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
Rewards
Risk Analysis
Currently unprofitable and not forecast to become profitable over the next 3 years
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
| HOC | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.6% | 2.4% | 0.4% |
| 30 Day | 9.7% | 5.8% | 0.1% |
| 90 Day | -10.8% | -7.3% | 2.4% |
| 1 Year | n/a | 34.5%34.5% | 37.8%32.9% |
| 3 Year | n/a | 49.0%41.6% | 19.0%5.5% |
| 5 Year | n/a | 103.2%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
2 months ago | Simply Wall St
Thorstein Berg Is The Board Member of House of Control Group AS (OB:HOC) And They Just Picked Up 1.4% More Shares3 months ago | Simply Wall St
House of Control Group AS' (OB:HOC) Shift From Loss To Profit6 months ago | Simply Wall St
What Kind Of Shareholders Hold The Majority In House of Control Group AS' (OB:HOC) Shares?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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/07/29 21:04 |
| End of Day Share Price | 2021/07/29 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2020/12/31 |
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.