RHEINMETALL AG (RHM.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:RHM - DE0007030009 - Common Stock
1902 EUR
-11.5 (-0.6%)
Overall RHM gets a fundamental rating of 6 out of 10. We evaluated RHM against 54 industry peers in the Aerospace & Defense industry. While RHM belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. RHM is valued quite expensively, but it does show have an excellent growth rating.
1. Profitability
1.1 Basic Checks
- In the past year RHM was profitable.
- RHM had a positive operating cash flow in the past year.
- Of the past 5 years RHM 4 years were profitable.
- RHM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- Looking at the Return On Assets, with a value of 5.36%, RHM is in the better half of the industry, outperforming 70.37% of the companies in the same industry.
- RHM's Return On Equity of 17.96% is fine compared to the rest of the industry. RHM outperforms 68.52% of its industry peers.
- The Return On Invested Capital of RHM (14.80%) is better than 87.04% of its industry peers.
- RHM had an Average Return On Invested Capital over the past 3 years of 11.89%. This is above the industry average of 9.17%.
- The 3 year average ROIC (11.89%) for RHM is below the current ROIC(14.80%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.36% | ||
| ROE | 17.96% | ||
| ROIC | 14.8% |
ROA(3y)5.14%
ROA(5y)3.76%
ROE(3y)16.88%
ROE(5y)12.25%
ROIC(3y)11.89%
ROIC(5y)10.79%
1.3 Margins
- Looking at the Profit Margin, with a value of 7.63%, RHM is in the better half of the industry, outperforming 62.96% of the companies in the same industry.
- RHM's Profit Margin has improved in the last couple of years.
- With a decent Operating Margin value of 13.41%, RHM is doing good in the industry, outperforming 79.63% of the companies in the same industry.
- In the last couple of years the Operating Margin of RHM has grown nicely.
- With an excellent Gross Margin value of 52.12%, RHM belongs to the best of the industry, outperforming 81.48% of the companies in the same industry.
- RHM's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.41% | ||
| PM (TTM) | 7.63% | ||
| GM | 52.12% |
OM growth 3Y9.06%
OM growth 5Y12.72%
PM growth 3Y12.65%
PM growth 5Y6.54%
GM growth 3Y-1.05%
GM growth 5Y1.27%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), RHM is creating value.
- RHM has about the same amout of shares outstanding than it did 1 year ago.
- The number of shares outstanding for RHM has been increased compared to 5 years ago.
- RHM has a worse debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 6.29 indicates that RHM is not in any danger for bankruptcy at the moment.
- RHM's Altman-Z score of 6.29 is amongst the best of the industry. RHM outperforms 88.89% of its industry peers.
- RHM has a debt to FCF ratio of 25.05. This is a negative value and a sign of low solvency as RHM would need 25.05 years to pay back of all of its debts.
- Looking at the Debt to FCF ratio, with a value of 25.05, RHM is doing worse than 68.52% of the companies in the same industry.
- RHM has a Debt/Equity ratio of 0.26. This is a healthy value indicating a solid balance between debt and equity.
- RHM's Debt to Equity ratio of 0.26 is fine compared to the rest of the industry. RHM outperforms 77.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 25.05 | ||
| Altman-Z | 6.29 |
ROIC/WACC1.9
WACC7.78%
2.3 Liquidity
- RHM has a Current Ratio of 1.14. This is a normal value and indicates that RHM is financially healthy and should not expect problems in meeting its short term obligations.
- RHM has a Current ratio of 1.14. This is comparable to the rest of the industry: RHM outperforms 42.59% of its industry peers.
- A Quick Ratio of 0.49 indicates that RHM may have some problems paying its short term obligations.
- The Quick ratio of RHM (0.49) is worse than 79.63% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.14 | ||
| Quick Ratio | 0.49 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 38.07% over the past year.
- Measured over the past years, RHM shows a quite strong growth in Earnings Per Share. The EPS has been growing by 15.30% on average per year.
- Looking at the last year, RHM shows a very strong growth in Revenue. The Revenue has grown by 24.61%.
- The Revenue has been growing by 9.29% on average over the past years. This is quite good.
EPS 1Y (TTM)38.07%
EPS 3Y33.06%
EPS 5Y15.3%
EPS Q2Q%8.52%
Revenue 1Y (TTM)24.61%
Revenue growth 3Y19.89%
Revenue growth 5Y9.29%
Sales Q2Q%13.33%
3.2 Future
- The Earnings Per Share is expected to grow by 47.18% on average over the next years. This is a very strong growth
- RHM is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 30.02% yearly.
EPS Next Y71.24%
EPS Next 2Y62.85%
EPS Next 3Y58.18%
EPS Next 5Y47.18%
Revenue Next Year23.18%
Revenue Next 2Y29.45%
Revenue Next 3Y31.6%
Revenue Next 5Y30.02%
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 98.96, RHM can be considered very expensive at the moment.
- Compared to the rest of the industry, the Price/Earnings ratio of RHM indicates a slightly more expensive valuation: RHM is more expensive than 68.52% of the companies listed in the same industry.
- The average S&P500 Price/Earnings ratio is at 27.38. RHM is valued rather expensively when compared to this.
- RHM is valuated quite expensively with a Price/Forward Earnings ratio of 45.30.
- Based on the Price/Forward Earnings ratio, RHM is valued a bit more expensive than 66.67% of the companies in the same industry.
- RHM's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 24.29.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 98.96 | ||
| Fwd PE | 45.3 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, RHM is valued a bit more expensive than the industry average as 75.93% of the companies are valued more cheaply.
- Based on the Price/Free Cash Flow ratio, RHM is valued a bit more expensive than 70.37% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 901.98 | ||
| EV/EBITDA | 45.69 |
4.3 Compensation for Growth
- RHM's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- The excellent profitability rating of RHM may justify a higher PE ratio.
- A more expensive valuation may be justified as RHM's earnings are expected to grow with 58.18% in the coming years.
PEG (NY)1.39
PEG (5Y)6.47
EPS Next 2Y62.85%
EPS Next 3Y58.18%
5. Dividend
5.1 Amount
- With a yearly dividend of 0.42%, RHM is not a good candidate for dividend investing.
- RHM's Dividend Yield is slightly below the industry average, which is at 0.75.
- With a Dividend Yield of 0.42, RHM pays less dividend than the S&P500 average, which is at 1.85.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.42% |
5.2 History
- On average, the dividend of RHM grows each year by 22.25%, which is quite nice.
Dividend Growth(5Y)22.25%
Div Incr Years1
Div Non Decr Years4
5.3 Sustainability
- RHM pays out 43.98% of its income as dividend. This is a bit on the high side, but may be sustainable.
- The dividend of RHM is growing, but earnings are growing more, so the dividend growth is sustainable.
DP43.98%
EPS Next 2Y62.85%
EPS Next 3Y58.18%
FRA:RHM (1/16/2026, 7:00:00 PM)
1902
-11.5 (-0.6%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)11-06 2025-11-06/dmh
Earnings (Next)03-11 2026-03-11/amc
Inst Owners45.42%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap87.49B
Revenue(TTM)11.00B
Net Income(TTM)839.00M
Analysts83.2
Price Target2232.57 (17.38%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.42% |
Yearly Dividend5.71
Dividend Growth(5Y)22.25%
DP43.98%
Div Incr Years1
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-13.21%
Min EPS beat(2)-23.31%
Max EPS beat(2)-3.11%
EPS beat(4)0
Avg EPS beat(4)-16.91%
Min EPS beat(4)-23.39%
Max EPS beat(4)-3.11%
EPS beat(8)0
Avg EPS beat(8)-24.24%
EPS beat(12)2
Avg EPS beat(12)-13.02%
EPS beat(16)4
Avg EPS beat(16)-12%
Revenue beat(2)0
Avg Revenue beat(2)-3.34%
Min Revenue beat(2)-3.95%
Max Revenue beat(2)-2.73%
Revenue beat(4)1
Avg Revenue beat(4)-0.33%
Min Revenue beat(4)-6.12%
Max Revenue beat(4)11.46%
Revenue beat(8)3
Avg Revenue beat(8)-0.93%
Revenue beat(12)3
Avg Revenue beat(12)-1.06%
Revenue beat(16)4
Avg Revenue beat(16)-0.92%
PT rev (1m)-0.73%
PT rev (3m)2.63%
EPS NQ rev (1m)0.37%
EPS NQ rev (3m)-11.55%
EPS NY rev (1m)-2.3%
EPS NY rev (3m)-7.97%
Revenue NQ rev (1m)-0.57%
Revenue NQ rev (3m)-1.36%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.51%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 98.96 | ||
| Fwd PE | 45.3 | ||
| P/S | 7.96 | ||
| P/FCF | 901.98 | ||
| P/OCF | 86.54 | ||
| P/B | 18.73 | ||
| P/tB | 45.9 | ||
| EV/EBITDA | 45.69 |
EPS(TTM)19.22
EY1.01%
EPS(NY)41.98
Fwd EY2.21%
FCF(TTM)2.11
FCFY0.11%
OCF(TTM)21.98
OCFY1.16%
SpS239.09
BVpS101.57
TBVpS41.43
PEG (NY)1.39
PEG (5Y)6.47
Graham Number209.58
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.36% | ||
| ROE | 17.96% | ||
| ROCE | 19.7% | ||
| ROIC | 14.8% | ||
| ROICexc | 15.99% | ||
| ROICexgc | 26.61% | ||
| OM | 13.41% | ||
| PM (TTM) | 7.63% | ||
| GM | 52.12% | ||
| FCFM | 0.88% |
ROA(3y)5.14%
ROA(5y)3.76%
ROE(3y)16.88%
ROE(5y)12.25%
ROIC(3y)11.89%
ROIC(5y)10.79%
ROICexc(3y)13.93%
ROICexc(5y)13.29%
ROICexgc(3y)21.41%
ROICexgc(5y)19.25%
ROCE(3y)16.31%
ROCE(5y)14.66%
ROICexgc growth 3Y12.63%
ROICexgc growth 5Y8.12%
ROICexc growth 3Y2.66%
ROICexc growth 5Y3.61%
OM growth 3Y9.06%
OM growth 5Y12.72%
PM growth 3Y12.65%
PM growth 5Y6.54%
GM growth 3Y-1.05%
GM growth 5Y1.27%
F-Score5
Asset Turnover0.7
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 25.05 | ||
| Debt/EBITDA | 0.61 | ||
| Cap/Depr | 190.02% | ||
| Cap/Sales | 8.31% | ||
| Interest Coverage | 210.71 | ||
| Cash Conversion | 51.69% | ||
| Profit Quality | 11.56% | ||
| Current Ratio | 1.14 | ||
| Quick Ratio | 0.49 | ||
| Altman-Z | 6.29 |
F-Score5
WACC7.78%
ROIC/WACC1.9
Cap/Depr(3y)150.34%
Cap/Depr(5y)120.05%
Cap/Sales(3y)6.17%
Cap/Sales(5y)5.53%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)38.07%
EPS 3Y33.06%
EPS 5Y15.3%
EPS Q2Q%8.52%
EPS Next Y71.24%
EPS Next 2Y62.85%
EPS Next 3Y58.18%
EPS Next 5Y47.18%
Revenue 1Y (TTM)24.61%
Revenue growth 3Y19.89%
Revenue growth 5Y9.29%
Sales Q2Q%13.33%
Revenue Next Year23.18%
Revenue Next 2Y29.45%
Revenue Next 3Y31.6%
Revenue Next 5Y30.02%
EBIT growth 1Y32.76%
EBIT growth 3Y30.76%
EBIT growth 5Y23.18%
EBIT Next Year75.21%
EBIT Next 3Y53.32%
EBIT Next 5Y44.03%
FCF growth 1Y44.78%
FCF growth 3Y33.1%
FCF growth 5Y25.85%
OCF growth 1Y120.26%
OCF growth 3Y35.59%
OCF growth 5Y23.4%
RHEINMETALL AG / RHM.DE FAQ
What is the fundamental rating for RHM stock?
ChartMill assigns a fundamental rating of 6 / 10 to RHM.DE.
What is the valuation status for RHM stock?
ChartMill assigns a valuation rating of 2 / 10 to RHEINMETALL AG (RHM.DE). This can be considered as Overvalued.
Can you provide the profitability details for RHEINMETALL AG?
RHEINMETALL AG (RHM.DE) has a profitability rating of 8 / 10.
What is the financial health of RHEINMETALL AG (RHM.DE) stock?
The financial health rating of RHEINMETALL AG (RHM.DE) is 4 / 10.
Can you provide the dividend sustainability for RHM stock?
The dividend rating of RHEINMETALL AG (RHM.DE) is 4 / 10 and the dividend payout ratio is 43.98%.