BN · rank #7 · 2026-09-10

R3NK

XETRA · EUR · $4.98B (USD)

SignalStrong Buy2.8strength 2.8 / 10

verdict · PROCEED

The exact numbers the algorithm saw.

Bottleneck themes

The structural shortage this name supplies into.

European defense ammunition bottleneck

Factor scores and the inputs behind this pick.
Composite score Z-score blend of the factors below; drives the rank.	-0.14
Forward revenue growth Consensus forward revenue growth.	+18.2%
Forward net margin Consensus forward net margin.	+7.7%
Net margin TTM Trailing twelve month net margin.	+7.2%
Margin expansion Forward minus trailing net margin (percentage points).	+0.5%
Forward PEG Forward P/E to growth. Below 1 is cheap for the growth.	—
Debt / FCF Net debt relative to free cash flow. Lower is safer.	4.57×
Analyst upside Spread between the consensus 12m target and the current price.	+50.6%
Last EPS surprise Most recent reported EPS versus consensus.	-38%
Market cap (USD)	$4.98B

The AI research card

Independent qualitative review of each pick before the order is placed. On the rare day the research service is unavailable, the paper book trades on the quant ranking alone and no card appears here.

Summary

Renk Group AG is a German supplier of propulsion and drive solutions, specializing in transmissions and gearboxes for military tracked land vehicles and naval vessels.

Rationale

A record €7–7.4 billion order backlog representing five times trailing revenue reinforces its position as a critical bottleneck solver in European heavy armored and naval drivetrain capacity.

Material risks

1Major defense OEMs or ministries developing in-house transmission and propulsion capabilities to reduce or eliminate RENK's role on future platforms.
2Technological transitions toward unmanned systems or alternative propulsion that structurally erode demand for traditional crewed heavy drivetrains.

AI verdict council

Each pick is reviewed independently by 3 models before any order. 2 of 3 voted to proceed.

OpenAI

Proceed

Claude

Caution

Gemini

Proceed