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HPS

Hightech Payment SystemsCBSE:HPS Stock Report

Market Cap

د.م4.9b

7D

0.6%

1Y

41.8%

Updated

19 Oct, 2021

Data

Company Financials +
HPS fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance2/6
Financial Health4/6
Dividends0/6

HPS Overview

Hightech Payment Systems S.A. designs, develops, markets, installs, and supports a suite of multi-channel electronic payment solutions in Europe, the United States, Africa, Asia, and the Middle East.

Hightech Payment Systems Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Hightech Payment Systems
Historical stock prices
Current Share Priceد.م6,950.00
52 Week Highد.م4,852.00
52 Week Lowد.م7,150.00
Beta0.47
1 Month Change-1.70%
3 Month Change8.59%
1 Year Change41.84%
3 Year Change202.17%
5 Year Change1,058.33%
Change since IPO246.12%

Recent News & Updates

Shareholder Returns

HPSMA ITMA Market
7D0.6%3.8%1.0%
1Y41.8%-13.7%26.4%

Return vs Industry: HPS exceeded the MA IT industry which returned -13.7% over the past year.

Return vs Market: HPS exceeded the MA Market which returned 26.6% over the past year.

Price Volatility

Is HPS's price volatile compared to industry and market?
HPS volatility
HPS Beta0.47
Industry Beta0.55
Market Beta1

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

Volatility Over Time: HPS's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1995540Abdeslam Smailihttps://www.hps-worldwide.com

Hightech Payment Systems S.A. designs, develops, markets, installs, and supports a suite of multi-channel electronic payment solutions in Europe, the United States, Africa, Asia, and the Middle East. The company is involved in the field of electronic banking covering software publishing, consulting, training, auditing, and electronic payment processing for third parties. It offers PowerCARD platform that covers the payment value chain and offers a range of solutions for risk control and management for card issuing, credit management, merchant acquiring, fraud monitoring, e/m commerce, payment analytics, mobile payment, ATM and POS management, and retail payment applications.

Hightech Payment Systems Fundamentals Summary

How do Hightech Payment Systems's earnings and revenue compare to its market cap?
HPS fundamental statistics
Market Capد.م4.89b
Earnings (TTM)د.م71.77m
Revenue (TTM)د.م763.91m

68.1x

P/E Ratio

6.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
HPS income statement (TTM)
Revenueد.م763.91m
Cost of Revenueد.م452.89m
Gross Profitد.م311.02m
Expensesد.م239.26m
Earningsد.م71.77m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)102.00
Gross Margin40.71%
Net Profit Margin9.39%
Debt/Equity Ratio40.7%

How did HPS perform over the long term?

See historical performance and comparison

Dividends

0.7%

Current Dividend Yield

49%

Payout Ratio

Valuation

Is Hightech Payment Systems undervalued compared to its fair value and its price relative to the market?

68.14x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: HPS (MAD6950) is trading above our estimate of fair value (MAD3473.87)

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


Price To Earnings Ratio

PE vs Industry: HPS is poor value based on its PE Ratio (68.1x) compared to the African IT industry average (17.7x).

PE vs Market: HPS is poor value based on its PE Ratio (68.1x) compared to the MA market (26.8x).


Price to Earnings Growth Ratio

PEG Ratio: HPS is poor value based on its PEG Ratio (2.6x)


Price to Book Ratio

PB vs Industry: HPS is overvalued based on its PB Ratio (9.9x) compared to the XF IT industry average (2.2x).


Future Growth

How is Hightech Payment Systems forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

25.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HPS's forecast earnings growth (25.8% per year) is above the savings rate (9.1%).

Earnings vs Market: HPS's earnings (25.8% per year) are forecast to grow faster than the MA market (13.1% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: HPS's revenue (14% per year) is forecast to grow faster than the MA market (6.7% per year).

High Growth Revenue: HPS's revenue (14% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: HPS's Return on Equity is forecast to be high in 3 years time (21.5%)


Past Performance

How has Hightech Payment Systems performed over the past 5 years?

9.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HPS has high quality earnings.

Growing Profit Margin: HPS's current net profit margins (9.4%) are lower than last year (14.3%).


Past Earnings Growth Analysis

Earnings Trend: HPS's earnings have grown by 9.7% per year over the past 5 years.

Accelerating Growth: HPS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: HPS had negative earnings growth (-30.3%) over the past year, making it difficult to compare to the IT industry average (-3.7%).


Return on Equity

High ROE: HPS's Return on Equity (14.6%) is considered low.


Financial Health

How is Hightech Payment Systems's financial position?


Financial Position Analysis

Short Term Liabilities: HPS's short term assets (MAD1.1B) exceed its short term liabilities (MAD728.5M).

Long Term Liabilities: HPS's short term assets (MAD1.1B) exceed its long term liabilities (MAD205.7M).


Debt to Equity History and Analysis

Debt Level: HPS's debt to equity ratio (40.7%) is considered high.

Reducing Debt: HPS's debt to equity ratio has increased from 4.6% to 40.7% over the past 5 years.

Debt Coverage: HPS's debt is well covered by operating cash flow (40.9%).

Interest Coverage: HPS's interest payments on its debt are well covered by EBIT (16.5x coverage).


Balance Sheet


Dividend

What is Hightech Payment Systems's current dividend yield, its reliability and sustainability?

0.72%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: HPS's dividend (0.72%) isn’t notable compared to the bottom 25% of dividend payers in the MA market (2.22%).

High Dividend: HPS's dividend (0.72%) is low compared to the top 25% of dividend payers in the MA market (4.86%).


Stability and Growth of Payments

Stable Dividend: HPS is not paying a notable dividend for the MA market, therefore no need to check if payments are stable.

Growing Dividend: HPS is not paying a notable dividend for the MA market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: HPS is not paying a notable dividend for the MA market.


Future Payout to Shareholders

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


Next Steps

Management

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

10.8yrs

Average board tenure


CEO

Abdeslam Smaili

no data

Tenure

Mr. Abdeslam Alaoui Smaili is General Director at Hightech Payment Systems S.A. and has been its Executive Director since 1995. Mr. Smaili served as Chief Executive Officer of HPS Solutions at Hightech Pay...


Board Members

Experienced Board: HPS's board of directors are seasoned and experienced ( 10.8 years average tenure).


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.


Top Shareholders

Company Information

Hightech Payment Systems S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Hightech Payment Systems S.A.
  • Ticker: HPS
  • Exchange: CBSE
  • Founded: 1995
  • Industry: Data Processing and Outsourced Services
  • Sector: Software
  • Market Cap: د.م4.890b
  • Shares outstanding: 703.60k
  • Website: https://www.hps-worldwide.com

Number of Employees


Location

  • Hightech Payment Systems S.A.
  • Casablanca NearShore Park
  • Shore 1
  • Casablanca
  • 20270
  • Morocco

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/19 16:30
End of Day Share Price2021/10/18 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.