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HORNBACH Baumarkt XTRA:HBM Stock Report

Last Price


Market Cap







24 May, 2022


Company Financials
HBM fundamental analysis
Snowflake Score
Future Growth0/6
Past Performance4/6
Financial Health4/6

HBM Stock Overview

HORNBACH Baumarkt AG operates as a do-it-yourself (DIY) retail company in Germany, Austria, the Czech Republic, Luxembourg, the Netherlands, Romania, Slovakia, Sweden, and Switzerland.

HORNBACH Baumarkt Competitors

Price History & Performance

Summary of all time highs, changes and price drops for HORNBACH Baumarkt
Historical stock prices
Current Share Price€49.00
52 Week High€49.65
52 Week Low€33.10
1 Month Change0%
3 Month Change6.06%
1 Year Change26.13%
3 Year Change195.18%
5 Year Change61.72%
Change since IPO82.95%

Recent News & Updates

Shareholder Returns

HBMDE Specialty RetailDE Market

Return vs Industry: HBM exceeded the German Specialty Retail industry which returned -45.8% over the past year.

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

Price Volatility

Is HBM's price volatile compared to industry and market?
HBM volatility
HBM Average Weekly Movementn/a
Specialty Retail Industry Average Movement7.4%
Market Average Movement6.3%
10% most volatile stocks in DE Market10.6%
10% least volatile stocks in DE Market3.4%

Stable Share Price: Insufficient data to determine HBM's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine HBM's volatility change over the past year.

About the Company

187723,114Erich Harsch

HORNBACH Baumarkt AG operates as a do-it-yourself (DIY) retail company in Germany, Austria, the Czech Republic, Luxembourg, the Netherlands, Romania, Slovakia, Sweden, and Switzerland. It operates through Retail and Real Estate segments. The company offers various products in the hardware / electrical, paint / wallpaper / flooring, construction materials / timber / prefabricated components, sanitary / tiles, and garden hardware/plants divisions.

HORNBACH Baumarkt Fundamentals Summary

How do HORNBACH Baumarkt's earnings and revenue compare to its market cap?
HBM fundamental statistics
Market Cap€1.56b
Earnings (TTM)€188.94m
Revenue (TTM)€5.50b


P/E Ratio


P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
HBM income statement (TTM)
Cost of Revenue€3.53b
Gross Profit€1.96b
Other Expenses€1.77b

Last Reported Earnings

Feb 28, 2022

Next Earnings Date

Jun 29, 2022

Earnings per share (EPS)5.94
Gross Margin35.73%
Net Profit Margin3.44%
Debt/Equity Ratio38.1%

How did HBM perform over the long term?

See historical performance and comparison



Current Dividend Yield


Payout Ratio


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

Valuation Score


Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: HBM (€49) is trading below our estimate of fair value (€91.28)

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

Price To Earnings Ratio

PE vs Industry: HBM is good value based on its Price-To-Earnings Ratio (8.2x) compared to the German Specialty Retail industry average (12.4x).

PE vs Market: HBM is good value based on its Price-To-Earnings Ratio (8.2x) compared to the German market (17.4x).

Price to Earnings Growth Ratio

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

Price to Book Ratio

PB vs Industry: HBM is good value based on its Price-To-Book Ratio (1.1x) compared to the DE Specialty Retail industry average (2x).

Future Growth

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

Future Growth Score


Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


Forecasted Retail 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 HORNBACH Baumarkt 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 HORNBACH Baumarkt performed over the past 5 years?

Past Performance Score


Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: HBM has high quality earnings.

Growing Profit Margin: HBM's current net profit margins (3.4%) are higher than last year (3%).

Past Earnings Growth Analysis

Earnings Trend: HBM's earnings have grown significantly by 29.2% per year over the past 5 years.

Accelerating Growth: HBM's earnings growth over the past year (23.4%) is below its 5-year average (29.2% per year).

Earnings vs Industry: HBM earnings growth over the past year (23.4%) exceeded the Specialty Retail industry 20.8%.

Return on Equity

High ROE: HBM's Return on Equity (13.1%) is considered low.

Financial Health

How is HORNBACH Baumarkt's financial position?

Financial Health Score


Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: HBM's short term assets (€1.6B) exceed its short term liabilities (€849.8M).

Long Term Liabilities: HBM's short term assets (€1.6B) do not cover its long term liabilities (€1.8B).

Debt to Equity History and Analysis

Debt Level: HBM's net debt to equity ratio (17.9%) is considered satisfactory.

Reducing Debt: HBM's debt to equity ratio has increased from 26.4% to 38.1% over the past 5 years.

Debt Coverage: HBM's debt is well covered by operating cash flow (62.9%).

Interest Coverage: HBM's interest payments on its debt are well covered by EBIT (5.6x coverage).

Balance Sheet


What is HORNBACH Baumarkt current dividend yield, its reliability and sustainability?

Dividend Score


Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: HBM's dividend (1.84%) is higher than the bottom 25% of dividend payers in the German market (1.37%).

High Dividend: HBM's dividend (1.84%) is low compared to the top 25% of dividend payers in the German market (4.25%).

Stability and Growth of Payments

Stable Dividend: HBM's dividends per share have been stable in the past 10 years.

Growing Dividend: HBM's dividend payments have increased over the past 10 years.

Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (15.2%), HBM's dividend payments are well covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (16.2%), HBM's dividend payments are well covered by cash flows.

Discover strong dividend paying companies


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


Average management tenure


Erich Harsch (60 yo)



Mr. Erich Harsch serves as Chairman of Management Board and Chief Executive Officer at HORNBACH Baumarkt AG since January 1, 2020. He serves as a Member of Supervisory Board at Hornbach Immobilien Ag since...

Leadership Team

Experienced Management: HBM's management team is seasoned and experienced (7.5 years average tenure).

Board Members

Experienced Board: HBM's board of directors are considered experienced (8.8 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.

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Company Information

HORNBACH Baumarkt AG's employee growth, exchange listings and data sources

Key Information

  • Name: HORNBACH Baumarkt AG
  • Ticker: HBM
  • Exchange: XTRA
  • Founded: 1877
  • Industry: Home Improvement Retail
  • Sector: Retail
  • Implied Market Cap: €1.559b
  • Shares outstanding: 31.81m
  • Website:

Number of Employees


  • HORNBACH Baumarkt AG
  • Hornbachstrasse 11
  • Bornheim
  • North Rhine-Westphalia
  • 76879
  • Germany


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/24 00:00
End of Day Share Price2022/02/28 00:00
Annual Earnings2022/02/28

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.