HIGH CO (HCO.PA) Fundamental Analysis & Valuation
EPA:HCO • FR0000054231
Current stock price
3.51 EUR
-0.24 (-6.4%)
Last:
This HCO.PA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. HCO.PA Profitability Analysis
1.1 Basic Checks
- In the past year HCO was profitable.
- In the past year HCO had a positive cash flow from operations.
- HCO had positive earnings in each of the past 5 years.
- In the past 5 years HCO always reported a positive cash flow from operatings.
1.2 Ratios
- HCO has a Return On Assets of 2.99%. This is in the better half of the industry: HCO outperforms 62.12% of its industry peers.
- HCO has a Return On Equity of 5.98%. This is comparable to the rest of the industry: HCO outperforms 51.52% of its industry peers.
- With a Return On Invested Capital value of 4.90%, HCO perfoms like the industry average, outperforming 56.06% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for HCO is above the industry average of 7.56%.
- The 3 year average ROIC (10.16%) for HCO is well above the current ROIC(4.90%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.99% | ||
| ROE | 5.98% | ||
| ROIC | 4.9% |
ROA(3y)3.3%
ROA(5y)3.33%
ROE(3y)7.47%
ROE(5y)7.73%
ROIC(3y)10.16%
ROIC(5y)10.01%
1.3 Margins
- HCO has a Profit Margin (4.86%) which is in line with its industry peers.
- In the last couple of years the Profit Margin of HCO has remained more or less at the same level.
- HCO has a Operating Margin of 5.88%. This is comparable to the rest of the industry: HCO outperforms 54.55% of its industry peers.
- HCO's Operating Margin has declined in the last couple of years.
- Looking at the Gross Margin, with a value of 45.18%, HCO is in line with its industry, outperforming 45.45% of the companies in the same industry.
- In the last couple of years the Gross Margin of HCO has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.88% | ||
| PM (TTM) | 4.86% | ||
| GM | 45.18% |
OM growth 3Y-15.46%
OM growth 5Y-4.07%
PM growth 3Y-14.45%
PM growth 5Y-0.78%
GM growth 3Y-6.94%
GM growth 5Y-2.75%
2. HCO.PA Health Analysis
2.1 Basic Checks
- HCO has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
- Compared to 1 year ago, HCO has less shares outstanding
- Compared to 5 years ago, HCO has less shares outstanding
- HCO has a better debt/assets ratio than last year.
2.2 Solvency
- HCO has an Altman-Z score of 1.92. This is not the best score and indicates that HCO is in the grey zone with still only limited risk for bankruptcy at the moment.
- The Altman-Z score of HCO (1.92) is better than 65.15% of its industry peers.
- HCO has a debt to FCF ratio of 0.24. This is a very positive value and a sign of high solvency as it would only need 0.24 years to pay back of all of its debts.
- The Debt to FCF ratio of HCO (0.24) is better than 93.94% of its industry peers.
- HCO has a Debt/Equity ratio of 0.03. This is a healthy value indicating a solid balance between debt and equity.
- Looking at the Debt to Equity ratio, with a value of 0.03, HCO belongs to the top of the industry, outperforming 92.42% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.24 | ||
| Altman-Z | 1.92 |
ROIC/WACC0.65
WACC7.53%
2.3 Liquidity
- A Current Ratio of 1.42 indicates that HCO should not have too much problems paying its short term obligations.
- The Current ratio of HCO (1.42) is better than 72.73% of its industry peers.
- A Quick Ratio of 1.42 indicates that HCO should not have too much problems paying its short term obligations.
- With an excellent Quick ratio value of 1.42, HCO belongs to the best of the industry, outperforming 80.30% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.42 | ||
| Quick Ratio | 1.42 |
3. HCO.PA Growth Analysis
3.1 Past
- HCO shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -50.00%.
- Measured over the past years, HCO shows a decrease in Earnings Per Share. The EPS has been decreasing by -2.40% on average per year.
- The Revenue has decreased by -2.37% in the past year.
- The Revenue has been decreasing by -3.59% on average over the past years.
EPS 1Y (TTM)-50%
EPS 3Y-10.03%
EPS 5Y-2.4%
EPS Q2Q%-31.25%
Revenue 1Y (TTM)-2.37%
Revenue growth 3Y2.12%
Revenue growth 5Y-3.59%
Sales Q2Q%-6.38%
3.2 Future
- The Earnings Per Share is expected to decrease by -3.98% on average over the next years.
- HCO is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -0.85% yearly.
EPS Next Y7.1%
EPS Next 2Y-18.35%
EPS Next 3Y-3.98%
EPS Next 5YN/A
Revenue Next Year-27.42%
Revenue Next 2Y-2.79%
Revenue Next 3Y-0.85%
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. HCO.PA Valuation Analysis
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 12.54 indicates a correct valuation of HCO.
- HCO's Price/Earnings is on the same level as the industry average.
- HCO's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.78.
- Based on the Price/Forward Earnings ratio of 17.09, the valuation of HCO can be described as rather expensive.
- HCO's Price/Forward Earnings ratio is in line with the industry average.
- HCO is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.54, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.54 | ||
| Fwd PE | 17.09 |
4.2 Price Multiples
- Based on the Price/Free Cash Flow ratio, HCO is valued cheaply inside the industry as 93.94% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.5 | ||
| EV/EBITDA | -0.97 |
4.3 Compensation for Growth
- The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- A cheap valuation may be justified as HCO's earnings are expected to decrease with -3.98% in the coming years.
PEG (NY)1.76
PEG (5Y)N/A
EPS Next 2Y-18.35%
EPS Next 3Y-3.98%
5. HCO.PA Dividend Analysis
5.1 Amount
- With a Yearly Dividend Yield of 7.35%, HCO is a good candidate for dividend investing.
- HCO's Dividend Yield is rather good when compared to the industry average which is at 3.49. HCO pays more dividend than 89.39% of the companies in the same industry.
- HCO's Dividend Yield is rather good when compared to the S&P500 average which is at 1.89.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.35% |
5.2 History
- The dividend of HCO has a limited annual growth rate of 5.90%.
Dividend Growth(5Y)5.9%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
- HCO pays out 92.80% of its income as dividend. This is not a sustainable payout ratio.
- The Dividend Rate of HCO has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP92.8%
EPS Next 2Y-18.35%
EPS Next 3Y-3.98%
HCO.PA Fundamentals: All Metrics, Ratios and Statistics
EPA:HCO (4/10/2026, 7:00:00 PM)
3.51
-0.24 (-6.4%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)03-25 2026-03-25
Earnings (Next)04-22 2026-04-22
Inst Owners18.07%
Inst Owner ChangeN/A
Ins Owners16.32%
Ins Owner ChangeN/A
Market Cap71.81M
Revenue(TTM)114.38M
Net Income(TTM)5.56M
Analysts82.86
Price Target4.44 (26.5%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.35% |
Yearly Dividend0.28
Dividend Growth(5Y)5.9%
DP92.8%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)-1.14%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)38.03%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-8.3%
Revenue NY rev (3m)-8.39%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.54 | ||
| Fwd PE | 17.09 | ||
| P/S | 0.63 | ||
| P/FCF | 3.5 | ||
| P/OCF | 3.38 | ||
| P/B | 0.77 | ||
| P/tB | 1.96 | ||
| EV/EBITDA | -0.97 |
EPS(TTM)0.28
EY7.98%
EPS(NY)0.21
Fwd EY5.85%
FCF(TTM)1
FCFY28.56%
OCF(TTM)1.04
OCFY29.57%
SpS5.59
BVpS4.54
TBVpS1.79
PEG (NY)1.76
PEG (5Y)N/A
Graham Number5.35
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.99% | ||
| ROE | 5.98% | ||
| ROCE | 6.73% | ||
| ROIC | 4.9% | ||
| ROICexc | 81.61% | ||
| ROICexgc | N/A | ||
| OM | 5.88% | ||
| PM (TTM) | 4.86% | ||
| GM | 45.18% | ||
| FCFM | 17.93% |
ROA(3y)3.3%
ROA(5y)3.33%
ROE(3y)7.47%
ROE(5y)7.73%
ROIC(3y)10.16%
ROIC(5y)10.01%
ROICexc(3y)33.2%
ROICexc(5y)64.31%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)13.94%
ROCE(5y)13.74%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3Y5.39%
ROICexc growth 5Y4.92%
OM growth 3Y-15.46%
OM growth 5Y-4.07%
PM growth 3Y-14.45%
PM growth 5Y-0.78%
GM growth 3Y-6.94%
GM growth 5Y-2.75%
F-Score7
Asset Turnover0.61
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.24 | ||
| Debt/EBITDA | 0.2 | ||
| Cap/Depr | 12.44% | ||
| Cap/Sales | 0.63% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 169.03% | ||
| Profit Quality | 369.05% | ||
| Current Ratio | 1.42 | ||
| Quick Ratio | 1.42 | ||
| Altman-Z | 1.92 |
F-Score7
WACC7.53%
ROIC/WACC0.65
Cap/Depr(3y)22.18%
Cap/Depr(5y)23.34%
Cap/Sales(3y)0.82%
Cap/Sales(5y)1.08%
Profit Quality(3y)322.39%
Profit Quality(5y)287.8%
High Growth Momentum
Growth
EPS 1Y (TTM)-50%
EPS 3Y-10.03%
EPS 5Y-2.4%
EPS Q2Q%-31.25%
EPS Next Y7.1%
EPS Next 2Y-18.35%
EPS Next 3Y-3.98%
EPS Next 5YN/A
Revenue 1Y (TTM)-2.37%
Revenue growth 3Y2.12%
Revenue growth 5Y-3.59%
Sales Q2Q%-6.38%
Revenue Next Year-27.42%
Revenue Next 2Y-2.79%
Revenue Next 3Y-0.85%
Revenue Next 5YN/A
EBIT growth 1Y-51.92%
EBIT growth 3Y-13.67%
EBIT growth 5Y-7.51%
EBIT Next Year32.33%
EBIT Next 3Y20.99%
EBIT Next 5YN/A
FCF growth 1Y582.37%
FCF growth 3Y35.54%
FCF growth 5Y0.35%
OCF growth 1Y345.99%
OCF growth 3Y31.82%
OCF growth 5Y-1.02%
HIGH CO / HCO.PA Fundamental Analysis FAQ
What is the fundamental rating for HCO stock?
ChartMill assigns a fundamental rating of 5 / 10 to HCO.PA.
What is the valuation status for HCO stock?
ChartMill assigns a valuation rating of 4 / 10 to HIGH CO (HCO.PA). This can be considered as Fairly Valued.
What is the profitability of HCO stock?
HIGH CO (HCO.PA) has a profitability rating of 5 / 10.
What are the PE and PB ratios of HIGH CO (HCO.PA) stock?
The Price/Earnings (PE) ratio for HIGH CO (HCO.PA) is 12.54 and the Price/Book (PB) ratio is 0.77.
Is the dividend of HIGH CO sustainable?
The dividend rating of HIGH CO (HCO.PA) is 6 / 10 and the dividend payout ratio is 92.8%.