HomeToGo SE (HTG) AI Stock Analysis

• Market Cap: €271.75M
• Dividend Yield: N/A
• Average Volume (3M): 28.10K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.21
• Revenue Growth: 31.01%
• EPS Growth: -7.88%
• Country: DE
• Employees: 795
• Sector: Communication Services
• Sector Strength: 94
• Industry: Internet Content & Information
• EPS (TTM): -0.02
• Shares Outstanding: 175,680,650
• 10 Day Avg. Volume: 38,115
• 30 Day Avg. Volume: 28,101
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €1.50
• Price Target Upside: -7.98% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 49 Neutral
• Price Target: €1.50 ▼(-7.98% Downside)

The overall stock score is primarily influenced by the company's financial performance, which shows strong gross margins but significant challenges in profitability and cash flow. Technical analysis indicates short-term bullish momentum, but valuation remains a concern due to negative earnings and lack of dividends.

Positive Factors

Earnings

FY24 results were better than the updated guidance from January on all lines, reflecting the company’s strong focus on driving profitability and cash flow.

Mergers and Acquisitions

HTG announced that it has agreed on key commercial terms for the transaction, which could prove transformative for HTG as it not only boosts the company’s scale but seems highly margin accretive.

Negative Factors

Financial Performance

The outlook for FY25 is considered a bit messy due to the management’s assumptions regarding the consolidation of Interhome.

Financing

There is a financing gap of approximately €100m, which HTG intends to cover with a combination of new equity and debt.

HomeToGo SE Business Overview & Revenue Model

Company Description

HomeToGo SE operates a marketplace for vacation rentals that connects users searching for a place to stay worldwide. It operates under the HomeToGo, Agriturismo.it, AMIVAC, Casamundo, CaseVacanza.it, EscapadaRural, Tripping.com, Wimdu, and Smoobu brands. HomeToGo SE was founded in 2014 and is based in Luxembourg City, Luxembourg.

How the Company Makes Money

HomeToGo SE generates revenue through a commission-based model, earning money from partners for each booking made through its platform. The company collaborates with a wide array of property managers and travel providers, who pay a fee or commission for the increased exposure and booking facilitation that HomeToGo offers. Additionally, HomeToGo may earn from advertising placements on its platform, allowing property managers and travel service providers to enhance their visibility to potential travelers. Strategic partnerships with key travel and hospitality players further bolster HomeToGo's revenue streams, ensuring a steady flow of earnings through expanded inventory and enhanced service offerings.

HomeToGo SE Financial Statement Overview

Summary

HomeToGo SE shows strong revenue growth and a solid equity position, but struggles with profitability and cash flow generation. The focus on liquidity and cost management is evident, yet achieving consistent profitability is crucial.

Income Statement

The company's revenue shows a positive growth trajectory from 2020 to 2024, although there was a slight decline in the TTM period. Gross profit margin remained strong, indicating cost efficiency. However, persistent negative EBIT and net income margins reflect ongoing challenges in achieving profitability.

Balance Sheet

The balance sheet is stable with a strong equity position and low debt levels resulting in a favorable debt-to-equity ratio. The equity ratio signifies a solid financial foundation, though the slight decrease in stockholders' equity from 2021 to TTM indicates some financial strain.

Cash Flow

Operating cash flows have improved in the TTM period, but free cash flow remains negative, highlighting ongoing cash burn issues. The company effectively uses financing activities to bolster cash reserves, yet sustainable cash generation remains a challenge.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	216.10M	212.28M	162.03M	146.84M	94.84M	65.86M
Gross Profit	201.57M	199.22M	145.76M	134.64M	90.50M	63.06M
EBITDA	-12.33M	-5.93M	-15.31M	-44.63M	-167.84M	-19.20M
Net Income	-42.76M	-30.80M	-28.28M	-53.50M	-166.79M	-133.56M
Balance Sheet
Total Assets	451.99M	380.76M	323.95M	344.62M	365.28M	104.80M
Cash, Cash Equivalents and Short-Term Investments	156.51M	82.68M	142.47M	161.56M	252.91M	36.42M
Total Debt	101.00K	12.55M	17.77M	22.77M	26.55M	53.93M
Total Liabilities	138.00M	113.54M	73.83M	80.92M	64.60M	81.94M
Stockholders Equity	281.46M	234.37M	250.12M	263.70M	300.69M	22.86M
Cash Flow
Free Cash Flow	-5.50M	-9.77M	-17.37M	-40.77M	-85.22M	-14.33M
Operating Cash Flow	6.30M	939.00K	-10.12M	-36.35M	-83.26M	-11.31M
Investing Cash Flow	-3.94M	-28.58M	12.86M	-621.00K	-118.34M	-4.65M
Financing Cash Flow	70.63M	-10.57M	-5.64M	-5.25M	317.09M	41.45M

HomeToGo SE Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.63
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:HTG, the sentiment is Negative. The current price of 1.63 is above the 20-day moving average (MA) of 1.58, above the 50-day MA of 1.54, and below the 200-day MA of 1.80, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 48.78 is Neutral, neither overbought nor oversold. The STOCH value of 24.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for DE:HTG.

HomeToGo SE Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	60 Neutral	$42.44B	3.87	-13.01%	4.03%	1.90%	-42.25%
HTG	49 Neutral	€271.75M	―	-12.71%	―	31.01%	-7.88%
0OOS	―	€85.92M	―		―	―	―
PU11	―	€259.96K	―		―	―	―
KA8	―	€15.44M	26.36	9.53%	4.69%	―	―
PAL	―	€31.96M	―	-368.47%	―	―	―
EDL	69 Neutral	€88.70M	7.98	21.57%	7.28%	-7.73%	-9.17%