Ernst Russ AG/€HXCK
1D1W1MYTD1Y5YMAX
Capital at risk
About Ernst Russ AG
Ernst Russ AG is an international shipping company and maritime investment manager headquartered in Hamburg, Germany. The company operates a fleet of 26 vessels, including container ships ranging from 700 to 13,400 TEU, a handysize bulker, and a multipurpose vessel. Founded in 1985, Ernst Russ AG has roots tracing back to 1893 through its predecessor entities. The company focuses on sustainable fleet management and offers comprehensive maritime services, leveraging its extensive industry experience and network of strategic partners.
- Ticker
- €HXCK
- Sector
- Finance
- Primary listing
- XETRA
- Employees
- 46
- Headquarters
- Hamburg, Germany
- Website
- www.ernst-russ.de
Ernst Russ AG Metrics
BasicAdvanced
€352M
6.07
€1.74
1.30
€0.25
2.36%
Price and volume
Market cap
€352M
Beta
1.3
52-week high
€10.25
52-week low
€6.34
Average daily volume
19K
Dividend rate
€0.25
Financial strength
Current ratio
3.522
Quick ratio
3.363
Long term debt to equity
0.006
Total debt to equity
0.006
Dividend payout ratio (TTM)
14.32%
Interest coverage (TTM)
16.91%
Profitability
EBITDA (TTM)
68.325
Gross margin (TTM)
55.64%
Net profit margin (TTM)
37.49%
Operating margin (TTM)
24.87%
Effective tax rate (TTM)
-5.87%
Revenue per employee (TTM)
€3,410,000
Management effectiveness
Return on assets (TTM)
6.33%
Return on equity (TTM)
25.57%
Valuation
Price to earnings (TTM)
6.067
Price to revenue (TTM)
2.275
Price to book
1.35
Price to tangible book (TTM)
1.35
Price to free cash flow (TTM)
-29.818
Free cash flow yield (TTM)
-3.35%
Free cash flow per share (TTM)
-0.355
Dividend yield (TTM)
2.36%
Forward dividend yield
2.36%
Growth
Revenue change (TTM)
-4.89%
Earnings per share change (TTM)
10.38%
3-year revenue growth (CAGR)
-7.78%
10-year revenue growth (CAGR)
18.90%
3-year earnings per share growth (CAGR)
13.33%
10-year earnings per share growth (CAGR)
70.11%
3-year dividend per share growth (CAGR)
7.72%
Bulls say / Bears say
Charter backlog increased to USD 688.6 million by June 30, 2026, with average remaining contract duration rising to 32 months; average daily charter rates and fleet utilisation also improved to USD 19,716 and 98.3%, respectively. (Ernst Russ AG)
Ernst Russ raised its 2026 EBIT guidance to EUR 55–65 million from EUR 45–55 million and expects revenue of EUR 150–160 million, supported by positive year-to-date trading and the planned sale of the MS “EF Emma.” (Ernst Russ AG)
Fleet diversification is progressing through entry into product and chemical tankers, two newly acquired multipurpose vessels with seven-year charters, and four tanker newbuildings backed by long-term charters; this should reduce reliance on container shipping and improve revenue visibility. (Deutsche Börse)
H1 2026 EBIT fell to EUR 24.6 million from EUR 55.6 million, while net income declined to EUR 20.3 million from EUR 34.9 million, highlighting a materially weaker reported earnings base despite stable revenue. (Ernst Russ AG)
The equity ratio declined to 73.4% at June 30, 2026, from 79.1% at year-end 2025 as Ernst Russ expands and modernizes its fleet; further vessel acquisitions and newbuild commitments could increase capital and execution risk. (Ernst Russ AG)
The 2026 outlook remains exposed to shipping-market disruption, volatile energy prices, trade-route changes and currency movements; management’s revised forecast assumes an economically unchanged environment and an average USD/EUR rate of 1.18 for the remainder of the year. (Ernst Russ AG)
Data summarised monthly by Lightyear AI. Last updated on 11 Sept 2026.
Upcoming events
No upcoming events
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.