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HG Holdings

STLY
59
Shell Companies · Financial Services
Price
$4.26
+0.00 (+0.00%)
Market Cap
$11.7M
Winston Score
59
Winston is curious
A decent business — some strong pillars, some weaker.

Share count rising — dilution

+37.3% over 4y

The company has issued more shares over this period, which dilutes each existing shareholder’s stake.

Diluted shares outstanding: 2.9M (2021) → 3.9M (2025)

HG Holdings, Inc. is a small holding company based in the United States. It owns stakes in other businesses rather than selling products or services directly to customers. The company has historically had ties to the furniture and real estate industries through its investments.

HG Holdings makes money from the earnings and dividends generated by the companies it owns or invests in. It operates primarily in the United States and is a very small company, with a market cap that rounds to essentially zero at current levels. Because it depends entirely on the performance of its underlying investments rather than running its own operations, the biggest risk it faces is that those investments underperform or lose value, leaving the holding company with little to show shareholders.

Winston Score History

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+40.2% YoY

YoY Growth Rate

Revenue accelerating

EPS Growth

+209.4% YoY

YoY Growth Rate

EPS growth accelerating

R&D Spend

$0/ year

0.0% of revenue

Below sector average (7%)

Research and development spending

Insider Activity

0.8%ownership

Flat

Insiders holding steady — not selling despite ability to

Cash Position

Cash flow positive

$11M cash & investments

Quarterly Free Cash Flow

Company generates more cash than it spends — no dilution risk from fundraising

Revenue accelerating

HG Holdings grew revenue 40% year-over-year and the growth rate is speeding up. That's the kind of momentum growth investors look for — the question is whether margins can follow.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

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Quality

Gross Margin
96.3%
Premium pricing power — 96.3% gross margin
Operating Margin
64.8%
Excellent — 64.8% operating margin
ROCE
5.8%
Weak — 5.8% return on capital

ROIC between 5% and 15%. They earn 5 to 15 cents back per year on every dollar invested.

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Growth

Sales YoY
+39.3%
Fast-growing sales (39.3% YoY)
EPS YoY
N/A
Data not available
EPS Consistency
6/8 quarters
Earnings grew in most of the last 8 quarters

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Cash Flow

Cash Conversion
46%
Weak — only 46% of profit becomes cash
FCF Margin
6.5%
Modest free cash flow (6.5%)

FCF margin between 0% and 10%. Some cash from sales, but not a lot.

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Stability

Debt / Equity
0.01
Conservative — low debt load (0.01)
Interest Cover
100.00x
Comfortably covers interest (100.0x)

Interest coverage above 8. Profits cover interest many times over.

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Valuation

P/E Ratio (TTM)
6.9x
Attractive valuation — P/E 6.9

P/E under 10. The price tag is small relative to last year's profit.

P/E vs Forward
N/A
not available
Data not available

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Dividends

Not applicable for this business.
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