DB:HBM

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HORNBACH Baumarkt

Executive Summary

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. More Details


Snowflake Analysis

Solid track record established dividend payer.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: HBM has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-7.2%

HBM

-1.5%

DE Specialty Retail

-3.2%

DE Market


1 Year Return

102.4%

HBM

12.7%

DE Specialty Retail

0.2%

DE Market

Return vs Industry: HBM exceeded the German Specialty Retail industry which returned 12.7% over the past year.

Return vs Market: HBM exceeded the German Market which returned 0.2% over the past year.


Shareholder returns

HBMIndustryMarket
7 Day-7.2%-1.5%-3.2%
30 Day-6.9%7.0%1.0%
90 Day21.4%8.8%-2.9%
1 Year106.8%102.4%13.1%12.7%3.4%0.2%
3 Year29.2%18.9%-16.6%-20.8%1.0%-7.8%
5 Year32.3%15.9%3.5%-43.4%21.1%3.8%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

6.69x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: HBM (€38.05) is trading above our estimate of fair value (€27.98)

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


Price To Earnings Ratio

PE vs Industry: HBM is good value based on its PE Ratio (6.7x) compared to the XE Specialty Retail industry average (16.5x).

PE vs Market: HBM is good value based on its PE Ratio (6.7x) compared to the German market (22.6x).


Price to Earnings Growth Ratio

PEG Ratio: HBM's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: HBM is good value based on its PB Ratio (0.9x) compared to the DE Specialty Retail industry average (2.9x).


Next Steps

Future Growth

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

-9.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HBM's earnings are forecast to decline over the next 3 years (-9.8% per year).

Earnings vs Market: HBM's earnings are forecast to decline over the next 3 years (-9.8% per year).

High Growth Earnings: HBM's earnings are forecast to decline over the next 3 years.

Revenue vs Market: HBM's revenue (3.7% per year) is forecast to grow slower than the German market (6.1% per year).

High Growth Revenue: HBM's revenue (3.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: HBM's Return on Equity is forecast to be low in 3 years time (10.1%).


Next Steps

Past Performance

How has HORNBACH Baumarkt performed over the past 5 years?

10.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HBM has high quality earnings.

Growing Profit Margin: HBM's current net profit margins (3.7%) are higher than last year (1.3%).


Past Earnings Growth Analysis

Earnings Trend: HBM's earnings have grown by 10.2% per year over the past 5 years.

Accelerating Growth: HBM's earnings growth over the past year (223.1%) exceeds its 5-year average (10.2% per year).

Earnings vs Industry: HBM earnings growth over the past year (223.1%) exceeded the Specialty Retail industry -17.7%.


Return on Equity

High ROE: HBM's Return on Equity (13.9%) is considered low.


Next Steps

Financial Health

How is HORNBACH Baumarkt's financial position?


Financial Position Analysis

Short Term Liabilities: HBM's short term assets (€1.5B) exceed its short term liabilities (€806.0M).

Long Term Liabilities: HBM's short term assets (€1.5B) do not cover its long term liabilities (€1.7B).


Debt to Equity History and Analysis

Debt Level: HBM's debt to equity ratio (45.5%) is considered high.

Reducing Debt: HBM's debt to equity ratio has increased from 25.7% to 45.5% over the past 5 years.

Debt Coverage: HBM's debt is well covered by operating cash flow (85.5%).

Interest Coverage: HBM's interest payments on its debt are well covered by EBIT (5.5x coverage).


Balance Sheet


Next Steps

Dividend

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

1.77%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: HBM's dividend (1.77%) is higher than the bottom 25% of dividend payers in the German market (1.22%).

High Dividend: HBM's dividend (1.77%) is low compared to the top 25% of dividend payers in the German market (3.77%).


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.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (11.8%), HBM's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: HBM's dividends in 3 years are forecast to be well covered by earnings (20.6% payout ratio).


Next Steps

Management

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

7.3yrs

Average management tenure


CEO

Erich Harsch (58 yo)

0.75

Tenure

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

NamePositionTenureCompensationOwnership
Erich Harsch
Chairman of Management Board & CEO0.75yrno datano data
Roland Pelka
CFO & Deputy Chairman of Management Board11.83yrsno datano data
Susanne Jäger
Member of Management Board13.83yrsno datano data
Ingo Leiner
Member of Management Board8.58yrsno datano data
Karsten Kühn
Marketing6yrsno datano data
Andreas Schobert
CTO & Member of Management Board5.75yrsno datano data
Axel Müller
Group Communications & Investor Relations Directorno datano datano data
Christian Garrecht
Optv Head of Workplace Safety & Fire Prevention and Employee Representative Supervisory Board Member7.25yrsno datano data
Thomas Wieder
Head of Group Controllingno datano datano data
Manfred Kummer
Head of Property Developmentno datano datano data

7.3yrs

Average Tenure

53.5yo

Average Age

Experienced Management: HBM's management team is seasoned and experienced (7.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Christian Garrecht
Optv Head of Workplace Safety & Fire Prevention and Employee Representative Supervisory Board Member7.25yrsno datano data
John Feldmann
Independent Deputy Chairman of the Board2.25yrsno datano data
Johannes Otto
Employee Representative Supervisory Board Member2.25yrsno datano data
Albrecht Hornbach
Chairman of Supervisory Board11.58yrsno datano data
Martin Hornbach
Independent Member of Supervisory Board14.25yrsno datano data
Jens Wulfsberg
Independent Member of Supervisory Board15.08yrsno datano data
Kay Strelow
Employee Representative Deputy Chairman of Supervisory Board12.25yrsno datano data
Mohamed Elaouch
Employee Representative Supervisory Board Member7.25yrsno datano data
Brigitte Mauer
Employee Representative Supervisory Board Member7.25yrsno datano data
Georg Hornbach
Member of Supervisory Board5.25yrsno datano data
Melanie Thomann-Bopp
Supervisory Board Member2.25yrsno datano data
Markus Lass
Employee Representative Supervisory Board Member2.25yrsno datano data

7.3yrs

Average Tenure

55yo

Average Age

Experienced Board: HBM's board of directors are considered experienced (7.3 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

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


Key Information

  • Name: HORNBACH Baumarkt AG
  • Ticker: HBM
  • Exchange: DB
  • Founded: 1877
  • Industry: Home Improvement Retail
  • Sector: Retail
  • Market Cap: €1.221b
  • Shares outstanding: 31.81m
  • Website: https://www.hornbach.com

Number of Employees


Location

  • HORNBACH Baumarkt AG
  • Hornbachstrasse
  • Bornheim
  • North Rhine-Westphalia
  • 76878
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HBMDB (Deutsche Boerse AG)YesCommon StockDEEURNov 1993
HBMXTRA (XETRA Trading Platform)YesCommon StockDEEURNov 1993
0ENNLSE (London Stock Exchange)YesCommon StockGBEURNov 1993
HBAU.FOTCPK (Pink Sheets LLC)YesCommon StockUSUSDNov 1993
HBMDBATS-CHIXE (BATS 'Chi-X Europe')YesCommon StockGBEURNov 1993

Biography

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 ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/22 20:46
End of Day Share Price2020/10/22 00:00
Earnings2020/08/31
Annual Earnings2020/02/29


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.