Added to YB: 2025-01-27
Pitch date: 2025-01-26
TKA.DE [bullish]
thyssenkrupp AG
Author Info
No bio for this author
Company Info
thyssenkrupp AG operates as an industrial and technology company in Germany and internationally. The company operates through Automotive Technology, Decarbon Technologies, Materials Services, Steel Europe, and Marine Systems segments.
Market Cap
EUR 2.7B
Pitch Price
N/A
Price Target
N/A
Dividend
3.44%
Sector
Metals and Mining
Category
special_situation
Thyssenkrupp: A Conglomerate Trading Below Cash with Multibagger Potential
TKA.DE: Conglomerate w/ net cash 2x mkt cap. Potential multibagger w/ upcoming catalysts: TK Elevator stake sale/spinoff, Marine div. w/ €18bn backlog (15x EBIT covers mkt cap), Rothe Erde (No.1 in bearings), Nucera (hydrogen play), Steel div. restructuring. Undervalued assets incl. real estate. Multiple spin-off/sale opportunities.
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