tiprankstipranks
MATERNUS-Kliniken AG (DE:MAK)
XETRA:MAK
Want to see DE:MAK full AI Analyst Report?

MATERNUS-Kliniken AG (MAK) AI Stock Analysis

2 Followers

Top Page

DE:MAK

MATERNUS-Kliniken AG

(XETRA:MAK)

Select Model
Select Model
Select Model
Neutral 43 (OpenAI - 5.2)
Rating:43Neutral
Price Target:
€0.95
▼(-3.47% Downside)
Action:Reiterated
Date:06/25/26
The score is weighed down primarily by weak financial performance—especially negative equity, high leverage, and ongoing losses despite positive free cash flow. Technicals add additional pressure given a negative MACD and price below key longer-term moving averages. Valuation provides limited support due to a negative P/E and no dividend yield data.
Positive Factors
Positive free cash flow
Consistent positive operating cash flow and improving free cash flow provide durable internal funding for working capital, maintenance capex and debt servicing. Over months this reduces immediate refinancing pressure and supports operational continuity despite weak equity.
Negative Factors
Negative shareholders' equity
A materially negative equity base signals an impaired capital structure and limits financial flexibility. Over months this raises the likelihood of covenant breaches, need for equity injections or restructurings and reduces buffer against shocks or further operating volatility.
Read all positive and negative factors
Positive Factors
Negative Factors
Positive free cash flow
Consistent positive operating cash flow and improving free cash flow provide durable internal funding for working capital, maintenance capex and debt servicing. Over months this reduces immediate refinancing pressure and supports operational continuity despite weak equity.
Read all positive factors

MATERNUS-Kliniken AG (MAK) vs. iShares MSCI Germany ETF (EWG)

MATERNUS-Kliniken AG Business Overview & Revenue Model

Company Description
Maternus-Kliniken AG oversees a network of facilities that includes retirement and nursing residences, rehabilitation centers, and a variety of specialized service companies. This enterprise primarily focuses on delivering geriatric care and medic...
How the Company Makes Money
MATERNUS-Kliniken AG primarily generates revenue by providing long-term care services within its senior-care facilities. Key revenue streams typically include recurring payments for nursing and residential care (often comprising care-related reimb...

MATERNUS-Kliniken AG Financial Statement Overview

Summary
Financials are stressed: recurring net losses with negative margins and a sharp ~33% revenue decline in 2025. The balance sheet is a major risk with consistently negative equity (about -€80.6M in 2025) and high debt (~€183.2M vs. ~€149.9M assets). Offsetting this somewhat, operating cash flow and free cash flow were positive in 2024–2025 (FCF ~€11.2M in 2025), though debt coverage remains modest.
Income Statement
22
Negative
Balance Sheet
9
Very Negative
Cash Flow
48
Neutral
BreakdownDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue118.00M114.00M102.31M106.70M111.44M
Gross Profit23.00M98.78M87.45M86.98M97.52M
EBITDA4.08M10.71M4.71M1.71M14.96M
Net Income-13.90M-13.16M-14.26M-14.08M-2.56M
Balance Sheet
Total Assets149.87M139.88M154.38M153.40M165.41M
Cash, Cash Equivalents and Short-Term Investments5.35M4.94M9.99M5.20M16.02M
Total Debt183.19M165.41M112.35M117.81M123.65M
Total Liabilities230.46M206.72M206.49M190.95M186.76M
Stockholders Equity-80.59M-66.84M-53.76M-39.30M-25.34M
Cash Flow
Free Cash Flow11.16M13.86M-1.44M2.33M15.32M
Operating Cash Flow14.03M15.07M2.52M4.33M17.24M
Investing Cash Flow-2.87M-1.07M-3.96M-2.00M-1.92M
Financing Cash Flow-10.17M-11.68M-69.00K-12.76M-12.79M

MATERNUS-Kliniken AG Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.98
Price Trends
50DMA
0.98
Negative
100DMA
1.05
Negative
200DMA
1.04
Negative
Market Momentum
MACD
-0.01
Negative
RSI
48.59
Neutral
STOCH
28.57
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:MAK, the sentiment is Negative. The current price of 0.98 is above the 20-day moving average (MA) of 0.92, below the 50-day MA of 0.98, and below the 200-day MA of 1.04, indicating a neutral trend. The MACD of -0.01 indicates Negative momentum. The RSI at 48.59 is Neutral, neither overbought nor oversold. The STOCH value of 28.57 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for DE:MAK.

MATERNUS-Kliniken AG Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
74
Outperform
€165.00M28.5124.05%33.49%81.79%
63
Neutral
€189.05M6.6611.90%1.12%5.13%11.89%
57
Neutral
€863.51M21.503.04%0.77%6.06%0.93%
51
Neutral
$7.86B-0.30-43.30%2.27%22.53%-2.21%
43
Neutral
€19.82M-1.2521.40%3.51%-5.66%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
DE:MAK
MATERNUS-Kliniken AG
0.95
-0.43
-31.52%
DE:MED
MEDICLIN
3.98
1.03
35.01%
DE:RHK
RHON-KLINIKUM AG
12.90
0.90
7.46%
DE:LIK
Limes Schlosskliniken AG
550.00
173.32
46.01%
DE:EIF
Eifelhoehen-Klinik AG
3.96
2.47
165.77%
DE:JTH0
Gesundheitswelt Chiemgau AG
11.10
-1.18
-9.59%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jun 25, 2026