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ISIN
VGG4481U1066
CUSIP
G4481U106
IPO Date
Dec 9, 1996

Highlights

Market Cap
$3.53M
Enterprise Value
-$1.12M
EPS (TTM)
-$0.16
Total Revenue (TTM)
$5.36M
Gross Profit (TTM)
$1.43M
EBITDA (TTM)
-$1.24M
Year Range
$0.64 - $2.21
ROA (TTM)
-9.61%
ROE (TTM)
-12.64%

Share Price Chart


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Highway Holdings Limited

Performance

HIHO Performance Chart

Highway Holdings Limited (HIHO) is down 51.7% since the beginning of the year. At $1 per share, HIHO is trading 65.2% below its 52-week high of $2. Investors who bought $1,000 worth of HIHO shares 5 years ago would now be looking at an investment worth $285.


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S&P 500 Index

Returns By Period

Highway Holdings Limited (HIHO) has returned -51.70% so far this year and -56.61% over the past 12 months. Over the last ten years, HIHO has returned -11.63% per year, falling short of the S&P 500 Index benchmark, which averaged 13.75% annually.


Highway Holdings Limited

1D
7.41%
1M
-5.49%
YTD
-51.70%
6M
-39.09%
1Y
-56.61%
3Y*
-26.43%
5Y*
-22.20%
10Y*
-11.63%

Benchmark (S&P 500 Index)

1D
0.13%
1M
5.25%
YTD
11.16%
6M
11.43%
1Y
28.20%
3Y*
21.12%
5Y*
12.66%
10Y*
13.75%
*Multi-year figures are annualized to reflect compound growth (CAGR)

HIHO Monthly Returns History

Based on dividend-adjusted daily data since Dec 11, 1996, HIHO's average daily return is +0.17%, while the average monthly return is +1.28%. At this rate, an investment would double in approximately 4.5 years.

Historically, 48% of months were positive and 52% were negative. The best month was Jan 2003 with a return of +143.1%, while the worst month was Oct 2008 at -54.6%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 8 months.

On a daily basis, HIHO closed higher 39% of trading days. The best single day was Nov 17, 1999 with a return of +247.4%, while the worst single day was Oct 10, 2008 at -43.5%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026-33.33%-14.15%-16.23%4.96%-5.56%1.64%-51.70%
2025-3.33%-3.45%1.37%-14.17%11.89%-2.36%-3.76%2.70%-4.09%-1.83%-29.81%40.71%-18.46%
2024-2.12%5.10%1.94%2.32%0.90%-2.36%-11.59%0.02%2.79%2.61%3.66%1.13%3.37%
202311.83%-11.91%-1.45%-1.96%2.48%27.15%-16.27%-0.47%-5.71%2.53%0.98%0.12%0.99%
2022-30.24%4.90%-4.40%-11.29%-11.66%2.26%-18.14%29.19%-5.46%-3.30%12.86%-7.24%-43.26%
202117.36%-4.38%-18.38%-9.65%3.56%13.47%-14.14%19.12%-6.78%4.84%6.95%-0.17%3.77%

Benchmark Metrics

Highway Holdings Limited has an annualized alpha of 48.71%, beta of 0.33, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since December 12, 1996.

  • This stock participated in 73.32% of S&P 500 Index downside but only 35.59% of its upside - more exposed to losses than it benefited from rallies.
  • Beta of 0.33 may look defensive, but with R2 of 0.00 this stock is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this stock's risk.
  • R2 of 0.00 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
48.71%
Beta
0.33
0.00
Upside Capture
35.59%
Downside Capture
73.32%

Return for Risk

Risk / Return Rank

HIHO ranks 7 for risk / return — in the bottom 7% of stocks on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.


HIHO Risk / Return Rank: 77
Overall Rank
HIHO Sharpe Ratio Rank: 1010
Sharpe Ratio Rank
HIHO Sortino Ratio Rank: 77
Sortino Ratio Rank
HIHO Omega Ratio Rank: 88
Omega Ratio Rank
HIHO Calmar Ratio Rank: 44
Calmar Ratio Rank
HIHO Martin Ratio Rank: 44
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Highway Holdings Limited (HIHO) and compare them to S&P 500 Index.


HIHOBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

-0.73

2.39

-3.12

Sortino ratio

Return per unit of downside risk

-1.33

3.25

-4.59

Omega ratio

Gain probability vs. loss probability

0.84

1.43

-0.59

Calmar ratio

Return relative to maximum drawdown

-0.93

3.11

-4.04

Martin ratio

Return relative to average drawdown

-1.55

14.38

-15.94

Dividends

Dividend History

Highway Holdings Limited provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.


0.00%2.00%4.00%6.00%8.00%10.00%12.00%14.00%$0.00$0.10$0.20$0.30$0.4020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$0.00$0.00$0.12$0.15$0.25$0.14$0.24$0.00$0.35$0.29$0.37$0.40

Dividend yield

0.00%0.00%6.15%7.49%11.90%3.41%5.87%0.00%13.67%6.90%11.38%8.35%

Monthly Dividends

The table displays the monthly dividend distributions for Highway Holdings Limited. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2024$0.00$0.00$0.00$0.05$0.00$0.00$0.00$0.00$0.00$0.02$0.00$0.05$0.12
2023$0.00$0.00$0.00$0.00$0.00$0.10$0.00$0.00$0.00$0.00$0.05$0.00$0.15
2022$0.00$0.00$0.05$0.00$0.00$0.00$0.00$0.00$0.15$0.00$0.00$0.05$0.25
2021$0.00$0.02$0.00$0.00$0.00$0.00$0.00$0.00$0.06$0.00$0.06$0.00$0.14

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Highway Holdings Limited. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Highway Holdings Limited was 91.64%, occurring on Aug 5, 2002. Recovery took 357 trading sessions.

The current Highway Holdings Limited drawdown is 82.16%.


Related event

Drawdown

Fall

Recovery

Underwater

Dot-com crash2000–2002
-91.64%Aug 2002
5y 5mo1y 5mo
6y 10moFeb 1997 - Jan 2004
Financial crisis2007–2009
-91.40%Mar 2009
2y 1mo6y 4mo
8y 5moJan 2007 - Jul 2015
2026 bear market2026
-83.39%Jun 2026
5y 3mo
5y 3moFeb 2021 - now
2019 bear market2019
-72.48%Dec 2019
1y 8mo1y 28d
2y 9moApr 2018 - Jan 2021
2004 bear market2004
-57.40%Nov 2004
10mo 2d2y 2mo
3y 11dJan 2004 - Jan 2007

Drawdown Indicators


HIHOBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-91.64%

-56.78%

-34.86%

Max Drawdown (1Y)

Largest decline over 1 year

-61.14%

-9.10%

-52.04%

Max Drawdown (3Y)

Largest decline over 3 years

-73.45%

-18.90%

-54.55%

Max Drawdown (5Y)

Largest decline over 5 years

-80.38%

-25.43%

-54.95%

Max Drawdown (10Y)

Largest decline over 10 years

-83.39%

-33.92%

-49.47%

Current Drawdown

Current decline from peak

-82.16%

0.00%

-82.16%

Average Drawdown

Average peak-to-trough decline

-50.16%

-10.72%

-39.44%

Ulcer Index

Depth and duration of drawdowns from previous peaks

36.45%

1.97%

+34.48%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Financials

Financial Performance

The chart below illustrates the trends in the financial health of Highway Holdings Limited over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.


Annual
Quarterly

0.0

Valuation

The Valuation section provides an overview of how Highway Holdings Limited is priced in the market compared to other companies in the Metal Fabrication industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.


PS Ratio

This chart shows the Price-to-Sales (P/S) ratio for HIHO relative to other companies in the Metal Fabrication industry. Currently, HIHO has a P/S ratio of 0.7. This P/S ratio falls within the average range for the industry, suggesting the stock is fairly valued based on its revenue.

PB Ratio

The chart illustrates the Price-to-Book (P/B) ratio for HIHO in comparison with other companies in the Metal Fabrication industry. Currently, HIHO has a P/B value of 0.6. This P/B ratio is low compared to industry peers. It might indicate the stock is undervalued or that the company’s assets are not expected to generate strong returns.

Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items
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