<- Go home

Added to YB: 2026-01-19

Pitch date: 2026-01-15

RHM.DE [neutral]

Rheinmetall AG

-0.65%

current return

Author Info

Lux Opes Research covers European companies. Lots of them. Sign up for the newsletter.

Company Info

Rheinmetall AG provides mobility and security technologies in Germany, Rest of Europe, North, Middle, and South America, Asia and the Near East, and internationally.

Market Cap

EUR 87.1B

Pitch Price

EUR 1.9K

Price Target

N/A

Dividend

0.43%

EV/EBITDA

46.08

P/E

100.82

EV/Sales

8.14

Sector

Aerospace and Defense

Category

growth

Show full summary:
Rheinmetall (RHM Germany): defence supercycle visibility collides with a fully priced execution story

RHM.DE (update): Defence supercycle w/ €70bn backlog, €15-16bn 2026 revenue target, high-teens to 20% EBIT margin, 100%+ cash conversion potential from front-loaded contracts. €80bn new orders expected 2026, reaching €135bn total backlog. Strong execution but fully priced - peers offer better value.

Read full article (2 min)