HOCHTIEF Aktiengesellschaft engages in the construction business worldwide.
Reasonable growth potential average dividend payer.
Share Price & News
How has HOCHTIEF's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HOT's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: HOT exceeded the German Construction industry which returned -27% over the past year.
Return vs Market: HOT underperformed the German Market which returned 4.1% over the past year.
Price Volatility Vs. Market
How volatile is HOCHTIEF's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StHOCHTIEF (ETR:HOT) Seems To Use Debt Quite Sensibly
1 month ago | Simply Wall StDid You Manage To Avoid HOCHTIEF's (ETR:HOT) Painful 60% Share Price Drop?
2 months ago | Simply Wall StDoes HOCHTIEF Aktiengesellschaft (ETR:HOT) Have A Place In Your Dividend Portfolio?
Is HOCHTIEF undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: HOT (€86.75) is trading below our estimate of fair value (€294.4)
Significantly Below Fair Value: HOT is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HOT is unprofitable, so we can't compare its PE Ratio to the Construction industry average.
PE vs Market: HOT is unprofitable, so we can't compare its PE Ratio to the German market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate HOT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: HOT is overvalued based on its PB Ratio (5.2x) compared to the XE Construction industry average (1.1x).
How is HOCHTIEF forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HOT is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.2%).
Earnings vs Market: HOT is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: HOT's is expected to become profitable in the next 3 years.
Revenue vs Market: HOT's revenue (3.8% per year) is forecast to grow slower than the German market (5.7% per year).
High Growth Revenue: HOT's revenue (3.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HOT's Return on Equity is forecast to be very high in 3 years time (41.8%).
How has HOCHTIEF performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HOT is currently unprofitable.
Growing Profit Margin: HOT is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: HOT is unprofitable, but has reduced losses over the past 5 years at a rate of 20.7% per year.
Accelerating Growth: Unable to compare HOT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: HOT is unprofitable, making it difficult to compare its past year earnings growth to the Construction industry (7.6%).
Return on Equity
High ROE: HOT has a negative Return on Equity (-24.06%), as it is currently unprofitable.
How is HOCHTIEF's financial position?
Financial Position Analysis
Short Term Liabilities: HOT's short term assets (€13.2B) exceed its short term liabilities (€10.8B).
Long Term Liabilities: HOT's short term assets (€13.2B) exceed its long term liabilities (€6.6B).
Debt to Equity History and Analysis
Debt Level: HOT's debt to equity ratio (432.7%) is considered high.
Reducing Debt: HOT's debt to equity ratio has increased from 114.2% to 432.7% over the past 5 years.
Debt Coverage: HOT's debt is well covered by operating cash flow (21.7%).
Interest Coverage: HOT is unprofitable, therefore interest payments are not well covered by earnings.
What is HOCHTIEF's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HOT's dividend (6.69%) is higher than the bottom 25% of dividend payers in the German market (1.26%).
High Dividend: HOT's dividend (6.69%) is in the top 25% of dividend payers in the German market (3.8%)
Stability and Growth of Payments
Stable Dividend: HOT's dividend payments have been volatile in the past 10 years.
Growing Dividend: HOT's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: HOT is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: HOT's dividends in 3 years are forecast to be covered by earnings (56.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Marcelino Fernández Verdes (64yo)
Mr. Marcelino Fernández Verdes, Civ Eng, has been Executive Chairman of CIMIC Group Limited since June 11, 2014 and its Executive Director since October 10, 2012. Mr. Fernández Verdes has been the Chairman ...
CEO Compensation Analysis
Compensation vs Market: Marcelino's total compensation ($USD5.57M) is above average for companies of similar size in the German market ($USD3.10M).
Compensation vs Earnings: Marcelino's compensation has increased whilst the company is unprofitable.
|Chairman of the Executive Board & CEO||7.58yrs||€4.96m||no data|
|CFO & Member of the Executive Board||8.58yrs||€2.45m||no data|
|Labor Director & Member of Executive Board||6.08yrs||€1.43m||no data|
|COO & Member of the Executive Board||6.08yrs||€1.24m||no data|
|Investor Relations Officer||no data||no data||no data|
|Chief Compliance Officer||no data||no data||no data|
|Senior Vice President of Corporate Communications||no data||no data||no data|
|Head of Human Resources||no data||no data||no data|
|Head of Corporate Strategy||6.75yrs||no data||no data|
|Head of Corporate Compliance||no data||no data||no data|
Experienced Management: HOT's management team is seasoned and experienced (6.8 years average tenure).
|Independent Member of the Supervisory Board||8.17yrs||€71.00k||no data|
|Member of the Supervisory Board||13yrs||€148.00k||no data|
|Chairman of the Supervisory Board||5.67yrs||€204.50k||no data|
|Member of the Supervisory Board||9.08yrs||€117.00k||no data|
|Independent Member of the Supervisory Board||5.67yrs||€107.00k||no data|
|Employee Representative Member of the Supervisory Board||6.58yrs||€107.50k||no data|
|Employee Representative Member of the Supervisory Board||6.58yrs||€117.00k||no data|
|Deputy Chairman of the Supervisory Board||4.08yrs||€148.00k||no data|
|Employee Representative Member of the Supervisory Board||6.58yrs||€105.50k||no data|
|Independent Member of the Supervisory Board||5.17yrs||€107.00k||no data|
Experienced Board: HOT's board of directors are considered experienced (6.6 years average tenure).
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: Shareholders have not been meaningfully diluted in the past year.
HOCHTIEF Aktiengesellschaft's company bio, employee growth, exchange listings and data sources
- Name: HOCHTIEF Aktiengesellschaft
- Ticker: HOT
- Exchange: XTRA
- Founded: 1873
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: €6.029b
- Shares outstanding: 69.50m
- Website: https://www.hochtief.com
Number of Employees
- HOCHTIEF Aktiengesellschaft
- Alfredstrasse 236
- North Rhine-Westphalia
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|HOCF.F||OTCPK (Pink Sheets LLC)||Yes||Bearer Shares||US||USD||Jan 1992|
|HOT||DB (Deutsche Boerse AG)||Yes||Bearer Shares||DE||EUR||Jan 1992|
|HOT||XTRA (XETRA Trading Platform)||Yes||Bearer Shares||DE||EUR||Jan 1992|
|0EPW||LSE (London Stock Exchange)||Yes||Bearer Shares||GB||EUR||Jan 1992|
|HOTD||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Bearer Shares||GB||EUR||Jan 1992|
|HOT||SWX (SIX Swiss Exchange)||Yes||Bearer Shares||CH||CHF||Jan 1992|
|HOT||ETLX (Eurotlx)||Yes||Bearer Shares||IT||EUR||Jan 1992|
|HOT||WBAG (Wiener Boerse AG)||Yes||Bearer Shares||AT||EUR||Jan 1992|
HOCHTIEF Aktiengesellschaft engages in the construction business worldwide. The company operates through HOCHTIEF Americas, HOCHTIEF Asia Pacific, and HOCHTIEF Europe divisions. The HOCHTIEF Americas division provides building and transportation infrastructure construction services primarily in the United States and Canada. The HOCHTIEF Asia Pacific division offers construction, mining and mineral processing, engineering, asset management, and maintenance services in the Asia-Pacific region. This division also undertakes public-private partnerships (PPP). The HOCHTIEF Europe division provides services primarily for infrastructure and building construction projects, as well as PPP. This division primarily focuses on the transportation, energy, and social and urban infrastructure segments. It also designs, develops, builds, operates, and manages real estate properties, as well as provides project financing and management services. The company also provides insurance products; and reinsurance products primarily for contractors’ casualty and surety, subcontractor default, liability, and occupational accident insurance. HOCHTIEF Aktiengesellschaft was founded in 1873 and is headquartered in Essen, Germany. HOCHTIEF Aktiengesellschaft is a subsidiary of ACS, Actividades de Construcción y Servicios, S.A.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/05 09:51|
|End of Day Share Price||2020/06/04 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.