(LHA) Deutsche Lufthansa - Ratings and Ratios
Air Travel, Logistics Services, Maintenance Repair
LHA EPS (Earnings per Share)
LHA Revenue
Description: LHA Deutsche Lufthansa
Deutsche Lufthansa AG is a diversified aviation company operating globally, with a presence in passenger airlines, logistics, and maintenance, repair, and overhaul (MRO) services. The companys passenger airlines segment includes several brands such as Lufthansa Airlines, SWISS, Austrian Airlines, Brussels Airlines, and Eurowings, offering a range of products and services to passengers. The logistics segment provides airfreight container management, urgent shipments, and customs clearance services, as well as e-commerce solutions. The MRO segment serves a diverse customer base including original equipment manufacturers, aircraft leasing companies, and airlines, providing maintenance, repair, and overhaul services for civil commercial aircraft.
With a fleet of 735 aircraft as of December 31, 2024, Deutsche Lufthansa AG is a significant player in the aviation industry. To further analyze the companys performance, we can look at key performance indicators (KPIs) such as revenue growth, operating margin, and return on equity (RoE). The companys RoE of 11.75% indicates a relatively strong return on shareholder equity. Additionally, the airline industry is often characterized by high operating leverage, meaning that small increases in revenue can lead to significant increases in profitability. Other relevant KPIs for the airline industry include available seat miles (ASM), revenue passenger miles (RPM), and load factor, which can provide insights into the companys capacity utilization and pricing power.
From a valuation perspective, Deutsche Lufthansa AGs price-to-earnings (P/E) ratio of 7.28 and forward P/E ratio of 6.90 suggest that the company is relatively undervalued compared to its earnings. The market capitalization of 8982.38M EUR indicates a significant market presence. To further evaluate the companys valuation, we can consider metrics such as enterprise value-to-EBITDA (EV/EBITDA) and price-to-book (P/B) ratio, which can provide a more comprehensive picture of the companys valuation relative to its peers and industry averages.
LHA Stock Overview
| Market Cap in USD | 10,464m |
| Sub-Industry | Passenger Airlines |
| IPO / Inception |
LHA Stock Ratings
| Growth Rating | 39.1% |
| Fundamental | 57.7% |
| Dividend Rating | 28.0% |
| Return 12m vs S&P 500 | 4.69% |
| Analyst Rating | - |
LHA Dividends
| Dividend Yield 12m | 4.07% |
| Yield on Cost 5y | 6.10% |
| Annual Growth 5y | % |
| Payout Consistency | 42.5% |
| Payout Ratio | 20.4% |
LHA Growth Ratios
| Growth Correlation 3m | -45.5% |
| Growth Correlation 12m | 79% |
| Growth Correlation 5y | 12.6% |
| CAGR 5y | 4.67% |
| CAGR/Max DD 3y (Calmar Ratio) | 0.10 |
| CAGR/Mean DD 3y (Pain Ratio) | 0.17 |
| Sharpe Ratio 12m | 1.37 |
| Alpha | -4.84 |
| Beta | 1.397 |
| Volatility | 27.54% |
| Current Volume | 3292.4k |
| Average Volume 20d | 3428.8k |
| Stop Loss | 7.1 (-4.2%) |
| Signal | 0.28 |
Piotroski VR‑10 (Strict, 0-10) 2.5
| Net Income (1.77b TTM) > 0 and > 6% of Revenue (6% = 2.32b TTM) |
| FCFTA 0.00 (>2.0%) and ΔFCFTA -0.94pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue -12.01% (prev -13.79%; Δ 1.78pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.08 (>3.0%) and CFO 3.88b > Net Income 1.77b (YES >=105%, WARN >=100%) |
| Net Debt (12.22b) to EBITDA (3.96b) ratio: 3.08 <= 3.0 (WARN <= 3.5) |
| Current Ratio 0.78 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (1.20b) change vs 12m ago 0.14% (target <= -2.0% for YES) |
| Gross Margin 14.22% (prev 12.30%; Δ 1.92pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 81.01% (prev 77.14%; Δ 3.87pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 2.79 (EBITDA TTM 3.96b / Interest Expense TTM 536.0m) >= 6 (WARN >= 3) |
Altman Z'' 0.21
| (A) -0.10 = (Total Current Assets 16.93b - Total Current Liabilities 21.57b) / Total Assets 48.14b |
| (B) 0.11 = Retained Earnings (Balance) 5.37b / Total Assets 48.14b |
| (C) 0.03 = EBIT TTM 1.50b / Avg Total Assets 47.69b |
| (D) 0.26 = Book Value of Equity 9.79b / Total Liabilities 37.80b |
| Total Rating: 0.21 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 57.74
| 1. Piotroski 2.50pt = -2.50 |
| 2. FCF Yield 0.63% = 0.31 |
| 3. FCF Margin 0.34% = 0.09 |
| 4. Debt/Equity 1.36 = 1.64 |
| 5. Debt/Ebitda 3.08 = -1.88 |
| 6. ROIC - WACC (= 6.11)% = 7.63 |
| 7. RoE 16.68% = 1.39 |
| 8. Rev. Trend 18.29% = 1.37 |
| 9. EPS Trend -6.20% = -0.31 |
What is the price of LHA shares?
Over the past week, the price has changed by +0.71%, over one month by -0.32%, over three months by +1.01% and over the past year by +20.10%.
Is Deutsche Lufthansa a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of LHA is around 7.06 EUR . This means that LHA is currently overvalued and has a potential downside of -4.72%.
Is LHA a buy, sell or hold?
What are the forecasts/targets for the LHA price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 7.7 | 4.2% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 7.6 | 3% |
LHA Fundamental Data Overview
Market Cap EUR = 9.02b (9.02b EUR * 1.0 EUR.EUR)
P/E Trailing = 5.0851
P/E Forward = 5.4945
P/S = 0.2332
P/B = 0.8544
P/EG = 0.964
Beta = 1.397
Revenue TTM = 38.63b EUR
EBIT TTM = 1.50b EUR
EBITDA TTM = 3.96b EUR
Long Term Debt = 11.21b EUR (from longTermDebt, last quarter)
Short Term Debt = 2.81b EUR (from shortTermDebt, last quarter)
Debt = 14.02b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 12.22b EUR (from netDebt column, last quarter)
Enterprise Value = 21.24b EUR (9.02b + Debt 14.02b - CCE 1.80b)
Interest Coverage Ratio = 2.79 (Ebit TTM 1.50b / Interest Expense TTM 536.0m)
FCF Yield = 0.63% (FCF TTM 133.0m / Enterprise Value 21.24b)
FCF Margin = 0.34% (FCF TTM 133.0m / Revenue TTM 38.63b)
Net Margin = 4.59% (Net Income TTM 1.77b / Revenue TTM 38.63b)
Gross Margin = 14.22% ((Revenue TTM 38.63b - Cost of Revenue TTM 33.14b) / Revenue TTM)
Gross Margin QoQ = 14.36% (prev 6.93%)
Tobins Q-Ratio = 0.44 (Enterprise Value 21.24b / Total Assets 48.14b)
Interest Expense / Debt = 1.16% (Interest Expense 163.0m / Debt 14.02b)
Taxrate = -0.70% (negative due to tax credits) (-7.00m / 1.00b)
NOPAT = 1.51b (EBIT 1.50b * (1 - -0.70%)) [negative tax rate / tax credits]
Current Ratio = 0.78 (Total Current Assets 16.93b / Total Current Liabilities 21.57b)
Debt / Equity = 1.36 (Debt 14.02b / totalStockholderEquity, last quarter 10.29b)
Debt / EBITDA = 3.08 (Net Debt 12.22b / EBITDA 3.96b)
Debt / FCF = 91.89 (Net Debt 12.22b / FCF TTM 133.0m)
Total Stockholder Equity = 10.62b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.68% (Net Income 1.77b / Total Assets 48.14b)
RoE = 16.68% (Net Income TTM 1.77b / Total Stockholder Equity 10.62b)
RoCE = 6.85% (EBIT 1.50b / Capital Employed (Equity 10.62b + L.T.Debt 11.21b))
RoIC = 11.19% (NOPAT 1.51b / Invested Capital 13.46b)
WACC = 5.08% (E(9.02b)/V(23.04b) * Re(11.16%) + D(14.02b)/V(23.04b) * Rd(1.16%) * (1-Tc(-0.01)))
Discount Rate = 11.16% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 0.07%
[DCF Debug] Terminal Value 57.83% ; FCFE base≈309.8m ; Y1≈203.4m ; Y5≈93.0m
Fair Price DCF = 1.00 (DCF Value 1.20b / Shares Outstanding 1.20b; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: -6.20 | EPS CAGR: 7.99% | SUE: 1.78 | # QB: 1
Revenue Correlation: 18.29 | Revenue CAGR: 0.91% | SUE: -0.51 | # QB: 0