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SMT Scharf
(XETRA:S188)
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Rating:53Neutral
Price Target:
€6.50
▲(8.33% Upside)
Action:Reiterated
Date:08/29/26
The score is mainly held back by weak recent profitability (TTM revenue decline and net loss) and a negative P/E reflecting losses. Support comes from a low-leverage balance sheet and positive TTM operating/free cash flow, though the sharp drop in free cash flow versus 2025 and mixed technical trend signals limit upside.
Positive Factors
Low Leverage
Low leverage and a sizable equity base give SMT Scharf financial flexibility to absorb mining downturns, fund product and service activity, and avoid excessive interest burden. This resilience is valuable while profitability is recovering.
Negative Factors
Revenue and Profitability Decline
TTM revenue fell 8.8% and net margin was -7.1%, showing that current demand and operating scale are not covering the cost base. Continued losses can weaken returns on the otherwise solid equity base and constrain reinvestment.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Leverage
Low leverage and a sizable equity base give SMT Scharf financial flexibility to absorb mining downturns, fund product and service activity, and avoid excessive interest burden. This resilience is valuable while profitability is recovering.
Read all positive factors
SMT Scharf (S188) vs. iShares MSCI Germany ETF (EWG)
Market Cap
€34.20M
Dividend Yield3.36%
Average Volume (3M)2.04K
Price to Earnings (P/E)―
Beta (1Y)0.07
Revenue Growth-26.53%
EPS Growth-261.22%
CountryDE
Employees509
SectorGeneral
Sector StrengthN/A
IndustryIndustrial - Machinery
Share Statistics
EPS (TTM)-1.66
Shares Outstanding5,521,456
10 Day Avg. Volume1,895
30 Day Avg. Volume2,037
Financial Highlights & Ratios
PEG Ratio0.04
Price to Book (P/B)0.37
Price to Sales (P/S)0.30
P/FCF Ratio2.32
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)-0.47
Revenue Forecast (FY)€101.05M
SMT Scharf Business Overview & Revenue Model
Company Description
SMT Scharf AG engages in the development, manufacture, and service of transportation equipment and logistics systems for underground mining and tunnel construction. The company operates through four segments: Coal Mining, Mineral Mining, Tunnel, a...
How the Company Makes Money
SMT Scharf primarily makes money by selling specialized underground transport equipment and related services. Its main revenue stream is the manufacture and sale of new vehicles and transport systems (including rail-bound and trackless solutions),...
SMT Scharf Financial Statement Overview
Summary
Income Statement
38
Negative
Balance Sheet
72
Positive
Cash Flow
56
Neutral
| Breakdown | TTM | Mar 2026 | Dec 2024 | Mar 2024 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 85.76M | 102.93M | 95.03M | 73.17M | 93.71M | 85.87M |
| Gross Profit | 10.04M | 14.99M | 17.98M | 15.19M | 28.31M | 16.08M |
| EBITDA | 3.40M | 7.14M | 9.42M | 12.34M | 22.71M | 17.68M |
| Net Income | -9.08M | -4.45M | 5.60M | 4.88M | 14.54M | 12.56M |
Balance Sheet | ||||||
| Total Assets | 162.59M | 156.19M | 182.31M | 126.51M | 131.02M | 121.29M |
| Cash, Cash Equivalents and Short-Term Investments | 14.63M | 19.78M | 15.81M | 9.25M | 8.75M | 9.56M |
| Total Debt | 16.35M | 14.78M | 22.65M | 3.00M | 3.42M | 2.80M |
| Total Liabilities | 49.22M | 45.68M | 64.13M | 39.80M | 44.04M | 49.59M |
| Stockholders Equity | 83.17M | 84.71M | 90.67M | 84.94M | 85.28M | 70.25M |
Cash Flow | ||||||
| Free Cash Flow | 2.67M | 13.45M | -901.96K | 2.40M | 2.82M | -9.64M |
| Operating Cash Flow | 3.86M | 14.53M | -348.96K | 3.88M | 5.68M | -5.50M |
| Investing Cash Flow | -1.75M | -1.82M | -1.55M | -1.46M | -2.81M | -3.07M |
| Financing Cash Flow | -8.44M | -13.98M | 5.92M | -794.13K | -1.69M | 6.58M |
SMT Scharf Technical Analysis
Neutral
6.00
Price Trends
6.19
Negative
6.80
Negative
6.59
Negative
Market Momentum
-0.06
Negative
53.89
Neutral
93.33
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:S188, the sentiment is Neutral. The current price of 6 is above the 20-day moving average (MA) of 5.99, below the 50-day MA of 6.19, and below the 200-day MA of 6.59, indicating a neutral trend. The MACD of -0.06 indicates Negative momentum. The RSI at 53.89 is Neutral, neither overbought nor oversold. The STOCH value of 93.33 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for DE:S188.
SMT Scharf Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | €930.00M | 18.18 | 14.44% | ― | 0.81% | -22.07% | |
76 Outperform | €439.19M | 29.19 | 15.97% | 1.31% | 10.44% | 21.23% | |
69 Neutral | €170.52M | 13.61 | 7.20% | 1.39% | -40.42% | -24.77% | |
69 Neutral | €1.20B | 32.02 | 6.80% | 3.39% | 19.45% | -38.43% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
53 Neutral | €34.20M | -3.77 | -7.77% | 3.39% | -26.53% | -261.22% |
* General Sector Average
DE:S188
SMT Scharf
6.15
-1.15
-15.75%
DE:AAG
Aumann AG
13.75
3.39
32.70%
DE:B5A0
Bauer AG
6.00
0.10
1.69%
DE:IVU
IVU Traffic Technologies
25.40
4.96
24.24%
DE:MBH3
Maschinenfabrik Berthold Hermle
186.00
36.60
24.50%
DE:VOS
Vossloh
61.15
-20.84
-25.42%
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.