(R3NK) Renk - Overview
Sector: Industrials | Industry: Aerospace & Defense | Exchange: XETRA (Germany) | Market Cap: 4.910m EUR | Total Return: -29.2% in 12m
Avg Turnover: 28.4M
Qual. Beats: -1
Rev. Trend: 99.5%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
No distinct edge detected
RENK Group AG is a Germany-based manufacturer specializing in high-end drive systems and propulsion technology for military and industrial applications. The company operates through three primary segments: Vehicle Mobility Solutions, Marine & Industry, and Slide Bearings. Its product portfolio includes gearboxes, transmissions, suspension systems, and electrification solutions tailored for complex environments such as naval vessels, tracked armored vehicles, and energy infrastructure.
The business model relies heavily on specialized engineering and long-term service contracts, which provide recurring revenue through maintenance, spare parts management, and system modernization. As a key supplier in the defense sector, RENK benefits from high barriers to entry due to the rigorous testing and certification standards required for mission-critical military hardware. Beyond defense, the company is expanding its footprint in the energy transition sector by providing components for hydrogen production, carbon capture, and industrial heat pumps.
For a detailed breakdown of the companys financial health and valuation metrics, consider reviewing the latest data on ValueRay.
- Rising European defense spending accelerates vehicle mobility solutions order backlog
- Global naval modernization programs drive long-term marine propulsion system revenue
- Industrial decarbonization demand fuels growth in hydrogen and heat pump applications
- Supply chain constraints and raw material costs pressure manufacturing operating margins
- Geopolitical instability increases demand for military vehicle transmission and suspension systems
| Net Income: 115.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA 0.45 > 1.0 |
| NWC/Revenue: 38.11% < 20% (prev 33.46%; Δ 4.64% < -1%) |
| CFO/TA 0.09 > 3% & CFO 151.5m > Net Income 115.0m |
| Net Debt (397.8m) to EBITDA (246.0m): 1.62 < 3 |
| Current Ratio: 1.96 > 1.5 & < 3 |
| Outstanding Shares: last quarter (100.1m) vs 12m ago 0.10% < -2% |
| Gross Margin: 24.99% > 18% (prev 0.25%; Δ 2.47k% > 0.5%) |
| Asset Turnover: 82.15% > 50% (prev 73.96%; Δ 8.19% > 0%) |
| Interest Coverage Ratio: 6.86 > 6 (EBITDA TTM 246.0m / Interest Expense TTM 24.2m) |
| A: 0.30 (Total Current Assets 1.07b - Total Current Liabilities 546.2m) / Total Assets 1.76b |
| B: 0.12 (Retained Earnings 208.7m / Total Assets 1.76b) |
| C: 0.10 (EBIT TTM 166.0m / Avg Total Assets 1.68b) |
| D: 0.27 (Book Value of Equity 331.6m / Total Liabilities 1.25b) |
| Altman-Z'' = 3.28 = A |
| DSRI: 1.19 (Receivables 415.9m/297.6m, Revenue 1.38b/1.18b) |
| GMI: 1.01 (GM 24.99% / 25.18%) |
| AQI: 0.80 (AQ_t 0.20 / AQ_t-1 0.25) |
| SGI: 1.17 (Revenue 1.38b / 1.18b) |
| TATA: -0.02 (NI 115.0m - CFO 151.5m) / TA 1.76b) |
| Beneish M = -2.87 (Cap -4..+1) = A |
As of May 26, 2026, the stock is trading at EUR 50.61 with a total of 481,202 shares traded.
Over the past week, the price has changed by +13.81%,
over one month by -7.86%,
over three months by -13.06% and
over the past year by -29.16%.
Renk has no consensus analysts rating.
P/E Trailing = 43.0702
P/E Forward = 55.2486
P/S = 3.5653
P/B = 9.4327
Revenue TTM = 1.38b EUR
EBIT TTM = 166.0m EUR
EBITDA TTM = 246.0m EUR
Long Term Debt = 513.7m EUR (from longTermDebt, last fiscal year)
Short Term Debt = 5.83m EUR (from shortTermDebt, last quarter)
Debt = 550.7m EUR (from shortLongTermDebtTotal, last quarter) + Leases 18.5m
Net Debt = 397.8m EUR (calculated: Debt 550.7m - CCE 152.9m)
Enterprise Value = 5.31b EUR (4.91b + Debt 550.7m - CCE 152.9m)
Interest Coverage Ratio = 6.86 (Ebit TTM 166.0m / Interest Expense TTM 24.2m)
EV/FCF = 47.08x (Enterprise Value 5.31b / FCF TTM 112.7m)
FCF Yield = 2.12% (FCF TTM 112.7m / Enterprise Value 5.31b)
FCF Margin = 8.19% (FCF TTM 112.7m / Revenue TTM 1.38b)
Net Margin = 8.35% (Net Income TTM 115.0m / Revenue TTM 1.38b)
Gross Margin = 24.99% ((Revenue TTM 1.38b - Cost of Revenue TTM 1.03b) / Revenue TTM)
Gross Margin QoQ = 25.23% (prev 26.51%)
Tobins Q-Ratio = 3.01 (Enterprise Value 5.31b / Total Assets 1.76b)
Interest Expense / Debt = 4.39% (Interest Expense 24.2m / Debt 550.7m)
Taxrate = 35.28% (8.39m / 23.8m)
NOPAT = 107.4m (EBIT 166.0m * (1 - 35.28%))
Current Ratio = 1.96 (Total Current Assets 1.07b / Total Current Liabilities 546.2m)
Debt / Equity = 1.09 (Debt 550.7m / totalStockholderEquity, last quarter 506.8m)
Debt / EBITDA = 1.62 (Net Debt 397.8m / EBITDA 246.0m)
Debt / FCF = 3.53 (Net Debt 397.8m / FCF TTM 112.7m)
Total Stockholder Equity = 458.1m (last 4 quarters mean from totalStockholderEquity)
RoA = 6.86% (Net Income 115.0m / Total Assets 1.76b)
RoE = 25.11% (Net Income TTM 115.0m / Total Stockholder Equity 458.1m)
RoCE = 17.08% (EBIT 166.0m / Capital Employed (Equity 458.1m + L.T.Debt 513.7m))
RoIC = 10.04% (NOPAT 107.4m / Invested Capital 1.07b)
WACC = 5.65% (E(4.91b)/V(5.46b) * Re(5.96%) + D(550.7m)/V(5.46b) * Rd(4.39%) * (1-Tc(0.35)))
Discount Rate = 5.96% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 5.27 | Cagr: 0.04%
[DCF] Terminal Value 77.97% ; FCFF base≈105.4m ; Y1≈120.8m ; Y5≈177.8m
[DCF] Fair Price = 22.78 (EV 2.68b - Net Debt 397.8m = Equity 2.28b / Shares 100.0m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -4.0 | # QB: -1
Revenue Correlation: 99.52 | Revenue CAGR: 19.45% | SUE: -0.21 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.50 | Chg30d=N/A | Revisions=+20% | Analysts=1
EPS next Quarter (2026-09-30): EPS=0.29 | Chg30d=N/A | Revisions=N/A | Analysts=1
EPS current Year (2026-12-31): EPS=1.74 | Chg30d=+2.03% | Revisions=+33% | GrowthEPS=+22.4% | GrowthRev=+14.0%
EPS next Year (2027-12-31): EPS=2.16 | Chg30d=+0.46% | Revisions=+25% | GrowthEPS=+24.6% | GrowthRev=+16.5%
[Analyst] Revisions Ratio: +33%