(OHB) OHB SE - Overview
Stock: Satellites, Launch Services, Aerospace Components, IT
| Risk 5d forecast | |
|---|---|
| Volatility | 51.8% |
| Relative Tail Risk | -15.5% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.91 |
| Alpha | 305.98 |
| Character TTM | |
|---|---|
| Beta | 0.353 |
| Beta Downside | 0.583 |
| Drawdowns 3y | |
|---|---|
| Max DD | 45.33% |
| CAGR/Max DD | 2.38 |
EPS (Earnings per Share)
Revenue
Description: OHB OHB SE November 15, 2025
OHB SE (XETRA:OHB) is a German-based space and technology firm that serves Europe and global markets. Founded in 1993 and headquartered in Bremen, the company is listed as a common stock under the Aerospace & Defense GICS sub-industry.
The business is organized into three operating segments. The **Space Systems** segment designs, builds, and delivers low-earth-orbit and geostationary satellites for navigation, scientific research, Earth-observation, weather monitoring, and reconnaissance, and it pursues lunar, asteroid, and Mars exploration concepts. The **Aerospace** segment focuses on the assembly and development of aviation and space hardware, as well as related industrial activities. The **Digital** segment provides mechatronic solutions for antennas and telescopes, manages the procurement of launch services, and offers IT services.
Key performance indicators that analysts watch include a 2023 revenue of roughly **€1.5 billion**, an **order backlog exceeding €3 billion**, and R&D spending of about **10 % of revenue**, reflecting the capital-intensive nature of satellite development. The segment’s growth is closely tied to the European Space Agency’s (ESA) procurement pipeline and the broader **satellite market’s 6-7 % CAGR**, which is driven by increasing demand for Earth-observation data and government-backed space initiatives such as Germany’s national “Space Strategy.”
For a deeper, data-driven assessment of OHB’s valuation metrics and competitive positioning, you may find the analytical tools on ValueRay worth exploring.
Piotroski VR‑10 (Strict, 0-10) 5.5
| Net Income: 6.14m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA 4.96 > 1.0 |
| NWC/Revenue: 15.72% < 20% (prev 26.02%; Δ -10.30% < -1%) |
| CFO/TA 0.05 > 3% & CFO 77.1m > Net Income 6.14m |
| Net Debt (249.9m) to EBITDA (73.2m): 3.42 < 3 |
| Current Ratio: 1.20 > 1.5 & < 3 |
| Outstanding Shares: last quarter (19.2m) vs 12m ago 0.00% < -2% |
| Gross Margin: 17.86% > 18% (prev 0.22%; Δ 1764 % > 0.5%) |
| Asset Turnover: 74.32% > 50% (prev 69.06%; Δ 5.26% > 0%) |
| Interest Coverage Ratio: 1.58 > 6 (EBITDA TTM 73.2m / Interest Expense TTM 20.4m) |
Altman Z'' 1.84
| A: 0.11 (Total Current Assets 1.05b - Total Current Liabilities 875.0m) / Total Assets 1.57b |
| B: 0.20 (Retained Earnings 312.9m / Total Assets 1.57b) |
| C: 0.02 (EBIT TTM 32.2m / Avg Total Assets 1.52b) |
| D: 0.29 (Book Value of Equity 321.3m / Total Liabilities 1.12b) |
| Altman-Z'' Score: 1.84 = BBB |
Beneish M -2.86
| DSRI: 0.88 (Receivables 886.0m/905.6m, Revenue 1.13b/1.02b) |
| GMI: 1.23 (GM 17.86% / 22.03%) |
| AQI: 1.03 (AQ_t 0.24 / AQ_t-1 0.23) |
| SGI: 1.11 (Revenue 1.13b / 1.02b) |
| TATA: -0.05 (NI 6.14m - CFO 77.1m) / TA 1.57b) |
| Beneish M-Score: -2.86 (Cap -4..+1) = A |
What is the price of OHB shares?
Over the past week, the price has changed by -1.14%, over one month by +75.68%, over three months by +151.21% and over the past year by +314.62%.
Is OHB a buy, sell or hold?
What are the forecasts/targets for the OHB price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 260 | 0% |
| Analysts Target Price | - | - |
OHB Fundamental Data Overview February 16, 2026
P/E Trailing = 913.7932
P/E Forward = 72.9927
P/S = 4.4086
P/B = 12.7883
Revenue TTM = 1.13b EUR
EBIT TTM = 32.2m EUR
EBITDA TTM = 73.2m EUR
Long Term Debt = 58.7m EUR (from longTermDebt, last quarter)
Short Term Debt = 213.4m EUR (from shortTermDebt, last quarter)
Debt = 303.4m EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 249.9m EUR (from netDebt column, last quarter)
Enterprise Value = 5.33b EUR (5.08b + Debt 303.4m - CCE 53.4m)
Interest Coverage Ratio = 1.58 (Ebit TTM 32.2m / Interest Expense TTM 20.4m)
EV/FCF = 93.72x (Enterprise Value 5.33b / FCF TTM 56.8m)
FCF Yield = 1.07% (FCF TTM 56.8m / Enterprise Value 5.33b)
FCF Margin = 5.02% (FCF TTM 56.8m / Revenue TTM 1.13b)
Net Margin = 0.54% (Net Income TTM 6.14m / Revenue TTM 1.13b)
Gross Margin = 17.86% ((Revenue TTM 1.13b - Cost of Revenue TTM 928.9m) / Revenue TTM)
Gross Margin QoQ = 14.17% (prev 12.33%)
Tobins Q-Ratio = 3.40 (Enterprise Value 5.33b / Total Assets 1.57b)
Interest Expense / Debt = 1.49% (Interest Expense 4.52m / Debt 303.4m)
Taxrate = 32.93% (6.44m / 19.6m)
NOPAT = 21.6m (EBIT 32.2m * (1 - 32.93%))
Current Ratio = 1.20 (Total Current Assets 1.05b / Total Current Liabilities 875.0m)
Debt / Equity = 0.74 (Debt 303.4m / totalStockholderEquity, last quarter 409.3m)
Debt / EBITDA = 3.42 (Net Debt 249.9m / EBITDA 73.2m)
Debt / FCF = 4.40 (Net Debt 249.9m / FCF TTM 56.8m)
Total Stockholder Equity = 401.3m (last 4 quarters mean from totalStockholderEquity)
RoA = 0.40% (Net Income 6.14m / Total Assets 1.57b)
RoE = 1.53% (Net Income TTM 6.14m / Total Stockholder Equity 401.3m)
RoCE = 7.00% (EBIT 32.2m / Capital Employed (Equity 401.3m + L.T.Debt 58.7m))
RoIC = 4.78% (NOPAT 21.6m / Invested Capital 451.7m)
WACC = 6.87% (E(5.08b)/V(5.38b) * Re(7.22%) + D(303.4m)/V(5.38b) * Rd(1.49%) * (1-Tc(0.33)))
Discount Rate = 7.22% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 81.65 | Cagr: 5.22%
[DCF Debug] Terminal Value 75.69% ; FCFF base≈56.8m ; Y1≈37.3m ; Y5≈17.0m
Fair Price DCF = 8.78 (EV 418.2m - Net Debt 249.9m = Equity 168.2m / Shares 19.2m; r=6.87% [WACC]; 5y FCF grow -40.0% → 2.90% )
EPS Correlation: -12.73 | EPS CAGR: 15.21% | SUE: -2.93 | # QB: 0
Revenue Correlation: 31.55 | Revenue CAGR: -0.70% | SUE: 4.0 | # QB: 3
EPS next Year (2026-12-31): EPS=3.63 | Chg30d=+0.150 | Revisions Net=+1 | Growth EPS=+5.8% | Growth Revenue=+23.7%