Dividend Yield: 5.9%

Sixt SE's dividend yield of 5.95% is among the top 25% in Germany but lacks coverage by free cash flows, raising sustainability concerns. Despite a payout ratio of 75.8%, dividends have been volatile and unreliable over the past decade. Recent earnings show Q2 revenue at €1 billion with net income halved to €48.29 million year-on-year, reflecting financial strain. The stock trades at a favorable P/E ratio of 12.7x compared to the German market's 16.7x, indicating good relative value despite recent index exclusion and expansion efforts in North America.

• Click here to discover the nuances of Sixt with our detailed analytical dividend report.

• In light of our recent valuation report, it seems possible that Sixt is trading behind its estimated value.

WashTec

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: WashTec AG provides car wash solutions across Germany, Europe, North America, and the Asia Pacific, with a market cap of €508.53 million.

Operations: WashTec AG's revenue segments include €91.10 million from North America and a segment adjustment of €393.04 million.

Dividend Yield: 5.8%

WashTec's dividend yield of 5.79% ranks in the top 25% in Germany but is not well covered by earnings, with a payout ratio of 101.5%. Despite recent growth in net income and EPS, dividends have been volatile over the past decade. The company’s cash payout ratio of 47.9% suggests better coverage by cash flows, yet high debt levels pose risks. Recent Q2 earnings showed sales at €119.41 million and net income at €7.55 million, up from last year’s €6.17 million.

• Click here and access our complete dividend analysis report to understand the dynamics of WashTec.

• Our comprehensive valuation report raises the possibility that WashTec is priced lower than what may be justified by its financials.

Next Steps

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include XTRA:O4B XTRA:SIX2 and XTRA:WSU.

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