Added to YB: 2023-07-10
Pitch date: 2023-07-08
SF3.DE [bullish]
STS Group AG
-45.21%
current return
Author Info
Upgrade to Yellowbrick Premium to unlock investor returns. Upgrade to Yellowbrick Premium
Company Info
STS Group AG supplies components and systems for the commercial vehicle and automotive industry in Germany, France, Mexico, the United States, and China.
Market Cap
EUR 18.4M
Pitch Price
EUR 5.20
Price Target
8.00 (+181%)
Dividend
1.75%
EV/EBITDA
1.37
P/E
-35.63
EV/Sales
0.11
Sector
Machinery
Category
value
Show full summary:
Q2'23 New Buy - STS Group
SF3.DE (new position): German auto supplier (trucks) at 2.7x EV/EBITDA vs peers 4x. Adler Pelzer owns 70% (bought €7/sh 2021). Thesis: China EBITDA recovers to 2019 levels, Plastics at 2022 levels, new US factory for Volvo in 2024, contracts renegotiated for material costs. Normalized ~€18mm EBITDA. Fair value €8 vs €5.3.
Read full article (2 min)