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SBF AG (DE:CY1K)
XETRA:CY1K
Germany Market
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SBF AG (CY1K) AI Stock Analysis

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DE:CY1K

SBF AG

(XETRA:CY1K)

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Neutral 44 (OpenAI - Gpt-5.6Sol)
Rating:44Neutral
Price Target:
€3.00
▼(-5.66% Downside)
Action:Reiterated
Date:09/11/26
The score is held down primarily by multi-year losses and inconsistent cash generation, which outweigh a comparatively solid balance sheet. Technicals add additional pressure as the stock trades below all key moving averages with negative momentum. Valuation does not provide a clear support signal due to negative earnings (negative P/E) and no dividend yield data.
Positive Factors
Controlled Leverage
Moderate and improving leverage gives SBF AG a more resilient financial base than its profitability alone would suggest. Stable assets and equity, together with contained debt levels, preserve flexibility to support operations and pursue rail-related opportunities through the next several quarters.
Negative Factors
Multi-Year Unprofitability
Several consecutive years of net and operating losses show that SBF AG has not yet converted its rail-related activity into durable earnings. Persistent unprofitability can restrict internal investment capacity, weaken returns on the equity base, and make the recovery dependent on sustained execution improvements.
Read all positive and negative factors
Positive Factors
Negative Factors
Controlled Leverage
Moderate and improving leverage gives SBF AG a more resilient financial base than its profitability alone would suggest. Stable assets and equity, together with contained debt levels, preserve flexibility to support operations and pursue rail-related opportunities through the next several quarters.
Read all positive factors

SBF AG (CY1K) vs. iShares MSCI Germany ETF (EWG)

SBF AG Business Overview & Revenue Model

Company Description
SBF AG, through its subsidiary, SBF Spezialleuchten GmbH, engages in the supply of lighting systems for rail vehicles, municipalities, railways, and industry in Germany. It offers ceiling and lighting systems; and modern and smart LED systems for ...
How the Company Makes Money
SBF AG primarily makes money by selling manufactured components and systems to customers in the mobility/transportation value chain, with a focus on rail vehicle applications. Revenue is generated through (1) series production supply contracts for...

SBF AG Financial Statement Overview

Summary
Financial quality is below average: income statement profitability has been negative for multiple years (2022–2025) despite some margin improvement in 2025, and cash flow remains inconsistent with volatile operating and free cash flow. The balance sheet is a relative strength with moderate leverage and stable assets/equity, but negative ROE since 2022 shows the capital base is not currently producing profits.
Income Statement
34
Negative
Balance Sheet
66
Positive
Cash Flow
46
Neutral
BreakdownDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue41.88M49.15M33.96M34.84M31.18M
Gross Profit20.53M22.74M15.92M14.75M18.78M
EBITDA580.33K193.66K2.34M5.30M
Net Income-1.18M-1.99M-3.36M-649.05K4.73M
Balance Sheet
Total Assets42.77M49.36M45.39M48.95M42.48M
Cash, Cash Equivalents and Short-Term Investments5.20M6.73M10.80M13.70M9.85M
Total Debt7.04M9.16M6.08M7.46M7.56M
Total Liabilities11.90M17.86M11.86M12.11M13.29M
Stockholders Equity30.40M31.50M33.53M36.84M29.19M
Cash Flow
Free Cash Flow841.00K-2.80M-1.27M-8.05M-1.01M
Operating Cash Flow1.68M-1.78M688.00K-5.07M94.00K
Investing Cash Flow-842.00K-2.95M-1.79M1.02M-977.00K
Financing Cash Flow-1.67M-745.00K-492.00K8.21M5.08M

SBF AG Technical Analysis

Technical Analysis Sentiment
Negative
Last Price3.18
Price Trends
50DMA
3.14
Negative
100DMA
3.70
Negative
200DMA
4.26
Negative
Market Momentum
MACD
-0.08
Positive
RSI
28.90
Positive
STOCH
12.50
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:CY1K, the sentiment is Negative. The current price of 3.18 is above the 20-day moving average (MA) of 3.07, above the 50-day MA of 3.14, and below the 200-day MA of 4.26, indicating a bearish trend. The MACD of -0.08 indicates Positive momentum. The RSI at 28.90 is Positive, neither overbought nor oversold. The STOCH value of 12.50 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for DE:CY1K.

SBF AG Peers Comparison

Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
63
Neutral
$10.79B15.437.44%2.01%2.89%-14.66%
59
Neutral
€33.63M10.7916.48%17.11%
56
Neutral
€35.24M34.676.99%1.59%-30.50%-69.34%
53
Neutral
€31.74M-3.49-10.72%3.62%-26.53%-261.22%
44
Neutral
€27.66M-22.90-3.85%-14.80%40.81%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
DE:CY1K
SBF AG
2.80
-3.70
-56.92%
DE:S188
SMT Scharf
5.80
-1.80
-23.68%
DE:CEA
FRIWO AG
4.16
-3.04
-42.22%
DE:DAR
Datron AG
8.85
1.05
13.51%
DE:ALXA
Alexanderwerk AG
11.50
-1.77
-13.36%
DE:LMIA
Lion E-Mobility AG
1.83
0.61
50.00%
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: Sep 11, 2026