HENSOLDT AG (HAG.DE) Stock Fundamental Analysis
FRA:HAG - Deutsche Boerse Ag - DE000HAG0005 - Common Stock - Currency: EUR
We assign a fundamental rating of 4 out of 10 to HAG. HAG was compared to 46 industry peers in the Aerospace & Defense industry. HAG has a medium profitability rating, but doesn't score so well on its financial health evaluation. HAG is valued quite expensively, but it does show have an excellent growth rating.
1. Profitability
1.1 Basic Checks
In the past year HAG was profitable.
In the past year HAG had a positive cash flow from operations.
Of the past 5 years HAG 4 years were profitable.
Each year in the past 5 years HAG had a positive operating cash flow.
1.2 Ratios
The Return On Assets of HAG (1.20%) is worse than 65.22% of its industry peers.
HAG's Return On Equity of 6.33% is in line compared to the rest of the industry. HAG outperforms 41.30% of its industry peers.
HAG has a Return On Invested Capital (5.26%) which is in line with its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for HAG is below the industry average of 8.83%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.2% | ||
| ROE | 6.33% | ||
| ROIC | 5.26% |
ROA(3y)2.14%
ROA(5y)1.27%
ROE(3y)10.63%
ROE(5y)5.56%
ROIC(3y)5.78%
ROIC(5y)5.27%
1.3 Margins
HAG has a Profit Margin of 1.80%. This is in the lower half of the industry: HAG underperforms 65.22% of its industry peers.
HAG's Profit Margin has improved in the last couple of years.
HAG's Operating Margin of 6.42% is on the low side compared to the rest of the industry. HAG is outperformed by 63.04% of its industry peers.
In the last couple of years the Operating Margin of HAG has grown nicely.
With a Gross Margin value of 21.37%, HAG is not doing good in the industry: 60.87% of the companies in the same industry are doing better.
HAG's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.42% | ||
| PM (TTM) | 1.8% | ||
| GM | 21.37% |
OM growth 3Y-1.57%
OM growth 5Y7.78%
PM growth 3Y4.27%
PM growth 5Y55.45%
GM growth 3Y0.46%
GM growth 5Y-0.17%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so HAG is destroying value.
Compared to 1 year ago, HAG has about the same amount of shares outstanding.
The number of shares outstanding for HAG has been increased compared to 5 years ago.
The debt/assets ratio for HAG is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.80 indicates that HAG is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.80, HAG is in the better half of the industry, outperforming 60.87% of the companies in the same industry.
HAG has a debt to FCF ratio of 17.26. This is a negative value and a sign of low solvency as HAG would need 17.26 years to pay back of all of its debts.
HAG has a Debt to FCF ratio of 17.26. This is in the lower half of the industry: HAG underperforms 71.74% of its industry peers.
HAG has a Debt/Equity ratio of 1.63. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of HAG (1.63) is worse than 76.09% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.63 | ||
| Debt/FCF | 17.26 | ||
| Altman-Z | 2.8 |
ROIC/WACC0.7
WACC7.55%
2.3 Liquidity
A Current Ratio of 1.26 indicates that HAG should not have too much problems paying its short term obligations.
HAG has a better Current ratio (1.26) than 60.87% of its industry peers.
A Quick Ratio of 0.81 indicates that HAG may have some problems paying its short term obligations.
With a Quick ratio value of 0.81, HAG perfoms like the industry average, outperforming 54.35% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.26 | ||
| Quick Ratio | 0.81 |
3. Growth
3.1 Past
HAG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 67.82%, which is quite impressive.
HAG shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 75.20% yearly.
Looking at the last year, HAG shows a very strong growth in Revenue. The Revenue has grown by 22.31%.
HAG shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 14.99% yearly.
EPS 1Y (TTM)67.82%
EPS 3Y23.77%
EPS 5Y75.2%
EPS Q2Q%-100%
Revenue 1Y (TTM)22.31%
Revenue growth 3Y14.96%
Revenue growth 5Y14.99%
Sales Q2Q%20.06%
3.2 Future
Based on estimates for the next years, HAG will show a very strong growth in Earnings Per Share. The EPS will grow by 21.93% on average per year.
HAG is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 13.88% yearly.
EPS Next Y30.8%
EPS Next 2Y25.5%
EPS Next 3Y25.2%
EPS Next 5Y21.93%
Revenue Next Year13.86%
Revenue Next 2Y13.07%
Revenue Next 3Y12.86%
Revenue Next 5Y13.88%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 63.42 indicates a quite expensive valuation of HAG.
HAG's Price/Earnings ratio is a bit more expensive when compared to the industry. HAG is more expensive than 60.87% of the companies in the same industry.
HAG's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 26.34.
With a Price/Forward Earnings ratio of 40.27, HAG can be considered very expensive at the moment.
Based on the Price/Forward Earnings ratio, HAG is valued a bit more expensive than 71.74% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of HAG to the average of the S&P500 Index (22.19), we can say HAG is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 63.42 | ||
| Fwd PE | 40.27 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, HAG is valued a bit more expensive than 67.39% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, HAG is valued a bit more expensive than 69.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 121.54 | ||
| EV/EBITDA | 30.85 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates HAG does not grow enough to justify the current Price/Earnings ratio.
A more expensive valuation may be justified as HAG's earnings are expected to grow with 25.20% in the coming years.
PEG (NY)2.06
PEG (5Y)0.84
EPS Next 2Y25.5%
EPS Next 3Y25.2%
5. Dividend
5.1 Amount
HAG has a yearly dividend return of 0.53%, which is pretty low.
HAG's Dividend Yield is slightly below the industry average, which is at 1.28.
Compared to an average S&P500 Dividend Yield of 2.40, HAG's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.53% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years4
5.3 Sustainability
HAG pays out 80.70% of its income as dividend. This is not a sustainable payout ratio.
DP80.7%
EPS Next 2Y25.5%
EPS Next 3Y25.2%
FRA:HAG (6/18/2025, 7:00:00 PM)
92.6
+0.65 (+0.71%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners26.08%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap10.70B
Analysts51.11
Price Target67.35 (-27.27%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.53% |
Yearly Dividend0.4
Dividend Growth(5Y)N/A
DP80.7%
Div Incr Years1
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)11.17%
PT rev (3m)27.14%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-2.48%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.84%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 63.42 | ||
| Fwd PE | 40.27 | ||
| P/S | 3.38 | ||
| P/FCF | 121.54 | ||
| P/OCF | 36.26 | ||
| P/B | 11.87 | ||
| P/tB | N/A | ||
| EV/EBITDA | 30.85 |
EPS(TTM)1.46
EY1.58%
EPS(NY)2.3
Fwd EY2.48%
FCF(TTM)0.76
FCFY0.82%
OCF(TTM)2.55
OCFY2.76%
SpS27.39
BVpS7.8
TBVpS-7.66
PEG (NY)2.06
PEG (5Y)0.84
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.2% | ||
| ROE | 6.33% | ||
| ROCE | 6.95% | ||
| ROIC | 5.26% | ||
| ROICexc | 6.6% | ||
| ROICexgc | 28.44% | ||
| OM | 6.42% | ||
| PM (TTM) | 1.8% | ||
| GM | 21.37% | ||
| FCFM | 2.78% |
ROA(3y)2.14%
ROA(5y)1.27%
ROE(3y)10.63%
ROE(5y)5.56%
ROIC(3y)5.78%
ROIC(5y)5.27%
ROICexc(3y)8.33%
ROICexc(5y)7.79%
ROICexgc(3y)46.8%
ROICexgc(5y)N/A
ROCE(3y)7.64%
ROCE(5y)6.97%
ROICexcg growth 3Y-15.34%
ROICexcg growth 5Y36.61%
ROICexc growth 3Y-6.65%
ROICexc growth 5Y16.6%
OM growth 3Y-1.57%
OM growth 5Y7.78%
PM growth 3Y4.27%
PM growth 5Y55.45%
GM growth 3Y0.46%
GM growth 5Y-0.17%
F-Score4
Asset Turnover0.66
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.63 | ||
| Debt/FCF | 17.26 | ||
| Debt/EBITDA | 3.93 | ||
| Cap/Depr | 121.05% | ||
| Cap/Sales | 6.54% | ||
| Interest Coverage | 2.78 | ||
| Cash Conversion | 78.88% | ||
| Profit Quality | 154.39% | ||
| Current Ratio | 1.26 | ||
| Quick Ratio | 0.81 | ||
| Altman-Z | 2.8 |
F-Score4
WACC7.55%
ROIC/WACC0.7
Cap/Depr(3y)108.33%
Cap/Depr(5y)97.31%
Cap/Sales(3y)6.89%
Cap/Sales(5y)7.13%
Profit Quality(3y)192.38%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)67.82%
EPS 3Y23.77%
EPS 5Y75.2%
EPS Q2Q%-100%
EPS Next Y30.8%
EPS Next 2Y25.5%
EPS Next 3Y25.2%
EPS Next 5Y21.93%
Revenue 1Y (TTM)22.31%
Revenue growth 3Y14.96%
Revenue growth 5Y14.99%
Sales Q2Q%20.06%
Revenue Next Year13.86%
Revenue Next 2Y13.07%
Revenue Next 3Y12.86%
Revenue Next 5Y13.88%
EBIT growth 1Y10.33%
EBIT growth 3Y13.15%
EBIT growth 5Y23.93%
EBIT Next Year52.77%
EBIT Next 3Y29.67%
EBIT Next 5Y21.9%
FCF growth 1Y-32.82%
FCF growth 3Y-16.94%
FCF growth 5Y110.7%
OCF growth 1Y28.82%
OCF growth 3Y1.41%
OCF growth 5Y30.26%