R3NK Stock Analysis: Renk | XETRA
Aerospace & Defense | XETRA, Germany | Market Cap: 4.984m EUR | 12M Return: -21% | DE000RENK730 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 20.8M
Qual. Beats: 0
Rev. Trend: 99.1%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 2.5 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.
RENK Group AG (XETRA: R3NK) is a German manufacturer of engineered drive systems, headquartered in Augsburg and founded in 1873. The company operates three segments: Vehicle Mobility Solutions, Marine & Industry, and Slide Bearings, producing gearboxes, transmissions, final drives, marine propulsion components, shaft generators, electrification and hybrid mobility solutions, slide bearings, couplings, and test systems. It also offers related services including engineering, condition monitoring, maintenance, modernization, spare parts management, and contract manufacturing.
RENK serves a diverse customer base spanning military vehicles, marine and civil maritime, cement and plastics production, oil and gas, and emerging applications such as hydrogen, energy generation, carbon capture, utilization and storage (CCUS), and industrial heat pumps. Geographically, its operations span Germany, the wider European Union, the United States, Asia, Africa, Australia, and Oceania.
Within the Industrials sector and Aerospace & Defense industry, RENK occupies a niche in highly specialized mechanical power-transmission engineering. Its long history and military vehicle work position it as a supplier to defense drivetrain and suspension programs, while its marine and industrial gearbox portfolio supports both commercial shipbuilding and heavy industry. The breadth of its service offering, from condition monitoring to spare parts logistics, reflects a business model that combines original equipment manufacturing with long-term aftermarket support.
- European rearmament accelerates military drivetrain order book growth
- Marine and Industry segment benefits from naval modernization demand
- Aftermarket services expand as installed base of gearboxes grows
| Net Income: 99.1m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA -1.70 > 1.0 |
| NWC/Revenue: 38.51% < 20% (prev 34.70%; Δ 3.81% < -1%) |
| CFO/TA 0.09 > 3% & CFO 161.5m > Net Income 99.1m |
| Net Debt (417.6m) to EBITDA (243.6m): 1.71 < 3 |
| Current Ratio: 2.05 > 1.5 & < 3 |
| Outstanding Shares: last quarter (100.1m) vs 12m ago 0.10% < -2% |
| Gross Margin: 25.37% > 18% (prev 24.88%; Δ 0.49% > 0.5%) |
| Asset Turnover: 82.38% > 50% (prev 76.99%; Δ 5.39% > 0%) |
| Interest Coverage Ratio: 6.43 > 6 (EBIT TTM 163.4m / Interest Expense TTM 25.4m) |
| A: 0.31 (Total Current Assets 1.04b - Total Current Liabilities 509.3m) / Total Assets 1.73b |
| B: 0.10 (Retained Earnings 165.1m / Total Assets 1.73b) |
| C: 0.10 (EBIT TTM 163.4m / Avg Total Assets 1.68b) |
| D: 0.37 (Book Value of Equity 468.2m / Total Liabilities 1.26b) |
| Altman-Z'' = 3.37 = A |
| DSRI: 0.92 (Receivables 355.9m/349.4m, Revenue 1.38b/1.25b) |
| GMI: 0.98 (GM 24.88% / 25.37%) |
| AQI: 0.87 (AQ_t 0.20 / AQ_t-1 0.23) |
| SGI: 1.11 (Revenue 1.38b / 1.25b) |
| TATA: -0.04 (NI 99.1m - CFO 161.5m) / TA 1.73b) |
| Beneish M = -3.12 (Cap -4..+1) = AA |
As of August 26, 2026, the stock is trading at EUR 46.44 with a total of 304,913 shares traded. Over the past week, the price has changed by -9.23%, over one month by +2.61%, over three months by -7.17% and over the past year by -20.99%.
Current recommended Stop Loss: 43.40 (which is 6.5% or 1.4 ATR below the current price).
Renk has no consensus analysts rating.
P/E Trailing = 50.3434
P/E Forward = 55.2486
P/S = 3.6032
P/B = 10.6753
Revenue TTM = 1.38b EUR
EBIT TTM = 163.4m EUR
EBITDA TTM = 243.6m EUR
Long Term Debt = 512.0m EUR (from longTermDebt, last quarter)
Short Term Debt = 2.27m EUR (from shortLongTermDebt, last quarter)
Debt = 554.2m EUR (from shortLongTermDebtTotal, last fiscal year) + Leases 19.0m
Net Debt = 417.6m EUR (calculated: Debt 554.2m - CCE 136.5m)
Enterprise Value = 5.40b EUR (4.98b + Debt 554.2m - CCE 136.5m)
Interest Coverage Ratio = 6.43 (Ebit TTM 163.4m / Interest Expense TTM 25.4m)
EV/FCF = 46.40x (Enterprise Value 5.40b / FCF TTM 116.4m)
FCF Yield = 2.15% (FCF TTM 116.4m / Enterprise Value 5.40b)
FCF Margin = 8.42% (FCF TTM 116.4m / Revenue TTM 1.38b)
Net Margin = 7.17% (Net Income TTM 99.1m / Revenue TTM 1.38b)
Gross Margin = 25.37% ((Revenue TTM 1.38b - Cost of Revenue TTM 1.03b) / Revenue TTM)
Gross Margin QoQ = 24.51% (prev 25.23%)
Tobins Q-Ratio = 3.12 (Enterprise Value 5.40b / Total Assets 1.73b)
Interest Expense / Debt = 4.58% (Interest Expense 25.4m / Debt 554.2m)
Taxrate = 28.88% (40.7m / 140.9m)
NOPAT = 116.2m (EBIT 163.4m * (1 - 28.88%))
Current Ratio = 2.05 (Total Current Assets 1.04b / Total Current Liabilities 509.3m)
Debt / Equity = 1.18 (Debt 554.2m / totalStockholderEquity, last quarter 468.2m)
Debt / EBITDA = 1.71 (Net Debt 417.6m / EBITDA 243.6m)
Debt / FCF = 3.59 (Net Debt 417.6m / FCF TTM 116.4m)
Total Stockholder Equity = 472.9m (last 4 quarters mean from totalStockholderEquity)
RoA = 5.90% (Net Income 99.1m / Total Assets 1.73b)
RoE = 20.97% (Net Income TTM 99.1m / Total Stockholder Equity 472.9m)
RoCE = 16.59% (EBIT 163.4m / Capital Employed (Equity 472.9m + L.T.Debt 512.0m))
RoIC = 10.00% (NOPAT 116.2m / Invested Capital 1.16b)
WACC = 5.37% (E(4.98b)/V(5.54b) * Re(5.61%) + D(554.2m)/V(5.54b) * Rd(4.58%) * (1-Tc(0.29)))
Discount Rate = 5.61% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -20.30 | Cagr: 0.04%
[DCF] Terminal Value 73.13% ; FCFF base≈124.5m ; Y1≈109.4m ; Y5≈88.7m
[DCF] Fair Price = 10.05 (EV 1.42b - Net Debt 417.6m = Equity 1.01b / Shares 100.0m; r=8.35% [WACC [floored]]; 5y FCF grow -14.81% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -0.66 | # QB: 0
Revenue Correlation: 99.06 | Revenue CAGR: 18.79% | SUE: -0.02 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.30 | Chg30d=+3.45% | Revisions=+0% | Analysts=1
EPS current Year (2026-12-31): EPS=1.74 | Chg30d=+0.07% | Revisions=+12% | GrowthEPS=+22.5% | GrowthRev=+13.3%
EPS next Year (2027-12-31): EPS=2.19 | Chg30d=+1.43% | Revisions=-29% | GrowthEPS=+26.0% | GrowthRev=+17.7%
[Analyst] Revisions Ratio: -8% (up=4, down=5)