Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
Höegh LNG Holdings Ltd., together with its subsidiaries, provides floating energy solutions worldwide. The company operates through four segments: HMLP, Operations, Business Development, and Project Execution. It owns and operates floating LNG import terminals, floating storage and regasification units (FSRUs), and LNG carriers (LNGCs). The company also acquires FSRUs, LNGCs, and other LNG infrastructure assets under long-term charters. As of December 31, 2019, it operated a fleet of two LNG transportation vessels, and ten floating storage and regasification units. The company is also involved in the commercial management and bareboat hiring; and business development and project execution activities. In addition, it owns ships. The company is based in Hamilton, Bermuda.
Company Valuation
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks.