InstrumentpanelPortföljerBevakningslistaGemenskapUpptäckSkärm
NOT FOR DISTRIBUTION

Bechtle AG

XTRA:BC8 Aktierapport

Börsvärde: €4.4b

  • Översikt över företaget
  • Värdering
  • Framtida tillväxt
  • Tidigare resultat
  • Finansiell hälsa
  • Utdelning
  • Förvaltning
  • Ägarskap
  • Övrig information
  • Aktiegemenskap

Bechtle Förvaltning

Förvaltning kriterier kontrolleras 3/4

Bechtle VD är Thomas Olemotz, utsedd i Mar 2006, har en anställningstid på 20.5 år. äger direkt 0.015% av företagets aktier, värda € 672.73K. Den genomsnittliga mandatperioden för ledningsgruppen och styrelsen är 6.8 år respektive 8.3 år.

Viktig information

Thomas Olemotz

Verkställande direktör

n/a

Total ersättning

VD-lön i procentn/a
Anställning som VD20.5yrs
Ägande av VD0.02%
Ledningens genomsnittliga anställningstid6.8yrs
Styrelsens genomsnittliga mandatperiod8.3yrs

Senaste uppdateringar av ledningen

Recent updates

User avatar
Uppdatering av berättelse • Sep 03

BC8: Higher Fair Value Assumptions Will Support 2026 IT Revival Hopes

Analysts have lifted their price target on Bechtle to €40.00 from €34.50, reflecting updated assumptions on fair value, discount rate and expected profitability. What’s in the News for Bechtle Bechtle raised its revenue guidance for 2026.
User avatar
Uppdatering av berättelse • Aug 20

BC8: Raised Street Price View And 2026 Outlook Will Support Future Upside Potential

Analysts have increased their fair value estimate for Bechtle from €40.56 to €42.75, citing the recent Street research move that raised the stock's price target to €40 as support for the updated view. What’s in the News for Bechtle Bechtle AG updated its outlook for 2026 and now guides for revenue growth in a range of 5% to 10% for the year.
Analysartikel • Aug 15

Bechtle AG Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Bechtle AG ( ETR:BC8 ) just released its interim report and things are looking bullish. Results were good overall, with...
User avatar
Uppdatering av berättelse • Aug 06

BC8: Updated Revenue Outlook And Assumptions Will Support A Measured Future Profile

Analysts have nudged their fair value estimate for Bechtle higher, with the price target moving from €39.00 to about €40.56, reflecting updated assumptions for discount rate, revenue growth, profit margin and future P/E multiples. What’s in the News for Bechtle Bechtle raised its revenue guidance for 2026 to a range of 5% to 10% growth, compared with the previous range of 0% to 5%.
User avatar
Uppdatering av berättelse • Jul 23

BC8: Higher Forward Multiple Will Support 2026 IT Revival Hopes

Analysts have raised their price target for Bechtle to €34.50, citing revised assumptions on fair value, discount rate, revenue growth, profit margin, and future P/E after recent research that included a €3 increase in the target price. What’s in the News for Bechtle No recent company specific news for Bechtle was provided in the available sources.
User avatar
Uppdatering av berättelse • Jul 08

BC8: 2026 IT Revival Hopes Will Balance Execution And Secure Access Rollout

Analysts have modestly lowered their fair value estimate for Bechtle to approximately €29.65 from €31. Slightly softer assumptions for revenue growth and future P/E are only partly offset by a marginally improved profit margin outlook and a reduced discount rate.
User avatar
Uppdatering av berättelse • Jun 24

BC8: Industrial Remote Access Partnership Will Support Earnings Repricing

Analysts have reduced their fair value estimate for Bechtle from €56 to €45, citing updated assumptions on discount rates, revenue growth, profit margins and future P/E multiples, even though some recent research includes a €3 increase in the price target. What’s in the News for Bechtle TeamViewer Germany GmbH and Bechtle introduced new secure access gateway hardware that supports plug-and-play deployment of secure remote access for industrial systems.
User avatar
Uppdatering av berättelse • Jun 09

BC8: Upgraded Research And Industrial Remote Access Partnership Will Support Undervalued Outlook

Analysts have adjusted Bechtle’s price target to €39.0, reflecting recent changes in their discount rate and valuation assumptions following mixed target revisions and an upgrade in recent research. Analyst Commentary Bullish Takeaways Bullish analysts see the recent price target increase of €3 as support for a higher valuation ceiling, even after prior adjustments.
User avatar
Uppdatering av berättelse • May 25

BC8: Updated P E Framework Will Support Undervalued Outlook On Mixed Street Repricing

Analysts have nudged their price target on Bechtle slightly higher to €39.00, citing updated assumptions for discount rates, revenue growth, profit margins and future P/E that align with recent price target changes and upgrades in Street research. Analyst Commentary Recent Street research on Bechtle has been mixed, with some analysts lifting price targets while others have trimmed theirs.
User avatar
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.
User avatar
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.
User avatar
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...
User avatar
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.
User avatar
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.
User avatar
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...
User avatar
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...
User avatar
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.
User avatar
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...
User avatar
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.
User avatar
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...
User avatar
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...
User avatar
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.

Analys av ersättningar till VD

Hur har Thomas Olemotz:s ersättning förändrats jämfört med Bechtle:s resultat?
DatumTotal ersättningLönFöretagets resultat
Jun 30 2026n/an/a

€246m

Mar 31 2026n/an/a

€235m

Dec 31 2025n/an/a

€229m

Sep 30 2025n/an/a

€215m

Jun 30 2025n/an/a

€214m

Mar 31 2025n/an/a

€226m

Dec 31 2024n/an/a

€245m

Sep 30 2024n/an/a

€250m

Jun 30 2024n/an/a

€261m

Mar 31 2024n/an/a

€267m

Dec 31 2023n/an/a

€266m

Sep 30 2023n/an/a

€261m

Jun 30 2023n/an/a

€257m

Mar 31 2023n/an/a

€255m

Dec 31 2022n/an/a

€251m

Sep 30 2022n/an/a

€248m

Jun 30 2022n/an/a

€247m

Mar 31 2022n/an/a

€241m

Dec 31 2021€4m€2m

€231m

Sep 30 2021n/an/a

€228m

Jun 30 2021n/an/a

€216m

Mar 31 2021n/an/a

€200m

Dec 31 2020€4m€2m

€193m

Sep 30 2020n/an/a

€187m

Jun 30 2020n/an/a

€177m

Mar 31 2020n/an/a

€175m

Dec 31 2019€4m€2m

€170m

Ersättning vs marknad: Otillräckliga data för att fastställa om Thomas s total kompensation är rimlig jämfört med företag av liknande storlek på German marknaden.

Ersättning vs inkomst: Ersättningen från Thomas har varit i linje med företagets resultat under det senaste året.


VD OCH KONCERNCHEF

Thomas Olemotz (64 yo)

20.5yrs
Anställning
€3,743,000
Kompensation

Dr. Thomas Olemotz, Dipl.-Kfm, has been the Chairman of the Executive Board at Bechtle AG since October 2010 and Member of its Executive Board since March 2006 and serves as its Chief Executive Officer. Dr...


Ledningsgrupp

NamnPositionAnställningKompensationÄgarskap
Thomas Olemotz
CEO & Chairman of The Executive Board20.5yrs€3.74m0.015%
€ 672.7k
Michael Guschlbauer
COO & Member of Executive Board17.7yrs€1.80m0.0054%
€ 235.2k
Marcus Jehle
CFO & Member of the Executive Boardless than a yearinga uppgifteringa uppgifter
Konstantin Ebert
Member of the Executive Board & COO2.7yrsinga uppgifter0.0033%
€ 145.8k
Gabi Schepperle
Head of Group Accounting & Treasuryno datainga uppgifteringa uppgifter
Dirk Muller-Niessner
Executive VP of Southern Region - Bechtle Systemhaus Holding AG & CTO3.7yrsinga uppgifteringa uppgifter
Martin Link
Head of Investor Relationsno datainga uppgifteringa uppgifter
Katja Jager
Head of Sales Controllingno datainga uppgifteringa uppgifter
Gozard Polak
Managing Director of Bechtle Brusselsno datainga uppgifteringa uppgifter
Oliver Schmidt
Executive Vice President of Managed Services9.9yrsinga uppgifteringa uppgifter
Thomas Erfort
Head of Staff Development & Academyno datainga uppgifteringa uppgifter
Jana Hedrich
Head of Payroll Accountingno datainga uppgifteringa uppgifter
6.8yrs
Genomsnittlig anställningstid
57yo
Genomsnittlig ålder

Erfaren ledning: BC8 s ledningsgrupp är erfaren och erfaren ( 6.8 års genomsnittlig anställning).


Styrelseledamöter

NamnPositionAnställningKompensationÄgarskap
Kurt Dobitsch
Member of Supervisory Board27.3yrs€76.00kinga uppgifter
Klaus Winkler
Chairman of the Supervisory Board8.3yrs€227.00kinga uppgifter
Daniela Eberle
Employee Representative Member of Supervisory Board22.9yrs€76.00kinga uppgifter
Uli Drautz
Vice Chairman of the Supervisory Board22.9yrs€122.00kinga uppgifter
Thomas Hess
Member of Supervisory Board14.3yrs€75.00kinga uppgifter
Lars Grünert
Member of Supervisory Board8.3yrs€54.00kinga uppgifter
Elmar Konig
Member of Supervisory Board3.3yrsinga uppgifteringa uppgifter
Sandra Stegmann
Member of Supervisory Board10.3yrs€76.00kinga uppgifter
Anton Samija
Employee Representative Member of the Supervisory Board8.3yrs€54.00kinga uppgifter
Klaus Straub
Member of Supervisory Board3.3yrsinga uppgifteringa uppgifter
Julia Bottcher
Employee Representative Member of Supervisory Board3.3yrsinga uppgifteringa uppgifter
Christian Dongi
Employee Representative Member of Supervisory Board3.3yrsinga uppgifteringa uppgifter
8.3yrs
Genomsnittlig anställningstid
69yo
Genomsnittlig ålder

Erfaren styrelse: BC8 s styrelse anses vara erfaren ( 8.3 års genomsnittlig mandatperiod).


Företagsanalys och finansiella data Status

UppgifterSenast uppdaterad (UTC-tid)
Analys av företag2026/09/11 21:20
Aktiekurs vid dagens slut2026/09/11 00:00
Intäkter2026/06/30
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
  • SEC Form 10-K
  • SEC Form 10-Q
Analytikernas konsensusuppskattningar+3 år
  • Prognos för finansiella poster
  • Analytikernas prismål
  • Rapporter från analytiker
  • Blue Matrix
Marknadspriser30 år
  • Aktiekurser
  • Utdelningar, splittar och åtgärder
  • ICE Marknadsdata
  • SEC Form S-1
Ägarskap10 år
  • Största aktieägare
  • Insiderhandel
  • SEC Formulär 4
  • SEC Formulär 13D
Förvaltning10 år
  • Ledningsgrupp
  • Styrelse och verkställande direktörer
  • SEC Form 10-K
  • SEC Form DEF 14A
Viktiga utvecklingstendenser10 år
  • Företagsmeddelanden
  • SEC Formulär 8-K

* 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 används för att skapa den här rapporten finns på vår Github-sida, vi har också guider om hur du använder våra rapporter och handledningar på Youtube.

Lär dig mer om det 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 21 analytiker. 10 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
Volker BosseBaader Helvea Equity Research
Knut WollerBaader Helvea Equity Research
Nicole WinklerBerenberg

Ta bättre investeringsbeslut var som helst

Skanna för att ladda ner
Öppna App StoreÖppna Google Play
Chrome Web Store
Level 5, 320 Pitt Street, Sydney
Financial Data provided by S&P Global Market Intelligence LLC, analysis provided by Simply Wall Street Pty Ltd. Copyright © 2026, S&P Global Market Intelligence LLC. All rights reserved.
Visa datakällor
Marknader
  • US: NYSE & NASDAQ
  • UK: FTSE
  • Australia: ASX
  • India: NIFTY
  • Canada: TSX
  • South Africa: JSE
  • Japan: NIKKEI
  • South Korea: KOSPI
  • Germany: DAX
Investeringsidéer
  • Undervärderade bolag
  • Starka utdelningar
  • Insiderköp
  • Kärnenergi
  • Autonoma fordon
  • Artificiell intelligens
  • Krypto och blockkedja
  • Cybersäkerhet
  • Fler idéer
Lager Gemenskaperna
  • AstraZeneca
  • HSBC Holdings
  • Shell
  • Unilever
  • Diageo
  • Rio Tinto Group
  • RELX
  • BP
  • Barclays
Funktioner och verktyg
  • Portföljspårning
  • Aktieskärm och varningar
  • Berättelser & rättvisa värden
  • Kalkylator för utdelning
Nyheter & Upptäckter
  • Senaste lagernyheter
  • Global Market Insights
  • Foxhole-forumet
  • Investeringsidéer
  • Gemenskapens berättelser
  • Vad är nytt
Simply Wall St
  • Planer och priser
  • Annonsering
  • Om oss
  • Kontakta oss
  • Karriär
  • Hjälpcenter
  • Lär dig investera i aktier
  • Affiliate-program
  • Affärer & företag
  • Charlie AI
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.
© 2026 Simply Wall Street Pty Ltd, US Design Patent #29/544/281, Community and European Design Registration #2845206
  • Villkor och anvisningar
  • Integritetspolicy
  • AI-villkor
  • Guide för finansiella tjänster