HENKEL AG & CO KGAA (HEN.DE) Stock Fundamental Analysis
Europe - FRA:HEN - DE0006048408 - Common Stock
65.95 EUR
-0.35 (-0.53%)
HEN gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 9 industry peers in the Household Products industry. HEN has an excellent financial health rating, but there are some minor concerns on its profitability. HEN is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year HEN was profitable.
In the past year HEN had a positive cash flow from operations.
In the past 5 years HEN has always been profitable.
Each year in the past 5 years HEN had a positive operating cash flow.
1.2 Ratios
HEN has a Return On Assets (5.69%) which is in line with its industry peers.
HEN has a worse Return On Equity (9.24%) than 66.67% of its industry peers.
The Return On Invested Capital of HEN (8.43%) is worse than 66.67% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for HEN is significantly below the industry average of 19.59%.
The 3 year average ROIC (7.40%) for HEN is below the current ROIC(8.43%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.69% | ||
| ROE | 9.24% | ||
| ROIC | 8.43% |
ROA(3y)4.55%
ROA(5y)4.66%
ROE(3y)7.37%
ROE(5y)7.67%
ROIC(3y)7.4%
ROIC(5y)7.4%
1.3 Margins
The Profit Margin of HEN (9.30%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of HEN has declined.
Looking at the Operating Margin, with a value of 14.05%, HEN is doing worse than 66.67% of the companies in the same industry.
In the last couple of years the Operating Margin of HEN has declined.
HEN's Gross Margin of 50.60% is in line compared to the rest of the industry. HEN outperforms 44.44% of its industry peers.
In the last couple of years the Gross Margin of HEN has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.05% | ||
| PM (TTM) | 9.3% | ||
| GM | 50.6% |
OM growth 3Y5.49%
OM growth 5Y-2.31%
PM growth 3Y4.52%
PM growth 5Y-2.15%
GM growth 3Y3.84%
GM growth 5Y1.81%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so HEN is still creating some value.
The number of shares outstanding for HEN remains at a similar level compared to 1 year ago.
Compared to 5 years ago, HEN has less shares outstanding
HEN has a worse debt/assets ratio than last year.
2.2 Solvency
HEN has an Altman-Z score of 3.15. This indicates that HEN is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.15, HEN is in line with its industry, outperforming 55.56% of the companies in the same industry.
The Debt to FCF ratio of HEN is 1.43, which is an excellent value as it means it would take HEN, only 1.43 years of fcf income to pay off all of its debts.
HEN has a better Debt to FCF ratio (1.43) than 100.00% of its industry peers.
HEN has a Debt/Equity ratio of 0.09. This is a healthy value indicating a solid balance between debt and equity.
HEN's Debt to Equity ratio of 0.09 is amongst the best of the industry. HEN outperforms 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 1.43 | ||
| Altman-Z | 3.15 |
ROIC/WACC1.25
WACC6.76%
2.3 Liquidity
A Current Ratio of 1.21 indicates that HEN should not have too much problems paying its short term obligations.
HEN has a Current ratio of 1.21. This is amongst the best in the industry. HEN outperforms 100.00% of its industry peers.
A Quick Ratio of 0.93 indicates that HEN may have some problems paying its short term obligations.
HEN has a Quick ratio of 0.93. This is amongst the best in the industry. HEN outperforms 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.21 | ||
| Quick Ratio | 0.93 |
3. Growth
3.1 Past
HEN shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -9.65%.
The Earnings Per Share has been growing slightly by 4.39% on average over the past years.
HEN shows a small growth in Revenue. In the last year, the Revenue has grown by 1.08%.
HEN shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.13% yearly.
EPS 1Y (TTM)-9.65%
EPS 3Y0.43%
EPS 5Y4.39%
EPS Q2Q%N/A
Revenue 1Y (TTM)1.08%
Revenue growth 3Y2.43%
Revenue growth 5Y4.13%
Sales Q2Q%-6.11%
3.2 Future
The Earnings Per Share is expected to grow by 0.10% on average over the next years.
The Revenue is expected to grow by 1.45% on average over the next years.
EPS Next Y-19.66%
EPS Next 2Y-7.54%
EPS Next 3Y-9.55%
EPS Next 5Y0.1%
Revenue Next Year-4.4%
Revenue Next 2Y-0.2%
Revenue Next 3Y3.57%
Revenue Next 5Y1.45%
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 decreasing.
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
HEN is valuated correctly with a Price/Earnings ratio of 12.15.
100.00% of the companies in the same industry are more expensive than HEN, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 27.57. HEN is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 14.21, which indicates a correct valuation of HEN.
HEN's Price/Forward Earnings ratio is rather cheap when compared to the industry. HEN is cheaper than 100.00% of the companies in the same industry.
HEN is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.09, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.15 | ||
| Fwd PE | 14.21 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, HEN is valued cheaper than 100.00% of the companies in the same industry.
100.00% of the companies in the same industry are more expensive than HEN, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.58 | ||
| EV/EBITDA | 7.11 |
4.3 Compensation for Growth
A cheap valuation may be justified as HEN's earnings are expected to decrease with -9.55% in the coming years.
PEG (NY)N/A
PEG (5Y)2.77
EPS Next 2Y-7.54%
EPS Next 3Y-9.55%
5. Dividend
5.1 Amount
HEN has a Yearly Dividend Yield of 2.88%.
HEN's Dividend Yield is comparable with the industry average which is at 3.12.
HEN's Dividend Yield is a higher than the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.88% |
5.2 History
The dividend of HEN has a limited annual growth rate of 0.01%.
Dividend Growth(5Y)0.01%
Div Incr Years1
Div Non Decr Years4
5.3 Sustainability
HEN pays out 38.42% of its income as dividend. This is a sustainable payout ratio.
HEN's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP38.42%
EPS Next 2Y-7.54%
EPS Next 3Y-9.55%
FRA:HEN (10/23/2025, 5:35:15 PM)
65.95
-0.35 (-0.53%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupHousehold & Personal Products
GICS IndustryHousehold Products
Earnings (Last)
Earnings (Next)
Inst Owners33.43%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap28.88B
Revenue(TTM)20.11B
Net Income(TTM)2.01B
Analysts73.1
Price Target75.86 (15.03%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.88% |
Yearly Dividend1.84
Dividend Growth(5Y)0.01%
DP38.42%
Div Incr Years1
Div Non Decr Years4
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)0
Avg Revenue beat(2)-3.07%
Min Revenue beat(2)-4.15%
Max Revenue beat(2)-1.99%
Revenue beat(4)0
Avg Revenue beat(4)-2.84%
Min Revenue beat(4)-4.15%
Max Revenue beat(4)-1.2%
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)1.14%
PT rev (3m)0.06%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0.1%
EPS NY rev (3m)-2%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-0.56%
Revenue NY rev (3m)-4.28%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.15 | ||
| Fwd PE | 14.21 | ||
| P/S | 1.34 | ||
| P/FCF | 11.58 | ||
| P/OCF | 9.26 | ||
| P/B | 1.33 | ||
| P/tB | 9.79 | ||
| EV/EBITDA | 7.11 |
EPS(TTM)5.43
EY8.23%
EPS(NY)4.64
Fwd EY7.04%
FCF(TTM)5.69
FCFY8.63%
OCF(TTM)7.12
OCFY10.8%
SpS49.29
BVpS49.62
TBVpS6.74
PEG (NY)N/A
PEG (5Y)2.77
Graham Number77.86
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.69% | ||
| ROE | 9.24% | ||
| ROCE | 11.58% | ||
| ROIC | 8.43% | ||
| ROICexc | 9.96% | ||
| ROICexgc | 65.47% | ||
| OM | 14.05% | ||
| PM (TTM) | 9.3% | ||
| GM | 50.6% | ||
| FCFM | 11.55% |
ROA(3y)4.55%
ROA(5y)4.66%
ROE(3y)7.37%
ROE(5y)7.67%
ROIC(3y)7.4%
ROIC(5y)7.4%
ROICexc(3y)8.21%
ROICexc(5y)8.46%
ROICexgc(3y)38.07%
ROICexgc(5y)50.87%
ROCE(3y)10.33%
ROCE(5y)10.33%
ROICexgc growth 3Y-20.16%
ROICexgc growth 5Y2.75%
ROICexc growth 3Y0.22%
ROICexc growth 5Y-1.51%
OM growth 3Y5.49%
OM growth 5Y-2.31%
PM growth 3Y4.52%
PM growth 5Y-2.15%
GM growth 3Y3.84%
GM growth 5Y1.81%
F-Score7
Asset Turnover0.61
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 1.43 | ||
| Debt/EBITDA | 0.53 | ||
| Cap/Depr | 75.79% | ||
| Cap/Sales | 2.9% | ||
| Interest Coverage | 29.44 | ||
| Cash Conversion | 80.87% | ||
| Profit Quality | 124.27% | ||
| Current Ratio | 1.21 | ||
| Quick Ratio | 0.93 | ||
| Altman-Z | 3.15 |
F-Score7
WACC6.76%
ROIC/WACC1.25
Cap/Depr(3y)69.93%
Cap/Depr(5y)68.24%
Cap/Sales(3y)2.79%
Cap/Sales(5y)3.06%
Profit Quality(3y)125.68%
Profit Quality(5y)127.29%
High Growth Momentum
Growth
EPS 1Y (TTM)-9.65%
EPS 3Y0.43%
EPS 5Y4.39%
EPS Q2Q%N/A
EPS Next Y-19.66%
EPS Next 2Y-7.54%
EPS Next 3Y-9.55%
EPS Next 5Y0.1%
Revenue 1Y (TTM)1.08%
Revenue growth 3Y2.43%
Revenue growth 5Y4.13%
Sales Q2Q%-6.11%
Revenue Next Year-4.4%
Revenue Next 2Y-0.2%
Revenue Next 3Y3.57%
Revenue Next 5Y1.45%
EBIT growth 1Y33.1%
EBIT growth 3Y8.09%
EBIT growth 5Y-0.92%
EBIT Next Year24.69%
EBIT Next 3Y10.1%
EBIT Next 5Y7.3%
FCF growth 1Y-5.78%
FCF growth 3Y18.63%
FCF growth 5Y-0.55%
OCF growth 1Y-4.15%
OCF growth 3Y13.37%
OCF growth 5Y-0.76%