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A Piece Of The Puzzle Missing From Brockhaus Technologies AG's (ETR:BKHT) 34% Share Price Climb

Simply Wall St · 2d ago

Despite an already strong run, Brockhaus Technologies AG (ETR:BKHT) shares have been powering on, with a gain of 34% in the last thirty days. Unfortunately, the gains of the last month did little to right the losses of the last year with the stock still down 35% over that time.

Although its price has surged higher, it's still not a stretch to say that Brockhaus Technologies' price-to-sales (or "P/S") ratio of 0.8x right now seems quite "middle-of-the-road" compared to the Electronic industry in Germany, where the median P/S ratio is around 0.7x. While this might not raise any eyebrows, if the P/S ratio is not justified investors could be missing out on a potential opportunity or ignoring looming disappointment.

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Check out our latest analysis for Brockhaus Technologies

ps-multiple-vs-industry
XTRA:BKHT Price to Sales Ratio vs Industry December 24th 2025

How Brockhaus Technologies Has Been Performing

Brockhaus Technologies hasn't been tracking well recently as its declining revenue compares poorly to other companies, which have seen some growth in their revenues on average. It might be that many expect the dour revenue performance to strengthen positively, which has kept the P/S from falling. If not, then existing shareholders may be a little nervous about the viability of the share price.

Keen to find out how analysts think Brockhaus Technologies' future stacks up against the industry? In that case, our free report is a great place to start.

Is There Some Revenue Growth Forecasted For Brockhaus Technologies?

The only time you'd be comfortable seeing a P/S like Brockhaus Technologies' is when the company's growth is tracking the industry closely.

Retrospectively, the last year delivered a frustrating 3.3% decrease to the company's top line. However, a few very strong years before that means that it was still able to grow revenue by an impressive 89% in total over the last three years. Although it's been a bumpy ride, it's still fair to say the revenue growth recently has been more than adequate for the company.

Looking ahead now, revenue is anticipated to climb by 12% per year during the coming three years according to the three analysts following the company. Meanwhile, the rest of the industry is forecast to only expand by 7.2% per annum, which is noticeably less attractive.

With this information, we find it interesting that Brockhaus Technologies is trading at a fairly similar P/S compared to the industry. It may be that most investors aren't convinced the company can achieve future growth expectations.

The Key Takeaway

Brockhaus Technologies appears to be back in favour with a solid price jump bringing its P/S back in line with other companies in the industry It's argued the price-to-sales ratio is an inferior measure of value within certain industries, but it can be a powerful business sentiment indicator.

Looking at Brockhaus Technologies' analyst forecasts revealed that its superior revenue outlook isn't giving the boost to its P/S that we would've expected. When we see a strong revenue outlook, with growth outpacing the industry, we can only assume potential uncertainty around these figures are what might be placing slight pressure on the P/S ratio. This uncertainty seems to be reflected in the share price which, while stable, could be higher given the revenue forecasts.

Don't forget that there may be other risks. For instance, we've identified 1 warning sign for Brockhaus Technologies that you should be aware of.

If you're unsure about the strength of Brockhaus Technologies' business, why not explore our interactive list of stocks with solid business fundamentals for some other companies you may have missed.