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Rational AG (RAA.DE)

EUR635.50 +0.50 (+0.08%)
DE XETRA Industrials Industrial - Machinery
Address Siegfried-Meister-Strasse 1 86899
Landsberg am Lech, DE
CEO Peter Stadelmann
IPO 2000-03-06
ISIN DE0007010803

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Also trades on Deutsche Börse · RAA.DE (EUR) Other OTC · RATIY (USD) Other OTC · RTLLF (USD) Swiss Exchange · RAA.SW (CHF)
Description

Headquartered in Landsberg am Lech, Germany, Rational AG, established in 1973, is a global leader in the development, manufacture, and distribution of advanced professional cooking appliances for commercial kitchens. Its innovative product portfolio features the iCombi Pro and iCombi Classic, intelligent combi-steamers accompanied by dedicated care solutions, as well as the iVario, a versatile cooking system designed for liquid-based preparation or direct contact heating. Furthermore, the company provides ConnectedCooking, an online platform to optimize kitchen operations. Beyond these core systems, Rational also supplies a full range of accessories, spare components, and comprehensive services for its equipment. The company caters to a broad spectrum of clients, encompassing hospitality venues like restaurants and hotels, alongside various communal and institutional food service providers such as corporate canteens, hospitals, schools, universities, military facilities, prisons, and retirement homes. Its reach also extends to quick-service establishments, catering companies, supermarkets, bakeries, butcher shops, petrol stations, and food delivery services. These sophisticated culinary solutions are brought to market through a network of independent sales partners.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
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
Averages
Trend
Price
Levels
Draw
EUR635.50 +0.50 (+0.08%)
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Volume Profile
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Liquidity & share structure
Average Volume
11.8K
Beta
1.26
Float Shares
5.10M
Free Float %
44.8%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.39% -3.01% -4.95% -14.14% +0.63% -1.98% -17.87% +2.14% -14.88% +52.89% +1,573.60%
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
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
635.50
DCF (Unlevered) 368.18 -42.1%
DCF (Levered) 301.04 -52.6%

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) 71% Bullish
Rating 2026-05 Change
Strong Buy 3 0
Buy 7 0
Hold 3 -1
Sell 0 0
Strong Sell 1 0
Quality scores
Altman Z-Score
22.71
Safe zone
Piotroski F-Score
4 / 9
Average
MOAT Score
10 / 10
Strong MOAT
Composite Rating
B
Overall Score
3 / 5
Medium
DCF Score
3 / 5
Medium
ROE Score
5 / 5
High
ROA Score
5 / 5
High
D/E Score
1 / 5
Low
P/E Score
2 / 5
Medium
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers ★ Strong MOAT
  • Revenue growth Industrial - Machinery: +7.4%
    +5.5% Q1'26: +7.6% (vs Q1'25)
  • EPS growth Industrial - Machinery: +15.6%
    +1.4% Q1'26: +4.2% (vs Q1'25)
  • FCF margin FCF growth · Industrial - Machinery: +38.2%
    +17.1% Q1'26: +7.3% (vs Q1'25)
  • EBIT margin Industrial - Machinery: +10.0%
    +26.4% Q1'26: +23.4% (vs Q1'25)
  • ROIC Industrial - Machinery: +6.8%
    +57.7% Q1'26: +28.0% (vs Q1'25)
  • Share dilution Industrial - Machinery: +0.0%
    +0.0% Q1'26: +0.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Industrial - Machinery: -0.65×
    0.07× Q1'26: 0.05× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
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.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.40) × ERP
WACC = 100% × Ke + 0% × Kd (7.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 365.83 Current price: 635.50
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

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
13 Rev. Ana.
12 EPS Ana.
Dec 2027
13 Rev. Ana.
12 EPS Ana.
Dec 2028
11 Rev. Ana.
11 EPS Ana.
Dec 2029
5 Rev. Ana.
4 EPS Ana.
Dec 2030
5 Rev. Ana.
4 EPS Ana.
Revenue
391.69M
est: 397.55M (-1.5%)
434.98M
est: 450.72M (-3.5%)
461.15M
est: 462.34M (-0.3%)
496.73M
est: 500.28M (-0.7%)
564.23M
est: 561.33M (+0.5%)
613.01M
est: 612.93M (+0.0%)
702.10M
est: 697.55M (+0.7%)
777.86M
est: 778.59M (-0.1%)
843.63M
est: 843.94M (0.0%)
649.59M
est: 649.20M (+0.1%)
779.73M
est: 779.87M (0.0%)
1.02B
est: 1.01B (+0.7%)
1.13B
est: 1.15B (-1.8%)
1.19B
est: 1.19B (+0.0%)
1.26B
est: 1.26B (+0.1%)
1.35B
1.32B – 1.38B
+7.1% YoY
1.45B
1.39B – 1.50B
+7.6% YoY
1.56B
1.56B – 1.56B
+7.6% YoY
1.70B
1.65B – 1.75B
+8.9% YoY
1.77B
1.71B – 1.82B
+4.0% YoY
EBITDA
110.81M
est: 127.79M (-13.3%)
130.29M
est: 124.71M (+4.5%)
136.00M
est: 132.43M (+2.7%)
146.79M
est: 145.32M (+1.0%)
169.10M
est: 173.71M (-2.7%)
176.81M
est: 183.75M (-3.8%)
199.75M
est: 198.38M (+0.7%)
218.47M
est: 220.48M (-0.9%)
250.93M
est: 237.13M (+5.8%)
132.39M
est: 182.84M (-27.6%)
189.82M
est: 210.72M (-9.9%)
269.18M
est: 238.81M (+12.7%)
317.96M
est: 411.24M (-22.7%)
364.99M
est: 427.56M (-14.6%)
369.12M
est: 451.54M (-18.3%)
483.57M
472.27M – 495.33M
+7.1% YoY
520.37M
500.28M – 536.42M
+7.6% YoY
559.90M
559.61M – 560.19M
+7.6% YoY
609.66M
590.60M – 626.55M
+8.9% YoY
633.92M
614.10M – 651.48M
+4.0% YoY
EBIT
103.54M
est: 120.50M (-14.1%)
123.53M
est: 115.87M (+6.6%)
128.76M
est: 125.86M (+2.3%)
145.83M
est: 138.83M (+5.0%)
160.33M
est: 165.50M (-3.1%)
166.91M
est: 175.13M (-4.7%)
187.92M
est: 188.62M (-0.4%)
204.49M
est: 209.56M (-2.4%)
225.95M
est: 222.76M (+1.4%)
103.12M
est: 163.41M (-36.9%)
159.51M
est: 188.34M (-15.3%)
238.26M
est: 213.44M (+11.6%)
285.34M
est: 386.35M (-26.1%)
327.59M
est: 401.68M (-18.4%)
332.11M
est: 424.21M (-21.7%)
454.30M
443.69M – 465.35M
+7.1% YoY
488.88M
470.00M – 503.95M
+7.6% YoY
526.01M
525.74M – 526.28M
+7.6% YoY
572.76M
554.85M – 588.63M
+8.9% YoY
595.55M
576.93M – 612.05M
+4.0% YoY
Net Income
78.75M
est: 90.89M (-13.4%)
93.29M
est: 89.23M (+4.5%)
97.24M
est: 95.71M (+1.6%)
110.06M
est: 105.18M (+4.6%)
121.79M
est: 125.42M (-2.9%)
127.11M
est: 133.13M (-4.5%)
143.00M
est: 143.99M (-0.7%)
157.31M
est: 159.77M (-1.5%)
171.59M
est: 170.93M (+0.4%)
80.10M
est: 125.53M (-36.2%)
123.66M
est: 144.67M (-14.5%)
185.72M
est: 163.95M (+13.3%)
215.76M
est: 226.73M (-4.8%)
250.53M
est: 242.53M (+3.3%)
253.85M
est: 256.23M (-0.9%)
271.20M
257.21M – 280.17M
+5.8% YoY
292.30M
271.12M – 302.77M
+7.8% YoY
319.17M
290.48M – 328.80M
+9.2% YoY
336.16M
322.50M – 348.27M
+5.3% YoY
364.18M
349.38M – 377.30M
+8.3% YoY
SGA
118.18M
est: 114.01M (+3.7%)
124.61M
est: 134.80M (-7.6%)
132.45M
est: 128.63M (+3.0%)
144.89M
est: 141.64M (+2.3%)
165.57M
est: 161.41M (+2.6%)
182.01M
est: 176.37M (+3.2%)
201.31M
est: 206.18M (-2.4%)
217.28M
est: 224.92M (-3.4%)
235.39M
est: 236.10M (-0.3%)
203.48M
est: 172.21M (+18.2%)
227.55M
est: 198.47M (+14.7%)
283.60M
est: 224.92M (+26.1%)
306.32M
est: 315.33M (-2.9%)
319.51M
est: 327.85M (-2.5%)
335.56M
est: 346.23M (-3.1%)
370.79M
362.13M – 379.81M
+7.1% YoY
399.01M
383.60M – 411.32M
+7.6% YoY
429.32M
429.10M – 429.54M
+7.6% YoY
467.47M
452.86M – 480.42M
+8.9% YoY
486.08M
470.88M – 499.54M
+4.0% YoY
EPS
6.93
est: 7.07 (-2.0%)
8.20
est: 8.71 (-5.9%)
8.55
est: 8.39 (+1.9%)
9.68
est: 9.57 (+1.1%)
10.71
est: 11.08 (-3.3%)
11.18
est: 11.11 (+0.6%)
12.58
est: 12.41 (+1.4%)
13.84
est: 13.65 (+1.4%)
15.09
est: 15.05 (+0.3%)
7.04
est: 7.09 (-0.7%)
10.88
est: 10.82 (+0.6%)
16.33
est: 15.58 (+4.8%)
18.98
est: 19.94 (-4.8%)
22.03
est: 21.38 (+3.0%)
22.33
est: 22.51 (-0.8%)
23.66
22.62 – 24.64
+5.1% YoY
25.52
23.85 – 26.63
+7.9% YoY
27.76
25.55 – 28.92
+8.8% YoY
29.57
28.36 – 30.63
+6.5% YoY
32.03
30.73 – 33.18
+8.3% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-07 B 3/5 3/5 5/5 5/5 1/5 2/5 1/5
2026-05-06 B+ 3/5 3/5 5/5 5/5 3/5 2/5 1/5
2026-05-05 B+ 3/5 3/5 5/5 5/5 3/5 2/5 1/5
2026-05-04 B+ 3/5 3/5 5/5 5/5 3/5 2/5 1/5
2026-04-30 B+ 3/5 3/5 5/5 5/5 3/5 2/5 1/5
2026-04-29 B+ 3/5 3/5 5/5 5/5 3/5 2/5 1/5
2026-04-28 B+ 3/5 3/5 5/5 5/5 3/5 2/5 1/5
2026-04-27 B+ 3/5 3/5 5/5 5/5 3/5 2/5 1/5
2026-04-24 B+ 3/5 3/5 5/5 5/5 2/5 2/5 1/5
2026-04-23 B+ 3/5 3/5 5/5 5/5 2/5 2/5 1/5
2026-04-22 B+ 3/5 3/5 5/5 5/5 2/5 2/5 1/5
2026-04-21 B+ 3/5 3/5 5/5 5/5 2/5 2/5 1/5
2026-04-20 B+ 3/5 3/5 5/5 5/5 2/5 2/5 1/5
2026-04-17 B+ 3/5 3/5 5/5 5/5 2/5 2/5 1/5
2026-04-16 B+ 3/5 3/5 5/5 5/5 2/5 2/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
237.44M
OE per share TTM
20.88
Owner's Yield
3.15%
Maintenance CapEx ratio
16.52%
Maint CapEx / Avg PPE
21.2%

Ownership Overview

Ownership breakdown
At a glance
Institutional holders
1
Total invested
757.5K
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend From To
13F snapshot — 2025 Q4
Investors holding
1
+0 vs prev Q
New positions
0
Closed positions
0
Increased
0
Reduced
0
Put/Call ratio
0.00
Calls held
Puts held
Top institutional holders
# Investor Shares / Δ Mkt value / Δ Own% / Δ Weight% / Δ Avg px / Perf. Hold / Status
1 GARDNER RUSSO & QUINN LLC 975.00 +— (+0.0%) 757.5K +14.0K (+1.9%) 0.01% +0.000 pp 0.01% +0.000 pp EUR765.00 -13.5% 4 qtrs
Ownership breakdown by holder

ETF Ownership

Top ETFs holding this stock Held by 273 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Amundi MDAX ESG UCITS ETF Dist C007.DE 2.56% 5.72M 0.30%
2 Amundi MDAX ESG II UCITS ETF Dist E907.DE 2.55% 2.87M 0.30%
3 Xtrackers MDAX ESG Screened UCITS ETF 1D XDGM.DE 2.46% 2.59M 0.40%
4 iShares MDAX UCITS ETF (DE) EXID.DE 2.06% 827.9K 0.51%
5 iShares MDAX UCITS ETF (DE) EXS3.DE 2.06% 36.31M 0.51%
6 Invesco MDAX UCITS ETF DEAM.DE 2.05% 17.64M 0.19%
7 Amundi MDAX UCITS ETF Dist MD4X.DE 2.05% 5.19M 0.20%
8 iShares EURO STOXX Small UCITS ETF DJSC.L 1.14% 5.57M 0.40%
9 abrdn International Small Cap Active ETF ASCI 0.71% 562.4K 1.05%
10 Fidelity International High Quality ETF FCIQ.TO 0.60% 7.73M 0.51%

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
119.5K
Shares Outstanding
11.37M

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

NameTitleCompensationGender
Peter Stadelmann Chairman of Executive Board & Chief Executive Officer 2M
Markus Paschmann Chief Sales & Marketing Officer and Member of Executive Board 1M male
Martin Hermann Chief Technology Officer & Member of Executive Board 1M
Jorg Walter Chief Financial Officer & Member of Executive Board 972.0K male
Rune Are Chief Financial Officer for RATIONAL North America
Simon Lohse Executive Vice President of Area North America male
Stefan Arnold Head of Investor Relations 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

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits