Zurück zu den Rankings

Dometic Group AB (publ) (DTCGF)

NEUTRAL
Consumer CyclicalLeisureSweden

Fundamental

64

Kurs

$22.80

Marktkapitalisierung

$7.39B

Teil 1 · Was das Unternehmen wert ist

Übersicht

Dometic makes the equipment that lets people cook, cool, power and stay comfortable away from a fixed home: refrigerators, air conditioners, awnings and power systems for recreational vehicles, plus similar climate and power equipment for boats under its Marine brands. It sells both to vehicle and boat manufacturers who fit the equipment during production, and through dealers to owners upgrading or replacing gear after purchase.

Wie das Geld verdient wird

Revenue comes from selling hardware either to original equipment manufacturers, who install it before a vehicle or boat is sold, or through the aftermarket, where dealers and owners buy replacement or upgrade parts. Demand for both channels tracks how many new RVs, caravans and boats are being built and how much people are spending on outdoor recreation, which makes the business sensitive to consumer discretionary spending and to interest rates that affect big-ticket purchases.

Wettbewerbsvorteil

Marke · Schmal

Dometic's names are well established with RV and marine manufacturers who specify its equipment as original fittings, which gives it a durable relationship advantage in a niche market. The advantage is narrow because the underlying products — refrigerators, air conditioners, awnings — are not difficult for competitors to replicate, and OEM customers can and do switch suppliers when price or quality shifts.

Was die Nachfrage antreibt

Zyklisch

RVs, caravans and boats are large discretionary purchases that buyers postpone when consumer confidence weakens or credit gets more expensive, which flows directly through to Dometic's OEM orders. The company itself described 2025 as a year of tough market conditions and declining demand in the outdoor recreation industry, with only tentative signs of stabilisation by year-end.

Die Argumente dafür

Buyers argue that the 2025 sales decline eased through the year, order intake improved and channel inventories began normalising, suggesting the worst of the outdoor-recreation downturn is behind the company as tariff-related cost headwinds also fade.

Die Argumente dagegen

Sellers fear that a business this tied to discretionary RV and marine purchases remains exposed to consumer confidence and to whatever tariff or trade policy comes next, and that a genuine recovery in OEM demand may take longer than early signs of stabilisation suggest.

Written by the editors, published on 18. August 2026

Direct competitors

Who this company fights with for the same customers

No editorial profile for this company yet

No competitor list for this company yet.

Bilanz & Liquidität

Umsatz

$20.15B

Letzte 12 Monate bis zum zuletzt gemeldeten Quartal — Schätzung aus Kennzahlen je Aktie

Nettogewinn

$310M

Letzte 12 Monate bis zum zuletzt gemeldeten Quartal — Schätzung aus Kennzahlen je Aktie

Freier Cashflow

$1.66B

Gesamtes Eigenkapital

$22.96B

Gesamtverbindlichkeiten

$14.62B

Current Ratio

1.65

Zinsdeckungsgrad

-

Schulden/EBITDA

5.91

Gewinn je Aktie

Umsatz & Nettogewinn

Freier Cashflow

Ertragsaufschlüsselung

Historische Aufstellung

Margen im Zeitverlauf

Verschuldung im Zeitverlauf

Wie schwer die Schulden wiegen

Wachstumsraster

Wachstum — Umsatz

Innerer-Wert-Schätzung

Fair bewertet

Innerer Wert

$30.25

Aktueller Kurs

$22.80

Sicherheitsmarge

+24.6%

Innerer-Wert-Spanne

$19.67 - $40.84

Bewertungsmethoden

Analyst Target:$40.00
DCF:$50.16
PE-based:$5.91
Graham Growth:$7.18
EPV:$27.65
Analystenkonsens:Starker Kauf (9B / 2H / 0S)
Letzte Gewinnüberraschung:-4.01%

Bewertungskennzahlen

P/E-Verhältnis

23.60

ROE

1.4%

P/B-Verhältnis

0.32

P/FCF

4.45

Bruttomarge

29.5%

ROIC

4.3%

Rentabilitäts-Radar

Value Creation (Economic Moat)

ROIC

4.3%

WACC

4.4%

ROIC − WACC

-0.1 pp

ROIC is roughly in line with the cost of capital — the company is barely covering its capital cost.

Fundamentalanalyse-Kriterien

Bestanden (13)

  • P/FCF 4.45
  • P/B Ratio 0.32
  • Debt/Equity ratio
  • Operating Margin 7.1%
  • Positive Free Cash Flow
  • Current Ratio
  • Debt/EBITDA
  • Price below Graham Number
  • DCF valuation (Undervalued)
  • Revenue Growth 5Y 5.4%
  • Analyst Consensus 82% Buy
  • Earnings Quality (OCF/NI) 5.59
  • Net Margin Trend 2.0% vs -9.4%

Nicht bestanden (7)

  • Price CAGR -10.05%
  • ROIC 4.3%
  • Gross Margin 29.5%
  • CapEx intensity
  • ROE 1.4%
  • Earnings Surprise avg -64.2%
  • Piotroski F-Score 2/9

Nicht verfügbar (7)

  • EPS data insufficient
  • Dividend Payout NaN%
  • Interest Coverage
  • Return on Tangible Assets
  • Low reliance on intangibles
  • PEG Ratio (need PE > 0 and growth > 0)
  • Share Dilution (missing shares data)

Piotroski F-Score

2/9

Ernsthafte finanzielle Bedenken

score
criteria

Gewinnqualität

5.59

Hohe Qualität: Gewinne durch Cashflow gedeckt

Aktienverwässerung

-

Aktienrückkäufe. Aktionärsfreundlich

Unternehmensführung

Führungsteam

NamePositionAlter
Mr. Juan VarguesPresident & CEO66
Mr. Per CarlssonActing Chief Financial Officer61
Mr. Anton LundqvistChief Technology Officer55
Mr. Tobias NorrbyHead of Investor Relations-
Ms. Anna Smieszek Ph.D.Executive VP & Group General Counsel61
Mr. Peter JanneroChief Marketing Officer56
Ms. Jenny EveliusExecutive VP & Head of Group HR56
Ms. Chialing HsuehPresident of Global Ventures62
Mr. Eric B. FetchkoPresident of Segment Marine63

Prüfungsrisiko

8

Vorstandsrisiko

5

Vergütungsrisiko

9

Aktionärsrechterisiko

1

Teil 2 · Der Preis und der Einstiegszeitpunkt

Dieser Teil sagt nicht, ob das Unternehmen etwas taugt: Er hilft bei der Wahl des Kaufzeitpunkts, nachdem die Fundamentaldaten überzeugt haben. Enthalten: technische Analyse, Potenzial, historische Drawdowns, Gamma-Exposure.

Latest News

Recent headlines for DTCGF, sourced from Markets Gazette.

No recent news for DTCGF.