HENSOLDT AG (HAG.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:HAG - DE000HAG0005 - Common Stock
68.45 EUR
+0.3 (+0.44%)
HAG gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 48 industry peers in the Aerospace & Defense industry. HAG may be in some trouble as it scores bad on both profitability and health. HAG shows excellent growth, but is valued quite expensive already.
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.
In the past 5 years HAG always reported a positive cash flow from operatings.
1.2 Ratios
HAG has a worse Return On Assets (1.47%) than 70.83% of its industry peers.
HAG has a worse Return On Equity (8.66%) than 64.58% of its industry peers.
HAG's Return On Invested Capital of 5.50% is on the low side compared to the rest of the industry. HAG is outperformed by 68.75% of its industry peers.
HAG had an Average Return On Invested Capital over the past 3 years of 5.78%. This is below the industry average of 9.50%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.47% | ||
| ROE | 8.66% | ||
| ROIC | 5.5% |
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
With a Profit Margin value of 2.20%, HAG is not doing good in the industry: 68.75% of the companies in the same industry are doing better.
HAG's Profit Margin has improved in the last couple of years.
HAG's Operating Margin of 6.44% is on the low side compared to the rest of the industry. HAG is outperformed by 68.75% of its industry peers.
HAG's Operating Margin has improved in the last couple of years.
HAG has a Gross Margin of 20.53%. This is in the lower half of the industry: HAG underperforms 66.67% of its industry peers.
In the last couple of years the Gross Margin of HAG has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.44% | ||
| PM (TTM) | 2.2% | ||
| GM | 20.53% |
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.
HAG has about the same amout of shares outstanding than it did 1 year ago.
HAG has more shares outstanding than it did 5 years ago.
HAG has a worse debt/assets ratio than last year.
2.2 Solvency
HAG has an Altman-Z score of 2.27. This is not the best score and indicates that HAG is in the grey zone with still only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.27, HAG is doing worse than 62.50% of the companies in the same industry.
HAG has a debt to FCF ratio of 8.13. This is a slightly negative value and a sign of low solvency as HAG would need 8.13 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 8.13, HAG is in line with its industry, outperforming 45.83% of the companies in the same industry.
A Debt/Equity ratio of 1.84 is on the high side and indicates that HAG has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.84, HAG is doing worse than 81.25% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.84 | ||
| Debt/FCF | 8.13 | ||
| Altman-Z | 2.27 |
ROIC/WACC0.76
WACC7.23%
2.3 Liquidity
A Current Ratio of 1.22 indicates that HAG should not have too much problems paying its short term obligations.
HAG has a Current ratio (1.22) which is comparable to the rest of the industry.
HAG has a Quick Ratio of 1.22. This is a bad value and indicates that HAG is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.76, HAG is in line with its industry, outperforming 43.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.22 | ||
| Quick Ratio | 0.76 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 67.82% over the past year.
The Earnings Per Share has been growing by 75.20% on average over the past years. This is a very strong growth
The Revenue has grown by 17.51% in the past year. This is quite good.
The Revenue has been growing by 14.99% on average over the past years. This is quite good.
EPS 1Y (TTM)67.82%
EPS 3Y23.77%
EPS 5Y75.2%
EPS Q2Q%-41.18%
Revenue 1Y (TTM)17.51%
Revenue growth 3Y14.96%
Revenue growth 5Y14.99%
Sales Q2Q%12.12%
3.2 Future
HAG is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 23.49% yearly.
HAG is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 17.44% yearly.
EPS Next Y13.8%
EPS Next 2Y21.39%
EPS Next 3Y23%
EPS Next 5Y23.49%
Revenue Next Year11.95%
Revenue Next 2Y13.69%
Revenue Next 3Y15.02%
Revenue Next 5Y17.44%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in 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
HAG is valuated quite expensively with a Price/Earnings ratio of 46.88.
HAG's Price/Earnings ratio is in line with the industry average.
HAG is valuated expensively when we compare the Price/Earnings ratio to 26.15, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 31.82, the valuation of HAG can be described as expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of HAG indicates a slightly more expensive valuation: HAG is more expensive than 62.50% of the companies listed in the same industry.
HAG is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 36.22, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 46.88 | ||
| Fwd PE | 31.82 |
4.2 Price Multiples
62.50% of the companies in the same industry are cheaper than HAG, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of HAG is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 40.34 | ||
| EV/EBITDA | 22.43 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
A more expensive valuation may be justified as HAG's earnings are expected to grow with 23.00% in the coming years.
PEG (NY)3.4
PEG (5Y)0.62
EPS Next 2Y21.39%
EPS Next 3Y23%
5. Dividend
5.1 Amount
HAG has a yearly dividend return of 0.72%, which is pretty low.
The stock price of HAG dropped by -24.61% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
Compared to an average industry Dividend Yield of 1.21, HAG has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.32, HAG's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.72% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years4
5.3 Sustainability
HAG pays out 79.45% of its income as dividend. This is not a sustainable payout ratio.
DP79.45%
EPS Next 2Y21.39%
EPS Next 3Y23%
FRA:HAG (12/3/2025, 3:32:49 PM)
68.45
+0.3 (+0.44%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners30.43%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap7.91B
Revenue(TTM)3.32B
Net Income(TTM)73.00M
Analysts65.56
Price Target95.61 (39.68%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.72% |
Yearly Dividend0.4
Dividend Growth(5Y)N/A
DP79.45%
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)2
Avg Revenue beat(2)1.43%
Min Revenue beat(2)0.11%
Max Revenue beat(2)2.75%
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)3.18%
PT rev (3m)1.98%
EPS NQ rev (1m)26.15%
EPS NQ rev (3m)26.15%
EPS NY rev (1m)-0.68%
EPS NY rev (3m)-5.33%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.43%
Revenue NY rev (3m)-0.69%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 46.88 | ||
| Fwd PE | 31.82 | ||
| P/S | 2.38 | ||
| P/FCF | 40.34 | ||
| P/OCF | 19.86 | ||
| P/B | 9.38 | ||
| P/tB | N/A | ||
| EV/EBITDA | 22.43 |
EPS(TTM)1.46
EY2.13%
EPS(NY)2.15
Fwd EY3.14%
FCF(TTM)1.7
FCFY2.48%
OCF(TTM)3.45
OCFY5.03%
SpS28.76
BVpS7.3
TBVpS-8.27
PEG (NY)3.4
PEG (5Y)0.62
Graham Number15.48
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.47% | ||
| ROE | 8.66% | ||
| ROCE | 7.27% | ||
| ROIC | 5.5% | ||
| ROICexc | 6.71% | ||
| ROICexgc | 26.41% | ||
| OM | 6.44% | ||
| PM (TTM) | 2.2% | ||
| GM | 20.53% | ||
| FCFM | 5.9% |
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%
ROICexgc growth 3Y-15.34%
ROICexgc 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-Score5
Asset Turnover0.67
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.84 | ||
| Debt/FCF | 8.13 | ||
| Debt/EBITDA | 3.9 | ||
| Cap/Depr | 110.38% | ||
| Cap/Sales | 6.08% | ||
| Interest Coverage | 2.89 | ||
| Cash Conversion | 100.25% | ||
| Profit Quality | 268.49% | ||
| Current Ratio | 1.22 | ||
| Quick Ratio | 0.76 | ||
| Altman-Z | 2.27 |
F-Score5
WACC7.23%
ROIC/WACC0.76
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%-41.18%
EPS Next Y13.8%
EPS Next 2Y21.39%
EPS Next 3Y23%
EPS Next 5Y23.49%
Revenue 1Y (TTM)17.51%
Revenue growth 3Y14.96%
Revenue growth 5Y14.99%
Sales Q2Q%12.12%
Revenue Next Year11.95%
Revenue Next 2Y13.69%
Revenue Next 3Y15.02%
Revenue Next 5Y17.44%
EBIT growth 1Y19.55%
EBIT growth 3Y13.15%
EBIT growth 5Y23.93%
EBIT Next Year50.74%
EBIT Next 3Y30.4%
EBIT Next 5Y28.32%
FCF growth 1Y317.02%
FCF growth 3Y-16.94%
FCF growth 5Y110.7%
OCF growth 1Y174.48%
OCF growth 3Y1.41%
OCF growth 5Y30.26%
HENSOLDT AG / HAG.DE FAQ
Can you provide the ChartMill fundamental rating for HENSOLDT AG?
ChartMill assigns a fundamental rating of 4 / 10 to HAG.DE.
What is the valuation status of HENSOLDT AG (HAG.DE) stock?
ChartMill assigns a valuation rating of 2 / 10 to HENSOLDT AG (HAG.DE). This can be considered as Overvalued.
What is the profitability of HAG stock?
HENSOLDT AG (HAG.DE) has a profitability rating of 3 / 10.
How financially healthy is HENSOLDT AG?
The financial health rating of HENSOLDT AG (HAG.DE) is 2 / 10.
What is the expected EPS growth for HENSOLDT AG (HAG.DE) stock?
The Earnings per Share (EPS) of HENSOLDT AG (HAG.DE) is expected to grow by 13.8% in the next year.