(HBH) Hornbach Holding VZO O.N. - Ratings and Ratios
Building Materials, Tools, Paint, Garden Supplies
HBH EPS (Earnings per Share)
HBH Revenue
Description: HBH Hornbach Holding VZO O.N.
Hornbach Holding VZO O.N. (HBH) is a German home improvement retailer, operating in the highly competitive home renovation and DIY sector. The companys stock is listed on XETRA under the ticker symbol HBH.
To evaluate HBHs performance, we need to examine key financial metrics. With a market capitalization of approximately 1.61 billion EUR, HBHs price-to-earnings ratio stands at 10.66, indicating a relatively low valuation compared to its earnings. However, the forward P/E ratio is significantly higher at 42.74, suggesting expected growth in earnings. The return on equity (RoE) is 7.57%, which is a moderate return.
Key drivers for HBHs financial performance include sales growth, gross margin, and operating efficiency. As a home improvement retailer, HBHs sales are influenced by the overall state of the construction and renovation market in Europe, particularly in Germany and other European countries where it operates. Economic indicators such as housing starts, renovation spending, and consumer confidence play a crucial role in determining demand for HBHs products and services.
From an operational perspective, HBHs ability to manage its supply chain, maintain competitive pricing, and invest in digital transformation will be critical in driving future growth. Key performance indicators (KPIs) to monitor include same-store sales growth, gross margin percentage, and operating expenses as a percentage of sales. Additionally, metrics such as customer satisfaction, online sales penetration, and inventory turnover will provide insights into HBHs operational efficiency and competitiveness.
To assess the stocks attractiveness, we must consider both the fundamental and technical aspects. While the technical indicators such as SMA20, SMA50, and SMA200 provide insights into the stocks price trends, a more in-depth analysis of the companys financial health, competitive positioning, and growth prospects is necessary to make informed investment decisions.
HBH Stock Overview
| Market Cap in USD | 1,915m |
| Sub-Industry | Home Improvement Retail |
| IPO / Inception |
HBH Stock Ratings
| Growth Rating | 37.6% |
| Fundamental | 64.3% |
| Dividend Rating | 61.0% |
| Return 12m vs S&P 500 | 13.5% |
| Analyst Rating | - |
HBH Dividends
| Dividend Yield 12m | 2.56% |
| Yield on Cost 5y | 3.02% |
| Annual Growth 5y | 9.86% |
| Payout Consistency | 97.2% |
| Payout Ratio | 25.3% |
HBH Growth Ratios
| Growth Correlation 3m | 62.8% |
| Growth Correlation 12m | 73.2% |
| Growth Correlation 5y | -2.2% |
| CAGR 5y | 5.49% |
| CAGR/Max DD 5y | 0.10 |
| Sharpe Ratio 12m | 1.03 |
| Alpha | 20.26 |
| Beta | 0.487 |
| Volatility | 29.47% |
| Current Volume | 5.9k |
| Average Volume 20d | 7.2k |
| Stop Loss | 100.8 (-3.1%) |
| Signal | 1.17 |
Piotroski VR‑10 (Strict, 0-10) 6.0
| Net Income (151.3m TTM) > 0 and > 6% of Revenue (6% = 378.2m TTM) |
| FCFTA 0.05 (>2.0%) and ΔFCFTA -3.53pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 10.80% (prev 12.69%; Δ -1.88pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.10 (>3.0%) and CFO 452.1m > Net Income 151.3m (YES >=105%, WARN >=100%) |
| Net Debt (1.17b) to EBITDA (532.7m) ratio: 2.21 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.58 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (16.0m) change vs 12m ago -0.06% (target <= -2.0% for YES) |
| Gross Margin 34.81% (prev 32.04%; Δ 2.77pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 137.0% (prev 137.7%; Δ -0.74pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 5.00 (EBITDA TTM 532.7m / Interest Expense TTM 56.4m) >= 6 (WARN >= 3) |
Altman Z'' 3.40
| (A) 0.14 = (Total Current Assets 1.85b - Total Current Liabilities 1.17b) / Total Assets 4.71b |
| (B) 0.39 = Retained Earnings (Balance) 1.83b / Total Assets 4.71b |
| (C) 0.06 = EBIT TTM 282.1m / Avg Total Assets 4.60b |
| (D) 0.73 = Book Value of Equity 1.88b / Total Liabilities 2.56b |
| Total Rating: 3.40 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 64.34
| 1. Piotroski 6.0pt = 1.0 |
| 2. FCF Yield 12.38% = 5.0 |
| 3. FCF Margin 3.87% = 0.97 |
| 4. Debt/Equity 0.37 = 2.43 |
| 5. Debt/Ebitda 1.41 = 1.11 |
| 6. ROIC - WACC 1.73% = 2.16 |
| 7. RoE 7.57% = 0.63 |
| 8. Rev. Trend 5.33% = 0.27 |
| 9. Rev. CAGR 5.45% = 0.68 |
| 10. EPS Trend -32.33% = -0.81 |
| 11. EPS CAGR 9.02% = 0.90 |
What is the price of HBH shares?
Over the past week, the price has changed by -2.80%, over one month by -0.19%, over three months by +19.39% and over the past year by +32.81%.
Is Hornbach Holding VZO O.N. a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of HBH is around 102.54 EUR . This means that HBH is currently overvalued and has a potential downside of -1.4%.
Is HBH a buy, sell or hold?
What are the forecasts/targets for the HBH price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 106.7 | 2.6% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 111.5 | 7.2% |
HBH Fundamental Data Overview
Market Cap EUR = 1.64b (1.64b EUR * 1.0 EUR.EUR)
CCE Cash And Equivalents = 426.3m EUR (last quarter)
P/E Trailing = 10.8439
P/E Forward = 42.735
P/S = 0.2609
P/B = 0.7984
P/EG = 1.31
Beta = 1.028
Revenue TTM = 6.30b EUR
EBIT TTM = 282.1m EUR
EBITDA TTM = 532.7m EUR
Long Term Debt = 463.6m EUR (from longTermDebt, last quarter)
Short Term Debt = 289.8m EUR (from shortTermDebt, last quarter)
Debt = 753.4m EUR (Calculated: Short Term 289.8m + Long Term 463.6m)
Net Debt = 1.17b EUR (from netDebt column, last quarter)
Enterprise Value = 1.97b EUR (1.64b + Debt 753.4m - CCE 426.3m)
Interest Coverage Ratio = 5.00 (Ebit TTM 282.1m / Interest Expense TTM 56.4m)
FCF Yield = 12.38% (FCF TTM 244.0m / Enterprise Value 1.97b)
FCF Margin = 3.87% (FCF TTM 244.0m / Revenue TTM 6.30b)
Net Margin = 2.40% (Net Income TTM 151.3m / Revenue TTM 6.30b)
Gross Margin = 34.81% ((Revenue TTM 6.30b - Cost of Revenue TTM 4.11b) / Revenue TTM)
Tobins Q-Ratio = 1.05 (Enterprise Value 1.97b / Book Value Of Equity 1.88b)
Interest Expense / Debt = 1.84% (Interest Expense 13.9m / Debt 753.4m)
Taxrate = 29.25% (from yearly Income Tax Expense: 60.8m / 208.0m)
NOPAT = 199.6m (EBIT 282.1m * (1 - 29.25%))
Current Ratio = 1.58 (Total Current Assets 1.85b / Total Current Liabilities 1.17b)
Debt / Equity = 0.37 (Debt 753.4m / last Quarter total Stockholder Equity 2.06b)
Debt / EBITDA = 1.41 (Net Debt 1.17b / EBITDA 532.7m)
Debt / FCF = 3.09 (Debt 753.4m / FCF TTM 244.0m)
Total Stockholder Equity = 2.00b (last 4 quarters mean)
RoA = 3.21% (Net Income 151.3m, Total Assets 4.71b )
RoE = 7.57% (Net Income TTM 151.3m / Total Stockholder Equity 2.00b)
RoCE = 11.46% (Ebit 282.1m / (Equity 2.00b + L.T.Debt 463.6m))
RoIC = 7.49% (NOPAT 199.6m / Invested Capital 2.66b)
WACC = 5.77% (E(1.64b)/V(2.40b) * Re(7.81%)) + (D(753.4m)/V(2.40b) * Rd(1.84%) * (1-Tc(0.29)))
Shares Correlation 5-Years: 20.0 | Cagr: 0.03%
Discount Rate = 7.81% (= CAPM, Blume Beta Adj.) -> floored to rf + ERP 8.05%
[DCF Debug] Terminal Value 81.43% ; FCFE base≈303.1m ; Y1≈374.0m ; Y5≈638.0m
Fair Price DCF = 678.4 (DCF Value 10.85b / Shares Outstanding 16.0m; 5y FCF grow 25.0% → 3.0% )
Revenue Correlation: 5.33 | Revenue CAGR: 5.45%
Rev Growth-of-Growth: 2.98
EPS Correlation: -32.33 | EPS CAGR: 9.02%
EPS Growth-of-Growth: -24.69