Hapag-Lloyd AG
HLAG: XETR (DEU)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|M.s | LOCK|@@ | LOCK|F?$&<H |
Rising Vessel Deliveries Threaten Freight Prices; Shares Fairly Valued
Business Strategy and Outlook
Hapag-Lloyd boosted spending across its business over the past three years. In liner services, the firm's dominant segment by far, with 99% of revenue, aims to grow capacity slightly faster than the market. The company is also investing outside of its core business to provide non-ocean solutions to customers, including terminal services at ports and inland services once docked.
