HORNBACH HOLDING AG & CO KGA (HBH.DE) Stock Fundamental Analysis
FRA:HBH - Deutsche Boerse Ag - DE0006083405 - Common Stock - Currency: EUR
Overall HBH gets a fundamental rating of 6 out of 10. We evaluated HBH against 54 industry peers in the Specialty Retail industry. Both the profitability and the financial health of HBH get a neutral evaluation. Nothing too spectacular is happening here. HBH scores decently on growth, while it is valued quite cheap. This could make an interesting combination. HBH also has an excellent dividend rating. These ratings could make HBH a good candidate for value and dividend investing.
1. Profitability
1.1 Basic Checks
HBH had positive earnings in the past year.
HBH had a positive operating cash flow in the past year.
In the past 5 years HBH has always been profitable.
Each year in the past 5 years HBH had a positive operating cash flow.
1.2 Ratios
HBH's Return On Assets of 3.62% is fine compared to the rest of the industry. HBH outperforms 75.47% of its industry peers.
With a decent Return On Equity value of 8.06%, HBH is doing good in the industry, outperforming 67.92% of the companies in the same industry.
HBH has a Return On Invested Capital of 5.93%. This is in the better half of the industry: HBH outperforms 69.81% of its industry peers.
HBH had an Average Return On Invested Capital over the past 3 years of 6.55%. This is below the industry average of 9.99%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.62% | ||
| ROE | 8.06% | ||
| ROIC | 5.93% |
ROA(3y)3.59%
ROA(5y)3.53%
ROE(3y)9.29%
ROE(5y)9.38%
ROIC(3y)6.55%
ROIC(5y)6.43%
1.3 Margins
The Profit Margin of HBH (2.60%) is better than 71.70% of its industry peers.
HBH's Profit Margin has improved in the last couple of years.
The Operating Margin of HBH (4.44%) is better than 69.81% of its industry peers.
HBH's Operating Margin has improved in the last couple of years.
The Gross Margin of HBH (34.84%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of HBH has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.44% | ||
| PM (TTM) | 2.6% | ||
| GM | 34.84% |
OM growth 3Y-10.53%
OM growth 5Y8.37%
PM growth 3Y-12.47%
PM growth 5Y6.29%
GM growth 3Y-1.35%
GM growth 5Y-1.23%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), HBH is creating some value.
Compared to 1 year ago, HBH has about the same amount of shares outstanding.
Compared to 5 years ago, HBH has about the same amount of shares outstanding.
Compared to 1 year ago, HBH has an improved debt to assets ratio.
2.2 Solvency
HBH has an Altman-Z score of 2.69. This is not the best score and indicates that HBH is in the grey zone with still only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.69, HBH is in the better half of the industry, outperforming 75.47% of the companies in the same industry.
The Debt to FCF ratio of HBH is 4.35, which is a neutral value as it means it would take HBH, 4.35 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 4.35, HBH is doing good in the industry, outperforming 71.70% of the companies in the same industry.
A Debt/Equity ratio of 0.65 indicates that HBH is somewhat dependend on debt financing.
HBH has a Debt to Equity ratio (0.65) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 4.35 | ||
| Altman-Z | 2.69 |
ROIC/WACC1.35
WACC4.41%
2.3 Liquidity
A Current Ratio of 1.78 indicates that HBH should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.78, HBH belongs to the top of the industry, outperforming 83.02% of the companies in the same industry.
HBH has a Quick Ratio of 1.78. This is a bad value and indicates that HBH is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.63, HBH is in the better half of the industry, outperforming 62.26% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.78 | ||
| Quick Ratio | 0.63 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 58.85% over the past year.
HBH shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 13.92% yearly.
HBH shows a small growth in Revenue. In the last year, the Revenue has grown by 0.08%.
The Revenue has been growing slightly by 7.15% on average over the past years.
EPS 1Y (TTM)58.85%
EPS 3Y-8.8%
EPS 5Y13.92%
EPS Q2Q%-39.77%
Revenue 1Y (TTM)0.08%
Revenue growth 3Y4.13%
Revenue growth 5Y7.15%
Sales Q2Q%1.34%
3.2 Future
The Earnings Per Share is expected to grow by 13.82% on average over the next years. This is quite good.
The Revenue is expected to grow by 3.36% on average over the next years.
EPS Next Y19.6%
EPS Next 2Y15.47%
EPS Next 3Y12.52%
EPS Next 5Y13.82%
Revenue Next Year1.52%
Revenue Next 2Y2.24%
Revenue Next 3Y2.43%
Revenue Next 5Y3.36%
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 stable.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
HBH is valuated reasonably with a Price/Earnings ratio of 8.38.
Compared to the rest of the industry, the Price/Earnings ratio of HBH indicates a rather cheap valuation: HBH is cheaper than 88.68% of the companies listed in the same industry.
HBH is valuated cheaply when we compare the Price/Earnings ratio to 29.35, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 8.28, the valuation of HBH can be described as reasonable.
Based on the Price/Forward Earnings ratio, HBH is valued cheaply inside the industry as 81.13% of the companies are valued more expensively.
HBH is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.10, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.38 | ||
| Fwd PE | 8.28 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, HBH is valued a bit cheaper than the industry average as 75.47% of the companies are valued more expensively.
81.13% of the companies in the same industry are more expensive than HBH, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.85 | ||
| EV/EBITDA | 4.71 |
4.3 Compensation for Growth
HBH's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of HBH may justify a higher PE ratio.
A more expensive valuation may be justified as HBH's earnings are expected to grow with 12.52% in the coming years.
PEG (NY)0.43
PEG (5Y)0.6
EPS Next 2Y15.47%
EPS Next 3Y12.52%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.82%, HBH has a reasonable but not impressive dividend return.
HBH's Dividend Yield is rather good when compared to the industry average which is at 5.08. HBH pays more dividend than 81.13% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.33, HBH pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.82% |
5.2 History
The dividend of HBH has a limited annual growth rate of 5.69%.
Dividend Growth(5Y)5.69%
Div Incr Years0
Div Non Decr Years6
5.3 Sustainability
HBH pays out 24.78% of its income as dividend. This is a sustainable payout ratio.
HBH's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP24.78%
EPS Next 2Y15.47%
EPS Next 3Y12.52%
FRA:HBH (3/7/2025, 7:00:00 PM)
84.5
-0.7 (-0.82%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners38.11%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap1.35B
Analysts80
Price Target96.16 (13.8%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.82% |
Yearly Dividend2.4
Dividend Growth(5Y)5.69%
DP24.78%
Div Incr Years0
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)-1.51%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-2.8%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.74%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.38 | ||
| Fwd PE | 8.28 | ||
| P/S | 0.22 | ||
| P/FCF | 3.85 | ||
| P/OCF | 2.69 | ||
| P/B | 0.68 | ||
| P/tB | 0.7 | ||
| EV/EBITDA | 4.71 |
EPS(TTM)10.08
EY11.93%
EPS(NY)10.2
Fwd EY12.07%
FCF(TTM)21.97
FCFY26.01%
OCF(TTM)31.4
OCFY37.16%
SpS386.58
BVpS124.87
TBVpS120.82
PEG (NY)0.43
PEG (5Y)0.6
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.62% | ||
| ROE | 8.06% | ||
| ROCE | 7.89% | ||
| ROIC | 5.93% | ||
| ROICexc | 6.69% | ||
| ROICexgc | 6.83% | ||
| OM | 4.44% | ||
| PM (TTM) | 2.6% | ||
| GM | 34.84% | ||
| FCFM | 5.68% |
ROA(3y)3.59%
ROA(5y)3.53%
ROE(3y)9.29%
ROE(5y)9.38%
ROIC(3y)6.55%
ROIC(5y)6.43%
ROICexc(3y)7.35%
ROICexc(5y)7.28%
ROICexgc(3y)7.42%
ROICexgc(5y)7.34%
ROCE(3y)9.01%
ROCE(5y)8.73%
ROICexcg growth 3Y-11.29%
ROICexcg growth 5Y4.72%
ROICexc growth 3Y-11.62%
ROICexc growth 5Y4.55%
OM growth 3Y-10.53%
OM growth 5Y8.37%
PM growth 3Y-12.47%
PM growth 5Y6.29%
GM growth 3Y-1.35%
GM growth 5Y-1.23%
F-Score6
Asset Turnover1.39
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 4.35 | ||
| Debt/EBITDA | 2.47 | ||
| Cap/Depr | 59.33% | ||
| Cap/Sales | 2.44% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 95.01% | ||
| Profit Quality | 218.46% | ||
| Current Ratio | 1.78 | ||
| Quick Ratio | 0.63 | ||
| Altman-Z | 2.69 |
F-Score6
WACC4.41%
ROIC/WACC1.35
Cap/Depr(3y)75.41%
Cap/Depr(5y)72.9%
Cap/Sales(3y)3.02%
Cap/Sales(5y)2.93%
Profit Quality(3y)150.65%
Profit Quality(5y)150.48%
High Growth Momentum
Growth
EPS 1Y (TTM)58.85%
EPS 3Y-8.8%
EPS 5Y13.92%
EPS Q2Q%-39.77%
EPS Next Y19.6%
EPS Next 2Y15.47%
EPS Next 3Y12.52%
EPS Next 5Y13.82%
Revenue 1Y (TTM)0.08%
Revenue growth 3Y4.13%
Revenue growth 5Y7.15%
Sales Q2Q%1.34%
Revenue Next Year1.52%
Revenue Next 2Y2.24%
Revenue Next 3Y2.43%
Revenue Next 5Y3.36%
EBIT growth 1Y48.26%
EBIT growth 3Y-6.83%
EBIT growth 5Y16.12%
EBIT Next Year121.08%
EBIT Next 3Y36.46%
EBIT Next 5Y26.91%
FCF growth 1Y1937.53%
FCF growth 3Y13.97%
FCF growth 5YN/A
OCF growth 1Y132.33%
OCF growth 3Y9.5%
OCF growth 5Y53.14%