Hensoldt AG ranks below the peer group median, with growth as the main structural strength, while valuation is less supportive than the other dimensions. The market setup has weakened, with clear trend damage and relative performance under pressure. Recent price action is broadly in line with the structural positioning.
Peer-relative scores, weakest to strongest
Hensoldt AG develops defense electronics and sensor solutions, focusing mainly on European markets.
The market treats Hensoldt as a growth story with a valuation discount, not as a sustainable earnings compounder like stronger peers. With a ROIC of 5.2% and operating margin at 8.7%, both trailing sector medians, the market penalizes Hensoldt’s lower profitability and capital efficiency by consistently assigning it a lower valuation than quality peers, even amid robust demand. Within European defense, Hensoldt stands out for weaker profitability and efficiency versus US-focused peers, despite a robust order book. The market prices Hensoldt at a discount to the sector because it does not expect sustainable margin strength. Only a clear turnaround in margins and capital returns to peer levels would change the market's pricing logic.
Break down HAG.DE's position across all dimensions with the full interactive tool.
This analysis is rule-based and descriptive. Peer-relative scores are derived from functional peer group comparisons using publicly available financial data. Scores reflect structural positioning only and do not constitute investment advice, a buy or sell recommendation, or a forecast of future performance. AssetNext peer scores are recalculated periodically as new data becomes available.
AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.
Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.
Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.
Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.