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MLHK

H&K ENXTPA:MLHK Stock Report

Last Price

€132.00

Market Cap

€3.6b

7D

10.0%

1Y

51.7%

Updated

27 May, 2022

Data

Company Financials
MLHK fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance5/6
Financial Health2/6
Dividends0/6

MLHK Stock Overview

H&K AG, together with its subsidiary, develops, manufactures, markets, and distributes infantry and sidearms for federal, state, or local governmental agencies in NATO countries and the European Union.

H&K Competitors

Price History & Performance

Summary of all time highs, changes and price drops for H&K
Historical stock prices
Current Share Price€132.00
52 Week High€246.00
52 Week Low€70.00
Beta0.98
1 Month Change-12.00%
3 Month Change46.67%
1 Year Change51.72%
3 Year Change-14.84%
5 Year Change-51.43%
Change since IPO1,408.57%

Recent News & Updates

Shareholder Returns

MLHKFR Aerospace & DefenseFR Market
7D10.0%4.0%3.7%
1Y51.7%1.7%-3.7%

Return vs Industry: MLHK exceeded the French Aerospace & Defense industry which returned 3.9% over the past year.

Return vs Market: MLHK exceeded the French Market which returned -5.9% over the past year.

Price Volatility

Is MLHK's price volatile compared to industry and market?
MLHK volatility
MLHK Average Weekly Movement17.8%
Aerospace & Defense Industry Average Movement6.0%
Market Average Movement5.9%
10% most volatile stocks in FR Market10.0%
10% least volatile stocks in FR Market3.4%

Stable Share Price: MLHK is more volatile than 90% of French stocks over the past 3 months, typically moving +/- 18% a week.

Volatility Over Time: MLHK's weekly volatility has decreased from 37% to 18% over the past year, but is still higher than 75% of French stocks.

About the Company

FoundedEmployeesCEOWebsite
19491,086Jens Kochhttps://www.heckler-koch.com

H&K AG, together with its subsidiary, develops, manufactures, markets, and distributes infantry and sidearms for federal, state, or local governmental agencies in NATO countries and the European Union. It offers a range of small arms for military and law enforcement, and civil markets, such as pistols, submachine guns and pistols, assault rifles, precision rifles, machine guns, training systems, 40 MM systems, grenade launchers, and specialist equipment, as well as provides related accessories and services. The company was founded is 1949 and is based in Oberndorf am Neckar, Germany.

H&K Fundamentals Summary

How do H&K's earnings and revenue compare to its market cap?
MLHK fundamental statistics
Market Cap€3.65b
Earnings (TTM)€26.64m
Revenue (TTM)€304.31m

136.9x

P/E Ratio

12.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MLHK income statement (TTM)
Revenue€304.31m
Cost of Revenue€195.05m
Gross Profit€109.26m
Other Expenses€82.61m
Earnings€26.64m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.96
Gross Margin35.90%
Net Profit Margin8.76%
Debt/Equity Ratio-317.5%

How did MLHK perform over the long term?

See historical performance and comparison

Valuation

Is H&K undervalued compared to its fair value and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


136.94x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: MLHK (€132) is trading above our estimate of fair value (€128.47)

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


Price To Earnings Ratio

PE vs Industry: MLHK is poor value based on its Price-To-Earnings Ratio (136.9x) compared to the French Aerospace & Defense industry average (24x).

PE vs Market: MLHK is poor value based on its Price-To-Earnings Ratio (136.9x) compared to the French market (16.2x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: MLHK has negative assets, so we can't compare its Price-To-Book Ratio to the FR Aerospace & Defense industry average.


Future Growth

How is H&K forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


18.9%

Forecasted Capital Goods 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 H&K 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 H&K performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


54.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: MLHK has high quality earnings.

Growing Profit Margin: MLHK's current net profit margins (8.8%) are higher than last year (4.6%).


Past Earnings Growth Analysis

Earnings Trend: MLHK's earnings have grown significantly by 54.2% per year over the past 5 years.

Accelerating Growth: MLHK's earnings growth over the past year (113.5%) exceeds its 5-year average (54.2% per year).

Earnings vs Industry: MLHK earnings growth over the past year (113.5%) exceeded the Aerospace & Defense industry 16.3%.


Return on Equity

High ROE: MLHK's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Financial Health

How is H&K's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: MLHK has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: MLHK has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: MLHK has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: MLHK's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

Debt Coverage: MLHK's debt is well covered by operating cash flow (26.9%).

Interest Coverage: MLHK's interest payments on its debt are well covered by EBIT (3.7x coverage).


Balance Sheet


Dividend

What is H&K current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate MLHK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate MLHK'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 MLHK's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MLHK's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as MLHK has not reported any payouts.


Discover strong dividend paying companies

Management

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

1.7yrs

Average board tenure


CEO

Jens Koch (48 yo)

4yrs

Tenure

Dr.-Ing. Jens Bodo Koch serves as Chairman of Executive Board & CEO at H&K AG since May 01, 2018. He has served as Managing Director of Heckler & Koch GmbH since May 1, 2018. He serves as a Member of Manag...


Board Members

Experienced Board: MLHK's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.


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

H&K AG's employee growth, exchange listings and data sources


Key Information

  • Name: H&K AG
  • Ticker: MLHK
  • Exchange: ENXTPA
  • Founded: 1949
  • Industry: Aerospace and Defense
  • Sector: Capital Goods
  • Implied Market Cap: €3.649b
  • Shares outstanding: 27.64m
  • Website: https://www.heckler-koch.com

Number of Employees


Location

  • H&K AG
  • Heckler & Koch-Street 1
  • Oberndorf am Neckar
  • Baden-Württemberg
  • 78727
  • Germany

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/27 00:00
End of Day Share Price2022/05/27 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.