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Bechtle AG (BC8.DE)
EUR30.70
+0.10 (+0.33%)
DE XETRA Technology Information Technology Services
Address
Bechtle Platz 1 74172
Neckarsulm, DE
Neckarsulm, DE
CEO
Thomas Olemotz Dipl.-Kfm
Website
bechtle.com
IPO
2000-01-24
ISIN DE0005158703
Also trades on
Deutsche Börse · BC8.DE (EUR)
Other OTC · BECTY (USD)
Other OTC · BHTLF (USD)
Description
Bechtle AG, established in 1983 and headquartered in Neckarsulm, Germany, offers a broad spectrum of information technology (IT) solutions primarily throughout Europe. The company operates through two main segments: IT System House & Managed Services, and IT E-Commerce. Its IT System House & Managed Services division delivers strategic IT guidance, sales of hardware and software, project execution, system integration, continuous IT support, and specialized training for IT operations. This segment also focuses on critical business applications such as artificial intelligence, enterprise resource planning (ERP), customer relationship management (CRM), business intelligence, and various data and content management systems. The IT E-Commerce segment facilitates the sale of approximately 40,000 IT products, including hardware, software, and accessories, through its online platform and telemarketing channels. Additionally, Bechtle provides services encompassing data center management, modern workplace technologies, networking, cybersecurity, cloud computing, and custom software development. The company serves a varied clientele across industrial, commercial, financial, and public sector organizations.
Market Cap & Enterprise Value
Merger & Acquisition History
No mergers or acquisitions recorded for this company.
Technical Outlook
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Signal Summary
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| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
EUR30.70
+0.10 (+0.33%)
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Volume Profile
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Liquidity & share structure
Average Volume
287.3K
Beta
0.85
Float Shares
81.87M
Free Float %
65.0%
Price Performance
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -2.78% | -5.19% | +2.74% | -6.46% | -11.93% | -30.25% | -20.25% | -20.89% | -38.96% | +86.41% | -55.96% |
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From
To
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Annual Monthly Returns
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Daily Returns Distribution
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Revenue flow
Revenue by geography
Revenue by segment
From
To
Revenue composition
From
To
By product
By geography
Financial Statements
Select metrics from the tables below to build your comparison.
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
Price Targets & DCF
Current price
30.70
DCF (Unlevered)
45.10
+46.9%
DCF (Levered)
46.19
+50.4%
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
Ratings Trend (MoM)
83% Bullish
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 2 | 0 |
| Buy | 8 | -1 |
| Hold | 1 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 1 | 0 |
Quality scores
Altman Z-Score
3.41
Safe zone
Piotroski F-Score
6 / 9
Average
MOAT Score
6 / 10
Developing
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
4 / 5
High
ROE Score
4 / 5
High
ROA Score
4 / 5
High
D/E Score
2 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
-
Revenue growth Information Technology Services: +10.1%+1.6% Q1'26: +7.6% (vs Q1'25)
-
EPS growth Information Technology Services: +16.7%-6.7% Q1'26: +16.1% (vs Q1'25)
-
FCF margin FCF growth · Information Technology Services: +32.8%+1.6% Q1'26: -1.3% (vs Q1'25)
-
EBIT margin Information Technology Services: +9.0%+4.5% Q1'26: +3.5% (vs Q1'25)
-
ROIC Information Technology Services: +9.5%+8.6% Q1'26: +8.8% (vs Q1'25)
-
Share dilution Information Technology Services: +0.0%+0.0% Q1'26: +0.0% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Information Technology Services: -0.83×1.63× Q1'26: 0.26× (vs Q1'25)
Valuation Multiples
From
To
Price Forecast (3Y)
From
To
Theoretical Return — If Invested Today
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
Consensus Estimates
| Metric |
Dec 2011 actual |
Dec 2012 actual |
Dec 2013 actual |
Dec 2014 actual |
Dec 2015 actual |
Dec 2016 actual |
Dec 2017 actual |
Dec 2018 actual |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 10 Rev. Ana. 7 EPS Ana. |
Dec 2027 10 Rev. Ana. 11 EPS Ana. |
Dec 2028 8 Rev. Ana. 7 EPS Ana. |
Dec 2029 7 Rev. Ana. 2 EPS Ana. |
Dec 2030 7 Rev. Ana. 5 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
1.99B
est: 2.05B (-2.5%)
|
2.10B
est: 2.11B (-0.7%)
|
2.27B
est: 2.28B (-0.5%)
|
2.58B
est: 2.60B (-0.9%)
|
2.83B
est: 2.84B (-0.2%)
|
3.09B
est: 3.08B (+0.4%)
|
3.57B
est: 3.56B (+0.4%)
|
4.32B
est: 4.26B (+1.5%)
|
5.37B
est: 5.28B (+1.9%)
|
5.82B
est: 5.81B (+0.2%)
|
5.31B
est: 6.18B (-14.1%)
|
6.03B
est: 5.98B (+0.9%)
|
6.42B
est: 6.35B (+1.1%)
|
6.31B
est: 6.33B (-0.4%)
|
6.41B
est: 6.43B (-0.4%)
|
6.72B
6.64B – 6.81B
+4.5% YoY
|
7.13B
6.97B – 7.43B
+6.2% YoY
|
7.51B
7.50B – 7.53B
+5.3% YoY
|
8.24B
8.09B – 8.47B
+9.7% YoY
|
8.74B
8.58B – 8.98B
+6.0% YoY
|
| EBITDA |
106.51M
est: 94.22M (+13.0%)
|
104.04M
est: 108.21M (-3.9%)
|
115.06M
est: 107.44M (+7.1%)
|
134.17M
est: 125.51M (+6.9%)
|
158.43M
est: 143.68M (+10.3%)
|
174.84M
est: 169.18M (+3.3%)
|
197.22M
est: 199.04M (-0.9%)
|
237.22M
est: 231.02M (+2.7%)
|
325.72M
est: 293.87M (+10.8%)
|
375.97M
est: 339.23M (+10.8%)
|
430.14M
est: 373.35M (+15.2%)
|
469.00M
est: 405.77M (+15.6%)
|
515.82M
est: 494.85M (+4.2%)
|
510.46M
est: 497.71M (+2.6%)
|
444.25M
est: 500.77M (-11.3%)
|
523.43M
517.02M – 530.10M
+4.5% YoY
|
555.67M
542.89M – 578.73M
+6.2% YoY
|
585.31M
584.33M – 586.29M
+5.3% YoY
|
641.96M
630.54M – 659.64M
+9.7% YoY
|
680.44M
668.34M – 699.18M
+6.0% YoY
|
| EBIT |
88.15M
est: 73.04M (+20.7%)
|
82.29M
est: 89.38M (-7.9%)
|
92.57M
est: 86.75M (+6.7%)
|
110.41M
est: 103.74M (+6.4%)
|
132.09M
est: 119.89M (+10.2%)
|
147.45M
est: 140.64M (+4.8%)
|
165.39M
est: 164.97M (+0.2%)
|
196.42M
est: 196.32M (+0.1%)
|
242.60M
est: 245.65M (-1.2%)
|
278.03M
est: 259.21M (+7.3%)
|
327.14M
est: 285.29M (+14.7%)
|
356.94M
est: 310.05M (+15.1%)
|
389.44M
est: 361.66M (+7.7%)
|
369.91M
est: 361.26M (+2.4%)
|
284.98M
est: 365.99M (-22.1%)
|
382.55M
377.86M – 387.42M
+4.5% YoY
|
406.11M
396.77M – 422.96M
+6.2% YoY
|
427.77M
427.06M – 428.48M
+5.3% YoY
|
469.17M
460.83M – 482.09M
+9.7% YoY
|
497.29M
488.45M – 510.99M
+6.0% YoY
|
| Net Income |
62.72M
est: 55.84M (+12.3%)
|
56.56M
est: 64.86M (-12.8%)
|
63.40M
est: 61.00M (+3.9%)
|
76.19M
est: 72.28M (+5.4%)
|
92.88M
est: 84.19M (+10.3%)
|
103.37M
est: 100.88M (+2.5%)
|
114.56M
est: 118.36M (-3.2%)
|
137.14M
est: 136.93M (+0.2%)
|
170.48M
est: 172.69M (-1.3%)
|
192.55M
est: 183.09M (+5.2%)
|
231.45M
est: 201.50M (+14.9%)
|
251.12M
est: 257.42M (-2.4%)
|
265.51M
est: 260.85M (+1.8%)
|
245.50M
est: 213.83M (+14.8%)
|
229.21M
est: 235.38M (-2.6%)
|
241.00M
237.13M – 244.86M
+2.4% YoY
|
261.16M
243.50M – 294.55M
+8.4% YoY
|
277.62M
273.55M – 297.87M
+6.3% YoY
|
323.82M
316.34M – 335.41M
+16.6% YoY
|
301.14M
294.18M – 311.92M
-7.0% YoY
|
| SGA |
227.14M
est: 212.15M (+7.1%)
|
57.82M
est: 225.11M (-74.3%)
|
60.07M
est: 256.92M (-76.6%)
|
63.96M
est: 216.71M (-70.5%)
|
70.67M
est: 236.48M (-70.1%)
|
79.48M
est: 256.91M (-69.1%)
|
85.26M
est: 292.74M (-70.9%)
|
102.11M
est: 340.92M (-70.0%)
|
108.11M
est: 421.50M (-74.4%)
|
115.34M
est: 426.92M (-73.0%)
|
107.28M
est: 469.87M (-77.2%)
|
136.14M
est: 510.66M (-73.3%)
|
152.52M
est: 416.61M (-63.4%)
|
839.45M
est: 416.16M (+101.7%)
|
821.44M
est: 421.60M (+94.8%)
|
440.67M
435.28M – 446.29M
+4.5% YoY
|
467.82M
457.06M – 487.23M
+6.2% YoY
|
492.77M
491.95M – 493.59M
+5.3% YoY
|
540.46M
530.85M – 555.34M
+9.7% YoY
|
572.85M
562.67M – 588.63M
+6.0% YoY
|
| EPS |
0.50
est: 1.52 (-67.0%)
|
0.45
est: 1.33 (-66.3%)
|
0.50
est: 1.54 (-67.4%)
|
0.61
est: 1.89 (-67.8%)
|
0.74
est: 0.72 (+2.6%)
|
0.82
est: 0.83 (-1.2%)
|
0.91
est: 0.93 (-2.0%)
|
1.09
est: 1.08 (+0.7%)
|
1.35
est: 1.33 (+1.7%)
|
1.53
est: 1.54 (-0.6%)
|
1.84
est: 1.84 (0.0%)
|
1.99
est: 2.02 (-1.4%)
|
2.11
est: 2.07 (+1.9%)
|
1.95
est: 1.96 (-0.3%)
|
1.82
est: 1.83 (-0.5%)
|
1.92
1.88 – 1.94
+4.8% YoY
|
2.09
1.93 – 2.34
+9.0% YoY
|
2.28
2.17 – 2.36
+9.0% YoY
|
2.57
2.51 – 2.66
+12.9% YoY
|
2.39
2.33 – 2.48
-7.0% YoY
|
Historical Ratings (3M)
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-08 | A- | 4/5 | 4/5 | 4/5 | 4/5 | 2/5 | 3/5 | 3/5 |
| 2026-05-07 | A- | 4/5 | 4/5 | 4/5 | 4/5 | 2/5 | 3/5 | 3/5 |
| 2026-05-06 | A- | 4/5 | 4/5 | 4/5 | 4/5 | 2/5 | 3/5 | 3/5 |
| 2026-05-05 | A- | 4/5 | 4/5 | 4/5 | 4/5 | 2/5 | 3/5 | 3/5 |
| 2026-05-04 | A- | 4/5 | 4/5 | 4/5 | 4/5 | 2/5 | 3/5 | 3/5 |
| 2026-04-30 | A- | 4/5 | 4/5 | 4/5 | 4/5 | 2/5 | 3/5 | 3/5 |
| 2026-04-29 | B+ | 3/5 | 4/5 | 3/5 | 4/5 | 2/5 | 3/5 | 3/5 |
| 2026-04-28 | B+ | 3/5 | 4/5 | 3/5 | 4/5 | 2/5 | 3/5 | 3/5 |
| 2026-04-27 | B+ | 3/5 | 4/5 | 3/5 | 4/5 | 2/5 | 3/5 | 3/5 |
| 2026-04-24 | B+ | 3/5 | 4/5 | 3/5 | 4/5 | 2/5 | 3/5 | 3/5 |
| 2026-04-23 | B+ | 3/5 | 4/5 | 3/5 | 4/5 | 2/5 | 3/5 | 3/5 |
| 2026-04-22 | B+ | 3/5 | 4/5 | 3/5 | 4/5 | 2/5 | 3/5 | 3/5 |
| 2026-04-21 | B+ | 3/5 | 4/5 | 3/5 | 4/5 | 2/5 | 2/5 | 3/5 |
| 2026-04-20 | B+ | 3/5 | 4/5 | 3/5 | 4/5 | 2/5 | 2/5 | 3/5 |
| 2026-04-17 | B+ | 3/5 | 4/5 | 3/5 | 4/5 | 2/5 | 2/5 | 3/5 |
| 2026-04-16 | B+ | 3/5 | 4/5 | 3/5 | 4/5 | 2/5 | 2/5 | 3/5 |
Owner Earnings
Owner's Earnings (history)
From
To
Owner alignment
Owner's Earnings TTM
206.79M
OE per share TTM
1.64
Owner's Yield
5.24%
Maintenance CapEx ratio
49.72%
Maint CapEx / Avg PPE
6.7%
Ownership Overview
Ownership breakdown
Ownership breakdown not available.
At a glance
Institutional holders
—
Total invested
—
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional ownership trend
Institutional history not available.
Top institutional holders
Top holders not available.
ETF Ownership
Top ETFs holding this stock
Held by 141 ETFs in our universe
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | Amundi TecDAX UCITS ETF Dist E908.DE | 2.05% | 1.92M | 0.40% |
| 2 | iShares TecDAX UCITS ETF (DE) EXIB.DE | 2.00% | 259.9K | 0.51% |
| 3 | iShares TecDAX UCITS ETF (DE) EXS2.DE | 2.00% | 14.14M | 0.51% |
| 4 | Amundi MDAX ESG UCITS ETF Dist C007.DE | 1.98% | 4.44M | 0.30% |
| 5 | Amundi MDAX ESG II UCITS ETF Dist E907.DE | 1.98% | 2.22M | 0.30% |
| 6 | Xtrackers MDAX ESG Screened UCITS ETF 1D XDGM.DE | 1.91% | 2.01M | 0.40% |
| 7 | Amundi MDAX UCITS ETF Dist MD4X.DE | 1.59% | 4.02M | 0.20% |
| 8 | iShares MDAX UCITS ETF (DE) EXS3.DE | 1.58% | 27.89M | 0.51% |
| 9 | iShares MDAX UCITS ETF (DE) EXID.DE | 1.58% | 635.8K | 0.51% |
| 10 | Invesco MDAX UCITS ETF DEAM.DE | 1.58% | 13.55M | 0.19% |
Insider Activity
Insider Activity — Latest Quarter
No insider activity available.
Insider buys vs sells (history)
Insider history not available.
Recent insider transactions
No recent insider transactions.
Executive team
Top executives
EBIT / Employee
18.1K
Shares Outstanding
126.00M
Executive compensation
Executive compensation (annual)
Executive compensation not available.
CEO compensation breakdown
No CEO compensation history available.
Proxy statements
Proxy statements (DEF 14A)
No proxy statements available for this company yet.
Recent SEC filings
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Thomas Olemotz | Chief Executive Officer & Chairman of The Executive Board | 3M | — |
| Michael Guschlbauer | Chief Operating Officer & Member of Executive Board | 1M | male |
| Gabi Schepperle | Head of Group Accounting & Treasury | — | female |
| Gozard Polak | Managing Director of Bechtle Brussels | — | male |
| Katja Jager | Head of Sales Controlling | — | female |
| Antje Leminsky | Chief Operating Officer & Member of the Executive Board | — | female |
| Marcus Christian Jehle | CFO & Member of the Executive Board | — | male |
| Martin Link | Head of Investor Relations | — | male |
| Oliver Schmidt | Executive Vice President of Managed Services | — | male |
| Konstantin Ebert | Member of the Executive Board & Chief Operating Officer | — | male |
| Dirk Muller-Niessner | Executive Vice President of Southern Region - Bechtle Systemhaus Holding AG & Chief Technology Officer | — | male |
ESG Score History
No data available for this company.
Senate Trading Activity
No Senate trading activity found for this company.
House Trading Activity
No House trading activity found for this company.
Market share among peers
Peer comparison — filtered group (TTM)
Your opinion
Share your view on this stock and instantly see how the community has voted over the last 6 months.
Community Opinion for BC8.DE
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.
