Added to YB: 2024-10-14
Pitch date: 2024-10-11
AQ.ST [bullish]
AQ Group AB (publ)
+80.26%
current return
Author Info
Learning to Grow shares thoughts, learnings and research on companies that might turn out to be compounders in the long run. Sign up for the newsletter.
Company Info
AQ Group AB (publ) develops, manufactures, and assembles components and systems for industrial customers in Sweden, Finland, Germany, the United States, China, France, Poland, China, Italy, the Netherlands, India, Canada, and internationally.
Market Cap
SEK 19.9B
Pitch Price
SEK 120.16
Price Target
196.20 (-14%)
Dividend
0.83%
EV/EBITDA
15.73
P/E
28.82
EV/Sales
2.10
Sector
Electrical Equipment
Category
value
The future - It's electrifying! - AQ Group
AQ.ST: Quality EMS co. with 30yr profit streak, 19% NOPAT CAGR. Organic growth -6% (-2% adj), margins improving. Low debt, cost control. Focus on complex parts, quality (92% OTD). Founders own 40%, aligned mgmt. Cyclical risks. DCF shows market expects 11.2% growth, lower than historical 19%. PT 196.2 SEK, current 117 SEK.
Read full article (8 min)