HENKEL AG & CO KGAA (HEN.DE) Stock Fundamental Analysis

Europe • Frankfurt Stock Exchange • FRA:HEN • DE0006048408

74.1 EUR
+0.35 (+0.47%)
Last: Feb 6, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

5

HEN gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 8 industry peers in the Household Products industry. No worries on liquidiy or solvency for HEN as it has an excellent financial health rating, but there are worries on the profitability. HEN has a valuation in line with the averages, but on the other hand it scores bad on growth.


Dividend Valuation Growth Profitability Health

3

1. Profitability

1.1 Basic Checks

  • In the past year HEN was profitable.
  • HEN had a positive operating cash flow in the past year.
  • HEN had positive earnings in each of the past 5 years.
  • Each year in the past 5 years HEN had a positive operating cash flow.
HEN.DE Yearly Net Income VS EBIT VS OCF VS FCFHEN.DE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B

1.2 Ratios

  • HEN has a Return On Assets of 6.37%. This is in the lower half of the industry: HEN underperforms 60.00% of its industry peers.
  • HEN's Return On Equity of 10.42% is on the low side compared to the rest of the industry. HEN is outperformed by 60.00% of its industry peers.
  • With a Return On Invested Capital value of 9.12%, HEN is not doing good in the industry: 70.00% of the companies in the same industry are doing better.
  • The Average Return On Invested Capital over the past 3 years for HEN is significantly below the industry average of 17.39%.
  • The 3 year average ROIC (7.40%) for HEN is below the current ROIC(9.12%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 6.37%
ROE 10.42%
ROIC 9.12%
ROA(3y)4.55%
ROA(5y)4.66%
ROE(3y)7.37%
ROE(5y)7.67%
ROIC(3y)7.4%
ROIC(5y)7.4%
HEN.DE Yearly ROA, ROE, ROICHEN.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15

1.3 Margins

  • HEN has a worse Profit Margin (9.86%) than 60.00% of its industry peers.
  • HEN's Profit Margin has declined in the last couple of years.
  • HEN has a Operating Margin of 14.36%. This is in the lower half of the industry: HEN underperforms 70.00% of its industry peers.
  • HEN's Operating Margin has declined in the last couple of years.
  • With a Gross Margin value of 50.91%, HEN perfoms like the industry average, outperforming 60.00% of the companies in the same industry.
  • HEN's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 14.36%
PM (TTM) 9.86%
GM 50.91%
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%
HEN.DE Yearly Profit, Operating, Gross MarginsHEN.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30 40 50

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ROAROEROICOperating and Profit MarginShow most profitable peers

7

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), HEN is creating some value.
  • HEN has about the same amout of shares outstanding than it did 1 year ago.
  • HEN has less shares outstanding than it did 5 years ago.
  • Compared to 1 year ago, HEN has a worse debt to assets ratio.
HEN.DE Yearly Shares OutstandingHEN.DE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M
HEN.DE Yearly Total Debt VS Total AssetsHEN.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 10B 20B 30B

2.2 Solvency

  • HEN has an Altman-Z score of 3.52. This indicates that HEN is financially healthy and has little risk of bankruptcy at the moment.
  • HEN has a better Altman-Z score (3.52) than 70.00% of its industry peers.
  • HEN has a debt to FCF ratio of 1.79. This is a very positive value and a sign of high solvency as it would only need 1.79 years to pay back of all of its debts.
  • HEN has a better Debt to FCF ratio (1.79) than 100.00% of its industry peers.
  • A Debt/Equity ratio of 0.10 indicates that HEN is not too dependend on debt financing.
  • Looking at the Debt to Equity ratio, with a value of 0.10, HEN belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.1
Debt/FCF 1.79
Altman-Z 3.52
ROIC/WACC1.32
WACC6.92%
HEN.DE Yearly LT Debt VS Equity VS FCFHEN.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B 20B

2.3 Liquidity

  • A Current Ratio of 1.21 indicates that HEN should not have too much problems paying its short term obligations.
  • With an excellent Current ratio value of 1.21, HEN belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
  • A Quick Ratio of 0.91 indicates that HEN may have some problems paying its short term obligations.
  • With an excellent Quick ratio value of 0.91, HEN belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.21
Quick Ratio 0.91
HEN.DE Yearly Current Assets VS Current LiabilitesHEN.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B 10B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. Growth

3.1 Past

  • The earnings per share for HEN have decreased by -9.65% in the last year.
  • Measured over the past 5 years, HEN shows a small growth in Earnings Per Share. The EPS has been growing by 4.39% on average per year.
  • The Revenue has been growing slightly by 1.08% in the past year.
  • 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%-6.28%

3.2 Future

  • Based on estimates for the next years, HEN will show a small growth in Earnings Per Share. The EPS will grow by 0.10% on average per year.
  • HEN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.45% yearly.
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

  • 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.
HEN.DE Yearly Revenue VS EstimatesHEN.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 5B 10B 15B 20B 25B
HEN.DE Yearly EPS VS EstimatesHEN.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2 4 6

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Find the best growth stocksShow best growing peers

6

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 13.65, which indicates a correct valuation of HEN.
  • Based on the Price/Earnings ratio, HEN is valued cheaper than 100.00% of the companies in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 27.93, HEN is valued rather cheaply.
  • A Price/Forward Earnings ratio of 15.96 indicates a correct valuation of HEN.
  • Based on the Price/Forward Earnings ratio, HEN is valued cheaply inside the industry as 90.00% of the companies are valued more expensively.
  • HEN is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 27.77, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 13.65
Fwd PE 15.96
HEN.DE Price Earnings VS Forward Price EarningsHEN.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of HEN indicates a rather cheap valuation: HEN is cheaper than 100.00% of the companies listed in the same industry.
  • Based on the Price/Free Cash Flow ratio, HEN is valued cheaper than 100.00% of the companies in the same industry.
Industry RankSector Rank
P/FCF 15.66
EV/EBITDA 8.51
HEN.DE Per share dataHEN.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30 40

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)3.11
EPS Next 2Y-7.54%
EPS Next 3Y-9.55%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

4

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 2.58%, HEN has a reasonable but not impressive dividend return.
  • Compared to an average industry Dividend Yield of 3.03, HEN is paying slightly less dividend.
  • Compared to an average S&P500 Dividend Yield of 1.81, HEN pays a bit more dividend than the S&P500 average.
Industry RankSector Rank
Dividend Yield 2.58%

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
HEN.DE Yearly Dividends per shareHEN.DE Yearly Dividends per shareYearly Dividends per share 2019 2020 2021 2022 2023 2024 2025 1 2 3

5.3 Sustainability

  • 40.71% of the earnings are spent on dividend by HEN. This is a bit on the high side, but may be sustainable.
  • HEN's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP40.71%
EPS Next 2Y-7.54%
EPS Next 3Y-9.55%
HEN.DE Yearly Income VS Free CF VS DividendHEN.DE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B 2.5B
HEN.DE Dividend Payout.HEN.DE Dividend Payout, showing the Payout Ratio.HEN.DE Dividend Payout.PayoutRetained Earnings

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HENKEL AG & CO KGAA

FRA:HEN (2/6/2026, 7:00:00 PM)

74.1

+0.35 (+0.47%)

Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupHousehold & Personal Products
GICS IndustryHousehold Products
Earnings (Last)11-06
Earnings (Next)03-11
Inst Owners33.33%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap32.45B
Revenue(TTM)20.11B
Net Income(TTM)2.09B
Analysts70.71
Price Target75.43 (1.79%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 2.58%
Yearly Dividend1.84
Dividend Growth(5Y)0.01%
DP40.71%
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)-3.35%
Min Revenue beat(2)-4.11%
Max Revenue beat(2)-2.58%
Revenue beat(4)0
Avg Revenue beat(4)-3.21%
Min Revenue beat(4)-4.15%
Max Revenue beat(4)-1.99%
Revenue beat(8)0
Avg Revenue beat(8)-3.07%
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)-1.25%
PT rev (3m)-0.69%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)-0.31%
EPS NY rev (3m)-0.52%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.15%
Valuation
Industry RankSector Rank
PE 13.65
Fwd PE 15.96
P/S 1.53
P/FCF 15.66
P/OCF 11.83
P/B 1.62
P/tB 11.81
EV/EBITDA 8.51
EPS(TTM)5.43
EY7.33%
EPS(NY)4.64
Fwd EY6.26%
FCF(TTM)4.73
FCFY6.39%
OCF(TTM)6.26
OCFY8.45%
SpS48.35
BVpS45.75
TBVpS6.28
PEG (NY)N/A
PEG (5Y)3.11
Graham Number74.76
Profitability
Industry RankSector Rank
ROA 6.37%
ROE 10.42%
ROCE 12.54%
ROIC 9.12%
ROICexc 10.62%
ROICexgc 62.53%
OM 14.36%
PM (TTM) 9.86%
GM 50.91%
FCFM 9.79%
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-Score9
Asset Turnover0.65
Health
Industry RankSector Rank
Debt/Equity 0.1
Debt/FCF 1.79
Debt/EBITDA 0.53
Cap/Depr 90.54%
Cap/Sales 3.16%
Interest Coverage 25.33
Cash Conversion 72.57%
Profit Quality 99.28%
Current Ratio 1.21
Quick Ratio 0.91
Altman-Z 3.52
F-Score9
WACC6.92%
ROIC/WACC1.32
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%-6.28%
Revenue Next Year-4.4%
Revenue Next 2Y-0.2%
Revenue Next 3Y3.57%
Revenue Next 5Y1.45%
EBIT growth 1Y7.12%
EBIT growth 3Y8.09%
EBIT growth 5Y-0.92%
EBIT Next Year23.11%
EBIT Next 3Y9.21%
EBIT Next 5Y6.27%
FCF growth 1Y44.97%
FCF growth 3Y18.63%
FCF growth 5Y-0.55%
OCF growth 1Y34.86%
OCF growth 3Y13.37%
OCF growth 5Y-0.76%

HENKEL AG & CO KGAA / HEN.DE FAQ

Can you provide the ChartMill fundamental rating for HENKEL AG & CO KGAA?

ChartMill assigns a fundamental rating of 5 / 10 to HEN.DE.


What is the valuation status for HEN stock?

ChartMill assigns a valuation rating of 6 / 10 to HENKEL AG & CO KGAA (HEN.DE). This can be considered as Fairly Valued.


Can you provide the profitability details for HENKEL AG & CO KGAA?

HENKEL AG & CO KGAA (HEN.DE) has a profitability rating of 3 / 10.


What is the expected EPS growth for HENKEL AG & CO KGAA (HEN.DE) stock?

The Earnings per Share (EPS) of HENKEL AG & CO KGAA (HEN.DE) is expected to decline by -19.66% in the next year.


Can you provide the dividend sustainability for HEN stock?

The dividend rating of HENKEL AG & CO KGAA (HEN.DE) is 5 / 10 and the dividend payout ratio is 40.71%.