Intrinsic Value

The intrinsic value of Hochtief AG (HOT) under the Base Case is 270.74 EUR per share. Compared with the current market price of 360.2 EUR, the stock appears Overvalued by 25% .

The intrinsic value is calculated using the DCF method.

Do our valuations actually work? See backtest results .

HOT Intrinsic Value
€270.74
Overvaluation 25%
Intrinsic Value
Price €360.2

HOT is more expensive than usual. It was this expensive or more expensive on just 18% of days in the past 5 years.

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20% below Intrinsic Value €216.59
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Current Price €360.2
Intrinsic Value €270.74
Margin of Safety 20% €216.59
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Fundamental Analysis

What Hochtief Does

Construction Industrials

Hochtief AG is a large construction and infrastructure company. It plans, builds, and manages complex projects such as roads, bridges, tunnels, airports, rail links, and commercial buildings. It also takes on project development and long-term infrastructure work, which makes it more than a simple contractor that only builds and leaves.

Headquarters
Germany DE
Employees
61 923
IPO date
Jan 1, 1920
Read the full company overview
View Company Overview

Hochtief has no economic moat

No Moat Narrow Wide

Customers can choose a different contractor for each new project, so Hochtief must keep winning work against capable rivals. Its experience and reputation help it compete, but do not give it lasting control over prices or customers.

Read the full moat analysis
Financials
Efficiency

Earnings Waterfall
Hochtief AG

Wall St Price Targets

Capital Returns

Competitive Landscape

What is the Intrinsic Value of one HOT stock?

The intrinsic value for Hochtief AG (HOT) under the Base Case is 270.74 EUR.

Is HOT stock undervalued or overvalued?

Compared with the current market price of 360.2 EUR, the stock appears Overvalued by 25% .

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