Bechtle Aktiengesellschaft (BC8) AI Stock Analysis

• Market Cap: €3.71B
• Dividend Yield: 1.62%
• Average Volume (3M): 202.21K
• Price to Earnings (P/E): 24.0
• Beta (1Y): 1.33
• Revenue Growth: -0.50%
• EPS Growth: -13.97%
• Country: DE
• Employees: 15,729
• Sector: General
• Sector Strength: N/A
• Industry: Information Technology Services
• EPS (TTM): 0.68
• Shares Outstanding: 126,000,000
• 10 Day Avg. Volume: 192,276
• 30 Day Avg. Volume: 202,210
• PEG Ratio: -3.60
• Price to Book (P/B): 2.69
• Price to Sales (P/S): 0.86
• P/FCF Ratio: 34.42
• 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: €41.60
• Price Target Upside: 41.11% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 6
• EPS Forecast (FY): 1.98
• Revenue Forecast (FY): €6.80B

• Rating: 58 Neutral
• Price Target: €31.00 ▲(5.16% Upside)
• Action: Downgraded Date: 03/22/26
• Date: Action: Downgraded 03/22/26

The score is held back mainly by very weak technicals (price well below all major moving averages and bearish momentum) and inconsistent cash generation, while a solid balance sheet and generally stable earnings provide support; valuation is mixed with a moderate P/E partly offset by the dividend yield.

Positive Factors

Balance sheet strength

A solid balance sheet with improving leverage and a sizeable equity base gives Bechtle durable financial flexibility. This supports recurring investments in competence centers, working-capital swings tied to product commerce, and the ability to pursue opportunistic M&A without immediate refinancing stress.

Negative Factors

Cash flow volatility

Material volatility and a sharp FCF decline in 2025 reduce confidence in internal funding capacity. Inconsistent cash generation strains the ability to finance dividends, reinvestment, or acquisitions organically and raises the likelihood of higher working-capital needs or external financing during stress periods.

Bechtle Aktiengesellschaft Business Overview & Revenue Model

Company Description

Bechtle AG provides information technology (IT) services primarily in Europe. The company operates in two segments, IT System House & Managed Services, and IT E-Commerce. The IT System House & Managed Services segment offers IT strategy consulting...

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Bechtle AG provides information technology (IT) services primarily in Europe. The company operates in two segments, IT System House & Managed Services, and IT E-Commerce. The IT System House & Managed Services segment offers IT strategy consulting...

How the Company Makes Money

Bechtle makes money primarily by combining (1) project- and service-based IT system integration work with (2) product-centric IT commerce. A major revenue stream comes from selling IT products such as hardware, software, and associated accessories...

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Bechtle makes money primarily by combining (1) project- and service-based IT system integration work with (2) product-centric IT commerce. A major revenue stream comes from selling IT products such as hardware, software, and associated accessories...

Bechtle Aktiengesellschaft Financial Statement Overview

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	6.41B	6.31B	6.42B	6.03B	5.31B
Gross Profit	1.11B	1.14B	1.05B	1.05B	920.01M
EBITDA	444.25M	510.46M	515.82M	469.00M	430.14M
Net Income	229.21M	245.50M	265.51M	251.12M	231.45M
Balance Sheet
Total Assets	4.72B	4.22B	3.80B	3.45B	3.02B
Cash, Cash Equivalents and Short-Term Investments	452.03M	716.20M	465.76M	291.70M	433.18M
Total Debt	722.90M	812.25M	734.04M	523.15M	489.23M
Total Liabilities	2.66B	2.30B	2.06B	1.91B	1.67B
Stockholders Equity	2.05B	1.91B	1.74B	1.54B	1.35B
Cash Flow
Free Cash Flow	159.89M	469.49M	349.01M	34.95M	226.22M
Operating Cash Flow	280.91M	558.15M	450.19M	116.65M	284.49M
Investing Cash Flow	-265.86M	-206.27M	-282.55M	-224.32M	-42.94M
Financing Cash Flow	-277.36M	-145.97M	43.17M	-100.21M	-179.36M

Bechtle Aktiengesellschaft Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 29.48
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:BC8, the sentiment is Negative. The current price of 29.48 is below the 20-day moving average (MA) of 29.77, below the 50-day MA of 34.05, and below the 200-day MA of 38.02, indicating a bearish trend. The MACD of -1.54 indicates Negative momentum. The RSI at 44.01 is Neutral, neither overbought nor oversold. The STOCH value of 79.59 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for DE:BC8.

Bechtle Aktiengesellschaft Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
D6H	62 Neutral	€624.83M	24.56	13.51%	1.43%	7.30%	-15.88%
AEIN	59 Neutral	€198.40M	33.54	-0.18%	2.51%	-26.34%	-101.49%
COK	59 Neutral	€787.88M	29.11	5.18%	3.78%	-0.61%	-52.28%
BC8	58 Neutral	€3.71B	24.01	11.14%	1.62%	-0.50%	-13.97%
Sector *	55 Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
A1OS	55 Neutral	€179.35M	18.24	6.96%	3.99%	-1.50%	-37.05%
ADN1	54 Neutral	€362.32M	13.08	7.22%	0.85%	12.37%	196.11%