HAG Stock Analysis: Hensoldt | XETRA
Aerospace & Defense | XETRA, Germany | Market Cap: 10.314m EUR | 12M Return: 0.3% | DE000HAG0005 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 25.6M
EPS Trend: 6.7%
Rev. Trend: 98.7%
Warnings
Tailwinds
Seasonality 5.8 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Hensoldt AG is a German-based provider of sensor solutions for defense and security applications, operating worldwide through two main segments: Sensors and Optronics. Its product portfolio spans radar and IFF (identification friend or foe) systems, electronic warfare and signals intelligence equipment, defensive cyber solutions, secure data communications, and electro-optical devices such as night vision and thermal imaging cameras. The company also supplies self-protection systems for platforms, submarine periscopes and optronic masts, and air traffic control infrastructure for both military and civil airports. Founded in 2020 and headquartered in Taufkirchen, Germany, Hensoldt serves a mix of military and civilian customers, reflecting the dual-use nature typical of the defense electronics subsector, where high certification requirements and long government procurement cycles create substantial barriers to entry.
- European defense spending surge lifts radar and optronics order intake
- Sensor segment margins expand on scaling defense electronics production
- Capital allocation prioritizes tuck-in M&A and rising shareholder dividends
| Net Income: 120.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA 3.05 > 1.0 |
| NWC/Revenue: 9.79% < 20% (prev 6.21%; Δ 3.58% < -1%) |
| CFO/TA 0.10 > 3% & CFO 569.0m > Net Income 120.0m |
| Net Debt (1.60b) to EBITDA (435.0m): 3.68 < 3 |
| Current Ratio: 1.10 > 1.5 & < 3 |
| Outstanding Shares: last quarter (115.5m) vs 12m ago 0.0% < -2% |
| Gross Margin: 20.88% > 18% (prev 21.53%; Δ -0.65% > 0.5%) |
| Asset Turnover: 51.73% > 50% (prev 50.25%; Δ 1.49% > 0%) |
| Interest Coverage Ratio: 2.48 > 6 (EBIT TTM 250.0m / Interest Expense TTM 101.0m) |
| A: 0.05 (Total Current Assets 2.85b - Total Current Liabilities 2.59b) / Total Assets 5.70b |
| B: 0.04 (Retained Earnings 239.0m / Total Assets 5.70b) |
| C: 0.05 (EBIT TTM 250.0m / Avg Total Assets 5.17b) |
| D: 0.20 (Book Value of Equity 968.0m / Total Liabilities 4.72b) |
| Altman-Z'' = 0.98 = BB |
| DSRI: 1.17 (Receivables 1.06b/792.0m, Revenue 2.68b/2.34b) |
| GMI: 1.03 (GM 21.53% / 20.88%) |
| AQI: 0.92 (AQ_t 0.37 / AQ_t-1 0.40) |
| SGI: 1.15 (Revenue 2.68b / 2.34b) |
| TATA: -0.08 (NI 120.0m - CFO 569.0m) / TA 5.70b) |
| Beneish M = -2.81 (Cap -4..+1) = A |
As of August 26, 2026, the stock is trading at EUR 86.98 with a total of 161,403 shares traded. Over the past week, the price has changed by -9.05%, over one month by +9.00%, over three months by -2.29% and over the past year by +0.31%.
Current recommended Stop Loss: 80.90 (which is 7% or 1.7 ATR below the current price).
Hensoldt has no consensus analysts rating.
P/E Trailing = 85.8654
P/E Forward = 96.1538
P/S = 3.8514
P/B = 10.6551
P/EG = 1.5749
Revenue TTM = 2.68b EUR
EBIT TTM = 250.0m EUR
EBITDA TTM = 435.0m EUR
Long Term Debt = 1.17b EUR (from longTermDebt, last quarter)
Short Term Debt = 64.0m EUR (from shortTermDebt, last quarter)
Debt = 2.19b EUR (from shortLongTermDebtTotal, last quarter) + Leases 501.0m
Net Debt = 1.60b EUR (calculated: Debt 2.19b - CCE 589.0m)
Enterprise Value = 11.9b EUR (10.3b + Debt 2.19b - CCE 589.0m)
Interest Coverage Ratio = 2.48 (Ebit TTM 250.0m / Interest Expense TTM 101.0m)
EV/FCF = 38.44x (Enterprise Value 11.9b / FCF TTM 310.0m)
FCF Yield = 2.60% (FCF TTM 310.0m / Enterprise Value 11.9b)
FCF Margin = 11.58% (FCF TTM 310.0m / Revenue TTM 2.68b)
Net Margin = 4.48% (Net Income TTM 120.0m / Revenue TTM 2.68b)
Gross Margin = 20.88% ((Revenue TTM 2.68b - Cost of Revenue TTM 2.12b) / Revenue TTM)
Gross Margin QoQ = 17.88% (prev 13.91%)
Tobins Q-Ratio = 2.09 (Enterprise Value 11.9b / Total Assets 5.70b)
Interest Expense / Debt = 4.61% (Interest Expense 101.0m / Debt 2.19b)
Taxrate = 36.76% (68.0m / 185.0m)
NOPAT = 158.1m (EBIT 250.0m * (1 - 36.76%))
Current Ratio = 1.10 (Total Current Assets 2.85b / Total Current Liabilities 2.59b)
Debt / Equity = 2.26 (Debt 2.19b / totalStockholderEquity, last quarter 968.0m)
Debt / EBITDA = 3.68 (Net Debt 1.60b / EBITDA 435.0m)
Debt / FCF = 5.17 (Net Debt 1.60b / FCF TTM 310.0m)
Total Stockholder Equity = 945.2m (last 4 quarters mean from totalStockholderEquity)
RoA = 2.32% (Net Income 120.0m / Total Assets 5.70b)
RoE = 12.70% (Net Income TTM 120.0m / Total Stockholder Equity 945.2m)
RoCE = 11.82% (EBIT 250.0m / Capital Employed (Equity 945.2m + L.T.Debt 1.17b))
RoIC = 5.21% (NOPAT 158.1m / Invested Capital 3.04b)
WACC = 5.06% (E(10.3b)/V(12.5b) * Re(5.52%) + D(2.19b)/V(12.5b) * Rd(4.61%) * (1-Tc(0.37)))
Discount Rate = 5.52% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 5.80 | Cagr: 0.0%
[DCF] Terminal Value 77.97% ; FCFF base≈230.4m ; Y1≈264.1m ; Y5≈388.7m
[DCF] Fair Price = 36.77 (EV 5.85b - Net Debt 1.60b = Equity 4.25b / Shares 115.5m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 6.67 | EPS CAGR: 2.16% | SUE: N/A | # QB: 0
Revenue Correlation: 98.67 | Revenue CAGR: 16.66% | SUE: N/A | # QB: 0
EPS current Year (2026-12-31): EPS=1.88 | Chg30d=+2.52% | Revisions=+44% | GrowthEPS=+28.5% | GrowthRev=+13.9%
EPS next Year (2027-12-31): EPS=2.48 | Chg30d=+3.00% | Revisions=+38% | GrowthEPS=+31.6% | GrowthRev=+16.6%
[Analyst] Revisions Ratio: +50% (up=9, down=2)