OTCPK:HLFF.F

Stock Analysis Report

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Executive Summary

HelloFresh SE delivers meal kit solutions to prepare home-cooked meals using its recipes.


Snowflake Analysis

Excellent balance sheet with proven track record.


Similar Companies

Share Price & News

How has HelloFresh's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: HLFF.F's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

11.3%

HLFF.F

6.1%

US Online Retail

4.0%

US Market


1 Year Return

500.7%

HLFF.F

42.6%

US Online Retail

4.9%

US Market

Return vs Industry: HLFF.F exceeded the US Online Retail industry which returned 42.6% over the past year.

Return vs Market: HLFF.F exceeded the US Market which returned 5% over the past year.


Shareholder returns

HLFF.FIndustryMarket
7 Day11.3%6.1%4.0%
30 Day42.0%12.7%1.3%
90 Day81.7%46.3%29.5%
1 Year500.7%500.7%42.7%42.6%7.2%4.9%
3 Yearn/a109.7%109.5%36.1%27.2%
5 Yearn/a276.3%261.0%65.3%46.9%

Price Volatility Vs. Market

How volatile is HelloFresh's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is HelloFresh undervalued compared to its fair value and its price relative to the market?

33.65x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: HLFF.F ($57.25) is trading above our estimate of fair value ($35.41)

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


Price To Earnings Ratio

PE vs Industry: HLFF.F is good value based on its PE Ratio (-810.8x) compared to the Online Retail industry average (28.6x).

PE vs Market: HLFF.F is good value based on its PE Ratio (-810.8x) compared to the US market (16.5x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: HLFF.F is overvalued based on its PB Ratio (33.7x) compared to the US Online Retail industry average (3.1x).


Next Steps

Future Growth

How is HelloFresh forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

18.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HLFF.F's forecast earnings growth (18.1% per year) is above the savings rate (2.2%).

Earnings vs Market: HLFF.F's earnings (18.1% per year) are forecast to grow slower than the US market (22.8% per year).

High Growth Earnings: HLFF.F's earnings are forecast to grow, but not significantly.

Revenue vs Market: HLFF.F's revenue (14% per year) is forecast to grow faster than the US market (9.3% per year).

High Growth Revenue: HLFF.F's revenue (14% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: HLFF.F's Return on Equity is forecast to be high in 3 years time (28.6%)


Next Steps

Past Performance

How has HelloFresh performed over the past 5 years?

32.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HLFF.F has high quality earnings.

Growing Profit Margin: HLFF.F became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: HLFF.F has become profitable over the past 5 years, growing earnings by 32% per year.

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

Earnings vs Industry: HLFF.F has become profitable in the last year, making it difficult to compare its past year earnings growth to the Online Retail industry (-15.9%).


Return on Equity

High ROE: HLFF.F's Return on Equity (26.2%) is considered high.


Next Steps

Financial Health

How is HelloFresh's financial position?


Financial Position Analysis

Short Term Liabilities: HLFF.F's short term assets (€404.1M) exceed its short term liabilities (€291.9M).

Long Term Liabilities: HLFF.F's short term assets (€404.1M) exceed its long term liabilities (€108.7M).


Debt to Equity History and Analysis

Debt Level: HLFF.F's debt to equity ratio (0.9%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if HLFF.F's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: HLFF.F's debt is well covered by operating cash flow (6363%).

Interest Coverage: HLFF.F's interest payments on its debt are well covered by EBIT (11.3x coverage).


Balance Sheet


Next Steps

Dividend

What is HelloFresh current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if HLFF.F'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 HLFF.F's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

4.7yrs

Average board tenure


CEO

Dominik Richter (35yo)

no data

Tenure

Mr. Dominik S. Richter serves as Chief Executive Officer and Member of Management Board at HelloFresh SE. 


Board Members

NamePositionTenureCompensationOwnership
Jeffrey Lieberman
Chairman of Supervisory Boardno datano datano data
Derek Zissman
Member of Supervisory Board4.67yrsno datano data
John Rittenhouse
Member of Supervisory Board4.67yrsno datano data
Ugo Arzani
Member of Supervisory Board3.25yrsno datano data
Ursula Radeke-Pietsch
Deputy Chairman of Supervisory Boardno datano datano data

4.7yrs

Average Tenure

62yo

Average Age

Experienced Board: HLFF.F's board of directors are considered experienced (4.7 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

HelloFresh SE's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: HelloFresh SE
  • Ticker: HLFF.F
  • Exchange: OTCPK
  • Founded: 2011
  • Industry: Internet and Direct Marketing Retail
  • Sector: Retail
  • Market Cap: €8.351b
  • Listing Market Cap: €9.388b
  • Shares outstanding: 165.69m
  • Website: https://www.hellofreshgroup.com

Number of Employees


Location

  • HelloFresh SE
  • Saarbrücker Strasse 37a
  • Berlin
  • Berlin
  • 10405
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HFGDB (Deutsche Boerse AG)YesOrdinary Bearer ShraesDEEURNov 2017
0RVILSE (London Stock Exchange)YesOrdinary Bearer ShraesGBEURNov 2017
HFGXTRA (XETRA Trading Platform)YesOrdinary Bearer ShraesDEEURNov 2017
HFGDBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary Bearer ShraesGBEURNov 2017
HLFF.FOTCPK (Pink Sheets LLC)YesOrdinary Bearer ShraesUSUSDNov 2017
HFGETLX (Eurotlx)YesOrdinary Bearer ShraesITEURNov 2017

Biography

HelloFresh SE delivers meal kit solutions to prepare home-cooked meals using its recipes. The company offers premium meals, double portions, and others, as well as seasonal meal-kits, including a Christmas and Thanksgiving boxes; and wines and snacks. It also sells meal-kits through the retail supermarket channel, as well as vending machines. The company has operations in the United States, Australia, Austria, Belgium, Canada, Germany, Northern France, Luxembourg, the Netherlands, New Zealand, Switzerland, and the United Kingdom. It operates under the HelloFresh brand. The company was founded in 2011 and is headquartered in Berlin, Germany. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/05 00:24
End of Day Share Price2020/07/02 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.