High（HCO）株式概要株式会社ハイSAはフランス、ベルギー、スペインで消費者エンゲージメント・チェーン・ソリューションを提供している。 詳細HCO ファンダメンタル分析スノーフレーク・スコア評価3/6将来の成長4/6過去の実績1/6財務の健全性6/6配当金4/6報酬当社が推定した公正価値より63.4%で取引されている 収益は年間21.95%増加すると予測されています リスク分析6.44%の配当は利益で十分にカバーされていない 意味のある時価総額がありません ( €75M )すべてのリスクチェックを見るHCO Community Fair Values Create NarrativeSee what 7 others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value€Current Price€3.8824.7% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture0174m2016201920222025202620282031Revenue €169.3mEarnings €7.3mAdvancedSet Fair ValueView all narrativesHigh Co. SA 競合他社Vaziva Société anonymeSymbol: ENXTPA:ALVAZMarket cap: €90.6mReworld Media Société AnonymeSymbol: ENXTPA:ALREWMarket cap: €93.6mBilendiSymbol: ENXTPA:ALBLDMarket cap: €65.2mHopscotch Global PR GroupSymbol: ENXTPA:ALHOPMarket cap: €48.2m価格と性能株価の高値、安値、推移の概要High過去の株価現在の株価€3.8852週高値€4.9052週安値€3.22ベータ0.191ヶ月の変化3.19%3ヶ月変化0.52%1年変化13.45%3年間の変化-18.83%5年間の変化-26.52%IPOからの変化-31.80%最新ニュースUpcoming Dividend • May 25Upcoming dividend of €0.25 per shareEligible shareholders must have bought the stock before 01 June 2026. Payment date: 03 June 2026. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 6.6%. Within top quartile of French dividend payers (5.7%). Higher than average of industry peers (4.9%).New Risk • May 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of French stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (116% payout ratio). Share price has been volatile over the past 3 months (7.6% average weekly change). Market cap is less than US$100m (€70.3m market cap, or US$82.5m).Major Estimate Revision • Apr 24Consensus EPS estimates fall by 22%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from €0.227 to €0.177. Revenue forecast unchanged from €140.0m at last update. Net income forecast to shrink 18% next year vs 9.7% growth forecast for Media industry in France . Consensus price target of €4.50 unchanged from last update. Share price was steady at €3.76 over the past week.Declared Dividend • Apr 22Final dividend of €0.25 announcedShareholders will receive a dividend of €0.25. Ex-date: 1st June 2026 Payment date: 3rd June 2026 Dividend yield will be 33%, which is higher than the industry average of 3.5%. Sustainability & Growth Dividend is covered by both earnings (85% earnings payout ratio) and cash flows (28% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 67% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Apr 21+ 1 more updateHigh Co. SA announces Annual dividend, payable on June 03, 2026High Co. SA announced Annual dividend of EUR 0.2500 per share payable on June 03, 2026, ex-date on June 01, 2026 and record date on June 02, 2026.Reported Earnings • Mar 29Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: €0.22 (down from €0.39 in FY 2024). Revenue: €98.7m (down 33% from FY 2024). Net income: €4.24m (down 45% from FY 2024). Profit margin: 4.3% (down from 5.3% in FY 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 13%. Earnings per share (EPS) also missed analyst estimates by 6.0%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, while revenues in the Media industry in France are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.最新情報をもっと見るRecent updatesUpcoming Dividend • May 25Upcoming dividend of €0.25 per shareEligible shareholders must have bought the stock before 01 June 2026. Payment date: 03 June 2026. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 6.6%. Within top quartile of French dividend payers (5.7%). Higher than average of industry peers (4.9%).New Risk • May 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of French stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (116% payout ratio). Share price has been volatile over the past 3 months (7.6% average weekly change). Market cap is less than US$100m (€70.3m market cap, or US$82.5m).Major Estimate Revision • Apr 24Consensus EPS estimates fall by 22%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from €0.227 to €0.177. Revenue forecast unchanged from €140.0m at last update. Net income forecast to shrink 18% next year vs 9.7% growth forecast for Media industry in France . Consensus price target of €4.50 unchanged from last update. Share price was steady at €3.76 over the past week.Declared Dividend • Apr 22Final dividend of €0.25 announcedShareholders will receive a dividend of €0.25. Ex-date: 1st June 2026 Payment date: 3rd June 2026 Dividend yield will be 33%, which is higher than the industry average of 3.5%. Sustainability & Growth Dividend is covered by both earnings (85% earnings payout ratio) and cash flows (28% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 67% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Apr 21+ 1 more updateHigh Co. SA announces Annual dividend, payable on June 03, 2026High Co. SA announced Annual dividend of EUR 0.2500 per share payable on June 03, 2026, ex-date on June 01, 2026 and record date on June 02, 2026.Reported Earnings • Mar 29Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: €0.22 (down from €0.39 in FY 2024). Revenue: €98.7m (down 33% from FY 2024). Net income: €4.24m (down 45% from FY 2024). Profit margin: 4.3% (down from 5.3% in FY 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 13%. Earnings per share (EPS) also missed analyst estimates by 6.0%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, while revenues in the Media industry in France are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.Major Estimate Revision • Mar 27Consensus EPS estimates increase by 11%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate increased from €0.204 to €0.225. Revenue forecast unchanged at €140.0m. Net income forecast to shrink 11% next year vs 9.7% growth forecast for Media industry in France . Consensus price target down from €4.70 to €4.50. Share price fell 2.6% to €3.40 over the past week.Valuation Update With 7 Day Price Move • Feb 25Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €3.90, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 10x in the Media industry in France. Total returns to shareholders of 16% over the past three years.Price Target Changed • Feb 09Price target increased by 11% to €4.70Up from €4.23, the current price target is an average from 3 analysts. New target price is 30% above last closing price of €3.62. Stock is up 43% over the past year. The company is forecast to post earnings per share of €0.27 for next year compared to €0.39 last year.分析記事 • Jan 31Analysts Are Betting On High Co. SA (EPA:HCO) With A Big Upgrade This WeekShareholders in High Co. SA ( EPA:HCO ) may be thrilled to learn that the analysts have just delivered a major upgrade...Major Estimate Revision • Jan 30Consensus revenue estimates increase by 19%The consensus outlook for revenues in fiscal year 2025 has improved. 2025 revenue forecast increased from €95.0m to €113.3m. EPS estimate increased from €0.273 to €0.285 per share. Net income forecast to shrink 11% next year vs 8.5% growth forecast for Media industry in France . Consensus price target broadly unchanged at €4.28. Share price fell 2.8% to €3.82 over the past week.New Risk • Jan 29New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 3.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 3.3% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (4.0% net profit margin). Market cap is less than US$100m (€76.4m market cap, or US$91.3m).お知らせ • Jan 29+ 4 more updatesHigh Co. SA to Report Q3, 2026 Results on Oct 21, 2026High Co. SA announced that they will report Q3, 2026 results After-Market on Oct 21, 2026お知らせ • Jan 28High Co. SA to Report Q1, 2026 Results on Apr 22, 2026High Co. SA announced that they will report Q1, 2026 results After-Market on Apr 22, 2026Major Estimate Revision • Jan 09Consensus revenue estimates decrease by 15%The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from €110.0m to €93.5m. EPS estimate unchanged from €0.27 per share at last update. Media industry in France expected to see average net income growth of 8.0% next year. Consensus price target of €4.23 unchanged from last update. Share price was steady at €3.98 over the past week.Major Estimate Revision • Oct 17Consensus EPS estimates increase by 14%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from €100.4m to €110.0m. EPS estimate increased from €0.24 to €0.273 per share. Net income forecast to shrink 12% next year vs 6.7% growth forecast for Media industry in France . Consensus price target broadly unchanged at €4.23. Share price was steady at €4.02 over the past week.New Risk • Oct 16New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.0% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.0% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.9% average weekly change). Profit margins are more than 30% lower than last year (4.0% net profit margin). Market cap is less than US$100m (€79.1m market cap, or US$92.1m).Reported Earnings • Sep 14First half 2025 earnings released: EPS: €0.17 (vs €0.34 in 1H 2024)First half 2025 results: EPS: €0.17 (down from €0.34 in 1H 2024). Revenue: €45.0m (down 42% from 1H 2024). Net income: €3.24m (down 51% from 1H 2024). Profit margin: 7.2% (down from 8.6% in 1H 2024). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 5.6% p.a. on average during the next 3 years, while revenues in the Media industry in France are expected to grow by 1.5%. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.New Risk • Sep 12New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.0% Last year net profit margin: 7.7% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.5% average weekly change). Profit margins are more than 30% lower than last year (4.0% net profit margin). Market cap is less than US$100m (€74.3m market cap, or US$87.2m).New Risk • Sep 03New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of French stocks, typically moving 4.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 14% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (4.8% average weekly change). Market cap is less than US$100m (€89.6m market cap, or US$104.4m).Valuation Update With 7 Day Price Move • Sep 03Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to €3.66, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 9x in the Media industry in France. Total returns to shareholders of 22% over the past three years.Upcoming Dividend • Aug 27Upcoming dividend of €1.00 per shareEligible shareholders must have bought the stock before 03 September 2025. Payment date: 05 September 2025. Payout ratio is a comfortable 64% and this is well supported by cash flows. Trailing yield: 5.3%. Lower than top quartile of French dividend payers (5.4%). Higher than average of industry peers (4.7%).Price Target Changed • Jul 24Price target increased by 11% to €4.08Up from €3.68, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of €4.14. Stock is up 51% over the past year. The company is forecast to post earnings per share of €0.23 for next year compared to €0.39 last year.Price Target Changed • Jun 19Price target increased by 8.9% to €3.68Up from €3.38, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of €3.80. Stock is up 33% over the past year. The company is forecast to post earnings per share of €0.25 for next year compared to €0.39 last year.New Risk • Jun 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of French stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 24% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.2% average weekly change). Market cap is less than US$100m (€72.9m market cap, or US$83.7m).分析記事 • May 22There's No Escaping High Co. SA's (EPA:HCO) Muted Earnings Despite A 26% Share Price RiseDespite an already strong run, High Co. SA ( EPA:HCO ) shares have been powering on, with a gain of 26% in the last...Upcoming Dividend • May 16Upcoming dividend of €0.25 per shareEligible shareholders must have bought the stock before 23 May 2025. Payment date: 27 May 2025. Payout ratio is a comfortable 64% and this is well supported by cash flows. Trailing yield: 6.9%. Within top quartile of French dividend payers (5.4%). Higher than average of industry peers (4.1%).Major Estimate Revision • May 02Consensus revenue estimates decrease by 18%The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from €112.1m to €91.8m. EPS estimate unchanged from €0.24 per share at last update. Media industry in France expected to see average net income decline 2.2% next year. Consensus price target down from €3.53 to €3.38. Share price was steady at €3.13 over the past week.Reported Earnings • Apr 23Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: €0.39 (down from €0.53 in FY 2023). Revenue: €146.4m (flat on FY 2023). Net income: €7.75m (down 27% from FY 2023). Profit margin: 5.3% (down from 7.3% in FY 2023). Revenue exceeded analyst estimates by 4.9%. Earnings per share (EPS) also surpassed analyst estimates by 32%. Revenue is expected to decline by 4.8% p.a. on average during the next 3 years, while revenues in the Media industry in France are expected to grow by 1.8%. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.分析記事 • Apr 06High's (EPA:HCO) Soft Earnings Are Actually Better Than They AppearSoft earnings didn't appear to concern High Co. SA's ( EPA:HCO ) shareholders over the last week. We think that the...New Risk • Apr 06New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 33% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 24% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Market cap is less than US$100m (€55.4m market cap, or US$60.7m).分析記事 • Mar 30High (EPA:HCO) Has Announced That It Will Be Increasing Its Dividend To €0.25High Co. SA ( EPA:HCO ) will increase its dividend on the 27th of May to €0.25, which is 25% higher than last year's...Declared Dividend • Mar 30Dividend increased to €0.25Dividend of €0.25 is 25% higher than last year. Ex-date: 23rd May 2025 Payment date: 27th May 2025 Dividend yield will be 7.9%, which is higher than the industry average of 3.5%. Sustainability & Growth The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 67% over the next 3 years. Since a fall of 61% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk.お知らせ • Mar 29High Co. SA, Annual General Meeting, May 19, 2025High Co. SA, Annual General Meeting, May 19, 2025.Price Target Changed • Mar 28Price target increased by 16% to €3.53Up from €3.05, the current price target is an average from 4 analysts. New target price is 12% above last closing price of €3.15. Stock is up 11% over the past year. The company is forecast to post earnings per share of €0.29 for next year compared to €0.53 last year.お知らせ • Mar 27+ 1 more updateHigh Co. SA Proposes Exceptional DividendHigh Co. SA announced that the income from this disposal should enable the company to propose an exceptional dividend of €1 per share as a result of the sale.Valuation Update With 7 Day Price Move • Mar 20Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €3.14, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 10x in the Media industry in France. Total loss to shareholders of 34% over the past three years.お知らせ • Mar 20A group of investors including Albarest Partners SAS and Guillaume Guttin has entered into an agreement to acquire 51% stake in High Connexion from High Co. SA (ENXTPA:HCO).A group of investors including Albarest Partners SAS and Guillaume Guttin has entered into an agreement to acquire 51% stake in High Connexion from High Co. SA (ENXTPA:HCO) on March 19, 2025. For the period ending December 31, 2024, High Connexion reported total revenue of €146.38 million.お知らせ • Feb 06High Co. SA to Report Fiscal Year 2024 Final Results on Mar 26, 2025High Co. SA announced that they will report fiscal year 2024 final results at 5:40 PM, Central European Standard Time on Mar 26, 2025お知らせ • Jan 23+ 4 more updatesHigh Co. SA to Report Q4, 2025 Results on Jan 28, 2026High Co. SA announced that they will report Q4, 2025 results After-Market on Jan 28, 2026分析記事 • Sep 20We Think High's (EPA:HCO) Healthy Earnings Might Be ConservativeHigh Co. SA's ( EPA:HCO ) solid earnings announcement recently didn't do much to the stock price. We did some analysis...Reported Earnings • Sep 15First half 2024 earnings releasedFirst half 2024 results: Revenue: €77.0m (flat on 1H 2023). Net income: €6.63m (up 4.5% from 1H 2023). Profit margin: 8.6% (up from 8.3% in 1H 2023). Revenue is expected to decline by 6.5% p.a. on average during the next 3 years, while revenues in the Media industry in France are expected to grow by 3.7%.Buy Or Sell Opportunity • May 25Now 22% undervaluedOver the last 90 days, the stock has risen 13% to €3.11. The fair value is estimated to be €3.98, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.1% over the last 3 years. Earnings per share has declined by 11%. For the next 3 years, revenue is forecast to decline by 6.8% per annum. Earnings are also forecast to decline by 33% per annum over the same time period.分析記事 • May 24High's (EPA:HCO) Dividend Is Being Reduced To €0.20High Co. SA ( EPA:HCO ) is reducing its dividend from last year's comparable payment to €0.20 on the 28th of May. This...Upcoming Dividend • May 17Upcoming dividend of €0.20 per shareEligible shareholders must have bought the stock before 24 May 2024. Payment date: 28 May 2024. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 6.2%. Within top quartile of French dividend payers (5.1%). Higher than average of industry peers (3.4%).分析記事 • May 10High (EPA:HCO) Is Reducing Its Dividend To €0.20High Co. SA ( EPA:HCO ) has announced that on 28th of May, it will be paying a dividend of€0.20, which a reduction from...分析記事 • Apr 26High's (EPA:HCO) Dividend Is Being Reduced To €0.20High Co. SA's ( EPA:HCO ) dividend is being reduced from last year's payment covering the same period to €0.20 on the...Reported Earnings • Apr 18Full year 2023 earnings released: EPS: €0.54 (vs €0.088 in FY 2022)Full year 2023 results: EPS: €0.54 (up from €0.088 in FY 2022). Revenue: €145.4m (flat on FY 2022). Net income: €10.7m (up 495% from FY 2022). Profit margin: 7.3% (up from 1.2% in FY 2022). Revenue is expected to decline by 6.8% p.a. on average during the next 3 years, while revenues in the Media industry in France are expected to grow by 5.6%. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 20% per year, which means it is performing significantly worse than earnings.Declared Dividend • Apr 05Dividend reduced to €0.20Dividend of €0.20 is 50% lower than last year. Ex-date: 24th May 2024 Payment date: 28th May 2024 Dividend yield will be 6.9%, which is higher than the industry average of 3.5%. Sustainability & Growth The dividend has increased by an average of 18% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 301% to bring the payout ratio under control. EPS is expected to grow by 3.1% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.New Risk • Apr 04New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.7% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.7% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.5% net profit margin). Market cap is less than US$100m (€58.0m market cap, or US$63.0m).Price Target Changed • Apr 02Price target decreased by 10% to €3.46Down from €3.86, the current price target is an average from 4 analysts. New target price is 22% above last closing price of €2.83. Stock is down 45% over the past year. The company is forecast to post earnings per share of €0.49 for next year compared to €0.088 last year.お知らせ • Mar 28High Co. SA, Annual General Meeting, May 21, 2024High Co. SA, Annual General Meeting, May 21, 2024, at 11:00 Central European Standard Time. Location: head office in Aix-en-Provence Aix-en-Provence France Agenda: To propose a dividend of €0.20 per share with respect to FY 2023,.New Risk • Mar 28New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 5.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 361% Cash payout ratio: 265% Earnings are forecast to decline by an average of 5.3% per year for the foreseeable future. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.5% net profit margin). Market cap is less than US$100m (€56.0m market cap, or US$60.4m).お知らせ • Mar 28High Co. SA Proposes Dividend for the Fiscal Year 2023, Payable on 28 May 2024High Co. SA proposed dividend of dividend payout of €0.20 per share with respect to fiscal year 2023 (€0.40 per share paid in 2023 in respect of Fiscal Year 2022) at the AGM in May 21, 2024 with the payment date scheduled for 28 May 2024 (ex-dividend date of 24 May 2024).お知らせ • Mar 06High Co. SA to Report Q2, 2024 Results on Jul 18, 2024High Co. SA announced that they will report Q2, 2024 results After-Market on Jul 18, 2024分析記事 • Feb 13High Co. SA's (EPA:HCO) 28% Share Price Plunge Could Signal Some RiskTo the annoyance of some shareholders, High Co. SA ( EPA:HCO ) shares are down a considerable 28% in the last month...Valuation Update With 7 Day Price Move • Jan 26Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €3.16, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 9x in the Media industry in France. Total loss to shareholders of 25% over the past three years.分析記事 • Jan 26High (EPA:HCO) Hasn't Managed To Accelerate Its ReturnsIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...お知らせ • Jan 25+ 3 more updatesHigh Co. SA to Report Q3, 2024 Results on Oct 16, 2024High Co. SA announced that they will report Q3, 2024 results After-Market on Oct 16, 2024Price Target Changed • Jan 25Price target decreased by 15% to €4.66Down from €5.46, the current price target is an average from 4 analysts. New target price is 23% above last closing price of €3.78. Stock is down 26% over the past year. The company is forecast to post earnings per share of €0.49 for next year compared to €0.088 last year.Price Target Changed • Oct 19Price target decreased by 7.1% to €5.39Down from €5.80, the current price target is an average from 4 analysts. New target price is 24% above last closing price of €4.35. Stock is down 8.0% over the past year. The company is forecast to post earnings per share of €0.48 for next year compared to €0.088 last year.分析記事 • May 23High's (EPA:HCO) Shareholders Will Receive A Bigger Dividend Than Last YearThe board of High Co. SA ( EPA:HCO ) has announced that it will be paying its dividend of €0.40 on the 26th of May, an...Upcoming Dividend • May 17Upcoming dividend of €0.40 per share at 8.0% yieldEligible shareholders must have bought the stock before 24 May 2023. Payment date: 26 May 2023. The company is paying out more than 100% of its profits and is paying out 87% of its cash flow. Trailing yield: 8.0%. Within top quartile of French dividend payers (5.4%). Higher than average of industry peers (4.6%).分析記事 • May 09High (EPA:HCO) Is Increasing Its Dividend To €0.40High Co. SA's ( EPA:HCO ) dividend will be increasing from last year's payment of the same period to €0.40 on 26th of...分析記事 • Apr 01High (EPA:HCO) Is Increasing Its Dividend To €0.40The board of High Co. SA ( EPA:HCO ) has announced that the dividend on 26th of May will be increased to €0.40, which...お知らせ • Jan 07+ 5 more updatesHigh Co. SA to Report Fiscal Year 2023 Results on Jan 24, 2024High Co. SA announced that they will report fiscal year 2023 results at 5:40 PM, Central European Standard Time on Jan 24, 2024Price Target Changed • Dec 01Price target decreased to €6.83Down from €7.38, the current price target is an average from 4 analysts. New target price is 46% above last closing price of €4.67. Stock is down 6.6% over the past year. The company is forecast to post earnings per share of €0.45 for next year compared to €0.54 last year.Reported Earnings • Aug 28First half 2022 earnings released: EPS: €0.29 (vs €0.28 in 1H 2021)First half 2022 results: EPS: €0.29 (up from €0.28 in 1H 2021). Revenue: €72.7m (up 5.0% from 1H 2021). Net income: €5.91m (flat on 1H 2021). Profit margin: 8.1% (down from 8.5% in 1H 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 1.3%, compared to a 1.5% growth forecast for the Media industry in France. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Upcoming Dividend • May 12Upcoming dividend of €0.32 per shareEligible shareholders must have bought the stock before 19 May 2022. Payment date: 23 May 2022. Payout ratio is a comfortable 59% and the cash payout ratio is 88%. Trailing yield: 5.8%. Within top quartile of French dividend payers (5.0%). Higher than average of industry peers (3.9%).分析記事 • May 12High (EPA:HCO) Will Pay A Larger Dividend Than Last Year At €0.32High Co. SA ( EPA:HCO ) has announced that it will be increasing its dividend on the 23rd of May to €0.32. This will...分析記事 • Apr 28High's (EPA:HCO) Shareholders Will Receive A Bigger Dividend Than Last YearHigh Co. SA's ( EPA:HCO ) dividend will be increasing to €0.32 on 23rd of May. This will take the dividend yield from...Reported Earnings • Apr 27Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: €0.54 (up from €0.30 in FY 2020). Revenue: €137.4m (flat on FY 2020). Net income: €11.2m (up 76% from FY 2020). Profit margin: 8.1% (up from 4.6% in FY 2020). Revenue exceeded analyst estimates by 79%. Earnings per share (EPS) also surpassed analyst estimates by 30%. Over the next year, revenue is forecast to grow 2.6%, compared to a 5.6% growth forecast for the industry in France. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has increased by 1% per year.分析記事 • Apr 14High's (EPA:HCO) Dividend Will Be Increased To €0.32The board of High Co. SA ( EPA:HCO ) has announced that it will be increasing its dividend on the 23rd of May to €0.32...分析記事 • Mar 25Broker Revenue Forecasts For High Co. SA (EPA:HCO) Are Surging HigherCelebrations may be in order for High Co. SA ( EPA:HCO ) shareholders, with the analysts delivering a significant...Valuation Update With 7 Day Price Move • Mar 22Investor sentiment improved over the past weekAfter last week's 15% share price gain to €5.72, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 10x in the Media industry in France. Total returns to shareholders of 19% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €10.09 per share.Price Target Changed • Aug 27Price target increased to €7.10Up from €6.47, the current price target is an average from 3 analysts. New target price is 18% above last closing price of €6.02. Stock is up 36% over the past year.Price Target Changed • Aug 26Price target increased to €6.77Up from €6.27, the current price target is an average from 3 analysts. New target price is 11% above last closing price of €6.08. Stock is up 36% over the past year.分析記事 • May 31High (EPA:HCO) Has More To Do To Multiply In Value Going ForwardDid you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...Upcoming Dividend • May 13Upcoming dividend of €0.27 per shareEligible shareholders must have bought the stock before 20 May 2021. Payment date: 24 May 2021. Trailing yield: 4.9%. Within top quartile of French dividend payers (3.9%). In line with average of industry peers (4.5%).分析記事 • Apr 08Would High Co. SA (EPA:HCO) Be Valuable To Income Investors?Today we'll take a closer look at High Co. SA ( EPA:HCO ) from a dividend investor's perspective. Owning a strong...分析記事 • Mar 27Here's Why High (EPA:HCO) Can Manage Its Debt ResponsiblyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...株主還元HCOFR MediaFR 市場7D4.9%6.3%3.4%1Y13.5%-4.3%1.9%株主還元を見る業界別リターン: HCO過去 1 年間で-4.3 % の収益を上げたFrench Media業界を上回りました。リターン対市場: HCO過去 1 年間で1.9 % の収益を上げたFrench市場を上回りました。価格変動Is HCO's price volatile compared to industry and market?HCO volatilityHCO Average Weekly Movement6.7%Media Industry Average Movement5.9%Market Average Movement5.5%10% most volatile stocks in FR Market10.7%10% least volatile stocks in FR Market3.0%安定した株価: HCO 、 French市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: HCOの 週次ボラティリティ ( 7% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト1990548Cecile Collina-Huewww.highco.com株式会社ハイフランス、ベルギー、スペインで消費者エンゲージメント・チェーン・ソリューションを提供。ブランドプラットフォーム、コミュニケーション戦略、ソーシャルメディアエンゲージメント、メディア戦略サービス、サービスデザインサービス、SMSやプッシュ通知、モバイルアプリやウェブサイト、ロイヤリティプログラムなどを提供している。また、データ収集・分析、ターゲティング・パーソナライゼーション・ドライバー、予測アルゴリズム、GDPR対応技術、プロモーション・メカニック、マルチチャネル流通、ロジスティクス・マーチャンダイジング、運営管理・クーポンクリアリングサービスも提供している。同社は1990年に設立され、フランスのエクサンプロバンスに本社を置いている。もっと見るHigh Co. SA 基礎のまとめHigh の収益と売上を時価総額と比較するとどうか。HCO 基礎統計学時価総額€75.19m収益（TTM）€4.24m売上高(TTM)€98.65m17.8xPER（株価収益率0.8xP/SレシオHCO は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計HCO 損益計算書（TTM）収益€98.65m売上原価€84.70m売上総利益€13.96mその他の費用€9.72m収益€4.24m直近の収益報告Dec 31, 2025次回決算日Jul 22, 2026一株当たり利益（EPS）0.22グロス・マージン14.15%純利益率4.29%有利子負債／自己資本比率24.7%HCO の長期的なパフォーマンスは？過去の実績と比較を見る配当金6.4%現在の配当利回り116%配当性向HCO 配当は確実ですか？HCO 配当履歴とベンチマークを見るHCO 、いつまでに購入すれば配当金を受け取れますか？High 配当日配当落ち日Jun 01 2026配当支払日Jun 03 2026配当落ちまでの日数6 days配当支払日までの日数8 daysHCO 配当は確実ですか？HCO 配当履歴とベンチマークを見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/25 06:11終値2026/05/25 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋High Co. SA 2 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。4 アナリスト機関Stephanie LefebvreGilbert DupontMaud Penillard ServagnatIn Extenso Financement & MarchéEmmanuel MatotODDO BHF Corporate & Markets1 その他のアナリストを表示
Upcoming Dividend • May 25Upcoming dividend of €0.25 per shareEligible shareholders must have bought the stock before 01 June 2026. Payment date: 03 June 2026. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 6.6%. Within top quartile of French dividend payers (5.7%). Higher than average of industry peers (4.9%).
New Risk • May 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of French stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (116% payout ratio). Share price has been volatile over the past 3 months (7.6% average weekly change). Market cap is less than US$100m (€70.3m market cap, or US$82.5m).
Major Estimate Revision • Apr 24Consensus EPS estimates fall by 22%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from €0.227 to €0.177. Revenue forecast unchanged from €140.0m at last update. Net income forecast to shrink 18% next year vs 9.7% growth forecast for Media industry in France . Consensus price target of €4.50 unchanged from last update. Share price was steady at €3.76 over the past week.
Declared Dividend • Apr 22Final dividend of €0.25 announcedShareholders will receive a dividend of €0.25. Ex-date: 1st June 2026 Payment date: 3rd June 2026 Dividend yield will be 33%, which is higher than the industry average of 3.5%. Sustainability & Growth Dividend is covered by both earnings (85% earnings payout ratio) and cash flows (28% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 67% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Apr 21+ 1 more updateHigh Co. SA announces Annual dividend, payable on June 03, 2026High Co. SA announced Annual dividend of EUR 0.2500 per share payable on June 03, 2026, ex-date on June 01, 2026 and record date on June 02, 2026.
Reported Earnings • Mar 29Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: €0.22 (down from €0.39 in FY 2024). Revenue: €98.7m (down 33% from FY 2024). Net income: €4.24m (down 45% from FY 2024). Profit margin: 4.3% (down from 5.3% in FY 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 13%. Earnings per share (EPS) also missed analyst estimates by 6.0%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, while revenues in the Media industry in France are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
Upcoming Dividend • May 25Upcoming dividend of €0.25 per shareEligible shareholders must have bought the stock before 01 June 2026. Payment date: 03 June 2026. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 6.6%. Within top quartile of French dividend payers (5.7%). Higher than average of industry peers (4.9%).
New Risk • May 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of French stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (116% payout ratio). Share price has been volatile over the past 3 months (7.6% average weekly change). Market cap is less than US$100m (€70.3m market cap, or US$82.5m).
Major Estimate Revision • Apr 24Consensus EPS estimates fall by 22%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from €0.227 to €0.177. Revenue forecast unchanged from €140.0m at last update. Net income forecast to shrink 18% next year vs 9.7% growth forecast for Media industry in France . Consensus price target of €4.50 unchanged from last update. Share price was steady at €3.76 over the past week.
Declared Dividend • Apr 22Final dividend of €0.25 announcedShareholders will receive a dividend of €0.25. Ex-date: 1st June 2026 Payment date: 3rd June 2026 Dividend yield will be 33%, which is higher than the industry average of 3.5%. Sustainability & Growth Dividend is covered by both earnings (85% earnings payout ratio) and cash flows (28% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 67% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Apr 21+ 1 more updateHigh Co. SA announces Annual dividend, payable on June 03, 2026High Co. SA announced Annual dividend of EUR 0.2500 per share payable on June 03, 2026, ex-date on June 01, 2026 and record date on June 02, 2026.
Reported Earnings • Mar 29Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: €0.22 (down from €0.39 in FY 2024). Revenue: €98.7m (down 33% from FY 2024). Net income: €4.24m (down 45% from FY 2024). Profit margin: 4.3% (down from 5.3% in FY 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 13%. Earnings per share (EPS) also missed analyst estimates by 6.0%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, while revenues in the Media industry in France are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
Major Estimate Revision • Mar 27Consensus EPS estimates increase by 11%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate increased from €0.204 to €0.225. Revenue forecast unchanged at €140.0m. Net income forecast to shrink 11% next year vs 9.7% growth forecast for Media industry in France . Consensus price target down from €4.70 to €4.50. Share price fell 2.6% to €3.40 over the past week.
Valuation Update With 7 Day Price Move • Feb 25Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €3.90, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 10x in the Media industry in France. Total returns to shareholders of 16% over the past three years.
Price Target Changed • Feb 09Price target increased by 11% to €4.70Up from €4.23, the current price target is an average from 3 analysts. New target price is 30% above last closing price of €3.62. Stock is up 43% over the past year. The company is forecast to post earnings per share of €0.27 for next year compared to €0.39 last year.
分析記事 • Jan 31Analysts Are Betting On High Co. SA (EPA:HCO) With A Big Upgrade This WeekShareholders in High Co. SA ( EPA:HCO ) may be thrilled to learn that the analysts have just delivered a major upgrade...
Major Estimate Revision • Jan 30Consensus revenue estimates increase by 19%The consensus outlook for revenues in fiscal year 2025 has improved. 2025 revenue forecast increased from €95.0m to €113.3m. EPS estimate increased from €0.273 to €0.285 per share. Net income forecast to shrink 11% next year vs 8.5% growth forecast for Media industry in France . Consensus price target broadly unchanged at €4.28. Share price fell 2.8% to €3.82 over the past week.
New Risk • Jan 29New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 3.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 3.3% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (4.0% net profit margin). Market cap is less than US$100m (€76.4m market cap, or US$91.3m).
お知らせ • Jan 29+ 4 more updatesHigh Co. SA to Report Q3, 2026 Results on Oct 21, 2026High Co. SA announced that they will report Q3, 2026 results After-Market on Oct 21, 2026
お知らせ • Jan 28High Co. SA to Report Q1, 2026 Results on Apr 22, 2026High Co. SA announced that they will report Q1, 2026 results After-Market on Apr 22, 2026
Major Estimate Revision • Jan 09Consensus revenue estimates decrease by 15%The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from €110.0m to €93.5m. EPS estimate unchanged from €0.27 per share at last update. Media industry in France expected to see average net income growth of 8.0% next year. Consensus price target of €4.23 unchanged from last update. Share price was steady at €3.98 over the past week.
Major Estimate Revision • Oct 17Consensus EPS estimates increase by 14%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from €100.4m to €110.0m. EPS estimate increased from €0.24 to €0.273 per share. Net income forecast to shrink 12% next year vs 6.7% growth forecast for Media industry in France . Consensus price target broadly unchanged at €4.23. Share price was steady at €4.02 over the past week.
New Risk • Oct 16New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.0% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.0% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.9% average weekly change). Profit margins are more than 30% lower than last year (4.0% net profit margin). Market cap is less than US$100m (€79.1m market cap, or US$92.1m).
Reported Earnings • Sep 14First half 2025 earnings released: EPS: €0.17 (vs €0.34 in 1H 2024)First half 2025 results: EPS: €0.17 (down from €0.34 in 1H 2024). Revenue: €45.0m (down 42% from 1H 2024). Net income: €3.24m (down 51% from 1H 2024). Profit margin: 7.2% (down from 8.6% in 1H 2024). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 5.6% p.a. on average during the next 3 years, while revenues in the Media industry in France are expected to grow by 1.5%. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
New Risk • Sep 12New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.0% Last year net profit margin: 7.7% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.5% average weekly change). Profit margins are more than 30% lower than last year (4.0% net profit margin). Market cap is less than US$100m (€74.3m market cap, or US$87.2m).
New Risk • Sep 03New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of French stocks, typically moving 4.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 14% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (4.8% average weekly change). Market cap is less than US$100m (€89.6m market cap, or US$104.4m).
Valuation Update With 7 Day Price Move • Sep 03Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to €3.66, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 9x in the Media industry in France. Total returns to shareholders of 22% over the past three years.
Upcoming Dividend • Aug 27Upcoming dividend of €1.00 per shareEligible shareholders must have bought the stock before 03 September 2025. Payment date: 05 September 2025. Payout ratio is a comfortable 64% and this is well supported by cash flows. Trailing yield: 5.3%. Lower than top quartile of French dividend payers (5.4%). Higher than average of industry peers (4.7%).
Price Target Changed • Jul 24Price target increased by 11% to €4.08Up from €3.68, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of €4.14. Stock is up 51% over the past year. The company is forecast to post earnings per share of €0.23 for next year compared to €0.39 last year.
Price Target Changed • Jun 19Price target increased by 8.9% to €3.68Up from €3.38, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of €3.80. Stock is up 33% over the past year. The company is forecast to post earnings per share of €0.25 for next year compared to €0.39 last year.
New Risk • Jun 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of French stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 24% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.2% average weekly change). Market cap is less than US$100m (€72.9m market cap, or US$83.7m).
分析記事 • May 22There's No Escaping High Co. SA's (EPA:HCO) Muted Earnings Despite A 26% Share Price RiseDespite an already strong run, High Co. SA ( EPA:HCO ) shares have been powering on, with a gain of 26% in the last...
Upcoming Dividend • May 16Upcoming dividend of €0.25 per shareEligible shareholders must have bought the stock before 23 May 2025. Payment date: 27 May 2025. Payout ratio is a comfortable 64% and this is well supported by cash flows. Trailing yield: 6.9%. Within top quartile of French dividend payers (5.4%). Higher than average of industry peers (4.1%).
Major Estimate Revision • May 02Consensus revenue estimates decrease by 18%The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from €112.1m to €91.8m. EPS estimate unchanged from €0.24 per share at last update. Media industry in France expected to see average net income decline 2.2% next year. Consensus price target down from €3.53 to €3.38. Share price was steady at €3.13 over the past week.
Reported Earnings • Apr 23Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: €0.39 (down from €0.53 in FY 2023). Revenue: €146.4m (flat on FY 2023). Net income: €7.75m (down 27% from FY 2023). Profit margin: 5.3% (down from 7.3% in FY 2023). Revenue exceeded analyst estimates by 4.9%. Earnings per share (EPS) also surpassed analyst estimates by 32%. Revenue is expected to decline by 4.8% p.a. on average during the next 3 years, while revenues in the Media industry in France are expected to grow by 1.8%. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.
分析記事 • Apr 06High's (EPA:HCO) Soft Earnings Are Actually Better Than They AppearSoft earnings didn't appear to concern High Co. SA's ( EPA:HCO ) shareholders over the last week. We think that the...
New Risk • Apr 06New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 33% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 24% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Market cap is less than US$100m (€55.4m market cap, or US$60.7m).
分析記事 • Mar 30High (EPA:HCO) Has Announced That It Will Be Increasing Its Dividend To €0.25High Co. SA ( EPA:HCO ) will increase its dividend on the 27th of May to €0.25, which is 25% higher than last year's...
Declared Dividend • Mar 30Dividend increased to €0.25Dividend of €0.25 is 25% higher than last year. Ex-date: 23rd May 2025 Payment date: 27th May 2025 Dividend yield will be 7.9%, which is higher than the industry average of 3.5%. Sustainability & Growth The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 67% over the next 3 years. Since a fall of 61% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk.
お知らせ • Mar 29High Co. SA, Annual General Meeting, May 19, 2025High Co. SA, Annual General Meeting, May 19, 2025.
Price Target Changed • Mar 28Price target increased by 16% to €3.53Up from €3.05, the current price target is an average from 4 analysts. New target price is 12% above last closing price of €3.15. Stock is up 11% over the past year. The company is forecast to post earnings per share of €0.29 for next year compared to €0.53 last year.
お知らせ • Mar 27+ 1 more updateHigh Co. SA Proposes Exceptional DividendHigh Co. SA announced that the income from this disposal should enable the company to propose an exceptional dividend of €1 per share as a result of the sale.
Valuation Update With 7 Day Price Move • Mar 20Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €3.14, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 10x in the Media industry in France. Total loss to shareholders of 34% over the past three years.
お知らせ • Mar 20A group of investors including Albarest Partners SAS and Guillaume Guttin has entered into an agreement to acquire 51% stake in High Connexion from High Co. SA (ENXTPA:HCO).A group of investors including Albarest Partners SAS and Guillaume Guttin has entered into an agreement to acquire 51% stake in High Connexion from High Co. SA (ENXTPA:HCO) on March 19, 2025. For the period ending December 31, 2024, High Connexion reported total revenue of €146.38 million.
お知らせ • Feb 06High Co. SA to Report Fiscal Year 2024 Final Results on Mar 26, 2025High Co. SA announced that they will report fiscal year 2024 final results at 5:40 PM, Central European Standard Time on Mar 26, 2025
お知らせ • Jan 23+ 4 more updatesHigh Co. SA to Report Q4, 2025 Results on Jan 28, 2026High Co. SA announced that they will report Q4, 2025 results After-Market on Jan 28, 2026
分析記事 • Sep 20We Think High's (EPA:HCO) Healthy Earnings Might Be ConservativeHigh Co. SA's ( EPA:HCO ) solid earnings announcement recently didn't do much to the stock price. We did some analysis...
Reported Earnings • Sep 15First half 2024 earnings releasedFirst half 2024 results: Revenue: €77.0m (flat on 1H 2023). Net income: €6.63m (up 4.5% from 1H 2023). Profit margin: 8.6% (up from 8.3% in 1H 2023). Revenue is expected to decline by 6.5% p.a. on average during the next 3 years, while revenues in the Media industry in France are expected to grow by 3.7%.
Buy Or Sell Opportunity • May 25Now 22% undervaluedOver the last 90 days, the stock has risen 13% to €3.11. The fair value is estimated to be €3.98, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.1% over the last 3 years. Earnings per share has declined by 11%. For the next 3 years, revenue is forecast to decline by 6.8% per annum. Earnings are also forecast to decline by 33% per annum over the same time period.
分析記事 • May 24High's (EPA:HCO) Dividend Is Being Reduced To €0.20High Co. SA ( EPA:HCO ) is reducing its dividend from last year's comparable payment to €0.20 on the 28th of May. This...
Upcoming Dividend • May 17Upcoming dividend of €0.20 per shareEligible shareholders must have bought the stock before 24 May 2024. Payment date: 28 May 2024. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 6.2%. Within top quartile of French dividend payers (5.1%). Higher than average of industry peers (3.4%).
分析記事 • May 10High (EPA:HCO) Is Reducing Its Dividend To €0.20High Co. SA ( EPA:HCO ) has announced that on 28th of May, it will be paying a dividend of€0.20, which a reduction from...
分析記事 • Apr 26High's (EPA:HCO) Dividend Is Being Reduced To €0.20High Co. SA's ( EPA:HCO ) dividend is being reduced from last year's payment covering the same period to €0.20 on the...
Reported Earnings • Apr 18Full year 2023 earnings released: EPS: €0.54 (vs €0.088 in FY 2022)Full year 2023 results: EPS: €0.54 (up from €0.088 in FY 2022). Revenue: €145.4m (flat on FY 2022). Net income: €10.7m (up 495% from FY 2022). Profit margin: 7.3% (up from 1.2% in FY 2022). Revenue is expected to decline by 6.8% p.a. on average during the next 3 years, while revenues in the Media industry in France are expected to grow by 5.6%. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 20% per year, which means it is performing significantly worse than earnings.
Declared Dividend • Apr 05Dividend reduced to €0.20Dividend of €0.20 is 50% lower than last year. Ex-date: 24th May 2024 Payment date: 28th May 2024 Dividend yield will be 6.9%, which is higher than the industry average of 3.5%. Sustainability & Growth The dividend has increased by an average of 18% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 301% to bring the payout ratio under control. EPS is expected to grow by 3.1% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.
New Risk • Apr 04New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.7% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.7% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.5% net profit margin). Market cap is less than US$100m (€58.0m market cap, or US$63.0m).
Price Target Changed • Apr 02Price target decreased by 10% to €3.46Down from €3.86, the current price target is an average from 4 analysts. New target price is 22% above last closing price of €2.83. Stock is down 45% over the past year. The company is forecast to post earnings per share of €0.49 for next year compared to €0.088 last year.
お知らせ • Mar 28High Co. SA, Annual General Meeting, May 21, 2024High Co. SA, Annual General Meeting, May 21, 2024, at 11:00 Central European Standard Time. Location: head office in Aix-en-Provence Aix-en-Provence France Agenda: To propose a dividend of €0.20 per share with respect to FY 2023,.
New Risk • Mar 28New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 5.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 361% Cash payout ratio: 265% Earnings are forecast to decline by an average of 5.3% per year for the foreseeable future. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.5% net profit margin). Market cap is less than US$100m (€56.0m market cap, or US$60.4m).
お知らせ • Mar 28High Co. SA Proposes Dividend for the Fiscal Year 2023, Payable on 28 May 2024High Co. SA proposed dividend of dividend payout of €0.20 per share with respect to fiscal year 2023 (€0.40 per share paid in 2023 in respect of Fiscal Year 2022) at the AGM in May 21, 2024 with the payment date scheduled for 28 May 2024 (ex-dividend date of 24 May 2024).
お知らせ • Mar 06High Co. SA to Report Q2, 2024 Results on Jul 18, 2024High Co. SA announced that they will report Q2, 2024 results After-Market on Jul 18, 2024
分析記事 • Feb 13High Co. SA's (EPA:HCO) 28% Share Price Plunge Could Signal Some RiskTo the annoyance of some shareholders, High Co. SA ( EPA:HCO ) shares are down a considerable 28% in the last month...
Valuation Update With 7 Day Price Move • Jan 26Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €3.16, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 9x in the Media industry in France. Total loss to shareholders of 25% over the past three years.
分析記事 • Jan 26High (EPA:HCO) Hasn't Managed To Accelerate Its ReturnsIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
お知らせ • Jan 25+ 3 more updatesHigh Co. SA to Report Q3, 2024 Results on Oct 16, 2024High Co. SA announced that they will report Q3, 2024 results After-Market on Oct 16, 2024
Price Target Changed • Jan 25Price target decreased by 15% to €4.66Down from €5.46, the current price target is an average from 4 analysts. New target price is 23% above last closing price of €3.78. Stock is down 26% over the past year. The company is forecast to post earnings per share of €0.49 for next year compared to €0.088 last year.
Price Target Changed • Oct 19Price target decreased by 7.1% to €5.39Down from €5.80, the current price target is an average from 4 analysts. New target price is 24% above last closing price of €4.35. Stock is down 8.0% over the past year. The company is forecast to post earnings per share of €0.48 for next year compared to €0.088 last year.
分析記事 • May 23High's (EPA:HCO) Shareholders Will Receive A Bigger Dividend Than Last YearThe board of High Co. SA ( EPA:HCO ) has announced that it will be paying its dividend of €0.40 on the 26th of May, an...
Upcoming Dividend • May 17Upcoming dividend of €0.40 per share at 8.0% yieldEligible shareholders must have bought the stock before 24 May 2023. Payment date: 26 May 2023. The company is paying out more than 100% of its profits and is paying out 87% of its cash flow. Trailing yield: 8.0%. Within top quartile of French dividend payers (5.4%). Higher than average of industry peers (4.6%).
分析記事 • May 09High (EPA:HCO) Is Increasing Its Dividend To €0.40High Co. SA's ( EPA:HCO ) dividend will be increasing from last year's payment of the same period to €0.40 on 26th of...
分析記事 • Apr 01High (EPA:HCO) Is Increasing Its Dividend To €0.40The board of High Co. SA ( EPA:HCO ) has announced that the dividend on 26th of May will be increased to €0.40, which...
お知らせ • Jan 07+ 5 more updatesHigh Co. SA to Report Fiscal Year 2023 Results on Jan 24, 2024High Co. SA announced that they will report fiscal year 2023 results at 5:40 PM, Central European Standard Time on Jan 24, 2024
Price Target Changed • Dec 01Price target decreased to €6.83Down from €7.38, the current price target is an average from 4 analysts. New target price is 46% above last closing price of €4.67. Stock is down 6.6% over the past year. The company is forecast to post earnings per share of €0.45 for next year compared to €0.54 last year.
Reported Earnings • Aug 28First half 2022 earnings released: EPS: €0.29 (vs €0.28 in 1H 2021)First half 2022 results: EPS: €0.29 (up from €0.28 in 1H 2021). Revenue: €72.7m (up 5.0% from 1H 2021). Net income: €5.91m (flat on 1H 2021). Profit margin: 8.1% (down from 8.5% in 1H 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 1.3%, compared to a 1.5% growth forecast for the Media industry in France. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Upcoming Dividend • May 12Upcoming dividend of €0.32 per shareEligible shareholders must have bought the stock before 19 May 2022. Payment date: 23 May 2022. Payout ratio is a comfortable 59% and the cash payout ratio is 88%. Trailing yield: 5.8%. Within top quartile of French dividend payers (5.0%). Higher than average of industry peers (3.9%).
分析記事 • May 12High (EPA:HCO) Will Pay A Larger Dividend Than Last Year At €0.32High Co. SA ( EPA:HCO ) has announced that it will be increasing its dividend on the 23rd of May to €0.32. This will...
分析記事 • Apr 28High's (EPA:HCO) Shareholders Will Receive A Bigger Dividend Than Last YearHigh Co. SA's ( EPA:HCO ) dividend will be increasing to €0.32 on 23rd of May. This will take the dividend yield from...
Reported Earnings • Apr 27Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: €0.54 (up from €0.30 in FY 2020). Revenue: €137.4m (flat on FY 2020). Net income: €11.2m (up 76% from FY 2020). Profit margin: 8.1% (up from 4.6% in FY 2020). Revenue exceeded analyst estimates by 79%. Earnings per share (EPS) also surpassed analyst estimates by 30%. Over the next year, revenue is forecast to grow 2.6%, compared to a 5.6% growth forecast for the industry in France. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has increased by 1% per year.
分析記事 • Apr 14High's (EPA:HCO) Dividend Will Be Increased To €0.32The board of High Co. SA ( EPA:HCO ) has announced that it will be increasing its dividend on the 23rd of May to €0.32...
分析記事 • Mar 25Broker Revenue Forecasts For High Co. SA (EPA:HCO) Are Surging HigherCelebrations may be in order for High Co. SA ( EPA:HCO ) shareholders, with the analysts delivering a significant...
Valuation Update With 7 Day Price Move • Mar 22Investor sentiment improved over the past weekAfter last week's 15% share price gain to €5.72, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 10x in the Media industry in France. Total returns to shareholders of 19% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €10.09 per share.
Price Target Changed • Aug 27Price target increased to €7.10Up from €6.47, the current price target is an average from 3 analysts. New target price is 18% above last closing price of €6.02. Stock is up 36% over the past year.
Price Target Changed • Aug 26Price target increased to €6.77Up from €6.27, the current price target is an average from 3 analysts. New target price is 11% above last closing price of €6.08. Stock is up 36% over the past year.
分析記事 • May 31High (EPA:HCO) Has More To Do To Multiply In Value Going ForwardDid you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...
Upcoming Dividend • May 13Upcoming dividend of €0.27 per shareEligible shareholders must have bought the stock before 20 May 2021. Payment date: 24 May 2021. Trailing yield: 4.9%. Within top quartile of French dividend payers (3.9%). In line with average of industry peers (4.5%).
分析記事 • Apr 08Would High Co. SA (EPA:HCO) Be Valuable To Income Investors?Today we'll take a closer look at High Co. SA ( EPA:HCO ) from a dividend investor's perspective. Owning a strong...
分析記事 • Mar 27Here's Why High (EPA:HCO) Can Manage Its Debt ResponsiblyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
