Duyuru • Apr 01
Hapag-Lloyd Aktiengesellschaft, Annual General Meeting, May 20, 2026 Hapag-Lloyd Aktiengesellschaft, Annual General Meeting, May 20, 2026, at 10:30 W. Europe Standard Time. Duyuru • Mar 31
Hapag-Lloyd Aktiengesellschaft announces Annual dividend, payable on May 26, 2026 Hapag-Lloyd Aktiengesellschaft announced Annual dividend of EUR 3.0000 per share payable on May 26, 2026, ex-date on May 21, 2026 and record date on May 22, 2026. Duyuru • Feb 28
Hapag-Lloyd Announces Board Changes Hapag-Lloyd Aktiengesellschaft announced that Due to illness, chairman Michael Behrendt, a long-term servant to German liner giant Hapag-Lloyd, is cutting back his role at the Hamburg firm. Behrendt, 74, who was Hapag-Lloyd’s CEO for 12 years through 2014, and has been chairman of the supervisory board since then, will now become an ordinary member of the board. Taking his place as chairman is a well-known name in German business circles, Karl Gernandt, whose career has seen him hold senior positions at Deutsche Bank, Holcim, Kuehne Holding and Lufthansa. Gernandt, 65, has been on the Hapag-Lloyd board since 2009. Duyuru • Feb 16
Hapag-Lloyd Aktiengesellschaft (XTRA:HLAG) and First Israel Mezzanine Investors Ltd. (PIMI) proposed to acquire ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) for approximately $3.5 billion. Hapag-Lloyd Aktiengesellschaft (XTRA:HLAG) and First Israel Mezzanine Investors Ltd. (PIMI) proposed to acquire ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) for approximately $3.5 billion on February 15, 2026. A cash consideration of $3.5 billion will be paid by Hapag-Lloyd Aktiengesellschaft and First Israel Mezzanine Investors Ltd. As part of consideration, $3.5 billion is paid towards common equity of ZIM Integrated Shipping Services Ltd. The proposed deal value is significantly exceeding ZIM's current market value by approximately $800 million. Hapag-Lloyd was declared the winner of the bid to acquire ZIM, along with the Israeli investment fund PIMI. As part of the transaction, Hapag-Lloyd acquires ZIM's international business, global trade routes and international infrastructure; PIMI retains control over ZIM's critical Israeli operations, including the fleet of 16 Israeli-flagged vessels, key shipping routes to and from Israel, and computer control systems; and The fund will also be responsible for complying with regulatory requirements of the Israeli Ministry of Transport and Ministry of Defense, such as maintaining a minimum number of vessels in ownership.
The required approvals of the transaction by the Management Board and the Supervisory Board of the Company, as well as by the competent corporate bodies of the contractual counterparties have not yet been granted. Furthermore, the consent of the State of Israel based on its special rights set forth in the articles of association of ZIM is required. The completion of the transaction would require additional regulatory approvals and the consent of the shareholders’ meeting of ZIM. Duyuru • Mar 23
Hapag-Lloyd Aktiengesellschaft announces Annual dividend, payable on May 06, 2025 Hapag-Lloyd Aktiengesellschaft announced Annual dividend of EUR 8.2000 per share payable on May 06, 2025, ex-date on May 01, 2025 and record date on May 05, 2025. Duyuru • Mar 22
Hapag-Lloyd Aktiengesellschaft Provides Earnings Guidance for the Financial Year 2025 Hapag-Lloyd Aktiengesellschaft provided earnings guidance for the financial year 2025. For the year 2025, the company expects the group EBIT to be in the range of USD 0.0 to 1.5 billion (EUR 0.0 to 1.5 billion). Duyuru • Mar 21
Hapag-Lloyd Aktiengesellschaft, Annual General Meeting, Apr 30, 2025 Hapag-Lloyd Aktiengesellschaft, Annual General Meeting, Apr 30, 2025, at 10:30 W. Europe Standard Time. Duyuru • Jan 30
Hapag-Lloyd Aktiengesellschaft to Report Fiscal Year 2024 Results on Jan 30, 2025 Hapag-Lloyd Aktiengesellschaft announced that they will report fiscal year 2024 results on Jan 30, 2025 Buy Or Sell Opportunity • Jan 02
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 14% to €162. The fair value is estimated to be €132, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Earnings per share has declined by 43%. For the next 3 years, revenue is forecast to grow by 0.2% per annum. Earnings are forecast to decline by 12% per annum over the same time period. Reported Earnings • Nov 16
Third quarter 2024 earnings: EPS and revenues exceed analyst expectations Third quarter 2024 results: EPS: €5.43 (up from €1.47 in 3Q 2023). Revenue: €5.26b (up 28% from 3Q 2023). Net income: €954.5m (up 271% from 3Q 2023). Profit margin: 18% (up from 6.3% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 21%. Earnings per share (EPS) also surpassed analyst estimates by 24%. Revenue is forecast to stay flat during the next 3 years compared to a 1.0% growth forecast for the Shipping industry in Europe. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Duyuru • Nov 08
Hapag-Lloyd Aktiengesellschaft (XTRA:HLAG) acquired Reederei Hamburger Lloyd GmbH & Co KG. Hapag-Lloyd Aktiengesellschaft (XTRA:HLAG) acquired Reederei Hamburger Lloyd GmbH & Co KG on November 7, 2024.
Hapag-Lloyd Aktiengesellschaft (XTRA:HLAG) completed the acquisition of Reederei Hamburger Lloyd GmbH & Co KG on November 7, 2024. Buy Or Sell Opportunity • Oct 04
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 14% to €142. The fair value is estimated to be €183, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.4% over the last 3 years. Earnings per share has declined by 22%. For the next 3 years, revenue is forecast to grow by 1.4% per annum. Earnings are also forecast to grow by 6.3% per annum over the same time period. Buy Or Sell Opportunity • Sep 17
Now 23% overvalued Over the last 90 days, the stock has fallen 14% to €148. The fair value is estimated to be €121, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.4% over the last 3 years. Earnings per share has declined by 22%. For the next 3 years, revenue is forecast to grow by 1.5% per annum. Earnings are also forecast to grow by 6.1% per annum over the same time period. Reported Earnings • Aug 15
Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Second quarter 2024 results: EPS: €2.44 (down from €5.71 in 2Q 2023). Revenue: €4.54b (up 2.9% from 2Q 2023). Net income: €429.7m (down 57% from 2Q 2023). Profit margin: 9.5% (down from 23% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 96%. Earnings per share (EPS) missed analyst estimates by 21%. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Shipping industry in Europe. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Duyuru • Jul 11
Hapag-Lloyd Aktiengesellschaft Raises Earnings Guidance for the Full Year 2024 Hapag-Lloyd Aktiengesellschaft raised earnings guidance for the full year 2024. For the period, the company now expects Group EBIT in the range of EUR 1.2 billion to EUR 2.2 billion (previously: EUR 0.0 to EUR 1.0 billion). In US dollars, this corresponds to an expected Group EBIT of USD 1.3 billion to USD 2.4 billion (previous: USD 0.0 to USD 1.1 billion). Reported Earnings • May 17
First quarter 2024 earnings released: EPS: €1.68 (vs €10.75 in 1Q 2023) First quarter 2024 results: EPS: €1.68 (down from €10.75 in 1Q 2023). Revenue: €4.26b (down 24% from 1Q 2023). Net income: €294.7m (down 84% from 1Q 2023). Profit margin: 6.9% (down from 34% in 1Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to stay flat during the next 3 years compared to a 1.3% growth forecast for the Shipping industry in Europe. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 3% per year. Price Target Changed • May 17
Price target increased by 9.5% to €116 Up from €106, the current price target is an average from 11 analysts. New target price is 30% below last closing price of €165. Stock is down 10% over the past year. The company is forecast to post earnings per share of €5.03 for next year compared to €16.70 last year. Price Target Changed • May 15
Price target increased by 9.6% to €111 Up from €101, the current price target is an average from 11 analysts. New target price is 33% below last closing price of €165. Stock is down 11% over the past year. The company is forecast to post earnings per share of €3.54 for next year compared to €16.70 last year. Valuation Update With 7 Day Price Move • May 13
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €167, the stock trades at a forward P/E ratio of 58x. Average forward P/E is 6x in the Shipping industry in Europe. Total returns to shareholders of 88% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €160 per share. Valuation Update With 7 Day Price Move • Apr 24
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €169, the stock trades at a forward P/E ratio of 59x. Average forward P/E is 6x in the Shipping industry in Europe. Total returns to shareholders of 65% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €160 per share. Buy Or Sell Opportunity • Mar 16
Now 25% overvalued The stock has been flat over the last 90 days, currently trading at €125. The fair value is estimated to be €99.78, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 27%. Revenue is forecast to decline by 11% in 2 years. Earnings are forecast to decline by 73% in the next 2 years. Reported Earnings • Mar 15
Full year 2023 earnings: EPS exceeds analyst expectations Full year 2023 results: EPS: €16.70 (down from €96.87 in FY 2022). Revenue: €17.9b (down 48% from FY 2022). Net income: €2.94b (down 83% from FY 2022). Profit margin: 16% (down from 49% in FY 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.7%. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Shipping industry in Europe. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Duyuru • Feb 24
Hapag-Lloyd Aktiengesellschaft, Annual General Meeting, Apr 30, 2024 Hapag-Lloyd Aktiengesellschaft, Annual General Meeting, Apr 30, 2024. Duyuru • Jan 23
Hapag-Lloyd Aktiengesellschaft (XTRA:HLAG) signed an agreement to acquire Atl Haulage Contractors Limited. Hapag-Lloyd Aktiengesellschaft (XTRA:HLAG) signed an agreement to acquire Atl Haulage Contractors Limited on January 22, 2024. ATL will remain an independent company and brand and will continue to be run by the existing management team serving all its customers in line with their existing contractual agreements. Valuation Update With 7 Day Price Move • Jan 04
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to €170, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 8x in the Shipping industry in Europe. Total returns to shareholders of 150% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €227 per share. Valuation Update With 7 Day Price Move • Dec 19
Investor sentiment improves as stock rises 31% After last week's 31% share price gain to €138, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 8x in the Shipping industry in Europe. Total returns to shareholders of 136% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €147 per share. Price Target Changed • Dec 11
Price target decreased by 8.6% to €101 Down from €110, the current price target is an average from 12 analysts. New target price is 8.6% below last closing price of €110. Stock is down 41% over the past year. The company is forecast to post earnings per share of €16.02 for next year compared to €96.87 last year. Buying Opportunity • Dec 05
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 43%. The fair value is estimated to be €139, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last 3 years. Earnings per share has grown by 51%. Revenue is forecast to decline by 29% in 2 years. Earnings is forecast to decline by 85% in the next 2 years. Price Target Changed • Nov 10
Price target decreased by 15% to €116 Down from €136, the current price target is an average from 11 analysts. New target price is 9.9% below last closing price of €129. Stock is down 31% over the past year. The company is forecast to post earnings per share of €15.78 for next year compared to €96.87 last year. New Risk • Nov 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 85% per year for the foreseeable future. Minor Risks Dividend is not well covered by earnings (98% payout ratio). Share price has been volatile over the past 3 months (6.9% average weekly change). Price Target Changed • Nov 02
Price target decreased by 8.6% to €127 Down from €139, the current price target is an average from 11 analysts. New target price is approximately in line with last closing price of €133. Stock is down 19% over the past year. The company is forecast to post earnings per share of €18.68 for next year compared to €96.87 last year. Duyuru • Sep 14
Hapag-Lloyd AG Appoints Dheeraj Bhatia to Its Executive Board, Effective January 1, 2024 The Supervisory Board of Hapag-Lloyd AG has appointed Dheeraj Bhatia to the company's Executive Board effective 1 January 2024. He will also become CEO of the new Rotterdam-based Hapag-Lloyd Terminal Holding. Bhatia has more than 20 years of experience in the container shipping business. During this time, he has held several international management positions, including at Norasia Container Lines Limited and CSAV. In 2014, Bhatia joined Hapag-Lloyd as Managing Director and initially headed Area India. Since 2018, he has been based in Dubai and serving as Senior Managing Director of Region Middle East. At the same time, he has been a member of Hapag-Lloyd's Executive Committee. A new Terminal & Infrastructure portfolio will be established on the Executive Board. Bhatia will thus be the first indian national as well as the fifth member of the Executive Board - alongside CEO Rolf Habben Jansen, CIO/CHRO Donya-Florence Amer, CFO/CPO Mark Frese and COO Dr. Maximilian Rothkopf. Duyuru • Sep 07
Hapag-Lloyd Reportedly Abandons Plans to Invest in HMM Hapag-Lloyd Aktiengesellschaft (XTRA:HLAG) has withdrawn from the bidding process to acquire a stake in South Korean rival Hyundai Merchant Marine (HMM), news agency dpa-AFX reported, citing a statement of Hapag-Lloyd’s CEO Rolf Habben Jansen.b. Hapag-Lloyd would have been a good partner for HMM, but the South Korean company has now decided to pursue its goals with other parties, the CEO said on September 04, 2023. According to the article, Hapag-Lloyd aimed at buying a 38.9% stake in HMM from local banks Korea Development Bank (KDB) and Korea Ocean Business Co (KOBC). Jansen did not disclose the reasons for withdrawing from the process. According to an unnamed logistics expert cited by German paper Bild, the progress of foreign buyers in the bidding rounds could lead to their insight into HMM's sensitive information. That is why the last three bidders remaining in the race are from South Korea. These include fishing company Dongwon, agri-food firm Harim and trading conglomerate LX Holdings. Reported Earnings • Aug 11
Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind Second quarter 2023 results: EPS: €5.71 (down from €25.48 in 2Q 2022). Revenue: €4.42b (down 51% from 2Q 2022). Net income: €1.00b (down 78% from 2Q 2022). Profit margin: 23% (down from 50% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 3.0%. Earnings per share (EPS) exceeded analyst estimates by 9.6%. Revenue is expected to fall by 12% p.a. on average during the next 3 years compared to a 8.0% decline forecast for the Shipping industry in Europe. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 48% per year, which means it is significantly lagging earnings growth. Duyuru • Aug 10
Hapag-Lloyd AG Reaffirms Earnings Guidance for the Year 2023 Hapag-Lloyd AG reaffirmed earnings guidance for the year 2023. For the year 2023, the company expects EBIT to be in the range of USD 2.1 to USD 4.3 billion (EUR 2 to EUR 4 billion). Duyuru • Aug 03
Hapag-Lloyd Aktiengesellschaft (XTRA:HLAG) completed the acquisition of SAAM Ports S.A. and SAAM Logistics S.A. from Sociedad Matriz SAAM S.A. (SNSE:SMSAAM). Hapag-Lloyd Aktiengesellschaft (XTRA:HLAG) signed a binding agreement to acquire SAAM Ports S.A. and SAAM Logistics S.A. from Sociedad Matriz SAAM S.A. (SNSE:SMSAAM) for $1 billion on October 4, 2022. Post completion, a new company will operate as independent entity. The closing of the transaction is subject to approval by the relevant antitrust authorities and to additional conditions customary for a transaction of this kind. JPMorgan Chase & Co. (NYSE:JPM) acted as financial advisor to SAAM Ports S.A./SAAM Logistics S.A. SG Corporate & Investment Banking acted as fairness Opinion Provider. As of July 20, 2023, The National Economic Prosecutor's Office (FNE) has approved the transaction. Transaction has all the ratifications by the competition authorities of the different countries involved: the United States, Mexico, Honduras, Costa Rica, Colombia, Ecuador, Uruguay. With this, SAAM will be able to finalize the agreement to close the transaction with Hapag-Lloyd in a few weeks.
Natascha Doll, Christoph H. Seibt, Simon Schwarz-Lindenberg, Paul Tiger and David Beutel, Martin Rehberg and Olaf Ehlers of Freshfields Bruckhaus Deringer LLP acted as legal advisor to Hapag-Lloyd Aktiengesellschaft. Pablo Iacobelli and Marcos Ríos, of Carey y Cía. Ltda. and Jaime Herrera, Gabriel Sánchez and Jorge de los Ríos of Posse Herrera Ruiz acted as legal advisor to Hapag-Lloyd Aktiengesellschaft. Greenberg Traurig, Freshfields Bruckhaus Deringer, Aguilar Castillo Love, Bustamante Fabara and Creel, García-Cuellar, Aiza y Enríquez acted as legal advisor to Hapag-Lloyd Aktiengesellschaft. Juan Francisco Mendez, Borja Marcos, Benjamin Rippeon, Michael Isby and Jamin R. Koslowe of Simpson Thacher & Bartlett LLP acted as legal advisor to Sociedad Matriz SAAM S.A. (SNSE:SMSAAM). Citigroup CIB acted as financial advisor to Hapag-Lloyd Aktiengesellschaft (XTRA:HLAG).
Hapag-Lloyd Aktiengesellschaft (XTRA:HLAG) completed the acquisition of SAAM Ports S.A. and SAAM Logistics S.A. from Sociedad Matriz SAAM S.A. (SNSE:SMSAAM) on August 1, 2023. The transaction was approved unconditionally by the relevant antitrust authorities. Valuation Update With 7 Day Price Move • Jul 14
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €223, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 7x in the Shipping industry in Europe. Total returns to shareholders of 528% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €104 per share. New Risk • Jul 06
New major risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 9.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 78% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (9.7% average weekly change). Price Target Changed • May 15
Price target decreased by 12% to €152 Down from €172, the current price target is an average from 9 analysts. New target price is 22% below last closing price of €194. Stock is down 54% over the past year. The company is forecast to post earnings per share of €19.31 for next year compared to €96.87 last year. Reported Earnings • May 14
First quarter 2023 earnings released: EPS: €10.76 (vs €23.70 in 1Q 2022) First quarter 2023 results: EPS: €10.76 (down from €23.70 in 1Q 2022). Revenue: €5.62b (down 30% from 1Q 2022). Net income: €1.89b (down 55% from 1Q 2022). Profit margin: 34% (down from 52% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is expected to fall by 4.2% p.a. on average during the next 3 years compared to a 5.0% decline forecast for the Shipping industry in Europe. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • May 03
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €274, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 8x in the Shipping industry in Europe. Total returns to shareholders of 113% over the past three years. Upcoming Dividend • Apr 27
Upcoming dividend of €63.00 per share at 21% yield Eligible shareholders must have bought the stock before 04 May 2023. Payment date: 08 May 2023. Payout ratio is a comfortable 65% and this is well supported by cash flows. Trailing yield: 21%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (15%). Valuation Update With 7 Day Price Move • Apr 17
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to €348, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 9x in the Shipping industry in Europe. Total returns to shareholders of 397% over the past three years. Reported Earnings • Mar 03
Full year 2022 earnings: EPS exceeds analyst expectations Full year 2022 results: EPS: €96.89 (up from €51.62 in FY 2021). Revenue: €34.5b (up 55% from FY 2021). Net income: €17.0b (up 88% from FY 2021). Profit margin: 49% (up from 41% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.5%. Revenue is expected to fall by 16% p.a. on average during the next 3 years compared to a 12% decline forecast for the Shipping industry in Europe. Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has only increased by 61% per year, which means it is significantly lagging earnings growth. Price Target Changed • Feb 17
Price target decreased by 7.1% to €168 Down from €181, the current price target is an average from 9 analysts. New target price is 39% below last closing price of €277. Stock is up 6.1% over the past year. The company is forecast to post earnings per share of €95.67 for next year compared to €51.62 last year. Valuation Update With 7 Day Price Move • Feb 09
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €253, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 6x in the Shipping industry in Europe. Total returns to shareholders of 274% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €129 per share. Duyuru • Jan 31
Hapag-Lloyd Aktiengesellschaft to Report Fiscal Year 2022 Results on Mar 02, 2023 Hapag-Lloyd Aktiengesellschaft announced that they will report fiscal year 2022 results on Mar 02, 2023 Valuation Update With 7 Day Price Move • Jan 18
Investor sentiment improved over the past week After last week's 15% share price gain to €219, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 5x in the Shipping industry in Europe. Total returns to shareholders of 226% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €211 per share. Buying Opportunity • Jan 05
Now 20% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be €222, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 38% over the last 3 years. Earnings per share has grown by 110%. Revenue is forecast to decline by 48% in 2 years. Earnings is forecast to decline by 88% in the next 2 years. Reported Earnings • Nov 16
Third quarter 2022 earnings released: EPS: €29.11 (vs €16.13 in 3Q 2021) Third quarter 2022 results: EPS: €29.11 (up from €16.13 in 3Q 2021). Revenue: €9.74b (up 56% from 3Q 2021). Net income: €5.12b (up 81% from 3Q 2021). Profit margin: 53% (up from 45% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is expected to fall by 20% p.a. on average during the next 3 years compared to a 12% decline forecast for the Shipping industry in Europe. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 12
Third quarter 2022 earnings released: EPS: €29.11 (vs €16.13 in 3Q 2021) Third quarter 2022 results: EPS: €29.11 (up from €16.13 in 3Q 2021). Revenue: €9.74b (up 56% from 3Q 2021). Net income: €5.12b (up 81% from 3Q 2021). Profit margin: 53% (up from 45% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is expected to fall by 19% p.a. on average during the next 3 years compared to a 11% decline forecast for the Shipping industry in Europe. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Sep 18
Investor sentiment deteriorated over the past week After last week's 15% share price decline to €187, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 5x in the Shipping industry in Europe. Total returns to shareholders of 230% over the past three years. Valuation Update With 7 Day Price Move • Sep 03
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €227, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 5x in the Shipping industry in Europe. Total returns to shareholders of 265% over the past three years. Price Target Changed • Aug 26
Price target decreased to €220 Down from €238, the current price target is an average from 9 analysts. New target price is 24% below last closing price of €289. Stock is up 45% over the past year. The company is forecast to post earnings per share of €95.07 for next year compared to €51.62 last year. Price Target Changed • Aug 24
Price target decreased to €219 Down from €236, the current price target is an average from 9 analysts. New target price is 22% below last closing price of €279. Stock is up 47% over the past year. The company is forecast to post earnings per share of €94.47 for next year compared to €51.62 last year. Reported Earnings • Aug 14
Second quarter 2022 earnings released: EPS: €25.48 (vs €8.64 in 2Q 2021) Second quarter 2022 results: EPS: €25.48 (up from €8.64 in 2Q 2021). Revenue: €8.99b (up 92% from 2Q 2021). Net income: €4.48b (up 195% from 2Q 2021). Profit margin: 50% (up from 32% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 9.8% compared to a 8.2% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 116% per year but the company’s share price has only increased by 83% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 29
Investor sentiment improved over the past week After last week's 16% share price gain to €330, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 6x in the Shipping industry in Europe. Total returns to shareholders of 898% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €596 per share. Price Target Changed • Jul 15
Price target decreased to €232 Down from €253, the current price target is an average from 11 analysts. New target price is 15% below last closing price of €274. Stock is up 55% over the past year. The company is forecast to post earnings per share of €71.47 for next year compared to €51.62 last year. Valuation Update With 7 Day Price Move • Jul 11
Investor sentiment improved over the past week After last week's 16% share price gain to €282, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 6x in the Shipping industry in Europe. Total returns to shareholders of 744% over the past three years. Valuation Update With 7 Day Price Move • Jun 12
Investor sentiment deteriorated over the past week After last week's 19% share price decline to €292, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 6x in the Shipping industry in Europe. Total returns to shareholders of 886% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €231 per share. Valuation Update With 7 Day Price Move • May 28
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €371, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 6x in the Shipping industry in Europe. Total returns to shareholders of 1,412% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €235 per share. Upcoming Dividend • May 19
Upcoming dividend of €35.00 per share Eligible shareholders must have bought the stock before 26 May 2022. Payment date: 31 May 2022. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 7.8%. Within top quartile of German dividend payers (4.4%). In line with average of industry peers (8.1%). Reported Earnings • May 14
First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2022 results: EPS: €23.71 (up from €6.83 in 1Q 2021). Revenue: €7.98b (up 96% from 1Q 2021). Net income: €4.17b (up 247% from 1Q 2021). Profit margin: 52% (up from 30% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) missed analyst estimates by 1.4%. Over the next year, revenue is forecast to grow 4.3%, compared to a 13% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has increased by 154% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • May 03
Investor sentiment improved over the past week After last week's 23% share price gain to €392, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 6x in the Shipping industry in Europe. Total returns to shareholders of 1,420% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €468 per share. Valuation Update With 7 Day Price Move • Mar 17
Investor sentiment improved over the past week After last week's 25% share price gain to €319, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 7x in the Shipping industry in Europe. Total returns to shareholders of 1,186% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €258 per share. Reported Earnings • Mar 13
Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2021 results: EPS: €51.62 (up from €5.27 in FY 2020). Revenue: €22.3b (up 74% from FY 2020). Net income: €9.07b (up €8.15b from FY 2020). Profit margin: 41% (up from 7.3% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.6%. Earnings per share (EPS) missed analyst estimates by 1.6%. Over the next year, revenue is forecast to grow 15%, compared to a 20% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 122% per year whereas the company’s share price has increased by 127% per year. Valuation Update With 7 Day Price Move • Feb 28
Investor sentiment improved over the past week After last week's 18% share price gain to €272, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 8x in the Shipping industry in Europe. Total returns to shareholders of 992% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €490 per share. Valuation Update With 7 Day Price Move • Dec 25
Investor sentiment improved over the past week After last week's 16% share price gain to €261, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 8x in the Shipping industry in Europe. Total returns to shareholders of 1,139% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €515 per share. Reported Earnings • Nov 13
Third quarter 2021 earnings released: EPS €16.13 (vs €1.43 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €6.24b (up 108% from 3Q 2020). Net income: €2.83b (up €2.58b from 3Q 2020). Profit margin: 45% (up from 8.4% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has only increased by 95% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Nov 04
Investor sentiment improved over the past week After last week's 17% share price gain to €218, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 8x in the Shipping industry in Europe. Total returns to shareholders of 604% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €146 per share. Price Target Changed • Nov 01
Price target increased to €186 Up from €168, the current price target is an average from 10 analysts. New target price is approximately in line with last closing price of €186. Stock is up 250% over the past year. The company is forecast to post earnings per share of €39.12 for next year compared to €5.27 last year. Valuation Update With 7 Day Price Move • Oct 01
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €184, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 8x in the Shipping industry in Europe. Total returns to shareholders of 490% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €129 per share. Price Target Changed • Sep 23
Price target increased to €168 Up from €155, the current price target is an average from 10 analysts. New target price is 25% below last closing price of €225. Stock is up 414% over the past year. Price Target Changed • Sep 14
Price target increased to €164 Up from €149, the current price target is an average from 10 analysts. New target price is 22% below last closing price of €209. Stock is up 319% over the past year.