JUN3 Stock Analysis: Jungheinrich O.N.VZO | XETRA
Specialty Industrial Machinery | XETRA, Germany | Market Cap: 2.346m EUR | 12M Return: -28.4% | DE0006219934 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 2.33M
Qual. Beats: 0
Rev. Trend: 58.7%
Qual. Beats: 2
Warnings
Tailwinds
Seasonality 11.7 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.
Jungheinrich AG is a German intralogistics provider offering material handling equipment, automated systems, and warehouse solutions to customers worldwide. The company operates through two segments: Intralogistics, which covers the development, production, sale, and short-term rental of new and used material handling and warehousing equipment, spare parts, and maintenance services; and Financial Services, which handles sales financing and usage transfer of equipment.
Its product range spans electric and hand pallet trucks, pallet stackers, order pickers, reach trucks, very narrow aisle trucks, electric forklifts, tow tractors, and tugger train trailers, alongside automated guided vehicles, stacker cranes, conveyor technology, and mobile robots. The company also provides energy and battery solutions (including lithium-ion and lead-acid options), warehouse racking, digital fleet and warehouse management software, and industrial IT infrastructure. Distribution is handled through its own direct sales and service network, and the company was founded in 1953 with its headquarters in Hamburg, Germany.
The intralogistics sector supports the internal flow of goods within warehouses, distribution centers, and manufacturing facilities, making it closely tied to broader industrial activity, e-commerce growth, and warehouse automation trends. Jungheinrich competes alongside other global material handling equipment manufacturers in a market where equipment sales are often paired with recurring service, rental, and financing revenue streams.
- New forklift orders growth in core European markets
- Automation solutions segment expands with higher margins
- Interest rate cuts compress Financial Services segment margins
| Net Income: -1.00m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA -1.59 > 1.0 |
| NWC/Revenue: 10.02% < 20% (prev 17.44%; Δ -7.42% < -1%) |
| CFO/TA 0.06 > 3% & CFO 490.3m > Net Income -1.00m |
| Net Debt (235.5m) to EBITDA (749.3m): 0.31 < 3 |
| Current Ratio: 1.33 > 1.5 & < 3 |
| Outstanding Shares: last quarter (102.0m) vs 12m ago 0.0% < -2% |
| Gross Margin: 54.20% > 18% (prev 32.48%; Δ 21.72% > 0.5%) |
| Asset Turnover: 109.7% > 50% (prev 75.42%; Δ 34.29% > 0%) |
| Interest Coverage Ratio: 7.74 > 6 (EBIT TTM 265.5m / Interest Expense TTM 34.3m) |
| A: 0.11 (Total Current Assets 3.26b - Total Current Liabilities 2.44b) / Total Assets 7.64b |
| B: 0.32 (Retained Earnings 2.43b / Total Assets 7.64b) |
| C: 0.04 (EBIT TTM 265.5m / Avg Total Assets 7.42b) |
| D: 0.50 (Book Value of Equity 2.56b / Total Liabilities 5.09b) |
| Altman-Z'' = 2.51 = A |
| DSRI: 0.93 (Receivables 1.48b/1.06b, Revenue 8.14b/5.43b) |
| GMI: 0.60 (GM 32.48% / 54.20%) |
| AQI: 0.80 (AQ_t 0.33 / AQ_t-1 0.41) |
| SGI: 1.50 (Revenue 8.14b / 5.43b) |
| TATA: -0.06 (NI -1.00m - CFO 490.3m) / TA 7.64b) |
| Beneish M = -3.21 (Cap -4..+1) = AA |
As of October 09, 2026, the stock is trading at EUR 21.06 with a total of 550,861 shares traded. Over the past week, the price has changed by -9.85%, over one month by -23.14%, over three months by -10.38% and over the past year by -28.39%.
Current recommended Stop Loss: 20.10 (which is 4.6% or 1.4 ATR below the current price).
Jungheinrich O.N.VZO has no consensus analysts rating.
P/E Trailing = 62.1622
P/E Forward = 10.4932
P/S = 0.4254
P/B = 0.9791
P/EG = 2.7678
Revenue TTM = 8.14b EUR
EBIT TTM = 265.5m EUR
EBITDA TTM = 749.3m EUR
Long Term Debt = 298.9m EUR (from longTermDebt, last fiscal year)
Short Term Debt = 280.0m EUR (from shortTermDebt, last quarter)
Debt = 958.1m EUR (from shortLongTermDebtTotal, last quarter) + Leases 257.1m
Net Debt = 235.5m EUR (calculated: Debt 958.1m - CCE 722.6m)
Enterprise Value = 2.58b EUR (2.35b + Debt 958.1m - CCE 722.6m)
Interest Coverage Ratio = 7.74 (Ebit TTM 265.5m / Interest Expense TTM 34.3m)
EV/FCF = 7.47x (Enterprise Value 2.58b / FCF TTM 345.5m)
FCF Yield = 13.38% (FCF TTM 345.5m / Enterprise Value 2.58b)
FCF Margin = 4.24% (FCF TTM 345.5m / Revenue TTM 8.14b)
Net Margin = -0.01% (Net Income TTM -1.00m / Revenue TTM 8.14b)
Gross Margin = 54.20% ((Revenue TTM 8.14b - Cost of Revenue TTM 3.73b) / Revenue TTM)
Gross Margin QoQ = 32.60% (prev none%)
Tobins Q-Ratio = 0.34 (Enterprise Value 2.58b / Total Assets 7.64b)
Interest Expense / Debt = 3.58% (Interest Expense 34.3m / Debt 958.1m)
Taxrate = 44.63% (59.0m / 132.2m)
NOPAT = 147.0m (EBIT 265.5m * (1 - 44.63%))
Current Ratio = 1.33 (Total Current Assets 3.26b / Total Current Liabilities 2.44b)
Debt / Equity = 0.37 (Debt 958.1m / totalStockholderEquity, last quarter 2.56b)
Debt / EBITDA = 0.31 (Net Debt 235.5m / EBITDA 749.3m)
Debt / FCF = 0.68 (Net Debt 235.5m / FCF TTM 345.5m)
Total Stockholder Equity = 2.49b (last 4 quarters mean from totalStockholderEquity)
RoA = -0.01% (Net Income -1.00m / Total Assets 7.64b)
RoE = -0.04% (Net Income TTM -1.00m / Total Stockholder Equity 2.49b)
RoCE = 9.54% (EBIT 265.5m / Capital Employed (Equity 2.49b + L.T.Debt 298.9m))
RoIC = 2.90% (NOPAT 147.0m / Invested Capital 5.08b)
WACC = 6.18% (E(2.35b)/V(3.30b) * Re(7.90%) + D(958.1m)/V(3.30b) * Rd(3.58%) * (1-Tc(0.45)))
Discount Rate = 7.90% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 0.0 | Cagr: 0.0%
[DCF] Terminal Value 73.10% ; FCFF base≈383.1m ; Y1≈336.0m ; Y5≈271.4m
[DCF] Fair Price = 85.87 (EV 4.36b - Net Debt 235.5m = Equity 4.12b / Shares 48.0m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -0.17 | # QB: 0
Revenue Correlation: 58.67 | Revenue CAGR: 9.06% | SUE: 2.31 | # QB: 2
EPS current Quarter (2026-09-30): EPS=0.75 | Chg30d=+7.60% | Revisions=+25% | Analysts=1
EPS current Year (2026-12-31): EPS=2.30 | Chg30d=-0.31% | Revisions=-42% | GrowthEPS=+123.3% | GrowthRev=+1.4%
EPS next Year (2027-12-31): EPS=3.00 | Chg30d=+0.12% | Revisions=-10% | GrowthEPS=+30.6% | GrowthRev=+5.5%
[Analyst] Revisions Ratio: -25% (up=6, down=11)