← Bottleneck Solvers
BN · rank #13 · 2026-07-24
HAG
XETRA · EUR · $10.25B (USD)
SignalBuy2.3strength 2.3 / 10
verdict · PROCEED
The exact numbers the algorithm saw.
Bottleneck themes
The structural shortage this name supplies into.
European defense ammunition bottleneck
| Composite score Z-score blend of the factors below; drives the rank. | -0.28 |
|---|---|
| Forward revenue growth Consensus forward revenue growth. | +17.3% |
| Forward net margin Consensus forward net margin. | +4.4% |
| Net margin TTM Trailing twelve month net margin. | +3.9% |
| Margin expansion Forward minus trailing net margin (percentage points). | +0.5% |
| Forward PEG Forward P/E to growth. Below 1 is cheap for the growth. | 1.34 |
| Debt / FCF Net debt relative to free cash flow. Lower is safer. | 6.12× |
| Analyst upside Spread between the consensus 12m target and the current price. | +14.0% |
| Last EPS surprise Most recent reported EPS versus consensus. | -0% |
| Market cap (USD) | $10.25B |
The AI research card
Independent qualitative review of each pick before the order is placed. On the rare day the research service is unavailable, the paper book trades on the quant ranking alone and no card appears here.
Summary
Hensoldt AG is a specialist German defense company supplying advanced sensors, optronics, and electronic warfare systems for land, air, and naval platforms [1].
Rationale
The stock screens well as a European defense bottleneck solver due to its record €9.8 billion order backlog, 3.0x book-to-bill ratio, and 17.25% forward revenue growth [1].
Material risks
- 1Execution and capacity expansion failure that could prevent timely delivery of the massive €9.8 billion backlog, which is already causing negative free cash flow and net losses [1].
- 2High customer concentration with the German Bundeswehr, exposure to program-specific setbacks like the F126, and near-term volatility from H1 2026 earnings on July 31, 2026 [1].
AI verdict council
Each pick is reviewed independently by 3 models before any order. 2 of 3 voted to proceed.
OpenAI
Proceed
Claude
Caution
Gemini
Proceed