DEUTSCHE LUFTHANSA-REG (LHA.DE) Stock Fundamental Analysis
Europe - FRA:LHA - DE0008232125 - Common Stock
6.862 EUR
-0.11 (-1.58%)
We assign a fundamental rating of 4 out of 10 to LHA. LHA was compared to 12 industry peers in the Passenger Airlines industry. LHA has a bad profitability rating. Also its financial health evaluation is rather negative. LHA has a correct valuation and a medium growth rate. LHA also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year LHA was profitable.
LHA had a positive operating cash flow in the past year.
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 has a Return On Assets (3.68%) which is comparable to the rest of the industry.
LHA's Return On Equity of 17.22% is in line compared to the rest of the industry. LHA outperforms 50.00% of its industry peers.
LHA's Return On Invested Capital of 4.94% is on the low side compared to the rest of the industry. LHA is outperformed by 91.67% of its industry peers.
LHA had an Average Return On Invested Capital over the past 3 years of 5.56%. This is below the industry average of 9.93%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.68% | ||
| ROE | 17.22% | ||
| ROIC | 4.94% |
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 has a Profit Margin of 4.59%. This is comparable to the rest of the industry: LHA outperforms 50.00% of its industry peers.
In the last couple of years the Profit Margin of LHA has grown nicely.
The Operating Margin of LHA (3.94%) is worse than 91.67% of its industry peers.
In the last couple of years the Operating Margin of LHA has declined.
The Gross Margin of LHA (42.93%) is worse than 66.67% of its industry peers.
In the last couple of years the Gross Margin of LHA has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.94% | ||
| PM (TTM) | 4.59% | ||
| GM | 42.93% |
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
LHA has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, LHA has about the same amount of shares outstanding.
LHA has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, LHA has an improved debt to assets ratio.
2.2 Solvency
LHA has an Altman-Z score of 1.09. This is a bad value and indicates that LHA is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of LHA (1.09) is better than 66.67% of its industry peers.
LHA has a debt to FCF ratio of 36.61. This is a negative value and a sign of low solvency as LHA would need 36.61 years to pay back of all of its debts.
With a Debt to FCF ratio value of 36.61, LHA is not doing good in the industry: 91.67% of the companies in the same industry are doing better.
A Debt/Equity ratio of 1.09 is on the high side and indicates that LHA has dependencies on debt financing.
LHA's Debt to Equity ratio of 1.09 is fine compared to the rest of the industry. LHA outperforms 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.09 | ||
| Debt/FCF | 36.61 | ||
| Altman-Z | 1.09 |
ROIC/WACC0.71
WACC6.98%
2.3 Liquidity
A Current Ratio of 0.78 indicates that LHA may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.78, LHA is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
LHA has a Quick Ratio of 0.78. 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 Quick ratio of 0.71. This is in the better half of the industry: LHA outperforms 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.78 | ||
| Quick Ratio | 0.71 |
3. Growth
3.1 Past
LHA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 76.19%, which is quite impressive.
The Earnings Per Share has been decreasing by -8.68% on average over the past years.
Looking at the last year, LHA shows a small growth in Revenue. The Revenue has grown by 6.03% in the last year.
LHA shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 0.63% yearly.
EPS 1Y (TTM)76.19%
EPS 3YN/A
EPS 5Y-8.68%
EPS Q2Q%115.38%
Revenue 1Y (TTM)6.03%
Revenue growth 3Y30.76%
Revenue growth 5Y0.63%
Sales Q2Q%3.15%
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 12.20% on average per year.
Based on estimates for the next years, LHA will show a small growth in Revenue. The Revenue will grow by 3.72% on average per year.
EPS Next Y-3.87%
EPS Next 2Y4.5%
EPS Next 3Y7.49%
EPS Next 5Y12.2%
Revenue Next Year5.75%
Revenue Next 2Y4.98%
Revenue Next 3Y4.6%
Revenue Next 5Y3.72%
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 4.64, which indicates a rather cheap valuation of LHA.
Based on the Price/Earnings ratio, LHA is valued a bit cheaper than 66.67% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.67. LHA is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 5.42, the valuation of LHA can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of LHA indicates a somewhat cheap valuation: LHA is cheaper than 66.67% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.33. LHA is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.64 | ||
| Fwd PE | 5.42 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of LHA indicates a rather cheap valuation: LHA is cheaper than 83.33% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, LHA is valued more expensive than 91.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.49 | ||
| EV/EBITDA | 1.77 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y4.5%
EPS Next 3Y7.49%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.07%, LHA is a good candidate for dividend investing.
LHA's Dividend Yield is rather good when compared to the industry average which is at 3.14. 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 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.07% |
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
LHA pays out 20.82% of its income as dividend. This is a sustainable payout ratio.
DP20.82%
EPS Next 2Y4.5%
EPS Next 3Y7.49%
FRA:LHA (10/24/2025, 11:48:02 AM)
6.862
-0.11 (-1.58%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)
Earnings (Next)
Inst Owners22.21%
Inst Owner ChangeN/A
Ins Owners15.08%
Ins Owner ChangeN/A
Market Cap8.23B
Revenue(TTM)38.63B
Net Income(TTM)1.77B
Analysts65
Price Target7.96 (16%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.07% |
Yearly Dividend0.31
Dividend Growth(5Y)-12.9%
DP20.82%
Div Incr Years0
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)13.52%
Min EPS beat(2)-48.52%
Max EPS beat(2)75.55%
EPS beat(4)3
Avg EPS beat(4)43.82%
Min EPS beat(4)-48.52%
Max EPS beat(4)125.25%
EPS beat(8)4
Avg EPS beat(8)8.01%
EPS beat(12)6
Avg EPS beat(12)3.63%
EPS beat(16)9
Avg EPS beat(16)-7.95%
Revenue beat(2)1
Avg Revenue beat(2)-1.59%
Min Revenue beat(2)-3.6%
Max Revenue beat(2)0.42%
Revenue beat(4)2
Avg Revenue beat(4)-0.91%
Min Revenue beat(4)-3.6%
Max Revenue beat(4)0.58%
Revenue beat(8)3
Avg Revenue beat(8)-1.64%
Revenue beat(12)4
Avg Revenue beat(12)-2.2%
Revenue beat(16)6
Avg Revenue beat(16)-1.87%
PT rev (1m)0%
PT rev (3m)8.57%
EPS NQ rev (1m)-2.88%
EPS NQ rev (3m)0.06%
EPS NY rev (1m)0.32%
EPS NY rev (3m)1.82%
Revenue NQ rev (1m)-0.3%
Revenue NQ rev (3m)0.08%
Revenue NY rev (1m)-0.1%
Revenue NY rev (3m)0.33%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.64 | ||
| Fwd PE | 5.42 | ||
| P/S | 0.21 | ||
| P/FCF | 21.49 | ||
| P/OCF | 2.09 | ||
| P/B | 0.8 | ||
| P/tB | 0.92 | ||
| EV/EBITDA | 1.77 |
EPS(TTM)1.48
EY21.57%
EPS(NY)1.27
Fwd EY18.46%
FCF(TTM)0.32
FCFY4.65%
OCF(TTM)3.28
OCFY47.82%
SpS32.21
BVpS8.58
TBVpS7.47
PEG (NY)N/A
PEG (5Y)N/A
Graham Number16.9
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.68% | ||
| ROE | 17.22% | ||
| ROCE | 5.73% | ||
| ROIC | 4.94% | ||
| ROICexc | 7.3% | ||
| ROICexgc | 7.89% | ||
| OM | 3.94% | ||
| PM (TTM) | 4.59% | ||
| GM | 42.93% | ||
| FCFM | 0.99% |
ROA(3y)2.82%
ROA(5y)-2.75%
ROE(3y)12.9%
ROE(5y)-101.96%
ROIC(3y)5.56%
ROIC(5y)N/A
ROICexc(3y)8.18%
ROICexc(5y)N/A
ROICexgc(3y)8.86%
ROICexgc(5y)N/A
ROCE(3y)6.45%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y1.91%
ROICexc growth 3YN/A
ROICexc growth 5Y2.19%
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%
F-Score7
Asset Turnover0.8
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.09 | ||
| Debt/FCF | 36.61 | ||
| Debt/EBITDA | 2.84 | ||
| Cap/Depr | 146.35% | ||
| Cap/Sales | 9.19% | ||
| Interest Coverage | 1.97 | ||
| Cash Conversion | 99.62% | ||
| Profit Quality | 21.61% | ||
| Current Ratio | 0.78 | ||
| Quick Ratio | 0.71 | ||
| Altman-Z | 1.09 |
F-Score7
WACC6.98%
ROIC/WACC0.71
Cap/Depr(3y)134.14%
Cap/Depr(5y)97.69%
Cap/Sales(3y)9.13%
Cap/Sales(5y)8.88%
Profit Quality(3y)150.91%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)76.19%
EPS 3YN/A
EPS 5Y-8.68%
EPS Q2Q%115.38%
EPS Next Y-3.87%
EPS Next 2Y4.5%
EPS Next 3Y7.49%
EPS Next 5Y12.2%
Revenue 1Y (TTM)6.03%
Revenue growth 3Y30.76%
Revenue growth 5Y0.63%
Sales Q2Q%3.15%
Revenue Next Year5.75%
Revenue Next 2Y4.98%
Revenue Next 3Y4.6%
Revenue Next 5Y3.72%
EBIT growth 1Y3.96%
EBIT growth 3YN/A
EBIT growth 5Y-1.9%
EBIT Next Year173.5%
EBIT Next 3Y47.93%
EBIT Next 5Y29.98%
FCF growth 1Y-64.07%
FCF growth 3YN/A
FCF growth 5Y-14.95%
OCF growth 1Y2.82%
OCF growth 3Y113.67%
OCF growth 5Y-0.62%