Added to YB: 2024-10-14
Pitch date: 2024-10-11
AQ.ST [bullish]
AQ Group AB (publ)
+0.41%
current return
Author Info
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Company Info
AQ Group AB (publ) manufactures and sells components and systems for industrial customers in Sweden, rest of European countries, and internationally.
Market Cap
SEK 11.2B
Pitch Price
SEK 122.50
Price Target
196.20 (+60%)
Dividend
1.09%
Sector
Electrical Equipment
Category
value
The future - It's electrifying! - AQ Group
AQ.ST: Quality EMS co. with 30yr profit streak, 19% NOPAT CAGR. Organic growth -6% (-2% adj), margins improving. Low debt, cost control. Focus on complex parts, quality (92% OTD). Founders own 40%, aligned mgmt. Cyclical risks. DCF shows market expects 11.2% growth, lower than historical 19%. PT 196.2 SEK, current 117 SEK.
Read full article (8 min)