Added to YB: 2024-07-19
Pitch date: 2024-07-18
NEDAP.AS [neutral]
Nedap N.V.
+57.17%
current return
Author Info
Compound & Fire shares at least one company deep dive every month. Sign up for the newsletter.
Company Info
Nedap N.V., together with its subsidiaries, develops and manufactures electronic equipment and software in the Netherlands, Germany, rest of Europe, North America, and internationally.
Market Cap
EUR 611.4M
Pitch Price
EUR 57.39
Price Target
90.00 (-0%)
Dividend
3.45%
EV/EBITDA
16.25
P/E
28.77
EV/Sales
2.39
Sector
Electronic Equipment, Instruments and Components
Category
turnaround
Disappointing Half Year Results Nedap
NEDAP.AS: Rev -8% HY1, recurring +20% (39% of total). Added value % up 69% to 71%. FY guidance adjusted to 2H growth (was full year). EBIT margin 8.5% vs 12% LY. PT €90, down from €118.75. Long-term case intact but delayed. Retail improving, Carter's contract extended. Healthcare expanding market position.
Read full article (2 min)