Stock · RHM.DE · Industrials
Germany · Large Cap · Revenue 12 mo. €10.4B
Price as of 11/06/2026
Rheinmetall AG provides mobility and security technologies in Germany, Rest of Europe, North, Middle, and South America, Asia and the Near East, and internationally.
Rheinmetall AG provides mobility and security technologies in Germany, Rest of Europe, North, Middle, and South America, Asia and the Near East, and internationally. The company operates through the Vehicle Systems, Weapon and Ammunition, and Electronic Solutions segments. Its Vehicle Systems segment offers combat, logistics, support, and special vehicles, including armored tracked vehicles, CBRN protection systems, artillery, turret systems, and wheeled logistics and tactical vehicles. The Weapon and Ammunition segment provides firepower and protection solutions, such as weapons and ammunition, protection systems, propellants, and international projects and services. Its Electronic Solutions segment offers a chain of systems network, such as sensors, networking platforms, automated connected effectors for soldiers, cyberspace protection solutions, and training and simulation solutions. The company's products include air defense, soldier, and fire control systems; radar technology; and command, control and reconnaissance systems, as well as simulations for the army, air force, navy, and civil applications. It also engages in the aftermarket activities. The company was formerly known as Rheinmetall Berlin AG and changed its name to Rheinmetall AG in 1996. Rheinmetall AG was founded in 1889 and is headquartered in Düsseldorf, Germany.
Original text from the data provider
Summary
45.0 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
If free cash flow stays at €1.4B (2025), it supports €15.7B. The remaining €23.6B of the market value assume it grows 12.8% a year for 10 years and not at all afterwards.
Required FCF growth per year
12.8%
no growth afterwards
Price to operating cash flow 28.9×, within its usual range.
Middle half of 20 quarters: 17.9× to 40.7×, median 28.5×.
Measures only against its own past, not against what the company is worth. Price as of 11/06/2026.
with respect to the priced-in expectation
with respect to the priced-in expectation
No anomaly in the stored figures.
Since the last quarter
Q1 → Q2 2026
3 more unchanged: EBIT margin, Shares outstanding, Return on equity
Derivation
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.
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Return on equity | 13.89% | 13.10% | Rank 52 |
| Return on capital (Greenblatt) | 41.21% | 19.33% | Rank 74 |
| EBIT margin | 17.13% | 11.28% | Rank 74 |
| FCF margin | 14.23% | 8.50% | Rank 80 |
| Gross margin | 52.38% | 28.98% | Rank 90 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Revenue growth, 1 year | 1.89% | 5.15% | Rank 32 |
| Earnings growth, 3 years per year | 6.20% | 8.01% | Rank 46 |
| Earnings growth, 5 years per year | 264.56% | 12.89% | Rank 100 |
| Sustainable growth (ROE × retained earnings) | 8.79% | 4.02% | Rank 81 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Earnings yield | 1.84% | 4.42% | Rank 9 |
| FCF yield | 3.59% | 3.98% | Rank 42 |
| EV/saleslower is better | 3.92 | 2.08 | Rank 28 |
| EV/EBITlower is better | 22.88 | 19.47 | Rank 38 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Share price, 1 year | −62.02% | −0.01% | Rank 0 |
| Share price, 6 months | −32.81% | −1.43% | Rank 10 |
| Share price, 3 months | −23.98% | 0.53% | Rank 7 |
| Distance from 52-week high | −57.67% | −16.36% | Rank 2 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Accruals (Sloan)lower is better | −4.76% | 1.39% | Rank 94 |
| Change in share countlower is better | 0.00% | −0.44% | Rank 33 |
| Dividend streak in years | 4 | 5 | Rank 49 |
| Price reaction to results, market-adjusted | −3.22% | 0.27% | Rank 20 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Equity ratio | 29.34% | 39.65% | Rank 26 |
| Net debt/EBITDAlower is better | −0.19 | 1.38 | Rank 79 |
| Debt to equitylower is better | 0.26 | 0.61 | Rank 78 |
| Volatility, 1 yearlower is better | 47.53% | 32.95% | Rank 11 |
Ten years in figures
| Year | Revenue, €B | EBIT margin | FCF | Shares | Net debt |
|---|---|---|---|---|---|
| 2016 | 5.6 | 6.3% | €161.0M | 42.6M | €171.0M |
| 2017 | 5.9 | 6.5% | €276.0M | 42.8M | −€37.0M |
| 2018 | 6.1 | 8.2% | −€35.0M | 43.0M | €131.0M |
| 2019 | 6.3 | 8.3% | €314.0M | 43.1M | €73.0M |
| 2020 | 5.9 | 5.0% | €216.0M | 43.2M | −€4.0M |
| 2021 | 5.7 | 10.9% | €419.0M | 43.3M | −€118.0M |
| 2022 | 6.4 | 11.5% | −€175.0M | 43.4M | €427.0M |
| 2023 | 7.2 | 12.5% | €345.0M | 46.3M | €1.1B |
| 2024 | 9.8 | 14.4% | €988.0M | 46.7M | €1.2B |
| 2025 | 9.9 | 17.1% | €1.4B | 46.7M | −€368.0M |
3 of 7 StockScorer Score rules met · How the score is built
Rheinmetall AG mainly meets criteria in the Profitability category. Result from 18 strategies checked.
Rheinmetall AG 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.
3 of 7 rules met
5 of 11 points
Detail data
Excerpt from 18 strategies checked. The full evaluation is visible after a free sign-up.
With a free account, you can see the match across all strategies checked in one complete overview.
Selected fundamental metrics for Rheinmetall AG.
| Metric | Stock | Sector |
|---|---|---|
| P/E ratio | 54.5 | 22.5 |
| P/B ratio | 7.6 | 2.9 |
| Return on equity (ROE) | 13.9% | 13.1% |
| Equity ratio | 29.3% | 39.7% |
| Debt-to-equity (D/E) | 0.26 | 0.61 |
| Dividend yield | 1.4% | 2.0% |
How comparable stocks in the same sector score in the StockScorer model.
| Symbol | Company | Rating |
|---|---|---|
| RHM.DE | Rheinmetall AGthis page | |
| MTX.DE | MTU Aero Engines AG | Medium5.5 |
| BDRAF | Bombardier Inc Series A | locked |
| RKLB | Rocket Lab USA Inc. | Low1.8 |
| 600150.SS | China CSSC Holdings Ltd | locked |
| HEI | Heico Corporation | locked |
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