R. Stahl (RSL2) AI Stock Analysis

R. Stahl

(XETRA:RSL2)

Select Model

Rating:48.9Neutral

Price Target:EUR 10.50▲(5.00% Upside)

Action:reiterated

Date:08/04/26

R. Stahl's stock receives a score of 48.9, reflecting a fair but cautious outlook. The financial performance is the primary driver, with stable profitability and cash flow offset by revenue decline and margin pressure. Technical signals are mixed, showing some near-term strength but longer-term resistance. Valuation appears reasonable relative to earnings. Overall, the stock presents a balanced risk/reward profile.

Positive Factors

Cash Flow RecoveryThe return to positive free cash flow and stronger operating cash generation improves R. Stahl’s ability to fund operations, reduce financing dependence, and support investment internally. Although historical cash flow was uneven, the recent recovery provides a more durable financial base.

Negative Factors

Revenue DeclineRecent revenue contraction points to a softer top-line backdrop after stronger growth in 2022–2024. If the decline persists, it could limit operating leverage, reduce the scale benefits of specialized production, and make sustained margin and earnings improvement more difficult.

R. Stahl (RSL2) vs. iShares MSCI Germany ETF (EWG)

Market Cap: EUR 66.98M
Dividend Yield: ―
Average Volume (3M): 661
Price to Earnings (P/E): 12.7
Beta (1Y): 0.44
Revenue Growth: -4.37%
EPS Growth: ―
Country: Germany
Employees: 1,589
Sector: General
Sector Strength: 55
Industry: Electrical Equipment & Parts

R. Stahl Business Overview & Revenue Model

Company Description

R. STAHL AG, operating through its subsidiaries, specializes globally in the design, manufacturing, assembly, and distribution of robust devices and sophisticated systems. These products are engineered for precise measurement, meticulous control, eff...

How the Company Makes Money

R. Stahl primarily makes money by selling explosion-protected electrical products and integrated solutions for use in hazardous (Ex) areas. Revenue is generated from (1) product sales—standard and configured Ex-certified equipment such as control and...

R. Stahl Financial Statement Overview

Summary

The company shows stable profitability and cash generation, with positive net income and free cash flow. However, revenue declined 1.8% and gross margin dropped significantly, raising concerns about future growth and margins. The balance sheet is solid with manageable leverage. Overall financial health is fair.

Income Statement

38Negative

Balance Sheet

52Neutral

Cash Flow

58Neutral

Financial statement breakdown
Breakdown	TTM	Mar 2026	Dec 2024	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	307.35M	313.00M	343.09M	329.51M	273.29M	247.06M
Gross Profit	63.16M	61.50M	227.53M	218.44M	180.43M	165.65M
EBITDA	35.79M	31.99M	34.19M	26.47M	24.23M	18.28M
Net Income	5.19M	2.96M	5.82M	195.00K	1.95M	-4.91M
Balance Sheet
Total Assets	264.20M	268.01M	265.15M	286.21M	259.69M	246.00M
Cash, Cash Equivalents and Short-Term Investments	18.28M	12.88M	16.27M	11.55M	16.06M	6.34M
Total Debt	75.19M	61.18M	61.23M	66.94M	64.94M	47.78M
Total Liabilities	190.93M	192.34M	192.83M	218.50M	188.35M	196.24M
Stockholders Equity	73.30M	75.47M	72.13M	67.56M	71.15M	49.55M
Cash Flow
Free Cash Flow	11.86M	6.34M	14.80M	300.00K	-8.06M	-3.31M
Operating Cash Flow	15.99M	13.36M	28.56M	14.22M	5.99M	11.86M
Investing Cash Flow	-10.14M	-13.63M	-13.83M	-13.94M	-10.41M	-18.12M
Financing Cash Flow	-4.16M	-2.49M	-9.77M	-4.38M	14.31M	-7.62M

R. Stahl Technical Analysis

Technical Analysis SentimentNegative

Last Price10.00

Price Trends

50DMA11.84Negative

100DMA12.83Negative

200DMA13.13Negative

Market Momentum

MACD-0.37Positive

RSI24.88Positive

STOCH18.33Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:RSL2, the sentiment is Negative. The current price of 10.00 is below the 20-day moving average (MA) of 11.10, below the 50-day MA of 11.84, and below the 200-day MA of 13.13, indicating a bearish trend. The MACD of -0.37 indicates Positive momentum. The RSI at 24.88 is Positive, neither overbought nor oversold. The STOCH value of 18.33 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for DE:RSL2.

R. Stahl Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

DE:RSL2 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DE:AAG	69Neutral	EUR 158.46M	13.66	6.84%	9.38%	-40.42%	-24.77%
DE:KSB	65Neutral	EUR 1.41B	1.31	9.62%	3.24%	1.66%	11.38%
DE:PFV	59Neutral	EUR 1.60B	23.52	12.29%	4.52%	0.35%	116.73%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
DE:RSL2	49Neutral	EUR 66.98M	12.68	7.06%	―	-4.37%	―
DE:LPK	46Neutral	EUR 251.09M	-11.02	-33.16%	―	-26.24%	-2180.10%
DE:MXHN	42Neutral	EUR 102.70M	-48.63	-1.09%	―	-8.60%	-107.57%

* General Sector Average

Performance Comparison

DE:RSL2 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
DE:RSL2	R. Stahl	10.40	-5.10	-32.90%
DE:AAG	Aumann AG	13.80	2.46	21.66%
DE:KSB	KSB (0BQD)	818.00	-94.75	-10.38%
DE:LPK	LPKF Laser & Electronics	10.25	4.11	66.94%
DE:MXHN	MAX Automation	2.49	-3.29	-56.91%
DE:PFV	Pfeiffer Vacuum Technology	161.80	11.72	7.81%

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 04, 2026

R. Stahl AI Stock Analysis