(HOT) HOCHTIEF Aktiengesellschaft - Overview

Sector: IndustrialsIndustry: Engineering & Construction | Exchange XETRA (Germany) | Currency EUR | Market Cap: 34.115m | Total Return 148% in 12m

Stock Construction, Engineering, Infrastructure, Project Management, PPP
Total Rating 65
Risk 65
Buy Signal -0.37
Engineering & Construction -8.9
Construction & Engineering -12.2
Market Cap: 34,115m
Avg Trading Vol: 32.3M EUR
ATR: 4.85%
Peers RS (IBD): 87.5
Risk 5d forecast
Volatility41.9%
Rel. Tail Risk-7.16%
Reward TTM
Sharpe Ratio2.48
Alpha127.74
Character TTM
Beta0.552
Beta Downside0.328
Drawdowns 3y
Max DD24.81%
CAGR/Max DD3.03
EPS (Earnings per Share) EPS (Earnings per Share) of HOT over the last years for every Quarter: "2021-03": 1.26, "2021-06": 1.59, "2021-09": 1.46, "2021-12": -1.27, "2022-03": 1.74, "2022-06": 1.93, "2022-09": 1.75, "2022-12": 1.53, "2023-03": 1.83, "2023-06": 1.76, "2023-09": 1.77, "2023-12": 1.99, "2024-03": 1.77, "2024-06": 2.11, "2024-09": 1.98, "2024-12": 2.6145, "2025-03": 2.22, "2025-06": 2.3025, "2025-09": 2.32, "2025-12": 3.2786,
EPS CAGR: 18.41%
EPS Trend: 81.6%
Last SUE: 0.84
Qual. Beats: 0
Revenue Revenue of HOT over the last years for every Quarter: 2021-03: 4934.409, 2021-06: 5335.475, 2021-09: 5318.736, 2021-12: 5789.254, 2022-03: 5333.298, 2022-06: 6611.053, 2022-09: 7179.206, 2022-12: 7095.775, 2023-03: 6189.057, 2023-06: 6826.555, 2023-09: 7346.332, 2023-12: 7394.102, 2024-03: 6756.936, 2024-06: 7894.64, 2024-09: 8925.093, 2024-12: 9724.601, 2025-03: 8917.091, 2025-06: 9452.62, 2025-09: 9739.578, 2025-12: 10127.175,
Rev. CAGR: 18.65%
Rev. Trend: 91.2%
Last SUE: -1.11
Qual. Beats: 0
Description: HOT HOCHTIEF Aktiengesellschaft March 13, 2026

HOCHTIEF Aktiengesellschaft (HOT) is a global construction company. It specializes in large-scale building, civil engineering, and industrial projects.

The companys business model includes a comprehensive suite of services, from initial engineering and project management to procurement and execution of civil works. This integrated approach is common in the construction sector, where companies often manage complex projects from conception to completion.

HOT also engages in public-private partnerships (PPPs), a prevalent funding model for infrastructure projects globally. Additionally, it undertakes infrastructure investment activities, diversifying its revenue streams beyond traditional construction contracts.

Founded in 1873 and headquartered in Essen, Germany, HOCHTIEF is a subsidiary of ACS, Actividades de Construcción y Servicios, S.A.

For more detailed analysis, consider exploring ValueRays comprehensive reports.

Headlines to Watch Out For
  • Global infrastructure spending drives project pipeline
  • Raw material price volatility impacts project costs
  • Public-private partnership project awards boost order backlog
  • Interest rate hikes increase financing expenses
  • Regulatory changes in construction standards affect project viability
Piotroski VR‑10 (Strict, 0-10) 4.5
Net Income: 902.3m TTM > 0 and > 6% of Revenue
FCF/TA: 0.06 > 0.02 and ΔFCF/TA -0.25 > 1.0
NWC/Revenue: 4.86% < 20% (prev 5.43%; Δ -0.57% < -1%)
CFO/TA 0.08 > 3% & CFO 2.04b > Net Income 902.3m
Net Debt (2.43b) to EBITDA (2.43b): 1.00 < 3
Current Ratio: 1.13 > 1.5 & < 3
Outstanding Shares: last quarter (75.2m) vs 12m ago 0.01% < -2%
Gross Margin: 16.03% > 18% (prev 0.18%; Δ 1.59k% > 0.5%)
Asset Turnover: 154.2% > 50% (prev 135.1%; Δ 19.12% > 0%)
Interest Coverage Ratio: 3.47 > 6 (EBITDA TTM 2.43b / Interest Expense TTM 508.1m)
Altman Z'' 0.78
A: 0.07 (Total Current Assets 15.87b - Total Current Liabilities 14.01b) / Total Assets 24.94b
B: -0.05 (Retained Earnings -1.18b / Total Assets 24.94b)
C: 0.07 (EBIT TTM 1.76b / Avg Total Assets 24.80b)
D: -0.03 (Book Value of Equity -662.6m / Total Liabilities 23.55b)
Altman-Z'' Score: 0.78 = B
Beneish M -2.75
DSRI: 0.98 (Receivables 8.07b/7.16b, Revenue 38.24b/33.30b)
GMI: 1.11 (GM 16.03% / 17.74%)
AQI: 1.23 (AQ_t 0.30 / AQ_t-1 0.25)
SGI: 1.15 (Revenue 38.24b / 33.30b)
TATA: -0.05 (NI 902.3m - CFO 2.04b) / TA 24.94b)
Beneish M-Score: -2.75 (Cap -4..+1) = A
What is the price of HOT shares? As of March 30, 2026, the stock is trading at EUR 377.40 with a total of 63,203 shares traded.
Over the past week, the price has changed by -4.31%, over one month by -8.53%, over three months by +13.40% and over the past year by +148.02%.
Is HOT a buy, sell or hold? HOCHTIEF Aktiengesellschaft has no consensus analysts rating.
What are the forecasts/targets for the HOT price?
ISSUER TARGET UP/DOWN
Wallstreet Target Price 367.8 -2.6%
Analysts Target Price - -
HOT Fundamental Data Overview March 28, 2026
Market Cap USD = 34.11b (29.57b EUR * 1.1537 EUR.USD)
P/E Trailing = 32.7773
P/E Forward = 29.4985
P/S = 0.7733
P/B = 23.0126
P/EG = 2.7963
Revenue TTM = 38.24b EUR
EBIT TTM = 1.76b EUR
EBITDA TTM = 2.43b EUR
Long Term Debt = 7.40b EUR (from longTermDebt, last quarter)
Short Term Debt = 412.2m EUR (from shortTermDebt, last quarter)
Debt = 8.65b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 2.43b EUR (from netDebt column, last quarter)
Enterprise Value = 32.00b EUR (29.57b + Debt 8.65b - CCE 6.23b)
Interest Coverage Ratio = 3.47 (Ebit TTM 1.76b / Interest Expense TTM 508.1m)
EV/FCF = 19.84x (Enterprise Value 32.00b / FCF TTM 1.61b)
FCF Yield = 5.04% (FCF TTM 1.61b / Enterprise Value 32.00b)
FCF Margin = 4.22% (FCF TTM 1.61b / Revenue TTM 38.24b)
Net Margin = 2.36% (Net Income TTM 902.3m / Revenue TTM 38.24b)
Gross Margin = 16.03% ((Revenue TTM 38.24b - Cost of Revenue TTM 32.11b) / Revenue TTM)
Gross Margin QoQ = 7.01% (prev 9.28%)
Tobins Q-Ratio = 1.28 (Enterprise Value 32.00b / Total Assets 24.94b)
Interest Expense / Debt = 1.39% (Interest Expense 120.0m / Debt 8.65b)
Taxrate = 30.64% (122.1m / 398.7m)
NOPAT = 1.22b (EBIT 1.76b * (1 - 30.64%))
Current Ratio = 1.13 (Total Current Assets 15.87b / Total Current Liabilities 14.01b)
Debt / Equity = 6.83 (Debt 8.65b / totalStockholderEquity, last quarter 1.27b)
Debt / EBITDA = 1.00 (Net Debt 2.43b / EBITDA 2.43b)
Debt / FCF = 1.51 (Net Debt 2.43b / FCF TTM 1.61b)
Total Stockholder Equity = 1.05b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.64% (Net Income 902.3m / Total Assets 24.94b)
RoE = 85.89% (Net Income TTM 902.3m / Total Stockholder Equity 1.05b)
RoCE = 20.89% (EBIT 1.76b / Capital Employed (Equity 1.05b + L.T.Debt 7.40b))
RoIC = 41.65% (NOPAT 1.22b / Invested Capital 2.94b)
WACC = 6.34% (E(29.57b)/V(38.22b) * Re(7.92%) + D(8.65b)/V(38.22b) * Rd(1.39%) * (1-Tc(0.31)))
Discount Rate = 7.92% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.92%
Shares Correlation 3-Years: 100.0 | Cagr: 0.02%
[DCF] Terminal Value 87.21% ; FCFF base≈1.63b ; Y1≈2.01b ; Y5≈3.43b
[DCF] Fair Price = 1.15k (EV 89.08b - Net Debt 2.43b = Equity 86.65b / Shares 75.2m; r=6.34% [WACC]; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 81.56 | EPS CAGR: 18.41% | SUE: 0.84 | # QB: 0
Revenue Correlation: 91.20 | Revenue CAGR: 18.65% | SUE: -1.11 | # QB: 0
EPS current Year (2026-12-31): EPS=13.34 | Chg7d=+0.122 | Chg30d=+0.941 | Revisions Net=+3 | Growth EPS=+27.2% | Growth Revenue=+15.4%
EPS next Year (2027-12-31): EPS=16.03 | Chg7d=+0.192 | Chg30d=+1.388 | Revisions Net=+5 | Growth EPS=+20.1% | Growth Revenue=+10.4%
[Analyst] Revisions Ratio: +0.60 (4 Up / 1 Down within 30d for Current Year)
[Growth] Implied Growth Rate = 4.9% (Discount Rate 7.9% - Earnings Yield 3.1%)
[Growth] Growth Spread = +5.6% (Analyst 10.4% - Implied 4.9%)
Additional Sources for HOT Stock Fund Manager Positions: Dataroma · Stockcircle