Professional
Added to YB: 2024-11-26
Pitch date: 2024-11-24
FEW.F [neutral]
Funkwerk AG
Author Info
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Company Info
Funkwerk AG develops and sells communication, information, and security systems worldwide. It provides train radio systems, including cab radio systems, ETCS data radio, data radio, handhelds, analogue radio, datasheets, TETRA train radio systems, and test equipment; LTE voice radio systems; visual and acoustic passenger information systems, such as FIA, CURA, accessibility, and monitors, displays and columns, as well as equipment and services; public address systems; and physical security information management systems.
Market Cap
EUR 158.0M
Pitch Price
N/A
Price Target
N/A
Dividend
3.83%
EV/EBITDA
4.58
P/E
N/A
EV/Sales
0.71
Sector
Communications Equipment
Category
value
Bottom Fishing in Sick Man's Land - Funkwerk AG
FEW.F: German train radio specialist, mkt cap €160M, €40M net cash. H1 record revenue/gross profit. 2024 EBIT guidance €20-23M, possibly €25M (5x EV/EBIT). Strong order book, successful M&A. Conservative guidance history. Steady execution despite 3yr stock decline. Market recognition potential.
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