The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Friday, August 14, 2026

Subject of the day

RAA.DE

Concerning the House

RATIONAL Aktiengesellschaft engages in the development, production, and sale of cooking systems for industrial kitchens in Germany, Austria, Switzerland, United States, Canada, Mexico, China, Japan, and South Korea. The company offers iCombi Pro; iCombi Classic; combi ovens; iVario Pro, a multi-functional cooking system; The iHexagon; and ConnectedCooking, a digital kitchen management solution. It also provides accessories, care products, service parts, and services. The company serves restaurants and hotels; catering, such as company canteens, hospitals, schools, universities, military facilities, prisons, and retirement homes; and quick service restaurants, caterers, supermarkets, bakeries, snack outlets, butchers' shops, service stations, and delivery services. It sells its products through independent distribution partners. The company was founded in 1973 and is headquartered in Landsberg am Lech, Germany.

Germany · www.rational-online.com

The Ledger
LineSep 2024Dec 2024Mar 2025Jun 2025
Revenue$294.24M$318.05M$295.29M$310.95M
Gross profit$173.67M$190.64M$174.71M$183.07M
Operating income$77.58M$97.04M$72.09M$81.30M
Net income$61.58M$71.84M$56.87M$63.38M
Diluted EPS5.425.005.57
Free cash flow$78.66M$66.88M-$878.00K$71.19M
CapEx-$5.15M-$9.53M-$2.59M-$6.53M
Quotation

$629.00

-17.00 (-2.6%)

52w hi$747.86
52w lo$588.50
Vol9.14K
As ofAug 13
The Verdict

Hold

Our score +0.17

Short-0.14
Medium+0.19
Long+0.75

computed 2026-08-13

By the Numbers

RATIONAL Aktiengesellschaft

Industrials · Specialty Industrial Machinery

Market cap$7.14B
Enterprise value$6.74B
Trailing P/E26.84x
Forward P/E24.39x
EV / EBITDA18.06x
P / S (ttm)5.51x
Profit margin20.5%
Return on equity32.2%
Revenue growth+4.2%
Earnings growth+15.3%
Debt / equity3.27
Risk Metrics
Beta vs SPX0.37
Corr SPX0.22
Annual vol27.5%
Annual ret-11.2%
Sharpe-0.40
Max DD-35.1%

Window: 504 trading days (489 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.53
Sector+0.07
Technical+0.00
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$628.00$638.00$628.009.14K
Aug 12$643.50$646.50$627.00$629.0022.95K
Aug 11$655.50$659.50$646.00$646.0010.27K
Aug 10$660.50$666.00$654.50$658.5012.19K
Aug 7$668.00$672.00$662.00$666.509.54K