Added to YB: 2026-06-09
Pitch date: 2026-06-06
HP3A.DE [bullish]
Ringmetall SE
Author Info
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Company Info
Ringmetall SE develops, produces, and markets packaging solutions for industrial drums in Germany and internationally.
Market Cap
EUR 79.6M
Pitch Price
EUR 2.76
Price Target
4.60 (+68%)
Dividend
3.65%
EV/EBITDA
7.30
P/E
21.14
EV/Sales
0.76
Sector
Machinery
Category
value
Ringmetall SE - $HP3A.DE
HP3A.DE: German micro-cap specialty packaging consolidator; global leader in drum clamping rings (>50% share) + growing liner business via M&A. Mgmt owns ~60%, buying shares at €2.70. Trough earnings, cyclical chemical exposure. EV/EBITDA 7x vs 9x mid-cycle. SMC PT €4.60. Risks: cyclicality, M&A drag, weaker liner moat. Likely buying.
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