Added to YB: 2025-11-13
Pitch date: 2025-11-11
TWEKA.AS [bullish]
TKH Group N.V.
-2.57%
current return
Author Info
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Company Info
TKH Group N.V. develops and delivers smart vision, smart manufacturing, and smart connectivity systems in the Netherlands, rest of Europe, Asia, North America, and internationally.
Market Cap
EUR 1.5B
Pitch Price
EUR 38.18
Price Target
N/A
Dividend
3.91%
EV/EBITDA
12.65
P/E
24.23
EV/Sales
1.30
Sector
Electrical Equipment
Category
turnaround
TKH Group (TWEKA Netherlands): A messy quarter, but the bigger picture still holds
TWEKA.AS (quick overview): Q3 showed 8% organic growth but margins flat at 9.2% due to Smart Manufacturing lag & Connectivity costs. Vision +11% growth strong. Management reaffirmed FY guidance implying stronger H2. Asset divestments over 12-18 months could yield €650M+ for buybacks/reinvestment in higher-margin automation businesses. Short-term margin issues don't undermine long-term automation thesis.
Read full article (2 min)