Deutsche Rohstoff AG (DR0) AI Stock Analysis

Deutsche Rohstoff AG

(XETRA:DR0)

Select Model

Rating:74Outperform

Price Target:EUR 92.00▲(8.24% Upside)

Action:upgraded

Date:08/22/26

Deutsche Rohstoff scores well overall, led by a cheap valuation (P/E under 3x plus a 2.4% dividend yield) and a firm technical uptrend with price above all key moving averages and positive MACD momentum. Financially, the company is sound — high EBITDA margins, a much stronger equity base and improved leverage — but the score is capped by clear cyclical risks: sharply compressed gross and operating margins, reported profits boosted by non-operating gains rather than core operations, rising absolute debt, and negative free cash flow driven by an aggressive drilling program. Investors should watch for margin stabilisation and a return to positive free cash flow as the key catalysts. Earnings call and corporate event components were excluded due to missing data, with their weights redistributed across financial performance, technicals and valuation.

Positive Factors

TTM Revenue GrowthThe latest twelve-month revenue increase indicates continued demand for the company’s produced hydrocarbons and supports ongoing operating scale. If sustained, stronger revenue can help fund development activity, improve fixed-cost absorption, and reinforce the earnings base over the next several quarters.

Negative Factors

Negative Free Cash FlowNegative and uneven free cash flow shows that reported operating strength is not consistently converting into discretionary cash after investment and working-capital requirements. This can constrain self-funded growth, increase reliance on financing, and make capital allocation less predictable across the next several quarters.

Deutsche Rohstoff AG (DR0) vs. iShares MSCI Germany ETF (EWG)

Market Cap: EUR 432.05M
Dividend Yield: 2.47%
Average Volume (3M): 10.73K
Price to Earnings (P/E): 2.9
Beta (1Y): 0.03
Revenue Growth: -5.55%
EPS Growth: 271.30%
Country: Germany
Employees: 60
Sector: Energy
Sector Strength: 65
Industry: Oil & Gas Integrated

Deutsche Rohstoff AG Business Overview & Revenue Model

Company Description

Operating alongside its various subsidiaries, Deutsche Rohstoff AG specializes in the discovery and extraction of hydrocarbons, specifically crude oil and natural gas. Its primary operational regions for these activities include the United States, Au...

How the Company Makes Money

The company’s main source of revenue is the sale of produced hydrocarbons (crude oil, natural gas, and NGLs where applicable) from its U.S. upstream portfolio. It generates cash flow by acquiring or leasing mineral rights/acreage, funding drilling an...

Deutsche Rohstoff AG Financial Statement Overview

Summary

Solid but mixed. Revenue has scaled from roughly €73m (2021) to €208m TTM with a strong ~60% EBITDA margin, and the balance sheet has strengthened materially — equity up to ~€341m and debt-to-equity down to ~0.72x. Offsetting this, gross margin has compressed from ~56% (2022) to ~31% TTM and operating margin to ~25%, headline TTM net income of ~€148m is inflated by non-operating gains versus ~€51m operating profit, absolute debt keeps rising to ~€244m, and heavy drilling capex has pushed free cash flow to roughly -€64m despite ~€107m of operating cash flow.

Income Statement

68Positive

Balance Sheet

71Positive

Cash Flow

57Neutral

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Dec 2022	Mar 2022
Income Statement
Total Revenue	207.75M	195.10M	236.35M	196.65M	165.44M	73.32M
Gross Profit	63.83M	75.65M	91.73M	99.00M	93.15M	24.89M
EBITDA	122.87M	133.25M	168.54M	158.84M	132.61M	63.64M
Net Income	148.03M	28.90M	50.22M	65.18M	60.77M	24.79M
Balance Sheet
Total Assets	788.43M	578.13M	552.46M	493.77M	350.33M	264.99M
Cash, Cash Equivalents and Short-Term Investments	133.22M	69.31M	19.71M	82.19M	54.20M	23.49M
Total Debt	244.43M	215.58M	176.73M	161.32M	109.89M	117.39M
Total Liabilities	436.26M	357.75M	315.00M	306.28M	217.96M	184.92M
Stockholders Equity	341.41M	211.26M	231.18M	180.37M	128.96M	72.72M
Cash Flow
Free Cash Flow	-63.87M	22.02M	-41.65M	-59.48M	53.78M	-1.01M
Operating Cash Flow	107.25M	121.98M	143.64M	139.26M	142.73M	51.82M
Investing Cash Flow	-75.75M	-112.94M	-181.63M	-149.37M	-72.16M	-29.35M
Financing Cash Flow	41.58M	32.27M	-21.45M	39.56M	-34.73M	-19.71M

Deutsche Rohstoff AG Technical Analysis

Technical Analysis SentimentPositive

Last Price85.00

Price Trends

50DMA86.57Positive

100DMA84.41Positive

200DMA83.24Positive

Market Momentum

MACD1.24Negative

RSI60.48Neutral

STOCH62.45Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:DR0, the sentiment is Positive. The current price of 85.00 is below the 20-day moving average (MA) of 85.89, below the 50-day MA of 86.57, and above the 200-day MA of 83.24, indicating a bullish trend. The MACD of 1.24 indicates Negative momentum. The RSI at 60.48 is Neutral, neither overbought nor oversold. The STOCH value of 62.45 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for DE:DR0.

Deutsche Rohstoff AG Peers Comparison

Overall Rating

UnderperformOutperform

Sector (65)

Financial Indicators

DE:DR0 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DE:DR0	74Outperform	EUR 444.17M	2.94	54.84%	2.47%	-5.55%	271.30%
DE:4DS	67Neutral	EUR 149.64M	17.61	26.65%	0.72%	34.62%	225.48%
Sector *	65Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
DE:HMU	46Neutral	EUR 146.28M	2.23	69.14%	3.42%	33.00%	383.79%

* Energy Sector Average

Performance Comparison

DE:DR0 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
DE:DR0	Deutsche Rohstoff AG	91.20	44.47	95.17%
DE:HMU	HMS Bergbau AG	32.20	-18.88	-36.97%
DE:4DS	Daldrup & Soehne AG	25.00	8.58	52.28%
DE:REL	Ichor Coal NV	0.02	0.00	5.00%

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: Aug 22, 2026

Deutsche Rohstoff AG AI Stock Analysis