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H&K AG (FR:MLHK)
:MLHK
France Market
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H&K AG (MLHK) AI Stock Analysis

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FR:MLHK

H&K AG

(MLHK)

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Neutral 66 (OpenAI - 5.2)
Rating:66Neutral
Price Target:
€37.00
▼(-15.91% Downside)
Action:Reiterated
Date:07/15/26
The score is driven primarily by improving operating performance and a strengthened balance sheet, partially offset by inconsistent free-cash-flow conversion. Technicals are mixed (recovering above shorter-term averages but below the 200-day with a negative MACD), while valuation is supported by a very high dividend yield despite a moderate P/E.
Positive Factors
Improved leverage and equity rebuilding
Material deleveraging and rebuilt equity materially improve financial resilience versus prior stress. Lower leverage reduces refinancing and covenant risk, expanding capacity for capital allocation, M&A or cyclical cushioning over the next several quarters.
Negative Factors
Volatile free cash flow and weak conversion
Large swings in free cash flow and a low cash conversion ratio undermine confidence in sustained cash available for investment or dividends. This makes multi-quarter planning harder and increases vulnerability if margins or revenues slip.
Read all positive and negative factors
Positive Factors
Negative Factors
Improved leverage and equity rebuilding
Material deleveraging and rebuilt equity materially improve financial resilience versus prior stress. Lower leverage reduces refinancing and covenant risk, expanding capacity for capital allocation, M&A or cyclical cushioning over the next several quarters.
Read all positive factors

H&K AG (MLHK) vs. iShares MSCI France ETF (EWQ)

H&K AG Business Overview & Revenue Model

Company Description
H&K AG, alongside its subsidiary, focuses on the design, production, sale, and distribution of small arms. Their primary customer base includes federal, state, and local government bodies within NATO and European Union nations. The company's exten...
How the Company Makes Money
Detailed, company-specific information on H&K AG (MLHK) regarding its revenue model, key revenue streams, and material partnerships or drivers of earnings is not available from the provided context. null...

H&K AG Financial Statement Overview

Summary
Strong TTM operating momentum (revenue +11.8%, improved profitability with ~12.3% net margin and ~14.1% EBIT margin) and a materially healthier balance sheet (debt-to-equity ~0.47x, ROE ~26%). The main drag is cash-flow quality and consistency: free cash flow is positive (~€19.0M) but volatile versus prior years and only ~38% of net income in TTM.
Income Statement
78
Positive
Balance Sheet
74
Positive
Cash Flow
52
Neutral
BreakdownTTMDec 2025Mar 2025Dec 2023Mar 2023Mar 2022
Income Statement
Total Revenue439.46M392.96M343.38M301.43M305.11M290.21M
Gross Profit153.99M131.88M114.08M115.94M121.85M97.06M
EBITDA80.04M62.04M61.85M59.30M76.27M57.12M
Net Income53.89M39.49M26.98M19.21M50.64M21.84M
Balance Sheet
Total Assets562.60M521.73M457.73M353.94M328.19M309.33M
Cash, Cash Equivalents and Short-Term Investments42.00M8.36M69.62M20.62M6.44M4.42M
Total Debt89.70M93.70M100.13M105.92M108.35M243.56M
Total Liabilities372.10M351.69M324.29M249.51M257.88M394.58M
Stockholders Equity190.50M170.04M133.44M104.44M70.31M-85.25M
Cash Flow
Free Cash Flow19.04M-2.36M78.37M-13.97M34.84M37.62M
Operating Cash Flow49.56M20.36M100.51M8.40M54.80M56.48M
Investing Cash Flow-34.52M-22.09M-30.76M-19.78M-10.88M-28.29M
Financing Cash Flow-14.23M-19.57M-19.77M-5.27M-54.74M-15.74M

H&K AG Technical Analysis

Technical Analysis Sentiment
Positive
Last Price44.00
Price Trends
50DMA
31.84
Positive
100DMA
33.59
Positive
200DMA
38.58
Negative
Market Momentum
MACD
-0.22
Negative
RSI
64.98
Neutral
STOCH
83.33
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FR:MLHK, the sentiment is Positive. The current price of 44 is above the 20-day moving average (MA) of 29.22, above the 50-day MA of 31.84, and above the 200-day MA of 38.58, indicating a neutral trend. The MACD of -0.22 indicates Negative momentum. The RSI at 64.98 is Neutral, neither overbought nor oversold. The STOCH value of 83.33 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FR:MLHK.

H&K AG Peers Comparison

Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
74
Outperform
€114.79M20.033.76%2.08%28.95%
66
Neutral
€1.21B22.500.14%25.57%73.35%
63
Neutral
$10.79B15.437.44%2.01%2.89%-14.66%
60
Neutral
€3.00B21.6313.55%0.74%-2.57%39.27%
48
Neutral
€489.26M123.33-12.90%12.61%-97.71%
43
Neutral
€179.38M-5.64-22.05%7.21%47.92%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
FR:MLHK
H&K AG
33.30
-60.50
-64.50%
FR:LAT
Latecoere
0.01
<0.01
7.69%
FR:FII
Lisi SA
66.20
28.63
76.22%
FR:FGA
Figeac Aero SA
11.10
0.10
0.91%
FR:ALSOG
SOGECLAIR SA
37.40
9.13
32.30%
FR:ALODY
Odyssee Technologies
20.75
-20.25
-49.39%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jul 15, 2026