Stroeer SE & Co KgaA

Stroeer maintains a highly leveraged capital structure, with long-term debt of €1.66 billion against total equity of €476.6 million, resulting in a debt-to-equity ratio of 3.49. The balance sheet shows total assets of €2.80 billion and total liabilities of €2.33 billion. Liquidity is constrained, evidenced by a current ratio of 0.6 and cash and equivalents of €71.3 million, which is significantly lower than the long-term debt burden. The risk assessment flags medium liquidity risk and notes that net cash is negative after subtracting total debt.

Profitability metrics indicate strong returns on equity, with an ROE of 26.11%, driven by the high leverage effect. Return on assets is 4.44%, reflecting the asset-heavy nature of the business. Operating income stands at €257.5 million on revenue of €2.08 billion, yielding an operating margin of approximately 12.4%. Net income is €125.7 million, resulting in a net margin of roughly 6.1%. Free cash flow is robust at €237.3 million, generated after capital expenditures of €94.8 million.

Revenue concentration and segment details are not explicitly provided in the available data, preventing a detailed analysis of geographic or segment-specific exposure. The company operates within the Media industry, which typically involves diverse revenue streams from advertising and media services. Without specific segment data, the revenue mix remains undifferentiated in this analysis.

Growth trajectory cannot be assessed due to the absence of historical period data in the input. The latest normalized period shows revenue of €2.08 billion, but without prior year comparisons, year-over-year growth rates cannot be calculated. The lack of historical trends limits the ability to evaluate the consistency of revenue generation.

Risk factors include medium liquidity risk and low dilution risk. The key flag highlights that net cash is negative after subtracting total debt, indicating reliance on external financing or cash flow generation to service obligations. The high debt-to-equity ratio of 3.49 amplifies financial risk, particularly in a rising interest rate environment. The current ratio of 0.6 suggests potential short-term liquidity pressures.

Recent events include analyst estimates with a mean price target of €49.81 and a median price target of €47.50. The mean recommendation is 2.17, indicating a moderate buy sentiment, with 3 strong buys, 5 buys, and 3 holds. The high price target is €78.00, while the low is €35.00, reflecting a wide range of analyst expectations. No specific filing, news, or transcript observations are provided in the input data.

Analysts project 30.5% upside to a mean price target of €49.81, reflecting a consensus buy recommendation.

Revenue demonstrates a strong 6.3% four-year CAGR, growing from €1.63 billion in 2022 to €2.08 billion in 2026.

Cash conversion is rated best-in-class at 3.3, substantially exceeding the 1.2 median observed across the peer cohort.

The debt-to-equity ratio stands at 3.49, placing Stroeer in the bottom quartile compared to the 0.4 cohort median.

The company faces a high credit risk flag, indicating significant concerns regarding its ability to meet debt obligations.

Net income is projected to decline 3.9% year-over-year in 2026, dropping to €125.7 million from €130.8 million.

The company carries a medium liquidity risk flag, suggesting potential challenges in meeting short-term financial obligations.

Revenue €495.6M, +4,2% YoY; Operating income −11,9% YoY.

• ▍Revenue €495.6M, +4,2% YoY
• ▍Operating income −11,9% YoY
• ▍Net income −15,0% YoY
• ▍Free cash flow −5,2% YoY
• ▍Net margin 1.5%

Revenue €603.3M, +3,0% YoY; Operating income −3,9% YoY.

• ▍Revenue €603.3M, +3,0% YoY
• ▍Operating income −3,9% YoY
• ▍Net income +3,0% YoY
• ▍Free cash flow +10,4% YoY
• ▍Net margin 10.6%

Revenue €491.5M, −0,9% YoY; Operating income −16,4% YoY.

• ▍Revenue €491.5M, −0,9% YoY
• ▍Operating income −16,4% YoY
• ▍Net income −29,1% YoY
• ▍Free cash flow −6,2% YoY
• ▍Net margin 5.0%

Revenue €504.7M, −1,3% YoY; Operating income −14,0% YoY.

• ▍Revenue €504.7M, −1,3% YoY
• ▍Operating income −14,0% YoY
• ▍Net income −13,8% YoY
• ▍Free cash flow −2,2% YoY
• ▍Net margin 5.6%

Revenue €475.5M; Operating income €31.9M.

• ▍Revenue €475.5M
• ▍Operating income €31.9M
• ▍Net margin 1.8%

Revenue €586.0M; Operating income €112.6M.

• ▍Revenue €586.0M
• ▍Operating income €112.6M
• ▍Net margin 10.6%

Revenue €495.9M; Operating income €69.5M.

• ▍Revenue €495.9M
• ▍Operating income €69.5M
• ▍Net margin 7.0%

Revenue €511.5M; Operating income €68.9M.

• ▍Revenue €511.5M
• ▍Operating income €68.9M
• ▍Net margin 6.4%

Revenue €2.08B, +1,4% YoY; Operating income −6,7% YoY.

• ▍Revenue €2.08B, +1,4% YoY
• ▍Operating income −6,7% YoY
• ▍Net income −3,9% YoY
• ▍Free cash flow −3,5% YoY
• ▍Net margin 6.1%

Revenue €2.05B, +6,9% YoY; Operating income +23,8% YoY.

• ▍Revenue €2.05B, +6,9% YoY
• ▍Operating income +23,8% YoY
• ▍Net income +40,9% YoY
• ▍Free cash flow +29,3% YoY
• ▍Net margin 6.4%

Revenue €1.91B, +8,0% YoY; Operating income −6,0% YoY.

• ▍Revenue €1.91B, +8,0% YoY
• ▍Operating income −6,0% YoY
• ▍Net income −35,2% YoY
• ▍Free cash flow +23,0% YoY
• ▍Net margin 4.8%

Revenue €1.77B, +8,9% YoY; Operating income +33,3% YoY.

• ▍Revenue €1.77B, +8,9% YoY
• ▍Operating income +33,3% YoY
• ▍Net income +17,3% YoY
• ▍Free cash flow −25,6% YoY
• ▍Net margin 8.1%