Want to see DE:WSU full AI Analyst Report?
Top Page
WashTec
(XETRA:WSU)
Select Model
Select Model
Rating:66Neutral
Price Target:
€37.00
▼(-6.57% Downside)
Action:Reiterated
Date:08/18/26
The score is driven primarily by a stable operating profile and solid cash generation, supported by a reasonable P/E and high dividend yield. The key risk holding the score back is the meaningful increase in leverage, which reduces financial flexibility, while technicals are mildly supportive in the near term.
Positive Factors
Recurring aftermarket revenue
WashTec’s installed-base model creates recurring revenue beyond initial equipment sales through maintenance, spare parts, chemicals and consumables. This repeat business can improve customer retention, support visibility across the cycle, and provide a durable foundation for cash generation.
Negative Factors
Higher financial leverage
The sharp increase in debt-to-equity materially reduces financial flexibility and makes the business more sensitive to any earnings slowdown. Higher leverage can constrain investment and capital allocation choices, while increasing the importance of sustained operating performance and cash generation.
Read all positive and negative factors
Positive Factors
Negative Factors
Recurring aftermarket revenue
WashTec’s installed-base model creates recurring revenue beyond initial equipment sales through maintenance, spare parts, chemicals and consumables. This repeat business can improve customer retention, support visibility across the cycle, and provide a durable foundation for cash generation.
Read all positive factors
WashTec (WSU) vs. iShares MSCI Germany ETF (EWG)
Market Cap
€453.66M
Dividend Yield7.51%
Average Volume (3M)5.76K
Price to Earnings (P/E)14.4
Beta (1Y)0.57
Revenue Growth5.07%
EPS Growth-2.42%
CountryDE
Employees1,883
SectorGeneral
Sector StrengthN/A
IndustryIndustrial - Machinery
Share Statistics
EPS (TTM)2.31
Shares Outstanding13,976,970
10 Day Avg. Volume8,685
30 Day Avg. Volume5,764
Financial Highlights & Ratios
PEG Ratio-16.07
Price to Book (P/B)7.77
Price to Sales (P/S)1.28
P/FCF Ratio16.36
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€46.00Price Target Upside16.16% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)2.72
Revenue Forecast (FY)€524.60M
WashTec Business Overview & Revenue Model
Company Description
WashTec AG, founded in 1885 and headquartered in Augsburg, Germany, is a prominent global supplier of vehicle washing solutions, operating across Europe, North America, and the Asia Pacific. The company delivers a comprehensive portfolio of washin...
How the Company Makes Money
WashTec primarily makes money by selling vehicle wash equipment and by generating recurring aftermarket revenue tied to the installed base of systems it deploys.
Key revenue streams typically include:
1) Equipment and project sales: Revenue from ...
WashTec Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
54
Neutral
Cash Flow
66
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 513.99M | 498.62M | 476.89M | 489.47M | 482.24M | 430.53M |
| Gross Profit | 160.18M | 151.70M | 147.66M | 136.53M | 129.41M | 126.73M |
| EBITDA | 66.75M | 63.84M | 60.57M | 56.79M | 53.23M | 60.27M |
| Net Income | 30.77M | 30.69M | 31.03M | 27.97M | 26.36M | 31.08M |
Balance Sheet | ||||||
| Total Assets | 292.61M | 286.59M | 279.68M | 271.31M | 284.48M | 267.00M |
| Cash, Cash Equivalents and Short-Term Investments | 12.48M | 18.29M | 20.90M | 16.67M | 14.21M | 19.70M |
| Total Debt | 93.01M | 69.72M | 65.77M | 58.56M | 59.46M | 33.79M |
| Total Liabilities | 234.07M | 204.62M | 191.17M | 185.54M | 196.36M | 168.56M |
| Stockholders Equity | 58.55M | 81.97M | 88.51M | 85.76M | 88.13M | 98.45M |
Cash Flow | ||||||
| Free Cash Flow | 33.89M | 38.93M | 41.34M | 43.69M | 14.41M | 41.40M |
| Operating Cash Flow | 40.70M | 46.32M | 49.72M | 58.41M | 21.94M | 45.66M |
| Investing Cash Flow | -6.15M | -6.82M | -10.24M | -15.66M | -6.52M | -3.40M |
| Financing Cash Flow | -50.69M | -45.17M | -43.96M | -34.38M | -47.67M | -39.39M |
WashTec Technical Analysis
Negative
39.60
Price Trends
37.89
Negative
38.25
Negative
41.29
Negative
Market Momentum
-1.30
Positive
20.09
Positive
6.72
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:WSU, the sentiment is Negative. The current price of 39.6 is above the 20-day moving average (MA) of 36.34, above the 50-day MA of 37.89, and below the 200-day MA of 41.29, indicating a bearish trend. The MACD of -1.30 indicates Positive momentum. The RSI at 20.09 is Positive, neither overbought nor oversold. The STOCH value of 6.72 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for DE:WSU.
WashTec Peers Comparison
UnderperformOutperform
Sector (55)
DE:WSU
WashTec
33.30
-4.68
-12.32%
DE:DUE
Durr AG
16.52
-3.22
-16.30%
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.