Professional
Added to YB: 2025-10-13
Pitch date: 2025-10-08
LXS.DE [neutral]
LANXESS Aktiengesellschaft
-13.91%
current return
Author Info
No bio for this author
Company Info
LANXESS Aktiengesellschaft, operates as a specialty chemicals company that engages in the development, manufacture, and marketing of chemical intermediates, additives, specialty chemicals, and consumer protection products worldwide.
Market Cap
EUR 1.8B
Pitch Price
EUR 20.70
Price Target
N/A
Dividend
0.48%
EV/EBITDA
9.05
P/E
-10.85
EV/Sales
0.63
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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