Declared Dividend • Jun 01
Dividend of €0.90 announced Dividend of €0.90 is the same as last year. Ex-date: 10th July 2026 Payment date: 14th July 2026 Dividend yield will be 1.4%, which is lower than the industry average of 2.5%. Sustainability & Growth Dividend is well covered by both earnings (25% earnings payout ratio) and cash flows (12% cash payout ratio). The dividend has not increased over the past 5 years but payments have been stable during that time. The company's earnings per share (EPS) would need to decline by 72% to shift the payout ratio to a potentially unsustainable range, which is more than the 6.6% EPS decline seen over the last 5 years. 공시 • Jun 01
HORNBACH Baumarkt AG, Annual General Meeting, Jul 09, 2026 HORNBACH Baumarkt AG, Annual General Meeting, Jul 09, 2026, at 10:00 W. Europe Standard Time. 공시 • May 30
HORNBACH Baumarkt AG announces Annual dividend, payable on July 14, 2026 HORNBACH Baumarkt AG announced Annual dividend of EUR 0.9000 per share payable on July 14, 2026, ex-date on July 10, 2026 and record date on July 13, 2026. New Risk • May 21
New major risk - Revenue and earnings growth Earnings have declined by 10.0% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. 속보 • May 20
HORNBACH Revenue Reaches €6.08b as Online Sales Grow and Profit Faces Cost Pressures HORNBACH Baumarkt reported revenue of €6.08b, up 4.0%, supported by strong online growth and market share gains in its core countries.
Adjusted EBIT was slightly higher, while net profit fell due to higher costs and impairments.
The company kept its outlook for 2026/27 stable and plans to continue expansion and investment.
The combination of higher revenue and stable adjusted EBIT alongside weaker net profit points to cost pressures that you should watch closely, particularly if they persist.
Planned expansion and ongoing investment can support the business over time but may also keep costs elevated, so it is worth paying attention to how efficiently new projects and online growth are executed. New Risk • May 17
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended February 2025. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. This is currently the only risk that has been identified for the company. 공시 • Mar 07
HORNBACH Baumarkt AG to Report Fiscal Year 2026 Results on May 19, 2026 HORNBACH Baumarkt AG announced that they will report fiscal year 2026 results on May 19, 2026 공시 • Dec 03
HORNBACH Baumarkt AG to Report Q3, 2027 Results on Dec 22, 2026 HORNBACH Baumarkt AG announced that they will report Q3, 2027 results on Dec 22, 2026 New Risk • Dec 02
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended February 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 7.5% per year over the past 5 years. Minor Risk Latest financial reports are more than 6 months old (reported February 2025 fiscal period end). Upcoming Dividend • Jul 04
Upcoming dividend of €0.90 per share Eligible shareholders must have bought the stock before 11 July 2025. Payment date: 15 July 2025. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (4.3%). Lower than average of industry peers (1.9%). Declared Dividend • Jun 04
Dividend of €0.90 announced Dividend of €0.90 is the same as last year. Ex-date: 11th July 2025 Payment date: 15th July 2025 Dividend yield will be 1.4%, which is lower than the industry average of 2.5%. Sustainability & Growth Dividend is well covered by both earnings (25% earnings payout ratio) and cash flows (16% cash payout ratio). The dividend has not increased over the past 4 years but payments have been stable during that time. Earnings per share has grown by 7.9% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • May 22
Full year 2025 earnings released: EPS: €3.63 (vs €2.34 in FY 2024) Full year 2025 results: EPS: €3.63 (up from €2.34 in FY 2024). Revenue: €5.85b (up 1.2% from FY 2024). Net income: €115.3m (up 55% from FY 2024). Profit margin: 2.0% (up from 1.3% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. New Risk • Mar 02
New major risk - Revenue and earnings growth Revenue has declined by 1.1% over the past year. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Revenue has declined by 1.1% over the past year. Minor Risks Latest financial reports are more than 6 months old (reported February 2024 fiscal period end). Profit margins are more than 30% lower than last year (1.3% net profit margin). New Risk • Dec 08
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended February 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported February 2024 fiscal period end). Profit margins are more than 30% lower than last year (1.3% net profit margin). Upcoming Dividend • Jun 28
Upcoming dividend of €0.90 per share Eligible shareholders must have bought the stock before 05 July 2024. Payment date: 09 July 2024. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.5%). New Risk • May 26
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.3% Last year net profit margin: 1.9% 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 (1.3% net profit margin). Reported Earnings • May 23
Full year 2024 earnings released: EPS: €7.83 (vs €3.40 in FY 2023) Full year 2024 results: EPS: €7.83 (up from €3.40 in FY 2023). Revenue: €6.16b (up 5.4% from FY 2023). Net income: €125.1m (up 16% from FY 2023). Profit margin: 2.0% (up from 1.9% in FY 2023). The increase in margin was driven by higher revenue. New Risk • Apr 14
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended August 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported August 2023 fiscal period end). 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 (0.9% net profit margin). Reported Earnings • Dec 22
Third quarter 2024 earnings released: EPS: €1.76 (vs €1.71 in 3Q 2023) Third quarter 2024 results: EPS: €1.76 (up from €1.71 in 3Q 2023). Revenue: €1.49b (down 4.0% from 3Q 2023). Net income: €28.0m (up 2.9% from 3Q 2023). Profit margin: 1.9% (up from 1.8% in 3Q 2023). The increase in margin was driven by lower expenses. New Risk • Nov 26
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended February 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported February 2023 fiscal period end). 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 (1.9% net profit margin). Upcoming Dividend • Jun 30
Upcoming dividend of €0.90 per share at 1.9% yield Eligible shareholders must have bought the stock before 07 July 2023. Payment date: 11 July 2023. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.7%). Buying Opportunity • Mar 17
Now 20% undervalued Over the last 90 days, the stock is up 2.4%. The fair value is estimated to be €68.96, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.4% over the last year. Earnings per share has grown by 23%. Reported Earnings • May 18
Full year 2022 earnings released: EPS: €5.94 (vs €4.82 in FY 2021) Full year 2022 results: EPS: €5.94 (up from €4.82 in FY 2021). Revenue: €5.50b (up 7.4% from FY 2021). Net income: €188.9m (up 23% from FY 2021). Profit margin: 3.4% (up from 3.0% in FY 2021). The increase in margin was driven by higher revenue.