TKMS AG & Co. KGaA (TKMS) AI Stock Analysis

• Market Cap: €4.94B
• Dividend Yield: N/A
• Average Volume (3M): 120.48K
• Price to Earnings (P/E): 60.5
• Beta (1Y): 2.31
• Revenue Growth: 14.59%
• EPS Growth: -15.46%
• Country: DE
• Employees: 9,115
• Sector: General
• Sector Strength: N/A
• Industry: Aerospace & Defense
• EPS (TTM): 1.28
• Shares Outstanding: 63,523,647
• 10 Day Avg. Volume: 125,797
• 30 Day Avg. Volume: 120,485
• PEG Ratio: 1.89
• Price to Book (P/B): 4.81
• Price to Sales (P/S): 2.37
• P/FCF Ratio: 6.23
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €117.33
• Price Target Upside: 33.49% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): 2.68
• Revenue Forecast (FY): €2.80B

• Rating: 62 Neutral
• Price Target: €82.00 ▼(-6.71% Downside)
• Action: Downgraded
• Date: 10/07/26

Positive Factors

Strong revenue growth

The sharp 2025 revenue increase indicates stronger program execution, demand, or delivery progression across TKMS’s naval-platform activities. Sustained growth would improve scale economics, deepen customer relationships, and provide a larger base from which to fund engineering, integration, and lifecycle-support capabilities.

Negative Factors

Moderate and uneven margins

The history of low and uneven net margins shows that earnings remain sensitive to execution, contract mix, and the progress of complex programs. Even with recent improvement, moderate profitability leaves less room for cost overruns or operational setbacks than a structurally higher-margin business would have.

TKMS AG & Co. KGaA Business Overview & Revenue Model

Company Description

TKMS AG & Co KGaA, together with its subsidiaries, provides maritime technologies and solutions in Germany, Norway, Brazil, Israel, and internationally. It operates through three segments: Submarines, Surface Vessels, and Atlas Electronics. The co...

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TKMS AG & Co KGaA, together with its subsidiaries, provides maritime technologies and solutions in Germany, Norway, Brazil, Israel, and internationally. It operates through three segments: Submarines, Surface Vessels, and Atlas Electronics. The co...

How the Company Makes Money

TKMS primarily makes money by contracting with government customers (navies and defense procurement agencies) to deliver complex naval platforms and associated services over multi-year programs. Key revenue streams generally include: - New-build ...

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TKMS primarily makes money by contracting with government customers (navies and defense procurement agencies) to deliver complex naval platforms and associated services over multi-year programs. Key revenue streams generally include: - New-build ...

TKMS AG & Co. KGaA Financial Statement Overview

Breakdown	TTM	Sep 2025	Sep 2024	Sep 2023	Sep 2022
Income Statement
Total Revenue	2.48B	2.17B	1.99B	1.95B	1.70B
Gross Profit	443.78M	383.11M	313.06M	307.94M	238.52M
EBITDA	233.93M	182.49M	138.44M	153.71M	90.13M
Net Income	80.86M	105.01M	84.49M	56.97M	11.05M
Balance Sheet
Total Assets	5.18B	5.40B	4.93B	4.96B	4.70B
Cash, Cash Equivalents and Short-Term Investments	1.22B	1.72B	122.05M	150.97M	265.34M
Total Debt	37.00M	32.70M	32.74M	31.75M	35.01M
Total Liabilities	4.15B	4.31B	3.33B	2.89B	2.75B
Stockholders Equity	1.03B	1.07B	1.59B	2.06B	1.95B
Cash Flow
Free Cash Flow	-47.59M	827.07M	373.88M	195.24M	295.05M
Operating Cash Flow	108.25M	948.08M	457.56M	304.50M	404.55M
Investing Cash Flow	876.80M	942.70M	170.26M	-425.42M	-279.87M
Financing Cash Flow	-783.38M	-285.86M	-641.24M	9.50M	47.53M

TKMS AG & Co. KGaA Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 87.90
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:TKMS, the sentiment is Negative. The current price of 87.9 is above the 20-day moving average (MA) of 80.77, above the 50-day MA of 85.94, and above the 200-day MA of 85.19, indicating a bearish trend. The MACD of -2.56 indicates Positive momentum. The RSI at 40.46 is Neutral, neither overbought nor oversold. The STOCH value of 41.20 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for DE:TKMS.

TKMS AG & Co. KGaA Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MTX	76 Outperform	€18.89B	20.03	20.01%	1.03%	12.33%	10.49%
HAG	71 Outperform	€9.31B	77.59	12.70%	0.68%	14.69%	31.87%
RHM	64 Neutral	€44.89B	61.56	14.33%	1.20%	-2.29%	-17.37%
TKMS	62 Neutral	€4.94B	60.47	7.93%	―	14.59%	-15.46%
R3NK	61 Neutral	€3.47B	35.39	20.97%	1.67%	10.63%	28.99%
Sector *	55 Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
OHB	47 Neutral	€3.30B	70.04	7.83%	0.75%	18.38%	642.89%