HGEA Stock Overview
hGears AG develops, manufactures, and supplies precision components and sub-systems, and system solutions worldwide.
Price History & Performance
|Historical stock prices|
|Current Share Price||€14.25|
|52 Week High||€27.50|
|52 Week Low||€14.05|
|1 Month Change||-19.26%|
|3 Month Change||-32.78%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-47.03%|
Recent News & Updates
hGears AG Just Missed Earnings - But Analysts Have Updated Their Models
There's been a notable change in appetite for hGears AG ( FRA:HGEA ) shares in the week since its annual report, with...
|HGEA||DE Auto Components||DE Market|
Return vs Industry: Insufficient data to determine how HGEA performed against the German Auto Components industry.
Return vs Market: Insufficient data to determine how HGEA performed against the German Market.
|HGEA Average Weekly Movement||6.7%|
|Auto Components Industry Average Movement||7.9%|
|Market Average Movement||6.4%|
|10% most volatile stocks in DE Market||10.7%|
|10% least volatile stocks in DE Market||3.5%|
Stable Share Price: HGEA is not significantly more volatile than the rest of German stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: HGEA's weekly volatility (7%) has been stable over the past year.
About the Company
hGears AG develops, manufactures, and supplies precision components and sub-systems, and system solutions worldwide. The company offers gears, sprockets, shafts, structural components, complete gearboxes, and other components. Its products are used in e-bikes, and electric and hybrid vehicles, as well as e-drive power and gardening tools.
hGears Fundamentals Summary
|HGEA fundamental statistics|
Is HGEA overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|HGEA income statement (TTM)|
|Cost of Revenue||€64.13m|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||0.23|
|Net Profit Margin||1.74%|
How did HGEA perform over the long term?See historical performance and comparison
Is hGears undervalued compared to its fair value and its price relative to the market?
Valuation Score 2/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: HGEA (€14.25) is trading below our estimate of fair value (€224.71)
Significantly Below Fair Value: HGEA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HGEA is poor value based on its PE Ratio (63x) compared to the German Auto Components industry average (11x).
PE vs Market: HGEA is poor value based on its PE Ratio (63x) compared to the German market (17.3x).
Price to Earnings Growth Ratio
PEG Ratio: HGEA is poor value based on its PEG Ratio (1.4x)
Price to Book Ratio
PB vs Industry: HGEA is overvalued based on its PB Ratio (1.7x) compared to the DE Auto Components industry average (1x).
How is hGears forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Future Growth Score4/6
Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HGEA's forecast earnings growth (43.6% per year) is above the savings rate (-0.05%).
Earnings vs Market: HGEA's earnings (43.6% per year) are forecast to grow faster than the German market (7.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: HGEA's revenue (13.4% per year) is forecast to grow faster than the German market (4.9% per year).
High Growth Revenue: HGEA's revenue (13.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HGEA's Return on Equity is forecast to be low in 3 years time (15%).
How has hGears performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HGEA has high quality earnings.
Growing Profit Margin: HGEA's current net profit margins (1.7%) are lower than last year (5.3%).
Past Earnings Growth Analysis
Earnings Trend: HGEA's earnings have grown significantly by 36.4% per year over the past 5 years.
Accelerating Growth: HGEA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: HGEA had negative earnings growth (-65%) over the past year, making it difficult to compare to the Auto Components industry average (38%).
Return on Equity
High ROE: HGEA's Return on Equity (2.7%) is considered low.
How is hGears's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: HGEA's short term assets (€81.2M) exceed its short term liabilities (€39.4M).
Long Term Liabilities: HGEA's short term assets (€81.2M) exceed its long term liabilities (€28.3M).
Debt to Equity History and Analysis
Debt Level: HGEA has more cash than its total debt.
Reducing Debt: Insufficient data to determine if HGEA's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: HGEA's debt is well covered by operating cash flow (47.4%).
Interest Coverage: HGEA's interest payments on its debt are not well covered by EBIT (2.4x coverage).
What is hGears's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate HGEA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate HGEA'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 HGEA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if HGEA's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as HGEA has not reported any payouts.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Pierluca Sartorello (65 yo)
Mr. Pierluca Sartorello, Dipl. Volkswirt (graduate economist), is Chairman of the Management Board at hGears AG since April 8, 2021 and serves as its Managing Director and Chief Executive Officer. He compl...
Experienced Board: HGEA's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.
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.
Dilution of Shares: HGEA only recently listed within the past 12 months.
hGears AG's employee growth, exchange listings and data sources
- Name: hGears AG
- Ticker: HGEA
- Exchange: DB
- Founded: 1958
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Implied Market Cap: €148.200m
- Shares outstanding: 10.40m
- Website: https://www.hgears.com
Number of Employees
- hGears AG
- Brambach 38
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/15 00:00|
|End of Day Share Price||2022/05/13 00:00|
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.