DEUTSCHE LUFTHANSA-REG (LHA.DE) Stock Fundamental Analysis
FRA:LHA - Deutsche Boerse Ag - DE0008232125 - Common Stock - Currency: EUR
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. Finally LHA also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
LHA had positive earnings in the past year.
In the past year LHA had a positive cash flow from operations.
In multiple years LHA reported negative net income over the last 5 years.
Of the past 5 years LHA 4 years had a positive operating cash flow.
1.2 Ratios
LHA has a Return On Assets (2.93%) which is comparable to the rest of the industry.
LHA's Return On Equity of 11.96% is in line compared to the rest of the industry. LHA outperforms 50.00% of its industry peers.
LHA has a worse Return On Invested Capital (4.07%) than 85.71% of its industry peers.
The Average Return On Invested Capital over the past 3 years for LHA is below the industry average of 7.77%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.93% | ||
| ROE | 11.96% | ||
| ROIC | 4.07% |
ROA(3y)2.82%
ROA(5y)-2.75%
ROE(3y)12.9%
ROE(5y)-101.96%
ROIC(3y)5.36%
ROIC(5y)N/A
1.3 Margins
LHA has a Profit Margin (3.67%) which is in line with its industry peers.
LHA's Profit Margin has improved in the last couple of years.
The Operating Margin of LHA (3.45%) is worse than 85.71% of its industry peers.
In the last couple of years the Operating Margin of LHA has declined.
LHA's Gross Margin of 42.95% is on the low side compared to the rest of the industry. LHA is outperformed by 64.29% of its industry peers.
LHA's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.45% | ||
| PM (TTM) | 3.67% | ||
| GM | 42.95% |
OM growth 3YN/A
OM growth 5Y-5.09%
PM growth 3YN/A
PM growth 5Y1.97%
GM growth 3Y-3.25%
GM growth 5Y-1.97%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so LHA is destroying value.
The number of shares outstanding for LHA remains at a similar level compared to 1 year ago.
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
Based on the Altman-Z score of 1.11, we must say that LHA is in the distress zone and has some risk of bankruptcy.
LHA's Altman-Z score of 1.11 is fine compared to the rest of the industry. LHA outperforms 71.43% of its industry peers.
LHA has a debt to FCF ratio of 60.52. This is a negative value and a sign of low solvency as LHA would need 60.52 years to pay back of all of its debts.
LHA's Debt to FCF ratio of 60.52 is on the low side compared to the rest of the industry. LHA is outperformed by 64.29% of its industry peers.
LHA has a Debt/Equity ratio of 0.99. This is a neutral value indicating LHA is somewhat dependend on debt financing.
LHA has a Debt to Equity ratio of 0.99. This is in the better half of the industry: LHA outperforms 78.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.99 | ||
| Debt/FCF | 60.52 | ||
| Altman-Z | 1.11 |
ROIC/WACC0.64
WACC6.4%
2.3 Liquidity
LHA has a Current Ratio of 0.83. 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 better Current ratio (0.83) than 71.43% of its industry peers.
A Quick Ratio of 0.75 indicates that LHA may have some problems paying its short term obligations.
LHA has a Quick ratio of 0.75. This is in the better half of the industry: LHA outperforms 64.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.83 | ||
| Quick Ratio | 0.75 |
3. Growth
3.1 Past
The earnings per share for LHA have decreased by -2.29% in the last year.
The Earnings Per Share has been decreasing by -8.68% on average over the past years.
The Revenue has been growing slightly by 6.04% in the past 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)-2.29%
EPS 3YN/A
EPS 5Y-8.68%
EPS Q2Q%-12.37%
Revenue 1Y (TTM)6.04%
Revenue growth 3Y30.76%
Revenue growth 5Y0.63%
Sales Q2Q%1.64%
3.2 Future
The Earnings Per Share is expected to grow by 4.59% on average over the next years.
LHA is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.63% yearly.
EPS Next Y-5.59%
EPS Next 2Y8.19%
EPS Next 3Y10.32%
EPS Next 5Y4.59%
Revenue Next Year5.34%
Revenue Next 2Y4.66%
Revenue Next 3Y4.29%
Revenue Next 5Y2.63%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better 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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 5.99 indicates a rather cheap valuation of LHA.
Compared to the rest of the industry, the Price/Earnings ratio of LHA indicates a somewhat cheap valuation: LHA is cheaper than 71.43% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 24.29. LHA is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 4.76, which indicates a rather cheap valuation of LHA.
LHA's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. LHA is cheaper than 64.29% of the companies in the same industry.
LHA's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 20.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.99 | ||
| Fwd PE | 4.76 |
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 85.71% of the companies listed in the same industry.
LHA's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. LHA is more expensive than 64.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 32.97 | ||
| EV/EBITDA | 1.89 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y8.19%
EPS Next 3Y10.32%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.75%, LHA is a good candidate for dividend investing.
LHA's Dividend Yield is rather good when compared to the industry average which is at 3.68. LHA pays more dividend than 100.00% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.43, LHA pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.75% |
5.2 History
The dividend of LHA decreases each year by -12.90%.
Dividend Growth(5Y)-12.9%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
LHA pays out 26.96% of its income as dividend. This is a sustainable payout ratio.
DP26.96%
EPS Next 2Y8.19%
EPS Next 3Y10.32%
FRA:LHA (5/6/2025, 7:00:00 PM)
6.466
-0.15 (-2.24%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)
Earnings (Next)
Inst Owners16.58%
Inst Owner ChangeN/A
Ins Owners15.08%
Ins Owner ChangeN/A
Market Cap7.75B
Analysts57.14
Price Target7.22 (11.66%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.75% |
Yearly Dividend0.31
Dividend Growth(5Y)-12.9%
DP26.96%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)74.12%
Min EPS beat(2)22.99%
Max EPS beat(2)125.25%
EPS beat(4)2
Avg EPS beat(4)27.79%
Min EPS beat(4)-22.86%
Max EPS beat(4)125.25%
EPS beat(8)5
Avg EPS beat(8)6.26%
EPS beat(12)7
Avg EPS beat(12)4.89%
EPS beat(16)9
Avg EPS beat(16)-10.26%
Revenue beat(2)1
Avg Revenue beat(2)-0.23%
Min Revenue beat(2)-1.04%
Max Revenue beat(2)0.58%
Revenue beat(4)2
Avg Revenue beat(4)0.21%
Min Revenue beat(4)-1.04%
Max Revenue beat(4)1.59%
Revenue beat(8)2
Avg Revenue beat(8)-3.02%
Revenue beat(12)4
Avg Revenue beat(12)-1.76%
Revenue beat(16)6
Avg Revenue beat(16)-1.81%
PT rev (1m)-4.16%
PT rev (3m)-1.89%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-72.84%
EPS NY rev (1m)-1.77%
EPS NY rev (3m)-4.26%
Revenue NQ rev (1m)-0.09%
Revenue NQ rev (3m)-5.64%
Revenue NY rev (1m)0.29%
Revenue NY rev (3m)0.36%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.99 | ||
| Fwd PE | 4.76 | ||
| P/S | 0.21 | ||
| P/FCF | 32.97 | ||
| P/OCF | 1.99 | ||
| P/B | 0.67 | ||
| P/tB | 0.76 | ||
| EV/EBITDA | 1.89 |
EPS(TTM)1.08
EY16.7%
EPS(NY)1.36
Fwd EY21%
FCF(TTM)0.2
FCFY3.03%
OCF(TTM)3.25
OCFY50.23%
SpS31.36
BVpS9.63
TBVpS8.52
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.93% | ||
| ROE | 11.96% | ||
| ROCE | 4.72% | ||
| ROIC | 4.07% | ||
| ROICexc | 5.89% | ||
| ROICexgc | 6.34% | ||
| OM | 3.45% | ||
| PM (TTM) | 3.67% | ||
| GM | 42.95% | ||
| FCFM | 0.63% |
ROA(3y)2.82%
ROA(5y)-2.75%
ROE(3y)12.9%
ROE(5y)-101.96%
ROIC(3y)5.36%
ROIC(5y)N/A
ROICexc(3y)7.89%
ROICexc(5y)N/A
ROICexgc(3y)8.55%
ROICexgc(5y)N/A
ROCE(3y)6.22%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y-0.79%
ROICexc growth 3YN/A
ROICexc growth 5Y-0.51%
OM growth 3YN/A
OM growth 5Y-5.09%
PM growth 3YN/A
PM growth 5Y1.97%
GM growth 3Y-3.25%
GM growth 5Y-1.97%
F-Score6
Asset Turnover0.8
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.99 | ||
| Debt/FCF | 60.52 | ||
| Debt/EBITDA | 3.1 | ||
| Cap/Depr | 153.46% | ||
| Cap/Sales | 9.73% | ||
| Interest Coverage | 2.32 | ||
| Cash Conversion | 105.76% | ||
| Profit Quality | 17.03% | ||
| Current Ratio | 0.83 | ||
| Quick Ratio | 0.75 | ||
| Altman-Z | 1.11 |
F-Score6
WACC6.4%
ROIC/WACC0.64
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)-2.29%
EPS 3YN/A
EPS 5Y-8.68%
EPS Q2Q%-12.37%
EPS Next Y-5.59%
EPS Next 2Y8.19%
EPS Next 3Y10.32%
EPS Next 5Y4.59%
Revenue 1Y (TTM)6.04%
Revenue growth 3Y30.76%
Revenue growth 5Y0.63%
Sales Q2Q%1.64%
Revenue Next Year5.34%
Revenue Next 2Y4.66%
Revenue Next 3Y4.29%
Revenue Next 5Y2.63%
EBIT growth 1Y-47.53%
EBIT growth 3YN/A
EBIT growth 5Y-4.5%
EBIT Next Year180.44%
EBIT Next 3Y50.25%
EBIT Next 5Y27.79%
FCF growth 1Y-82.73%
FCF growth 3YN/A
FCF growth 5Y-14.95%
OCF growth 1Y-20.65%
OCF growth 3Y113.67%
OCF growth 5Y-0.62%