Professional
Added to YB: 2025-10-13
Pitch date: 2025-10-08
LXS.DE [neutral]
LANXESS Aktiengesellschaft
-5.27%
current return
Author Info
No bio for this author
Company Info
LANXESS Aktiengesellschaft, a specialty chemicals company, engages in the development, manufacture, and marketing of chemical intermediates, additives, and consumer protection products worldwide.
Market Cap
EUR 1.8B
Pitch Price
EUR 20.70
Price Target
N/A
Dividend
0.47%
EV/EBITDA
8.59
P/E
-7.57
EV/Sales
0.67
Sector
Chemicals
Category
value
Black Bear Value Partners Portfolio Holding: LANXESS Aktiengesellschaft
LXS.DE (holding update): German specialty chem co transitioning from cyclical to sticky biz (auto exposure cut from 40% to 15% since 2016). 3.4x debt/EBITDA, targeting 2.5x. 7-9% FCF yield now, 11-14% normalized. JV put right worth €500M-€1B pending, creating 15-20% mid-cycle yield potential. Mgmt likely aggressive buybacks post-deleveraging.
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