This report analyses the financial performance of HELLA Group for the 2019. You will find all the necessary details regarding company's profitability, volume growth, indebtedness and a comparison with selected peers.
HELLA Group announced a net profit of EUR 348 mil in 2019, down 45.1% when compared to the last year. Sales decreased 5.66% yoy to EUR 6,753 mil, EBITDA fell 29.9% to EUR 798 mil and net margin amounted to 5.16%. HELLA Group stock depreciated 21.3% in 2019 to EUR 40.4 per share and the stock traded at 12-month trailing PE of 12.9 and EV/EBITDA of 5.81x at the end of 2019.
The key highlights are:
Sales increased -5.66% yoy to EUR 6,753 mil in 2019. That’s compared to average growth of 1.86% in the last three years and 7.05% when compared to the average annual increase in the last decade.
EBITDA amounted to EUR 798 mil and fell -29.9% when compared to last year. EBITDA margin reached 11.8%, down 0.788 pp when compared to 5-year average.
Company’s indebtedness rose when measured by Net Debt/Equity and reached 7.10% at the end of the year. When compared to EBITDA, net debt rose to 0.244x.
HELLA Group netted EUR 348 mil to its shareholders in the last year, down 7.26% when compared to the average seen in the last five years. The company produced a return on capital of 8.96% and return on equity of 12.6% in the last year.
HELLA Group stock traded at EUR 40.4 per share at the end of 2019 implying a market capitalization of USD 5,039 mil and enterprise value of USD 5,257 mil. This puts the stock at the 12-month trailing price to earnings of 12.9x and EV/EBITDA of 5.81x as of the end of 2019. Over the last five years, the stock price has increased by 0% a year on average and the firm generated its shareholders an average return on equity of 16.5%.
Helgi Library 
