Added to YB: 2024-10-14
Pitch date: 2024-10-04
HCO.PA [bullish]
High Co. SA
+105.71%
current return
Author Info
No bio for this author
Company Info
High Co. SA provides consumer engagement chain solutions in France, Belgium, and Spain. The company offers brand platform, communication strategy, social media engagement, and media strategy services; and service design services, SMS and push notifications, mobile apps and websites, and loyalty programs.
Market Cap
EUR 80.2M
Pitch Price
EUR 1.87
Price Target
3.57 (-7%)
Dividend
6.13%
EV/EBITDA
-0.64
P/E
13.88
EV/Sales
-0.06
Sector
Media
Category
value
High Co.'s Strategic Restructuring and Buybacks
HCO.PA: French deep value play at <6x NTM EV/EBIT. Casino sale impact, but remainco growing. Upside from Monoprix/Franprix contracts, cost cuts. 40% mkt cap in net cash, 8% div yield, buybacks. Potential sale as WPP (37% owner) refocuses. WPP takeover possible due to synergies.
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