H

H&K AG
PAR:MLHK

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H&K AG
PAR:MLHK
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Price: 170 EUR Market Closed
Market Cap: 3B EUR
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Relative Value

The Relative Value of one MLHK stock under the Base Case scenario is 125.62 EUR. Compared to the current market price of 170 EUR, H&K AG is Overvalued by 26%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

MLHK Relative Value
Base Case
125.62 EUR
Overvaluation 26%
Relative Value
Price
H
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
47
vs Industry
18
Median 3Y
10
Median 5Y
10
Industry
3.6
vs History
52
vs Industry
7
Median 3Y
92
Median 5Y
111
Industry
33
vs History
9
vs Industry
4
Median 3Y
64
Median 5Y
87
Industry
21.4
vs History
vs Industry
4
Median 3Y
-100.8
Median 5Y
-100.8
Industry
28.1
vs History
19
vs Industry
0
Median 3Y
30.3
Median 5Y
-25.1
Industry
3.3
vs History
57
vs Industry
15
Median 3Y
10.3
Median 5Y
10.4
Industry
3.6
vs History
52
vs Industry
16
Median 3Y
28.7
Median 5Y
28.8
Industry
12.3
vs History
47
vs Industry
14
Median 3Y
49.9
Median 5Y
49.9
Industry
19.6
vs History
47
vs Industry
13
Median 3Y
61.5
Median 5Y
61.5
Industry
25.9
vs History
14
vs Industry
4
Median 3Y
66.6
Median 5Y
89.3
Industry
22.8
vs History
vs Industry
7
Median 3Y
76.3
Median 5Y
83.7
Industry
32.7
vs History
76
vs Industry
9
Median 3Y
10.6
Median 5Y
12.6
Industry
2.4

Multiples Across Competitors

MLHK Competitors Multiples
H&K AG Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
DE
H&K AG
PAR:MLHK
3B EUR 10 92 49.9 61.5
US
Raytheon Technologies Corp
NYSE:RTX
156.1B USD 2 33.1 18 30.4
US
RTX Corp
LSE:0R2N
154.9B USD 2 32.8 17.9 30.2
US
Boeing Co
NYSE:BA
136B USD 1.9 -17 -36.4 -26.6
NL
Airbus SE
PAR:AIR
121.5B EUR 1.8 37.2 18 28.5
US
Lockheed Martin Corp
NYSE:LMT
116.1B USD 1.6 17.4 12.8 15
FR
Safran SA
PAR:SAF
88.2B EUR 3.4 53.8 17.2 23.6
US
General Dynamics Corp
NYSE:GD
73.5B USD 1.6 20.2 14.2 16.9
US
TransDigm Group Inc
NYSE:TDG
73B USD 9.2 49.3 23.8 25.9
US
Northrop Grumman Corp
NYSE:NOC
68.9B USD 1.7 29 18.9 27.8
UK
Rolls-Royce Holdings PLC
LSE:RR
49B GBP 2.7 21 14.8 18.8
P/E Multiple
Earnings Growth P/E to Growth
DE
H
H&K AG
PAR:MLHK
Average P/E: 38.6
92
N/A N/A
US
Raytheon Technologies Corp
NYSE:RTX
33.1
188%
0.2
US
RTX Corp
LSE:0R2N
32.8
188%
0.2
US
Boeing Co
NYSE:BA
Negative Multiple: -17 N/A N/A
NL
Airbus SE
PAR:AIR
37.2
82%
0.5
US
Lockheed Martin Corp
NYSE:LMT
17.4
3%
6.1
FR
Safran SA
PAR:SAF
53.8
24%
2.3
US
General Dynamics Corp
NYSE:GD
20.2
50%
0.4
US
TransDigm Group Inc
NYSE:TDG
49.3
88%
0.6
US
Northrop Grumman Corp
NYSE:NOC
29
112%
0.3
UK
Rolls-Royce Holdings PLC
LSE:RR
21
-12%
N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
DE
H
H&K AG
PAR:MLHK
Average EV/EBITDA: 20.6
49.9
N/A N/A
US
Raytheon Technologies Corp
NYSE:RTX
18
98%
0.2
US
RTX Corp
LSE:0R2N
17.9
98%
0.2
US
Boeing Co
NYSE:BA
Negative Multiple: -36.4
853%
N/A
NL
Airbus SE
PAR:AIR
18
78%
0.2
US
Lockheed Martin Corp
NYSE:LMT
12.8
8%
1.5
FR
Safran SA
PAR:SAF
17.2
54%
0.3
US
General Dynamics Corp
NYSE:GD
14.2
38%
0.4
US
TransDigm Group Inc
NYSE:TDG
23.8
46%
0.5
US
Northrop Grumman Corp
NYSE:NOC
18.9
66%
0.3
UK
Rolls-Royce Holdings PLC
LSE:RR
14.8
40%
0.4
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
DE
H
H&K AG
PAR:MLHK
Average EV/EBIT: 27.9
61.5
N/A N/A
US
Raytheon Technologies Corp
NYSE:RTX
30.4
242%
0.1
US
RTX Corp
LSE:0R2N
30.2
242%
0.1
US
Boeing Co
NYSE:BA
Negative Multiple: -26.6 N/A N/A
NL
Airbus SE
PAR:AIR
28.5
106%
0.3
US
Lockheed Martin Corp
NYSE:LMT
15
8%
1.8
FR
Safran SA
PAR:SAF
23.6
76%
0.3
US
General Dynamics Corp
NYSE:GD
16.9
45%
0.4
US
TransDigm Group Inc
NYSE:TDG
25.9
45%
0.6
US
Northrop Grumman Corp
NYSE:NOC
27.8
98%
0.3
UK
Rolls-Royce Holdings PLC
LSE:RR
18.8
64%
0.3

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