Bastei Luebbe (BST) AI Stock Analysis

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Bastei Luebbe

(XETRA:BST)

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Rating:58Neutral

Price Target:EUR 5.50▲(0.36% Upside)

Action:reiterated

Date:11/07/26

Bastei Luebbe scores in the middle of the range. Fundamentals carry the most weight and are mixed: a very strong, low-leverage balance sheet and steady revenue growth are offset by projected FY2026 margin compression and, more importantly, a swing to negative operating and free cash flow in FY2025 despite solid reported profits. The technical picture is the biggest drag, with the share price well below all major moving averages and negative MACD momentum pointing to a persistent downtrend. Valuation provides the main offset, with a modest P/E of 11.6 and a ~4.6% dividend yield, though the dividend's sustainability depends on the projected cash flow recovery materialising. Investors should watch whether FY2026 margin and cash conversion pressures prove temporary or structural.

Positive Factors

Steady Revenue GrowthThe multi-year rise in revenue indicates continuing demand for Bastei Lübbe’s publishing content and formats. A growing top line can support investment in authors, intellectual property and distribution, while providing a durable foundation for rebuilding profitability if margins stabilize.

Negative Factors

Sharp Margin CompressionThe substantial deterioration in gross and operating margins reduces earnings quality and leaves less profit from each euro of sales. Unless margins recover, continued revenue growth may translate into only modest earnings and constrain investment, distributions and resilience.

Bastei Luebbe (BST) vs. iShares MSCI Germany ETF (EWG)

Market Cap: EUR 72.60M
Dividend Yield: 4.56%
Average Volume (3M): 2,587
Price to Earnings (P/E): 15.2
Beta (1Y): -0.01
Revenue Growth: 1.88%
EPS Growth: -48.68%
Country: Germany
Employees: 351
Sector: General
Sector Strength: 55
Industry: Publishing

Bastei Luebbe Business Overview & Revenue Model

Company Description

Bastei Lübbe AG operates as a media enterprise, engaging in the publication and distribution of various literary formats including physical books, audiobooks, e-books, and other digital products. Its portfolio encompasses both fiction and popular sci...

Bastei Luebbe Financial Statement Overview

Summary

A mixed but broadly stable fundamental profile. The balance sheet is the clear strength (score 74): total debt has fallen from €13.2M in FY2021 to a projected €5.7M in FY2026, debt-to-equity has improved to roughly 0.09, and equity has grown to €68.7M, leaving the company well-capitalized. The income statement (score 62) shows consistent revenue growth from €92.7M (FY2021) to €114.0M (FY2025) with €118.4M projected for FY2026, but FY2026 estimates point to sharp margin compression (net margin falling from ~9.9% to ~5.4%, EBIT margin from ~15.2% to ~5.1%). Cash flow is the weakest pillar (score 48): operating cash flow deteriorated from €16.9M in FY2021 to -€0.6M in FY2025 with negative free cash flow, signaling a quality-of-earnings and working capital concern, though a recovery to €10.5M operating cash flow is projected for FY2026.

Income Statement

62Positive

Balance Sheet

74Positive

Cash Flow

48Neutral

Financial statement breakdown
Breakdown	TTM	Jun 2026	Jun 2025	Jun 2024	Jun 2023	Mar 2022
Income Statement
Total Revenue	118.38M	118.40M	114.01M	110.33M	100.02M	94.51M
Gross Profit	36.34M	53.92M	61.27M	55.45M	50.52M	49.02M
EBITDA	11.90M	10.58M	19.81M	15.60M	10.20M	17.53M
Net Income	6.36M	6.36M	11.34M	8.72M	3.92M	10.96M
Balance Sheet
Total Assets	109.02M	109.02M	114.34M	103.94M	107.91M	104.29M
Cash, Cash Equivalents and Short-Term Investments	11.70M	11.70M	9.45M	18.39M	19.48M	17.97M
Total Debt	4.94M	4.94M	6.40M	8.25M	9.66M	11.50M
Total Liabilities	43.04M	43.04M	45.43M	42.38M	52.92M	48.00M
Stockholders Equity	65.73M	65.73M	68.68M	61.34M	54.78M	56.09M
Cash Flow
Free Cash Flow	9.38M	9.38M	-3.17M	1.63M	9.55M	12.30M
Operating Cash Flow	10.54M	10.54M	-648.00K	2.66M	10.42M	12.85M
Investing Cash Flow	-1.69M	-1.69M	-1.18M	1.55M	-761.00K	-2.78M
Financing Cash Flow	-6.91M	-6.91M	-7.28M	-5.27M	-8.18M	-6.63M

Bastei Luebbe Technical Analysis

Technical Analysis SentimentNegative

Last Price5.48

Price Trends

50DMA6.23Negative

100DMA6.36Negative

200DMA6.48Negative

Market Momentum

MACD-0.21Positive

RSI28.54Positive

STOCH24.67Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:BST, the sentiment is Negative. The current price of 5.48 is below the 20-day moving average (MA) of 5.93, below the 50-day MA of 6.23, and below the 200-day MA of 6.48, indicating a bearish trend. The MACD of -0.21 indicates Positive momentum. The RSI at 28.54 is Positive, neither overbought nor oversold. The STOCH value of 24.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for DE:BST.

Bastei Luebbe Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

DE:BST against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DE:CWC	71Outperform	EUR 850.17M	12.84	13.39%	2.76%	―	―
DE:APM	60Neutral	EUR 65.68M	49.45	4.79%	―	133.08%	-33.66%
DE:BST	58Neutral	EUR 72.60M	15.22	7.20%	4.56%	1.88%	-48.68%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%

* General Sector Average

Performance Comparison

DE:BST and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
DE:BST	Bastei Luebbe	5.48	-3.10	-36.10%
DE:APM	Ad Pepper Media International NV	2.68	-0.30	-10.07%
DE:CWC	CEWE Stiftung & Co. KGaA	108.60	12.42	12.91%
DE:G6P0	Going Public Media AG	4.40	1.21	38.10%

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.

Date of analysis: Nov 07, 2026

Bastei Luebbe AI Stock Analysis