Obermatt

Hochtief

GER:HOT · DE0006070006
Construction & EngineeringX-Large

360

54
EV / EBIT34
Price / Owner Earnings22
Owner Earnings Yield25
Dividend Yield23
Price/Sales27
EV / Gross Profit81
Price/Book1
Return on Capital34
Cash Return on Capital84
Return on Equity98
EBIT Margin9
Gross Profitability88
Cash Conversion94
Accruals84
Owner Earnings Margin12
Sales growth94
Profit Growth90
Long-Term EPS Growth78
Owner Earnings Growth34
Reinvestment59
Price momentum100
Debt load3
Refinancing36
Debt Payback54
Liquidity24
Analyst ratings13
Opinion Changes74
Price Target Upside5
Market mood61
Value Creation18/20strong value creator
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Hochtief generates returns well above its cost of capital, the foundation of durable shareholder value.

Profile

CountrySpain
IndustryConstruction & Engineering
SizeX-Large
TypePublic Company
ExchangeXTRA
Founded2001
Employees1,556
ISINDE0006070006
Last UpdateApr 2, 2026
Themes
Civil EngineeringConstructionInfrastructure

Description

HOCHTIEF Aktiengesellschaft (HOCHTIEF) is construction company that engages in construction projects across various sectors, including infrastructure, building, and resources. Business Segments HOCHTIEF operates through multiple business segments.…

Analysis

Middle-of-the-road

HOCHTIEF Aktiengesellschaft is a middle-of-the-road business: neither the economics nor the price stand out from the peer group.

The price is expensive. You pay 44.5× its owner earnings: the cash an owner could take out each year, which is in the historically expensive zone. At today's price, the market is assuming roughly 17% yearly growth; analysts expect 20%. The price, in other words, assumes less than the experts do.

The trajectory is solid and the balance sheet is adequate. The company scores 18/20 on our value-creation score: strong value creator. Analyst sentiment is cautious.

What to watch: The financial cushion is thinner than comfortable. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
12
2023202420252026

All-time high

42

Jul 2023

All-time low

4

Mar 2026

Average rank

19

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
27
66
63
84
Price/Earnings
5
24
44
75
Price/Book
1
7
8
16
Dividend Yield
23
24
61
56
Value (overall)
3
6
17
25

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →