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Market Cap

€12.3b

Last Updated

2021/04/19 19:20 UTC

Data Sources

Company Financials +

Executive Summary

Traton SE manufactures commercial vehicles worldwide. More Details


Snowflake Analysis

Reasonable growth potential and fair value.


Similar Companies

Share Price & News

How has Traton's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 8TRA is not significantly more volatile than the rest of German stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 8TRA's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

6.6%

8TRA

0.9%

DE Machinery

1.4%

DE Market


1 Year Return

73.4%

8TRA

49.9%

DE Machinery

43.3%

DE Market

Return vs Industry: 8TRA exceeded the German Machinery industry which returned 49.9% over the past year.

Return vs Market: 8TRA exceeded the German Market which returned 43.3% over the past year.


Shareholder returns

8TRAIndustryMarket
7 Day6.6%0.9%1.4%
30 Day2.9%4.3%5.3%
90 Day-0.2%3.6%11.0%
1 Year84.0%73.4%52.9%49.9%47.6%43.3%
3 Yearn/a-9.5%-15.0%28.3%17.8%
5 Yearn/a12.2%0.6%55.3%33.8%

Long-Term Price Volatility Vs. Market

How volatile is Traton's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Traton undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 8TRA (€24.6) is trading below our estimate of fair value (€51.66)

Significantly Below Fair Value: 8TRA is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 8TRA is unprofitable, so we can't compare its PE Ratio to the DE Machinery industry average.

PE vs Market: 8TRA is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 8TRA's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 8TRA is good value based on its PB Ratio (1x) compared to the DE Machinery industry average (2.1x).


Future Growth

How is Traton forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?

63.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 8TRA is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.07%).

Earnings vs Market: 8TRA is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: 8TRA's is expected to become profitable in the next 3 years.

Revenue vs Market: 8TRA's revenue (8.1% per year) is forecast to grow faster than the German market (5.5% per year).

High Growth Revenue: 8TRA's revenue (8.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 8TRA's Return on Equity is forecast to be low in 3 years time (9.8%).


Past Performance

How has Traton performed over the past 5 years?

-4.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 8TRA is currently unprofitable.

Growing Profit Margin: 8TRA is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 8TRA is unprofitable, and losses have increased over the past 5 years at a rate of 4.1% per year.

Accelerating Growth: Unable to compare 8TRA's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 8TRA is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (-40.2%).


Return on Equity

High ROE: 8TRA has a negative Return on Equity (-0.93%), as it is currently unprofitable.


Financial Health

How is Traton's financial position?


Financial Position Analysis

Short Term Liabilities: 8TRA's short term assets (€14.4B) do not cover its short term liabilities (€15.5B).

Long Term Liabilities: 8TRA's short term assets (€14.4B) exceed its long term liabilities (€14.1B).


Debt to Equity History and Analysis

Debt Level: 8TRA's debt to equity ratio (85.8%) is considered high.

Reducing Debt: Insufficient data to determine if 8TRA's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 8TRA's debt is not well covered by operating cash flow (17.6%).

Interest Coverage: 8TRA is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Dividend

What is Traton current dividend yield, its reliability and sustainability?

1.02%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 8TRA's dividend (1.02%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.05%).

High Dividend: 8TRA's dividend (1.02%) is low compared to the top 25% of dividend payers in the German market (3.1%).


Stability and Growth of Payments

Stable Dividend: Too early to tell whether 8TRA's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if 8TRA's dividend payments are increasing as they only just started paying a dividend.


Current Payout to Shareholders

Dividend Coverage: 8TRA is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: 8TRA's dividends in 3 years are forecast to be well covered by earnings (34% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.8yrs

Average management tenure


CEO

Matthias Grundler (55 yo)

0.75

Tenure

€2,886,022

Compensation

Mr. Matthias Grundler has been a Supervisory Board Member at Volkswagen Financial Svcs AG since December 01, 2020. He has been Chairman of Management Board and Chief Executive Officer of Traton SE since Ju...


CEO Compensation Analysis

Compensation vs Market: Matthias's total compensation ($USD3.47M) is below average for companies of similar size in the German market ($USD5.24M).

Compensation vs Earnings: Insufficient data to compare Matthias's compensation with company performance.


Leadership Team

Experienced Management: 8TRA's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: 8TRA's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Traton SE's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Traton SE
  • Ticker: 8TRA
  • Exchange: XTRA
  • Founded: 2015
  • Industry: Construction Machinery and Heavy Trucks
  • Sector: Capital Goods
  • Market Cap: €12.300b
  • Shares outstanding: 500.00m
  • Website: https://www.traton.com

Number of Employees


Location

  • Traton SE
  • Dachauer Str 641
  • Munich
  • Bavaria
  • 80995
  • Germany

Listings


Biography

Traton SE manufactures commercial vehicles worldwide. It operates through Industrial Business and Financial Services segments. The company offers light and heavy-duty commercial vehicles, such as trucks an...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/19 19:20
End of Day Share Price2021/04/19 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.