Mohanram G-Score is a financial indicator developed by professor Partha Mohanram to help investors find the best investment opportunities in the growth stocks. Companies have higher G-score tends to generate higher return. According to his study, the best growth stocks that have a G-Score greater than 6 tend to beat the market, while those with a G-Score lower than 1 tend to have negative absolute returns.
Thus, the zones of discrimination were as such:
Good or high score = 6, 7, 8
Bad or low score = 0, 1
HORNBACH Baumarkt AG has an G-score of 5.
The historical rank and industry rank for HORNBACH Baumarkt AG's Mohanram G-Score or its related term are showing as below:
HAM:HBM'
s Mohanram G-Score Range Over the Past 10 Years
Min: 3 Med: 4 Max: 6
Current: 5
During the past 13 years, the highest Piotroski G-score of HORNBACH Baumarkt AG was 6. The lowest was 3. And the median was 4.
HORNBACH Baumarkt AG (HAM:HBM) Mohanram G-Score Explanation
Partha Mohanram is the John H. Watson Chair in Value Investing at Rotman and the Acting Vice-Dean of Research Strategy and Resources.
In 2000, he wrote a research paper called "Separating Winners from Losers Among Low Book-to-Market Stocks Using Financial Statement Analysis".
This paper tests whether a strategy based on financial statement analysis of low book-to-market (growth) stocks is successful in differentiating between winners and losers in terms of future stock performance. Based on the research, a strategy based on buying high G-score (6, 7 or 8) firms and shorting low G-score (0 or 1) firms consistently earns significant excess returns. Further, the results do not support a risk based explanation for the book-to-market effect as the strategy returns positive returns in all years, and firms that ex-ante appear less risky have better future returns.
To conclude, one can use a modified fundamental analysis strategy (G-score) to identify mispricing and earn substantial abnormal returns.
HORNBACH Baumarkt AG Mohanram G-Score Related Terms
HORNBACH Baumarkt AG Mohanram G-Score Historical Data
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The historical data trend for HORNBACH Baumarkt AG's Mohanram G-Score can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
HAM:HBM vs HD, LOW, FND: Mohanram G-Score Comparison
For the Home Improvement Retail subindustry, HORNBACH Baumarkt AG's Mohanram G-Score, along with its competitors' market caps and Mohanram G-Score data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
HORNBACH Baumarkt AG Mohanram G-Score vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, HORNBACH Baumarkt AG's Mohanram G-Score distribution charts can be found below:
* The bar in red indicates where HORNBACH Baumarkt AG's Mohanram G-Score falls into.
The calculation of the Mohanram G-score consists of eight criteria. Assign one point for each criterion met, then add up all the points to get the G-Score.
Profitability
Question 1. Return on Assets (ROA)
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. It measures how well a company uses its asset to generate earnings.
Score 1 if ROA > ROA Industry Median, 0 otherwise.
Score 1 if CAPEX Intensity > CAPEX Intensity Industry Median, 0 otherwise.
Question 8. Advertising Expenditure Intensity
Advertising Expenditure Intensity is calcualted by Advertising Expenditure divided by the beginning Total Assets. Note that Advertising Expenditure is not reported as a seperate line item for many companies, thus Selling, General, & Admin. Expense is used in this calculation.
Score 1 if Advertising Expenditure Intensity > Advertising Expenditure Intensity Industry Median, 0 otherwise.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Note that all the Industry Median used for comparison in his original research, are substituted with Sector Median due to the limitation of data within certain countries.
Good or high score = 6, 7, 8
Bad or low score = 0, 1
HORNBACH Baumarkt AG (HAM:HBM) has a Mohanram G-Score of 5 as of Feb. 2026. G-Score is a financial indicator developed by professor Partha Mohanram to help investors find the best investment opportunities in the growth stocks. View historical data on HORNBACH Baumarkt AG and its competitors. This is 25% above median its historical median of 4.00. Over the past decade, HORNBACH Baumarkt AG's Mohanram G-Score has ranged from 3.00 to 6.00.
Is HORNBACH Baumarkt AG's Mohanram G-Score too high?
HORNBACH Baumarkt AG's current Mohanram G-Score of 5 is 25% above median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 6.00. Overall, HORNBACH Baumarkt AG has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HORNBACH Baumarkt AG's Mohanram G-Score compare to HD and LOW?
HORNBACH Baumarkt AG's Mohanram G-Score of 5 can be compared against companies in the Retail - Cyclical industry. Historically, HORNBACH Baumarkt AG's own Mohanram G-Score has ranged from 3.00 to 6.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Mohanram G-Score for a Retail - Cyclical company?
A good Mohanram G-Score depends on the Retail - Cyclical industry context. However, Mohanram G-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Mohanram G-Score mean?
A high Mohanram G-Score can signal that a stock is expensive relative to its fundamentals. G-Score is a financial indicator developed by professor Partha Mohanram to help investors find the best investment opportunities in the growth stocks. View historical data on HORNBACH Baumarkt AG and its competitors. HORNBACH Baumarkt AG's current Mohanram G-Score is 5, which is 25% above median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HORNBACH Baumarkt AG stock overvalued right now?
Based on GuruFocus' analysis, HORNBACH Baumarkt AG (HAM:HBM) is currently considered Modestly Overvalued. The stock's GF Value™ is €58.62, compared to a current price of €71.00 — trading 21.1% above its estimated fair value. The current Mohanram G-Score is 5, which is 25% above median its 10-year median of 4.00. HORNBACH Baumarkt AG's overall GF Score™ is 69/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Mohanram G-Score calculated?
Mohanram G-Score is calculated from a company's financial statements. For HORNBACH Baumarkt AG (HAM:HBM), the current Mohanram G-Score is 5 as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is HORNBACH Baumarkt AG (HAM:HBM) Overvalued in 2026?
Based on GuruFocus' analysis, HORNBACH Baumarkt AG stock appears to be overvalued.
The current stock price of €71.00 is trading 21.1% above its estimated GF Value™ of €58.62.
GuruFocus considers HORNBACH Baumarkt AG to be Modestly Overvalued.
Key valuation signals for HAM:HBM:
Mohanram G-Score: 5 (25% above median its 10-year median of 4.00)
GF Value™: €58.62 vs. price of €71.00 (21.1% above fair value)
No single metric tells the full story. See the HAM:HBM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HORNBACH Baumarkt AG is a German company that operates megastores and offers do-it-yourself (DIY), home improvement, and gardening products. The company also operates in other European countries, including Austria, the Netherlands, the Czech Republic, Switzerland, and Romania. The company conducts its activities through its Retail and Real estate segments. The Retail segment operates DIY megastores and garden centers, while the Real estate segment focuses on retail properties. The stores' product range includes hardware/electrical, paint/wallpaper/flooring, construction materials, sanitary tiles, and garden products. The majority of the company's sales are derived from its retail segment.
69GF Score
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