8TRA Stock Analysis: Traton SE | XETRA
Farm & Heavy Construction Machinery | XETRA, Germany | Market Cap: 17.750m EUR | 12M Return: 15.6% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 5.43M
EPS Trend: -36.6%
Qual. Beats: 2
Rev. Trend: -54.5%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 7 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: 1.31b TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.03 > 0.02 and ΔFCF/TA -2.45 > 1.0 |
| NWC/Revenue: -2.26% < 20% (prev 1.96%; Δ -4.23% < -1%) |
| CFO/TA 0.01 > 3% & CFO 726.0m > Net Income 1.31b |
| Net Debt (25.5b) to EBITDA (5.46b): 4.67 < 3 |
| Current Ratio: 0.96 > 1.5 & < 3 |
| Outstanding Shares: last quarter (500.0m) vs 12m ago -0.21% < -2% |
| Gross Margin: 17.93% > 18% (prev 21.00%; Δ -3.07% > 0.5%) |
| Asset Turnover: 64.25% > 50% (prev 69.56%; Δ -5.32% > 0%) |
| Interest Coverage Ratio: 4.38 > 6 (EBIT TTM 2.18b / Interest Expense TTM 498.0m) |
| A: -0.01 (Total Current Assets 23.7b - Total Current Liabilities 24.7b) / Total Assets 69.4b |
| B: 0.13 (Retained Earnings 9.29b / Total Assets 69.4b) |
| C: 0.03 (EBIT TTM 2.18b / Avg Total Assets 68.0b) |
| D: 0.38 (Book Value of Equity 18.9b / Total Liabilities 50.5b) |
| Altman-Z'' = 0.95 = BB |
| DSRI: 1.12 (Receivables 12.5b/11.9b, Revenue 43.7b/46.3b) |
| GMI: 1.17 (GM 21.00% / 17.93%) |
| AQI: 1.02 (AQ_t 0.44 / AQ_t-1 0.43) |
| SGI: 0.94 (Revenue 43.7b / 46.3b) |
| TATA: 0.01 (NI 1.31b - CFO 726.0m) / TA 69.4b) |
| Beneish M = -2.80 (Cap -4..+1) = A |
As of July 11, 2026, the stock is trading at EUR 34.70 with a total of 140,398 shares traded. Over the past week, the price has changed by -1.25%, over one month by +8.95%, over three months by +7.06% and over the past year by +15.60%.
Current recommended Stop Loss: 31.80 (which is 8.4% or 2.7 ATR below the current price).
Traton SE has no consensus analysts rating.
P/E Trailing = 13.6015
P/E Forward = 8.2713
P/S = 0.4064
P/B = 0.9272
Revenue TTM = 43.7b EUR
EBIT TTM = 2.18b EUR
EBITDA TTM = 5.46b EUR
Long Term Debt = 16.0b EUR (from longTermDebt, last fiscal year)
Short Term Debt = 9.30b EUR (from shortTermDebt, last quarter)
Debt = 28.5b EUR (from shortLongTermDebtTotal, last quarter) + Leases 1.27b
Net Debt = 25.5b EUR (calculated: Debt 28.5b - CCE 3.00b)
Enterprise Value = 43.3b EUR (17.7b + Debt 28.5b - CCE 3.00b)
Interest Coverage Ratio = 4.38 (Ebit TTM 2.18b / Interest Expense TTM 498.0m)
EV/FCF = -20.37x (Enterprise Value 43.3b / FCF TTM -2.12b)
FCF Yield = -4.91% (FCF TTM -2.12b / Enterprise Value 43.3b)
FCF Margin = -4.86% (FCF TTM -2.12b / Revenue TTM 43.7b)
Net Margin = 2.99% (Net Income TTM 1.31b / Revenue TTM 43.7b)
Gross Margin = 17.93% ((Revenue TTM 43.7b - Cost of Revenue TTM 35.8b) / Revenue TTM)
Gross Margin QoQ = 15.68% (prev 18.28%)
Tobins Q-Ratio = 0.62 (Enterprise Value 43.3b / Total Assets 69.4b)
Interest Expense / Debt = 1.75% (Interest Expense 498.0m / Debt 28.5b)
Taxrate = 22.62% (381.0m / 1.68b)
NOPAT = 1.69b (EBIT 2.18b * (1 - 22.62%))
Current Ratio = 0.96 (Total Current Assets 23.7b / Total Current Liabilities 24.7b)
Debt / Equity = 1.50 (Debt 28.5b / totalStockholderEquity, last quarter 18.9b)
Debt / EBITDA = 4.67 (Net Debt 25.5b / EBITDA 5.46b)
Debt / FCF = -12.01 (negative FCF - burning cash) (Net Debt 25.5b / FCF TTM -2.12b)
Total Stockholder Equity = 18.2b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.92% (Net Income 1.31b / Total Assets 69.4b)
RoE = 7.18% (Net Income TTM 1.31b / Total Stockholder Equity 18.2b)
RoCE = 6.38% (EBIT 2.18b / Capital Employed (Equity 18.2b + L.T.Debt 16.0b))
RoIC = 3.25% (NOPAT 1.69b / Invested Capital 51.9b)
WACC = 4.57% (E(17.7b)/V(46.3b) * Re(9.74%) + D(28.5b)/V(46.3b) * Rd(1.75%) * (1-Tc(0.23)))
Discount Rate = 9.74% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -15.54 | Cagr: 0.0%
[DCF] Fair Price = unknown (Cash Flow -2.12b)
EPS Correlation: -36.65 | EPS CAGR: -6.16% | SUE: 1.54 | # QB: 2
Revenue Correlation: -54.49 | Revenue CAGR: -1.89% | SUE: -0.41 | # QB: 0
EPS current Quarter (2026-06-30): EPS=1.09 | Chg30d=+97.28% | Revisions=+25% | Analysts=2
EPS next Quarter (2026-09-30): EPS=1.03 | Chg30d=-0.47% | Revisions=+25% | Analysts=2
EPS current Year (2026-12-31): EPS=4.29 | Chg30d=+0.59% | Revisions=+22% | GrowthEPS=+18.5% | GrowthRev=+3.8%
EPS next Year (2027-12-31): EPS=5.59 | Chg30d=+0.27% | Revisions=+0% | GrowthEPS=+30.2% | GrowthRev=+6.5%
[Analyst] Revisions Ratio: +24% (up=9, down=5)