Added to YB: 2026-03-09
Pitch date: 2026-03-05
SHMD [neutral]
SCHMID Group N.V.
-1.43%
current return
Author Info
No bio for this author
Company Info
SCHMID Group N.V. develops and manufactures equipment and process solutions for electronics, photovoltaics, glass, and energy systems in Germany and internationally.
Market Cap
$400.7M
Pitch Price
$7.00
Price Target
13.30 (+94%)
Dividend
N/A
EV/EBITDA
-65.71
P/E
-2.99
EV/Sales
7.97
Sector
Electronic Equipment, Instruments and Components
Category
special_situation
Schmid Group NV: Update March 04, 2026
SHMD (update): SEC effectiveness March 3 clears $15M Tranche B before June deadline, killing insolvency risk. But 95M shares now registered for resale incl 12.5M to XJ Harbour (27.6% owner, converted €20M debt). Equity -€71M despite 700x700mm PLP delivery to major US tech co (36% larger than 600mm std, AI/HPC edge). Price spiked 45% to $9-9.50 but massive creditor overhang = exit liquidity risk.
Read full article (7 min)