Bertrandt (BDT) AI Stock Analysis

• Market Cap: €220.81M
• Dividend Yield: 1.14%
• Average Volume (3M): 6.63K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.73
• Revenue Growth: -11.16%
• EPS Growth: -463.07%
• Country: DE
• Employees: 13,605
• Sector: Industrials
• Sector Strength: 89
• Industry: Auto - Parts
• EPS (TTM): -1.63
• Shares Outstanding: 10,143,240
• 10 Day Avg. Volume: 3,099
• 30 Day Avg. Volume: 6,634
• PEG Ratio: 0.08
• Price to Book (P/B): 0.78
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 13.06
• 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: €25.00
• Price Target Upside: 16.82% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 55 Neutral
• Price Target: €21.00 ▼(-1.87%Downside)

The overall score is driven by financial performance challenges, particularly inconsistent revenue and profitability issues. Technical analysis and valuation also contribute to a lower score due to negative price trends and poor earnings metrics. Internal confidence shown by management's share purchases is a positive note, though overshadowed by sector volatility.

Bertrandt Business Overview & Revenue Model

Company Description

Bertrandt Aktiengesellschaft provides engineering services in Germany and internationally. The company operates through Digital Engineering, Physical Engineering, and Electrical Systems/Electronics segments. The Digital Engineering segments designs vehicle components for interior, exterior, powertrain, chassis, or body, as well as the development of complete vehicles, including numerical analysis. The Physical Engineering segment combines all the activities related to the validation of physical parts, components, systems, powertrains, and the vehicle. This segment also offers validation services that include cover testing, road tests, modelling, vehicle structure, rapid prototyping, and rapid tooling services. The Electrical Systems/Electronics segment develops electronic modules, such as batteries, e- drivetrains, onboard networks, as well as provides software development, simulated deployment, and autonomous driving services. It also engages in the testing, planning, project management, and CAD activities. The company serves automotive, aerospace, mechanical and plant engineering, electrical, energy, and medical engineering sectors. Bertrandt Aktiengesellschaft was founded in 1974 and is headquartered in Ehningen, Germany.

How the Company Makes Money

Bertrandt makes money primarily through its engineering and consulting services, which are tailored to the needs of its clients in sectors such as automotive, aerospace, and electronics. The company's revenue streams are largely derived from long-term contracts with major industry players, providing them with specialized expertise in areas such as product design, development, and testing. Additionally, Bertrandt collaborates with key partners and invests in R&D to enhance its service offerings and maintain competitive advantage. Significant partnerships with leading OEMs and suppliers further bolster its market position and contribute to its earnings.

Bertrandt Financial Statement Overview

Summary

Bertrandt faces challenges in revenue consistency and profitability, evidenced by negative net income and a decline in equity. However, a stable balance sheet and positive cash flow generation provide some resilience.

Income Statement

The company has experienced a mixed trajectory in recent years. Revenue growth has been inconsistent, with a decline in the latest year. The net profit margin has significantly worsened, evidenced by a negative net income in the most recent period, raising concerns about profitability. Gross profit margin remains strong, but the absence of EBIT in the latest report suggests operational challenges.

Balance Sheet

The balance sheet shows moderate stability. The debt-to-equity ratio has increased slightly, indicating a higher leverage risk. However, the equity ratio remains healthy, suggesting a solid asset base relative to liabilities. The decline in stockholders' equity over the past year is a concern, although total assets have remained fairly stable.

Cash Flow

Cash flow performance shows resilience with a positive free cash flow growth rate. The operating cash flow to net income ratio is strong, suggesting good cash generation relative to reported profits. There is a notable improvement in free cash flow despite challenging income statement results, indicating effective cash management.

Breakdown	TTM	Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020
Income Statement
Total Revenue	1.22B	1.19B	1.16B	1.01B	848.59M	915.19M
Gross Profit	1.06B	1.03B	1.02B	895.61M	771.17M	834.20M
EBITDA	94.66M	15.49M	105.87M	96.16M	74.56M	66.27M
Net Income	17.05M	-77.17M	30.44M	21.13M	6.91M	3.73M
Balance Sheet
Total Assets	0.00	879.54M	956.12M	956.05M	916.39M	945.46M
Cash, Cash Equivalents and Short-Term Investments	125.93M	122.31M	121.36M	165.57M	193.97M	190.39M
Total Debt	0.00	306.73M	314.64M	335.33M	347.99M	376.89M
Total Liabilities	0.00	515.80M	501.49M	524.20M	507.56M	542.03M
Stockholders Equity	453.97M	363.74M	454.63M	431.85M	408.83M	403.43M
Cash Flow
Free Cash Flow	0.00	57.58M	12.04M	25.90M	35.36M	71.88M
Operating Cash Flow	0.00	76.88M	38.46M	56.90M	73.66M	123.52M
Investing Cash Flow	0.00	-22.36M	-31.35M	-47.94M	-37.76M	-51.34M
Financing Cash Flow	0.00	-61.29M	-46.71M	-38.64M	-33.10M	24.09M

Bertrandt Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 21.40
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:BDT, the sentiment is Positive. The current price of 21.4 is above the 20-day moving average (MA) of 21.16, above the 50-day MA of 20.15, and above the 200-day MA of 20.54, indicating a bullish trend. The MACD of 0.14 indicates Negative momentum. The RSI at 54.44 is Neutral, neither overbought nor oversold. The STOCH value of 81.42 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for DE:BDT.

Bertrandt Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	59 Neutral	AU$1.64B	9.65	11.24%	3.67%	6.75%	3.18%
BDT	55 Neutral	€220.81M	―	-26.01%	1.14%	-11.16%	-463.07%
ED4	54 Neutral	€134.50M	8.20	-14.80%	10.22%	-6.39%	-181.07%
0MG5		€278.15M	―	-19.89%	2.94%	―	―
0OQX		€96.11M	―	-15.91%	―	―	―
0NHL		€93.12M	8.18	6.72%	5.12%	―	―
NVM	60 Neutral	€178.58M	16.02	12.22%	8.87%	-14.80%	-67.71%

Bertrandt Corporate Events

Bertrandt AG Manager’s Share Purchase Highlights Internal Confidence

Bertrandt AG announced a manager’s transaction involving the purchase of shares by Michael Lücke, a member of the managing body. The transaction, executed outside a trading venue, involved purchasing shares at 19.00 EUR per share, totaling an aggregated volume of 6,308.00 EUR. This announcement highlights internal confidence in the company’s prospects and may impact stakeholder perceptions positively.

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.

Bertrandt AG Manager’s Share Purchase Signals Confidence

Bertrandt AG announced a series of share purchases by Michael Lücke, a member of its managing body, as part of a manager’s transaction under article 19 MAR. The transactions, which took place outside a trading venue, involved a total aggregated volume of 550,543.80 EUR at an average price of 20.66 EUR per share. This move reflects internal confidence in the company’s prospects and could influence investor sentiment positively.

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.

Bertrandt AG’s Supervisory Board Chairman Resigns

Bertrandt AG announced the resignation of Mr. Dietmar Bichler from his role as Chairman of the Supervisory Board, effective June 30, 2025. This change prompts the Supervisory Board and its Personnel Committee to initiate the process of selecting a successor, which could impact the company’s governance and strategic direction.

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.

Bertrandt AG Revises FY 2024/2025 Forecast Amid Automotive Sector Volatility

Bertrandt AG has revised its fiscal year 2024/2025 forecast due to volatile conditions in the automotive sector, now expecting a significant decline in total sales exceeding 10% compared to the previous year. Despite meeting market expectations for the first half of the year, the company anticipates continued challenges, with significant declines in digital and physical engineering sales, while electric/electronics sales are expected to rise moderately. The ‘Fit for Future’ earnings optimization program is underway, with expected savings of EUR 70-90 million per year to be fully realized by the 2025/2026 financial year.

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.

Bertrandt AG Announces Voting Rights Notification Amid Internal Restructuring

Bertrandt AG, headquartered in Ehningen, Germany, has announced a voluntary group notification due to a triggered threshold at the subsidiary level. The notification reveals that Dr. Ing. h.c. F. Porsche AG holds 28.97% of the voting rights in Bertrandt AG. This announcement is part of a group-internal restructuring, where a 100% interest in Ferdinand Alexander Porsche GmbH was transferred from Ferdinand Porsche Familien-Holding GmbH to Ferdinand Alexander Porsche Zweite GmbH.