OHB SE (OHB.DE) Stock Fundamental Analysis
FRA:OHB - DE0005936124 - Common Stock
68.6 EUR
0 (0%)
We assign a fundamental rating of 4 out of 10 to OHB. OHB was compared to 46 industry peers in the Aerospace & Defense industry. While OHB seems to be doing ok healthwise, there are quite some concerns on its profitability. OHB has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
OHB had positive earnings in the past year.
In the past year OHB had a positive cash flow from operations.
OHB had positive earnings in 4 of the past 5 years.
The reported operating cash flow has been mixed in the past 5 years: OHB reported negative operating cash flow in multiple years.
1.2 Ratios
The Return On Assets of OHB (0.37%) is worse than 76.09% of its industry peers.
With a Return On Equity value of 1.46%, OHB is not doing good in the industry: 71.74% of the companies in the same industry are doing better.
OHB has a worse Return On Invested Capital (2.65%) than 76.09% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for OHB is in line with the industry average of 9.36%.
The last Return On Invested Capital (2.65%) for OHB is well below the 3 year average (10.23%), which needs to be investigated, but indicates that OHB had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.37% | ||
| ROE | 1.46% | ||
| ROIC | 2.65% |
ROA(3y)2.76%
ROA(5y)2.69%
ROE(3y)9.84%
ROE(5y)10.27%
ROIC(3y)10.23%
ROIC(5y)9.13%
1.3 Margins
OHB has a worse Profit Margin (0.53%) than 73.91% of its industry peers.
OHB's Operating Margin of 2.01% is on the low side compared to the rest of the industry. OHB is outperformed by 78.26% of its industry peers.
OHB's Operating Margin has declined in the last couple of years.
OHB's Gross Margin of 45.50% is fine compared to the rest of the industry. OHB outperforms 73.91% of its industry peers.
OHB's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.01% | ||
| PM (TTM) | 0.53% | ||
| GM | 45.5% |
OM growth 3Y-33.98%
OM growth 5Y-21.12%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y4.66%
GM growth 5Y5.29%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so OHB is still creating some value.
The number of shares outstanding for OHB remains at a similar level compared to 1 year ago.
OHB has more shares outstanding than it did 5 years ago.
OHB has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.80, we must say that OHB is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.80, OHB is doing worse than 69.57% of the companies in the same industry.
The Debt to FCF ratio of OHB is 2.38, which is a good value as it means it would take OHB, 2.38 years of fcf income to pay off all of its debts.
OHB has a better Debt to FCF ratio (2.38) than 78.26% of its industry peers.
A Debt/Equity ratio of 0.23 indicates that OHB is not too dependend on debt financing.
With an excellent Debt to Equity ratio value of 0.23, OHB belongs to the best of the industry, outperforming 84.78% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 2.38 | ||
| Altman-Z | 1.8 |
ROIC/WACC0.35
WACC7.49%
2.3 Liquidity
OHB has a Current Ratio of 1.18. This is a normal value and indicates that OHB is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.18, OHB perfoms like the industry average, outperforming 56.52% of the companies in the same industry.
OHB has a Quick Ratio of 1.12. This is a normal value and indicates that OHB is financially healthy and should not expect problems in meeting its short term obligations.
OHB has a Quick ratio of 1.12. This is amongst the best in the industry. OHB outperforms 82.61% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.18 | ||
| Quick Ratio | 1.12 |
3. Growth
3.1 Past
OHB shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -91.63%.
OHB shows a small growth in Revenue. In the last year, the Revenue has grown by 1.67%.
Measured over the past years, OHB shows a decrease in Revenue. The Revenue has been decreasing by -0.06% on average per year.
EPS 1Y (TTM)-91.63%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%975.4%
Revenue 1Y (TTM)1.67%
Revenue growth 3Y3.43%
Revenue growth 5Y-0.06%
Sales Q2Q%20.79%
3.2 Future
Based on estimates for the next years, OHB will show a very strong growth in Earnings Per Share. The EPS will grow by 27.22% on average per year.
Based on estimates for the next years, OHB will show a quite strong growth in Revenue. The Revenue will grow by 9.32% on average per year.
EPS Next Y33.33%
EPS Next 2Y29.96%
EPS Next 3Y27.22%
EPS Next 5YN/A
Revenue Next Year10.99%
Revenue Next 2Y11.36%
Revenue Next 3Y10.73%
Revenue Next 5Y9.32%
3.3 Evolution
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 228.67, which means the current valuation is very expensive for OHB.
Compared to the rest of the industry, the Price/Earnings ratio of OHB indicates a rather expensive valuation: OHB more expensive than 80.43% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 27.24. OHB is valued rather expensively when compared to this.
With a Price/Forward Earnings ratio of 14.89, OHB is valued correctly.
Based on the Price/Forward Earnings ratio, OHB is valued cheaply inside the industry as 95.65% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 35.82. OHB is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 228.67 | ||
| Fwd PE | 14.89 |
4.2 Price Multiples
OHB's Enterprise Value to EBITDA ratio is in line with the industry average.
OHB's Price/Free Cash Flow ratio is rather cheap when compared to the industry. OHB is cheaper than 95.65% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.37 | ||
| EV/EBITDA | 23.79 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates OHB does not grow enough to justify the current Price/Earnings ratio.
OHB's earnings are expected to grow with 27.22% in the coming years. This may justify a more expensive valuation.
PEG (NY)6.86
PEG (5Y)N/A
EPS Next 2Y29.96%
EPS Next 3Y27.22%
5. Dividend
5.1 Amount
OHB has a yearly dividend return of 0.87%, which is pretty low.
OHB's Dividend Yield is comparable with the industry average which is at 1.16.
With a Dividend Yield of 0.87, OHB pays less dividend than the S&P500 average, which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.87% |
5.2 History
On average, the dividend of OHB grows each year by 6.88%, which is quite nice.
Dividend Growth(5Y)6.88%
Div Incr Years1
Div Non Decr Years6
5.3 Sustainability
397.97% of the earnings are spent on dividend by OHB. This is not a sustainable payout ratio.
The dividend of OHB is growing, but earnings are growing more, so the dividend growth is sustainable.
DP397.97%
EPS Next 2Y29.96%
EPS Next 3Y27.22%
FRA:OHB (8/22/2025, 7:00:00 PM)
68.6
0 (0%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners0.98%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap1.32B
Analysts45.71
Price Target44.88 (-34.58%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.87% |
Yearly Dividend0.6
Dividend Growth(5Y)6.88%
DP397.97%
Div Incr Years1
Div Non Decr Years6
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)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
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)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 228.67 | ||
| Fwd PE | 14.89 | ||
| P/S | 1.22 | ||
| P/FCF | 11.37 | ||
| P/OCF | 9.72 | ||
| P/B | 3.32 | ||
| P/tB | 5.45 | ||
| EV/EBITDA | 23.79 |
EPS(TTM)0.3
EY0.44%
EPS(NY)4.61
Fwd EY6.71%
FCF(TTM)6.03
FCFY8.79%
OCF(TTM)7.05
OCFY10.28%
SpS56.23
BVpS20.66
TBVpS12.58
PEG (NY)6.86
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.37% | ||
| ROE | 1.46% | ||
| ROCE | 3.2% | ||
| ROIC | 2.65% | ||
| ROICexc | 3.05% | ||
| ROICexgc | 4.13% | ||
| OM | 2.01% | ||
| PM (TTM) | 0.53% | ||
| GM | 45.5% | ||
| FCFM | 10.73% |
ROA(3y)2.76%
ROA(5y)2.69%
ROE(3y)9.84%
ROE(5y)10.27%
ROIC(3y)10.23%
ROIC(5y)9.13%
ROICexc(3y)13.09%
ROICexc(5y)11.58%
ROICexgc(3y)18.28%
ROICexgc(5y)16.55%
ROCE(3y)12.36%
ROCE(5y)11.04%
ROICexcg growth 3Y-39.19%
ROICexcg growth 5Y-30.17%
ROICexc growth 3Y-37.92%
ROICexc growth 5Y-28.36%
OM growth 3Y-33.98%
OM growth 5Y-21.12%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y4.66%
GM growth 5Y5.29%
F-Score5
Asset Turnover0.69
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 2.38 | ||
| Debt/EBITDA | 1.49 | ||
| Cap/Depr | 49.05% | ||
| Cap/Sales | 1.82% | ||
| Interest Coverage | 1.59 | ||
| Cash Conversion | 219.47% | ||
| Profit Quality | 2006.65% | ||
| Current Ratio | 1.18 | ||
| Quick Ratio | 1.12 | ||
| Altman-Z | 1.8 |
F-Score5
WACC7.49%
ROIC/WACC0.35
Cap/Depr(3y)53.3%
Cap/Depr(5y)56.28%
Cap/Sales(3y)1.99%
Cap/Sales(5y)2.17%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-91.63%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%975.4%
EPS Next Y33.33%
EPS Next 2Y29.96%
EPS Next 3Y27.22%
EPS Next 5YN/A
Revenue 1Y (TTM)1.67%
Revenue growth 3Y3.43%
Revenue growth 5Y-0.06%
Sales Q2Q%20.79%
Revenue Next Year10.99%
Revenue Next 2Y11.36%
Revenue Next 3Y10.73%
Revenue Next 5Y9.32%
EBIT growth 1Y-85.87%
EBIT growth 3Y-31.72%
EBIT growth 5Y-21.17%
EBIT Next Year76.81%
EBIT Next 3Y32.64%
EBIT Next 5Y14.12%
FCF growth 1Y976.69%
FCF growth 3YN/A
FCF growth 5Y136.87%
OCF growth 1Y393.25%
OCF growth 3YN/A
OCF growth 5Y47.5%