How does HAG's PS Ratio compare to its peers?

HAG is expensive based on its Price-To-Sales Ratio (2x) compared to the peer average (1.4x).

How does HAG's PS Ratio compare vs other companies in the European Aerospace & Defense Industry?

HAG is expensive based on its Price-To-Sales Ratio (2x) compared to the European Aerospace & Defense industry average (1.5x).

What is HAG's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate HAG's Price-To-Sales Fair Ratio for valuation analysis.

What is the Fair Price of HAG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

HAG (€36.64) is trading below our estimate of [[fair value]] (€86.81)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is less than 20% higher than the current share price.

HAG Stock Overview

HENSOLDT AG, together with its subsidiaries, provides defense and security electronic sensor solutions worldwide. More details

HAG fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	5/6
Past Performance	2/6
Financial Health	4/6
Dividends	0/6

Rewards

Trading at 57.8% below our estimate of its fair value

Earnings are forecast to grow 39.4% per year

Risk Analysis

Interest payments are not well covered by earnings

Profit margins (0.5%) are lower than last year (4.4%)

Volatile share price over the past 3 months compared to the Austrian market

My Notes

Capture your thoughts, links and company narrative

Hensoldt AG Competitors

FACC

WBAG:FACC

€276.1m

Andritz

WBAG:ANDR

€5.2b

Strabag

WBAG:STR

€5.0b

Kratos Defense & Security Solutions

NasdaqGS:KTOS

US$5.1b

Price History & Performance

Summary of share price highs, lows and changes for Hensoldt
Historical stock prices
Current Share Price	€36.64
52 Week High	€38.14
52 Week Low	€27.82
Beta	0.60
1 Month Change	7.89%
3 Month Change	21.89%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	27.75%

Recent updates

Shareholder Returns

	HAG	AT Aerospace & Defense	AT Market
7D	-1.6%	2.4%	3.0%
1Y	n/a	25.0%	5.2%

Return vs Industry: Insufficient data to determine how HAG performed against the Austrian Aerospace & Defense industry.

Return vs Market: Insufficient data to determine how HAG performed against the Austrian Market.

Price Volatility

Is HAG's price volatile compared to industry and market?
HAG volatility
HAG Average Weekly Movement	4.8%
Aerospace & Defense Industry Average Movement	4.5%
Market Average Movement	3.9%
10% most volatile stocks in AT Market	6.2%
10% least volatile stocks in AT Market	2.1%

Stable Share Price: HAG's share price has been volatile over the past 3 months compared to the Austrian market.

Volatility Over Time: Insufficient data to determine HAG's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2020	6,907	Oliver Dorre	www.hensoldt.net

HENSOLDT AG, together with its subsidiaries, provides defense and security electronic sensor solutions worldwide. It offers air surveillance, airborne, ground based, security, naval and coastal, and space radars; identification friend or foe and secure data links; and commercial shipping solutions. The company also provides airborne, vehicle, surveillance, and maritime optronics; space optics; optronic sensor devices; and sights, scopes, and night-vision attachments.

Hensoldt AG Fundamentals Summary

How do Hensoldt's earnings and revenue compare to its market cap?
HAG fundamental statistics
Market cap	€4.23b
Earnings (TTM)	€10.00m
Revenue (TTM)	€2.09b

423.0x

P/E Ratio

2.0x

P/S Ratio

Is HAG overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HAG income statement (TTM)
Revenue	€2.09b
Cost of Revenue	€1.62b
Gross Profit	€465.00m
Other Expenses	€455.00m
Earnings	€10.00m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 27, 2025

Earnings per share (EPS)	0.087
Gross Margin	22.27%
Net Profit Margin	0.48%
Debt/Equity Ratio	150.6%

How did HAG perform over the long term?

See historical performance and comparison

Dividends

1.1%

Current Dividend Yield

469%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/17 23:56
End of Day Share Price	2025/01/17 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Hensoldt AG is covered by 15 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Tristan Sanson	BNP Paribas Exane
Carlos Iranzo Peris	BofA Global Research
Benjamin Heelan	BofA Global Research

Hensoldt WBAG:HAG Stock Report