Added to YB: 2024-08-28
Pitch date: 2024-08-27
GEST.MC [bullish]
Gestamp Automoción, S.A.
+13.1%
current return
Author Info
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Company Info
Gestamp Automoción, S.A. designs, develops, and manufactures metal components for the automotive industry in Western Europe, Eastern Europe, Mercosur, North America, and Asia.
Market Cap
EUR 1.9B
Pitch Price
EUR 2.57
Price Target
N/A
Dividend
N/A
EV/EBITDA
1.57
P/E
11.33
EV/Sales
0.15
Sector
Automobile Components
Category
value
Gestamp Automoción, S.A. - $GEST.MC
GEST.MC: Auto parts maker hit by weak EU car sales. 1H24 rev -2.1% YoY, EBITDA -6.6%, margin 10.6%. FCF -€66M, leverage up to 1.9x. FY guidance challenging. Long-term thesis intact: EV transition, sector consolidation, cheap valuation (3x EV/EBITDA). Patience needed for multiple re-rating.
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