Bechtle AG
XETRA:BC8

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Bechtle AG
XETRA:BC8
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Price: 29.24 EUR 0.62% Market Closed
Market Cap: €3.7B

EV/S

0.6
Current
25%
Cheaper
vs 3-y average of 0.8

Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.

EV/S
0.6
=
Enterprise Value
€3.8B
/
Revenue
€6.4B

Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.

EV/S
0.6
=
Enterprise Value
€3.8B
/
Revenue
€6.4B

Valuation Scenarios

Bechtle AG is trading below its 3-year average

If EV/S returns to its 3-Year Average (0.8), the stock would be worth €39.24 (34% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+227%
Average Upside
109%
Scenario EV/S Value Implied Price Upside/Downside
Current Multiple 0.6 €29.24
0%
3-Year Average 0.8 €39.24
+34%
5-Year Average 0.9 €43.34
+48%
Industry Average 1.9 €95.59
+227%
Country Average 1.3 €65.76
+125%

Forward EV/S
Today’s price vs future revenue

Today's Enterprise Value Revenue Forward EV/S
€3.8B
/
Jan 2026
€6.4B
=
0.6
Current
€3.8B
/
Dec 2026
€6.8B
=
0.6
Forward
€3.8B
/
Dec 2027
€7.2B
=
0.5
Forward
€3.8B
/
Dec 2028
€7.6B
=
0.5
Forward
€3.8B
/
Dec 2029
€7.9B
=
0.5
Forward
€3.8B
/
Dec 2030
€8.4B
=
0.5
Forward

Forward EV/S shows whether today’s EV/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
EV/S
P/E
All Countries
Close

Market Distribution

Lower than 76% of companies in Germany
Percentile
24rd
Based on 2 724 companies
24rd percentile
0.6
Low
0 — 0.7
Typical Range
0.7 — 2.5
High
2.5 —
Distribution Statistics
Germany
Min 0
30th Percentile 0.7
Median 1.3
70th Percentile 2.5
Max 21 171.2

Bechtle AG
Glance View

In the bustling world of IT services, Bechtle AG stands tall as a formidable player, weaving the digital fabric that underpins Germany's tech-driven economy. Founded in 1983 by Gerhard Schick, Bechtle has grown from humble beginnings to become one of Europe's leading IT service providers. The company operates a hybrid business model that seamlessly integrates IT system houses with a sophisticated e-commerce platform. This dual approach allows Bechtle to offer a comprehensive suite of services ranging from hardware and software solutions to in-depth IT consultancy, managed services, and cloud solutions. By aligning these offerings with the evolving needs of businesses, both large and small, Bechtle maintains a robust and adaptable economic engine that continues to propel its growth. Bechtle's revenue streams are diverse yet interconnected. Its system houses across Europe enable the company to build and maintain close customer relationships, offering tailored IT infrastructure and project services that cater precisely to client needs. Meanwhile, Bechtle’s e-commerce segment, encompassing multiple online stores, caters to the burgeoning demand for tech products by businesses, presenting a broad catalog of OEM technologies. Together, these channels ensure a balanced and resilient revenue base, allowing Bechtle to capitalize on the rising tide of digital transformation across industries. By consistently leveraging its vast expertise and partnerships with leading tech companies, Bechtle not only sustains its market position but also fuels its ambitions for expansion and innovation in the dynamic realm of IT.

BC8 Intrinsic Value
45.55 EUR
Undervaluation 36%
Intrinsic Value
Price €29.24
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