R3NK Stock Analysis: Renk | XETRA
Aerospace & Defense | XETRA, Germany | Market Cap: 4.680m EUR | 12M Return: -39.4% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 32.1M
Qual. Beats: -1
Rev. Trend: 99.5%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 2.4 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: 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 25.18%; Δ -0.20% > 0.5%) |
| Asset Turnover: 82.15% > 50% (prev 73.96%; Δ 8.19% > 0%) |
| Interest Coverage Ratio: 6.86 > 6 (EBIT TTM 166.0m / 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: 0.41 (Book Value of Equity 506.8m / Total Liabilities 1.25b) |
| Altman-Z'' = 3.43 = A |
| DSRI: 1.19 (Receivables 415.9m/297.6m, Revenue 1.38b/1.18b) |
| GMI: 1.01 (GM 25.18% / 24.99%) |
| 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 = -2.86 (Cap -4..+1) = A |
As of July 10, 2026, the stock is trading at EUR 43.72 with a total of 736,768 shares traded. Over the past week, the price has changed by -7.50%, over one month by -14.24%, over three months by -18.43% and over the past year by -39.39%.
Current recommended Stop Loss: 40.10 (which is 8.3% or 1.4 ATR below the current price).
Renk has no consensus analysts rating.
P/E Trailing = 41.0526
P/E Forward = 55.2486
P/S = 3.3983
P/B = 8.7687
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 = 5.08b EUR (4.68b + Debt 550.7m - CCE 152.9m)
Interest Coverage Ratio = 6.86 (Ebit TTM 166.0m / Interest Expense TTM 24.2m)
EV/FCF = 45.04x (Enterprise Value 5.08b / FCF TTM 112.7m)
FCF Yield = 2.22% (FCF TTM 112.7m / Enterprise Value 5.08b)
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 = 2.88 (Enterprise Value 5.08b / Total Assets 1.76b)
Interest Expense / Debt = 4.39% (Interest Expense 24.2m / Debt 550.7m)
Taxrate = 19.05% (27.3m / 143.2m)
NOPAT = 134.4m (EBIT 166.0m * (1 - 19.05%))
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 = 11.64% (NOPAT 134.4m / Invested Capital 1.15b)
WACC = 5.91% (E(4.68b)/V(5.23b) * Re(6.19%) + D(550.7m)/V(5.23b) * Rd(4.39%) * (1-Tc(0.19)))
Discount Rate = 6.19% (= 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=+25% | Analysts=1
EPS next Quarter (2026-09-30): EPS=0.29 | Chg30d=N/A | Revisions=+0% | Analysts=1
EPS current Year (2026-12-31): EPS=1.74 | Chg30d=+0.00% | Revisions=+38% | GrowthEPS=+22.4% | GrowthRev=+14.0%
EPS next Year (2027-12-31): EPS=2.16 | Chg30d=+0.00% | Revisions=+29% | GrowthEPS=+24.5% | GrowthRev=+16.5%
[Analyst] Revisions Ratio: +46% (up=8, down=2)