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Hochtief AG (HOT.DE)

EUR465.20 +1.20 (+0.26%)
DE XETRA Industrials Engineering & Construction
Address Alfredstrasse 236 45133
Essen, NW, DE
CEO Peter J. Davoren
IPO 1998-07-22
ISIN DE0006070006

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Also trades on Deutsche Börse · HOT.DE (EUR) Other OTC · HOCFF (USD) Swiss Exchange · HOT.SW (EUR)
Description

HOCHTIEF Aktiengesellschaft operates as a global construction and infrastructure enterprise. The company manages its diverse operations through several key divisions: HOCHTIEF Americas, which provides building and transportation infrastructure solutions across the United States and Canada; HOCHTIEF Asia Pacific, delivering a wide array of services including infrastructure development, resource and mineral processing, engineering, and maintenance, alongside involvement in public-private partnership (PPP) projects throughout the Asia-Pacific region. Its HOCHTIEF Europe division concentrates on infrastructure and building construction ventures, engaging in PPPs across transportation, energy, social, and urban sectors. This European arm also offers specialized engineering (such as virtual construction), facility management, and a comprehensive lifecycle approach to real estate and infrastructure projects, from design and development to operation and management. Additionally, the Abertis Investment segment oversees the management and operation of toll roads in France, Spain, North America, Brazil, Chile, and Mexico. The company further extends its offerings to include insurance and reinsurance policies, specifically tailored for contractors' casualty, surety, subcontractor default, liability, and occupational accident risks. Established in 1873, Hochtief AG maintains its corporate headquarters in Essen, Germany, and functions as a subsidiary of ACS, Actividades de Construcción y Servicios, S.A.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
EUR465.20 +1.20 (+0.26%)
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Volume Profile
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Liquidity & share structure
Average Volume
68.8K
Beta
0.81
Float Shares
14.52M
Free Float %
19.3%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+1.69% -6.50% +11.72% +37.96% +79.55% +51.72% +218.18% +573.25% +616.29% +351.02% +1,133.70%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
465.20
DCF (Unlevered) 750.38 +61.3%
DCF (Levered) 1,469.92 +216.0%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 22% Bullish
Rating 2026-05 Change
Strong Buy 1 0
Buy 1 0
Hold 5 0
Sell 2 0
Strong Sell 0 0
Quality scores
Altman Z-Score
2.78
Grey zone
Piotroski F-Score
6 / 9
Average
MOAT Score
6 / 10
Developing
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
5 / 5
High
ROE Score
5 / 5
High
ROA Score
4 / 5
High
D/E Score
1 / 5
Low
P/E Score
2 / 5
Medium
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Engineering & Construction: +6.7%
    +14.8% Q1'26: +5.3% (vs Q1'25)
  • EPS growth Engineering & Construction: +20.8%
    +16.3% Q1'26: -31.8% (vs Q1'25)
  • FCF margin FCF growth · Engineering & Construction: +51.6%
    +1.8% Q1'26: -6.8% (vs Q1'25)
  • EBIT margin Engineering & Construction: +7.0%
    +2.6% Q1'26: +3.9% (vs Q1'25)
  • ROIC Engineering & Construction: +6.4%
    +24.2% Q1'26: +29.3% (vs Q1'25)
  • Share dilution Engineering & Construction: +0.0%
    +0.0% Q1'26: +0.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Engineering & Construction: -0.38×
    5.20× Q1'26: 4.10× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.78) × ERP
WACC = 82% × Ke + 18% × Kd (5.8%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 750.38 Current price: 465.20
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2011
actual
Dec 2012
actual
Dec 2013
actual
Dec 2014
actual
Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
7 Rev. Ana.
7 EPS Ana.
Dec 2027
7 Rev. Ana.
7 EPS Ana.
Dec 2028
4 Rev. Ana.
4 EPS Ana.
Dec 2029
3 Rev. Ana.
2 EPS Ana.
Dec 2030
3 Rev. Ana.
2 EPS Ana.
Revenue
23.28B
est: 21.80B (+6.8%)
25.53B
est: 25.96B (-1.7%)
25.69B
est: 25.61B (+0.3%)
22.10B
est: 25.11B (-12.0%)
21.10B
est: 22.11B (-4.6%)
19.91B
est: 19.80B (+0.6%)
22.63B
est: 22.48B (+0.7%)
23.88B
est: 23.77B (+0.5%)
25.85B
est: 25.38B (+1.9%)
22.95B
est: 24.02B (-4.4%)
21.38B
est: 21.09B (+1.3%)
26.22B
est: 25.00B (+4.9%)
27.76B
est: 29.39B (-5.6%)
33.30B
est: 32.61B (+2.1%)
38.24B
est: 38.64B (-1.1%)
43.79B
41.83B – 45.11B
+13.3% YoY
48.64B
46.30B – 51.97B
+11.1% YoY
53.13B
52.60B – 53.67B
+9.2% YoY
55.67B
53.08B – 58.47B
+4.8% YoY
60.49B
57.68B – 63.53B
+8.7% YoY
EBITDA
1.10B
est: 1.53B (-28.0%)
1.65B
est: 159.61M (+933.5%)
1.60B
est: 1.20B (+32.8%)
619.57M
est: 1.14B (-45.7%)
1.06B
est: 545.20M (+95.2%)
988.11M
est: 669.89M (+47.5%)
1.26B
est: 900.64M (+39.5%)
1.50B
est: 1.15B (+30.6%)
1.66B
est: 1.44B (+15.2%)
1.67B
est: 344.72M (+383.9%)
747.04M
est: 349.19M (+113.9%)
968.99M
est: 377.97M (+156.4%)
1.07B
est: 1.88B (-42.9%)
2.03B
est: 2.08B (-2.3%)
1.66B
est: 2.47B (-32.6%)
2.80B
2.67B – 2.88B
+13.3% YoY
3.11B
2.96B – 3.32B
+11.1% YoY
3.39B
3.36B – 3.43B
+9.2% YoY
3.55B
3.39B – 3.73B
+4.8% YoY
3.86B
3.68B – 4.06B
+8.7% YoY
EBIT
122.29M
est: 828.06M (-85.2%)
849.76M
est: 739.02M (+15.0%)
853.42M
est: 586.81M (+45.4%)
116.50M
est: 842.33M (-86.2%)
684.62M
est: -67.24M (+1,118.1%)
793.26M
est: 509.47M (+55.7%)
991.99M
est: 719.83M (+37.8%)
1.18B
est: 806.48M (+46.2%)
963.23M
est: 852.23M (+13.0%)
1.08B
est: -771.41M (+239.7%)
432.86M
est: -781.41M (+155.4%)
625.18M
est: -845.81M (+173.9%)
751.19M
est: 1.21B (-38.1%)
1.44B
est: 1.34B (+7.1%)
993.84M
est: 1.59B (-37.7%)
1.81B
1.73B – 1.86B
+13.3% YoY
2.01B
1.91B – 2.15B
+11.1% YoY
2.19B
2.17B – 2.22B
+9.2% YoY
2.30B
2.19B – 2.41B
+4.8% YoY
2.50B
2.38B – 2.62B
+8.7% YoY
Net Income
-167.89M
est: 333.54M (-150.3%)
158.11M
est: -188.89M (+183.7%)
171.20M
est: 155.83M (+9.9%)
251.69M
est: 167.68M (+50.1%)
208.29M
est: 225.93M (-7.8%)
320.48M
est: 184.44M (+73.8%)
420.74M
est: 367.03M (+14.6%)
541.10M
est: 443.61M (+22.0%)
-335.24M
est: 575.44M (-158.3%)
427.24M
est: -201.30M (+312.2%)
293.40M
est: -203.91M (+243.9%)
481.77M
est: 503.31M (-4.3%)
522.75M
est: 697.18M (-25.0%)
775.63M
est: 643.84M (+20.5%)
902.33M
est: 804.57M (+12.2%)
1.01B
909.76M – 1.10B
+25.6% YoY
1.26B
1.12B – 1.42B
+24.5% YoY
1.48B
1.32B – 1.54B
+17.6% YoY
1.66B
1.56B – 1.77B
+12.4% YoY
1.91B
1.79B – 2.03B
+14.7% YoY
SGA
est: 5.97B (-100.0%)
565.00M
est: 7.18B (-92.1%)
487.23M
est: 5.91B (-91.8%)
453.96M
est: 5.75B (-92.1%)
412.12M
est: 4.29B (-90.4%)
424.66M
est: 3.54B (-88.0%)
413.10M
est: 4.14B (-90.0%)
463.28M
est: 4.69B (-90.1%)
498.11M
est: 4.60B (-89.2%)
545.73M
est: 4.41B (-87.6%)
398.19M
est: 4.47B (-91.1%)
531.28M
est: 4.84B (-89.0%)
599.63M
est: 775.63M (-22.7%)
696.71M
est: 858.02M (-18.8%)
1.93B
est: 1.02B (+89.5%)
1.16B
1.10B – 1.19B
+13.3% YoY
1.28B
1.22B – 1.37B
+11.1% YoY
1.40B
1.39B – 1.42B
+9.2% YoY
1.47B
1.40B – 1.54B
+4.8% YoY
1.60B
1.52B – 1.68B
+8.7% YoY
EPS
-2.28
est: -1.95 (-16.7%)
2.11
est: 2.56 (-17.7%)
2.37
est: 2.94 (-19.4%)
3.64
est: 3.27 (+11.2%)
3.11
est: 3.79 (-18.0%)
4.98
est: 5.21 (-4.3%)
6.55
est: 6.88 (-4.8%)
8.27
est: 8.09 (+2.2%)
-4.75
est: 9.23 (-151.5%)
6.16
est: 6.79 (-9.2%)
4.30
est: 5.62 (-23.5%)
6.68
est: 6.98 (-4.2%)
6.95
est: 9.27 (-25.0%)
10.31
est: 8.54 (+20.8%)
11.99
est: 10.51 (+14.1%)
13.52
12.09 – 14.61
+28.7% YoY
16.85
14.83 – 18.83
+24.6% YoY
19.40
17.57 – 20.50
+15.1% YoY
22.11
20.77 – 23.55
+14.0% YoY
25.35
23.82 – 27.00
+14.7% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-13 B+ 3/5 5/5 5/5 4/5 1/5 2/5 1/5
2026-05-12 B+ 3/5 5/5 5/5 4/5 1/5 2/5 1/5
2026-05-11 B+ 3/5 5/5 5/5 4/5 1/5 2/5 1/5
2026-05-08 B+ 3/5 5/5 5/5 4/5 1/5 2/5 1/5
2026-05-07 B+ 3/5 5/5 5/5 4/5 1/5 2/5 1/5
2026-05-06 B+ 3/5 5/5 5/5 4/5 1/5 2/5 1/5
2026-05-05 B+ 3/5 5/5 5/5 4/5 1/5 2/5 1/5
2026-05-04 B 3/5 4/5 5/5 4/5 1/5 2/5 1/5
2026-04-30 B 3/5 4/5 5/5 4/5 1/5 2/5 1/5
2026-04-29 B 3/5 4/5 5/5 4/5 1/5 2/5 1/5
2026-04-28 B 3/5 4/5 5/5 4/5 1/5 2/5 1/5
2026-04-27 B 3/5 4/5 5/5 4/5 1/5 2/5 1/5
2026-04-24 B 3/5 4/5 5/5 4/5 1/5 2/5 1/5
2026-04-23 B 3/5 4/5 5/5 4/5 1/5 2/5 1/5
2026-04-22 B 3/5 4/5 5/5 4/5 1/5 2/5 1/5
2026-04-21 B 3/5 4/5 5/5 4/5 1/5 2/5 1/5
2026-04-20 B 3/5 4/5 5/5 4/5 1/5 2/5 1/5
2026-04-17 B 3/5 4/5 5/5 4/5 1/5 2/5 1/5
2026-04-16 B 3/5 4/5 5/5 4/5 1/5 2/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
2.04B
OE per share TTM
27.07
Owner's Yield
5.30%
Maintenance CapEx ratio
41.62%
Maint CapEx / Avg PPE
4.5%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 294 ETFs in our universe

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
18.4K
Shares Outstanding
75.24M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Juan Santamaria Cases Chairman of the Executive Board 3M male
Martina Steffen Labor Director, Chief Sustainability & Human Resources Officer and Member of Executive Board 1M female
Angel Muriel Bernal Chief Operating Officer & Member of Executive Board 1M male
Christa Andresky CFO & Member of Executive Board 574.0K female
Bernd Pütter Senior Vice President of Corporate Communications
Georg von Bronk Chief Compliance Officer female
Nadine Wärmer Investor Relations Officer female
Peter J. Davoren Chief Executive Officer & President of Turner Construction Company male
Tobias Loskamp Head of Capital Markets Strategy male
Michael Pinkney Head of Corporate Strategy male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits