8TRA Stock Analysis: Traton SE | ST
Farm & Heavy Construction Machinery | ST, Sweden | Market Cap: 203.000m SEK | 12M Return: 17.4% | DE000TRAT0N7 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 34.7M
EPS Trend: 74.6%
Qual. Beats: 1
Rev. Trend: -77.7%
Qual. Beats: 1
Warnings
Tailwinds
No distinct edge detected
Seasonality 7.1 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.
Traton SE is a German commercial vehicle manufacturer headquartered in Munich, founded in 2015 and majority-owned by Volkswagen. The company operates through five segments-Scania Vehicles and Services, MAN Truck & Bus, International Motors, Volkswagen Truck & Bus, and TRATON Financial Services-selling heavy-duty trucks, light commercial vehicles, buses, vans, and diesel and gas engines under the MAN, Scania, International, and Volkswagen Truck & Bus brands. Its geographic footprint spans Europe, North America, South America, and other international markets.
Beyond vehicle production, Traton offers after-sales services, digital logistics solutions through its RIO cloud platform, custom digital services, and operates charging stations for commercial vehicles. It also provides financing, insurance, and leasing through its financial services arm. The company uses a multi-brand strategy, allowing it to serve different customer segments and regions with distinct brand identities under one corporate structure.
As a major player in heavy transportation equipment, Traton operates in a cyclical industry tied to freight demand and economic activity. The commercial vehicle sector is currently undergoing a transition toward electrification and connected fleet services, areas where Traton is investing through its charging infrastructure and RIO digital platform.
- European heavy truck orders recover as freight demand rebounds
- International Motors margins pressured by weak US Class 8 demand
- BEV transition capex weighs on Scania and MAN profitability
| Net Income: 1.77b TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.03 > 0.02 and ΔFCF/TA -2.23 > 1.0 |
| NWC/Revenue: -0.64% < 20% (prev -4.03%; Δ 3.39% < -1%) |
| CFO/TA 0.01 > 3% & CFO 689.6m > Net Income 1.77b |
| Net Debt (26.8b) to EBITDA (6.27b): 4.28 < 3 |
| Current Ratio: 0.99 > 1.5 & < 3 |
| Outstanding Shares: last quarter (500.0m) vs 12m ago -0.21% < -2% |
| Gross Margin: 20.09% > 18% (prev 20.55%; Δ -0.45% > 0.5%) |
| Asset Turnover: 64.06% > 50% (prev 69.21%; Δ -5.15% > 0%) |
| Interest Coverage Ratio: 4.86 > 6 (EBIT TTM 2.89b / Interest Expense TTM 594.2m) |
| A: -0.00 (Total Current Assets 25.5b - Total Current Liabilities 25.8b) / Total Assets 71.6b |
| B: 0.13 (Retained Earnings 9.52b / Total Assets 71.6b) |
| C: 0.04 (EBIT TTM 2.89b / Avg Total Assets 69.0b) |
| D: 0.37 (Book Value of Equity 19.2b / Total Liabilities 52.4b) |
| Altman-Z'' = 1.07 = BB |
| DSRI: 1.18 (Receivables 13.7b/12.0b, Revenue 44.2b/46.0b) |
| GMI: 1.02 (GM 20.55% / 20.09%) |
| AQI: 1.00 (AQ_t 0.42 / AQ_t-1 0.42) |
| SGI: 0.96 (Revenue 44.2b / 46.0b) |
| TATA: 0.02 (NI 1.77b - CFO 689.6m) / TA 71.6b) |
| Beneish M = -2.88 (Cap -4..+1) = A |
As of August 25, 2026, the stock is trading at SEK 413.20 with a total of 56,743 shares traded. Over the past week, the price has changed by +1.03%, over one month by -5.75%, over three months by +15.94% and over the past year by +17.35%.
Current recommended Stop Loss: 390.30 (which is 5.5% or 2.5 ATR below the current price).
Traton SE has no consensus analysts rating.
Market Cap EUR = 18.4b (203b SEK * 0.0904 SEK.EUR)
P/E Trailing = 10.3996
P/E Forward = 6.9784
P/S = 4.5988
P/B = 0.9592
Revenue TTM = 44.2b EUR
EBIT TTM = 2.89b EUR
EBITDA TTM = 6.27b EUR
Long Term Debt = 16.0b EUR (from longTermDebt, last fiscal year)
Short Term Debt = 10.1b EUR (from shortTermDebt, last quarter)
Debt = 30.2b EUR (from shortLongTermDebtTotal, last quarter) + Leases 1.27b
Net Debt = 26.8b EUR (calculated: Debt 30.2b - CCE 3.37b)
Enterprise Value = 45.2b EUR (18.4b + Debt 30.2b - CCE 3.37b)
Interest Coverage Ratio = 4.86 (Ebit TTM 2.89b / Interest Expense TTM 594.2m)
EV/FCF = -21.91x (Enterprise Value 45.2b / FCF TTM -2.06b)
FCF Yield = -4.56% (FCF TTM -2.06b / Enterprise Value 45.2b)
FCF Margin = -4.66% (FCF TTM -2.06b / Revenue TTM 44.2b)
Net Margin = 4.00% (Net Income TTM 1.77b / Revenue TTM 44.2b)
Gross Margin = 20.09% ((Revenue TTM 44.2b - Cost of Revenue TTM 35.3b) / Revenue TTM)
Gross Margin QoQ = 20.83% (prev 15.68%)
Tobins Q-Ratio = 0.63 (Enterprise Value 45.2b / Total Assets 71.6b)
Interest Expense / Debt = 1.97% (Interest Expense 594.2m / Debt 30.2b)
Taxrate = 25.43% (602.9m / 2.37b)
NOPAT = 2.16b (EBIT 2.89b * (1 - 25.43%))
Current Ratio = 0.99 (Total Current Assets 25.5b / Total Current Liabilities 25.8b)
Debt / Equity = 1.57 (Debt 30.2b / totalStockholderEquity, last quarter 19.2b)
Debt / EBITDA = 4.28 (Net Debt 26.8b / EBITDA 6.27b)
Debt / FCF = -13.01 (negative FCF - burning cash) (Net Debt 26.8b / FCF TTM -2.06b)
Total Stockholder Equity = 18.7b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.56% (Net Income 1.77b / Total Assets 71.6b)
RoE = 9.48% (Net Income TTM 1.77b / Total Stockholder Equity 18.7b)
RoCE = 8.32% (EBIT 2.89b / Capital Employed (Equity 18.7b + L.T.Debt 16.0b))
RoIC = 4.02% (NOPAT 2.16b / Invested Capital 53.7b)
WACC = 4.25% (E(18.4b)/V(48.5b) * Re(8.84%) + D(30.2b)/V(48.5b) * Rd(1.97%) * (1-Tc(0.25)))
Discount Rate = 8.84% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -6.31 | Cagr: -0.12%
[DCF] Fair Price = unknown (Cash Flow -2.06b)
EPS Correlation: 74.62 | EPS CAGR: 31.36% | SUE: 0.92 | # QB: 1
Revenue Correlation: -77.71 | Revenue CAGR: -2.78% | SUE: 1.15 | # QB: 1
EPS current Quarter (2026-09-30): EPS=12.11 | Chg30d=-17.52% | Revisions=-25% | Analysts=1
EPS current Year (2026-12-31): EPS=59.99 | Chg30d=+12.80% | Revisions=+25% | GrowthEPS=+53.3% | GrowthRev=+5.9%
EPS next Year (2027-12-31): EPS=66.32 | Chg30d=+2.15% | Revisions=+25% | GrowthEPS=+10.6% | GrowthRev=+6.8%