What is the price-to-earnings ratio of Sixt?
The price-earnings ratio of Sixt is currently 0.88.
Sixt P/S 2024
Sixt P/S
0.88
Sixt Dividend yield
10.92 %
Ticker
SIX2.DE
ISIN
DE0007231326
WKN
723132
As of May 31, 2024, Sixt's P/S ratio stood at 0.88, a -33.33% change from the 1.32 P/S ratio recorded in the previous year.
The Sixt P/S history
Sixt Aktienanalyse
What does Sixt do?
Sixt SE is an internationally operating mobility service provider based in Pullach near Munich. The company was founded in 1912 by Martin Sixt as a small car rental company and has developed into one of the leading providers of rental cars and other mobility services in recent decades. Since the early 2000s, Sixt has gradually expanded its business model and now offers services such as car sharing, leasing, chauffeur services, and fleet management in addition to traditional car rental. The establishment of Sixt Leasing AG in 2015 enables the offering of long-term and flexible leasing contracts for private and business customers. However, the core business of Sixt remains car rental. The company operates in more than 100 countries and has over 2,200 stations worldwide. Sixt places great importance on modernizing its fleet and regularly offers its customers the latest models from various manufacturers. In addition to traditional car rental, Sixt also caters to particularly demanding customers who are looking for exclusive vehicles and services. The company operates the "Sixt Luxury Cars" division, which offers a wide range of luxury vehicles. Additionally, the offering includes the "Sixt Limousine Service," which provides limousines with chauffeur service for business travelers or special occasions. Another important area for Sixt is car sharing. With its "Sixt share" offering, the company is one of the largest car sharing providers in Europe. Customers can easily and quickly rent vehicles for short distances without having to worry about maintenance, upkeep, or insurance. Sixt also relies on a modern fleet for this service and offers customers a selection of different vehicle types. The success of Sixt is based on its many years of experience in the mobility sector, as well as its innovation and agile adaptation to new trends. In recent years, the company has increasingly invested in digital solutions and developed new mobility applications either independently or in cooperation with other providers. For example, customers can book and pay for their rides with external partner companies worldwide through "Sixt ride." Overall, Sixt offers a wide range of mobility services targeting the needs of different customers. Competent advice, 24-hour customer service, and the high quality of its vehicles and services are central features that distinguish the company. With its strategy of growing in new areas and optimizing existing divisions, Sixt will continue to play an important role in the field of mobility in the future. Sixt ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/S Details
Decoding Sixt's P/S Ratio
Sixt's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.
Year-to-Year Comparison
Comparing Sixt's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.
Impact on Investments
The P/S ratio is instrumental for investors evaluating Sixt's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.
Interpreting P/S Ratio Fluctuations
Variations in Sixt’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.
Frequently Asked Questions about Sixt Stock
How has the price-earnings ratio of Sixt changed compared to last year?
The price-to-earnings ratio of Sixt has increased by -33.33% fallen (meaning "decreased" or "dropped") compared to last year.
What consequences does a high price-earnings ratio have for investors?
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
What does a low price-earnings ratio mean?
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Is the price-earnings ratio of Sixt high compared to other companies?
Yes, the price-to-earnings ratio of Sixt is high compared to other companies.
How does an increase in the price-earnings ratio of Sixt affect the company?
An increase in the price-earnings ratio of Sixt would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.
How does a reduction in the price-to-earnings ratio of Sixt affect the company?
A decrease in the price-earnings ratio of Sixt would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.
What are some factors that influence the price-earnings ratio of Sixt?
Some factors that influence the price-earnings ratio of Sixt are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Sixt pay?
Over the past 12 months, Sixt paid a dividend of 8.22 EUR . This corresponds to a dividend yield of about 10.92 %. For the coming 12 months, Sixt is expected to pay a dividend of 8.59 EUR.
What is the dividend yield of Sixt?
The current dividend yield of Sixt is 10.92 %.
When does Sixt pay dividends?
Sixt pays a quarterly dividend. This is distributed in the months of July, July, July, July.
How secure is the dividend of Sixt?
Sixt paid dividends every year for the past 0 years.
What is the dividend of Sixt?
For the upcoming 12 months, dividends amounting to 8.59 EUR are expected. This corresponds to a dividend yield of 11.41 %.
In which sector is Sixt located?
Sixt is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Sixt kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Sixt from 6/17/2024 amounting to 3.9 EUR, you needed to have the stock in your portfolio before the ex-date on 6/13/2024.
When did Sixt pay the last dividend?
The last dividend was paid out on 6/17/2024.
What was the dividend of Sixt in the year 2023?
In the year 2023, Sixt distributed 7.4 EUR as dividends.
In which currency does Sixt pay out the dividend?
The dividends of Sixt are distributed in EUR.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.
The Sixt stock can be added to a savings plan with the following providers: Trade Republic, Scalable Capital and Consorsbank
Andere Kennzahlen von Sixt
Our stock analysis for Sixt Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Sixt Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
