XCSEHOVE
Market cap10mUSD
Dec 23, Last price
3.06DKK
1D
-0.65%
1Q
-11.56%
IPO
-31.24%
Name
Hove A/S
Chart & Performance
P/E
21.10
P/S
0.40
EPS
0.15
Div Yield, %
0.00%
Shrs. gr., 5y
—
Rev. gr., 5y
%
Revenues
187m
+23.39%
Net income
4m
-49.77%
CFO
3m
P
Profile
Hove A/S develops, produces, and supplies advanced lubrication solutions for heavy machinery in Denmark. The company offers Hove Smart Lube, a field-proven digital solution that enhances lubrication maintenance; Hove ONE v1, a semi-automatic lubrication pump for direct lubrication of bearings; Hove flow dividers; Hove Carry, a battery-powered portable lubrication pump for heavy industries; HOVE REFILLER V2 to fast-fill reservoirs on central lubrication systems with a minimum risk of contamination; EASY GREASE V4, a greasing pump; and HOVE pre-filled grease cartridges. It also distributes Beinlich Pumpen GmbH and Hafnia pumps. The company was founded in 2000 and is headquartered in Glostrup, Denmark.
Valuation
Title DKK in thousands, except ratios and share amounts | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | |
| Income | |||||
Revenues | 186,965 23.39% | 151,517 46.84% | 103,187 0.22% | ||
Cost of revenue | 136,524 | 114,380 | 76,780 | ||
Unusual Expense (Income) | |||||
NOPBT | 50,441 | 37,138 | 26,408 | ||
NOPBT Margin | 26.98% | 24.51% | 25.59% | ||
Operating Taxes | 3,955 | 1,959 | 1,142 | ||
Tax Rate | 7.84% | 5.27% | 4.33% | ||
NOPAT | 46,485 | 35,179 | 25,265 | ||
Net income | 3,575 -49.77% | 7,117 79.36% | 3,968 -30.80% | ||
Dividends | (2,800) | ||||
Dividend yield | 2.78% | ||||
Proceeds from repurchase of equity | 34,690 | ||||
BB yield | -34.41% | ||||
| Debt | |||||
Debt current | 841 | 2,493 | 2,417 | ||
Long-term debt | 7,375 | 12,014 | 14,488 | ||
Deferred revenue | |||||
Other long-term liabilities | 1,221 | 1,555 | 1,899 | ||
Net debt | (5,414) | (5,152) | (8,653) | ||
| Cash flow | |||||
Cash from operating activities | 3,423 | (60) | 2,922 | ||
CAPEX | (1,513) | (3,138) | (4,410) | ||
Cash from investing activities | (3,163) | (3,038) | (8,556) | ||
Cash from financing activities | (5,784) | (2,743) | 28,805 | ||
FCF | 33,874 | 26,153 | 21,974 | ||
| Balance | |||||
Cash | 13,630 | 19,658 | 25,499 | ||
Long term investments | 58 | ||||
Excess cash | 4,282 | 12,082 | 20,398 | ||
Stockholders' equity | 38,407 | 28,404 | 43,188 | ||
Invested Capital | 76,579 | 69,278 | 57,300 | ||
ROIC | 63.74% | 55.58% | 51.27% | ||
ROCE | 60.57% | 44.45% | 33.48% | ||
| EV | |||||
Common stock shares outstanding | 25,363 | 24,000 | 24,000 | ||
Price | 6.38 62.34% | 3.93 -6.43% | 4.20 | ||
Market cap | 161,816 71.56% | 94,320 -6.43% | 100,800 | ||
EV | 156,402 | 89,168 | 92,147 | ||
EBITDA | 51,632 | 38,316 | 27,250 | ||
EV/EBITDA | 3.03 | 2.33 | 3.38 | ||
Interest | 2,443 | 1,958 | 1,007 | ||
Interest/NOPBT | 4.84% | 5.27% | 3.81% | ||