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Added to YB: 2025-09-08

Pitch date: 2025-09-04

NDX1.DE [bullish]

Nordex SE

+35.18%

current return

Author Info

No bio for this author

Company Info

Nordex SE, together with its subsidiaries, develops, manufactures, and distributes multi-megawatt onshore wind turbines worldwide.

Market Cap

EUR 4.9B

Pitch Price

EUR 21.26

Price Target

N/A

Dividend

N/A

EV/EBITDA

10.50

P/E

82.72

EV/Sales

0.58

Sector

Electrical Equipment

Category

turnaround

Show full summary:
Nordex SE: Post-Turnaround Wind Player with Services-Led Stability

NDX1.DE: Post-turnaround onshore wind turbine co. Q2 EBITDA margin 5.8% (doubled YoY), €14.3bn backlog (~2yr revenue coverage), orders +82% YoY. Service div +17% (recurring, high-margin). €942m cash, 18% equity ratio. Risks: regulatory changes, project delays. EV €4.16bn vs 2025e rev €7.4-7.9bn, 5-7% EBITDA margin guidance.

Read full article (2 min)