HORNBACH HOLDING AG & CO. KGAA Financials HORNBACH Holding AG & Co. KGaA
Equities
HBH
DE0006083405
Home Improvement Products & Services Retailers
|
Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
| 77.8 EUR | +0.78% |
|
-1.52% | +17.58% |
| 06-18 | Slump in residential construction continues | DP |
| 06-17 | Fewer prefabricated houses built | DP |
Valuation
| Fiscal Period: February | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 814.4 | 1,251 | 1,882 | 1,254 | 1,102 | 1,234 | - | - |
| Enterprise Value (EV) 1 | 1,190 | 2,336 | 3,238 | 2,597 | 2,305 | 2,339 | 2,302 | 2,086 |
| P/E ratio | 7.76 x | 7.57 x | 9.42 x | 8 x | 8.81 x | 8.24 x | 7.67 x | 6.73 x |
| Yield | 2.95% | 2.56% | 2.04% | 3.05% | 3.48% | 3.15% | 3.3% | 3.49% |
| Capitalization / Revenue | 0.17 x | 0.23 x | 0.32 x | 0.2 x | 0.18 x | 0.2 x | 0.19 x | 0.18 x |
| EV / Revenue | 0.25 x | 0.43 x | 0.55 x | 0.41 x | 0.37 x | 0.37 x | 0.35 x | 0.31 x |
| EV / EBITDA | 2.83 x | 4.53 x | 5.73 x | 5.14 x | 4.86 x | 4.58 x | 4.5 x | 3.71 x |
| EV / FCF | 6.15 x | 25.4 x | 19.5 x | 11.7 x | 8.1 x | 11.7 x | 11.4 x | 10.4 x |
| FCF Yield | 16.2% | 3.94% | 5.14% | 8.55% | 12.3% | 8.56% | 8.79% | 9.58% |
| Price to Book | 0.61 x | 0.85 x | 1.15 x | 0.71 x | 0.6 x | 0.62 x | 0.57 x | 0.55 x |
| Nbr of stocks (in thousands) | 16,000 | 16,000 | 16,000 | 15,950 | 15,983 | 15,991 | - | - |
| Reference price 2 | 50.90 | 78.20 | 117.6 | 78.60 | 68.95 | 77.20 | 77.20 | 77.20 |
| Announcement Date | 27/05/20 | 27/05/21 | 17/05/22 | 16/05/23 | 22/05/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: February | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 4,729 | 5,456 | 5,875 | 6,263 | 6,161 | 6,316 | 6,529 | 6,786 |
| EBITDA 1 | 420 | 516 | 565 | 505 | 474 | 511 | 511.2 | 562.2 |
| EBIT 1 | 227 | 326 | 362.6 | 290 | 254 | 261.8 | 278.3 | 299.9 |
| Operating Margin | 4.8% | 5.97% | 6.17% | 4.63% | 4.12% | 4.15% | 4.26% | 4.42% |
| Earnings before Tax (EBT) 1 | 166.2 | 266 | 314.3 | 218.3 | 179 | 205.5 | 225.1 | 248.9 |
| Net income 1 | 105 | 165.2 | 199.7 | 157.1 | 125.1 | 148 | 159.6 | 181.8 |
| Net margin | 2.22% | 3.03% | 3.4% | 2.51% | 2.03% | 2.34% | 2.44% | 2.68% |
| EPS 2 | 6.560 | 10.33 | 12.48 | 9.830 | 7.830 | 9.373 | 10.06 | 11.46 |
| Free Cash Flow 1 | 193.3 | 92.14 | 166.4 | 222 | 284.4 | 200.3 | 202.4 | 199.7 |
| FCF margin | 4.09% | 1.69% | 2.83% | 3.55% | 4.62% | 3.17% | 3.1% | 2.94% |
| FCF Conversion (EBITDA) | 46.02% | 17.86% | 29.44% | 43.97% | 60% | 39.2% | 39.59% | 35.52% |
| FCF Conversion (Net income) | 184.17% | 55.77% | 83.32% | 141.35% | 227.26% | 135.34% | 126.81% | 109.88% |
| Dividend per Share 2 | 1.500 | 2.000 | 2.400 | 2.400 | 2.400 | 2.432 | 2.545 | 2.693 |
| Announcement Date | 27/05/20 | 27/05/21 | 17/05/22 | 16/05/23 | 22/05/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: February | 2021 S1 | 2022 S1 | 2022 Q3 | 2022 Q4 |
|---|---|---|---|---|
| Net sales 1 | 3,132 | 3,292 | 1,401 | 1,182 |
| EBITDA 1 | - | - | 106.1 | 23.2 |
| EBIT | 335.6 | 337.2 | - | - |
| Operating Margin | 10.71% | 10.24% | - | - |
| Earnings before Tax (EBT) 1 | 313.5 | 312.9 | 47.5 | -46.1 |
| Net income 1 | 185.2 | 187 | 31.6 | -18.94 |
| Net margin | 5.91% | 5.68% | 2.26% | -1.6% |
| EPS 2 | 11.57 | 11.69 | 1.980 | -1.180 |
| Dividend per Share | - | - | - | - |
| Announcement Date | 29/09/20 | 30/09/21 | 22/12/21 | 17/05/22 |
1EUR in Million2EUR
Estimates
Balance Sheet Analysis
| Fiscal Period: February | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 375 | 1,085 | 1,356 | 1,343 | 1,203 | 1,105 | 1,068 | 851 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 0.8934 x | 2.102 x | 2.4 x | 2.66 x | 2.537 x | 2.162 x | 2.088 x | 1.514 x |
| Free Cash Flow 1 | 193 | 92.1 | 166 | 222 | 284 | 200 | 202 | 200 |
| ROE (net income / shareholders' equity) | 7.9% | 11.9% | 13.8% | 9.2% | 6.8% | 7.6% | 7.67% | 8.12% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share 2 | 83.70 | 92.30 | 102.0 | 110.0 | 116.0 | 125.0 | 135.0 | 141.0 |
| Cash Flow per Share 2 | 20.30 | - | 21.60 | 26.60 | 28.50 | 13.60 | 15.90 | 12.80 |
| Capex 1 | 131 | 148 | 179 | 203 | 171 | 194 | 203 | 212 |
| Capex / Sales | 2.77% | 2.72% | 3.04% | 3.25% | 2.77% | 3.07% | 3.11% | 3.13% |
| Announcement Date | 27/05/20 | 27/05/21 | 17/05/22 | 16/05/23 | 22/05/24 | - | - | - |
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
77.2
EUR
Average target price
84.35
EUR
Spread / Average Target
+9.27%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +17.58% | 1.32B | |
| +2.67% | 353B | |
| +2.71% | 130B | |
| +2.10% | 5.8B | |
| +31.72% | 3.83B | |
| -25.21% | 3.13B | |
| -6.88% | 2.18B | |
| +6.77% | 1.72B | |
| -6.08% | 1.7B | |
| -35.65% | 1.44B |
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- Financials HORNBACH Holding AG & Co. KGaA
