(8TRA) Traton SE - Ratings and Ratios
Truck, Bus, Engine, Service, Finance, Charging
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 5.79% |
| Yield on Cost 5y | 9.27% |
| Yield CAGR 5y | 10.67% |
| Payout Consistency | 87.3% |
| Payout Ratio | 42.2% |
| Risk via 10d forecast | |
|---|---|
| Volatility | 29.6% |
| Value at Risk 5%th | 47.8% |
| Relative Tail Risk | -1.84% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.28 |
| Alpha | 0.57 |
| CAGR/Max DD | 0.98 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.545 |
| Beta | 0.284 |
| Beta Downside | 0.666 |
| Drawdowns 3y | |
|---|---|
| Max DD | 33.99% |
| Mean DD | 9.81% |
| Median DD | 8.12% |
Description: 8TRA Traton SE October 30, 2025
Traton SE (XETRA: 8TRA) is the commercial-vehicle arm of the Volkswagen Group, headquartered in Munich and operating globally through the MAN, Scania, International and Volkswagen Truck & Bus brands. Its product portfolio spans heavy-duty trucks, light commercial vehicles, school buses (IC Bus), construction machines, diesel and gas engines, and a cloud-based logistics platform (RIO), plus after-sales services, digital solutions and a network of commercial-vehicle charging stations.
The group is organized into five operating segments: Scania Vehicles & Services; MAN Truck & Bus; International Motors; Volkswagen Truck & Bus; and TRATON Financial Services, which together provide financing, leasing and insurance for its vehicle fleet.
Key recent metrics (FY 2023) show revenue of roughly €45 billion, an EBIT margin of about 6 %, and a growing contribution from electrified trucks that now represent ~3 % of total deliveries-a figure the company targets to lift to double-digit percentages by 2027 as European emission standards tighten.
Sector drivers that materially affect Traton’s outlook include: (1) the pace of freight-transport demand recovery post-COVID-19, (2) the rollout of stricter CO₂ limits for heavy vehicles in the EU and North America, and (3) the availability of credit and interest-rate conditions that influence commercial-vehicle financing volumes.
Given the company’s exposure to both traditional diesel markets and the emerging electric-truck segment, analysts should monitor the rollout speed of RIO’s digital services and the utilization rates of Traton’s charging-infrastructure network as leading indicators of future revenue diversification.
For a deeper quantitative assessment, you may find the ValueRay platform’s detailed financial models useful.
Piotroski VR‑10 (Strict, 0-10) 4.0
| Net Income (2.18b TTM) > 0 and > 6% of Revenue (6% = 2.76b TTM) |
| FCFTA -0.01 (>2.0%) and ΔFCFTA 0.04pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue -4.03% (prev 0.50%; Δ -4.53pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.04 (>3.0%) and CFO 2.49b > Net Income 2.18b (YES >=105%, WARN >=100%) |
| Net Debt (-2.27b) to EBITDA (6.50b) ratio: -0.35 <= 3.0 (WARN <= 3.5) |
| Current Ratio 0.93 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (501.1m) change vs 12m ago 0.22% (target <= -2.0% for YES) |
| Gross Margin 20.55% (prev 20.50%; Δ 0.05pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 70.49% (prev 74.03%; Δ -3.54pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 5.05 (EBITDA TTM 6.50b / Interest Expense TTM 686.0m) >= 6 (WARN >= 3) |
Altman Z'' 0.74
| (A) -0.03 = (Total Current Assets 23.76b - Total Current Liabilities 25.62b) / Total Assets 66.45b |
| (B) 0.12 = Retained Earnings (Balance) 7.94b / Total Assets 66.45b |
| (C) 0.05 = EBIT TTM 3.46b / Avg Total Assets 65.25b |
| (D) 0.17 = Book Value of Equity 8.44b / Total Liabilities 49.13b |
| Total Rating: 0.74 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 73.36
| 1. Piotroski 4.0pt |
| 2. FCF Yield -1.98% |
| 3. FCF Margin -0.93% |
| 4. Debt/Equity 0.54 |
| 5. Debt/Ebitda -0.35 |
| 6. ROIC - WACC (= 9.63)% |
| 7. RoE 12.30% |
| 8. Rev. Trend 73.52% |
| 9. EPS Trend 45.53% |
What is the price of 8TRA shares?
Over the past week, the price has changed by +3.16%, over one month by +9.14%, over three months by -7.38% and over the past year by +8.05%.
Is 8TRA a buy, sell or hold?
What are the forecasts/targets for the 8TRA price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 32.8 | 11.7% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 35.8 | 21.9% |
8TRA Fundamental Data Overview November 26, 2025
Market Cap EUR = 14.55b (14.55b EUR * 1.0 EUR.EUR)
P/E Trailing = 8.1292
P/E Forward = 6.12
P/S = 0.3267
P/B = 0.7988
Beta = 1.368
Revenue TTM = 45.99b EUR
EBIT TTM = 3.46b EUR
EBITDA TTM = 6.50b EUR
Long Term Debt = 15.35b EUR (from longTermDebt, last quarter)
Short Term Debt = 2.52b EUR (from shortTermDebt, last fiscal year)
Debt = 9.43b EUR (from shortLongTermDebtTotal, last fiscal year)
Net Debt = -2.27b EUR (from netDebt column, last quarter)
Enterprise Value = 21.72b EUR (14.55b + Debt 9.43b - CCE 2.27b)
Interest Coverage Ratio = 5.05 (Ebit TTM 3.46b / Interest Expense TTM 686.0m)
FCF Yield = -1.98% (FCF TTM -430.0m / Enterprise Value 21.72b)
FCF Margin = -0.93% (FCF TTM -430.0m / Revenue TTM 45.99b)
Net Margin = 4.74% (Net Income TTM 2.18b / Revenue TTM 45.99b)
Gross Margin = 20.55% ((Revenue TTM 45.99b - Cost of Revenue TTM 36.54b) / Revenue TTM)
Gross Margin QoQ = 19.32% (prev 20.68%)
Tobins Q-Ratio = 0.33 (Enterprise Value 21.72b / Total Assets 66.45b)
Interest Expense / Debt = 0.45% (Interest Expense 42.0m / Debt 9.43b)
Taxrate = 28.15% (96.0m / 341.0m)
NOPAT = 2.49b (EBIT 3.46b * (1 - 28.15%))
Current Ratio = 0.93 (Total Current Assets 23.76b / Total Current Liabilities 25.62b)
Debt / Equity = 0.54 (Debt 9.43b / totalStockholderEquity, last quarter 17.32b)
Debt / EBITDA = -0.35 (Net Debt -2.27b / EBITDA 6.50b)
Debt / FCF = 5.27 (negative FCF - burning cash) (Net Debt -2.27b / FCF TTM -430.0m)
Total Stockholder Equity = 17.71b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.28% (Net Income 2.18b / Total Assets 66.45b)
RoE = 12.30% (Net Income TTM 2.18b / Total Stockholder Equity 17.71b)
RoCE = 10.47% (EBIT 3.46b / Capital Employed (Equity 17.71b + L.T.Debt 15.35b))
RoIC = 14.04% (NOPAT 2.49b / Invested Capital 17.71b)
WACC = 4.41% (E(14.55b)/V(23.98b) * Re(7.06%) + D(9.43b)/V(23.98b) * Rd(0.45%) * (1-Tc(0.28)))
Discount Rate = 7.06% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: 81.65 | Cagr: 0.11%
Fair Price DCF = unknown (Cash Flow -430.0m)
EPS Correlation: 45.53 | EPS CAGR: 26.08% | SUE: 0.34 | # QB: 0
Revenue Correlation: 73.52 | Revenue CAGR: 9.47% | SUE: 0.70 | # QB: 0