Brødrene Hartmann A/S Logo

Brødrene Hartmann A/S

HART.CO

(1.2)
Stock Price

351,00 DKK

4.4% ROA

9.46% ROE

19.71x PER

Market Cap.

2.427.196.590,00 DKK

64.4% DER

0% Yield

3.52% NPM

Brødrene Hartmann A/S Stock Analysis

Brødrene Hartmann A/S Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Brødrene Hartmann A/S Fundamental Stock Analysis
# Analysis Rating
1 ROE

The stock's ROE falls within an average range (9.22%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

2 ROA

The stock's ROA (4.45%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

3 PBV

The stock's PBV ratio (1.85x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

4 DER

The stock has a reasonable amount of debt compared to its ownership (70%), suggesting a balanced financial position and a moderate level of risk.

5 Buffet Intrinsic Value

The company's stock seems undervalued (8.198) by Warren Buffett's formula, indicating a promising investment opportunity as its intrinsic value exceeds the market price.

6 Revenue Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

7 Net Profit Growth

This company's net profit has remained stagnant over the past five years, indicating a lack of growth and making it a less favorable investment option.

8 Assets Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

9 Graham Number

The company's Graham number indicates that it is overvalued compared to its stock price, suggesting a potentially unfavorable investment opportunity.

10 Dividend Growth

The company's dividend growth has remained unchanged for three years, signaling a lack of positive momentum and making it a less favorable investment choice.

11 Dividend

Investors should be cautious as the company hasn't distributed dividends in the last three years, possibly indicating financial challenges.

Brødrene Hartmann A/S Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Brødrene Hartmann A/S Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Sell
2 MACD Sell
3 RSI Hold
4 Stoch RSI Sell

Brødrene Hartmann A/S Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Brødrene Hartmann A/S Revenue
Year Revenue Growth
2002 1.415.400.000
2003 1.532.600.000 7.65%
2004 1.641.900.000 6.66%
2005 1.568.900.000 -4.65%
2006 1.474.700.000 -6.39%
2007 1.492.000.000 1.16%
2008 1.490.900.000 -0.07%
2009 1.379.600.000 -8.07%
2010 1.482.700.000 6.95%
2011 1.488.100.000 0.36%
2012 1.544.100.000 3.63%
2013 1.578.800.000 2.2%
2014 1.614.600.000 2.22%
2015 2.133.400.000 24.32%
2016 2.096.100.000 -1.78%
2017 2.207.300.000 5.04%
2018 2.207.100.000 -0.01%
2019 2.356.400.000 6.34%
2020 2.567.400.000 8.22%
2021 2.744.000.000 6.44%
2022 3.350.100.000 18.09%
2023 3.290.800.000 -1.8%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Brødrene Hartmann A/S Research and Development Expenses
Year Research and Development Expenses Growth
2002 0
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Brødrene Hartmann A/S General and Administrative Expenses
Year General and Administrative Expenses Growth
2002 75.700.000
2003 86.600.000 12.59%
2004 93.100.000 6.98%
2005 84.300.000 -10.44%
2006 91.000.000 7.36%
2007 96.700.000 5.89%
2008 69.800.000 -38.54%
2009 71.700.000 2.65%
2010 80.900.000 11.37%
2011 57.700.000 -40.21%
2012 11.600.000 -397.41%
2013 17.200.000 32.56%
2014 11.300.000 -52.21%
2015 37.900.000 70.18%
2016 44.200.000 14.25%
2017 43.900.000 -0.68%
2018 35.900.000 -22.28%
2019 34.400.000 -4.36%
2020 54.900.000 37.34%
2021 43.200.000 -27.08%
2022 64.900.000 33.44%
2023 197.600.000 67.16%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Brødrene Hartmann A/S EBITDA
Year EBITDA Growth
2002 119.400.000
2003 85.000.000 -40.47%
2004 263.500.000 67.74%
2005 -35.400.000 844.35%
2006 -35.900.000 1.39%
2007 355.400.000 110.1%
2008 100.700.000 -252.93%
2009 167.700.000 39.95%
2010 177.000.000 5.25%
2011 214.900.000 17.64%
2012 209.600.000 -2.53%
2013 222.300.000 5.71%
2014 227.400.000 2.24%
2015 333.400.000 31.79%
2016 362.800.000 8.1%
2017 340.400.000 -6.58%
2018 306.900.000 -10.92%
2019 376.000.000 18.38%
2020 513.300.000 26.75%
2021 404.100.000 -27.02%
2022 410.600.000 1.58%
2023 532.000.000 22.82%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Brødrene Hartmann A/S Gross Profit
Year Gross Profit Growth
2002 420.000.000
2003 418.900.000 -0.26%
2004 399.000.000 -4.99%
2005 420.600.000 5.14%
2006 370.600.000 -13.49%
2007 371.200.000 0.16%
2008 407.000.000 8.8%
2009 377.800.000 -7.73%
2010 391.800.000 3.57%
2011 425.100.000 7.83%
2012 454.500.000 6.47%
2013 493.700.000 7.94%
2014 510.000.000 3.2%
2015 686.800.000 25.74%
2016 667.800.000 -2.85%
2017 656.400.000 -1.74%
2018 637.600.000 -2.95%
2019 703.200.000 9.33%
2020 910.000.000 22.73%
2021 720.000.000 -26.39%
2022 815.000.000 11.66%
2023 964.800.000 15.53%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Brødrene Hartmann A/S Net Profit
Year Net Profit Growth
2002 17.800.000
2003 -600.000 3066.67%
2004 172.100.000 100.35%
2005 -62.800.000 374.04%
2006 -45.800.000 -37.12%
2007 123.900.000 136.97%
2008 18.300.000 -577.05%
2009 35.800.000 48.88%
2010 49.900.000 28.26%
2011 76.300.000 34.6%
2012 92.500.000 17.51%
2013 85.900.000 -7.68%
2014 118.900.000 27.75%
2015 111.000.000 -7.12%
2016 174.700.000 36.46%
2017 122.000.000 -43.2%
2018 96.100.000 -26.95%
2019 167.200.000 42.52%
2020 273.900.000 38.96%
2021 74.400.000 -268.15%
2022 61.300.000 -21.37%
2023 126.800.000 51.66%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Brødrene Hartmann A/S Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2002 5
2003 0 0%
2004 38 100%
2005 -14 371.43%
2006 -10 -55.56%
2007 28 133.33%
2008 3 -800%
2009 5 40%
2010 7 28.57%
2011 11 36.36%
2012 13 15.38%
2013 12 -8.33%
2014 17 29.41%
2015 16 -6.25%
2016 25 36%
2017 18 -47.06%
2018 14 -30.77%
2019 24 45.83%
2020 40 38.46%
2021 11 -290%
2022 9 -25%
2023 18 55.56%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Brødrene Hartmann A/S Free Cashflow
Year Free Cashflow Growth
2002 -109.800.000
2003 -112.800.000 2.66%
2004 -37.500.000 -200.8%
2005 -55.300.000 32.19%
2006 -64.300.000 14%
2007 -91.400.000 29.65%
2008 101.000.000 190.5%
2009 -24.800.000 507.26%
2010 84.000.000 129.52%
2011 114.200.000 26.44%
2012 91.300.000 -25.08%
2013 62.600.000 -45.85%
2014 42.300.000 -47.99%
2015 33.700.000 -25.52%
2016 -91.200.000 136.95%
2017 49.200.000 285.37%
2018 135.500.000 63.69%
2019 99.100.000 -36.73%
2020 123.600.000 19.82%
2021 -164.900.000 174.95%
2022 18.000.000 1016.11%
2023 128.900.000 86.04%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Brødrene Hartmann A/S Operating Cashflow
Year Operating Cashflow Growth
2002 52.700.000
2003 100.100.000 47.35%
2004 74.400.000 -34.54%
2005 61.700.000 -20.58%
2006 39.400.000 -56.6%
2007 56.100.000 29.77%
2008 101.000.000 44.46%
2009 76.200.000 -32.55%
2010 143.900.000 47.05%
2011 155.000.000 7.16%
2012 153.400.000 -1.04%
2013 177.800.000 13.72%
2014 140.900.000 -26.19%
2015 221.100.000 36.27%
2016 248.300.000 10.95%
2017 257.600.000 3.61%
2018 264.400.000 2.57%
2019 296.100.000 10.71%
2020 447.700.000 33.86%
2021 249.900.000 -79.15%
2022 204.400.000 -22.26%
2023 189.700.000 -7.75%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Brødrene Hartmann A/S Capital Expenditure
Year Capital Expenditure Growth
2002 162.500.000
2003 212.900.000 23.67%
2004 111.900.000 -90.26%
2005 117.000.000 4.36%
2006 103.700.000 -12.83%
2007 147.500.000 29.69%
2008 0 0%
2009 101.000.000 100%
2010 59.900.000 -68.61%
2011 40.800.000 -46.81%
2012 62.100.000 34.3%
2013 115.200.000 46.09%
2014 98.600.000 -16.84%
2015 187.400.000 47.39%
2016 339.500.000 44.8%
2017 208.400.000 -62.91%
2018 128.900.000 -61.68%
2019 197.000.000 34.57%
2020 324.100.000 39.22%
2021 414.800.000 21.87%
2022 186.400.000 -122.53%
2023 60.800.000 -206.58%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Brødrene Hartmann A/S Equity
Year Equity Growth
2002 710.300.000
2003 695.800.000 -2.08%
2004 580.000.000 -19.97%
2005 615.900.000 5.83%
2006 540.500.000 -13.95%
2007 220.100.000 -145.57%
2008 456.200.000 51.75%
2009 507.500.000 10.11%
2010 549.400.000 7.63%
2011 560.200.000 1.93%
2012 600.200.000 6.66%
2013 611.900.000 1.91%
2014 662.700.000 7.67%
2015 597.800.000 -10.86%
2016 770.600.000 22.42%
2017 745.900.000 -3.31%
2018 765.000.000 2.5%
2019 879.200.000 12.99%
2020 1.025.300.000 14.25%
2021 1.196.500.000 14.31%
2022 1.221.800.000 2.07%
2023 1.347.900.000 9.36%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Brødrene Hartmann A/S Assets
Year Assets Growth
2002 1.476.900.000
2003 1.593.300.000 7.31%
2004 1.504.000.000 -5.94%
2005 1.598.600.000 5.92%
2006 1.438.000.000 -11.17%
2007 1.220.200.000 -17.85%
2008 1.188.800.000 -2.64%
2009 1.216.400.000 2.27%
2010 1.224.900.000 0.69%
2011 1.107.700.000 -10.58%
2012 1.141.400.000 2.95%
2013 1.125.800.000 -1.39%
2014 1.243.900.000 9.49%
2015 1.720.300.000 27.69%
2016 1.942.400.000 11.43%
2017 1.865.100.000 -4.14%
2018 1.833.900.000 -1.7%
2019 2.042.100.000 10.2%
2020 2.374.200.000 13.99%
2021 2.804.200.000 15.33%
2022 2.948.500.000 4.89%
2023 2.902.400.000 -1.59%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Brødrene Hartmann A/S Liabilities
Year Liabilities Growth
2002 1.476.900.000
2003 1.593.300.000 7.31%
2004 1.504.000.000 -5.94%
2005 952.300.000 -57.93%
2006 893.700.000 -6.56%
2007 1.000.100.000 10.64%
2008 732.600.000 -36.51%
2009 708.900.000 -3.34%
2010 675.500.000 -4.94%
2011 547.500.000 -23.38%
2012 541.200.000 -1.16%
2013 513.900.000 -5.31%
2014 581.200.000 11.58%
2015 1.122.500.000 48.22%
2016 1.171.800.000 4.21%
2017 1.119.200.000 -4.7%
2018 1.068.900.000 -4.71%
2019 1.162.900.000 8.08%
2020 1.348.900.000 13.79%
2021 1.607.700.000 16.1%
2022 1.726.700.000 6.89%
2023 1.554.500.000 -11.08%

Brødrene Hartmann A/S Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
505.43
Net Income per Share
17.81
Price to Earning Ratio
19.71x
Price To Sales Ratio
0.7x
POCF Ratio
3.96
PFCF Ratio
6.49
Price to Book Ratio
1.79
EV to Sales
0.88
EV Over EBITDA
4.57
EV to Operating CashFlow
5.04
EV to FreeCashFlow
8.24
Earnings Yield
0.05
FreeCashFlow Yield
0.15
Market Cap
2,43 Bil.
Enterprise Value
3,08 Bil.
Graham Number
279.92
Graham NetNet
-170.55

Income Statement Metrics

Net Income per Share
17.81
Income Quality
1.26
ROE
0.09
Return On Assets
0.04
Return On Capital Employed
0.32
Net Income per EBT
0.43
EBT Per Ebit
0.6
Ebit per Revenue
0.14
Effective Tax Rate
0.41

Margins

Sales, General, & Administrative to Revenue
0.02
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.31
Operating Profit Margin
0.14
Pretax Profit Margin
0.08
Net Profit Margin
0.04

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
88.68
Free CashFlow per Share
54.26
Capex to Operating CashFlow
-0.39
Capex to Revenue
-0.07
Capex to Depreciation
-1.33
Return on Invested Capital
0.12
Return on Tangible Assets
0.04
Days Sales Outstanding
0
Days Payables Outstanding
42.74
Days of Inventory on Hand
50.5
Receivables Turnover
0
Payables Turnover
8.54
Inventory Turnover
7.23
Capex per Share
-34.42

Balance Sheet

Cash per Share
31,07
Book Value per Share
195,59
Tangible Book Value per Share
179.47
Shareholders Equity per Share
195.59
Interest Debt per Share
134.21
Debt to Equity
0.64
Debt to Assets
0.3
Net Debt to EBITDA
0.97
Current Ratio
0.84
Tangible Asset Value
1,24 Bil.
Net Current Asset Value
-0,36 Bil.
Invested Capital
0.64
Working Capital
-0,23 Bil.
Intangibles to Total Assets
0.04
Average Receivables
0,00 Bil.
Average Payables
0,27 Bil.
Average Inventory
341100000
Debt to Market Cap
0.36

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Brødrene Hartmann A/S Dividends
Year Dividends Growth
2000 3
2001 3 -50%
2002 4 33.33%
2003 2 -200%
2006 2 0%
2010 2 0%
2011 2 50%
2012 9 77.78%
2013 10 0%
2014 10 0%
2015 10 0%
2016 10 0%
2017 10 0%
2018 10 0%
2019 10 0%
2020 10 0%

Brødrene Hartmann A/S Profile

About Brødrene Hartmann A/S

Brødrene Hartmann A/S produces and sells moulded-fibre packaging for eggs and fruits in Denmark, rest of Europe, North and South America, India, and internationally. It provides retail and transport packaging for eggs, as well as distribution and logistics related advisory services. The company also offers protective egg trays for transport; and egg cartons, as well as produces and sells technology and machinery to manufacturers of moulded-fibre packaging. In addition, it provides egg marketing services. The company primarily sells its products to egg and fruit producers, egg and fruit packing businesses, retail chains, and buyers of industrial packaging under the imagic2, imagic, Plus Pack, and Fresh Pack brand names. Brødrene Hartmann A/S was incorporated in 1917 and is based in Gentofte, Denmark.

CEO
Mr. Torben Rosenkrantz-Theil
Employee
2.500
Address
OernegArdsvej 18
Gentofte, 2820

Brødrene Hartmann A/S Executives & BODs

Brødrene Hartmann A/S Executives & BODs
# Name Age
1 Ms. Ruth Pedersen
Executive Sec.
70
2 Mr. Flemming Lorents Steen
Chief Financial Officer & Member of Executive Board
70
3 Mr. Torben Rosenkrantz-Theil
Chief Executive Officer & Member of the Executive Board
70
4 Mr. Kenneth Kongsgaard Kristensen
Chief Financial Officer
70

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