Brockhaus Technologies AG (DE:BKHT)
XETRA:BKHT
Want to see DE:BKHT full AI Analyst Report?
Top Page
Brockhaus Technologies AG
(XETRA:BKHT)
Select Model
Select Model
Rating:46Neutral
Price Target:
€18.50
▲(18.97% Upside)
Action:Reiterated
Date:03/28/26
The score is held down primarily by the sharp 2025 deterioration in revenue, profitability, and cash generation, despite improved leverage and a stronger equity base. Technicals are neutral with mixed trend signals, and valuation remains constrained by losses (negative P/E) with no dividend support.
Positive Factors
Balance-sheet de-risking / Low leverage
A materially lower debt load and a sizable equity base provide durable financial flexibility. Low leverage reduces interest burden and refinancing risk, allowing the holding to support subsidiaries, absorb near-term operating shocks, and pursue opportunistic investments without immediate liquidity strain.
Negative Factors
Sharp 2025 revenue and profit collapse
An 88% revenue collapse and very large operating losses represent a structural earnings shock that undermines scale economics and margin sustainability. If persistent, this damages competitive position, erodes customer and supplier confidence, and limits the group's ability to fund operations organically.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance-sheet de-risking / Low leverage
A materially lower debt load and a sizable equity base provide durable financial flexibility. Low leverage reduces interest burden and refinancing risk, allowing the holding to support subsidiaries, absorb near-term operating shocks, and pursue opportunistic investments without immediate liquidity strain.
Read all positive factors
Brockhaus Technologies AG (BKHT) vs. iShares MSCI Germany ETF (EWG)
Market Cap
€208.53M
Dividend Yield1.41%
Average Volume (3M)8.14K
Price to Earnings (P/E)―
Beta (1Y)0.52
Revenue GrowthN/A
EPS GrowthN/A
CountryDE
Employees391
SectorTechnology
Sector Strength88
IndustryAsset Management
Share Statistics
EPS (TTM)-1.81
Shares Outstanding10,947,637
10 Day Avg. Volume3,354
30 Day Avg. Volume8,140
Financial Highlights & Ratios
PEG Ratio0.13
Price to Book (P/B)0.95
Price to Sales (P/S)6.37
P/FCF Ratio-18.70
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.17
Revenue Forecast (FY)€272.70M
Brockhaus Technologies AG Business Overview & Revenue Model
Company Description
Brockhaus Technologies AG operates as a private equity firm, concentrating its investments on middle-market, later-stage, and mature enterprises, with a focus on providing growth capital and conducting buyout transactions. Additionally, it functio...
How the Company Makes Money
Brockhaus Technologies AG makes money primarily through the operating performance of its consolidated subsidiaries: it generates revenue when its portfolio companies sell their products and services to customers (typically B2B). At the holding lev...
Brockhaus Technologies AG Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
63
Positive
Cash Flow
32
Negative
| Breakdown | TTM | Dec 2025 | Jun 2025 | Dec 2023 | Dec 2022 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | -25.27M | 26.15M | 200.15M | 186.63M | 142.71M | 39.04M |
| Gross Profit | -31.77M | -880.00K | 99.95M | 118.39M | 91.72M | 30.17M |
| EBITDA | -23.01M | -12.27M | 12.95M | 52.42M | 51.79M | -4.40M |
| Net Income | -18.79M | -20.75M | -55.55M | -5.09M | 49.02M | -15.88M |
Balance Sheet | ||||||
| Total Assets | 562.92M | 753.30M | 798.32M | 659.18M | 655.51M | 614.50M |
| Cash, Cash Equivalents and Short-Term Investments | 6.32M | 10.17M | 60.91M | 73.11M | 96.97M | 45.61M |
| Total Debt | 20.61M | 28.41M | 261.60M | 272.19M | 248.95M | 266.15M |
| Total Liabilities | 360.13M | 550.34M | 561.13M | 358.27M | 340.17M | 359.58M |
| Stockholders Equity | 173.56M | 175.14M | 200.29M | 256.56M | 272.70M | 222.04M |
Cash Flow | ||||||
| Free Cash Flow | 3.43M | -8.91M | 34.14M | 30.04M | 31.76M | -8.67M |
| Operating Cash Flow | 1.75M | -8.84M | 36.01M | 34.80M | 34.91M | -6.21M |
| Investing Cash Flow | -531.00K | -2.14M | -8.22M | -9.90M | 53.03M | -143.96M |
| Financing Cash Flow | -2.77M | -5.43M | -36.94M | -42.59M | -46.70M | 55.67M |
Brockhaus Technologies AG Technical Analysis
Positive
15.55
Price Trends
18.22
Positive
17.47
Positive
14.97
Positive
Market Momentum
0.29
Negative
63.54
Neutral
55.57
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:BKHT, the sentiment is Positive. The current price of 15.55 is below the 20-day moving average (MA) of 18.63, below the 50-day MA of 18.22, and above the 200-day MA of 14.97, indicating a bullish trend. The MACD of 0.29 indicates Negative momentum. The RSI at 63.54 is Neutral, neither overbought nor oversold. The STOCH value of 55.57 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for DE:BKHT.
Brockhaus Technologies AG Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | €183.29M | 8.39 | 15.86% | 5.53% | 0.49% | 38.41% | |
67 Neutral | €85.69M | 3.65 | 20.85% | 3.71% | -34.04% | 77.23% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
54 Neutral | €123.46M | 1.08 | 145.03% | ― | -73.69% | 251.19% | |
46 Neutral | €208.53M | -10.59 | -10.23% | 1.41% | ― | ― |
* Technology Sector Average
DE:BKHT
Brockhaus Technologies AG
19.10
5.05
35.94%
DE:MPCK
MPC Munchmeyer Petersen Capital AG
5.20
0.30
6.12%
DE:B7E
Blue Cap AG
19.15
2.16
12.71%
DE:IPOK
Heidelberger Beteiligungsholding AG
171.00
51.00
42.50%
DE:SVE
Shareholder Value Beteiligungen AG
71.50
-14.00
-16.37%
DE:A7A
FinLab AG
13.70
-0.11
-0.80%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.