HusCompagniet (CPSE:HUSCO) - Share price, News & Analysis

HUSCO fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	0/6
Past Performance	5/6
Financial Health	6/6
Dividends	4/6

HUSCO Stock Overview

HusCompagniet A/S develops single-family detached houses in Denmark.

Rewards

Trading at 66.3% below our estimate of its fair value

Earnings grew by 66.8% over the past year

Risk Analysis

Earnings are forecast to decline by an average of 7.8% per year for the next 3 years

Unstable dividend track record

HusCompagniet Competitors

Price History & Performance

Summary of all time highs, changes and price drops for HusCompagniet
Historical stock prices
Current Share Price	kr.79.50
52 Week High	kr.141.40
52 Week Low	kr.75.80
Beta	0
1 Month Change	-21.29%
3 Month Change	-32.05%
1 Year Change	-35.78%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-32.34%

Recent News & Updates

Apr 10

HusCompagniet (CPH:HUSCO) Will Pay A Larger Dividend Than Last Year At kr.7.35

HusCompagniet A/S ( CPH:HUSCO ) will increase its dividend on the 13th of April to kr.7.35. This will take the dividend...

Shareholder Returns

	HUSCO	DK Consumer Durables	DK Market
7D	1.9%	2.8%	1.6%
1Y	-35.8%	-27.2%	3.3%

Return vs Industry: HUSCO underperformed the Danish Consumer Durables industry which returned -28.3% over the past year.

Return vs Market: HUSCO underperformed the Danish Market which returned 2.2% over the past year.

Price Volatility

Is HUSCO's price volatile compared to industry and market?
HUSCO volatility
HUSCO Average Weekly Movement	5.4%
Consumer Durables Industry Average Movement	5.8%
Market Average Movement	6.6%
10% most volatile stocks in DK Market	10.7%
10% least volatile stocks in DK Market	3.9%

Stable Share Price: HUSCO is not significantly more volatile than the rest of Danish stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: HUSCO's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2015	500	Martin Ravn-Nielsen	https://www.huscompagniet.dk

HusCompagniet A/S develops single-family detached houses in Denmark. The company designs, sells, and delivers customizable detached houses to consumers primarily built on-site on third-party customer-owned land; and semi-detached houses to consumers and professional investors. It also produces prefabricated wood-framed detached houses under the VårgårdaHus brand in Sweden.

HusCompagniet Fundamentals Summary

How do HusCompagniet's earnings and revenue compare to its market cap?
HUSCO fundamental statistics
Market Cap	kr.1.43b
Earnings (TTM)	kr.264.55m
Revenue (TTM)	kr.4.31b

5.4x

P/E Ratio

0.3x

P/S Ratio

Is HUSCO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
HUSCO income statement (TTM)
Revenue	kr.4.31b
Cost of Revenue	kr.3.44b
Gross Profit	kr.874.90m
Other Expenses	kr.610.35m
Earnings	kr.264.55m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

Aug 18, 2022

Earnings per share (EPS)	14.70
Gross Margin	20.28%
Net Profit Margin	6.13%
Debt/Equity Ratio	35.7%

How did HUSCO perform over the long term?

See historical performance and comparison

Dividends

9.2%

Current Dividend Yield

54%

Payout Ratio

Valuation

Is HusCompagniet undervalued compared to its fair value and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: HUSCO (DKK79.5) is trading below our estimate of fair value (DKK235.67)

Significantly Below Fair Value: HUSCO is trading below fair value by more than 20%.

Price To Earnings Ratio

PE vs Industry: HUSCO is good value based on its PE Ratio (5.4x) compared to the European Consumer Durables industry average (10.6x).

PE vs Market: HUSCO is good value based on its PE Ratio (5.4x) compared to the Danish market (14x).

Price to Earnings Growth Ratio

PEG Ratio: HUSCO's earnings are forecast to decline next year, so we can't calculate its PEG ratio.

Price to Book Ratio

PB vs Industry: HUSCO is good value based on its PB Ratio (0.8x) compared to the XE Consumer Durables industry average (1.5x).

Future Growth

How is HusCompagniet forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

-7.8%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: HUSCO's earnings are forecast to decline over the next 3 years (-7.8% per year).

Earnings vs Market: HUSCO's earnings are forecast to decline over the next 3 years (-7.8% per year).

High Growth Earnings: HUSCO's earnings are forecast to decline over the next 3 years.

Revenue vs Market: HUSCO's revenue (0.9% per year) is forecast to grow slower than the Danish market (6% per year).

High Growth Revenue: HUSCO's revenue (0.9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: HUSCO's Return on Equity is forecast to be low in 3 years time (11.9%).

Past Performance

How has HusCompagniet performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

20.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: HUSCO has high quality earnings.

Growing Profit Margin: HUSCO's current net profit margins (6.1%) are higher than last year (4.4%).

Past Earnings Growth Analysis

Earnings Trend: HUSCO's earnings have grown significantly by 20.4% per year over the past 5 years.

Accelerating Growth: HUSCO's earnings growth over the past year (66.8%) exceeds its 5-year average (20.4% per year).

Earnings vs Industry: HUSCO earnings growth over the past year (66.8%) exceeded the Consumer Durables industry 33%.

Return on Equity

High ROE: HUSCO's Return on Equity (14%) is considered low.

Financial Health

How is HusCompagniet's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: HUSCO's short term assets (DKK1.4B) exceed its short term liabilities (DKK900.1M).

Long Term Liabilities: HUSCO's short term assets (DKK1.4B) exceed its long term liabilities (DKK792.7M).

Debt to Equity History and Analysis

Debt Level: HUSCO's net debt to equity ratio (32.7%) is considered satisfactory.

Reducing Debt: HUSCO's debt to equity ratio has reduced from 65.7% to 35.7% over the past 5 years.

Debt Coverage: HUSCO's debt is well covered by operating cash flow (38.5%).

Interest Coverage: HUSCO's interest payments on its debt are well covered by EBIT (19.4x coverage).

Balance Sheet

Dividend

What is HusCompagniet current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

9.25%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: HUSCO's dividend (9.25%) is higher than the bottom 25% of dividend payers in the Danish market (1.41%).

High Dividend: HUSCO's dividend (9.25%) is in the top 25% of dividend payers in the Danish market (6.06%)

Stability and Growth of Payments

Stable Dividend: Too early to tell whether HUSCO's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if HUSCO's dividend payments are increasing as they only just started paying a dividend.

Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (53.6%), HUSCO's dividend payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (55.9%), HUSCO's dividend payments are covered by cash flows.

Next Steps

Explore strong dividend paying companies in the Consumer Durables industry.

Management

How experienced are the management team and are they aligned to shareholders interests?

1.9yrs

Average board tenure

CEO

Martin Ravn-Nielsen (50 yo)

2yrs

Tenure

Mr. Martin Ravn-Nielsen serves as Member of Executive Board at HusCompagniet A/S. He had been Chief Executive Officer at HusCompagniet A/S since January 2022 and serves as its Group Chief Executive Officer...

Board Members

Experienced Board: HUSCO's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.

Ownership

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.

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Data	Last Updated (UTC time)
Company Analysis	2022/05/17 00:00
End of Day Share Price	2022/05/17 00:00
Earnings	2021/12/31
Annual Earnings	2021/12/31