wall Street analysts, the average 1-year price target for HPP is 9.24 USD with a low forecast of 5.05 USD and a high forecast of 13.65 USD.
Ownership
HPP Insider Trading
Buy and sell transactions by insiders
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Shareholder Return
HPP Price
Hudson Pacific Properties Inc
Average Annual Return | -17.5% |
Standard Deviation of Annual Returns | 36.66% |
Max Drawdown | -87% |
Market Capitalization | 910.2m USD |
Shares Outstanding | 141 110 000 |
Percentage of Shares Shorted | 22.38% |
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
Hudson Pacific Properties, Inc. is a real estate company. The company is headquartered in Los Angeles, California and currently employs 560 full-time employees. The company went IPO on 2010-06-24. The firm operates through three segments such as office properties, studio properties and the management entity’s operations. The company is focused on acquiring, repositioning, developing and operating office and studio properties in submarkets throughout Northern and Southern California, the Pacific Northwest and Western Canada. The Company’s portfolio includes office properties and studio properties, which comprises of office and supporting production facilities. The company also owns undeveloped office and residential space. The Company’s office properties are located in Northern and Southern California, the Pacific Northwest and Western Canada. Its studio portfolio consists of three properties which are located in the heart of Hollywood in Southern California.
Contact
IPO
Employees
Officers
The intrinsic value of one HPP stock under the Base Case scenario is 29.69 USD.
Compared to the current market price of 6.45 USD, Hudson Pacific Properties Inc is Undervalued by 78%.