DEUTSCHE LUFTHANSA-REG (1LHA.MI) Stock Fundamental Analysis

Europe • Euronext Milan • BIT:1LHA • DE0008232125

9.184 EUR
+0.2 (+2.25%)
Last: Feb 6, 2026, 07:00 PM
Fundamental Rating

4

1LHA gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 14 industry peers in the Passenger Airlines industry. Both the profitability and financial health of 1LHA have multiple concerns. 1LHA is not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

3

1. Profitability

1.1 Basic Checks

  • 1LHA had positive earnings in the past year.
  • 1LHA had a positive operating cash flow in the past year.
  • The reported net income has been mixed in the past 5 years: 1LHA reported negative net income in multiple years.
  • Of the past 5 years 1LHA 4 years had a positive operating cash flow.
1LHA.MI Yearly Net Income VS EBIT VS OCF VS FCF1LHA.MI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B -2B 4B -4B -6B

1.2 Ratios

  • With a Return On Assets value of 3.36%, 1LHA perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
  • Looking at the Return On Equity, with a value of 14.46%, 1LHA is in line with its industry, outperforming 42.86% of the companies in the same industry.
  • With a Return On Invested Capital value of 4.55%, 1LHA is not doing good in the industry: 64.29% of the companies in the same industry are doing better.
  • 1LHA had an Average Return On Invested Capital over the past 3 years of 5.56%. This is below the industry average of 9.28%.
Industry RankSector 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
1LHA.MI Yearly ROA, ROE, ROIC1LHA.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -100 -200 -300 -400

1.3 Margins

  • 1LHA has a Profit Margin (4.20%) which is comparable to the rest of the industry.
  • 1LHA's Profit Margin has improved in the last couple of years.
  • 1LHA's Operating Margin of 3.83% is on the low side compared to the rest of the industry. 1LHA is outperformed by 71.43% of its industry peers.
  • In the last couple of years the Operating Margin of 1LHA has declined.
  • 1LHA's Gross Margin of 42.78% is on the low side compared to the rest of the industry. 1LHA is outperformed by 64.29% of its industry peers.
  • In the last couple of years the Gross Margin of 1LHA has declined.
Industry RankSector 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%
1LHA.MI Yearly Profit, Operating, Gross Margins1LHA.MI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40 -40

3

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so 1LHA is destroying value.
  • The number of shares outstanding for 1LHA remains at a similar level compared to 1 year ago.
  • The number of shares outstanding for 1LHA has been increased compared to 5 years ago.
  • 1LHA has a better debt/assets ratio than last year.
1LHA.MI Yearly Shares Outstanding1LHA.MI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B
1LHA.MI Yearly Total Debt VS Total Assets1LHA.MI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 10B 20B 30B 40B

2.2 Solvency

  • Based on the Altman-Z score of 1.19, we must say that 1LHA is in the distress zone and has some risk of bankruptcy.
  • 1LHA has a Altman-Z score of 1.19. This is comparable to the rest of the industry: 1LHA outperforms 57.14% of its industry peers.
  • 1LHA has a debt to FCF ratio of 16.07. This is a negative value and a sign of low solvency as 1LHA would need 16.07 years to pay back of all of its debts.
  • 1LHA has a Debt to FCF ratio of 16.07. This is comparable to the rest of the industry: 1LHA outperforms 50.00% of its industry peers.
  • 1LHA has a Debt/Equity ratio of 1.06. This is a high value indicating a heavy dependency on external financing.
  • 1LHA has a Debt to Equity ratio (1.06) which is in line with its industry peers.
Industry RankSector Rank
Debt/Equity 1.06
Debt/FCF 16.07
Altman-Z 1.19
ROIC/WACC0.55
WACC8.24%
1LHA.MI Yearly LT Debt VS Equity VS FCF1LHA.MI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5B 10B 15B

2.3 Liquidity

  • 1LHA has a Current Ratio of 0.85. This is a bad value and indicates that 1LHA is not financially healthy enough and could expect problems in meeting its short term obligations.
  • The Current ratio of 1LHA (0.85) is better than 78.57% of its industry peers.
  • 1LHA has a Quick Ratio of 0.85. This is a bad value and indicates that 1LHA is not financially healthy enough and could expect problems in meeting its short term obligations.
  • 1LHA's Quick ratio of 0.77 is fine compared to the rest of the industry. 1LHA outperforms 78.57% of its industry peers.
Industry RankSector Rank
Current Ratio 0.85
Quick Ratio 0.77
1LHA.MI Yearly Current Assets VS Current Liabilites1LHA.MI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B

5

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 80.26% over the past year.
  • Measured over the past years, 1LHA shows a decrease in Earnings Per Share. The EPS has been decreasing by -8.68% on average per year.
  • The Revenue has been growing slightly by 5.95% in the past year.
  • 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, 1LHA will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.57% on average per year.
  • 1LHA is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.07% yearly.
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

  • 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.
1LHA.MI Yearly Revenue VS Estimates1LHA.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 10B 20B 30B 40B
1LHA.MI Yearly EPS VS Estimates1LHA.MI Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 0 2 -2 -4 -6 -8

5

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 6.70 indicates a rather cheap valuation of 1LHA.
  • 85.71% of the companies in the same industry are more expensive than 1LHA, based on the Price/Earnings ratio.
  • When comparing the Price/Earnings ratio of 1LHA to the average of the S&P500 Index (27.92), we can say 1LHA is valued rather cheaply.
  • 1LHA is valuated cheaply with a Price/Forward Earnings ratio of 7.22.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of 1LHA indicates a somewhat cheap valuation: 1LHA is cheaper than 64.29% of the companies listed in the same industry.
  • 1LHA's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.78.
Industry RankSector Rank
PE 6.7
Fwd PE 7.22
1LHA.MI Price Earnings VS Forward Price Earnings1LHA.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • 92.86% of the companies in the same industry are more expensive than 1LHA, based on the Enterprise Value to EBITDA ratio.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of 1LHA indicates a slightly more expensive valuation: 1LHA is more expensive than 64.29% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 12.24
EV/EBITDA 2
1LHA.MI Per share data1LHA.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y4.75%
EPS Next 3Y7.82%

6

5. Dividend

5.1 Amount

  • 1LHA has a Yearly Dividend Yield of 3.34%.
  • Compared to an average industry Dividend Yield of 1.01, 1LHA pays a better dividend. On top of this 1LHA pays more dividend than 92.86% of the companies listed in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.83, 1LHA pays a better dividend.
Industry RankSector Rank
Dividend Yield 3.34%

5.2 History

  • The dividend of 1LHA decreases each year by -12.90%.
Dividend Growth(5Y)-12.9%
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

  • 1LHA pays out 22.15% of its income as dividend. This is a sustainable payout ratio.
DP22.15%
EPS Next 2Y4.75%
EPS Next 3Y7.82%
1LHA.MI Yearly Income VS Free CF VS Dividend1LHA.MI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B -2B -4B -6B
1LHA.MI Dividend Payout.1LHA.MI Dividend Payout, showing the Payout Ratio.1LHA.MI Dividend Payout.PayoutRetained Earnings

DEUTSCHE LUFTHANSA-REG

BIT:1LHA (2/6/2026, 7:00:00 PM)

9.184

+0.2 (+2.25%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)10-30
Earnings (Next)03-06
Inst Owners23.69%
Inst Owner ChangeN/A
Ins Owners15.03%
Ins Owner ChangeN/A
Market Cap11.01B
Revenue(TTM)39.09B
Net Income(TTM)1.64B
Analysts65.6
Price Target8.76 (-4.62%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 3.34%
Yearly Dividend0.31
Dividend Growth(5Y)-12.9%
DP22.15%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)45.12%
Min EPS beat(2)14.69%
Max EPS beat(2)75.55%
EPS beat(4)3
Avg EPS beat(4)41.74%
Min EPS beat(4)-48.52%
Max EPS beat(4)125.25%
EPS beat(8)4
Avg EPS beat(8)9.8%
EPS beat(12)7
Avg EPS beat(12)6.15%
EPS beat(16)9
Avg EPS beat(16)-10.06%
Revenue beat(2)0
Avg Revenue beat(2)-2.62%
Min Revenue beat(2)-3.6%
Max Revenue beat(2)-1.64%
Revenue beat(4)2
Avg Revenue beat(4)-1.06%
Min Revenue beat(4)-3.6%
Max Revenue beat(4)0.58%
Revenue beat(8)3
Avg Revenue beat(8)-1.26%
Revenue beat(12)3
Avg Revenue beat(12)-2.49%
Revenue beat(16)6
Avg Revenue beat(16)-1.49%
PT rev (1m)3.06%
PT rev (3m)9.01%
EPS NQ rev (1m)0%
EPS NQ rev (3m)12.21%
EPS NY rev (1m)0.15%
EPS NY rev (3m)1.59%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.05%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.37%
Valuation
Industry RankSector Rank
PE 6.7
Fwd PE 7.22
P/S 0.28
P/FCF 12.24
P/OCF 2.47
P/B 0.97
P/tB 1.1
EV/EBITDA 2
EPS(TTM)1.37
EY14.92%
EPS(NY)1.27
Fwd EY13.86%
FCF(TTM)0.75
FCFY8.17%
OCF(TTM)3.72
OCFY40.46%
SpS32.6
BVpS9.47
TBVpS8.37
PEG (NY)N/A
PEG (5Y)N/A
Graham Number17.09
Profitability
Industry RankSector Rank
ROA 3.36%
ROE 14.46%
ROCE 5.28%
ROIC 4.55%
ROICexc 6.8%
ROICexgc 7.31%
OM 3.83%
PM (TTM) 4.2%
GM 42.78%
FCFM 2.3%
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-Score8
Asset Turnover0.8
Health
Industry RankSector Rank
Debt/Equity 1.06
Debt/FCF 16.07
Debt/EBITDA 3.07
Cap/Depr 146.7%
Cap/Sales 9.1%
Interest Coverage 1.76
Cash Conversion 113.59%
Profit Quality 54.78%
Current Ratio 0.85
Quick Ratio 0.77
Altman-Z 1.19
F-Score8
WACC8.24%
ROIC/WACC0.55
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)80.26%
EPS 3YN/A
EPS 5Y-8.68%
EPS Q2Q%-11.96%
EPS Next Y-2.33%
EPS Next 2Y4.75%
EPS Next 3Y7.82%
EPS Next 5Y11.57%
Revenue 1Y (TTM)5.95%
Revenue growth 3Y30.76%
Revenue growth 5Y0.63%
Sales Q2Q%4.29%
Revenue Next Year6.14%
Revenue Next 2Y5.15%
Revenue Next 3Y4.88%
Revenue Next 5Y4.07%
EBIT growth 1Y12.2%
EBIT growth 3YN/A
EBIT growth 5Y-1.9%
EBIT Next Year170.56%
EBIT Next 3Y47.24%
EBIT Next 5Y30.12%
FCF growth 1Y-26.35%
FCF growth 3YN/A
FCF growth 5Y-14.95%
OCF growth 1Y7.12%
OCF growth 3Y113.67%
OCF growth 5Y-0.62%

DEUTSCHE LUFTHANSA-REG / 1LHA.MI FAQ

What is the ChartMill fundamental rating of DEUTSCHE LUFTHANSA-REG (1LHA.MI) stock?

ChartMill assigns a fundamental rating of 4 / 10 to 1LHA.MI.


What is the valuation status of DEUTSCHE LUFTHANSA-REG (1LHA.MI) stock?

ChartMill assigns a valuation rating of 5 / 10 to DEUTSCHE LUFTHANSA-REG (1LHA.MI). This can be considered as Fairly Valued.


How profitable is DEUTSCHE LUFTHANSA-REG (1LHA.MI) stock?

DEUTSCHE LUFTHANSA-REG (1LHA.MI) has a profitability rating of 3 / 10.


Can you provide the PE and PB ratios for 1LHA stock?

The Price/Earnings (PE) ratio for DEUTSCHE LUFTHANSA-REG (1LHA.MI) is 6.7 and the Price/Book (PB) ratio is 0.97.


Can you provide the financial health for 1LHA stock?

The financial health rating of DEUTSCHE LUFTHANSA-REG (1LHA.MI) is 3 / 10.