XTRA:HOC

Stock Analysis Report

HolidayCheck Group

Executive Summary

HolidayCheck Group AG operates as a digital company for holidaymakers in Austria, Belgium, Germany, the Netherlands, Poland, and Switzerland.

Snowflake

Fundamentals

Excellent balance sheet with reasonable growth potential.


Similar Companies

Share Price & News

How has HolidayCheck Group's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

5.4%

XTRA:HOC

3.5%

DE Online Retail

2.6%

DE Market


1 Year Return

-33.2%

XTRA:HOC

-9.6%

DE Online Retail

-9.6%

DE Market

HOC underperformed the Online Retail industry which returned -9.6% over the past year.

HOC underperformed the Market in Germany which returned -9.6% over the past year.


Share holder returns

HOCIndustryMarket
7 Day5.4%3.5%2.6%
30 Day-12.1%7.2%-3.0%
90 Day-12.4%14.2%-1.4%
1 Year-32.3%-33.2%-9.3%-9.6%-6.8%-9.6%
3 Year-10.7%-12.0%11.0%9.3%11.0%1.5%
5 Year-27.3%-28.3%10.4%-0.3%25.6%8.2%

Price Volatility Vs. Market

How volatile is HolidayCheck Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is HolidayCheck Group undervalued based on future cash flows and its price relative to the stock market?

0.84x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

HolidayCheck Group's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

HolidayCheck Group's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

HolidayCheck Group is loss making, we can't compare its value to the Europe Online Retail industry average.

HolidayCheck Group is loss making, we can't compare the value of its earnings to the Germany market.


Price Based on Expected Growth

Unable to calculate PEG ratio for HolidayCheck Group, we can't assess if its growth is good value.


Price Based on Value of Assets

HolidayCheck Group is overvalued based on assets compared to the DE Online Retail industry average.


Next Steps

Future Growth

How is HolidayCheck Group expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

68.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

HolidayCheck Group's revenue is expected to grow by 11.9% yearly, however this is not considered high growth (20% yearly).

HolidayCheck Group's earnings are expected to grow significantly at over 20% yearly.

HolidayCheck Group's revenue growth is expected to exceed the Germany market average.

HolidayCheck Group's earnings growth is expected to exceed the Germany market average.

HolidayCheck Group's earnings growth is expected to exceed the low risk savings rate of 0.2%.


Earnings per Share Growth Estimates


Future Return on Equity

HolidayCheck Group is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has HolidayCheck Group performed over the past 5 years?

-24.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

HolidayCheck Group does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare HolidayCheck Group's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare HolidayCheck Group's 1-year growth to the Europe Online Retail industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if HolidayCheck Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if HolidayCheck Group has efficiently used its assets last year compared to the Europe Online Retail industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if HolidayCheck Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is HolidayCheck Group's financial position?


Financial Position Analysis

HolidayCheck Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

HolidayCheck Group's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

HolidayCheck Group's level of debt (0%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (43.2% vs 0% today).

Debt is well covered by operating cash flow (34761.5%, greater than 20% of total debt).

Unable to confirm if the interest payments on HolidayCheck Group's debt are well covered by earnings due to lack of past financial data.


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 1720.7x debt.


Next Steps

Dividend

What is HolidayCheck Group's current dividend yield, its reliability and sustainability?

2.62%

Expected Dividend Yield


Dividend Yield and Payments Analysis

HolidayCheck Group's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.51%).

HolidayCheck Group's dividend is below the markets top 25% of dividend payers in Germany (4.17%).

HolidayCheck Group has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).

HolidayCheck Group has only been paying a dividend for 8 years, and since then dividends per share have fallen.


Current Payout to Shareholders

The company is paying a dividend however it is incurring a loss.


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (2.9x coverage).


Next Steps

Management

What is the CEO of HolidayCheck Group's salary, the management and board of directors tenure and is there insider trading?

3.1yrs

Average management tenure


CEO

Georg Hesse (47yo)

3.6yrs

Tenure

€743,000

Compensation

Mr. Georg Hesse serves as a Member of Supervisory Board at Leifheit Aktiengesellschaft since May 30, 2018. He has been the Chief Executive Officer, Chairman and Member of Management Board at Tomorrow Focus ...


CEO Compensation Analysis

Georg's remuneration is higher than average for companies of similar size in Germany.

Georg's compensation has increased whilst company is loss making.


Management Age and Tenure

3.1yrs

Average Tenure

46.5yo

Average Age

The tenure for the HolidayCheck Group management team is about average.


Board Age and Tenure

4.2yrs

Average Tenure

53yo

Average Age

The tenure for the HolidayCheck Group board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Alexandra Thomas

    Head of Product & Publisher Mgmt and Director of Product & Piblisher Mgmt At Tomorrow Focus Media

    • Tenure: 0.0yrs
  • Philipp Goos (43yo)

    Chief Executive Officer of Webassets B.V.

    • Tenure: 4.9yrs
  • Markus Scheuermann (46yo)

    CFO & Member of Management Board

    • Tenure: 2.3yrs
    • Compensation: €601.00k
  • Daniel Steil

    Online Editor In Chief

    • Tenure: 0.0yrs
  • Georg Hesse (47yo)

    Chairperson of the Management Board & CEO

    • Tenure: 3.6yrs
    • Compensation: €743.00k
  • Armin Blohmann (47yo)

    Director of Group Communications & Investor Relations

    • Tenure: 11.9yrs
  • Nate Glissmeyer (47yo)

    Chief Product Officer/CTO & Member of Management Board

    • Tenure: 2.6yrs
    • Compensation: €683.00k
  • Urszula Jasiulewicz

    Financial Controller

    • Tenure: 0.0yrs
  • Christoph Ludmann (37yo)

    Chief Executive Officer of HolidayCheck AG

    • Tenure: 2.1yrs
  • Sarah Fischer

    Head of HR Management

    • Tenure: 0.0yrs

Board Members

  • Thomas Döring (50yo)

    Member of Supervisory Board

    • Tenure: 4.2yrs
  • Stefan Winners (52yo)

    Chairman of Supervisory Board

    • Tenure: 6.2yrs
  • Holger Eckstein (55yo)

    Member of Supervisory Board

    • Tenure: 2.6yrs
  • Dirk Altenbeck (54yo)

    Deputy Chairman of Supervisory Board

    • Tenure: 5.2yrs
  • Aliz Tepfenhart

    Member of Supervisory Board

    • Tenure: 4.2yrs
  • Alexander Fröstl

    Member of Supervisory Board

    • Tenure: 3.2yrs

Company Information

HolidayCheck Group AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: HolidayCheck Group AG
  • Ticker: HOC
  • Exchange: XTRA
  • Founded:
  • Industry: Internet and Direct Marketing Retail
  • Sector: Retail
  • Market Cap: €133.346m
  • Shares outstanding: 57.23m
  • Website: https://www.holidaycheckgroup.com

Number of Employees


Location

  • HolidayCheck Group AG
  • Neumarkter Strasse 61
  • Munich
  • Bavaria
  • 81673
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HOCDB (Deutsche Boerse AG)YesBearer SharesDEEURJul 2000
HOCXTRA (XETRA Trading Platform)YesBearer SharesDEEURJul 2000
0G8ZLSE (London Stock Exchange)YesBearer SharesGBEURJul 2000
HOCDBATS-CHIXE (BATS 'Chi-X Europe')YesBearer SharesGBEURJul 2000
TMFX.FOTCPK (Pink Sheets LLC)YesBearer SharesUSUSDJul 2000

Biography

HolidayCheck Group AG operates as a digital company for holidaymakers in Austria, Belgium, Germany, the Netherlands, Poland, and Switzerland. It operates HolidayCheck, a hotel rating and travel booking por ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/22 20:58
End of Day Share Price2019/08/22 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.