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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

Show full summary:
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.

Read full article (1 min)