DB:HYQ

Stock Analysis Report

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Executive Summary

Hypoport SE operates as a technology-based financial service provider in Germany.


Snowflake Analysis

Reasonable growth potential with acceptable track record.

Share Price & News

How has Hypoport's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: HYQ's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

8.2%

HYQ

2.4%

DE Diversified Financial

2.4%

DE Market


1 Year Return

103.9%

HYQ

6.5%

DE Diversified Financial

-0.1%

DE Market

Return vs Industry: HYQ exceeded the German Diversified Financial industry which returned 4.9% over the past year.

Return vs Market: HYQ exceeded the German Market which returned -2.6% over the past year.


Shareholder returns

HYQIndustryMarket
7 Day8.2%2.4%2.4%
30 Day20.8%12.5%7.8%
90 Day35.2%-8.0%-3.8%
1 Year103.9%103.9%6.6%6.5%1.5%-0.1%
3 Year204.1%204.1%48.1%45.9%-4.8%-12.1%
5 Year1456.3%1456.3%171.9%163.7%3.6%-9.5%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

96.22x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: HYQ (€399.5) is trading above our estimate of fair value (€117.24)

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


Price To Earnings Ratio

PE vs Industry: HYQ is poor value based on its PE Ratio (92.9x) compared to the Diversified Financial industry average (28x).

PE vs Market: HYQ is poor value based on its PE Ratio (92.9x) compared to the German market (18.6x).


Price to Earnings Growth Ratio

PEG Ratio: HYQ is poor value based on its PEG Ratio (3.7x)


Price to Book Ratio

PB vs Industry: HYQ is overvalued based on its PB Ratio (12.2x) compared to the DE Diversified Financial industry average (7.1x).


Next Steps

Future Growth

How is Hypoport forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

25.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HYQ's forecast earnings growth (25.4% per year) is above the savings rate (0.2%).

Earnings vs Market: HYQ's earnings (25.4% per year) are forecast to grow faster than the German market (22.1% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: HYQ's revenue (15.2% per year) is forecast to grow faster than the German market (5.7% per year).

High Growth Revenue: HYQ's revenue (15.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: HYQ's Return on Equity is forecast to be low in 3 years time (16.4%).


Next Steps

Past Performance

How has Hypoport performed over the past 5 years?

15.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HYQ has high quality earnings.

Growing Profit Margin: HYQ's current net profit margins (7.3%) are lower than last year (8%).


Past Earnings Growth Analysis

Earnings Trend: HYQ's earnings have grown by 15.2% per year over the past 5 years.

Accelerating Growth: HYQ's earnings growth over the past year (15.2%) exceeds its 5-year average (15.2% per year).

Earnings vs Industry: HYQ earnings growth over the past year (15.2%) underperformed the Diversified Financial industry 15.2%.


Return on Equity

High ROE: HYQ's Return on Equity (13%) is considered low.


Next Steps

Financial Health

How is Hypoport's financial position?


Financial Position Analysis

Short Term Liabilities: HYQ's short term assets (€93.4M) exceed its short term liabilities (€78.6M).

Long Term Liabilities: HYQ's short term assets (€93.4M) do not cover its long term liabilities (€182.1M).


Debt to Equity History and Analysis

Debt Level: HYQ's debt to equity ratio (52.2%) is considered high.

Reducing Debt: HYQ's debt to equity ratio has increased from 35.6% to 52.2% over the past 5 years.

Debt Coverage: HYQ's debt is well covered by operating cash flow (43.6%).

Interest Coverage: HYQ's interest payments on its debt are well covered by EBIT (18.5x coverage).


Balance Sheet


Next Steps

Dividend

What is Hypoport's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate HYQ'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 HYQ's dividends per share have been stable in the past.

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

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


Next Steps

Management

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

1.0yrs

Average board tenure


CEO

Ronald Slabke (46yo)

9.33yrs

Tenure

€640,000

Compensation

Dipl. Ronald Slabke Co-founded Hypoport AG and has been its Chairman of Management Board since June 2010 and Member of the Management Board since January 1, 2002. Mr. Slabke has been the Chief Executive Of ...


CEO Compensation Analysis

Compensation vs Market: Ronald's total compensation ($USD703.06K) is below average for companies of similar size in the German market ($USD2.49M).

Compensation vs Earnings: Ronald's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Dieter Pfeiffenberger
Independent Chairman of the Supervisory Board1yr€65.00k0.0018% 46.5k
Martin Krebs
Independent Member of Supervisory Board1yr€25.00kno data
Roland Adams
Independent Vice-Chairman of Supervisory Board4.92yrs€62.00kno data

1.0yrs

Average Tenure

Experienced Board: HYQ's board of directors are not considered experienced ( 1 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

Hypoport SE's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Hypoport SE
  • Ticker: HYQ
  • Exchange: DB
  • Founded:
  • Industry: Other Diversified Financial Services
  • Sector: Diversified Financials
  • Market Cap: €2.538b
  • Shares outstanding: 6.30m
  • Website: https://www.hypoport.com

Number of Employees


Location

  • Hypoport SE
  • Hansestrasse 14
  • Lübeck
  • Schleswig-Holstein
  • 23558
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HYQDB (Deutsche Boerse AG)YesRegistered SharesDEEUROct 2007
0JVSLSE (London Stock Exchange)YesRegistered SharesGBEUROct 2007
HYQXTRA (XETRA Trading Platform)YesRegistered SharesDEEUROct 2007
HYQSWX (SIX Swiss Exchange)YesRegistered SharesCHCHFOct 2007
HYQWBAG (Wiener Boerse AG)YesRegistered SharesATEUROct 2007
HYQDBATS-CHIXE (BATS 'Chi-X Europe')YesRegistered SharesGBEUROct 2007
HYPO.FOTCPK (Pink Sheets LLC)YesRegistered SharesUSUSDOct 2007

Biography

Hypoport SE operates as a technology-based financial service provider in Germany. The company operates through four segments: Credit Platform, Private Clients, Real Estate Platform, and Insurance Platform. It offers EUROPACE marketplace for independent distributors to process their financing transactions with the product suppliers they represent. The company also provides mortgage finance, personal loans, insurance, and current and deposit accounts through distribution channels, including online and branch-based sales. In addition, it offers financial support for housing companies; borrowing, management consultancy, and support services property transactions; and insurance portfolios, as well as supports issuers with the provision of information technology and a range of services. Further, the company develops and operates software solutions for the sale and management of insurance products; operates SMART INSUR, a web-based B2B platform for advice, comparison of tariffs, and the administration of insurance policies; and provides support services to small and medium-sized financial product distributors in relation to the brokerage of insurance policies. Hypoport SE is headquartered in Lübeck, Germany. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/28 00:20
End of Day Share Price2020/05/27 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.