Added to YB: 2026-09-03
Pitch date: 2026-09-01
HOCFF [neutral]
HOCHTIEF Aktiengesellschaft
-0.87%
current return
Author Info
Dengler Deep Dives focuses on fast-growing businesses that preferably return capital through buybacks or dividends when appropriate. Sign up for the newsletter.
Company Info
HOCHTIEF Aktiengesellschaft engages in the construction business worldwide. It operates under Turner, CIMIC, Engineering and construction, and Abertis segment.
Market Cap
EUR 31.5B
Pitch Price
EUR 411.80
Price Target
N/A
Dividend
1.58%
EV/EBITDA
16.13
P/E
35.42
EV/Sales
0.81
Sector
Construction and Engineering
Category
growth
Hochtief Stock: Great Exposure To AI and Community Infrastructure
HOCFF (pass): Hochtief offers infrastructure and AI-data-center exposure through Turner, its principal growth driver, but the valuation keeps the shares out of the portfolio after a 91% one-year gain. Turner’s annual revenue has doubled since 2020, first-quarter 2026 work-in-place rose 25% to $7.7 billion, and backlog reached $48.9 billion. Despite that momentum, Hochtief trades at 36x current-year and 26x next-12-month earnings.
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