Financials Traton SE Wiener Boerse

Equities

8TRA

DE000TRAT0N7

Heavy Machinery & Vehicles

Real-time Estimate Tradegate 06:14:34 2024-05-06 EDT 5-day change 1st Jan Change
32.78 EUR +0.54% Intraday chart for Traton SE -0.91% +52.48%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 11,958 11,302 11,070 7,065 10,660 16,250 - -
Enterprise Value (EV) 1 19,026 19,328 27,047 26,245 30,581 34,810 34,344 34,041
P/E ratio 7.87 x -113 x 24.3 x 6.2 x 4.35 x 6.36 x 5.84 x 5.28 x
Yield 4.18% 1.11% 2.26% 4.95% 7.04% 5.1% 5.7% 6.37%
Capitalization / Revenue 0.44 x 0.5 x 0.36 x 0.18 x 0.23 x 0.35 x 0.34 x 0.31 x
EV / Revenue 0.71 x 0.86 x 0.88 x 0.65 x 0.65 x 0.74 x 0.71 x 0.65 x
EV / EBITDA 6.5 x 14.5 x 6.71 x 5.62 x 4.37 x 5.74 x 5.38 x 4.79 x
EV / FCF 209 x 19.5 x 67.1 x -9.68 x 28.8 x 13.1 x 14.8 x 15.3 x
FCF Yield 0.48% 5.13% 1.49% -10.3% 3.47% 7.61% 6.75% 6.55%
Price to Book 0.86 x 0.87 x 0.82 x 0.49 x 0.65 x 0.89 x 0.8 x 0.72 x
Nbr of stocks (in thousands) 500,000 500,000 500,000 500,000 500,000 500,000 - -
Reference price 2 23.92 22.60 22.14 14.13 21.32 32.50 32.50 32.50
Announcement Date 20-03-23 21-03-10 22-03-15 23-03-07 24-03-05 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 26,901 22,580 30,620 40,335 46,872 46,971 48,246 52,312
EBITDA 1 2,926 1,337 4,029 4,674 7,001 6,063 6,386 7,112
EBIT 1 1,871 81 1,599 2,071 4,561 3,978 4,164 4,709
Operating Margin 6.96% 0.36% 5.22% 5.13% 9.73% 8.47% 8.63% 9%
Earnings before Tax (EBT) 1 1,965 -34 648 1,560 3,253 3,378 3,649 4,122
Net income 1 1,518 -101 457 1,141 2,451 2,598 2,709 2,898
Net margin 5.64% -0.45% 1.49% 2.83% 5.23% 5.53% 5.62% 5.54%
EPS 2 3.040 -0.2000 0.9100 2.280 4.900 5.114 5.565 6.158
Free Cash Flow 1 91 992 403 -2,711 1,061 2,650 2,317 2,229
FCF margin 0.34% 4.39% 1.32% -6.72% 2.26% 5.64% 4.8% 4.26%
FCF Conversion (EBITDA) 3.11% 74.2% 10% - 15.15% 43.72% 36.28% 31.34%
FCF Conversion (Net income) 5.99% - 88.18% - 43.29% 102.01% 85.51% 76.92%
Dividend per Share 2 1.000 0.2500 0.5000 0.7000 1.500 1.659 1.853 2.071
Announcement Date 20-03-23 21-03-10 22-03-15 23-03-07 24-03-05 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 S1 2021 Q4 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 13,621 8,950 8,525 9,457 17,982 10,563 11,790 11,186 11,669 11,322 12,696 11,798 11,464 9,983 10,041 - -
EBITDA - - - 854 - - - - - - - - - - - - -
EBIT 1 1,128 277 402 396 798 549 724 935 1,038 832 1,632 1,106 1,057 875 849 777.6 -
Operating Margin 8.28% 3.09% 4.72% 4.19% 4.44% 5.2% 6.14% 8.36% 8.9% 7.35% 12.85% 9.37% 9.22% 8.77% 8.46% - -
Earnings before Tax (EBT) - - - - - - - - - - - - - - - - -
Net income - - 422 268 - - - 555 683 - - - - - - - -
Net margin - - 4.95% 2.83% - - - 4.96% 5.85% - - - - - - - -
EPS 2 - -0.4200 0.8400 0.5400 - -0.0600 0.9600 1.110 1.370 1.400 1.020 1.500 1.375 1.137 0.9357 0.9700 -
Dividend per Share 2 - 0.5000 - - - - 0.7000 - - - 1.500 - - - 1.612 - -
Announcement Date 21-07-28 22-03-15 22-05-04 22-07-28 22-07-28 22-10-28 23-03-07 23-05-03 23-07-26 23-10-25 24-03-05 24-04-26 - - - - -
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 7,068 8,026 15,977 19,180 19,921 18,560 18,094 17,791
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.416 x 6.003 x 3.966 x 4.104 x 2.845 x 3.061 x 2.833 x 2.502 x
Free Cash Flow 1 91 992 403 -2,711 1,061 2,650 2,317 2,229
ROE (net income / shareholders' equity) 9.9% 0.98% 3.46% 8.21% 15.9% 16.4% 15.7% 14.5%
ROA (Net income/ Total Assets) 3.32% 0.3% 0.93% 2.01% 4.09% 3.84% 4.55% 4.53%
Assets 1 45,784 -33,644 48,945 56,687 59,978 67,600 59,496 63,924
Book Value Per Share 2 27.70 25.90 26.90 28.70 33.00 36.60 40.60 45.00
Cash Flow per Share 2 2.180 3.970 3.070 -1.320 5.170 7.400 7.220 6.900
Capex 1 997 995 1,131 2,051 2,270 2,447 2,543 2,638
Capex / Sales 3.71% 4.41% 3.69% 5.08% 4.84% 5.21% 5.27% 5.04%
Announcement Date 20-03-23 21-03-10 22-03-15 23-03-07 24-03-05 - - -
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
16
Last Close Price
32.5 EUR
Average target price
35.66 EUR
Spread / Average Target
+9.71%
Consensus
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