DEUTSCHE LUFTHANSA-REG (LHA.DE) Stock Fundamental Analysis

FRA:LHA • DE0008232125

9.088 EUR
-0.34 (-3.59%)
Last: Feb 27, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

4

LHA gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 14 industry peers in the Passenger Airlines industry. LHA may be in some trouble as it scores bad on both profitability and health. LHA is not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

2

1. Profitability

1.1 Basic Checks

  • LHA had positive earnings in the past year.
  • In the past year LHA had a positive cash flow from operations.
  • In multiple years LHA reported negative net income over the last 5 years.
  • LHA had a positive operating cash flow in 4 of the past 5 years.
LHA.DE Yearly Net Income VS EBIT VS OCF VS FCFLHA.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 0 2B -2B 4B -4B -6B

1.2 Ratios

  • With a Return On Assets value of 3.36%, LHA perfoms like the industry average, outperforming 42.86% of the companies in the same industry.
  • With a Return On Equity value of 14.46%, LHA is not doing good in the industry: 64.29% of the companies in the same industry are doing better.
  • LHA has a worse Return On Invested Capital (4.55%) than 71.43% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for LHA is below the industry average of 9.75%.
Industry RankSector Rank
ROA 3.36%
ROE 14.46%
ROIC 4.55%
ROA(3y)2.82%
ROA(5y)-2.75%
ROE(3y)12.9%
ROE(5y)-101.96%
ROIC(3y)5.56%
ROIC(5y)N/A
LHA.DE Yearly ROA, ROE, ROICLHA.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -100 -200 -300 -400

1.3 Margins

  • LHA has a Profit Margin (4.20%) which is in line with its industry peers.
  • In the last couple of years the Profit Margin of LHA has grown nicely.
  • Looking at the Operating Margin, with a value of 3.83%, LHA is doing worse than 78.57% of the companies in the same industry.
  • LHA's Operating Margin has declined in the last couple of years.
  • LHA's Gross Margin of 42.78% is on the low side compared to the rest of the industry. LHA is outperformed by 64.29% of its industry peers.
  • In the last couple of years the Gross Margin of LHA has declined.
Industry RankSector Rank
OM 3.83%
PM (TTM) 4.2%
GM 42.78%
OM growth 3YN/A
OM growth 5Y-2.51%
PM growth 3YN/A
PM growth 5Y1.97%
GM growth 3Y-3.25%
GM growth 5Y-1.97%
LHA.DE Yearly Profit, Operating, Gross MarginsLHA.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40 -40

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. Health

2.1 Basic Checks

  • LHA has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • LHA has about the same amout of shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, LHA has more shares outstanding
  • The debt/assets ratio for LHA has been reduced compared to a year ago.
LHA.DE Yearly Shares OutstandingLHA.DE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B
LHA.DE Yearly Total Debt VS Total AssetsLHA.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 10B 20B 30B 40B

2.2 Solvency

  • LHA has an Altman-Z score of 1.20. This is a bad value and indicates that LHA is not financially healthy and even has some risk of bankruptcy.
  • Looking at the Altman-Z score, with a value of 1.20, LHA is in the better half of the industry, outperforming 64.29% of the companies in the same industry.
  • LHA has a debt to FCF ratio of 16.07. This is a negative value and a sign of low solvency as LHA would need 16.07 years to pay back of all of its debts.
  • LHA has a Debt to FCF ratio of 16.07. This is comparable to the rest of the industry: LHA outperforms 42.86% of its industry peers.
  • A Debt/Equity ratio of 1.06 is on the high side and indicates that LHA has dependencies on debt financing.
  • Looking at the Debt to Equity ratio, with a value of 1.06, LHA is in the better half of the industry, outperforming 64.29% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 1.06
Debt/FCF 16.07
Altman-Z 1.2
ROIC/WACC0.58
WACC7.89%
LHA.DE Yearly LT Debt VS Equity VS FCFLHA.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5B 10B 15B

2.3 Liquidity

  • LHA has a Current Ratio of 0.85. This is a bad value and indicates that LHA is not financially healthy enough and could expect problems in meeting its short term obligations.
  • LHA has a better Current ratio (0.85) than 85.71% of its industry peers.
  • A Quick Ratio of 0.77 indicates that LHA may have some problems paying its short term obligations.
  • The Quick ratio of LHA (0.77) is better than 85.71% of its industry peers.
Industry RankSector Rank
Current Ratio 0.85
Quick Ratio 0.77
LHA.DE Yearly Current Assets VS Current LiabilitesLHA.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B

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

5

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 80.26% over the past year.
  • LHA shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -8.68% yearly.
  • LHA shows a small growth in Revenue. In the last year, the Revenue has grown by 5.95%.
  • The Revenue has been growing slightly by 0.63% on average over the past years.
EPS 1Y (TTM)80.26%
EPS 3YN/A
EPS 5Y-8.68%
EPS Q2Q%-11.96%
Revenue 1Y (TTM)5.95%
Revenue growth 3Y30.76%
Revenue growth 5Y0.63%
Sales Q2Q%4.29%

3.2 Future

  • LHA is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 10.02% yearly.
  • The Revenue is expected to grow by 3.73% on average over the next years.
EPS Next Y-2.33%
EPS Next 2Y4.75%
EPS Next 3Y7.82%
EPS Next 5Y10.02%
Revenue Next Year6.19%
Revenue Next 2Y5.27%
Revenue Next 3Y4.97%
Revenue Next 5Y3.73%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last 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 accelerating.
LHA.DE Yearly Revenue VS EstimatesLHA.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 10B 20B 30B 40B
LHA.DE Yearly EPS VS EstimatesLHA.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 0 2 -2 -4 -6 -8

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Find the best growth stocksShow best growing peers

5

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 6.63 indicates a rather cheap valuation of LHA.
  • Based on the Price/Earnings ratio, LHA is valued cheaply inside the industry as 85.71% of the companies are valued more expensively.
  • LHA is valuated cheaply when we compare the Price/Earnings ratio to 27.10, which is the current average of the S&P500 Index.
  • The Price/Forward Earnings ratio is 7.14, which indicates a rather cheap valuation of LHA.
  • LHA's Price/Forward Earnings is on the same level as the industry average.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 28.06, LHA is valued rather cheaply.
Industry RankSector Rank
PE 6.63
Fwd PE 7.14
LHA.DE Price Earnings VS Forward Price EarningsLHA.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 LHA indicates a rather cheap valuation: LHA is cheaper than 85.71% of the companies listed in the same industry.
  • Based on the Price/Free Cash Flow ratio, LHA is valued a bit more expensive than the industry average as 71.43% of the companies are valued more cheaply.
Industry RankSector Rank
P/FCF 12.11
EV/EBITDA 2.14
LHA.DE Per share dataLHA.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y4.75%
EPS Next 3Y7.82%

More info and screens

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

6

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 3.18%, LHA has a reasonable but not impressive dividend return.
  • LHA's Dividend Yield is rather good when compared to the industry average which is at 1.42. LHA pays more dividend than 92.86% of the companies in the same industry.
  • LHA's Dividend Yield is rather good when compared to the S&P500 average which is at 1.80.
Industry RankSector Rank
Dividend Yield 3.18%

5.2 History

  • The dividend of LHA decreases each year by -12.90%.
Dividend Growth(5Y)-12.9%
Div Incr Years0
Div Non Decr Years1
LHA.DE Yearly Dividends per shareLHA.DE Yearly Dividends per shareYearly Dividends per share 2019 2024 2025 0.2 0.4 0.6

5.3 Sustainability

  • 22.15% of the earnings are spent on dividend by LHA. This is a low number and sustainable payout ratio.
DP22.15%
EPS Next 2Y4.75%
EPS Next 3Y7.82%
LHA.DE Yearly Income VS Free CF VS DividendLHA.DE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B -2B -4B -6B
LHA.DE Dividend Payout.LHA.DE Dividend Payout, showing the Payout Ratio.LHA.DE Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

DEUTSCHE LUFTHANSA-REG

FRA:LHA (2/27/2026, 7:00:00 PM)

9.088

-0.34 (-3.59%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)10-30
Earnings (Next)03-06
Inst Owners23.69%
Inst Owner ChangeN/A
Ins Owners15.03%
Ins Owner ChangeN/A
Market Cap10.90B
Revenue(TTM)39.09B
Net Income(TTM)1.64B
Analysts66.92
Price Target8.86 (-2.51%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 3.18%
Yearly Dividend0.31
Dividend Growth(5Y)-12.9%
DP22.15%
Div Incr Years0
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)45.12%
Min EPS beat(2)14.69%
Max EPS beat(2)75.55%
EPS beat(4)3
Avg EPS beat(4)41.74%
Min EPS beat(4)-48.52%
Max EPS beat(4)125.25%
EPS beat(8)4
Avg EPS beat(8)9.8%
EPS beat(12)7
Avg EPS beat(12)6.15%
EPS beat(16)9
Avg EPS beat(16)-10.06%
Revenue beat(2)0
Avg Revenue beat(2)-2.62%
Min Revenue beat(2)-3.6%
Max Revenue beat(2)-1.64%
Revenue beat(4)2
Avg Revenue beat(4)-1.06%
Min Revenue beat(4)-3.6%
Max Revenue beat(4)0.58%
Revenue beat(8)3
Avg Revenue beat(8)-1.26%
Revenue beat(12)3
Avg Revenue beat(12)-2.49%
Revenue beat(16)6
Avg Revenue beat(16)-1.49%
PT rev (1m)3.3%
PT rev (3m)12.92%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-6.33%
EPS NY rev (1m)0%
EPS NY rev (3m)0.53%
Revenue NQ rev (1m)0.1%
Revenue NQ rev (3m)-0.11%
Revenue NY rev (1m)0.05%
Revenue NY rev (3m)0.22%
Valuation
Industry RankSector Rank
PE 6.63
Fwd PE 7.14
P/S 0.28
P/FCF 12.11
P/OCF 2.45
P/B 0.96
P/tB 1.09
EV/EBITDA 2.14
EPS(TTM)1.37
EY15.07%
EPS(NY)1.27
Fwd EY14.01%
FCF(TTM)0.75
FCFY8.26%
OCF(TTM)3.72
OCFY40.88%
SpS32.6
BVpS9.47
TBVpS8.37
PEG (NY)N/A
PEG (5Y)N/A
Graham Number17.09
Profitability
Industry RankSector Rank
ROA 3.36%
ROE 14.46%
ROCE 5.28%
ROIC 4.55%
ROICexc 6.8%
ROICexgc 7.31%
OM 3.83%
PM (TTM) 4.2%
GM 42.78%
FCFM 2.3%
ROA(3y)2.82%
ROA(5y)-2.75%
ROE(3y)12.9%
ROE(5y)-101.96%
ROIC(3y)5.56%
ROIC(5y)N/A
ROICexc(3y)8.18%
ROICexc(5y)N/A
ROICexgc(3y)8.86%
ROICexgc(5y)N/A
ROCE(3y)6.45%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y1.91%
ROICexc growth 3YN/A
ROICexc growth 5Y2.19%
OM growth 3YN/A
OM growth 5Y-2.51%
PM growth 3YN/A
PM growth 5Y1.97%
GM growth 3Y-3.25%
GM growth 5Y-1.97%
F-Score8
Asset Turnover0.8
Health
Industry RankSector Rank
Debt/Equity 1.06
Debt/FCF 16.07
Debt/EBITDA 3.07
Cap/Depr 146.7%
Cap/Sales 9.1%
Interest Coverage 1.76
Cash Conversion 113.59%
Profit Quality 54.78%
Current Ratio 0.85
Quick Ratio 0.77
Altman-Z 1.2
F-Score8
WACC7.89%
ROIC/WACC0.58
Cap/Depr(3y)134.14%
Cap/Depr(5y)97.69%
Cap/Sales(3y)9.13%
Cap/Sales(5y)8.88%
Profit Quality(3y)150.91%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)80.26%
EPS 3YN/A
EPS 5Y-8.68%
EPS Q2Q%-11.96%
EPS Next Y-2.33%
EPS Next 2Y4.75%
EPS Next 3Y7.82%
EPS Next 5Y10.02%
Revenue 1Y (TTM)5.95%
Revenue growth 3Y30.76%
Revenue growth 5Y0.63%
Sales Q2Q%4.29%
Revenue Next Year6.19%
Revenue Next 2Y5.27%
Revenue Next 3Y4.97%
Revenue Next 5Y3.73%
EBIT growth 1Y12.2%
EBIT growth 3YN/A
EBIT growth 5Y-1.9%
EBIT Next Year170.56%
EBIT Next 3Y47.24%
EBIT Next 5Y28.89%
FCF growth 1Y-26.35%
FCF growth 3YN/A
FCF growth 5Y-14.95%
OCF growth 1Y7.12%
OCF growth 3Y113.67%
OCF growth 5Y-0.62%

DEUTSCHE LUFTHANSA-REG / LHA.DE FAQ

What is the fundamental rating for LHA stock?

ChartMill assigns a fundamental rating of 4 / 10 to LHA.DE.


What is the valuation status of DEUTSCHE LUFTHANSA-REG (LHA.DE) stock?

ChartMill assigns a valuation rating of 5 / 10 to DEUTSCHE LUFTHANSA-REG (LHA.DE). This can be considered as Fairly Valued.


Can you provide the profitability details for DEUTSCHE LUFTHANSA-REG?

DEUTSCHE LUFTHANSA-REG (LHA.DE) has a profitability rating of 2 / 10.


How financially healthy is DEUTSCHE LUFTHANSA-REG?

The financial health rating of DEUTSCHE LUFTHANSA-REG (LHA.DE) is 3 / 10.


Can you provide the expected EPS growth for LHA stock?

The Earnings per Share (EPS) of DEUTSCHE LUFTHANSA-REG (LHA.DE) is expected to decline by -2.33% in the next year.