Bechtle AG

Informe acción XTRA:BC8

Capitalización de mercado: €4.7b

Bechtle Dirección

Dirección controles de criterios 3/4

El CEO de Bechtle es Thomas Olemotz, nombrado en Mar 2006, tiene una permanencia de 20.42 años. posee directamente un 0.015% de las acciones de la empresa, con un valor de €720.73K. La antigüedad media del equipo directivo y de la junta directiva es de 6.7 años y 8.2 años, respectivamente.

Información clave

Thomas Olemotz

Chief Executive Officer (CEO)

n/a

Compensación total

Porcentaje del salario del CEOn/a
Permanencia del CEO20.4yrs
Participación del CEO0.02%
Permanencia media de la dirección6.7yrs
Promedio de permanencia en la Junta Directiva8.2yrs

Actualizaciones recientes de la dirección

Recent updates

Actualización de narrativa Jul 23

BC8: Higher Forward Multiple Will Support 2026 IT Revival Hopes

Analysts have raised their price target for Bechtle to €34.50, citing revised assumptions on fair value, discount rate, revenue growth, profit margin, and future P/E after recent research that included a €3 increase in the target price. What’s in the News for Bechtle No recent company specific news for Bechtle was provided in the available sources.
Actualización de narrativa Jul 08

BC8: 2026 IT Revival Hopes Will Balance Execution And Secure Access Rollout

Analysts have modestly lowered their fair value estimate for Bechtle to approximately €29.65 from €31. Slightly softer assumptions for revenue growth and future P/E are only partly offset by a marginally improved profit margin outlook and a reduced discount rate.
Actualización de narrativa Jun 24

BC8: Industrial Remote Access Partnership Will Support Earnings Repricing

Analysts have reduced their fair value estimate for Bechtle from €56 to €45, citing updated assumptions on discount rates, revenue growth, profit margins and future P/E multiples, even though some recent research includes a €3 increase in the price target. What’s in the News for Bechtle TeamViewer Germany GmbH and Bechtle introduced new secure access gateway hardware that supports plug-and-play deployment of secure remote access for industrial systems.
Actualización de narrativa Jun 09

BC8: Upgraded Research And Industrial Remote Access Partnership Will Support Undervalued Outlook

Analysts have adjusted Bechtle’s price target to €39.0, reflecting recent changes in their discount rate and valuation assumptions following mixed target revisions and an upgrade in recent research. Analyst Commentary Bullish Takeaways Bullish analysts see the recent price target increase of €3 as support for a higher valuation ceiling, even after prior adjustments.
Actualización de narrativa May 25

BC8: Updated P E Framework Will Support Undervalued Outlook On Mixed Street Repricing

Analysts have nudged their price target on Bechtle slightly higher to €39.00, citing updated assumptions for discount rates, revenue growth, profit margins and future P/E that align with recent price target changes and upgrades in Street research. Analyst Commentary Recent Street research on Bechtle has been mixed, with some analysts lifting price targets while others have trimmed theirs.
Actualización de narrativa May 04

BC8: Refined P E Framework Will Support Undervalued Outlook After Guidance

Bechtle's analyst price target has shifted to €39.18 from €44.88, reflecting updated views on slightly softer growth and margin assumptions, as well as refreshed P/E expectations discussed in recent research updates by analysts. Analyst Commentary Recent research updates show both optimism and caution around Bechtle, with multiple revisions to price targets over time and at least one upgrade in rating.
Actualización de narrativa Apr 19

BC8: 2026 IT Revival Hopes Will Face Cautious Execution And Budget Timing

Analysts have reduced their fair value estimate for Bechtle from €34.50 to €31.00, reflecting recent cuts and an upgrade in price targets that highlight more cautious assumptions regarding growth, profitability, and required returns. Analyst Commentary Recent research shows a more cautious tone around Bechtle, with multiple price target cuts clustering over a short period.
Actualización de narrativa Apr 05

BC8: Mixed Research Updates And Investor Day Will Support Earnings Repricing

Analysts have trimmed their average price target on Bechtle by €6. This reflects recent downward revisions from some firms alongside a fresh upgrade from others that highlight mixed views on the stock.
Artículo de análisis Mar 25

Bechtle AG (ETR:BC8) Just Reported Yearly Earnings: Have Analysts Changed Their Mind On The Stock?

It's been a mediocre week for Bechtle AG ( ETR:BC8 ) shareholders, with the stock dropping 13% to €26.44 in the week...
Actualización de narrativa Mar 22

BC8: Higher Future P/E And Investor Day Update Will Support Earnings Power

Analysts have trimmed their price target on Bechtle by €1, citing slightly higher discount rate assumptions, modest adjustments to expected revenue growth and profit margins, and a marginally higher future P/E multiple in their refreshed models. Analyst Commentary Even with the €1 price target trim, bullish analysts still frame Bechtle as a name where their long term thesis remains intact.
Actualización de narrativa Mar 07

BC8: Refined Discount Rate Framework Will Support Undervalued Outlook After Guidance Confirmation

Analysts have trimmed their price target on Bechtle by €1, reflecting updated assumptions for fair value, discount rate, revenue growth, profit margin and future P/E that align with recent Street research. Analyst Commentary Bullish Takeaways Bullish analysts view the modest €1 reduction in the price target as a fine tuning of their models rather than a shift in their broader view on Bechtle, with fair value assumptions still supported by current Street research.
Actualización de narrativa Feb 21

BC8: Higher Future P/E Expectations Will Support Stronger 2026 Earnings Power

Analysts have raised their fair value estimate for Bechtle from €52.00 to €56.00, reflecting updated assumptions on discount rate, revenue growth, profit margin and future P/E expectations, even as some recent research, including a €1 trim to the price target at Deutsche Bank, points to a more cautious stance on near term performance drivers. Analyst Commentary Bullish analysts point to the higher fair value estimate of €56.00 as a signal that their core assumptions on discount rate, revenue growth, profit margins and future P/E have shifted in a more constructive direction, even if some individual price targets, such as the recent €1 trim, look slightly more cautious on the surface.
Artículo de análisis Feb 13

Bechtle AG's (ETR:BC8) 26% Share Price Plunge Could Signal Some Risk

Bechtle AG ( ETR:BC8 ) shares have had a horrible month, losing 26% after a relatively good period beforehand. To make...
Actualización de narrativa Feb 07

BC8: 2026 IT Spending Revival Will Support Undervalued Outlook After Guidance Confirmation

Analysts now place Bechtle's fair value closer to €46.19 per share, up from €44.08. This reflects slightly adjusted assumptions around discount rate, revenue growth, profit margin and future P/E expectations.
Artículo de análisis Feb 02

Is It Too Late To Consider Buying Bechtle AG (ETR:BC8)?

Bechtle AG ( ETR:BC8 ), might not be a large cap stock, but it led the XTRA gainers with a relatively large price hike...
Actualización de narrativa Jan 24

BC8: 2026 IT Spending Revival Will Support Stronger Earnings Power

Analysts have lifted their fair value estimate for Bechtle from €51.00 to €52.00, citing expectations for a 2026 IT spending revival that they view as supportive of slightly stronger revenue growth, profit margins and a lower future P/E. Analyst Commentary Bullish Takeaways Bullish analysts highlight the upgrade case as tied to expectations for an IT spending revival in 2026, which they see as supportive for Bechtle's revenue trajectory and operational execution.
Actualización de narrativa Jan 09

BC8: 2026 IT Revival Hopes Will Likely Overestimate Budget Recovery Timing

Analysts have nudged their price target on Bechtle to €43, reflecting slightly adjusted assumptions on discount rate, growth and profitability, and a view that the company could benefit if IT spending picks up into 2026. Analyst Commentary The latest move to a €43 price target reflects a view that Bechtle could see a pick up in demand if IT budgets improve into 2026.
Artículo de análisis Dec 31

Bechtle (ETR:BC8) Might Be Having Difficulty Using Its Capital Effectively

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...
Actualización de narrativa Dec 22

BC8: 2026 IT Spending Revival Expectations Will Likely Prove Overly Optimistic

Analysts have raised their price target on Bechtle to approximately EUR 34.50 from about EUR 33.90, citing improving expectations for a 2026 IT spending revival and stronger organic growth prospects in the German IT reseller market. Analyst Commentary While recent research notes highlight an improving outlook for Bechtle into 2026, not all commentary is uniformly positive.
Actualización de narrativa Dec 08

BC8: 2026 IT Spending Revival Will Likely Shape Fairly Priced Outlook

Analysts have raised their price target on Bechtle by approximately EUR 1, reflecting expectations for improving organic growth in German IT resellers and a potential revival in IT spending from 2026. This supports slightly higher fair value and profit margin assumptions despite modestly lower revenue growth forecasts.
Artículo de análisis Dec 02

Bechtle AG's (ETR:BC8) Shares May Have Run Too Fast Too Soon

When close to half the companies in Germany have price-to-earnings ratios (or "P/E's") below 17x, you may consider...
Artículo de análisis Nov 11

Does This Valuation Of Bechtle AG (ETR:BC8) Imply Investors Are Overpaying?

Key Insights Using the 2 Stage Free Cash Flow to Equity, Bechtle fair value estimate is €26.33 Bechtle is estimated to...
Artículo de análisis Oct 29

At €36.72, Is It Time To Put Bechtle AG (ETR:BC8) On Your Watch List?

Bechtle AG ( ETR:BC8 ), might not be a large cap stock, but it saw significant share price movement during recent...
Actualización de narrativa Sep 25

Investments In Cloud And AI Technologies May Improve Operational Efficiency Amid Market Uncertainties

Bechtle’s higher price target reflects modest improvements in both revenue growth and net profit margin forecasts, resulting in the consensus analyst price target increasing from €42.17 to €43.17. Valuation Changes Summary of Valuation Changes for Bechtle The Consensus Analyst Price Target has risen slightly from €42.17 to €43.17.
Artículo de análisis Sep 20

These 4 Measures Indicate That Bechtle (ETR:BC8) Is Using Debt Reasonably Well

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Artículo de análisis Sep 05

Some Investors May Be Worried About Bechtle's (ETR:BC8) Returns On Capital

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Artículo de análisis Aug 20

There's Reason For Concern Over Bechtle AG's (ETR:BC8) Price

XTRA:BC8 1 Year Share Price vs Fair Value Explore Bechtle's Fair Values from the Community and select yours With a...
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Nueva narrativa Dec 16

AI Integration And NIS2-Driven Cybersecurity Demand Will Accelerate Revenue Growth

Digital transformation and increased AI use could drive significant revenue growth through new technology adoption and market demands.

Análisis de compensación del CEO

¿Cómo ha cambiado la remuneración de Thomas Olemotz en comparación con los beneficios de Bechtle?
FechaCompensación totalSalarioIngresos de la empresa
Mar 31 2026n/an/a

€235m

Dec 31 2025n/an/a

€229m

Sep 30 2025n/an/a

€215m

Jun 30 2025n/an/a

€214m

Mar 31 2025n/an/a

€226m

Dec 31 2024n/an/a

€245m

Sep 30 2024n/an/a

€250m

Jun 30 2024n/an/a

€261m

Mar 31 2024n/an/a

€267m

Dec 31 2023n/an/a

€266m

Sep 30 2023n/an/a

€261m

Jun 30 2023n/an/a

€257m

Mar 31 2023n/an/a

€255m

Dec 31 2022n/an/a

€251m

Sep 30 2022n/an/a

€248m

Jun 30 2022n/an/a

€247m

Mar 31 2022n/an/a

€241m

Dec 31 2021€4m€2m

€231m

Sep 30 2021n/an/a

€228m

Jun 30 2021n/an/a

€216m

Mar 31 2021n/an/a

€200m

Dec 31 2020€4m€2m

€193m

Sep 30 2020n/an/a

€187m

Jun 30 2020n/an/a

€177m

Mar 31 2020n/an/a

€175m

Dec 31 2019€4m€2m

€170m

Compensación vs. Mercado: Datos insuficientes para determinar si la compensación total de Thomas es razonable en comparación con empresas de tamaño similar en el mercado German.

Compensación vs. Ingresos: La compensación de Thomas ha sido consistente con los resultados de la empresa en el último año.


CEO

Thomas Olemotz (64 yo)

20.4yrs
Permanencia
€3,743,000
Compensación

Dr. Thomas Olemotz, Dipl.-Kfm, has been the Chairman of the Executive Board at Bechtle AG since October 2010 and Member of its Executive Board since March 2006 and serves as its Chief Executive Officer. Dr...


Equipo directivo

NombrePosiciónPermanenciaCompensaciónPropiedad
Thomas Olemotz
CEO & Chairman of The Executive Board20.4yrs€3.74m0.015%
€ 720.7k
Michael Guschlbauer
COO & Member of Executive Board17.6yrs€1.80m0.0054%
€ 252.0k
Marcus Jehle
CFO & Member of the Executive Boardless than a yearsin datossin datos
Konstantin Ebert
Member of the Executive Board & COO2.6yrssin datos0.0033%
€ 156.3k
Gabi Schepperle
Head of Group Accounting & Treasuryno datasin datossin datos
Dirk Muller-Niessner
Executive VP of Southern Region - Bechtle Systemhaus Holding AG & CTO3.6yrssin datossin datos
Martin Link
Head of Investor Relationsno datasin datossin datos
Katja Jager
Head of Sales Controllingno datasin datossin datos
Gozard Polak
Managing Director of Bechtle Brusselsno datasin datossin datos
Oliver Schmidt
Executive Vice President of Managed Services9.8yrssin datossin datos
Thomas Erfort
Head of Staff Development & Academyno datasin datossin datos
Jana Hedrich
Head of Payroll Accountingno datasin datossin datos
6.7yrs
Permanencia media
57yo
Promedio de edad

Equipo directivo experimentado: El equipo directivo de BC8 es experimentado (6.7 años antigüedad media).


Miembros de la Junta

NombrePosiciónPermanenciaCompensaciónPropiedad
Kurt Dobitsch
Member of Supervisory Board27.3yrs€76.00ksin datos
Klaus Winkler
Chairman of the Supervisory Board8.2yrs€227.00ksin datos
Daniela Eberle
Employee Representative Member of Supervisory Board22.8yrs€76.00ksin datos
Uli Drautz
Vice Chairman of the Supervisory Board22.8yrs€122.00ksin datos
Thomas Hess
Member of Supervisory Board14.2yrs€75.00ksin datos
Lars Grünert
Member of Supervisory Board8.2yrs€54.00ksin datos
Elmar Konig
Member of Supervisory Board3.3yrssin datossin datos
Sandra Stegmann
Member of Supervisory Board10.2yrs€76.00ksin datos
Anton Samija
Employee Representative Member of the Supervisory Board8.2yrs€54.00ksin datos
Klaus Straub
Member of Supervisory Board3.3yrssin datossin datos
Julia Bottcher
Employee Representative Member of Supervisory Board3.3yrssin datossin datos
Christian Dongi
Employee Representative Member of Supervisory Board3.3yrssin datossin datos
8.2yrs
Permanencia media
69yo
Promedio de edad

Junta con experiencia: La junta directiva de BC8 se considera experimentada (8.2 años de antigüedad promedio).


Análisis de la empresa y estado de los datos financieros

DatosÚltima actualización (huso horario UTC)
Análisis de la empresa2026/08/05 04:55
Precio de las acciones al final del día2026/08/05 00:00
Beneficios2026/03/31
Ingresos anuales2025/12/31

Fuentes de datos

Los datos utilizados en nuestro análisis de empresas proceden de S&P Global Market Intelligence LLC. Los siguientes datos se utilizan en nuestro modelo de análisis para generar este informe. Los datos están normalizados, lo que puede introducir un retraso desde que la fuente está disponible.

PaqueteDatosMarco temporalEjemplo Fuente EE.UU. *
Finanzas de la empresa10 años
  • Cuenta de resultados
  • Estado de tesorería
  • Balance
Estimaciones del consenso de analistas+3 años
  • Previsiones financieras
  • Objetivos de precios de los analistas
Precios de mercado30 años
  • Precios de las acciones
  • Dividendos, escisiones y acciones
Propiedad10 años
  • Accionistas principales
  • Información privilegiada
Gestión10 años
  • Equipo directivo
  • Consejo de Administración
Principales avances10 años
  • Anuncios de empresas

* Ejemplo para valores de EE.UU., para no EE.UU. se utilizan formularios y fuentes normativas equivalentes.

A menos que se especifique lo contrario, todos los datos financieros se basan en un periodo anual, pero se actualizan trimestralmente. Esto se conoce como datos de los últimos doce meses (TTM) o de los últimos doce meses (LTM). Más información.

Modelo de análisis y copo de nieve

Los detalles del modelo de análisis utilizado para generar este informe están disponibles en nuestra página de Github, también tenemos guías sobre cómo utilizar nuestros informes y tutoriales en Youtube.

Conozca al equipo de talla mundial que diseñó y construyó el modelo de análisis Simply Wall St.

Métricas industriales y sectoriales

Simply Wall St calcula cada 6 horas nuestras métricas sectoriales y de sección. Los detalles de nuestro proceso están disponibles en Github.

Fuentes analistas

Bechtle AG está cubierta por 20 analistas. 9 de esos analistas presentaron las estimaciones de ingresos o ganancias utilizadas como datos para nuestro informe. Las estimaciones de los analistas se actualizan a lo largo del día.

AnalistaInstitución
Knut WollerBaader Helvea Equity Research
Volker BosseBaader Helvea Equity Research
Gustav FrobergBerenberg