HOCHTIEF (HOT) Stock Overview
Engages in the construction business worldwide. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 4/6 |
| Past Performance | 1/6 |
| Financial Health | 4/6 |
| Dividends | 3/6 |
HOT Community Fair Values
Create NarrativeSee what 35 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Top Community Narratives
€243.36
FV
103.8% overvalued intrinsic discount9.00%
Revenue growth p.a.
48
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HOCHTIEF Aktiengesellschaft Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €496.00 |
| 52 Week High | €554.00 |
| 52 Week Low | €152.00 |
| Beta | 0.82 |
| 1 Month Change | -9.65% |
| 3 Month Change | 29.64% |
| 1 Year Change | 202.25% |
| 3 Year Change | 504.14% |
| 5 Year Change | 639.86% |
| Change since IPO | 1,098.36% |
Recent News & Updates
Narrative Update • Jun 03
HOT: Dividend Visibility And Data Center Demand Will Shape Future Share Returns
Analysts have raised their price target on HOCHTIEF from about €367.77 to about €441.27, citing refreshed views in recent research that reflect a more positive stance on the stock. What's in the News HOCHTIEF Aktiengesellschaft announced an annual dividend of €6.60 per share.Analysis Article • May 15
€414 - That's What Analysts Think HOCHTIEF Aktiengesellschaft (ETR:HOT) Is Worth After These Results
Last week, you might have seen that HOCHTIEF Aktiengesellschaft ( ETR:HOT ) released its first-quarter result to the...Recent updates
Narrative Update • Jun 03
HOT: Dividend Visibility And Data Center Demand Will Shape Future Share Returns
Analysts have raised their price target on HOCHTIEF from about €367.77 to about €441.27, citing refreshed views in recent research that reflect a more positive stance on the stock. What's in the News HOCHTIEF Aktiengesellschaft announced an annual dividend of €6.60 per share.Analysis Article • May 15
€414 - That's What Analysts Think HOCHTIEF Aktiengesellschaft (ETR:HOT) Is Worth After These Results
Last week, you might have seen that HOCHTIEF Aktiengesellschaft ( ETR:HOT ) released its first-quarter result to the...Narrative Update • Apr 25
HOT: Data Center Capex Tailwind Will Eventually Strain Future Share Returns
Analysts have raised their price target on HOCHTIEF to €371 from €163, citing continued strength in hyperscaler capital spending and the group's role via Turner in the U.S. as a key contractor in data center construction, while also noting that the recent share price move already reflects much of this optimism. Analyst Commentary Recent Street research highlights a sharp reset in expectations around HOCHTIEF, with the new €371 price target framing both the upside linked to data center exposure and the risks tied to how much optimism is already in the share price.Narrative Update • Apr 07
HOT: Data Center Capex Tailwind Will Eventually Constrain Future Share Returns
Analysts have lifted their price target on HOCHTIEF to €371, with the updated view supported by expectations that the company’s role in data center construction through its U.S. subsidiary Turner positions it to benefit from strong hyperscaler capex. Analyst Commentary Recent research reflects a mixed stance on HOCHTIEF, with a sharply higher price target paired with a Hold rating.Narrative Update • Mar 23
HOT: Data Center Demand Will Support Future Returns While Limiting Upside Potential
Narrative Update on HOCHTIEF Analysts have lifted their average price target for HOCHTIEF from about €338 to roughly €368, citing stronger expected data center related demand via its U.S. subsidiary and a higher assumed future P/E of around 24x. They are maintaining a more cautious stance following the share price move since June 2024.Narrative Update • Mar 08
HOT: Data Center Euphoria Will Likely Restrain Future Share Price Returns
Narrative Update Analysts have lifted their price target on HOCHTIEF to about €338 from roughly €320, citing updated assumptions on data center exposure, slightly higher revenue growth and profit margins, and a modestly lower discount rate. They also point to a higher Street target of €371 that reflects the company’s role in U.S. data center construction through Turner.Narrative Update • Feb 21
HOT: Hyperscaler Data Center Exposure Will Likely Cap Future Share Price Upside
Narrative Update on HOCHTIEF The analyst price target for HOCHTIEF has moved from €295.30 to €320.19. Analysts cite higher expected hyperscaler capex, HOCHTIEF's role in data center construction through Turner, and the share price already trading well above prior expectations as key drivers of their revised view.Narrative Update • Feb 06
HOT: Lithium Infrastructure Expansion Will Likely Limit Future Share Price Upside
Analysts have nudged their price target for HOCHTIEF slightly higher to €295.30 from about €292.74, reflecting updated assumptions around discount rates, revenue, profit margins and future P/E levels. What's in the News HOCHTIEF has expanded its partnership with Vulcan Energy, a Germany focused lithium and renewable energy business, giving the group an end to end role in developing Vulcan’s lithium production and processing infrastructure (Key Developments).Analysis Article • Jan 25
HOCHTIEF's (ETR:HOT) Returns On Capital Not Reflecting Well On The Business
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...Narrative Update • Jan 23
HOT: Lithium Projects And Profit Outlook Will Likely Constrain Future Upside
Analysts have nudged their fair value estimate for HOCHTIEF higher from €285.97 to €292.74, citing updated assumptions around the discount rate, long term revenue growth, profit margins and future P/E expectations. What's in the News HOCHTIEF, through its subsidiary Sedgman, has been appointed Engineering, Procurement and Construction Management contractor for Vulcan Energy's Lionheart Project, covering a €397 million Lithium Extraction Plant and a €337 million Central Lithium Plant (Key Developments).Narrative Update • Jan 08
HOT: Lithium Expansion And Raised Profit Guidance Will Likely Limit Future Upside
Analysts have nudged their price target on HOCHTIEF slightly higher, with fair value moving from €284.71 to €285.97, supported by small adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News HOCHTIEF expanded its partnership with Vulcan Energy, taking an end to end role in developing lithium production and processing infrastructure through its Sedgman and HOCHTIEF Infrastructure units (Key Developments).Analysis Article • Dec 26
Is Now The Time To Put HOCHTIEF (ETR:HOT) On Your Watchlist?
It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...Narrative Update • Dec 15
HOT: Expanded Lithium Exposure Will Likely Cap Future Share Price Upside
Analysts have raised their price target on HOCHTIEF by approximately €17 to about €285, citing slightly lower perceived risk, stronger expected revenue growth, modestly improved profit margins, and a marginally higher future earnings multiple. What's in the News HOCHTIEF, through its Sedgman unit and HOCHTIEF Infrastructure, has been appointed EPCM contractor for Vulcan Energy’s Lionheart Project, covering both a EUR 397 million Lithium Extraction Plant and a EUR 337 million Central Lithium Plant, reinforcing its role in critical minerals infrastructure (Key Developments) HOCHTIEF has agreed to invest EUR 169 million in Vulcan Energy, including EUR 39 million in the Lionheart Project and up to EUR 130 million via a share subscription, becoming a cornerstone investor in the sustainable lithium and renewable energy business (Key Developments) The company has been named preferred supplier for the Lionheart Project’s civil construction works, strengthening its integrated presence across the energy transition value chain (Key Developments) HOCHTIEF raised its 2025 operational net profit guidance to a range of EUR 750 to 780 million, from a previous range of EUR 680 to 730 million, indicating a targeted 20 to 25 percent year-on-year increase, with the company citing very strong profit momentum at the Turner segment and an expected acceleration in Q4 2025 (Key Developments) Valuation Changes Fair Value Estimate has risen slightly from approximately €267.84 to about €284.71 per share, reflecting a modest uplift in the underlying valuation.Analysis Article • Dec 03
A Look At The Fair Value Of HOCHTIEF Aktiengesellschaft (ETR:HOT)
Key Insights Using the 2 Stage Free Cash Flow to Equity, HOCHTIEF fair value estimate is €346 HOCHTIEF's €310 share...Narrative Update • Nov 30
HOT: Higher Projected Profit Margins Will Limit Share Price Upside Ahead
Analysts have raised their price target for HOCHTIEF from €223.46 to €267.84, citing improved revenue growth projections and stronger profit margins as the basis for the upward revision. What's in the News HOCHTIEF has raised its operational net profit guidance for the financial year 2025 to EUR 750 million to EUR 780 million, up from the previous estimate of EUR 680 million to EUR 730 million (Key Developments).Analysis Article • Nov 18
We Like HOCHTIEF's (ETR:HOT) Earnings For More Than Just Statutory Profit
Following the solid earnings report from HOCHTIEF Aktiengesellschaft ( ETR:HOT ), the market responded by bidding up...Narrative Update • Nov 16
HOT: Rising Discount Rate Will Limit Upside Despite Stronger Profit Momentum
Analysts have raised their price target for HOCHTIEF from €205.53 to €223.46, citing higher revenue growth forecasts and improved profit margins. What's in the News HOCHTIEF has raised its earnings guidance for 2025, increasing operational net profit expectations to EUR 750 million to 780 million, up from a prior range of EUR 680 million to 730 million (Key Developments).Analysis Article • Nov 04
Is HOCHTIEF (ETR:HOT) A Risky Investment?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Narrative Update • Nov 01
HOT: Rising Discount Rate Will Challenge Future Earnings Stability
Narrative Update on HOCHTIEF Analyst Price Target Analysts have maintained their price target for HOCHTIEF at €205.53. This reflects stable expectations, as recent evaluations cite consistent revenue growth and profit margin forecasts.Analysis Article • Oct 21
HOCHTIEF's (ETR:HOT) Returns On Capital Tell Us There Is Reason To Feel Uneasy
If you're looking at a mature business that's past the growth phase, what are some of the underlying trends that pop...Narrative Update • Oct 18
Surging Data Center Demand And Acquisition Risks Will Redefine Valuation
Analysts have raised their price target for HOCHTIEF from €195.53 to €205.53. They cited improved revenue growth expectations as the key driver behind this upward revision.Narrative Update • Oct 04
Surging Data Center Demand And Acquisition Risks Will Redefine Valuation
Analysts have raised their price target for HOCHTIEF from €174.65 to €195.53. This change reflects improvements in forecasted revenue growth and a lower discount rate in their latest outlook.Analysis Article • Sep 24
At €229, Is It Time To Put HOCHTIEF Aktiengesellschaft (ETR:HOT) On Your Watch List?
HOCHTIEF Aktiengesellschaft ( ETR:HOT ) received a lot of attention from a substantial price increase on the XTRA over...Analysis Article • Aug 28
HOCHTIEF Aktiengesellschaft (ETR:HOT) Shares Could Be 44% Below Their Intrinsic Value Estimate
Key Insights The projected fair value for HOCHTIEF is €379 based on 2 Stage Free Cash Flow to Equity HOCHTIEF is...Analysis Article • Aug 15
What HOCHTIEF Aktiengesellschaft's (ETR:HOT) 27% Share Price Gain Is Not Telling You
Despite an already strong run, HOCHTIEF Aktiengesellschaft ( ETR:HOT ) shares have been powering on, with a gain of 27...Analysis Article • Aug 08
Is Now The Time To Put HOCHTIEF (ETR:HOT) On Your Watchlist?
XTRA:HOT 1 Year Share Price vs Fair Value Explore HOCHTIEF's Fair Values from the Community and select yours The...Analysis Article • Jul 21
Is HOCHTIEF (ETR:HOT) Using Too Much Debt?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Analysis Article • Jun 18
Is HOCHTIEF Aktiengesellschaft (ETR:HOT) Potentially Undervalued?
Let's talk about the popular HOCHTIEF Aktiengesellschaft ( ETR:HOT ). The company's shares saw a decent share price...
New Narrative • Nov 25
Turner's Decisive Moves In Advanced Tech And Energy Promise Revenue Growth
Strategic expansion in tech, energy, and infrastructure projects promises significant revenue growth and aligns with global sustainability trends.Shareholder Returns
| HOT | DE Construction | DE Market | |
|---|---|---|---|
| 7D | 3.4% | 3.0% | -1.2% |
| 1Y | 202.3% | 176.5% | 0.01% |
Return vs Industry: HOT exceeded the German Construction industry which returned 176.5% over the past year.
Return vs Market: HOT exceeded the German Market which returned 0% over the past year.
Price Volatility
| HOT volatility | |
|---|---|
| HOT Average Weekly Movement | 7.6% |
| Construction Industry Average Movement | 5.1% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in DE Market | 12.9% |
| 10% least volatile stocks in DE Market | 2.7% |
Stable Share Price: HOT has not had significant price volatility in the past 3 months compared to the German market.
Volatility Over Time: HOT's weekly volatility (8%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1873 | 61,923 | Juan Cases | www.hochtief.com |
HOCHTIEF Aktiengesellschaft engages in the construction business worldwide. It operates under Turner, CIMIC, Engineering and construction, and Abertis segment. The company provides solutions for large-scale building, civil engineering and industrial projects, including engineering, project management, supply chain, and procurement services to the execution of civil works and industrial and infrastructure maintenance services, as well as construction management services.
HOCHTIEF Aktiengesellschaft Fundamentals Summary
| HOT fundamental statistics | |
|---|---|
| Market cap | €37.32b |
| Earnings (TTM) | €804.57m |
| Revenue (TTM) | €38.71b |
46.4x
P/E Ratio1.0x
P/S RatioIs HOT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| HOT income statement (TTM) | |
|---|---|
| Revenue | €38.71b |
| Cost of Revenue | €29.12b |
| Gross Profit | €9.59b |
| Other Expenses | €8.78b |
| Earnings | €804.57m |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
Jul 27, 2026
| Earnings per share (EPS) | 10.69 |
| Gross Margin | 24.77% |
| Net Profit Margin | 2.08% |
| Debt/Equity Ratio | 488.7% |
How did HOT perform over the long term?
See historical performance and comparisonDividends
1.3%
Current Dividend Yield62%
Payout RatioDoes HOT pay a reliable dividends?
See HOT dividend history and benchmarks| HOCHTIEF dividend dates | |
|---|---|
| Ex Dividend Date | Apr 30 2026 |
| Dividend Pay Date | Jul 07 2026 |
| Days until Ex dividend | 39 days |
| Days until Dividend pay date | 29 days |
Does HOT pay a reliable dividends?
See HOT dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/08 04:20 |
| End of Day Share Price | 2026/06/05 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
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 Github.
Analyst Sources
HOCHTIEF Aktiengesellschaft is covered by 22 analysts. 7 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 |
|---|---|
| Christian Weiz | Baader Helvea Equity Research |
| Patrick Appenzeller | Baader Helvea Equity Research |
| José Arroyas | Banco Santander |