RHEINMETALL AG (1RHM.MI) Fundamental Analysis & Valuation

BIT:1RHMDE0007030009

Current stock price

1358.8 EUR
+19.8 (+1.48%)
Last:

This 1RHM.MI fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

7

1. 1RHM.MI Profitability Analysis

1.1 Basic Checks

  • In the past year 1RHM was profitable.
  • 1RHM had a positive operating cash flow in the past year.
  • Each year in the past 5 years 1RHM has been profitable.
  • Each year in the past 5 years 1RHM had a positive operating cash flow.
1RHM.MI Yearly Net Income VS EBIT VS OCF VS FCF1RHM.MI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M 1B 1.5B 2B

1.2 Ratios

  • The Return On Assets of 1RHM (4.14%) is comparable to the rest of the industry.
  • 1RHM's Return On Equity of 13.87% is in line compared to the rest of the industry. 1RHM outperforms 50.00% of its industry peers.
  • 1RHM has a Return On Invested Capital of 15.65%. This is amongst the best in the industry. 1RHM outperforms 85.71% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for 1RHM is above the industry average of 9.92%.
  • The last Return On Invested Capital (15.65%) for 1RHM is above the 3 year average (12.62%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 4.14%
ROE 13.87%
ROIC 15.65%
ROA(3y)4.57%
ROA(5y)4.67%
ROE(3y)15.91%
ROE(5y)15.32%
ROIC(3y)12.62%
ROIC(5y)12.05%
1RHM.MI Yearly ROA, ROE, ROIC1RHM.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5 10 15

1.3 Margins

  • 1RHM has a Profit Margin of 7.00%. This is comparable to the rest of the industry: 1RHM outperforms 46.43% of its industry peers.
  • 1RHM's Profit Margin has declined in the last couple of years.
  • 1RHM has a better Operating Margin (16.54%) than 83.93% of its industry peers.
  • 1RHM's Operating Margin has improved in the last couple of years.
  • 1RHM's Gross Margin of 52.37% is amongst the best of the industry. 1RHM outperforms 80.36% of its industry peers.
  • 1RHM's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 16.54%
PM (TTM) 7%
GM 52.37%
OM growth 3Y13.09%
OM growth 5Y15.43%
PM growth 3Y-1.79%
PM growth 5YN/A
GM growth 3Y-0.22%
GM growth 5Y0.55%
1RHM.MI Yearly Profit, Operating, Gross Margins1RHM.MI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 20 30 40 50

6

2. 1RHM.MI Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), 1RHM is creating value.
  • Compared to 1 year ago, 1RHM has more shares outstanding
  • 1RHM has more shares outstanding than it did 5 years ago.
  • 1RHM has a better debt/assets ratio than last year.
1RHM.MI Yearly Shares Outstanding1RHM.MI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10M 20M 30M 40M
1RHM.MI Yearly Total Debt VS Total Assets1RHM.MI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B

2.2 Solvency

  • An Altman-Z score of 4.64 indicates that 1RHM is not in any danger for bankruptcy at the moment.
  • 1RHM has a Altman-Z score of 4.64. This is amongst the best in the industry. 1RHM outperforms 85.71% of its industry peers.
  • 1RHM has a debt to FCF ratio of 0.90. This is a very positive value and a sign of high solvency as it would only need 0.90 years to pay back of all of its debts.
  • With an excellent Debt to FCF ratio value of 0.90, 1RHM belongs to the best of the industry, outperforming 92.86% of the companies in the same industry.
  • A Debt/Equity ratio of 0.23 indicates that 1RHM is not too dependend on debt financing.
  • 1RHM has a Debt to Equity ratio of 0.23. This is in the better half of the industry: 1RHM outperforms 75.00% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.23
Debt/FCF 0.9
Altman-Z 4.64
ROIC/WACC2.08
WACC7.54%
1RHM.MI Yearly LT Debt VS Equity VS FCF1RHM.MI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B 2B 3B 4B 5B

2.3 Liquidity

  • 1RHM has a Current Ratio of 1.20. This is a normal value and indicates that 1RHM is financially healthy and should not expect problems in meeting its short term obligations.
  • With a Current ratio value of 1.20, 1RHM perfoms like the industry average, outperforming 51.79% of the companies in the same industry.
  • 1RHM has a Quick Ratio of 1.20. This is a bad value and indicates that 1RHM is not financially healthy enough and could expect problems in meeting its short term obligations.
  • Looking at the Quick ratio, with a value of 0.68, 1RHM is doing worse than 67.86% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.2
Quick Ratio 0.68
1RHM.MI Yearly Current Assets VS Current Liabilites1RHM.MI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B 10B

7

3. 1RHM.MI Growth Analysis

3.1 Past

  • The earnings per share for 1RHM have decreased by -1.45% in the last year.
  • The Earnings Per Share has been growing by 12.97% on average over the past years. This is quite good.
  • 1RHM shows a small growth in Revenue. In the last year, the Revenue has grown by 1.89%.
  • Measured over the past years, 1RHM shows a quite strong growth in Revenue. The Revenue has been growing by 12.95% on average per year.
EPS 1Y (TTM)-1.45%
EPS 3Y12.97%
EPS 5YN/A
EPS Q2Q%-35.49%
Revenue 1Y (TTM)1.89%
Revenue growth 3Y15.73%
Revenue growth 5Y12.95%
Sales Q2Q%-30.52%

3.2 Future

  • 1RHM is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 52.50% yearly.
  • Based on estimates for the next years, 1RHM will show a very strong growth in Revenue. The Revenue will grow by 31.85% on average per year.
EPS Next Y153.92%
EPS Next 2Y91.11%
EPS Next 3Y70.89%
EPS Next 5Y52.5%
Revenue Next Year34.37%
Revenue Next 2Y34.35%
Revenue Next 3Y32.78%
Revenue Next 5Y31.85%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
1RHM.MI Yearly Revenue VS Estimates1RHM.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 10B 20B 30B 40B
1RHM.MI Yearly EPS VS Estimates1RHM.MI Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 20 40 60 80 100

3

4. 1RHM.MI Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 87.10 indicates a quite expensive valuation of 1RHM.
  • 1RHM's Price/Earnings ratio is a bit more expensive when compared to the industry. 1RHM is more expensive than 71.43% of the companies in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 26.91, 1RHM is valued quite expensively.
  • 1RHM is valuated quite expensively with a Price/Forward Earnings ratio of 34.30.
  • Based on the Price/Forward Earnings ratio, 1RHM is valued a bit more expensive than the industry average as 64.29% of the companies are valued more cheaply.
  • 1RHM's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 21.99.
Industry RankSector Rank
PE 87.1
Fwd PE 34.3
1RHM.MI Price Earnings VS Forward Price Earnings1RHM.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80

4.2 Price Multiples

  • 1RHM's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. 1RHM is more expensive than 66.07% of the companies in the same industry.
  • 1RHM's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 44.68
EV/EBITDA 28.91
1RHM.MI Per share data1RHM.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 50 100 150 200

4.3 Compensation for Growth

  • 1RHM's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • 1RHM has a very decent profitability rating, which may justify a higher PE ratio.
  • 1RHM's earnings are expected to grow with 70.89% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.57
PEG (5Y)N/A
EPS Next 2Y91.11%
EPS Next 3Y70.89%

4

5. 1RHM.MI Dividend Analysis

5.1 Amount

  • 1RHM has a yearly dividend return of 0.82%, which is pretty low.
  • In the last 3 months the price of 1RHM has falen by -24.48%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
  • 1RHM's Dividend Yield is comparable with the industry average which is at 0.88.
  • Compared to an average S&P500 Dividend Yield of 1.82, 1RHM's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.82%

5.2 History

  • The dividend of 1RHM is nicely growing with an annual growth rate of 27.94%!
Dividend Growth(5Y)27.94%
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

  • 53.09% of the earnings are spent on dividend by 1RHM. This is a bit on the high side, but may be sustainable.
  • The dividend of 1RHM is growing, but earnings are growing more, so the dividend growth is sustainable.
DP53.09%
EPS Next 2Y91.11%
EPS Next 3Y70.89%
1RHM.MI Yearly Income VS Free CF VS Dividend1RHM.MI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M 1B
1RHM.MI Dividend Payout.1RHM.MI Dividend Payout, showing the Payout Ratio.1RHM.MI Dividend Payout.PayoutRetained Earnings

1RHM.MI Fundamentals: All Metrics, Ratios and Statistics

RHEINMETALL AG

BIT:1RHM (4/29/2026, 11:14:34 AM)

1358.8

+19.8 (+1.48%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Industry Strength62.84
Industry Growth78.67
Earnings (Last)03-12
Earnings (Next)05-07
Inst Owners44.29%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap63.27B
Revenue(TTM)9.94B
Net Income(TTM)695.00M
Analysts82.22
Price Target2091.03 (53.89%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0.82%
Yearly Dividend8.26
Dividend Growth(5Y)27.94%
DP53.09%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-39.7%
Min EPS beat(2)-56.09%
Max EPS beat(2)-23.31%
EPS beat(4)0
Avg EPS beat(4)-25.08%
Min EPS beat(4)-56.09%
Max EPS beat(4)-3.11%
EPS beat(8)0
Avg EPS beat(8)-31.16%
EPS beat(12)2
Avg EPS beat(12)-17.08%
EPS beat(16)4
Avg EPS beat(16)-13.49%
Revenue beat(2)0
Avg Revenue beat(2)-20.11%
Min Revenue beat(2)-37.48%
Max Revenue beat(2)-2.73%
Revenue beat(4)1
Avg Revenue beat(4)-8.18%
Min Revenue beat(4)-37.48%
Max Revenue beat(4)11.46%
Revenue beat(8)3
Avg Revenue beat(8)-5.17%
Revenue beat(12)3
Avg Revenue beat(12)-4.1%
Revenue beat(16)4
Avg Revenue beat(16)-3.17%
PT rev (1m)-3.77%
PT rev (3m)-6.34%
EPS NQ rev (1m)-6.95%
EPS NQ rev (3m)50.27%
EPS NY rev (1m)-2.25%
EPS NY rev (3m)-5.65%
Revenue NQ rev (1m)-25.36%
Revenue NQ rev (3m)-24.52%
Revenue NY rev (1m)-1.83%
Revenue NY rev (3m)-12.9%
Valuation
Industry RankSector Rank
PE 87.1
Fwd PE 34.3
P/S 6.37
P/FCF 44.68
P/OCF 27.65
P/B 12.63
P/tB 26.23
EV/EBITDA 28.91
EPS(TTM)15.6
EY1.15%
EPS(NY)39.61
Fwd EY2.92%
FCF(TTM)30.41
FCFY2.24%
OCF(TTM)49.14
OCFY3.62%
SpS213.38
BVpS107.6
TBVpS51.8
PEG (NY)0.57
PEG (5Y)N/A
Graham Number194.342 (-85.7%)
Profitability
Industry RankSector Rank
ROA 4.14%
ROE 13.87%
ROCE 21.33%
ROIC 15.65%
ROICexc 19.92%
ROICexgc 34.91%
OM 16.54%
PM (TTM) 7%
GM 52.37%
FCFM 14.25%
ROA(3y)4.57%
ROA(5y)4.67%
ROE(3y)15.91%
ROE(5y)15.32%
ROIC(3y)12.62%
ROIC(5y)12.05%
ROICexc(3y)15.35%
ROICexc(5y)14.9%
ROICexgc(3y)26.3%
ROICexgc(5y)23.13%
ROCE(3y)17.51%
ROCE(5y)16.71%
ROICexgc growth 3Y26.22%
ROICexgc growth 5Y23.82%
ROICexc growth 3Y13.13%
ROICexc growth 5Y16%
OM growth 3Y13.09%
OM growth 5Y15.43%
PM growth 3Y-1.79%
PM growth 5YN/A
GM growth 3Y-0.22%
GM growth 5Y0.55%
F-Score5
Asset Turnover0.59
Health
Industry RankSector Rank
Debt/Equity 0.23
Debt/FCF 0.9
Debt/EBITDA 0.54
Cap/Depr 174.05%
Cap/Sales 8.78%
Interest Coverage 250
Cash Conversion 106.72%
Profit Quality 203.74%
Current Ratio 1.2
Quick Ratio 0.68
Altman-Z 4.64
F-Score5
WACC7.54%
ROIC/WACC2.08
Cap/Depr(3y)161.64%
Cap/Depr(5y)146.35%
Cap/Sales(3y)7.94%
Cap/Sales(5y)6.81%
Profit Quality(3y)135.24%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-1.45%
EPS 3Y12.97%
EPS 5YN/A
EPS Q2Q%-35.49%
EPS Next Y153.92%
EPS Next 2Y91.11%
EPS Next 3Y70.89%
EPS Next 5Y52.5%
Revenue 1Y (TTM)1.89%
Revenue growth 3Y15.73%
Revenue growth 5Y12.95%
Sales Q2Q%-30.52%
Revenue Next Year34.37%
Revenue Next 2Y34.35%
Revenue Next 3Y32.78%
Revenue Next 5Y31.85%
EBIT growth 1Y18.37%
EBIT growth 3Y30.87%
EBIT growth 5Y30.37%
EBIT Next Year82.94%
EBIT Next 3Y51.61%
EBIT Next 5Y40.43%
FCF growth 1Y43.32%
FCF growth 3YN/A
FCF growth 5Y45.52%
OCF growth 1Y33.02%
OCF growth 3Y136.03%
OCF growth 5Y38.19%

RHEINMETALL AG / 1RHM.MI Fundamental Analysis FAQ

What is the ChartMill fundamental rating of RHEINMETALL AG (1RHM.MI) stock?

ChartMill assigns a fundamental rating of 6 / 10 to 1RHM.MI.


Can you provide the valuation status for RHEINMETALL AG?

ChartMill assigns a valuation rating of 3 / 10 to RHEINMETALL AG (1RHM.MI). This can be considered as Overvalued.


Can you provide the profitability details for RHEINMETALL AG?

RHEINMETALL AG (1RHM.MI) has a profitability rating of 7 / 10.


What is the earnings growth outlook for RHEINMETALL AG?

The Earnings per Share (EPS) of RHEINMETALL AG (1RHM.MI) is expected to grow by 153.92% in the next year.


Is the dividend of RHEINMETALL AG sustainable?

The dividend rating of RHEINMETALL AG (1RHM.MI) is 4 / 10 and the dividend payout ratio is 53.09%.