Added to YB: 2024-08-19
Pitch date: 2024-08-18
MBB.DE [bullish]
MBB SE
+72.28%
current return
Author Info
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Company Info
MBB SE, together with its subsidiaries, engages in the acquisition and management of medium-sized companies in Germany and internationally.
Market Cap
EUR 935.0M
Pitch Price
EUR 102.39
Price Target
N/A
Dividend
0.68%
EV/EBITDA
2.59
P/E
15.69
EV/Sales
0.54
Sector
Industrial Conglomerates
Category
value
MBB SE - $MBB.DE
MBB.DE: Family-run holding co, 20yr CAGR 11%, 14yr div growth. 6 cos in 3 sectors. 5x LTM EV/EBIT, €358M cash. Margins weak since '21, but EBIT/share & cash doubled since '17. Recent issues (Vorwerk contracts, Hanke energy) resolving. €1.2B backlog, sustainability tailwinds. FCF €50-60M/yr. Buybacks, increased stakes in subs. Acquisition hints. Risks: competition, recession, poor M&A.
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