Rational AG
XETRA:RAA

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Rational AG
XETRA:RAA
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Price: 656.5 EUR -0.23% Market Closed
Market Cap: €7.5B

EV/S

5.5
Current
15%
Cheaper
vs 3-y average of 6.5

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
5.5
=
Enterprise Value
€6.5B
/
Revenue
€1.3B

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
5.5
=
Enterprise Value
€6.5B
/
Revenue
€1.3B

Valuation Scenarios

Rational AG is trading below its 3-year average

If EV/S returns to its 3-Year Average (6.5), the stock would be worth €775.65 (18% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-84%
Maximum Upside
+30%
Average Downside
28%
Scenario EV/S Value Implied Price Upside/Downside
Current Multiple 5.5 €656.5
0%
3-Year Average 6.5 €775.65
+18%
5-Year Average 7.2 €854.02
+30%
Industry Average 0.9 €104.31
-84%
Country Average 1.3 €159.68
-76%

Forward EV/S
Today’s price vs future revenue

Today's Enterprise Value Revenue Forward EV/S
€6.5B
/
Jan 2026
€1.3B
=
5.5
Current
€6.5B
/
Dec 2026
€1.4B
=
4.8
Forward
€6.5B
/
Dec 2027
€1.5B
=
4.5
Forward
€6.5B
/
Dec 2028
€1.6B
=
4.2
Forward
€6.5B
/
Dec 2029
€1.7B
=
3.9
Forward
€6.5B
/
Dec 2030
€1.8B
=
3.6
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 Cap EV/S P/E
DE
Rational AG
XETRA:RAA
7.5B EUR 5.5 29.4
JP
Fujitec Co Ltd
TSE:6406
2 720 795.8T JPY 1.4 0
JP
Ishii Iron Works Co Ltd
TSE:6362
304.2T JPY 28 119.7 363 670.8
JP
Star Micronics Co Ltd
TSE:7718
48T JPY 1 29.8
US
Parker-Hannifin Corp
NYSE:PH
123B USD 6.4 34.8
JP
Freund Corp
TSE:6312
16.9T JPY 607.6 8 494.3
JP
Mitsubishi Heavy Industries Ltd
TSE:7011
15.8T JPY 3.3 56.1
SE
Atlas Copco AB
STO:ATCO A
903.7B SEK 5.4 34.2
US
Illinois Tool Works Inc
NYSE:ITW
77.8B USD 5.3 25.3
US
Barnes Group Inc
NYSE:B
68.1B USD 3.9 13.6
SE
Sandvik AB
STO:SAND
490B SEK 4.2 33

Market Distribution

Higher than 84% of companies in Germany
Percentile
84th
Based on 2 724 companies
84th percentile
5.5
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

Rational AG
Glance View

Rational AG, founded in 1973, has carved a unique niche within the culinary world by revolutionizing the art and science of cooking. The company is a global leader in the production of advanced cooking appliances, most notably the combi-steamer oven, which combines steam and convection heat to create a versatile and efficient kitchen tool. This innovation simplifies the cooking processes in professional kitchens around the world by replacing multiple traditional ovens with a single, multifunctional device. By focusing on technology and precision in culinary solutions, Rational enables chefs to achieve consistent, high-quality results, thereby setting new standards in kitchen efficiency and food quality. Rational AG thrives by continually investing in innovative technology and maintaining close relationships with its clients. It operates with a keen understanding of the needs of professional kitchens, from small restaurants to large institutional catering. Earnings are driven largely by the sale of its advanced cooking units, complemented by a robust after-sales service offering, which includes training, support, and replacement parts. This dual approach ensures a steady revenue stream, creating lasting value for their customers by reducing waste, optimizing cooking processes, and training chefs to leverage the full capabilities of their equipment. Rational’s business model emphasizes sustainability and customer satisfaction, which has been pivotal in sustaining its reputation as a leader in the professional cooking appliance industry.

RAA Intrinsic Value
401.58 EUR
Overvaluation 39%
Intrinsic Value
Price €656.5
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