Cash flow Heidelberger Druckmaschinen AG

Stocks

HDD

DE0007314007

Industrial Machinery & Equipment

Market Closed - Xetra Other stock markets 11:35:23 2026-07-17 am EDT			5-day change	1st Jan Change
1.329 ^EUR	-2.49%		-3.35%	-34.53%

Jun. 30	Heidelberger Druckmaschinen Aktiengesellschaft signed an agreement to acquire Presses and Systems of POLAR Mohr Maschinenvertriebsgesellschaft GmbH & Co. KG.	CI
Jun. 25	HEIDELBERGER DRUCKMASCHINEN AG : Raised to Buy by Warburg Research	ZD

efb1777a3.CDidZZf5DLaqg4I-AJzATV7YbIpLMqjZ7vUYn7D3Lu8.Onb7VdChXueb1stzTvOKEmqbL7tzd_eRpNhW5ee2H9pBXvoWx7Vlheng7Q

Published financial data: HEIDELBERGER DRUCKMASCHINEN AG

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2022	2023	2024	2025	2026
Revenues	2.2B	2.47B	2.42B	2.31B	2.32B
Total Revenues	2.2B	2.47B	2.42B	2.31B	2.32B
Cost of Goods Sold, Total	1.01B	1.15B	1.12B	1.05B	1.08B
Gross Profit	1.19B	1.32B	1.31B	1.27B	1.23B
Selling General & Admin Expenses, Total	821M	827M	837M	830M	809M
Depreciation & Amortization - (IS)	76.76M	77M	76M	76M	78M
Other Operating Expenses	275M	315M	351M	290M	292M
Other Operating Expenses, Total	1.17B	1.22B	1.26B	1.2B	1.18B
Operating Income	15M	103M	44M	71M	52M
Interest Expense, Total	-16.19M	-11M	-16M	-14M	-9M
Interest And Investment Income	4.71M	11M	7M	6M	5M
Net Interest Expenses	-11.49M	0	-9M	-8M	-4M
Income (Loss) On Equity Invest.	-	-	-	-	-1M
Currency Exchange Gains (Loss)	-5.76M	0	-3M	-4M	-2M
Other Non Operating Income (Expenses)	-5.9M	-3M	-5M	-1M	-1M
EBT, Excl. Unusual Items	-8.16M	100M	27M	58M	44M
Restructuring Charges	-	-	-	-25M	-
Impairment of Goodwill	-	-1M	-	-	-
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Gain (Loss) On Sale Of Assets	61.62M	29M	1M	1M	1M
Asset Writedown	-2.67M	0	31M	-	-
Legal Settlements	-	-	-4M	-7M	-8M
Other Unusual Items	-	-17M	-	-	-
EBT, Incl. Unusual Items	50.8M	111M	55M	27M	37M
Income Tax Expense	17.74M	20M	16M	22M	22M
Earnings From Continuing Operations	33.06M	91M	39M	5M	15M
Net Income to Company	33.06M	91M	39M	5M	15M
Net Income - (IS)	33.06M	91M	39M	5M	15M
Net Income to Common Incl Extra Items	33.06M	91M	39M	5M	15M
Net Income to Common Excl. Extra Items	33.06M	91M	39M	5M	15M
Per Share Items
Net EPS - Basic	0.11	0.3	0.13	0.02	0.05
Basic EPS - Continuing Operations	0.11	0.3	0.13	0.02	0.05
Basic Weighted Average Shares Outstanding	304M	304M	304M	304M	304M
Net EPS - Diluted	0.11	0.3	0.13	0.02	0.05
Diluted EPS - Continuing Operations	0.11	0.3	0.13	0.02	0.05
Diluted Weighted Average Shares Outstanding	304M	304M	304M	304M	304M
Normalized Basic EPS	-0.02	0.21	0.06	0.12	0.09
Normalized Diluted EPS	-0.02	0.21	0.06	0.12	0.09
American Depositary Receipts Ratio (ADR)	0.5	0.5	0.5	0.5	0.5
Supplemental Items
EBITDA	92.79M	148M	94M	117M	98M
EBITA	15M	103M	44M	71M	52M
EBIT	15M	103M	44M	71M	52M
EBITDAR	103M	161M	109M	131M	113M
Total Revenues (As Reported)	2.23B	2.44B	2.34B	2.32B	2.28B
Effective Tax Rate - (Ratio)	34.92	18.02	29.09	81.48	59.46
Current Domestic Taxes	6.14M	-9M	-14M	1M	-4M
Current Foreign Taxes	25.94M	27M	20M	25M	23M
Total Current Taxes	32.08M	18M	6M	26M	19M
Deferred Domestic Taxes	-10.67M	5M	6M	7M	-7M
Deferred Foreign Taxes	-3.67M	-3M	4M	-11M	10M
Total Deferred Taxes	-14.34M	2M	10M	-4M	3M
Normalized Net Income	-5.1M	62.5M	16.88M	36.25M	27.5M
Interest on Long-Term Debt	-	2M	2M	3M	3M
Non-Cash Pension Expense	12.58M	16M	23M	24M	24M
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	98M	96M	104M	108M	104M
Net Rental Expense, Total	10.21M	13M	15M	14M	15M
Imputed Operating Lease Interest Expense	6.51M	9.65M	21.57M	20.23M	12M
Imputed Operating Lease Depreciation	3.7M	3.35M	-6.57M	-6.23M	3M
Stock-Based Comp., SG&A Exp. (Total)	863K	-	-	-	-
Stock-Based Comp., Other (Total)	-	678K	723K	1.84M	1.39M
Total Stock-Based Compensation	863K	678K	723K	1.84M	1.39M

Fiscal Period: March	2022	2023	2024	2025	2026
Assets
Cash And Equivalents	146M	153M	153M	171M	141M
Short Term Investments	20M	6M	-	-	-
Total Cash And Short Term Investments	166M	159M	153M	171M	141M
Accounts Receivable, Total	269M	307M	269M	274M	261M
Other Receivables	79.46M	27M	27M	23M	24M
Notes Receivable	55K	-	-	-	-
Total Receivables	348M	334M	296M	297M	285M
Inventory	631M	643M	588M	608M	572M
Prepaid Expenses	-	10M	11M	11M	11M
Other Current Assets, Total	78.65M	46M	56M	50M	48M
Total Current Assets	1.22B	1.19B	1.1B	1.14B	1.06B
Gross Property Plant And Equipment	1.99B	2.03B	2.03B	2.05B	2.03B
Accumulated Depreciation	-1.36B	-1.37B	-1.38B	-1.4B	-1.39B
Net Property Plant And Equipment	623M	665M	649M	650M	638M
Long-term Investments	6.54M	15M	10M	9M	9M
Goodwill	128M	126M	126M	126M	126M
Other Intangibles, Total	19.75M	18M	16M	14M	16M
Accounts Receivable Long-Term	22.6M	25M	26M	32M	29M
Loans Receivable Long-Term	957K	1M	-	-	-
Deferred Tax Assets Long-Term	75.24M	70M	61M	71M	62M
Deferred Charges Long-Term	51.58M	66M	75M	78M	86M
Other Long-Term Assets, Total	32M	43M	47M	57M	63M
Total Assets	2.18B	2.22B	2.11B	2.17B	2.09B
Liabilities
Accounts Payable, Total	216M	225M	227M	243M	217M
Accrued Expenses, Total	148M	156M	157M	147M	127M
Current Portion of Long-Term Debt	53.87M	39M	19M	10M	11M
Current Portion of Leases	19.07M	19M	21M	26M	24M
Current Income Taxes Payable	16.88M	18M	19M	13M	14M
Unearned Revenue Current, Total	269M	244M	185M	236M	192M
Other Current Liabilities	156M	151M	140M	178M	179M
Total Current Liabilities	880M	852M	768M	853M	764M
Long-Term Debt	37.99M	10M	1M	1M	17M
Long-Term Leases	24.24M	34M	35M	42M	49M
Unearned Revenue Non Current	19.29M	19M	22M	19M	20M
Pension & Other Post Retirement Benefits	843M	683M	688M	650M	605M
Deferred Tax Liability Non Current	2.56M	1M	3M	11M	15M
Other Non Current Liabilities	134M	108M	70M	52M	48M
Total Liabilities	1.94B	1.71B	1.59B	1.63B	1.52B
Common Stock, Total	779M	779M	779M	779M	779M
Retained Earnings	-575M	-333M	-310M	-283M	-248M
Comprehensive Income and Other	38.1M	68M	58M	50M	37M
Total Common Equity	242M	514M	527M	546M	568M
Total Equity	242M	514M	527M	546M	568M
Total Liabilities And Equity	2.18B	2.22B	2.11B	2.17B	2.09B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	304M	304M	304M	304M	304M
ECS Total Common Shares Outstanding	304M	304M	304M	304M	304M
Book Value / Share	0.8	1.69	1.73	1.79	1.87
Tangible Book Value	94.49M	370M	385M	406M	426M
Tangible Book Value Per Share	0.31	1.22	1.27	1.33	1.4
Total Debt	135M	102M	76M	79M	101M
Net Debt	-30.54M	-57M	-77M	-92M	-40M
Debt Equivalent of Unfunded Proj. Benefit Obligation	842M	683M	686M	650M	605M
Debt Equivalent Oper. Leases	81.66M	104M	120M	112M	120M
Equity Method Investments, Total	155K	-	-	-	-
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	120M	145M	143M	142M	132M
Inventories - Work In Process, Total	252M	257M	223M	232M	229M
Inventories - Finished Goods, Total	249M	230M	215M	224M	203M
Inventories - Others	10.42M	11M	7M	10M	8M
Land - (BS)	774M	830M	829M	834M	836M
Machinery, Total	1.21B	1.2B	1.2B	1.22B	1.19B
Full Time Employees	10.17K	9.94K	10.01K	9.72K	9.45K
Part Time Employees	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	7.71M	5M	5M	4M	6M
Order Backlog	901M	848M	652M	722M	639M

Fiscal Period: March	2022	2023	2024	2025	2026
Net Income	33.06M	91M	39M	5M	15M
Depreciation & Amortization - CF	77.8M	61M	67M	66M	66M
Depreciation & Amortization, Total	77.8M	61M	67M	66M	66M
Amortization of Deferred Charges, Total - (CF)	-	12M	12M	10M	11M
(Gain) Loss From Sale Of Asset	-35.54M	-24M	-	-	2M
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Asset Writedown & Restructuring Costs	2.67M	2M	-	1M	1M
Other Operating Activities, Total	-32.61M	-24M	-3M	-17M	-10M
Change In Accounts Receivable	68.49M	-36M	37M	-5M	1M
Change In Inventories	-74.29M	-17M	51M	-23M	41M
Change In Accounts Payable	-	-	3M	18M	-23M
Change in Other Net Operating Assets	11.65M	-32M	-116M	58M	-68M
Cash from Operations	51.22M	33M	90M	113M	36M
Capital Expenditure	-55.42M	-78M	-65M	-88M	-65M
Sale of Property, Plant, and Equipment	64.88M	105M	22M	26M	22M
Cash Acquisitions	-	-	-	-	-
Divestitures	27M	-	-	-	-
Investment in Marketable and Equity Securities, Total	-128K	11M	9M	-	-11M
Other Investing Activities, Total	-	1M	-	-	-
Cash from Investing	36.33M	39M	-34M	-62M	-54M
Long-Term Debt Issued, Total	4.48M	80M	107M	200M	289M
Total Debt Issued	4.48M	80M	107M	200M	289M
Long-Term Debt Repaid, Total	-157M	-140M	-160M	-231M	-298M
Total Debt Repaid	-157M	-140M	-160M	-231M	-298M
Issuance of Common Stock	-	-	-	-	-
Other Financing Activities, Total	-	-	-	-	-
Cash from Financing	-152M	-60M	-53M	-31M	-9M
Foreign Exchange Rate Adjustments	6.16M	-4M	-3M	-2M	-2M
Miscellaneous Cash Flow Adjustments	-	-1M	-	2M	-1M
Net Change in Cash	-58.66M	7M	-	20M	-30M
Supplemental Items
Cash Interest Paid	13.25M	7M	10M	10M	11M
Cash Income Tax Paid (Refund)	22.2M	12M	30M	35M	24M
Levered Free Cash Flow	43.64M	66.18M	48.22M	99.47M	1.27M
Unlevered Free Cash Flow	53.76M	73.05M	58.22M	108M	6.89M
Change In Net Working Capital	-21.14M	-13M	-16M	-74M	39M
Net Debt Issued / Repaid	-152M	-60M	-53M	-31M	-9M

Fiscal Period: March	2022	2023	2024	2025	2026
Profitability
Return on Assets	0.43	2.92	1.27	2.07	1.53
Return on Total Capital	2.48	12.97	4.51	7.23	5.02
Return On Equity %	18.83	24.07	7.49	0.93	2.69
Return on Common Equity	18.83	24.07	7.49	0.93	2.69
Margin Analysis
Gross Profit Margin %	53.97	53.52	53.94	54.75	53.15
SG&A Margin	37.29	33.48	34.52	35.87	34.93
EBITDA Margin %	4.21	5.99	3.88	5.06	4.23
EBITA Margin %	0.68	4.17	1.81	3.07	2.25
EBIT Margin %	0.68	4.17	1.81	3.07	2.25
Income From Continuing Operations Margin %	1.5	3.68	1.61	0.22	0.65
Net Income Margin %	1.5	3.68	1.61	0.22	0.65
Net Avail. For Common Margin %	1.5	3.68	1.61	0.22	0.65
Normalized Net Income Margin	-0.23	2.53	0.7	1.57	1.19
Levered Free Cash Flow Margin	1.98	2.68	1.99	4.3	0.05
Unlevered Free Cash Flow Margin	2.44	2.96	2.4	4.68	0.3
Asset Turnover
Asset Turnover	1.01	1.12	1.12	1.08	1.09
Fixed Assets Turnover	3.4	3.84	3.69	3.56	3.6
Receivables Turnover (Average Receivables)	8.16	8.58	8.42	8.52	8.66
Inventory Turnover (Average Inventory)	1.73	1.8	1.81	1.75	1.84
Short Term Liquidity
Current Ratio	1.39	1.4	1.44	1.33	1.38
Quick Ratio	0.58	0.58	0.58	0.55	0.56
Operating Cash Flow to Current Liabilities	0.06	0.04	0.12	0.13	0.05
Days Sales Outstanding (Average Receivables)	44.72	42.56	43.47	42.83	42.16
Days Outstanding Inventory (Average Inventory)	211.14	202.53	201.68	208.47	198.48
Average Days Payable Outstanding	60.03	69.38	77.89	80.39	80.03
Cash Conversion Cycle (Average Days)	195.83	175.71	167.26	170.91	160.61
Long Term Solvency
Total Debt/Equity	55.85	19.84	14.42	14.47	17.78
Total Debt / Total Capital	35.84	16.56	12.6	12.64	15.1
LT Debt/Equity	25.71	8.56	6.83	7.88	11.62
Long-Term Debt / Total Capital	16.5	7.14	5.97	6.88	9.87
Total Liabilities / Total Assets	88.91	76.86	75.07	74.88	72.77
EBIT / Interest Expense	0.93	9.36	2.75	5.07	5.78
EBITDA / Interest Expense	5.73	14.91	6.94	9.79	13.11
(EBITDA - Capex) / Interest Expense	2.31	7.82	2.88	3.5	5.89
Total Debt / EBITDA	1.46	0.62	0.68	0.58	0.86
Net Debt / EBITDA	-0.33	-0.35	-0.69	-0.67	-0.34
Total Debt / (EBITDA - Capex)	3.62	1.19	1.65	1.61	1.91
Net Debt / (EBITDA - Capex)	-0.82	-0.66	-1.67	-1.88	-0.75
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	13.71	12.12	-1.82	-4.58	0.04
Gross Profit, 1 Yr. Growth %	20.26	11.19	-1.06	-3.13	-2.92
EBITDA, 1 Yr. Growth %	53.3	55.79	-26.56	-6.4	-17.65
EBITA, 1 Yr. Growth %	-182.69	472.22	-46.99	-5.33	-27.78
EBIT, 1 Yr. Growth %	-182.69	472.22	-46.99	-5.33	-27.78
Earnings From Cont. Operations, 1 Yr. Growth %	-177.08	175.76	-57.14	-87.18	200
Net Income, 1 Yr. Growth %	-177.08	175.76	-57.14	-87.18	200
Normalized Net Income, 1 Yr. Growth %	-81.18	-1.53K	-66.25	0	-24.14
Diluted EPS Before Extra, 1 Yr. Growth %	-177.08	175.76	-57.14	-87.18	200
Accounts Receivable, 1 Yr. Growth %	-0.79	14.13	-12.38	1.86	-4.74
Inventory, 1 Yr. Growth %	16.4	1.9	-8.55	3.4	-5.92
Net Property, Plant and Equip., 1 Yr. Growth %	-7.53	6.74	-2.41	0.15	-1.85
Total Assets, 1 Yr. Growth %	0.66	1.74	-4.82	2.84	-4.05
Tangible Book Value, 1 Yr. Growth %	-304.83	289.47	4.05	5.45	4.93
Common Equity, 1 Yr. Growth %	121.94	112.4	2.53	3.61	4.03
Cash From Operations, 1 Yr. Growth %	93.02K	-35.29	172.73	25.56	-68.14
Capital Expenditures, 1 Yr. Growth %	-7.33	41.82	-18.75	35.38	-26.14
Levered Free Cash Flow, 1 Yr. Growth %	-38.24	50.17	-6.69	47.4	-98.75
Unlevered Free Cash Flow, 1 Yr. Growth %	-38.19	35.11	-0.56	39.67	-93.73
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-3.76	12.93	4.92	-3.21	-2.27
Gross Profit, 2 Yr. CAGR %	-4.15	15.66	4.88	-2.1	-2.99
EBITDA, 2 Yr. CAGR %	18.85	56.37	-0.53	-4.39	-11.46
EBITA, 2 Yr. CAGR %	-27.03	138.3	56.35	-7.51	-16.73
EBIT, 2 Yr. CAGR %	-27.03	138.3	56.35	-7.51	-16.73
Earnings From Cont. Operations, 2 Yr. CAGR %	-68.95	45.66	8.71	-76.56	-37.98
Net Income, 2 Yr. CAGR %	-68.95	45.66	8.71	-76.56	-37.98
Normalized Net Income, 2 Yr. CAGR %	-65.81	51.91	96.4	-14.85	-12.9
Diluted EPS Before Extra, 2 Yr. CAGR %	-69	45.66	8.71	-76.56	-37.98
Accounts Receivable, 2 Yr. CAGR %	-8.11	6.46	0	-5.53	-1.5
Inventory, 2 Yr. CAGR %	-2.25	8.92	-3.47	-2.76	-1.37
Net Property, Plant and Equip., 2 Yr. CAGR %	-6.44	-0.67	2.07	-1.13	-0.85
Total Assets, 2 Yr. CAGR %	-8.41	1.19	-1.59	-1.06	-0.66
Tangible Book Value, 2 Yr. CAGR %	40.32	183.2	101.31	4.75	5.19
Common Equity, 2 Yr. CAGR %	9.34	117.11	47.57	3.07	3.82
Cash From Operations, 2 Yr. CAGR %	-2.57	2.35K	32.84	85.05	-36.75
Capital Expenditures, 2 Yr. CAGR %	-23.83	14.21	8.71	4.88	0
Levered Free Cash Flow, 2 Yr. CAGR %	41.48	-3.22	4.61	38.74	-86.3
Unlevered Free Cash Flow, 2 Yr. CAGR %	7.12	-8.35	3.77	35.95	-70.18
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-4.45	1.28	7.78	1.65	-2.12
Gross Profit, 3 Yr. CAGR %	-5.21	0.72	9.79	2.14	-2.35
EBITDA, 3 Yr. CAGR %	-17.64	31.1	15.8	7.19	-8.52
EBITA, 3 Yr. CAGR %	-45.7	54.06	34.37	58	-14.43
EBIT, 3 Yr. CAGR %	-45.7	54.06	34.37	58	-14.43
Earnings From Cont. Operations, 3 Yr. CAGR %	16.56	-35.74	-3.12	-46.69	-45.17
Net Income, 3 Yr. CAGR %	16.56	-35.74	-3.12	-46.69	-45.17
Normalized Net Income, 3 Yr. CAGR %	-47.59	12.74	-14.59	102.35	-18.07
Diluted EPS Before Extra, 3 Yr. CAGR %	15.77	-35.8	-3.12	-46.69	-45.17
Accounts Receivable, 3 Yr. CAGR %	-11.61	-1.2	-0.23	0.62	-5.27
Inventory, 3 Yr. CAGR %	-2.7	-0.87	2.75	-1.23	-3.83
Net Property, Plant and Equip., 3 Yr. CAGR %	4.48	-2.25	-1.25	1.42	-1.37
Total Assets, 3 Yr. CAGR %	-2.13	-5.15	-0.85	-0.14	-2.07
Tangible Book Value, 3 Yr. CAGR %	-26.04	97.55	102.84	62.28	4.81
Common Equity, 3 Yr. CAGR %	-15.38	36.43	69.07	31.16	3.39
Cash From Operations, 3 Yr. CAGR %	65.6	-15.11	1.08K	30.37	2.94
Capital Expenditures, 3 Yr. CAGR %	-23.73	-6.53	2.82	16.96	-6.69
Levered Free Cash Flow, 3 Yr. CAGR %	-23.52	44.79	-11.95	31.17	-70.95
Unlevered Free Cash Flow, 3 Yr. CAGR %	-9.09	15.96	-12.52	26.02	-50.99
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-3.14	0.04	-0.8	-0.54	3.64
Gross Profit, 5 Yr. CAGR %	-3.18	-0.85	-1.28	-0.42	4.49
EBITDA, 5 Yr. CAGR %	-11.22	-1.51	-10.76	12.24	10.12
EBITA, 5 Yr. CAGR %	-31.06	2.42	-14.02	20.31	23.45
EBIT, 5 Yr. CAGR %	-31.06	2.42	-14.02	20.31	23.45
Earnings From Cont. Operations, 5 Yr. CAGR %	-1.82	46.33	13.32	-57.07	-18.95
Net Income, 5 Yr. CAGR %	-1.82	46.33	13.32	-57.07	-18.95
Normalized Net Income, 5 Yr. CAGR %	-32.16	12.77	-13.78	-3.63	0.3
Diluted EPS Before Extra, 5 Yr. CAGR %	-4.95	43.23	12.86	-57.1	-18.95
Accounts Receivable, 5 Yr. CAGR %	-7.6	-5.05	-7.12	-2.95	-0.74
Inventory, 5 Yr. CAGR %	1.64	0.65	-3	-1.63	1.08
Net Property, Plant and Equip., 5 Yr. CAGR %	5.97	6.56	3.5	-1.81	-1.09
Total Assets, 5 Yr. CAGR %	-0.33	-0.31	-1.92	-3.54	-0.78
Tangible Book Value, 5 Yr. CAGR %	-12.82	15.27	10.51	53.28	55.98
Common Equity, 5 Yr. CAGR %	-6.58	8.56	5.7	21.95	39.11
Cash From Operations, 5 Yr. CAGR %	-18.13	-17.75	51.5	15.94	265.75
Capital Expenditures, 5 Yr. CAGR %	-11.53	-7.4	-12.24	-1.63	1.68
Levered Free Cash Flow, 5 Yr. CAGR %	-4.12	14.11	-13.14	35.47	-55.26
Unlevered Free Cash Flow, 5 Yr. CAGR %	-8.02	4.76	-4.04	18.23	-39.77