DEUTSCHE LUFTHANSA-REG (LHA.DE) Stock Fundamental Analysis
Europe • Frankfurt Stock Exchange • FRA:LHA • DE0008232125
8.7 EUR
+0.06 (+0.69%)
Last: Jan 30, 2026, 07:00 PM
Taking everything into account, LHA scores 4 out of 10 in our fundamental rating. LHA was compared to 14 industry peers in the Passenger Airlines industry. Both the profitability and financial health of LHA have multiple concerns. LHA has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
- In the past year LHA was profitable.
- In the past year LHA had a positive cash flow from operations.
- The reported net income has been mixed in the past 5 years: LHA reported negative net income in multiple years.
- Of the past 5 years LHA 4 years had a positive operating cash flow.
1.2 Ratios
- LHA's Return On Assets of 3.36% is in line compared to the rest of the industry. LHA outperforms 42.86% of its industry peers.
- Looking at the Return On Equity, with a value of 14.46%, LHA is doing worse than 71.43% of the companies in the same industry.
- Looking at the Return On Invested Capital, with a value of 4.55%, LHA is doing worse than 78.57% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for LHA is below the industry average of 9.28%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.36% | ||
| ROE | 14.46% | ||
| ROIC | 4.55% |
ROA(3y)2.82%
ROA(5y)-2.75%
ROE(3y)12.9%
ROE(5y)-101.96%
ROIC(3y)5.56%
ROIC(5y)N/A
1.3 Margins
- LHA's Profit Margin of 4.20% is in line compared to the rest of the industry. LHA outperforms 42.86% of its industry peers.
- In the last couple of years the Profit Margin of LHA has grown nicely.
- With a Operating Margin value of 3.83%, LHA is not doing good in the industry: 85.71% of the companies in the same industry are doing better.
- In the last couple of years the Operating Margin of LHA has declined.
- Looking at the Gross Margin, with a value of 42.78%, LHA is doing worse than 71.43% of the companies in the same industry.
- LHA's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.83% | ||
| PM (TTM) | 4.2% | ||
| GM | 42.78% |
OM growth 3YN/A
OM growth 5Y-2.51%
PM growth 3YN/A
PM growth 5Y1.97%
GM growth 3Y-3.25%
GM growth 5Y-1.97%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), LHA is destroying value.
- LHA has about the same amout of shares outstanding than it did 1 year ago.
- LHA has more shares outstanding than it did 5 years ago.
- LHA has a better debt/assets ratio than last year.
2.2 Solvency
- Based on the Altman-Z score of 1.18, we must say that LHA is in the distress zone and has some risk of bankruptcy.
- LHA's Altman-Z score of 1.18 is fine compared to the rest of the industry. LHA outperforms 71.43% of its industry peers.
- The Debt to FCF ratio of LHA is 16.07, which is on the high side as it means it would take LHA, 16.07 years of fcf income to pay off all of its debts.
- Looking at the Debt to FCF ratio, with a value of 16.07, LHA is in line with its industry, outperforming 42.86% of the companies in the same industry.
- A Debt/Equity ratio of 1.06 is on the high side and indicates that LHA has dependencies on debt financing.
- LHA's Debt to Equity ratio of 1.06 is in line compared to the rest of the industry. LHA outperforms 57.14% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.06 | ||
| Debt/FCF | 16.07 | ||
| Altman-Z | 1.18 |
ROIC/WACC0.56
WACC8.09%
2.3 Liquidity
- LHA has a Current Ratio of 0.85. This is a bad value and indicates that LHA is not financially healthy enough and could expect problems in meeting its short term obligations.
- LHA has a Current ratio of 0.85. This is in the better half of the industry: LHA outperforms 78.57% of its industry peers.
- LHA has a Quick Ratio of 0.85. This is a bad value and indicates that LHA is not financially healthy enough and could expect problems in meeting its short term obligations.
- The Quick ratio of LHA (0.77) is better than 78.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.85 | ||
| Quick Ratio | 0.77 |
3. Growth
3.1 Past
- LHA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 80.26%, which is quite impressive.
- The Earnings Per Share has been decreasing by -8.68% on average over the past years.
- LHA shows a small growth in Revenue. In the last year, the Revenue has grown by 5.95%.
- The Revenue has been growing slightly by 0.63% on average over the past years.
EPS 1Y (TTM)80.26%
EPS 3YN/A
EPS 5Y-8.68%
EPS Q2Q%-11.96%
Revenue 1Y (TTM)5.95%
Revenue growth 3Y30.76%
Revenue growth 5Y0.63%
Sales Q2Q%4.29%
3.2 Future
- Based on estimates for the next years, LHA will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.57% on average per year.
- Based on estimates for the next years, LHA will show a small growth in Revenue. The Revenue will grow by 4.07% on average per year.
EPS Next Y-2.33%
EPS Next 2Y4.75%
EPS Next 3Y7.82%
EPS Next 5Y11.57%
Revenue Next Year6.14%
Revenue Next 2Y5.15%
Revenue Next 3Y4.88%
Revenue Next 5Y4.07%
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 accelerating.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 6.35 indicates a rather cheap valuation of LHA.
- LHA's Price/Earnings ratio is a bit cheaper when compared to the industry. LHA is cheaper than 71.43% of the companies in the same industry.
- LHA is valuated cheaply when we compare the Price/Earnings ratio to 28.32, which is the current average of the S&P500 Index.
- Based on the Price/Forward Earnings ratio of 6.83, the valuation of LHA can be described as very cheap.
- LHA's Price/Forward Earnings is on the same level as the industry average.
- When comparing the Price/Forward Earnings ratio of LHA to the average of the S&P500 Index (25.57), we can say LHA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.35 | ||
| Fwd PE | 6.83 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, LHA is valued cheaper than 85.71% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, LHA is valued a bit more expensive than the industry average as 78.57% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.59 | ||
| EV/EBITDA | 1.91 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y4.75%
EPS Next 3Y7.82%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 3.47%, LHA has a reasonable but not impressive dividend return.
- LHA's Dividend Yield is rather good when compared to the industry average which is at 1.01. LHA pays more dividend than 100.00% of the companies in the same industry.
- LHA's Dividend Yield is rather good when compared to the S&P500 average which is at 1.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.47% |
5.2 History
- The dividend of LHA decreases each year by -12.90%.
Dividend Growth(5Y)-12.9%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
- 22.15% of the earnings are spent on dividend by LHA. This is a low number and sustainable payout ratio.
DP22.15%
EPS Next 2Y4.75%
EPS Next 3Y7.82%
DEUTSCHE LUFTHANSA-REG / LHA.DE FAQ
What is the fundamental rating for LHA stock?
ChartMill assigns a fundamental rating of 4 / 10 to LHA.DE.
What is the valuation status of DEUTSCHE LUFTHANSA-REG (LHA.DE) stock?
ChartMill assigns a valuation rating of 5 / 10 to DEUTSCHE LUFTHANSA-REG (LHA.DE). This can be considered as Fairly Valued.
Can you provide the profitability details for DEUTSCHE LUFTHANSA-REG?
DEUTSCHE LUFTHANSA-REG (LHA.DE) has a profitability rating of 2 / 10.
How financially healthy is DEUTSCHE LUFTHANSA-REG?
The financial health rating of DEUTSCHE LUFTHANSA-REG (LHA.DE) is 3 / 10.
Can you provide the expected EPS growth for LHA stock?
The Earnings per Share (EPS) of DEUTSCHE LUFTHANSA-REG (LHA.DE) is expected to decline by -2.33% in the next year.