1.14%
1.53%
1.47%
-22.16%
-34.17%
-39.64%
-26.93%

Company Description

Bechtle AG provides information technology (IT) services primarily in Europe.The company operates in two segments, IT System House & Managed Services, and IT E-Commerce.The IT System House & Managed Services segment offers IT strategy consulting, hardware and software selling, project planning and implementation, system integration, IT services, and training for IT operation.


This segment also provides applications for business intelligence, customer relationship management, enterprise resource planning, product lifecycle management, computer-aided design/computer-aided manufacturing, product data management, enterprise content management, document management systems, artificial intelligence.The IT E-Commerce segment provides hardware and software products, and peripherals and accessories that comprises approximately 40,000 products through an online shop and telesales.The company also provides data center, modern workplace, networking, IT security, consulting, professional, managed, training, financial, remarketing, and cloud services, as well as design, development, and implementation of software services.


It serves customers in the fields of industry, trade, finance, and the public sector.Bechtle AG was founded in 1983 and is headquartered in Neckarsulm, Germany.

Market Data

Last Price 31.82
Change Percentage 1.14%
Open 31.36
Previous Close 31.46
Market Cap ( Millions) 4009
Volume 201377
Year High 52.42
Year Low 28.74
M A 50 31.22
M A 200 37.97

Financial Ratios

FCF Yield 11.53%
Dividend Yield 2.20%
ROE 13.99%
Debt / Equity 0.00%
Net Debt / EBIDTA -104.05%
Price To Book 2.19
Price Earnings Ratio 16.02
Price To FCF 8.67
Price To sales 0.63
EV / EBITDA 6.97

News

Business Breakdown

Expected Mid-Term Growth

Segment nΒ°1 -> Information Technology System House & Managed Services

Expected Growth : 5 %

What the company do ?

Bechtle AG's IT System House & Managed Services provide comprehensive IT infrastructure solutions, offering customized hardware, software, and services for businesses, ensuring efficient and secure IT operations.

Why we expect these perspectives ?

Bechtle AG's Information Technology System House & Managed Services segment growth is driven by increasing demand for digital transformation, cloud adoption, and cybersecurity solutions. The company's strong partnerships with leading IT vendors, its comprehensive service portfolio, and strategic acquisitions also contribute to its growth. Additionally, the rising need for IT outsourcing and managed services among SMEs and large enterprises fuels the segment's expansion.

Segment nΒ°2 -> Information Technology E-commerce

Expected Growth : 7 %

What the company do ?

Bechtle AG's Information Technology E-commerce segment offers a wide range of IT products and services to business customers through its online platform.

Why we expect these perspectives ?

Bechtle AG's 7% growth in Information Technology E-commerce is driven by increasing demand for digital transformation, cloud computing, and cybersecurity solutions. Additionally, the company's strong e-commerce platform, strategic partnerships, and expanding product portfolio contribute to its growth. Furthermore, the rising need for remote work and online shopping during the pandemic has accelerated the adoption of e-commerce solutions, benefiting Bechtle AG's business.

Bechtle Ag Products

Product Range What is it ?
IT Infrastructure Bechtle AG provides a wide range of IT infrastructure solutions, including servers, storage systems, and network components from leading manufacturers.
Client Systems Bechtle AG offers a broad portfolio of client systems, including desktops, laptops, tablets, and smartphones from leading manufacturers.
Software Bechtle AG offers a wide range of software solutions, including operating systems, productivity software, and security software from leading manufacturers.
IT Services Bechtle AG offers a range of IT services, including consulting, implementation, and support services, to help customers optimize their IT infrastructure and operations.
Cloud Services Bechtle AG offers a range of cloud services, including infrastructure as a service (IaaS), platform as a service (PaaS), and software as a service (SaaS) solutions from leading cloud providers.
Cybersecurity Bechtle AG offers a range of cybersecurity solutions, including security consulting, penetration testing, and security software from leading manufacturers.

Bechtle AG's Porter Forces

Bechtle AG operates in the IT industry, where substitutes are available, but the company's strong brand reputation and customer loyalty mitigate the threat.

Bechtle AG's customers are largely businesses and governments, which have limited bargaining power due to the company's strong market position and customized solutions.

Bechtle AG relies on a diverse supplier base, which reduces the bargaining power of individual suppliers, but the company still faces some pressure from large suppliers.

The IT industry has high barriers to entry, including significant capital requirements and the need for specialized expertise, which limits the threat of new entrants.

The IT industry is highly competitive, with many established players, which leads to intense rivalry and pressure on prices and margins.

Capital Structure

Value
Debt Weight 25.54%
Debt Cost 3.95%
Equity Weight 74.46%
Equity Cost 8.36%
WACC 7.24%
Leverage 34.30%

Historical Valuation

Price/Earnings Ratio

Margin Valuation

Peers Valuation

Competitors

Company Rational
TIETO.HE TietoEVRY Oyj operates as a software and services company. It operates through six segments: Digital Consulting, Cloud & Infra, Industry Software, Financial Services Solutions, International Operations, and Product Development Services. …
REY.MI Reply S.p.A. provides consulting, system integration, application management, and business process outsourcing services in Italy and internationally. The company concepts, designs, develops, and implements solutions based on communication channels and …
SOP.PA Sopra Steria Group SA provides consulting, digital, and software development services in France and internationally. The company operates through five segments: France, United Kingdom, Other Europe, Sopra Banking Software, and …
SCT.L Softcat plc primarily acts as a value-added IT reseller and IT infrastructure solutions provider in the United Kingdom. The company advices, procures, designs, implements, and manages technology, such as software …
LAGR-B.ST Lagercrantz Group AB (publ) operates as a technology company in Sweden, Denmark, Norway, Finland, the United Kingdom, Germany, Poland, rest of Europe, and internationally. The company operates through five divisions: …

Peers Metrics

DCF BETA

Parameters

Short Term Growth
Short term Time
Long-Term Growth
WACC
Target Price
31.82$
Current Price
31.82$
Potential
-0.00%

Expected Cash-Flows

Scoring Insights

Peers Group Analysis

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