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HAPAG-LLOYD AG (HLAG.DE) Stock Fundamental Analysis

FRA:HLAG - Deutsche Boerse Ag - DE000HLAG475 - Common Stock - Currency: EUR

131.7  +2.8 (+2.17%)

Fundamental Rating

5

We assign a fundamental rating of 5 out of 10 to HLAG. HLAG was compared to 20 industry peers in the Marine Transportation industry. HLAG has only an average score on both its financial health and profitability. HLAG is quite expensive at the moment. It does show a decent growth rate.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

HLAG had positive earnings in the past year.
In the past year HLAG had a positive cash flow from operations.
HLAG had positive earnings in each of the past 5 years.
HLAG had a positive operating cash flow in each of the past 5 years.
HLAG.DE Yearly Net Income VS EBIT VS OCF VS FCFHLAG.DE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5B 10B 15B

1.2 Ratios

With a Return On Assets value of 7.10%, HLAG is not doing good in the industry: 75.00% of the companies in the same industry are doing better.
HLAG's Return On Equity of 11.55% is on the low side compared to the rest of the industry. HLAG is outperformed by 75.00% of its industry peers.
HLAG has a Return On Invested Capital (6.86%) which is in line with its industry peers.
HLAG had an Average Return On Invested Capital over the past 3 years of 17.46%. This is significantly above the industry average of 10.49%.
The 3 year average ROIC (17.46%) for HLAG is well above the current ROIC(6.86%). The reason for the recent decline needs to be investigated.
Industry RankSector Rank
ROA 7.1%
ROE 11.55%
ROIC 6.86%
ROA(3y)20.41%
ROA(5y)20.26%
ROE(3y)29.44%
ROE(5y)31.66%
ROIC(3y)17.46%
ROIC(5y)18.53%
HLAG.DE Yearly ROA, ROE, ROICHLAG.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 40 60

1.3 Margins

With a Profit Margin value of 12.48%, HLAG is not doing good in the industry: 75.00% of the companies in the same industry are doing better.
HLAG's Profit Margin has improved in the last couple of years.
With a Operating Margin value of 13.49%, HLAG perfoms like the industry average, outperforming 45.00% of the companies in the same industry.
In the last couple of years the Operating Margin of HLAG has grown nicely.
With a Gross Margin value of 32.68%, HLAG is not doing good in the industry: 65.00% of the companies in the same industry are doing better.
HLAG's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 13.49%
PM (TTM) 12.48%
GM 32.68%
OM growth 3Y-31.91%
OM growth 5Y16.92%
PM growth 3Y-32.59%
PM growth 5Y34.17%
GM growth 3Y-15.13%
GM growth 5Y7.31%
HLAG.DE Yearly Profit, Operating, Gross MarginsHLAG.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 40 60

6

2. Health

2.1 Basic Checks

The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so HLAG is creating value.
Compared to 1 year ago, HLAG has about the same amount of shares outstanding.
Compared to 5 years ago, HLAG has about the same amount of shares outstanding.
HLAG has a worse debt/assets ratio than last year.
HLAG.DE Yearly Shares OutstandingHLAG.DE Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M
HLAG.DE Yearly Total Debt VS Total AssetsHLAG.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10B 20B 30B

2.2 Solvency

HLAG has an Altman-Z score of 2.68. This is not the best score and indicates that HLAG is in the grey zone with still only limited risk for bankruptcy at the moment.
With a decent Altman-Z score value of 2.68, HLAG is doing good in the industry, outperforming 80.00% of the companies in the same industry.
The Debt to FCF ratio of HLAG is 3.01, which is a good value as it means it would take HLAG, 3.01 years of fcf income to pay off all of its debts.
HLAG has a better Debt to FCF ratio (3.01) than 70.00% of its industry peers.
A Debt/Equity ratio of 0.25 indicates that HLAG is not too dependend on debt financing.
HLAG has a better Debt to Equity ratio (0.25) than 75.00% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.25
Debt/FCF 3.01
Altman-Z 2.68
ROIC/WACC0.96
WACC7.17%
HLAG.DE Yearly LT Debt VS Equity VS FCFHLAG.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5B 10B 15B 20B 25B

2.3 Liquidity

A Current Ratio of 1.54 indicates that HLAG should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.54, HLAG is in the better half of the industry, outperforming 65.00% of the companies in the same industry.
HLAG has a Quick Ratio of 1.45. This is a normal value and indicates that HLAG is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of HLAG (1.45) is better than 65.00% of its industry peers.
Industry RankSector Rank
Current Ratio 1.54
Quick Ratio 1.45
HLAG.DE Yearly Current Assets VS Current LiabilitesHLAG.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B 20B

5

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 88.73% over the past year.
The Earnings Per Share has been growing by 45.79% on average over the past years. This is a very strong growth
The Revenue has grown by 20.11% in the past year. This is a very strong growth!
Measured over the past years, HLAG shows a quite strong growth in Revenue. The Revenue has been growing by 8.68% on average per year.
EPS 1Y (TTM)88.73%
EPS 3Y-35.94%
EPS 5Y45.79%
EPS Q2Q%49.4%
Revenue 1Y (TTM)20.11%
Revenue growth 3Y-4.98%
Revenue growth 5Y8.68%
Sales Q2Q%18.58%

3.2 Future

HLAG is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -2.27% yearly.
HLAG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.09% yearly.
EPS Next Y-72.63%
EPS Next 2Y-42.02%
EPS Next 3Y-30.02%
EPS Next 5Y-2.27%
Revenue Next Year-8.01%
Revenue Next 2Y-5.25%
Revenue Next 3Y-1.98%
Revenue Next 5Y0.09%

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.
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.
HLAG.DE Yearly Revenue VS EstimatesHLAG.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 10B 20B 30B
HLAG.DE Yearly EPS VS EstimatesHLAG.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 0 20 40 60 80

3

4. Valuation

4.1 Price/Earnings Ratio

With a Price/Earnings ratio of 9.15, the valuation of HLAG can be described as very reasonable.
Based on the Price/Earnings ratio, HLAG is valued a bit more expensive than 70.00% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.69, HLAG is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 28.87, the valuation of HLAG can be described as expensive.
HLAG's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. HLAG is more expensive than 75.00% of the companies in the same industry.
HLAG's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 37.36.
Industry RankSector Rank
PE 9.15
Fwd PE 28.87
HLAG.DE Price Earnings VS Forward Price EarningsHLAG.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

HLAG's Enterprise Value to EBITDA ratio is in line with the industry average.
HLAG's Price/Free Cash Flow is on the same level as the industry average.
Industry RankSector Rank
P/FCF 10.53
EV/EBITDA 4.12
HLAG.DE Per share dataHLAG.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60 80 100

4.3 Compensation for Growth

The decent profitability rating of HLAG may justify a higher PE ratio.
HLAG's earnings are expected to decrease with -30.02% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.2
EPS Next 2Y-42.02%
EPS Next 3Y-30.02%

6

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 6.36%, HLAG is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 34.79, HLAG has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.34, HLAG pays a better dividend.
Industry RankSector Rank
Dividend Yield 6.36%

5.2 History

The dividend of HLAG is nicely growing with an annual growth rate of 109.85%!
Dividend Growth(5Y)109.85%
Div Incr Years0
Div Non Decr Years0
HLAG.DE Yearly Dividends per shareHLAG.DE Yearly Dividends per shareYearly Dividends per share 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60

5.3 Sustainability

HLAG pays out 68.15% of its income as dividend. This is not a sustainable payout ratio.
HLAG's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP68.15%
EPS Next 2Y-42.02%
EPS Next 3Y-30.02%
HLAG.DE Yearly Income VS Free CF VS DividendHLAG.DE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5B 10B 15B
HLAG.DE Dividend Payout.HLAG.DE Dividend Payout, showing the Payout Ratio.HLAG.DE Dividend Payout.PayoutRetained Earnings

HAPAG-LLOYD AG

FRA:HLAG (7/23/2025, 7:00:00 PM)

131.7

+2.8 (+2.17%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)05-14 2025-05-14/bmo
Earnings (Next)08-14 2025-08-14
Inst Owners22.8%
Inst Owner ChangeN/A
Ins Owners30%
Ins Owner ChangeN/A
Market Cap23.15B
Analysts43
Price Target129.62 (-1.58%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 6.36%
Yearly Dividend9.25
Dividend Growth(5Y)109.85%
DP68.15%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)8.38%
Min EPS beat(2)3.2%
Max EPS beat(2)13.56%
EPS beat(4)3
Avg EPS beat(4)37.39%
Min EPS beat(4)-36.07%
Max EPS beat(4)168.88%
EPS beat(8)5
Avg EPS beat(8)12.33%
EPS beat(12)8
Avg EPS beat(12)9.13%
EPS beat(16)11
Avg EPS beat(16)12.86%
Revenue beat(2)2
Avg Revenue beat(2)0.78%
Min Revenue beat(2)0.7%
Max Revenue beat(2)0.86%
Revenue beat(4)3
Avg Revenue beat(4)-0.07%
Min Revenue beat(4)-2.41%
Max Revenue beat(4)0.86%
Revenue beat(8)4
Avg Revenue beat(8)-0.95%
Revenue beat(12)7
Avg Revenue beat(12)0.55%
Revenue beat(16)10
Avg Revenue beat(16)1.09%
PT rev (1m)-2.36%
PT rev (3m)0.85%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)5.05%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.37%
Valuation
Industry RankSector Rank
PE 9.15
Fwd PE 28.87
P/S 1.21
P/FCF 10.53
P/OCF 5.3
P/B 1.12
P/tB 1.37
EV/EBITDA 4.12
EPS(TTM)14.4
EY10.93%
EPS(NY)4.56
Fwd EY3.46%
FCF(TTM)12.51
FCFY9.5%
OCF(TTM)24.83
OCFY18.86%
SpS108.74
BVpS117.51
TBVpS95.99
PEG (NY)N/A
PEG (5Y)0.2
Profitability
Industry RankSector Rank
ROA 7.1%
ROE 11.55%
ROCE 9.75%
ROIC 6.86%
ROICexc 9.72%
ROICexgc 12.2%
OM 13.49%
PM (TTM) 12.48%
GM 32.68%
FCFM 11.5%
ROA(3y)20.41%
ROA(5y)20.26%
ROE(3y)29.44%
ROE(5y)31.66%
ROIC(3y)17.46%
ROIC(5y)18.53%
ROICexc(3y)36.17%
ROICexc(5y)48.45%
ROICexgc(3y)46.97%
ROICexgc(5y)90.7%
ROCE(3y)24.8%
ROCE(5y)26.32%
ROICexcg growth 3Y-65.98%
ROICexcg growth 5Y11.43%
ROICexc growth 3Y-57.65%
ROICexc growth 5Y14.35%
OM growth 3Y-31.91%
OM growth 5Y16.92%
PM growth 3Y-32.59%
PM growth 5Y34.17%
GM growth 3Y-15.13%
GM growth 5Y7.31%
F-Score3
Asset Turnover0.57
Health
Industry RankSector Rank
Debt/Equity 0.25
Debt/FCF 3.01
Debt/EBITDA 1.09
Cap/Depr 104.57%
Cap/Sales 11.34%
Interest Coverage 8.27
Cash Conversion 93.86%
Profit Quality 92.16%
Current Ratio 1.54
Quick Ratio 1.45
Altman-Z 2.68
F-Score3
WACC7.17%
ROIC/WACC0.96
Cap/Depr(3y)89.54%
Cap/Depr(5y)78.56%
Cap/Sales(3y)8.34%
Cap/Sales(5y)6.96%
Profit Quality(3y)103.12%
Profit Quality(5y)133.06%
High Growth Momentum
Growth
EPS 1Y (TTM)88.73%
EPS 3Y-35.94%
EPS 5Y45.79%
EPS Q2Q%49.4%
EPS Next Y-72.63%
EPS Next 2Y-42.02%
EPS Next 3Y-30.02%
EPS Next 5Y-2.27%
Revenue 1Y (TTM)20.11%
Revenue growth 3Y-4.98%
Revenue growth 5Y8.68%
Sales Q2Q%18.58%
Revenue Next Year-8.01%
Revenue Next 2Y-5.25%
Revenue Next 3Y-1.98%
Revenue Next 5Y0.09%
EBIT growth 1Y3.78%
EBIT growth 3Y-35.3%
EBIT growth 5Y27.06%
EBIT Next Year18.81%
EBIT Next 3Y4.03%
EBIT Next 5Y8.92%
FCF growth 1Y-32.59%
FCF growth 3Y-37.85%
FCF growth 5Y6.54%
OCF growth 1Y-12.1%
OCF growth 3Y-25.15%
OCF growth 5Y16.57%