JOST is a leading global producer and supplier of safety-critical systems for the commercial vehicle industry. The group comprises 46 companies in 27 countries and has 24 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 2023
Sales revenue |
Adj. EBIT € 141m |
Adj. EBIT margin 11.3 % |
Employees 3,992 |
Leverage 0.998x |
Adj. EPS € 6.24 |
| Previous Close | 38.00 EUR |
| Change (%) | -0.65 |
| Market Cap (EUR) | 0.57 bn |
| Market | XETRA |
| Number of shares | 14,900,000 |
| List | Prime Standard |
| Key figures (in € thousands) | 2021 | 2022 | 2023 |
|---|---|---|---|
| Income Statement | |||
| Sales revenues | 1,048,605 | 1,264,606 | 1,249,704 |
| Adjusted EBITDA | 133,390 | 154,492 | 173,094 |
| Adjusted EBITDA-margin (%) | 12.7 | 12.2 | 13.9 |
| Adjusted EBIT | 104,835 | 123,841 | 140,758 |
| Adjusted EBIT-margin (%) | 10.0 | 9.8 | 11.3 |
| Profit after taxes | 43,864 | 59,846 | 52,291 |
| Adjusted profit after taxes | 69,061 | 85,858 | 92,990 |
| Balance Sheet | |||
| Equity | 307,152 | 360,209 | 382,239 |
| Equity ratio (%) | 31.2 | 35.9 | 38.0 |
| Net debt | 193,607 | 196,885 | 180,336 |
| Leverage (x) | 1.45 | 1.28 | 1.00 |
| Gearing (%) | 63.0 | 54.7 | 47.2 |
| Total assets | 984,854 | 1,004,580 | 1,005,165 |
| Cash Flow Statement | |||
| Capex | 20,143 | 32,324 |
30,835 |
| Capex ratio (%) | 1.9 | 2.6 | 2.5 |
| Free cash flow | 33,258 | 23,693 | 112,266 |
| Cash conversion rate | 0.48 | 0.28 | 1.21 |
| ROCE (%) | 16.6 | 18.2 | 21.0 |
| Cash and cash equivalents | 87,482 | 80,681 | 87,727 |
| Share | |||
| Number of shares | 14,900,000 | 14,900,000 | 14,900,000 |
| Adjusted EPS (in €) | 4.63 | 5.76 | 6.24 |
| Dividend per share (in €) | 1.05 | 1.40 | 1.50 |
| Dividend yield (%) | 2.1 | 2.7 | 3.4 |
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.
