Brødrene Hartmann A/S

CPSE:HART Stock Report

Market Cap: DKK 2.4b

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

Brødrene Hartmann Past Earnings Performance

Past criteria checks 1/6

Brødrene Hartmann's earnings have been declining at an average annual rate of -6.8%, while the Packaging industry saw earnings growing at 12.4% annually. Revenues have been growing at an average rate of 10.1% per year. Brødrene Hartmann's return on equity is 12.5%, and it has net margins of 4.8%.

Key information

-6.80%

Earnings growth rate

-6.80%

EPS growth rate

Packaging Industry Growth9.45%
Revenue growth rate10.07%
Return on equity12.48%
Net Margin4.83%
Last Earnings Update30 Sep 2023

Recent past performance updates

Recent updates

Analysis Article Sep 28

Calculating The Intrinsic Value Of Brødrene Hartmann A/S (CPH:HART)

Key Insights Using the 2 Stage Free Cash Flow to Equity, Brødrene Hartmann fair value estimate is kr.293 Current share...
Analysis Article Mar 02

Brødrene Hartmann (CPH:HART) May Have Issues Allocating Its Capital

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article Dec 30

Does Brødrene Hartmann (CPH:HART) Have A Healthy Balance Sheet?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Nov 17

Here's What's Concerning About Brødrene Hartmann's (CPH:HART) Returns On Capital

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article Aug 23

These 4 Measures Indicate That Brødrene Hartmann (CPH:HART) Is Using Debt Extensively

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Analysis Article Mar 07

We Think Brødrene Hartmann (CPH:HART) Is Taking Some Risk With Its Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Nov 23

Weak Statutory Earnings May Not Tell The Whole Story For Brødrene Hartmann (CPH:HART)

The subdued market reaction suggests that Brødrene Hartmann A/S' ( CPH:HART ) recent earnings didn't contain any...
Analysis Article Aug 11

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...
Analysis Article Jun 14

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...
Analysis Article May 27

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...
Analysis Article Apr 20

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...
Analysis Article Feb 26

The Trend Of High Returns At Brødrene Hartmann (CPH:HART) Has Us Very Interested

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...
Analysis Article Feb 04

Brødrene Hartmann A/S' (CPH:HART) Recent Stock Performance Looks Decent- Can Strong Fundamentals Be the Reason?

Most readers would already know that Brødrene Hartmann's (CPH:HART) stock increased by 3.5% over the past week. Given...
Analysis Article Jan 14

Brødrene Hartmann (CPH:HART) Has A Pretty Healthy Balance Sheet

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analysis Article Dec 25

Did You Participate In Any Of Brødrene Hartmann's (CPH:HART) Fantastic 114% Return ?

Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the...
Analysis Article Dec 07

Is Now The Time To Put Brødrene Hartmann (CPH:HART) On Your Watchlist?

It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
Analysis Article Nov 22

Why We Like The Returns At Brødrene Hartmann (CPH:HART)

What trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...
Analysis Article Jul 27

Cautious Investors Not Rewarding Brødrene Hartmann A/S' (CPH:HART) Performance Completely

It's not a stretch to say that Brødrene Hartmann A/S' (CPH:HART) price-to-earnings (or "P/E") ratio of 16.4x right now...
Analysis Article Jul 08

Do Its Financials Have Any Role To Play In Driving Brødrene Hartmann A/S' (CPH:HART) Stock Up Recently?

Brødrene Hartmann (CPH:HART) has had a great run on the share market with its stock up by a significant 35% over the...

Revenue & Expenses Breakdown

How Brødrene Hartmann makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

CPSE:HART Revenue, expenses and earnings (DKK Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 233,4831686120
30 Jun 233,5211635980
31 Mar 233,5111276020
31 Dec 223,350615860
30 Sep 223,088-375590
30 Jun 222,836-615310
31 Mar 222,682-295000
31 Dec 212,666754740
30 Sep 212,6202524690
30 Jun 212,6193084620
31 Mar 212,6413444650
31 Dec 202,5672744730
30 Sep 202,5482664630
30 Jun 202,5322534620
31 Mar 202,4231884580
31 Dec 192,3561674540
30 Sep 192,3291404540
30 Jun 192,191914370
31 Mar 192,180754310
31 Dec 182,207964240
30 Sep 182,183924000
30 Jun 182,2871454150
31 Mar 182,2591374170
31 Dec 172,2071224220
30 Sep 172,1661374280
30 Jun 172,0911234290
31 Mar 172,1141654230
31 Dec 162,0961754210
30 Sep 162,1372124350
30 Jun 162,1631424400
31 Mar 162,1071074450
31 Dec 152,1331114550
30 Sep 152,047834310
30 Jun 151,9121394030
31 Mar 151,7821413820
31 Dec 141,6151193510
30 Sep 141,5471033560
30 Jun 141,5501153500
31 Mar 141,5691163540
31 Dec 131,579863500
30 Sep 131,571783500
30 Jun 131,568643530
31 Mar 131,555633460
31 Dec 121,544933440

Quality Earnings: HART has a large one-off loss of DKK151.6M impacting its last 12 months of financial results to 30th September, 2023.

Growing Profit Margin: HART became profitable in the past.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: HART's earnings have declined by 6.8% per year over the past 5 years.

Accelerating Growth: HART has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: HART has become profitable in the last year, making it difficult to compare its past year earnings growth to the Packaging industry (22%).


Return on Equity

High ROE: HART's Return on Equity (12.5%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/12/21 01:45
End of Day Share Price 2023/12/20 00:00
Earnings2023/09/30
Annual Earnings2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Brødrene Hartmann A/S is covered by 3 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Frederikke Due OlsenCarnegie Investment Bank AB
Kenneth LeilingDanske Bank
Dan WejseNordea Markets