OB:HOC

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House of Control Group

Market Cap

kr1.2b

Last Updated

2021/07/29 21:04 UTC

Data Sources

Company Financials +

Executive Summary

House Of Control Group AS develops and sells software as a service (SaaS) solutions within the areas of finance and accounting in Norway, Sweden, Denmark, and internationally. More Details


Snowflake Analysis

Adequate balance sheet and slightly overvalued.


Similar Companies

Share Price & News

How has House of Control Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: HOC is more volatile than 75% of Norwegian stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: HOC's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of Norwegian stocks.


Market Performance


7 Day Return

2.6%

HOC

2.4%

NO Software

0.4%

NO Market


1 Year Return

n/a

HOC

34.5%

NO Software

32.9%

NO Market

Return vs Industry: Insufficient data to determine how HOC performed against the Norwegian Software industry.

Return vs Market: Insufficient data to determine how HOC performed against the Norwegian Market.


Shareholder returns

HOCIndustryMarket
7 Day2.6%2.4%0.4%
30 Day9.7%5.8%0.1%
90 Day-10.8%-7.3%2.4%
1 Yearn/a34.5%34.5%37.8%32.9%
3 Yearn/a49.0%41.6%19.0%5.5%
5 Yearn/a103.2%86.4%79.1%46.0%

Long-Term Price Volatility Vs. Market

How volatile is House of Control Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is House of Control 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: HOC (NOK21.5) is trading below our estimate of fair value (NOK62.39)

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


Price To Earnings Ratio

PE vs Industry: HOC is unprofitable, so we can't compare its PE Ratio to the European Software industry average.

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


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: HOC is overvalued based on its PB Ratio (3.7x) compared to the NO Software industry average (3.5x).


Future Growth

How is House of Control Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

74.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

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

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

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

Revenue vs Market: HOC's revenue (24.7% per year) is forecast to grow faster than the Norwegian market (5.4% per year).

High Growth Revenue: HOC's revenue (24.7% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

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


Past Performance

How has House of Control Group performed over the past 5 years?

-42.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HOC is currently unprofitable.

Growing Profit Margin: HOC is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: HOC is unprofitable, and losses have increased over the past 5 years at a rate of 42.4% per year.

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

Earnings vs Industry: HOC is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (19%).


Return on Equity

High ROE: HOC has a negative Return on Equity (-11.53%), as it is currently unprofitable.


Financial Health

How is House of Control Group's financial position?


Financial Position Analysis

Short Term Liabilities: HOC's short term assets (NOK375.1M) exceed its short term liabilities (NOK99.7M).

Long Term Liabilities: HOC's short term assets (NOK375.1M) exceed its long term liabilities (NOK94.3M).


Debt to Equity History and Analysis

Debt Level: HOC's debt to equity ratio (27.6%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if HOC's debt to equity ratio has reduced 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: HOC has sufficient cash runway for more than 3 years based on its current free cash flow.

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


Dividend

What is House of Control Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

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


Next Steps

Management

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

0.2yrs

Average board tenure


CEO

Lasse Sten

15.5yrs

Tenure

Mr. Lasse Sten founded House of Control Group AS in 2006 and has been its Chief Executive Officer since 2006, and also serves as its General Manager. Mr. Sten has contributed greatly to the building of a u...


Board Members

Experienced Board: HOC's board of directors are not considered experienced ( 0.2 years average tenure), which suggests a new board.


Ownership

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


Insider Trading Volume

Insider Buying: HOC insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: HOC only recently listed within the past 12 months.


Top Shareholders

Company Information

House of Control Group AS's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: House of Control Group AS
  • Ticker: HOC
  • Exchange: OB
  • Founded: 2013
  • Industry: Application Software
  • Sector: Software
  • Market Cap: kr1.227b
  • Shares outstanding: 57.06m
  • Website: https://www.houseofcontrol.com

Number of Employees


Location

  • House of Control Group AS
  • O.H. Bangs Vei 70
  • Høvik
  • Akershus
  • 1363
  • Norway

Listings


Biography

House Of Control Group AS develops and sells software as a service (SaaS) solutions within the areas of finance and accounting in Norway, Sweden, Denmark, and internationally. The company offers Complete C...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/07/29 21:04
End of Day Share Price2021/07/29 00:00
Earnings2021/03/31
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.