HORNBACH HOLDING AG & CO. KGAA Financials HORNBACH Holding AG & Co. KGaA
Equities
HBH
DE0006083405
Home Improvement Products & Services Retailers
|
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 74.1 EUR | +0.68% |
|
+1.37% | +12.27% |
| Mar. 28 | HORNBACH HOLDING : DZ Bank reiterates its Buy rating | ZD |
| Mar. 27 | HORNBACH HOLDING : Berenberg sticks Neutral | ZD |
Valuation
| Fiscal Period: February | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 737.6 | 814.4 | 1,251 | 1,882 | 1,254 | 1,184 | - | - |
| Enterprise Value (EV) 1 | 1,361 | 1,190 | 2,336 | 3,238 | 2,597 | 2,486 | 2,445 | 2,390 |
| P/E ratio | 11.3 x | 7.76 x | 7.57 x | 9.42 x | 8 x | 9.2 x | 7.89 x | 7.47 x |
| Yield | 3.25% | 2.95% | 2.56% | 2.04% | 3.05% | 3.2% | 3.27% | 3.32% |
| Capitalization / Revenue | 0.17 x | 0.17 x | 0.23 x | 0.32 x | 0.2 x | 0.19 x | 0.19 x | 0.18 x |
| EV / Revenue | 0.31 x | 0.25 x | 0.43 x | 0.55 x | 0.41 x | 0.4 x | 0.39 x | 0.37 x |
| EV / EBITDA | 5.77 x | 2.83 x | 4.53 x | 5.73 x | 5.14 x | 5.31 x | 5.01 x | 4.76 x |
| EV / FCF | -9.6 x | 6.15 x | 25.4 x | 19.5 x | 11.7 x | 13.3 x | 17.4 x | 13.2 x |
| FCF Yield | -10.4% | 16.2% | 3.94% | 5.14% | 8.55% | 7.53% | 5.74% | 7.59% |
| Price to Book | 0.59 x | 0.61 x | 0.85 x | 1.15 x | 0.71 x | 0.62 x | 0.59 x | 0.56 x |
| Nbr of stocks (in thousands) | 16,000 | 16,000 | 16,000 | 16,000 | 15,950 | 15,983 | - | - |
| Reference price 2 | 46.10 | 50.90 | 78.20 | 117.6 | 78.60 | 74.10 | 74.10 | 74.10 |
| Announcement Date | 5/27/19 | 5/27/20 | 5/27/21 | 5/17/22 | 5/16/23 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: February | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 4,362 | 4,729 | 5,456 | 5,875 | 6,263 | 6,181 | 6,296 | 6,484 |
| EBITDA 1 | 235.7 | 420 | 516 | 565 | 505 | 468 | 488.2 | 502.2 |
| EBIT 1 | 134.9 | 227 | 326 | 362.6 | 290 | 241.6 | 265 | 274.6 |
| Operating Margin | 3.09% | 4.8% | 5.97% | 6.17% | 4.63% | 3.91% | 4.21% | 4.23% |
| Earnings before Tax (EBT) 1 | 98.54 | 166.2 | 266 | 314.3 | 218.3 | 176.6 | 210.5 | 221.8 |
| Net income 1 | 65.32 | 105 | 165.2 | 199.7 | 157.1 | 133.3 | 150 | 158.7 |
| Net margin | 1.5% | 2.22% | 3.03% | 3.4% | 2.51% | 2.16% | 2.38% | 2.45% |
| EPS 2 | 4.080 | 6.560 | 10.33 | 12.48 | 9.830 | 8.052 | 9.386 | 9.922 |
| Free Cash Flow 1 | -141.9 | 193.3 | 92.14 | 166.4 | 222 | 187.2 | 140.4 | 181.4 |
| FCF margin | -3.25% | 4.09% | 1.69% | 2.83% | 3.55% | 3.03% | 2.23% | 2.8% |
| FCF Conversion (EBITDA) | - | 46.02% | 17.86% | 29.44% | 43.97% | 39.99% | 28.75% | 36.12% |
| FCF Conversion (Net income) | - | 184.17% | 55.77% | 83.32% | 141.35% | 140.4% | 93.61% | 114.28% |
| Dividend per Share 2 | 1.500 | 1.500 | 2.000 | 2.400 | 2.400 | 2.374 | 2.420 | 2.460 |
| Announcement Date | 5/27/19 | 5/27/20 | 5/27/21 | 5/17/22 | 5/16/23 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: February | 2020 S1 | 2021 S1 | 2022 Q2 | 2022 S1 | 2022 Q3 | 2022 Q4 |
|---|---|---|---|---|---|---|
| Net sales 1 | 2,606 | 3,132 | 1,614 | 3,292 | 1,401 | 1,182 |
| EBITDA 1 | - | - | 218.3 | - | 106.1 | 23.2 |
| EBIT | 198.4 | 335.6 | 168.1 | 337.2 | - | - |
| Operating Margin | 7.61% | 10.71% | 10.41% | 10.24% | - | - |
| Earnings before Tax (EBT) 1 | 175.5 | 313.5 | 155.4 | 312.9 | 47.5 | -46.1 |
| Net income 1 | - | 185.2 | 93.7 | 187 | 31.6 | -18.94 |
| Net margin | - | 5.91% | 5.8% | 5.68% | 2.26% | -1.6% |
| EPS 2 | - | 11.57 | 5.850 | 11.69 | 1.980 | -1.180 |
| Dividend per Share | - | - | 2.000 | - | - | - |
| Announcement Date | 9/26/19 | 9/29/20 | 9/30/21 | 9/30/21 | 12/22/21 | 5/17/22 |
1EUR in Million2EUR
Estimates
Balance Sheet Analysis
| Fiscal Period: February | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 624 | 375 | 1,085 | 1,356 | 1,343 | 1,302 | 1,261 | 1,206 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 2.646 x | 0.8934 x | 2.102 x | 2.4 x | 2.66 x | 2.782 x | 2.582 x | 2.401 x |
| Free Cash Flow 1 | -142 | 193 | 92.1 | 166 | 222 | 187 | 140 | 181 |
| ROE (net income / shareholders' equity) | 5.1% | 7.9% | 11.9% | 13.8% | 9.2% | 7.02% | 7.86% | 7.74% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share 2 | 78.50 | 83.70 | 92.30 | 102.0 | 110.0 | 120.0 | 126.0 | 133.0 |
| Cash Flow per Share 2 | 3.380 | 20.30 | - | 21.60 | 26.60 | 5.630 | 9.260 | 10.90 |
| Capex 1 | 196 | 131 | 148 | 179 | 203 | 202 | 197 | 200 |
| Capex / Sales | 4.49% | 2.77% | 2.72% | 3.04% | 3.25% | 3.26% | 3.12% | 3.08% |
| Announcement Date | 5/27/19 | 5/27/20 | 5/27/21 | 5/17/22 | 5/16/23 | - | - | - |
1EUR in Million2EUR
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
5
Last Close Price
74.1
EUR
Average target price
81.82
EUR
Spread / Average Target
+10.42%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +12.27% | 1.26B | |
| -3.31% | 332B | |
| +3.29% | 132B | |
| -12.82% | 3.62B | |
| +6.21% | 3.05B | |
| -5.07% | 2.21B | |
| +5.75% | 1.98B | |
| +7.82% | 1.73B | |
| -31.94% | 1.66B | |
| +12.14% | 1.23B |
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- Financials HORNBACH Holding AG & Co. KGaA
