Draegerwerk AG & Co. KGaA (DRW3) AI Stock Analysis

• Market Cap: €1.17B
• Dividend Yield: 2.93%
• Average Volume (3M): 17.70K
• Price to Earnings (P/E): 10.6
• Beta (1Y): 0.43
• Revenue Growth: 0.51%
• EPS Growth: N/A
• Country: DE
• Employees: 15,444
• Sector: Healthcare
• Sector Strength: 41
• Industry: Medical - Devices
• EPS (TTM): N/A
• Shares Outstanding: 8,600,000
• 10 Day Avg. Volume: 17,693
• 30 Day Avg. Volume: 17,698
• PEG Ratio: -3.44
• Price to Book (P/B): 0.74
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 6.63
• 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: €78.25
• Price Target Upside: 11.63% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4

• Rating: 77 Outperform
• Price Target: €78.00 ▲(11.27%Upside)

Draegerwerk AG & Co. KGaA achieves a strong overall stock score due to robust technical analysis and attractive valuation. The financial performance is solid, but challenges in revenue growth and free cash flow limit the score.

Positive Factors

Earnings

Several one-time effects positively influenced earnings, contributing approximately €22m to EBIT.

Order Intake

The preliminary order intake increased by approximately 6.1%, particularly due to significant growth in the EMEA region.

Negative Factors

Net Sales

Dräger saw a decrease in net sales of 1.2%, mainly attributed to a weaker performance in the medical division.

US Tariff Policy

The potential impact of the US tariff policy on business development is currently unpredictable and not included in the forecast.

Draegerwerk AG & Co. KGaA Business Overview & Revenue Model

Company Description

Draegerwerk AG & Co. KGaA is a German-based company specializing in the fields of medical and safety technology. It operates primarily through two segments: the medical division and the safety division. The medical division provides solutions such as anesthesia workstations, ventilators for intensive care, emergency, and mobile ventilation units, as well as warming therapy equipment for infants. The safety division offers products and services related to personal protection, gas detection technology, and professional diving equipment. Draegerwerk serves a global customer base across various industries, including healthcare, industrial, mining, and emergency services.

How the Company Makes Money

Draegerwerk AG & Co. KGaA generates revenue through the sale of its medical and safety products, as well as through the provision of related services. The medical division earns income by supplying hospitals and healthcare facilities with critical care equipment such as ventilators and anesthesia machines, which are essential for patient care. The safety division contributes to the company's revenue by offering safety solutions like portable gas detection devices, respiratory protection equipment, and occupational safety training services. Draegerwerk's earnings are supported by long-term contracts and partnerships with healthcare institutions and industrial corporations, ensuring steady demand for its products and services. The company also invests in research and development to innovate and improve its offerings, thereby maintaining its competitiveness and market presence.

Draegerwerk AG & Co. KGaA Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
3.00B	3.37B	3.05B	3.33B	3.41B	2.78B
	Gross Profit
1.27B	1.46B	1.24B	1.54B	1.61B	1.19B
	EBIT
-45.05M	171.18M	-79.76M	280.89M	411.53M	84.27M
	EBITDA
107.02M	318.33M	62.63M	422.66M	520.22M	190.79M
	Net Income Common Stockholders
-63.28M	110.43M	-63.64M	154.23M	188.59M	33.35M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
211.70M	279.36M	306.67M	572.16M	639.08M	191.50M
	Total Assets
3.03B	3.09B	3.11B	3.18B	3.31B	2.57B
	Total Debt
285.94M	471.38M	361.95M	348.01M	370.75M	285.00M
	Net Debt
74.24M	199.43M	59.49M	-91.43M	-121.48M	96.57M
	Total Liabilities
1.59B	1.69B	1.79B	1.92B	2.27B	1.49B
	Stockholders Equity
1.43B	1.41B	1.32B	1.26B	1.03B	1.07B
Cash Flow		Free Cash Flow
-102.04M	121.47M	-231.09M	274.54M	345.04M	100.03M
	Operating Cash Flow
-2.25M	189.68M	-144.23M	384.89M	459.98M	164.42M
	Investing Cash Flow
-103.93M	-67.34M	36.83M	-109.92M	-263.08M	-62.07M
	Financing Cash Flow
-120.55M	-154.56M	-29.38M	-334.64M	114.25M	-87.87M

Draegerwerk AG & Co. KGaA Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 70.10
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:DRW3, the sentiment is Positive. The current price of 70.1 is above the 20-day moving average (MA) of 65.50, above the 50-day MA of 61.89, and above the 200-day MA of 51.17, indicating a bullish trend. The MACD of 2.57 indicates Negative momentum. The RSI at 80.11 is Negative, neither overbought nor oversold. The STOCH value of 92.91 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for DE:DRW3.

Draegerwerk AG & Co. KGaA Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DRW3	77 Outperform	€1.17B	10.57	8.06%	2.93%	0.51%	―
SHL	77 Outperform	€51.92B	24.94	11.14%	1.97%	5.83%	13.44%
FME	68 Neutral	€14.82B	23.97	4.37%	2.86%	0.10%	27.83%
AFX	64 Neutral	€5.30B	33.46	7.48%	1.01%	5.21%	-39.36%
COP	59 Neutral	€1.16B	33.07	5.26%	4.52%	-2.84%	-24.28%
Sector *	54 Neutral	$5.24B	3.27	-45.39%	2.80%	16.77%	-0.07%
EVT	48 Neutral	€1.24B	―	-20.51%	―	1.50%	-127.76%