Brødrene Hartmann A/S produces and sells moulded-fibre packaging for eggs and fruits in Denmark, rest of Europe, North and South America, and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||kr.392.50|
|52 Week High||kr.349.00|
|52 Week Low||kr.659.00|
|1 Month Change||2.88%|
|3 Month Change||-23.49%|
|1 Year Change||-25.10%|
|3 Year Change||25.80%|
|5 Year Change||15.78%|
|Change since IPO||-4.27%|
Recent News & Updates
Does Brødrene Hartmann (CPH:HART) Have A Healthy Balance Sheet?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Returns on Capital Paint A Bright Future For Brødrene Hartmann (CPH:HART)
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...
Here's Why I Think Brødrene Hartmann (CPH:HART) Is An Interesting Stock
Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
We Take A Look At Why Brødrene Hartmann A/S' (CPH:HART) CEO Compensation Is Well Earned
We have been pretty impressed with the performance at Brødrene Hartmann A/S ( CPH:HART ) recently and CEO Torben...
|HART||DK Packaging||DK Market|
Return vs Industry: HART underperformed the Danish Packaging industry which returned 17.9% over the past year.
Return vs Market: HART underperformed the Danish Market which returned 29.5% over the past year.
Stable Share Price: HART is not significantly more volatile than the rest of Danish stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: HART's weekly volatility (6%) has been stable over the past year.
About the Company
Brødrene Hartmann A/S produces and sells moulded-fibre packaging for eggs and fruits in Denmark, rest of Europe, North and South America, and internationally. It provides retail and transport packaging for eggs. The company also offers protective egg trays for transport; and egg cartons, as well as produces and sells technology and machinery to manufacturers of moulded-fibre packaging.
Brødrene Hartmann Fundamentals Summary
|HART fundamental statistics|
Is HART overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|HART income statement (TTM)|
|Cost of Revenue||kr.1.75b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Nov 16, 2021
|Earnings per share (EPS)||44.50|
|Net Profit Margin||11.60%|
How did HART perform over the long term?See historical performance and comparison
Is Brødrene Hartmann 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: HART (DKK392.5) is trading below our estimate of fair value (DKK690.45)
Significantly Below Fair Value: HART is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HART is good value based on its PE Ratio (8.8x) compared to the European Packaging industry average (16.5x).
PE vs Market: HART is good value based on its PE Ratio (8.8x) compared to the Danish market (16.7x).
Price to Earnings Growth Ratio
PEG Ratio: HART's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: HART's PB Ratio (2.2x) is in line with the XE Packaging industry average.
How is Brødrene Hartmann forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HART's earnings are forecast to decline over the next 3 years (-3.6% per year).
Earnings vs Market: HART's earnings are forecast to decline over the next 3 years (-3.6% per year).
High Growth Earnings: HART's earnings are forecast to decline over the next 3 years.
Revenue vs Market: HART's revenue (5.2% per year) is forecast to grow slower than the Danish market (7.3% per year).
High Growth Revenue: HART's revenue (5.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HART's Return on Equity is forecast to be low in 3 years time (14.9%).
How has Brødrene Hartmann performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HART has high quality earnings.
Growing Profit Margin: HART's current net profit margins (11.6%) are higher than last year (10%).
Past Earnings Growth Analysis
Earnings Trend: HART's earnings have grown by 16.3% per year over the past 5 years.
Accelerating Growth: HART's earnings growth over the past year (21.8%) exceeds its 5-year average (16.3% per year).
Earnings vs Industry: HART earnings growth over the past year (21.8%) underperformed the Packaging industry 28.5%.
Return on Equity
High ROE: HART's Return on Equity (24.4%) is considered high.
How is Brødrene Hartmann's financial position?
Financial Position Analysis
Short Term Liabilities: HART's short term assets (DKK991.6M) exceed its short term liabilities (DKK625.3M).
Long Term Liabilities: HART's short term assets (DKK991.6M) exceed its long term liabilities (DKK844.0M).
Debt to Equity History and Analysis
Debt Level: HART's debt to equity ratio (65.4%) is considered high.
Reducing Debt: HART's debt to equity ratio has reduced from 97.9% to 65.4% over the past 5 years.
Debt Coverage: HART's debt is well covered by operating cash flow (50%).
Interest Coverage: HART's interest payments on its debt are well covered by EBIT (38.4x coverage).
What is Brødrene Hartmann current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate HART's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate HART's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if HART's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if HART's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: HART is not paying a notable dividend for the Danish market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of HART's dividend in 3 years as they are not forecast to pay a notable one for the Danish market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Torben Rosenkrantz-Theil (46 yo)
Mr. Torben Rosenkrantz-Theil has been the Chief Executive Officer of Brødrene Hartmann A/S since March 15, 2018 and has been its Member of the Executive Board since 2018. Mr. Rosenkrantz-Theil served as Se...
CEO Compensation Analysis
Compensation vs Market: Torben's total compensation ($USD953.91K) is above average for companies of similar size in the Danish market ($USD687.84K).
Compensation vs Earnings: Torben's compensation has been consistent with company performance over the past year.
Experienced Management: HART's management team is considered experienced (3.6 years average tenure).
Experienced Board: HART's board of directors are considered experienced (3.8 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Brødrene Hartmann A/S's employee growth, exchange listings and data sources
- Name: Brødrene Hartmann A/S
- Ticker: HART
- Exchange: CPSE
- Founded: 1917
- Industry: Paper Packaging
- Sector: Materials
- Market Cap: kr.2.714b
- Shares outstanding: 6.92m
- Website: https://www.hartmann-packaging.com/world/
Number of Employees
- Brødrene Hartmann A/S
- Ørnegårdsvej 18
- Capital Region of Denmark
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/22 20:57|
|End of Day Share Price||2021/10/22 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.