HelloFresh SE

Factors to consider:

• Earnings for 6 months up through Q2 are below our estimates

Stock Forecast*

* forecast is subjective and experimental, should not be used for any investment decisions

Long term estimates were made for the period from 2025-12-31 to 2027-12-31

• 2025-12-31 to 2026-12-31 estimated range: [4.91$, 10.73$]
• 2026-12-31 to 2027-12-31 estimated range: [4.25$, 9.50$]

Financial Metrics affecting the HLFFF estimates:

• Positive: with PPE of -12.9 at the end of fiscal year the price was neutral
• Positive: Operating cash flow per share per price, % of 31.87 > 24.19
• Positive: -13.52 < Operating profit margin, % of -0.06
• Positive: -18.95 < Investing cash flow per share per price, % of -13.92
• Negative: 0 < Inventory ratio change, % of 0.14
• Negative: negative Net income
• Negative: Industry operating profit margin (median), % of 4.34 <= 5.41
• Negative: Industry operating cash flow per share per price (median), % of 6.72 <= 7.15
• Negative: 2.54 < Interest expense per share per price, % of 4.10
• Negative: 0 < Industry inventory ratio change (median), % of 0.10