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 41 industry peers in the Construction & Engineering industry. Both the profitability and the financial health of HOT get a neutral evaluation. Nothing too spectacular is happening here. HOT is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year HOT was profitable.
HOT had a positive operating cash flow in the past year.
HOT had positive earnings in each of the past 5 years.
In the past 5 years HOT always reported a positive cash flow from operatings.
1.2 Ratios
HOT's Return On Assets of 4.60% is in line compared to the rest of the industry. HOT outperforms 58.54% of its industry peers.
With an excellent Return On Equity value of 88.05%, HOT belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
HOT has a better Return On Invested Capital (12.91%) than 68.29% of its industry peers.
The Average Return On Invested Capital over the past 3 years for HOT is below the industry average of 10.70%.
The 3 year average ROIC (8.25%) for HOT is below the current ROIC(12.91%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.6% | ||
| ROE | 88.05% | ||
| ROIC | 12.91% |
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
Looking at the Profit Margin, with a value of 2.57%, HOT is in line with its industry, outperforming 41.46% of the companies in the same industry.
In the last couple of years the Profit Margin of HOT has grown nicely.
Looking at the Operating Margin, with a value of 3.81%, HOT is doing worse than 65.85% of the companies in the same industry.
HOT's Operating Margin has improved in the last couple of years.
The Gross Margin of HOT (26.43%) is worse than 78.05% of its industry peers.
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 | 3.81% | ||
| PM (TTM) | 2.57% | ||
| GM | 26.43% |
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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), HOT is creating value.
HOT has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for HOT has been increased compared to 5 years ago.
Compared to 1 year ago, HOT has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.37 indicates that HOT is not a great score, but indicates only limited risk for bankruptcy at the moment.
HOT's Altman-Z score of 2.37 is fine compared to the rest of the industry. HOT outperforms 65.85% of its industry peers.
HOT has a debt to FCF ratio of 5.85. This is a neutral value as HOT would need 5.85 years to pay back of all of its debts.
HOT has a Debt to FCF ratio of 5.85. This is comparable to the rest of the industry: HOT outperforms 46.34% of its industry peers.
A Debt/Equity ratio of 6.07 is on the high side and indicates that HOT has dependencies on debt financing.
HOT's Debt to Equity ratio of 6.07 is on the low side compared to the rest of the industry. HOT is outperformed by 92.68% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 6.07 | ||
| Debt/FCF | 5.85 | ||
| Altman-Z | 2.37 |
ROIC/WACC1.96
WACC6.6%
2.3 Liquidity
HOT has a Current Ratio of 1.11. This is a normal value and indicates that HOT is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.11, HOT perfoms like the industry average, outperforming 48.78% of the companies in the same industry.
HOT has a Quick Ratio of 1.06. This is a normal value and indicates that HOT is financially healthy and should not expect problems in meeting its short term obligations.
HOT has a Quick ratio (1.06) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.11 | ||
| Quick Ratio | 1.06 |
3. Growth
3.1 Past
HOT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 105.12%, 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.
The Revenue has grown by 49.06% in the past year. This is a very strong growth!
Measured over the past years, HOT shows a small growth in Revenue. The Revenue has been growing by 5.19% on average per year.
EPS 1Y (TTM)105.12%
EPS 3Y49.11%
EPS 5Y94.54%
EPS Q2Q%131.64%
Revenue 1Y (TTM)49.06%
Revenue growth 3Y15.92%
Revenue growth 5Y5.19%
Sales Q2Q%31.97%
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 10.05% on average per year.
HOT is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.30% yearly.
EPS Next Y6.63%
EPS Next 2Y8.68%
EPS Next 3Y10.19%
EPS Next 5Y10.05%
Revenue Next Year8.92%
Revenue Next 2Y6.9%
Revenue Next 3Y5.96%
Revenue Next 5Y5.3%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 11.34, the valuation of HOT can be described as very reasonable.
Based on the Price/Earnings ratio, HOT is valued a bit cheaper than the industry average as 73.17% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 27.45. HOT is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 15.37, HOT is valued correctly.
68.29% of the companies in the same industry are cheaper than HOT, based on the Price/Forward Earnings ratio.
HOT's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 21.90.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.34 | ||
| Fwd PE | 15.37 |
4.2 Price Multiples
70.73% of the companies in the same industry are more expensive than HOT, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, HOT is valued a bit cheaper than 70.73% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.45 | ||
| EV/EBITDA | 6.44 |
4.3 Compensation for Growth
HOT's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
HOT has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.71
PEG (5Y)0.12
EPS Next 2Y8.68%
EPS Next 3Y10.19%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.21%, HOT has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.70, HOT has a dividend in line with its industry peers.
HOT's Dividend Yield is a higher than the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.21% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years3
5.3 Sustainability
DP0%
EPS Next 2Y8.68%
EPS Next 3Y10.19%
FRA:HOT (7/4/2025, 7:00:00 PM)
163.3
+0.5 (+0.31%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners5.59%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap12.69B
Analysts55
Price Target165.72 (1.48%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.21% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years1
Div Non Decr Years3
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)16.82%
Min Revenue beat(2)9.53%
Max Revenue beat(2)24.1%
Revenue beat(4)4
Avg Revenue beat(4)11.25%
Min Revenue beat(4)1.24%
Max Revenue beat(4)24.1%
Revenue beat(8)7
Avg Revenue beat(8)6.36%
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)3.83%
PT rev (3m)19.99%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)2.17%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.34 | ||
| Fwd PE | 15.37 | ||
| P/S | 0.3 | ||
| P/FCF | 8.45 | ||
| P/OCF | 6.23 | ||
| P/B | 10.31 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.44 |
EPS(TTM)14.4
EY8.82%
EPS(NY)10.63
Fwd EY6.51%
FCF(TTM)19.33
FCFY11.83%
OCF(TTM)26.2
OCFY16.04%
SpS543.28
BVpS15.83
TBVpS-30.08
PEG (NY)1.71
PEG (5Y)0.12
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.6% | ||
| ROE | 88.05% | ||
| ROCE | 15.9% | ||
| ROIC | 12.91% | ||
| ROICexc | 30.97% | ||
| ROICexgc | 199.9% | ||
| OM | 3.81% | ||
| PM (TTM) | 2.57% | ||
| GM | 26.43% | ||
| FCFM | 3.56% |
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-Score6
Asset Turnover1.79
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 6.07 | ||
| Debt/FCF | 5.85 | ||
| Debt/EBITDA | 3.27 | ||
| Cap/Depr | 79.27% | ||
| Cap/Sales | 1.26% | ||
| Interest Coverage | 3.16 | ||
| Cash Conversion | 89.16% | ||
| Profit Quality | 138.62% | ||
| Current Ratio | 1.11 | ||
| Quick Ratio | 1.06 | ||
| Altman-Z | 2.37 |
F-Score6
WACC6.6%
ROIC/WACC1.96
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)105.12%
EPS 3Y49.11%
EPS 5Y94.54%
EPS Q2Q%131.64%
EPS Next Y6.63%
EPS Next 2Y8.68%
EPS Next 3Y10.19%
EPS Next 5Y10.05%
Revenue 1Y (TTM)49.06%
Revenue growth 3Y15.92%
Revenue growth 5Y5.19%
Sales Q2Q%31.97%
Revenue Next Year8.92%
Revenue Next 2Y6.9%
Revenue Next 3Y5.96%
Revenue Next 5Y5.3%
EBIT growth 1Y191.82%
EBIT growth 3Y58.49%
EBIT growth 5Y14.45%
EBIT Next Year79.5%
EBIT Next 3Y25.68%
EBIT Next 5Y16.85%
FCF growth 1Y238.81%
FCF growth 3Y75.18%
FCF growth 5Y23.65%
OCF growth 1Y207.15%
OCF growth 3Y76.51%
OCF growth 5Y13.77%