How does HOCNZ's PS Ratio compare to its peers?

HOCNZ is good value based on its Price-To-Sales Ratio (0x) compared to the peer average (1.3x).

How does HOCNZ's PS Ratio compare vs other companies in the GB Food Industry?

HOCNZ is good value based on its Price-To-Sales Ratio (0x) compared to the UK Food industry average (0.7x).

What is HOCNZ's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate HOCNZ's Price-To-Sales Fair Ratio for valuation analysis.

What is the Fair Price of HOCNZ when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

HOCNZ (CHF0.42) is trading below our estimate of [[fair value]] (CHF750.3)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

HOCNZ Stock Overview

Through its subsidiaries, provides semi-finished and finished food products for industrial customers and consumers worldwide. More details

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

Rewards

Trading at 99.9% below our estimate of its fair value

Risk Analysis

Highly volatile share price over the past 3 months compared to the UK market

Does not have a meaningful market cap (CHF1M)

My Notes

Capture your thoughts, links and company narrative

Hocn AG Competitors

Real Good Food

AIM:RGD

UK£1.4m

Ukrproduct Group

AIM:UKR

UK£1.1m

Dekel Agri-Vision

AIM:DKL

UK£8.0m

Ocean Harvest Technology Group

AIM:OHT

UK£10.1m

Price History & Performance

Summary of share price highs, lows and changes for Hocn
Historical stock prices
Current Share Price	CHF 0.42
52 Week High	CHF 18.60
52 Week Low	CHF 0.41
Beta	0.62
1 Month Change	-5.79%
3 Month Change	-30.66%
1 Year Change	-97.27%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-99.48%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

	HOCNZ	GB Food	GB Market
7D	3.2%	-1.2%	0.6%
1Y	-97.3%	-1.1%	4.6%

Return vs Industry: HOCNZ underperformed the UK Food industry which returned -0.5% over the past year.

Return vs Market: HOCNZ underperformed the UK Market which returned 4.6% over the past year.

Price Volatility

Is HOCNZ's price volatile compared to industry and market?
HOCNZ volatility
HOCNZ Average Weekly Movement	13.9%
Food Industry Average Movement	4.0%
Market Average Movement	4.7%
10% most volatile stocks in GB Market	10.6%
10% least volatile stocks in GB Market	2.5%

Stable Share Price: HOCNZ's share price has been volatile over the past 3 months compared to the UK market.

Volatility Over Time: Insufficient data to determine HOCNZ's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1895	361	Ralph Siegl	www.hochdorf.com

Hocn AG, through its subsidiaries, provides semi-finished and finished food products for industrial customers and consumers worldwide. It primarily focuses on refining milk derivatives into specialized powders, semi-finished products, and by-products. The company also provides milk products mothers during pregnancy and the breast feeding period; infant and follow-on formula, milk for toddlers and junior milk; specialty formula for infants, toddlers, young children, and adults with individual requirements; and specialized nutrition products for adults.

Hocn AG Fundamentals Summary

How do Hocn's earnings and revenue compare to its market cap?
HOCNZ fundamental statistics
Market cap	CHF 1.05m
Earnings (TTM)	-CHF 150.78m
Revenue (TTM)	CHF 299.41m

0.0x

P/S Ratio

0.0x

P/E Ratio

Is HOCNZ overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HOCNZ income statement (TTM)
Revenue	CHF 299.41m
Cost of Revenue	CHF 220.35m
Gross Profit	CHF 79.06m
Other Expenses	CHF 229.84m
Earnings	-CHF 150.78m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-70.15
Gross Margin	26.41%
Net Profit Margin	-50.36%
Debt/Equity Ratio	0%

How did HOCNZ perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/07 05:38
End of Day Share Price	2025/01/07 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Hocn AG is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Mischa Rölli	Credit Suisse
Frank Laser	Montega AG
Urs Kunz	Research Partners AG