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 2022
Sales revenue |
Adj. EBIT € 124m |
Adj. EBIT margin 9.8 % |
Employees 3,602 |
Leverage 1.28x |
Adj. EPS € 5.41 |
| Previous Close | 45.45 EUR |
| Change (%) | -5.51 |
| Market Cap (EUR) | 0.68 bn |
| Market | XETRA |
| Number of shares | 14,900,000 |
| List | Prime Standard |
| Key figures (in € thousands) | 2020 | 2021 | 2022 |
|---|---|---|---|
| Income Statement | |||
| Sales revenues | 794,410 | 1,048,605 | 1,264,606 |
| Adjusted EBITDA | 102,675 | 133,390 | 154,492 |
| Adjusted EBITDA-margin (%) | 12.9 | 12.7 | 12.2 |
| Adjusted EBIT | 73,226 | 104,835 | 123,841 |
| Adjusted EBIT-margin (%) | 9.2 | 10.0 | 9.8 |
| Profit after taxes | 19,290 |
43,864 | 59,846 |
| Adjusted profit after taxes | 47,331 | 69,061 | 80,639 |
| Balance Sheet | |||
| Equity | 265,235 | 307,152 | 360,209 |
| Equity ratio (%) | 28.3 | 31.2 | 35.9 |
| Net debt | 207,560 | 193,607 | 196,885 |
| Leverage (x) | 1.99 | 1.45 | 1.28 |
| Gearing (%) | 78.3 | 63.0 | 54.7 |
| Total assets | 938,565 | 984,854 | 1,004,580 |
| Cash Flow Statement | |||
| Capex | 20,864 | 20,143 | 32,324 |
| Capex ratio (%) | 2.6 | 1.9 | 2.6 |
| Free cash flow | 98,092 | 33,258 | 23,693 |
| Cash conversion rate | 2.07 | 0.48 | 0.29 |
| ROCE (%) | 12.2 | 16.6 | 18.3 |
| Cash and cash equivalents | 108,315 | 87,482 | 80,681 |
| Share | |||
| Number of shares | 14,900,000 | 14,900,000 | 14,900,000 |
| Adjusted EPS (in €) | 3.18 | 4.63 | 5.41 |
| Dividend per share (in €) | 1.00 | 1.05 | 1.40 |
| Dividend yield (%) | 2.3 | 2.1 | 2.7 |
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.
