Hove Past Earnings Performance
Past criteria checks 1/6
Hove has been growing earnings at an average annual rate of 27.5%, while the Machinery industry saw earnings growing at 35.7% annually. Revenues have been growing at an average rate of 25.1% per year. Hove's return on equity is 5%, and it has net margins of 1.9%.
Key information
27.5%
Earnings growth rate
-50.6%
EPS growth rate
| Machinery Industry Growth | 39.0% |
| Revenue growth rate | 25.1% |
| Return on equity | 5.0% |
| Net Margin | 1.9% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Hove (CPH:HOVE) Is Investing Its Capital With Increasing Efficiency
Feb 29
Hove (CPH:HOVE) Knows How To Allocate Capital Effectively
Nov 10Hove's (CPH:HOVE) Earnings Are Of Questionable Quality
Sep 07Hove (CPH:HOVE) Hasn't Managed To Accelerate Its Returns
May 26Hove (CPH:HOVE) Is Reinvesting At Lower Rates Of Return
Dec 15Revenue & Expenses BreakdownBeta
How Hove makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 187 | 4 | 30 | 0 |
| 30 Sep 23 | 184 | 9 | 30 | 0 |
| 30 Jun 23 | 181 | 14 | 29 | 0 |
| 31 Mar 23 | 166 | 11 | 28 | 0 |
| 31 Dec 22 | 152 | 7 | 26 | 0 |
| 30 Sep 22 | 132 | 4 | 25 | 0 |
| 30 Jun 22 | 113 | 1 | 23 | 0 |
| 31 Mar 22 | 108 | 3 | 21 | 0 |
| 31 Dec 21 | 103 | 4 | 20 | 0 |
| 31 Dec 20 | 103 | 6 | 17 | 0 |
| 31 Dec 19 | 101 | 2 | 16 | 0 |
Quality Earnings: HOVE has a large one-off loss of DKK7.3M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: HOVE's current net profit margins (1.9%) are lower than last year (4.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: HOVE's earnings have grown significantly by 27.5% per year over the past 5 years.
Accelerating Growth: HOVE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: HOVE had negative earnings growth (-49.8%) over the past year, making it difficult to compare to the Machinery industry average (-31.4%).
Return on Equity
High ROE: HOVE's Return on Equity (5%) is considered low.