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Added to YB: 2025-01-24

Pitch date: 2025-01-23

DRW3.DE [bullish]

Drägerwerk AG & Co. KGaA

+25.91%

current return

Author Info

Duck Pond Value Research is seeking tranquil ponds with a value philosophy. Margin of safety is not just a mantra. Follow us for investment theses, sector reports, or our economic perspectives. Sometimes ponds can be moats. Sign up for the newsletter.

Company Info

Drägerwerk AG & Co. KGaA operates as a medical and safety technology company worldwide. It develops, produces, and markets system solutions, equipment, and services for acute point of care, including emergency medicine, perioperative care, intensive care, and perinatal medicine.

Market Cap

EUR 972.6M

Pitch Price

EUR 54.08

Price Target

91.00 (+35%)

Dividend

3.19%

EV/EBITDA

4.06

P/E

N/A

EV/Sales

0.35

Sector

Health Care Equipment and Supplies

Category

turnaround

Show full summary:
Drägerwerk AG & Co. KGaA - $DRW3.DE

DRW3.DE: Medical & safety equipment maker. Low margins vs peers due to EU focus. 'Profitability First' plan aims for 1% annual EBIT growth to 10% by 2030. Safety division strong, medical faces headwinds. 60% upside at 8x 2027E EBIT. Risks: competition, margins, public spending dependence.

Read full article (17 min)