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Company price
46.95 USD 0.00(0%)
Last update at 2026-11-11T21:00:00Z
VOLUME
5
Market Cap
5915.70M
P/E
23.24

Momentum Score

…

Bechtle AG provides information technology (IT) services in Germany, France, Benelux, and Europe. It operates through IT System House & Managed Services and IT E-Commerce segments. The company offers IT strategy consulting, hardware and software solutions, IT infrastructure consulting, modern workplace, application solutions, project planning and implementation, system integration, maintenance and training to multi cloud and managed services, and IT security services and artificial intelligence. The company also provides data centers workplace, networking, cybersecurity, IoT solutions, data and analytics, engineering and manufacturing, consulting, professional, managed, financial, and e-procurement services. In addition, it offers business applications, including business intelligence, collaboration, customer relationship management, and enterprise resource planning. Bechtle AG was founded in 1983 and is headquartered in Neckarsulm, Germany.

Source: TradingView
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Day Price Range
43.35
Low
46.95
High
52 Week Price Range
36.09
Low
51.44
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Bechtle AG is a German IT systems integrator and e-commerce vendor supplying hardware, software, cloud and managed services to corporate and public-sector customers across Europe. Long-term growth may be supported by digitalization and cloud migration, rising demand for managed services and recurring contracts, and further expansion via acquisitions and geographic scale, which could support steadier revenue and cash generation.
Investors should monitor intense competition from global cloud providers and consultancies, cyclicality in IT spending, margin pressure in hardware sales and acquisition integration risk.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
46.95
Dividend Yield
1.49%
Revenue TTM
6405.87M
Revenue Per Share
50.84
Gross Profit TTM
1191.51M
Debt / Equity
0.35
ROE
11.51%
Net Debt
344.00M
ROCE
9.55%
Diluted EPS TTM
2.02

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax 324.08M 345.05M 374.48M 350.49M 320.50M
Minority interest - 0.65M 0.00M - -
Net income 229.13M 245.50M 265.51M 251.12M 231.45M
Selling general administrative - 382.94M 87.72M 136.14M 107.28M
Selling and marketing expenses - 456.51M 64.80M - -
Gross profit 1106.00M 1138.37M 1121.90M 1053.38M 920.01M
Reconciled depreciation - 140.32M 124.66M 112.06M 103.00M
Ebit 284.87M 369.91M 389.44M - 321.83M
Ebitda 444.08M 510.23M 516.06M 469.00M 430.14M
Depreciation and amortization 159.21M 140.32M 126.62M - -
Operating income 284.87M 350.98M 381.42M 354.43M 324.95M
Other operating expenses 6118.60M 5954.79M 6041.32M - -29.67M
Interest expense 27.37M 24.85M 14.96M 6.45M 6.64M
Tax provision - 100.20M 106.33M 99.37M 89.05M
Interest income - 18.82M 4.81M 1.51M 1.42M
Net interest income - -6.04M -7.30M -4.94M -5.22M
Income tax expense 95.84M 100.20M 108.97M - 89.05M
Total revenue 6403.47M 6305.76M 6422.74M 6028.18M 5305.49M
Total operating expenses 821.13M 787.39M 740.48M 5673.74M 4980.54M
Cost of revenue 5297.47M 5167.40M 5300.84M 4974.80M 4385.48M
Total other income expense net 39.20M -5.92M 46.12M - -
Net income from continuing ops - 244.85M 260.76M 251.12M 231.45M
Net income applicable to common shares - - - - 231.45M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 4713.70M 4217.28M 3803.19M 3447.87M 3019.77M
Intangible assets 192.34M 152.21M 117.47M 99.70M 98.86M
Other current assets 34.97M 45.06M 212.22M - 4.34M
Total liab 2662.22M 2302.21M 2060.58M 1909.55M 1666.65M
Total stockholder equity 2048.75M 1911.45M 1742.61M 1538.32M 1353.11M
Other current liab 354.21M 461.81M 344.08M - 281.45M
Common stock 125.95M 126.00M 126.00M - 126.00M
Capital stock - 126.00M 126.00M 126.00M 126.00M
Retained earnings 1820.02M 1716.52M 1549.70M 1372.09M 1156.96M
Other liab - - - - 88.47M
Good will 983.49M 856.86M 732.33M 554.20M 469.65M
Other assets - - -125.96M - 80.25M
Cash 378.63M 643.12M 435.76M 229.59M 431.75M
Total current liabilities 1729.89M 1608.17M 1275.70M 1444.63M 1167.12M
Current deferred revenue 277.48M - 229.90M - -
Net debt 344.00M 169.14M 298.28M 143.69M -
Short term debt 140.24M 243.49M 73.59M - -
Short long term debt - 181.28M 16.40M 111.38M 34.54M
Short long term debt total 722.63M 812.25M 734.04M - -
Other stockholder equity 69.96M 68.93M -27.31M - 70.15M
Property plant equipment - - - - 335.44M
Total current assets 2688.64M 2638.10M 2375.87M 2332.69M 2035.57M
Net tangible assets - - - - 784.61M
Short term investments 73.23M 83.96M 30.00M 62.12M 1.43M
Net receivables 1820.25M 1492.64M 1402.46M 1206.40M 1084.23M
Long term debt - 404.18M 524.12M 261.89M 310.94M
Inventory 381.56M 373.32M 439.55M 607.30M 513.82M
Accounts payable 957.95M 826.98M 629.21M 699.03M 613.23M
Accumulated other comprehensive income 32.82M 105.76M 94.22M - -
Non currrent assets other 3.59M 156.43M 125.05M - -
Non current assets total 2025.06M 1579.18M 1427.32M 1115.18M 984.20M
Capital lease obligations - 226.79M 193.53M 149.88M 143.75M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments - -206.27M -282.55M -224.32M 40.00M
Change to liabilities - - - - 204.54M
Total cashflows from investing activities -265.76M -206.27M -282.55M - -42.94M
Net borrowings - - - - -115.96M
Total cash from financing activities -277.26M -145.97M 28.25M - -179.36M
Change to operating activities - - - - 2.39M
Net income 229.13M 345.05M 265.51M 251.12M 231.45M
Change in cash -188.00M 207.36M 206.17M -202.16M 68.58M
Begin period cash flow 566.63M 435.76M 229.59M 431.75M 363.17M
End period cash flow 378.63M 643.12M 435.76M 229.59M 431.75M
Total cash from operating activities 280.80M 558.15M 459.03M 116.65M 284.49M
Depreciation 159.21M 140.32M 126.62M 112.06M 88.02M
Other cashflows from investing activities - 33.00M 22.89M - -17.03M
Dividends paid 88.17M 88.20M 81.90M -69.30M -56.70M
Change to inventory -0.22M 103.19M 204.11M -93.72M -217.23M
Change to account receivables -148.82M 43.67M 102.72M - -44.37M
Other cashflows from financing activities -67.53M -20.73M -79.79M - -6.70M
Change to netincome - - - - 4.72M
Capital expenditures 120.97M 88.67M 101.18M 81.70M 58.27M
Change in working capital -96.92M 183.09M 71.98M -242.07M -54.68M
Other non cash items -10.61M -110.31M -5.08M 14.11M 11.87M
Free cash flow 159.83M 469.49M 357.85M 34.95M 226.22M

Peer Comparison*

Sector: Technology Industry: Information Technology Services

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
BHTLF
Bechtle AG
-
-%
46.95 23.24 - 0.92 2.55 0.64 8.38
IBM
International Business Machines
-2.98
1.20%
245.25 22.06 18.73 3.39 6.81 4.22 16.61
ACN
Accenture plc
0.54
0.21%
254.19 16.00 14.29 1.66 3.84 1.65 9.80
INFY
Infosys Ltd ADR
0.03
0.20%
12.32 25.55 22.78 4.20 8.01 4.10 15.87
FJTSF
Fujitsu Limited
-
-%
21.91 21.97 14.84 0.01 3.44 1.86 11.66

Profile*

Bechtle AG

Bechtle AG provides information technology (IT) services in Germany, France, Benelux, and Europe. It operates through IT System House & Managed Services and IT E-Commerce segments. The company offers IT strategy consulting, hardware and software solutions, IT infrastructure consulting, modern workplace, application solutions, project planning and implementation, system integration, maintenance and training to multi cloud and managed services, and IT security services and artificial intelligence. The company also provides data centers workplace, networking, cybersecurity, IoT solutions, data and analytics, engineering and manufacturing, consulting, professional, managed, financial, and e-procurement services. In addition, it offers business applications, including business intelligence, collaboration, customer relationship management, and enterprise resource planning. Bechtle AG was founded in 1983 and is headquartered in Neckarsulm, Germany.

Bechtle Platz 1, Neckarsulm, Germany, 74 172

49 7132 981 0

14232

Name Title Year Born
Mr. Klaus Winkler Chairman of the Supervisory Board 1958
Dr. Thomas Olemotz CEO & Chairman of The Exec. Board 1962
Mr. Jürgen Schäfer Dipl.-Kfm Member of Exec. Board 1958
Mr. Michael Guschlbauer Member of Exec. Board 1964
Mr. Gerhard Schick Co-Founder & Honorary Chairman of the Supervisory Board 1940
Mr. Stefan Sagowski Exec. VP of Fin. Division 1964
Ms. Gabi Schepperle Head of Group Accounting & Treasury NA
Mr. Martin Link Head of Investor Relations NA
Ms. Katja Jager Head of Sales Controlling NA
Ms. Dilan Günes Mang. of HR NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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