HAWESKO Holding (HAW) AI Stock Analysis

• Market Cap: €194.94M
• Dividend Yield: 5.99%
• Average Volume (3M): 1.02K
• Price to Earnings (P/E): 19.4
• Beta (1Y): 0.20
• Revenue Growth: -1.52%
• EPS Growth: 88.10%
• Country: DE
• Employees: 1,283
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Beverages - Wineries & Distilleries
• EPS (TTM): 0.19
• Shares Outstanding: 8,983,403
• 10 Day Avg. Volume: 843
• 30 Day Avg. Volume: 1,016
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €26.00
• Price Target Upside: 20.37% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 60 Neutral
• Price Target: €23.00 ▲(6.48% Upside)

HAWESKO Holding's overall stock score reflects a mixed outlook. The company's operational efficiency and attractive dividend yield are positive factors. However, challenges such as declining revenue growth, high leverage, and concerning cash flow trends weigh on the score. Technical indicators suggest a lack of strong upward momentum, contributing to a cautious stance.

HAWESKO Holding Business Overview & Revenue Model

Company Description

Hawesko Holding AG, together with its subsidiaries, trades in and sells wines, champagnes, and spirits in Germany and the rest of Europe. The company operates through three segments: Retail, B2B, and E-commerce. It operates 325 Jacques' Wein-Depot outlets, as well as 22 branches of Wein & Co. in Austria. The company was founded in 1964 and is based in Hamburg, Germany. Hawesko Holding AG operates as a subsidiary of Tocos Beteiligung GmbH.

How the Company Makes Money

HAWESKO generates revenue through multiple streams, primarily by selling wines and related products to consumers and businesses. The company has a strong online presence, allowing it to reach a broad customer base and capitalize on e-commerce trends in the wine industry. Key revenue streams include direct sales through its online and offline retail platforms, as well as wholesale distribution to restaurants, hotels, and specialty shops. HAWESKO also benefits from partnerships with prestigious wineries, enhancing its product offerings and attracting a clientele that values quality and exclusivity. Seasonal promotions and curated wine selections further drive sales, contributing to the company's overall profitability.

HAWESKO Holding Financial Statement Overview

Summary

HAWESKO Holding shows operational efficiency with reasonable profit margins but faces challenges with declining revenue growth and high leverage. The cash flow situation is concerning due to negative growth, indicating potential liquidity issues. While profitability is a strength, high debt levels and cash flow challenges could impact future financial stability.

Income Statement

HAWESKO Holding's income statement shows a mixed performance. The TTM data indicates a slight decline in revenue growth at -2.6%, and the net profit margin is relatively low at 1.70%. However, the company maintains a reasonable gross profit margin of 36.28% and an EBIT margin of 4.67%, suggesting some operational efficiency. The EBITDA margin of 8.80% indicates decent earnings before interest, taxes, depreciation, and amortization. Overall, while profitability is present, the declining revenue trend poses a concern.

Balance Sheet

The balance sheet reflects a high debt-to-equity ratio of 1.30, indicating significant leverage, which could pose risks in volatile markets. The return on equity (ROE) is moderate at 9.06%, showing some efficiency in generating profits from shareholders' equity. The equity ratio is not explicitly calculated, but the data suggests a moderate level of equity relative to total assets. While the company is managing its equity effectively, the high leverage is a potential risk factor.

Cash Flow

Cash flow analysis reveals challenges, with a negative free cash flow growth rate of -6.15% in the TTM period. The operating cash flow to net income ratio is 0.34, indicating that operating cash flow covers net income but not robustly. The free cash flow to net income ratio is 0.88, suggesting that free cash flow is close to net income, but the declining trend in free cash flow growth is concerning. Overall, cash flow management needs improvement to ensure sustainability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	630.46M	639.49M	660.28M	671.48M	680.53M	620.27M
Gross Profit	278.41M	284.94M	290.35M	293.83M	300.64M	274.73M
EBITDA	53.84M	57.66M	48.73M	69.12M	76.16M	61.22M
Net Income	10.05M	12.44M	8.13M	25.59M	33.63M	23.82M
Balance Sheet
Total Assets	424.66M	434.59M	444.64M	433.69M	437.55M	427.70M
Cash, Cash Equivalents and Short-Term Investments	15.43M	24.00M	17.14M	30.46M	60.68M	49.82M
Total Debt	129.50M	174.97M	186.03M	155.98M	152.62M	150.80M
Total Liabilities	308.72M	308.71M	318.52M	298.08M	304.85M	310.71M
Stockholders Equity	112.23M	122.34M	122.17M	131.48M	130.53M	114.73M
Cash Flow
Free Cash Flow	41.90M	53.17M	2.12M	20.79M	41.24M	75.34M
Operating Cash Flow	47.66M	60.21M	27.00M	36.76M	49.00M	81.03M
Investing Cash Flow	-5.80M	-6.97M	-31.63M	-17.32M	-2.09M	-10.32M
Financing Cash Flow	-39.09M	-46.24M	-8.72M	-42.03M	-43.98M	-39.66M

HAWESKO Holding Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 21.60
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:HAW, the sentiment is Negative. The current price of 21.6 is below the 20-day moving average (MA) of 22.27, below the 50-day MA of 22.65, and below the 200-day MA of 23.48, indicating a bearish trend. The MACD of -0.24 indicates Positive momentum. The RSI at 40.93 is Neutral, neither overbought nor oversold. The STOCH value of 19.30 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for DE:HAW.

HAWESKO Holding Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SWA	71 Outperform	€117.22M	10.73	―	4.05%	1.20%	24.64%
HAW	60 Neutral	€194.94M	19.39	9.53%	5.99%	-1.52%	88.10%
BEZ	58 Neutral	€36.35M	16.31	-2.70%	2.84%	-5.98%	―
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%