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Ringmetall SE (HP3A) Fair Value & Analysis

Industrials · DE · Market cap €78.5M

RS Ringmetall SE HP3A · XETRA
Price€2.70
Fair Value€2.72
Upside+0.7%
Quality53/100
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Healthy Growth
Thin margins · 2.0% net margin
Low debt · generates free cash flow
3.73% dividend yield
Mixed vs. peers (8/14)
Narrow moat 32/100
Evidence: High Range €1.78 – €3.40 Share as image

Fair value as of: Jul 15, 2026

From 26 valuation models · updated 26 days ago

A solid business, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • A fairly wide model range (€1.78 to €3.40) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

€4.57 €2.25 Fair Value €2.72 Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 15, 2026.

How to read this chart

60‑month range €2.25 – €4.57 · fair‑value band €1.78 – €3.40 · the €2.70 price screens below the €2.72 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 15, 2026.

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Analysis

Ringmetall SE (HP3A) currently trades at €2.70, while our model-based Fair Value estimate is €2.72, implying the stock looks roughly 0.7% fairly valued today. The Quality Score stands at 53/100 (solid quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Ringmetall SE generated revenue of €188M at a net margin of 2.0%. Revenue grew 7.3% year over year. It earns a return on equity of 4.8%. Net debt stands at €61.9M. Fundamentals as of Jul 15, 2026

Our scenario range runs from €1.78 (bear case) to €3.40 (bull case); at €2.70, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 18% below its 52-week high and 4% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -26% fair-value upside, at 1%, HP3A screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF €1.35 €2.42 €3.77 80
Residual Income €2.03 €1.99 €1.66 76
Rev-Margin DCF €1.78 €3.67 €5.98 74
All 26 models by family
DCF Models
FCF DCF €1.37 €2.56 €4.16 38
Owner Earnings €2.20 €3.80 €5.94 31
5Y Revenue Exit €1.78 €3.70 €6.21 39
5Y EBITDA Exit €3.66 €7.38 €11.91 41
5Y P/E Exit €1.00 €2.16 €3.41 38
10Y Revenue Exit €1.48 €3.04 €5.26 36
10Y EBITDA Exit €2.61 €5.28 €9.14 37
10Y P/E Exit €1.13 €2.11 €3.35 35
Earnings-Based
Graham-Dodd €0.8800 €3.41 €4.62 54
Lynch FV €0.8300 €1.19 €1.55 50
PEG = 1.0 €0.8300 €1.19 €1.55 46
EPV €0.5500 €0.7500 €0.9100 59
Dividend Discount
Gordon GGM €0.7000 €1.17 €1.51 70
DDM Multi-Stage €0.7000 €1.11 €1.26 61
Multiples
P/E Multiple €2.04 €2.72 €3.40 63
P/S Multiple €1.65 €2.20 €2.75 58
P/B Multiple €1.65 €2.20 €2.75 55
EV/EBIT €3.56 €5.12 €6.67 53
EV/EBITDA €6.12 €8.52 €10.92 54
EV/Revenue €2.23 €3.66 €5.08 43
Asset-Based
NCAV (Graham) €1.48 €1.98 €2.96 50
Growth DCF
Growth DCF €1.35 €2.42 €3.77 80
Rev-Margin DCF €1.78 €3.67 €5.98 74
Economic Profit
Residual Income €2.03 €1.99 €1.66 76
ROIC Compounder €0.5500 €0.7500 €0.9100 72
Growth Earnings
Growth-Adj P/E €1.50 €2.15 €2.79 68

Widest divergence: DCF Models (€3.04) versus Economic Profit (€0.7500). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) €188M
Revenue growth (YoY) +7.3%
Net margin 2.0%
Return on equity 4.8%
Free cash flow €8.1M FY2025
P/E ratio 11.3
More key figures
Operating margin 4.8%
EPS (TTM) €0.2400
Dividend yield 3.7%
EPS growth (YoY) -78.6%
Net debt €61.9M FY2025

Figures from reported company fundamentals · as of Jul 15, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 53/100

Of which business quality 52 · Market factors (momentum, volatility) 49

Profitability 37
Margins and returns on capital today
Quality Growth 32
Are margins and returns improving?
Cashflow 55
Earnings quality: real cash, not paper profit
Fin. Strength 47
Balance sheet, leverage, solvency risk
Investment 75
Disciplined investing over empire-building
Low Volatility 82
Calm price path (market factor)
Momentum 40
Price trend over the last 3–12 months (market factor)
52W Momentum 26
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Ringmetall SE develops, produces, and markets packaging solutions for industrial drums in Germany and internationally. The company operates through Industrial Packaging and Industrial Handling segments. The Industrial Packaging segment develops, produces, and markets packaging solutions for the drum industry.

Full company description

Ringmetall SE develops, produces, and markets packaging solutions for industrial drums in Germany and internationally. The company operates through Industrial Packaging and Industrial Handling segments. The Industrial Packaging segment develops, produces, and markets packaging solutions for the drum industry. This segment also offers industrial drums, clamping rings, lids, seals, handles, closure units, and customised special components. The Industrial Handling segment produces and markets welded assemblies, trailer coupling systems, hydraulic components, lift mast parts, and clutch and brake pedals for tractors and trucks, as well as vehicle attachments and special vehicle components for freight and warehouse logistics. It also offers pipes and pipe connections; and inner liners, bag-in-box system, clamping rings, and lids. In addition, the company provides trailer couplings for tractors, agricultural machinery and truck, restraint systems for industrial truck. The company serves automotive, food and beverage, chemical, petrochemical, pharmaceutical, oil and gas, building and construction, agricultural, warehouse logistics, and other industries. Ringmetall SE was incorporated in 1997 and is based in Munich, Germany.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Ringmetall SE reported revenue of €188M in FY2025 versus €172M in FY2021, a compound +2.2%/yr. Reported net income was €3.8M in FY2025, compounding −29.1%/yr from FY2021.

Growth Quality 75/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
€188M
Latest YoY
+7.3%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−4.2%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+9.7%
Avg. growth/yr (19Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+8.2%
Revenue +2.2%/yr
FY21 €172M
FY22 €214M
FY23 €182M
FY24 €175M
FY25 €188M
Net income −29.1%/yr
FY21 €14.9M
FY22 €15.9M
FY23 €6.3M
FY24 €10.6M
FY25 €3.8M
Character of growth · EPS growth decomposed (2014-2025) +12.0 % p.a.
Revenue per share +6.4 pp

of which total revenue +9.5 pp · buybacks/dilution −3.1 pp

EBIT margin +3.8 pp
Tax rate +2.0 pp
Residual (interest, one-offs) −0.2 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

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Cite: Fair Value Calculator (2026). "Ringmetall SE Fair Value". https://www.fairvalue-calculator.com/stock/HP3A

Peer Group

Tools & Accessories · 119 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 53 · Below median
Fair Value upside +1% · Above median
Return on equity (TTM) 5% · Below median
Return on assets 4% · Above median
Net margin (TTM) 2% · Bottom 25%
Operating margin (TTM) 5% · Below median
Revenue growth 7% · Above median
Dividend yield (TTM) 3.7% · Top 25%
Debt / equity 0.43× · Higher than 75% of peers

Valuation Multiples vs Tools & Accessories median · lower = cheaper

P/E (TTM) 11.3× · Cheaper than 75% of peers
P/B 1.06× · Cheaper than median
P/S (TTM) 0.48× · Cheaper than 75% of peers
P/FCF 11.2× · Pricier than 75% of peers
EV/EBITDA 7.5× · Cheaper than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 34 · sector 3
FUTURE 37 · sector 14
PAST 19 · sector 28
HEALTH 79 · sector 96
DIVIDEND 75 · sector 36

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Tools & Accessories stocks, each showing price versus our Fair Value estimate (as of Jul 15, 2026).

Stock Price Fair Value vs Fair Value
Techtronic Industries Company 0669 HK$129.60 HK$81.05 -37%
Snap-on Incorporated SNA $410.99 $350.46 -15%
RBC Bearings Incorporated RBC $595.49 $184.29 -69%
Lincoln Electric Holdings LECO $252.58 $154.80 -39%
Stanley Black & Decker, Inc SWK $88.22 $54.24 -39%
AB SKF (publ) SKFB kr 258.90 kr 192.57 -26%
The Timken Company TKR $139.47 $66.33 -52%
The Toro Company TTC $94.42 $69.71 -26%
SFS Group SFSN CHF 140.00 CHF 118.30 -16%
Hangzhou Greatstar Industrial Co 002444 ¥29.33 ¥35.72 +22%

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Frequently asked questions

Is Ringmetall SE (HP3A) overvalued or undervalued?
As of Jul 15, 2026, our model estimates a fair value of €2.72 versus a price of €2.70, about +1% (fairly valued).
What is the fair value of HP3A?
Our model-based fair value for Ringmetall SE is €2.72 (as of Jul 15, 2026), built from audited fundamentals. The current price is €2.70.
What is the quality score of HP3A?
Ringmetall SE has a Quality Score of 53/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Ringmetall SE (HP3A)?
Ringmetall SE reported trailing-twelve-month revenue of about €188M (latest available figure, as of Jul 15, 2026).
What is the net profit margin of HP3A?
The net profit margin of Ringmetall SE is about 2.0%, meaning it keeps roughly 2.0% of revenue as net income. Based on the latest reported figures.
Does Ringmetall SE pay a dividend?
Ringmetall SE currently shows a dividend yield of about 3.65% relative to its recent price (as of Jul 15, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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