HF Company (ALHF) AI Stock Analysis

• Market Cap: €11.94M
• Dividend Yield: 47.62%
• Average Volume (3M): 2.42K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.29
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: FR
• Employees: 13
• Sector: General
• Sector Strength: N/A
• Industry: Communication Equipment
• EPS (TTM): -0.71
• Shares Outstanding: 2,856,812
• 10 Day Avg. Volume: 2,449
• 30 Day Avg. Volume: 2,417
• PEG Ratio: 0.27
• Price to Book (P/B): 0.63
• Price to Sales (P/S): 3.98
• P/FCF Ratio: -30.33
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 47 Neutral
• Price Target: €4.00 ▼(-5.21% Downside)

The score is held back primarily by weakening financial performance (sharp revenue decline, sizable losses, and negative 2024 operating/free cash flow). Technical signals are mildly bearish with the stock below major moving averages and a negative MACD. Valuation is mixed: the very high dividend yield helps, but a negative P/E and loss-making profile limit valuation support.

HF Company Business Overview & Revenue Model

Company Description

HF Company SA engages in the design and distribution of products and services for the home digital life market in Asia, Europe, and the United States. It develops and distributes a range of consumer xDSL products, such as ADSL filters and VDSL master filters, as well as equipment for professional xDSL networks; operates an independent laboratory for conformity, interoperability, and coexistence testing of equipment deployed by telecommunications operators in internet and domestic access networks; and offers smartgrid products and services. HF Company SA was founded in 1988 and is based in Tauxigny, France.

How the Company Makes Money

HF Company Financial Statement Overview

Summary

Overall fundamentals are pressured: revenue has fallen sharply (2024 down ~27% after a 2023 decline) and profitability is deeply negative (net margin ~-50%). The near debt-free balance sheet is a meaningful offset, but cash flow turned slightly negative in 2024 and free cash flow is also negative, increasing execution and funding risk if losses persist.

Income Statement

Revenue has contracted sharply in the most recent period (2024 down ~27% after a decline in 2023), signaling weakening demand/scale. Profitability is unstable: despite a still-decent gross margin in 2024 (~46%), the company remains loss-making with a deeply negative net margin (~-50%) and negative earnings, following a brief profit in 2022 and modest profit in 2021. The pattern suggests inconsistent cost control and limited operating leverage as sales have fallen.

Balance Sheet

The balance sheet is a clear strength: debt is essentially zero in 2024 (and near-zero in prior years), resulting in very low leverage and reduced refinancing risk. Equity remains sizable relative to assets, providing a buffer to absorb operating volatility. The key weakness is that returns on equity are negative in the last two years due to net losses, implying the capital base is not currently being converted into profits.

Cash Flow

Cash generation has been volatile. Operating cash flow turned slightly negative in 2024, and free cash flow is also negative, reversing the positive operating and free cash flow seen in 2023. Earlier years show sizable swings (including very weak operating/free cash flow in 2021), which reduces confidence in the durability of internal funding and increases dependence on existing cash reserves if losses persist.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	3.19M	5.47M	6.43M	24.10M	29.14M
Gross Profit	1.45M	3.43M	4.13M	11.27M	12.66M
EBITDA	491.00K	-63.00K	2.23M	1.59M	-7.30M
Net Income	-1.59M	-2.25M	532.00K	698.00K	-8.11M
Balance Sheet
Total Assets	21.73M	24.46M	30.83M	34.27M	46.70M
Cash, Cash Equivalents and Short-Term Investments	20.27M	19.43M	21.57M	24.55M	19.69M
Total Debt	0.00	38.00K	35.00K	35.00K	3.77M
Total Liabilities	1.46M	1.17M	2.36M	2.93M	14.16M
Stockholders Equity	20.28M	23.30M	28.47M	31.34M	32.52M
Cash Flow
Free Cash Flow	-418.00K	192.00K	-1.29M	-8.93M	1.73M
Operating Cash Flow	-139.00K	756.00K	-531.00K	-8.09M	2.53M
Investing Cash Flow	2.89M	1.76M	-5.68M	17.69M	-537.00K
Financing Cash Flow	-1.43M	-2.88M	-3.34M	-4.81M	2.70M

HF Company Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	55 Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
ALHF	47 Neutral	€11.94M	-6.36	-7.32%	47.62%	―	―
ALBPK	45 Neutral	€27.59M	-26.35	―	―	15.01%	79.05%