SFQ Stock Analysis: SAF-Holland SE | XETRA
Auto Parts | XETRA, Germany | Market Cap: 1.035m EUR | 12M Return: 66.3% | DE000SAFH001 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 2.19M
EPS Trend: -71.3%
Qual. Beats: 1
Rev. Trend: -89.5%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Seasonality 11.9 years of data, until 10/2026
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, ≥40 worth a closer look and ≥60 is strong.
SAF-Holland SE is a Germany-based supplier of chassis systems and components for trailers, trucks, semi-trailers, and buses. Its products include axles and suspensions, fifth wheels, couplings, landing gear, and braking systems, sold to original equipment manufacturers under brands such as SAF, Holland, and Haldex.
The company operates across Europe, the Middle East, Africa, the Americas, and Asia Pacific. As an automotive parts supplier, its business serves commercial-vehicle manufacturers and is linked to demand for new vehicles and related components. Founded in 1881, SAF-Holland is headquartered in Bessenbach, Germany.
- European and North American trailer production drives OEM revenue
- Aftermarket growth supports margins through freight-cycle downturns
- Haldex integration and cost savings lift operating margins
| Net Income: 69.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.09 > 0.02 and ΔFCF/TA 2.30 > 1.0 |
| NWC/Revenue: 30.56% < 20% (prev 16.80%; Δ 13.76% < -1%) |
| CFO/TA 0.11 > 3% & CFO 197.8m > Net Income 69.0m |
| Net Debt (606.9m) to EBITDA (227.7m): 2.67 < 3 |
| Current Ratio: 2.40 > 1.5 & < 3 |
| Outstanding Shares: last quarter (45.0m) vs 12m ago -1.60% < -2% |
| Gross Margin: 22.06% > 18% (prev 22.70%; Δ -0.64% > 0.5%) |
| Asset Turnover: 102.3% > 50% (prev 104.8%; Δ -2.53% > 0%) |
| Interest Coverage Ratio: 2.90 > 6 (EBIT TTM 141.7m / Interest Expense TTM 48.9m) |
| A: 0.31 (Total Current Assets 915.2m - Total Current Liabilities 380.9m) / Total Assets 1.74b |
| B: 0.16 (Retained Earnings 276.6m / Total Assets 1.74b) |
| C: 0.08 (EBIT TTM 141.7m / Avg Total Assets 1.71b) |
| D: 0.41 (Book Value of Equity 507.0m / Total Liabilities 1.24b) |
| Altman-Z'' = 3.51 = A |
| DSRI: 1.21 (Receivables 261.5m/217.5m, Revenue 1.75b/1.76b) |
| GMI: 1.03 (GM 22.70% / 22.06%) |
| AQI: 0.95 (AQ_t 0.27 / AQ_t-1 0.28) |
| SGI: 1.00 (Revenue 1.75b / 1.76b) |
| TATA: -0.07 (NI 69.0m - CFO 197.8m) / TA 1.74b) |
| Beneish M = -2.87 (Cap -4..+1) = A |
As of November 13, 2026, the stock is trading at EUR 23.20 with a total of 139,710 shares traded. Over the past week, the price has changed by +9.18%, over one month by +10.21%, over three months by +9.18% and over the past year by +66.30%.
Current recommended Stop Loss: 21.90 (which is 5.6% or 1.6 ATR below the current price).
SAF-Holland SE has no consensus analysts rating.
P/E Trailing = 13.8182
P/E Forward = 11.8483
P/S = 0.5789
P/B = 1.9101
P/EG = 0.7375
Revenue TTM = 1.75b EUR
EBIT TTM = 141.7m EUR
EBITDA TTM = 227.7m EUR
Long Term Debt = 648.8m EUR (from longTermDebt, last quarter)
Short Term Debt = 51.7m EUR (from shortTermDebt, last quarter)
Debt = 917.2m EUR (from shortLongTermDebtTotal, last quarter) + Leases 117.0m
Net Debt = 606.9m EUR (calculated: Debt 917.2m - CCE 310.3m)
Enterprise Value = 1.64b EUR (1.03b + Debt 917.2m - CCE 310.3m)
Interest Coverage Ratio = 2.90 (Ebit TTM 141.7m / Interest Expense TTM 48.9m)
EV/FCF = 10.70x (Enterprise Value 1.64b / FCF TTM 153.5m)
FCF Yield = 9.35% (FCF TTM 153.5m / Enterprise Value 1.64b)
FCF Margin = 8.78% (FCF TTM 153.5m / Revenue TTM 1.75b)
Net Margin = 3.94% (Net Income TTM 69.0m / Revenue TTM 1.75b)
Gross Margin = 22.06% ((Revenue TTM 1.75b - Cost of Revenue TTM 1.36b) / Revenue TTM)
Gross Margin QoQ = 22.65% (prev 22.14%)
Tobins Q-Ratio = 0.94 (Enterprise Value 1.64b / Total Assets 1.74b)
Interest Expense / Debt = 5.33% (Interest Expense 48.9m / Debt 917.2m)
Taxrate = 34.21% (35.9m / 104.8m)
NOPAT = 93.2m (EBIT 141.7m * (1 - 34.21%))
Current Ratio = 2.40 (Total Current Assets 915.2m / Total Current Liabilities 380.9m)
Debt / Equity = 1.81 (Debt 917.2m / totalStockholderEquity, last quarter 507.0m)
Debt / EBITDA = 2.67 (Net Debt 606.9m / EBITDA 227.7m)
Debt / FCF = 3.95 (Net Debt 606.9m / FCF TTM 153.5m)
Total Stockholder Equity = 498.1m (last 4 quarters mean from totalStockholderEquity)
RoA = 4.03% (Net Income 69.0m / Total Assets 1.74b)
RoE = 13.85% (Net Income TTM 69.0m / Total Stockholder Equity 498.1m)
RoCE = 12.36% (EBIT 141.7m / Capital Employed (Equity 498.1m + L.T.Debt 648.8m))
RoIC = 7.03% (NOPAT 93.2m / Invested Capital 1.33b)
WACC = 5.68% (E(1.03b)/V(1.95b) * Re(7.60%) + D(917.2m)/V(1.95b) * Rd(5.33%) * (1-Tc(0.34)))
Discount Rate = 7.60% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -30.52 | Cagr: -0.18%
[DCF] Terminal Value 77.97% ; FCFF base≈135.7m ; Y1≈155.5m ; Y5≈228.9m
[DCF] Fair Price = 62.50 (EV 3.44b - Net Debt 606.9m = Equity 2.84b / Shares 45.4m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -71.32 | EPS CAGR: -10.39% | SUE: 1.99 | # QB: 1
Revenue Correlation: -89.49 | Revenue CAGR: -7.83% | SUE: 0.02 | # QB: 0
EPS current Year (2026-12-31): EPS=2.09 | Chg30d=-2.77% | Revisions=-40% | GrowthEPS=+12.4% | GrowthRev=+5.1%
EPS next Year (2027-12-31): EPS=2.31 | Chg30d=-5.67% | Revisions=-40% | GrowthEPS=+10.2% | GrowthRev=+6.2%
[Analyst] Revisions Ratio: -57% (up=0, down=4)