Market: XETRA
Symbol: JST
ISIN: DE000JST4000
Industry: Automotive, commercial vehicle supplier

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.

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JOST in fiscal year 2021

Sales revenue
€ 1,049m

Adj. EBIT
€ 105m
Adj. EBIT margin
10.0 %
Employees
3,324
Leverage
1.45x
Adj. EPS
€ 4.63
Truck: 34% of sales revenues
Trailer: 40% of sales revenues
Tractor: 25% of sales revenues
Share Data
JST
07/02/2023
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
"as per October 31st, 2022"
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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.