HORNBACH HOLDING AG & CO KGA (HBH.DE) Stock Fundamental Analysis
FRA:HBH - Deutsche Boerse Ag - DE0006083405 - Common Stock - Currency: EUR
We assign a fundamental rating of 5 out of 10 to HBH. HBH was compared to 49 industry peers in the Specialty Retail industry. HBH has only an average score on both its financial health and profitability. HBH may be a bit undervalued, certainly considering the very reasonable score on growth
1. Profitability
1.1 Basic Checks
In the past year HBH was profitable.
In the past year HBH had a positive cash flow from operations.
Each year in the past 5 years HBH has been profitable.
Each year in the past 5 years HBH had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 3.21%, HBH is in the better half of the industry, outperforming 71.43% of the companies in the same industry.
HBH has a Return On Equity of 7.34%. This is in the better half of the industry: HBH outperforms 65.31% of its industry peers.
HBH's Return On Invested Capital of 5.46% is fine compared to the rest of the industry. HBH outperforms 61.22% of its industry peers.
The Average Return On Invested Capital over the past 3 years for HBH is below the industry average of 8.30%.
The last Return On Invested Capital (5.46%) for HBH is above the 3 year average (5.42%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.21% | ||
| ROE | 7.34% | ||
| ROIC | 5.46% |
ROA(3y)3.06%
ROA(5y)3.59%
ROE(3y)7.6%
ROE(5y)9.25%
ROIC(3y)5.42%
ROIC(5y)6.27%
1.3 Margins
HBH has a Profit Margin of 2.40%. This is in the better half of the industry: HBH outperforms 67.35% of its industry peers.
In the last couple of years the Profit Margin of HBH has remained more or less at the same level.
HBH has a better Operating Margin (4.25%) than 69.39% of its industry peers.
In the last couple of years the Operating Margin of HBH has remained more or less at the same level.
HBH has a Gross Margin of 34.81%. This is comparable to the rest of the industry: HBH outperforms 51.02% of its industry peers.
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 | 4.25% | ||
| PM (TTM) | 2.4% | ||
| GM | 34.81% |
OM growth 3Y-11.02%
OM growth 5Y-0.71%
PM growth 3Y-12.6%
PM growth 5Y0.44%
GM growth 3Y-0.17%
GM growth 5Y-0.55%
2. Health
2.1 Basic Checks
HBH has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for HBH remains at a similar level compared to 1 year ago.
HBH has about the same amout of shares outstanding than it did 5 years ago.
The debt/assets ratio for HBH has been reduced compared to a year ago.
2.2 Solvency
HBH has an Altman-Z score of 2.63. 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 2.63, HBH is in the better half of the industry, outperforming 69.39% of the companies in the same industry.
HBH has a debt to FCF ratio of 6.56. This is a slightly negative value and a sign of low solvency as HBH would need 6.56 years to pay back of all of its debts.
HBH has a Debt to FCF ratio of 6.56. This is comparable to the rest of the industry: HBH outperforms 51.02% of its industry peers.
A Debt/Equity ratio of 0.64 indicates that HBH is somewhat dependend on debt financing.
HBH's Debt to Equity ratio of 0.64 is in line compared to the rest of the industry. HBH outperforms 48.98% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.64 | ||
| Debt/FCF | 6.56 | ||
| Altman-Z | 2.63 |
ROIC/WACC1.15
WACC4.75%
2.3 Liquidity
HBH has a Current Ratio of 1.58. This is a normal value and indicates that HBH is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Current ratio value of 1.58, HBH is doing good in the industry, outperforming 69.39% of the companies in the same industry.
A Quick Ratio of 0.53 indicates that HBH may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.53, HBH is in line with its industry, outperforming 55.10% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.58 | ||
| Quick Ratio | 0.53 |
3. Growth
3.1 Past
The earnings per share for HBH have decreased by -1.74% in the last year.
Measured over the past 5 years, HBH shows a small growth in Earnings Per Share. The EPS has been growing by 6.06% on average per year.
HBH shows a small growth in Revenue. In the last year, the Revenue has grown by 1.78%.
The Revenue has been growing slightly by 5.57% on average over the past years.
EPS 1Y (TTM)-1.74%
EPS 3Y-10.97%
EPS 5Y6.06%
EPS Q2Q%11.07%
Revenue 1Y (TTM)1.78%
Revenue growth 3Y1.81%
Revenue growth 5Y5.57%
Sales Q2Q%5.73%
3.2 Future
Based on estimates for the next years, HBH will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.65% on average per year.
Based on estimates for the next years, HBH will show a small growth in Revenue. The Revenue will grow by 2.64% on average per year.
EPS Next Y8.3%
EPS Next 2Y8.22%
EPS Next 3Y6.47%
EPS Next 5Y11.65%
Revenue Next Year2.8%
Revenue Next 2Y2.8%
Revenue Next 3Y2.21%
Revenue Next 5Y2.64%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
HBH is valuated reasonably with a Price/Earnings ratio of 10.78.
Compared to the rest of the industry, the Price/Earnings ratio of HBH indicates a rather cheap valuation: HBH is cheaper than 87.76% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of HBH to the average of the S&P500 Index (27.45), we can say HBH is valued rather cheaply.
A Price/Forward Earnings ratio of 9.28 indicates a reasonable valuation of HBH.
HBH's Price/Forward Earnings ratio is rather cheap when compared to the industry. HBH is cheaper than 83.67% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of HBH to the average of the S&P500 Index (21.90), we can say HBH is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.78 | ||
| Fwd PE | 9.28 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, HBH is valued a bit cheaper than the industry average as 77.55% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of HBH indicates a somewhat cheap valuation: HBH is cheaper than 75.51% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.7 | ||
| EV/EBITDA | 5.5 |
4.3 Compensation for Growth
HBH's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of HBH may justify a higher PE ratio.
PEG (NY)1.3
PEG (5Y)1.78
EPS Next 2Y8.22%
EPS Next 3Y6.47%
5. Dividend
5.1 Amount
HBH has a Yearly Dividend Yield of 2.36%.
Compared to an average industry Dividend Yield of 4.99, HBH pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.42, HBH has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.36% |
5.2 History
The dividend of HBH is nicely growing with an annual growth rate of 9.85%!
Dividend Growth(5Y)9.85%
Div Incr Years0
Div Non Decr Years7
5.3 Sustainability
26.39% of the earnings are spent on dividend by HBH. This is a low number and sustainable payout ratio.
The dividend of HBH is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP26.39%
EPS Next 2Y8.22%
EPS Next 3Y6.47%
FRA:HBH (7/4/2025, 7:00:00 PM)
102.2
-2.6 (-2.48%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners37.45%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap1.64B
Analysts76.92
Price Target100.92 (-1.25%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.36% |
Yearly Dividend2.4
Dividend Growth(5Y)9.85%
DP26.39%
Div Incr Years0
Div Non Decr Years7
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)2.65%
PT rev (3m)4.95%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-0.18%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.03%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.78 | ||
| Fwd PE | 9.28 | ||
| P/S | 0.26 | ||
| P/FCF | 6.7 | ||
| P/OCF | 3.62 | ||
| P/B | 0.79 | ||
| P/tB | 0.82 | ||
| EV/EBITDA | 5.5 |
EPS(TTM)9.48
EY9.28%
EPS(NY)11.01
Fwd EY10.77%
FCF(TTM)15.25
FCFY14.92%
OCF(TTM)28.26
OCFY27.65%
SpS393.97
BVpS128.74
TBVpS124.44
PEG (NY)1.3
PEG (5Y)1.78
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.21% | ||
| ROE | 7.34% | ||
| ROCE | 7.58% | ||
| ROIC | 5.46% | ||
| ROICexc | 6.21% | ||
| ROICexgc | 6.35% | ||
| OM | 4.25% | ||
| PM (TTM) | 2.4% | ||
| GM | 34.81% | ||
| FCFM | 3.87% |
ROA(3y)3.06%
ROA(5y)3.59%
ROE(3y)7.6%
ROE(5y)9.25%
ROIC(3y)5.42%
ROIC(5y)6.27%
ROICexc(3y)6.06%
ROICexc(5y)7.06%
ROICexgc(3y)6.15%
ROICexgc(5y)7.14%
ROCE(3y)7.9%
ROCE(5y)8.92%
ROICexcg growth 3Y-12.1%
ROICexcg growth 5Y1.73%
ROICexc growth 3Y-12.5%
ROICexc growth 5Y1.43%
OM growth 3Y-11.02%
OM growth 5Y-0.71%
PM growth 3Y-12.6%
PM growth 5Y0.44%
GM growth 3Y-0.17%
GM growth 5Y-0.55%
F-Score5
Asset Turnover1.34
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.64 | ||
| Debt/FCF | 6.56 | ||
| Debt/EBITDA | 2.53 | ||
| Cap/Depr | 83.05% | ||
| Cap/Sales | 3.3% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 87.16% | ||
| Profit Quality | 161.31% | ||
| Current Ratio | 1.58 | ||
| Quick Ratio | 0.53 | ||
| Altman-Z | 2.63 |
F-Score5
WACC4.75%
ROIC/WACC1.15
Cap/Depr(3y)71.93%
Cap/Depr(5y)74.88%
Cap/Sales(3y)2.99%
Cap/Sales(5y)2.97%
Profit Quality(3y)154.75%
Profit Quality(5y)132.77%
High Growth Momentum
Growth
EPS 1Y (TTM)-1.74%
EPS 3Y-10.97%
EPS 5Y6.06%
EPS Q2Q%11.07%
EPS Next Y8.3%
EPS Next 2Y8.22%
EPS Next 3Y6.47%
EPS Next 5Y11.65%
Revenue 1Y (TTM)1.78%
Revenue growth 3Y1.81%
Revenue growth 5Y5.57%
Sales Q2Q%5.73%
Revenue Next Year2.8%
Revenue Next 2Y2.8%
Revenue Next 3Y2.21%
Revenue Next 5Y2.64%
EBIT growth 1Y2.25%
EBIT growth 3Y-9.41%
EBIT growth 5Y4.82%
EBIT Next Year105.34%
EBIT Next 3Y29.49%
EBIT Next 5Y29.46%
FCF growth 1Y211.93%
FCF growth 3Y-6.83%
FCF growth 5Y-6.99%
OCF growth 1Y61.21%
OCF growth 3Y-2.63%
OCF growth 5Y-0.37%