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HYVE

Hyve GroupLSE:HYVE Stock Report

Market Cap

UK£258.3m

7D

-14.6%

1Y

-9.4%

Updated

30 Nov, 2021

Data

Company Financials +
HYVE fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance0/6
Financial Health3/6
Dividends0/6

HYVE Stock Overview

Hyve Group Plc engages in the organization of trade exhibitions, conferences, and related activities.

Hyve Group Competitors

Informa

LSE:INF

UK£7.0b

Lagardere

ENXTPA:MMB

€3.2b

TechTarget

NasdaqGM:TTGT

US$2.8b

GL Events

ENXTPA:GLO

€500.6m

Price History & Performance

Summary of all time highs, changes and price drops for Hyve Group
Historical stock prices
Current Share PriceUK£0.89
52 Week HighUK£1.58
52 Week LowUK£0.83
Beta2.72
1 Month Change-18.16%
3 Month Change-24.94%
1 Year Change-9.39%
3 Year Change-84.87%
5 Year Change-94.42%
Change since IPO-76.63%

Recent News & Updates

Jun 07
Is Hyve Group (LON:HYVE) A Risky Investment?

Is Hyve Group (LON:HYVE) A Risky Investment?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

May 03
An Intrinsic Calculation For Hyve Group Plc (LON:HYVE) Suggests It's 26% Undervalued

An Intrinsic Calculation For Hyve Group Plc (LON:HYVE) Suggests It's 26% Undervalued

In this article we are going to estimate the intrinsic value of Hyve Group Plc ( LON:HYVE ) by taking the expected...

Shareholder Returns

HYVEGB MediaGB Market
7D-14.6%-4.3%-2.6%
1Y-9.4%20.2%10.9%

Return vs Industry: HYVE underperformed the UK Media industry which returned 25.5% over the past year.

Return vs Market: HYVE underperformed the UK Market which returned 13.8% over the past year.

Price Volatility

Is HYVE's price volatile compared to industry and market?
HYVE volatility
HYVE Average Weekly Movement7.2%
Media Industry Average Movement5.2%
Market Average Movement4.9%
10% most volatile stocks in GB Market9.8%
10% least volatile stocks in GB Market2.5%

Stable Share Price: HYVE is more volatile than 75% of UK stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: HYVE's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of UK stocks.

About the Company

FoundedEmployeesCEOWebsite
1985948Mark Shashouahttps://www.hyve.group

Hyve Group Plc engages in the organization of trade exhibitions, conferences, and related activities. The company serves technology, beauty and healthcare, building and interior, education technology, energy, fashion, food and packaging, manufacturing industrial technology, retail, transport and logistic, travel and tourism, and other sectors. It operates in Asia, central Asia, Eastern and Southern Europe, Russia, the United Kingdom, and internationally.

Hyve Group Fundamentals Summary

How do Hyve Group's earnings and revenue compare to its market cap?
HYVE fundamental statistics
Market CapUK£258.26m
Earnings (TTM)-UK£118.72m
Revenue (TTM)UK£24.93m

10.4x

P/S Ratio

-2.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
HYVE income statement (TTM)
RevenueUK£24.93m
Cost of RevenueUK£55.27m
Gross Profit-UK£30.34m
ExpensesUK£88.38m
Earnings-UK£118.72m

Last Reported Earnings

Mar 31, 2021

Next Earnings Date

Dec 16, 2021

Earnings per share (EPS)-0.41
Gross Margin-121.70%
Net Profit Margin-476.20%
Debt/Equity Ratio83.1%

How did HYVE perform over the long term?

See historical performance and comparison

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: HYVE (£0.89) is trading below our estimate of fair value (£5.8)

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


Price To Earnings Ratio

PE vs Industry: HYVE is unprofitable, so we can't compare its PE Ratio to the UK Media industry average.

PE vs Market: HYVE 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 HYVE's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: HYVE is good value based on its PB Ratio (1.6x) compared to the GB Media industry average (1.9x).


Future Growth

How is Hyve Group forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

55.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HYVE is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: HYVE is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: HYVE is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: HYVE's revenue (47.4% per year) is forecast to grow faster than the UK market (4.9% per year).

High Growth Revenue: HYVE's revenue (47.4% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: HYVE's Return on Equity is forecast to be high in 3 years time (26.7%)


Past Performance

How has Hyve Group performed over the past 5 years?

-73.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HYVE is currently unprofitable.

Growing Profit Margin: HYVE is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: HYVE is unprofitable, and losses have increased over the past 5 years at a rate of 73.4% per year.

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

Earnings vs Industry: HYVE is unprofitable, making it difficult to compare its past year earnings growth to the Media industry (20.9%).


Return on Equity

High ROE: HYVE has a negative Return on Equity (-64.38%), as it is currently unprofitable.


Financial Health

How is Hyve Group's financial position?


Financial Position Analysis

Short Term Liabilities: HYVE's short term assets (£113.0M) exceed its short term liabilities (£112.1M).

Long Term Liabilities: HYVE's short term assets (£113.0M) do not cover its long term liabilities (£184.4M).


Debt to Equity History and Analysis

Debt Level: HYVE's net debt to equity ratio (51.7%) is considered high.

Reducing Debt: HYVE's debt to equity ratio has reduced from 83.5% to 83.1% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: HYVE has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if HYVE has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Dividend

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

1.37%

Forecast Dividend Yield


Dividend Yield vs Market

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

High Dividend: Unable to evaluate HYVE'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 HYVE's dividends per share have been stable in the past.

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


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of HYVE'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?

1.1yrs

Average management tenure


CEO

Mark Shashoua (51 yo)

5.17yrs

Tenure

UK£512,000

Compensation

Mr. Mark Shashoua has been the Chief Executive Officer and Executive Director of Hyve Group Plc (formerly known as ITE Group plc) since September 1, 2016. Mr. Shashoua served as the Chief Executive Officer...


CEO Compensation Analysis

Compensation vs Market: Mark's total compensation ($USD677.92K) is about average for companies of similar size in the UK market ($USD766.55K).

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


Leadership Team

Experienced Management: HYVE's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.


Board Members

Experienced Board: HYVE's board of directors are considered experienced (3.7 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: HYVE insiders have bought more shares than they have sold 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 9.8%.


Top Shareholders

Company Information

Hyve Group Plc's employee growth, exchange listings and data sources


Key Information

  • Name: Hyve Group Plc
  • Ticker: HYVE
  • Exchange: LSE
  • Founded: 1985
  • Industry: Advertising
  • Sector: Media
  • Market Cap: UK£258.255m
  • Shares outstanding: 290.83m
  • Website: https://www.hyve.group

Number of Employees


Location

  • Hyve Group Plc
  • 2 Kingdom Street
  • London
  • Greater London
  • W2 6JG
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/30 21:36
End of Day Share Price2021/11/30 00:00
Earnings2021/03/31
Annual Earnings2020/09/30


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.