(HOT) HOCHTIEF Aktiengesellschaft - Ratings and Ratios
Exchange: XETRA •
Country: Germany •
Currency: EUR •
Type: Common Stock •
ISIN: DE0006070006
Construction, Infrastructure, Engineering, Services, Investment
EPS (Earnings per Share)
Revenue
| Risk via 10d forecast | |
|---|---|
| Volatility | 40.4% |
| Value at Risk 5%th | 61.0% |
| Relative Tail Risk | -8.27% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 2.59 |
| Alpha | 147.53 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.590 |
| Beta | 0.334 |
| Beta Downside | 0.406 |
| Drawdowns 3y | |
|---|---|
| Max DD | 24.81% |
| Mean DD | 3.49% |
| Median DD | 2.60% |
Description: HOT HOCHTIEF Aktiengesellschaft October 16, 2025
HOCHTIEF Aktiengesellschaft (XETRA:HOT) is a globally active construction firm headquartered in Essen, Germany, offering end-to-end services for large-scale building, civil engineering, and industrial projects. Its portfolio spans engineering design, project management, supply-chain and procurement, construction management, and the execution of public-private partnership (PPP) contracts, as well as infrastructure investment activities.
Key data points to note: HOCHTIEF reported €13.0 billion in revenue for FY 2023, with an order backlog of roughly €9 billion, indicating a multi-year pipeline. The company’s EBIT margin has been pressured by rising material costs, sitting at 3.2 % in 2023, but its order-to-cash cycle benefits from the long-duration nature of PPP projects. Macro-drivers include Europe’s infrastructure renewal agenda, the EU’s “NextGenerationEU” stimulus, and the global shortage of skilled construction labor, all of which can affect project timelines and pricing power.
For a deeper, data-rich assessment of HOCHTIEF’s valuation and risk profile, you may find the analytics on ValueRay useful as a next step in your research.
HOT Stock Overview
| Market Cap in USD | 23,385m |
| Sub-Industry | Construction & Engineering |
| IPO / Inception | |
| Return 12m vs S&P 500 | 124% |
| Analyst Rating | - |
HOT Dividends
| Metric | Value |
|---|---|
| Dividend Yield | 1.78% |
| Yield on Cost 5y | 7.98% |
| Yield CAGR 5y | -6.67% |
| Payout Consistency | 86.2% |
| Payout Ratio | 55.3% |
HOT Growth Ratios
| Metric | Value |
|---|---|
| CAGR 3y | 86.92% |
| CAGR/Max DD Calmar Ratio | 3.50 |
| CAGR/Mean DD Pain Ratio | 24.89 |
| Current Volume | 91.9k |
| Average Volume | 66.2k |
Piotroski VR‑10 (Strict, 0-10) 5.0
| Net Income (852.3m TTM) > 0 and > 6% of Revenue (6% = 2.27b TTM) |
| FCFTA 0.06 (>2.0%) and ΔFCFTA 0.39pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 4.71% (prev 5.94%; Δ -1.23pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.09 (>3.0%) and CFO 2.07b > Net Income 852.3m (YES >=105%, WARN >=100%) |
| Net Debt (2.76b) to EBITDA (1.80b) ratio: 1.54 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.13 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (75.2m) change vs 12m ago 0.01% (target <= -2.0% for YES) |
| Gross Margin 25.83% (prev 12.06%; Δ 13.77pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 158.8% (prev 128.8%; Δ 30.07pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 2.55 (EBITDA TTM 1.80b / Interest Expense TTM 501.7m) >= 6 (WARN >= 3) |
Altman Z'' 0.66
| (A) 0.08 = (Total Current Assets 15.12b - Total Current Liabilities 13.34b) / Total Assets 23.59b |
| (B) -0.05 = Retained Earnings (Balance) -1.07b / Total Assets 23.59b |
| (C) 0.05 = EBIT TTM 1.28b / Avg Total Assets 23.82b |
| (D) -0.05 = Book Value of Equity -1.07b / Total Liabilities 22.51b |
| Total Rating: 0.66 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 78.66
| 1. Piotroski 5.0pt |
| 2. FCF Yield 6.41% |
| 3. FCF Margin 4.01% |
| 4. Debt/Equity 8.34 |
| 5. Debt/Ebitda 1.54 |
| 6. ROIC - WACC (= 24.82)% |
| 7. RoE 85.11% |
| 8. Rev. Trend 89.99% |
| 9. EPS Trend 86.26% |
What is the price of HOT shares?
As of November 26, 2025, the stock is trading at EUR 293.80 with a total of 91,915 shares traded.
Over the past week, the price has changed by +3.96%, over one month by +14.05%, over three months by +32.34% and over the past year by +156.02%.
Over the past week, the price has changed by +3.96%, over one month by +14.05%, over three months by +32.34% and over the past year by +156.02%.
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 from current |
|---|---|---|
| Wallstreet Target Price | 252.6 | -14% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 496.5 | 69% |
HOT Fundamental Data Overview November 22, 2025
Market Cap USD = 23.38b (20.32b EUR * 1.1511 EUR.USD)
Market Cap EUR = 20.32b (20.32b EUR * 1.0 EUR.EUR)
P/E Trailing = 23.8727
P/E Forward = 28.9017
P/S = 0.537
P/B = 22.2582
P/EG = 2.04
Beta = 0.614
Revenue TTM = 37.83b EUR
EBIT TTM = 1.28b EUR
EBITDA TTM = 1.80b EUR
Long Term Debt = 6.62b EUR (from longTermDebt, last fiscal year)
Short Term Debt = 1.07b EUR (from shortTermDebt, last fiscal year)
Debt = 8.20b EUR (from shortLongTermDebtTotal, last fiscal year)
Net Debt = 2.76b EUR (from netDebt column, last fiscal year)
Enterprise Value = 23.71b EUR (20.32b + Debt 8.20b - CCE 4.80b)
Interest Coverage Ratio = 2.55 (Ebit TTM 1.28b / Interest Expense TTM 501.7m)
FCF Yield = 6.41% (FCF TTM 1.52b / Enterprise Value 23.71b)
FCF Margin = 4.01% (FCF TTM 1.52b / Revenue TTM 37.83b)
Net Margin = 2.25% (Net Income TTM 852.3m / Revenue TTM 37.83b)
Gross Margin = 25.83% ((Revenue TTM 37.83b - Cost of Revenue TTM 28.06b) / Revenue TTM)
Gross Margin QoQ = 27.86% (prev 22.58%)
Tobins Q-Ratio = 1.01 (Enterprise Value 23.71b / Total Assets 23.59b)
Interest Expense / Debt = 1.49% (Interest Expense 122.0m / Debt 8.20b)
Taxrate = 32.34% (97.5m / 301.5m)
NOPAT = 864.0m (EBIT 1.28b * (1 - 32.34%))
Current Ratio = 1.13 (Total Current Assets 15.12b / Total Current Liabilities 13.34b)
Debt / Equity = 8.34 (Debt 8.20b / totalStockholderEquity, last quarter 983.0m)
Debt / EBITDA = 1.54 (Net Debt 2.76b / EBITDA 1.80b)
Debt / FCF = 1.82 (Net Debt 2.76b / FCF TTM 1.52b)
Total Stockholder Equity = 1.00b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.61% (Net Income 852.3m / Total Assets 23.59b)
RoE = 85.11% (Net Income TTM 852.3m / Total Stockholder Equity 1.00b)
RoCE = 16.75% (EBIT 1.28b / Capital Employed (Equity 1.00b + L.T.Debt 6.62b))
RoIC = 30.28% (NOPAT 864.0m / Invested Capital 2.85b)
WACC = 5.45% (E(20.32b)/V(28.52b) * Re(7.25%) + D(8.20b)/V(28.52b) * Rd(1.49%) * (1-Tc(0.32)))
Discount Rate = 7.25% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: 100.0 | Cagr: 0.02%
[DCF Debug] Terminal Value 81.43% ; FCFE base≈1.49b ; Y1≈1.84b ; Y5≈3.14b
Fair Price DCF = 710.5 (DCF Value 53.46b / Shares Outstanding 75.2m; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 86.26 | EPS CAGR: 16.34% | SUE: 0.84 | # QB: 0
Revenue Correlation: 89.99 | Revenue CAGR: 12.21% | SUE: 0.59 | # QB: 0
Market Cap EUR = 20.32b (20.32b EUR * 1.0 EUR.EUR)
P/E Trailing = 23.8727
P/E Forward = 28.9017
P/S = 0.537
P/B = 22.2582
P/EG = 2.04
Beta = 0.614
Revenue TTM = 37.83b EUR
EBIT TTM = 1.28b EUR
EBITDA TTM = 1.80b EUR
Long Term Debt = 6.62b EUR (from longTermDebt, last fiscal year)
Short Term Debt = 1.07b EUR (from shortTermDebt, last fiscal year)
Debt = 8.20b EUR (from shortLongTermDebtTotal, last fiscal year)
Net Debt = 2.76b EUR (from netDebt column, last fiscal year)
Enterprise Value = 23.71b EUR (20.32b + Debt 8.20b - CCE 4.80b)
Interest Coverage Ratio = 2.55 (Ebit TTM 1.28b / Interest Expense TTM 501.7m)
FCF Yield = 6.41% (FCF TTM 1.52b / Enterprise Value 23.71b)
FCF Margin = 4.01% (FCF TTM 1.52b / Revenue TTM 37.83b)
Net Margin = 2.25% (Net Income TTM 852.3m / Revenue TTM 37.83b)
Gross Margin = 25.83% ((Revenue TTM 37.83b - Cost of Revenue TTM 28.06b) / Revenue TTM)
Gross Margin QoQ = 27.86% (prev 22.58%)
Tobins Q-Ratio = 1.01 (Enterprise Value 23.71b / Total Assets 23.59b)
Interest Expense / Debt = 1.49% (Interest Expense 122.0m / Debt 8.20b)
Taxrate = 32.34% (97.5m / 301.5m)
NOPAT = 864.0m (EBIT 1.28b * (1 - 32.34%))
Current Ratio = 1.13 (Total Current Assets 15.12b / Total Current Liabilities 13.34b)
Debt / Equity = 8.34 (Debt 8.20b / totalStockholderEquity, last quarter 983.0m)
Debt / EBITDA = 1.54 (Net Debt 2.76b / EBITDA 1.80b)
Debt / FCF = 1.82 (Net Debt 2.76b / FCF TTM 1.52b)
Total Stockholder Equity = 1.00b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.61% (Net Income 852.3m / Total Assets 23.59b)
RoE = 85.11% (Net Income TTM 852.3m / Total Stockholder Equity 1.00b)
RoCE = 16.75% (EBIT 1.28b / Capital Employed (Equity 1.00b + L.T.Debt 6.62b))
RoIC = 30.28% (NOPAT 864.0m / Invested Capital 2.85b)
WACC = 5.45% (E(20.32b)/V(28.52b) * Re(7.25%) + D(8.20b)/V(28.52b) * Rd(1.49%) * (1-Tc(0.32)))
Discount Rate = 7.25% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: 100.0 | Cagr: 0.02%
[DCF Debug] Terminal Value 81.43% ; FCFE base≈1.49b ; Y1≈1.84b ; Y5≈3.14b
Fair Price DCF = 710.5 (DCF Value 53.46b / Shares Outstanding 75.2m; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 86.26 | EPS CAGR: 16.34% | SUE: 0.84 | # QB: 0
Revenue Correlation: 89.99 | Revenue CAGR: 12.21% | SUE: 0.59 | # QB: 0