What does the Helsing partnership mean for Schaeffler?

It links Schaeffler’s manufacturing depth to a fast-growing defense tech player. We expect work in areas like precision bearings, electric drives, and actuation for drone-related systems and other platforms. The goal is faster development, reliable serial output, and competitive cost. If program wins follow, this can add recurring revenue from spares and service. The partnership also helps align with Germany’s focus on modern defense, which can support long-term orders and better visibility for Schaeffler stock.

Could defense really add €1 billion of revenue within five years?

Management says yes, with a ramp from roughly €100 million today. The path likely depends on winning serial production slots and meeting strict qualification. We will look for contract announcements, backlog detail, and timing for first deliveries. A balanced mix of components and subsystems, plus service, can help reach scale. If execution stays on track, the target is achievable, which could be a material driver for Schaeffler stock and its valuation in Germany.

How might this shift affect valuation for investors in Germany?

If defense grows as planned, the company’s earnings mix may improve. Today, trailing price to sales near 0.37 and price to book near 0.86 suggest a value tilt. Defense can bring longer visibility and pricing power, which may support a rerating. Investors should still monitor leverage and cash conversion, since net debt to EBITDA is about 6.0. Clear disclosure and steady orders are key if Schaeffler stock is to close any gap with other German defense suppliers.

What are the biggest risks to the defense strategy?

Key risks include regulatory approvals, export controls, and cybersecurity requirements that can delay revenue. There is also execution risk across prototyping, testing, and integration into larger systems. Capital needs could rise during the ramp, so leverage and interest coverage matter. Finally, timing of customer budgets and procurement decisions can shift. We would track firm orders, milestones, and cash flow updates to judge how these risks may affect Schaeffler stock in the next 12 to 24 months.

Global Market Insights

SHA.DE Stock Today: December 22 — Schaeffler Pivots to Defense, Eyes €1B Revenue With Helsing

ByHuzaifa Zahoor December 23, 2025December 23, 2025

Schaeffler stock is back in the spotlight as the German supplier pushes into defense with a new cooperation involving Helsing. CEO Klaus Rosenfeld signaled defense revenue could grow from about €100 million today to roughly €1 billion within five years. For investors in Germany, the move could rebalance exposure away from a soft auto cycle and lift the group’s margin mix. We track how SHA.DE may benefit, what the Helsing partnership could deliver, and the key catalysts to watch for Schaeffler stock.