DEUTSCHE LUFTHANSA-REG (LHA.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:LHA - DE0008232125 - Common Stock
8.438 EUR
+0.22 (+2.63%)
We assign a fundamental rating of 4 out of 10 to LHA. LHA was compared to 18 industry peers in the Passenger Airlines industry. Both the profitability and financial health of LHA have multiple concerns. LHA has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
- LHA had positive earnings in the past year.
- LHA had a positive operating cash flow in the past year.
- In multiple years LHA reported negative net income over the last 5 years.
- Of the past 5 years LHA 4 years had a positive operating cash flow.
1.2 Ratios
- LHA has a Return On Assets of 3.36%. This is comparable to the rest of the industry: LHA outperforms 50.00% of its industry peers.
- With a Return On Equity value of 14.46%, LHA is not doing good in the industry: 61.11% of the companies in the same industry are doing better.
- LHA has a Return On Invested Capital of 4.55%. This is in the lower half of the industry: LHA underperforms 66.67% of its industry peers.
- LHA had an Average Return On Invested Capital over the past 3 years of 5.56%. This is below the industry average of 9.28%.
| Industry Rank | Sector 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
1.3 Margins
- The Profit Margin of LHA (4.20%) is comparable to the rest of the industry.
- LHA's Profit Margin has improved in the last couple of years.
- The Operating Margin of LHA (3.83%) is worse than 77.78% of its industry peers.
- In the last couple of years the Operating Margin of LHA has declined.
- With a Gross Margin value of 42.78%, LHA is not doing good in the industry: 72.22% of the companies in the same industry are doing better.
- LHA's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector 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%
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.
- Compared to 1 year ago, LHA has about the same amount of shares outstanding.
- LHA has more shares outstanding than it did 5 years ago.
- LHA has a better debt/assets ratio than last year.
2.2 Solvency
- LHA has an Altman-Z score of 1.17. This is a bad value and indicates that LHA is not financially healthy and even has some risk of bankruptcy.
- LHA has a Altman-Z score (1.17) which is comparable to the rest of the industry.
- The Debt to FCF ratio of LHA is 16.07, which is on the high side as it means it would take LHA, 16.07 years of fcf income to pay off 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 50.00% 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.
- LHA has a better Debt to Equity ratio (1.06) than 61.11% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.06 | ||
| Debt/FCF | 16.07 | ||
| Altman-Z | 1.17 |
ROIC/WACC0.58
WACC7.91%
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 83.33% of its industry peers.
- LHA has a Quick 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.
- Looking at the Quick ratio, with a value of 0.77, LHA belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.85 | ||
| Quick Ratio | 0.77 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 80.26% over the past year.
- Measured over the past years, LHA shows a decrease in Earnings Per Share. The EPS has been decreasing by -8.68% on average per year.
- The Revenue has been growing slightly by 5.95% in the past year.
- Measured over the past years, LHA shows a small growth in Revenue. The Revenue has been growing by 0.63% on average per year.
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 11.57% yearly.
- Based on estimates for the next years, LHA will show a small growth in Revenue. The Revenue will grow by 4.07% on average per year.
EPS Next Y-2.48%
EPS Next 2Y3.92%
EPS Next 3Y7.41%
EPS Next 5Y11.57%
Revenue Next Year6.14%
Revenue Next 2Y5.15%
Revenue Next 3Y4.88%
Revenue Next 5Y4.07%
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.
4. Valuation
4.1 Price/Earnings Ratio
- LHA is valuated cheaply with a Price/Earnings ratio of 6.16.
- LHA's Price/Earnings ratio is rather cheap when compared to the industry. LHA is cheaper than 83.33% of the companies in the same industry.
- When comparing the Price/Earnings ratio of LHA to the average of the S&P500 Index (27.33), we can say LHA is valued rather cheaply.
- LHA is valuated cheaply with a Price/Forward Earnings ratio of 6.74.
- Based on the Price/Forward Earnings ratio, LHA is valued a bit cheaper than 77.78% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.12, LHA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.16 | ||
| Fwd PE | 6.74 |
4.2 Price Multiples
- 94.44% of the companies in the same industry are more expensive than LHA, based on the Enterprise Value to EBITDA ratio.
- The rest of the industry has a similar Price/Free Cash Flow ratio as LHA.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.24 | ||
| EV/EBITDA | 1.77 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y3.92%
EPS Next 3Y7.41%
5. Dividend
5.1 Amount
- LHA has a Yearly Dividend Yield of 3.31%.
- LHA's Dividend Yield is rather good when compared to the industry average which is at 0.94. LHA pays more dividend than 94.44% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.91, LHA pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.31% |
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
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 2Y3.92%
EPS Next 3Y7.41%
FRA:LHA (1/15/2026, 5:29:58 PM)
8.438
+0.22 (+2.63%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)10-30 2025-10-30/dmh
Earnings (Next)03-06 2026-03-06/amc
Inst Owners23.69%
Inst Owner ChangeN/A
Ins Owners15.03%
Ins Owner ChangeN/A
Market Cap10.12B
Revenue(TTM)39.09B
Net Income(TTM)1.64B
Analysts65.6
Price Target8.25 (-2.23%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.31% |
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)4.77%
PT rev (3m)3.61%
EPS NQ rev (1m)-6.33%
EPS NQ rev (3m)19.15%
EPS NY rev (1m)0.32%
EPS NY rev (3m)1.44%
Revenue NQ rev (1m)-0.21%
Revenue NQ rev (3m)0.75%
Revenue NY rev (1m)0.01%
Revenue NY rev (3m)0.37%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.16 | ||
| Fwd PE | 6.74 | ||
| P/S | 0.26 | ||
| P/FCF | 11.24 | ||
| P/OCF | 2.27 | ||
| P/B | 0.89 | ||
| P/tB | 1.01 | ||
| EV/EBITDA | 1.77 |
EPS(TTM)1.37
EY16.24%
EPS(NY)1.25
Fwd EY14.85%
FCF(TTM)0.75
FCFY8.89%
OCF(TTM)3.72
OCFY44.03%
SpS32.6
BVpS9.47
TBVpS8.37
PEG (NY)N/A
PEG (5Y)N/A
Graham Number17.09
Profitability
| Industry Rank | Sector 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 Rank | Sector 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 | 1.17 |
F-Score8
WACC7.91%
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-2.48%
EPS Next 2Y3.92%
EPS Next 3Y7.41%
EPS Next 5Y11.57%
Revenue 1Y (TTM)5.95%
Revenue growth 3Y30.76%
Revenue growth 5Y0.63%
Sales Q2Q%4.29%
Revenue Next Year6.14%
Revenue Next 2Y5.15%
Revenue Next 3Y4.88%
Revenue Next 5Y4.07%
EBIT growth 1Y12.2%
EBIT growth 3YN/A
EBIT growth 5Y-1.9%
EBIT Next Year170.56%
EBIT Next 3Y47.24%
EBIT Next 5Y30.12%
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 6 / 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 -2.48% in the next year.