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Knaus Tabbert AG (DE:KTA)
XETRA:KTA
Germany Market
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Knaus Tabbert AG (KTA) AI Stock Analysis

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DE:KTA

Knaus Tabbert AG

(XETRA:KTA)

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Neutral 43 (OpenAI - 5.2)
Rating:43Neutral
Price Target:
€12.00
▲(0.00% Upside)
Action:Reiterated
Date:08/17/26
The score is primarily held down by weak financial performance (ongoing losses, high leverage, and negative TTM operating/free cash flow). Technicals add a mild headwind with below-long-term-average pricing and a negative MACD, while valuation provides limited support because the company is currently loss-making and no dividend yield is available.
Positive Factors
Positive Gross Margin and Improving EBIT
The positive gross margin and return to slightly positive EBIT indicate that the core manufacturing model retains economic value. Although profitability remains thin, further operating improvement could provide a foundation for restoring sustainable earnings.
Negative Factors
Persistent Net Losses and Thin Operating Profitability
The company remains loss-making despite positive gross profit and modest EBITDA. Thin operating profitability leaves limited protection against production inefficiencies, input-cost increases or weaker demand, making sustained earnings recovery uncertain.
Read all positive and negative factors
Positive Factors
Negative Factors
Positive Gross Margin and Improving EBIT
The positive gross margin and return to slightly positive EBIT indicate that the core manufacturing model retains economic value. Although profitability remains thin, further operating improvement could provide a foundation for restoring sustainable earnings.
Read all positive factors

Knaus Tabbert AG (KTA) vs. iShares MSCI Germany ETF (EWG)

Knaus Tabbert AG Business Overview & Revenue Model

Company Description
Knaus Tabbert AG, together with its affiliated companies, is a prominent European manufacturer and distributor of recreational vehicles. The firm operates within both Premium and Luxury market segments, offering a diverse range of motorhomes, cara...
How the Company Makes Money
KTA primarily makes money by selling newly manufactured recreational vehicles (motorhomes, camper vans, and caravans) to an independent dealer network, which in turn sells to retail customers; vehicle sales represent the core revenue stream. Reven...

Knaus Tabbert AG Financial Statement Overview

Summary
Financials are weak: TTM net margin is negative (~-2.2%) with only modest EBITDA margin (~3.8%) and declining revenues versus the 2023 peak. Leverage is elevated (debt ~€296m vs equity ~€90m; ~3.3x debt-to-equity) and both operating cash flow (~-€10m) and free cash flow (~-€16.9m) are negative TTM, reducing flexibility.
Income Statement
32
Negative
Balance Sheet
28
Negative
Cash Flow
25
Negative
BreakdownTTMMar 2026Dec 2024Dec 2023Mar 2023Dec 2021
Income Statement
Total Revenue934.30M1.00B1.08B1.44B1.05B862.62M
Gross Profit174.38M249.12M289.89M389.29M296.30M261.23M
EBITDA35.07M19.37M-6.67M123.53M68.01M58.63M
Net Income-20.61M-36.92M-48.01M60.32M29.62M25.90M
Balance Sheet
Total Assets529.44M516.68M639.54M682.47M557.41M344.64M
Cash, Cash Equivalents and Short-Term Investments9.78M8.36M9.15M11.69M5.80M3.17M
Total Debt296.15M319.55M350.44M258.67M205.40M103.59M
Total Liabilities439.81M439.68M526.30M489.90M410.48M210.77M
Stockholders Equity89.63M77.00M113.25M192.57M146.93M133.88M
Cash Flow
Free Cash Flow-16.89M45.35M-37.62M-21.96M-66.89M-20.97M
Operating Cash Flow-10.34M54.58M29.00K32.10M2.80M27.20M
Investing Cash Flow-10.13M-8.51M-34.48M-53.82M-72.69M-47.89M
Financing Cash Flow17.61M-49.96M38.09M19.28M72.49M21.00M

Knaus Tabbert AG Technical Analysis

Technical Analysis Sentiment
Negative
Last Price12.00
Price Trends
50DMA
12.32
Negative
100DMA
12.15
Negative
200DMA
12.46
Negative
Market Momentum
MACD
-0.13
Negative
RSI
45.78
Neutral
STOCH
59.43
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:KTA, the sentiment is Negative. The current price of 12 is above the 20-day moving average (MA) of 11.97, below the 50-day MA of 12.32, and below the 200-day MA of 12.46, indicating a bearish trend. The MACD of -0.13 indicates Negative momentum. The RSI at 45.78 is Neutral, neither overbought nor oversold. The STOCH value of 59.43 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for DE:KTA.

Knaus Tabbert AG Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$18.38B12.79-2.54%3.03%1.52%-15.83%
59
Neutral
€3.46B5.8632.88%1.45%-1.72%-9.29%
52
Neutral
€120.57M61.521.47%26.48%
49
Neutral
€4.88B59.7011.27%26.56%19.28%
43
Neutral
€123.28M-5.81-24.13%-2.11%75.39%
43
Neutral
€105.75M-1.93-36.96%-10.23%-8.88%
* Consumer Cyclical Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
DE:KTA
Knaus Tabbert AG
11.62
-5.88
-33.60%
DE:TUI1
TUI AG
6.88
-1.27
-15.62%
DE:ED4
EDAG Engineering
2.96
-3.96
-57.23%
DE:BIKE
Bike24 Holding AG
2.56
-0.48
-15.79%
DE:C900
auto.de AG
1.20
0.00
0.00%
DE:AG1
AUTO1 Group SE
22.04
-4.44
-16.77%
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 17, 2026