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Added to YB: 2026-10-15

Pitch date: 2026-10-13

TKA.DE [neutral]

thyssenkrupp AG

-0.11%

current return

Author Info

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Company Info

thyssenkrupp AG, together with its subsidiaries, provides industrial and technology solutions and services in Germany and internationally.

Market Cap

EUR 8.6B

Pitch Price

EUR 13.95

Price Target

N/A

Dividend

1.08%

EV/EBITDA

11.21

P/E

30.09

EV/Sales

0.22

Sector

Metals and Mining

Category

special_situation

Show full summary:
thyssenkrupp (TKA Germany): tk accelis prepares for a standalone future

TKA.DE (update): Thyssenkrupp’s separation of tk accelis will create an independent materials distribution and processing group with ~€11bn of revenue and expected FY2025/26 EBITDA of ~€345m. Standalone capital allocation, potentially including ~€500m for M&A, could support North American expansion and higher-margin Solutions services; the case depends on improving European efficiency and mix amid weak German industry, subdued steel demand and import pressure.

Read full article (2 min)