Market Cap
€4.4b
Last Updated
2020/01/26 22:26 UTC
Data Sources
Company Financials
Executive Summary
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.
Snowflake Analysis
Weak fundamentals or lack of information.
Similar Companies
Share Price & News
How has H&K's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MLHK's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
0%
MLHK
1.7%
FR Aerospace & Defense
-1.4%
FR Market
1 Year Return
3.2%
MLHK
30.7%
FR Aerospace & Defense
21.1%
FR Market
Return vs Industry: MLHK underperformed the French Aerospace & Defense industry which returned 29.2% over the past year.
Return vs Market: MLHK underperformed the French Market which returned 24.9% over the past year.
Shareholder returns
| MLHK | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | 1.7% | -1.4% |
| 30 Day | 6.7% | 4.1% | 0.3% |
| 90 Day | n/a | 8.4% | 5.8% |
| 1 Year | 3.2%3.2% | 32.7%30.7% | 25.4%21.1% |
| 3 Year | 128.8%40.3% | 95.7%86.7% | 43.2%29.6% |
| 5 Year | n/a | 166.7%143.4% | 63.1%39.5% |
Price Volatility Vs. Market
How volatile is H&K's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall St
How Does H&K AG (EPA:MLHK) Affect Your Portfolio Volatility?4 months ago | Simply Wall St
The H&K (EPA:MLHK) Share Price Is Down 30% So Some Shareholders Are Getting Worried6 months ago | Simply Wall St
Is H&K (EPA:MLHK) Using Too Much Debt?Valuation
Is H&K undervalued compared to its fair value and its price relative to the market?
In this section, we usually try to help investors determine whether H&K is trading at an attractive price based on the cash flow it is expected to produce in the future. But as H&K has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.
This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.
Next Steps
- Take a look at our analysis of MLHK’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through H&K regulatory filings.
- Explore potentially undervalued companies in the Capital Goods industry.
Future Growth
How is H&K forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
14.6%
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.
Next Steps
- Take a look at our analysis of MLHK’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- H&K competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
Past Performance
How has H&K performed over the past 5 years?
-48.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MLHK is currently unprofitable.
Growing Profit Margin: MLHK is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MLHK is unprofitable, and losses have increased over the past 5 years at a rate of -48% per year.
Accelerating Growth: Unable to compare MLHK's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MLHK is unprofitable, making it difficult to compare its past year earnings growth to the Aerospace & Defense industry (20.7%).
Return on Equity
High ROE: MLHK's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is H&K's financial position?
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 not well covered by operating cash flow (5.6%).
Interest Coverage: MLHK is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Inventory Level: MLHK has a high level of physical assets or inventory.
Debt Coverage by Assets: MLHK has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Next Steps
Dividend
What is H&K's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate MLHK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate MLHK's dividend yield against the top 25% of dividend payers, as the company has not reported any 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.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MLHK's dividend in 3 years as they are not forecast to pay a notable one for the French market.
Next Steps
Management
What is the CEO of H&K's salary, the management and board of directors tenure and is there insider trading?
CEO
Jens Koch (46yo)
1.7yrs
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 ...
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Management Team
Jens Koch (46yo)
Chairman of Executive Board & CEO
- Tenure: 1.7yrs
Björn Krönert
Chief Financial Officer
- Tenure: 1.3yrs
Board Members
Dieter John
Chairman of Supervisory Board
- Tenure: 3.9yrs
Nicolaus Bocklandt
Deputy Chairman of Supervisory Board
- Tenure: 3.9yrs
Jean-Christoph Arntz
Member of Supervisory Board
Company Information
H&K AG's company bio, 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
- Market Cap: €4.423b
- 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| MLHK | ENXTPA (Euronext Paris) | Yes | Share Capital | FR | EUR | Jul 2015 |
Biography
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.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/01/26 22:26 |
| End of Day Share Price | 2020/01/16 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.