OHB SE (OHB) AI Stock Analysis

• Market Cap: €2.03B
• Dividend Yield: 0.6%
• Average Volume (3M): 14.06K
• Price to Earnings (P/E): 351.6
• Beta (1Y): 1.28
• Revenue Growth: 1.67%
• EPS Growth: -91.60%
• Country: DE
• Employees: 3,466
• Sector: Industrials
• Sector Strength: 72
• Industry: Aerospace & Defense
• EPS (TTM): 0.33
• 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: 64 Neutral
• Price Target: €116.00 ▲(9.95% Upside)

The overall stock score reflects a moderate financial performance with positive revenue growth and cash flow improvements, but concerns over profitability and valuation. Technical analysis suggests a bullish trend, but the high P/E ratio indicates potential overvaluation. The absence of earnings call and corporate events data limits further insights.

OHB SE Business Overview & Revenue Model

Company Description

OHB SE is a prominent European aerospace and technology company headquartered in Germany, specializing in satellite and space systems. The company operates primarily in the fields of aerospace, telecommunications, and satellite-based services, providing a range of products including satellites for Earth observation, telecommunications, and scientific missions. OHB is involved in the development and construction of space systems and related services, catering to both governmental and commercial clients.

How the Company Makes Money

OHB generates revenue through multiple streams, primarily by securing contracts for the design, development, and manufacturing of satellite systems and components. Key revenue sources include government contracts from space agencies such as the European Space Agency (ESA) and national space programs, as well as commercial contracts with private entities for satellite launches and services. Additionally, OHB earns income from offering satellite data services and solutions, leveraging its technological expertise in satellite operations. Strategic partnerships with other aerospace and technology firms further enhance its capabilities and market reach, contributing significantly to its revenue generation.

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: 105.50
• 50DMA: Positive
• 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 105.5 is below the 20-day moving average (MA) of 110.90, above the 50-day MA of 98.87, and above the 200-day MA of 76.91, indicating a neutral trend. The MACD of -1.34 indicates Positive momentum. The RSI at 49.13 is Neutral, neither overbought nor oversold. The STOCH value of 29.47 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	€19.86B	23.31	24.74%	0.61%	45.24%	―
JEN	75 Outperform	€1.09B	14.09	7.86%	2.06%	-2.59%	-3.21%
GIL	68 Neutral	€3.67B	29.19	8.88%	2.21%	-13.98%	45.95%
HAG	64 Neutral	€10.62B	116.70	15.96%	0.53%	14.89%	619.09%
OHB	64 Neutral	€2.03B	351.58	1.42%	0.60%	1.67%	-91.60%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
RHM	60 Neutral	€79.33B	92.01	21.48%	0.45%	24.61%	45.20%