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Huge Group

JSE:HUG
Snowflake Description

Mediocre balance sheet with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
HUG
JSE
ZAR744M
Market Cap
  1. Home
  2. ZA
  3. Telecom
Company description

Huge Group Limited, an investment holding company, provides voice connectivity, messaging, and telephone management services in South Africa, Botswana, Lesotho, Mozambique, Namibia, eSwatini, Zambia, and Zimbabwe. The last earnings update was 131 days ago. More info.


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HUG Share Price and Events
7 Day Returns
2.3%
JSE:HUG
1.3%
Africa Telecom
10.1%
ZA Market
1 Year Returns
-40.7%
JSE:HUG
-23.5%
Africa Telecom
-33.6%
ZA Market
HUG Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Huge Group (HUG) 2.3% -7.2% -17.4% -40.7% -50.8% 76.5%
Africa Telecom 1.3% -13.9% -17.3% -23.5% -23.5% -20.7%
ZA Market 10.1% -19.3% -29.1% -33.6% -29.1% -31.9%
1 Year Return vs Industry and Market
  • HUG underperformed the Telecom industry which returned -23.5% over the past year.
  • HUG underperformed the Market in South Africa which returned -33.6% over the past year.
Price Volatility
HUG
Industry
5yr Volatility vs Market

HUG Value

 Is Huge Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Huge Group to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Huge Group.

JSE:HUG Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-08-31) in ZAR ZAR .125000
Payout Ratio Company Filings (2019-08-31) 2023.1%
Discount Rate (Cost of Equity) See below 15.2%
Perpetual Growth Rate 10-Year ZA Government Bond Rate 8.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for JSE:HUG
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year ZA Govt Bond Rate 8.6%
Equity Risk Premium S&P Global 8.2%
Telecom Unlevered Beta Simply Wall St/ S&P Global 0.36
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.361 (1 + (1- 28%) (28.27%))
0.571
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 8.6% + (0.8 * 8.23%)
15.18%

Discounted Cash Flow Calculation for JSE:HUG using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Huge Group is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

JSE:HUG Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= ZAR0.13 / (15.18% - 8.6%)
ZAR1.9
JSE:HUG Discount to Share Price
Calculation Result
Value per share (ZAR) From above. ZAR1.90
Current discount Discount to share price of ZAR4.50
= -1 x (ZAR4.50 - ZAR1.90) / ZAR1.90
-137%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Huge Group is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Huge Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Huge Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
JSE:HUG PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-08-31) in ZAR ZAR0.58
JSE:HUG Share Price ** JSE (2020-03-30) in ZAR ZAR4.5
Africa Telecom Industry PE Ratio Median Figure of 11 Publicly-Listed Telecom Companies 7.78x
South Africa Market PE Ratio Median Figure of 202 Publicly-Listed Companies 7.88x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Huge Group.

JSE:HUG PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= JSE:HUG Share Price ÷ EPS (both in ZAR)

= 4.5 ÷ 0.58

7.78x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Huge Group is good value based on earnings compared to the Africa Telecom industry average.
  • Huge Group is good value based on earnings compared to the South Africa market.
Price based on expected Growth
Does Huge Group's expected growth come at a high price?
Raw Data
JSE:HUG PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 7.78x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Global Telecom Industry PEG Ratio Median Figure of 92 Publicly-Listed Telecom Companies 1.41x
South Africa Market PEG Ratio Median Figure of 79 Publicly-Listed Companies 0.86x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Huge Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Huge Group's assets?
Raw Data
JSE:HUG PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-08-31) in ZAR ZAR5.21
JSE:HUG Share Price * JSE (2020-03-30) in ZAR ZAR4.5
Africa Telecom Industry PB Ratio Median Figure of 11 Publicly-Listed Telecom Companies 0.83x
South Africa Market PB Ratio Median Figure of 271 Publicly-Listed Companies 0.66x
JSE:HUG PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= JSE:HUG Share Price ÷ Book Value per Share (both in ZAR)

= 4.5 ÷ 5.21

0.86x

* Primary Listing of Huge Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Huge Group is overvalued based on assets compared to the Africa Telecom industry average.
X
Value checks
We assess Huge Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Telecom industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Telecom industry average (and greater than 0)? (1 check)
  5. Huge Group has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

HUG Future Performance

 How is Huge Group expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Huge Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
24.2%
Expected Telecom industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Huge Group expected to grow at an attractive rate?
  • Unable to compare Huge Group's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Huge Group's earnings growth to the South Africa market average as no estimate data is available.
  • Unable to compare Huge Group's revenue growth to the South Africa market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
JSE:HUG Future Growth Rates Data Sources
Data Point Source Value (per year)
Africa Telecom Industry Earnings Growth Rate Market Cap Weighted Average 24.2%
Africa Telecom Industry Revenue Growth Rate Market Cap Weighted Average 2.5%
South Africa Market Earnings Growth Rate Market Cap Weighted Average 16.2%
South Africa Market Revenue Growth Rate Market Cap Weighted Average 8.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
JSE:HUG Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (7 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in ZAR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
JSE:HUG Past Financials Data
Date (Data in ZAR Millions) Revenue Cash Flow Net Income *
2019-08-31 463 74 95
2019-05-31 448 74 94
2019-02-28 433 74 94
2018-11-30 425 95 97
2018-08-31 418 116 100
2018-05-31 410 91 89
2018-02-28 401 67 77
2017-11-30 365 48 58
2017-08-31 328 29 40
2017-05-31 287 27 33
2017-02-28 246 25 27
2016-11-30 236 23 22

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Huge Group is high growth as no earnings estimate data is available.
  • Unable to determine if Huge Group is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
JSE:HUG Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (7 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Huge Group Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

JSE:HUG Past Financials Data
Date (Data in ZAR Millions) EPS *
2019-08-31 0.58
2019-05-31 0.57
2019-02-28 0.57
2018-11-30 0.57
2018-08-31 0.57
2018-05-31 0.52
2018-02-28 0.47
2017-11-30 0.41
2017-08-31 0.33
2017-05-31 0.30
2017-02-28 0.26
2016-11-30 0.21

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Huge Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of HUG’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Huge Group's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Telecom companies here
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Huge Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Africa market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Africa market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Huge Group has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

HUG Past Performance

  How has Huge Group performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Huge Group's growth in the last year to its industry (Telecom).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Huge Group has delivered over 20% year on year earnings growth in the past 5 years.
  • Huge Group's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Huge Group's 1-year earnings growth is negative, it can't be compared to the Africa Telecom industry average.
Earnings and Revenue History
Huge Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Huge Group Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

JSE:HUG Past Revenue, Cash Flow and Net Income Data
Date (Data in ZAR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-08-31 462.78 95.20 159.21
2019-05-31 447.72 94.40 145.23
2019-02-28 432.66 93.59 131.24
2018-11-30 425.35 96.92 122.56
2018-08-31 418.04 100.25 113.88
2018-05-31 409.71 88.54 114.01
2018-02-28 401.38 76.84 114.14
2017-11-30 364.63 58.38 108.25
2017-08-31 327.88 39.93 102.35
2017-05-31 286.94 33.27 89.99
2017-02-28 245.99 26.62 77.62
2016-11-30 235.76 21.51 79.16
2016-08-31 225.53 16.40 80.70
2016-05-31 221.02 17.59 73.62
2016-02-29 216.52 18.78 66.53
2015-11-30 214.57 17.74 61.45
2015-08-31 212.63 16.70 56.37
2015-05-31 208.61 14.11 61.22
2015-02-28 204.59 11.53 66.07
2014-11-30 200.21 13.55 68.66
2014-08-31 195.84 15.57 71.24
2014-05-31 199.71 13.71 74.41
2014-02-28 203.58 11.85 77.58
2013-11-30 210.34 -1.66 77.71
2013-08-31 217.09 -15.18 77.84
2013-05-31 241.71 -12.52 75.45

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Huge Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Huge Group used its assets more efficiently than the Africa Telecom industry average last year based on Return on Assets.
  • Huge Group has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Huge Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Telecom industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Huge Group has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

HUG Health

 How is Huge Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Huge Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Huge Group's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Huge Group's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Huge Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Huge Group Company Filings, last reported 7 months ago.

JSE:HUG Past Debt and Equity Data
Date (Data in ZAR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-08-31 860.28 185.36 21.53
2019-05-31 860.28 185.36 21.53
2019-02-28 837.31 173.28 28.17
2018-11-30 837.31 173.28 28.17
2018-08-31 784.35 130.50 29.96
2018-05-31 784.35 130.50 29.96
2018-02-28 744.53 106.03 33.54
2017-11-30 744.53 106.03 33.54
2017-08-31 644.90 81.52 19.59
2017-05-31 644.90 81.52 19.59
2017-02-28 376.78 10.37 71.98
2016-11-30 376.78 10.37 71.98
2016-08-31 270.11 28.48 0.40
2016-05-31 270.11 28.48 0.40
2016-02-29 259.88 31.03 5.30
2015-11-30 259.88 31.03 5.30
2015-08-31 260.93 21.51 1.19
2015-05-31 260.93 21.51 1.19
2015-02-28 248.32 24.16 5.16
2014-11-30 248.32 24.16 5.16
2014-08-31 223.55 15.68 4.87
2014-05-31 223.55 15.68 4.87
2014-02-28 216.16 12.51 4.76
2013-11-30 216.16 12.51 4.76
2013-08-31 212.99 12.67 4.64
2013-05-31 212.99 12.67 4.64
  • Huge Group's level of debt (21.5%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (7% vs 21.5% today).
  • Debt is well covered by operating cash flow (40.1%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 8.9x coverage).
X
Financial health checks
We assess Huge Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Huge Group has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

HUG Dividends

 What is Huge Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.78%
Current annual income from Huge Group dividends.
If you bought ZAR2,000 of Huge Group shares you are expected to receive ZAR56 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Huge Group's pays a lower dividend yield than the bottom 25% of dividend payers in South Africa (4.56%).
  • Huge Group's dividend is below the markets top 25% of dividend payers in South Africa (13.83%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
JSE:HUG Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Africa Telecom Industry Average Dividend Yield Market Cap Weighted Average of 8 Stocks 6.1%
South Africa Market Average Dividend Yield Market Cap Weighted Average of 171 Stocks 5.6%
South Africa Minimum Threshold Dividend Yield 10th Percentile 2.7%
South Africa Bottom 25% Dividend Yield 25th Percentile 4.6%
South Africa Top 25% Dividend Yield 75th Percentile 13.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

JSE:HUG Past Annualized Dividends Data
Date (Data in ZAR) Dividend per share (annual) Avg. Yield (%)
2019-11-21 0.125 2.493
2019-06-28 0.125 2.289
2019-06-03 0.125 2.148
2017-06-29 0.000 0.000
2017-05-23 0.000 0.000
2016-11-30 0.000 0.000
2016-08-10 0.000 0.000
2016-05-26 0.000 0.000
2015-11-27 0.080 1.695
2015-06-11 0.040 1.061
2009-12-02 0.000 0.000
2009-05-29 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Huge Group has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Dividend payments have increased, but Huge Group only paid a dividend in the past 5 years.
Current Payout to shareholders
What portion of Huge Group's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.1x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Huge Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 2.7%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Huge Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Huge Group has a total score of 1/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

HUG Management

 What is the CEO of Huge Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
James Herbst
COMPENSATION ZAR3,998,059
AGE 48
TENURE AS CEO 12.2 years
CEO Bio

Mr. James Charles Herbst, BComm, BAcc, CA(SA), has been an Executive Director of Huge Group Ltd. since September 2006 and its Chief Executive Officer since 2008. He served as the Chief Executive Officer at Huge Telecom Proprietary Limited and serves as its Director. Mr. Herbst served as an Acting Financial Director of Huge Group since June 2011. He served as a Secretary of Huge Group Ltd., until August 1, 2012. He served as the Chief Financial Officer and Financial Director of Huge Group. He served as a Financial Director of Telecommunications at VOX Telecom Limited from June 30, 2004 to November 27, 2005. He has sound experience in corporate finance, corporate law, investment banking, investment management and in taking startup companies to great heights. He worked for one of South Africa’s largest private fund management firms, Fleming Martin Private Asset Management. During his career as an Investment Manager and Investment Analyst, he managed full discretionary funds. He left formal investment employment in 2001 to start a private equity business that later culminated in the listing of Level 4IT Services with its subsequent acquisition of DataPro. During his tenure as group Financial Director of DataPro, Mr. Herbst was instrumental in the acquisition of Atlantic Internet and in marketing the investment profile of it. Having completed his service contract, he went on to pursue personal corporate finance and deal-making with the launch of Whiteley Rose Herbst Corporate Advisors. He successfully acted as adviser to the sale of Definity Telecoms to DataPro in 2006. He has completed over R1 billion of transactions since 2001. He has over five years ICT experience and has a keen interest in telecommunications and a passion for the industry and the potential it presents. He served as a Non Executive Director of Mine Restoration Investments Limited until September 3, 2013. He served as Non Executive Director of Capricorn Investment Holdings Limited. Mr. Herbst is a Chartered Financial Analyst.

CEO Compensation
  • James's compensation has been consistent with company performance over the past year, both up more than 20%.
  • James's remuneration is about average for companies of similar size in South Africa.
Management Team Tenure

Average tenure and age of the Huge Group management team in years:

1.2
Average Tenure
46.5
Average Age
  • The average tenure for the Huge Group management team is less than 2 years, this suggests a new team.
Management Team

James Herbst

TITLE
CEO & Executive Director
COMPENSATION
ZAR4M
AGE
48
TENURE
12.2 yrs

Stephanus Oberholzer

TITLE
Managing Director of Huge Networks
COMPENSATION
ZAR2M

C. W. Rowan

TITLE
Managing Director of Huge Software
COMPENSATION
ZAR674K

Samantha Sequeira

TITLE
CFO & Executive Director
AGE
30
TENURE
1 yrs

Andy Openshaw

TITLE
COO & Executive Director
AGE
55
TENURE
1 yrs

Rob Burger

TITLE
Managing Director of Huge Telecom
TENURE
1.2 yrs

Karen Robinson

TITLE
Company Secretary
AGE
41
TENURE
2.4 yrs

Geovanna Sutherland

TITLE
Managing Executive of Kwazulu
AGE
45

Amil De Moura

TITLE
Managing Executive of Information Systems
AGE
64
Board of Directors Tenure

Average tenure and age of the Huge Group board of directors in years:

3.3
Average Tenure
54
Average Age
  • The tenure for the Huge Group board of directors is about average.
Board of Directors

Duarte da Silva

TITLE
Non-Executive Chairman
COMPENSATION
ZAR747K
AGE
54
TENURE
4 yrs

James Herbst

TITLE
CEO & Executive Director
COMPENSATION
ZAR4M
AGE
48
TENURE
13.4 yrs

Samantha Sequeira

TITLE
CFO & Executive Director
AGE
30
TENURE
1 yrs

Andy Openshaw

TITLE
COO & Executive Director
AGE
55
TENURE
1 yrs

Dennis Gammie

TITLE
Independent Non-Executive Director
COMPENSATION
ZAR452K
AGE
65
TENURE
7.7 yrs

Steve Tredoux

TITLE
Lead Independent Non-Executive Director
COMPENSATION
ZAR425K
AGE
59

Vincent Mokholo

TITLE
Non-Executive Director
COMPENSATION
ZAR452K
AGE
46
TENURE
12.7 yrs

Craig Warwick Lyons

TITLE
Independent Non-Executive Director
COMPENSATION
ZAR452K
AGE
49
TENURE
2.7 yrs

Brian Armstrong

TITLE
Independent Non-Executive Director
COMPENSATION
ZAR452K
AGE
58
TENURE
2.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (ZAR) Value (ZAR)
28. Feb 20 Buy Silver Meadow Trading 3 (Pty) Ltd Company 27. Feb 20 27. Feb 20 59,409 ZAR4.90 ZAR291,104
22. Aug 19 Sell Elsabe van Heerden Individual 20. Aug 19 20. Aug 19 -38,000 ZAR5.90 ZAR-224,200
X
Management checks
We assess Huge Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Huge Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

HUG News

Simply Wall St News

HUG Company Info

Description

Huge Group Limited, an investment holding company, provides voice connectivity, messaging, and telephone management services in South Africa, Botswana, Lesotho, Mozambique, Namibia, eSwatini, Zambia, and Zimbabwe. It offers fixed location telephony services; voice, network connectivity, and payment services, including connectivity to the card payment terminals of merchants, payment service providers, and the commercial banks using managed and dual SIM connectivity over GSM data networks; and other services, such as ATMs, integrated points-of-sale, medical/script verifications, telemetry applications, micro-lending applications, and cash vaults. The company also provides network service and data communications, including market and sale of Internet data services, managed network solutions, branch connectivity, hosting services, and Website and system development; develops and licenses software for real time, permission based, and targeted advertising to mobile phones, as well as messaging software and systems; and develops accounting, billing, and rating software suites, as well as Webatar mobile application. Huge Group Limited was founded in 1993 and is headquartered in Johannesburg, South Africa.

Details
Name: Huge Group Limited
HUG
Exchange: JSE
Founded: 1993
ZAR743,589,729
165,242,162
Website: http://www.hugegroup.com
Address: Huge Group Limited
1 Melrose Boulevard,
Melrose Arch,
Johannesburg,
Gauteng, 2076,
South Africa
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
JSE HUG Ordinary Shares The Johannesburg Securities Exchange ZA ZAR 08. Aug 2007
Number of employees
Current staff
Staff numbers
0
Huge Group employees.
Industry
Alternative Carriers
Telecom
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/31 18:11
End of day share price update: 2020/03/30 00:00
Last earnings filing: 2019/11/21
Last earnings reported: 2019/08/31
Last annual earnings reported: 2019/02/28


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.