HAG Stock Analysis: Hensoldt | XETRA
Aerospace & Defense | XETRA, Germany | Market Cap: 9.103m EUR | 12M Return: -28.7% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 28.7M
EPS Trend: 1.3%
Qual. Beats: 0
Rev. Trend: 98.5%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 5.7 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: 100.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA 3.06 > 1.0 |
| NWC/Revenue: 18.51% < 20% (prev 20.56%; Δ -2.05% < -1%) |
| CFO/TA 0.09 > 3% & CFO 501.0m > Net Income 100.0m |
| Net Debt (1.28b) to EBITDA (409.0m): 3.13 < 3 |
| Current Ratio: 1.19 > 1.5 & < 3 |
| Outstanding Shares: last quarter (115.5m) vs 12m ago 0.10% < -2% |
| Gross Margin: 21.05% > 18% (prev 21.90%; Δ -0.85% > 0.5%) |
| Asset Turnover: 49.58% > 50% (prev 48.40%; Δ 1.17% > 0%) |
| Interest Coverage Ratio: 2.05 > 6 (EBIT TTM 223.0m / Interest Expense TTM 109.0m) |
| A: 0.09 (Total Current Assets 2.93b - Total Current Liabilities 2.46b) / Total Assets 5.55b |
| B: 0.05 (Retained Earnings 290.0m / Total Assets 5.55b) |
| C: 0.04 (EBIT TTM 223.0m / Avg Total Assets 5.16b) |
| D: 0.21 (Book Value of Equity 979.0m / Total Liabilities 4.56b) |
| Altman-Z'' = 1.25 = BB |
| DSRI: 1.11 (Receivables 922.0m/751.0m, Revenue 2.56b/2.31b) |
| GMI: 1.04 (GM 21.90% / 21.05%) |
| AQI: 0.90 (AQ_t 0.35 / AQ_t-1 0.39) |
| SGI: 1.11 (Revenue 2.56b / 2.31b) |
| TATA: -0.07 (NI 100.0m - CFO 501.0m) / TA 5.55b) |
| Beneish M = -2.89 (Cap -4..+1) = A |
As of July 10, 2026, the stock is trading at EUR 74.22 with a total of 463,025 shares traded. Over the past week, the price has changed by -3.56%, over one month by -4.68%, over three months by -8.39% and over the past year by -28.67%.
Current recommended Stop Loss: 69.10 (which is 6.9% or 1.4 ATR below the current price).
Hensoldt has no consensus analysts rating.
P/E Trailing = 90.5862
P/E Forward = 81.3008
P/S = 3.5613
P/B = 8.9167
P/EG = 1.3329
Revenue TTM = 2.56b EUR
EBIT TTM = 223.0m EUR
EBITDA TTM = 409.0m EUR
Long Term Debt = 1.17b EUR (from longTermDebt, last quarter)
Short Term Debt = 55.0m EUR (from shortTermDebt, last quarter)
Debt = 2.12b EUR (from shortLongTermDebtTotal, last quarter) + Leases 471.0m
Net Debt = 1.28b EUR (calculated: Debt 2.12b - CCE 845.0m)
Enterprise Value = 10.4b EUR (9.10b + Debt 2.12b - CCE 845.0m)
Interest Coverage Ratio = 2.05 (Ebit TTM 223.0m / Interest Expense TTM 109.0m)
EV/FCF = 38.45x (Enterprise Value 10.4b / FCF TTM 270.0m)
FCF Yield = 2.60% (FCF TTM 270.0m / Enterprise Value 10.4b)
FCF Margin = 10.56% (FCF TTM 270.0m / Revenue TTM 2.56b)
Net Margin = 3.91% (Net Income TTM 100.0m / Revenue TTM 2.56b)
Gross Margin = 21.05% ((Revenue TTM 2.56b - Cost of Revenue TTM 2.02b) / Revenue TTM)
Gross Margin QoQ = 13.91% (prev 26.88%)
Tobins Q-Ratio = 1.87 (Enterprise Value 10.4b / Total Assets 5.55b)
Interest Expense / Debt = 5.13% (Interest Expense 109.0m / Debt 2.12b)
Taxrate = 33.10% (48.0m / 145.0m)
NOPAT = 149.2m (EBIT 223.0m * (1 - 33.10%))
Current Ratio = 1.19 (Total Current Assets 2.93b / Total Current Liabilities 2.46b)
Debt / Equity = 2.17 (Debt 2.12b / totalStockholderEquity, last quarter 979.0m)
Debt / EBITDA = 3.13 (Net Debt 1.28b / EBITDA 409.0m)
Debt / FCF = 4.74 (Net Debt 1.28b / FCF TTM 270.0m)
Total Stockholder Equity = 912.2m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.94% (Net Income 100.0m / Total Assets 5.55b)
RoE = 10.96% (Net Income TTM 100.0m / Total Stockholder Equity 912.2m)
RoCE = 10.74% (EBIT 223.0m / Capital Employed (Equity 912.2m + L.T.Debt 1.17b))
RoIC = 4.94% (NOPAT 149.2m / Invested Capital 3.02b)
WACC = 5.44% (E(9.10b)/V(11.2b) * Re(5.91%) + D(2.12b)/V(11.2b) * Rd(5.13%) * (1-Tc(0.33)))
Discount Rate = 5.91% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 32.54 | Cagr: 3.92%
[DCF] Terminal Value 77.97% ; FCFF base≈196.4m ; Y1≈225.1m ; Y5≈331.3m
[DCF] Fair Price = 32.10 (EV 4.99b - Net Debt 1.28b = Equity 3.71b / Shares 115.5m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 1.30 | EPS CAGR: 0.42% | SUE: -0.00 | # QB: 0
Revenue Correlation: 98.47 | Revenue CAGR: 16.32% | SUE: 0.40 | # QB: 0
EPS current Year (2026-12-31): EPS=1.84 | Chg30d=+3.74% | Revisions=+10% | GrowthEPS=+25.5% | GrowthRev=+12.4%
EPS next Year (2027-12-31): EPS=2.41 | Chg30d=+3.95% | Revisions=+22% | GrowthEPS=+31.0% | GrowthRev=+17.1%
[Analyst] Revisions Ratio: +19% (up=8, down=5)