Bajaj Mobility AG (FRA:PKTM) Research & Development: €79 Mil (TTM As of Dec. 2025)


FRA:PKTM Bajaj Mobility AG FRA:PKTM
58 GF Score
Price €19.06
GF Value €11.42
Valuation Significantly Overvalued
! 11 Warning Signs
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What is Bajaj Mobility AG Research & Development?

Bajaj Mobility AG FRA:PKTM +3.03% 58 Research & Development is €79 Mil as of Dec. 2025. GuruFocus rates FRA:PKTM with a GF Score™ of 58/100 and a GF Value™ of €11.42 (Significantly Overvalued). The stock has 11 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Bajaj Mobility AG's Research & Development for the six months ended in Dec. 2025 was €32 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was €79 Mil.

Bajaj Mobility AG  (FRA:PKTM) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Bajaj Mobility AG Research & Development Related Terms

Bajaj Mobility AG Research & Development Historical Data

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The historical data trend for Bajaj Mobility AG's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Bajaj Mobility AG Research & Development Chart

Bajaj Mobility AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.33 55.35 53.76 80.44 78.97

Bajaj Mobility AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.16 27.40 53.04 47.40 31.57
FRA:PKTM
58GF Score
Bajaj Mobility AG FRA:PKTM
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Bajaj Mobility AG Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was €79 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of €79 Mil mean?
Bajaj Mobility AG (FRA:PKTM) has a Research & Development of €79 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Bajaj Mobility AG and its competitors.
Is Bajaj Mobility AG's Research & Development too high?
Bajaj Mobility AG's current Research & Development is €79 Mil. Overall, Bajaj Mobility AG has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bajaj Mobility AG's Research & Development compare to TSLA and GM?
Bajaj Mobility AG's Research & Development of €79 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Vehicles & Parts company?
A good Research & Development depends on the Vehicles & Parts industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Bajaj Mobility AG and its competitors. Bajaj Mobility AG's current Research & Development is €79 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bajaj Mobility AG stock overvalued right now?
Based on GuruFocus' analysis, Bajaj Mobility AG (FRA:PKTM) is currently considered Significantly Overvalued. The stock's GF Value™ is €11.42, compared to a current price of €19.06 — trading 66.9% above its estimated fair value. The current Research & Development is €79 Mil. Bajaj Mobility AG's overall GF Score™ is 58/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Bajaj Mobility AG (FRA:PKTM), the current Research & Development is €79 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Bajaj Mobility AG (FRA:PKTM) Overvalued in 2026?

Based on GuruFocus' analysis, Bajaj Mobility AG stock appears to be overvalued. The current stock price of €19.06 is trading 66.9% above its estimated GF Value™ of €11.42. GuruFocus considers Bajaj Mobility AG to be Significantly Overvalued.

Key valuation signals for FRA:PKTM:

  • Research & Development: €79 Mil
  • GF Value™: €11.42 vs. price of €19.06 (66.9% above fair value)
  • GF Score™: 58/100 with 11 warning signs

No single metric tells the full story. See the FRA:PKTM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Bajaj Mobility AG Business Description

Address Stallhofnerstrabe 3, Mattighofen, AUT, 5230
Bajaj Mobility AG is a manufacturer of premium motorcycles and two- and three-wheelers, bringing together performance-driven brands such as KTM, Husqvarna Motorcycles, and GASGAS, along with high-performance components under the WP brand. Focused on the premium segment, the company emphasizes innovation, engineering excellence, and brand positioning. Its Motorcycle segment, which generates the highest revenue, covers the development, production, and sale of motorcycles and components across international markets. The Bicycle segment, operated through PIERER New Mobility GmbH, includes brands such as Husqvarna E-Bicycles, GASGAS Bicycles, and FELT Bicycles, offering electric and conventional bikes. The company derives the majority of its revenue from Europe (excluding Austria).
58GF Score

Get the complete analysis for FRA:PKTM

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€19.06
Price
€11.42
GF Value