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NBH

Hoftex Group MUN:NBH Stock Report

Last Price

€11.20

Market Cap

€61.0m

7D

0%

1Y

-6.7%

Updated

17 May, 2022

Data

Company Financials
NBH fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends1/6

NBH Stock Overview

Hoftex Group AG, through its subsidiaries, develops, manufactures, and sells textile products for various applications in Germany and internationally.

Hoftex Group Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Hoftex Group
Historical stock prices
Current Share Price€11.20
52 Week High€13.40
52 Week Low€11.10
Beta0.22
1 Month Change0.90%
3 Month Change-8.94%
1 Year Change-6.67%
3 Year Change-17.04%
5 Year Change-26.41%
Change since IPO-31.57%

Recent News & Updates

May 24
Returns On Capital At Hoftex Group (MUN:NBH) Have Hit The Brakes

Returns On Capital At Hoftex Group (MUN:NBH) Have Hit The Brakes

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...

Shareholder Returns

NBHDE LuxuryDE Market
7D0%5.6%4.2%
1Y-6.7%-33.0%-11.4%

Return vs Industry: NBH exceeded the German Luxury industry which returned -34.6% over the past year.

Return vs Market: NBH exceeded the German Market which returned -12.4% over the past year.

Price Volatility

Is NBH's price volatile compared to industry and market?
NBH volatility
NBH Average Weekly Movement3.4%
Luxury Industry Average Movement7.0%
Market Average Movement6.4%
10% most volatile stocks in DE Market10.8%
10% least volatile stocks in DE Market3.5%

Stable Share Price: NBH is less volatile than 75% of German stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: NBH's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18531,046Klaus Stegerhttps://www.hoftexgroup.com

Hoftex Group AG, through its subsidiaries, develops, manufactures, and sells textile products for various applications in Germany and internationally. It operates through HOFTEX, NEUTEX, and TENOWO divisions. The company offers dyed yarns and threads, and numerous specialty yarns; and decorative fabrics as yard goods, as well as ready-made home textiles It also engages in weaving, dyeing, and finishing of decorative fabrics.

Hoftex Group Fundamentals Summary

How do Hoftex Group's earnings and revenue compare to its market cap?
NBH fundamental statistics
Market Cap€60.98m
Earnings (TTM)€9.09m
Revenue (TTM)€148.80m

6.7x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NBH income statement (TTM)
Revenue€148.80m
Cost of Revenue€66.78m
Gross Profit€82.02m
Other Expenses€72.93m
Earnings€9.09m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.67
Gross Margin55.12%
Net Profit Margin6.11%
Debt/Equity Ratio47.7%

How did NBH perform over the long term?

See historical performance and comparison

Dividends

1.3%

Current Dividend Yield

9%

Payout Ratio

Valuation

Is Hoftex Group undervalued compared to its fair value and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


29.4%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: NBH (€11.2) is trading below our estimate of fair value (€15.87)

Significantly Below Fair Value: NBH is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: NBH is good value based on its PE Ratio (6.7x) compared to the German Luxury industry average (15.4x).

PE vs Market: NBH is good value based on its PE Ratio (6.7x) compared to the German market (17.5x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: NBH is good value based on its PB Ratio (0.5x) compared to the DE Luxury industry average (1.5x).


Future Growth

How is Hoftex Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


15.3%

Forecasted Consumer Durables industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Hoftex Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Hoftex Group performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-17.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: NBH has high quality earnings.

Growing Profit Margin: NBH became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: NBH's earnings have declined by 17.8% per year over the past 5 years.

Accelerating Growth: NBH has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: NBH has become profitable in the last year, making it difficult to compare its past year earnings growth to the Luxury industry (95%).


Return on Equity

High ROE: NBH's Return on Equity (8.2%) is considered low.


Financial Health

How is Hoftex Group's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: NBH's short term assets (€81.4M) exceed its short term liabilities (€38.3M).

Long Term Liabilities: NBH's short term assets (€81.4M) exceed its long term liabilities (€71.1M).


Debt to Equity History and Analysis

Debt Level: NBH's net debt to equity ratio (24.6%) is considered satisfactory.

Reducing Debt: NBH's debt to equity ratio has increased from 15.4% to 47.7% over the past 5 years.

Debt Coverage: NBH's debt is well covered by operating cash flow (31.5%).

Interest Coverage: NBH's interest payments on its debt are well covered by EBIT (13.2x coverage).


Balance Sheet


Dividend

What is Hoftex Group current dividend yield, its reliability and sustainability?

Dividend Score

1/6

Dividend Score 1/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


1.34%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: NBH's dividend (1.34%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.38%).

High Dividend: NBH's dividend (1.34%) is low compared to the top 25% of dividend payers in the German market (4.31%).


Stability and Growth of Payments

Stable Dividend: NBH has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: NBH has only been paying a dividend for 9 years, and since then payments have not increased.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (8.7%), NBH's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Insufficient data to calculate cash payout ratio to determine if its dividend payments are covered by cash flows.


Next Steps

Management

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

6.8yrs

Average board tenure


CEO

Klaus Steger

no data

Tenure

Mr. Klaus Steger serves as the Chief Executive Officer and Chairman of the Management Board at Hoftex Group AG (a/k/a, Textilgruppe Hof AG). Mr. Steger serves as the Chairman of ERWO Holding AG and Manager...


Board Members

Experienced Board: NBH's board of directors are considered experienced (6.8 years average tenure).


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

Hoftex Group AG's employee growth, exchange listings and data sources


Key Information

  • Name: Hoftex Group AG
  • Ticker: NBH
  • Exchange: MUN
  • Founded: 1853
  • Industry: Textiles
  • Sector: Consumer Durables
  • Implied Market Cap: €60.982m
  • Shares outstanding: 5.44m
  • Website: https://www.hoftexgroup.com

Number of Employees


Location

  • Hoftex Group AG
  • Fabrikzeile 21
  • Hof
  • Bavaria
  • 95028
  • Germany

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/17 00:00
End of Day Share Price2022/05/12 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.