Professional
Added to YB: 2024-11-26
Pitch date: 2024-11-24
MBH3.F [neutral]
Maschinenfabrik Berthold Hermle AG
-6.62%
current return
Author Info
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Company Info
Maschinenfabrik Berthold Hermle AG manufactures and sells milling machines worldwide. The company provides a portfolio of machining center C product series use in space mouse, saw handle, milling tools, bone plate, soft ice cream, propeller, heavy-duty machining, steering knuckle, pipe die, engine housing, skiving/fir tree, pipe support, engine housing, power skiving, pelton wheel, sledge, fan module, spiral funnel, railway wheel, rocker box, die mould, downhill bike pedal, moulding plate, sailboat, model making, and connecting rod applications.
Market Cap
EUR 815.0M
Pitch Price
EUR 157.41
Price Target
N/A
Dividend
9.23%
EV/EBITDA
6.00
P/E
10.15
EV/Sales
1.32
Sector
Machinery
Category
dividend
Bottom Fishing in Sick Man's Land - Maschinenfabrik Berthold Hermle AG
MBH3.F: Leading CNC milling machine maker w/ 20%+ op margins, 20yr profit streak. 7x LTM EV/EBIT, 9% div yield. 2024 outlook weak, considering 'Kurzarbeit'. Geopolitical risks, but strong balance sheet (100m+ net cash) to weather downturn & invest for recovery. Family-controlled, engineering excellence.
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