Added to YB: 2026-09-02
Pitch date: 2026-08-30
DRW3.DE [bullish]
Drägerwerk AG & Co. KGaA
+2.61%
current return
Author Info
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Company Info
Drägerwerk AG & Co. KGaA operates as a medical and safety technology company worldwide. It develops, produces, and markets system solutions, devices, and services for the medical division, including emergency medicine, perioperative care, intensive care, and perinatal medicine.
Market Cap
EUR 1.8B
Pitch Price
EUR 84.20
Price Target
N/A
Dividend
2.05%
EV/EBITDA
5.53
P/E
12.11
EV/Sales
0.56
Sector
Health Care Equipment and Supplies
Category
turnaround
Drägerwerk Update post Guidance raise: is the Turnaround ahead of schedule?
DRW3.DE (earnings): Drägerwerk’s turnaround is gaining traction while a reverse DCF at a 9% WACC indicates the current price assumes contraction. H1 EBIT more than tripled to €63.8M and guidance was raised twice to a 6-8% margin, although results included a €7.8M customs refund. Safety remains the workhorse and Medical was still loss-making in H1 despite turning profitable in Q2; the valuation case depends on assumption-sensitive modelling and avoiding renewed decline.
Read full article (2 min)