HENSOLDT AG (HAG.DE) Stock Fundamental Analysis
Europe - FRA:HAG - DE000HAG0005 - Common Stock
103.1 EUR
-0.7 (-0.67%)
We assign a fundamental rating of 4 out of 10 to HAG. HAG was compared to 48 industry peers in the Aerospace & Defense industry. There are concerns on the financial health of HAG while its profitability can be described as average. HAG is valued quite expensively, but it does show have an excellent growth rating.
1. Profitability
1.1 Basic Checks
HAG had positive earnings in the past year.
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
Looking at the Return On Assets, with a value of 0.86%, HAG is doing worse than 70.83% of the companies in the same industry.
HAG's Return On Equity of 4.78% is on the low side compared to the rest of the industry. HAG is outperformed by 68.75% of its industry peers.
The Return On Invested Capital of HAG (5.93%) is worse than 60.42% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for HAG is below the industry average of 9.20%.
The 3 year average ROIC (5.78%) for HAG is below the current ROIC(5.93%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.86% | ||
| ROE | 4.78% | ||
| ROIC | 5.93% |
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 1.23%, HAG is not doing good in the industry: 68.75% of the companies in the same industry are doing better.
In the last couple of years the Profit Margin of HAG has grown nicely.
HAG has a worse Operating Margin (6.29%) than 70.83% of its industry peers.
HAG's Operating Margin has improved in the last couple of years.
The Gross Margin of HAG (20.56%) is worse than 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 | 6.29% | ||
| PM (TTM) | 1.23% | ||
| GM | 20.56% |
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.
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 2.99 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 2.99, HAG is in line with its industry, outperforming 58.33% of the companies in the same industry.
HAG has a debt to FCF ratio of 12.63. This is a negative value and a sign of low solvency as HAG would need 12.63 years to pay back of all of its debts.
With a Debt to FCF ratio value of 12.63, HAG is not doing good in the industry: 70.83% of the companies in the same industry are doing better.
HAG has a Debt/Equity ratio of 1.49. This is a high value indicating a heavy dependency on external financing.
HAG has a worse Debt to Equity ratio (1.49) than 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.49 | ||
| Debt/FCF | 12.63 | ||
| Altman-Z | 2.99 |
ROIC/WACC0.84
WACC7.07%
2.3 Liquidity
HAG has a Current Ratio of 1.07. This is a normal value and indicates that HAG is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.07, HAG perfoms like the industry average, outperforming 41.67% of the companies in the same industry.
A Quick Ratio of 0.64 indicates that HAG may have some problems paying its short term obligations.
With a Quick ratio value of 0.64, HAG is not doing good in the industry: 62.50% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.07 | ||
| Quick Ratio | 0.64 |
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.
Measured over the past years, HAG shows a very strong growth in Earnings Per Share. The EPS has been growing by 75.20% on average per year.
HAG shows a strong growth in Revenue. In the last year, the Revenue has grown by 20.27%.
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%-71.43%
Revenue 1Y (TTM)20.27%
Revenue growth 3Y14.96%
Revenue growth 5Y14.99%
Sales Q2Q%5.58%
3.2 Future
The Earnings Per Share is expected to grow by 26.26% on average over the next years. This is a very strong growth
HAG is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 17.05% yearly.
EPS Next Y20.2%
EPS Next 2Y24.12%
EPS Next 3Y24.29%
EPS Next 5Y26.26%
Revenue Next Year12.39%
Revenue Next 2Y13.5%
Revenue Next 3Y14.76%
Revenue Next 5Y17.05%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 70.62, HAG can be considered very expensive at the moment.
HAG's Price/Earnings ratio is a bit more expensive when compared to the industry. HAG is more expensive than 68.75% 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 27.06.
A Price/Forward Earnings ratio of 45.84 indicates a quite expensive valuation of HAG.
Based on the Price/Forward Earnings ratio, HAG is valued a bit more expensive than 77.08% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.64. HAG is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 70.62 | ||
| Fwd PE | 45.84 |
4.2 Price Multiples
72.92% of the companies in the same industry are cheaper than HAG, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, HAG is valued a bit more expensive than the industry average as 68.75% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 104.46 | ||
| EV/EBITDA | 34.66 |
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.
HAG's earnings are expected to grow with 24.29% in the coming years. This may justify a more expensive valuation.
PEG (NY)3.5
PEG (5Y)0.94
EPS Next 2Y24.12%
EPS Next 3Y24.29%
5. Dividend
5.1 Amount
HAG has a yearly dividend return of 0.53%, which is pretty low.
HAG's Dividend Yield is comparable with the industry average which is at 1.18.
With a Dividend Yield of 0.53, HAG pays less dividend than the S&P500 average, which is at 2.38.
| 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 145.00% of its income as dividend. This is not a sustainable payout ratio.
DP145%
EPS Next 2Y24.12%
EPS Next 3Y24.29%
FRA:HAG (9/26/2025, 5:36:15 PM)
103.1
-0.7 (-0.67%)
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 Cap11.91B
Analysts65.88
Price Target92.66 (-10.13%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.53% |
Yearly Dividend0.4
Dividend Growth(5Y)N/A
DP145%
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)0.2%
PT rev (3m)25.45%
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-8.11%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.31%
Revenue NY rev (3m)-1.3%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 70.62 | ||
| Fwd PE | 45.84 | ||
| P/S | 3.66 | ||
| P/FCF | 104.46 | ||
| P/OCF | 37.21 | ||
| P/B | 14.24 | ||
| P/tB | N/A | ||
| EV/EBITDA | 34.66 |
EPS(TTM)1.46
EY1.42%
EPS(NY)2.25
Fwd EY2.18%
FCF(TTM)0.99
FCFY0.96%
OCF(TTM)2.77
OCFY2.69%
SpS28.21
BVpS7.24
TBVpS-8.29
PEG (NY)3.5
PEG (5Y)0.94
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.86% | ||
| ROE | 4.78% | ||
| ROCE | 7.83% | ||
| ROIC | 5.93% | ||
| ROICexc | 6.77% | ||
| ROICexgc | 31.2% | ||
| OM | 6.29% | ||
| PM (TTM) | 1.23% | ||
| GM | 20.56% | ||
| FCFM | 3.5% |
ROA(3y)2.14%
ROA(5y)1.27%
ROE(3y)10.63%
ROE(5y)5.56%
ROIC(3y)5.78%
ROIC(5y)5.27%
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-Score5
Asset Turnover0.7
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.49 | ||
| Debt/FCF | 12.63 | ||
| Debt/EBITDA | 3.3 | ||
| Cap/Depr | 119.08% | ||
| Cap/Sales | 6.32% | ||
| Interest Coverage | 2.66 | ||
| Cash Conversion | 84.66% | ||
| Profit Quality | 285% | ||
| Current Ratio | 1.07 | ||
| Quick Ratio | 0.64 | ||
| Altman-Z | 2.99 |
F-Score5
WACC7.07%
ROIC/WACC0.84
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%-71.43%
EPS Next Y20.2%
EPS Next 2Y24.12%
EPS Next 3Y24.29%
EPS Next 5Y26.26%
Revenue 1Y (TTM)20.27%
Revenue growth 3Y14.96%
Revenue growth 5Y14.99%
Sales Q2Q%5.58%
Revenue Next Year12.39%
Revenue Next 2Y13.5%
Revenue Next 3Y14.76%
Revenue Next 5Y17.05%
EBIT growth 1Y13.89%
EBIT growth 3Y13.15%
EBIT growth 5Y23.93%
EBIT Next Year52.77%
EBIT Next 3Y29.67%
EBIT Next 5Y25.75%
FCF growth 1Y-28.3%
FCF growth 3Y-16.94%
FCF growth 5Y110.7%
OCF growth 1Y24.03%
OCF growth 3Y1.41%
OCF growth 5Y30.26%