(HYQ) Hypoport SE - Ratings and Ratios
Mortgage Platform, Loan Marketplace, Insurance Software, Real-Estate Tech
Dividends
Currently no dividends paid| Risk via 10d forecast | |
|---|---|
| Volatility | 49.5% |
| Value at Risk 5%th | 75.5% |
| Relative Tail Risk | -7.25% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.41 |
| Alpha | -30.26 |
| CAGR/Max DD | 0.10 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.625 |
| Beta | 0.149 |
| Beta Downside | 0.064 |
| Drawdowns 3y | |
|---|---|
| Max DD | 69.89% |
| Mean DD | 27.34% |
| Median DD | 23.36% |
Description: HYQ Hypoport SE November 15, 2025
Hypoport SE (XETRA:HYQ) is a Berlin-based fintech that builds and markets digital platforms serving Germany’s credit, housing, and insurance markets. It structures its business into three segments: Real Estate & Mortgage Platforms, Financing Platforms, and Insurance Platforms.
The Real Estate & Mortgage Platforms segment powers end-to-end solutions for brokering, financing, and valuing private residential properties, leveraging a growing pipeline of digital mortgage applications that rose roughly 15% year-on-year in 2023.
The Financing Platforms segment extends beyond mortgages to offer corporate finance, housing-industry loans, and personal credit products, with total loan origination volume reaching about €5 billion in FY 2023, reflecting sustained demand for non-bank credit in a low-interest-rate environment.
Within the Insurance Platforms segment, Hypoport operates the Europace marketplace for personal loans and payment-protection policies, the Smart Insur platform for variable-price insurance distribution, and B2B solutions such as Corify and ePension for industrial and occupational pension insurance administration.
Key financial metrics from the latest annual report show FY 2023 revenue of €1.1 billion, an operating margin of roughly 10%, and a net profit increase of 8% YoY, underscoring the scalability of its SaaS-based model amid Germany’s ongoing digital-finance transformation.
For a deeper, data-driven valuation and scenario analysis, the ValueRay platform offers a granular look at HYQ’s financials and comparable peers.
Piotroski VR‑10 (Strict, 0-10) 6.0
| Net Income (20.6m TTM) > 0 and > 6% of Revenue (6% = 41.2m TTM) |
| FCFTA 0.04 (>2.0%) and ΔFCFTA 1.85pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 10.41% (prev 10.83%; Δ -0.41pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.13 (>3.0%) and CFO 86.8m > Net Income 20.6m (YES >=105%, WARN >=100%) |
| Net Debt (36.3m) to EBITDA (51.2m) ratio: 0.71 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.46 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (6.70m) change vs 12m ago 0.10% (target <= -2.0% for YES) |
| Gross Margin 39.79% (prev 47.39%; Δ -7.60pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 106.7% (prev 78.85%; Δ 27.85pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 9.02 (EBITDA TTM 51.2m / Interest Expense TTM 2.58m) >= 6 (WARN >= 3) |
Altman Z'' 2.95
| (A) 0.10 = (Total Current Assets 228.7m - Total Current Liabilities 157.1m) / Total Assets 683.4m |
| (B) 0.36 = Retained Earnings (Balance) 245.9m / Total Assets 683.4m |
| (C) 0.04 = EBIT TTM 23.3m / Avg Total Assets 644.3m |
| (D) 0.81 = Book Value of Equity 252.8m / Total Liabilities 312.7m |
| Total Rating: 2.95 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 59.91
| 1. Piotroski 6.0pt |
| 2. FCF Yield 3.04% |
| 3. FCF Margin 4.28% |
| 4. Debt/Equity 0.50 |
| 5. Debt/Ebitda 0.71 |
| 6. ROIC - WACC (= -1.94)% |
| 7. RoE 5.68% |
| 8. Rev. Trend 49.09% |
| 9. EPS Trend 1.69% |
What is the price of HYQ shares?
Over the past week, the price has changed by -4.17%, over one month by +14.21%, over three months by -3.45% and over the past year by -25.54%.
Is HYQ a buy, sell or hold?
What are the forecasts/targets for the HYQ price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 258.8 | 101.2% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 120.3 | -6.4% |
HYQ Fundamental Data Overview December 09, 2025
Market Cap EUR = 859.7m (859.7m EUR * 1.0 EUR.EUR)
P/E Trailing = 36.4052
P/E Forward = 64.9351
P/S = 1.6187
P/B = 2.4236
P/EG = 4.5213
Beta = 2.525
Revenue TTM = 687.5m EUR
EBIT TTM = 23.3m EUR
EBITDA TTM = 51.2m EUR
Long Term Debt = 93.1m EUR (from longTermDebt, last quarter)
Short Term Debt = 20.4m EUR (from shortLongTermDebt, last quarter)
Debt = 186.0m EUR (from shortLongTermDebtTotal, last fiscal year)
Net Debt = 36.3m EUR (from netDebt column, last quarter)
Enterprise Value = 968.6m EUR (859.7m + Debt 186.0m - CCE 77.2m)
Interest Coverage Ratio = 9.02 (Ebit TTM 23.3m / Interest Expense TTM 2.58m)
FCF Yield = 3.04% (FCF TTM 29.4m / Enterprise Value 968.6m)
FCF Margin = 4.28% (FCF TTM 29.4m / Revenue TTM 687.5m)
Net Margin = 2.99% (Net Income TTM 20.6m / Revenue TTM 687.5m)
Gross Margin = 39.79% ((Revenue TTM 687.5m - Cost of Revenue TTM 413.9m) / Revenue TTM)
Gross Margin QoQ = 46.84% (prev 44.18%)
Tobins Q-Ratio = 1.42 (Enterprise Value 968.6m / Total Assets 683.4m)
Interest Expense / Debt = 0.11% (Interest Expense 204.0k / Debt 186.0m)
Taxrate = 27.91% (1.99m / 7.13m)
NOPAT = 16.8m (EBIT 23.3m * (1 - 27.91%))
Current Ratio = 1.46 (Total Current Assets 228.7m / Total Current Liabilities 157.1m)
Debt / Equity = 0.50 (Debt 186.0m / totalStockholderEquity, last quarter 370.7m)
Debt / EBITDA = 0.71 (Net Debt 36.3m / EBITDA 51.2m)
Debt / FCF = 1.23 (Net Debt 36.3m / FCF TTM 29.4m)
Total Stockholder Equity = 362.5m (last 4 quarters mean from totalStockholderEquity)
RoA = 3.01% (Net Income 20.6m / Total Assets 683.4m)
RoE = 5.68% (Net Income TTM 20.6m / Total Stockholder Equity 362.5m)
RoCE = 5.12% (EBIT 23.3m / Capital Employed (Equity 362.5m + L.T.Debt 93.1m))
RoIC = 3.47% (NOPAT 16.8m / Invested Capital 484.1m)
WACC = 5.41% (E(859.7m)/V(1.05b) * Re(6.56%) + D(186.0m)/V(1.05b) * Rd(0.11%) * (1-Tc(0.28)))
Discount Rate = 6.56% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: 100.0 | Cagr: 0.19%
[DCF Debug] Terminal Value 70.46% ; FCFE base≈23.6m ; Y1≈15.5m ; Y5≈7.09m
Fair Price DCF = 20.81 (DCF Value 139.3m / Shares Outstanding 6.70m; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: 1.69 | EPS CAGR: -0.67% | SUE: N/A | # QB: 0
Revenue Correlation: 49.09 | Revenue CAGR: 6.60% | SUE: 2.64 | # QB: 5
EPS next Year (2026-12-31): EPS=5.03 | Chg30d=-0.472 | Revisions Net=-1 | Growth EPS=+56.2% | Growth Revenue=+13.2%