HOCHTIEF AG (HOT.DE) Stock Fundamental Analysis
FRA:HOT - Deutsche Boerse Ag - DE0006070006 - Common Stock - Currency: EUR
We assign a fundamental rating of 4 out of 10 to HOT. HOT was compared to 39 industry peers in the Construction & Engineering industry. HOT has an average financial health and profitability rating. HOT is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
HOT had positive earnings in the past year.
In the past year HOT had a positive cash flow from operations.
Each year in the past 5 years HOT has been profitable.
HOT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
HOT has a Return On Assets (3.55%) which is comparable to the rest of the industry.
With an excellent Return On Equity value of 118.44%, HOT belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
HOT has a Return On Invested Capital of 8.54%. This is comparable to the rest of the industry: HOT outperforms 50.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for HOT is significantly below the industry average of 11.05%.
The last Return On Invested Capital (8.54%) for HOT is above the 3 year average (4.87%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.55% | ||
| ROE | 118.44% | ||
| ROIC | 8.54% |
ROA(3y)2.23%
ROA(5y)1.83%
ROE(3y)37.11%
ROE(5y)34.47%
ROIC(3y)4.87%
ROIC(5y)N/A
1.3 Margins
HOT has a Profit Margin (2.26%) which is in line with its industry peers.
In the last couple of years the Profit Margin of HOT has declined.
HOT has a Operating Margin of 2.93%. This is in the lower half of the industry: HOT underperforms 68.42% of its industry peers.
HOT's Operating Margin has declined in the last couple of years.
HOT has a worse Gross Margin (25.52%) than 81.58% of its industry peers.
HOT's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.93% | ||
| PM (TTM) | 2.26% | ||
| GM | 25.52% |
OM growth 3YN/A
OM growth 5Y-7.88%
PM growth 3Y3.07%
PM growth 5Y-3.7%
GM growth 3Y0.68%
GM growth 5Y-1.97%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so HOT is still creating some value.
The number of shares outstanding for HOT remains at a similar level compared to 1 year ago.
Compared to 5 years ago, HOT has more shares outstanding
HOT has a better debt/assets ratio than last year.
2.2 Solvency
HOT has an Altman-Z score of 2.00. This is not the best score and indicates that HOT is in the grey zone with still only limited risk for bankruptcy at the moment.
The Altman-Z score of HOT (2.00) is better than 60.53% of its industry peers.
The Debt to FCF ratio of HOT is 5.86, which is a neutral value as it means it would take HOT, 5.86 years of fcf income to pay off all of its debts.
HOT's Debt to FCF ratio of 5.86 is in line compared to the rest of the industry. HOT outperforms 55.26% of its industry peers.
HOT has a Debt/Equity ratio of 10.57. This is a high value indicating a heavy dependency on external financing.
HOT has a worse Debt to Equity ratio (10.57) than 97.37% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 10.57 | ||
| Debt/FCF | 5.86 | ||
| Altman-Z | 2 |
ROIC/WACC1.54
WACC5.56%
2.3 Liquidity
A Current Ratio of 1.13 indicates that HOT should not have too much problems paying its short term obligations.
The Current ratio of HOT (1.13) is comparable to the rest of the industry.
A Quick Ratio of 1.09 indicates that HOT should not have too much problems paying its short term obligations.
The Quick ratio of HOT (1.09) is better than 65.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.13 | ||
| Quick Ratio | 1.09 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 68.25% over the past year.
HOT shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -3.47% yearly.
HOT shows a strong growth in Revenue. In the last year, the Revenue has grown by 37.40%.
HOT shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.05% yearly.
EPS 1Y (TTM)68.25%
EPS 3Y4%
EPS 5Y-3.47%
EPS Q2Q%20.25%
Revenue 1Y (TTM)37.4%
Revenue growth 3Y6.54%
Revenue growth 5Y3.05%
Sales Q2Q%21.49%
3.2 Future
HOT is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.88% yearly.
Based on estimates for the next years, HOT will show a quite strong growth in Revenue. The Revenue will grow by 8.95% on average per year.
EPS Next Y30.93%
EPS Next 2Y15.51%
EPS Next 3Y13.8%
EPS Next 5Y9.88%
Revenue Next Year15.89%
Revenue Next 2Y11.05%
Revenue Next 3Y8.34%
Revenue Next 5Y8.95%
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 20.00, which indicates a rather expensive current valuation of HOT.
Based on the Price/Earnings ratio, HOT is valued a bit more expensive than 68.42% of the companies in the same industry.
When comparing the Price/Earnings ratio of HOT to the average of the S&P500 Index (28.47), we can say HOT is valued slightly cheaper.
HOT is valuated correctly with a Price/Forward Earnings ratio of 14.99.
Based on the Price/Forward Earnings ratio, HOT is valued a bit more expensive than 65.79% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 92.74. HOT is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20 | ||
| Fwd PE | 14.99 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, HOT is valued a bit more expensive than the industry average as 60.53% of the companies are valued more cheaply.
Based on the Price/Free Cash Flow ratio, HOT is valued a bit cheaper than the industry average as 73.68% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.4 | ||
| EV/EBITDA | 8.07 |
4.3 Compensation for Growth
HOT's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as HOT's earnings are expected to grow with 13.80% in the coming years.
PEG (NY)0.65
PEG (5Y)N/A
EPS Next 2Y15.51%
EPS Next 3Y13.8%
5. Dividend
5.1 Amount
HOT has a Yearly Dividend Yield of 3.17%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.72, HOT pays a bit more dividend than its industry peers.
HOT's Dividend Yield is a higher than the S&P500 average which is at 2.28.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.17% |
5.2 History
The dividend of HOT decreases each year by -4.33%.
Dividend Growth(5Y)-4.33%
Div Incr Years1
Div Non Decr Years2
5.3 Sustainability
DP0%
EPS Next 2Y15.51%
EPS Next 3Y13.8%
HOCHTIEF AG
FRA:HOT (2/5/2025, 10:42:41 AM)
138.6
+0.2 (+0.14%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners5.94%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap10.77B
Analysts72
Price Target128.95 (-6.96%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.17% |
Yearly Dividend3.55
Dividend Growth(5Y)-4.33%
DP0%
Div Incr Years1
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)44.43%
Min EPS beat(2)7.5%
Max EPS beat(2)81.37%
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)2
Avg Revenue beat(2)5.68%
Min Revenue beat(2)1.24%
Max Revenue beat(2)10.12%
Revenue beat(4)4
Avg Revenue beat(4)3.61%
Min Revenue beat(4)0.65%
Max Revenue beat(4)10.12%
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)1.98%
PT rev (3m)9.04%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)6.47%
EPS NY rev (3m)15.79%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)1.46%
Revenue NY rev (3m)1.72%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20 | ||
| Fwd PE | 14.99 | ||
| P/S | 0.29 | ||
| P/FCF | 7.4 | ||
| P/OCF | 6.01 | ||
| P/B | 14.94 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.07 |
EPS(TTM)6.93
EY5%
EPS(NY)9.25
Fwd EY6.67%
FCF(TTM)18.72
FCFY13.51%
OCF(TTM)23.05
OCFY16.63%
SpS485.49
BVpS9.28
TBVpS-34.68
PEG (NY)0.65
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.55% | ||
| ROE | 118.44% | ||
| ROCE | 11.23% | ||
| ROIC | 8.54% | ||
| ROICexc | 19.44% | ||
| ROICexgc | 92.07% | ||
| OM | 2.93% | ||
| PM (TTM) | 2.26% | ||
| GM | 25.52% | ||
| FCFM | 3.86% |
ROA(3y)2.23%
ROA(5y)1.83%
ROE(3y)37.11%
ROE(5y)34.47%
ROIC(3y)4.87%
ROIC(5y)N/A
ROICexc(3y)18.5%
ROICexc(5y)N/A
ROICexgc(3y)50.36%
ROICexgc(5y)N/A
ROCE(3y)6.41%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y10.79%
ROICexc growth 3YN/A
ROICexc growth 5Y1.55%
OM growth 3YN/A
OM growth 5Y-7.88%
PM growth 3Y3.07%
PM growth 5Y-3.7%
GM growth 3Y0.68%
GM growth 5Y-1.97%
F-Score6
Asset Turnover1.57
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 10.57 | ||
| Debt/FCF | 5.86 | ||
| Debt/EBITDA | 4.73 | ||
| Cap/Depr | 66.74% | ||
| Cap/Sales | 0.89% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 111.2% | ||
| Profit Quality | 170.43% | ||
| Current Ratio | 1.13 | ||
| Quick Ratio | 1.09 | ||
| Altman-Z | 2 |
F-Score6
WACC5.56%
ROIC/WACC1.54
Cap/Depr(3y)50.82%
Cap/Depr(5y)49.44%
Cap/Sales(3y)0.62%
Cap/Sales(5y)1.14%
Profit Quality(3y)179.76%
Profit Quality(5y)557.95%
High Growth Momentum
Growth
EPS 1Y (TTM)68.25%
EPS 3Y4%
EPS 5Y-3.47%
EPS Q2Q%20.25%
EPS Next Y30.93%
EPS Next 2Y15.51%
EPS Next 3Y13.8%
EPS Next 5Y9.88%
Revenue 1Y (TTM)37.4%
Revenue growth 3Y6.54%
Revenue growth 5Y3.05%
Sales Q2Q%21.49%
Revenue Next Year15.89%
Revenue Next 2Y11.05%
Revenue Next 3Y8.34%
Revenue Next 5Y8.95%
EBIT growth 1Y90.32%
EBIT growth 3YN/A
EBIT growth 5Y-5.06%
EBIT Next Year87.64%
EBIT Next 3Y26.93%
EBIT Next 5Y28.47%
FCF growth 1Y282.26%
FCF growth 3Y53.64%
FCF growth 5Y3.14%
OCF growth 1Y244.61%
OCF growth 3Y23.59%
OCF growth 5Y-0.58%