AIM:HOTC

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Executive Summary

Hotel Chocolat Group plc manufactures, sells, and retails chocolates under the Hotel Chocolat brand name in the United Kingdom, rest of Europe, and internationally. More Details


Snowflake Analysis

Flawless balance sheet with moderate growth potential.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: HOTC is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: HOTC's weekly volatility (8%) has been stable over the past year.


Market Performance


7 Day Return

-8.0%

HOTC

0.4%

GB Food

-1.7%

GB Market


1 Year Return

-24.0%

HOTC

-13.5%

GB Food

-8.6%

GB Market

Return vs Industry: HOTC underperformed the UK Food industry which returned -13% over the past year.

Return vs Market: HOTC underperformed the UK Market which returned -7.7% over the past year.


Shareholder returns

HOTCIndustryMarket
7 Day-8.0%0.4%-1.7%
30 Day-15.3%-0.2%3.4%
90 Day8.6%20.0%14.5%
1 Year-24.0%-24.0%-12.6%-13.5%-4.9%-8.6%
3 Year10.4%9.3%-10.3%-15.2%3.7%-9.0%
5 Yearn/a-7.1%-16.2%47.1%13.7%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Hotel Chocolat Group undervalued compared to its fair value and its price relative to the market?

7.06x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: HOTC (£3.77) is trading above our estimate of fair value (£3.56)

Significantly Below Fair Value: HOTC is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: HOTC is unprofitable, so we can't compare its PE Ratio to the GB Food industry average.

PE vs Market: HOTC is unprofitable, so we can't compare its PE Ratio to the UK market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate HOTC's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: HOTC is overvalued based on its PB Ratio (7.1x) compared to the GB Food industry average (1.4x).


Next Steps

Future Growth

How is Hotel Chocolat Group forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

53.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HOTC is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1%).

Earnings vs Market: HOTC is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: HOTC's is expected to become profitable in the next 3 years.

Revenue vs Market: HOTC's revenue (6% per year) is forecast to grow slower than the UK market (6.5% per year).

High Growth Revenue: HOTC's revenue (6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if HOTC's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Hotel Chocolat Group performed over the past 5 years?

8.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HOTC is currently unprofitable.

Growing Profit Margin: HOTC is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: HOTC is unprofitable, but has reduced losses over the past 5 years at a rate of 8.9% per year.

Accelerating Growth: Unable to compare HOTC's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: HOTC is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (0.01%).


Return on Equity

High ROE: HOTC has a negative Return on Equity (-9.66%), as it is currently unprofitable.


Next Steps

Financial Health

How is Hotel Chocolat Group's financial position?


Financial Position Analysis

Short Term Liabilities: HOTC's short term assets (£51.5M) exceed its short term liabilities (£38.3M).

Long Term Liabilities: HOTC's short term assets (£51.5M) exceed its long term liabilities (£37.3M).


Debt to Equity History and Analysis

Debt Level: HOTC is debt free.

Reducing Debt: HOTC has no debt compared to 5 years ago when its debt to equity ratio was 460.6%.

Debt Coverage: HOTC has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: HOTC has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Hotel Chocolat Group current dividend yield, its reliability and sustainability?

0.37%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate HOTC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate HOTC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if HOTC's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if HOTC's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: HOTC is not paying a notable dividend for the UK market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of HOTC's dividend in 3 years as they are not forecast to pay a notable one for the UK market.


Next Steps

Management

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

5.0yrs

Average management tenure


CEO

Angus Thirlwell (57 yo)

no data

Tenure

UK£33,595

Compensation

Mr. Angus Thirlwell Co-founded Hotel Chocolat Group Limited in 1993 and serves as its Chief Executive Officer and has a particular focus on brand strategy, product and channel models, marketing and creativ...


CEO Compensation Analysis

Compensation vs Market: Angus's total compensation ($USD45.67K) is below average for companies of similar size in the UK market ($USD1.02M).

Compensation vs Earnings: Angus's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Angus Thirlwell
Co-Founderno dataUK£33.60k29.67%
£ 141.2m
Peter Harris
Co-Founder7.5yrsUK£226.00k29.67%
£ 141.2m
Matthew Pritchard
CFO & Executive Director6.17yrsUK£223.00k0.087%
£ 416.4k
Lysa Hardy
Chief Marketing Officerno datano datano data
Brendan Drake
CEO of Hotel Chocolat USAno datano datano data
Jo Brett
CEO Hotel Chocolat St Lucia0.83yrno datano data
Bernadette Barber
Company Secretaryno datano datano data
Chris Horobin
CEO – Hotel Chocolat KK3yrsno datano data

5.0yrs

Average Tenure

53.5yo

Average Age

Experienced Management: HOTC's management team is seasoned and experienced (5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Angus Thirlwell
Co-Founderno dataUK£33.60k29.67%
£ 141.2m
Peter Harris
Co-Founder7.5yrsUK£226.00k29.67%
£ 141.2m
Matthew Pritchard
CFO & Executive Director6.17yrsUK£223.00k0.087%
£ 416.4k
Sophie Tomkins
Independent Non Executive Director5yrsUK£40.00k0.0068%
£ 32.3k
Brian Hodder
Independent Non-Executive Director3.67yrsUK£76.40kno data
Andrew Gerrie
Non Executive Chairman5.58yrsUK£50.00k0.39%
£ 1.9m

5.9yrs

Average Tenure

57yo

Average Age

Experienced Board: HOTC's board of directors are considered experienced (5.9 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: HOTC insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.7%.


Top Shareholders

Company Information

Hotel Chocolat Group plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Hotel Chocolat Group plc
  • Ticker: HOTC
  • Exchange: AIM
  • Founded: 1993
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: UK£475.922m
  • Shares outstanding: 125.57m
  • Website: https://www.hotelchocolat.com

Number of Employees


Location

  • Hotel Chocolat Group plc
  • Mint House
  • Newark Close
  • Royston
  • Hertfordshire
  • SG8 5HL
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HOTCAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPMay 2016
H0CDB (Deutsche Boerse AG)YesOrdinary SharesDEEURMay 2016
HCHO.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDMay 2016

Biography

Hotel Chocolat Group plc manufactures, sells, and retails chocolates under the Hotel Chocolat brand name in the United Kingdom, rest of Europe, and internationally. It offers a range of chocolates, includi...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/15 18:31
End of Day Share Price2021/01/15 00:00
Earnings2020/06/28
Annual Earnings2020/06/28


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.