HENKEL AG & CO KGAA VOR-PREF (HEN3.DE) Stock Fundamental Analysis
FRA:HEN3 - DE0006048432
74.08 EUR
+0.2 (+0.27%)
Overall HEN3 gets a fundamental rating of 5 out of 10. We evaluated HEN3 against 7 industry peers in the Household Products industry. HEN3 is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. HEN3 has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year HEN3 was profitable.
HEN3 had a positive operating cash flow in the past year.
Each year in the past 5 years HEN3 has been profitable.
HEN3 had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 5.69%, HEN3 is in line with its industry, outperforming 42.86% of the companies in the same industry.
HEN3's Return On Equity of 9.24% is on the low side compared to the rest of the industry. HEN3 is outperformed by 71.43% of its industry peers.
HEN3's Return On Invested Capital of 8.43% is on the low side compared to the rest of the industry. HEN3 is outperformed by 71.43% of its industry peers.
The Average Return On Invested Capital over the past 3 years for HEN3 is significantly below the industry average of 17.99%.
The last Return On Invested Capital (8.43%) for HEN3 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
With a Profit Margin value of 9.30%, HEN3 perfoms like the industry average, outperforming 42.86% of the companies in the same industry.
In the last couple of years the Profit Margin of HEN3 has declined.
With a Operating Margin value of 14.05%, HEN3 is not doing good in the industry: 71.43% of the companies in the same industry are doing better.
In the last couple of years the Operating Margin of HEN3 has declined.
With a Gross Margin value of 50.60%, HEN3 perfoms like the industry average, outperforming 42.86% of the companies in the same industry.
In the last couple of years the Gross Margin of HEN3 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), HEN3 is creating some value.
HEN3 has about the same amout of shares outstanding than it did 1 year ago.
HEN3 has less shares outstanding than it did 5 years ago.
HEN3 has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.30 indicates that HEN3 is not in any danger for bankruptcy at the moment.
The Altman-Z score of HEN3 (3.30) is better than 71.43% of its industry peers.
HEN3 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.
With an excellent Debt to FCF ratio value of 1.43, HEN3 belongs to the best of the industry, outperforming 85.71% of the companies in the same industry.
A Debt/Equity ratio of 0.09 indicates that HEN3 is not too dependend on debt financing.
With an excellent Debt to Equity ratio value of 0.09, HEN3 belongs to the best of the industry, outperforming 85.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 1.43 | ||
| Altman-Z | 3.3 |
ROIC/WACC1.25
WACC6.75%
2.3 Liquidity
A Current Ratio of 1.21 indicates that HEN3 should not have too much problems paying its short term obligations.
HEN3's Current ratio of 1.21 is amongst the best of the industry. HEN3 outperforms 85.71% of its industry peers.
A Quick Ratio of 0.93 indicates that HEN3 may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.93, HEN3 belongs to the top of the industry, outperforming 85.71% 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 HEN3 have decreased by -9.65% in the last year.
HEN3 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, HEN3 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
Based on estimates for the next years, HEN3 will show a small growth in Earnings Per Share. The EPS will grow by 0.10% on average per year.
Based on estimates for the next years, HEN3 will show a small growth in Revenue. The Revenue will grow by 1.45% on average per year.
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
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 13.64, the valuation of HEN3 can be described as correct.
Compared to the rest of the industry, the Price/Earnings ratio of HEN3 indicates a rather cheap valuation: HEN3 is cheaper than 85.71% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of HEN3 to the average of the S&P500 Index (27.06), we can say HEN3 is valued slightly cheaper.
HEN3 is valuated correctly with a Price/Forward Earnings ratio of 15.96.
Based on the Price/Forward Earnings ratio, HEN3 is valued a bit cheaper than the industry average as 71.43% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of HEN3 to the average of the S&P500 Index (22.69), we can say HEN3 is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.64 | ||
| Fwd PE | 15.96 |
4.2 Price Multiples
HEN3's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. HEN3 is cheaper than 85.71% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, HEN3 is valued cheaper than 85.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.01 | ||
| EV/EBITDA | 8 |
4.3 Compensation for Growth
HEN3's earnings are expected to decrease with -9.55% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)3.11
EPS Next 2Y-7.54%
EPS Next 3Y-9.55%
5. Dividend
5.1 Amount
HEN3 has a Yearly Dividend Yield of 2.76%.
HEN3's Dividend Yield is comparable with the industry average which is at 3.20.
Compared to an average S&P500 Dividend Yield of 2.41, HEN3 has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.76% |
5.2 History
The dividend of HEN3 has a limited annual growth rate of 0.01%.
Dividend Growth(5Y)0.01%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
HEN3 pays out 38.42% of its income as dividend. This is a sustainable payout ratio.
The dividend of HEN3 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:HEN3 (9/5/2025, 5:36:15 PM)
74.08
+0.2 (+0.27%)
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 Cap32.44B
Analysts72.14
Price Target81.69 (10.27%)
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 Years0
Div Non Decr Years0
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)-1.06%
PT rev (3m)-0.95%
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 | 13.64 | ||
| Fwd PE | 15.96 | ||
| P/S | 1.5 | ||
| P/FCF | 13.01 | ||
| P/OCF | 10.4 | ||
| P/B | 1.49 | ||
| P/tB | 10.99 | ||
| EV/EBITDA | 8 |
EPS(TTM)5.43
EY7.33%
EPS(NY)4.64
Fwd EY6.27%
FCF(TTM)5.69
FCFY7.69%
OCF(TTM)7.12
OCFY9.62%
SpS49.29
BVpS49.62
TBVpS6.74
PEG (NY)N/A
PEG (5Y)3.11
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 | 3.3 |
F-Score7
WACC6.75%
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 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%