Bechtle AG/€BC8
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Bechtle AG
Bechtle AG is a Germany-based information technology company that operates in the IT services and solutions industry. Its core business includes providing IT systems integration, managed services, software, hardware, and cloud solutions to small, medium, and large enterprises across various sectors. Founded in 1983, Bechtle is headquartered in Neckarsulm, Germany, and has a strong geographic footprint with operations extensively spread across Europe. The company is strategically positioned through its comprehensive IT portfolio, extensive partner network, and expertise in digital transformation, enabling it to meet diverse customer needs effectively. Its business model is characterized by a blend of international reach and local presence, which supports robust client engagement.
- Ticker
- €BC8
- Sector
- Business services
- Primary listing
- XETRA
- Employees
- 16,418
- Headquarters
- Neckarsulm, Germany
- Website
- www.bechtle.com
Bechtle AG Metrics
BasicAdvanced
€4.5B
18.29
€1.95
0.87
€0.70
1.96%
Price and volume
Market cap
€4.5B
Beta
0.87
52-week high
€45.16
52-week low
€24.60
Average daily volume
188K
Dividend rate
€0.70
Financial strength
Current ratio
1.864
Quick ratio
1.142
Long term debt to equity
0.488
Total debt to equity
0.535
Dividend payout ratio (TTM)
35.92%
Interest coverage (TTM)
13.96%
Profitability
EBITDA (TTM)
435.297
Gross margin (TTM)
18.68%
Net profit margin (TTM)
3.63%
Operating margin (TTM)
5.31%
Effective tax rate (TTM)
28.83%
Revenue per employee (TTM)
€410,000
Management effectiveness
Return on assets (TTM)
5.02%
Return on equity (TTM)
12.29%
Valuation
Price to earnings (TTM)
18.291
Price to revenue (TTM)
0.664
Price to book
2.17
Price to tangible book (TTM)
5.22
Price to free cash flow (TTM)
120.064
Free cash flow yield (TTM)
0.83%
Free cash flow per share (TTM)
0.297
Dividend yield (TTM)
1.96%
Forward dividend yield
1.96%
Growth
Revenue change (TTM)
7.74%
Earnings per share change (TTM)
14.82%
3-year revenue growth (CAGR)
2.49%
10-year revenue growth (CAGR)
8.64%
3-year earnings per share growth (CAGR)
-1.57%
10-year earnings per share growth (CAGR)
9.37%
3-year dividend per share growth (CAGR)
2.50%
10-year dividend per share growth (CAGR)
11.61%
What the Analysts think about Bechtle AG
Analyst ratings (Buy, Hold, Sell) for Bechtle AG stock.
Analyst projections of the future price of Bechtle AG stock.
Bulls say / Bears say
Q2 2026 revenue rose 16.5% and pre-tax profit rose 20.1%, with organic growth across regions and customer groups. Bechtle raised its full-year forecast to over 10% business-volume growth and 5–10% growth in revenue and pre-tax profit. (Bechtle)
Order intake rose 26% and the order backlog reached a record €3.5bn, giving Bechtle a stronger base of committed work and better visibility for the second half of the year. (Bechtle, Stock Analysis)
Bechtle won a public-sector framework agreement to broker cloud and AI services, with a maximum value of €250m and options to extend beyond its initial two-year term. The award could help it build its position in government digitalisation and develop related service work. (Bechtle)
Operating cash flow was negative €101.7m in the first half, compared with positive €24.2m a year earlier, as inventory and working capital rose. Bechtle expects a full-year recovery, but that still needs to be delivered. (Bechtle)
Management expects the full-year pre-tax margin to decline slightly, partly because of investment in Bechtle’s own IT infrastructure. It also says some customer projects take longer to start as buyers weigh higher prices and budget availability, risking delays in converting the backlog into sales. (Stock Analysis)
The market backdrop remains a headwind: Bechtle’s interim report cites Germany’s 2026 GDP growth forecast of just 0.6%, while industry estimates for German and French IT markets were cut. Slower customer spending could weigh on demand after the strong first half. (Bechtle)
Data summarised monthly by Lightyear AI. Last updated on 17 Oct 2026.
Bechtle AG Financial Performance
Revenues and expenses
Bechtle AG Earnings Performance
Company profitability
Upcoming events
No upcoming events
Funds containing Bechtle AG
AllEURUSDGBP
Fund name | Fund size | €BC8 weighting |
|---|---|---|
iShares TecDAX€EXS2 | €645M | 2.16% |
iShares MDAX€EXS3 | €1.5B | 1.95% |
iShares MDAX€EXID | €34M | 1.95% |
SPDR S&P Euro Dividend Aristocrats€EUDV | €1.8B | 1.42% |
SPDR S&P Euro Dividend Aristocrats£EUDV | €1.8B | 1.42% |
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.