HDLY

HuddlyOB:HDLY Stock Report

Market Cap

kr2.5b

7D

-10.4%

1Y

-19.3%

Updated

20 Sep, 2021

Data

Company Financials +
HDLY fundamental analysis
Snowflake Score
Valuation2/6
Future Growth6/6
Past Performance0/6
Financial Health6/6
Dividends0/6

HDLY Overview

Huddly AS, a technology company, creates tools for team collaboration in Norway and the United States.

Price History & Performance

Summary of all time highs, changes and price drops for Huddly
Historical stock prices
Current Share Pricekr11.10
52 Week Highkr7.78
52 Week Lowkr20.90
Beta0.63
1 Month Change4.03%
3 Month Change13.85%
1 Year Change-19.27%
3 Year Change407.43%
5 Year Changen/a
Change since IPO255.20%

Recent News & Updates

Shareholder Returns

HDLYNO CommunicationsNO Market
7D-10.4%-4.3%-0.5%
1Y-19.3%15.4%20.4%

Return vs Industry: HDLY underperformed the Norwegian Communications industry which returned 15.4% over the past year.

Return vs Market: HDLY underperformed the Norwegian Market which returned 20.4% over the past year.

Price Volatility

Is HDLY's price volatile compared to industry and market?
HDLY volatility
HDLY Beta0.63
Industry Beta0.68
Market Beta1

Stable Share Price: HDLY is not significantly more volatile than the rest of Norwegian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: HDLY's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201371Stein Eriksenhttps://www.huddly.com

Huddly AS, a technology company, creates tools for team collaboration in Norway and the United States. The company provides meeting room cameras under the Huddly GO and Huddly IQ names; whiteboard cameras under the Huddly Canvas name; and accessories, such as mounting brackets, room cables, and extension cables. It also offers Huddly ONE, a camera kit that delivers Full HD and wide-angle video meetings from desktop and laptop, as well as operates Huddly app.

Valuation

Is Huddly 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: HDLY (NOK11.1) is trading below our estimate of fair value (NOK23.26)

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: HDLY is overvalued based on its PB Ratio (4.8x) compared to the XE Communications industry average (3.6x).


Future Growth

How is Huddly forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

100.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HDLY is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.2%).

Earnings vs Market: HDLY is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: HDLY's is expected to become profitable in the next 3 years.

Revenue vs Market: HDLY's revenue (31.2% per year) is forecast to grow faster than the Norwegian market (5.8% per year).

High Growth Revenue: HDLY's revenue (31.2% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: HDLY's Return on Equity is forecast to be high in 3 years time (22.9%)


Past Performance

How has Huddly performed over the past 5 years?

-10.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HDLY is currently unprofitable.

Growing Profit Margin: HDLY is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: HDLY is unprofitable, and losses have increased over the past 5 years at a rate of 10.4% per year.

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

Earnings vs Industry: HDLY is unprofitable, making it difficult to compare its past year earnings growth to the Communications industry (99.1%).


Return on Equity

High ROE: HDLY has a negative Return on Equity (-40.8%), as it is currently unprofitable.


Financial Health

How is Huddly's financial position?


Financial Position Analysis

Short Term Liabilities: HDLY's short term assets (NOK487.2M) exceed its short term liabilities (NOK81.3M).

Long Term Liabilities: HDLY's short term assets (NOK487.2M) exceed its long term liabilities (NOK8.7M).


Debt to Equity History and Analysis

Debt Level: HDLY is debt free.

Reducing Debt: HDLY has not had any debt for 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: Whilst unprofitable HDLY has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: HDLY is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 52.8% per year.


Dividend

What is Huddly current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if HDLY'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 HDLY'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?


CEO

Stein Eriksen

2.08yrs

Tenure

Mr. Stein Ove Eriksen is a Co-Founder of Huddly AS in 2014. Mr. Eriksen has been the Chief Executive Officer of Huddly AS since August 20, 2019 and served as its Chief Technology Officer. Mr. Eriksen serve...


Ownership

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


Insider Trading Volume

Insider Buying: HDLY 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 13.2%.


Top Shareholders

Company Information

Huddly AS's employee growth, exchange listings and data sources


Key Information

  • Name: Huddly AS
  • Ticker: HDLY
  • Exchange: OB
  • Founded: 2013
  • Industry: Communications Equipment
  • Sector: Tech
  • Market Cap: kr2.517b
  • Shares outstanding: 216.33m
  • Website: https://www.huddly.com

Number of Employees


Location

  • Huddly AS
  • Karenslyst Allé 51
  • Oslo
  • Oslo
  • 279
  • Norway

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/20 16:21
End of Day Share Price2021/09/20 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.