Stock · DRW3.DE · Healthcare

Drägerwerk AG & Co. KGaA (pref)

Germany · Small Cap · Revenue 12 mo. €3.6B

Price as of 11/06/2026

StockScorer score
2.7
of 10 3 of 11 points Low Match To the score
Price
€103.20
1 Y +43.5%
Market cap
€1.9B
Phase
Mature
core business profitable, revenue barely moving
Revenue +4.6% a year (3 years)EBIT margin 6.8%Payout 20.3% of operating cash flow

Drägerwerk AG & Co. KGaA operates as a medical and safety technology company worldwide.

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Drägerwerk AG & Co. KGaA operates as a medical and safety technology company worldwide. It develops, produces, and markets system solutions, devices, and services for the medical division, including emergency medicine, perioperative care, intensive care, and perinatal medicine. The company also develops, produces, and markets products, system solutions, and services for personal protection, gas measurement technology, and comprehensive risk management to customers in industry and mining sectors, as well as public sectors, such as fire departments, police, and disaster protection. In addition, it offers patient monitoring systems; anaesthesia machines; medical ventilators and lung monitoring; neonatal incubators and thermoregulation; phototherapy lights and bilirubinometers; surgical and examination lights; medical pendants and infrastructure design; medical gas pipeline system in hospitals; and hospital consumables and accessories, as well as hospital planning and design services. Further, the company offers alcohol and drug testing; diving equipment; fixed gas detectors; hazmat suits; portable gas detection; head and eye protection; rescue and escape; respiratory protection; safety-training systems; thermal imaging cameras; and workshop solution and breathing gas supply, as well as provides various training and services. The company was founded in 1889 and is headquartered in Lübeck, Germany. Drägerwerk AG & Co. KGaA operates as a subsidiary of Dr. Heinrich Dräger GmbH.

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Summary

Drägerwerk AG & Co. KGaA (pref) is around the middle of the Healthcare sector overall

46.2 of 100

Mean of the six area values. Each area value is the mean of the stock's ranks among the companies in its sector. 50 is the middle of the sector, not a share of companies beaten.

Analysis

What the price requires

The price requires 0.6% FCF growth a year: more than over the last 5 years, less than over the last 10 years.

If free cash flow stays at €166.5M (2025), it supports €1.9B. The remaining €82.2M of the market value assume it grows 0.6% a year for 10 years and not at all afterwards.

Required FCF growth per year

0.6%

no growth afterwards

Market value breakdown€1.9B market value, price as of 11/06/2026

€1.9B without growth
€82.2M priced-in growth
  • 5 yrs achieved 0.3%
  • 10 yrs achieved 16.7%
  • priced in 0.6%

Valuation against its own history

Price to operating cash flow 6.9×, above its usual range.

Middle half of 16 quarters: 4.3× to 5.8×, median 5.2×.

Measures only against its own past, not against what the company is worth. Price as of 11/06/2026.

2 signs support the expectation, 1 speaks against it.

What supports it

with respect to the priced-in expectation

  • High, stable gross margin median 44.2%, range 6.6 pp (10 years)
  • Low capital needs capex median 2.6% of revenue (10 years)

What speaks against it

with respect to the priced-in expectation

  • Volatile earnings 4 drops or sign changes in up to 10 years

Since the last quarter

Q1 → Q2 2026

A mixed quarter: 1 figure better, 1 worse.

  • FCF, 12 mo.€160.3M → €188.4M+17.5%better
  • Net debt−€43.4M → €189.9Msign changedworse

6 more unchanged: Revenue, 12 mo., Gross margin, EBIT margin, FCF margin, Shares outstanding, Return on equity

Derivation

How the sector comparison is derived

Each area value is the average of its metrics' ranks within the sector (0 to 100, 50 is the middle). For metrics where lower is better, the rank is mirrored. The overall value is the average of the area values.

Price as of 11/06/2026.

Profitability24.2below the middleEarns less than the sector: Return on capital (Greenblatt) 15.58%, sector 32.55%.
MetricStockSector medianPosition in sector
Return on equity8.58%11.52%Rank 37
Return on capital (Greenblatt)15.58%32.55%Rank 18
EBIT margin6.84%18.31%Rank 19
FCF margin4.78%14.12%Rank 21
Gross margin43.52%60.99%Rank 27
Growth19.7below the middleGrows more slowly than the sector: Earnings growth, 5 years per year −11.30%, sector 7.00%.
MetricStockSector medianPosition in sector
Revenue growth, 1 year3.29%8.04%Rank 24
Earnings growth, 3 years per yeardoes not count towards the rank–5.44%
Earnings growth, 5 years per year−11.30%7.00%Rank 12
Sustainable growth (ROE × retained earnings)2.06%3.66%Rank 24
Valuation93.5above the middleValued lower than the sector: EV/EBIT 8.62, sector 21.73.
MetricStockSector medianPosition in sector
Earnings yield7.21%2.90%Rank 93
FCF yield8.62%3.63%Rank 93
EV/saleslower is better0.594.03Rank 90
EV/EBITlower is better8.6221.73Rank 98
Momentum40.3around the middleShare price moving about like the sector.
MetricStockSector medianPosition in sector
Share price, 1 year43.51%8.66%Rank 86
Share price, 6 months15.41%24.27%Rank 40
Share price, 3 months−1.22%15.42%Rank 12
Distance from 52-week high−17.17%−7.35%Rank 25
Quality47.3around the middleQuality about like the sector.
MetricStockSector medianPosition in sector
Accruals (Sloan)lower is better−0.02%0.30%Rank 53
Change in share countlower is better−0.12%0.00%Rank 53
Dividend streak in years410Rank 46
Price reaction to results, market-adjusted−0.96%0.05%Rank 37
Balance sheet & risk52.5around the middleRisk about like the sector.
MetricStockSector medianPosition in sector
Equity ratio49.63%48.40%Rank 50
Net debt/EBITDAlower is better0.311.11Rank 63
Debt to equitylower is better0.250.48Rank 67
Volatility, 1 yearlower is better39.20%31.42%Rank 29

Ten years in figures

Revenue from €2.5B (2016) to €3.5B (2025), 3.6% a year.

Fiscal years, amounts in EUR
YearRevenue, €BEBIT marginFCF, €MSharesNet debt, €M
20162.56.1%115.617.8M40.1
20172.66.0%72.617.8M−24.2
20182.62.5%−57.617.8M47.6
20192.83.0%100.017.8M96.6
20203.412.1%345.018.5M−121.5
20213.38.4%274.518.8M−91.4
20223.0−2.6%−231.118.8M59.5
20233.45.5%121.518.8M199.4
20243.45.0%103.518.8M172.1
20253.56.8%166.518.7M123.0
2.7 / 10Low MatchStockScorer score3 of 11 points

2 of 7 StockScorer Score rules met · How the score is built

Drägerwerk AG & Co. KGaA (pref) mainly meets criteria in the Valuation category. Result from 18 strategies checked.

This stock · Profitability: 0%This stock · Growth: 0%This stock · Valuation: 100%This stock · Momentum: 100%Median of all stocks · Profitability: 33%Median of all stocks · Growth: 0%Median of all stocks · Valuation: 0%Median of all stocks · Momentum: 0%50%100%ProfitabilityGrowthValuationMomentumThis stockMedian of all stocks

How Drägerwerk AG & Co. KGaA (pref)'s score is built

Drägerwerk AG & Co. KGaA (pref) is rated here with the StockScorer Score strategy, the flagship rule set. It compares return and cash-flow metrics with the median of the company's own sector and checks growth and price trend.

2 of 7 rules met

3 of 11 points

  1. Free cash flow yield above the sector medianmet2 of 2 points
  2. Return on capital (Greenblatt ROC) above the sector mediannot met0 of 2 points
  3. Return on equity above the sector mediannot met0 of 1 point
  4. Free cash flow margin above the sector mediannot met0 of 2 points
  5. Revenue growth above 15%not met0 of 2 points
  6. 3-year earnings growth above 12% p.a.no data0 of 1 point
  7. 12-month share price more than 20 percentage points ahead of the marketmet1 of 1 point
  8. Exclusion: financial and real estate stocksdoes not apply

Detail data

How does Drägerwerk AG & Co. KGaA (pref) stock perform across 18 strategies?

Excerpt from 18 strategies checked. The full evaluation is visible after a free sign-up.

12 more strategies locked

With a free account, you can see the match across all strategies checked in one complete overview.

  • Earnings Quality: Accrual Check (Sloan)
  • Growth Momentum (CAN SLIM principle)
  • StockScorer Score
  • Magic Formula: Value + Quality
  • Levermann Strategy (13 Criteria)
  • Moat Quality
  • Defensive: Low Volatility
  • Acquirer's Multiple: EV/EBIT Deep Value
  • Dividend Aristocrats & Continuity
  • Balanced GARP
  • High-Growth / Rule of 40
  • PEG Strategy (inspired by Peter Lynch)

Drägerwerk AG & Co. KGaA (pref) key metrics: P/E, P/B and equity ratio

Selected fundamental metrics for Drägerwerk AG & Co. KGaA (pref).

MetricStockSector
P/E ratio13.930.0
P/B ratio1.24.8
Return on equity (ROE)8.6%11.5%
Equity ratio49.6%48.4%
Debt-to-equity (D/E)0.250.48
Dividend yield2.2%1.3%

Similar stocks in Healthcare

How comparable stocks in the same sector score in the StockScorer model.

SymbolCompanyRating
DRW3.DEDrägerwerk AG & Co. KGaA (pref)this page
EUZ.DEEckert & Ziegler Strahlen- und Medizintechnik AGLow3.6
PODDInsulet CorporationMedium5.5
DEMANT.CODemant A/Slocked
7733.TOlympus Corp.locked
SN.LSmith & Nephew PLClocked

Frequently asked questions about Drägerwerk AG & Co. KGaA (pref) stock

How does Drägerwerk AG & Co. KGaA (pref) stock (DRW3.DE) score in the StockScorer model?
Drägerwerk AG & Co. KGaA (pref) stock reaches a StockScorer score of 2.7 out of 10, which is a low match with the rule-based strategies. 2 out of 7 flagship profile rules are met.
What is Drägerwerk AG & Co. KGaA (pref)'s P/E ratio?
Drägerwerk AG & Co. KGaA (pref)'s P/E ratio is 13.9. The Healthcare sector median is 30.0.
What sector is Drägerwerk AG & Co. KGaA (pref) in?
Drägerwerk AG & Co. KGaA (pref) is assigned to the Healthcare sector. Its rank within the sector is 46.2 out of 100: 100 means the stock leads its peer group of large and mid-cap sector stocks in every measured area.

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