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German maker of fifth-wheel couplings, landing gear and trailer components for the commercial-vehicle industry worldwide.
German maker of fifth-wheel couplings, landing gear and trailer components for the commercial-vehicle industry worldwide.
Sells to truck and trailer makers when vehicles are built, and to fleets and dealers for replacement parts afterwards, so the aftermarket gives steadier income than the OEM line, which swings with trailer production. Couplings and landing gear are safety-critical, so parts are designed into a vehicle for years.
In one line: A German Dana/SAF-Holland peer for trailer components.
Moat: narrow (installed base, switching costs, brand). Global leader in fifth-wheel coupling systems with strong OEM ties, but cyclical trailer-build exposure.
Headquarters: Neu-Isenburg, Germany · Founded: 1952 · Employees: 6,670
Size JOST Werke (JST.DE) is a Germany Consumer Discretionary company (Auto Parts: OEM) with a market value of $1.11B, the 138th largest of 205 Germany companies the cockpit tracks. Shares closed at €60.40 on 6 Nov 2026.
Performance Over six months the shares gained 4.7%, against -13.5% for the median peer and +2.6% for the Germany market (cap-weighted) — 6th highest of 20 in its peer set.
Growth Revenue grew 31.5% over the last twelve months (peer median +7.4%); the operating margin is 6.9% (peer median 6.3%).
Valuation It trades at 10.8× forward earnings against a peer median of 13.2× (7th cheapest of 16).
Price implies For today's price to make sense, revenue must grow about 3% a year for seven years (Req g). Recent delivered growth is +14%, so the hurdle is -11 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 2.2 points above its cost of capital (7.5% WACC).
Next results Next results expected around 12 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | €1.63B | €1.53B | €1.07B | €1.25B | €1.26B |
| Revenue growth | — | +43% | -14% | -1% | — |
| Gross profit | €463M | €374M | €263M | €290M | €300M |
| EBITDA | €200M | €176M | €137M | €165M | €155M |
| Net income | -€2.43M | -€14.7M | €52.6M | €52.3M | €59.8M |
| Free cash flow | €78.3M | €109M | €120M | €112M | €29.5M |
| Capital expenditure | €45.0M | €43.2M | €33.3M | €30.8M | €32.3M |
| Total debt | €530M | €700M | €327M | €320M | €333M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| JOST Werke JST.DE | $1.11B | +5% | +32% | 7% | 10.8× | 3.0% |
| Saf-holland SFQ.DE | $1.11B | +9% | 0% | 8% | 13.2× | 0.9% |
| Dana DAN | $2.17B | -38% | -9% | 4% | 6.1× | 8.8% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | JST.DE | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +2.5% | -2.2% | 6th highest of 21 |
| 6-month return | +4.7% | -13.5% | 6th highest of 20 |
| Distance from 52-week high | -10.9% | -37.0% | 4th highest of 21 |
| Revenue growth (TTM) | +31.5% | +7.4% | 4th highest of 21 |
| Operating margin | 6.9% | 6.3% | 10th highest of 21 |
| Forward P/E | 10.8× | 13.2× | 7th cheapest of 16 |
| Growth the price implies (Req g, 7 yrs) | 3.0% | -0.8% | 6th most demanding of 15 |
| Growth delivered (Del g) | +14.1% | +10.6% | 3rd highest of 15 |
| Hurdle (Req g minus delivered) | -11.1 pp | -11.4 pp | 7th most demanding of 15 |
| ROIC minus cost of capital | +2.2 pp | +0.7 pp | 8th highest of 20 |
| EV / EBITDA | 6.8× | 5.9× | 4th most expensive of 10 |
| Net debt / EBITDA | 1.9× | 1.2× | 4th most indebted of 10 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| JOST Werke JST.DE | Germany | $1.11B | +5% | +32% | 7% | 10.8× | 3.0% | +14.1% |
| Saf-holland SFQ.DE | Germany | $1.11B | +9% | 0% | 8% | 13.2× | 0.9% | +12.6% |
| Fuxin Dare Automotive Parts 300473.SZ | China | $1.10B | +28% | +21% | 5% | 33.5× | 20.8% | +10.0% |
| Hl Mando 204320.KS | South Korea | $1.13B | -43% | +2% | 3% | 9.6× | -19.9% | +11.2% |
| Guangzhou Ruili Kormee Automotive Electronic 001285.SZ | China | $1.14B | -22% | +21% | 14% | 17.4× | n/a | n/a |
| ARB ARB.AX | Australia | $1.08B | +1% | -4% | 16% | 17.0× | 15.7% | +2.4% |
| Exedy 7278.T | Japan | $1.14B | -17% | 0% | 7% | 11.3× | -6.9% | +6.0% |
| Dauch DCH | United States | $1.07B | -32% | +41% | 3% | 5.5× | n/a | n/a |
| KYB 7242.T | Japan | $1.15B | +10% | +11% | 6% | 9.6× | -0.4% | +8.0% |
| Wuxi Zhenhua Auto Parts 605319.SS | China | $1.16B | -18% | +13% | 20% | 14.6× | -4.7% | +16.0% |
| Kuangda Technology 002516.SZ | China | $1.16B | -13% | +3% | 12% | n/a | 9.3% | +9.0% |
| Zotye Automobile 000980.SZ | China | $1.05B | -35% | -33% | -93% | n/a | 37.5% | -17.1% |
| Zhejiang Asia-Pacific Mechanical & Electronic 002284.SZ | China | $1.05B | -29% | +10% | 9% | 10.7× | -1.8% | +13.9% |
| Zhejiang EV-Tech 301607.SZ | China | $1.18B | -7% | +60% | 6% | 20.3× | 24.2% | +35.3% |
| Bohai Automotive Systems 600960.SS | China | $1.04B | -13% | -26% | -2% | 16.5× | n/a | n/a |
| Topre 5975.T | Japan | $1.04B | +32% | +5% | 8% | 7.6× | -1.2% | +12.0% |
| Zhejiang Wanliyang 002434.SZ | China | $1.19B | -13% | -30% | -10% | 15.5× | n/a | n/a |
| F.C.C.Co 7296.T | Japan | $1.20B | +20% | +10% | 8% | 9.0× | -7.1% | +12.3% |
| Sichuan Chengfei Integration Technology 002190.SZ | China | $1.20B | -24% | +9% | -1% | n/a | n/a | n/a |
| NASN Intelligent Tech (Zhejiang) 2261.HK | Hong Kong | $1.21B | n/a | +57% | -12% | n/a | n/a | n/a |
| HyUnion 002537.SZ | China | $1.01B | -21% | -6% | 4% | n/a | -1.7% | +1.7% |