How does 8TR's PE Ratio compare to its peers?

8TR is good value based on its Price-To-Earnings Ratio (5.4x) compared to the peer average (12.2x).

How does 8TR's PE Ratio compare vs other companies in the DE Machinery Industry?

8TR is good value based on its Price-To-Earnings Ratio (5.4x) compared to the German Machinery industry average (15.3x).

What is 8TR's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

8TR is good value based on its Price-To-Earnings Ratio (5.4x) compared to the estimated Fair Price-To-Earnings Ratio (20.9x).

What is the Fair Price of 8TR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

8TR (€27) is trading below our estimate of [[fair value]] (€79.12)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

8TR Stock Overview

Manufactures and sells commercial vehicles worldwide. More details

8TR fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	1/6
Past Performance	4/6
Financial Health	2/6
Dividends	3/6

Rewards

Trading at 65.9% below our estimate of its fair value

Earnings are forecast to grow 8.86% per year

Earnings grew by 6.1% over the past year

Trading at good value compared to peers and industry

Risk Analysis

Debt is not well covered by operating cash flow

Dividend of 5.41% is not well covered by free cash flows

My Notes

Capture your thoughts, links and company narrative

Traton SE Competitors

Knorr-Bremse

XTRA:KBX

€11.2b

Daimler Truck Holding

XTRA:DTG

€28.8b

KION GROUP

XTRA:KGX

€4.1b

Jungheinrich

XTRA:JUN3

€2.5b

Price History & Performance

Summary of share price highs, lows and changes for Traton
Historical stock prices
Current Share Price	€27.00
52 Week High	€36.00
52 Week Low	€19.50
Beta	1.67
1 Month Change	-4.26%
3 Month Change	-6.25%
1 Year Change	31.07%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	50.33%

Recent updates

Shareholder Returns

	8TR	DE Machinery	DE Market
7D	-10.0%	-1.2%	-2.0%
1Y	31.1%	7.3%	6.8%

Return vs Industry: 8TR exceeded the German Machinery industry which returned 7.4% over the past year.

Return vs Market: 8TR exceeded the German Market which returned 6.9% over the past year.

Price Volatility

Is 8TR's price volatile compared to industry and market?
8TR volatility
8TR Average Weekly Movement	6.5%
Machinery Industry Average Movement	4.1%
Market Average Movement	4.9%
10% most volatile stocks in DE Market	11.4%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: 8TR has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: 8TR's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2015	105,933	Christian Levin	www.traton.com

Traton SE manufactures and sells commercial vehicles worldwide. It operates in Industrial Business and Financial Services segments. The company offers light- to heavy-duty trucks for distributors, long-distance vans, and construction vehicles, as well as city buses, and intercity and travel coaches; bus chassis, commercial trucks, and diesel engines; and school and commercial buses under the IC Bus brand.

Traton SE Fundamentals Summary

How do Traton's earnings and revenue compare to its market cap?
8TR fundamental statistics
Market cap	€13.88b
Earnings (TTM)	€2.57b
Revenue (TTM)	€47.95b

5.4x

P/E Ratio

0.3x

P/S Ratio

Is 8TR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
8TR income statement (TTM)
Revenue	€47.95b
Cost of Revenue	€36.79b
Gross Profit	€9.88b
Other Expenses	€7.31b
Earnings	€2.57b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Mar 10, 2025

Earnings per share (EPS)	5.14
Gross Margin	20.60%
Net Profit Margin	5.36%
Debt/Equity Ratio	145.7%

How did 8TR perform over the long term?

See historical performance and comparison

Dividends

5.4%

Current Dividend Yield

29%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/23 20:22
End of Day Share Price	2024/12/23 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Traton SE is covered by 27 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Erwann Dagorne	Barclays
Kai Mueller	Barclays
Miguel Nabeiro Ensinas Serra Borrega	BNP Paribas Exane