HORNBACH HOLDING AG & CO KGA (HBH.DE) Stock Fundamental Analysis
Europe - FRA:HBH - DE0006083405 - Common Stock
86.8 EUR
-0.1 (-0.12%)
We assign a fundamental rating of 5 out of 10 to HBH. HBH was compared to 53 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 has a valuation in line with the averages, but it does not seem to be growing.
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.
HBH had positive earnings in each of the past 5 years.
Each year in the past 5 years HBH had a positive operating cash flow.
1.2 Ratios
HBH's Return On Assets of 3.03% is fine compared to the rest of the industry. HBH outperforms 64.15% of its industry peers.
HBH has a Return On Equity (6.71%) which is in line with its industry peers.
With a decent Return On Invested Capital value of 5.27%, HBH is doing good in the industry, outperforming 60.38% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for HBH is below the industry average of 10.25%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.03% | ||
| ROE | 6.71% | ||
| ROIC | 5.27% |
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's Profit Margin of 2.20% is fine compared to the rest of the industry. HBH outperforms 64.15% of its industry peers.
HBH's Profit Margin has been stable in the last couple of years.
HBH has a better Operating Margin (4.07%) than 64.15% of its industry peers.
HBH's Operating Margin has been stable in the last couple of years.
HBH has a Gross Margin (34.88%) which is comparable to the rest of the industry.
HBH's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.07% | ||
| PM (TTM) | 2.2% | ||
| GM | 34.88% |
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.
Compared to 1 year ago, HBH has about the same amount of shares outstanding.
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 2.62. 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.
With a decent Altman-Z score value of 2.62, HBH is doing good in the industry, outperforming 67.92% of the companies in the same industry.
The Debt to FCF ratio of HBH is 10.05, which is on the high side as it means it would take HBH, 10.05 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 10.05, HBH is in line with its industry, outperforming 49.06% of the companies in the same industry.
A Debt/Equity ratio of 0.61 indicates that HBH is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.61, HBH is in line with its industry, outperforming 50.94% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.61 | ||
| Debt/FCF | 10.05 | ||
| Altman-Z | 2.62 |
ROIC/WACC1.08
WACC4.86%
2.3 Liquidity
A Current Ratio of 1.62 indicates that HBH should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.62, HBH is in the better half of the industry, outperforming 77.36% of the companies in the same industry.
A Quick Ratio of 0.55 indicates that HBH may have some problems paying its short term obligations.
HBH has a Quick ratio (0.55) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.62 | ||
| Quick Ratio | 0.55 |
3. Growth
3.1 Past
HBH shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -18.59%.
The Earnings Per Share has been growing slightly by 6.06% on average over the past years.
The Revenue has been growing slightly by 3.05% in the past year.
Measured over the past years, HBH shows a small growth in Revenue. The Revenue has been growing by 5.57% on average per year.
EPS 1Y (TTM)-18.59%
EPS 3Y-10.97%
EPS 5Y6.06%
EPS Q2Q%-14.62%
Revenue 1Y (TTM)3.05%
Revenue growth 3Y1.81%
Revenue growth 5Y5.57%
Sales Q2Q%3.04%
3.2 Future
HBH is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.22% yearly.
The Revenue is expected to grow by 2.85% on average over the next years.
EPS Next Y4.99%
EPS Next 2Y6.02%
EPS Next 3Y6.14%
EPS Next 5Y4.22%
Revenue Next Year2.91%
Revenue Next 2Y2.77%
Revenue Next 3Y2.26%
Revenue Next 5Y2.85%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less 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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 9.89, which indicates a very decent valuation of HBH.
Compared to the rest of the industry, the Price/Earnings ratio of HBH indicates a rather cheap valuation: HBH is cheaper than 86.79% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of HBH to the average of the S&P500 Index (27.42), we can say HBH is valued rather cheaply.
HBH is valuated reasonably with a Price/Forward Earnings ratio of 8.16.
83.02% of the companies in the same industry are more expensive than HBH, based on the Price/Forward Earnings ratio.
HBH's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.94.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.89 | ||
| Fwd PE | 8.16 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, HBH is valued a bit cheaper than 79.25% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, HBH is valued a bit cheaper than the industry average as 71.70% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.84 | ||
| EV/EBITDA | 5.09 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates HBH does not grow enough to justify the current Price/Earnings ratio.
HBH has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.98
PEG (5Y)1.63
EPS Next 2Y6.02%
EPS Next 3Y6.14%
5. Dividend
5.1 Amount
HBH has a Yearly Dividend Yield of 2.74%.
HBH's Dividend Yield is a higher than the industry average which is at 3.56.
Compared to an average S&P500 Dividend Yield of 2.36, HBH has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.74% |
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
28.52% of the earnings are spent on dividend by HBH. This is a low number and sustainable payout ratio.
HBH's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP28.52%
EPS Next 2Y6.02%
EPS Next 3Y6.14%
FRA:HBH (10/20/2025, 11:19:16 AM)
86.8
-0.1 (-0.12%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners37.92%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap1.39B
Analysts75
Price Target105.57 (21.62%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.74% |
Yearly Dividend2.4
Dividend Growth(5Y)9.85%
DP28.52%
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)0%
PT rev (3m)2.53%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.43%
EPS NY rev (3m)-2.39%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)2.53%
Revenue NY rev (3m)0.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.89 | ||
| Fwd PE | 8.16 | ||
| P/S | 0.22 | ||
| P/FCF | 8.84 | ||
| P/OCF | 3.51 | ||
| P/B | 0.67 | ||
| P/tB | 0.69 | ||
| EV/EBITDA | 5.09 |
EPS(TTM)8.78
EY10.12%
EPS(NY)10.64
Fwd EY12.26%
FCF(TTM)9.81
FCFY11.31%
OCF(TTM)24.76
OCFY28.53%
SpS397.09
BVpS130.32
TBVpS125.74
PEG (NY)1.98
PEG (5Y)1.63
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.03% | ||
| ROE | 6.71% | ||
| ROCE | 7.31% | ||
| ROIC | 5.27% | ||
| ROICexc | 5.9% | ||
| ROICexgc | 6.05% | ||
| OM | 4.07% | ||
| PM (TTM) | 2.2% | ||
| GM | 34.88% | ||
| FCFM | 2.47% |
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 Turnover1.37
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.61 | ||
| Debt/FCF | 10.05 | ||
| Debt/EBITDA | 2.52 | ||
| Cap/Depr | 95.62% | ||
| Cap/Sales | 3.76% | ||
| Interest Coverage | 4.43 | ||
| Cash Conversion | 77.91% | ||
| Profit Quality | 112.18% | ||
| Current Ratio | 1.62 | ||
| Quick Ratio | 0.55 | ||
| Altman-Z | 2.62 |
F-Score5
WACC4.86%
ROIC/WACC1.08
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)-18.59%
EPS 3Y-10.97%
EPS 5Y6.06%
EPS Q2Q%-14.62%
EPS Next Y4.99%
EPS Next 2Y6.02%
EPS Next 3Y6.14%
EPS Next 5Y4.22%
Revenue 1Y (TTM)3.05%
Revenue growth 3Y1.81%
Revenue growth 5Y5.57%
Sales Q2Q%3.04%
Revenue Next Year2.91%
Revenue Next 2Y2.77%
Revenue Next 3Y2.26%
Revenue Next 5Y2.85%
EBIT growth 1Y-10.65%
EBIT growth 3Y-9.41%
EBIT growth 5Y4.82%
EBIT Next Year100.99%
EBIT Next 3Y29.32%
EBIT Next 5Y29.46%
FCF growth 1Y37.71%
FCF growth 3Y-6.83%
FCF growth 5Y-6.99%
OCF growth 1Y34.38%
OCF growth 3Y-2.63%
OCF growth 5Y-0.37%