Ernst Russ AG (ERAG) AI Stock Analysis

19 Followers

Ernst Russ AG

(XETRA:ERAG)

Select Model

Rating:85Outperform

Price Target:EUR 10.50▲(17.45% Upside)

Action:reiterated

Date:09/12/26

Ernst Russ AG achieves a high overall score driven primarily by its exceptionally strong balance sheet, stellar net profitability, and attractive valuation. The stock's robust upward price momentum further bolsters the rating, making it a compelling profile despite some recent top-line revenue headwinds.

Positive Factors

Conservative Balance SheetNear-zero leverage and a growing equity base give Ernst Russ substantial financial flexibility. This reduces financing pressure, improves resilience through shipping cycles, and leaves greater capacity to support fleet investment, operations, or shareholder returns without relying heavily on debt.

Negative Factors

Revenue VolatilityUneven revenue performance shows that Ernst Russ remains exposed to fluctuations in shipping activity and vessel-related income. A volatile top line makes planning and forecasting less reliable, and it can limit the consistency of margins, cash generation, and returns across the cycle.

Ernst Russ AG (ERAG) vs. iShares MSCI Germany ETF (EWG)

Market Cap: EUR 305.90M
Dividend Yield: 2.82%
Average Volume (3M): 13.23K
Price to Earnings (P/E): 5.2
Beta (1Y): 0.46
Revenue Growth: -8.98%
EPS Growth: 72.45%
Country: Germany
Employees: 47
Sector: Industrials
Sector Strength: 63
Industry: Marine Shipping

Ernst Russ AG Business Overview & Revenue Model

Company Description

Ernst Russ AG is a publicly listed asset manager that strategically allocates capital across a diverse range of investment classes. Its primary areas of focus include maritime shipping, various alternative investments, real estate, private equity, an...

How the Company Makes Money

Ernst Russ AG makes money primarily through (1) earnings generated by vessels it owns and (2) fees earned for managing vessels for itself and external ship owners. 1) Vessel ownership / ship investment income: ERAG participates as an owner (or co-own...

Ernst Russ AG Financial Statement Overview

Summary

Supported by an incredibly robust, nearly debt-free balance sheet, strong cash flows, and stellar net profitability, though partially offset by recent top-line revenue contraction and gross margin compression.

Income Statement

72Positive

Balance Sheet

95Very Positive

Cash Flow

82Very Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	162.37M	163.08M	172.72M	202.67M	191.74M	92.28M
Gross Profit	48.30M	30.66M	53.67M	72.27M	64.91M	28.78M
EBITDA	100.59M	126.67M	79.53M	101.24M	94.89M	38.92M
Net Income	58.82M	73.48M	42.47M	55.08M	47.27M	15.78M
Balance Sheet
Total Assets	417.44M	370.12M	355.01M	340.27M	283.28M	263.70M
Cash, Cash Equivalents and Short-Term Investments	117.69M	114.35M	110.67M	67.30M	57.75M	26.36M
Total Debt	1.76M	1.86M	2.07M	2.27M	3.26M	79.11M
Total Liabilities	111.25M	77.31M	88.63M	80.18M	75.78M	120.88M
Stockholders Equity	260.11M	248.26M	180.85M	170.68M	118.02M	72.15M
Cash Flow
Free Cash Flow	-10.54M	44.71M	94.57M	-7.93M	64.76M	36.27M
Operating Cash Flow	78.83M	90.42M	98.47M	90.18M	98.75M	39.72M
Investing Cash Flow	-70.40M	19.54M	6.51M	-71.82M	12.60M	-27.54M
Financing Cash Flow	-4.47M	-95.12M	-66.21M	-7.30M	-80.64M	6.41M

Ernst Russ AG Technical Analysis

Technical Analysis SentimentNegative

Last Price8.94

Price Trends

50DMA9.33Negative

100DMA8.55Positive

200DMA8.08Positive

Market Momentum

MACD-0.14Positive

RSI37.39Neutral

STOCH50.59Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:ERAG, the sentiment is Negative. The current price of 8.94 is below the 20-day moving average (MA) of 9.16, below the 50-day MA of 9.33, and above the 200-day MA of 8.08, indicating a neutral trend. The MACD of -0.14 indicates Positive momentum. The RSI at 37.39 is Neutral, neither overbought nor oversold. The STOCH value of 50.59 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for DE:ERAG.

Ernst Russ AG Peers Comparison

Overall Rating

UnderperformOutperform

Sector (63)

Financial Indicators

DE:ERAG against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DE:ERAG	85Outperform	EUR 301.86M	5.16	23.62%	2.82%	-8.98%	72.45%
Sector *	63Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
DE:HLAG	56Neutral	EUR 23.36B	394.70	0.32%	2.24%	-9.12%	-97.55%
DE:HHFA	45Neutral	EUR 2.43B	-54.25	-1.73%	0.47%	3.49%	-127.01%

* Industrials Sector Average

Performance Comparison

DE:ERAG and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
DE:ERAG	Ernst Russ AG	8.94	2.28	34.19%
DE:HHFA	Hamburger Hafen und Logistik	21.50	0.70	3.37%
DE:HLAG	Hapag Lloyd	134.20	19.58	17.09%
DE:EUK2	EUROKAI KGaA	55.00	9.98	22.16%
DE:NEP	SLOMAN NEPTUN Schiffahrts-Aktiengesellschaft	61.00	2.00	3.39%
DE:HHX	HAMMONIA Schiffsholding AG	398.00	128.00	47.41%

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 12, 2026

Ernst Russ AG AI Stock Analysis