HelloFresh SE

Factors to consider:

• Earnings for 9 months up through Q3 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 2024-12-31 to 2026-12-31

• 2024-12-31 to 2025-12-31 estimated range: [7.33$, 16.29$]
• 2025-12-31 to 2026-12-31 estimated range: [6.90$, 15.37$]

Financial Metrics affecting the HLFFF estimates:

• Negative: with PPE of -13.5 at the end of fiscal year the price was high
• Positive: Operating cash flow per share per price, % of 13.01 > 12.99
• Positive: -5.04 < Operating profit margin, % of -2.26
• Positive: Industry inventory ratio change (median), % of 0.20 <= 0.29
• Positive: 19.41 < Shareholder equity ratio, % of 33.87 <= 42.77
• Negative: negative Net income
• Positive: Inventory ratio change, % of 0.16 <= 0.79
• Positive: 0.14 < Industry earnings per price (median), % of 0.95
• Positive: Interest expense per share per price, % of 2.17 <= 3.31
• Positive: 5.48 < Industry operating cash flow per share per price (median), % of 5.67