← Bottleneck Solvers
BN · rank #10 · 2026-09-07
HAG
XETRA · EUR · $10.69B (USD)
SignalBuy1.6strength 1.6 / 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. | -0.41 |
|---|---|
| Forward revenue growth Consensus forward revenue growth. | +16.6% |
| Forward net margin Consensus forward net margin. | +5.1% |
| Net margin TTM Trailing twelve month net margin. | +4.5% |
| Margin expansion Forward minus trailing net margin (percentage points). | +0.6% |
| Forward PEG Forward P/E to growth. Below 1 is cheap for the growth. | 1.06 |
| Debt / FCF Net debt relative to free cash flow. Lower is safer. | 5.45× |
| Analyst upside Spread between the consensus 12m target and the current price. | +16.2% |
| Last EPS surprise Most recent reported EPS versus consensus. | -3% |
| Market cap (USD) | $10.69B |
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 German defense electronics group specializing in high-end sensors, radar, and optronics for air defense, naval, and ground platforms.
Rationale
The bottleneck-solver signal is supported by strong 16.55% forward revenue growth and a record-high €10.3bn backlog, validating its critical role in resolving European defense sensor and air-defense shortages.
Material risks
- 1Contract and revenue loss stemming from the June 2026 termination of the German Navy F126 frigate programme, which management is currently assessing.
- 2Execution and cash-flow strain from scaling operations while free cash flow remains seasonally negative (-€136m in H1 2026) alongside a high 5.45x debt-to-FCF ratio.
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