Professional
Added to YB: 2024-05-21
Pitch date: 2024-05-20
RAA.DE [neutral]
RATIONAL Aktiengesellschaft
-18.64%
current return
Author Info
Sweet Stocks is a former portfolio manager at an international small cap fund who shares pitches for international equities. Sign up for his blog.
Company Info
RATIONAL Aktiengesellschaft engages in the development, production, and sale of professional cooking systems for industrial kitchens in Germany, rest of Europe, North America, Latin America, Asia, Australia, New Zealand, the Middle East, and Africa.
Market Cap
EUR 8.0B
Pitch Price
EUR 787.28
Price Target
N/A
Dividend
2.14%
EV/EBITDA
20.85
P/E
31.74
EV/Sales
6.23
Sector
Machinery
Category
growth
Rational – full steam ahead?
RATIONAL (RAA.DE): World leader in combi-steamers with 50% share. 9% organic profit CAGR since 2000 IPO driven by superior product, sales demo process & scale economies. NA growth potential but valuation high at 38x PE with risks from new Italian rival UNOX & post-founder mgmt uncertainty.
Read full article (12 min)