HORNBACH HOLDING AG & CO KGA (HBH.DE) Stock Fundamental Analysis
FRA:HBH - Deutsche Boerse Ag - DE0006083405 - Common Stock - Currency: EUR
We assign a fundamental rating of 5 out of 10 to HBH. HBH was compared to 56 industry peers in the Specialty Retail industry. HBH has an average financial health and profitability rating. HBH scores decently on growth, while it is valued quite cheap. This could make an interesting combination.
1. Profitability
1.1 Basic Checks
HBH had positive earnings in the past year.
HBH had a positive operating cash flow in the past year.
In the past 5 years HBH has always been profitable.
HBH had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 3.05%, HBH is doing good in the industry, outperforming 69.64% of the companies in the same industry.
HBH's Return On Equity of 7.19% is fine compared to the rest of the industry. HBH outperforms 64.29% of its industry peers.
HBH has a better Return On Invested Capital (5.15%) than 62.50% of its industry peers.
The Average Return On Invested Capital over the past 3 years for HBH is below the industry average of 8.99%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.05% | ||
| ROE | 7.19% | ||
| ROIC | 5.15% |
ROA(3y)3.06%
ROA(5y)3.59%
ROE(3y)7.6%
ROE(5y)9.25%
ROIC(3y)5.42%
ROIC(5y)6.27%
1.3 Margins
The Profit Margin of HBH (2.27%) is better than 67.86% of its industry peers.
HBH's Profit Margin has been stable in the last couple of years.
HBH has a better Operating Margin (4.06%) than 71.43% of its industry peers.
HBH's Operating Margin has been stable in the last couple of years.
The Gross Margin of HBH (34.85%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of HBH has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.06% | ||
| PM (TTM) | 2.27% | ||
| GM | 34.85% |
OM growth 3Y-11.02%
OM growth 5Y-0.71%
PM growth 3Y-12.6%
PM growth 5Y0.44%
GM growth 3Y-0.17%
GM growth 5Y-0.55%
2. Health
2.1 Basic Checks
HBH has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
HBH has about the same amout of shares outstanding than it did 1 year ago.
HBH has about the same amout of shares outstanding than it did 5 years ago.
Compared to 1 year ago, HBH has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.52 indicates that HBH is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of HBH (2.52) is better than 66.07% of its industry peers.
HBH has a debt to FCF ratio of 12.59. This is a negative value and a sign of low solvency as HBH would need 12.59 years to pay back of all of its debts.
HBH has a Debt to FCF ratio of 12.59. This is comparable to the rest of the industry: HBH outperforms 48.21% of its industry peers.
HBH has a Debt/Equity ratio of 0.72. This is a neutral value indicating HBH is somewhat dependend on debt financing.
HBH has a Debt to Equity ratio (0.72) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | 12.59 | ||
| Altman-Z | 2.52 |
ROIC/WACC1.07
WACC4.81%
2.3 Liquidity
HBH has a Current Ratio of 1.50. This is a normal value and indicates that HBH is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.50, HBH is in the better half of the industry, outperforming 69.64% of the companies in the same industry.
HBH has a Quick Ratio of 1.50. This is a bad value and indicates that HBH is not financially healthy enough and could expect problems in meeting its short term obligations.
HBH's Quick ratio of 0.43 is on the low side compared to the rest of the industry. HBH is outperformed by 64.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.5 | ||
| Quick Ratio | 0.43 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 12.52% over the past year.
The Earnings Per Share has been growing slightly by 6.06% on average over the past years.
Looking at the last year, HBH shows a small growth in Revenue. The Revenue has grown by 0.63% in the last year.
The Revenue has been growing slightly by 5.57% on average over the past years.
EPS 1Y (TTM)12.52%
EPS 3Y-10.97%
EPS 5Y6.06%
EPS Q2Q%-71.75%
Revenue 1Y (TTM)0.63%
Revenue growth 3Y1.81%
Revenue growth 5Y5.57%
Sales Q2Q%1.2%
3.2 Future
Based on estimates for the next years, HBH will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.65% on average per year.
Based on estimates for the next years, HBH will show a small growth in Revenue. The Revenue will grow by 2.64% on average per year.
EPS Next Y8.3%
EPS Next 2Y8.22%
EPS Next 3Y6.47%
EPS Next 5Y11.65%
Revenue Next Year2.8%
Revenue Next 2Y2.8%
Revenue Next 3Y2.21%
Revenue Next 5Y2.64%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last 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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 9.95 indicates a reasonable valuation of HBH.
Compared to the rest of the industry, the Price/Earnings ratio of HBH indicates a rather cheap valuation: HBH is cheaper than 85.71% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.34, HBH is valued rather cheaply.
With a Price/Forward Earnings ratio of 8.62, the valuation of HBH can be described as very reasonable.
Based on the Price/Forward Earnings ratio, HBH is valued cheaper than 87.50% of the companies in the same industry.
HBH is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.19, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.95 | ||
| Fwd PE | 8.62 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, HBH is valued a bit cheaper than 73.21% of the companies in the same industry.
69.64% of the companies in the same industry are more expensive than HBH, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.44 | ||
| EV/EBITDA | 5.36 |
4.3 Compensation for Growth
HBH's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
HBH has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.2
PEG (5Y)1.64
EPS Next 2Y8.22%
EPS Next 3Y6.47%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.62%, HBH has a reasonable but not impressive dividend return.
HBH's Dividend Yield is a higher than the industry average which is at 4.89.
Compared to an average S&P500 Dividend Yield of 2.40, HBH has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.62% |
5.2 History
The dividend of HBH is nicely growing with an annual growth rate of 9.85%!
Dividend Growth(5Y)9.85%
Div Incr Years0
Div Non Decr Years7
5.3 Sustainability
27.28% of the earnings are spent on dividend by HBH. This is a low number and sustainable payout ratio.
HBH's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP27.28%
EPS Next 2Y8.22%
EPS Next 3Y6.47%
FRA:HBH (6/19/2025, 5:29:56 PM)
87.8
-0.9 (-1.01%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners37.45%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap1.40B
Analysts76.92
Price Target103.72 (18.13%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.62% |
Yearly Dividend2.4
Dividend Growth(5Y)9.85%
DP27.28%
Div Incr Years0
Div Non Decr Years7
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)5.5%
PT rev (3m)7.86%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-0.18%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.03%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.95 | ||
| Fwd PE | 8.62 | ||
| P/S | 0.23 | ||
| P/FCF | 10.44 | ||
| P/OCF | 4.41 | ||
| P/B | 0.72 | ||
| P/tB | 0.74 | ||
| EV/EBITDA | 5.36 |
EPS(TTM)8.82
EY10.05%
EPS(NY)10.18
Fwd EY11.6%
FCF(TTM)8.41
FCFY9.58%
OCF(TTM)19.9
OCFY22.67%
SpS387.51
BVpS122.21
TBVpS118.11
PEG (NY)1.2
PEG (5Y)1.64
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.05% | ||
| ROE | 7.19% | ||
| ROCE | 7.35% | ||
| ROIC | 5.15% | ||
| ROICexc | 5.65% | ||
| ROICexgc | 5.77% | ||
| OM | 4.06% | ||
| PM (TTM) | 2.27% | ||
| GM | 34.85% | ||
| FCFM | 2.17% |
ROA(3y)3.06%
ROA(5y)3.59%
ROE(3y)7.6%
ROE(5y)9.25%
ROIC(3y)5.42%
ROIC(5y)6.27%
ROICexc(3y)6.06%
ROICexc(5y)7.06%
ROICexgc(3y)6.15%
ROICexgc(5y)7.14%
ROCE(3y)7.9%
ROCE(5y)8.92%
ROICexcg growth 3Y-12.1%
ROICexcg growth 5Y1.73%
ROICexc growth 3Y-12.5%
ROICexc growth 5Y1.43%
OM growth 3Y-11.02%
OM growth 5Y-0.71%
PM growth 3Y-12.6%
PM growth 5Y0.44%
GM growth 3Y-0.17%
GM growth 5Y-0.55%
F-Score6
Asset Turnover1.34
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | 12.59 | ||
| Debt/EBITDA | 2.79 | ||
| Cap/Depr | 73.39% | ||
| Cap/Sales | 2.97% | ||
| Interest Coverage | 4.42 | ||
| Cash Conversion | 63.36% | ||
| Profit Quality | 95.63% | ||
| Current Ratio | 1.5 | ||
| Quick Ratio | 0.43 | ||
| Altman-Z | 2.52 |
F-Score6
WACC4.81%
ROIC/WACC1.07
Cap/Depr(3y)71.93%
Cap/Depr(5y)74.88%
Cap/Sales(3y)2.99%
Cap/Sales(5y)2.97%
Profit Quality(3y)154.75%
Profit Quality(5y)132.77%
High Growth Momentum
Growth
EPS 1Y (TTM)12.52%
EPS 3Y-10.97%
EPS 5Y6.06%
EPS Q2Q%-71.75%
EPS Next Y8.3%
EPS Next 2Y8.22%
EPS Next 3Y6.47%
EPS Next 5Y11.65%
Revenue 1Y (TTM)0.63%
Revenue growth 3Y1.81%
Revenue growth 5Y5.57%
Sales Q2Q%1.2%
Revenue Next Year2.8%
Revenue Next 2Y2.8%
Revenue Next 3Y2.21%
Revenue Next 5Y2.64%
EBIT growth 1Y11.61%
EBIT growth 3Y-9.41%
EBIT growth 5Y4.82%
EBIT Next Year105.34%
EBIT Next 3Y29.49%
EBIT Next 5Y29.46%
FCF growth 1Y-52.7%
FCF growth 3Y-6.83%
FCF growth 5Y-6.99%
OCF growth 1Y-30%
OCF growth 3Y-2.63%
OCF growth 5Y-0.37%