Rosenbauer International AG (ROS.VI) 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

-408.3%

-€186.85

vs €60.60 price

Levered DCF

€15.17

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

2.02

Grey zone

Rating

A-

Overall 4 / 5

Ratios by fiscal year

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

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	8.99×	8.66×	-180×	-9.15×	13.61×	6.01×	7.9×	9.05×
P/B	1.22×	1.14×	1.08×	1.11×	1.45×	0.97×	1.24×	1.09×
P/S	0.31×	0.18×	0.18×	0.21×	0.32×	0.24×	0.28×	0.25×
EV / EBITDA	5.8×	6.28×	9.21×	40.28×	8.1×	6.34×	8.15×	6.89×
Gross margin	18.1%	17.0%	15.5%	13.3%	16.0%	40.9%	42.6%	41.9%
Operating margin	5.8%	4.0%	3.1%	-1.8%	3.4%	5.5%	5.4%	5.4%
Net margin	3.5%	2.1%	-0.1%	-2.3%	2.4%	3.9%	3.5%	2.7%
Current ratio	1.34×	0.99×	0.98×	1.34×	1.44×	2.01×	1.73×	1.44×
Debt / equity	0.83×	2.08×	2.56×	1.94×	1.24×	1.21×	1.78×	1.23×
Interest coverage	3.29×	1.27×	1.05×	-1.24×	5.45×	9.54×	7.35×	11.56×
Dividend yield	0.0%	0.0%	0.0%	3.0%	3.2%	2.2%	3.1%	3.0%
Payout ratio	0.0%	0.0%	0.0%	-27.4%	43.9%	13.2%	24.5%	27.2%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	13.6%	13.1%	-0.6%	-12.1%	10.7%	16.2%	15.7%	12.0%
Return on invested capital	10.7%	7.9%	0.8%	-2.2%	5.0%	7.3%	5.8%	9.5%
Return on assets	3.6%	2.1%	-0.1%	-2.3%	2.6%	4.5%	3.5%	3.2%
Free cash flow yield	10.4%	20.0%	-57.4%	-14.1%	34.2%	22.2%	-18.7%	-14.8%
Earnings yield	11.1%	11.6%	-0.6%	-10.9%	7.4%	16.7%	12.7%	11.0%
Enterprise value	€692.5M	€625.9M	€624.2M	€525.3M	€519.8M	€536.9M	€616.6M	€458.7M
Net debt / EBITDA	2.05×	3.94×	6.32×	24.59×	3.18×	3.43×	4.54×	3.49×
Cash conversion cycle (days)	243	251	281	234	204	287	337	299