High Co. SA

PA:HCO France Advertising Agencies
Market Cap
$71.67 Million
€69.82 Million EUR
Market Cap Rank
#23431 Global
#196 in France
Share Price
€3.60
Change (1 day)
-1.10%
52-Week Range
€2.71 - €4.86
All Time High
€5.01
About

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. It also provides data collection and analysis, targeting and personalization drivers, predict… Read more

High Co. SA (HCO) - Net Assets

Latest net assets as of June 2025: €92.86 Million EUR

Based on the latest financial reports, High Co. SA (HCO) has net assets worth €92.86 Million EUR as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€186.05 Million) and total liabilities (€93.19 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets €92.86 Million
% of Total Assets 49.91%
Annual Growth Rate 3.26%
5-Year Change -0.78%
10-Year Change 27.3%
Growth Volatility 8.14

High Co. SA - Net Assets Trend (2004–2024)

This chart illustrates how High Co. SA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for High Co. SA (2004–2024)

The table below shows the annual net assets of High Co. SA from 2004 to 2024.

Year Net Assets Change
2024-12-31 €94.90 Million +3.32%
2023-12-31 €91.85 Million +0.63%
2022-12-31 €91.27 Million -7.77%
2021-12-31 €98.96 Million +3.46%
2020-12-31 €95.65 Million +4.28%
2019-12-31 €91.72 Million +4.55%
2018-12-31 €87.73 Million +6.63%
2017-12-31 €82.27 Million +12.08%
2016-12-31 €73.41 Million -1.53%
2015-12-31 €74.55 Million +7.81%
2014-12-31 €69.15 Million +0.73%
2013-12-31 €68.65 Million -16.83%
2012-12-31 €82.54 Million +5.12%
2011-12-31 €78.52 Million +5.28%
2010-12-31 €74.58 Million +6.23%
2009-12-31 €70.20 Million +8.41%
2008-12-31 €64.76 Million -0.23%
2007-12-31 €64.91 Million +19.87%
2006-12-31 €54.16 Million +17.49%
2005-12-31 €46.09 Million -7.69%
2004-12-31 €49.93 Million --

Equity Component Analysis

This analysis shows how different components contribute to High Co. SA's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 4184589000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings €7.46 Million 8.02%
Common Stock €10.23 Million 10.99%
Other Comprehensive Income €53.62 Million 57.64%
Other Components €21.71 Million 23.34%
Total Equity €93.03 Million 100.00%

High Co. SA Competitors by Market Cap

The table below lists competitors of High Co. SA ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in High Co. SA's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 89,862,000 to 93,027,000, a change of 3,165,000 (3.5%).
  • Net income of 7,463,000 contributed positively to equity growth.
  • Dividend payments of 5,547,000 reduced retained earnings.
  • Share repurchases of 338,000 reduced equity.
  • Other comprehensive income increased equity by 6,820,000.
  • Other factors decreased equity by 5,233,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income €7.46 Million +8.02%
Dividends Paid €5.55 Million -5.96%
Share Repurchases €338.00K -0.36%
Other Comprehensive Income €6.82 Million +7.33%
Other Changes €-5.23 Million -5.63%
Total Change €- 3.52%

Book Value vs Market Value Analysis

This analysis compares High Co. SA's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 0.76x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
  • The price-to-book ratio has decreased from 1.49x to 0.76x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2004-12-31 €2.42 €3.60 x
2005-12-31 €2.08 €3.60 x
2006-12-31 €2.44 €3.60 x
2007-12-31 €2.90 €3.60 x
2008-12-31 €3.00 €3.60 x
2009-12-31 €3.23 €3.60 x
2010-12-31 €3.57 €3.60 x
2011-12-31 €3.79 €3.60 x
2012-12-31 €4.04 €3.60 x
2013-12-31 €3.42 €3.60 x
2014-12-31 €3.47 €3.60 x
2015-12-31 €3.59 €3.60 x
2016-12-31 €3.52 €3.60 x
2017-12-31 €3.79 €3.60 x
2018-12-31 €4.04 €3.60 x
2019-12-31 €4.26 €3.60 x
2020-12-31 €4.44 €3.60 x
2021-12-31 €4.67 €3.60 x
2022-12-31 €4.39 €3.60 x
2023-12-31 €4.50 €3.60 x
2024-12-31 €4.73 €3.60 x

Capital Efficiency Dashboard

This dashboard shows how efficiently High Co. SA utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 8.02%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 5.10%
  • • Asset Turnover: 0.71x
  • • Equity Multiplier: 2.22x
  • Recent ROE (8.02%) is above the historical average (3.18%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2004 -68.89% -30.44% 0.65x 3.51x €-39.37 Million
2005 -8.74% -3.31% 0.80x 3.30x €-8.63 Million
2006 14.70% 6.24% 0.72x 3.26x €2.54 Million
2007 16.26% 7.95% 0.72x 2.85x €4.06 Million
2008 6.99% 3.08% 0.79x 2.87x €-1.94 Million
2009 9.00% 4.70% 0.84x 2.28x €-696.80K
2010 10.87% 5.72% 0.77x 2.47x €649.10K
2011 7.37% 4.20% 0.62x 2.85x €-2.05 Million
2012 7.30% 4.54% 0.63x 2.57x €-2.22 Million
2013 -10.21% -5.27% 0.70x 2.78x €-13.88 Million
2014 3.51% 1.87% 0.63x 3.00x €-4.49 Million
2015 9.09% 4.38% 0.77x 2.71x €-677.60K
2016 1.39% 0.65% 0.78x 2.73x €-6.31 Million
2017 9.00% 4.77% 0.69x 2.75x €-794.40K
2018 10.19% 4.97% 0.76x 2.69x €162.70K
2019 10.42% 5.30% 0.72x 2.71x €373.90K
2020 4.64% 3.13% 0.52x 2.86x €-4.93 Million
2021 11.59% 8.14% 0.63x 2.26x €1.53 Million
2022 2.01% 1.24% 0.67x 2.41x €-7.12 Million
2023 12.37% 7.64% 0.71x 2.27x €2.13 Million
2024 8.02% 5.10% 0.71x 2.22x €-1.84 Million

Industry Comparison

This section compares High Co. SA's net assets metrics with peer companies in the Advertising Agencies industry.

Industry Context

  • Industry: Advertising Agencies
  • Average net assets among peers: $10,562,119
  • Average return on equity (ROE) among peers: 6.20%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
High Co. SA (HCO) €92.86 Million -68.89% 1.00x $31.29 Million
Acheter Louer (ALALO) $7.97 Million 1.61% 0.32x $172.75K
Obiz Concept SAS (ALBIZ) $830.15K 9.40% 5.72x $6.21 Million
Bilendi (ALBLD) $18.67 Million 15.70% 0.41x $61.13 Million
ALDUX (ALDUX) $-5.20 Million 0.00% 0.00x $4.38 Million
Fill Up Media SA (ALFUM) $4.73 Million -55.66% 3.21x $14.68 Million
Hopscotch Groupe S.A. (ALHOP) $14.53 Million 6.54% 4.76x $15.03 Million
Invibes Advertising NV (ALINV) $1.71 Million 35.93% 1.36x $3.14 Million
ISPD Network S.A. (ALISP) $16.58 Million 7.73% 0.53x $630.07K
Klarsen SA (ALKLA) $17.69 Million 12.59% 0.61x $2.88 Million
1000mercis SA (ALMIL) $28.12 Million 28.15% 0.58x $2.59 Million