TKMS Looks Poised for Growth -- Market Talk

Dow Jones

Oct 20, 2025

1157 GMT - TKMS's midterm growth target looks conservative, MWB Research analysts write. Thyssenkrupp's naval division spinoff expects 10% growth in the midterm, but NATO and EU procurement budgets are expected to grow more than 170% by 2030, they note. The company currently trades at a discount to Rheinmetall, but the analysts say this is excessive given the company's structural turnaround and lesser earnings volatility. "We expect a progressive re-rating toward peer multiples, supported by a uniquely resilient and state-backed order base," the analysts say. TKMS shares, which started trading on the Frankfurt Stock Exchange Monday, are up 62% at 97.36 euros a share. (aimee.look@wsj.com)

(END) Dow Jones Newswires

October 20, 2025 07:59 ET (11:59 GMT)

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Thyssenkrupp's naval division spinoff expects 10% growth in the midterm, but NATO and EU procurement budgets are expected to grow more than 170% by 2030, they note. The company currently trades at a discount to Rheinmetall, but the analysts say this is excessive given the company's structural turnaround and lesser earnings volatility. \"We expect a progressive re-rating toward peer multiples, supported by a uniquely resilient and state-backed order base,\" the analysts say. TKMS shares, which started trading on the Frankfurt Stock Exchange Monday, are up 62% at 97.36 euros a share. 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Thyssenkrupp's naval division spinoff expects 10% growth in the midterm, but NATO and EU procurement budgets are expected to grow more than 170% by 2030, they note. The company currently trades at a discount to Rheinmetall, but the analysts say this is excessive given the company's structural turnaround and lesser earnings volatility. \"We expect a progressive re-rating toward peer multiples, supported by a uniquely resilient and state-backed order base,\" the analysts say. TKMS shares, which started trading on the Frankfurt Stock Exchange Monday, are up 62% at 97.36 euros a share. (aimee.look@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 20, 2025 07:59 ET (11:59 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4006","symbol_name":"钢铁","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2576321859","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2576321859","pubTimestamp":1760961540,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1157 GMT - TKMS's midterm growth target looks conservative, MWB Research analysts write. 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Thyssenkrupp's naval division spinoff expects 10% growth in the midterm, but NATO and EU procurement budgets are expected to grow more than 170% by 2030, they note. The company currently trades at a discount to Rheinmetall, but the analysts say this is excessive given the company's structural turnaround and lesser earnings volatility. \"We expect a progressive re-rating toward peer multiples, supported by a uniquely resilient and state-backed order base,\" the analysts say. TKMS shares, which started trading on the Frankfurt Stock Exchange Monday, are up 62% at 97.36 euros a share. (aimee.look@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  October 20, 2025 07:59 ET (11:59 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}