RAA.DE
RATIONAL Aktiengesellschaft
XETRAEUREQUITY
Industrials
DELAYED
Last price
627.00
▲ 5.50 (0.88%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
Lower pane
Tool
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
620.00
Prev close
621.50
Day high
630.00
Day low
618.00
Volume
6.49K
Market cap
$7.13B
P/E (TTM)
26.81
52W range
604.00 – 776.50
Day trading desk
Gap from prior close
-0.24%
Prior close 621.50
VWAP
626.63
+0.06% from price
Relative volume
0.65×
Normal
Session range
1.94%
618.00 – 630.00
Position in range
75%
Near session high
ATR (14D)
12.75
2.03% of price
Prior day high
624.50
PDH
Prior day low
617.00
PDL
Bid / ask spread
—
Quote not published
Session volume
6.76K
Avg 10.32K
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
+0.32%
+1.7%
1M
-1.42%
-5.1%
3M
-4.57%
-7.7%
6M
-14.11%
-25.2%
YTD
-5.22%
-17.5%
1Y
-3.61%
-23.6%
3Y
-9.85%
-84.0%
5Y
-33.21%
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on RAA.DE open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
6.28M
Total on file
Fundamentals
Market cap$7.13B
Enterprise value$6.72B
Revenue (TTM)$1.29B
Gross profit$769.13M
EBITDA$373.02M
Net income$265.92M
EPS (TTM)$23.39
Free cash flow$216.94M
Total cash$432.16M
Total debt$27.63M
Book value / share$74.38
Shares outstanding11.37M
Float6.01M
Short % of float—
Dividend yield2.55%
Beta (5Y)1.27
Valuation & profitability ratios
Trailing P/E26.81
Forward P/E24.35
PEG ratio2.97
Price / sales—
Price / book8.43
EV / revenue5.19
EV / EBITDA18.03
Gross margin59.40%
Operating margin29.02%
Profit margin20.54%
Return on equity32.17%
Return on assets20.64%
Debt / equity3.27
Current ratio3.92
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $1.26B | $1.19B | $1.13B | $1.02B | +5.5% |
| Operating revenue | $1.26B | $1.19B | $1.13B | $1.02B | +5.5% |
| Cost of revenue | $516.12M | $486.90M | $487.22M | $457.28M | +6.0% |
| Gross profit | $743.44M | $706.63M | $638.62M | $565.07M | +5.2% |
| Research & development | $75.77M | $65.96M | $52.59M | $44.75M | +14.9% |
| Selling, general & admin | $335.56M | $319.51M | $306.32M | $283.60M | +5.0% |
| Total operating expense | $409.26M | $383.01M | $357.14M | $327.00M | +6.9% |
| Operating income | $334.18M | $323.61M | $281.48M | $238.06M | +3.3% |
| Net interest income | $8.57M | $11.39M | $6.60M | -$174.00K | -24.8% |
| Pre-tax income | $341.08M | $325.92M | $284.04M | $237.74M | +4.7% |
| Tax provision | $87.24M | $75.39M | $70.07M | $52.02M | +15.7% |
| Net income | $253.85M | $250.53M | $213.97M | $185.72M | +1.3% |
| Net income to common | $253.85M | $250.53M | $213.97M | $185.72M | +1.3% |
| Basic EPS | 22.33 | 22.03 | 18.82 | 16.33 | +1.4% |
| Diluted EPS | 22.33 | 22.03 | 18.82 | 16.33 | +1.4% |
| EBIT | $343.00M | $327.59M | $285.34M | $238.26M | +4.7% |
| EBITDA | $380.01M | $364.99M | $317.96M | $269.18M | +4.1% |
| Basic shares | 11.37M | 11.37M | 11.37M | 11.37M | 0.0% |
| Diluted shares | 11.37M | 11.37M | 11.37M | 11.37M | 0.0% |
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $172.83M | $144.16M | $125.60M | $207.90M | — | +19.9% |
| Cash & short-term investments | $531.54M | $493.62M | $391.28M | $341.66M | — | +7.7% |
| Accounts receivable | $199.86M | $181.10M | $171.66M | $174.66M | — | +10.4% |
| Inventory | $124.32M | $107.59M | $107.11M | $116.30M | — | +15.5% |
| Total current assets | $893.90M | $814.07M | $702.00M | $661.93M | — | +9.8% |
| Property, plant & equipment | $234.62M | $227.84M | $219.31M | $203.92M | — | +3.0% |
| Goodwill & intangibles | $15.97M | $19.02M | $21.23M | $15.98M | — | -16.1% |
| Total assets | $1.18B | $1.11B | $989.03M | $923.20M | — | +7.0% |
| Total current liabilities | $199.52M | $204.14M | $185.94M | $191.55M | — | -2.3% |
| Current debt | — | $0 | $0 | $944.00K | $1.18M | — |
| Long-term debt | — | — | — | $0 | $944.00K | — |
| Total debt | $27.14M | $29.80M | $28.08M | $944.00K | — | -8.9% |
| Total liabilities | $242.29M | $249.26M | $228.24M | $222.98M | — | -2.8% |
| Retained earnings | $906.18M | $822.88M | $725.85M | $665.38M | — | +10.1% |
| Shareholder equity | $940.79M | $856.90M | $760.79M | $700.22M | — | +9.8% |
| Working capital | $694.38M | $609.93M | $516.06M | $470.38M | — | +13.8% |
| Net tangible assets | $924.83M | $837.88M | $739.56M | $684.24M | — | +10.4% |
| Shares issued | 11.37M | 11.37M | 11.37M | 11.37M | — | 0.0% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $341.08M | $325.92M | $284.04M | $237.74M | +4.7% |
| Depreciation & amortisation | $37.01M | $37.39M | $32.62M | $30.92M | -1.0% |
| Change in working capital | -$31.46M | $591.00K | $16.86M | -$69.50M | -5,424.0% |
| Operating cash flow | $253.08M | $283.06M | $258.35M | $160.62M | -10.6% |
| Capital expenditure | -$33.70M | -$31.62M | -$34.63M | -$37.18M | -6.6% |
| Investing cash flow | -$32.28M | -$102.69M | -$161.71M | -$81.86M | +68.6% |
| Dividends paid | -$170.55M | -$153.50M | -$153.50M | -$113.70M | -11.1% |
| Financing cash flow | -$183.75M | -$166.16M | -$165.56M | -$124.61M | -10.6% |
| Free cash flow | $219.38M | $251.45M | $223.71M | $123.43M | -12.8% |
| End cash position | $186.32M | $152.53M | $137.96M | $207.90M | +22.2% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $323.90M | $317.63M | $341.33M | $310.95M | $295.29M | +2.0% |
| Operating revenue | $323.90M | $317.63M | $341.33M | $310.95M | $295.29M | +2.0% |
| Cost of revenue | $123.52M | $134.55M | $137.00M | $127.88M | $120.58M | -8.2% |
| Gross profit | $200.38M | $183.08M | $204.33M | $183.07M | $174.71M | +9.5% |
| Research & development | $19.92M | $20.37M | $19.68M | $18.77M | $18.81M | -2.2% |
| Selling, general & admin | $86.62M | $88.34M | $85.57M | $82.91M | $85.12M | -2.0% |
| Total operating expense | $106.39M | $107.14M | $104.41M | $101.77M | $102.62M | -0.7% |
| Operating income | $93.99M | $75.94M | $99.92M | $81.30M | $72.09M | +23.8% |
| Net interest income | $2.11M | $2.02M | $1.87M | $2.11M | $2.77M | +4.5% |
| Pre-tax income | $96.15M | $77.96M | $100.18M | $83.40M | $74.83M | +23.3% |
| Tax provision | $23.08M | $18.71M | $29.42M | $20.02M | $17.96M | +23.3% |
| Net income | $73.07M | $59.25M | $70.76M | $63.38M | $56.87M | +23.3% |
| Net income to common | $73.07M | $59.25M | $70.76M | $63.38M | $56.87M | +23.3% |
| Basic EPS | 6.43 | 5.21 | — | 5.57 | 5.00 | +23.4% |
| Diluted EPS | 6.43 | 5.21 | — | 5.57 | 5.00 | +23.4% |
| EBIT | $96.50M | $78.30M | $101.06M | $83.74M | $75.19M | +23.3% |
| EBITDA | $105.84M | $87.67M | $109.41M | $93.21M | $84.80M | +20.7% |
| Basic shares | 11.37M | 11.37M | — | 11.37M | 11.37M | 0.0% |
| Diluted shares | 11.37M | 11.37M | — | 11.37M | 11.37M | 0.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-06-30 | 2025-03-31 | 2024-12-31 | YoY |
|---|---|---|---|---|---|---|---|
| Cash & equivalents | $205.98M | $210.35M | $172.83M | $128.73M | $148.69M | — | -2.1% |
| Cash & short-term investments | $432.16M | $567.02M | $531.54M | $402.54M | $501.64M | — | -23.8% |
| Accounts receivable | $200.25M | $209.44M | $199.86M | $190.87M | $186.13M | — | -4.4% |
| Inventory | $136.45M | $134.05M | $124.32M | $115.70M | $113.80M | — | +1.8% |
| Total current assets | $798.47M | $942.03M | $893.90M | $744.06M | $832.49M | — | -15.2% |
| Property, plant & equipment | $240.13M | $235.43M | $234.62M | $221.81M | $222.81M | — | +2.0% |
| Goodwill & intangibles | $14.49M | $15.20M | $15.97M | $16.72M | $17.68M | — | -4.6% |
| Total assets | $1.09B | $1.23B | $1.18B | $1.03B | $1.12B | — | -11.3% |
| Total current liabilities | $203.56M | $189.73M | $199.52M | $174.61M | $160.51M | — | +7.3% |
| Current debt | — | — | — | — | — | $0 | — |
| Total debt | — | — | $27.14M | $26.85M | — | $29.80M | — |
| Total liabilities | $247.19M | $232.78M | $242.29M | $217.93M | $204.86M | — | +6.2% |
| Retained earnings | $811.10M | — | — | — | — | — | — |
| Shareholder equity | $845.71M | $999.79M | $940.79M | $807.70M | $914.14M | — | -15.4% |
| Working capital | $594.92M | $752.31M | $694.38M | $569.45M | $671.98M | — | -20.9% |
| Net tangible assets | $831.22M | $984.59M | $924.83M | $790.98M | $896.46M | — | -15.6% |
| Shares issued | 11.37M | 11.37M | 11.37M | 11.37M | 11.37M | — | 0.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-06-30 | 2025-03-31 | 2024-12-31 | YoY |
|---|---|---|---|---|---|---|---|
| Net income | $96.15M | $77.96M | $100.18M | $83.40M | $74.83M | — | +23.3% |
| Depreciation & amortisation | $9.34M | $9.37M | $8.35M | $9.47M | $9.61M | — | -0.3% |
| Change in working capital | $22.65M | -$36.04M | -$26.70M | $6.61M | -$47.50M | — | +162.9% |
| Operating cash flow | $103.11M | $27.86M | $66.46M | $77.72M | $1.72M | — | +270.1% |
| Capital expenditure | -$9.69M | -$6.81M | -$16.64M | -$6.53M | -$2.59M | — | -42.4% |
| Investing cash flow | $122.86M | -$1.43M | -$44.51M | $77.87M | -$1.35M | — | +8,721.4% |
| Dividends paid | -$227.40M | — | $0 | -$170.55M | — | $0 | — |
| Financing cash flow | -$230.86M | -$3.32M | -$3.36M | -$173.85M | -$3.29M | — | -6,855.6% |
| Free cash flow | $93.42M | $21.05M | $49.82M | $71.19M | -$878.00K | — | +343.8% |
| End cash position | $205.98M | $210.35M | $186.32M | $128.73M | $148.69M | — | -2.1% |
Options analytics
Put / call volume
—
—
Put / call open interest
—
Positioning, not flow
Max pain
—
—
ATM implied vol
—
Nearest strike to spot
Skew (10% OTM)
—
—
Call volume
0
Contracts, this expiry
Put volume
0
Contracts, this expiry
Heaviest call OI
—
—
Heaviest put OI
—
—
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 6.18 | 6.42 | +3.9% |
| Mar 2026 | 5.18 | 5.21 | +0.5% |
| Dec 2025 | 6.08 | 6.23 | +2.4% |
| Sep 2025 | 5.31 | 5.53 | +4.1% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 5.60 | 2 | $334.30M | +7.1% |
| Next quarter | 6.63 | 2 | $368.21M | +7.9% |
| Current year | 24.00 | 10 | $1.35B | +7.2% |
| Next year | 25.75 | 10 | $1.45B | +7.7% |
Analyst targets & ownership
Mean target$796.00
High target$1,070.00
Low target$585.00
Implied upside26.95%
Analyst count14
ConsensusBUY
Strong buy / Buy3 / 7
Hold3
Sell / Strong sell0 / 1
Held by insiders55.20%
Held by institutions29.94%
Institutions holding337
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
629.05
-0.33% from price
SMA 20
650.78
-3.65% from price
SMA 50
649.58
-3.48% from price
SMA 100
653.00
-3.98% from price
SMA 200
660.10
-5.01% from price
EMA 12
633.18
-0.98% from price
EMA 26
642.14
-2.36% from price
EMA 50
647.26
-3.13% from price
RSI (14)
40.5
Neutral
MACD (12,26,9)
-8.96
Hist -3.99
ATR (14)
12.75
2.03% of price
Realised vol 30D
19.3%
Annualised
Bollinger upper
698.95
20, 2σ
Bollinger lower
602.60
20, 2σ
50 / 200 cross
Death
649.58 vs 660.10
Trend bias
Below 200
-5.01%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
0.18
Less volatile than market
Correlation to SPY
0.08
Largely independent
Realised vol 30D
19.3%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-20.5%
Peak to trough
Max drawdown 5Y
-57.4%
Peak to trough
ATR 14
12.75
2.03% of price
Beta (reported)
1.27
5Y monthly, from filing
Dividends & splits
Forward rate$16.00 / yr
Forward yield2.55%
5-year avg yield1.52%
Payout ratio68.41%
Ex-dividend dateApr 30, 2026
Next pay date—
Last split—
Split date—
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PRIVATE STRATEGY · BY QUALIFICATION
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