HENKEL AG & CO KGAA (HEN.DE) Stock Fundamental Analysis
FRA:HEN - DE0006048408 - Common Stock
67.5 EUR
+0.15 (+0.22%)
HEN gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 8 industry peers in the Household Products industry. While HEN has a great health rating, its profitability is only average at the moment. 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.
HEN had positive earnings in each of the past 5 years.
HEN had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
HEN has a Return On Assets of 5.69%. This is comparable to the rest of the industry: HEN outperforms 50.00% of its industry peers.
HEN has a Return On Equity of 9.24%. This is in the lower half of the industry: HEN underperforms 62.50% of its industry peers.
The Return On Invested Capital of HEN (8.43%) is worse than 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 18.04%.
The last Return On Invested Capital (8.43%) for HEN is above the 3 year average (7.40%), which is a sign of increasing profitability.
| 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
Looking at the Profit Margin, with a value of 9.30%, HEN is in line with its industry, outperforming 50.00% of the companies in the same industry.
HEN's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 14.05%, HEN is not doing good in the industry: 62.50% of the companies in the same industry are doing better.
In the last couple of years the Operating Margin of HEN has declined.
Looking at the Gross Margin, with a value of 50.60%, HEN is in line with its industry, outperforming 50.00% of the companies in the same industry.
HEN's Gross Margin has improved in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), HEN is creating some value.
HEN has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for HEN has been reduced compared to 5 years ago.
The debt/assets ratio for HEN is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.17 indicates that HEN is not in any danger for bankruptcy at the moment.
HEN has a Altman-Z score (3.17) which is in line with its industry peers.
The Debt to FCF ratio of HEN is 1.43, which is an excellent value as it means it would take HEN, only 1.43 years of fcf income to pay off all of its debts.
HEN's Debt to FCF ratio of 1.43 is amongst the best of the industry. HEN outperforms 100.00% of its industry peers.
HEN has a Debt/Equity ratio of 0.09. This is a healthy value indicating a solid balance between debt and equity.
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 | 3.17 |
ROIC/WACC1.26
WACC6.71%
2.3 Liquidity
HEN has a Current Ratio of 1.21. This is a normal value and indicates that HEN is financially healthy and should not expect problems in meeting its short term obligations.
With an excellent Current ratio value of 1.21, HEN belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
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
The earnings per share for HEN have decreased by -9.65% in the last year.
The Earnings Per Share has been growing slightly by 4.39% on average over the past years.
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
HEN is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 0.10% yearly.
HEN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.45% yearly.
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 12.43, the valuation of HEN can be described as correct.
100.00% of the companies in the same industry are more expensive than HEN, based on the Price/Earnings ratio.
HEN's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.03.
With a Price/Forward Earnings ratio of 14.54, HEN is valued correctly.
Based on the Price/Forward Earnings ratio, HEN is valued cheaper than 100.00% of the companies in the same industry.
HEN's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.54.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.43 | ||
| Fwd PE | 14.54 |
4.2 Price Multiples
HEN's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. HEN is cheaper than 100.00% of the companies in the same industry.
HEN's Price/Free Cash Flow ratio is rather cheap when compared to the industry. HEN is cheaper than 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.85 | ||
| EV/EBITDA | 7.23 |
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)2.83
EPS Next 2Y-7.54%
EPS Next 3Y-9.55%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.76%, HEN has a reasonable but not impressive dividend return.
HEN's Dividend Yield is slightly below the industry average, which is at 3.15.
Compared to an average S&P500 Dividend Yield of 2.45, HEN has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.76% |
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
38.42% of the earnings are spent on dividend by HEN. This is a low number and sustainable payout ratio.
The dividend of HEN is growing, but earnings are growing more, so the dividend growth is sustainable.
DP38.42%
EPS Next 2Y-7.54%
EPS Next 3Y-9.55%
FRA:HEN (9/11/2025, 1:23:24 PM)
67.5
+0.15 (+0.22%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupHousehold & Personal Products
GICS IndustryHousehold Products
Earnings (Last)
Earnings (Next)
Inst Owners31%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap29.56B
Analysts72.14
Price Target74.69 (10.65%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.76% |
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)-1.48%
PT rev (3m)-1.19%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)-2.1%
EPS NY rev (3m)-2.1%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-1.08%
Revenue NY rev (3m)-3.45%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.43 | ||
| Fwd PE | 14.54 | ||
| P/S | 1.37 | ||
| P/FCF | 11.85 | ||
| P/OCF | 9.48 | ||
| P/B | 1.36 | ||
| P/tB | 10.02 | ||
| EV/EBITDA | 7.23 |
EPS(TTM)5.43
EY8.04%
EPS(NY)4.64
Fwd EY6.88%
FCF(TTM)5.69
FCFY8.44%
OCF(TTM)7.12
OCFY10.55%
SpS49.29
BVpS49.62
TBVpS6.74
PEG (NY)N/A
PEG (5Y)2.83
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 | 3.17 |
F-Score7
WACC6.71%
ROIC/WACC1.26
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 Year26.14%
EBIT Next 3Y10.56%
EBIT Next 5Y6.85%
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%