RATIONAL AG (RAA.DE) Fundamental Analysis & Valuation
FRA:RAA • DE0007010803
Current stock price
684.5 EUR
+3.5 (+0.51%)
Last:
This RAA.DE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. RAA.DE Profitability Analysis
1.1 Basic Checks
- In the past year RAA was profitable.
- In the past year RAA had a positive cash flow from operations.
- In the past 5 years RAA has always been profitable.
- Each year in the past 5 years RAA had a positive operating cash flow.
1.2 Ratios
- RAA has a Return On Assets of 21.46%. This is amongst the best in the industry. RAA outperforms 99.07% of its industry peers.
- With an excellent Return On Equity value of 26.98%, RAA belongs to the best of the industry, outperforming 95.37% of the companies in the same industry.
- RAA has a better Return On Invested Capital (25.58%) than 96.30% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for RAA is significantly above the industry average of 8.73%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 21.46% | ||
| ROE | 26.98% | ||
| ROIC | 25.58% |
ROA(3y)21.91%
ROA(5y)20.43%
ROE(3y)28.11%
ROE(5y)26.46%
ROIC(3y)26.45%
ROIC(5y)24.72%
1.3 Margins
- RAA has a better Profit Margin (20.15%) than 100.00% of its industry peers.
- In the last couple of years the Profit Margin of RAA has grown nicely.
- With an excellent Operating Margin value of 26.40%, RAA belongs to the best of the industry, outperforming 99.07% of the companies in the same industry.
- In the last couple of years the Operating Margin of RAA has grown nicely.
- Looking at the Gross Margin, with a value of 59.02%, RAA belongs to the top of the industry, outperforming 82.41% of the companies in the same industry.
- RAA's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26.4% | ||
| PM (TTM) | 20.15% | ||
| GM | 59.02% |
OM growth 3Y4.44%
OM growth 5Y8.21%
PM growth 3Y3.52%
PM growth 5Y10.33%
GM growth 3Y2.21%
GM growth 5Y1.26%
2. RAA.DE Health Analysis
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so RAA is creating value.
- RAA has about the same amout of shares outstanding than it did 1 year ago.
- RAA has about the same amout of shares outstanding than it did 5 years ago.
- RAA has a better debt/assets ratio than last year.
2.2 Solvency
- RAA has an Altman-Z score of 22.94. This indicates that RAA is financially healthy and has little risk of bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 22.94, RAA belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
- RAA has a debt to FCF ratio of 0.12. This is a very positive value and a sign of high solvency as it would only need 0.12 years to pay back of all of its debts.
- The Debt to FCF ratio of RAA (0.12) is better than 97.22% of its industry peers.
- RAA has a Debt/Equity ratio of 0.02. This is a healthy value indicating a solid balance between debt and equity.
- RAA has a Debt to Equity ratio of 0.02. This is amongst the best in the industry. RAA outperforms 93.52% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.12 | ||
| Altman-Z | 22.94 |
ROIC/WACC3.44
WACC7.43%
2.3 Liquidity
- A Current Ratio of 4.48 indicates that RAA has no problem at all paying its short term obligations.
- RAA has a better Current ratio (4.48) than 94.44% of its industry peers.
- RAA has a Quick Ratio of 3.86. This indicates that RAA is financially healthy and has no problem in meeting its short term obligations.
- With an excellent Quick ratio value of 3.86, RAA belongs to the best of the industry, outperforming 96.30% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.48 | ||
| Quick Ratio | 3.86 |
3. RAA.DE Growth Analysis
3.1 Past
- RAA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 16.01%, which is quite good.
- RAA shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 7.89% yearly.
- Looking at the last year, RAA shows a small growth in Revenue. The Revenue has grown by 5.53% in the last year.
- The Revenue has been growing slightly by 7.19% on average over the past years.
EPS 1Y (TTM)16.01%
EPS 3Y26.47%
EPS 5Y7.89%
EPS Q2Q%-4.84%
Revenue 1Y (TTM)5.53%
Revenue growth 3Y15.25%
Revenue growth 5Y7.19%
Sales Q2Q%7.22%
3.2 Future
- RAA is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 5.66% yearly.
- RAA is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.74% yearly.
EPS Next Y0.66%
EPS Next 2Y4.08%
EPS Next 3Y5.6%
EPS Next 5Y5.66%
Revenue Next Year5.25%
Revenue Next 2Y6.34%
Revenue Next 3Y6.73%
Revenue Next 5Y6.74%
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. RAA.DE Valuation Analysis
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 31.07, the valuation of RAA can be described as expensive.
- The rest of the industry has a similar Price/Earnings ratio as RAA.
- When comparing the Price/Earnings ratio of RAA to the average of the S&P500 Index (27.53), we can say RAA is valued inline with the index average.
- With a Price/Forward Earnings ratio of 28.68, RAA can be considered very expensive at the moment.
- RAA's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. RAA is more expensive than 68.52% of the companies in the same industry.
- RAA's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 37.95.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.07 | ||
| Fwd PE | 28.68 |
4.2 Price Multiples
- RAA's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. RAA is more expensive than 70.37% of the companies in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of RAA is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 35.48 | ||
| EV/EBITDA | 18.57 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- RAA has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)47.06
PEG (5Y)3.94
EPS Next 2Y4.08%
EPS Next 3Y5.6%
5. RAA.DE Dividend Analysis
5.1 Amount
- RAA has a Yearly Dividend Yield of 2.36%. Purely for dividend investing, there may be better candidates out there.
- Compared to an average industry Dividend Yield of 1.58, RAA pays a bit more dividend than its industry peers.
- RAA's Dividend Yield is a higher than the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.36% |
5.2 History
- On average, the dividend of RAA grows each year by 21.35%, which is quite nice.
Dividend Growth(5Y)21.35%
Div Incr Years2
Div Non Decr Years5
5.3 Sustainability
- 67.19% of the earnings are spent on dividend by RAA. This is not a sustainable payout ratio.
- RAA's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP67.19%
EPS Next 2Y4.08%
EPS Next 3Y5.6%
RAA.DE Fundamentals: All Metrics, Ratios and Statistics
FRA:RAA (4/16/2026, 7:00:00 PM)
684.5
+3.5 (+0.51%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)03-19 2026-03-19/amc
Earnings (Next)05-06 2026-05-06
Inst Owners28.14%
Inst Owner ChangeN/A
Ins Owners23.4%
Ins Owner ChangeN/A
Market Cap7.78B
Revenue(TTM)1.26B
Net Income(TTM)253.85M
Analysts76.36
Price Target806.94 (17.89%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.36% |
Yearly Dividend15
Dividend Growth(5Y)21.35%
DP67.19%
Div Incr Years2
Div Non Decr Years5
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)1.05%
Min Revenue beat(2)-0.28%
Max Revenue beat(2)2.38%
Revenue beat(4)2
Avg Revenue beat(4)-0.13%
Min Revenue beat(4)-2.64%
Max Revenue beat(4)2.38%
Revenue beat(8)4
Avg Revenue beat(8)-0.27%
Revenue beat(12)6
Avg Revenue beat(12)0.1%
Revenue beat(16)10
Avg Revenue beat(16)0.87%
PT rev (1m)1.17%
PT rev (3m)5.21%
EPS NQ rev (1m)-0.24%
EPS NQ rev (3m)-3.83%
EPS NY rev (1m)0.55%
EPS NY rev (3m)0.71%
Revenue NQ rev (1m)-0.94%
Revenue NQ rev (3m)-2.55%
Revenue NY rev (1m)0.15%
Revenue NY rev (3m)0.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.07 | ||
| Fwd PE | 28.68 | ||
| P/S | 6.18 | ||
| P/FCF | 35.48 | ||
| P/OCF | 30.75 | ||
| P/B | 8.27 | ||
| P/tB | 8.42 | ||
| EV/EBITDA | 18.57 |
EPS(TTM)22.03
EY3.22%
EPS(NY)23.86
Fwd EY3.49%
FCF(TTM)19.29
FCFY2.82%
OCF(TTM)22.26
OCFY3.25%
SpS110.78
BVpS82.74
TBVpS81.34
PEG (NY)47.06
PEG (5Y)3.94
Graham Number202.519 (-70.41%)
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 21.46% | ||
| ROE | 26.98% | ||
| ROCE | 33.81% | ||
| ROIC | 25.58% | ||
| ROICexc | 57.5% | ||
| ROICexgc | 59.68% | ||
| OM | 26.4% | ||
| PM (TTM) | 20.15% | ||
| GM | 59.02% | ||
| FCFM | 17.42% |
ROA(3y)21.91%
ROA(5y)20.43%
ROE(3y)28.11%
ROE(5y)26.46%
ROIC(3y)26.45%
ROIC(5y)24.72%
ROICexc(3y)55.86%
ROICexc(5y)50.87%
ROICexgc(3y)58.45%
ROICexgc(5y)53.07%
ROCE(3y)34.97%
ROCE(5y)32.67%
ROICexgc growth 3Y5.04%
ROICexgc growth 5Y15.5%
ROICexc growth 3Y5.31%
ROICexc growth 5Y15.15%
OM growth 3Y4.44%
OM growth 5Y8.21%
PM growth 3Y3.52%
PM growth 5Y10.33%
GM growth 3Y2.21%
GM growth 5Y1.26%
F-Score4
Asset Turnover1.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.12 | ||
| Debt/EBITDA | 0.05 | ||
| Cap/Depr | 91.06% | ||
| Cap/Sales | 2.68% | ||
| Interest Coverage | 238.73 | ||
| Cash Conversion | 68.48% | ||
| Profit Quality | 86.42% | ||
| Current Ratio | 4.48 | ||
| Quick Ratio | 3.86 | ||
| Altman-Z | 22.94 |
F-Score4
WACC7.43%
ROIC/WACC3.44
Cap/Depr(3y)93.93%
Cap/Depr(5y)97.44%
Cap/Sales(3y)2.8%
Cap/Sales(5y)3.07%
Profit Quality(3y)97.11%
Profit Quality(5y)95.16%
High Growth Momentum
Growth
EPS 1Y (TTM)16.01%
EPS 3Y26.47%
EPS 5Y7.89%
EPS Q2Q%-4.84%
EPS Next Y0.66%
EPS Next 2Y4.08%
EPS Next 3Y5.6%
EPS Next 5Y5.66%
Revenue 1Y (TTM)5.53%
Revenue growth 3Y15.25%
Revenue growth 5Y7.19%
Sales Q2Q%7.22%
Revenue Next Year5.25%
Revenue Next 2Y6.34%
Revenue Next 3Y6.73%
Revenue Next 5Y6.74%
EBIT growth 1Y5.64%
EBIT growth 3Y11.97%
EBIT growth 5Y23.53%
EBIT Next Year19.22%
EBIT Next 3Y11.51%
EBIT Next 5Y10.9%
FCF growth 1Y-12.75%
FCF growth 3Y21.13%
FCF growth 5Y29.91%
OCF growth 1Y-10.59%
OCF growth 3Y16.36%
OCF growth 5Y22.25%
RATIONAL AG / RAA.DE Fundamental Analysis FAQ
Can you provide the ChartMill fundamental rating for RATIONAL AG?
ChartMill assigns a fundamental rating of 7 / 10 to RAA.DE.
What is the valuation status for RAA stock?
ChartMill assigns a valuation rating of 2 / 10 to RATIONAL AG (RAA.DE). This can be considered as Overvalued.
What is the profitability of RAA stock?
RATIONAL AG (RAA.DE) has a profitability rating of 9 / 10.
Can you provide the PE and PB ratios for RAA stock?
The Price/Earnings (PE) ratio for RATIONAL AG (RAA.DE) is 31.07 and the Price/Book (PB) ratio is 8.27.
Can you provide the financial health for RAA stock?
The financial health rating of RATIONAL AG (RAA.DE) is 10 / 10.