The railway will be on strike – you may have to suffer as a result. It is about higher or much higher wages. It would not be surprising if the strikes were to extend for a long time in the coming weeks. One industry will be happy: Car rental companies such as Sixt. In any case, Sixt’s stock is at least very interesting for you.

Sixt: High Targets The car rental company has had to record rather weak developments on the stock market in recent months. So the share price has lost 17% in the last six months. Nevertheless, the chances of a good year are at least chart technically respectable. The share price has also recorded a plus of 7.2% since the beginning of the year – so the title is already better on the market than perhaps expected.

Overall, the prospects are comparatively good. The turnover in the current year will certainly exceed the 3.5 billion euro mark. Revenues are expected to increase by another 200 million euros next year. The market value is currently around 3.8 billion euros. This gives a price-sales ratio of just under 1. That is comparatively inexpensive.

The net result is expected to be around 330 to 340 million euros. The P/E ratio will then be recorded with a value of 12.5 to 13. That too I consider to be a manageable, moderate valuation in historical comparison. The decisive question will be whether the assumptions are plausible.

Sixt: Car Rental – A Good Business? Car rental ultimately depends on the economic development. You read every day that things are looking quite weak in Germany. It is possible that the economy could even go into a slight recession (the economics minister takes other scenarios than various institutes). As long as the economy does not collapse, I even see this as a small help.

Companies – as well as private households – tend to postpone investments in weaker times, so here in new vehicles. The leasing business (perhaps with shorter terms) or the classic rental should even benefit slightly in weak times.

So I don’t consider the assumptions mentioned above to be implausible, positively formulated for plausible. The dividend yield will currently be around 4%. That too is strong. So from an economic point of view there is a lot to be said for this share. The chart technical situation is even extremely interesting. Here the circle closes: 100 euros is a high hurdle from this perspective. This has to be overcome – then investors with this focus would be highly interested again.

Sixt:well-positioned in crisis – WKN: 723132 – ISIN: DE0007231326 Source: https://fundamental.aktienscreener.com/DE0007037129/EI/rwe-ag/data