Added to YB: 2026-05-22
Pitch date: 2026-05-20
STGN.SW [bullish]
StarragTornos Group AG
+2.2%
current return
Author Info
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Company Info
StarragTornos Group AG develops, manufactures, and distributes precision machine tools for milling, turning, boring, grinding, and machining of work pieces of metal, composite materials, and ceramics.
Market Cap
CHF 171.5M
Pitch Price
CHF 31.80
Price Target
92.00 (+183%)
Dividend
3.18%
EV/EBITDA
7.22
P/E
32.10
EV/Sales
0.32
Sector
Machinery
Category
value
StarragTornos (STGN) – A Profitable and Dividend Paying Machine Tool Maker at P/TB 0.57x in a Cyclical Downturn
STGN.SW (overview): Swiss machine tool maker formed via Dec 2023 Starrag-Tornos merger. 2025 sales 442M CHF (-10.5%), EBIT margin 1.4% (vs 3.1% prior). Aerospace orders +40% to 126.5M CHF. Net cash 29.6M CHF, 0.57x P/B (vs 10yr median 0.91x). Hidden RE: buildings at 103M CHF vs 290M CHF fire insurance value. Mgmt targets 5% sales CAGR, 8%+ EBIT margin. Consensus: 538M CHF sales by 2028, 46.8M EBITDA. At 9x EV/EBITDA = 93 CHF/share (186% upside, 42% CAGR). Risks: cyclical downturn, 10yr ROCE only 5%, low profitability. Fust family controlled. 1 CHF dividend (3.1% yield).
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