8TRA Stock Analysis: Traton SE | XETRA
Farm & Heavy Construction Machinery | XETRA, Germany | Market Cap: 18.350m EUR | 12M Return: 17.7% | DE000TRAT0N7 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 4.77M
EPS Trend: -57.1%
Qual. Beats: 3
Rev. Trend: -78.0%
Qual. Beats: 0
Warnings
Tailwinds
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 Munich-based manufacturer of commercial vehicles operating globally through five segments: Scania Vehicles & Services, MAN Truck & Bus, International Motors, Volkswagen Truck & Bus, and TRATON Financial Services. Its product range spans heavy-duty trucks, light commercial vehicles, construction vehicles, buses (including IC Bus school buses), vans, and diesel and gas engines, marketed under the MAN, Scania, International, and Volkswagen Truck & Bus brands. Beyond vehicle production, the company offers a cloud-based logistics platform (RIO), after-sales services, custom digital solutions, commercial vehicle charging stations, and financing, insurance, and leasing products. Traton was founded in 2015 as part of the Volkswagen Group and remains a majority-owned subsidiary of Volkswagen International Luxemburg S.A.
As one of Europes largest commercial vehicle OEMs, Traton competes alongside Daimler Truck and the Volvo Group in a sector where sales are closely tied to freight volumes, construction activity, and tightening emissions regulations. The industrys ongoing transition toward battery-electric and zero-emission trucks makes charging infrastructure and fleet electrification services an increasingly central part of OEM business models.
- European heavy truck demand cyclical recovery boosts order intake
- Scania margin premium narrows on rising EV investment costs
- International Motors turnaround drives North American market share gains
| 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 691.0m > Net Income 1.77b |
| Net Debt (26.6b) to EBITDA (6.24b): 4.27 < 3 |
| Current Ratio: 0.99 > 1.5 & < 3 |
| Outstanding Shares: last quarter (500.0m) vs 12m ago -0.21% < -2% |
| Gross Margin: 18.35% > 18% (prev 20.55%; Δ -2.19% > 0.5%) |
| Asset Turnover: 63.96% > 50% (prev 69.21%; Δ -5.25% > 0%) |
| Interest Coverage Ratio: 4.99 > 6 (EBIT TTM 2.96b / Interest Expense TTM 593.0m) |
| 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 2.96b / Avg Total Assets 69.0b) |
| D: 0.37 (Book Value of Equity 19.2b / Total Liabilities 52.4b) |
| Altman-Z'' = 1.08 = BB |
| DSRI: 1.19 (Receivables 13.7b/12.0b, Revenue 44.1b/46.0b) |
| GMI: 1.12 (GM 20.55% / 18.35%) |
| AQI: 1.00 (AQ_t 0.42 / AQ_t-1 0.42) |
| SGI: 0.96 (Revenue 44.1b / 46.0b) |
| TATA: 0.02 (NI 1.77b - CFO 691.0m) / TA 71.6b) |
| Beneish M = -2.79 (Cap -4..+1) = A |
As of August 25, 2026, the stock is trading at EUR 37.14 with a total of 99,721 shares traded. Over the past week, the price has changed by +0.00%, over one month by -6.21%, over three months by +12.96% and over the past year by +17.70%.
Current recommended Stop Loss: 34.90 (which is 6% or 2.6 ATR below the current price).
Traton SE has no consensus analysts rating.
P/E Trailing = 10.3672
P/E Forward = 6.9493
P/S = 0.4157
P/B = 0.9554
Revenue TTM = 44.1b EUR
EBIT TTM = 2.96b EUR
EBITDA TTM = 6.24b EUR
Long Term Debt = 16.0b EUR (from longTermDebt, last fiscal year)
Short Term Debt = 10.1b EUR (from shortTermDebt, last quarter)
Debt = 30.0b EUR (from shortLongTermDebtTotal, last quarter) + Leases 1.27b
Net Debt = 26.6b EUR (calculated: Debt 30.0b - CCE 3.37b)
Enterprise Value = 45.0b EUR (18.4b + Debt 30.0b - CCE 3.37b)
Interest Coverage Ratio = 4.99 (Ebit TTM 2.96b / Interest Expense TTM 593.0m)
EV/FCF = -21.85x (Enterprise Value 45.0b / FCF TTM -2.06b)
FCF Yield = -4.58% (FCF TTM -2.06b / Enterprise Value 45.0b)
FCF Margin = -4.66% (FCF TTM -2.06b / Revenue TTM 44.1b)
Net Margin = 4.01% (Net Income TTM 1.77b / Revenue TTM 44.1b)
Gross Margin = 18.35% ((Revenue TTM 44.1b - Cost of Revenue TTM 36.0b) / Revenue TTM)
Gross Margin QoQ = 20.83% (prev 15.68%)
Tobins Q-Ratio = 0.63 (Enterprise Value 45.0b / Total Assets 71.6b)
Interest Expense / Debt = 1.98% (Interest Expense 593.0m / Debt 30.0b)
Taxrate = 25.42% (602.0m / 2.37b)
NOPAT = 2.21b (EBIT 2.96b * (1 - 25.42%))
Current Ratio = 0.99 (Total Current Assets 25.5b / Total Current Liabilities 25.8b)
Debt / Equity = 1.56 (Debt 30.0b / totalStockholderEquity, last quarter 19.2b)
Debt / EBITDA = 4.27 (Net Debt 26.6b / EBITDA 6.24b)
Debt / FCF = -12.93 (negative FCF - burning cash) (Net Debt 26.6b / 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 = 8.53% (EBIT 2.96b / Capital Employed (Equity 18.7b + L.T.Debt 16.0b))
RoIC = 4.12% (NOPAT 2.21b / Invested Capital 53.6b)
WACC = 4.41% (E(18.4b)/V(48.3b) * Re(9.19%) + D(30.0b)/V(48.3b) * Rd(1.98%) * (1-Tc(0.25)))
Discount Rate = 9.19% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -38.95 | Cagr: -0.12%
[DCF] Fair Price = unknown (Cash Flow -2.06b)
EPS Correlation: -57.09 | EPS CAGR: -8.88% | SUE: 0.88 | # QB: 3
Revenue Correlation: -77.96 | Revenue CAGR: -2.85% | SUE: 0.51 | # QB: 0
EPS current Quarter (2026-09-30): EPS=1.15 | Chg30d=+10.90% | Revisions=+25% | Analysts=1
EPS current Year (2026-12-31): EPS=4.77 | Chg30d=+6.84% | Revisions=+67% | GrowthEPS=+31.6% | GrowthRev=+5.9%
EPS next Year (2027-12-31): EPS=5.77 | Chg30d=+2.01% | Revisions=+22% | GrowthEPS=+21.0% | GrowthRev=+6.8%
[Analyst] Revisions Ratio: +56% (up=11, down=2)