RENK Group AG (R3NK.DE) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-93.3%

€2.46

vs €36.41 price

Levered DCF

€12.30

After debt service

Piotroski score

8 / 9

Strong

Altman Z-score

3.34

Safe zone

Rating

B-

Overall 3 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
P/E	53.62×	34.58×	61.41×	122.81×	-2,232.95×	-98.25×
P/B	11.06×	4.16×	4.87×	6.06×	6.37×	9.72×
P/S	3.92×	1.61×	2.12×	2.31×	2.82×	12.68×
EV / EBITDA	24.73×	10.52×	14.3×	15.15×	22.25×	179.12×
Gross margin	24.8%	24.5%	22.5%	19.4%	17.9%	24.2%
Operating margin	12.6%	10.2%	9.6%	7.7%	3.6%	9.6%
Net margin	7.3%	4.7%	3.5%	1.9%	-0.1%	-13.1%
Current ratio	1.98×	1.82×	1.81×	2.05×	1.83×	1.52×
Debt / equity	1.1×	1.21×	1.35×	1.96×	2.04×	2.53×
Interest coverage	5.97×	3.07×	2.9×	1.7×	0.81×	1.19×
Dividend yield	0.8%	1.6%	0.0%	0.0%	0.0%	0.0%
Payout ratio	41.8%	56.3%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
Return on equity	20.7%	12.1%	8.0%	5.0%	-0.3%	-10.0%
Return on invested capital	11.6%	6.0%	5.7%	5.6%	-0.2%	1.6%
Return on assets	5.9%	3.4%	2.1%	1.1%	-0.1%	-1.7%
Free cash flow yield	1.7%	7.5%	2.4%	3.2%	2.4%	-0.0%
Earnings yield	1.9%	2.9%	1.6%	0.8%	-0.0%	-1.0%
Enterprise value	€5.7B	€2.2B	€2.4B	€2.4B	€2.5B	€2.3B
Net debt / EBITDA	1.65×	1.76×	2.64×	2.96×	4.74×	25.39×
Cash conversion cycle (days)	203	205	206	215	214	984