SWX:HLE

Stock Analysis Report

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Executive Summary

As of June 26, 2020, operates as a subsidiary of Hella Stiftung GmbH. More Details


Snowflake Analysis

Reasonable growth potential with mediocre balance sheet.


Similar Companies

Share Price & News

How has HELLA GmbH KGaA's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: HLE has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

HLE

5.4%

CH Auto Components

0.07%

CH Market


1 Year Return

-22.6%

HLE

-19.3%

CH Auto Components

2.2%

CH Market

Return vs Industry: HLE matched the Swiss Auto Components industry which returned -22% over the past year.

Return vs Market: HLE underperformed the Swiss Market which returned 1.4% over the past year.


Shareholder returns

HLEIndustryMarket
7 Day0%5.4%0.07%
30 Day0%1.6%1.2%
90 Day0%5.6%3.4%
1 Year-22.6%-22.6%-17.7%-19.3%5.7%2.2%
3 Year-24.2%-31.0%-40.5%-45.4%19.5%5.1%
5 Yearn/a-19.5%-28.7%39.3%16.0%

Price Volatility Vs. Market

How volatile is HELLA GmbH KGaA's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is HELLA GmbH KGaA undervalued compared to its fair value and its price relative to the market?

2.37x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: HLE (CHF40) is trading above our estimate of fair value (CHF36.23)

Significantly Below Fair Value: HLE is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: HLE is unprofitable, so we can't compare its PE Ratio to the XE Auto Components industry average.

PE vs Market: HLE is unprofitable, so we can't compare its PE Ratio to the Swiss market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate HLE's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: HLE is overvalued based on its PB Ratio (2.4x) compared to the XE Auto Components industry average (1.1x).


Next Steps

Future Growth

How is HELLA GmbH KGaA forecast to perform in the next 1 to 3 years based on estimates from 18 analysts?

47.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HLE is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (-0.2%).

Earnings vs Market: HLE is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: HLE's is expected to become profitable in the next 3 years.

Revenue vs Market: HLE's revenue (7.6% per year) is forecast to grow faster than the Swiss market (4.5% per year).

High Growth Revenue: HLE's revenue (7.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: HLE's Return on Equity is forecast to be low in 3 years time (12.8%).


Next Steps

Past Performance

How has HELLA GmbH KGaA performed over the past 5 years?

-10.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HLE is currently unprofitable.

Growing Profit Margin: HLE is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: HLE is unprofitable, and losses have increased over the past 5 years at a rate of 10.6% per year.

Accelerating Growth: Unable to compare HLE's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: HLE is unprofitable, making it difficult to compare its past year earnings growth to the Auto Components industry (-45.5%).


Return on Equity

High ROE: HLE has a negative Return on Equity (-30.03%), as it is currently unprofitable.


Next Steps

Financial Health

How is HELLA GmbH KGaA's financial position?


Financial Position Analysis

Short Term Liabilities: HLE's short term assets (€3.3B) exceed its short term liabilities (€1.7B).

Long Term Liabilities: HLE's short term assets (€3.3B) exceed its long term liabilities (€1.9B).


Debt to Equity History and Analysis

Debt Level: HLE's debt to equity ratio (81.1%) is considered high.

Reducing Debt: HLE's debt to equity ratio has increased from 58.1% to 81.1% over the past 5 years.

Debt Coverage: HLE's debt is well covered by operating cash flow (20.4%).

Interest Coverage: HLE is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is HELLA GmbH KGaA current dividend yield, its reliability and sustainability?

1.81%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate HLE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate HLE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if HLE's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if HLE's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: HLE is not paying a notable dividend for the Swiss market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of HLE's dividend in 3 years as they are not forecast to pay a notable one for the Swiss market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.1yrs

Average management tenure


CEO

Rolf Breidenbach (57 yo)

2.67yrs

Tenure

€4,196,000

Compensation

Dr. Rolf Breidenbach has been Member of the Supervisory Board at Dürr Aktiengesellschaft since March 2019. He has been the Chief Executive Officer and President at Hella Kgaa Hueck & Co. of Hella Aglaia Mo ...


CEO Compensation Analysis

Compensation vs Market: Rolf's total compensation ($USD4.89M) is above average for companies of similar size in the Swiss market ($USD2.29M).

Compensation vs Earnings: Insufficient data to compare Rolf's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Rolf Breidenbach
Chairman of Management Board2.67yrs€4.20mno data
Ulric Schaferbarthold
MD of Finance & Controlling and Member of Management Board - Hella Geschäftsführungsgesellschaft mbH3.83yrs€2.84mno data
Frank Huber
MD of Automotive Lighting & Member of Management Board - Hella Geschäftsführungsgesellschaft mbH2.42yrs€1.16mno data
Bjorn Twiehaus
Deputy MD of the Automotive Electronics Division & Member of Management Board0.42yr€457.00kno data
Michaela Bittner
Secretary & Member of Supervisory Board10.92yrs€40.25kno data
Marco Dobrich
Head of Sensors & the Technical Centreno datano datano data
Carsten Roch
Head of Assisted & Automated Drivingno datano datano data
Michaela Schafer
Head of Global Purchasing and CEO of Office & Projects5.33yrsno datano data
Jörg Weisgerber
Chief Executive Officer of Hella Electronics for North and South America3.5yrsno datano data

3.1yrs

Average Tenure

50yo

Average Age

Experienced Management: HLE's management team is considered experienced (3.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Michaela Bittner
Secretary & Member of Supervisory Board10.92yrs€40.25kno data
Klaus Kühn
Independent Chairman of Supervisory Board1yr€223.55kno data
Dietrich Hueck
Member of Supervisory Board1yr€33.80kno data
Stephanie Hueck
Independent Member of Supervisory Board6yrs€40.25kno data
Christoph Thomas
Independent Member of Supervisory Board6yrs€40.25k0.98%
€ 49.8m
Claudia Owen
Independent Member of Supervisory Board4yrs€40.25kno data
Manfred Menningen
Member of Supervisory Board10.92yrs€58.25kno data
Heinrich-Georg Bölter
Vice-Chairman of the Supervisory Board1yr€60.40kno data
Susanna Hülsbömer
Member of Supervisory Board10.92yrs€40.25kno data
Christoph Rudiger
Member of Supervisory Board1.92yrs€40.25kno data
Franz-Josef Schütte
Member of Supervisory Board1yr€33.80kno data
Britta Peter
Member of Supervisory Board1yr€33.80kno data

3.0yrs

Average Tenure

Experienced Board: HLE's board of directors are not considered experienced ( 3 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

HELLA GmbH & Co. KGaA's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: HELLA GmbH & Co. KGaA
  • Ticker: HLE
  • Exchange: SWX
  • Founded: 1899
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Market Cap: €4.711b
  • Listing Market Cap: €5.084b
  • Shares outstanding: 111.11m
  • Website: https://www.hella.com

Number of Employees


Location

  • HELLA GmbH & Co. KGaA
  • Rixbecker Strasse 75
  • Lippstadt
  • North Rhine-Westphalia
  • 59552
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HLEDB (Deutsche Boerse AG)YesLimited Partner SharesDEEURNov 2014
HLESWX (SIX Swiss Exchange)YesLimited Partner SharesCHCHFNov 2014
HLEXTRA (XETRA Trading Platform)YesLimited Partner SharesDEEURNov 2014
HLEdBATS-CHIXE (BATS 'Chi-X Europe')YesLimited Partner SharesGBEURNov 2014
111856940BDL (Bourse de Luxembourg)YesLimited Partner SharesLUEURNov 2014
0R3ULSE (London Stock Exchange)YesLimited Partner SharesGBEURNov 2014
HLEWBAG (Wiener Boerse AG)YesLimited Partner SharesATEURNov 2014
HLKH.FOTCPK (Pink Sheets LLC)YesLimited Partner SharesUSUSDNov 2014
HLE NBMV (Bolsa Mexicana de Valores)YesLimited Partner SharesMXMXNNov 2014
HLLG.YOTCPK (Pink Sheets LLC)UNSP ADR EACH REPR 0.50 ORD SHSUSUSDMay 2016
HLEABST (Boerse-Stuttgart)UNSP ADR EACH REPR 0.50 ORD SHSDEEURMay 2016

Biography

As of June 26, 2020, operates as a subsidiary of Hella Stiftung GmbH.


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/28 22:15
End of Day Share Price2020/09/28 00:00
Earnings2020/08/31
Annual Earnings2020/05/31


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.