(HYQ) Hypoport SE - Overview
Stock: Platform, Real-Estate, Mortgage, Financing, Insurance
EPS (Earnings per Share)
Revenue
| Risk 5d forecast | |
|---|---|
| Volatility | 47.4% |
| Relative Tail Risk | -7.27% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -1.50 |
| Alpha | -61.77 |
| Character TTM | |
|---|---|
| Beta | 0.224 |
| Beta Downside | 0.233 |
| Drawdowns 3y | |
|---|---|
| Max DD | 74.32% |
| CAGR/Max DD | -0.21 |
Description: HYQ Hypoport SE January 18, 2026
Hypoport SE (XETRA:HYQ) builds and markets digital platforms that serve Germany’s credit, housing, and insurance sectors, organized into three business lines: Real Estate & Mortgage Platforms, Financing Platforms, and Insurance Platforms.
The Real Estate & Mortgage Platforms unit supplies end-to-end software for brokering, financing, and valuing private residential properties, a market that has been buoyed by Germany’s historically low vacancy rates (≈1.2% in 2023) and a modest but persistent rise in housing prices (~3% YoY).
The Financing Platforms segment extends beyond mortgages to corporate finance, housing-industry loans, and personal credit. Its flagship B2B marketplace, Europace, matches lenders with borrowers for personal loans and payment-protection policies, while the Smart Insur suite automates insurance sales and pricing. In Q4 2023, this segment posted a 9% YoY increase in loan-originated volume, reflecting strong consumer demand for unsecured credit amid a low-interest-rate environment.
The Insurance Platforms business delivers SaaS solutions for B2C insurers and distributors, including Corify and ePension for industrial and occupational pension administration. The German insurtech market is growing at roughly 12% CAGR, driven by regulatory pressure for digital onboarding and the rise of usage-based pricing models.
For a deeper quantitative assessment, the ValueRay platform provides a granular breakdown of HYQ’s valuation metrics and scenario analyses.
Piotroski VR‑10 (Strict, 0-10) 7.0
| Net Income: 20.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA 1.85 > 1.0 |
| NWC/Revenue: 10.41% < 20% (prev 10.83%; Δ -0.41% < -1%) |
| CFO/TA 0.08 > 3% & CFO 57.0m > Net Income 20.6m |
| Net Debt (85.6m) to EBITDA (68.2m): 1.26 < 3 |
| Current Ratio: 1.46 > 1.5 & < 3 |
| Outstanding Shares: last quarter (6.70m) vs 12m ago 0.17% < -2% |
| Gross Margin: 39.04% > 18% (prev 0.47%; Δ 3857 % > 0.5%) |
| Asset Turnover: 106.7% > 50% (prev 78.85%; Δ 27.85% > 0%) |
| Interest Coverage Ratio: 9.49 > 6 (EBITDA TTM 68.2m / Interest Expense TTM 3.30m) |
Altman Z'' 3.05
| A: 0.10 (Total Current Assets 228.7m - Total Current Liabilities 157.1m) / Total Assets 683.4m |
| B: 0.36 (Retained Earnings 245.9m / Total Assets 683.4m) |
| C: 0.05 (EBIT TTM 31.4m / Avg Total Assets 644.3m) |
| D: 0.82 (Book Value of Equity 252.8m / Total Liabilities 308.3m) |
| Altman-Z'' Score: 3.05 = A |
Beneish M -2.40
| DSRI: 1.28 (Receivables 136.4m/74.1m, Revenue 687.5m/477.2m) |
| GMI: 1.21 (GM 39.04% / 47.39%) |
| AQI: 0.90 (AQ_t 0.58 / AQ_t-1 0.64) |
| SGI: 1.44 (Revenue 687.5m / 477.2m) |
| TATA: -0.05 (NI 20.6m - CFO 57.0m) / TA 683.4m) |
| Beneish M-Score: -2.40 (Cap -4..+1) = BBB |
What is the price of HYQ shares?
Over the past week, the price has changed by -10.13%, over one month by -30.38%, over three months by -25.21% and over the past year by -55.56%.
Is HYQ a buy, sell or hold?
What are the forecasts/targets for the HYQ price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 258.8 | 191.8% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 74.5 | -16% |
HYQ Fundamental Data Overview February 03, 2026
P/E Trailing = 36.4052
P/E Forward = 64.9351
P/S = 1.1485
P/B = 1.797
P/EG = 4.5213
Revenue TTM = 687.5m EUR
EBIT TTM = 31.4m EUR
EBITDA TTM = 68.2m EUR
Long Term Debt = 93.1m EUR (from longTermDebt, last quarter)
Short Term Debt = 29.6m EUR (from shortTermDebt, last quarter)
Debt = 162.8m EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 85.6m EUR (from netDebt column, last quarter)
Enterprise Value = 945.3m EUR (859.7m + Debt 162.8m - CCE 77.2m)
Interest Coverage Ratio = 9.49 (Ebit TTM 31.4m / Interest Expense TTM 3.30m)
EV/FCF = 32.10x (Enterprise Value 945.3m / FCF TTM 29.4m)
FCF Yield = 3.12% (FCF TTM 29.4m / Enterprise Value 945.3m)
FCF Margin = 4.28% (FCF TTM 29.4m / Revenue TTM 687.5m)
Net Margin = 2.99% (Net Income TTM 20.6m / Revenue TTM 687.5m)
Gross Margin = 39.04% ((Revenue TTM 687.5m - Cost of Revenue TTM 419.1m) / Revenue TTM)
Gross Margin QoQ = 43.49% (prev 44.18%)
Tobins Q-Ratio = 1.38 (Enterprise Value 945.3m / Total Assets 683.4m)
Interest Expense / Debt = 0.57% (Interest Expense 924.0k / Debt 162.8m)
Taxrate = 27.91% (1.99m / 7.13m)
NOPAT = 22.6m (EBIT 31.4m * (1 - 27.91%))
Current Ratio = 1.46 (Total Current Assets 228.7m / Total Current Liabilities 157.1m)
Debt / Equity = 0.44 (Debt 162.8m / totalStockholderEquity, last quarter 370.7m)
Debt / EBITDA = 1.26 (Net Debt 85.6m / EBITDA 68.2m)
Debt / FCF = 2.91 (Net Debt 85.6m / FCF TTM 29.4m)
Total Stockholder Equity = 362.5m (last 4 quarters mean from totalStockholderEquity)
RoA = 3.19% (Net Income 20.6m / Total Assets 683.4m)
RoE = 5.68% (Net Income TTM 20.6m / Total Stockholder Equity 362.5m)
RoCE = 6.89% (EBIT 31.4m / Capital Employed (Equity 362.5m + L.T.Debt 93.1m))
RoIC = 4.67% (NOPAT 22.6m / Invested Capital 484.1m)
WACC = 5.73% (E(859.7m)/V(1.02b) * Re(6.74%) + D(162.8m)/V(1.02b) * Rd(0.57%) * (1-Tc(0.28)))
Discount Rate = 6.74% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 100.0 | Cagr: 0.22%
[DCF Debug] Terminal Value 80.82% ; FCFF base≈23.6m ; Y1≈15.5m ; Y5≈7.07m
Fair Price DCF = 20.88 (EV 225.3m - Net Debt 85.6m = Equity 139.8m / Shares 6.70m; r=5.90% [WACC]; 5y FCF grow -40.0% → 2.90% )
[DCF Warning] FCF declining rapidly (-40.0%), DCF may be unreliable
EPS Correlation: 1.69 | EPS CAGR: -0.67% | SUE: N/A | # QB: 0
Revenue Correlation: 49.09 | Revenue CAGR: 6.60% | SUE: 2.64 | # QB: 5
EPS next Year (2026-12-31): EPS=5.03 | Chg30d=-0.472 | Revisions Net=-1 | Growth EPS=+56.2% | Growth Revenue=+13.2%