(WAC) Wacker Neuson SE - Overview
Sector: Industrials | Industry: Farm & Heavy Construction Machinery | Exchange: XETRA (Germany) | Market Cap: 1.235m EUR | Total Return: -15.1% in 12m
Avg Turnover: 1.02M
EPS Trend: -82.3%
Rev. Trend: -81.9%
Warnings
Choppy Below Avwap Earnings
Tailwinds
No distinct edge detected
Wacker Neuson SE is a Munich-based manufacturer specializing in light and compact equipment for the construction, agriculture, and landscaping sectors. The company operates through three primary segments: Light Equipment, Compact Equipment, and Services, distributing products under several brands including Kramer and Weidemann. Its portfolio includes battery-powered rammers, excavators, wheel loaders, and telehandlers, alongside a comprehensive service suite covering maintenance, financing, and digital telematics.
The company operates within the cyclical construction machinery industry, where demand is heavily influenced by global infrastructure spending and residential building activity. Its business model integrates a multi-brand strategy to target diverse end-markets, such as the municipal and recycling industries, while increasingly focusing on zero-emission electric machinery to meet tightening environmental regulations.
Investors can further evaluate the companys valuation and fundamental trends on ValueRay. Wacker Neuson’s extensive dealer network and aftermarket parts business provide a recurring revenue stream that helps mitigate the volatility inherent in new equipment sales cycles.
- European construction activity slowdown pressures core compact equipment revenue
- High interest rates dampen agricultural and municipal capital expenditure demand
- Rental fleet utilization rates dictate secondary market used equipment pricing
- Raw material and logistics costs impact manufacturing margins for light machinery
- Battery-powered product adoption scales high-margin zero-emission equipment segment revenue
| Net Income: 101.1m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.08 > 0.02 and ΔFCF/TA -1.92 > 1.0 |
| NWC/Revenue: 21.06% < 20% (prev 21.17%; Δ -0.11% < -1%) |
| CFO/TA 0.09 > 3% & CFO 236.3m > Net Income 101.1m |
| Net Debt (425.0m) to EBITDA (265.8m): 1.60 < 3 |
| Current Ratio: 1.79 > 1.5 & < 3 |
| Outstanding Shares: last quarter (68.0m) vs 12m ago -2.84% < -2% |
| Gross Margin: 23.52% > 18% (prev 0.23%; Δ 2.33k% > 0.5%) |
| Asset Turnover: 92.33% > 50% (prev 84.97%; Δ 7.36% > 0%) |
| Interest Coverage Ratio: 4.10 > 6 (EBITDA TTM 265.8m / Interest Expense TTM 39.8m) |
| A: 0.19 (Total Current Assets 1.11b - Total Current Liabilities 617.5m) / Total Assets 2.51b |
| B: 0.37 (Retained Earnings 933.5m / Total Assets 2.51b) |
| C: 0.07 (EBIT TTM 163.3m / Avg Total Assets 2.51b) |
| D: 1.67 (Book Value of Equity 1.60b / Total Liabilities 958.6m) |
| Altman-Z'' = 4.68 = AA |
| DSRI: 1.10 (Receivables 355.2m/297.6m, Revenue 2.32b/2.14b) |
| GMI: 0.97 (GM 23.52% / 22.83%) |
| AQI: 0.97 (AQ_t 0.23 / AQ_t-1 0.23) |
| SGI: 1.08 (Revenue 2.32b / 2.14b) |
| TATA: -0.05 (NI 101.1m - CFO 236.3m) / TA 2.51b) |
| Beneish M = -2.99 (Cap -4..+1) = A |
As of May 27, 2026, the stock is trading at EUR 18.48 with a total of 40,278 shares traded.
Over the past week, the price has changed by +2.44%,
over one month by +0.05%,
over three months by -7.74% and
over the past year by -15.09%.
Wacker Neuson SE has no consensus analysts rating.
P/E Trailing = 20.1778
P/E Forward = 10.6724
P/S = 0.5332
P/B = 0.789
P/EG = 0.3921
Revenue TTM = 2.32b EUR
EBIT TTM = 163.3m EUR
EBITDA TTM = 265.8m EUR
Long Term Debt = 109.6m EUR (from longTermDebt, last fiscal year)
Short Term Debt = 141.4m EUR (from shortTermDebt, last quarter)
Debt = 456.7m EUR (from shortLongTermDebtTotal, last quarter) + Leases 114.6m
Net Debt = 425.0m EUR (calculated: Debt 456.7m - CCE 31.7m)
Enterprise Value = 1.66b EUR (1.24b + Debt 456.7m - CCE 31.7m)
Interest Coverage Ratio = 4.10 (Ebit TTM 163.3m / Interest Expense TTM 39.8m)
EV/FCF = 8.75x (Enterprise Value 1.66b / FCF TTM 189.7m)
FCF Yield = 11.43% (FCF TTM 189.7m / Enterprise Value 1.66b)
FCF Margin = 8.19% (FCF TTM 189.7m / Revenue TTM 2.32b)
Net Margin = 4.36% (Net Income TTM 101.1m / Revenue TTM 2.32b)
Gross Margin = 23.52% ((Revenue TTM 2.32b - Cost of Revenue TTM 1.77b) / Revenue TTM)
Gross Margin QoQ = 23.57% (prev 22.78%)
Tobins Q-Ratio = 0.66 (Enterprise Value 1.66b / Total Assets 2.51b)
Interest Expense / Debt = 8.71% (Interest Expense 39.8m / Debt 456.7m)
Taxrate = 29.57% (11.8m / 39.9m)
NOPAT = 115.0m (EBIT 163.3m * (1 - 29.57%))
Current Ratio = 1.79 (Total Current Assets 1.11b / Total Current Liabilities 617.5m)
Debt / Equity = 0.30 (Debt 456.7m / totalStockholderEquity, last quarter 1.55b)
Debt / EBITDA = 1.60 (Net Debt 425.0m / EBITDA 265.8m)
Debt / FCF = 2.24 (Net Debt 425.0m / FCF TTM 189.7m)
Total Stockholder Equity = 1.51b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.03% (Net Income 101.1m / Total Assets 2.51b)
RoE = 6.71% (Net Income TTM 101.1m / Total Stockholder Equity 1.51b)
RoCE = 10.11% (EBIT 163.3m / Capital Employed (Equity 1.51b + L.T.Debt 109.6m))
RoIC = 5.71% (NOPAT 115.0m / Invested Capital 2.02b)
WACC = 6.85% (E(1.24b)/V(1.69b) * Re(7.11%) + D(456.7m)/V(1.69b) * Rd(8.71%) * (1-Tc(0.30)))
Discount Rate = 7.11% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 5.44 | Cagr: 0.0%
[DCF] Terminal Value 73.10% ; FCFF base≈209.3m ; Y1≈183.5m ; Y5≈148.3m
[DCF] Fair Price = 28.74 (EV 2.38b - Net Debt 425.0m = Equity 1.95b / Shares 68.0m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: -82.29 | EPS CAGR: -32.89% | SUE: N/A | # QB: 0
Revenue Correlation: -81.90 | Revenue CAGR: -7.54% | SUE: N/A | # QB: 0
EPS current Year (2026-12-31): EPS=1.51 | Chg30d=-10.45% | Revisions=-33% | GrowthEPS=+32.7% | GrowthRev=+5.2%
EPS next Year (2027-12-31): EPS=2.04 | Chg30d=-11.65% | Revisions=-33% | GrowthEPS=+34.6% | GrowthRev=+9.7%
[Analyst] Revisions Ratio: -33%