HENKEL AG & CO KGAA (HEN.DE) Stock Fundamental Analysis
Europe - FRA:HEN - DE0006048408 - Common Stock
63.55 EUR
-0.25 (-0.39%)
Overall HEN gets a fundamental rating of 5 out of 10. We evaluated HEN against 8 industry peers in the Household Products industry. HEN is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. HEN has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
HEN had positive earnings in the past year.
HEN had a positive operating cash flow in the past year.
In the past 5 years HEN has always been profitable.
Each year in the past 5 years HEN had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 5.69%, HEN is in line with its industry, outperforming 50.00% of the companies in the same industry.
Looking at the Return On Equity, with a value of 9.24%, HEN is doing worse than 62.50% of the companies in the same industry.
HEN has a Return On Invested Capital of 8.43%. This is in the lower half of the industry: HEN underperforms 62.50% of its industry peers.
HEN had an Average Return On Invested Capital over the past 3 years of 7.40%. This is significantly below the industry average of 18.07%.
The 3 year average ROIC (7.40%) for HEN is below the current ROIC(8.43%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.69% | ||
| ROE | 9.24% | ||
| ROIC | 8.43% |
ROA(3y)4.55%
ROA(5y)4.66%
ROE(3y)7.37%
ROE(5y)7.67%
ROIC(3y)7.4%
ROIC(5y)7.4%
1.3 Margins
HEN's Profit Margin of 9.30% is in line compared to the rest of the industry. HEN outperforms 50.00% of its industry peers.
In the last couple of years the Profit Margin of HEN has declined.
Looking at the Operating Margin, with a value of 14.05%, HEN is doing worse than 62.50% of the companies in the same industry.
HEN's Operating Margin has declined in the last couple of years.
HEN has a Gross Margin (50.60%) which is comparable to the rest of the industry.
In the last couple of years the Gross Margin of HEN has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.05% | ||
| PM (TTM) | 9.3% | ||
| GM | 50.6% |
OM growth 3Y5.49%
OM growth 5Y-2.31%
PM growth 3Y4.52%
PM growth 5Y-2.15%
GM growth 3Y3.84%
GM growth 5Y1.81%
2. Health
2.1 Basic Checks
HEN has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, HEN has about the same amount of shares outstanding.
HEN has less shares outstanding than it did 5 years ago.
HEN has a worse debt/assets ratio than last year.
2.2 Solvency
HEN has an Altman-Z score of 3.10. This indicates that HEN is financially healthy and has little risk of bankruptcy at the moment.
HEN has a better Altman-Z score (3.10) than 62.50% of its industry peers.
HEN has a debt to FCF ratio of 1.43. This is a very positive value and a sign of high solvency as it would only need 1.43 years to pay back of all of its debts.
HEN has a better Debt to FCF ratio (1.43) than 100.00% of its industry peers.
A Debt/Equity ratio of 0.09 indicates that HEN is not too dependend on debt financing.
HEN's Debt to Equity ratio of 0.09 is amongst the best of the industry. HEN outperforms 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 1.43 | ||
| Altman-Z | 3.1 |
ROIC/WACC1.25
WACC6.72%
2.3 Liquidity
A Current Ratio of 1.21 indicates that HEN should not have too much problems paying its short term obligations.
HEN's Current ratio of 1.21 is amongst the best of the industry. HEN outperforms 100.00% of its industry peers.
A Quick Ratio of 0.93 indicates that HEN may have some problems paying its short term obligations.
With an excellent Quick ratio value of 0.93, HEN belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.21 | ||
| Quick Ratio | 0.93 |
3. Growth
3.1 Past
HEN shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -9.65%.
HEN shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 4.39% yearly.
The Revenue has been growing slightly by 1.08% in the past year.
Measured over the past years, HEN shows a small growth in Revenue. The Revenue has been growing by 4.13% on average per year.
EPS 1Y (TTM)-9.65%
EPS 3Y0.43%
EPS 5Y4.39%
EPS Q2Q%N/A
Revenue 1Y (TTM)1.08%
Revenue growth 3Y2.43%
Revenue growth 5Y4.13%
Sales Q2Q%-6.11%
3.2 Future
The Earnings Per Share is expected to grow by 0.10% on average over the next years.
The Revenue is expected to grow by 1.45% on average over the next years.
EPS Next Y-19.66%
EPS Next 2Y-7.54%
EPS Next 3Y-9.55%
EPS Next 5Y0.1%
Revenue Next Year-4.4%
Revenue Next 2Y-0.2%
Revenue Next 3Y3.57%
Revenue Next 5Y1.45%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less 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
Based on the Price/Earnings ratio of 11.70, the valuation of HEN can be described as reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of HEN indicates a rather cheap valuation: HEN is cheaper than 100.00% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of HEN to the average of the S&P500 Index (27.86), we can say HEN is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 13.69, the valuation of HEN can be described as correct.
Based on the Price/Forward Earnings ratio, HEN is valued cheaper than 100.00% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of HEN to the average of the S&P500 Index (23.32), we can say HEN is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.7 | ||
| Fwd PE | 13.69 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, HEN is valued cheaper than 100.00% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, HEN is valued cheaper than 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.16 | ||
| EV/EBITDA | 6.83 |
4.3 Compensation for Growth
A cheap valuation may be justified as HEN's earnings are expected to decrease with -9.55% in the coming years.
PEG (NY)N/A
PEG (5Y)2.67
EPS Next 2Y-7.54%
EPS Next 3Y-9.55%
5. Dividend
5.1 Amount
HEN has a Yearly Dividend Yield of 2.92%.
Compared to an average industry Dividend Yield of 3.18, HEN has a dividend in line with its industry peers.
HEN's Dividend Yield is comparable with the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.92% |
5.2 History
The dividend of HEN has a limited annual growth rate of 0.01%.
Dividend Growth(5Y)0.01%
Div Incr Years1
Div Non Decr Years4
5.3 Sustainability
HEN pays out 38.42% of its income as dividend. This is a sustainable payout ratio.
HEN's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP38.42%
EPS Next 2Y-7.54%
EPS Next 3Y-9.55%
FRA:HEN (10/6/2025, 5:36:15 PM)
63.55
-0.25 (-0.39%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupHousehold & Personal Products
GICS IndustryHousehold Products
Earnings (Last)
Earnings (Next)
Inst Owners33.43%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap27.83B
Analysts73.1
Price Target75.86 (19.37%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.92% |
Yearly Dividend1.84
Dividend Growth(5Y)0.01%
DP38.42%
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)0
Avg Revenue beat(2)-3.07%
Min Revenue beat(2)-4.15%
Max Revenue beat(2)-1.99%
Revenue beat(4)0
Avg Revenue beat(4)-2.84%
Min Revenue beat(4)-4.15%
Max Revenue beat(4)-1.2%
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)0.98%
PT rev (3m)-0.05%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0.1%
EPS NY rev (3m)-2%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-0.86%
Revenue NY rev (3m)-4.28%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.7 | ||
| Fwd PE | 13.69 | ||
| P/S | 1.29 | ||
| P/FCF | 11.16 | ||
| P/OCF | 8.92 | ||
| P/B | 1.28 | ||
| P/tB | 9.43 | ||
| EV/EBITDA | 6.83 |
EPS(TTM)5.43
EY8.54%
EPS(NY)4.64
Fwd EY7.3%
FCF(TTM)5.69
FCFY8.96%
OCF(TTM)7.12
OCFY11.21%
SpS49.29
BVpS49.62
TBVpS6.74
PEG (NY)N/A
PEG (5Y)2.67
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.69% | ||
| ROE | 9.24% | ||
| ROCE | 11.58% | ||
| ROIC | 8.43% | ||
| ROICexc | 9.96% | ||
| ROICexgc | 65.47% | ||
| OM | 14.05% | ||
| PM (TTM) | 9.3% | ||
| GM | 50.6% | ||
| FCFM | 11.55% |
ROA(3y)4.55%
ROA(5y)4.66%
ROE(3y)7.37%
ROE(5y)7.67%
ROIC(3y)7.4%
ROIC(5y)7.4%
ROICexc(3y)8.21%
ROICexc(5y)8.46%
ROICexgc(3y)38.07%
ROICexgc(5y)50.87%
ROCE(3y)10.33%
ROCE(5y)10.33%
ROICexcg growth 3Y-20.16%
ROICexcg growth 5Y2.75%
ROICexc growth 3Y0.22%
ROICexc growth 5Y-1.51%
OM growth 3Y5.49%
OM growth 5Y-2.31%
PM growth 3Y4.52%
PM growth 5Y-2.15%
GM growth 3Y3.84%
GM growth 5Y1.81%
F-Score7
Asset Turnover0.61
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 1.43 | ||
| Debt/EBITDA | 0.53 | ||
| Cap/Depr | 75.79% | ||
| Cap/Sales | 2.9% | ||
| Interest Coverage | 29.44 | ||
| Cash Conversion | 80.87% | ||
| Profit Quality | 124.27% | ||
| Current Ratio | 1.21 | ||
| Quick Ratio | 0.93 | ||
| Altman-Z | 3.1 |
F-Score7
WACC6.72%
ROIC/WACC1.25
Cap/Depr(3y)69.93%
Cap/Depr(5y)68.24%
Cap/Sales(3y)2.79%
Cap/Sales(5y)3.06%
Profit Quality(3y)125.68%
Profit Quality(5y)127.29%
High Growth Momentum
Growth
EPS 1Y (TTM)-9.65%
EPS 3Y0.43%
EPS 5Y4.39%
EPS Q2Q%N/A
EPS Next Y-19.66%
EPS Next 2Y-7.54%
EPS Next 3Y-9.55%
EPS Next 5Y0.1%
Revenue 1Y (TTM)1.08%
Revenue growth 3Y2.43%
Revenue growth 5Y4.13%
Sales Q2Q%-6.11%
Revenue Next Year-4.4%
Revenue Next 2Y-0.2%
Revenue Next 3Y3.57%
Revenue Next 5Y1.45%
EBIT growth 1Y33.1%
EBIT growth 3Y8.09%
EBIT growth 5Y-0.92%
EBIT Next Year24.69%
EBIT Next 3Y10.1%
EBIT Next 5Y7.3%
FCF growth 1Y-5.78%
FCF growth 3Y18.63%
FCF growth 5Y-0.55%
OCF growth 1Y-4.15%
OCF growth 3Y13.37%
OCF growth 5Y-0.76%