TWEKA Stock Analysis: TKH | AS
Communication Equipment | AS, Netherlands | Market Cap: 1.979m EUR | 12M Return: 44.1% | NL0000852523 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 3.90M
Warnings
Tailwinds
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
TKH Group N.V. (TWEKA) is a Netherlands-based industrial technology company operating across automation and electrification markets in Europe, Asia, North America, and other international regions. Founded in 1930 and headquartered in Haaksbergen, the company operates through three core segments: Smart Vision Systems (2D/3D machine vision and security vision), Smart Manufacturing Systems (production automation for tire manufacturing and medical dispensing), and Smart Connectivity Systems (fiber optic networks, specialty cabling, and contactless power/data systems).
The companys structure reflects the broader convergence of industrial automation and communications equipment, with its fiber optic and connectivity solutions aligning with its GICS classification within Communications Equipment. Its machine vision technology supports quality inspection and object monitoring use cases common across the industrial automation sector, where vision-guided robotics and AI-driven inspection systems are increasingly standard in modern manufacturing environments.
- Fiber optic connectivity revenue accelerates with data center investment
- Tire manufacturing automation orders track global automotive production cycle
- Machine vision margins pressured by softening European industrial demand
| Net Income: 128.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.08 > 0.02 and ΔFCF/TA 2.54 > 1.0 |
| NWC/Revenue: 20.47% < 20% (prev 14.38%; Δ 6.09% < -1%) |
| CFO/TA 0.10 > 3% & CFO 226.6m > Net Income 128.0m |
| Net Debt (686.1m) to EBITDA (267.9m): 2.56 < 3 |
| Current Ratio: 1.62 > 1.5 & < 3 |
| Outstanding Shares: last quarter (40.1m) vs 12m ago 0.60% < -2% |
| Gross Margin: 17.49% > 18% (prev 50.64%; Δ -33.15% > 0.5%) |
| Asset Turnover: 83.97% > 50% (prev 77.40%; Δ 6.57% > 0%) |
| Interest Coverage Ratio: 4.86 > 6 (EBIT TTM 141.9m / Interest Expense TTM 29.2m) |
| A: 0.17 (Total Current Assets 996.4m - Total Current Liabilities 615.9m) / Total Assets 2.23b |
| B: 0.30 (Retained Earnings 672.3m / Total Assets 2.23b) |
| C: 0.06 (EBIT TTM 141.9m / Avg Total Assets 2.21b) |
| D: 0.68 (Book Value of Equity 900.9m / Total Liabilities 1.33b) |
| Altman-Z'' = 3.25 = A |
| DSRI: 1.07 (Receivables 523.0m/448.2m, Revenue 1.86b/1.70b) |
| GMI: 2.89 (GM 50.64% / 17.49%) |
| AQI: 0.98 (AQ_t 0.29 / AQ_t-1 0.29) |
| SGI: 1.09 (Revenue 1.86b / 1.70b) |
| TATA: -0.04 (NI 128.0m - CFO 226.6m) / TA 2.23b) |
| Beneish M = -1.20 (Cap -4..+1) = D |
As of August 25, 2026, the stock is trading at EUR 49.14 with a total of 57,101 shares traded. Over the past week, the price has changed by -3.93%, over one month by +14.33%, over three months by +3.45% and over the past year by +44.09%.
Current recommended Stop Loss: 47.40 (which is 3.5% or 1.3 ATR below the current price).
TKH has no consensus analysts rating.
P/E Trailing = 15.4455
P/E Forward = 15.6495
P/S = 1.0646
P/B = 2.2663
P/EG = 0.8488
Revenue TTM = 1.86b EUR
EBIT TTM = 141.9m EUR
EBITDA TTM = 267.9m EUR
Long Term Debt = 489.8m EUR (from longTermDebt, last fiscal year)
Short Term Debt = 70.6m EUR (from shortTermDebt, last quarter)
Debt = 800.6m EUR (from shortLongTermDebtTotal, last quarter) + Leases 89.0m
Net Debt = 686.1m EUR (calculated: Debt 800.6m - CCE 114.5m)
Enterprise Value = 2.67b EUR (1.98b + Debt 800.6m - CCE 114.5m)
Interest Coverage Ratio = 4.86 (Ebit TTM 141.9m / Interest Expense TTM 29.2m)
EV/FCF = 15.95x (Enterprise Value 2.67b / FCF TTM 167.1m)
FCF Yield = 6.27% (FCF TTM 167.1m / Enterprise Value 2.67b)
FCF Margin = 8.99% (FCF TTM 167.1m / Revenue TTM 1.86b)
Net Margin = 6.89% (Net Income TTM 128.0m / Revenue TTM 1.86b)
Gross Margin = 17.49% ((Revenue TTM 1.86b - Cost of Revenue TTM 1.53b) / Revenue TTM)
Gross Margin QoQ = 17.25% (prev 17.75%)
Tobins Q-Ratio = 1.20 (Enterprise Value 2.67b / Total Assets 2.23b)
Interest Expense / Debt = 3.65% (Interest Expense 29.2m / Debt 800.6m)
Taxrate = 17.07% (26.3m / 154.3m)
NOPAT = 117.7m (EBIT 141.9m * (1 - 17.07%))
Current Ratio = 1.62 (Total Current Assets 996.4m / Total Current Liabilities 615.9m)
Debt / Equity = 0.89 (Debt 800.6m / totalStockholderEquity, last quarter 900.9m)
Debt / EBITDA = 2.56 (Net Debt 686.1m / EBITDA 267.9m)
Debt / FCF = 4.11 (Net Debt 686.1m / FCF TTM 167.1m)
Total Stockholder Equity = 873.3m (last 4 quarters mean from totalStockholderEquity)
RoA = 5.78% (Net Income 128.0m / Total Assets 2.23b)
RoE = 14.66% (Net Income TTM 128.0m / Total Stockholder Equity 873.3m)
RoCE = 10.41% (EBIT 141.9m / Capital Employed (Equity 873.3m + L.T.Debt 489.8m))
RoIC = 7.41% (NOPAT 117.7m / Invested Capital 1.59b)
WACC = 6.82% (E(1.98b)/V(2.78b) * Re(8.36%) + D(800.6m)/V(2.78b) * Rd(3.65%) * (1-Tc(0.17)))
Discount Rate = 8.36% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -87.21 | Cagr: -1.19%
[DCF] Terminal Value 77.97% ; FCFF base≈144.0m ; Y1≈165.1m ; Y5≈242.9m
[DCF] Fair Price = 74.40 (EV 3.66b - Net Debt 686.1m = Equity 2.97b / Shares 39.9m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -89.02 | EPS CAGR: -30.26% | SUE: N/A | # QB: 0
Revenue Correlation: 2.21 | Revenue CAGR: 0.09% | SUE: N/A | # QB: 0
EPS current Year (2026-12-31): EPS=3.20 | Chg30d=+10.32% | Revisions=+12% | GrowthEPS=+39.2% | GrowthRev=+10.5%
EPS next Year (2027-12-31): EPS=3.75 | Chg30d=+8.21% | Revisions=+22% | GrowthEPS=+17.1% | GrowthRev=+4.9%
[Analyst] Revisions Ratio: +21% (up=7, down=4)