View Future GrowthH&K 과거 순이익 실적과거 기준 점검 6/6H&K은 연평균 9.7%의 비율로 수입이 증가해 온 반면, Aerospace & Defense 산업은 수입이 12.6% 증가했습니다. 매출은 연평균 7.4%의 비율로 증가했습니다. H&K의 자기자본이익률은 28.3%이고 순이익률은 11.9%입니다.핵심 정보9.68%순이익 성장률3.88%주당순이익(EPS) 성장률Aerospace & Defense 산업 성장률6.10%매출 성장률7.35%자기자본이익률28.29%순이익률11.94%최근 순이익 업데이트31 Mar 2026최근 과거 실적 업데이트Reported Earnings • May 29First quarter 2026 earnings released: EPS: €0.57 (vs €0.16 in 1Q 2025)First quarter 2026 results: EPS: €0.57 (up from €0.16 in 1Q 2025). Revenue: €128.1m (up 57% from 1Q 2025). Net income: €20.1m (up 253% from 1Q 2025). Profit margin: 16% (up from 7.0% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings.Reported Earnings • Apr 16Full year 2025 earnings released: EPS: €1.07 (vs €0.76 in FY 2024)Full year 2025 results: EPS: €1.07 (up from €0.76 in FY 2024). Revenue: €393.0m (up 14% from FY 2024). Net income: €38.1m (up 41% from FY 2024). Profit margin: 9.7% (up from 7.9% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 27% per year and the company’s share price has also fallen by 27% per year.분석 기사 • Dec 06Shareholders Can Be Confident That H&K's (EPA:MLHK) Earnings Are High QualityH&K AG ( EPA:MLHK ) just reported healthy earnings but the stock price didn't move much. We think that investors have...Reported Earnings • Nov 29Third quarter 2025 earnings released: EPS: €0.35 (vs €0.12 in 3Q 2024)Third quarter 2025 results: EPS: €0.35 (up from €0.12 in 3Q 2024). Revenue: €99.6m (up 21% from 3Q 2024). Net income: €12.2m (up 198% from 3Q 2024). Profit margin: 12% (up from 5.0% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 28% per year whereas the company’s share price has fallen by 26% per year.Reported Earnings • Aug 28Second quarter 2025 earnings released: EPS: €0.17 (vs €0.30 in 2Q 2024)Second quarter 2025 results: EPS: €0.17 (down from €0.30 in 2Q 2024). Revenue: €97.9m (up 1.6% from 2Q 2024). Net income: €6.10m (down 42% from 2Q 2024). Profit margin: 6.2% (down from 11% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.분석 기사 • May 08Shareholders Will Be Pleased With The Quality of H&K's (EPA:MLHK) EarningsH&K AG's ( EPA:MLHK ) strong earnings report was rewarded with a positive stock price move. Our analysis found some...모든 업데이트 보기Recent updates공고 • Aug 01H&K AG Raises Earnings Guidance for the Full Year 2026H&K AG raised earnings guidance for the full year 2026. For the year, with regard to revenue and total operating performance, the Management Board now expects an improvement in the high double-digit million range compared with the previous year.Valuation Update With 7 Day Price Move • Jul 27Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €29.00, the stock trades at a trailing P/E ratio of 19.6x. Average trailing P/E is 31x in the Aerospace & Defense industry in France. Total loss to shareholders of 73% over the past three years.Valuation Update With 7 Day Price Move • Jul 10Investor sentiment improves as stock rises 30%After last week's 30% share price gain to €32.50, the stock trades at a trailing P/E ratio of 22x. Average trailing P/E is 29x in the Aerospace & Defense industry in France. Total loss to shareholders of 69% over the past three years.Upcoming Dividend • Jul 01Upcoming dividend of €0.06 per shareEligible shareholders must have bought the stock before 08 July 2026. Payment date: 16 July 2026. Payout ratio is a comfortable 4.0% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of French dividend payers (5.5%). Lower than average of industry peers (1.4%).Valuation Update With 7 Day Price Move • Jun 25Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €27.50, the stock trades at a trailing P/E ratio of 18.6x. Average trailing P/E is 29x in the Aerospace & Defense industry in France. Total loss to shareholders of 74% over the past three years.분석 기사 • Jun 18H&K (ENXTPA:MLHK) Stock Looks Cheap After Its €305 Million Loan ResetNew syndicated loan reshapes H&K stock’s financing backdrop H&K (ENXTPA:MLHK) has secured a new €305 million syndicated loan led by Commerzbank and UniCredit, replacing its previous financing structure and reshaping the context in which investors assess the stock. See our latest analysis for H&K. At a share price of €32.6, H&K has seen a 1 day share price return of 2.52%, but its share price is still down 25.91% year to date and the 1 year total shareholder return has declined 69.52%. This...Declared Dividend • May 31Dividend of €0.06 announcedDividend of €0.06 is the same as last year. Ex-date: 8th July 2026 Payment date: 16th July 2026 Dividend yield will be 0.2%, which is lower than the industry average of 1.2%. Payout Ratios Payout ratio: 6%. Cash payout ratio: 11%.Reported Earnings • May 29First quarter 2026 earnings released: EPS: €0.57 (vs €0.16 in 1Q 2025)First quarter 2026 results: EPS: €0.57 (up from €0.16 in 1Q 2025). Revenue: €128.1m (up 57% from 1Q 2025). Net income: €20.1m (up 253% from 1Q 2025). Profit margin: 16% (up from 7.0% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings.공고 • May 28H&K AG announces Annual dividend, payable on July 16, 2026H&K AG announced Annual dividend of EUR 0.0600 per share payable on July 16, 2026, ex-date on July 08, 2026 and record date on July 09, 2026.공고 • May 27H&K AG, Annual General Meeting, Jul 07, 2026H&K AG, Annual General Meeting, Jul 07, 2026, at 10:00 W. Europe Standard Time.Reported Earnings • Apr 16Full year 2025 earnings released: EPS: €1.07 (vs €0.76 in FY 2024)Full year 2025 results: EPS: €1.07 (up from €0.76 in FY 2024). Revenue: €393.0m (up 14% from FY 2024). Net income: €38.1m (up 41% from FY 2024). Profit margin: 9.7% (up from 7.9% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 27% per year and the company’s share price has also fallen by 27% per year.New Risk • Feb 16New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of French stocks, typically moving 11% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Feb 09Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €31.00, the stock trades at a trailing P/E ratio of 32.4x. Average trailing P/E is 37x in the Aerospace & Defense industry in France. Total loss to shareholders of 63% over the past three years.분석 기사 • Feb 06Some Confidence Is Lacking In H&K AG (EPA:MLHK) As Shares Slide 25%The H&K AG ( EPA:MLHK ) share price has fared very poorly over the last month, falling by a substantial 25%. The recent...분석 기사 • Jan 06H&K (EPA:MLHK) Has A Pretty Healthy Balance SheetDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...분석 기사 • Dec 06Shareholders Can Be Confident That H&K's (EPA:MLHK) Earnings Are High QualityH&K AG ( EPA:MLHK ) just reported healthy earnings but the stock price didn't move much. We think that investors have...Reported Earnings • Nov 29Third quarter 2025 earnings released: EPS: €0.35 (vs €0.12 in 3Q 2024)Third quarter 2025 results: EPS: €0.35 (up from €0.12 in 3Q 2024). Revenue: €99.6m (up 21% from 3Q 2024). Net income: €12.2m (up 198% from 3Q 2024). Profit margin: 12% (up from 5.0% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 28% per year whereas the company’s share price has fallen by 26% per year.분석 기사 • Oct 02H&K AG (EPA:MLHK) May Have Run Too Fast Too Soon With Recent 27% Price PlummetUnfortunately for some shareholders, the H&K AG ( EPA:MLHK ) share price has dived 27% in the last thirty days...Buy Or Sell Opportunity • Sep 30Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 55% to €49.00. The fair value is estimated to be €61.44, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Earnings per share has declined by 25%.분석 기사 • Sep 23A Look At The Fair Value Of H&K AG (EPA:MLHK)Key Insights Using the 2 Stage Free Cash Flow to Equity, H&K fair value estimate is €60.96 Current share price of...Buy Or Sell Opportunity • Sep 11Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 58% to €48.80. The fair value is estimated to be €61.47, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Earnings per share has declined by 25%.Valuation Update With 7 Day Price Move • Sep 11Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to €48.80, the stock trades at a trailing P/E ratio of 66.9x. Average trailing P/E is 32x in the Aerospace & Defense industry in France. Total loss to shareholders of 36% over the past three years.분석 기사 • Sep 05Does H&K (EPA:MLHK) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Reported Earnings • Aug 28Second quarter 2025 earnings released: EPS: €0.17 (vs €0.30 in 2Q 2024)Second quarter 2025 results: EPS: €0.17 (down from €0.30 in 2Q 2024). Revenue: €97.9m (up 1.6% from 2Q 2024). Net income: €6.10m (down 42% from 2Q 2024). Profit margin: 6.2% (down from 11% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Aug 22Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to €55.00, the stock trades at a trailing P/E ratio of 64.5x. Average trailing P/E is 34x in the Aerospace & Defense industry in France. Total loss to shareholders of 32% over the past three years.분석 기사 • Aug 18H&K's (EPA:MLHK) Returns On Capital Are Heading HigherENXTPA:MLHK 1 Year Share Price vs Fair Value Explore H&K's Fair Values from the Community and select yours Did you know...분석 기사 • Jul 27H&K AG (EPA:MLHK) May Have Run Too Fast Too Soon With Recent 29% Price PlummetUnfortunately for some shareholders, the H&K AG ( EPA:MLHK ) share price has dived 29% in the last thirty days...Buy Or Sell Opportunity • Jul 15Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 37% to €97.00. The fair value is estimated to be €124, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.7% over the last 3 years. Earnings per share has declined by 20%.공고 • Jul 11H&K AG announces Annual dividend, payable on July 18, 2025H&K AG announced Annual dividend of EUR 0.0600 per share payable on July 18, 2025, ex-date on July 10, 2025 and record date on July 11, 2025.Buy Or Sell Opportunity • Jun 30Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 39% to €97.00. The fair value is estimated to be €124, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.7% over the last 3 years. Earnings per share has declined by 20%.New Risk • Jun 13New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of French stocks, typically moving 10% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. This is currently the only risk that has been identified for the company.분석 기사 • May 26These 4 Measures Indicate That H&K (EPA:MLHK) Is Using Debt Reasonably WellSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...분석 기사 • May 08Shareholders Will Be Pleased With The Quality of H&K's (EPA:MLHK) EarningsH&K AG's ( EPA:MLHK ) strong earnings report was rewarded with a positive stock price move. Our analysis found some...분석 기사 • May 03A Look At The Fair Value Of H&K AG (EPA:MLHK)Key Insights The projected fair value for H&K is €169 based on 2 Stage Free Cash Flow to Equity With €160 share price...Reported Earnings • May 02Full year 2024 earnings released: EPS: €0.76 (vs €0.59 in FY 2023)Full year 2024 results: EPS: €0.76 (up from €0.59 in FY 2023). Revenue: €343.4m (up 14% from FY 2023). Net income: €27.0m (up 41% from FY 2023). Profit margin: 7.9% (up from 6.4% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.분석 기사 • Apr 14H&K's (EPA:MLHK) Returns On Capital Are Heading HigherThere are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'll want to see a...New Risk • Mar 20New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of French stocks, typically moving 7.5% 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 High level of debt (71% net debt to equity). Share price has been volatile over the past 3 months (7.5% average weekly change). Profit margins are more than 30% lower than last year (7.5% net profit margin).분석 기사 • Feb 25H&K AG's (EPA:MLHK) Shareholders Might Be Looking For ExitH&K AG's ( EPA:MLHK ) price-to-sales (or "P/S") ratio of 12.5x may look like a poor investment opportunity when you...분석 기사 • Feb 04These 4 Measures Indicate That H&K (EPA:MLHK) Is Using Debt Reasonably WellWarren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...분석 기사 • Dec 23H&K (EPA:MLHK) Might Have The Makings Of A Multi-BaggerIf you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and...Reported Earnings • Dec 01Third quarter 2024 earnings released: EPS: €0.12 (vs €0.07 in 3Q 2023)Third quarter 2024 results: EPS: €0.12 (up from €0.07 in 3Q 2023). Revenue: €82.2m (up 26% from 3Q 2023). Net income: €4.10m (up 64% from 3Q 2023). Profit margin: 5.0% (up from 3.8% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.분석 기사 • Nov 03These 4 Measures Indicate That H&K (EPA:MLHK) Is Using Debt ExtensivelyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...분석 기사 • Sep 21Some Shareholders Feeling Restless Over H&K AG's (EPA:MLHK) P/S RatioH&K AG's ( EPA:MLHK ) price-to-sales (or "P/S") ratio of 11.8x may look like a poor investment opportunity when you...Reported Earnings • Aug 29Second quarter 2024 earnings released: EPS: €0.30 (vs €0.044 loss in 2Q 2023)Second quarter 2024 results: EPS: €0.30 (up from €0.044 loss in 2Q 2023). Revenue: €96.4m (up 26% from 2Q 2023). Net income: €10.5m (up €12.4m from 2Q 2023). Profit margin: 11% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth.분석 기사 • Aug 29H&K (EPA:MLHK) Is Doing The Right Things To Multiply Its Share PriceWhat are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...공고 • Aug 21H&K AG, Annual General Meeting, Oct 01, 2024H&K AG, Annual General Meeting, Oct 01, 2024, at 10:00 W. Europe Standard Time.분석 기사 • Jul 18These 4 Measures Indicate That H&K (EPA:MLHK) Is Using Debt ExtensivelyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Reported Earnings • Jun 05First quarter 2024 earnings released: EPS: €0.068 (vs €0.36 in 1Q 2023)First quarter 2024 results: EPS: €0.068 (down from €0.36 in 1Q 2023). Revenue: €75.0m (up 2.5% from 1Q 2023). Net income: €2.40m (down 76% from 1Q 2023). Profit margin: 3.2% (down from 14% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.공고 • May 27H&K AG, Annual General Meeting, Jul 02, 2024H&K AG, Annual General Meeting, Jul 02, 2024, at 10:00 W. Europe Standard Time.분석 기사 • May 24H&K (EPA:MLHK) Might Have The Makings Of A Multi-BaggerTo find a multi-bagger stock, what are the underlying trends we should look for in a business? One common approach is...분석 기사 • May 03Weak Statutory Earnings May Not Tell The Whole Story For H&K (EPA:MLHK)The subdued market reaction suggests that H&K AG's ( EPA:MLHK ) recent earnings didn't contain any surprises. We think...Reported Earnings • Apr 28Full year 2023 earnings released: EPS: €0.54 (vs €1.83 in FY 2022)Full year 2023 results: EPS: €0.54 (down from €1.83 in FY 2022). Revenue: €301.4m (down 1.2% from FY 2022). Net income: €19.2m (down 62% from FY 2022). Profit margin: 6.4% (down from 17% in FY 2022). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.분석 기사 • Apr 11Unpleasant Surprises Could Be In Store For H&K AG's (EPA:MLHK) SharesWhen close to half the companies in the Aerospace & Defense industry in France have price-to-sales ratios (or "P/S...분석 기사 • Feb 23H&K (EPA:MLHK) Is Looking To Continue Growing Its Returns On CapitalDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want...분석 기사 • Dec 21These 4 Measures Indicate That H&K (EPA:MLHK) Is Using Debt ExtensivelySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...New Risk • Dec 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of French stocks, typically moving 6.9% 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: Major Risks Debt is not well covered by operating cash flow (14% operating cash flow to total debt). High level of non-cash earnings (27% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Shareholders have been diluted in the past year (28% increase in shares outstanding).Reported Earnings • Nov 30Third quarter 2023 earnings releasedThird quarter 2023 results: EPS: €0.071. Revenue: €65.5m (down 5.8% from 3Q 2022). Net income: €2.50m (down 81% from 3Q 2022). Profit margin: 3.8% (down from 19% in 3Q 2022). The decrease in margin was primarily driven by higher expenses.New Risk • Nov 30New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 14% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (14% operating cash flow to total debt). High level of non-cash earnings (27% accrual ratio). Minor Risk Shareholders have been diluted in the past year (28% increase in shares outstanding).분석 기사 • Oct 11Under The Bonnet, H&K's (EPA:MLHK) Returns Look ImpressiveThere are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a...분석 기사 • Sep 15These 4 Measures Indicate That H&K (EPA:MLHK) Is Using Debt Reasonably WellThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Reported Earnings • Sep 03Second quarter 2023 earnings released: €0.044 loss per share (vs €0.29 profit in 2Q 2022)Second quarter 2023 results: €0.044 loss per share (down from €0.29 profit in 2Q 2022). Revenue: €76.7m (down 2.4% from 2Q 2022). Net loss: €1.90m (down 124% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jun 16Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €113, the stock trades at a trailing P/E ratio of 76.3x. Average trailing P/E is 25x in the Aerospace & Defense industry in France. Total returns to shareholders of 61% over the past three years.Reported Earnings • Jun 02First quarter 2023 earnings released: EPS: €0.36 (vs €0.29 in 1Q 2022)First quarter 2023 results: EPS: €0.36 (up from €0.29 in 1Q 2022). Revenue: €73.2m (down 5.5% from 1Q 2022). Net income: €10.0m (up 24% from 1Q 2022). Profit margin: 14% (up from 11% in 1Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.공고 • May 11H&K AG has completed a Follow-on Equity Offering in the amount of €105.825227 million.H&K AG has completed a Follow-on Equity Offering in the amount of €105.825227 million. Security Name: Shares Security Type: Common Stock Securities Offered: 7,897,405 Price\Range: €13.4 Transaction Features: Rights Offering분석 기사 • Apr 15Investor Optimism Abounds H&K AG (EPA:MLHK) But Growth Is LackingH&K AG's ( EPA:MLHK ) price-to-earnings (or "P/E") ratio of 78.4x might make it look like a strong sell right now...분석 기사 • Feb 24H&K (EPA:MLHK) Knows How To Allocate CapitalIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...분석 기사 • Dec 15H&K (EPA:MLHK) Seems To Use Debt Quite SensiblyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...분석 기사 • Oct 07Returns At H&K (EPA:MLHK) Appear To Be Weighed DownWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...분석 기사 • Aug 15The Strong Earnings Posted By H&K (EPA:MLHK) Are A Good Indication Of The Strength Of The BusinessH&K AG ( EPA:MLHK ) just reported healthy earnings but the stock price didn't move much. Investors are probably missing...Buying Opportunity • Jul 27Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 33%. The fair value is estimated to be €131, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.5% over the last 3 years. Meanwhile, the company has become profitable.Buying Opportunity • Jul 07Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 38%. The fair value is estimated to be €128, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.5% over the last 3 years. Meanwhile, the company has become profitable.Reported Earnings • May 06Full year 2021 earnings released: EPS: €0.79 (vs €0.49 in FY 2020)Full year 2021 results: EPS: €0.79 (up from €0.49 in FY 2020). Revenue: €290.2m (up 5.5% from FY 2020). Net income: €21.8m (up 62% from FY 2020). Profit margin: 7.5% (up from 4.9% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.Buying Opportunity • Feb 22Now 24% undervalued after recent price dropOver the last 90 days, the stock is down 19%. The fair value is estimated to be €107, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.8% per annum over the last 3 years. The company has become profitable over the last 3 years.Buying Opportunity • Feb 07Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 3.6%. The fair value is estimated to be €102, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.8% per annum over the last 3 years. The company has become profitable over the last 3 years.Reported Earnings • Dec 01Third quarter 2021 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2021 results: EPS: €0.20 (up from €0.19 in 3Q 2020). Revenue: €66.5m (down 2.3% from 3Q 2020). Net income: €5.60m (up 3.7% from 3Q 2020). Profit margin: 8.4% (up from 7.9% in 3Q 2020). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.Reported Earnings • Sep 02Second quarter 2021 earnings released: EPS €0.30 (vs €0.13 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €80.1m (up 12% from 2Q 2020). Net income: €8.20m (up 149% from 2Q 2020). Profit margin: 10% (up from 4.6% in 2Q 2020). The increase in margin was driven by higher revenue.Reported Earnings • Jun 02First quarter 2021 earnings released: EPS €0.12 (vs €0.15 in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: €63.4m (down 6.2% from 1Q 2020). Net income: €3.30m (down 23% from 1Q 2020). Profit margin: 5.2% (down from 6.4% in 1Q 2020). The decrease in margin was driven by lower revenue. 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 26% per year, which means it is significantly lagging earnings.Reported Earnings • May 10Full year 2020 earnings released: EPS €0.49 (vs €0.058 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €275.0m (up 15% from FY 2019). Net income: €13.5m (up €11.9m from FY 2019). Profit margin: 4.9% (up from 0.7% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Feb 25New 90-day high: €94.00The company is up 44% from its price of €65.50 on 26 November 2020. The French market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Aerospace & Defense industry, which is up 2.0% over the same period.공고 • Dec 17C.G. Haenel and Heckler & Koch Patent Dispute over New Bundeswehr Assault Rifle Could Last YearsC.G. Haenel in Thuringia and Heckler & Koch dispute over the German Armed Forces' new assault rifle and the allegedly infringed patents between weapons manufacturers expected to drag on for some time. According to information from Meister Mandeltree Kommunikation, the first days of the trial will be announced on Jan. 11, 2021, by the presiding judge of the chamber of the Düsseldorf Regional Court. Currently, the lawyers are still exchanging pleadings. In the summer of 2021, things should really get going and the negotiations should begin. If one of the parties moves to the next instance, the dispute could possibly last for years. (Ref. LG Düsseldorf 4AO 68/20). Following a call for bids for a new assault rifle for the German Armed Forces, the previous regular supplier Heckler & Koch lost out to the much smaller weapons manufacturer C.G. Haenel from Thuringia. Heckler & Koch had successfully applied for a review of the decision, citing patent infringements. For both sides, it is not only the order volume of around 250 million euros that is at stake, but also a massive gain in prestige.Is New 90 Day High Low • Nov 12New 90-day high: €77.00The company is up 10.0% from its price of €70.00 on 14 August 2020. The French market is up 9.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Aerospace & Defense industry, which is up 14% over the same period.Reported Earnings • Nov 08Third quarter 2020 earnings released: EPS €0.19The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: €68.1m (up 16% from 3Q 2019). Net income: €5.40m (up €4.50m from 3Q 2019). Profit margin: 7.9% (up from 1.5% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 127% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Oct 15New 90-day low: €44.00The company is down 45% from its price of €80.00 on 14 July 2020. The French market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Aerospace & Defense industry, which is down 9.0% over the same period.Is New 90 Day High Low • Sep 28New 90-day low: €59.50The company is down 26% from its price of €80.00 on 26 June 2020. The French market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Aerospace & Defense industry, which is down 8.0% over the same period.공고 • Jul 19Compagnie de Développement de l'Eau S.A. (CDE) acquired an additional majority stake in H&K AG (ENXTPA:MLHK).Compagnie de Développement de l'Eau S.A. (CDE) agreed to acquire an additional majority stake in H&K AG (ENXTPA:MLHK) on July 15, 2020. Following the acquisition, CDE becomes a majority shareholder of H&K AG. The Federal Ministry for Economic Affairs and Energy (Bundesministerium für Wirtschaft und Energie; BMWi) has granted CDE the permit to acquire the majority stake in H&K AG. Compagnie de Développement de l'Eau S.A. (CDE) completed the acquisition of an additional majority stake in H&K AG (ENXTPA:MLHK) on July 17, 2020.매출 및 비용 세부 내역H&K가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이ENXTPA:MLHK 매출, 비용 및 순이익 (EUR Millions)날짜매출순이익일반관리비연구개발비31 Mar 2643952751331 Dec 2539338711230 Sep 2536934601230 Jun 2535126571131 Mar 2535030551031 Dec 243432755930 Sep 243402661730 Jun 243232460831 Mar 2430312581031 Dec 2330119561030 Sep 2329532471030 Jun 232994347931 Mar 233015348631 Dec 223055147730 Sep 2230634491030 Jun 2230326461131 Mar 2230427441031 Dec 212902243930 Sep 212771841730 Jun 212791743631 Mar 212711242631 Dec 202751342730 Sep 202611340630 Jun 20252936631 Mar 20249737631 Dec 19239237630 Sep 19243-335730 Jun 19238-538631 Mar 19233-738701 Jan 19221-838730 Sep 18211-1046630 Jun 18195-1747731 Mar 18179-1847631 Dec 17182-1346630 Sep 17193-445630 Jun 17203742731 Mar 17206942631 Dec 16202740630 Sep 162003639630 Jun 161832640431 Mar 161782340431 Dec 1517722414양질의 수익: MLHK는 고품질 수익을 보유하고 있습니다.이익 마진 증가: MLHK의 현재 순 이익률 (11.9%)은 지난해 (8.7%)보다 높습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: MLHK의 수익은 지난 5년 동안 연평균 9.7% 증가했습니다.성장 가속화: 지난 1년간 MLHK 의 수익 증가율(73.4%)은 연간 평균(9.7%)을 초과합니다.수익 대 산업: MLHK의 지난 1년 수익 증가율(73.4%)은 Aerospace & Defense 업계의 24.4%를 상회했습니다.자기자본이익률높은 ROE: MLHK의 자본 수익률(28.3%)은 높음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YCapital-goods 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/08/14 20:41종가2026/08/14 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스H&K AG는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
Reported Earnings • May 29First quarter 2026 earnings released: EPS: €0.57 (vs €0.16 in 1Q 2025)First quarter 2026 results: EPS: €0.57 (up from €0.16 in 1Q 2025). Revenue: €128.1m (up 57% from 1Q 2025). Net income: €20.1m (up 253% from 1Q 2025). Profit margin: 16% (up from 7.0% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Apr 16Full year 2025 earnings released: EPS: €1.07 (vs €0.76 in FY 2024)Full year 2025 results: EPS: €1.07 (up from €0.76 in FY 2024). Revenue: €393.0m (up 14% from FY 2024). Net income: €38.1m (up 41% from FY 2024). Profit margin: 9.7% (up from 7.9% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 27% per year and the company’s share price has also fallen by 27% per year.
분석 기사 • Dec 06Shareholders Can Be Confident That H&K's (EPA:MLHK) Earnings Are High QualityH&K AG ( EPA:MLHK ) just reported healthy earnings but the stock price didn't move much. We think that investors have...
Reported Earnings • Nov 29Third quarter 2025 earnings released: EPS: €0.35 (vs €0.12 in 3Q 2024)Third quarter 2025 results: EPS: €0.35 (up from €0.12 in 3Q 2024). Revenue: €99.6m (up 21% from 3Q 2024). Net income: €12.2m (up 198% from 3Q 2024). Profit margin: 12% (up from 5.0% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 28% per year whereas the company’s share price has fallen by 26% per year.
Reported Earnings • Aug 28Second quarter 2025 earnings released: EPS: €0.17 (vs €0.30 in 2Q 2024)Second quarter 2025 results: EPS: €0.17 (down from €0.30 in 2Q 2024). Revenue: €97.9m (up 1.6% from 2Q 2024). Net income: €6.10m (down 42% from 2Q 2024). Profit margin: 6.2% (down from 11% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.
분석 기사 • May 08Shareholders Will Be Pleased With The Quality of H&K's (EPA:MLHK) EarningsH&K AG's ( EPA:MLHK ) strong earnings report was rewarded with a positive stock price move. Our analysis found some...
공고 • Aug 01H&K AG Raises Earnings Guidance for the Full Year 2026H&K AG raised earnings guidance for the full year 2026. For the year, with regard to revenue and total operating performance, the Management Board now expects an improvement in the high double-digit million range compared with the previous year.
Valuation Update With 7 Day Price Move • Jul 27Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €29.00, the stock trades at a trailing P/E ratio of 19.6x. Average trailing P/E is 31x in the Aerospace & Defense industry in France. Total loss to shareholders of 73% over the past three years.
Valuation Update With 7 Day Price Move • Jul 10Investor sentiment improves as stock rises 30%After last week's 30% share price gain to €32.50, the stock trades at a trailing P/E ratio of 22x. Average trailing P/E is 29x in the Aerospace & Defense industry in France. Total loss to shareholders of 69% over the past three years.
Upcoming Dividend • Jul 01Upcoming dividend of €0.06 per shareEligible shareholders must have bought the stock before 08 July 2026. Payment date: 16 July 2026. Payout ratio is a comfortable 4.0% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of French dividend payers (5.5%). Lower than average of industry peers (1.4%).
Valuation Update With 7 Day Price Move • Jun 25Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €27.50, the stock trades at a trailing P/E ratio of 18.6x. Average trailing P/E is 29x in the Aerospace & Defense industry in France. Total loss to shareholders of 74% over the past three years.
분석 기사 • Jun 18H&K (ENXTPA:MLHK) Stock Looks Cheap After Its €305 Million Loan ResetNew syndicated loan reshapes H&K stock’s financing backdrop H&K (ENXTPA:MLHK) has secured a new €305 million syndicated loan led by Commerzbank and UniCredit, replacing its previous financing structure and reshaping the context in which investors assess the stock. See our latest analysis for H&K. At a share price of €32.6, H&K has seen a 1 day share price return of 2.52%, but its share price is still down 25.91% year to date and the 1 year total shareholder return has declined 69.52%. This...
Declared Dividend • May 31Dividend of €0.06 announcedDividend of €0.06 is the same as last year. Ex-date: 8th July 2026 Payment date: 16th July 2026 Dividend yield will be 0.2%, which is lower than the industry average of 1.2%. Payout Ratios Payout ratio: 6%. Cash payout ratio: 11%.
Reported Earnings • May 29First quarter 2026 earnings released: EPS: €0.57 (vs €0.16 in 1Q 2025)First quarter 2026 results: EPS: €0.57 (up from €0.16 in 1Q 2025). Revenue: €128.1m (up 57% from 1Q 2025). Net income: €20.1m (up 253% from 1Q 2025). Profit margin: 16% (up from 7.0% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings.
공고 • May 28H&K AG announces Annual dividend, payable on July 16, 2026H&K AG announced Annual dividend of EUR 0.0600 per share payable on July 16, 2026, ex-date on July 08, 2026 and record date on July 09, 2026.
공고 • May 27H&K AG, Annual General Meeting, Jul 07, 2026H&K AG, Annual General Meeting, Jul 07, 2026, at 10:00 W. Europe Standard Time.
Reported Earnings • Apr 16Full year 2025 earnings released: EPS: €1.07 (vs €0.76 in FY 2024)Full year 2025 results: EPS: €1.07 (up from €0.76 in FY 2024). Revenue: €393.0m (up 14% from FY 2024). Net income: €38.1m (up 41% from FY 2024). Profit margin: 9.7% (up from 7.9% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 27% per year and the company’s share price has also fallen by 27% per year.
New Risk • Feb 16New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of French stocks, typically moving 11% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Feb 09Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €31.00, the stock trades at a trailing P/E ratio of 32.4x. Average trailing P/E is 37x in the Aerospace & Defense industry in France. Total loss to shareholders of 63% over the past three years.
분석 기사 • Feb 06Some Confidence Is Lacking In H&K AG (EPA:MLHK) As Shares Slide 25%The H&K AG ( EPA:MLHK ) share price has fared very poorly over the last month, falling by a substantial 25%. The recent...
분석 기사 • Jan 06H&K (EPA:MLHK) Has A Pretty Healthy Balance SheetDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
분석 기사 • Dec 06Shareholders Can Be Confident That H&K's (EPA:MLHK) Earnings Are High QualityH&K AG ( EPA:MLHK ) just reported healthy earnings but the stock price didn't move much. We think that investors have...
Reported Earnings • Nov 29Third quarter 2025 earnings released: EPS: €0.35 (vs €0.12 in 3Q 2024)Third quarter 2025 results: EPS: €0.35 (up from €0.12 in 3Q 2024). Revenue: €99.6m (up 21% from 3Q 2024). Net income: €12.2m (up 198% from 3Q 2024). Profit margin: 12% (up from 5.0% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 28% per year whereas the company’s share price has fallen by 26% per year.
분석 기사 • Oct 02H&K AG (EPA:MLHK) May Have Run Too Fast Too Soon With Recent 27% Price PlummetUnfortunately for some shareholders, the H&K AG ( EPA:MLHK ) share price has dived 27% in the last thirty days...
Buy Or Sell Opportunity • Sep 30Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 55% to €49.00. The fair value is estimated to be €61.44, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Earnings per share has declined by 25%.
분석 기사 • Sep 23A Look At The Fair Value Of H&K AG (EPA:MLHK)Key Insights Using the 2 Stage Free Cash Flow to Equity, H&K fair value estimate is €60.96 Current share price of...
Buy Or Sell Opportunity • Sep 11Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 58% to €48.80. The fair value is estimated to be €61.47, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Earnings per share has declined by 25%.
Valuation Update With 7 Day Price Move • Sep 11Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to €48.80, the stock trades at a trailing P/E ratio of 66.9x. Average trailing P/E is 32x in the Aerospace & Defense industry in France. Total loss to shareholders of 36% over the past three years.
분석 기사 • Sep 05Does H&K (EPA:MLHK) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Reported Earnings • Aug 28Second quarter 2025 earnings released: EPS: €0.17 (vs €0.30 in 2Q 2024)Second quarter 2025 results: EPS: €0.17 (down from €0.30 in 2Q 2024). Revenue: €97.9m (up 1.6% from 2Q 2024). Net income: €6.10m (down 42% from 2Q 2024). Profit margin: 6.2% (down from 11% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Aug 22Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to €55.00, the stock trades at a trailing P/E ratio of 64.5x. Average trailing P/E is 34x in the Aerospace & Defense industry in France. Total loss to shareholders of 32% over the past three years.
분석 기사 • Aug 18H&K's (EPA:MLHK) Returns On Capital Are Heading HigherENXTPA:MLHK 1 Year Share Price vs Fair Value Explore H&K's Fair Values from the Community and select yours Did you know...
분석 기사 • Jul 27H&K AG (EPA:MLHK) May Have Run Too Fast Too Soon With Recent 29% Price PlummetUnfortunately for some shareholders, the H&K AG ( EPA:MLHK ) share price has dived 29% in the last thirty days...
Buy Or Sell Opportunity • Jul 15Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 37% to €97.00. The fair value is estimated to be €124, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.7% over the last 3 years. Earnings per share has declined by 20%.
공고 • Jul 11H&K AG announces Annual dividend, payable on July 18, 2025H&K AG announced Annual dividend of EUR 0.0600 per share payable on July 18, 2025, ex-date on July 10, 2025 and record date on July 11, 2025.
Buy Or Sell Opportunity • Jun 30Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 39% to €97.00. The fair value is estimated to be €124, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.7% over the last 3 years. Earnings per share has declined by 20%.
New Risk • Jun 13New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of French stocks, typically moving 10% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. This is currently the only risk that has been identified for the company.
분석 기사 • May 26These 4 Measures Indicate That H&K (EPA:MLHK) Is Using Debt Reasonably WellSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
분석 기사 • May 08Shareholders Will Be Pleased With The Quality of H&K's (EPA:MLHK) EarningsH&K AG's ( EPA:MLHK ) strong earnings report was rewarded with a positive stock price move. Our analysis found some...
분석 기사 • May 03A Look At The Fair Value Of H&K AG (EPA:MLHK)Key Insights The projected fair value for H&K is €169 based on 2 Stage Free Cash Flow to Equity With €160 share price...
Reported Earnings • May 02Full year 2024 earnings released: EPS: €0.76 (vs €0.59 in FY 2023)Full year 2024 results: EPS: €0.76 (up from €0.59 in FY 2023). Revenue: €343.4m (up 14% from FY 2023). Net income: €27.0m (up 41% from FY 2023). Profit margin: 7.9% (up from 6.4% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
분석 기사 • Apr 14H&K's (EPA:MLHK) Returns On Capital Are Heading HigherThere are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'll want to see a...
New Risk • Mar 20New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of French stocks, typically moving 7.5% 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 High level of debt (71% net debt to equity). Share price has been volatile over the past 3 months (7.5% average weekly change). Profit margins are more than 30% lower than last year (7.5% net profit margin).
분석 기사 • Feb 25H&K AG's (EPA:MLHK) Shareholders Might Be Looking For ExitH&K AG's ( EPA:MLHK ) price-to-sales (or "P/S") ratio of 12.5x may look like a poor investment opportunity when you...
분석 기사 • Feb 04These 4 Measures Indicate That H&K (EPA:MLHK) Is Using Debt Reasonably WellWarren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
분석 기사 • Dec 23H&K (EPA:MLHK) Might Have The Makings Of A Multi-BaggerIf you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and...
Reported Earnings • Dec 01Third quarter 2024 earnings released: EPS: €0.12 (vs €0.07 in 3Q 2023)Third quarter 2024 results: EPS: €0.12 (up from €0.07 in 3Q 2023). Revenue: €82.2m (up 26% from 3Q 2023). Net income: €4.10m (up 64% from 3Q 2023). Profit margin: 5.0% (up from 3.8% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
분석 기사 • Nov 03These 4 Measures Indicate That H&K (EPA:MLHK) Is Using Debt ExtensivelyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
분석 기사 • Sep 21Some Shareholders Feeling Restless Over H&K AG's (EPA:MLHK) P/S RatioH&K AG's ( EPA:MLHK ) price-to-sales (or "P/S") ratio of 11.8x may look like a poor investment opportunity when you...
Reported Earnings • Aug 29Second quarter 2024 earnings released: EPS: €0.30 (vs €0.044 loss in 2Q 2023)Second quarter 2024 results: EPS: €0.30 (up from €0.044 loss in 2Q 2023). Revenue: €96.4m (up 26% from 2Q 2023). Net income: €10.5m (up €12.4m from 2Q 2023). Profit margin: 11% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth.
분석 기사 • Aug 29H&K (EPA:MLHK) Is Doing The Right Things To Multiply Its Share PriceWhat are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...
공고 • Aug 21H&K AG, Annual General Meeting, Oct 01, 2024H&K AG, Annual General Meeting, Oct 01, 2024, at 10:00 W. Europe Standard Time.
분석 기사 • Jul 18These 4 Measures Indicate That H&K (EPA:MLHK) Is Using Debt ExtensivelyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Reported Earnings • Jun 05First quarter 2024 earnings released: EPS: €0.068 (vs €0.36 in 1Q 2023)First quarter 2024 results: EPS: €0.068 (down from €0.36 in 1Q 2023). Revenue: €75.0m (up 2.5% from 1Q 2023). Net income: €2.40m (down 76% from 1Q 2023). Profit margin: 3.2% (down from 14% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
공고 • May 27H&K AG, Annual General Meeting, Jul 02, 2024H&K AG, Annual General Meeting, Jul 02, 2024, at 10:00 W. Europe Standard Time.
분석 기사 • May 24H&K (EPA:MLHK) Might Have The Makings Of A Multi-BaggerTo find a multi-bagger stock, what are the underlying trends we should look for in a business? One common approach is...
분석 기사 • May 03Weak Statutory Earnings May Not Tell The Whole Story For H&K (EPA:MLHK)The subdued market reaction suggests that H&K AG's ( EPA:MLHK ) recent earnings didn't contain any surprises. We think...
Reported Earnings • Apr 28Full year 2023 earnings released: EPS: €0.54 (vs €1.83 in FY 2022)Full year 2023 results: EPS: €0.54 (down from €1.83 in FY 2022). Revenue: €301.4m (down 1.2% from FY 2022). Net income: €19.2m (down 62% from FY 2022). Profit margin: 6.4% (down from 17% in FY 2022). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
분석 기사 • Apr 11Unpleasant Surprises Could Be In Store For H&K AG's (EPA:MLHK) SharesWhen close to half the companies in the Aerospace & Defense industry in France have price-to-sales ratios (or "P/S...
분석 기사 • Feb 23H&K (EPA:MLHK) Is Looking To Continue Growing Its Returns On CapitalDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want...
분석 기사 • Dec 21These 4 Measures Indicate That H&K (EPA:MLHK) Is Using Debt ExtensivelySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
New Risk • Dec 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of French stocks, typically moving 6.9% 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: Major Risks Debt is not well covered by operating cash flow (14% operating cash flow to total debt). High level of non-cash earnings (27% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Shareholders have been diluted in the past year (28% increase in shares outstanding).
Reported Earnings • Nov 30Third quarter 2023 earnings releasedThird quarter 2023 results: EPS: €0.071. Revenue: €65.5m (down 5.8% from 3Q 2022). Net income: €2.50m (down 81% from 3Q 2022). Profit margin: 3.8% (down from 19% in 3Q 2022). The decrease in margin was primarily driven by higher expenses.
New Risk • Nov 30New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 14% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (14% operating cash flow to total debt). High level of non-cash earnings (27% accrual ratio). Minor Risk Shareholders have been diluted in the past year (28% increase in shares outstanding).
분석 기사 • Oct 11Under The Bonnet, H&K's (EPA:MLHK) Returns Look ImpressiveThere are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a...
분석 기사 • Sep 15These 4 Measures Indicate That H&K (EPA:MLHK) Is Using Debt Reasonably WellThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Reported Earnings • Sep 03Second quarter 2023 earnings released: €0.044 loss per share (vs €0.29 profit in 2Q 2022)Second quarter 2023 results: €0.044 loss per share (down from €0.29 profit in 2Q 2022). Revenue: €76.7m (down 2.4% from 2Q 2022). Net loss: €1.90m (down 124% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jun 16Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €113, the stock trades at a trailing P/E ratio of 76.3x. Average trailing P/E is 25x in the Aerospace & Defense industry in France. Total returns to shareholders of 61% over the past three years.
Reported Earnings • Jun 02First quarter 2023 earnings released: EPS: €0.36 (vs €0.29 in 1Q 2022)First quarter 2023 results: EPS: €0.36 (up from €0.29 in 1Q 2022). Revenue: €73.2m (down 5.5% from 1Q 2022). Net income: €10.0m (up 24% from 1Q 2022). Profit margin: 14% (up from 11% in 1Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
공고 • May 11H&K AG has completed a Follow-on Equity Offering in the amount of €105.825227 million.H&K AG has completed a Follow-on Equity Offering in the amount of €105.825227 million. Security Name: Shares Security Type: Common Stock Securities Offered: 7,897,405 Price\Range: €13.4 Transaction Features: Rights Offering
분석 기사 • Apr 15Investor Optimism Abounds H&K AG (EPA:MLHK) But Growth Is LackingH&K AG's ( EPA:MLHK ) price-to-earnings (or "P/E") ratio of 78.4x might make it look like a strong sell right now...
분석 기사 • Feb 24H&K (EPA:MLHK) Knows How To Allocate CapitalIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
분석 기사 • Dec 15H&K (EPA:MLHK) Seems To Use Debt Quite SensiblyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
분석 기사 • Oct 07Returns At H&K (EPA:MLHK) Appear To Be Weighed DownWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...
분석 기사 • Aug 15The Strong Earnings Posted By H&K (EPA:MLHK) Are A Good Indication Of The Strength Of The BusinessH&K AG ( EPA:MLHK ) just reported healthy earnings but the stock price didn't move much. Investors are probably missing...
Buying Opportunity • Jul 27Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 33%. The fair value is estimated to be €131, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.5% over the last 3 years. Meanwhile, the company has become profitable.
Buying Opportunity • Jul 07Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 38%. The fair value is estimated to be €128, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.5% over the last 3 years. Meanwhile, the company has become profitable.
Reported Earnings • May 06Full year 2021 earnings released: EPS: €0.79 (vs €0.49 in FY 2020)Full year 2021 results: EPS: €0.79 (up from €0.49 in FY 2020). Revenue: €290.2m (up 5.5% from FY 2020). Net income: €21.8m (up 62% from FY 2020). Profit margin: 7.5% (up from 4.9% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
Buying Opportunity • Feb 22Now 24% undervalued after recent price dropOver the last 90 days, the stock is down 19%. The fair value is estimated to be €107, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.8% per annum over the last 3 years. The company has become profitable over the last 3 years.
Buying Opportunity • Feb 07Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 3.6%. The fair value is estimated to be €102, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.8% per annum over the last 3 years. The company has become profitable over the last 3 years.
Reported Earnings • Dec 01Third quarter 2021 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2021 results: EPS: €0.20 (up from €0.19 in 3Q 2020). Revenue: €66.5m (down 2.3% from 3Q 2020). Net income: €5.60m (up 3.7% from 3Q 2020). Profit margin: 8.4% (up from 7.9% in 3Q 2020). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
Reported Earnings • Sep 02Second quarter 2021 earnings released: EPS €0.30 (vs €0.13 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €80.1m (up 12% from 2Q 2020). Net income: €8.20m (up 149% from 2Q 2020). Profit margin: 10% (up from 4.6% in 2Q 2020). The increase in margin was driven by higher revenue.
Reported Earnings • Jun 02First quarter 2021 earnings released: EPS €0.12 (vs €0.15 in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: €63.4m (down 6.2% from 1Q 2020). Net income: €3.30m (down 23% from 1Q 2020). Profit margin: 5.2% (down from 6.4% in 1Q 2020). The decrease in margin was driven by lower revenue. 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 26% per year, which means it is significantly lagging earnings.
Reported Earnings • May 10Full year 2020 earnings released: EPS €0.49 (vs €0.058 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €275.0m (up 15% from FY 2019). Net income: €13.5m (up €11.9m from FY 2019). Profit margin: 4.9% (up from 0.7% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Feb 25New 90-day high: €94.00The company is up 44% from its price of €65.50 on 26 November 2020. The French market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Aerospace & Defense industry, which is up 2.0% over the same period.
공고 • Dec 17C.G. Haenel and Heckler & Koch Patent Dispute over New Bundeswehr Assault Rifle Could Last YearsC.G. Haenel in Thuringia and Heckler & Koch dispute over the German Armed Forces' new assault rifle and the allegedly infringed patents between weapons manufacturers expected to drag on for some time. According to information from Meister Mandeltree Kommunikation, the first days of the trial will be announced on Jan. 11, 2021, by the presiding judge of the chamber of the Düsseldorf Regional Court. Currently, the lawyers are still exchanging pleadings. In the summer of 2021, things should really get going and the negotiations should begin. If one of the parties moves to the next instance, the dispute could possibly last for years. (Ref. LG Düsseldorf 4AO 68/20). Following a call for bids for a new assault rifle for the German Armed Forces, the previous regular supplier Heckler & Koch lost out to the much smaller weapons manufacturer C.G. Haenel from Thuringia. Heckler & Koch had successfully applied for a review of the decision, citing patent infringements. For both sides, it is not only the order volume of around 250 million euros that is at stake, but also a massive gain in prestige.
Is New 90 Day High Low • Nov 12New 90-day high: €77.00The company is up 10.0% from its price of €70.00 on 14 August 2020. The French market is up 9.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Aerospace & Defense industry, which is up 14% over the same period.
Reported Earnings • Nov 08Third quarter 2020 earnings released: EPS €0.19The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: €68.1m (up 16% from 3Q 2019). Net income: €5.40m (up €4.50m from 3Q 2019). Profit margin: 7.9% (up from 1.5% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 127% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Oct 15New 90-day low: €44.00The company is down 45% from its price of €80.00 on 14 July 2020. The French market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Aerospace & Defense industry, which is down 9.0% over the same period.
Is New 90 Day High Low • Sep 28New 90-day low: €59.50The company is down 26% from its price of €80.00 on 26 June 2020. The French market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Aerospace & Defense industry, which is down 8.0% over the same period.
공고 • Jul 19Compagnie de Développement de l'Eau S.A. (CDE) acquired an additional majority stake in H&K AG (ENXTPA:MLHK).Compagnie de Développement de l'Eau S.A. (CDE) agreed to acquire an additional majority stake in H&K AG (ENXTPA:MLHK) on July 15, 2020. Following the acquisition, CDE becomes a majority shareholder of H&K AG. The Federal Ministry for Economic Affairs and Energy (Bundesministerium für Wirtschaft und Energie; BMWi) has granted CDE the permit to acquire the majority stake in H&K AG. Compagnie de Développement de l'Eau S.A. (CDE) completed the acquisition of an additional majority stake in H&K AG (ENXTPA:MLHK) on July 17, 2020.