XTRA:HLAG

Stock Analysis Report

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Executive Summary

Hapag-Lloyd Aktiengesellschaft, together with its subsidiaries, operates as a liner shipping company worldwide. More Details


Snowflake Analysis

Solid track record and overvalued.


Similar Companies

Share Price & News

How has Hapag-Lloyd's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-5.2%

HLAG

0.2%

DE Shipping

-0.4%

DE Market


1 Year Return

-29.1%

HLAG

4.8%

DE Shipping

5.7%

DE Market

Return vs Industry: HLAG underperformed the German Shipping industry which returned 4.8% over the past year.

Return vs Market: HLAG underperformed the German Market which returned 5.7% over the past year.


Shareholder returns

HLAGIndustryMarket
7 Day-5.2%0.2%-0.4%
30 Day-11.8%-2.0%1.9%
90 Day-19.3%9.1%4.8%
1 Year-28.1%-29.1%7.9%4.8%8.2%5.7%
3 Year23.5%17.8%-2.4%-15.1%5.9%-2.7%
5 Yearn/a30.3%5.8%35.9%17.3%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Hapag-Lloyd undervalued compared to its fair value and its price relative to the market?

16.35x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: HLAG (€46.75) is trading above our estimate of fair value (€37.26)

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


Price To Earnings Ratio

PE vs Industry: HLAG is poor value based on its PE Ratio (16.3x) compared to the XE Shipping industry average (14.3x).

PE vs Market: HLAG is good value based on its PE Ratio (16.3x) compared to the German market (21.9x).


Price to Earnings Growth Ratio

PEG Ratio: HLAG is poor value based on its PEG Ratio (1.3x)


Price to Book Ratio

PB vs Industry: HLAG is overvalued based on its PB Ratio (1.2x) compared to the XE Shipping industry average (0.7x).


Next Steps

Future Growth

How is Hapag-Lloyd forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?

12.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HLAG's forecast earnings growth (12.5% per year) is above the savings rate (0.2%).

Earnings vs Market: HLAG's earnings (12.5% per year) are forecast to grow slower than the German market (27.7% per year).

High Growth Earnings: HLAG's earnings are forecast to grow, but not significantly.

Revenue vs Market: HLAG's revenue (2.2% per year) is forecast to grow slower than the German market (6.1% per year).

High Growth Revenue: HLAG's revenue (2.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: HLAG's Return on Equity is forecast to be low in 3 years time (9%).


Next Steps

Past Performance

How has Hapag-Lloyd performed over the past 5 years?

72.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HLAG has high quality earnings.

Growing Profit Margin: HLAG's current net profit margins (3.9%) are higher than last year (2.3%).


Past Earnings Growth Analysis

Earnings Trend: HLAG has become profitable over the past 5 years, growing earnings by 72.3% per year.

Accelerating Growth: HLAG's earnings growth over the past year (77.6%) exceeds its 5-year average (72.3% per year).

Earnings vs Industry: HLAG earnings growth over the past year (77.6%) exceeded the Shipping industry -25.7%.


Return on Equity

High ROE: HLAG's Return on Equity (7.7%) is considered low.


Next Steps

Financial Health

How is Hapag-Lloyd's financial position?


Financial Position Analysis

Short Term Liabilities: HLAG's short term assets (€3.2B) do not cover its short term liabilities (€4.3B).

Long Term Liabilities: HLAG's short term assets (€3.2B) do not cover its long term liabilities (€6.1B).


Debt to Equity History and Analysis

Debt Level: HLAG's debt to equity ratio (86.8%) is considered high.

Reducing Debt: HLAG's debt to equity ratio has increased from 80.6% to 86.8% over the past 5 years.

Debt Coverage: HLAG's debt is well covered by operating cash flow (40.5%).

Interest Coverage: HLAG's interest payments on its debt are not well covered by EBIT (2.4x coverage).


Balance Sheet


Next Steps

Dividend

What is Hapag-Lloyd current dividend yield, its reliability and sustainability?

0.32%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: HLAG's dividend (0.32%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.15%).

High Dividend: HLAG's dividend (0.32%) is low compared to the top 25% of dividend payers in the German market (3.64%).


Stability and Growth of Payments

Stable Dividend: HLAG is not paying a notable dividend for the German market, therefore no need to check if payments are stable.

Growing Dividend: HLAG is not paying a notable dividend for the German market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: HLAG is not paying a notable dividend for the German market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of HLAG'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?

2.4yrs

Average management tenure


CEO

Rolf Jansen (54 yo)

6.17yrs

Tenure

€2,231,959

Compensation

Mr. Rolf Habben-Jansen has been the Chief Executive Officer and Chairman of the Executive Board at Hapag-Lloyd AG since July 1, 2014 and has been its Member of Executive Board since April 1, 2014. Mr. Habb ...


CEO Compensation Analysis

Compensation vs Market: Rolf's total compensation ($USD2.65M) is below average for companies of similar size in the German market ($USD5.27M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Rolf Jansen
Chairman of the Executive Board & CEO6.17yrs€2.23mno data
Mark Frese
CFO & Member of Executive Board0.58yr€701.59kno data
Joachim Schlotfeldt
Chief Personnel & Global Procurement Officer2.42yrs€1.60mno data
Maximilian Rothkopf
COO & Member of Executive Board1.33yrs€1.13mno data
Arnold Lipinski
Head of Marine Human Resources & Member of Supervisory Boardno data€91.50kno data
Felix Albrecht
Member of Supervisory Board & Second Engineer Officer1.5yrs€50.57kno data
Ralf Belusa
Managing Director3.67yrsno datano data
Heiko Hoffmann
Senior Director of Investor Relationsno datano datano data
Thomas Mansfeld
Chief Compliance Officerno datano datano data
Glenn Hards
Managing Director of Central Operationsno datano datano data
Jorge Terradas
Senior Director of HR Managementno datano datano data

2.4yrs

Average Tenure

55yo

Average Age

Experienced Management: HLAG's management team is considered experienced (2.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Arnold Lipinski
Head of Marine Human Resources & Member of Supervisory Boardno data€91.50kno data
Felix Albrecht
Member of Supervisory Board & Second Engineer Officer1.5yrs€50.57kno data
José Francisco Pérez Mackenna
Member of Supervisory Board5.75yrs€72.90kno data
Michael Behrendt
Chairman of Supervisory Board5.75yrs€195.40kno data
Karl Gernandt
Member of Supervisory Boardno data€118.70kno data
Uwe Zimmermann
Member of Supervisory Board4.08yrs€91.50kno data
Oscar Hasbún Martinez
Independent Second Deputy Chairman of Supervisory Board0.67yr€92.50kno data
Nicola Gehrt
Independent Member of Supervisory Board4.08yrs€58.90kno data
Sabine Nieswand
Member of Supervisory Board4.08yrs€72.90kno data
Klaus Schroeter
First Deputy Chairman of Supervisory Board1.83yrs€119.00kno data
Annabell Kröger
Member of Supervisory Board3.25yrs€77.50kno data
Turqi Abdulrahman Alnowaiser
Member of Supervisory Board2.58yrs€76.00kno data

3.7yrs

Average Tenure

58yo

Average Age

Experienced Board: HLAG's board of directors are considered experienced (3.7 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

Hapag-Lloyd Aktiengesellschaft's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Hapag-Lloyd Aktiengesellschaft
  • Ticker: HLAG
  • Exchange: XTRA
  • Founded: 1847
  • Industry: Marine
  • Sector: Transportation
  • Market Cap: €8.217b
  • Shares outstanding: 175.76m
  • Website: https://www.hapag-lloyd.com

Number of Employees


Location

  • Hapag-Lloyd Aktiengesellschaft
  • Ballindamm 25
  • Hamburg
  • Hamburg
  • 20095
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HLAGDB (Deutsche Boerse AG)YesOrdinary SharesDEEURNov 2015
HLAGXTRA (XETRA Trading Platform)YesOrdinary SharesDEEURNov 2015
HLAGSWX (SIX Swiss Exchange)YesOrdinary SharesCHCHFNov 2015
HLAGDBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURNov 2015
0RCGLSE (London Stock Exchange)YesOrdinary SharesGBEURNov 2015
HLAGWBAG (Wiener Boerse AG)YesOrdinary SharesATEURNov 2015
HLAG.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDNov 2015
HLAGETLX (Eurotlx)YesOrdinary SharesITEURNov 2015
HPGL.YOTCPK (Pink Sheets LLC)UNSPONSORED ADRUSUSDFeb 2016
HLAADB (Deutsche Boerse AG)UNSPONSORED ADRDEEURFeb 2016

Biography

Hapag-Lloyd Aktiengesellschaft, together with its subsidiaries, operates as a liner shipping company worldwide. The company engages in the shipping of containers by sea; and provision of door to door trans ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/20 03:31
End of Day Share Price2020/09/18 00:00
Earnings2020/06/30
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.