Bertrandt (BDT) AI Stock Analysis

• Market Cap: €182.91M
• Dividend Yield: 1.38%
• Average Volume (3M): 3.41K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.71
• Revenue Growth: -17.63%
• EPS Growth: 30.27%
• Country: DE
• Employees: 13,605
• Sector: Industrials
• Sector Strength: 72
• Industry: Auto - Parts
• EPS (TTM): -3.86
• Shares Outstanding: 10,143,240
• 10 Day Avg. Volume: 6,536
• 30 Day Avg. Volume: 3,411
• PEG Ratio: 0.11
• Price to Book (P/B): 0.61
• Price to Sales (P/S): 0.19
• P/FCF Ratio: 33.43
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 45 Neutral
• Price Target: €18.00 ▼(-1.32% Downside)

Bertrandt's overall stock score is primarily impacted by its challenging financial performance, with declining revenues and profitability, and liquidity concerns. The technical analysis further supports a bearish outlook with negative momentum indicators. The valuation is unattractive due to a negative P/E ratio, despite a modest dividend yield. Strategic improvements are needed to enhance financial health and investor confidence.

Positive Factors

Strategic Alliances

Strategic alliances enhance Bertrandt's capabilities and market reach, providing a durable competitive advantage and supporting long-term revenue streams.

Innovative Approach

The company's focus on innovation and tailored solutions strengthens its market position and attracts long-term partnerships, crucial for sustained growth in engineering services.

Diverse Revenue Streams

Diversified revenue streams from engineering, IT, and digitalization services reduce dependency on a single market, enhancing financial resilience and growth potential.

Negative Factors

Declining Revenue

Negative revenue growth indicates challenges in maintaining market share and competitiveness, potentially impacting long-term financial health and operational sustainability.

Negative Profit Margins

Sustained negative profit margins highlight operational inefficiencies and cost pressures, posing risks to profitability and requiring strategic improvements for recovery.

Liquidity Challenges

Liquidity challenges, as indicated by cash flow metrics, threaten Bertrandt's ability to meet short-term obligations and invest in growth opportunities, impacting financial stability.

Bertrandt Business Overview & Revenue Model

Company Description

Bertrandt AG is a leading engineering and consulting company headquartered in Germany, specializing in the automotive and aerospace industries. Founded in 1974, the company offers a wide range of services, including product development, testing, and optimization, as well as IT solutions and digitalization services. Bertrandt is known for its innovative approach in providing tailored solutions that enhance efficiency and quality in engineering processes, serving clients across Europe and beyond.

How the Company Makes Money

Bertrandt generates revenue primarily through engineering services and consulting in the automotive and aerospace sectors. Key revenue streams include project-based contracts for product development and testing, which often involve long-term partnerships with major automotive manufacturers and suppliers. The company also earns income from IT solutions and digitalization services that support clients in modernizing their operations. Additionally, Bertrandt benefits from strategic alliances and collaborations with industry players, enhancing its capabilities and market reach, which contribute significantly to its overall earnings.

Bertrandt Financial Statement Overview

Summary

Bertrandt is facing financial difficulties across its income statement, balance sheet, and cash flow. The company is experiencing declining revenues and profitability, with negative margins and growth rates. The balance sheet shows moderate leverage but negative returns on equity, while cash flow metrics indicate liquidity challenges. Strategic initiatives are necessary to improve operational efficiency, profitability, and cash generation to enhance financial health.

Income Statement

Bertrandt's income statement reveals a challenging financial period with declining revenue and profitability. The gross profit margin has significantly decreased from previous years, indicating cost pressures or pricing challenges. The net profit margin is negative, reflecting ongoing losses. Revenue growth has turned negative, suggesting a contraction in business activity. The EBIT and EBITDA margins are also negative, highlighting operational inefficiencies. Overall, the income statement suggests a need for strategic improvements to reverse the downward trend.

Balance Sheet

The balance sheet shows a moderate financial position with a debt-to-equity ratio close to 1, indicating a balanced approach to leveraging. However, the return on equity is negative, reflecting the company's inability to generate profits from shareholders' investments. The equity ratio is stable, suggesting a reasonable proportion of equity financing. While the balance sheet is not overly leveraged, the negative ROE is a concern for long-term sustainability.

Cash Flow

Cash flow analysis indicates a decline in free cash flow growth, which is concerning for future liquidity. The operating cash flow to net income ratio is low, suggesting inefficiencies in converting income into cash. The free cash flow to net income ratio is moderate, indicating some ability to generate cash despite net losses. Overall, the cash flow statement highlights liquidity challenges that need addressing to ensure financial stability.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.01B	976.52M	1.19B	1.16B	1.01B	848.59M
Gross Profit	882.70M	26.89M	1.03B	108.07M	895.61M	771.17M
EBITDA	-43.59M	17.87M	15.49M	105.87M	96.16M	74.56M
Net Income	-126.29M	-53.81M	-77.17M	30.44M	21.13M	6.91M
Balance Sheet
Total Assets	0.00	759.04M	879.54M	956.12M	956.05M	916.39M
Cash, Cash Equivalents and Short-Term Investments	115.54M	89.48M	122.31M	121.36M	161.56M	190.21M
Total Debt	0.00	291.55M	306.73M	314.64M	335.33M	347.99M
Total Liabilities	-347.20M	451.97M	515.80M	501.49M	524.20M	507.56M
Stockholders Equity	347.20M	307.07M	363.74M	454.63M	431.85M	408.83M
Cash Flow
Free Cash Flow	0.00	5.62M	57.58M	12.04M	25.90M	35.36M
Operating Cash Flow	0.00	13.76M	76.88M	38.46M	56.90M	73.66M
Investing Cash Flow	0.00	-7.54M	-22.36M	-31.35M	-47.94M	-37.76M
Financing Cash Flow	0.00	-33.99M	-61.29M	-46.71M	-38.64M	-33.10M

Bertrandt Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 18.24
• 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:BDT, the sentiment is Negative. The current price of 18.24 is below the 20-day moving average (MA) of 18.27, below the 50-day MA of 18.95, and below the 200-day MA of 20.07, indicating a bearish trend. The MACD of -0.09 indicates Negative momentum. The RSI at 44.69 is Neutral, neither overbought nor oversold. The STOCH value of 54.50 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for DE:BDT.

Bertrandt Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PWO	72 Outperform	€91.25M	8.01	7.17%	5.99%	-4.01%	-10.36%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
NVM	59 Neutral	€119.19M	6.81	19.67%	―	-9.08%	-34.48%
ED4	46 Neutral	€125.00M	-2.02	-47.18%	10.38%	-13.53%	-394.79%
GMM	46 Neutral	€80.46M	5.20	9.81%	―	-10.08%	―
ZIL2	46 Neutral	€274.98M	-2.35	-16.55%	3.51%	-6.21%	-995.53%
BDT	45 Neutral	€182.91M	-3.40	-16.04%	1.38%	-17.63%	30.27%

Bertrandt Corporate Events

Bertrandt AG Announces Change in Voting Rights Structure

Bertrandt AG has announced a change in its voting rights structure, with Union Investment Privatfonds GmbH adjusting its shareholding. The voting rights attached to shares have decreased from 5.01% to 4.52%, indicating a disposal of shares. This change could impact the company’s shareholder dynamics and influence its market positioning.

The most recent analyst rating on (DE:BDT) stock is a Hold with a EUR25.00 price target. To see the full list of analyst forecasts on Bertrandt stock, see the DE:BDT Stock Forecast page.