AMADEUS FIRE (AAD) AI Stock Analysis

• Market Cap: €211.31M
• Dividend Yield: 9.71%
• Average Volume (3M): 13.39K
• Price to Earnings (P/E): 33.6
• Beta (1Y): 0.58
• Revenue Growth: -16.09%
• EPS Growth: -82.13%
• Country: DE
• Employees: 3,690
• Sector: Industrials
• Sector Strength: 72
• Industry: Staffing & Employment Services
• EPS (TTM): -0.21
• Shares Outstanding: 5,432,157
• 10 Day Avg. Volume: 12,960
• 30 Day Avg. Volume: 13,393
• PEG Ratio: -0.80
• Price to Book (P/B): 2.68
• Price to Sales (P/S): 0.95
• P/FCF Ratio: 9.14
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €95.00
• Price Target Upside: 148.37% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 55 Neutral
• Price Target: €39.00 ▲(1.96% Upside)

Amadeus Fire's overall stock score is driven by its solid financial performance and attractive dividend yield, which are offset by bearish technical indicators and a high P/E ratio. The company's recent declines in revenue and cash flow growth rates present challenges, and the technical analysis suggests potential for further downside. Investors should be cautious and consider the stock's valuation and market momentum before making investment decisions.

Positive Factors

High gross and operating margins

Sustainably high gross margin and mid-single-digit EBIT margin suggest strong pricing power and efficient service delivery in staffing. These margins provide durable cash flow cushion, support reinvestment in sales and tech, and help the firm withstand cyclical demand swings over months.

Moderate leverage and solid equity metrics

A moderate debt load and positive ROE indicate a balanced capital structure that preserves financial flexibility. This enables sustainable dividend policy, targeted M&A or working capital support, and reduces refinancing risk through typical business cycles over the next several months.

Specialized, diversified staffing model

Focus on high-demand skills and multiple placement services creates diversified revenue streams and deep client relationships. Structural skill shortages in IT/engineering and recurring employer needs lend persistent demand, supporting steadier utilization and placement fees over time.

Negative Factors

Declining revenue trend

Material year-over-year revenue contraction signals weakening demand or loss of contracts. Persistent top-line declines erode scale and operating leverage, making margin maintenance harder and limiting reinvestment ability unless management reverses the trend with new client wins or service expansion.

Constrained cash conversion

Low operating cash conversion and falling FCF growth indicate profits are not fully translating into cash. Over several months this limits capacity for capex, M&A or steady dividends and increases sensitivity to working capital swings typical in staffing businesses.

Sharp EPS deterioration

Very large EPS decline reflects earnings volatility or one-off pressures that reduce predictability of profitability. Sustained EPS weakness undermines internal funding for growth and raises execution risk for strategic initiatives until earnings stability is restored.

AMADEUS FIRE Business Overview & Revenue Model

Company Description

Amadeus FiRe AG provides specialized personnel services in Germany. The company operates in two segments, Personnel Services and Training. It offers personnel services for professionals and executives in the fields of commerce, and IT. The company also provides training in preparation for state examinations for tax advisors and specialists, accountants, and financial controllers; professional training in the fields of tax, accounting, and financial control; and specialized training in IAS/IFRS and US-GAAP. In addition, it runs recognized private-sector certificate courses primarily designed to prepare participants for professional practice in the field of finance and accounting. Further, the company provides specialist temporary staffing, permanent placement, and interim and project management services. Amadeus FiRe AG was founded in 1986 and is headquartered in Frankfurt am Main, Germany.

How the Company Makes Money

AMADEUS FIRE generates revenue primarily through its staffing and recruitment services. The company earns money by charging clients a fee for placing candidates in temporary or permanent positions, which is typically a percentage of the candidate's salary or a flat fee for the service. Additionally, AMADEUS FIRE may offer consulting services that provide further revenue opportunities. The company benefits from ongoing partnerships with various businesses seeking skilled personnel, allowing it to maintain a steady influx of clients and candidates. Moreover, its ability to adapt to labor market trends and demands ensures a continuous stream of revenue from both employers and job seekers.

AMADEUS FIRE Financial Statement Overview

Summary

Amadeus Fire demonstrates a solid financial foundation with strong profitability and a balanced capital structure. However, recent declines in revenue and cash flow growth rates highlight potential challenges in maintaining growth momentum. The company should focus on reversing the revenue decline and improving cash flow generation to sustain its financial health.

Income Statement

Amadeus Fire's income statement shows a mixed performance. The TTM data indicates a decline in revenue growth rate by 5.28%, which is concerning. However, the company maintains a healthy gross profit margin of 52.78% and a net profit margin of 4.19%. The EBIT and EBITDA margins are also reasonable at 8.01% and 15.65%, respectively. Despite the recent revenue decline, the company has historically shown strong profitability metrics.

Balance Sheet

The balance sheet reflects a stable financial position with a debt-to-equity ratio of 0.51, indicating moderate leverage. The return on equity (ROE) is 11.29%, suggesting efficient use of equity to generate profits. The equity ratio stands at 36.35%, which is a positive indicator of financial stability. Overall, the balance sheet shows a balanced approach to debt and equity financing.

Cash Flow

The cash flow statement reveals a slight decline in free cash flow growth by 4.35% in the TTM period. The operating cash flow to net income ratio is 0.22, and the free cash flow to net income ratio is 0.66, indicating that cash generation is somewhat constrained relative to net income. While cash flow metrics are not as strong as income statement and balance sheet metrics, they remain adequate for operational needs.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	376.43M	436.91M	442.36M	407.07M	372.37M	280.15M
Gross Profit	194.97M	236.42M	243.38M	216.39M	199.63M	136.71M
EBITDA	51.02M	83.63M	94.67M	91.90M	83.14M	58.88M
Net Income	6.09M	32.63M	40.44M	38.39M	34.05M	17.79M
Balance Sheet
Total Assets	362.83M	330.12M	359.05M	336.13M	343.89M	348.08M
Cash, Cash Equivalents and Short-Term Investments	7.49M	2.37M	9.89M	5.70M	11.59M	29.99M
Total Debt	64.42M	88.67M	91.47M	79.76M	121.36M	176.40M
Total Liabilities	230.16M	175.14M	207.54M	167.71M	203.56M	234.13M
Stockholders Equity	131.90M	154.28M	148.83M	166.34M	138.50M	112.53M
Cash Flow
Free Cash Flow	17.66M	45.24M	74.42M	76.99M	68.43M	33.87M
Operating Cash Flow	28.14M	52.98M	83.14M	83.89M	75.92M	40.68M
Investing Cash Flow	-30.99M	-7.68M	-8.67M	-6.30M	-7.38M	-13.43M
Financing Cash Flow	8.91M	-52.81M	-70.28M	-83.48M	-86.95M	-17.73M

AMADEUS FIRE Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 38.25
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:AAD, the sentiment is Negative. The current price of 38.25 is below the 20-day moving average (MA) of 41.31, below the 50-day MA of 42.97, and below the 200-day MA of 59.55, indicating a bearish trend. The MACD of -1.26 indicates Positive momentum. The RSI at 30.70 is Neutral, neither overbought nor oversold. The STOCH value of 16.22 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for DE:AAD.

AMADEUS FIRE Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IVU	76 Outperform	€363.11M	27.55	16.55%	1.34%	12.50%	10.93%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
AEIN	59 Neutral	€257.64M	-1,087.38	0.37%	2.51%	-26.34%	-101.49%
AAD	55 Neutral	€211.31M	33.62	12.28%	9.71%	-16.09%	-82.13%
BDT	45 Neutral	€194.23M	-3.61	-16.04%	1.38%	-17.63%	30.27%