HOCHTIEF AG (HOT.DE) Stock Fundamental Analysis
FRA:HOT - Deutsche Boerse Ag - DE0006070006 - Common Stock - Currency: EUR
Overall HOT gets a fundamental rating of 5 out of 10. We evaluated HOT against 39 industry peers in the Construction & Engineering industry. While HOT is still in line with the averages on profitability rating, there are concerns on its financial health. HOT is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year HOT was profitable.
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's Return On Assets of 3.68% is in line compared to the rest of the industry. HOT outperforms 53.85% of its industry peers.
HOT has a Return On Equity of 84.76%. This is amongst the best in the industry. HOT outperforms 97.44% of its industry peers.
HOT has a better Return On Invested Capital (10.85%) than 66.67% of its industry peers.
The Average Return On Invested Capital over the past 3 years for HOT is below the industry average of 11.04%.
The 3 year average ROIC (8.25%) for HOT is below the current ROIC(10.85%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.68% | ||
| ROE | 84.76% | ||
| ROIC | 10.85% |
ROA(3y)2.84%
ROA(5y)2.43%
ROE(3y)52.39%
ROE(5y)48.53%
ROIC(3y)8.25%
ROIC(5y)N/A
1.3 Margins
The Profit Margin of HOT (2.27%) is comparable to the rest of the industry.
HOT's Profit Margin has improved in the last couple of years.
With a Operating Margin value of 3.25%, HOT is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
In the last couple of years the Operating Margin of HOT has grown nicely.
With a Gross Margin value of 26.24%, HOT is not doing good in the industry: 71.79% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of HOT has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.25% | ||
| PM (TTM) | 2.27% | ||
| GM | 26.24% |
OM growth 3Y36.72%
OM growth 5Y8.8%
PM growth 3Y32.84%
PM growth 5Y86.94%
GM growth 3Y2.15%
GM growth 5Y-0.15%
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.
Compared to 1 year ago, HOT has about the same amount of shares outstanding.
The number of shares outstanding for HOT has been increased compared to 5 years ago.
The debt/assets ratio for HOT is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.14 indicates that HOT is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.14, HOT is in the better half of the industry, outperforming 61.54% of the companies in the same industry.
HOT has a debt to FCF ratio of 4.97. This is a neutral value as HOT would need 4.97 years to pay back of all of its debts.
With a Debt to FCF ratio value of 4.97, HOT perfoms like the industry average, outperforming 43.59% of the companies in the same industry.
HOT has a Debt/Equity ratio of 6.67. This is a high value indicating a heavy dependency on external financing.
HOT has a worse Debt to Equity ratio (6.67) than 92.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 6.67 | ||
| Debt/FCF | 4.97 | ||
| Altman-Z | 2.14 |
ROIC/WACC1.61
WACC6.73%
2.3 Liquidity
HOT has a Current Ratio of 1.12. This is a normal value and indicates that HOT is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.12, HOT is in line with its industry, outperforming 53.85% of the companies in the same industry.
A Quick Ratio of 1.08 indicates that HOT should not have too much problems paying its short term obligations.
HOT has a Quick ratio of 1.08. This is comparable to the rest of the industry: HOT outperforms 58.97% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.12 | ||
| Quick Ratio | 1.08 |
3. Growth
3.1 Past
HOT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 73.74%, which is quite impressive.
HOT shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 94.54% yearly.
HOT shows a strong growth in Revenue. In the last year, the Revenue has grown by 44.32%.
HOT shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.19% yearly.
EPS 1Y (TTM)73.74%
EPS 3Y49.11%
EPS 5Y94.54%
EPS Q2Q%38.59%
Revenue 1Y (TTM)44.32%
Revenue growth 3Y15.92%
Revenue growth 5Y5.19%
Sales Q2Q%32.32%
3.2 Future
Based on estimates for the next years, HOT will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.85% on average per year.
The Revenue is expected to grow by 6.07% on average over the next years.
EPS Next Y6.63%
EPS Next 2Y8.68%
EPS Next 3Y10.19%
EPS Next 5Y10.85%
Revenue Next Year8.96%
Revenue Next 2Y6.65%
Revenue Next 3Y4.73%
Revenue Next 5Y6.07%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 13.90, which indicates a correct valuation of HOT.
The rest of the industry has a similar Price/Earnings ratio as HOT.
HOT is valuated cheaply when we compare the Price/Earnings ratio to 28.79, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 17.50 indicates a rather expensive valuation of HOT.
Compared to the rest of the industry, the Price/Forward Earnings ratio of HOT indicates a slightly more expensive valuation: HOT is more expensive than 66.67% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of HOT to the average of the S&P500 Index (21.38), we can say HOT is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.9 | ||
| Fwd PE | 17.5 |
4.2 Price Multiples
HOT's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. HOT is more expensive than 64.10% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of HOT indicates a somewhat cheap valuation: HOT is cheaper than 69.23% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.88 | ||
| EV/EBITDA | 7.2 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of HOT may justify a higher PE ratio.
PEG (NY)2.1
PEG (5Y)0.15
EPS Next 2Y8.68%
EPS Next 3Y10.19%
5. Dividend
5.1 Amount
HOT has a Yearly Dividend Yield of 3.27%.
HOT's Dividend Yield is comparable with the industry average which is at 3.69.
HOT's Dividend Yield is a higher than the S&P500 average which is at 2.51.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.27% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years2
5.3 Sustainability
DP0%
EPS Next 2Y8.68%
EPS Next 3Y10.19%
FRA:HOT (4/25/2025, 7:00:00 PM)
167.9
+3.5 (+2.13%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners5.66%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap13.05B
Analysts54.12
Price Target155.43 (-7.43%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.27% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years1
Div Non Decr Years2
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)2
Avg Revenue beat(2)12.67%
Min Revenue beat(2)1.24%
Max Revenue beat(2)24.1%
Revenue beat(4)4
Avg Revenue beat(4)9.47%
Min Revenue beat(4)1.24%
Max Revenue beat(4)24.1%
Revenue beat(8)7
Avg Revenue beat(8)12.49%
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)12.54%
PT rev (3m)22.92%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)2.17%
EPS NY rev (3m)4.24%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.88%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.9 | ||
| Fwd PE | 17.5 | ||
| P/S | 0.33 | ||
| P/FCF | 7.88 | ||
| P/OCF | 6.13 | ||
| P/B | 12.17 | ||
| P/tB | N/A | ||
| EV/EBITDA | 7.2 |
EPS(TTM)12.08
EY7.19%
EPS(NY)9.6
Fwd EY5.71%
FCF(TTM)21.31
FCFY12.69%
OCF(TTM)27.4
OCFY16.32%
SpS515.48
BVpS13.79
TBVpS-28.95
PEG (NY)2.1
PEG (5Y)0.15
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.68% | ||
| ROE | 84.76% | ||
| ROCE | 13.35% | ||
| ROIC | 10.85% | ||
| ROICexc | 32.8% | ||
| ROICexgc | N/A | ||
| OM | 3.25% | ||
| PM (TTM) | 2.27% | ||
| GM | 26.24% | ||
| FCFM | 4.13% |
ROA(3y)2.84%
ROA(5y)2.43%
ROE(3y)52.39%
ROE(5y)48.53%
ROIC(3y)8.25%
ROIC(5y)N/A
ROICexc(3y)27.14%
ROICexc(5y)N/A
ROICexgc(3y)298.89%
ROICexgc(5y)N/A
ROCE(3y)10.16%
ROCE(5y)N/A
ROICexcg growth 3Y162.2%
ROICexcg growth 5Y28.11%
ROICexc growth 3Y29.75%
ROICexc growth 5Y-1.85%
OM growth 3Y36.72%
OM growth 5Y8.8%
PM growth 3Y32.84%
PM growth 5Y86.94%
GM growth 3Y2.15%
GM growth 5Y-0.15%
F-Score7
Asset Turnover1.62
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 6.67 | ||
| Debt/FCF | 4.97 | ||
| Debt/EBITDA | 3.77 | ||
| Cap/Depr | 79.69% | ||
| Cap/Sales | 1.18% | ||
| Interest Coverage | 2.92 | ||
| Cash Conversion | 112.23% | ||
| Profit Quality | 182.25% | ||
| Current Ratio | 1.12 | ||
| Quick Ratio | 1.08 | ||
| Altman-Z | 2.14 |
F-Score7
WACC6.73%
ROIC/WACC1.61
Cap/Depr(3y)68.98%
Cap/Depr(5y)57.95%
Cap/Sales(3y)0.97%
Cap/Sales(5y)1%
Profit Quality(3y)202.59%
Profit Quality(5y)166.26%
High Growth Momentum
Growth
EPS 1Y (TTM)73.74%
EPS 3Y49.11%
EPS 5Y94.54%
EPS Q2Q%38.59%
EPS Next Y6.63%
EPS Next 2Y8.68%
EPS Next 3Y10.19%
EPS Next 5Y10.85%
Revenue 1Y (TTM)44.32%
Revenue growth 3Y15.92%
Revenue growth 5Y5.19%
Sales Q2Q%32.32%
Revenue Next Year8.96%
Revenue Next 2Y6.65%
Revenue Next 3Y4.73%
Revenue Next 5Y6.07%
EBIT growth 1Y135.31%
EBIT growth 3Y58.49%
EBIT growth 5Y14.45%
EBIT Next Year82.4%
EBIT Next 3Y26.36%
EBIT Next 5Y17.7%
FCF growth 1Y47.24%
FCF growth 3Y75.18%
FCF growth 5Y23.65%
OCF growth 1Y59.47%
OCF growth 3Y76.51%
OCF growth 5Y13.77%