Want to see DE:MXHN full AI Analyst Report?
Top Page
MAX Automation
(XETRA:MXHN)
Select Model
Select Model
Rating:48Neutral
Price Target:
€3.00
▼(-12.28% Downside)
Action:Reiterated
Date:08/17/26
The score is held back primarily by weak profitability and sharply deteriorated margins alongside an extremely high P/E, while supportive factors are improved leverage and solid recent free cash flow. Technicals are neutral but still trend-bearish given price below the longer-term moving averages.
Positive Factors
Improved Balance Sheet
The materially lower leverage profile provides a stronger financial cushion than in 2022–2023 and reduces pressure from debt service. This should preserve flexibility to fund operations and manage an industrial downturn, although sustained losses could weaken that protection over time.
Negative Factors
Revenue Contraction
The substantial and persistent revenue decline signals a difficult demand environment or project-timing pressure rather than stable expansion. A smaller revenue base can reduce operating leverage, constrain investment capacity, and make future earnings more dependent on an uneven project pipeline.
Read all positive and negative factors
Positive Factors
Negative Factors
Improved Balance Sheet
The materially lower leverage profile provides a stronger financial cushion than in 2022–2023 and reduces pressure from debt service. This should preserve flexibility to fund operations and manage an industrial downturn, although sustained losses could weaken that protection over time.
Read all positive factors
MAX Automation (MXHN) vs. iShares MSCI Germany ETF (EWG)
Market Cap
€121.67M
Dividend Yield1.98%
Average Volume (3M)1.09K
Price to Earnings (P/E)―
Beta (1Y)0.28
Revenue Growth-8.60%
EPS Growth-107.57%
CountryDE
Employees1,405
SectorGeneral
Sector StrengthN/A
IndustryIndustrial - Machinery
Share Statistics
EPS (TTM)-0.05
Shares Outstanding41,243,180
10 Day Avg. Volume494
30 Day Avg. Volume1,088
Financial Highlights & Ratios
PEG Ratio0.34
Price to Book (P/B)0.86
Price to Sales (P/S)0.50
P/FCF Ratio6.43
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-0.01
Revenue Forecast (FY)€333.03M
MAX Automation Business Overview & Revenue Model
Company Description
Established in Dusseldorf, Germany, in 1991, MAX Automation SE delivers comprehensive automation solutions to a diverse range of industries worldwide, spanning Germany, the European Union, North America, and China. The company serves sectors such ...
MAX Automation Financial Statement Overview
Summary
Income Statement
38
Negative
Balance Sheet
62
Positive
Cash Flow
71
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 347.64M | 334.54M | 366.00M | 397.37M | 342.68M | 349.08M |
| Gross Profit | 4.81M | 38.56M | 59.20M | 202.39M | 213.95M | 179.13M |
| EBITDA | 19.73M | 10.04M | 30.82M | 34.03M | 33.41M | 21.00M |
| Net Income | -2.07M | -4.45M | 60.54M | 15.17M | 14.69M | -1.40M |
Balance Sheet | ||||||
| Total Assets | 332.02M | 340.01M | 363.76M | 384.98M | 373.37M | 277.78M |
| Cash, Cash Equivalents and Short-Term Investments | 12.16M | 12.76M | 8.99M | 23.21M | 35.70M | 30.19M |
| Total Debt | 51.01M | 43.82M | 67.17M | 134.96M | 131.46M | 103.28M |
| Total Liabilities | 151.80M | 146.34M | 165.33M | 270.12M | 279.32M | 237.19M |
| Stockholders Equity | 180.22M | 193.67M | 198.44M | 114.86M | 93.27M | 39.78M |
Cash Flow | ||||||
| Free Cash Flow | 29.62M | 25.85M | 8.69M | 6.40M | -12.18M | 20.85M |
| Operating Cash Flow | 36.03M | 33.41M | 19.05M | 17.19M | -2.87M | 27.67M |
| Investing Cash Flow | -7.15M | -4.86M | 54.06M | -9.05M | -8.42M | -3.31M |
| Financing Cash Flow | -23.97M | -26.22M | -89.89M | -17.29M | 16.27M | -42.02M |
MAX Automation Technical Analysis
Negative
3.42
Price Trends
3.38
Negative
3.61
Negative
3.83
Negative
Market Momentum
-0.11
Positive
32.54
Neutral
27.32
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:MXHN, the sentiment is Negative. The current price of 3.42 is above the 20-day moving average (MA) of 3.16, above the 50-day MA of 3.38, and below the 200-day MA of 3.83, indicating a bearish trend. The MACD of -0.11 indicates Positive momentum. The RSI at 32.54 is Neutral, neither overbought nor oversold. The STOCH value of 27.32 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for DE:MXHN.
MAX Automation Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | €3.33B | 11.63 | 13.67% | 2.60% | 3.44% | 1.73% | |
69 Neutral | €161.91M | 14.26 | 6.84% | 8.99% | -40.42% | -24.77% | |
61 Neutral | €2.33B | -2,300.00 | -0.04% | 1.26% | 1.63% | -86.73% | |
58 Neutral | €1.16B | 5.49 | -2.06% | 4.70% | 1.58% | ― | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
53 Neutral | €391.94M | -15.39 | -34.65% | 0.47% | -27.00% | -5153.47% | |
48 Neutral | €121.67M | -55.66 | -1.09% | 1.98% | -8.60% | -107.57% |
* General Sector Average
DE:MXHN
MAX Automation
2.85
-3.01
-51.37%
DE:AAG
Aumann AG
14.40
2.93
25.51%
DE:DUE
Durr AG
17.02
-2.72
-13.77%
DE:JUN3
Jungheinrich
23.00
-6.31
-21.53%
DE:KRN
Krones AG
107.60
-17.23
-13.80%
DE:LPK
LPKF Laser & Electronics
16.25
9.10
127.27%
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.