HORNBACH Baumarkt
Market Cap
€1.1b
Last Updated
2021/01/21 19:14 UTC
Data Sources
Company Financials +
Executive Summary
HORNBACH Baumarkt AG operates as a do-it-yourself (DIY) retail company in Germany, Austria, the Czech Republic, Luxembourg, the Netherlands, Romania, Slovakia, Sweden, and Switzerland. More Details
Rewards
Risk Analysis
Earnings are forecast to decline by an average of 12.7% per year for the next 3 years
Snowflake Analysis
Solid track record established dividend payer.
Similar Companies
Share Price & News
How has HORNBACH Baumarkt's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HBMD is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: HBMD's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
0%
HBMD
-1.1%
GB Specialty Retail
-0.6%
GB Market
1 Year Return
64.0%
HBMD
0.9%
GB Specialty Retail
-6.5%
GB Market
Return vs Industry: HBMD exceeded the UK Specialty Retail industry which returned 0.9% over the past year.
Return vs Market: HBMD exceeded the UK Market which returned -6.5% over the past year.
Shareholder returns
| HBMD | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | -1.1% | -0.6% |
| 30 Day | -7.4% | 3.0% | 5.2% |
| 90 Day | -7.5% | 2.9% | 15.1% |
| 1 Year | 67.5%64.0% | 1.2%0.9% | -2.7%-6.5% |
| 3 Year | 21.1%11.5% | 12.7%5.0% | 5.1%-7.7% |
| 5 Year | 56.9%37.6% | 11.8%-3.2% | 46.8%18.2% |
Long-Term Price Volatility Vs. Market
How volatile is HORNBACH Baumarkt's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is HORNBACH Baumarkt undervalued compared to its fair value and its price relative to the market?
5.39x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: HBMD (€35.25) is trading above our estimate of fair value (€31.41)
Significantly Below Fair Value: HBMD is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: HBMD is good value based on its PE Ratio (5.4x) compared to the GB Specialty Retail industry average (19.5x).
PE vs Market: HBMD is good value based on its PE Ratio (5.4x) compared to the UK market (23.1x).
Price to Earnings Growth Ratio
PEG Ratio: HBMD's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: HBMD is good value based on its PB Ratio (0.8x) compared to the GB Specialty Retail industry average (1.6x).
Next Steps
Future Growth
How is HORNBACH Baumarkt forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
-12.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HBMD's earnings are forecast to decline over the next 3 years (-12.7% per year).
Earnings vs Market: HBMD's earnings are forecast to decline over the next 3 years (-12.7% per year).
High Growth Earnings: HBMD's earnings are forecast to decline over the next 3 years.
Revenue vs Market: HBMD's revenue (3.3% per year) is forecast to grow slower than the UK market (6.5% per year).
High Growth Revenue: HBMD's revenue (3.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HBMD's Return on Equity is forecast to be low in 3 years time (10.1%).
Next Steps
Past Performance
How has HORNBACH Baumarkt performed over the past 5 years?
18.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HBMD has high quality earnings.
Growing Profit Margin: HBMD's current net profit margins (3.9%) are higher than last year (1.6%).
Past Earnings Growth Analysis
Earnings Trend: HBMD's earnings have grown by 18.7% per year over the past 5 years.
Accelerating Growth: HBMD's earnings growth over the past year (195.4%) exceeds its 5-year average (18.7% per year).
Earnings vs Industry: HBMD earnings growth over the past year (195.4%) exceeded the Specialty Retail industry -13.3%.
Return on Equity
High ROE: HBMD's Return on Equity (14.8%) is considered low.
Next Steps
Financial Health
How is HORNBACH Baumarkt's financial position?
Financial Position Analysis
Short Term Liabilities: HBMD's short term assets (€1.5B) exceed its short term liabilities (€797.7M).
Long Term Liabilities: HBMD's short term assets (€1.5B) do not cover its long term liabilities (€1.7B).
Debt to Equity History and Analysis
Debt Level: HBMD's debt to equity ratio (44.2%) is considered high.
Reducing Debt: HBMD's debt to equity ratio has increased from 22.2% to 44.2% over the past 5 years.
Debt Coverage: HBMD's debt is well covered by operating cash flow (92.8%).
Interest Coverage: HBMD's interest payments on its debt are well covered by EBIT (6x coverage).
Balance Sheet
Next Steps
Dividend
What is HORNBACH Baumarkt current dividend yield, its reliability and sustainability?
2.02%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HBMD's dividend (2.02%) is higher than the bottom 25% of dividend payers in the UK market (1.5%).
High Dividend: HBMD's dividend (2.02%) is low compared to the top 25% of dividend payers in the UK market (4.55%).
Stability and Growth of Payments
Stable Dividend: HBMD's dividends per share have been stable in the past 10 years.
Growing Dividend: HBMD's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (10.9%), HBMD's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: HBMD's dividends in 3 years are forecast to be well covered by earnings (20.4% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
7.5yrs
Average management tenure
CEO
Erich Harsch (58 yo)
1
Tenure
Mr. Erich Harsch serves as Chairman of Management Board and Chief Executive Officer at HORNBACH Baumarkt AG since January 1, 2020. He serves as a Member of Supervisory Board at Hornbach Immobilien Ag since...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of Management Board & CEO | 1yr | no data | no data | |
| CFO & Deputy Chairman of Management Board | 12.08yrs | no data | no data | |
| Member of Management Board | 14.08yrs | no data | no data | |
| Member of Management Board | 8.83yrs | no data | no data | |
| Marketing | 6.25yrs | no data | no data | |
| CTO & Member of Management Board | 6yrs | no data | no data | |
| Member of Management Board | no data | no data | no data | |
| Group Communications & Investor Relations Director | no data | no data | no data | |
| Optv Head of Workplace Safety & Fire Prevention and Employee Representative Supervisory Board Member | 7.5yrs | no data | no data | |
| Head of Group Controlling | no data | no data | no data | |
| Head of Property Development | no data | no data | no data |
7.5yrs
Average Tenure
52yo
Average Age
Experienced Management: HBMD's management team is seasoned and experienced (7.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Optv Head of Workplace Safety & Fire Prevention and Employee Representative Supervisory Board Member | 7.5yrs | no data | no data | |
| Independent Deputy Chairman of the Board | 2.5yrs | no data | no data | |
| Employee Representative Supervisory Board Member | 2.5yrs | no data | no data | |
| Chairman of Supervisory Board | 11.83yrs | no data | no data | |
| Independent Member of Supervisory Board | 14.5yrs | no data | no data | |
| Independent Member of Supervisory Board | 15.33yrs | no data | no data | |
| Employee Representative Deputy Chairman of Supervisory Board | 12.5yrs | no data | no data | |
| Employee Representative Supervisory Board Member | 7.5yrs | no data | no data | |
| Employee Representative Supervisory Board Member | 7.5yrs | no data | no data | |
| Member of Supervisory Board | 5.5yrs | no data | no data | |
| Supervisory Board Member | 2.5yrs | no data | no data | |
| Employee Representative Supervisory Board Member | 2.5yrs | no data | no data |
7.5yrs
Average Tenure
55yo
Average Age
Experienced Board: HBMD's board of directors are considered experienced (7.5 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
HORNBACH Baumarkt AG's company bio, employee growth, exchange listings and data sources
Key Information
- Name: HORNBACH Baumarkt AG
- Ticker: HBMD
- Exchange: BATS-CHIXE
- Founded: 1877
- Industry: Home Improvement Retail
- Sector: Retail
- Market Cap: €1.072b
- Shares outstanding: 31.81m
- Website: https://www.hornbach.com
Number of Employees
Location
- HORNBACH Baumarkt AG
- Hornbachstrasse
- Bornheim
- North Rhine-Westphalia
- 76878
- Germany
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| HBM | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Nov 1993 |
| HBM | XTRA (XETRA Trading Platform) | Yes | Common Stock | DE | EUR | Nov 1993 |
| 0ENN | LSE (London Stock Exchange) | Yes | Common Stock | GB | EUR | Nov 1993 |
| HBAU.F | OTCPK (Pink Sheets LLC) | Yes | Common Stock | US | USD | Nov 1993 |
| HBMD | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Common Stock | GB | EUR | Nov 1993 |
Biography
HORNBACH Baumarkt AG operates as a do-it-yourself (DIY) retail company in Germany, Austria, the Czech Republic, Luxembourg, the Netherlands, Romania, Slovakia, Sweden, and Switzerland. It operates through ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/21 19:14 |
| End of Day Share Price | 2021/01/05 00:00 |
| Earnings | 2020/11/30 |
| Annual Earnings | 2020/02/29 |
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.