(TKMS) TKMS KGaA - Overview
Sector: Industrials | Industry: Aerospace & Defense | Exchange: XETRA (Germany) | Market Cap: 5.037m EUR | Total Return: 5.1% in 12m
Avg Turnover: 11.0M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
TKMS AG & Co KGaA, a subsidiary of thyssenkrupp AG, is a Kiel-based maritime defense firm specializing in non-nuclear submarines and naval surface vessels. The company operates through three primary segments: Submarines, Surface Vessels, and Atlas Electronics, providing end-to-end solutions ranging from design and manufacturing to integrated sensor systems and underwater weaponry. Its client base primarily consists of NATO members and strategic partner nations.
The naval defense sector is characterized by high barriers to entry due to the complex engineering required for stealth and sonar technologies. Unlike commercial shipbuilding, this business model relies on long-term government contracts and multi-year service agreements that provide high visibility for future maintenance and logistics revenue.
For a detailed breakdown of the companys financial health, you may find further insights on ValueRay.
- German defense budget increases drive long-term submarine and frigate order backlogs
- High energy and raw material costs impact naval vessel production margins
- Potential spin-off or sale by Thyssenkrupp influences equity valuation and structure
- Geopolitical tensions in Europe and Middle East accelerate maritime defense procurement
- Export permit approvals for non-NATO allies dictate international revenue growth potential
As of May 26, 2026, the stock is trading at EUR 82.50 with a total of 82,588 shares traded.
Over the past week, the price has changed by +15.55%,
over one month by +3.13%,
over three months by -12.19% and
over the past year by +5.10%.
TKMS KGaA has no consensus analysts rating.
P/E Trailing = 52.1711
P/E Forward = 37.594
P/S = 2.21
P/B = 4.9835
Revenue TTM = 2.21b EUR
EBIT TTM = 123.6m EUR
EBITDA TTM = 202.7m EUR
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = 32.0m EUR (Leases only: 32.0m)
Net Debt = -1.32b EUR (calculated: Debt 32.0m - CCE 1.35b)
Enterprise Value = 3.72b EUR (5.04b + Debt 32.0m - CCE 1.35b)
Interest Coverage Ratio = 3.91 (Ebit TTM 123.6m / Interest Expense TTM 31.6m)
EV/FCF = -10.87x (Enterprise Value 3.72b / FCF TTM -342.1m)
FCF Yield = -9.20% (FCF TTM -342.1m / Enterprise Value 3.72b)
FCF Margin = -15.50% (FCF TTM -342.1m / Revenue TTM 2.21b)
Net Margin = 3.32% (Net Income TTM 73.2m / Revenue TTM 2.21b)
Gross Margin = 18.05% ((Revenue TTM 2.21b - Cost of Revenue TTM 1.81b) / Revenue TTM)
Gross Margin QoQ = 18.11% (prev 17.43%)
Tobins Q-Ratio = unknown (Enterprise Value 3.72b / Total Assets none)
Interest Expense / Debt = 98.82% (Interest Expense 31.6m / Debt 32.0m)
Taxrate = 31.43% (11.0m / 35.0m)
NOPAT = 84.7m (EBIT 123.6m * (1 - 31.43%))
Current Ratio = 0.88 (Total Current Assets 3.08b / Total Current Liabilities 3.50b)
Debt / Equity = 0.03 (Debt 32.0m / totalStockholderEquity, last quarter 1.01b)
Debt / EBITDA = -6.50 (Net Debt -1.32b / EBITDA 202.7m)
Debt / FCF = 3.85 (negative FCF - burning cash) (Net Debt -1.32b / FCF TTM -342.1m)
Total Stockholder Equity = -227.0m (from calculated bookValueOfEquity)
RoA = unknown (Net Income 73.2m / Total Assets none)
RoE = unknown (Net Income TTM 73.2m / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 123.6m / Capital Employed )
RoIC = 28.53% (NOPAT 84.7m / Invested Capital 297.0m)
WACC = 8.41% (E(5.04b)/V(5.07b) * Re(8.46%) + (debt cost/tax rate unavailable))
Discount Rate = 8.46% (= CAPM, Blume Beta Adj.)
Shares (yearly) Correlation: 100.0 | Cagr: 0.01%
[DCF] Fair Price = unknown (Cash Flow -342.1m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: N/A | # QB: 0
Revenue Correlation: N/A | Revenue CAGR: N/A | SUE: N/A | # QB: 0
EPS current Year (2026-09-30): EPS=2.17 | Chg30d=+2.76% | Revisions=-14% | GrowthEPS=+17.3% | GrowthRev=+5.5%
EPS next Year (2027-09-30): EPS=2.52 | Chg30d=+1.70% | Revisions=+14% | GrowthEPS=+24.4% | GrowthRev=+14.7%
[Analyst] Revisions Ratio: -14%