H&R GmbH & Co. KGaA

XTRA:2HRA Stock Report

Market Cap: €129.2m

H&R GmbH KGaA Valuation

Is 2HRA undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 2HRA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 2HRA (€3.45) is trading above our estimate of fair value (€2.32)

Significantly Below Fair Value: 2HRA is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 2HRA?

Key metric: As 2HRA is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 2HRA. This is calculated by dividing 2HRA's market cap by their current earnings.
What is 2HRA's PE Ratio?
PE Ratio23.4x
Earnings€5.53m
Market Cap€129.16m

Price to Earnings Ratio vs Peers

How does 2HRA's PE Ratio compare to its peers?

The above table shows the PE ratio for 2HRA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average15x
NTG Nabaltec
9x5.7%€120.6m
UZU Uzin Utz
10.2x2.1%€244.1m
ACT AlzChem Group
11.7x12.6%€582.1m
WCH Wacker Chemie
29.4x38.0%€3.7b
2HRA H&R GmbH KGaA
13.4x34.4%€129.2m

Price-To-Earnings vs Peers: 2HRA is good value based on its Price-To-Earnings Ratio (13.4x) compared to the peer average (15x).

Price to Earnings Ratio vs Industry

How does 2HRA's PE Ratio compare vs other companies in the European Chemicals Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
2HRA 23.4xIndustry Avg. 17.9xNo. of Companies11PE01224364860+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 2HRA is good value based on its Price-To-Earnings Ratio (13.4x) compared to the European Chemicals industry average (17.9x).

Price to Earnings Ratio vs Fair Ratio

What is 2HRA's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

2HRA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio23.4x
Fair PE Ratio21.5x

Price-To-Earnings vs Fair Ratio: 2HRA is good value based on its Price-To-Earnings Ratio (13.4x) compared to the estimated Fair Price-To-Earnings Ratio (15.3x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

Discover undervalued companies

Trinseo

US$122.5m

Operates as a specialty material solutions provider in the United States, Europe, the Asia-Pacific, and internationally.

3XD

US$3.28

7D

-1.2%

1Y

-45.8%

Ecora Resources

UK£161.0m

Operates as a natural resource royalty and streaming company in Australia, North and South America, Europe, and internationally.

HGR

UK£0.75

7D

5.8%

1Y

-27.4%

Cabka

€64.2m

Manufactures and sells pallets and large containers made from recycled plastic in Europe, North America, and internationally.

7GW

€2.54

7D

0%

1Y

-63.2%