Henkel AG & Co. KGaA, together with its subsidiaries, engages in adhesive technologies, beauty care, and laundry and home care businesses worldwide.
No risks detected for HEN3 from our risk checks.
Excellent balance sheet established dividend payer.
Share Price & News
How has Henkel KGaA's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HEN3 has not had significant price volatility in the past 3 months.
7 Day Return
DE Household Products
1 Year Return
DE Household Products
Return vs Industry: HEN3 underperformed the German Household Products industry which returned 7.4% over the past year.
Return vs Market: HEN3 underperformed the German Market which returned 8.3% over the past year.
Price Volatility Vs. Market
How volatile is Henkel KGaA's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Henkel KGaA 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: HEN3 (€90.14) is trading below our estimate of fair value (€123.46)
Significantly Below Fair Value: HEN3 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HEN3 is good value based on its PE Ratio (17.3x) compared to the Household Products industry average (21x).
PE vs Market: HEN3 is good value based on its PE Ratio (17.3x) compared to the German market (20.7x).
Price to Earnings Growth Ratio
PEG Ratio: HEN3 is poor value based on its PEG Ratio (10.2x)
Price to Book Ratio
PB vs Industry: HEN3 is overvalued based on its PB Ratio (2.3x) compared to the XE Household Products industry average (2x).
How is Henkel KGaA forecast to perform in the next 1 to 3 years based on estimates from 24 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HEN3's forecast earnings growth (1.7% per year) is above the savings rate (-0.4%).
Earnings vs Market: HEN3's earnings (1.7% per year) are forecast to grow slower than the German market (13% per year).
High Growth Earnings: HEN3's earnings are forecast to grow, but not significantly.
Revenue vs Market: HEN3's revenue (2.5% per year) is forecast to grow slower than the German market (5.1% per year).
High Growth Revenue: HEN3's revenue (2.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HEN3's Return on Equity is forecast to be low in 3 years time (11.1%).
How has Henkel KGaA performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HEN3 has high quality earnings.
Growing Profit Margin: HEN3's current net profit margins (11%) are lower than last year (12.5%).
Past Earnings Growth Analysis
Earnings Trend: HEN3's earnings have grown by 7.7% per year over the past 5 years.
Accelerating Growth: HEN3's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: HEN3 had negative earnings growth (-11.6%) over the past year, making it difficult to compare to the Household Products industry average (-11.6%).
Return on Equity
High ROE: HEN3's Return on Equity (12.1%) is considered low.
How is Henkel KGaA's financial position?
Financial Position Analysis
Short Term Liabilities: HEN3's short term assets (€10.3B) exceed its short term liabilities (€9.6B).
Long Term Liabilities: HEN3's short term assets (€10.3B) exceed its long term liabilities (€4.7B).
Debt to Equity History and Analysis
Debt Level: HEN3's debt to equity ratio (26.7%) is considered satisfactory.
Reducing Debt: HEN3's debt to equity ratio has increased from 14.5% to 26.7% over the past 5 years.
Debt Coverage: HEN3's debt is well covered by operating cash flow (67.5%).
Interest Coverage: HEN3's interest payments on its debt are well covered by EBIT (44.5x coverage).
Inventory Level: HEN3 has a low level of unsold assets or inventory.
Debt Coverage by Assets: HEN3's debt is covered by short term assets (assets are 2.1x debt).
What is Henkel KGaA's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HEN3's dividend (2.06%) is higher than the bottom 25% of dividend payers in the German market (1.38%).
High Dividend: HEN3's dividend (2.06%) is low compared to the top 25% of dividend payers in the German market (3.73%).
Stability and Growth of Payments
Stable Dividend: HEN3's dividends per share have been stable in the past 10 years.
Growing Dividend: HEN3's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (35.6%), HEN3's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: HEN3's dividends in 3 years are forecast to be well covered by earnings (39.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Carsten Knobel (50yo)
Dr. Carsten Knobel has been Chairman of The Management Board and Chief Executive Officer at Henkel AG & Co. KGaA since January 01, 2020. Dr. Knobel serves as Member of Management Board Henkel AG & Co. KGaA ...
CEO Compensation Analysis
Compensation vs Market: Carsten's total compensation ($USD4.08M) is about average for companies of similar size in the German market ($USD4.41M).
Compensation vs Earnings: Carsten's compensation has been consistent with company performance over the past year.
|Chairman of the Management Board & CEO||0.08yrs||€3.75m||no data|
|Executive VP of Adhesive Technologies & Member of Management Board - Henkel Management AG||9.1yrs||€3.74m||no data|
|Executive VP of Laundry & Home Care and Member of Management Board - Henkel Management AG||9.1yrs||€3.73m||no data|
|Executive VP of Beauty Care & Member of Management Board - Henkel Management AG||2.3yrs||€3.27m||no data|
|Executive Vice President of Finance & CFO||0.08yrs||no data||no data|
|Executive VP of HR & Infrastructure Services and Member of Management Board - Henkel Mgmt AG||0yrs||no data||no data|
|Head of Investor Relations||0yrs||no data||no data|
|General Counsel & Chief Compliance Officer||0yrs||no data||no data|
|Head of Corporate Communications & Public Affairs||9.9yrs||no data||no data|
|Corporate Senior Vice President of Research & Development - Laundry & Home Care||0yrs||no data||no data|
Experienced Management: HEN3's management team is seasoned and experienced (5.7 years average tenure).
|Honorary Chairman of Henkel Group||0yrs||no data||no data|
|Chairwoman of Supervisory Board||10.4yrs||€582.00k||no data|
|Member of Supervisory Board||1.8yrs||€82.52k||no data|
|Member of Supervisory Board||11.8yrs||€110.00k||no data|
|Member of Supervisory Board||10.8yrs||€148.00k||no data|
|Employee Representative Member of Supervisory Board||15.3yrs||€74.00k||no data|
|Employee Representative Vice Chairman of Supervisory Board||1.8yrs||€138.51k||no data|
|Employee Representative Member of Supervisory Board||11.8yrs||€75.00k||no data|
|Member of Supervisory Board||9.8yrs||€75.00k||no data|
|Employee Representative Member of Supervisory Board||9.5yrs||€103.51k||no data|
Experienced Board: HEN3's board of directors are seasoned and experienced ( 10.4 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.
Henkel AG & Co. KGaA's company bio, employee growth, exchange listings and data sources
- Name: Henkel AG & Co. KGaA
- Ticker: HEN3
- Exchange: DB
- Founded: 1876
- Industry: Household Products
- Sector: Household
- Market Cap: €36.685b
- Shares outstanding: 434.28m
- Website: https://www.henkel.com
Number of Employees
- Henkel AG & Co. KGaA
- Henkelstrasse 67
- North Rhine-Westphalia
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|HENO.F||OTCPK (Pink Sheets LLC)||Yes||Non-Voting Preferred Shares||US||USD||Apr 1991|
|HEN3||DB (Deutsche Boerse AG)||Yes||Non-Voting Preferred Shares||DE||EUR||Apr 1991|
|HEN||WBAG (Wiener Boerse AG)||Yes||Non-Voting Preferred Shares||AT||EUR||Apr 1991|
|0IZC||LSE (London Stock Exchange)||Yes||Non-Voting Preferred Shares||GB||EUR||Apr 1991|
|HEN3||XTRA (XETRA Trading Platform)||Yes||Non-Voting Preferred Shares||DE||EUR||Apr 1991|
|HEN3D||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Non-Voting Preferred Shares||GB||EUR||Apr 1991|
|HEN3||SWX (SIX Swiss Exchange)||Yes||Non-Voting Preferred Shares||CH||CHF||Apr 1991|
|HEN3||BIT (Borsa Italiana)||Yes||Non-Voting Preferred Shares||IT||EUR||Apr 1991|
|HEN3 N||BMV (Bolsa Mexicana de Valores)||Yes||Non-Voting Preferred Shares||MX||MXN||Apr 1991|
|HELK.F||OTCPK (Pink Sheets LLC)||Ordinary Shares||US||USD||Jul 1996|
|HEN||DB (Deutsche Boerse AG)||Ordinary Shares||DE||EUR||Jul 1996|
|HEN||SWX (SIX Swiss Exchange)||Ordinary Shares||CH||CHF||Jul 1996|
|HEN||XTRA (XETRA Trading Platform)||Ordinary Shares||DE||EUR||Jul 1996|
|0IZ8||LSE (London Stock Exchange)||Ordinary Shares||GB||EUR||Jul 1996|
|HEND||BATS-CHIXE (BATS 'Chi-X Europe')||Ordinary Shares||GB||EUR||Jul 1996|
|HEN||ETLX (Eurotlx)||Ordinary Shares||IT||EUR||Jul 1996|
|HENK.Y||OTCPK (Pink Sheets LLC)||ADR EACH REP 1 NPV||US||USD||Jan 1997|
|HENE||BST (Boerse-Stuttgart)||ADR EACH REP 1 NPV||DE||EUR||Jan 1997|
|HENO.Y||OTCPK (Pink Sheets LLC)||ADR EACH REP 1 NON.V PRF NPV(CIT)||US||USD||Mar 2001|
|HEN1||BST (Boerse-Stuttgart)||ADR EACH REP 1 NON.V PRF NPV(CIT)||DE||EUR||Mar 2001|
Henkel AG & Co. KGaA, together with its subsidiaries, engages in adhesive technologies, beauty care, and laundry and home care businesses worldwide. The company’s Adhesive Technologies segment offers adhesives, sealants, and functional coatings for various business areas, including packaging and consumer goods adhesives; transport and metal; general industry; electronics; and consumers, craftsmen, and building. This segment markets its products primarily under the Loctite, Technomelt, and Teroson brand names. Its Beauty Care segment offers hair cosmetics; and body, skin, and oral care products, as well as operates professional hair salons. This segment markets its products primarily under the Schwarzkopf, Dial, and Syoss brands. The company’s Laundry & Home Care segment offers heavy-duty and specialty detergents, fabric softeners, laundry performance enhancers, and other fabric care products; hand and automatic dishwashing products; cleaners for bathroom and WC applications; household, glass, and specialty cleaners; and air fresheners and insect control products for household applications. This segment markets its products primarily under the Persil, Bref, Purex, and all brand names. Henkel AG & Co. KGaA was founded in 1876 and is headquartered in Düsseldorf, Germany.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/25 21:03|
|End of Day Share Price||2020/02/25 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.