H&R Block Inc

FRA : HRB
USA·Consumer Cyclical·Personal Services·Ordinary Shares
€42.63
+0.80 (+3.05%)Oct 16 close
Market Cap
€5.40B
Enterprise Value
€7.63B
P/E (TTM)
7.31
P/B
—
Net Cash / (Debt)
−€2.21B
52-Week Range
€23 — €46
5-Year Range
€19 — €61
Avg Volume (3M)
100

H&R Block Inc provides income tax return preparation services, digital do-it-yourself tax solutions, and other services related to income tax preparation to the general public in the United States, Canada, and Australia. The company mainly prepares tax returns for customers within the United States through its company-owned offices, franchise locations, and online tax software. The vast majority of H&R Block's offices are located in the U.S. The company derives the majority of its total revenue from the U.S. assisted tax preparation fees. Revenue from franchise and product royalties and digital do-it-yourself tax solutions is also relatively.

Employees4,300IPOOct 13, 1969SIC7291HQOne H&R Block Way, Kansas City, MO, USA, 64105
to

Financials (EUR)

Profitability

Metric
Current
Margins
Gross Margin
44.2%
Operating Margin
22.3%
EBITDA Margin
26.1%
Net Margin
16.2%
OCF Margin
—
FCF Margin
15.9%
Returns on Capital
ROE
—
ROA
20.8%
ROIC
25.1%
ROCE
46.2%
ROC (Greenblatt)
129.9%
3Y ROIIC
2.1%
Consistency
Years Profitable / 10Y
9

Valuation

Metric
Current
Earnings Multiples
P/E (TTM)
7.31
Forward P/E
5.52
P/E ex-NRI
6.87
Shiller P/E (CAPE)
10.70
Cash Flow Multiples
P/FCF
9.16
P/OCF
7.76
P/Owner Earnings
9.08
FCF Yield
12.78%
Enterprise Value Multiples
EV / EBIT
7.67
EV / Forward EBIT
—
EV / EBITDA
6.76
EV / Forward EBITDA
6.20
EV / Revenue
1.76
EV / Forward Revenue
1.64
Asset / Sales
P/S
1.13
P/B
—
P/Tangible Book
—
Growth-Adjusted
PEG
0.22

Capital Returns

Metric
Current
Dividends
Dividend Yield (TTM)
5.33%
Forward Dividend Yield
5.52%
3Y Dividend Growth
11.6%
Payout Ratio
0.32
5Y Yield on Cost
7.65%
Buybacks & Dilution
3Y Buyback Ratio
5.70%
5Y Share Change
−30.8%
Combined
Shareholder Yield
11.31%

Balance Sheet

Metric
Current
Leverage
Debt / Equity
−3.57
Gross Debt / EBITDA
2.97
Cash / Debt
0.12
Equity / Assets
−0.28
Coverage
Interest Coverage
10.38
Short-Term Liquidity
Current Ratio
1.29
Quick Ratio
1.29
Cash Ratio
0.53
Composite Scores
Piotroski F-Score
6
Altman Z-Score
2.56

5-Step DuPont Analysis

ROE %
-75.52%
Net Margin %
16.99%
Operating Margin %
23.29%
Operating Income
€795M
÷
Revenue
€3.41B
×
Tax Burden
0.7754
Net Income
€580M
÷
Pretax Income
€748M
×
Interest Burden
0.9409
Pretax Income
€748M
÷
Operating Income
€795M
×
Asset Turnover
1.34
Revenue
€3.41B
÷
Average Total Assets
€2.55B
Begin Total Assets
€2.59B
End Total Assets
€2.50B
×
Equity Multiplier
-3.32
Avg Total Assets
€2.55B
÷
Avg Stockholders Equity
−€768M
Begin Equity
−€833M
End Equity
−€703M