Company Valuation: H&R GmbH & Co. KGaA

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 261.3 224.1 174.2 126.2 159.7 226.3 - -
Change - -14.25% -22.26% -27.56% 26.55% 41.72% - -
Enterprise Value (EV) 1 354.2 360.1 262.3 215.4 231.4 249.2 235 221.2
Change - 1.66% -27.15% -17.89% 7.43% 7.69% -5.71% -5.85%
P/E 5.2x 5.23x 16.7x 11.7x -4.13x 4.71x 16.5x 17.7x
PBR 0.72x 0.53x 0.42x 0.3x 0.43x 0.45x 0.44x 0.43x
PEG - -0.4x -0.2x 3.28x 0x -0x -0.2x -2.49x
Capitalization / Revenue 0.22x 0.14x 0.13x 0.09x 0.13x 0.16x 0.17x 0.17x
EV / Revenue 0.3x 0.23x 0.19x 0.16x 0.19x 0.18x 0.17x 0.16x
EV / EBITDA 2.67x 2.88x 2.83x 2.27x 2.73x 1.85x 2.62x 2.49x
EV / EBIT 4.34x 5.17x 8.55x 6.69x -16.7x 3.01x 7.12x 7.02x
EV / FCF -31.8x -10.4x 4.18x 13.6x 6.53x -14.3x 17.8x 18.6x
FCF Yield -3.15% -9.58% 23.9% 7.33% 15.3% -6.98% 5.62% 5.38%
Dividend per Share 2 - 0.1 0.1 0.1 - 0.05 0.05 0.05
Rate of return - 1.66% 2.14% 2.95% - 0.82% 0.82% 0.82%
EPS 2 1.35 1.15 0.28 0.29 -1.04 1.291 0.3688 0.3425
Distribution rate - 8.7% 35.7% 34.5% - 3.87% 13.6% 14.6%
Net sales 1 1,188 1,576 1,352 1,388 1,242 1,396 1,362 1,357
EBITDA 1 132.5 124.9 92.7 94.77 84.73 134.9 89.59 88.69
EBIT 1 81.6 69.6 30.68 32.19 -13.82 82.77 32.98 31.53
Net income 1 50.2 42.7 10.6 10.62 -38.8 39.5 16.5 11
Net Debt 1 92.9 136 88.1 89.2 71.7 22.87 8.651 -5.095
Reference price 2 7.020 6.020 4.680 3.390 4.290 6.080 6.080 6.080
Nbr of stocks (in thousands) 37,222 37,222 37,222 37,222 37,222 37,222 - -
Announcement Date 3/31/22 3/31/23 3/22/24 4/9/25 3/31/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
27.32x4.29x13.83x2.1% 127B
14.81x4.94x35.53x2.3% 46.17B
34.39x1.21x7.5x6.73% 40.38B
12.85x1.24x7.03x2.38% 35.12B
10.65x3.16x8.07x4.13% 25.51B
18.95x - - - 20.92B
30.1x2.62x13.83x0.4% 19.5B
8.64x0.84x5.18x4.63% 19.25B
18.63x0.79x6.33x1.17% 18.77B
Average 19.59x 2.39x 12.16x 2.98% 39.16B
Weighted average by Cap. 22.02x 3.10x 13.99x 2.87%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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  5. Valuation H&R GmbH & Co. KGaA