Traton
Market Cap
€12.5b
Last Updated
2021/01/21 20:36 UTC
Data Sources
Company Financials +
Executive Summary
Traton SE manufactures commercial vehicles worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Good value with reasonable growth potential.
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 +/- 5% a week.
Volatility Over Time: 8TRA's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
0.9%
8TRA
-0.03%
DE Machinery
0.4%
DE Market
1 Year Return
10.1%
8TRA
15.7%
DE Machinery
4.9%
DE Market
Return vs Industry: 8TRA underperformed the German Machinery industry which returned 14.3% over the past year.
Return vs Market: 8TRA exceeded the German Market which returned 3.6% over the past year.
Shareholder returns
| 8TRA | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.9% | -0.03% | 0.4% |
| 30 Day | 11.1% | 6.5% | 4.8% |
| 90 Day | 39.1% | 16.2% | 12.2% |
| 1 Year | 16.8%10.1% | 18.4%15.7% | 8.2%4.9% |
| 3 Year | n/a | -25.8%-30.5% | 6.5%-2.8% |
| 5 Year | n/a | 9.1%-2.7% | 45.0%24.7% |
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
1 day ago | Simply Wall St
Is Traton SE (ETR:8TRA) A Risky Dividend Stock?2 weeks ago | Simply Wall St
Are Traton's (ETR:8TRA) Statutory Earnings A Good Reflection Of Its Earnings Potential?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 (€24.93) is trading below our estimate of fair value (€184.11)
Significantly Below Fair Value: 8TRA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 8TRA is poor value based on its PE Ratio (72.1x) compared to the DE Machinery industry average (37.5x).
PE vs Market: 8TRA is poor value based on its PE Ratio (72.1x) compared to the German market (24.4x).
Price to Earnings Growth Ratio
PEG Ratio: 8TRA is good value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: 8TRA is good value based on its PB Ratio (1x) compared to the DE Machinery industry average (1.6x).
Next Steps
Future Growth
How is Traton forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
74.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 8TRA's forecast earnings growth (74.6% per year) is above the savings rate (0.07%).
Earnings vs Market: 8TRA's earnings (74.6% per year) are forecast to grow faster than the German market (25% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 8TRA's revenue (8.7% per year) is forecast to grow faster than the German market (6% per year).
High Growth Revenue: 8TRA's revenue (8.7% 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 (9.2%).
Next Steps
Past Performance
How has Traton performed over the past 5 years?
8.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 8TRA has a large one-off loss of €121.0M impacting its September 30 2020 financial results.
Growing Profit Margin: 8TRA's current net profit margins (0.8%) are lower than last year (5.2%).
Past Earnings Growth Analysis
Earnings Trend: 8TRA's earnings have grown by 8.8% per year over the past 5 years.
Accelerating Growth: 8TRA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 8TRA had negative earnings growth (-87.8%) over the past year, making it difficult to compare to the Machinery industry average (-48%).
Return on Equity
High ROE: 8TRA's Return on Equity (1.3%) is considered low.
Next Steps
Financial Health
How is Traton's financial position?
Financial Position Analysis
Short Term Liabilities: 8TRA's short term assets (€13.9B) do not cover its short term liabilities (€15.0B).
Long Term Liabilities: 8TRA's short term assets (€13.9B) exceed its long term liabilities (€13.3B).
Debt to Equity History and Analysis
Debt Level: 8TRA's debt to equity ratio (84.7%) 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 (15.9%).
Interest Coverage: 8TRA's interest payments on its debt are well covered by EBIT (3.2x coverage).
Balance Sheet
Next Steps
Dividend
What is Traton current dividend yield, its reliability and sustainability?
4.01%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 8TRA's dividend (4.01%) is higher than the bottom 25% of dividend payers in the German market (0.97%).
High Dividend: 8TRA's dividend (4.01%) is in the top 25% of dividend payers in the German market (3.5%)
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: With its high payout ratio (289%), 8TRA's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 8TRA's dividends in 3 years are forecast to be well covered by earnings (34.7% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
0.5yrs
Average management tenure
CEO
Matthias Grundler (55 yo)
0.50
Tenure
Mr. Matthias Grundler has been Supervisory Board Member at Volkswagen Financial Svcs AG since 2020. He has been Chairman of Management Board of Traton SE at Volkswagen AG since July 15, 2020. Mr. Grundler ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CFO & Member of the Executive Board | 2.58yrs | €2.26m | 0.00081% € 101.0k | |
| Member of the Executive Board | no data | €1.59m | no data | |
| Member of the Executive Board | no data | €2.68m | 0.00021% € 26.2k | |
| COO & Member of the Executive Board | no data | €2.12m | no data | |
| Chairman of Management Board | 0.50yr | no data | no data | |
| Member of Management Board | 0.50yr | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| General Counsel | no data | no data | no data | |
| Head of Group Communications & Governmental Relations | no data | no data | no data | |
| Head of Group Finance | no data | no data | no data |
0.5yrs
Average Tenure
55yo
Average Age
Experienced Management: 8TRA's management team is not considered experienced ( 0.5 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Supervisory Board | 2yrs | €310.00k | no data | |
| Member of the Supervisory Board | 2yrs | no data | no data | |
| Member of the Supervisory Board | 2yrs | €78.00k | no data | |
| Member of the Supervisory Board | 2yrs | no data | no data | |
| Member of the Supervisory Board | 2yrs | €123.00k | no data | |
| Member of the Supervisory Board | 2yrs | no data | no data | |
| Member of the Supervisory Board | 2yrs | €120.00k | no data | |
| Member of the Supervisory Board | 2yrs | €244.00k | no data | |
| Employee Representative Deputy Chairman of the Supervisory Board | 2yrs | €375.00k | no data | |
| Member of the Supervisory Board | 2yrs | no data | no data | |
| Member of the Supervisory Board | 2yrs | €80.00k | no data | |
| Employee Representative Member of the Supervisory Board | 2yrs | €143.00k | no data |
2.0yrs
Average Tenure
57.5yo
Average Age
Experienced Board: 8TRA's board of directors are not considered experienced ( 2 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: NaN
- Industry: Construction Machinery and Heavy Trucks
- Sector: Capital Goods
- Market Cap: €12.465b
- Shares outstanding: 500.00m
- Website: https://www.traton.com
Number of Employees
Location
- Traton SE
- Dachauer Str 641
- Munich
- Bavaria
- 80995
- Germany
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 8TRA | DB (Deutsche Boerse AG) | Yes | Ordinary Bearer Shares | DE | EUR | Jun 2019 |
| 8TRA | OM (OMX Nordic Exchange Stockholm) | Yes | Ordinary Bearer Shares | SE | SEK | Jun 2019 |
| 8TRA | WBAG (Wiener Boerse AG) | Yes | Ordinary Bearer Shares | AT | EUR | Jun 2019 |
| 8TRA | XTRA (XETRA Trading Platform) | Yes | Ordinary Bearer Shares | DE | EUR | Jun 2019 |
| 8TRAS | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Bearer Shares | GB | SEK | Jun 2019 |
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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/21 20:36 |
| End of Day Share Price | 2021/01/21 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.