(HAG) Hensoldt - Overview
Sector: Industrials | Industry: Aerospace & Defense | Exchange: XETRA (Germany) | Market Cap: 10.284m EUR | Total Return: 10% in 12m
Avg Turnover: 33.5M
EPS Trend: 1.3%
Qual. Beats: 0
Rev. Trend: 98.5%
Qual. Beats: 0
Warnings
P/E ratio 83.2
Fakeout Extended 1w Choppy
Tailwinds
No distinct edge detected
Hensoldt AG is a German defense electronics manufacturer specializing in sensor solutions, electronic warfare, and optronics. The company operates through two primary segments: Sensors and Optronics, providing radar systems, identification friend-or-foe (IFF) technology, and electronic self-protection suites for air, sea, and land platforms. Its portfolio includes tactical communications, cryptographic devices, and high-precision optical equipment such as submarine periscopes and thermal imaging cameras.
The defense electronics sector is characterized by high barriers to entry due to stringent security certifications and long-term government procurement cycles. As a key supplier to NATO-aligned nations, Hensoldt utilizes a business model heavily reliant on sovereign defense budgets and multi-year maintenance contracts, which provide structural revenue visibility. The company also services civil markets through air traffic control and space-based sensor applications.
For a detailed breakdown of the companys valuation metrics and historical performance, ValueRay offers comprehensive analytical tools. Hensoldt AG is headquartered in Taufkirchen and maintains a significant role in the digitalization of modern military infrastructure.
- Rising European defense budgets drive long-term radar and electronic warfare order backlog
- Integration of ESG-linked defense spending increases institutional investor appetite for German defense stocks
- Supply chain disruptions in semiconductor procurement impact production timelines and operational margins
- German government export restrictions limit revenue potential in non-NATO international markets
| 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 502.0m > Net Income 100.0m |
| Net Debt (1.30b) to EBITDA (409.0m): 3.19 < 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 0.22%; Δ 2.08k% > 0.5%) |
| Asset Turnover: 49.58% > 50% (prev 48.40%; Δ 1.17% > 0%) |
| Interest Coverage Ratio: 2.05 > 6 (EBITDA TTM 409.0m / 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: 0.12 (Book Value of Equity 540.0m / Total Liabilities 4.56b) |
| Altman-Z'' = 1.14 = BB |
| DSRI: 1.11 (Receivables 922.0m/751.0m, Revenue 2.56b/2.31b) |
| GMI: 1.04 (GM 21.05% / 21.90%) |
| 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 502.0m) / TA 5.55b) |
| Beneish M = -2.96 (Cap -4..+1) = A |
As of May 26, 2026, the stock is trading at EUR 89.02 with a total of 225,824 shares traded.
Over the past week, the price has changed by +21.70%,
over one month by +20.78%,
over three months by +11.83% and
over the past year by +10.00%.
Hensoldt has no consensus analysts rating.
P/E Trailing = 83.215
P/E Forward = 98.0392
P/S = 4.0235
P/B = 10.5047
P/EG = 4.2821
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 = 1.30b EUR (calculated: Debt 2.12b - CCE 820.0m)
Enterprise Value = 11.6b EUR (10.3b + Debt 2.12b - CCE 820.0m)
Interest Coverage Ratio = 2.05 (Ebit TTM 223.0m / Interest Expense TTM 109.0m)
EV/FCF = 42.92x (Enterprise Value 11.6b / FCF TTM 270.0m)
FCF Yield = 2.33% (FCF TTM 270.0m / Enterprise Value 11.6b)
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 = 2.09 (Enterprise Value 11.6b / Total Assets 5.55b)
Interest Expense / Debt = 5.13% (Interest Expense 109.0m / Debt 2.12b)
Taxrate = 32.28% (41.0m / 127.0m)
NOPAT = 151.0m (EBIT 223.0m * (1 - 32.28%))
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 = 3.19 (Net Debt 1.30b / EBITDA 409.0m)
Debt / FCF = 4.83 (Net Debt 1.30b / 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 = 4.98% (NOPAT 151.0m / Invested Capital 3.03b)
WACC = 5.63% (E(10.3b)/V(12.4b) * Re(6.07%) + D(2.12b)/V(12.4b) * Rd(5.13%) * (1-Tc(0.32)))
Discount Rate = 6.07% (= 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 = 31.88 (EV 4.99b - Net Debt 1.30b = Equity 3.68b / Shares 115.5m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 1.33 | EPS CAGR: 0.43% | 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=1.77 | Chg30d=-3.84% | Revisions=-20% | GrowthEPS=+0.0% | GrowthRev=+12.1%
EPS next Year (2027-12-31): EPS=2.31 | Chg30d=-3.90% | Revisions=-40% | GrowthEPS=+30.4% | GrowthRev=+16.7%
[Analyst] Revisions Ratio: -40%