Added to YB: 2025-11-27
Pitch date: 2025-11-25
ZIL2.DE [neutral]
ElringKlinger AG
+3.38%
current return
Author Info
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Company Info
ElringKlinger AG develops, manufactures, and sells components, modules, and systems for the automotive industry in Germany, rest of Europe, North America, the Asia-Pacific, and internationally.
Market Cap
EUR 252.8M
Pitch Price
EUR 4.00
Price Target
N/A
Dividend
3.76%
EV/EBITDA
11.85
P/E
-2.20
EV/Sales
0.46
Sector
Automobile Components
Category
turnaround
ElringKlinger (ZIL2 Germany): halfway through the reinvention, but the hard part lies ahead
ZIL2.DE (update): German auto supplier halfway through 10-year ICE-to-EV transformation, targeting 50% non-ICE sales by 2030. Margins to rise from 5% to 7-8% via €50M cost cuts + new e-mobility contracts. Capex drops to 2-4% vs double-digit, freeing cash for <2x leverage. 2025 flat revenue/modest profit growth. Further restructuring likely.
Read full article (2 min)