Hochtief AG (HOCFF)
Hochtief AG operates in the Engineering & Construction industry of the Industrials sector, headquartered in Essen, NW, DE. The stock last traded at $452.37, down 4.36% on the session, giving a market capitalisation of $34.04B. On trailing twelve-month figures it carries a trailing P/E of 33.63, a net margin of 2.2%. Its beta of 0.79 implies it has historically moved less than the broad market.
HOCHTIEF Aktiengesellschaft (often simply referred to as HOCHTIEF) is a global construction enterprise, conducting its operations across various continents. The company's activities are structured into four primary divisions: HOCHTIEF Americas, HOCHTIEF Asia Pacific, HOCHTIEF Europe, and Abertis Investment. Specifically, its HOCHTIEF Americas segment focuses on delivering construction services for both building and transportation infrastructure, primarily serving clients in the United States and Canada. In the Asia-Pacific region, the HOCHTIEF Asia Pacific division delivers a broad spectrum of services, encompassing infrastructure development, resource and mineral processing, various engineering and technical solutions, and ongoing maintenance. Furthermore, this division is actively involved in public-private partnership (PPP) projects. HOCHTIEF Europe primarily concentrates on infrastructure and building construction endeavors, alongside managing public-private partnerships (PPP) across diverse sectors such as transportation, energy, social services, and urban development. Beyond construction, this division provides specialized engineering services, including virtual construction methodologies, and offers comprehensive facility management. Its capabilities further extend to the design, development, construction, operation, and management of both real estate and infrastructure assets. The Abertis Investment segment focuses on the operation of toll road networks in several countries, including France, Spain, throughout North America, Brazil, Chile, and Mexico. Additionally, HOCHTIEF offers insurance policies and reinsurance solutions. These reinsurance services specifically cover areas such as contractors' casualty and surety, subcontractor default, liability, and occupational accident risks. Established in 1873, HOCHTIEF Aktiengesellschaft maintains its headquarters in Essen, Germany. The company operates as a subsidiary under the ownership of ACS, Actividades de Construcción y Servicios, S.A.
Hochtief AG is most often compared with the following Industrials names: