OHB SE (OHB) AI Stock Analysis

• Market Cap: €2.06B
• Dividend Yield: 0.56%
• Average Volume (3M): 14.06K
• Price to Earnings (P/E): 336.7
• Beta (1Y): 1.55
• Revenue Growth: 10.80%
• EPS Growth: -91.79%
• Country: DE
• Employees: 3,466
• Sector: Industrials
• Sector Strength: 72
• Industry: Aerospace & Defense
• EPS (TTM): 0.65
• Shares Outstanding: 19,214,905
• 10 Day Avg. Volume: 16,867
• 30 Day Avg. Volume: 14,060
• PEG Ratio: 46.69
• Price to Book (P/B): 2.31
• Price to Sales (P/S): 0.92
• P/FCF Ratio: 6.35
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 59 Neutral
• Price Target: €114.00 ▲(5.56% Upside)

OHB SE's stock score is primarily influenced by its moderate financial performance and positive technical indicators. However, the high P/E ratio suggests overvaluation, which significantly impacts the overall score. The lack of earnings call data and corporate events means these factors did not contribute to the score.

Positive Factors

Revenue Growth

Consistent revenue growth indicates a strong demand for OHB SE's satellite and space system solutions, supporting long-term business stability.

Debt Management

Reduced leverage enhances financial stability, providing OHB SE with greater flexibility to invest in growth opportunities and withstand economic fluctuations.

Free Cash Flow Generation

A strong free cash flow to net income ratio indicates effective cash generation, enabling OHB SE to fund operations and strategic initiatives without relying heavily on external financing.

Negative Factors

Profitability Concerns

Low net profit margins suggest challenges in achieving profitability, which could limit OHB SE's ability to reinvest in business growth and innovation.

Cash Flow Challenges

Declining free cash flow growth may hinder OHB SE's capacity to fund new projects and manage operational costs effectively, impacting long-term financial health.

Operational Efficiency

Modest EBIT and EBITDA margins reflect operational efficiency challenges, potentially limiting OHB SE's competitiveness and ability to scale profitably.

OHB SE Business Overview & Revenue Model

Company Description

OHB SE operates as a space and technology company in Germany, rest of Europe, and internationally. The company operates through three segments, Space Systems, Aerospace, and Digital segments. It produces and distributes products and projects, as well as provides technology services primarily in the areas of space and aeronautic technology, telematics, and satellite services. The Space Systems segment focuses on developing and executing space projects. This segment primarily develops and manufactures low-orbiting and geostationary small satellites for navigation, research, communications, and earth and weather observation and reconnaissance, including scientific payloads; undertakes projects for the assembly and outfitting of the International Space Station; and prepares studies and models for exploring solar system, such as the moon, asteroids, and Mars. The Aerospace segment is involved in assembling and developing aviation and space products; and other industrial activities. The Digital segment provides mechatronic systems for antennas and telescopes; various radio telescope projects; and operation of space-borne systems, digital applications based on satellite data as well as information technology and cybersecurity. The company is headquartered in Bremen, Germany.

How the Company Makes Money

OHB SE generates revenue through various streams, primarily by providing satellite and space system solutions to government agencies, international organizations, and commercial customers. Key revenue streams include contracts for the design, manufacture, and operation of satellites, as well as participation in large-scale European Space Agency (ESA) projects and programs. The company also benefits from partnerships with other aerospace firms and research institutions, which enhance its technological capabilities and market reach. Additionally, OHB engages in long-term service agreements and maintenance contracts, providing further financial stability and recurring income.

OHB SE Financial Statement Overview

Summary

OHB SE demonstrates a moderate financial performance with signs of recovery and stability. Revenue growth and cash flow improvements are positive indicators, but profitability remains a concern with low net profit margins and return on equity. The company's reduced leverage enhances financial stability, but operational efficiencies need further enhancement to improve profitability.

Income Statement

OHB SE's income statement shows a mixed performance. The TTM (Trailing-Twelve-Months) revenue growth rate is positive at 5.17%, indicating a recovery from the previous year's decline. However, the net profit margin remains extremely low at 0.0029%, suggesting challenges in converting revenue into profit. The gross profit margin has improved to 19.79% in the TTM, but it is still below the historical highs. EBIT and EBITDA margins have shown slight improvements, indicating some operational efficiency gains.

Balance Sheet

The balance sheet reflects a stable financial position with a low debt-to-equity ratio of 0.085 in the TTM, which is a significant improvement from previous years. This indicates reduced leverage and financial risk. However, the return on equity is minimal at 0.0007%, pointing to inefficiencies in generating returns from equity. The equity ratio is not explicitly calculated but appears stable given the low debt levels.

Cash Flow

Cash flow analysis shows a strong free cash flow growth rate of 52.64% in the TTM, indicating improved cash generation capabilities. The operating cash flow to net income ratio is 0.126, suggesting that operating cash flow is covering net income, albeit at a low level. The free cash flow to net income ratio is healthy at 0.813, reflecting good cash conversion despite the low net income.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.08B	1.00B	1.05B	944.52M	905.00M	880.32M
Gross Profit	206.69M	174.79M	417.51M	368.67M	370.34M	360.88M
EBITDA	67.17M	58.78M	161.35M	99.92M	84.84M	72.58M
Net Income	5.78M	-196.00K	71.29M	32.24M	27.50M	20.87M
Balance Sheet
Total Assets	1.57B	1.40B	1.34B	1.08B	960.85M	912.08M
Cash, Cash Equivalents and Short-Term Investments	88.62M	124.89M	149.86M	128.87M	98.64M	93.99M
Total Debt	41.97M	195.41M	329.20M	254.94M	209.90M	168.55M
Total Liabilities	1.14B	972.06M	902.06M	787.26M	708.23M	688.75M
Stockholders Equity	396.89M	396.95M	409.01M	268.76M	234.54M	206.13M
Cash Flow
Free Cash Flow	115.88M	144.51M	-85.57M	-11.36M	-39.94M	22.97M
Operating Cash Flow	135.51M	159.77M	-61.80M	9.12M	-17.35M	44.12M
Investing Cash Flow	-15.80M	-11.67M	-19.50M	-23.25M	1.87M	-16.28M
Financing Cash Flow	-117.84M	-169.84M	116.69M	23.10M	18.81M	-20.20M

OHB SE Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 108.00
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:OHB, the sentiment is Positive. The current price of 108 is below the 20-day moving average (MA) of 108.29, below the 50-day MA of 109.12, and above the 200-day MA of 83.25, indicating a neutral trend. The MACD of -0.07 indicates Positive momentum. The RSI at 50.50 is Neutral, neither overbought nor oversold. The STOCH value of 32.18 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for DE:OHB.

OHB SE Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MTX	76 Outperform	€19.34B	22.69	24.74%	0.61%	45.24%	―
JEN	70 Outperform	€1.11B	15.23	7.17%	1.97%	-5.27%	-13.70%
HAG	68 Neutral	€8.50B	68.55	15.96%	0.68%	14.89%	619.09%
GIL	68 Neutral	€3.70B	29.38	8.88%	2.20%	-13.98%	45.95%
RHM	63 Neutral	€71.55B	82.10	21.48%	0.52%	24.61%	45.20%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
OHB	59 Neutral	€2.06B	336.66	1.49%	0.56%	10.80%	-91.79%