HF Company (ALHF) AI Stock Analysis

HF Company

(Paris:ALHF)

Select Model

Rating:56Neutral

Price Target:EUR 4.50▲(13.07% Upside)

Action:reiterated

Date:10/30/26

The score is held back primarily by weak financial performance—shrinking revenue base, negative operating profitability in 2025 (annual), and historically volatile cash generation—despite the benefit of negligible debt. Technicals are moderately supportive with price above major moving averages, though momentum is mixed. Valuation is the main offset, with a moderate P/E and very high dividend yield, but sustainability risk remains given the underlying operating volatility.

Positive Factors

Negligible DebtAn effectively debt-free balance sheet reduces interest and refinancing pressure, preserving flexibility through weaker trading conditions. This gives HF Company more capacity to manage contraction, protect liquidity, and allocate resources without the constraints imposed by significant leverage.

Negative Factors

Severe Revenue ContractionA repeated decline in revenue points to a shrinking core business rather than a temporary fluctuation. Lower scale can weaken operating leverage, reduce reinvestment capacity, and make it harder for HF Company to sustain profitability or rebuild competitive momentum over coming quarters.

HF Company (ALHF) vs. iShares MSCI France ETF (EWQ)

Market Cap: EUR 11.28M
Dividend Yield: 13.82%
Average Volume (3M): 2,305
Price to Earnings (P/E): 13.8
Beta (1Y): 0.13
Revenue Growth: -97.07%
EPS Growth: ―
Country: France
Employees: 3
Sector: General
Sector Strength: 55
Industry: Communication Equipment

HF Company Business Overview & Revenue Model

Company Description

HF Company S.A. specializes in developing and supplying an array of products and services for the digital home sector, serving markets across Asia, Europe, and the United States. Its offerings encompass various consumer xDSL solutions, such as ADSL a...

HF Company Financial Statement Overview

Summary

Overall financial quality is weak despite a strong balance sheet. Revenue has materially declined and 2025 (annual) showed negative gross profit and operating losses, with net income improvement likely not driven by core operations. Low leverage is a key positive, but cash flow and profitability have been volatile and less predictable over time.

Income Statement

28Negative

Balance Sheet

74Positive

Cash Flow

46Neutral

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	369.00K	369.00K	3.19M	5.47M	6.43M	24.10M
Gross Profit	-1.20M	-1.20M	1.45M	3.43M	4.13M	11.27M
EBITDA	-161.00K	-1.19M	491.00K	-72.00K	2.23M	1.59M
Net Income	835.00K	835.00K	-1.59M	-2.25M	532.00K	698.00K
Balance Sheet
Total Assets	15.77M	15.77M	21.73M	24.46M	30.83M	34.27M
Cash, Cash Equivalents and Short-Term Investments	15.54M	15.54M	20.27M	19.43M	21.57M	24.55M
Total Debt	0	0	0	38.00K	35.00K	35.00K
Total Liabilities	348.00K	348.00K	1.46M	1.17M	2.36M	2.93M
Stockholders Equity	15.42M	15.42M	20.28M	23.30M	28.47M	31.34M
Cash Flow
Free Cash Flow	264.00K	264.00K	-418.00K	192.00K	-1.29M	-8.93M
Operating Cash Flow	294.00K	294.00K	-139.00K	756.00K	-531.00K	-8.09M
Investing Cash Flow	4.75M	4.75M	2.89M	1.76M	-5.68M	17.69M
Financing Cash Flow	-5.79M	-5.79M	-1.43M	-2.88M	-3.34M	-4.81M

HF Company Technical Analysis

Technical Analysis SentimentPositive

Last Price3.98

Price Trends

50DMA3.95Positive

100DMA4.09Negative

200DMA4.01Negative

Market Momentum

MACD-0.01Negative

RSI55.05Neutral

STOCH88.67Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FR:ALHF, the sentiment is Positive. The current price of 3.98 is above the 20-day moving average (MA) of 3.82, above the 50-day MA of 3.95, and below the 200-day MA of 4.01, indicating a neutral trend. The MACD of -0.01 indicates Negative momentum. The RSI at 55.05 is Neutral, neither overbought nor oversold. The STOCH value of 88.67 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FR:ALHF.

HF Company Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

FR:ALHF against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FR:ALNTG	56Neutral	EUR 30.18M	15.25	8.54%	5.48%	1.84%	36.95%
FR:ALHF	56Neutral	EUR 11.28M	13.83	5.31%	13.82%	-97.07%	―
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
FR:ALBPK	41Neutral	EUR 21.57M	-7.13	―	―	-9.14%	-190.06%

* General Sector Average

Performance Comparison

FR:ALHF and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
FR:ALHF	HF Company	3.98	0.05	1.30%
FR:ALNTG	Netgem SA	0.91	0.06	6.92%
FR:ALNN6	ENENSYS Technologies SA	1.14	0.16	16.33%
FR:ALBPK	Broadpeak SA	1.72	-0.73	-29.80%
FR:ALTXC	TXCom SA	9.10	1.10	13.75%

HF Company Corporate Events

HF Company Half-Year Results Show Revenue Slump but Cash-Rich Balance Sheet

Oct 30, 2026

HF Company reported half-year 2026 results marked by a sharp decline in revenue to €18,000, down 83% on a comparable scope after the disposal of LEA Networks, while maintaining a strong financial position with net cash of €15.4 million re...

HF Company updates September share capital and voting rights

Oct 6, 2026

HF Company reported that as of 30 September 2026 its share capital consisted of 2,856,812 shares, with total gross voting rights of 3,917,851 and net voting rights of 3,898,380. The disclosure underscores the company’s compliance with French re...

HF Company Updates Market on Share Capital and Voting Rights for August 2026

Sep 4, 2026

HF Company reported its monthly capital and voting rights data as of August 31, 2026, in line with French Commercial Code and AMF regulatory obligations. The disclosure confirms a total of 2,856,812 shares outstanding, providing investors with an upd...

HF Company Reports July 2026 Share Capital and Voting Rights Data

Aug 25, 2026

HF Company reported its monthly shareholder structure figures as of 31 July 2026, disclosing a total of 2,856,812 shares making up its share capital. The company also detailed 3,917,851 gross voting rights and 3,900,872 net voting rights, after exclu...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 30, 2026

HF Company AI Stock Analysis