Hochtief stock
HOT.DEXETRAHochtief AG, IndustrialsISIN DE0006070006WKN 607000
65Score 65 out of 100, Neutral
Price and trend
46 / 100
Price history
+32% in one yearThe chart shows daily closes over 20 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Below the 200-day line: the price is 11% below it.
Since September 2026 the 50-day line has been below the 200-day line; the trend has turned down.
Normal: the price is neither overheated nor sold off (RSI 60).
The price is 30% below its 52-week high. Largest decline in 20 years: 79% (November 2007 to October 2008).
Chart figures for advanced users
- SMA 50$432.05
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$479.75
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)60
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDabove the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$300.43
- The lowest closing price of the last twelve months.
- Resistance$610.87
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Hochtief AG belongs to the Engineering & Construction industry (Germany) and, with a market value of $32.03B, is number 7 of 110 companies in its industry on MEQIRI.
- In fiscal 2025 it reported revenue of $42.55B (up 14.8% year on year) and earnings of $1B (up 16.3%).
- For fiscal 2026, analysts expect on average revenue of $48.35B (up 13.6%) and adjusted earnings per share of $16.20 (up 43.7%).
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- MEQIRI Score 65 out of 100 (Neutral): rank 385 of 1023 in Industrials, median 61.
- The P/E is 29.6 (Engineering & Construction median 18.9, own median of recent years 14.4).
- Our model puts fair value at $443.09, with the price 6% below it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- Earnings turn into cashFree cash flow 223% of earnings over the last 12 months.Fundamentals 96
- High return on capitalReturn on invested capital 25.4% in fiscal 2025, Engineering & Construction median 7.5%.Profitability 62
- Analysts expect strong earnings growthUp 19.7% a year through 2028 (estimates from 7 analysts).Growth 83
Weaknesses
- High debtDebt 5.57 times equity (latest quarter), Engineering & Construction median 0.7.Stability 30
- Richly valuedP/E 29.6, Engineering & Construction median 18.9, own median 14.4.Valuation 58
- Interest barely coveredOperating profit covers interest only 2 times.Stability 30
Its standout strengths are fundamentals and growth, while technical analysis and stability hold the score back.
Daily figure as of 12 Nov 2026
How the score is calculatedScore overview
Score since yesterday from 63 to 65.
Fundamentals are strong, with stable profits and strong cash generation.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk high
How well MEQIRI warnsOne of the 30% with the highest crash risk among stocks ranked 101 to 1,000.
From 2016 to 2025, 23 in 100 such stocks fell 30% or more within a year, against a group average of 15 in 100.
What drives the risk
- high growth grade (crashed more often in the backtest)
What lowers it
- solid fundamentals
Valuation
Valuation signal
Fairly valuedClosing price of 11 Nov 2026, used by the daily score.
In our model the price counts as cheap below $316.50 and expensive above $738.49 (uncertainty high, based on the price swings of the past year).
The two parts of the fair value come to $613.73 (cash-flow model) and $272.46 (industry comparison), and the gap between them shows how uncertain the estimate is.
Calculated with a cost of equity of 7.2%. At 8.2% the fair value would be $393.37, at 6.2% it would be $516.99.
Valuation metrics
Half from the cash-flow model, half from earnings times the industry P/E (18.9).
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Sep 2026, revenue rose 11.5% on the twelve months before. Revenue has grown solidly since 2006, at about 5% per year.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2025: gross 8%, operating 3%, net 2%.
Debt & balance sheet
latest quarterDebt is elevated. Keep an eye on the interest burden and refinancing.
Earnings
- Next earnings
- 25 Feb 2027in 105 days
- Last reported
- 5 Nov 2026EPS reported $3.85
Analyst estimates
Earnings estimates have barely changed since 15 Oct 2026.
- Earnings per share
- $16.200.0%
- Revenue
- $48.35B+1.0%
- Earnings per share
- $20.44−1.2%
- Revenue
- $54.2B0.0%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook raised
Share price after the results: −3.4%2026 operational net profit guidance raised to EUR 1,025 million to EUR 1,100 million from EUR 950 million to EUR 1,025 million, targeting 30% to 40% growth versus 20% to 30% before.
“A consequence of the acceleration in growth and the group's enhanced prospects, earlier today, we raised HOCHTIEF's operational net profit guidance for 2026 from EUR 1,025 million-EUR 1,100 million, versus the previous EUR 950 million-EUR 1,025 million, targeting an increase of around 30%-40% year-on-year, versus the …”The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 27 Jul 2026 (fiscal Q2 2026), read by AI.
What happened at Hochtief
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
1023 rated companies in Industrials
- This company
- 65
- Sector median
- 61
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Engineering & Construction
The next larger and next smaller companies by market value
- Larsen & ToubroLT.NS $61.85B63
- FerrovialFER $44.2B57
- Comfort Systems USAFIX $40.88B75
- Samsung C&T028260.KS $34.33B53
- EMCOR GroupEME $29.19B73
- China State Construction Engineering601668.SS $28.25B50
- ACS, Actividades de Construcción y ServiciosACS.MC $27.51B64
- GeberitGEBN.SW $23.11B72
ETFs that hold Hochtief
Held by 128 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| First Trust Germany AlphaDEX UCITS ETFFTGG | 3.06% | 0.75% | €7.02M |
| iShares STOXX Europe 600 Construct & Material UCITS ETF (DE)EXV8 | 1.42% | 0.46% | €817.34M |
| Amundi F.A.Z. 100 UCITS ETFC006 | 1.26% | 0.15% | €103.2M |
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| iShares DAX ESG UCITS ETF (DE)EXIA | 0.87% | 0.12% | €141.64M |
| UBS Factor MSCI EMU Prime Value Screened UCITS ETF EUR disUIMZ | 0.77% | 0.25% | €67.65M |
| WisdomTree Eurozone Quality Dividend Growth UCITS ETF EUR AccWTIM | 0.73% | 0.29% | €49.19M |
| iShares EURO STOXX Mid UCITS ETFIQQM | 0.73% | 0.40% | €558.1M |
| Amundi DAX 50 ESG II UCITS ETF DistE909 | 0.66% | 0.15% | €323.69M |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 11 Nov 2026 ($1 = €0.8987)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 3 Jul 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.