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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 48 (OpenAI - 5.2)
Rating:48Neutral
Price Target:
€13.00
▼(-1.52% Downside)
Action:Reiterated
Date:07/04/26
The score is held back mainly by weak financial performance: losses and shrinking revenue combined with high leverage and negative ROE. Technicals are neutral (above short-term averages but below the 200-day and with negative MACD), and valuation is difficult to assess due to negative earnings and no dividend yield data.
Positive Factors
Improving cash generation
Sustained positive operating and free cash flow provides durable internal funding to service debt, invest in product lines, and support working capital. If maintained, higher cash conversion reduces refinancing risk and gives management runway to execute restructuring or capex plans.
Negative Factors
Elevated leverage
Very high debt-to-equity materially increases refinancing and interest-rate exposure; it limits strategic flexibility and raises break-even requirements. Over a multi-month horizon, elevated leverage leaves the company vulnerable to cyclical demand swings in discretionary RV markets.
Read all positive and negative factors
Positive Factors
Negative Factors
Improving cash generation
Sustained positive operating and free cash flow provides durable internal funding to service debt, invest in product lines, and support working capital. If maintained, higher cash conversion reduces refinancing risk and gives management runway to execute restructuring or capex plans.
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 (RVs)—notably motorhomes and caravans—under its brand portfolio to a network of independent dealers and distribution partners, who then sell to end customers. Revenue is...

Knaus Tabbert AG Financial Statement Overview

Summary
Overall fundamentals are weak: the income statement shows a sharp deterioration with negative EBIT (~-0.6%) and net losses (~-3.0%) alongside declining TTM revenue (-4.6%). The balance sheet is strained with high leverage (debt-to-equity ~3.5x) and deeply negative ROE (~-38%). Offsetting factors include improved recent cash generation (TTM operating cash flow ~€60m; free cash flow ~€53m, ~34% growth), but coverage of debt remains modest (~0.19x) and cash flow has been volatile historically.
Income Statement
28
Negative
Balance Sheet
22
Negative
Cash Flow
55
Neutral
BreakdownMar 2026Dec 2024Dec 2023Mar 2023Dec 2021
Income Statement
Total Revenue1.00B1.08B1.44B1.05B862.62M
Gross Profit249.12M289.89M389.29M296.30M261.23M
EBITDA19.37M-6.67M123.53M68.01M58.63M
Net Income-36.92M-48.01M60.32M29.62M25.90M
Balance Sheet
Total Assets516.68M639.54M682.47M557.41M344.64M
Cash, Cash Equivalents and Short-Term Investments8.36M9.15M11.69M5.80M3.17M
Total Debt319.55M350.44M258.67M205.40M103.59M
Total Liabilities439.68M526.30M489.90M410.48M210.77M
Stockholders Equity77.00M113.25M192.57M146.93M133.88M
Cash Flow
Free Cash Flow45.35M-37.62M-21.96M-66.89M-20.97M
Operating Cash Flow54.58M29.00K32.10M2.80M27.20M
Investing Cash Flow-8.51M-34.48M-53.82M-72.69M-47.89M
Financing Cash Flow-49.96M38.09M19.28M72.49M21.00M

Knaus Tabbert AG Technical Analysis

Technical Analysis Sentiment
Positive
Last Price13.20
Price Trends
50DMA
11.89
Positive
100DMA
12.08
Positive
200DMA
13.14
Negative
Market Momentum
MACD
-0.11
Negative
RSI
69.39
Neutral
STOCH
80.85
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:KTA, the sentiment is Positive. The current price of 13.2 is above the 20-day moving average (MA) of 11.50, above the 50-day MA of 11.89, and above the 200-day MA of 13.14, indicating a neutral trend. The MACD of -0.11 indicates Negative momentum. The RSI at 69.39 is Neutral, neither overbought nor oversold. The STOCH value of 80.85 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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
66
Neutral
€3.67B5.2645.29%1.57%31.88%
61
Neutral
$18.38B12.79-2.54%3.03%1.52%-15.83%
53
Neutral
€119.25M86.211.15%28.37%
49
Neutral
€5.61B72.0010.60%28.20%35.52%
48
Neutral
€133.66M-4.25-31.52%23.02%-4.53%59.91%
41
Neutral
€119.63M-1.86-43.62%10.96%-12.94%-94.55%
* Consumer Cyclical Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
DE:KTA
Knaus Tabbert AG
12.88
-0.52
-3.88%
DE:TUI1
TUI AG
7.23
-0.26
-3.50%
DE:ED4
EDAG Engineering
3.19
-2.19
-40.71%
DE:BIKE
Bike24 Holding AG
2.70
0.19
7.57%
DE:C900
auto.de AG
1.20
0.00
0.00%
DE:AG1
AUTO1 Group SE
25.30
-2.68
-9.58%
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: Jul 04, 2026