Deutsche Lufthansa（0H4A）株式概要ルフトハンザドイツ航空は、ヨーロッパ、北米、中南米、アジア太平洋、中東、アフリカで航空事業を展開しています。 詳細0H4A ファンダメンタル分析スノーフレーク・スコア評価4/6将来の成長1/6過去の実績3/6財務の健全性5/6配当金2/6報酬当社が推定した公正価値より42.5%で取引されている 収益は年間11.08%増加すると予測されています 過去5年間の収益は年間63.2%増加しました。 リスク分析4.18%の配当はフリーキャッシュフローで十分にカバーされていない すべてのリスクチェックを見る0H4A Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value€Current Price€7.8232.2% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-6b49b2016201920222025202620282031Revenue €48.8bEarnings €1.9bAdvancedSet Fair ValueView all narrativesDeutsche Lufthansa AG 競合他社International Consolidated Airlines GroupSymbol: LSE:IAGMarket cap: UK£17.7beasyJetSymbol: LSE:EZJMarket cap: UK£2.8bJet2Symbol: AIM:JET2Market cap: UK£2.1bWizz Air HoldingsSymbol: LSE:WIZZMarket cap: UK£1.0b価格と性能株価の高値、安値、推移の概要Deutsche Lufthansa過去の株価現在の株価€7.8252週高値€9.5952週安値€6.62ベータ1.281ヶ月の変化-3.04%3ヶ月変化-14.12%1年変化19.74%3年間の変化-15.07%5年間の変化-26.37%IPOからの変化-43.39%最新ニュースお知らせ • May 16Deutsche Lufthansa Ag Appoints Dr. Johannes Teyssen as Chair of the Supervisory Board, Effective May 12, 2026BP p.l.c. announced that Dr. Johannes Teyssen, a non-executive director of the Company, has been appointed as chair of the supervisory board of Deutsche Lufthansa AG, effective May 12, 2026.Reported Earnings • May 07First quarter 2026 earnings released: €0.55 loss per share (vs €0.74 loss in 1Q 2025)First quarter 2026 results: €0.55 loss per share (improved from €0.74 loss in 1Q 2025). Revenue: €9.33b (up 15% from 1Q 2025). Net loss: €665.0m (loss narrowed 25% from 1Q 2025). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Airlines industry in Europe. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 3% per year.Valuation Update With 7 Day Price Move • May 06Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €8.26, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 7x in the Airlines industry in Europe. Total loss to shareholders of 1.6% over the past three years.Upcoming Dividend • May 06Upcoming dividend of €0.33 per shareEligible shareholders must have bought the stock before 13 May 2026. Payment date: 18 May 2026. Payout ratio is a comfortable 30% but the company is not cash flow positive. Trailing yield: 4.3%. Lower than top quartile of British dividend payers (5.8%). Higher than average of industry peers (2.8%).お知らせ • Apr 05Deutsche Lufthansa AG, Annual General Meeting, May 12, 2026Deutsche Lufthansa AG, Annual General Meeting, May 12, 2026, at 10:00 W. Europe Standard Time.お知らせ • Apr 04Deutsche Lufthansa AG announces Annual dividend, payable on May 18, 2026Deutsche Lufthansa AG announced Annual dividend of EUR 0.3300 per share payable on May 18, 2026, ex-date on May 13, 2026 and record date on May 14, 2026.最新情報をもっと見るRecent updatesお知らせ • May 16Deutsche Lufthansa Ag Appoints Dr. Johannes Teyssen as Chair of the Supervisory Board, Effective May 12, 2026BP p.l.c. announced that Dr. Johannes Teyssen, a non-executive director of the Company, has been appointed as chair of the supervisory board of Deutsche Lufthansa AG, effective May 12, 2026.Reported Earnings • May 07First quarter 2026 earnings released: €0.55 loss per share (vs €0.74 loss in 1Q 2025)First quarter 2026 results: €0.55 loss per share (improved from €0.74 loss in 1Q 2025). Revenue: €9.33b (up 15% from 1Q 2025). Net loss: €665.0m (loss narrowed 25% from 1Q 2025). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Airlines industry in Europe. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 3% per year.Valuation Update With 7 Day Price Move • May 06Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €8.26, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 7x in the Airlines industry in Europe. Total loss to shareholders of 1.6% over the past three years.Upcoming Dividend • May 06Upcoming dividend of €0.33 per shareEligible shareholders must have bought the stock before 13 May 2026. Payment date: 18 May 2026. Payout ratio is a comfortable 30% but the company is not cash flow positive. Trailing yield: 4.3%. Lower than top quartile of British dividend payers (5.8%). Higher than average of industry peers (2.8%).お知らせ • Apr 05Deutsche Lufthansa AG, Annual General Meeting, May 12, 2026Deutsche Lufthansa AG, Annual General Meeting, May 12, 2026, at 10:00 W. Europe Standard Time.お知らせ • Apr 04Deutsche Lufthansa AG announces Annual dividend, payable on May 18, 2026Deutsche Lufthansa AG announced Annual dividend of EUR 0.3300 per share payable on May 18, 2026, ex-date on May 13, 2026 and record date on May 14, 2026.Declared Dividend • Apr 03Dividend increased to €0.33Dividend of €0.33 is 10% higher than last year. Ex-date: 13th May 2026 Payment date: 15th May 2026 Dividend yield will be 4.4%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by earnings (30% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 39% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Mar 09Full year 2025 earnings released: EPS: €1.11 (vs €1.16 in FY 2024)Full year 2025 results: EPS: €1.11 (down from €1.16 in FY 2024). Revenue: €39.7b (up 5.4% from FY 2024). Net income: €1.33b (down 4.0% from FY 2024). Profit margin: 3.4% (down from 3.7% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Airlines industry in Europe. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.お知らせ • Nov 07+ 1 more updateTurkish Airlines Denies Reports of SunExpress Takeover TalksTurkish Airlines (Türk Hava Yollari Anonim Ortakligi (IBSE:THYAO)) has denied media reports claiming that the company is in negotiations to acquire all shares in SunExpress (XQ) (Gunes Ekspress Havacilik A.S.), the joint venture leisure airline in which it holds a 50% stake alongside is pushing to acquire Deutsche Lufthansa AG (XTRA:LHA). "The news published in various media outlets suggesting that our company is negotiating to acquire all shares of SunExpress does not reflect the truth. Our company has no such initiative," the Turkish flag carrier said in a filing with Borsa Istanbul on November 5. The airline emphasised that SunExpress was continuing its operations successfully under the joint partnership of Turkish Airlines and Lufthansa and confirmed that there has been no change in the shareholding structure.Reported Earnings • Oct 31Third quarter 2025 earnings released: EPS: €0.81 (vs €0.93 in 3Q 2024)Third quarter 2025 results: EPS: €0.81 (down from €0.93 in 3Q 2024). Revenue: €11.2b (up 4.3% from 3Q 2024). Net income: €970.0m (down 13% from 3Q 2024). Profit margin: 8.7% (down from 10% in 3Q 2024). Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Airlines industry in Europe. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 11+ 3 more updatesDeutsche Lufthansa AG to Report Nine Months, 2026 Results on Nov 03, 2026Deutsche Lufthansa AG announced that they will report nine months, 2026 results on Nov 03, 2026Reported Earnings • Aug 01Second quarter 2025 earnings released: EPS: €0.83 (vs €0.39 in 2Q 2024)Second quarter 2025 results: EPS: €0.83 (up from €0.39 in 2Q 2024). Revenue: €10.3b (up 3.1% from 2Q 2024). Net income: €1.00b (up 113% from 2Q 2024). Profit margin: 9.7% (up from 4.7% in 2Q 2024). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Airlines industry in Europe. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.お知らせ • Jun 20Turkish Airlines Reportedly Explores Air Europa Stake as Bid Deadline LoomsTurkish Airlines (Türk Hava Yollari Anonim Ortakligi (IBSE:THYAO)) is exploring making a bid for a minority stake in Air Europa (Air Europa Líneas Aéreas S.A.U.), the latest carrier to express interest in the Spanish airline, according to two sources with knowledge of the deal, with binding bids due in the coming weeks. Interested investors have been asked to submit binding bids by early July, one of the sources and two more said. The sources declined to be identified because the terms are confidential. Turkish Airlines' consideration of a bid is significant as there are few examples of carriers outside Europe buying shares in players in the region. The interest has been reported by Spanish online newspaper El Espanol. The deadline for binding bids has not previously been reported. Air France-KLM SA (ENXTPA:AF) and Lufthansa (Deutsche Lufthansa AG (XTRA:LHA)) are also in talks with Globalia (Globalia Corporación Empresarial, S.A.), the holding company of the family Hidalgo that founded the company, about buying a stake, Reuters reported previously. The airline makes just over a quarter of its revenues from Europe. It has a codeshare agreement with Air Europa. Turkish Airlines did not immediately respond to requests for comment, while its shareholder Turkey's Wealth Fund declined to comment. A representative for Globalia and the Hidalgo family said they did not want to comment on an ongoing operation because of confidentiality issues. Lufthansa declined to comment. An Air France-KLM spokesperson said the airline is interested in reinforcing its longstanding cooperation with Air Europa. Binding bids would mark the next phase of a prolonged sale process as Air Europa seeks to raise cash to repay a government loan granted during the pandemic. A previous plan had aimed for binding bids in May, two of the sources said. The process has faced delays due in part to disagreements between members of the Hidalgo family and concerns from interested airlines on the structure of the deal, according to the two sources and a fourth one said. The interested parties are working with advisers to structure bids in the hope that buying a minority stake of about 20% may put them in a better position to take control of the airline in the future, the two sources added. Some potential suitors have expressed concern over a lack of clarity about how they may be able to do that, according to the fourth person with knowledge of the talks.Reported Earnings • Apr 30First quarter 2025 earnings released: €0.74 loss per share (vs €0.61 loss in 1Q 2024)First quarter 2025 results: €0.74 loss per share (further deteriorated from €0.61 loss in 1Q 2024). Revenue: €8.13b (up 9.9% from 1Q 2024). Net loss: €885.0m (loss widened 21% from 1Q 2024). Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Airlines industry in Europe. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Upcoming Dividend • Apr 30Upcoming dividend of €0.30 per shareEligible shareholders must have bought the stock before 07 May 2025. Payment date: 09 May 2025. Payout ratio is a comfortable 26% but the company is not cash flow positive. Trailing yield: 4.8%. Lower than top quartile of British dividend payers (6.0%). Higher than average of industry peers (3.1%).Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to €5.98, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 6x in the Airlines industry in Europe. Total loss to shareholders of 11% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €8.91 per share.Buy Or Sell Opportunity • Mar 31Now 23% undervaluedOver the last 90 days, the stock has risen 7.6% to €6.69. The fair value is estimated to be €8.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 3.8% per annum. Earnings are also forecast to grow by 11% per annum over the same time period.お知らせ • Mar 28IAG to Consider Selling 20% Stake in Air EuropaBritish Airways-owner International Consolidated Airlines Group S.A. (LSE:IAG) will consider selling its 20% stake in Air Europa (Air Europa Líneas Aéreas S.A.U.) as the Spanish airline's owner continues talks with Air France-KLM SA (ENXTPA:AF) and Deutsche Lufthansa AG (XTRA:LHA) to sell a stake in the company, IAG's Chief Executive Officer told Reuters. The move comes as European airlines have called for further consolidation of the sector, with many focusing on key routes in southern Europe as a target for expansion. "It's something that we are going to decide when (Globalia) take a decision about what they do with the company (Air Europa). We can stay or we can leave," IAG Chief Executive Officer Luis Gallego said on March 27, 2025. IAG scrapped a deal to buy Air Europa last year after it couldn't convince EU competition regulators that its proposed remedies were sufficient. Gallego said IAG was still interested in taking a stake in Portugal's TAP as IAG seeks to pursue a double-hub strategy in Iberia with Madrid and Lisbon as key points. However, elections in Portugal are set to delay TAP's sale, which means the conditions for any deal are still unclear. "If there is continuity with the current government, I think the process is going to be delayed maybe two, three months," Gallego said. "If there is a new government, I think we are going to have a bigger delay." He added that IAG's interest in TAP was contingent on its ability to be able to integrate the airline into its broader group and processes. "What we need to see is not only the stake, but also the freedom that you have to manage the company," he said.お知らせ • Mar 27Deutsche Lufthansa AG, Annual General Meeting, May 06, 2025Deutsche Lufthansa AG, Annual General Meeting, May 06, 2025, at 10:00 W. Europe Standard Time.Declared Dividend • Mar 09Dividend of €0.30 announcedDividend of €0.30 is the same as last year. Ex-date: 7th May 2025 Payment date: 9th May 2025 Dividend yield will be 3.8%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by earnings (26% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 15% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Mar 08Full year 2024 earnings released: EPS: €1.15 (vs €1.61 in FY 2023)Full year 2024 results: EPS: €1.15 (down from €1.61 in FY 2023). Revenue: €39.8b (up 12% from FY 2023). Net income: €1.39b (down 28% from FY 2023). Profit margin: 3.5% (down from 5.4% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Airlines industry in Europe. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 07Deutsche Lufthansa AG announces Annual dividend, payable on May 09, 2025Deutsche Lufthansa AG announced Annual dividend of EUR 0.3000 per share payable on May 09, 2025, ex-date on May 07, 2025 and record date on May 08, 2025.Valuation Update With 7 Day Price Move • Mar 06Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €8.02, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 7x in the Airlines industry in Europe. Total returns to shareholders of 24% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €4.21 per share.Buy Or Sell Opportunity • Jan 09Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 13% to €5.60. The fair value is estimated to be €7.03, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 1.8% per annum. Earnings are also forecast to grow by 2.0% per annum over the same time period.New Risk • Oct 29New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 50% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (50% net debt to equity). Dividend is not well covered by cash flows (dividend per share is over 13x cash flows per share). Profit margins are more than 30% lower than last year (3.1% net profit margin).Reported Earnings • Oct 29Third quarter 2024 earnings released: EPS: €0.93 (vs €1.00 in 3Q 2023)Third quarter 2024 results: EPS: €0.93 (down from €1.00 in 3Q 2023). Revenue: €11.3b (up 9.8% from 3Q 2023). Net income: €1.11b (down 6.8% from 3Q 2023). Profit margin: 9.8% (down from 12% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Airlines industry in Europe. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.お知らせ • Sep 12Lufthansa Reportedly to Weigh Investment in Air Baltic Before Initial Public OfferingDeutsche Lufthansa AG (XTRA:LHA) is considering taking a stake in Air Baltic Corporation AS ahead of the Latvian state-owned carrier’s proposed initial public offering, according to people familiar with the matter. Talks are at an early stage and no decision about an investment has been made, said the people, asking not to be identified discussing confidential deliberations. Air Baltic’s management has been gearing up for an IPO by the end of 2024, though Chief Executive Officer Martin Gauss has indicated it could also occur in the first half of 2025. Lufthansa declined to comment, as did AirBaltic. Latvia has said it plans to keep at least 25% of AirBaltic after the IPO. Its Ministry of Transport, which is managing the sale, declined to comment. An unidentified strategic investor is in talks with AirBaltic to acquire an initial 10% of the airline’s shares ahead of a public offering, Latvia’s public broadcaster reported on September 08, 2024, without saying where it got the information.お知らせ • Sep 05+ 3 more updatesDeutsche Lufthansa AG to Report Q2, 2025 Results on Jul 31, 2025Deutsche Lufthansa AG announced that they will report Q2, 2025 results on Jul 31, 2025Buy Or Sell Opportunity • Aug 15Now 21% overvaluedOver the last 90 days, the stock has fallen 17% to €5.57. The fair value is estimated to be €4.60, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 4.7% per annum. Earnings are also forecast to grow by 14% per annum over the same time period.New Risk • Aug 03New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.4% average weekly change). Profit margins are more than 30% lower than last year (3.3% net profit margin).New Risk • Aug 02New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.3% Last year net profit margin: 5.1% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (3.3% net profit margin).お知らせ • Aug 01SEB Kort Bank AB completed the acquisition of Airplus International GmbH from Deutsche Lufthansa AG (XTRA:LHA).SEB Kort Bank AB signed an agreement to acquire Lufthansa AirPlus Servicekarten GmbH from Deutsche Lufthansa AG (XTRA:LHA) for €450 million on June 20, 2023. The consideration will be paid in cash. The transaction includes Lufthansa AirPlus Servicekarten GmbH in Neu-Isenburg as well as all international subsidiaries and branches of AirPlus. AirPlus will continue to be a member of the UATP global payments network after the sale; AirPlus’ employees as well as its many customers will join SEB Kort and SEB. AirPlus’ total revenues amounted to about €231 million in 2022. The transaction is subject to the necessary preparations and required external approvals, primarily from various financial regulators and is expected to close during the first half of 2024. J.P. Morgan and SEB Corporate Finance acted as financial advisors and Freshfields Bruckhaus Deringer as legal advisor to SEB and SEB Kort. Goldman Sachs acted as financial advisor to the Lufthansa Group. Andreas Löhdefink, Cornelia Topf, Patrick Kaffiné, Stefan Mayer, Ocka Stumm, Wolfgang Bosch, Alexander Fritzsche, Jacob von Andreae of Gleiss Lutz acted as legal advisor to Lufthansa Group. Daniel Rosvall, Caroline Krassén from Advokatfirman Vinge KB acted as legal advisors to Seb Kort Bank AB. SEB Kort Bank AB completed the acquisition of Airplus International GmbH from Deutsche Lufthansa AG (XTRA:LHA) on August 1, 2024. The transaction has received fulfilment of regulatory approvals and closing conditions.New Risk • Aug 01New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 58% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (58% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Aug 01Second quarter 2024 earnings released: EPS: €0.39 (vs €0.73 in 2Q 2023)Second quarter 2024 results: EPS: €0.39 (down from €0.73 in 2Q 2023). Revenue: €10.4b (up 11% from 2Q 2023). Net income: €469.0m (down 46% from 2Q 2023). Profit margin: 4.5% (down from 9.3% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Airlines industry in Europe. Over the last 3 years on average, earnings per share has increased by 125% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.お知らせ • May 08Deutsche Lufthansa AG Announces CFO ChangesDeutsche Lufthansa AG announced that Till Streichert has been appointed by the Supervisory Board of the company to the company's Executive Board, and will assume the position of Chief Financial Officer (CFO) with responsibility for the company's Finance Division with effect from September 15, 2024. Till Streichert has been appointed for a three-year term of office which runs to September 14, 2027. The duties of the CFO of Deutsche Lufthansa AG will initially be performed by Executive Board member Michael Niggemann after the departure of Remco Steenbergen on May 7 of this year. Till Streichert will then assume responsibility for the Finance Division, which comprises Controlling Risk Management, Corporate Finance, Corporate Accounting, Investor Relations, Corporate Taxes, Financial Services and Mergers Acquisitions, from mid-September. Till Streichert is presently CFO of the Amadeus IT Group. He has held a range of global executive and financial management positions at a number of companies in his more-than-20-year career. These include T-Mobile in the UK, the Boston Consulting Group, Vodafone Romania and Vodacom South Africa. Till Streichert holds a doctorate in philosophy and a master's degree in political sciences philosophy from Leibniz University Hannover. He also completed the Executive Program at Singularity University in Mountain View, California (USA) in 2018. He is 50 years old.Upcoming Dividend • May 01Upcoming dividend of €0.30 per shareEligible shareholders must have bought the stock before 08 May 2024. Payment date: 13 May 2024. Trailing yield: 4.5%. Lower than top quartile of British dividend payers (5.9%). Higher than average of industry peers (2.2%).Reported Earnings • Apr 30First quarter 2024 earnings released: €0.61 loss per share (vs €0.35 loss in 1Q 2023)First quarter 2024 results: €0.61 loss per share (further deteriorated from €0.35 loss in 1Q 2023). Revenue: €7.39b (up 5.3% from 1Q 2023). Net loss: €734.0m (loss widened 74% from 1Q 2023). Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Airlines industry in Europe. Over the last 3 years on average, earnings per share has increased by 128% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 07Full year 2023 earnings released: EPS: €1.40 (vs €0.66 in FY 2022)Full year 2023 results: EPS: €1.40 (up from €0.66 in FY 2022). Revenue: €37.9b (up 15% from FY 2022). Net income: €1.92b (up 143% from FY 2022). Profit margin: 5.1% (up from 2.4% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Airlines industry in Europe. Over the last 3 years on average, earnings per share has increased by 125% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.お知らせ • Feb 28Lufthansa Group Appoints Dieter Vranckx as Chief Commercial Officer, Effective 1 July 2024SWISS CEO Dieter Vranckx has been appointed Chief Commercial Officer of the Lufthansa Group. He will take up his new duties on 1 July 2024. Vranckx will continue to serve SWISS as Deputy Chairman of the SWISS Board of Directors. Dieter Vranckx, CEO of Swiss International Air Lines (SWISS), has been appointed to the Lufthansa Group Executive Board responsible for 'Global Markets and Commercial Steering Hubs'. He will assume his new duties on 1 July 2024. The Lufthansa Group's 'Global Markets Commercial Steering Hubs' division will also be home to 'Customer Experience' and 'Group Brand Management', which have to date been part of the 'Brand Sustainability' division. In addition, after more than three years as SWISS CEO, Dieter Vranckx will in future serve as Deputy Chairman of the SWISS Board of Directors. Dieter Vranckx has been serving in the airline industry since 1998 in various executive capacities. He can already look back on some 20 years with the Lufthansa Group, and has spent over 17 years with SWISS and its predecessor Swissair. Before joining SWISS as its CEO in 2021, Vranckx (who is a Swiss and Belgian dual national) was CEO of sister Lufthansa Group carrier Brussels Airlines. And prior to this he served as Vice President Sales Marketing Lufthansa Group Airlines (Lufthansa, SWISS, Austrian Airlines, Brussels Airlines and Eurowings) for the Asia-Pacific region, based in Singapore.お知らせ • Nov 30Lufthansa Technik to Remain Sole Property of LufthansaDeutsche Lufthansa AG (XTRA:LHA) is to remain the sole shareholder of its aircraft maintenance business Lufthansa Technik AG after more than a year of deliberations on a possible divestment, the German airline group announced on November 29, 2023. As part of the release of its subsidary's Ambition 2030 growth programme, Lufthansa's executive board said it had decided not to pursue plans to sell a minority stake in Lufthansa Technik.Valuation Update With 7 Day Price Move • Nov 08Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €7.72, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 6x in the Airlines industry in Europe. Total returns to shareholders of 17% over the past three years.Reported Earnings • Nov 02Third quarter 2023 earnings released: EPS: €1.00 (vs €0.68 in 3Q 2022)Third quarter 2023 results: EPS: €1.00 (up from €0.68 in 3Q 2022). Revenue: €10.7b (up 6.2% from 3Q 2022). Net income: €1.19b (up 47% from 3Q 2022). Profit margin: 11% (up from 8.0% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Airlines industry in Europe. Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.お知らせ • Aug 31Deutsche Lufthansa Reportedly Explores Sale of its Insurance Brokerage Unit Albatros and Insurance Business DelvagDeutsche Lufthansa AG (XTRA:LHA), the German airline, is looking to sell its insurance brokerage unit Albatros and insurance business Delvag, according to people familiar with the matter. The country’s largest carrier is working with advisers to find a buyer for the two units in a push to streamline operations, the people said, asking not to be identified because the discussions are confidential. Lufthansa has been selling non-core businesses in a bid to raise cash after Covid, as it focuses on consolidating Europe’s aviation market. The company is in the process of selling a minority stake in its maintenance unit and has offloaded the remainder of its catering business to private equity group Aurelius. At the same time, Lufthansa agreed to buy a stake in Italy’s Italia Trasporto Aereo S.P.A. (ITA Airways) in May. The sale of Albatros and Delvag would follow that strategic rationale. A representative for Lufthansa declined to comment.お知らせ • Aug 05+ 1 more updateDeutsche Lufthansa AG to Report Q2, 2024 Results on Jul 31, 2024Deutsche Lufthansa AG announced that they will report Q2, 2024 results on Jul 31, 2024お知らせ • Aug 04+ 1 more updateDeutsche Lufthansa AG, Annual General Meeting, May 07, 2024Deutsche Lufthansa AG, Annual General Meeting, May 07, 2024.Reported Earnings • Aug 04Second quarter 2023 earnings released: EPS: €0.73 (vs €0.22 in 2Q 2022)Second quarter 2023 results: EPS: €0.73 (up from €0.22 in 2Q 2022). Revenue: €9.99b (up 18% from 2Q 2022). Net income: €874.0m (up 238% from 2Q 2022). Profit margin: 8.7% (up from 3.1% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Airlines industry in Europe. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 03Deutsche Lufthansa AG to Report Q1, 2024 Results on Apr 30, 2024Deutsche Lufthansa AG announced that they will report Q1, 2024 results on Apr 30, 2024お知らせ • Jun 22SEB Kort Bank AB signed an agreement to acquire Lufthansa AirPlus Servicekarten GmbH from Deutsche Lufthansa AG (XTRA:LHA) for €450 million.SEB Kort Bank AB signed an agreement to acquire Lufthansa AirPlus Servicekarten GmbH from Deutsche Lufthansa AG (XTRA:LHA) for €450 million on June 21, 2023. The consideration is paid in cash. AirPlus’ total revenues amounted to about €231 million in 2022. In addition to Lufthansa AirPlus Servicekarten GmbH in Neu-Isenburg, the transaction includes all international subsidiaries and branches of AirPlus. AirPlus’ employees as well as its many customers will join SEB Kort and SEB. The transaction is subject to the relevant external approvals, primarily from various financial regulators and is expected to close during the first half of 2024. J.P. Morgan and SEB Corporate Finance acted as financial advisors and Freshfields Bruckhaus Deringer as legal advisor to SEB and SEB Kort. Goldman Sachs acted as financial advisor to the Lufthansa Group.お知らせ • May 27Deutsche Lufthansa AG (XTRA:LHA) signed an agreement to acquire 41% stake in Italia Trasporto Aereo S.P.A. from Ministero dell'Economia e delle Finanze for €330 million.Deutsche Lufthansa AG (XTRA:LHA) signed an agreement to acquire 41% stake in Italia Trasporto Aereo S.P.A. from Ministero dell'Economia e delle Finanze for €330 million on May 25, 2023. The acquisition will be made through capital increase. As part of the agreement, the MEF has also committed to a capital increase of €250 million into ITA. In addition, the MEF and Lufthansa agreed on options to enable a potential acquisition of the remaining shares by Lufthansa at a later date. The purchase price for the remaining shares will be based on the business development of ITA Airways. The contractual finalization of the agreement is expected to be completed shortly. As part of Lufthansa Group, ITA will remain a standalone airline with its own management and a strong brand identity - in line with Lufthansa Group's successful multi-hub, multi-brand and multi-AOC strategy. The deal is subject to approval from EU competition authorities. Jpmorgan Asset Management Europe Sarl (Italy Branch) acted as financial advisor to Italia Trasporto Aereo S.P.A.お知らせ • May 24Deutsche Lufthansa AG (XTRA:LHA) signed an agreement to acquire four additional Airbus A350-900s from Deucalion Aviation Limited.Deutsche Lufthansa AG (XTRA:LHA) signed an agreement to acquire four additional Airbus A350-900s from Deucalion Aviation Limited on May 23, 2023. The delivery of aircrafts are expected to take place in this year.Reported Earnings • May 07First quarter 2023 earnings released: €0.35 loss per share (vs €0.49 loss in 1Q 2022)First quarter 2023 results: €0.35 loss per share (improved from €0.49 loss in 1Q 2022). Revenue: €7.57b (up 41% from 1Q 2022). Net loss: €423.0m (loss narrowed 28% from 1Q 2022). Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Airlines industry in Europe. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 06Full year 2022 earnings releasedFull year 2022 results: Net income: €791.0m (up €3.00b from FY 2021). Available seat kilometres (ASK): 259.38b (up 79% from FY 2021). Passenger load factor: 79.8% (up from 61.6% in FY 2021). Operating revenue per available seat kilometre (Oper. RASK): €0.13 (up from €0.12 in FY 2021). Total aircraft: 710 (down by 3 from FY 2021). Revenue is forecast to grow 46% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Airlines industry in Europe. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.お知らせ • Jan 20+ 1 more updateAir France Says It Won't Bid for ITA AirwaysAir France-KLM SA (ENXTPA:AF) announced that it had informed the Italian government it would not bid for an equity stake in Italia Trasporto Aereo S.P.A. (ITA Airways). Sources earlier in January 2023 told Reuters that Deutsche Lufthansa AG (XTRA:LHA) would soon file an offer for ITA, which officially replaced loss-making Alitalia in 2021. "Air France will continue to closely monitor the privatisation process and hereby reasserts its strong interest to maintain its commercial relationship with ITA, which is a SkyTeam member," Air France-KLM said. ITA's privatisation has proved a headache for the Italian government, which in December 2022 passed a decree to sell a minority stake as the first step towards a full divestment. Air France said the ITA privatisation requires the airlines involved to ultimately hold the majority of ITA's capital at the date of the government's exit. The group previously took part in the privatization process as part of a consortium which also included Delta Air Lines and Certares, with the intention of becoming a potential commercial partner.お知らせ • Jan 16Lufthansa Reportedly Seen as Ready to Bid for ITA Airways StakeA bid from Deutsche Lufthansa AG (XTRA:LHA) for Italia Trasporto Aereo S.P.A. (ITA Airways) could come early next week, three sources familiar with the matter said on January 13, 2023, in a crucial step to speeding up the full privatisation of Italy’s state-owned company. The privatisation of ITA, which officially replaced loss-making Alitalia in 2021, has proved a headache for the Italian government which in December passed a decree to initially sell a minority stake in order to facilitate a full divestment. On Jan. 18 potential bidders will not be allowed to access ITA’s financial data anymore, two of the sources said, adding Lufthansa was the only credible potential bidder. A government official said a Lufthansa bid could land even before Jan. 18, signalling the new right-wing administration of Giorgia Meloni was confident of finalising the deal. Lufthansa declined to comment. The government decree allowed bidders to buy stakes through one or more capital increases and stipulated that another airline must end up with a majority stake in ITA after the privatisation process is concluded. One of the sources, who declined to be named, said Lufthansa could initially acquire a 40% stake through a capital increase worth between EUR 300 million and EUR 350 million. The German carrier had initially partnered with shipping group MSC to bid for ITA, but MSC said in November it was no longer interested in the transaction. The previous Italian government of Mario Draghi pledged more than 1 billion euros for ITA and under a deal with the European Union Rome could provide it with an additional 250 million this year.Reported Earnings • Oct 28Third quarter 2022 earnings released: EPS: €0.68 (vs €0.15 loss in 3Q 2021)Third quarter 2022 results: EPS: €0.68 (up from €0.15 loss in 3Q 2021). Revenue: €10.7b (up 105% from 3Q 2021). Net income: €809.0m (up €899.0m from 3Q 2021). Profit margin: 7.6% (up from net loss in 3Q 2021). Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Airlines industry in Europe. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings.お知らせ • Aug 09+ 2 more updatesDeutsche Lufthansa AG to Report Q3, 2022 Results on Nov 02, 2023Deutsche Lufthansa AG announced that they will report Q3, 2022 results at 12:00 PM, Central European Standard Time on Nov 02, 2023Reported Earnings • Aug 05Second quarter 2022 earnings released: EPS: €0.22 (vs €1.26 loss in 2Q 2021)Second quarter 2022 results: EPS: €0.22 (up from €1.26 loss in 2Q 2021). Revenue: €8.96b (up 179% from 2Q 2021). Net income: €259.0m (up €1.02b from 2Q 2021). Profit margin: 2.9% (up from net loss in 2Q 2021). Over the next year, revenue is forecast to grow 27%, compared to a 85% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings.お知らせ • Aug 04Deutsche Lufthansa AG to Report Fiscal Year 2022 Results on Mar 03, 2023Deutsche Lufthansa AG announced that they will report fiscal year 2022 results on Mar 03, 2023Reported Earnings • May 06First quarter 2022 earnings released: €0.49 loss per share (vs €1.76 loss in 1Q 2021)First quarter 2022 results: €0.49 loss per share (up from €1.76 loss in 1Q 2021). Revenue: €5.78b (up 126% from 1Q 2021). Net loss: €584.0m (loss narrowed 44% from 1Q 2021). Over the next year, revenue is forecast to grow 47%, compared to a 266% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 35 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 04Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: €2.99 loss per share (up from €12.51 loss in FY 2020). Revenue: €18.4b (up 35% from FY 2020). Net loss: €2.19b (loss narrowed 67% from FY 2020). Revenue exceeded analyst estimates by 2.0%. Over the next year, revenue is forecast to grow 47%, compared to a 258% growth forecast for the airlines industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 48 percentage points per year, which is a significant difference in performance.Reported Earnings • Nov 04Third quarter 2021 earnings released: €0.15 loss per share (vs €3.80 loss in 3Q 2020)The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: €5.62b (up 111% from 3Q 2020). Net loss: €72.0m (loss narrowed 96% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 06Second quarter 2021 earnings released: €1.26 loss per share (vs €3.12 loss in 2Q 2020)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: €3.55b (up 87% from 2Q 2020). Net loss: €756.0m (loss narrowed 49% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance.Executive Departure • May 08Member of Supervisory Board has left the companyOn the 4th of May, Stephan Sturm's tenure as Member of Supervisory Board ended after 6.0 years in the role. We don't have any record of a personal shareholding under Stephan's name. A total of 8 executives have left over the last 12 months.Reported Earnings • May 01First quarter 2021 earnings released: €1.75 loss per share (vs €4.44 loss in 1Q 2020)The company reported a soft first quarter result with weaker revenues and control over costs, although losses reduced. First quarter 2021 results: Revenue: €2.88b (down 55% from 1Q 2020). Net loss: €1.05b (loss narrowed 51% from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance.Analyst Estimate Surprise Post Earnings • Mar 07Revenue misses expectationsRevenue missed analyst estimates by 2.3%. Over the next year, revenue is forecast to grow 28%, compared to a 38% growth forecast for the Airlines industry in the United Kingdom.Reported Earnings • Mar 05Full year 2020 earnings released: €12.51 loss per share (vs €2.55 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €15.5b (down 58% from FY 2019). Net loss: €6.73b (down €7.94b from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance.Executive Departure • Mar 04Chief Executive Officer of Lufthansa Cargo Peter Gerber has left the companyOn the 1st of March, Peter Gerber, was replaced as CEO by Carsten Spohr. We don't have any record of a personal shareholding under Peter's name. A total of 9 executives have left over the last 12 months.Is New 90 Day High Low • Feb 23New 90-day high: €11.38The company is up 9.0% from its price of €10.45 on 24 November 2020. The British market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Airlines industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €21.72 per share.Is New 90 Day High Low • Jan 29New 90-day high: €11.01The company is up 49% from its price of €7.37 on 30 October 2020. The British market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Airlines industry, which is up 48% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €23.16 per share.Is New 90 Day High Low • Dec 29New 90-day high: €11.02The company is up 50% from its price of €7.36 on 30 September 2020. The British market is up 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Airlines industry, which is up 71% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.70 per share.株主還元0H4AGB AirlinesGB 市場7D1.7%7.1%2.5%1Y19.7%4.9%19.4%株主還元を見る業界別リターン: 0H4A過去 1 年間で4.9 % の収益を上げたUK Airlines業界を上回りました。リターン対市場: 0H4Aは、過去 1 年間で19.4 % のリターンをもたらしたUKマーケットと一致しました。価格変動Is 0H4A's price volatile compared to industry and market?0H4A volatility0H4A Average Weekly Movement7.8%Airlines Industry Average Movement7.2%Market Average Movement5.7%10% most volatile stocks in GB Market12.0%10% least volatile stocks in GB Market3.0%安定した株価: 0H4A 、 UK市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 0H4Aの 週次ボラティリティ ( 8% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト1926103,406Carsten Spohrwww.lufthansagroup.comルフトハンザドイツ航空は、ヨーロッパ、北米、中南米、アジア太平洋、中東、アフリカで航空事業を展開している。ルフトハンザドイツ航空は3つのセグメントで事業を展開している：旅客航空部門、ロジスティクス部門、整備・修理・オーバーホール（MRO）部門である。旅客航空事業では、ルフトハンザ航空、スイスインターナショナルエアラインズ、オーストリア航空、ブリュッセル航空、ユーロウィングスの乗客に商品とサービスを提供している。ロジスティクス部門は、航空貨物コンテナ管理、一刻を争う貨物輸送、通関サービス、および国境を越えた電子商取引ソリューションのためのデジタルおよびモジュール式ロジスティクスソリューションを提供している。MRO事業では、民間航空機の整備、修理、オーバーホールサービスを、相手先ブランド製造会社、航空機リース会社、VIPジェット運航会社、政府、軍、航空会社に提供している。また、代理店や自社サイト、他の航空会社を通じて航空券や関連付帯サービスを販売したり、コックピットや客室乗務員向けの職業訓練や専門訓練、ITソリューションを提供している。同社は737機の航空機を運航している。ルフトハンザドイツ航空は1926年に設立され、ドイツのケルンに本社を置いている。もっと見るDeutsche Lufthansa AG 基礎のまとめDeutsche Lufthansa の収益と売上を時価総額と比較するとどうか。0H4A 基礎統計学時価総額€9.46b収益（TTM）€1.55b売上高(TTM)€40.28b6.1xPER（株価収益率0.2xP/Sレシオ0H4A は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計0H4A 損益計算書（TTM）収益€40.28b売上原価€32.69b売上総利益€7.60bその他の費用€6.04b収益€1.55b直近の収益報告Mar 31, 2026次回決算日Aug 04, 2026一株当たり利益（EPS）1.29グロス・マージン18.86%純利益率3.85%有利子負債／自己資本比率75.9%0H4A の長期的なパフォーマンスは？過去の実績と比較を見る配当金4.2%現在の配当利回り25%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/23 04:47終値2026/05/22 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Deutsche Lufthansa AG 14 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。30 アナリスト機関David FintzenBarclaysAndrew LobbenbergBarclaysConor DwyerBerenberg27 その他のアナリストを表示
お知らせ • May 16Deutsche Lufthansa Ag Appoints Dr. Johannes Teyssen as Chair of the Supervisory Board, Effective May 12, 2026BP p.l.c. announced that Dr. Johannes Teyssen, a non-executive director of the Company, has been appointed as chair of the supervisory board of Deutsche Lufthansa AG, effective May 12, 2026.
Reported Earnings • May 07First quarter 2026 earnings released: €0.55 loss per share (vs €0.74 loss in 1Q 2025)First quarter 2026 results: €0.55 loss per share (improved from €0.74 loss in 1Q 2025). Revenue: €9.33b (up 15% from 1Q 2025). Net loss: €665.0m (loss narrowed 25% from 1Q 2025). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Airlines industry in Europe. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 3% per year.
Valuation Update With 7 Day Price Move • May 06Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €8.26, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 7x in the Airlines industry in Europe. Total loss to shareholders of 1.6% over the past three years.
Upcoming Dividend • May 06Upcoming dividend of €0.33 per shareEligible shareholders must have bought the stock before 13 May 2026. Payment date: 18 May 2026. Payout ratio is a comfortable 30% but the company is not cash flow positive. Trailing yield: 4.3%. Lower than top quartile of British dividend payers (5.8%). Higher than average of industry peers (2.8%).
お知らせ • Apr 05Deutsche Lufthansa AG, Annual General Meeting, May 12, 2026Deutsche Lufthansa AG, Annual General Meeting, May 12, 2026, at 10:00 W. Europe Standard Time.
お知らせ • Apr 04Deutsche Lufthansa AG announces Annual dividend, payable on May 18, 2026Deutsche Lufthansa AG announced Annual dividend of EUR 0.3300 per share payable on May 18, 2026, ex-date on May 13, 2026 and record date on May 14, 2026.
お知らせ • May 16Deutsche Lufthansa Ag Appoints Dr. Johannes Teyssen as Chair of the Supervisory Board, Effective May 12, 2026BP p.l.c. announced that Dr. Johannes Teyssen, a non-executive director of the Company, has been appointed as chair of the supervisory board of Deutsche Lufthansa AG, effective May 12, 2026.
Reported Earnings • May 07First quarter 2026 earnings released: €0.55 loss per share (vs €0.74 loss in 1Q 2025)First quarter 2026 results: €0.55 loss per share (improved from €0.74 loss in 1Q 2025). Revenue: €9.33b (up 15% from 1Q 2025). Net loss: €665.0m (loss narrowed 25% from 1Q 2025). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Airlines industry in Europe. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 3% per year.
Valuation Update With 7 Day Price Move • May 06Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €8.26, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 7x in the Airlines industry in Europe. Total loss to shareholders of 1.6% over the past three years.
Upcoming Dividend • May 06Upcoming dividend of €0.33 per shareEligible shareholders must have bought the stock before 13 May 2026. Payment date: 18 May 2026. Payout ratio is a comfortable 30% but the company is not cash flow positive. Trailing yield: 4.3%. Lower than top quartile of British dividend payers (5.8%). Higher than average of industry peers (2.8%).
お知らせ • Apr 05Deutsche Lufthansa AG, Annual General Meeting, May 12, 2026Deutsche Lufthansa AG, Annual General Meeting, May 12, 2026, at 10:00 W. Europe Standard Time.
お知らせ • Apr 04Deutsche Lufthansa AG announces Annual dividend, payable on May 18, 2026Deutsche Lufthansa AG announced Annual dividend of EUR 0.3300 per share payable on May 18, 2026, ex-date on May 13, 2026 and record date on May 14, 2026.
Declared Dividend • Apr 03Dividend increased to €0.33Dividend of €0.33 is 10% higher than last year. Ex-date: 13th May 2026 Payment date: 15th May 2026 Dividend yield will be 4.4%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by earnings (30% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 39% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Mar 09Full year 2025 earnings released: EPS: €1.11 (vs €1.16 in FY 2024)Full year 2025 results: EPS: €1.11 (down from €1.16 in FY 2024). Revenue: €39.7b (up 5.4% from FY 2024). Net income: €1.33b (down 4.0% from FY 2024). Profit margin: 3.4% (down from 3.7% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Airlines industry in Europe. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
お知らせ • Nov 07+ 1 more updateTurkish Airlines Denies Reports of SunExpress Takeover TalksTurkish Airlines (Türk Hava Yollari Anonim Ortakligi (IBSE:THYAO)) has denied media reports claiming that the company is in negotiations to acquire all shares in SunExpress (XQ) (Gunes Ekspress Havacilik A.S.), the joint venture leisure airline in which it holds a 50% stake alongside is pushing to acquire Deutsche Lufthansa AG (XTRA:LHA). "The news published in various media outlets suggesting that our company is negotiating to acquire all shares of SunExpress does not reflect the truth. Our company has no such initiative," the Turkish flag carrier said in a filing with Borsa Istanbul on November 5. The airline emphasised that SunExpress was continuing its operations successfully under the joint partnership of Turkish Airlines and Lufthansa and confirmed that there has been no change in the shareholding structure.
Reported Earnings • Oct 31Third quarter 2025 earnings released: EPS: €0.81 (vs €0.93 in 3Q 2024)Third quarter 2025 results: EPS: €0.81 (down from €0.93 in 3Q 2024). Revenue: €11.2b (up 4.3% from 3Q 2024). Net income: €970.0m (down 13% from 3Q 2024). Profit margin: 8.7% (down from 10% in 3Q 2024). Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Airlines industry in Europe. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 11+ 3 more updatesDeutsche Lufthansa AG to Report Nine Months, 2026 Results on Nov 03, 2026Deutsche Lufthansa AG announced that they will report nine months, 2026 results on Nov 03, 2026
Reported Earnings • Aug 01Second quarter 2025 earnings released: EPS: €0.83 (vs €0.39 in 2Q 2024)Second quarter 2025 results: EPS: €0.83 (up from €0.39 in 2Q 2024). Revenue: €10.3b (up 3.1% from 2Q 2024). Net income: €1.00b (up 113% from 2Q 2024). Profit margin: 9.7% (up from 4.7% in 2Q 2024). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Airlines industry in Europe. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 20Turkish Airlines Reportedly Explores Air Europa Stake as Bid Deadline LoomsTurkish Airlines (Türk Hava Yollari Anonim Ortakligi (IBSE:THYAO)) is exploring making a bid for a minority stake in Air Europa (Air Europa Líneas Aéreas S.A.U.), the latest carrier to express interest in the Spanish airline, according to two sources with knowledge of the deal, with binding bids due in the coming weeks. Interested investors have been asked to submit binding bids by early July, one of the sources and two more said. The sources declined to be identified because the terms are confidential. Turkish Airlines' consideration of a bid is significant as there are few examples of carriers outside Europe buying shares in players in the region. The interest has been reported by Spanish online newspaper El Espanol. The deadline for binding bids has not previously been reported. Air France-KLM SA (ENXTPA:AF) and Lufthansa (Deutsche Lufthansa AG (XTRA:LHA)) are also in talks with Globalia (Globalia Corporación Empresarial, S.A.), the holding company of the family Hidalgo that founded the company, about buying a stake, Reuters reported previously. The airline makes just over a quarter of its revenues from Europe. It has a codeshare agreement with Air Europa. Turkish Airlines did not immediately respond to requests for comment, while its shareholder Turkey's Wealth Fund declined to comment. A representative for Globalia and the Hidalgo family said they did not want to comment on an ongoing operation because of confidentiality issues. Lufthansa declined to comment. An Air France-KLM spokesperson said the airline is interested in reinforcing its longstanding cooperation with Air Europa. Binding bids would mark the next phase of a prolonged sale process as Air Europa seeks to raise cash to repay a government loan granted during the pandemic. A previous plan had aimed for binding bids in May, two of the sources said. The process has faced delays due in part to disagreements between members of the Hidalgo family and concerns from interested airlines on the structure of the deal, according to the two sources and a fourth one said. The interested parties are working with advisers to structure bids in the hope that buying a minority stake of about 20% may put them in a better position to take control of the airline in the future, the two sources added. Some potential suitors have expressed concern over a lack of clarity about how they may be able to do that, according to the fourth person with knowledge of the talks.
Reported Earnings • Apr 30First quarter 2025 earnings released: €0.74 loss per share (vs €0.61 loss in 1Q 2024)First quarter 2025 results: €0.74 loss per share (further deteriorated from €0.61 loss in 1Q 2024). Revenue: €8.13b (up 9.9% from 1Q 2024). Net loss: €885.0m (loss widened 21% from 1Q 2024). Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Airlines industry in Europe. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Apr 30Upcoming dividend of €0.30 per shareEligible shareholders must have bought the stock before 07 May 2025. Payment date: 09 May 2025. Payout ratio is a comfortable 26% but the company is not cash flow positive. Trailing yield: 4.8%. Lower than top quartile of British dividend payers (6.0%). Higher than average of industry peers (3.1%).
Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to €5.98, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 6x in the Airlines industry in Europe. Total loss to shareholders of 11% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €8.91 per share.
Buy Or Sell Opportunity • Mar 31Now 23% undervaluedOver the last 90 days, the stock has risen 7.6% to €6.69. The fair value is estimated to be €8.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 3.8% per annum. Earnings are also forecast to grow by 11% per annum over the same time period.
お知らせ • Mar 28IAG to Consider Selling 20% Stake in Air EuropaBritish Airways-owner International Consolidated Airlines Group S.A. (LSE:IAG) will consider selling its 20% stake in Air Europa (Air Europa Líneas Aéreas S.A.U.) as the Spanish airline's owner continues talks with Air France-KLM SA (ENXTPA:AF) and Deutsche Lufthansa AG (XTRA:LHA) to sell a stake in the company, IAG's Chief Executive Officer told Reuters. The move comes as European airlines have called for further consolidation of the sector, with many focusing on key routes in southern Europe as a target for expansion. "It's something that we are going to decide when (Globalia) take a decision about what they do with the company (Air Europa). We can stay or we can leave," IAG Chief Executive Officer Luis Gallego said on March 27, 2025. IAG scrapped a deal to buy Air Europa last year after it couldn't convince EU competition regulators that its proposed remedies were sufficient. Gallego said IAG was still interested in taking a stake in Portugal's TAP as IAG seeks to pursue a double-hub strategy in Iberia with Madrid and Lisbon as key points. However, elections in Portugal are set to delay TAP's sale, which means the conditions for any deal are still unclear. "If there is continuity with the current government, I think the process is going to be delayed maybe two, three months," Gallego said. "If there is a new government, I think we are going to have a bigger delay." He added that IAG's interest in TAP was contingent on its ability to be able to integrate the airline into its broader group and processes. "What we need to see is not only the stake, but also the freedom that you have to manage the company," he said.
お知らせ • Mar 27Deutsche Lufthansa AG, Annual General Meeting, May 06, 2025Deutsche Lufthansa AG, Annual General Meeting, May 06, 2025, at 10:00 W. Europe Standard Time.
Declared Dividend • Mar 09Dividend of €0.30 announcedDividend of €0.30 is the same as last year. Ex-date: 7th May 2025 Payment date: 9th May 2025 Dividend yield will be 3.8%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by earnings (26% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 15% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Mar 08Full year 2024 earnings released: EPS: €1.15 (vs €1.61 in FY 2023)Full year 2024 results: EPS: €1.15 (down from €1.61 in FY 2023). Revenue: €39.8b (up 12% from FY 2023). Net income: €1.39b (down 28% from FY 2023). Profit margin: 3.5% (down from 5.4% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Airlines industry in Europe. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 07Deutsche Lufthansa AG announces Annual dividend, payable on May 09, 2025Deutsche Lufthansa AG announced Annual dividend of EUR 0.3000 per share payable on May 09, 2025, ex-date on May 07, 2025 and record date on May 08, 2025.
Valuation Update With 7 Day Price Move • Mar 06Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €8.02, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 7x in the Airlines industry in Europe. Total returns to shareholders of 24% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €4.21 per share.
Buy Or Sell Opportunity • Jan 09Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 13% to €5.60. The fair value is estimated to be €7.03, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 1.8% per annum. Earnings are also forecast to grow by 2.0% per annum over the same time period.
New Risk • Oct 29New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 50% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (50% net debt to equity). Dividend is not well covered by cash flows (dividend per share is over 13x cash flows per share). Profit margins are more than 30% lower than last year (3.1% net profit margin).
Reported Earnings • Oct 29Third quarter 2024 earnings released: EPS: €0.93 (vs €1.00 in 3Q 2023)Third quarter 2024 results: EPS: €0.93 (down from €1.00 in 3Q 2023). Revenue: €11.3b (up 9.8% from 3Q 2023). Net income: €1.11b (down 6.8% from 3Q 2023). Profit margin: 9.8% (down from 12% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Airlines industry in Europe. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
お知らせ • Sep 12Lufthansa Reportedly to Weigh Investment in Air Baltic Before Initial Public OfferingDeutsche Lufthansa AG (XTRA:LHA) is considering taking a stake in Air Baltic Corporation AS ahead of the Latvian state-owned carrier’s proposed initial public offering, according to people familiar with the matter. Talks are at an early stage and no decision about an investment has been made, said the people, asking not to be identified discussing confidential deliberations. Air Baltic’s management has been gearing up for an IPO by the end of 2024, though Chief Executive Officer Martin Gauss has indicated it could also occur in the first half of 2025. Lufthansa declined to comment, as did AirBaltic. Latvia has said it plans to keep at least 25% of AirBaltic after the IPO. Its Ministry of Transport, which is managing the sale, declined to comment. An unidentified strategic investor is in talks with AirBaltic to acquire an initial 10% of the airline’s shares ahead of a public offering, Latvia’s public broadcaster reported on September 08, 2024, without saying where it got the information.
お知らせ • Sep 05+ 3 more updatesDeutsche Lufthansa AG to Report Q2, 2025 Results on Jul 31, 2025Deutsche Lufthansa AG announced that they will report Q2, 2025 results on Jul 31, 2025
Buy Or Sell Opportunity • Aug 15Now 21% overvaluedOver the last 90 days, the stock has fallen 17% to €5.57. The fair value is estimated to be €4.60, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 4.7% per annum. Earnings are also forecast to grow by 14% per annum over the same time period.
New Risk • Aug 03New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.4% average weekly change). Profit margins are more than 30% lower than last year (3.3% net profit margin).
New Risk • Aug 02New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.3% Last year net profit margin: 5.1% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (3.3% net profit margin).
お知らせ • Aug 01SEB Kort Bank AB completed the acquisition of Airplus International GmbH from Deutsche Lufthansa AG (XTRA:LHA).SEB Kort Bank AB signed an agreement to acquire Lufthansa AirPlus Servicekarten GmbH from Deutsche Lufthansa AG (XTRA:LHA) for €450 million on June 20, 2023. The consideration will be paid in cash. The transaction includes Lufthansa AirPlus Servicekarten GmbH in Neu-Isenburg as well as all international subsidiaries and branches of AirPlus. AirPlus will continue to be a member of the UATP global payments network after the sale; AirPlus’ employees as well as its many customers will join SEB Kort and SEB. AirPlus’ total revenues amounted to about €231 million in 2022. The transaction is subject to the necessary preparations and required external approvals, primarily from various financial regulators and is expected to close during the first half of 2024. J.P. Morgan and SEB Corporate Finance acted as financial advisors and Freshfields Bruckhaus Deringer as legal advisor to SEB and SEB Kort. Goldman Sachs acted as financial advisor to the Lufthansa Group. Andreas Löhdefink, Cornelia Topf, Patrick Kaffiné, Stefan Mayer, Ocka Stumm, Wolfgang Bosch, Alexander Fritzsche, Jacob von Andreae of Gleiss Lutz acted as legal advisor to Lufthansa Group. Daniel Rosvall, Caroline Krassén from Advokatfirman Vinge KB acted as legal advisors to Seb Kort Bank AB. SEB Kort Bank AB completed the acquisition of Airplus International GmbH from Deutsche Lufthansa AG (XTRA:LHA) on August 1, 2024. The transaction has received fulfilment of regulatory approvals and closing conditions.
New Risk • Aug 01New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 58% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (58% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Aug 01Second quarter 2024 earnings released: EPS: €0.39 (vs €0.73 in 2Q 2023)Second quarter 2024 results: EPS: €0.39 (down from €0.73 in 2Q 2023). Revenue: €10.4b (up 11% from 2Q 2023). Net income: €469.0m (down 46% from 2Q 2023). Profit margin: 4.5% (down from 9.3% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Airlines industry in Europe. Over the last 3 years on average, earnings per share has increased by 125% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
お知らせ • May 08Deutsche Lufthansa AG Announces CFO ChangesDeutsche Lufthansa AG announced that Till Streichert has been appointed by the Supervisory Board of the company to the company's Executive Board, and will assume the position of Chief Financial Officer (CFO) with responsibility for the company's Finance Division with effect from September 15, 2024. Till Streichert has been appointed for a three-year term of office which runs to September 14, 2027. The duties of the CFO of Deutsche Lufthansa AG will initially be performed by Executive Board member Michael Niggemann after the departure of Remco Steenbergen on May 7 of this year. Till Streichert will then assume responsibility for the Finance Division, which comprises Controlling Risk Management, Corporate Finance, Corporate Accounting, Investor Relations, Corporate Taxes, Financial Services and Mergers Acquisitions, from mid-September. Till Streichert is presently CFO of the Amadeus IT Group. He has held a range of global executive and financial management positions at a number of companies in his more-than-20-year career. These include T-Mobile in the UK, the Boston Consulting Group, Vodafone Romania and Vodacom South Africa. Till Streichert holds a doctorate in philosophy and a master's degree in political sciences philosophy from Leibniz University Hannover. He also completed the Executive Program at Singularity University in Mountain View, California (USA) in 2018. He is 50 years old.
Upcoming Dividend • May 01Upcoming dividend of €0.30 per shareEligible shareholders must have bought the stock before 08 May 2024. Payment date: 13 May 2024. Trailing yield: 4.5%. Lower than top quartile of British dividend payers (5.9%). Higher than average of industry peers (2.2%).
Reported Earnings • Apr 30First quarter 2024 earnings released: €0.61 loss per share (vs €0.35 loss in 1Q 2023)First quarter 2024 results: €0.61 loss per share (further deteriorated from €0.35 loss in 1Q 2023). Revenue: €7.39b (up 5.3% from 1Q 2023). Net loss: €734.0m (loss widened 74% from 1Q 2023). Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Airlines industry in Europe. Over the last 3 years on average, earnings per share has increased by 128% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 07Full year 2023 earnings released: EPS: €1.40 (vs €0.66 in FY 2022)Full year 2023 results: EPS: €1.40 (up from €0.66 in FY 2022). Revenue: €37.9b (up 15% from FY 2022). Net income: €1.92b (up 143% from FY 2022). Profit margin: 5.1% (up from 2.4% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Airlines industry in Europe. Over the last 3 years on average, earnings per share has increased by 125% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.
お知らせ • Feb 28Lufthansa Group Appoints Dieter Vranckx as Chief Commercial Officer, Effective 1 July 2024SWISS CEO Dieter Vranckx has been appointed Chief Commercial Officer of the Lufthansa Group. He will take up his new duties on 1 July 2024. Vranckx will continue to serve SWISS as Deputy Chairman of the SWISS Board of Directors. Dieter Vranckx, CEO of Swiss International Air Lines (SWISS), has been appointed to the Lufthansa Group Executive Board responsible for 'Global Markets and Commercial Steering Hubs'. He will assume his new duties on 1 July 2024. The Lufthansa Group's 'Global Markets Commercial Steering Hubs' division will also be home to 'Customer Experience' and 'Group Brand Management', which have to date been part of the 'Brand Sustainability' division. In addition, after more than three years as SWISS CEO, Dieter Vranckx will in future serve as Deputy Chairman of the SWISS Board of Directors. Dieter Vranckx has been serving in the airline industry since 1998 in various executive capacities. He can already look back on some 20 years with the Lufthansa Group, and has spent over 17 years with SWISS and its predecessor Swissair. Before joining SWISS as its CEO in 2021, Vranckx (who is a Swiss and Belgian dual national) was CEO of sister Lufthansa Group carrier Brussels Airlines. And prior to this he served as Vice President Sales Marketing Lufthansa Group Airlines (Lufthansa, SWISS, Austrian Airlines, Brussels Airlines and Eurowings) for the Asia-Pacific region, based in Singapore.
お知らせ • Nov 30Lufthansa Technik to Remain Sole Property of LufthansaDeutsche Lufthansa AG (XTRA:LHA) is to remain the sole shareholder of its aircraft maintenance business Lufthansa Technik AG after more than a year of deliberations on a possible divestment, the German airline group announced on November 29, 2023. As part of the release of its subsidary's Ambition 2030 growth programme, Lufthansa's executive board said it had decided not to pursue plans to sell a minority stake in Lufthansa Technik.
Valuation Update With 7 Day Price Move • Nov 08Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €7.72, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 6x in the Airlines industry in Europe. Total returns to shareholders of 17% over the past three years.
Reported Earnings • Nov 02Third quarter 2023 earnings released: EPS: €1.00 (vs €0.68 in 3Q 2022)Third quarter 2023 results: EPS: €1.00 (up from €0.68 in 3Q 2022). Revenue: €10.7b (up 6.2% from 3Q 2022). Net income: €1.19b (up 47% from 3Q 2022). Profit margin: 11% (up from 8.0% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Airlines industry in Europe. Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
お知らせ • Aug 31Deutsche Lufthansa Reportedly Explores Sale of its Insurance Brokerage Unit Albatros and Insurance Business DelvagDeutsche Lufthansa AG (XTRA:LHA), the German airline, is looking to sell its insurance brokerage unit Albatros and insurance business Delvag, according to people familiar with the matter. The country’s largest carrier is working with advisers to find a buyer for the two units in a push to streamline operations, the people said, asking not to be identified because the discussions are confidential. Lufthansa has been selling non-core businesses in a bid to raise cash after Covid, as it focuses on consolidating Europe’s aviation market. The company is in the process of selling a minority stake in its maintenance unit and has offloaded the remainder of its catering business to private equity group Aurelius. At the same time, Lufthansa agreed to buy a stake in Italy’s Italia Trasporto Aereo S.P.A. (ITA Airways) in May. The sale of Albatros and Delvag would follow that strategic rationale. A representative for Lufthansa declined to comment.
お知らせ • Aug 05+ 1 more updateDeutsche Lufthansa AG to Report Q2, 2024 Results on Jul 31, 2024Deutsche Lufthansa AG announced that they will report Q2, 2024 results on Jul 31, 2024
お知らせ • Aug 04+ 1 more updateDeutsche Lufthansa AG, Annual General Meeting, May 07, 2024Deutsche Lufthansa AG, Annual General Meeting, May 07, 2024.
Reported Earnings • Aug 04Second quarter 2023 earnings released: EPS: €0.73 (vs €0.22 in 2Q 2022)Second quarter 2023 results: EPS: €0.73 (up from €0.22 in 2Q 2022). Revenue: €9.99b (up 18% from 2Q 2022). Net income: €874.0m (up 238% from 2Q 2022). Profit margin: 8.7% (up from 3.1% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Airlines industry in Europe. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 03Deutsche Lufthansa AG to Report Q1, 2024 Results on Apr 30, 2024Deutsche Lufthansa AG announced that they will report Q1, 2024 results on Apr 30, 2024
お知らせ • Jun 22SEB Kort Bank AB signed an agreement to acquire Lufthansa AirPlus Servicekarten GmbH from Deutsche Lufthansa AG (XTRA:LHA) for €450 million.SEB Kort Bank AB signed an agreement to acquire Lufthansa AirPlus Servicekarten GmbH from Deutsche Lufthansa AG (XTRA:LHA) for €450 million on June 21, 2023. The consideration is paid in cash. AirPlus’ total revenues amounted to about €231 million in 2022. In addition to Lufthansa AirPlus Servicekarten GmbH in Neu-Isenburg, the transaction includes all international subsidiaries and branches of AirPlus. AirPlus’ employees as well as its many customers will join SEB Kort and SEB. The transaction is subject to the relevant external approvals, primarily from various financial regulators and is expected to close during the first half of 2024. J.P. Morgan and SEB Corporate Finance acted as financial advisors and Freshfields Bruckhaus Deringer as legal advisor to SEB and SEB Kort. Goldman Sachs acted as financial advisor to the Lufthansa Group.
お知らせ • May 27Deutsche Lufthansa AG (XTRA:LHA) signed an agreement to acquire 41% stake in Italia Trasporto Aereo S.P.A. from Ministero dell'Economia e delle Finanze for €330 million.Deutsche Lufthansa AG (XTRA:LHA) signed an agreement to acquire 41% stake in Italia Trasporto Aereo S.P.A. from Ministero dell'Economia e delle Finanze for €330 million on May 25, 2023. The acquisition will be made through capital increase. As part of the agreement, the MEF has also committed to a capital increase of €250 million into ITA. In addition, the MEF and Lufthansa agreed on options to enable a potential acquisition of the remaining shares by Lufthansa at a later date. The purchase price for the remaining shares will be based on the business development of ITA Airways. The contractual finalization of the agreement is expected to be completed shortly. As part of Lufthansa Group, ITA will remain a standalone airline with its own management and a strong brand identity - in line with Lufthansa Group's successful multi-hub, multi-brand and multi-AOC strategy. The deal is subject to approval from EU competition authorities. Jpmorgan Asset Management Europe Sarl (Italy Branch) acted as financial advisor to Italia Trasporto Aereo S.P.A.
お知らせ • May 24Deutsche Lufthansa AG (XTRA:LHA) signed an agreement to acquire four additional Airbus A350-900s from Deucalion Aviation Limited.Deutsche Lufthansa AG (XTRA:LHA) signed an agreement to acquire four additional Airbus A350-900s from Deucalion Aviation Limited on May 23, 2023. The delivery of aircrafts are expected to take place in this year.
Reported Earnings • May 07First quarter 2023 earnings released: €0.35 loss per share (vs €0.49 loss in 1Q 2022)First quarter 2023 results: €0.35 loss per share (improved from €0.49 loss in 1Q 2022). Revenue: €7.57b (up 41% from 1Q 2022). Net loss: €423.0m (loss narrowed 28% from 1Q 2022). Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Airlines industry in Europe. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 06Full year 2022 earnings releasedFull year 2022 results: Net income: €791.0m (up €3.00b from FY 2021). Available seat kilometres (ASK): 259.38b (up 79% from FY 2021). Passenger load factor: 79.8% (up from 61.6% in FY 2021). Operating revenue per available seat kilometre (Oper. RASK): €0.13 (up from €0.12 in FY 2021). Total aircraft: 710 (down by 3 from FY 2021). Revenue is forecast to grow 46% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Airlines industry in Europe. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
お知らせ • Jan 20+ 1 more updateAir France Says It Won't Bid for ITA AirwaysAir France-KLM SA (ENXTPA:AF) announced that it had informed the Italian government it would not bid for an equity stake in Italia Trasporto Aereo S.P.A. (ITA Airways). Sources earlier in January 2023 told Reuters that Deutsche Lufthansa AG (XTRA:LHA) would soon file an offer for ITA, which officially replaced loss-making Alitalia in 2021. "Air France will continue to closely monitor the privatisation process and hereby reasserts its strong interest to maintain its commercial relationship with ITA, which is a SkyTeam member," Air France-KLM said. ITA's privatisation has proved a headache for the Italian government, which in December 2022 passed a decree to sell a minority stake as the first step towards a full divestment. Air France said the ITA privatisation requires the airlines involved to ultimately hold the majority of ITA's capital at the date of the government's exit. The group previously took part in the privatization process as part of a consortium which also included Delta Air Lines and Certares, with the intention of becoming a potential commercial partner.
お知らせ • Jan 16Lufthansa Reportedly Seen as Ready to Bid for ITA Airways StakeA bid from Deutsche Lufthansa AG (XTRA:LHA) for Italia Trasporto Aereo S.P.A. (ITA Airways) could come early next week, three sources familiar with the matter said on January 13, 2023, in a crucial step to speeding up the full privatisation of Italy’s state-owned company. The privatisation of ITA, which officially replaced loss-making Alitalia in 2021, has proved a headache for the Italian government which in December passed a decree to initially sell a minority stake in order to facilitate a full divestment. On Jan. 18 potential bidders will not be allowed to access ITA’s financial data anymore, two of the sources said, adding Lufthansa was the only credible potential bidder. A government official said a Lufthansa bid could land even before Jan. 18, signalling the new right-wing administration of Giorgia Meloni was confident of finalising the deal. Lufthansa declined to comment. The government decree allowed bidders to buy stakes through one or more capital increases and stipulated that another airline must end up with a majority stake in ITA after the privatisation process is concluded. One of the sources, who declined to be named, said Lufthansa could initially acquire a 40% stake through a capital increase worth between EUR 300 million and EUR 350 million. The German carrier had initially partnered with shipping group MSC to bid for ITA, but MSC said in November it was no longer interested in the transaction. The previous Italian government of Mario Draghi pledged more than 1 billion euros for ITA and under a deal with the European Union Rome could provide it with an additional 250 million this year.
Reported Earnings • Oct 28Third quarter 2022 earnings released: EPS: €0.68 (vs €0.15 loss in 3Q 2021)Third quarter 2022 results: EPS: €0.68 (up from €0.15 loss in 3Q 2021). Revenue: €10.7b (up 105% from 3Q 2021). Net income: €809.0m (up €899.0m from 3Q 2021). Profit margin: 7.6% (up from net loss in 3Q 2021). Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Airlines industry in Europe. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings.
お知らせ • Aug 09+ 2 more updatesDeutsche Lufthansa AG to Report Q3, 2022 Results on Nov 02, 2023Deutsche Lufthansa AG announced that they will report Q3, 2022 results at 12:00 PM, Central European Standard Time on Nov 02, 2023
Reported Earnings • Aug 05Second quarter 2022 earnings released: EPS: €0.22 (vs €1.26 loss in 2Q 2021)Second quarter 2022 results: EPS: €0.22 (up from €1.26 loss in 2Q 2021). Revenue: €8.96b (up 179% from 2Q 2021). Net income: €259.0m (up €1.02b from 2Q 2021). Profit margin: 2.9% (up from net loss in 2Q 2021). Over the next year, revenue is forecast to grow 27%, compared to a 85% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings.
お知らせ • Aug 04Deutsche Lufthansa AG to Report Fiscal Year 2022 Results on Mar 03, 2023Deutsche Lufthansa AG announced that they will report fiscal year 2022 results on Mar 03, 2023
Reported Earnings • May 06First quarter 2022 earnings released: €0.49 loss per share (vs €1.76 loss in 1Q 2021)First quarter 2022 results: €0.49 loss per share (up from €1.76 loss in 1Q 2021). Revenue: €5.78b (up 126% from 1Q 2021). Net loss: €584.0m (loss narrowed 44% from 1Q 2021). Over the next year, revenue is forecast to grow 47%, compared to a 266% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 35 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 04Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: €2.99 loss per share (up from €12.51 loss in FY 2020). Revenue: €18.4b (up 35% from FY 2020). Net loss: €2.19b (loss narrowed 67% from FY 2020). Revenue exceeded analyst estimates by 2.0%. Over the next year, revenue is forecast to grow 47%, compared to a 258% growth forecast for the airlines industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 48 percentage points per year, which is a significant difference in performance.
Reported Earnings • Nov 04Third quarter 2021 earnings released: €0.15 loss per share (vs €3.80 loss in 3Q 2020)The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: €5.62b (up 111% from 3Q 2020). Net loss: €72.0m (loss narrowed 96% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 06Second quarter 2021 earnings released: €1.26 loss per share (vs €3.12 loss in 2Q 2020)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: €3.55b (up 87% from 2Q 2020). Net loss: €756.0m (loss narrowed 49% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance.
Executive Departure • May 08Member of Supervisory Board has left the companyOn the 4th of May, Stephan Sturm's tenure as Member of Supervisory Board ended after 6.0 years in the role. We don't have any record of a personal shareholding under Stephan's name. A total of 8 executives have left over the last 12 months.
Reported Earnings • May 01First quarter 2021 earnings released: €1.75 loss per share (vs €4.44 loss in 1Q 2020)The company reported a soft first quarter result with weaker revenues and control over costs, although losses reduced. First quarter 2021 results: Revenue: €2.88b (down 55% from 1Q 2020). Net loss: €1.05b (loss narrowed 51% from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance.
Analyst Estimate Surprise Post Earnings • Mar 07Revenue misses expectationsRevenue missed analyst estimates by 2.3%. Over the next year, revenue is forecast to grow 28%, compared to a 38% growth forecast for the Airlines industry in the United Kingdom.
Reported Earnings • Mar 05Full year 2020 earnings released: €12.51 loss per share (vs €2.55 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €15.5b (down 58% from FY 2019). Net loss: €6.73b (down €7.94b from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance.
Executive Departure • Mar 04Chief Executive Officer of Lufthansa Cargo Peter Gerber has left the companyOn the 1st of March, Peter Gerber, was replaced as CEO by Carsten Spohr. We don't have any record of a personal shareholding under Peter's name. A total of 9 executives have left over the last 12 months.
Is New 90 Day High Low • Feb 23New 90-day high: €11.38The company is up 9.0% from its price of €10.45 on 24 November 2020. The British market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Airlines industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €21.72 per share.
Is New 90 Day High Low • Jan 29New 90-day high: €11.01The company is up 49% from its price of €7.37 on 30 October 2020. The British market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Airlines industry, which is up 48% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €23.16 per share.
Is New 90 Day High Low • Dec 29New 90-day high: €11.02The company is up 50% from its price of €7.36 on 30 September 2020. The British market is up 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Airlines industry, which is up 71% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.70 per share.
