JOST is a leading global producer and supplier of safety-critical systems for the commercial vehicle industry. The group comprises 42 companies in 25 countries and has 21 production sites worldwide. The company is headquartered in Neu-Isenburg, Germany.
Under its four brands JOST, ROCKINGER, TRIDEC and Quicke, JOST offers a broad range of products for transport and agriculture. Long-standing customer relationships and a capital-efficient business model strengthen JOST's global leading position as a supplier of fifth wheels, landing gears and agricultural front loaders. JOST's strategy is geared towards sustainable, profitable growth.
JOST in fiscal year 2021
Sales revenue |
Adj. EBIT € 105m |
Adj. EBIT margin 10.0 % |
Employees 3,324 |
Leverage 1.45x |
Adj. EPS € 4.63 |
| Previous Close | 50.90 EUR |
| Change (%) | 0.59 |
| Market Cap (EUR) | 0.76 bn |
| Market | XETRA |
| Number of shares | 14,900,000 |
| List | Prime Standard |
| Key figures (in € thousands) | 2019 | 2020 | 2021 |
|---|---|---|---|
| Income Statement | |||
| Sales revenues | 736,347 | 794,410 | 1,048,605 |
| Adjusted EBITDA | 100,792 | 102,675 | 133,390 |
| Adjusted EBITDA-margin (%) | 13.7 | 12.9 | 12.7 |
| Adjusted EBIT | 76,835 | 73,226 | 104,835 |
| Adjusted EBIT-margin (%) | 10.4 | 9.2 | 10.0 |
| Profit after taxes | 33,524 | 19,290 |
43,864 |
| Adjusted profit after taxes | 50,845 | 47,331 | 69,061 |
| Balance Sheet | |||
| Equity | 263,130 | 265,235 | 307,152 |
| Equity ratio (%) | 41.2 | 28.3 | 31.2 |
| Net debt | 46,264 | 207,560 | 193,918 |
| Leverage (x) | 0.46 | 1.99 | 1.45 |
| Gearing (%) | 17.6 | 78.3 | 63.1 |
| Total assets | 638,552 | 938,565 | 984,854 |
| Cash Flow Statement | |||
| Capex | 17,623 | 20,864 | 20,143 |
| Capex ratio (%) | 2.4 | 2.6 | 1.9 |
| Free cash flow | 59,940 | 98,092 | 33,258 |
| Cash conversion rate | 1.18 | 2.07 | 0.48 |
| ROCE (%) | 18.4 | 12.2 | 16.6 |
| Cash and cash equivalents | 104,812 | 108,315 | 87,482 |
| Share | |||
| Number of shares | 14,900,000 | 14,900,000 | 14,900,000 |
| Adjusted EPS (in €) | 3.41 | 3.18 | 4.63 |
| Dividend per share (in €) | - | 1.00 | 1.05 |
| Dividend yield (%) | 0.0 | 2.3 | 2.1 |
Dividend policy
- The planned dividend payout ratio is 30% to 50% of consolidated net income after taxes.
- JOST pursues a consistent dividend distribution policy, taking into account the company's performance and capital requirements.
