Added to YB: 2026-08-06
Pitch date: 2026-08-04
FRVIA.PA [neutral]
Forvia SE
-1.66%
current return
Author Info
Lux Opes Research covers European companies. Lots of them. Sign up for the newsletter.
Company Info
Forvia SE, together with its subsidiaries, manufactures and sells automotive technology solutions in France, Germany, other European countries, other Europe, the Middle East, Africa, the Americas, Asia, and internationally.
Market Cap
EUR 1.8B
Pitch Price
EUR 9.52
Price Target
N/A
Dividend
N/A
EV/EBITDA
4.26
P/E
-1.45
EV/Sales
0.44
Sector
Automobile Components
Category
turnaround
Forvia (FRVIA France): Strong execution keeps deleveraging on track, but the market wants more than steady progress
FRVIA.PA (update): Solid H1 with cash generation beating expectations, prompting upward FCF/margin revisions. Op margin tracking mid 6.0-6.5% range; FCF >3% of sales. NA margin 7.1% sustainable, China stabilizing (book-to-bill ~3x), Lighting bottomed. IGNITE saving €110m. Deleveraging to 1.5x by 2026, 1.2x by 2028 before returns. Re-rating needs balance sheet repair proof; stock unresponsive.
Read full article (2 min)