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Obrascón Huarte Lain

BATS-CHIXE:OHLE
Snowflake Description

Adequate balance sheet unattractive dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
OHLE
BATS-CHIXE
€211M
Market Cap
  1. Home
  2. GB
  3. Capital Goods
Company description

Obrascón Huarte Lain, S.A. engages in the concessions and construction businesses primarily in Spain, the United States, Canada, Mexico, Colombia, Peru, Chile, and Central Europe. The last earnings update was 40 days ago. More info.


Add to Portfolio Compare Print
  • Obrascón Huarte Lain has significant price volatility in the past 3 months.
OHLE Share Price and Events
7 Day Returns
9.2%
BATS-CHIXE:OHLE
3.8%
GB Construction
0.1%
GB Market
1 Year Returns
-38.2%
BATS-CHIXE:OHLE
-34.1%
GB Construction
-23.6%
GB Market
OHLE Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Obrascón Huarte Lain (OHLE) 9.2% -23.3% -38.5% -38.2% -85.7% -96.7%
GB Construction 3.8% -20.1% -22.7% -34.1% -57.8% -57.3%
GB Market 0.1% -15.5% -27% -23.6% -24.3% -23.5%
1 Year Return vs Industry and Market
  • OHLE underperformed the Construction industry which returned -34.1% over the past year.
  • OHLE underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -23.6% over the past year.
Price Volatility
OHLE
Industry
5yr Volatility vs Market

OHLE Value

 Is Obrascón Huarte Lain undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Obrascón Huarte Lain to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Obrascón Huarte Lain.

BATS-CHIXE:OHLE Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 15.5%
Perpetual Growth Rate 10-Year GB Government Bond Rate 0.5%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BATS-CHIXE:OHLE
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 0.5%
Equity Risk Premium S&P Global 7.5%
Construction Unlevered Beta Simply Wall St/ S&P Global 0.86
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.863 (1 + (1- 25%) (360.8%))
2.473
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.53% + (2 * 7.46%)
15.45%

Discounted Cash Flow Calculation for BATS-CHIXE:OHLE using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Obrascón Huarte Lain is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

BATS-CHIXE:OHLE DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 15.45%)
2020 -99.93 Analyst x3 -86.56
2021 -57.47 Analyst x3 -43.11
2022 40.00 Analyst x1 25.99
2023 48.00 Analyst x1 27.02
2024 54.00 Analyst x1 26.33
2025 58.17 Est @ 7.72% 24.57
2026 61.40 Est @ 5.56% 22.46
2027 63.89 Est @ 4.05% 20.24
2028 65.81 Est @ 3% 18.06
2029 67.29 Est @ 2.26% 16.00
Present value of next 10 years cash flows €50.00
BATS-CHIXE:OHLE DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= €67.29 × (1 + 0.53%) ÷ (15.45% – 0.53%)
€453.41
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €453.41 ÷ (1 + 15.45%)10
€107.78
BATS-CHIXE:OHLE Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €50.00 + €107.78
€157.78
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €157.78 / 286.03
€0.55
BATS-CHIXE:OHLE Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in BATS-CHIXE:OHLE represents 0.90502x of BME:OHL
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.90502x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (EUR) x Listing Adjustment Factor
= € 0.55 x 0.90502
€0.50
Value per share (EUR) From above. €0.50
Current discount Discount to share price of €0.67
= -1 x (€0.67 - €0.50) / €0.50
-33.6%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Obrascón Huarte Lain is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Obrascón Huarte Lain's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Obrascón Huarte Lain's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BATS-CHIXE:OHLE PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in EUR €-0.45
BME:OHL Share Price ** BME (2020-04-03) in EUR €0.74
United Kingdom of Great Britain and Northern Ireland Construction Industry PE Ratio Median Figure of 17 Publicly-Listed Construction Companies 7.67x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 748 Publicly-Listed Companies 12.61x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Obrascón Huarte Lain.

BATS-CHIXE:OHLE PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BME:OHL Share Price ÷ EPS (both in EUR)

= 0.74 ÷ -0.45

-1.65x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Obrascón Huarte Lain is loss making, we can't compare its value to the GB Construction industry average.
  • Obrascón Huarte Lain is loss making, we can't compare the value of its earnings to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Obrascón Huarte Lain's expected growth come at a high price?
Raw Data
BATS-CHIXE:OHLE PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.65x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
110%per year
United Kingdom of Great Britain and Northern Ireland Construction Industry PEG Ratio Median Figure of 9 Publicly-Listed Construction Companies 0.83x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 517 Publicly-Listed Companies 0.99x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Obrascón Huarte Lain, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Obrascón Huarte Lain's assets?
Raw Data
BATS-CHIXE:OHLE PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in EUR €2.24
BME:OHL Share Price * BME (2020-04-03) in EUR €0.74
United Kingdom of Great Britain and Northern Ireland Construction Industry PB Ratio Median Figure of 19 Publicly-Listed Construction Companies 1.06x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,323 Publicly-Listed Companies 1.11x
BATS-CHIXE:OHLE PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BME:OHL Share Price ÷ Book Value per Share (both in EUR)

= 0.74 ÷ 2.24

0.33x

* Primary Listing of Obrascón Huarte Lain.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Obrascón Huarte Lain is good value based on assets compared to the GB Construction industry average.
X
Value checks
We assess Obrascón Huarte Lain's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Construction industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Construction industry average (and greater than 0)? (1 check)
  5. Obrascón Huarte Lain has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

OHLE Future Performance

 How is Obrascón Huarte Lain expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
110%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Obrascón Huarte Lain expected to grow at an attractive rate?
  • Unable to compare Obrascón Huarte Lain's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Growth vs Market Checks
  • Unable to compare Obrascón Huarte Lain's earnings growth to the United Kingdom of Great Britain and Northern Ireland market average as it is expected to be loss making during the next 1-3 years.
  • Obrascón Huarte Lain's revenue growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
BATS-CHIXE:OHLE Future Growth Rates Data Sources
Data Point Source Value (per year)
BATS-CHIXE:OHLE Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 110%
BATS-CHIXE:OHLE Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 3.9%
United Kingdom of Great Britain and Northern Ireland Construction Industry Earnings Growth Rate Market Cap Weighted Average 15.7%
United Kingdom of Great Britain and Northern Ireland Construction Industry Revenue Growth Rate Market Cap Weighted Average 3.7%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 15.5%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 2.5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BATS-CHIXE:OHLE Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BATS-CHIXE:OHLE Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-12-31
2023-12-31
2022-12-31
2021-12-31 3,197 -11 2
2020-12-31 3,098 -21 2
2020-04-07
BATS-CHIXE:OHLE Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-12-31 2,960 -128
2019-09-30 2,978 -217 -181
2019-06-30 2,828 -42 -633
2019-03-31 2,884 -390 -703
2018-12-31 2,907 -572 -955
2018-09-30 2,481 -691 -978
2018-06-30 3,025 -591 -266
2018-03-31 3,106 -168 -346
2017-12-31 3,172 -134 -209
2017-09-30 3,486 82 -452
2017-06-30 2,854 -455 -1,137
2017-03-31 3,160 -325 -1,001

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Obrascón Huarte Lain is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • Obrascón Huarte Lain's revenue is expected to grow by 3.9% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BATS-CHIXE:OHLE Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Obrascón Huarte Lain Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BATS-CHIXE:OHLE Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-12-31
2023-12-31
2022-12-31 0.04 0.04 0.04 1.00
2021-12-31 -0.04 0.01 -0.08 2.00
2020-12-31 -0.13 -0.06 -0.23 3.00
2020-04-07
BATS-CHIXE:OHLE Past Financials Data
Date (Data in EUR Millions) EPS *
2019-12-31 -0.45
2019-09-30 -0.63
2019-06-30 -2.21
2019-03-31 -2.46
2018-12-31 -3.34
2018-09-30 -3.42
2018-06-30 -0.93
2018-03-31 -1.21
2017-12-31 -0.73
2017-09-30 -1.58
2017-06-30 -3.96
2017-03-31 -3.50

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Obrascón Huarte Lain will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Obrascón Huarte Lain's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Obrascón Huarte Lain has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

OHLE Past Performance

  How has Obrascón Huarte Lain performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Obrascón Huarte Lain's growth in the last year to its industry (Construction).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Obrascón Huarte Lain does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Obrascón Huarte Lain's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Obrascón Huarte Lain's 1-year growth to the GB Construction industry average as it is not currently profitable.
Earnings and Revenue History
Obrascón Huarte Lain's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Obrascón Huarte Lain Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BATS-CHIXE:OHLE Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 2,959.90 -127.80 757.50
2019-09-30 2,978.10 -180.94 762.98
2019-06-30 2,828.20 -633.48 790.56
2019-03-31 2,883.70 -703.24 811.18
2018-12-31 2,906.90 -955.44 814.18
2018-09-30 2,480.81 -978.31 749.10
2018-06-30 3,024.91 -266.10 775.24
2018-03-31 3,106.01 -346.11 803.30
2017-12-31 3,172.11 -208.71 824.10
2017-09-30 3,485.73 -451.54 928.00
2017-06-30 2,853.52 -1,137.00 845.03
2017-03-31 3,159.67 -1,001.45 845.58
2016-12-31 3,342.37 -854.15 854.78
2016-09-30 4,431.07 -10.57 923.49
2016-06-30 4,520.80 6.23 910.87
2016-03-31 4,434.97 31.33 904.39
2015-12-31 4,368.87 55.63 891.39
2015-09-30 4,314.72 5.82 838.48
2015-06-30 3,922.64 35.39 801.02
2015-03-31 3,736.99 11.92 754.38
2014-12-31 3,634.09 23.22 720.28
2014-09-30 3,636.87 209.58 716.25
2014-06-30 3,467.99 216.31 699.29
2014-03-31 3,705.47 262.78 680.95
2013-12-31 3,517.90 270.38 670.95
2013-09-30 3,739.19 -43.35 672.47
2013-06-30 3,788.16 -103.85 662.02

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Obrascón Huarte Lain has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Obrascón Huarte Lain has efficiently used its assets last year compared to the GB Construction industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Obrascón Huarte Lain improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Obrascón Huarte Lain's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Construction industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Obrascón Huarte Lain has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

OHLE Health

 How is Obrascón Huarte Lain's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Obrascón Huarte Lain's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Obrascón Huarte Lain is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Obrascón Huarte Lain's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Obrascón Huarte Lain's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 3.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Obrascón Huarte Lain Company Filings, last reported 3 months ago.

BATS-CHIXE:OHLE Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 638.00 729.10 644.40
2019-09-30 749.40 735.50 592.90
2019-06-30 752.99 806.53 623.80
2019-03-31 774.50 739.60 765.90
2018-12-31 785.67 779.12 842.60
2018-09-30 888.40 754.00 909.30
2018-06-30 1,425.21 781.66 874.29
2018-03-31 3,882.60 1,667.60 405.70
2017-12-31 4,183.23 1,585.19 480.87
2017-09-30 4,292.60 4,078.30 1,082.50
2017-06-30 4,480.23 4,042.44 855.84
2017-03-31 4,480.50 4,246.50 914.10
2016-12-31 4,042.89 4,411.52 1,210.37
2016-09-30 4,392.50 4,757.80 919.30
2016-06-30 4,521.54 5,435.72 724.76
2016-03-31 4,771.20 5,320.10 1,096.40
2015-12-31 4,811.67 5,492.42 1,134.78
2015-09-30 3,770.30 6,965.50 1,169.20
2015-06-30 4,042.75 7,054.67 997.94
2015-03-31 3,877.90 7,651.20 1,598.20
2014-12-31 3,492.38 6,784.84 819.58
2014-09-30 3,538.70 7,428.80 883.60
2014-06-30 3,298.71 7,302.29 701.56
2014-03-31 3,342.50 7,101.70 1,193.50
2013-12-31 3,281.96 6,747.11 842.56
2013-09-30 3,093.40 6,781.80 1,195.90
2013-06-30 3,120.49 6,526.97 799.26
  • Obrascón Huarte Lain's level of debt (112.2%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (194.4% vs 112.2% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Obrascón Huarte Lain has sufficient cash runway for 2.4 years based on current free cash flow.
  • Unable to confirm if Obrascón Huarte Lain has at least 1 year of cash runway based on growing free cash flows without relevant data.
X
Financial health checks
We assess Obrascón Huarte Lain's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Obrascón Huarte Lain has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

OHLE Dividends

 What is Obrascón Huarte Lain's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
47.35%
Current annual income from Obrascón Huarte Lain dividends. Estimated to be 0% next year.
If you bought €2,000 of Obrascón Huarte Lain shares you are expected to receive €947 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Obrascón Huarte Lain's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (2.59%).
  • Obrascón Huarte Lain's dividend is above the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (7.08%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BATS-CHIXE:OHLE Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Construction Industry Average Dividend Yield Market Cap Weighted Average of 13 Stocks 5.8%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 588 Stocks 5.6%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1.3%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2.6%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 7.1%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BATS-CHIXE:OHLE Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2024-12-31
2023-12-31
2022-12-31
2021-12-31 0.00 2.00
2020-12-31 0.00 3.00
2020-04-07
BATS-CHIXE:OHLE Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-04-11 0.349 34.850
2019-02-28 0.349 31.234
2018-11-14 0.349 45.368
2018-09-26 0.349 27.768
2017-05-11 0.000 0.000
2017-02-28 0.000 0.000
2016-06-21 0.047 1.482
2015-05-28 0.350 5.023
2015-04-07 0.351 1.774
2015-02-26 0.351 1.712
2014-05-12 0.678 2.726
2013-05-14 0.652 2.216
2012-07-31 0.560 2.610
2012-04-03 0.560 3.344
2012-02-29 0.560 2.408
2011-03-31 0.490 2.305
2011-02-28 0.490 1.989
2010-04-09 0.431 2.018
2010-02-23 0.431 2.248
2009-11-26 0.453 2.508

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have fallen over the past 10 years.
Current Payout to shareholders
What portion of Obrascón Huarte Lain's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • No need to calculate the sustainability of Obrascón Huarte Lain's dividends in 3 years as they are not expected to pay a notable one for United Kingdom of Great Britain and Northern Ireland.
X
Income/ dividend checks
We assess Obrascón Huarte Lain's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Obrascón Huarte Lain afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Obrascón Huarte Lain has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

OHLE Management

 What is the CEO of Obrascón Huarte Lain's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Jose Antonio Fernández Gallar
CEO Bio

Mr. Jose Antonio Fernández Gallar is Second Deputy Chairman and Chief Executive Officer at Obrascón Huarte Lain, S.A. since June 28, 2018. He is Civil Engineer specialized in hydraulic and energy by the University of Madrid (ETS of ICCP) and Master in Construction and Real Estate Business Management (MDI). With thirty-four years involved in the construction sector, he will lead the new stage of OHL as a construction and concession development company.

CEO Compensation
  • Insufficient data for Jose Antonio to compare compensation growth.
  • Insufficient data for Jose Antonio to establish whether their remuneration is reasonable compared to companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

Average tenure of the Obrascón Huarte Lain management team in years:

2.5
Average Tenure
  • The tenure for the Obrascón Huarte Lain management team is about average.
Management Team

Jose Antonio Fernández Gallar

TITLE
Second Deputy Chairman & CEO

Jose María Sagardoy Llonis

TITLE
Chief Financial Officer

Ángel Puente De Lucas

TITLE
Technical General Manager

Pedro Villanueva

TITLE
Director of Investor Relation

Jose Maria del Cuvillo Pemán

TITLE
GM of Legal Advice & Secretary
AGE
57

Ignacio Cano Torollo

TITLE
General Manager of Human Resources & General Services

Andrés Pan de Soraluce Muguiro

TITLE
Managing Director of Development
TENURE
2.5 yrs

Ignacio Botella Rodriguez

TITLE
Managing Director of Engineering & Construction
TENURE
2.5 yrs

Alfonso Orantes Casado de Amezua

TITLE
Chief Strategy
TENURE
2.5 yrs

Gonzalo Targhetta Reina

TITLE
Chief Organization & Corporate Resources Officer
TENURE
2.5 yrs
Board of Directors Tenure

Average tenure of the Obrascón Huarte Lain board of directors in years:

3.5
Average Tenure
  • The tenure for the Obrascón Huarte Lain board of directors is about average.
Board of Directors

Juan Villar-Mir de Fuentes

TITLE
Chairman & President of the Administrative Advisory Board
COMPENSATION
€130K
AGE
57
TENURE
3.8 yrs

Jose Antonio Fernández Gallar

TITLE
Second Deputy Chairman & CEO
TENURE
1.8 yrs

Silvia Villar-Mir de Fuentes

TITLE
First Deputy Chairman
COMPENSATION
€110K
TENURE
3.8 yrs

Reyes Calderón Cuadrado

TITLE
Independent Director
COMPENSATION
€235K
TENURE
4.9 yrs

Juan José Nieto Bueso

TITLE
Lead Independent Director
COMPENSATION
€243K
AGE
52
TENURE
3.1 yrs

Manuel Garrido Ruano

TITLE
Proprietary Director
COMPENSATION
€130K
TENURE
3.8 yrs

Juan Antonio Santamera Sánchez

TITLE
Non-Executive Director
COMPENSATION
€130K
TENURE
3.8 yrs

Javier Goñi de Cacho

TITLE
Proprietary Director
COMPENSATION
€110K
TENURE
2.9 yrs

Carmen de Andrés Conde

TITLE
Independent Director
COMPENSATION
€75K
TENURE
1.8 yrs

César Cañedo-Argüelles Torrejón

TITLE
Independent Director
COMPENSATION
€65K
TENURE
1.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Obrascón Huarte Lain's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Obrascón Huarte Lain has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

OHLE News

Simply Wall St News

OHLE Company Info

Description

Obrascón Huarte Lain, S.A. engages in the concessions and construction businesses primarily in Spain, the United States, Canada, Mexico, Colombia, Peru, Chile, and Central Europe. The company operates through Engineering and Construction, and Development segments. The Engineering and Construction segment provides civil engineering works and building construction services for public and private-sector customers; and designs, constructs, maintains, and operates industrial plants and systems, such as oil and gas, energy, solids engineering, and fire safety systems. It also offers properties and infrastructure maintenance services for housing and office properties. The Development segment develops and operates mixed-use hotel-related real estate projects. The company was formerly known as Sociedad General de Obras y Construcciones Obrascón, S.A. Obrascón Huarte Lain, S.A. was founded in 1911 and is based in Madrid, Spain.

Details
Name: Obrascón Huarte Lain, S.A.
OHLE
Exchange: BATS-CHIXE
Founded: 1911
€210,806,506
286,033,252
Website: http://www.ohl.es
Address: Obrascón Huarte Lain, S.A.
Paseo de la Castellana, 259 D,
Torrespacio,
Madrid,
Madrid, 28046,
Spain
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BME OHL Common Stock Bolsas y Mercados Espanoles ES EUR 21. Mar 1995
OTCPK OBSJ.F Common Stock Pink Sheets LLC US USD 21. Mar 1995
DB HUA Common Stock Deutsche Boerse AG DE EUR 21. Mar 1995
LSE 0MKG Common Stock London Stock Exchange GB EUR 21. Mar 1995
BMV OHL N Common Stock Bolsa Mexicana de Valores MX MXN 21. Mar 1995
BATS-CHIXE OHLE Common Stock BATS 'Chi-X Europe' GB EUR 21. Mar 1995
Number of employees
Current staff
Staff numbers
12,548
Obrascón Huarte Lain employees.
Industry
Construction and Engineering
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/07 20:28
End of day share price update: 2020/04/03 00:00
Last estimates confirmation: 2020/02/28
Last earnings filing: 2020/02/27
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.