Added to YB: 2024-04-04
Pitch date: 2024-04-03
MBH3.F [neutral]
Maschinenfabrik Berthold Hermle AG
-24.37%
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 195.68
Price Target
N/A
Dividend
9.23%
EV/EBITDA
6.00
P/E
10.15
EV/Sales
1.32
Sector
Machinery
Category
N/A
Hermle: A German Small-Cap High Quality Company
MBH3.F: Leading milling machine maker w/ 30K+ installed globally. Modular machines for high-tech industries. 18-20% op margins, 25% ROE, 80-90% FCF/EPS. Net cash 15% of market cap. Highly cyclical - revenues -30-40% in past recessions. 80% FCF paid as divs. Good biz at right price.
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