HORNBACH HOLDING AG & CO KGA (HBH.DE) Stock Fundamental Analysis
Europe • Frankfurt Stock Exchange • FRA:HBH • DE0006083405
80.7 EUR
+0.2 (+0.25%)
Last: Jan 30, 2026, 07:00 PM
Taking everything into account, HBH scores 5 out of 10 in our fundamental rating. HBH was compared to 59 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 on the other hand it scores bad on growth. Finally HBH also has an excellent dividend rating.
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.
- 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
- The Return On Assets of HBH (3.03%) is better than 64.41% of its industry peers.
- HBH has a Return On Equity of 6.72%. This is comparable to the rest of the industry: HBH outperforms 54.24% of its industry peers.
- HBH has a Return On Invested Capital (5.28%) which is in line with its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for HBH is below the industry average of 10.14%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.03% | ||
| ROE | 6.72% | ||
| ROIC | 5.28% |
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
- Looking at the Profit Margin, with a value of 2.21%, HBH is in the better half of the industry, outperforming 61.02% of the companies in the same industry.
- In the last couple of years the Profit Margin of HBH has remained more or less at the same level.
- The Operating Margin of HBH (4.07%) is comparable to the rest of the industry.
- 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 34.88%. This is comparable to the rest of the industry: HBH outperforms 52.54% of its industry peers.
- HBH's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.07% | ||
| PM (TTM) | 2.21% | ||
| 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
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), HBH is destroying value.
- HBH has about the same amout of shares outstanding than it did 1 year ago.
- HBH has about the same amout of shares outstanding than it did 5 years ago.
- Compared to 1 year ago, HBH has an improved debt to assets ratio.
2.2 Solvency
- An Altman-Z score of 2.60 indicates that HBH is not a great score, but indicates only limited risk for bankruptcy at the moment.
- HBH has a better Altman-Z score (2.60) than 71.19% of its industry peers.
- HBH has a debt to FCF ratio of 10.09. This is a negative value and a sign of low solvency as HBH would need 10.09 years to pay back of all of its debts.
- Looking at the Debt to FCF ratio, with a value of 10.09, HBH is in line with its industry, outperforming 44.07% of the companies in the same industry.
- HBH has a Debt/Equity ratio of 0.61. This is a neutral value indicating HBH is somewhat dependend on debt financing.
- The Debt to Equity ratio of HBH (0.61) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.61 | ||
| Debt/FCF | 10.09 | ||
| Altman-Z | 2.6 |
ROIC/WACC0.96
WACC5.52%
2.3 Liquidity
- A Current Ratio of 1.62 indicates that HBH should not have too much problems paying its short term obligations.
- HBH has a Current ratio of 1.62. This is in the better half of the industry: HBH outperforms 79.66% of its industry peers.
- 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 in line with its industry peers.
| 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 -17.10%.
- The Earnings Per Share has been growing slightly by 6.06% on average over the past years.
- Looking at the last year, HBH shows a small growth in Revenue. The Revenue has grown by 3.26% in the last 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)-17.1%
EPS 3Y-10.97%
EPS 5Y6.06%
EPS Q2Q%-39.62%
Revenue 1Y (TTM)3.26%
Revenue growth 3Y1.81%
Revenue growth 5Y5.57%
Sales Q2Q%2.23%
3.2 Future
- The Earnings Per Share is expected to grow by 4.22% on average over the next years.
- Based on estimates for the next years, HBH will show a small growth in Revenue. The Revenue will grow by 2.75% on average per year.
EPS Next Y-5.27%
EPS Next 2Y0.84%
EPS Next 3Y2.93%
EPS Next 5Y4.22%
Revenue Next Year3.14%
Revenue Next 2Y2.81%
Revenue Next 3Y2.51%
Revenue Next 5Y2.75%
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- 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 9.65.
- Compared to the rest of the industry, the Price/Earnings ratio of HBH indicates a rather cheap valuation: HBH is cheaper than 86.44% of the companies listed in the same industry.
- HBH's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.32.
- With a Price/Forward Earnings ratio of 8.38, the valuation of HBH can be described as very reasonable.
- Based on the Price/Forward Earnings ratio, HBH is valued cheaply inside the industry as 84.75% of the companies are valued more expensively.
- When comparing the Price/Forward Earnings ratio of HBH to the average of the S&P500 Index (25.57), we can say HBH is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.65 | ||
| Fwd PE | 8.38 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of HBH indicates a somewhat cheap valuation: HBH is cheaper than 77.97% of the companies listed in the same industry.
- Based on the Price/Free Cash Flow ratio, HBH is valued a bit cheaper than 67.80% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.25 | ||
| EV/EBITDA | 4.89 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)1.59
EPS Next 2Y0.84%
EPS Next 3Y2.93%
5. Dividend
5.1 Amount
- HBH has a Yearly Dividend Yield of 2.98%. Purely for dividend investing, there may be better candidates out there.
- Compared to an average industry Dividend Yield of 1.35, HBH pays a better dividend. On top of this HBH pays more dividend than 83.05% of the companies listed in the same industry.
- HBH's Dividend Yield is rather good when compared to the S&P500 average which is at 1.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.98% |
5.2 History
- On average, the dividend of HBH grows each year by 9.85%, which is quite nice.
Dividend Growth(5Y)9.85%
Div Incr Years0
Div Non Decr Years7
5.3 Sustainability
- 28.76% 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.
DP28.76%
EPS Next 2Y0.84%
EPS Next 3Y2.93%
HORNBACH HOLDING AG & CO KGA / HBH.DE FAQ
Can you provide the ChartMill fundamental rating for HORNBACH HOLDING AG & CO KGA?
ChartMill assigns a fundamental rating of 5 / 10 to HBH.DE.
What is the valuation status of HORNBACH HOLDING AG & CO KGA (HBH.DE) stock?
ChartMill assigns a valuation rating of 6 / 10 to HORNBACH HOLDING AG & CO KGA (HBH.DE). This can be considered as Fairly Valued.
What is the profitability of HBH stock?
HORNBACH HOLDING AG & CO KGA (HBH.DE) has a profitability rating of 5 / 10.
What is the financial health of HORNBACH HOLDING AG & CO KGA (HBH.DE) stock?
The financial health rating of HORNBACH HOLDING AG & CO KGA (HBH.DE) is 4 / 10.
What is the earnings growth outlook for HORNBACH HOLDING AG & CO KGA?
The Earnings per Share (EPS) of HORNBACH HOLDING AG & CO KGA (HBH.DE) is expected to decline by -5.27% in the next year.