RATIONAL Aktiengesellschaft

XTRA:RAA Voorraadrapport

Marktkapitalisatie: €7.4b

RATIONAL Beheer

Beheer criteriumcontroles 4/4

Momenteel beschikken wij niet over voldoende informatie over de CEO.

Belangrijke informatie

Peter Stadelmann

Algemeen directeur

€2.3m

Totale compensatie

Percentage CEO-salaris60.98%
Dienstverband CEO13.5yrs
Eigendom CEOn/a
Management gemiddelde ambtstermijn5.3yrs
Gemiddelde ambtstermijn bestuur7.1yrs

Recente managementupdates

Recent updates

Narratiefupdate Jun 02

RAA: Balanced Rating Shifts And Dividend Plans Will Shape Medium Term Outlook

RATIONAL’s analyst price target has been adjusted by €27 overall. This reflects updated views on the stock after mixed target changes and ratings moves from several research houses, with analysts pointing to refined assumptions on growth, margins and future P/E.
Narratiefupdate May 13

RAA: Mixed Rating Shifts And Dividend Plans Will Shape Medium Term Upside

RATIONAL's updated analyst price target edges higher by about €3, as analysts factor in slightly adjusted assumptions for the discount rate, revenue growth, profit margins, and the latest mix of target changes and upgrades from major banks. Analyst Commentary Recent Street research on RATIONAL points to a mixed backdrop, with some bullish reassessments sitting alongside more cautious inputs to price targets and ratings.
Analyseartikel May 09

Analysts Are Updating Their RATIONAL Aktiengesellschaft (ETR:RAA) Estimates After Its First-Quarter Results

Investors in RATIONAL Aktiengesellschaft ( ETR:RAA ) had a good week, as its shares rose 5.9% to close at €660...
Narratiefupdate Apr 23

RAA: Recent Dividend Payouts And Guidance Will Tighten Medium Term Upside Potential

The analyst price target for RATIONAL has been adjusted by €13, with analysts citing mixed recent research that includes both target cuts and upgrades, reflecting updated views on growth, margins and valuation assumptions. Analyst Commentary Recent research on RATIONAL highlights a split view, with some firms trimming price targets while others issue upgrades.
Narratiefupdate Apr 08

RAA: Mixed Rating Shifts And Dividend Moves Will Likely Reshape Medium Term Expectations

Narrative Update on RATIONAL The updated analyst price target for RATIONAL edges up by €5 to €585, as analysts weigh recent mixed target moves, including adjustments from Deutsche Bank alongside upgrades from DZ Bank, RBC Capital and Berenberg, against slightly refined assumptions for discount rate, revenue growth, profit margin and future P/E. Analyst Commentary Recent research on RATIONAL shows a split in sentiment, with some firms turning more positive while others take a more cautious stance.
Narratiefupdate Mar 25

RAA: Medium Term 8% Guidance And P/E Framework Will Support Upside

Analysts have raised their price target on RATIONAL by about €9 to roughly €790, citing small refinements to assumptions on fair value, discount rate, revenue growth, profit margin and future P/E following recent upgrades and target raises from several banks. Analyst Commentary Recent research updates cluster around a similar fair value area, with several banks lifting price targets toward about €790.
Narratiefupdate Mar 10

RAA: Higher Rating And Margin Outlook Will Support Future Premium P E

Analysts have nudged their price targets on RATIONAL higher by €6, citing slightly stronger assumptions for fair value, discount rate, revenue growth, profit margin and future P/E that align with recent upward revisions in Street research. Analyst Commentary Bullish analysts are leaning into a more constructive view on RATIONAL, with recent research pointing to higher fair value estimates and support for the current valuation framework.
Narratiefupdate Feb 24

RAA: Medium Term Organic Expansion Will Likely Fall Short Of Elevated Expectations

The analyst fair value estimate for RATIONAL has edged down by €10 to €580 as analysts factor in updated assumptions on discount rates, revenue growth, profit margins, and a slightly lower future P/E. Analyst Commentary Recent research has generally pointed to a constructive view on RATIONAL, with some firms lifting price targets and upgrading their stance on the stock.
Narratiefupdate Feb 10

RAA: Medium Term Guidance And P/E Assumptions Will Shape Fair Outlook

Analysts have lifted their price target on RATIONAL by €6 to €780, pointing to slightly higher assumed profit margins and a modestly higher future P/E multiple, even as they fine tune discount rate and revenue growth inputs. Analyst Commentary Bullish Takeaways Bullish analysts highlight a medium term organic growth assumption of 8% a year, which they see as supportive of current and slightly higher valuation levels.
Analyseartikel Feb 08

Is RATIONAL Aktiengesellschaft (ETR:RAA) Potentially Undervalued?

Today we're going to take a look at the well-established RATIONAL Aktiengesellschaft ( ETR:RAA ). The company's stock...
Narratiefupdate Jan 26

RAA: Upgraded Rating And Organic Growth Outlook Will Support Higher Fair Value

Analysts have nudged their fair value estimate for RATIONAL slightly higher to €985.51 from €984.13, pointing to refined assumptions on discount rate, revenue growth and profit margin after recent price target increases and a rating upgrade in Street research. Analyst Commentary Bullish analysts have recently updated their views on RATIONAL, pointing to a more constructive stance on the shares and refining their price targets.
Analyseartikel Jan 23

RATIONAL Aktiengesellschaft's (ETR:RAA) Popularity With Investors Is Under Threat From Overpricing

With a price-to-earnings (or "P/E") ratio of 29.8x RATIONAL Aktiengesellschaft ( ETR:RAA ) may be sending very bearish...
Narratiefupdate Jan 11

RAA: Upgraded Rating And 8% Outlook Will Support Higher Fair Value

Narrative Update on RATIONAL Analysts have lifted their fair value estimate for RATIONAL from €949.78 to €984.13, citing updated assumptions for discount rate, revenue growth, profit margins and future P/E, alongside recent Street research that points to the company being well placed for around 8% annual organic growth in the medium term. Analyst Commentary Recent Street research has tilted more positive on RATIONAL, with bullish analysts highlighting both price target revisions and confidence in the company’s medium term growth profile.
Analyseartikel Jan 08

Investors Shouldn't Overlook RATIONAL's (ETR:RAA) Impressive Returns On Capital

To find a multi-bagger stock, what are the underlying trends we should look for in a business? One common approach is...
Narratiefupdate Dec 26

RAA: Future U.S. Market Share Gains Will Likely Disappoint High Expectations

Analysts raised their price target on RATIONAL, increasing it by EUR 11 to EUR 816, citing the stock's return to a 10 year low valuation and expectations for continued market share gains in the U.S. Analyst Commentary While the latest upgrade reflects confidence in RATIONAL's long term growth prospects and U.S. market share opportunities, not all market participants are uniformly positive. Some investors remain focused on the risk that the stock's re rating could outpace the company's ability to deliver sustained earnings growth, particularly if macro conditions soften or investment cycles in the foodservice sector slow.
Narratiefupdate Dec 12

RAA: U.S. Market Share And Execution Will Shape Future Upside Potential

Analysts have raised their fair value estimate for RATIONAL from EUR 565 to EUR 590, citing the stock's historically low valuation, slightly higher expected revenue growth and potential for further U.S. market share gains. Analyst Commentary Recent research highlights a more constructive stance on RATIONAL, with some now arguing that the current share price does not fully reflect the company’s potential to gain additional market share in the U.S. Commercial kitchen modernization, together with a still underpenetrated customer base, is seen as a key driver of medium term growth.
Analyseartikel Dec 11

A Look At The Intrinsic Value Of RATIONAL Aktiengesellschaft (ETR:RAA)

Key Insights The projected fair value for RATIONAL is €738 based on 2 Stage Free Cash Flow to Equity Current share...
Analyseartikel Nov 09

Analyst Estimates: Here's What Brokers Think Of RATIONAL Aktiengesellschaft (ETR:RAA) After Its Third-Quarter Report

RATIONAL Aktiengesellschaft ( ETR:RAA ) came out with its quarterly results last week, and we wanted to see how the...
Analyseartikel Oct 29

Here's Why RATIONAL (ETR:RAA) Has Caught The Eye Of Investors

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analyseartikel Oct 01

Investors Shouldn't Overlook RATIONAL's (ETR:RAA) Impressive Returns On Capital

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analyseartikel Sep 17

What Is RATIONAL Aktiengesellschaft's (ETR:RAA) Share Price Doing?

RATIONAL Aktiengesellschaft ( ETR:RAA ), is not the largest company out there, but it received a lot of attention from...
Analyseartikel Sep 03

RATIONAL Aktiengesellschaft's (ETR:RAA) Share Price Not Quite Adding Up

RATIONAL Aktiengesellschaft's ( ETR:RAA ) price-to-earnings (or "P/E") ratio of 27.6x might make it look like a sell...
Analyseartikel Jul 17

Calculating The Intrinsic Value Of RATIONAL Aktiengesellschaft (ETR:RAA)

Key Insights RATIONAL's estimated fair value is €674 based on 2 Stage Free Cash Flow to Equity With €709 share price...
Analyseartikel Jul 03

If EPS Growth Is Important To You, RATIONAL (ETR:RAA) Presents An Opportunity

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analyseartikel Jun 19

Why You Should Care About RATIONAL's (ETR:RAA) Strong Returns On Capital

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
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Nieuw narratief Nov 19

Looming Headwinds For Growth Amidst Rational's Global Expansions And AI Optimism

Revised sales expectations and hiring challenges in key markets could constrain revenue and limit growth strategy execution.

Analyse CEO-vergoeding

Hoe is Peter Stadelmann's beloning veranderd ten opzichte van RATIONAL's winst?
DatumTotale vergoedingSalarisBedrijfswinsten
Mar 31 2026n/an/a

€256m

Dec 31 2025€2m€1m

€254m

Sep 30 2025n/an/a

€255m

Jun 30 2025n/an/a

€254m

Mar 31 2025n/an/a

€251m

Dec 31 2024€2m€1m

€251m

Sep 30 2024n/an/a

€234m

Jun 30 2024n/an/a

€225m

Mar 31 2024n/an/a

€218m

Dec 31 2023€2m€1m

€214m

Sep 30 2023n/an/a

€219m

Jun 30 2023n/an/a

€221m

Mar 31 2023n/an/a

€201m

Dec 31 2022€2m€1m

€186m

Compensatie versus markt: De totale vergoeding ($USD 2.63M ) Peter } is ongeveer het gemiddelde voor bedrijven van vergelijkbare omvang in de German markt ($USD 2.61M ).

Compensatie versus inkomsten: De vergoeding van Peter is het afgelopen jaar in lijn geweest met de bedrijfsprestaties.


CEO

Peter Stadelmann (61 yo)

13.5yrs
Tenure
€2,276,000
Compensatie

Dr. Peter Stadelmann, Dipl.-Volkswirt has been the Chairman of Executive Board at Rational AG since January 2014 and has been its the Chief Executive Officer since January 1, 2014. He served as Chief Finan...


Leiderschapsteam

NaamPositieTenureCompensatieEigendom
Peter Stadelmann
Chairman of Executive Board & CEO13.5yrs€2.28mgeen gegevens
Jorg Walter
CFO & Member of Executive Board5.3yrs€1.19mgeen gegevens
Markus Paschmann
Chief Sales & Marketing Officer and Member of Executive Board12.5yrs€1.71mgeen gegevens
Ing Hermann
Chief Technology Officer & Member of Executive Board3.8yrs€1.59mgeen gegevens
Stefan Arnold
Head of Investor Relationsno datageen gegevensgeen gegevens
Simon Lohse
Executive Vice President of Area North America4.8yrsgeen gegevensgeen gegevens
Rune Are
Chief Financial Officer for RATIONAL North Americano datageen gegevensgeen gegevens
5.3yrs
Gemiddelde duur
60yo
Gemiddelde leeftijd

Ervaren management: Het managementteam van RAA is doorgewinterd en ervaren (gemiddelde ambtstermijn van 5.3 jaar).


Bestuursleden

NaamPositieTenureCompensatieEigendom
Erich Baumgartner
Independent Vice Chairman of the Supervisory Board9.4yrs€210.00kgeen gegevens
Walter Kurtz
Chairman of Supervisory Board28.4yrs€275.00kgeen gegevens
Werner Schwind
Independent Member of Supervisory Board11.2yrs€150.00kgeen gegevens
Clarissa Kafer
Independent Supervisory Board Member2.1yrs€175.00kgeen gegevens
Johannes Wurbser
Independent Member of the Supervisory Board7.1yrs€150.00kgeen gegevens
Christoph Lintz
Independent Supervisory Board Member2.1yrs€150.00kgeen gegevens
Moritz Graser
Supervisory Board Member2.1yrs€150.00kgeen gegevens
7.1yrs
Gemiddelde duur

Ervaren bestuur: De raad van bestuur van RAA wordt beschouwd als ervaren (gemiddelde ambtstermijn 7.1 jaar).


Bedrijfsanalyse en status van financiële gegevens

GegevensLaatst bijgewerkt (UTC-tijd)
Bedrijfsanalyse2026/06/15 16:57
Aandelenkoers aan het einde van de dag2026/06/12 00:00
Inkomsten2026/03/31
Jaarlijkse inkomsten2025/12/31

Gegevensbronnen

De gegevens die gebruikt zijn in onze bedrijfsanalyse zijn afkomstig van S&P Global Market Intelligence LLC. De volgende gegevens worden gebruikt in ons analysemodel om dit rapport te genereren. De gegevens zijn genormaliseerd, waardoor er een vertraging kan optreden voordat de bron beschikbaar is.

PakketGegevensTijdframeVoorbeeld Amerikaanse bron *
Financiële gegevens bedrijf10 jaar
  • Resultatenrekening
  • Kasstroomoverzicht
  • Balans
Consensus schattingen analisten+3 jaar
  • Financiële prognoses
  • Koersdoelen analisten
Marktprijzen30 jaar
  • Aandelenprijzen
  • Dividenden, splitsingen en acties
Eigendom10 jaar
  • Top aandeelhouders
  • Handel met voorkennis
Beheer10 jaar
  • Leiderschapsteam
  • Raad van bestuur
Belangrijkste ontwikkelingen10 jaar
  • Bedrijfsaankondigingen

* Voorbeeld voor effecten uit de VS, voor niet-Amerikaanse effecten worden gelijkwaardige formulieren en bronnen gebruikt.

Tenzij anders vermeld zijn alle financiële gegevens gebaseerd op een jaarperiode, maar worden ze elk kwartaal bijgewerkt. Dit staat bekend als Trailing Twelve Month (TTM) of Last Twelve Month (LTM) gegevens. Meer informatie.

Analysemodel en Snowflake

Details van het analysemodel dat is gebruikt om dit rapport te genereren zijn beschikbaar op onze Github-pagina. We hebben ook handleidingen over hoe je onze rapporten kunt gebruiken en tutorials op YouTube.

Leer meer over het team van wereldklasse dat het Simply Wall St-analysemodel heeft ontworpen en gebouwd.

Industrie en sector

Onze industrie- en sectormetrics worden elke 6 uur berekend door Simply Wall St, details van ons proces zijn beschikbaar op Github.

Bronnen van analisten

RATIONAL Aktiengesellschaft wordt gevolgd door 25 analisten. 13 van deze analisten hebben de schattingen van de omzet of winst ingediend die zijn gebruikt als input voor ons rapport. Inzendingen van analisten worden de hele dag door bijgewerkt.

AnalistInstelling
Peter RothenaicherBaader Helvea Equity Research
Christian ObstBaader Helvea Equity Research
Timothy LeeBarclays