Highlight Communications AG operates as a strategic and financial holding company worldwide.
+ 1 more risk
Very undervalued established dividend payer.
Share Price & News
How has Highlight Communications's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HLG has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: HLG underperformed the German Entertainment industry which returned 25.9% over the past year.
Return vs Market: HLG underperformed the German Market which returned 8.3% over the past year.
Price Volatility Vs. Market
How volatile is Highlight Communications's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Highlight Communications undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: HLG (€4.3) is trading below our estimate of fair value (€5.88)
Significantly Below Fair Value: HLG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HLG is good value based on its PE Ratio (18x) compared to the Entertainment industry average (40.3x).
PE vs Market: HLG is good value based on its PE Ratio (18x) compared to the German market (20.7x).
Price to Earnings Growth Ratio
PEG Ratio: HLG is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: HLG is good value based on its PB Ratio (1.3x) compared to the DE Entertainment industry average (1.3x).
How is Highlight Communications forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Media industry annual growth in earnings
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HLG's forecast earnings growth (21.5% per year) is above the savings rate (-0.4%).
Earnings vs Market: HLG's earnings (21.5% per year) are forecast to grow faster than the German market (13% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: HLG's revenue is expected to decline over the next 3 years (-4.3% per year).
High Growth Revenue: HLG's revenue is forecast to decline over the next 3 years (-4.3% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HLG's Return on Equity is forecast to be low in 3 years time (12.2%).
How has Highlight Communications performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HLG has a high level of non-cash earnings.
Growing Profit Margin: HLG's current net profit margins (2.1%) are lower than last year (3.9%).
Past Earnings Growth Analysis
Earnings Trend: HLG's earnings have grown by 5% per year over the past 5 years.
Accelerating Growth: HLG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: HLG had negative earnings growth (-34.1%) over the past year, making it difficult to compare to the Entertainment industry average (14.9%).
Return on Equity
High ROE: HLG's Return on Equity (5.8%) is considered low.
Return on Assets
Return on Capital Employed
How is Highlight Communications's financial position?
Financial Position Analysis
Short Term Liabilities: HLG's short term assets (CHF210.0M) do not cover its short term liabilities (CHF363.3M).
Long Term Liabilities: HLG's short term assets (CHF210.0M) exceed its long term liabilities (CHF69.3M).
Debt to Equity History and Analysis
Debt Level: HLG's debt to equity ratio (81.7%) is considered high.
Reducing Debt: HLG's debt to equity ratio has reduced from 106.1% to 81.7% over the past 5 years.
Debt Coverage: HLG's debt is well covered by operating cash flow (59.9%).
Interest Coverage: HLG's interest payments on its debt are well covered by EBIT (3.8x coverage).
Inventory Level: HLG has a low level of unsold assets or inventory.
Debt Coverage by Assets: HLG's debt is covered by short term assets (assets are 1.2x debt).
What is Highlight Communications's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: HLG's dividend (4.32%) is higher than the bottom 25% of dividend payers in the German market (1.38%).
High Dividend: HLG's dividend (4.32%) is in the top 25% of dividend payers in the German market (3.73%)
Stability and Growth of Payments
Stable Dividend: HLG's dividend payments have been volatile in the past 10 years.
Growing Dividend: HLG's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (78%), HLG's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: HLG's dividends in 3 years are forecast to be covered by earnings (50.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Bernhard Burgener (62yo)
Mr. Bernhard Burgener serves as the President of Highlight Communications Ag. Mr. Burgener has been the Chief Executive Officer of Highlight Event and Entertainment AG June 13, 2016. He serves as Managing ...
CEO Compensation Analysis
Compensation vs Market: Bernhard's total compensation ($USD1.73M) is above average for companies of similar size in the German market ($USD626.29K).
Compensation vs Earnings: Bernhard's compensation has been consistent with company performance over the past year.
|CFO, Head of IT||4.7yrs||CHF815.60k||no data|
|MD, Head of Mergers & Acquisitions and Secretary||0yrs||no data||0.088% CHF218.0k|
|MD of Rainbow Home Entertainment Member of Cinema & Home Entertainment-Constantin Film Segment||16.1yrs||no data||no data|
|Chief Financial Officer of Film Division||16.1yrs||no data||no data|
|COO - Sports & Event Mktg Segment and MD of Sports & Event Mktg Segment||8.1yrs||no data||no data|
|CFO of Sports & Event Marketing Segment||9.1yrs||no data||no data|
|Managing Director of Legal & Business Affairs - Sports & Event Marketing Segment||7.1yrs||no data||no data|
|Managing Director of Sponsorship- Sports & Event Marketing Segment||5.1yrs||no data||no data|
|Chief Financial Officer of Sports Segment - Constantin Medien||0yrs||no data||no data|
Experienced Management: HLG's management team is seasoned and experienced (10.3 years average tenure).
|CFO, Head of IT||4.7yrs||CHF815.60k||no data|
|Non-Executive Director||16.1yrs||CHF51.70k||0.35% CHF872.0k|
|Non-Executive Director||16.1yrs||CHF51.70k||1.11% CHF2.7m|
|Board Member of TV||3.1yrs||no data||no data|
Experienced Board: HLG's board of directors are seasoned and experienced ( 16.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Highlight Communications AG's company bio, employee growth, exchange listings and data sources
- Name: Highlight Communications AG
- Ticker: HLG
- Exchange: DB
- Founded: 1983
- Industry: Movies and Entertainment
- Sector: Media
- Market Cap: €247.397m
- Shares outstanding: 56.74m
- Website: https://www.highlight-communications.ch
Number of Employees
- Highlight Communications AG
- Netzibodenstrasse 23b
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|HLG||DB (Deutsche Boerse AG)||Yes||Bearer Shares||DE||EUR||Aug 2003|
|HLG||XTRA (XETRA Trading Platform)||Yes||Bearer Shares||DE||EUR||Aug 2003|
|0GVE||LSE (London Stock Exchange)||Yes||Bearer Shares||GB||EUR||Aug 2003|
|HLGD||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Bearer Shares||GB||EUR||Aug 2003|
Highlight Communications AG operates as a strategic and financial holding company worldwide. The company operates through Film, and Sports-and Event-Marketing segments. The Film segment is involved in the production and distribution of movies, television, and video productions; and the production and exploitation of fictional and non-fictional products for TV broadcasters. It also engages in distribution of theatrical, DVD/Blu-ray, and TV movies; exploitation of its video rights for in-house and licensed films; and provision of entertainment and media services. The Sports-and Event-Marketing segment markets various international sports events, including the UEFA Champions League, the UEFA Europa League, and the UEFA Super Cup. The company was founded in 1983 and is headquartered in Pratteln, Switzerland.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/25 21:04|
|End of Day Share Price||2020/02/25 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.