TKMS/€TKMS
1D1W1MYTD1Y5YMAX
Capital at risk
About TKMS
- Ticker
- €TKMS
- Sector
- Industrials
- Primary listing
- XETRA
- Employees
- 9,115
- Headquarters
- Kiel, Germany
- Website
- www.tkmsgroup.com
TKMS Metrics
BasicAdvanced
€5.3B
65.13
€1.27
-
-
Price and volume
Market cap
€5.3B
52-week high
€108.80
52-week low
€56.75
Average daily volume
179K
Financial strength
Current ratio
0.876
Quick ratio
0.514
Long term debt to equity
0.028
Total debt to equity
0.036
Profitability
EBITDA (TTM)
189.548
Gross margin (TTM)
17.91%
Net profit margin (TTM)
3.27%
Operating margin (TTM)
4.41%
Effective tax rate (TTM)
43.43%
Revenue per employee (TTM)
€270,000
Management effectiveness
Return on assets (TTM)
1.23%
Return on equity (TTM)
6.47%
Valuation
Price to earnings (TTM)
65.127
Price to revenue (TTM)
2.127
Price to book
5.17
Price to tangible book (TTM)
-18.41
Price to free cash flow (TTM)
-101.501
Free cash flow yield (TTM)
-0.99%
Free cash flow per share (TTM)
-0.815
Growth
Revenue change (TTM)
14.57%
Earnings per share change (TTM)
-16.18%
Bulls say / Bears say
TKMS raised FY2025/26 sales-growth guidance to 10%-12% from 2%-5% and lifted its expected adjusted EBIT margin to as much as 6.5%, its second outlook increase in six months. (Reuters)
The order backlog remains exceptionally strong at approximately €20.1 billion, while nine-month sales increased 19% and adjusted EBIT rose 13%; this provides substantial revenue visibility for the submarine, surface-vessel and electronics businesses. (TKMS)
Canada selected TKMS as preferred supplier for up to 12 patrol submarines in a procurement described by the Canadian government as its largest-ever defense purchase; successful negotiations could materially expand TKMS's backlog and international production footprint. (Government of Canada)
TKMS trades at a demanding valuation: approximately 39.6x forecast FY2026 earnings and 31.2x FY2027 earnings, leaving limited room for execution disappointments or slower defense-order conversion. (MarketScreener)
Cash generation has weakened materially during the order-book ramp-up: nine-month free cash flow was negative €204 million versus positive €631 million a year earlier, reflecting planned project-execution cash outflows and creating working-capital risk. (TKMS)
Execution and cost pressure remain important risks. TKMS reported higher administrative expenses from the spin-off, wage increases and capacity expansion, while the Surface Vessels segment's adjusted EBIT fell to €18 million from €23 million in the first half. (TKMS)
Data summarised monthly by Lightyear AI. Last updated on 8 Sept 2026.
Upcoming events
No upcoming events
Funds containing TKMS
AllEURGBPUSD
Fund name | Fund size | €TKMS weighting |
|---|---|---|
iShares MDAX€EXID | €34M | 1.31% |
iShares MDAX€EXS3 | €1.5B | 1.30% |
Wisdomtree Europe Defence£WDEP | £4.2B | 1.22% |
VanEck Defense€DFEN | €2.8B | 0.64% |
Vaneck Defense£DFNG | £2.4B | 0.64% |
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.