Added to YB: 2026-08-17
Pitch date: 2026-08-13
TKMS.DE [neutral]
TKMS AG & Co KGaA
-0.95%
current return
Author Info
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Company Info
TKMS AG & Co KGaA, together with its subsidiaries, provides maritime technologies and solutions in Germany, Norway, Brazil, Israel, and internationally.
Market Cap
EUR 6.6B
Pitch Price
EUR 105.00
Price Target
N/A
Dividend
N/A
EV/EBITDA
27.33
P/E
81.90
EV/Sales
2.19
Sector
Aerospace and Defense
Category
growth
TKMS (TKMS Germany): Faster submarine execution and a growing pipeline of naval contracts
TKMS.DE (update): Raised 2025/26 guide—rev +10-12% (from 2-5%), adj EBIT margin 6.5% (from >6%) on faster sub execution. FCF -€204m 9M but MEKO advances to turn FY positive. Catalysts: Canada sub by end-2026, India, F127 frigate w/ Rheinmetall (H1 2027), €5bn MEKO from 2027. Risk: much priced in after strong run.
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