High Co. SA provides marketing solutions to various retailers and brands worldwide.
Price History & Performance
|Historical stock prices|
|Current Share Price||€5.54|
|52 Week High||€4.20|
|52 Week Low||€6.18|
|1 Month Change||-5.78%|
|3 Month Change||-1.07%|
|1 Year Change||18.12%|
|3 Year Change||19.91%|
|5 Year Change||-11.50%|
|Change since IPO||-2.62%|
Recent News & Updates
High (EPA:HCO) Has More To Do To Multiply In Value Going Forward
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...
Would 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...
Here's Why High (EPA:HCO) Can Manage Its Debt Responsibly
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
|HCO||FR Media||FR Market|
Return vs Industry: HCO exceeded the French Media industry which returned -6.1% over the past year.
Return vs Market: HCO underperformed the French Market which returned 37% over the past year.
Stable Share Price: HCO is less volatile than 75% of French stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: HCO's weekly volatility (2%) has been stable over the past year.
About the Company
High Co. SA provides marketing solutions to various retailers and brands worldwide. The company offers brand platform, communication strategy, social media engagement, and media strategy services; and service design services, SMS and push notifications, mobile apps and websites, and loyalty programs. It also provides data collection and analysis, targeting and personalization drivers, predictive algorithms, and GDPR compliant technologies; and promotion mechanics, multi-channel distribution, logistics and merchandising, and operational management and coupon clearing services.
High Fundamentals Summary
|HCO fundamental statistics|
Is HCO overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|HCO income statement (TTM)|
|Cost of Revenue||€113.47m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Jan 19, 2022
|Earnings per share (EPS)||0.36|
|Net Profit Margin||5.36%|
How did HCO perform over the long term?See historical performance and comparison
4.9%Current Dividend Yield
Is High undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: HCO (€5.54) is trading below our estimate of fair value (€29.43)
Significantly Below Fair Value: HCO is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HCO is poor value based on its PE Ratio (15.4x) compared to the French Media industry average (13.8x).
PE vs Market: HCO is good value based on its PE Ratio (15.4x) compared to the French market (19.5x).
Price to Earnings Growth Ratio
PEG Ratio: HCO is poor value based on its PEG Ratio (1.5x)
Price to Book Ratio
PB vs Industry: HCO is good value based on its PB Ratio (1.2x) compared to the FR Media industry average (1.8x).
How is High forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HCO's forecast earnings growth (10.6% per year) is above the savings rate (0.3%).
Earnings vs Market: HCO's earnings (10.6% per year) are forecast to grow slower than the French market (12.2% per year).
High Growth Earnings: HCO's earnings are forecast to grow, but not significantly.
Revenue vs Market: HCO's revenue is expected to decline over the next 3 years (-16.3% per year).
High Growth Revenue: HCO's revenue is forecast to decline over the next 3 years (-16.3% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HCO's Return on Equity is forecast to be low in 3 years time (10.1%).
How has High performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HCO has a high level of non-cash earnings.
Growing Profit Margin: HCO's current net profit margins (5.4%) are higher than last year (5.1%).
Past Earnings Growth Analysis
Earnings Trend: HCO's earnings have declined by 0.7% per year over the past 5 years.
Accelerating Growth: HCO's earnings growth over the past year (5.7%) exceeds its 5-year average (-0.7% per year).
Earnings vs Industry: HCO earnings growth over the past year (5.7%) underperformed the Media industry 16.8%.
Return on Equity
High ROE: HCO's Return on Equity (9.4%) is considered low.
How is High's financial position?
Financial Position Analysis
Short Term Liabilities: HCO's short term assets (€109.0M) exceed its short term liabilities (€104.9M).
Long Term Liabilities: HCO's short term assets (€109.0M) exceed its long term liabilities (€17.0M).
Debt to Equity History and Analysis
Debt Level: HCO's debt to equity ratio (2.4%) is considered satisfactory.
Reducing Debt: HCO's debt to equity ratio has reduced from 16.9% to 2.4% over the past 5 years.
Debt Coverage: HCO's debt is well covered by operating cash flow (169.3%).
Interest Coverage: HCO's interest payments on its debt are well covered by EBIT (27.8x coverage).
What is High current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HCO's dividend (4.87%) is higher than the bottom 25% of dividend payers in the French market (1.32%).
High Dividend: HCO's dividend (4.87%) is in the top 25% of dividend payers in the French market (3.92%)
Stability and Growth of Payments
Stable Dividend: HCO's dividend payments have been volatile in the past 10 years.
Growing Dividend: HCO's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (75.8%), HCO's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: HCO's dividends in 3 years are forecast to be covered by earnings (62.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Didier Chabassieu (52 yo)
Mr. Didier Chabassieu has been Chairman of the Management Board of High Co. SA since March 21, 2019. Mr. Chabassieu served as Managing Director at High Co. SA since September 13, 2017 until March 21, 2019....
CEO Compensation Analysis
Compensation vs Market: Didier's total compensation ($USD388.41K) is above average for companies of similar size in the French market ($USD298.29K).
Compensation vs Earnings: Didier's compensation has been consistent with company performance over the past year.
Experienced Management: HCO's management team is considered experienced (4.3 years average tenure).
Experienced Board: HCO's board of directors are considered experienced (8.8 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.
High Co. SA's employee growth, exchange listings and data sources
- Name: High Co. SA
- Ticker: HCO
- Exchange: ENXTPA
- Founded: 1990
- Industry: Advertising
- Sector: Media
- Market Cap: €114.245m
- Shares outstanding: 20.62m
- Website: https://www.highco.com
Number of Employees
- High Co. SA
- 365 Avenue ArchimEde
- CEDEX 3
- Provence-Alpes-Côte d'Azur
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 21:16|
|End of Day Share Price||2021/10/26 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.