Major Estimate Revision • Jul 31
Consensus EPS estimates increase by 20%, revenue downgraded The consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from €77.3m to €69.8m. EPS estimate rose from €2.01 to €2.41. Net income forecast to grow 222% next year vs 27% growth forecast for Machinery industry in Germany. Consensus price target down from €58.00 to €54.50. Share price fell 12% to €35.22 over the past week. Valuation Update With 7 Day Price Move • Jul 24
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to €39.92, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 13x in the Machinery industry in Germany. Total loss to shareholders of 30% over the past year. Announcement • Apr 08
Steyr Motors AG (XTRA:4X0) completed the acquisition of Bukh A/S and SLC Ejendomme ApS from Søren Christiansen. Steyr Motors AG (XTRA:4X0) signed a binding agreement to acquire Bukh A/S and SLC Ejendomme ApS from Søren Christiansen on February 25, 2026. A significant portion of the purchase price will be paid in cash, while the remaining portion will be paid through the issuance of new shares from authorized capital. The seller is subject to a lock-up obligation. Additionally, an earn-out model linked to operating performance indicators for the coming financial years has been agreed upon, thus ensuring that the interests of the buyer and seller are aligned. The purchase price will be financed through a balanced combination of cash and a capital increase by contribution in kind. To ensure a smooth integration process, the previous owner and CEO of BUKH, Søren Christiansen, will remain on the BUKH Supervisory Board for at least two to three years and actively support the integration.
The transaction is subject to customary conditions precedent and is expected to close by the end of the first quarter of 2026.
Steyr Motors AG (XTRA:4X0) completed the acquisition of Bukh A/S and SLC Ejendomme ApS from Søren Christiansen on April 6, 2026. The acquisition is expected to have a positive impact on earnings already in the first full year of consolidation and will sustainably strengthen Steyr Motors’ operational profitability and EBIT margin in the coming years. Upcoming Dividend • Apr 08
Upcoming dividend of €0.25 per share Eligible shareholders must have bought the stock before 15 April 2026. Payment date: 23 April 2026. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.0%). Major Estimate Revision • Apr 07
Consensus revenue estimates fall by 10% The consensus outlook for revenues in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from €86.5m to €77.8m. EPS estimate fell from €2.52 to €2.01 per share. Net income forecast to grow 169% next year vs 26% growth forecast for Machinery industry in Germany. Consensus price target down from €66.67 to €61.67. Share price was steady at €38.20 over the past week. Price Target Changed • Apr 07
Price target decreased by 7.5% to €61.67 Down from €66.67, the current price target is an average from 3 analysts. New target price is 61% above last closing price of €38.20. Stock is down 3.3% over the past year. The company is forecast to post earnings per share of €2.01 for next year compared to €0.75 last year. New Risk • Mar 09
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 7.9% Last year net profit margin: 12% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.4% average weekly change). Profit margins are more than 30% lower than last year (7.9% net profit margin). Reported Earnings • Mar 09
Full year 2025 earnings: Revenues miss analyst expectations Full year 2025 results: Revenue: €48.8m (up 17% from FY 2024). Net income: €3.88m (down 20% from FY 2024). Profit margin: 7.9% (down from 12% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.5%. Revenue is forecast to grow 35% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Machinery industry in Germany. Announcement • Mar 06
Steyr Motors AG announces Annual dividend, payable on April 15, 2026 Steyr Motors AG announced Annual dividend of EUR 0.2500 per share payable on April 15, 2026, ex-date on April 13, 2026 and record date on April 14, 2026. New Risk • Feb 15
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Share price has been volatile over the past 3 months (11% average weekly change). Valuation Update With 7 Day Price Move • Jan 06
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to €43.90, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 14x in the Machinery industry in Germany. Total returns to shareholders of 221% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €63.25 per share. New Risk • Dec 18
New minor risk - Financial data availability Less than 3 years of financial data is available. This is considered a minor risk. If the company has been trading for less than 3 years, then it has not had the opportunity to establish a long-term track record. This makes it difficult for investors to assess the true growth potential, sustainability and resilience of the business under different economic conditions. Currently, the following risks have been identified for the company: Minor Risks Less than 3 years of financial data is available. Dividend is not well covered by cash flows (90% cash payout ratio). Share price has been volatile over the past 3 months (8.7% average weekly change). Major Estimate Revision • Dec 10
Consensus EPS estimates fall by 23% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €58.5m to €54.5m. EPS estimate also fell from €1.72 per share to €1.32 per share. Net income forecast to grow 125% next year vs 27% growth forecast for Machinery industry in Germany. Consensus price target of €65.00 unchanged from last update. Share price rose 13% to €37.60 over the past week. Valuation Update With 7 Day Price Move • Dec 08
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €36.90, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 14x in the Machinery industry in Germany. Total returns to shareholders of 167% over the past year. New Risk • Nov 20
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 5.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Less than 3 years of financial data is available. Dividend is not well covered by cash flows (90% cash payout ratio). Share price has been volatile over the past 3 months (5.2% average weekly change). Valuation Update With 7 Day Price Move • Nov 20
Investor sentiment deteriorates as stock falls 30% After last week's 30% share price decline to €31.80, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Machinery industry in Germany. Total returns to shareholders of 140% over the past year. Valuation Update With 7 Day Price Move • Jul 15
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €59.80, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 14x in the Machinery industry in Germany. Announcement • May 09
Steyr Motors Ag Approves Dividend Distribution Steyr Motors AG at its Annual General Meeting held on 8 May 2025, the shareholders’ meeting approved the joint proposal of the Management and Supervisory Board and resolved to distribute a dividend of EUR 0.55 per share out of the net retained profit as of 31 December 2024. In total, EUR 2,860,000.00 will be distributed from Steyr Motors AG’s net retained profit of EUR 7,814,039.88. The remainder of the retained profit will be carried forward. Valuation Update With 7 Day Price Move • May 06
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €55.00, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 13x in the Machinery industry in Germany. Valuation Update With 7 Day Price Move • Apr 17
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €46.50, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 13x in the Machinery industry in Germany. Reported Earnings • Mar 23
Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2024 results: EPS: €0.94. Revenue: €41.7m (up 9.2% from FY 2023). Net income: €4.88m (up €14.0m from FY 2023). Profit margin: 12% (up from net loss in FY 2023). The move to profitability was primarily driven by lower expenses. Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) exceeded analyst estimates by 6.8%. Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Machinery industry in Germany. Announcement • Mar 19
Mutares Reportedly Plans to Reduce Its Stake in Steyr Motors Mutares SE & Co. KGaA (XTRA:MUX) said on March 18, 2025, that it plans to reduce its stake in Austrian engines manufacturer Steyr Motors AG (XTRA:4X0) due to very strong demand for shares of the Austrian firm. Mutares’s move also reflects the decision of the German Bundestag to amend the constitution providing an opportunity to strengthen the German defense industry. The private equity investor said it expects significant gross proceeds from the reduction of its stake. Steyr Motors was listed on the Frankfurt Stock Exchange in 2024. In view of its decision, Mutares agreed with the listing bank to terminate the currently remaining soft lock-up obligation under the listing agreement. The German private equity firm said that it plans to remain a major shareholder of Steyr and expressed confidence in its future development. Steyr specialises in the development and production of engines, which are mainly used in military special vehicles, boats and as auxiliary power units for main battle tanks and locomotives. Announcement • Mar 13
Steyr Motors AG announces Annual dividend, payable on May 12, 2025 Steyr Motors AG announced Annual dividend of EUR 0.5500 per share payable on May 12, 2025, ex-date on May 08, 2025 and record date on May 09, 2025. New Risk • Mar 04
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Share price has been volatile over the past 3 months (10% average weekly change). Announcement • Feb 09
Steyr Motors AG to Report Q1, 2025 Results on May 14, 2025 Steyr Motors AG announced that they will report Q1, 2025 results on May 14, 2025 Announcement • Feb 05
Steyr Motors AG Provides Earnings Guidance for the Full Year 2024 and 2025 Steyr Motors AG provided earnings guidance for the full year 2024 and 2025. for the year 2024, the company's revenues are expected to reach EUR 41 million to 45 million.
for the year 2025, the company is aiming for a year-on-year increase in revenue of over 40%.