TAKKT AG (TTK) AI Stock Analysis

• Market Cap: €353.64M
• Dividend Yield: 11.13%
• Average Volume (3M): 25.84K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.82
• Revenue Growth: -10.02%
• EPS Growth: -987.63%
• Country: DE
• Employees: 2,154
• Sector: Industrials
• Sector Strength: 86
• Industry: Business Equipment & Supplies
• EPS (TTM): -0.04
• Shares Outstanding: 65,610,330
• 10 Day Avg. Volume: 31,319
• 30 Day Avg. Volume: 25,838
• PEG Ratio: 0.94
• Price to Book (P/B): 0.74
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 7.16
• 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: €6.80
• Price Target Upside: 26.16% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 46 Neutral
• Price Target: €5.50 ▲(2.04%Upside)

TAKKT AG's overall stock score of 46 is primarily influenced by its financial challenges, with declining revenue and profitability in 2024 being significant concerns. Technical analysis indicates bearish momentum, and the stock's negative P/E ratio raises valuation issues. However, the strong cash flow and high dividend yield provide some positive aspects for potential recovery and income appeal.

TAKKT AG Business Overview & Revenue Model

Company Description

TAKKT AG operates as a B2B direct marketing company for business equipment in Germany, the rest of Europe, and the United States. The company operates in three segments: Industrial & Packaging, Office Furniture & Displays, and FoodService. The Industrial & Packaging segment offers pallet lifting trucks, universal cabinets, and swivel chairs, as well as special-purpose products, such as environmental cabinets and containers for hazardous materials under the KAISER+KRAFT brand; and office and business equipment to smaller corporate customers under the Certeo and Büromöbelonline brands. The Office Furniture & Displays segment provides office equipment, including office chairs and desks, conference tables and furniture for reception areas under the National Business Furniture (NBF) and OfficeFurniture.com brands; and advertising banners, digital display stands, mobile trade booths, and fixtures under the Displays2Go's and Mydisplays brands. The Foodservice segment offers meal and food preparation and presentation products, such as pots, pans, ice machines, and deep fryers for hotels, restaurants, and catering. This segment also provides buffet equipment, including serving platters and food baskets under the Hubert brand; and various equipment and supplies required for the operation of small to mid-sized restaurants comprising kitchen stoves and freezers under the Central brand. It offers its products through catalogs, webshops, and telephone sales. The company was founded in 1945 and is based in Stuttgart, Germany. TAKKT AG is a subsidiary of Franz Haniel & Cie. GmbH.

How the Company Makes Money

TAKKT AG generates revenue primarily through the sale of business equipment and related products. The company's revenue model is focused on offering a comprehensive range of products through its various brands, each targeting specific customer needs and industry sectors. Key revenue streams include direct sales via online platforms and traditional catalog sales, allowing the company to reach a broad customer base across different markets. Additionally, TAKKT AG benefits from strategic partnerships with suppliers and manufacturers, enabling competitive pricing and a wide product assortment. The company also invests in digital transformation to enhance its e-commerce capabilities, further supporting revenue growth.

TAKKT AG Financial Statement Overview

Summary

TAKKT AG faces financial challenges with declining revenue and profitability, especially in 2024. Despite a stable equity base and moderate leverage, the decreasing assets and increasing debt raise concerns. However, strong operating cash flow indicates potential for recovery if profitability trends improve.

Income Statement

The income statement shows a declining trend in revenue from 2019 to 2024, with a significant drop in gross profit and net income in 2024, resulting in negative profitability metrics such as net profit margin. Despite previous years of positive EBIT and EBITDA margins, 2024 shows a concerning loss, indicating operational challenges.

Balance Sheet

The balance sheet reflects a stable equity base over the years with a moderate debt-to-equity ratio. However, the decrease in total assets and stockholders' equity in 2024, coupled with an increase in total debt, raises concerns about the company's leverage and financial stability.

Cash Flow

Cash flow analysis reveals a strong operating cash flow, but a decline in free cash flow growth from 2023 to 2024. The operating cash flow to net income ratio remains positive, indicating efficient cash generation relative to net income despite the overall loss in 2024.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.04B	1.05B	1.24B	1.34B	1.18B	1.07B
Gross Profit	343.27M	413.87M	245.87M	525.66M	473.07M	423.67M
EBITDA	-14.17M	-10.15M	72.59M	132.00M	112.37M	91.50M
Net Income	-45.09M	-41.28M	24.55M	59.28M	57.03M	37.23M
Balance Sheet
Total Assets	913.00M	922.73M	1.01B	1.12B	1.12B	1.00B
Cash, Cash Equivalents and Short-Term Investments	20.30M	11.51M	5.59M	7.57M	2.79M	4.27M
Total Debt	0.00	124.70M	111.60M	124.25M	107.79M	82.86M
Total Liabilities	373.10M	380.16M	364.15M	421.68M	421.35M	354.69M
Stockholders Equity	539.90M	542.57M	642.67M	699.84M	694.02M	649.57M
Cash Flow
Free Cash Flow	55.71M	82.01M	90.54M	69.85M	37.98M	107.22M
Operating Cash Flow	66.76M	93.86M	106.44M	84.42M	56.32M	120.52M
Investing Cash Flow	-10.24M	-11.04M	-14.52M	-14.00M	-4.45M	9.27M
Financing Cash Flow	-58.94M	-80.24M	-94.15M	-65.66M	-53.55M	-129.25M

TAKKT AG Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 5.39
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:TTK, the sentiment is Negative. The current price of 5.39 is below the 20-day moving average (MA) of 6.11, below the 50-day MA of 6.47, and below the 200-day MA of 7.25, indicating a bearish trend. The MACD of -0.25 indicates Positive momentum. The RSI at 13.50 is Positive, neither overbought nor oversold. The STOCH value of <0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for DE:TTK.

TAKKT AG Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$10.84B	16.29	5.52%	2.09%	3.14%	-29.96%
TTK	46 Neutral	€353.64M	―	-9.30%	11.13%	-10.02%	-987.63%
0EDV	―	€572.44M	5.62	13.55%	―	―	―
0G15	―	€238.95M	―	-21.69%	―	―	―
0P38	―	€496.42M	216.78	0.33%	0.56%	―	―
0NJD	―	€366.00M	12.30	4.44%	―	―	―
0NJB	―	€530.93M	23.39	17.51%	―	―	―