Klassik Radio AG (KA8) AI Stock Analysis

Klassik Radio AG

(XETRA:KA8)

Select Model

Rating:67.9Neutral

Price Target:EUR 4.00▲(14.29% Upside)

Action:downgraded

Date:09/26/26

The overall score of 68 is primarily driven by a very attractive valuation (P/E of 4.94, 4.47% yield) and a bullish technical trend, though momentum indicators suggest caution. Financial performance is mixed: solid revenue growth and a debt-free balance sheet are offset by volatile margins and a sharp decline in cash flow. The absence of earnings call insights limits forward-looking clarity.

Positive Factors

Revenue RecoveryRevenue reached €21.6m in 2025 and grew about 8.2% after a small 2024 decline. This recovery indicates renewed top-line momentum for the company’s audio and advertising model, providing a stronger base for sustaining operations and funding future digital or broadcast initiatives.

Negative Factors

Volatile Cash GenerationAlthough free cash flow remained positive in 2025, the substantial decline in operating cash flow and prior periods of weak or negative conversion show that cash generation is not consistently aligned with earnings. This variability can restrict dependable reinvestment and reduce resilience during softer trading periods.

Klassik Radio AG (KA8) vs. iShares MSCI Germany ETF (EWG)

Market Cap: EUR 16.89M
Dividend Yield: 4.86%
Average Volume (3M): 3,896
Price to Earnings (P/E): 4.0
Beta (1Y): -0.04
Revenue Growth: 11.17%
EPS Growth: 267.38%
Country: Germany
Employees: 66
Sector: Communication Services
Sector Strength: 60
Industry: Broadcasting

Klassik Radio AG Business Overview & Revenue Model

Company Description

Klassik Radio AG is a German company primarily involved in the operation of radio broadcasting services. Its commercial activities are bifurcated into two principal segments: Radio Stations and Merchandising. The firm earns revenue by facilitating di...

How the Company Makes Money

Klassik Radio AG generates revenue primarily from monetizing its audio audiences and distributing its content across multiple channels. Key revenue streams include: (1) Advertising and sponsorship: selling advertising inventory (e.g., spot ads, spons...

Klassik Radio AG Financial Statement Overview

Summary

Revenue growth and a strong net margin of 10% are positives, but volatile gross margins (62% to 34%) and declining EBIT margin (8.4% to 6.3%) indicate operational instability. The balance sheet is nearly debt-free with a 0.02 debt-to-equity ratio, yet a prior 50% contraction in assets raises concerns. Cash flow remains positive but fell 59% year-over-year, with low cash conversion. Overall, a mixed picture of growth and risk.

Income Statement

65Positive

Balance Sheet

70Positive

Cash Flow

60Neutral

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	28.75M	21.59M	19.42M	19.83M	17.26M	15.01M
Gross Profit	11.18M	7.35M	12.11M	6.39M	9.63M	9.02M
EBITDA	3.69M	2.13M	2.05M	2.35M	1.86M	2.43M
Net Income	3.75M	2.15M	586.00K	638.00K	544.00K	1.36M
Balance Sheet
Total Assets	8.65M	8.65M	8.47M	19.35M	20.21M	21.77M
Cash, Cash Equivalents and Short-Term Investments	982.00K	982.00K	933.00K	326.00K	512.00K	2.63M
Total Debt	87.00K	87.00K	375.00K	6.17M	6.64M	8.29M
Total Liabilities	3.80M	3.80M	5.05M	10.48M	11.26M	12.35M
Stockholders Equity	4.85M	4.85M	3.42M	8.87M	8.96M	9.43M
Cash Flow
Free Cash Flow	1.15M	1.11M	2.46M	1.19M	18.00K	-1.35M
Operating Cash Flow	1.25M	1.22M	2.96M	1.64M	573.00K	106.00K
Investing Cash Flow	-529.00K	-534.00K	-435.00K	-392.00K	-555.00K	-1.46M
Financing Cash Flow	-675.00K	-637.00K	-1.92M	-1.43M	-2.13M	-1.70M

Klassik Radio AG Technical Analysis

Technical Analysis SentimentPositive

Last Price3.50

Price Trends

50DMA3.38Positive

100DMA3.19Positive

200DMA3.05Positive

Market Momentum

MACD0.03Positive

RSI54.08Neutral

STOCH40.00Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:KA8, the sentiment is Positive. The current price of 3.50 is below the 20-day moving average (MA) of 3.51, above the 50-day MA of 3.38, and above the 200-day MA of 3.05, indicating a neutral trend. The MACD of 0.03 indicates Positive momentum. The RSI at 54.08 is Neutral, neither overbought nor oversold. The STOCH value of 40.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for DE:KA8.

Klassik Radio AG Peers Comparison

Overall Rating

UnderperformOutperform

Sector (60)

Financial Indicators

DE:KA8 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DE:KA8	68Neutral	EUR 16.89M	3.98	112.63%	4.86%	11.17%	267.38%
DE:EDL	63Neutral	EUR 100.70M	7.70	22.05%	6.38%	8.89%	23.58%
Sector *	60Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
DE:RRTL	55Neutral	EUR 4.81B	51.94	22.93%	2.08%	-0.58%	178.29%
DE:PSM	49Neutral	EUR 705.61M	-8.61	-7.26%	0.00%	-8.23%	-7.87%

* Communication Services Sector Average

Performance Comparison

DE:KA8 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
DE:KA8	Klassik Radio AG	3.50	0.33	10.31%
DE:PSM	ProSiebenSat.1 Media SE	3.11	-1.98	-38.89%
DE:RRTL	RTL Group SA	31.10	2.04	7.02%
DE:VXT	tmc Content Group Ltd	0.13	-0.06	-33.16%
DE:EDL	Edel SE & Co. KGAA	4.70	0.63	15.51%

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 26, 2026

Klassik Radio AG AI Stock Analysis