Rheinmetall CEO Armin Papperger stated that the company’s operating income in 2025 is expected to reach approximately 1.5 to 1.7 billion euros, which, when multiplied by a factor of 11 or 12, suggests a valuation in the range of 17 billion euros over the medium term.
“A valuation of 17 billion euros is realistic for Rheinmetall over the medium term,” Rheinmetall CEO Armin Papperger told German newspaper publisher RND in an interview published on Satursday.
Rheinmetall’s current stock valuation stands at around 10.5 billion euros, reflecting its 2022 operating income of 754 million euros.
The company’s stock value has tripled since December 2021, and it recently joined Germany’s prestigious DAX index.
