Hove AS (OCSE:HOVE) Research & Development: kr1.1 Mil (TTM As of Mar. 2026)


OCSE:HOVE Hove AS OCSE:HOVE
91 GF Score
Price kr5.46
GF Value kr6.53
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Hove AS Research & Development?

Hove AS OCSE:HOVE -1.80% 91 Research & Development is kr1.1 Mil as of Mar. 2026. GuruFocus rates OCSE:HOVE with a GF Score™ of 91/100 and a GF Value™ of kr6.53 (Modestly Undervalued). The stock has 1 warning sign investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Hove AS's Research & Development for the three months ended in Mar. 2026 was kr0.3 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was kr1.1 Mil.

Hove AS  (OCSE:HOVE) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Hove AS Research & Development Related Terms

Hove AS Research & Development Historical Data

* Premium members only.

The historical data trend for Hove AS's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Hove AS Research & Development Chart

Hove AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial 0.00 0.00 0.85 1.04 0.96

Hove AS Quarterly Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.16 0.19 0.16 0.44 0.31
OCSE:HOVE
91GF Score
Hove AS OCSE:HOVE
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Hove AS Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr1.1 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of kr1.1 Mil mean?
Hove AS (OCSE:HOVE) has a Research & Development of kr1.1 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Hove AS and its competitors.
Is Hove AS's Research & Development too high?
Hove AS's current Research & Development is kr1.1 Mil. Overall, Hove AS has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hove AS's Research & Development compare to LIN and SHW?
Hove AS's Research & Development of kr1.1 Mil can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Chemicals company?
A good Research & Development depends on the Chemicals industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Hove AS and its competitors. Hove AS's current Research & Development is kr1.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hove AS stock overvalued right now?
Based on GuruFocus' analysis, Hove AS (OCSE:HOVE) is currently considered Modestly Undervalued. The stock's GF Value™ is kr6.53, compared to a current price of kr5.46 — trading 16.4% below its estimated fair value. The current Research & Development is kr1.1 Mil. Hove AS's overall GF Score™ is 91/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Hove AS (OCSE:HOVE), the current Research & Development is kr1.1 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hove AS (OCSE:HOVE) Overvalued in 2026?

Based on GuruFocus' analysis, Hove AS stock appears to be undervalued. The current stock price of kr5.46 is trading 16.4% below its estimated GF Value™ of kr6.53. GuruFocus considers Hove AS to be Modestly Undervalued.

Key valuation signals for OCSE:HOVE:

  • Research & Development: kr1.1 Mil
  • GF Value™: kr6.53 vs. price of kr5.46 (16.4% below fair value)
  • GF Score™: 91/100 with 1 warning sign

No single metric tells the full story. See the OCSE:HOVE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hove AS Business Description

Other Exchanges LL0:Germany
Address Herstedostervej 7, Glostrup, DNK, 2600
Hove AS develops, produces, and supplies lubrication solutions for mechanical bearings in the wind turbine industry. The company's solutions are Hove Smart Lube, Hove Carry, Lubrication Solutions, Beinlich Pumps, and others.
91GF Score

Get the complete analysis for OCSE:HOVE

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr5.46
Price
kr6.53
GF Value