Stock Analysis · SUPER HI INTERNATIONAL HOLDING LTD (HDL)

Overview

SUPER HI INTERNATIONAL HOLDING LTD (HDL) operates in the restaurant industry (Consumer Cyclical sector). In simple terms, it makes money by running dining locations and selling food and beverages to customers. Like most restaurant businesses, results typically depend on customer traffic, pricing, food and labor costs, and the pace of opening (and successfully operating) new locations.

Based on the available information here, a detailed breakdown of revenue by segment (for example, by geography, brand, or service type) and exact percentages is not provided. For many restaurant operators, the largest revenue source is generally in-store food and beverage sales, with possible additional contributions from items such as delivery/channel partners, memberships/loyalty programs, or other ancillary streams depending on the concept and reporting.

The multi-year income-flow picture shows a business that expanded revenue from $312.4M (2021) to $779.6M (2024). Over the same period, profitability improved significantly, moving from a net loss in 2021–2022 to positive net income in 2023–2024. It also shows that cost of revenue remains the largest expense line, which is typical for restaurants where ingredients and store-level labor are substantial costs.

Key Figures

HDL’s market capitalization is about $1.02B, placing it in the small-cap range. The stock’s beta of ~0.54 suggests its price has historically moved less than the broader market on average (though this can change, especially for smaller companies).

On profitability, the latest profit margin is ~2.5%, which is below the industry median shown here (~7.7%). That gap matters in restaurants because small changes in costs (food, wages, rent, utilities) can meaningfully impact earnings when margins are thin.

On growth, the latest year-over-year revenue growth is ~7.8%, roughly in line with the industry median (~7.35%). Finally, HDL reports positive free cash flow over the last twelve months (~$93.3M), which is often viewed as an important sign of operating strength because it reflects cash generated after core spending needs.

Growth (Medium)

Restaurants are a large, competitive industry where long-term growth usually comes from some combination of new store openings, higher same-store sales (more customers and/or higher average ticket), and operating improvements (better purchasing, menu optimization, labor scheduling, and rent discipline). The category can grow over time, but it is also sensitive to consumer confidence and cost inflation.

The recent revenue growth trend shown is in the mid-to-high single digits (roughly ~4.9% to ~9.1% across the periods shown). This level of growth can be meaningful if the company can protect margins as it expands, since restaurant profits are often driven by scale and efficient operations.

Free cash flow is shown as positive across the two points displayed (about $101.4M down to $97.1M). For a restaurant operator, sustained positive free cash flow can help fund growth (such as new locations) and provide a buffer during weaker demand periods, though the direction and stability over a longer span are important to monitor.

Potential catalysts in this type of business typically include a successful rollout of new locations, improved unit economics (each store generating more profit), and operational efficiencies that lift margins. Another catalyst can be a continued transition from losses to consistent profitability, which the multi-year financial flow suggests has been underway.

Risks (High)

This article is for informational purposes only and does not constitute financial advice. Some content is AI-generated. See Disclaimer