View Future GrowthTraton 과거 순이익 실적과거 기준 점검 1/6Traton은 연평균 26.9%의 비율로 수입이 증가해 온 반면, Machinery 산업은 수입이 9.5% 증가했습니다. 매출은 연평균 10.5%의 비율로 증가했습니다. Traton의 자기자본이익률은 6.9%이고 순이익률은 3%입니다.핵심 정보26.90%순이익 성장률26.91%주당순이익(EPS) 성장률Machinery 산업 성장률10.65%매출 성장률10.49%자기자본이익률6.88%순이익률2.99%다음 순이익 업데이트23 Jul 2026최근 과거 실적 업데이트공시 • Jan 30Traton SE to Report Nine Months, 2026 Results on Oct 28, 2026Traton SE announced that they will report nine months, 2026 results on Oct 28, 2026공시 • Jan 29Traton SE to Report Q2, 2026 Results on Jul 23, 2026Traton SE announced that they will report Q2, 2026 results on Jul 23, 2026공시 • Mar 11+ 1 more updateTraton SE to Report Q3, 2025 Results on Oct 29, 2025Traton SE announced that they will report Q3, 2025 results on Oct 29, 2025공시 • Mar 10Traton SE to Report Q1, 2025 Results on Apr 28, 2025Traton SE announced that they will report Q1, 2025 results at 9:00 AM, Central European Standard Time on Apr 28, 2025공시 • Nov 28Traton SE to Report First Half, 2025 Results on Jul 25, 2025Traton SE announced that they will report first half, 2025 results on Jul 25, 2025Reported Earnings • Oct 28Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: €1.45 (up from €1.40 in 3Q 2023). Revenue: €11.9b (up 4.8% from 3Q 2023). Net income: €724.0m (up 3.1% from 3Q 2023). Profit margin: 6.1% (down from 6.2% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) also surpassed analyst estimates by 8.7%. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.모든 업데이트 보기Recent updates공시 • Apr 30+ 1 more updateTraton SE announces Annual dividend, payable on June 19, 2026Traton SE announced Annual dividend of EUR 0.9300 per share payable on June 19, 2026, ex-date on June 17, 2026 and record date on June 18, 2026.공시 • Apr 02TRATON GROUP and Applied Intuition Announces TRATON ONE OS, a Unified Software Platform for Improved Fleet Uptime Across TRATON's Four Global BrandsThe TRATON GROUP and Applied Intuition, Inc. announced TRATON ONE OS, a next-generation software-defined vehicle platform that will power all new vehicles across TRATON's four brands: Scania, MAN, International and Volkswagen Truck & Bus. Building on more than a year of co-development, the two companies are deploying a single unified platform that's at the forefront of innovation to deliver benefits to customers: Prevent costly downtime: The system's unified data access is designed to enable predictive maintenance capabilities that allow fleet operators to identify and address potential mechanical issues before they lead to breakdowns, service recalls or unplanned downtime. Future-proof fleets: Customers will be able to receive new applications, features and full-cabin user-interface upgrades via over-the-air software updates, eliminating many workshop visits and allowing vehicles to improve throughout their operational life. Unlock the autonomous future: The platform's adaptive middleware is designed to serve as a foundation for autonomous driving systems, enabling TRATON to layer autonomous capabilities onto the same architecture over time. Designed to bring the speed, flexibility and continuous update cycles of modern software development to the commercial vehicle industry, TRATON ONE OS will operate on all high-performance computers (HPCs) in TRATON's new vehicle architecture. The platform supports multiple hardware chipsets and global regulatory environments while giving TRATON teams a common foundation to build on — all without compromising each brand's distinct customer experience. Testing of the first integrated ECU hardware will begin in April 2026, with rollout across new trucks targeted for 2028. The platform is being co-developed as a white-box modular architecture that combines TRATON's internal development with Applied Intuition's Vehicle OS for trucking, as well as trusted third-party and open-source components. This modular approach allows TRATON to replace or consolidate compute units over time without fragmenting the software stack or rewriting the platform or applications, supporting the company's long-term ambition to move toward fewer, more powerful high-performance computers.공시 • Jan 30Traton SE to Report Nine Months, 2026 Results on Oct 28, 2026Traton SE announced that they will report nine months, 2026 results on Oct 28, 2026공시 • Jan 29Traton SE to Report Q2, 2026 Results on Jul 23, 2026Traton SE announced that they will report Q2, 2026 results on Jul 23, 2026공시 • Jul 25Traton SE Updates Earnings Guidance for the Full Year 2025Traton SE updated earnings guidance for the full year 2025. For the period, the company now expects a range of negative 10% to 0% (previously negative 5% to positive 5%) for unit sales and sales revenue.공시 • Mar 28Traton SE, Annual General Meeting, May 14, 2025Traton SE, Annual General Meeting, May 14, 2025, at 10:00 W. Europe Standard Time.공시 • Mar 11+ 1 more updateTraton SE to Report Q3, 2025 Results on Oct 29, 2025Traton SE announced that they will report Q3, 2025 results on Oct 29, 2025공시 • Mar 10Traton SE to Report Q1, 2025 Results on Apr 28, 2025Traton SE announced that they will report Q1, 2025 results at 9:00 AM, Central European Standard Time on Apr 28, 2025공시 • Jan 24Volkswagen Reportedly Plans to Lower Traton StakeVolkswagen AG (XTRA:VOW3) intends to divest a 15% stake in its truck subsidiary Traton SE (XTRA:8TRA), pursuing proceeds of around EUR 2 billion (USD 2.08 billion), local magazine Manager Magazin reported on Wednesday. The potential deal is expected to take place in the first half of 2025, the magazine said, citing unnamed sources. Volkswagen currently holds 89.72% of Traton after selling a 10.28% stake in an initial public offering (IPO) in 2019. In May 2024, however, Volkwagen CEO Oliver Blume indicated intentions to reduce the shareholding to 75% plus one share in the medium-term.공시 • Nov 28Traton SE to Report First Half, 2025 Results on Jul 25, 2025Traton SE announced that they will report first half, 2025 results on Jul 25, 2025Reported Earnings • Oct 28Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: €1.45 (up from €1.40 in 3Q 2023). Revenue: €11.9b (up 4.8% from 3Q 2023). Net income: €724.0m (up 3.1% from 3Q 2023). Profit margin: 6.1% (down from 6.2% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) also surpassed analyst estimates by 8.7%. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.공시 • Oct 28Traton SE to Report Q4, 2024 Results on Mar 10, 2025Traton SE announced that they will report Q4, 2024 results on Mar 10, 2025Reported Earnings • Jul 28Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2024 results: EPS: €1.17 (down from €1.37 in 2Q 2023). Revenue: €11.6b (flat on 2Q 2023). Net income: €585.0m (down 14% from 2Q 2023). Profit margin: 5.0% (down from 5.9% in 2Q 2023). Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) missed analyst estimates by 8.3%. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.공시 • Jun 26Traton SE(XTRA:8TRA) dropped from Germany SDAX (Total Return) IndexTraton SE has been Dropped from SDAX (Total Return) IndexUpcoming Dividend • Jun 07Upcoming dividend of €1.50 per shareEligible shareholders must have bought the stock before 14 June 2024. Payment date: 18 June 2024. Payout ratio is a comfortable 28% but the company is paying out more than the cash it is generating. Trailing yield: 4.5%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (3.4%).공시 • May 14Volkswagen Reportedly Explores Stock Sale in TratonVolkswagen AG (XTRA:VOW3) is exploring the sale of as much as €1 billion ($1.1 billion) of stock in Traton SE (XTRA:8TRA), people familiar with the matter said, taking advantage of the truckmaker’s surging price to increase the number of shares available for trading. VW, which owns about 90% of Traton, has been talking to potential advisers about a sale to institutional investors via an accelerated bookbuilding transaction as soon as the next few weeks, the people said. The size of the offering could be about €500 million to €1 billion depending on market conditions, according to the people.Declared Dividend • Apr 28Dividend increased to €1.50Dividend of €1.50 is 114% higher than last year. Ex-date: 14th June 2024 Payment date: 18th June 2024 Dividend yield will be 4.5%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (28% earnings payout ratio) but not covered by cash flows (266% cash payout ratio). The dividend has increased by an average of 11% per year over the past 4 years. However, payments have been volatile during that time. EPS is expected to grow by 17% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Apr 26First quarter 2024 earnings released: EPS: €1.50 (vs €1.11 in 1Q 2023)First quarter 2024 results: EPS: €1.50 (up from €1.11 in 1Q 2023). Revenue: €11.8b (up 5.5% from 1Q 2023). Net income: €752.0m (up 36% from 1Q 2023). Profit margin: 6.4% (up from 5.0% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.Price Target Changed • Apr 11Price target increased by 8.6% to €34.81Up from €32.05, the current price target is an average from 16 analysts. New target price is approximately in line with last closing price of €34.00. Stock is up 76% over the past year. The company is forecast to post earnings per share of €5.10 for next year compared to €4.90 last year.Price Target Changed • Apr 07Price target increased by 7.6% to €33.32Up from €30.98, the current price target is an average from 15 analysts. New target price is approximately in line with last closing price of €33.80. Stock is up 94% over the past year. The company is forecast to post earnings per share of €5.03 for next year compared to €4.90 last year.Valuation Update With 7 Day Price Move • Mar 12Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €32.50, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 12x in the Machinery industry in Germany. Total returns to shareholders of 49% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €42.95 per share.Price Target Changed • Mar 06Price target increased by 11% to €29.26Up from €26.48, the current price target is an average from 14 analysts. New target price is approximately in line with last closing price of €30.32. Stock is up 67% over the past year. The company is forecast to post earnings per share of €5.01 for next year compared to €4.90 last year.Reported Earnings • Mar 05Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: €4.90 (up from €2.28 in FY 2022). Revenue: €46.9b (up 16% from FY 2022). Net income: €2.45b (up 115% from FY 2022). Profit margin: 5.2% (up from 2.8% in FY 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) missed analyst estimates by 5.5%. Revenue is forecast to stay flat during the next 3 years compared to a 3.2% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.공시 • Nov 18+ 4 more updatesTraton SE to Report Nine Months, 2024 Results on Oct 28, 2024Traton SE announced that they will report nine months, 2024 results on Oct 28, 2024Reported Earnings • Oct 26Third quarter 2023 earnings: EPS and revenues exceed analyst expectationsThird quarter 2023 results: EPS: €1.40 (up from €0.065 loss in 3Q 2022). Revenue: €11.3b (up 7.2% from 3Q 2022). Net income: €702.0m (up €734.0m from 3Q 2022). Profit margin: 6.2% (up from net loss in 3Q 2022). Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) also surpassed analyst estimates by 25%. Revenue is forecast to stay flat during the next 3 years compared to a 3.5% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.공시 • Oct 26Traton SE Provides Revenue Guidance for the Full Year 2023Traton SE provided revenue guidance for the full year 2023. for the year, the company expects unit sales and sales revenue to increase by 5% to 15% each.Reported Earnings • Jul 28Second quarter 2023 earnings released: EPS: €1.37 (vs €0.54 in 2Q 2022)Second quarter 2023 results: EPS: €1.37 (up from €0.54 in 2Q 2022). Revenue: €11.7b (up 23% from 2Q 2022). Net income: €683.0m (up 155% from 2Q 2022). Profit margin: 5.9% (up from 2.8% in 2Q 2022). Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • May 26Upcoming dividend of €0.70 per share at 3.6% yieldEligible shareholders must have bought the stock before 02 June 2023. Payment date: 06 June 2023. Payout ratio is a comfortable 27% but the company is not cash flow positive. Trailing yield: 3.6%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.9%).Reported Earnings • May 03First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2023 results: EPS: €1.11 (up from €0.84 in 1Q 2022). Revenue: €11.2b (up 31% from 1Q 2022). Net income: €555.0m (up 32% from 1Q 2022). Profit margin: 5.0% (in line with 1Q 2022). Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) missed analyst estimates by 15%. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Apr 17Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €20.80, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 13x in the Machinery industry in Germany. Total returns to shareholders of 60% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €32.74 per share.Price Target Changed • Mar 15Price target increased by 11% to €20.90Up from €18.86, the current price target is an average from 14 analysts. New target price is 18% above last closing price of €17.64. Stock is down 4.6% over the past year. The company is forecast to post earnings per share of €3.39 for next year compared to €2.28 last year.Reported Earnings • Mar 09Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2022 results: EPS: €2.28 (up from €0.91 in FY 2021). Revenue: €40.3b (up 32% from FY 2021). Net income: €1.14b (up 150% from FY 2021). Profit margin: 2.8% (up from 1.5% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.6%. Earnings per share (EPS) missed analyst estimates by 5.4%. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.Price Target Changed • Mar 08Price target increased by 8.9% to €20.07Up from €18.43, the current price target is an average from 14 analysts. New target price is 12% above last closing price of €17.92. Stock is up 1.5% over the past year. The company is forecast to post earnings per share of €2.41 for next year compared to €0.91 last year.공시 • Jan 17+ 3 more updatesTraton SE to Report Nine Months, 2023 Results on Oct 25, 2023Traton SE announced that they will report nine months, 2023 results on Oct 25, 2023공시 • Dec 09Traton SE, Annual General Meeting, Jun 01, 2023Traton SE, Annual General Meeting, Jun 01, 2023.Reported Earnings • Oct 29Third quarter 2022 earnings released: €0.065 loss per share (vs €0.64 profit in 3Q 2021)Third quarter 2022 results: €0.065 loss per share (down from €0.64 profit in 3Q 2021). Revenue: €10.6b (up 31% from 3Q 2021). Net loss: €32.0m (down 110% from profit in 3Q 2021). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.Reported Earnings • Jul 30Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2022 results: EPS: €0.54. Revenue: €9.46b (up 34% from 2Q 2021). Net income: €268.0m (up 24% from 2Q 2021). Profit margin: 2.8% (down from 3.1% in 2Q 2021). Revenue missed analyst estimates by 100%. Earnings per share (EPS) exceeded analyst estimates by 57%. Over the next year, revenue is forecast to grow 7.2%, compared to a 9.5% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Jun 14Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €15.00, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 12x in the Machinery industry in Germany. Total loss to shareholders of 42% over the past year.Upcoming Dividend • Jun 03Upcoming dividend of €0.50 per shareEligible shareholders must have bought the stock before 10 June 2022. Payment date: 14 June 2022. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (4.2%). Higher than average of industry peers (2.5%).Reported Earnings • May 05First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: €0.84 (up from €0.26 in 1Q 2021). Revenue: €8.53b (up 30% from 1Q 2021). Net income: €422.0m (up 227% from 1Q 2021). Profit margin: 5.0% (up from 2.0% in 1Q 2021). Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) also surpassed analyst estimates by 425%. Over the next year, revenue is forecast to grow 11%, compared to a 9.6% growth forecast for the industry in Germany.Price Target Changed • Apr 05Price target decreased to €25.11Down from €27.12, the current price target is an average from 8 analysts. New target price is 50% above last closing price of €16.69. Stock is down 28% over the past year. The company is forecast to post earnings per share of €2.58 for next year compared to €0.91 last year.Reported Earnings • Mar 17Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: €0.91 (up from €0.20 loss in FY 2020). Revenue: €30.6b (up 36% from FY 2020). Net income: €457.0m (up €558.0m from FY 2020). Profit margin: 1.5% (up from net loss in FY 2020). Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) missed analyst estimates by 53%. Over the next year, revenue is forecast to grow 14%, compared to a 9.9% growth forecast for the industry in Germany.Reported Earnings • Oct 29Third quarter 2021 earnings released: EPS €0.65 (vs €0.26 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €8.05b (up 42% from 3Q 2020). Net income: €326.0m (up 153% from 3Q 2020). Profit margin: 4.1% (up from 2.3% in 3Q 2020).Executive Departure • Oct 01Chief Executive Officer Matthias Grundler has left the companyOn the 30th of September, Matthias Grundler's tenure as Chief Executive Officer of the company ended after 1.2 years in the role. We don't have any record of a personal shareholding under Matthias' name. A total of 2 executives have left over the last 12 months. Under Matthias' leadership, the company delivered a total shareholder return of 35%.Executive Departure • Oct 01Chief Financial Officer Christian Schulz has left the companyOn the 30th of September, Christian Schulz's tenure as Chief Financial Officer ended after 3.3 years in the role. As of June 2021, Christian still personally held 4.05k shares (€72k worth at the time). A total of 2 executives have left over the last 12 months.Price Target Changed • Sep 03Price target increased to €32.00Up from €29.60, the current price target is an average from 11 analysts. New target price is 28% above last closing price of €25.00. Stock is up 35% over the past year.Reported Earnings • Jul 29Second quarter 2021 earnings released: EPS €0.43 (vs €0.74 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €7.08b (up 61% from 2Q 2020). Net income: €216.0m (up €584.0m from 2Q 2020). Profit margin: 3.1% (up from net loss in 2Q 2020).Upcoming Dividend • Jun 24Upcoming dividend of €0.25 per shareEligible shareholders must have bought the stock before 01 July 2021. Payment date: 05 July 2021. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (1.0%).Reported Earnings • May 11First quarter 2021 earnings released: EPS €0.26 (vs €0.19 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €6.54b (up 15% from 1Q 2020). Net income: €129.0m (up 34% from 1Q 2020). Profit margin: 2.0% (up from 1.7% in 1Q 2020).Reported Earnings • Mar 12Full year 2020 earnings released: €0.20 loss per share (vs €3.04 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €22.6b (down 16% from FY 2019). Net loss: €101.0m (down 107% from profit in FY 2019).Analyst Estimate Surprise Post Earnings • Mar 12Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) also surpassed analyst estimates by 13,145%. Over the next year, revenue is forecast to grow 12%, compared to a 6.1% growth forecast for the Machinery industry in Germany.Is New 90 Day High Low • Mar 08New 90-day high: €25.30The company is up 8.0% from its price of €23.47 on 08 December 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €183 per share.Is New 90 Day High Low • Jan 07New 90-day high: €23.75The company is up 36% from its price of €17.44 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €84.92 per share.Price Target Changed • Dec 08Price target raised to €23.19Up from €21.61, the current price target is an average from 12 analysts. The new target price is close to the current share price of €23.47. As of last close, the stock is down 2.9% over the past year.Is New 90 Day High Low • Dec 04New 90-day high: €22.96The company is up 24% from its price of €18.55 on 04 September 2020. The German market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €65.32 per share.Analyst Estimate Surprise Post Earnings • Nov 11Revenue beats expectations, earnings disappointRevenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) missed analyst estimates by 3.0%. Over the next year, revenue is forecast to grow 6.6%, compared to a 2.2% growth forecast for the Machinery industry in Germany.Reported Earnings • Nov 11Third quarter 2020 earnings released: EPS €0.27The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: €5.67b (down 9.8% from 3Q 2019). Net income: €129.0m (down 70% from 3Q 2019). Profit margin: 2.3% (down from 6.8% in 3Q 2019). The decrease in margin was driven by lower revenue.Is New 90 Day High Low • Oct 30New 90-day low: €16.09The company is down 5.0% from its price of €16.86 on 31 July 2020. The German market is also down 5.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Machinery industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €7.85 per share.매출 및 비용 세부 내역Traton가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이DB:8TRA 매출, 비용 및 순이익 (EUR Millions)날짜매출순이익일반관리비연구개발비31 Mar 2643,6771,3065,061031 Dec 2544,0521,5475,139030 Sep 2544,5421,7795,196030 Jun 2545,9922,1795,249031 Mar 2546,2812,5185,268031 Dec 2447,4732,8045,233030 Sep 2447,9492,5725,022030 Jun 2447,4052,5505,129031 Mar 2447,4842,6484,992031 Dec 2346,8722,4514,900030 Sep 2345,9662,4234,908030 Jun 2345,2071,6894,819031 Mar 2342,9961,2744,707031 Dec 2240,3351,1414,585030 Sep 2237,4954494,465030 Jun 2234,9818024,382031 Mar 2232,6017504,100031 Dec 2130,6204573,804030 Sep 2128,5107083,598030 Jun 2126,1285163,113031 Mar 2123,445-683,012031 Dec 2022,580-1013,000030 Sep 2022,8141733,104030 Jun 2023,4334743,189031 Mar 2026,1671,2363,355031 Dec 1926,9011,5203,364030 Sep 1927,1311,4193,301030 Jun 1926,8591,4913,303031 Mar 1926,2891,2283,333031 Dec 1825,9271,1403,326031 Dec 1724,3668803,262031 Dec 1621,9151863,1400양질의 수익: 8TRA는 €534.0M 규모의 큰 일회성 손실이 있어 31st March, 2026까지 지난 12개월 재무 결과에 영향을 미쳤습니다.이익 마진 증가: 8TRA의 현재 순 이익률 (3%)은 지난해 (5.4%)보다 낮습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 8TRA는 지난 5년 동안 흑자전환하며 연평균 26.9%의 수익 성장을 기록했습니다.성장 가속화: 8TRA은 지난 1년 동안 수익이 감소하여 5년 평균과 비교할 수 없습니다.수익 대 산업: 8TRA은 지난 1년 동안 수익이 감소(-48.1%)하여 Machinery 업계 평균(1.6%)과 비교하기 어렵습니다.자기자본이익률높은 ROE: 8TRA의 자본 수익률(6.9%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YCapital-goods 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/25 15:03종가2026/05/22 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Traton SE는 27명의 분석가가 다루고 있습니다. 이 중 18명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Erwann DagorneBarclaysKai MuellerBarclaysHarry MartinBernstein24명의 분석가 더 보기
공시 • Jan 30Traton SE to Report Nine Months, 2026 Results on Oct 28, 2026Traton SE announced that they will report nine months, 2026 results on Oct 28, 2026
공시 • Jan 29Traton SE to Report Q2, 2026 Results on Jul 23, 2026Traton SE announced that they will report Q2, 2026 results on Jul 23, 2026
공시 • Mar 11+ 1 more updateTraton SE to Report Q3, 2025 Results on Oct 29, 2025Traton SE announced that they will report Q3, 2025 results on Oct 29, 2025
공시 • Mar 10Traton SE to Report Q1, 2025 Results on Apr 28, 2025Traton SE announced that they will report Q1, 2025 results at 9:00 AM, Central European Standard Time on Apr 28, 2025
공시 • Nov 28Traton SE to Report First Half, 2025 Results on Jul 25, 2025Traton SE announced that they will report first half, 2025 results on Jul 25, 2025
Reported Earnings • Oct 28Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: €1.45 (up from €1.40 in 3Q 2023). Revenue: €11.9b (up 4.8% from 3Q 2023). Net income: €724.0m (up 3.1% from 3Q 2023). Profit margin: 6.1% (down from 6.2% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) also surpassed analyst estimates by 8.7%. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
공시 • Apr 30+ 1 more updateTraton SE announces Annual dividend, payable on June 19, 2026Traton SE announced Annual dividend of EUR 0.9300 per share payable on June 19, 2026, ex-date on June 17, 2026 and record date on June 18, 2026.
공시 • Apr 02TRATON GROUP and Applied Intuition Announces TRATON ONE OS, a Unified Software Platform for Improved Fleet Uptime Across TRATON's Four Global BrandsThe TRATON GROUP and Applied Intuition, Inc. announced TRATON ONE OS, a next-generation software-defined vehicle platform that will power all new vehicles across TRATON's four brands: Scania, MAN, International and Volkswagen Truck & Bus. Building on more than a year of co-development, the two companies are deploying a single unified platform that's at the forefront of innovation to deliver benefits to customers: Prevent costly downtime: The system's unified data access is designed to enable predictive maintenance capabilities that allow fleet operators to identify and address potential mechanical issues before they lead to breakdowns, service recalls or unplanned downtime. Future-proof fleets: Customers will be able to receive new applications, features and full-cabin user-interface upgrades via over-the-air software updates, eliminating many workshop visits and allowing vehicles to improve throughout their operational life. Unlock the autonomous future: The platform's adaptive middleware is designed to serve as a foundation for autonomous driving systems, enabling TRATON to layer autonomous capabilities onto the same architecture over time. Designed to bring the speed, flexibility and continuous update cycles of modern software development to the commercial vehicle industry, TRATON ONE OS will operate on all high-performance computers (HPCs) in TRATON's new vehicle architecture. The platform supports multiple hardware chipsets and global regulatory environments while giving TRATON teams a common foundation to build on — all without compromising each brand's distinct customer experience. Testing of the first integrated ECU hardware will begin in April 2026, with rollout across new trucks targeted for 2028. The platform is being co-developed as a white-box modular architecture that combines TRATON's internal development with Applied Intuition's Vehicle OS for trucking, as well as trusted third-party and open-source components. This modular approach allows TRATON to replace or consolidate compute units over time without fragmenting the software stack or rewriting the platform or applications, supporting the company's long-term ambition to move toward fewer, more powerful high-performance computers.
공시 • Jan 30Traton SE to Report Nine Months, 2026 Results on Oct 28, 2026Traton SE announced that they will report nine months, 2026 results on Oct 28, 2026
공시 • Jan 29Traton SE to Report Q2, 2026 Results on Jul 23, 2026Traton SE announced that they will report Q2, 2026 results on Jul 23, 2026
공시 • Jul 25Traton SE Updates Earnings Guidance for the Full Year 2025Traton SE updated earnings guidance for the full year 2025. For the period, the company now expects a range of negative 10% to 0% (previously negative 5% to positive 5%) for unit sales and sales revenue.
공시 • Mar 28Traton SE, Annual General Meeting, May 14, 2025Traton SE, Annual General Meeting, May 14, 2025, at 10:00 W. Europe Standard Time.
공시 • Mar 11+ 1 more updateTraton SE to Report Q3, 2025 Results on Oct 29, 2025Traton SE announced that they will report Q3, 2025 results on Oct 29, 2025
공시 • Mar 10Traton SE to Report Q1, 2025 Results on Apr 28, 2025Traton SE announced that they will report Q1, 2025 results at 9:00 AM, Central European Standard Time on Apr 28, 2025
공시 • Jan 24Volkswagen Reportedly Plans to Lower Traton StakeVolkswagen AG (XTRA:VOW3) intends to divest a 15% stake in its truck subsidiary Traton SE (XTRA:8TRA), pursuing proceeds of around EUR 2 billion (USD 2.08 billion), local magazine Manager Magazin reported on Wednesday. The potential deal is expected to take place in the first half of 2025, the magazine said, citing unnamed sources. Volkswagen currently holds 89.72% of Traton after selling a 10.28% stake in an initial public offering (IPO) in 2019. In May 2024, however, Volkwagen CEO Oliver Blume indicated intentions to reduce the shareholding to 75% plus one share in the medium-term.
공시 • Nov 28Traton SE to Report First Half, 2025 Results on Jul 25, 2025Traton SE announced that they will report first half, 2025 results on Jul 25, 2025
Reported Earnings • Oct 28Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: €1.45 (up from €1.40 in 3Q 2023). Revenue: €11.9b (up 4.8% from 3Q 2023). Net income: €724.0m (up 3.1% from 3Q 2023). Profit margin: 6.1% (down from 6.2% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) also surpassed analyst estimates by 8.7%. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
공시 • Oct 28Traton SE to Report Q4, 2024 Results on Mar 10, 2025Traton SE announced that they will report Q4, 2024 results on Mar 10, 2025
Reported Earnings • Jul 28Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2024 results: EPS: €1.17 (down from €1.37 in 2Q 2023). Revenue: €11.6b (flat on 2Q 2023). Net income: €585.0m (down 14% from 2Q 2023). Profit margin: 5.0% (down from 5.9% in 2Q 2023). Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) missed analyst estimates by 8.3%. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
공시 • Jun 26Traton SE(XTRA:8TRA) dropped from Germany SDAX (Total Return) IndexTraton SE has been Dropped from SDAX (Total Return) Index
Upcoming Dividend • Jun 07Upcoming dividend of €1.50 per shareEligible shareholders must have bought the stock before 14 June 2024. Payment date: 18 June 2024. Payout ratio is a comfortable 28% but the company is paying out more than the cash it is generating. Trailing yield: 4.5%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (3.4%).
공시 • May 14Volkswagen Reportedly Explores Stock Sale in TratonVolkswagen AG (XTRA:VOW3) is exploring the sale of as much as €1 billion ($1.1 billion) of stock in Traton SE (XTRA:8TRA), people familiar with the matter said, taking advantage of the truckmaker’s surging price to increase the number of shares available for trading. VW, which owns about 90% of Traton, has been talking to potential advisers about a sale to institutional investors via an accelerated bookbuilding transaction as soon as the next few weeks, the people said. The size of the offering could be about €500 million to €1 billion depending on market conditions, according to the people.
Declared Dividend • Apr 28Dividend increased to €1.50Dividend of €1.50 is 114% higher than last year. Ex-date: 14th June 2024 Payment date: 18th June 2024 Dividend yield will be 4.5%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (28% earnings payout ratio) but not covered by cash flows (266% cash payout ratio). The dividend has increased by an average of 11% per year over the past 4 years. However, payments have been volatile during that time. EPS is expected to grow by 17% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Apr 26First quarter 2024 earnings released: EPS: €1.50 (vs €1.11 in 1Q 2023)First quarter 2024 results: EPS: €1.50 (up from €1.11 in 1Q 2023). Revenue: €11.8b (up 5.5% from 1Q 2023). Net income: €752.0m (up 36% from 1Q 2023). Profit margin: 6.4% (up from 5.0% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Apr 11Price target increased by 8.6% to €34.81Up from €32.05, the current price target is an average from 16 analysts. New target price is approximately in line with last closing price of €34.00. Stock is up 76% over the past year. The company is forecast to post earnings per share of €5.10 for next year compared to €4.90 last year.
Price Target Changed • Apr 07Price target increased by 7.6% to €33.32Up from €30.98, the current price target is an average from 15 analysts. New target price is approximately in line with last closing price of €33.80. Stock is up 94% over the past year. The company is forecast to post earnings per share of €5.03 for next year compared to €4.90 last year.
Valuation Update With 7 Day Price Move • Mar 12Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €32.50, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 12x in the Machinery industry in Germany. Total returns to shareholders of 49% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €42.95 per share.
Price Target Changed • Mar 06Price target increased by 11% to €29.26Up from €26.48, the current price target is an average from 14 analysts. New target price is approximately in line with last closing price of €30.32. Stock is up 67% over the past year. The company is forecast to post earnings per share of €5.01 for next year compared to €4.90 last year.
Reported Earnings • Mar 05Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: €4.90 (up from €2.28 in FY 2022). Revenue: €46.9b (up 16% from FY 2022). Net income: €2.45b (up 115% from FY 2022). Profit margin: 5.2% (up from 2.8% in FY 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) missed analyst estimates by 5.5%. Revenue is forecast to stay flat during the next 3 years compared to a 3.2% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
공시 • Nov 18+ 4 more updatesTraton SE to Report Nine Months, 2024 Results on Oct 28, 2024Traton SE announced that they will report nine months, 2024 results on Oct 28, 2024
Reported Earnings • Oct 26Third quarter 2023 earnings: EPS and revenues exceed analyst expectationsThird quarter 2023 results: EPS: €1.40 (up from €0.065 loss in 3Q 2022). Revenue: €11.3b (up 7.2% from 3Q 2022). Net income: €702.0m (up €734.0m from 3Q 2022). Profit margin: 6.2% (up from net loss in 3Q 2022). Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) also surpassed analyst estimates by 25%. Revenue is forecast to stay flat during the next 3 years compared to a 3.5% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
공시 • Oct 26Traton SE Provides Revenue Guidance for the Full Year 2023Traton SE provided revenue guidance for the full year 2023. for the year, the company expects unit sales and sales revenue to increase by 5% to 15% each.
Reported Earnings • Jul 28Second quarter 2023 earnings released: EPS: €1.37 (vs €0.54 in 2Q 2022)Second quarter 2023 results: EPS: €1.37 (up from €0.54 in 2Q 2022). Revenue: €11.7b (up 23% from 2Q 2022). Net income: €683.0m (up 155% from 2Q 2022). Profit margin: 5.9% (up from 2.8% in 2Q 2022). Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • May 26Upcoming dividend of €0.70 per share at 3.6% yieldEligible shareholders must have bought the stock before 02 June 2023. Payment date: 06 June 2023. Payout ratio is a comfortable 27% but the company is not cash flow positive. Trailing yield: 3.6%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.9%).
Reported Earnings • May 03First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2023 results: EPS: €1.11 (up from €0.84 in 1Q 2022). Revenue: €11.2b (up 31% from 1Q 2022). Net income: €555.0m (up 32% from 1Q 2022). Profit margin: 5.0% (in line with 1Q 2022). Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) missed analyst estimates by 15%. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Apr 17Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €20.80, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 13x in the Machinery industry in Germany. Total returns to shareholders of 60% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €32.74 per share.
Price Target Changed • Mar 15Price target increased by 11% to €20.90Up from €18.86, the current price target is an average from 14 analysts. New target price is 18% above last closing price of €17.64. Stock is down 4.6% over the past year. The company is forecast to post earnings per share of €3.39 for next year compared to €2.28 last year.
Reported Earnings • Mar 09Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2022 results: EPS: €2.28 (up from €0.91 in FY 2021). Revenue: €40.3b (up 32% from FY 2021). Net income: €1.14b (up 150% from FY 2021). Profit margin: 2.8% (up from 1.5% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.6%. Earnings per share (EPS) missed analyst estimates by 5.4%. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
Price Target Changed • Mar 08Price target increased by 8.9% to €20.07Up from €18.43, the current price target is an average from 14 analysts. New target price is 12% above last closing price of €17.92. Stock is up 1.5% over the past year. The company is forecast to post earnings per share of €2.41 for next year compared to €0.91 last year.
공시 • Jan 17+ 3 more updatesTraton SE to Report Nine Months, 2023 Results on Oct 25, 2023Traton SE announced that they will report nine months, 2023 results on Oct 25, 2023
공시 • Dec 09Traton SE, Annual General Meeting, Jun 01, 2023Traton SE, Annual General Meeting, Jun 01, 2023.
Reported Earnings • Oct 29Third quarter 2022 earnings released: €0.065 loss per share (vs €0.64 profit in 3Q 2021)Third quarter 2022 results: €0.065 loss per share (down from €0.64 profit in 3Q 2021). Revenue: €10.6b (up 31% from 3Q 2021). Net loss: €32.0m (down 110% from profit in 3Q 2021). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.
Reported Earnings • Jul 30Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2022 results: EPS: €0.54. Revenue: €9.46b (up 34% from 2Q 2021). Net income: €268.0m (up 24% from 2Q 2021). Profit margin: 2.8% (down from 3.1% in 2Q 2021). Revenue missed analyst estimates by 100%. Earnings per share (EPS) exceeded analyst estimates by 57%. Over the next year, revenue is forecast to grow 7.2%, compared to a 9.5% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Jun 14Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €15.00, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 12x in the Machinery industry in Germany. Total loss to shareholders of 42% over the past year.
Upcoming Dividend • Jun 03Upcoming dividend of €0.50 per shareEligible shareholders must have bought the stock before 10 June 2022. Payment date: 14 June 2022. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (4.2%). Higher than average of industry peers (2.5%).
Reported Earnings • May 05First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: €0.84 (up from €0.26 in 1Q 2021). Revenue: €8.53b (up 30% from 1Q 2021). Net income: €422.0m (up 227% from 1Q 2021). Profit margin: 5.0% (up from 2.0% in 1Q 2021). Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) also surpassed analyst estimates by 425%. Over the next year, revenue is forecast to grow 11%, compared to a 9.6% growth forecast for the industry in Germany.
Price Target Changed • Apr 05Price target decreased to €25.11Down from €27.12, the current price target is an average from 8 analysts. New target price is 50% above last closing price of €16.69. Stock is down 28% over the past year. The company is forecast to post earnings per share of €2.58 for next year compared to €0.91 last year.
Reported Earnings • Mar 17Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: €0.91 (up from €0.20 loss in FY 2020). Revenue: €30.6b (up 36% from FY 2020). Net income: €457.0m (up €558.0m from FY 2020). Profit margin: 1.5% (up from net loss in FY 2020). Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) missed analyst estimates by 53%. Over the next year, revenue is forecast to grow 14%, compared to a 9.9% growth forecast for the industry in Germany.
Reported Earnings • Oct 29Third quarter 2021 earnings released: EPS €0.65 (vs €0.26 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €8.05b (up 42% from 3Q 2020). Net income: €326.0m (up 153% from 3Q 2020). Profit margin: 4.1% (up from 2.3% in 3Q 2020).
Executive Departure • Oct 01Chief Executive Officer Matthias Grundler has left the companyOn the 30th of September, Matthias Grundler's tenure as Chief Executive Officer of the company ended after 1.2 years in the role. We don't have any record of a personal shareholding under Matthias' name. A total of 2 executives have left over the last 12 months. Under Matthias' leadership, the company delivered a total shareholder return of 35%.
Executive Departure • Oct 01Chief Financial Officer Christian Schulz has left the companyOn the 30th of September, Christian Schulz's tenure as Chief Financial Officer ended after 3.3 years in the role. As of June 2021, Christian still personally held 4.05k shares (€72k worth at the time). A total of 2 executives have left over the last 12 months.
Price Target Changed • Sep 03Price target increased to €32.00Up from €29.60, the current price target is an average from 11 analysts. New target price is 28% above last closing price of €25.00. Stock is up 35% over the past year.
Reported Earnings • Jul 29Second quarter 2021 earnings released: EPS €0.43 (vs €0.74 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €7.08b (up 61% from 2Q 2020). Net income: €216.0m (up €584.0m from 2Q 2020). Profit margin: 3.1% (up from net loss in 2Q 2020).
Upcoming Dividend • Jun 24Upcoming dividend of €0.25 per shareEligible shareholders must have bought the stock before 01 July 2021. Payment date: 05 July 2021. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (1.0%).
Reported Earnings • May 11First quarter 2021 earnings released: EPS €0.26 (vs €0.19 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €6.54b (up 15% from 1Q 2020). Net income: €129.0m (up 34% from 1Q 2020). Profit margin: 2.0% (up from 1.7% in 1Q 2020).
Reported Earnings • Mar 12Full year 2020 earnings released: €0.20 loss per share (vs €3.04 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €22.6b (down 16% from FY 2019). Net loss: €101.0m (down 107% from profit in FY 2019).
Analyst Estimate Surprise Post Earnings • Mar 12Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) also surpassed analyst estimates by 13,145%. Over the next year, revenue is forecast to grow 12%, compared to a 6.1% growth forecast for the Machinery industry in Germany.
Is New 90 Day High Low • Mar 08New 90-day high: €25.30The company is up 8.0% from its price of €23.47 on 08 December 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €183 per share.
Is New 90 Day High Low • Jan 07New 90-day high: €23.75The company is up 36% from its price of €17.44 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €84.92 per share.
Price Target Changed • Dec 08Price target raised to €23.19Up from €21.61, the current price target is an average from 12 analysts. The new target price is close to the current share price of €23.47. As of last close, the stock is down 2.9% over the past year.
Is New 90 Day High Low • Dec 04New 90-day high: €22.96The company is up 24% from its price of €18.55 on 04 September 2020. The German market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €65.32 per share.
Analyst Estimate Surprise Post Earnings • Nov 11Revenue beats expectations, earnings disappointRevenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) missed analyst estimates by 3.0%. Over the next year, revenue is forecast to grow 6.6%, compared to a 2.2% growth forecast for the Machinery industry in Germany.
Reported Earnings • Nov 11Third quarter 2020 earnings released: EPS €0.27The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: €5.67b (down 9.8% from 3Q 2019). Net income: €129.0m (down 70% from 3Q 2019). Profit margin: 2.3% (down from 6.8% in 3Q 2019). The decrease in margin was driven by lower revenue.
Is New 90 Day High Low • Oct 30New 90-day low: €16.09The company is down 5.0% from its price of €16.86 on 31 July 2020. The German market is also down 5.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Machinery industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €7.85 per share.