BayWa AG (BYW) AI Stock Analysis

• Market Cap: €2.06B
• Dividend Yield: N/A
• Average Volume (3M): 185.00
• Price to Earnings (P/E): ―
• Beta (1Y): 0.39
• Revenue Growth: -11.67%
• EPS Growth: -1069.47%
• Country: DE
• Employees: 23,144
• Sector: Services
• Sector Strength: N/A
• Industry: Conglomerates
• EPS (TTM): N/A
• Shares Outstanding: 100,330,770
• 10 Day Avg. Volume: 111
• 30 Day Avg. Volume: 185
• PEG Ratio: >-0.01
• Price to Book (P/B): -1.45
• Price to Sales (P/S): 0.02
• P/FCF Ratio: 1.13
• 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: 52 Neutral
• Price Target: €16.50 ▲(2.80% Upside)

BayWa AG's overall stock score is primarily impacted by its weak financial performance, characterized by declining revenues and high leverage. Despite strong technical indicators suggesting bullish momentum, the overbought condition poses a risk of short-term correction. The negative P/E ratio and lack of dividend yield further detract from the stock's attractiveness.

Positive Factors

Diversified business model

BayWa's exposure across agriculture, renewables, building materials and logistics creates multiple revenue streams and reduces dependence on any single cyclical market. This structural diversification supports resilience in cash flow and demand over a 2–6 month horizon and aids cross-selling.

Global presence and market reach

A multi-region footprint provides scale advantages, diversified demand drivers and access to growth markets for renewables and agri-solutions. Structural geographic diversification helps smooth regional volatility and supports long-term contract and partnership opportunities.

Improving operating cash flow

Reported improvement in operating cash flow signals enhanced cash-generation capacity from core operations. Over the medium term this can fund working capital and selective capex for renewables, reducing reliance on external financing if improvements persist.

Negative Factors

Negative shareholders' equity and high leverage

Negative equity and extreme leverage materially weaken financial flexibility, elevate refinancing and covenant risks, and constrain investment room. Structurally this limits capacity to pursue growth projects or weather prolonged downturns without recapitalization.

Declining revenue and negative margins

Sustained revenue decline and negative operating and net margins point to structural margin pressure and competitive or cost challenges. This erodes retained earnings and the ability to self-fund strategic initiatives, reducing long-term earnings resilience.

Volatile free cash flow

Volatile free cash flow undermines reliable funding for capex and renewables projects and increases dependency on external funding. Coupled with high leverage, inconsistent FCF raises execution risk for multi-year investments and capital allocation plans.

BayWa AG Business Overview & Revenue Model

Company Description

BayWa Aktiengesellschaft provides wholesale, retail, logistics, and support and consultancy services in Germany and internationally. The company's Renewable Energies segment plans, manages, and constructs wind farms and solar park. It is also involved in the power production activities. Its Energy segment supplies heating oil, fuels, and lubricants, as well as wood pellets and heating solutions. This segment also offers solutions in electromobility, liquified natural gas, and digital mobility fields. The company's Cefetra Group segment trades in grains and oilseeds, starch products, rice and legumes, and organic products. Its Global Produce segment sells dessert pome fruits for wholesalers and retailers in the food industry; and supplies organic pome fruits. It also collects, sorts, stores, packages, and provides services for fruit customers. The company's Agri Trade & Service segment collects, sells, and services value chain stages for farms, as well as supplies seeds, fertilizers, crop protection products, and feedstuffs to farmers. Its Agricultural Equipment segment offers machinery, equipment, and systems for agriculture areas. It offers tractors, combine harvesters, versatile municipal vehicles, road sweeping vehicles, and mobile systems, as well as forklift trucks; wood splitting and chipping machinery, forest milling cutters and mulchers, cable winches, and road and path construction machinery; chainsaws and brush cutters; and maintenance and repair services for machinery and equipment. The company's Building Materials segment trades in building materials for construction companies, tradesmen, commercial enterprises, and municipalities, as well as private developers and homeowners. Its Innovation & Digitalisation segment develops and markets NEXT Farming OFFICE and NEXT Farming LIVE software solutions; and offers analysis and advisory services, as well as hardware components. The company was founded in 1923 and is headquartered in Munich, Germany.

How the Company Makes Money

BayWa AG generates revenue through multiple key streams. In the agricultural sector, the company earns income by selling seeds, fertilizers, crop protection products, and providing services related to farming and crop management. The renewable energy segment contributes significantly to revenue through the sale and installation of solar panels, wind turbines, and other clean energy solutions. In addition, BayWa's building materials division profits from the distribution of construction materials and products. The company also engages in logistics and trading operations, optimizing supply chains to enhance efficiency. Strategic partnerships and collaborations with local farmers, energy producers, and construction firms further bolster its revenue by expanding market access and enhancing service offerings.

BayWa AG Financial Statement Overview

Summary

BayWa AG faces significant financial challenges, with declining revenues, negative profitability margins, and a highly leveraged balance sheet. While there are some improvements in cash flow, the overall financial health is concerning, requiring strategic measures to stabilize and improve financial performance.

Income Statement

BayWa AG's income statement shows declining revenue with a negative revenue growth rate of -1.49% in the most recent year. The company also reported negative net profit and EBIT margins, indicating challenges in profitability. The gross profit margin has slightly decreased over the years, reflecting pressure on cost management.

Balance Sheet

The balance sheet reveals a concerning financial structure with a negative stockholders' equity, resulting in an extremely high and negative debt-to-equity ratio. This indicates significant leverage and potential financial instability. Return on equity is positive due to negative equity, but this is not a sustainable situation.

Cash Flow

Cash flow analysis shows some improvement in operating cash flow, but free cash flow remains volatile. The free cash flow to net income ratio is positive, suggesting some ability to generate cash relative to net income, but the overall cash flow position is weak due to historical negative free cash flows.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	17.46B	21.60B	23.99B	27.06B	19.84B	16.48B
Gross Profit	2.34B	2.71B	2.78B	2.81B	2.25B	1.92B
EBITDA	-384.20M	-137.50M	607.60M	851.50M	578.80M	467.10M
Net Income	-1.40B	-1.16B	-98.10M	168.10M	70.70M	35.90M
Balance Sheet
Total Assets	9.12B	10.85B	12.52B	13.90B	11.77B	8.95B
Cash, Cash Equivalents and Short-Term Investments	348.70M	776.60M	234.30M	222.70M	400.40M	169.60M
Total Debt	5.44B	5.71B	6.49B	6.28B	5.12B	4.17B
Total Liabilities	9.76B	10.82B	10.81B	11.99B	9.96B	7.79B
Stockholders Equity	-606.40M	-263.90M	876.70M	999.70M	1.01B	828.80M
Cash Flow
Free Cash Flow	-340.00M	340.30M	-86.60M	-716.30M	-822.60M	342.80M
Operating Cash Flow	-211.40M	941.50M	455.00M	-337.20M	-583.60M	674.80M
Investing Cash Flow	14.80M	-352.00M	-378.70M	-293.20M	-197.20M	-251.50M
Financing Cash Flow	273.60M	-436.00M	-61.00M	451.50M	1.01B	-482.60M

BayWa AG Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 16.05
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:BYW, the sentiment is Neutral. The current price of 16.05 is below the 20-day moving average (MA) of 17.14, above the 50-day MA of 15.88, and above the 200-day MA of 10.48, indicating a neutral trend. The MACD of 0.13 indicates Positive momentum. The RSI at 48.59 is Neutral, neither overbought nor oversold. The STOCH value of 27.50 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for DE:BYW.

BayWa AG Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FPE	70 Outperform	€4.63B	13.87	16.00%	3.91%	1.42%	-0.40%
EKT	60 Neutral	€503.82M	14.52	17.69%	1.48%	-51.12%	-53.26%
VBK	58 Neutral	€1.59B	-13.35	-14.66%	1.02%	8.65%	-379.83%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
BYW	52 Neutral	€2.06B	-0.91	―	―	-11.67%	-1069.47%
F3C	49 Neutral	€240.21M	-651.89	-0.27%	―	5.15%	-101.58%