Traton SE/€8TRA
1D1W1MYTD1Y5YMAX
Capital at risk
About Traton SE
Traton SE is a commercial vehicle manufacturer headquartered in Munich, Germany. It operates within the automotive industry, focusing on the design, production, and sale of trucks, buses, and vans. The company encompasses well-known brands such as MAN, Scania, and Volkswagen Caminhões e Ônibus. Established in 2018 as a subsidiary of Volkswagen AG, Traton SE aims to provide innovative transportation solutions, prioritizing sustainability and digitalization. The company has a significant presence in Europe and South America, with manufacturing and assembly facilities strategically located to serve its key markets. Traton SE’s competitive strengths include its extensive portfolio of commercial vehicles and a focus on developing advanced technologies, such as electrification and automation, to meet evolving customer needs.
- Ticker
- €8TRA
- Sector
- Industrials
- Primary listing
- XETRA
- Employees
- 108,752
- Headquarters
- Munich, Germany
- Website
- traton.com
Traton SE Metrics
BasicAdvanced
€18B
10.27
€3.54
1.35
€0.93
2.56%
Price and volume
Market cap
€18B
Beta
1.35
52-week high
€41.36
52-week low
€25.78
Average daily volume
120K
Dividend rate
€0.93
Financial strength
Current ratio
0.989
Quick ratio
0.644
Long term debt to equity
0.97
Total debt to equity
1.494
Dividend payout ratio (TTM)
26.30%
Interest coverage (TTM)
4.03%
Profitability
EBITDA (TTM)
4,758
Gross margin (TTM)
17.32%
Net profit margin (TTM)
4.01%
Operating margin (TTM)
5.41%
Effective tax rate (TTM)
25.41%
Revenue per employee (TTM)
€410,000
Management effectiveness
Return on assets (TTM)
2.16%
Return on equity (TTM)
9.67%
Valuation
Price to earnings (TTM)
10.269
Price to revenue (TTM)
0.411
Price to book
0.94
Price to tangible book (TTM)
3.42
Price to free cash flow (TTM)
-8.826
Free cash flow yield (TTM)
-11.33%
Free cash flow per share (TTM)
-4.114
Dividend yield (TTM)
2.56%
Forward dividend yield
2.56%
Growth
Revenue change (TTM)
-4.02%
Earnings per share change (TTM)
-18.86%
3-year revenue growth (CAGR)
-0.79%
3-year earnings per share growth (CAGR)
1.54%
3-year dividend per share growth (CAGR)
9.93%
Bulls say / Bears say
H1 2026 incoming orders rose 30% to 181,900 vehicles, producing a 1.2 book-to-bill ratio and improving visibility for deliveries in subsequent quarters. (TRATON)
Adjusted operating result increased 12% to €1.5 billion and adjusted operating return on sales improved to 7.0% from 6.3%, indicating meaningful profitability recovery despite broadly flat revenue. (TRATON)
The portfolio is gaining traction in electrification and core European operations: H1 all-electric vehicle sales rose 53%, while MAN unit sales increased 8% and Scania’s Q2 unit sales grew 7%. (TRATON)
International Motors remains a material weakness: H1 2026 unit sales fell 15% year over year and its adjusted operating return on sales dropped to 1.1% from 1.9%. (TRATON)
The recovery is uneven geographically, with TRATON still forecasting a South American market decline of 10% to 0% in 2026; this leaves Volkswagen Caminhões e Ônibus and Scania exposed to regional demand volatility. (TRATON)
The sharp increase in orders has not yet translated into higher reported volumes: H1 revenue was essentially flat at €22.0 billion and unit sales declined 1% year over year, following a subdued first quarter. (TRATON)
Data summarised monthly by Lightyear AI. Last updated on 9 Sept 2026.
Upcoming events
No upcoming events
Funds containing Traton SE
AllEURGBPUSD
Fund name | Fund size | €8TRA weighting |
|---|---|---|
iShares MDAX€EXS3 | €1.5B | 1.48% |
iShares MDAX€EXID | €34M | 1.47% |
Vanguard FTSE Developed Europe ex UK€VERX | €3.4B | 0.03% |
Vanguard FTSE Developed Europe ex UK£VERX | £2.9B | 0.03% |
Vanguard FTSE Developed Europe€VWCG | €3.1B | 0.02% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.