HENSOLDT AG Unsponsored ADR (HAGHY)
OTHER OTC:HAGHY
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HENSOLDT AG Unsponsored ADR
(OTC:HAGHY)
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Rating:55Neutral
Price Target:
$10.00
▼(-74.99% Downside)
Action:ReiteratedDate:04/02/26
The score is driven primarily by decent financial performance supported by improving cash generation, tempered by rising leverage and recent margin/revenue pressure. Technicals are mixed (short-term support but weaker longer-term trend), and valuation is a notable headwind due to a high P/E with only a moderate dividend yield.
Positive Factors
Improving cash generation
Operating and free cash flow strengthened meaningfully into 2025, providing durable internal funding for R&D, capex and working capital. Strong cash generation reduces reliance on external financing, supports multi-year program delivery and improves resilience across procurement cycles.
Negative Factors
Elevated and rising leverage
Leverage has increased materially and remains elevated, which reduces financial flexibility and raises refinancing and interest-rate sensitivity. High debt amplifies earnings volatility if margins or contract timings slip and constrains capacity for opportunistic investments.
Read all positive and negative factors
Positive Factors
Negative Factors
Improving cash generation
Operating and free cash flow strengthened meaningfully into 2025, providing durable internal funding for R&D, capex and working capital. Strong cash generation reduces reliance on external financing, supports multi-year program delivery and improves resilience across procurement cycles.
Read all positive factors
HENSOLDT AG Unsponsored ADR (HAGHY) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$11.01B
Dividend Yield0.52%
Average Volume (3M)1.96K
Price to Earnings (P/E)39.8
Beta (1Y)0.69
Revenue Growth17.21%
EPS Growth643.48%
CountryUS
Employees8,986
SectorIndustrials
Sector Strength72
IndustryAerospace & Defense
Share Statistics
EPS (TTM)0.12
Shares Outstanding1,155,000,000
10 Day Avg. Volume0
30 Day Avg. Volume1,958
Financial Highlights & Ratios
PEG Ratio0.41
Price to Book (P/B)3.43
Price to Sales (P/S)1.44
P/FCF Ratio14.34
Enterprise Value/Market Cap0.92
Enterprise Value/Revenue4.14
Enterprise Value/Gross Profit19.36
Enterprise Value/Ebitda26.14
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
HENSOLDT AG Unsponsored ADR Business Overview & Revenue Model
Company Description
HENSOLDT AG is a German electronics company specializing in sensor solutions for defense and security applications. The company operates primarily in the sectors of defense technology, aerospace, and security. HENSOLDT provides advanced technologi...
How the Company Makes Money
HENSOLDT primarily makes money by selling defense and security sensor systems and related services to governmental customers, armed forces, and prime defense contractors. Key revenue streams typically include: (1) Product and system sales: revenue...
HENSOLDT AG Unsponsored ADR Earnings Call Summary
Earnings Call Date:Nov 07, 2025
(Q3-2025)
| % Change Since: |
Next Earnings Date:May 12, 2026
Earnings Call Sentiment Positive
The earnings call highlighted strong order intake, revenue growth, and increased guidance, particularly in the Optronics and Sensors segments. However, logistical challenges and working capital investments impacted short-term cash flow and margins.Positive Updates
Strong Order Intake and Revenue Growth
Order intake reached over EUR 2 billion, exceeding the previous year's figure by 9%. Revenue increased to EUR 1.5 billion, with core revenue growing by 14%.
Negative Updates
Logistical Ramp-up Impact
The logistical ramp-up of the new logistics center temporarily moderated revenue growth and impacted margins in the Sensors segment.
Read all updates
Q3-2025 Updates
Positive
Negative
Strong Order Intake and Revenue Growth
Order intake reached over EUR 2 billion, exceeding the previous year's figure by 9%. Revenue increased to EUR 1.5 billion, with core revenue growing by 14%.
Read all positive updates
Company Guidance
During the Hensoldt 9M 2025 Results Call, the company provided updated guidance reflecting strong performance and future prospects. The book-to-bill ratio guidance for 2025 was significantly raised from around 1.2x to a range of 1.6x to 1.9x, driven by anticipated key orders like the Eurofighter and Luchs II. Revenue guidance was specified at approximately EUR 2.5 billion, with an adjusted EBITDA margin expected to be 18% or higher. The company also maintained its adjusted free cash flow guidance with a target cash conversion rate of 50% to 60% and a net leverage target of around 1.5x. Hensoldt's robust order intake and revenue performance were highlighted, with an order backlog reaching a record EUR 7.1 billion, offering excellent visibility for the future. The Optronics segment showed significant growth, with a projected EBITDA margin increase to 14% by year-end. Overall, the company remains well-positioned for continued growth amid increasing defense investments.HENSOLDT AG Unsponsored ADR Financial Statement Overview
Summary
Income Statement
63
Positive
Balance Sheet
52
Neutral
Cash Flow
70
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 2.36B | 2.24B | 1.85B | 1.71B | 1.47B |
| Gross Profit | 504.28M | 509.00M | 416.00M | 394.00M | 329.80M |
| EBITDA | 369.81M | 379.00M | 293.00M | 267.00M | 253.00M |
| Net Income | 85.49M | 108.00M | 54.00M | 78.00M | 63.00M |
Balance Sheet | |||||
| Total Assets | 5.42B | 4.70B | 3.84B | 2.98B | 2.95B |
| Cash, Cash Equivalents and Short-Term Investments | 932.60M | 734.00M | 803.00M | 462.00M | 534.00M |
| Total Debt | 1.63B | 1.38B | 854.00M | 789.00M | 943.90M |
| Total Liabilities | 4.42B | 3.81B | 3.02B | 2.36B | 2.54B |
| Stockholders Equity | 990.58M | 872.00M | 808.00M | 604.00M | 399.30M |
Cash Flow | |||||
| Free Cash Flow | 237.25M | 112.00M | 153.00M | 149.00M | 197.20M |
| Operating Cash Flow | 435.12M | 311.00M | 267.00M | 244.00M | 299.20M |
| Investing Cash Flow | -226.69M | -745.00M | -122.00M | -101.00M | -117.10M |
| Financing Cash Flow | -19.21M | 367.00M | 197.00M | -214.00M | -297.20M |
HENSOLDT AG Unsponsored ADR Technical Analysis
Positive
39.99
Price Trends
9.22
Positive
9.15
Positive
10.16
Negative
Market Momentum
0.07
Negative
58.04
Neutral
95.41
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HAGHY, the sentiment is Positive. The current price of 39.99 is above the 20-day moving average (MA) of 8.95, above the 50-day MA of 9.22, and above the 200-day MA of 10.16, indicating a neutral trend. The MACD of 0.07 indicates Negative momentum. The RSI at 58.04 is Neutral, neither overbought nor oversold. The STOCH value of 95.41 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HAGHY.
HENSOLDT AG Unsponsored ADR Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | $12.52B | 32.53 | 10.54% | 1.04% | 12.27% | 33.16% | |
68 Neutral | $15.91B | 17.04 | 12.25% | 0.09% | 1.83% | -0.73% | |
64 Neutral | $21.06B | 47.98 | 27.65% | 0.56% | 14.01% | 10.92% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
55 Neutral | $11.01B | 39.79 | 9.97% | 0.52% | 17.21% | 643.48% | |
52 Neutral | $12.80B | 606.55 | 1.20% | ― | 14.00% | 23.78% | |
51 Neutral | $8.87B | -21.68 | -6.41% | ― | 79.89% | -171.81% |
* Industrials Sector Average
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HENSOLDT AG Unsponsored ADR
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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.