Bechtle AG

XTRA:BC8 Aktierapport

Börsvärde: €3.9b

Bechtle Balansräkning Hälsa

Finansiell hälsa kriterier kontrolleras 6/6

Bechtle har ett totalt eget kapital på €2.1B och en total skuld på €454.9M vilket ger sin skuldsättningsgrad till 21.6%. Dess totala tillgångar och totala skulder är €4.6B respektive €2.5B. Bechtle s EBIT är €343.3M vilket gör dess räntetäckningsgrad 29.8. Den har kontanter och kortsiktiga investeringar på €372.6M.

Viktig information

21.65%

Skuldsättning i förhållande till eget kapital

€454.91m

Skuld

Räntetäckningsgrad29.8x
Kontanter€372.63m
Eget kapital€2.10b
Summa skulder€2.51b
Totala tillgångar€4.61b

Nya uppdateringar om finansiell hälsa

Recent updates

Uppdatering av berättelse May 04

BC8: Refined P E Framework Will Support Undervalued Outlook After Guidance

Bechtle's analyst price target has shifted to €39.18 from €44.88, reflecting updated views on slightly softer growth and margin assumptions, as well as refreshed P/E expectations discussed in recent research updates by analysts. Analyst Commentary Recent research updates show both optimism and caution around Bechtle, with multiple revisions to price targets over time and at least one upgrade in rating.
Uppdatering av berättelse Apr 19

BC8: 2026 IT Revival Hopes Will Face Cautious Execution And Budget Timing

Analysts have reduced their fair value estimate for Bechtle from €34.50 to €31.00, reflecting recent cuts and an upgrade in price targets that highlight more cautious assumptions regarding growth, profitability, and required returns. Analyst Commentary Recent research shows a more cautious tone around Bechtle, with multiple price target cuts clustering over a short period.
Uppdatering av berättelse Apr 05

BC8: Mixed Research Updates And Investor Day Will Support Earnings Repricing

Analysts have trimmed their average price target on Bechtle by €6. This reflects recent downward revisions from some firms alongside a fresh upgrade from others that highlight mixed views on the stock.
Analysartikel Mar 25

Bechtle AG (ETR:BC8) Just Reported Yearly Earnings: Have Analysts Changed Their Mind On The Stock?

It's been a mediocre week for Bechtle AG ( ETR:BC8 ) shareholders, with the stock dropping 13% to €26.44 in the week...
Uppdatering av berättelse Mar 22

BC8: Higher Future P/E And Investor Day Update Will Support Earnings Power

Analysts have trimmed their price target on Bechtle by €1, citing slightly higher discount rate assumptions, modest adjustments to expected revenue growth and profit margins, and a marginally higher future P/E multiple in their refreshed models. Analyst Commentary Even with the €1 price target trim, bullish analysts still frame Bechtle as a name where their long term thesis remains intact.
Uppdatering av berättelse Mar 07

BC8: Refined Discount Rate Framework Will Support Undervalued Outlook After Guidance Confirmation

Analysts have trimmed their price target on Bechtle by €1, reflecting updated assumptions for fair value, discount rate, revenue growth, profit margin and future P/E that align with recent Street research. Analyst Commentary Bullish Takeaways Bullish analysts view the modest €1 reduction in the price target as a fine tuning of their models rather than a shift in their broader view on Bechtle, with fair value assumptions still supported by current Street research.
Uppdatering av berättelse Feb 21

BC8: Higher Future P/E Expectations Will Support Stronger 2026 Earnings Power

Analysts have raised their fair value estimate for Bechtle from €52.00 to €56.00, reflecting updated assumptions on discount rate, revenue growth, profit margin and future P/E expectations, even as some recent research, including a €1 trim to the price target at Deutsche Bank, points to a more cautious stance on near term performance drivers. Analyst Commentary Bullish analysts point to the higher fair value estimate of €56.00 as a signal that their core assumptions on discount rate, revenue growth, profit margins and future P/E have shifted in a more constructive direction, even if some individual price targets, such as the recent €1 trim, look slightly more cautious on the surface.
Analysartikel Feb 13

Bechtle AG's (ETR:BC8) 26% Share Price Plunge Could Signal Some Risk

Bechtle AG ( ETR:BC8 ) shares have had a horrible month, losing 26% after a relatively good period beforehand. To make...
Uppdatering av berättelse Feb 07

BC8: 2026 IT Spending Revival Will Support Undervalued Outlook After Guidance Confirmation

Analysts now place Bechtle's fair value closer to €46.19 per share, up from €44.08. This reflects slightly adjusted assumptions around discount rate, revenue growth, profit margin and future P/E expectations.
Analysartikel Feb 02

Is It Too Late To Consider Buying Bechtle AG (ETR:BC8)?

Bechtle AG ( ETR:BC8 ), might not be a large cap stock, but it led the XTRA gainers with a relatively large price hike...
Uppdatering av berättelse Jan 24

BC8: 2026 IT Spending Revival Will Support Stronger Earnings Power

Analysts have lifted their fair value estimate for Bechtle from €51.00 to €52.00, citing expectations for a 2026 IT spending revival that they view as supportive of slightly stronger revenue growth, profit margins and a lower future P/E. Analyst Commentary Bullish Takeaways Bullish analysts highlight the upgrade case as tied to expectations for an IT spending revival in 2026, which they see as supportive for Bechtle's revenue trajectory and operational execution.
Uppdatering av berättelse Jan 09

BC8: 2026 IT Revival Hopes Will Likely Overestimate Budget Recovery Timing

Analysts have nudged their price target on Bechtle to €43, reflecting slightly adjusted assumptions on discount rate, growth and profitability, and a view that the company could benefit if IT spending picks up into 2026. Analyst Commentary The latest move to a €43 price target reflects a view that Bechtle could see a pick up in demand if IT budgets improve into 2026.
Analysartikel Dec 31

Bechtle (ETR:BC8) Might Be Having Difficulty Using Its Capital Effectively

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...
Uppdatering av berättelse Dec 22

BC8: 2026 IT Spending Revival Expectations Will Likely Prove Overly Optimistic

Analysts have raised their price target on Bechtle to approximately EUR 34.50 from about EUR 33.90, citing improving expectations for a 2026 IT spending revival and stronger organic growth prospects in the German IT reseller market. Analyst Commentary While recent research notes highlight an improving outlook for Bechtle into 2026, not all commentary is uniformly positive.
Uppdatering av berättelse Dec 08

BC8: 2026 IT Spending Revival Will Likely Shape Fairly Priced Outlook

Analysts have raised their price target on Bechtle by approximately EUR 1, reflecting expectations for improving organic growth in German IT resellers and a potential revival in IT spending from 2026. This supports slightly higher fair value and profit margin assumptions despite modestly lower revenue growth forecasts.
Analysartikel Dec 02

Bechtle AG's (ETR:BC8) Shares May Have Run Too Fast Too Soon

When close to half the companies in Germany have price-to-earnings ratios (or "P/E's") below 17x, you may consider...
Analysartikel Nov 11

Does This Valuation Of Bechtle AG (ETR:BC8) Imply Investors Are Overpaying?

Key Insights Using the 2 Stage Free Cash Flow to Equity, Bechtle fair value estimate is €26.33 Bechtle is estimated to...
Analysartikel Oct 29

At €36.72, Is It Time To Put Bechtle AG (ETR:BC8) On Your Watch List?

Bechtle AG ( ETR:BC8 ), might not be a large cap stock, but it saw significant share price movement during recent...
Uppdatering av berättelse Sep 25

Investments In Cloud And AI Technologies May Improve Operational Efficiency Amid Market Uncertainties

Bechtle’s higher price target reflects modest improvements in both revenue growth and net profit margin forecasts, resulting in the consensus analyst price target increasing from €42.17 to €43.17. Valuation Changes Summary of Valuation Changes for Bechtle The Consensus Analyst Price Target has risen slightly from €42.17 to €43.17.
Analysartikel Sep 20

These 4 Measures Indicate That Bechtle (ETR:BC8) Is Using Debt Reasonably Well

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysartikel Sep 05

Some Investors May Be Worried About Bechtle's (ETR:BC8) Returns On Capital

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysartikel Aug 20

There's Reason For Concern Over Bechtle AG's (ETR:BC8) Price

XTRA:BC8 1 Year Share Price vs Fair Value Explore Bechtle's Fair Values from the Community and select yours With a...
Analysartikel Jun 19

We Think Bechtle (ETR:BC8) Can Stay On Top Of Its Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysartikel May 23

Should You Think About Buying Bechtle AG (ETR:BC8) Now?

Bechtle AG ( ETR:BC8 ), might not be a large cap stock, but it saw a decent share price growth of 19% on the XTRA over...
Analysartikel Mar 07

Bechtle AG's (ETR:BC8) 29% Share Price Surge Not Quite Adding Up

The Bechtle AG ( ETR:BC8 ) share price has done very well over the last month, posting an excellent gain of 29%. Not...
Analysartikel Feb 20

Here's What To Make Of Bechtle's (ETR:BC8) Decelerating Rates Of Return

There are a few key trends to look for if we want to identify the next multi-bagger. Ideally, a business will show two...
Analysartikel Jan 22

Estimating The Intrinsic Value Of Bechtle AG (ETR:BC8)

Key Insights The projected fair value for Bechtle is €34.05 based on 2 Stage Free Cash Flow to Equity With €30.96 share...
Analysartikel Jan 09

Is There Now An Opportunity In Bechtle AG (ETR:BC8)?

Bechtle AG ( ETR:BC8 ), is not the largest company out there, but it received a lot of attention from a substantial...
Analysartikel Dec 26

Is Bechtle (ETR:BC8) A Risky Investment?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
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Ny berättelse Dec 16

AI Integration And NIS2-Driven Cybersecurity Demand Will Accelerate Revenue Growth

Digital transformation and increased AI use could drive significant revenue growth through new technology adoption and market demands.
Analysartikel Dec 13

Investor Optimism Abounds Bechtle AG (ETR:BC8) But Growth Is Lacking

With a median price-to-earnings (or "P/E") ratio of close to 16x in Germany, you could be forgiven for feeling...
Analysartikel Nov 15

Bechtle's (ETR:BC8) Soft Earnings Don't Show The Whole Picture

Shareholders appeared unconcerned with Bechtle AG's ( ETR:BC8 ) lackluster earnings report last week. We did some...
Analysartikel Nov 13

Bechtle AG Just Missed EPS By 8.0%: Here's What Analysts Think Will Happen Next

It's been a good week for Bechtle AG ( ETR:BC8 ) shareholders, because the company has just released its latest...
Analysartikel Nov 03

Slowing Rates Of Return At Bechtle (ETR:BC8) Leave Little Room For Excitement

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysartikel Oct 07

An Intrinsic Calculation For Bechtle AG (ETR:BC8) Suggests It's 35% Undervalued

Key Insights Bechtle's estimated fair value is €60.40 based on 2 Stage Free Cash Flow to Equity Bechtle is estimated to...
Analysartikel Sep 24

Is There Now An Opportunity In Bechtle AG (ETR:BC8)?

While Bechtle AG ( ETR:BC8 ) might not have the largest market cap around , it received a lot of attention from a...
Analysartikel Aug 26

We Think Bechtle (ETR:BC8) Can Stay On Top Of Its Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysartikel Aug 09

Bechtle AG's (ETR:BC8) Price Is Out Of Tune With Earnings

It's not a stretch to say that Bechtle AG's ( ETR:BC8 ) price-to-earnings (or "P/E") ratio of 18.7x right now seems...
Analysartikel Jul 25

Investors Met With Slowing Returns on Capital At Bechtle (ETR:BC8)

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysartikel Jun 28

Is Now The Time To Put Bechtle (ETR:BC8) On Your Watchlist?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysartikel Jun 16

Estimating The Intrinsic Value Of Bechtle AG (ETR:BC8)

Key Insights Bechtle's estimated fair value is €54.29 based on 2 Stage Free Cash Flow to Equity Current share price of...
Analysartikel May 23

Is It Time To Consider Buying Bechtle AG (ETR:BC8)?

Bechtle AG ( ETR:BC8 ), might not be a large cap stock, but it received a lot of attention from a substantial price...
Analysartikel May 11

Revenue Miss: Bechtle AG Fell 5.1% Short Of Analyst Revenue Estimates And Analysts Have Been Revising Their Models

Bechtle AG ( ETR:BC8 ) missed earnings with its latest quarterly results, disappointing overly-optimistic forecasters...
Analysartikel Apr 27

Bechtle AG's (ETR:BC8) Price Is Out Of Tune With Earnings

Bechtle AG's ( ETR:BC8 ) price-to-earnings (or "P/E") ratio of 22x might make it look like a sell right now compared to...
Analysartikel Apr 14

Here's What To Make Of Bechtle's (ETR:BC8) Decelerating Rates Of Return

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...
Analysartikel Mar 20

Bechtle AG (ETR:BC8) Just Released Its Yearly Earnings: Here's What Analysts Think

Bechtle AG ( ETR:BC8 ) last week reported its latest annual results, which makes it a good time for investors to dive...
Analysartikel Jan 29

What Does Bechtle AG's (ETR:BC8) Share Price Indicate?

While Bechtle AG ( ETR:BC8 ) might not have the largest market cap around , it led the XTRA gainers with a relatively...
Analysartikel Jan 13

Calculating The Fair Value Of Bechtle AG (ETR:BC8)

Key Insights Bechtle's estimated fair value is €54.68 based on 2 Stage Free Cash Flow to Equity Current share price of...

Analys av finansiell ställning

Kortfristiga skulder: BC8 s kortfristiga tillgångar ( €2.7B ) överstiger dess kortfristiga skulder ( €1.7B ).

Långfristiga skulder: BC8 s kortfristiga tillgångar ( €2.7B ) överstiger dess långfristiga skulder ( €798.4M ).


Skuld till eget kapital Historik och analys

Skuldnivå: BC8 s nettoskuld i förhållande till eget kapital ( 3.9% ) anses tillfredsställande.

Minska skulden: BC8 s skuldsättningsgrad har minskat från 34.3% till 21.6% under de senaste 5 åren.

Skuldtäckning: BC8 s skuld är väl täckt av operativt kassaflöde ( 70.7% ).

Räntetäckning: BC8 s räntebetalningar på sin skuld är väl täckta av EBIT ( 29.8 x täckning).


Balansräkning


Upptäck friska företag

Företagsanalys och finansiella data Status

UppgifterSenast uppdaterad (UTC-tid)
Analys av företag2026/05/20 01:45
Aktiekurs vid dagens slut2026/05/20 00:00
Intäkter2026/03/31
Årlig intjäning2025/12/31

Datakällor

Den data som används i vår företagsanalys kommer från S&P Global Market Intelligence LLC. Följande data används i vår analysmodell för att generera denna rapport. Data är normaliserade vilket kan medföra en fördröjning från det att källan är tillgänglig.

PaketUppgifterTidsramExempel US-källa
Företagets finansiella ställning10 år
  • Resultaträkning
  • Kassaflödesanalys
  • Balansräkning
Analytikernas konsensusuppskattningar+3 år
  • Prognos för finansiella poster
  • Analytikernas prismål
Marknadspriser30 år
  • Aktiekurser
  • Utdelningar, splittar och åtgärder
Ägarskap10 år
  • Största aktieägare
  • Insiderhandel
Förvaltning10 år
  • Ledningsgrupp
  • Styrelse och verkställande direktörer
Viktiga utvecklingstendenser10 år
  • Företagsmeddelanden

* Exempel för amerikanska värdepapper, för icke-amerikanska värdepapper används motsvarande regelverk och källor.

Om inget annat anges är all finansiell data baserad på en årsperiod men uppdateras kvartalsvis. Detta kallas data för efterföljande tolv månader (TTM) eller senaste tolv månader (LTM). Lär dig mer om detta.

Analysmodell och snöflinga

Detaljer om analysmodellen som användes för att skapa den här rapporten finns på vår Github-sida, vi har också guider om hur du använder våra rapporter och tutorials på Youtube.

Lär dig mer om det team i världsklass som utformade och byggde analysmodellen Simply Wall St.

Industri- och sektormått

Våra bransch- och sektionsmått beräknas var sjätte timme av Simply Wall St, detaljer om vår process finns tillgängliga på Github.

Källor för analytiker

Bechtle AG bevakas av 23 analytiker. 11 av dessa analytiker lämnade de uppskattningar av intäkter eller resultat som användes som indata till vår rapport. Analytikernas inskickade estimat uppdateras löpande under dagen.

AnalytikerInstitution
Knut WollerBaader Helvea Equity Research
Volker BosseBaader Helvea Equity Research
Gustav FrobergBerenberg