DEUTSCHE LUFTHANSA-REG (LHA.DE) Stock Fundamental Analysis
FRA:LHA - Deutsche Boerse Ag - DE0008232125 - Common Stock - Currency: EUR
Overall LHA gets a fundamental rating of 3 out of 10. We evaluated LHA against 12 industry peers in the Passenger Airlines industry. LHA has a bad profitability rating. Also its financial health evaluation is rather negative. LHA has a correct valuation and a medium growth rate. Finally LHA also has an excellent dividend rating.
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.
1.2 Ratios
LHA has a worse Return On Assets (2.93%) than 66.67% of its industry peers.
LHA's Return On Equity of 11.96% is on the low side compared to the rest of the industry. LHA is outperformed by 66.67% of its industry peers.
Looking at the Return On Invested Capital, with a value of 4.07%, LHA is doing worse than 91.67% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for LHA is below the industry average of 8.02%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.93% | ||
| ROE | 11.96% | ||
| ROIC | 4.07% |
ROA(3y)2.82%
ROA(5y)-2.75%
ROE(3y)12.9%
ROE(5y)-101.96%
ROIC(3y)5.36%
ROIC(5y)N/A
1.3 Margins
The Profit Margin of LHA (3.67%) is worse than 66.67% of its industry peers.
LHA's Profit Margin has improved in the last couple of years.
The Operating Margin of LHA (3.45%) is worse than 91.67% of its industry peers.
In the last couple of years the Operating Margin of LHA has declined.
With a Gross Margin value of 42.95%, LHA is not doing good in the industry: 66.67% 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 | 3.45% | ||
| PM (TTM) | 3.67% | ||
| GM | 42.95% |
OM growth 3YN/A
OM growth 5Y-5.09%
PM growth 3YN/A
PM growth 5Y1.97%
GM growth 3Y-3.25%
GM growth 5Y-1.97%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so LHA 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
Based on the Altman-Z score of 1.11, we must say that LHA is in the distress zone and has some risk of bankruptcy.
LHA has a better Altman-Z score (1.11) than 66.67% of its industry peers.
The Debt to FCF ratio of LHA is 60.52, which is on the high side as it means it would take LHA, 60.52 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of LHA (60.52) is worse than 66.67% of its industry peers.
A Debt/Equity ratio of 0.99 indicates that LHA is somewhat dependend on debt financing.
With a decent Debt to Equity ratio value of 0.99, LHA is doing good in the industry, outperforming 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.99 | ||
| Debt/FCF | 60.52 | ||
| Altman-Z | 1.11 |
ROIC/WACC0.64
WACC6.4%
2.3 Liquidity
LHA has a Current Ratio of 0.83. 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 Current ratio (0.83) which is in line with its industry peers.
LHA has a Quick Ratio of 0.83. This is a bad value and indicates that LHA is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.75, LHA perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.83 | ||
| Quick Ratio | 0.75 |
3. Growth
3.1 Past
LHA shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -12.78%.
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 6.04% 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)-12.78%
EPS 3YN/A
EPS 5Y-8.68%
EPS Q2Q%666.67%
Revenue 1Y (TTM)6.04%
Revenue growth 3Y30.76%
Revenue growth 5Y0.63%
Sales Q2Q%7.8%
3.2 Future
LHA is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.59% yearly.
Based on estimates for the next years, LHA will show a small growth in Revenue. The Revenue will grow by 2.63% on average per year.
EPS Next Y-5.59%
EPS Next 2Y8.19%
EPS Next 3Y10.32%
EPS Next 5Y4.59%
Revenue Next Year5.04%
Revenue Next 2Y4.72%
Revenue Next 3Y4.47%
Revenue Next 5Y2.63%
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 5.53.
75.00% of the companies in the same industry are more expensive than LHA, based on the Price/Earnings ratio.
LHA is valuated cheaply when we compare the Price/Earnings ratio to 28.92, which is the current average of the S&P500 Index.
LHA is valuated cheaply with a Price/Forward Earnings ratio of 5.85.
LHA's Price/Forward Earnings ratio is in line with the industry average.
When comparing the Price/Forward Earnings ratio of LHA to the average of the S&P500 Index (21.65), we can say LHA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.53 | ||
| Fwd PE | 5.85 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, LHA is valued cheaply inside the industry as 83.33% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of LHA indicates a slightly more expensive valuation: LHA is more expensive than 66.67% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 32.69 | ||
| EV/EBITDA | 1.81 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y8.19%
EPS Next 3Y10.32%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.88%, LHA is a good candidate for dividend investing.
LHA's Dividend Yield is rather good when compared to the industry average which is at 3.86. LHA pays more dividend than 100.00% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.51, LHA pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.88% |
5.2 History
The dividend of LHA decreases each year by -12.90%.
Dividend Growth(5Y)-12.9%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
LHA pays out 26.96% of its income as dividend. This is a sustainable payout ratio.
DP26.96%
EPS Next 2Y8.19%
EPS Next 3Y10.32%
FRA:LHA (4/25/2025, 1:54:39 PM)
6.41
+0.05 (+0.85%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)
Earnings (Next)
Inst Owners16.58%
Inst Owner ChangeN/A
Ins Owners15.08%
Ins Owner ChangeN/A
Market Cap7.68B
Analysts65.38
Price Target7.59 (18.41%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.88% |
Yearly Dividend0.31
Dividend Growth(5Y)-12.9%
DP26.96%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)74.12%
Min EPS beat(2)22.99%
Max EPS beat(2)125.25%
EPS beat(4)2
Avg EPS beat(4)27.79%
Min EPS beat(4)-22.86%
Max EPS beat(4)125.25%
EPS beat(8)5
Avg EPS beat(8)6.26%
EPS beat(12)7
Avg EPS beat(12)4.89%
EPS beat(16)9
Avg EPS beat(16)-10.26%
Revenue beat(2)1
Avg Revenue beat(2)-0.23%
Min Revenue beat(2)-1.04%
Max Revenue beat(2)0.58%
Revenue beat(4)2
Avg Revenue beat(4)0.21%
Min Revenue beat(4)-1.04%
Max Revenue beat(4)1.59%
Revenue beat(8)2
Avg Revenue beat(8)-3.02%
Revenue beat(12)4
Avg Revenue beat(12)-1.76%
Revenue beat(16)6
Avg Revenue beat(16)-1.81%
PT rev (1m)3.93%
PT rev (3m)2.88%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-72.84%
EPS NY rev (1m)-2.58%
EPS NY rev (3m)-15.76%
Revenue NQ rev (1m)-0.09%
Revenue NQ rev (3m)-5.64%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.24%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.53 | ||
| Fwd PE | 5.85 | ||
| P/S | 0.2 | ||
| P/FCF | 32.69 | ||
| P/OCF | 1.97 | ||
| P/B | 0.67 | ||
| P/tB | 0.75 | ||
| EV/EBITDA | 1.81 |
EPS(TTM)1.16
EY18.1%
EPS(NY)1.1
Fwd EY17.09%
FCF(TTM)0.2
FCFY3.06%
OCF(TTM)3.25
OCFY50.67%
SpS31.36
BVpS9.63
TBVpS8.52
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.93% | ||
| ROE | 11.96% | ||
| ROCE | 4.72% | ||
| ROIC | 4.07% | ||
| ROICexc | 5.89% | ||
| ROICexgc | 6.34% | ||
| OM | 3.45% | ||
| PM (TTM) | 3.67% | ||
| GM | 42.95% | ||
| FCFM | 0.63% |
ROA(3y)2.82%
ROA(5y)-2.75%
ROE(3y)12.9%
ROE(5y)-101.96%
ROIC(3y)5.36%
ROIC(5y)N/A
ROICexc(3y)7.89%
ROICexc(5y)N/A
ROICexgc(3y)8.55%
ROICexgc(5y)N/A
ROCE(3y)6.22%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y-0.79%
ROICexc growth 3YN/A
ROICexc growth 5Y-0.51%
OM growth 3YN/A
OM growth 5Y-5.09%
PM growth 3YN/A
PM growth 5Y1.97%
GM growth 3Y-3.25%
GM growth 5Y-1.97%
F-Score6
Asset Turnover0.8
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.99 | ||
| Debt/FCF | 60.52 | ||
| Debt/EBITDA | 3.1 | ||
| Cap/Depr | 153.46% | ||
| Cap/Sales | 9.73% | ||
| Interest Coverage | 2.32 | ||
| Cash Conversion | 105.76% | ||
| Profit Quality | 17.03% | ||
| Current Ratio | 0.83 | ||
| Quick Ratio | 0.75 | ||
| Altman-Z | 1.11 |
F-Score6
WACC6.4%
ROIC/WACC0.64
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)-12.78%
EPS 3YN/A
EPS 5Y-8.68%
EPS Q2Q%666.67%
EPS Next Y-5.59%
EPS Next 2Y8.19%
EPS Next 3Y10.32%
EPS Next 5Y4.59%
Revenue 1Y (TTM)6.04%
Revenue growth 3Y30.76%
Revenue growth 5Y0.63%
Sales Q2Q%7.8%
Revenue Next Year5.04%
Revenue Next 2Y4.72%
Revenue Next 3Y4.47%
Revenue Next 5Y2.63%
EBIT growth 1Y-47.53%
EBIT growth 3YN/A
EBIT growth 5Y-4.5%
EBIT Next Year180.44%
EBIT Next 3Y50.25%
EBIT Next 5Y27.79%
FCF growth 1Y-82.73%
FCF growth 3YN/A
FCF growth 5Y-14.95%
OCF growth 1Y-20.65%
OCF growth 3Y113.67%
OCF growth 5Y-0.62%