Heidelberger Druck

Much reduced share price forced us to increase the peer group discount

14/12/17 -"The shares have lost some of their appeal and the strength they showed through to early October of this year. Since then, they have retreated by some 25%. Whereas the results of our DCF and SOTP ..."

PDF page sample
Pages
46
Language
English
Published on
14/12/17
Download
You may also be interested by these reports :
03/05/24
Legrand’s Q1 figures missed the company-compiled consensus across the board. Sales and organic growth were below expectations, owing to a weak ...
03/05/24
Ongoing strong demand and 50bps higher EBITDA margin of 10.1% in 1Q24 – Upper half of Krones’ FY24 guidance should be achievable
02/05/24
Vestas reported a weak set of Q1 results that were below the company-compiled consensus across the board, except for orders. Orders faced a tough ...
02/05/24
Confidence regarding medium-term growth and profitability – Solid 1Q24 figures expected – TP raised to EUR 39

EXECUTIVE SUMMARY

Updates Pension Risks
Target & Opinion Governance & Management
Business & Trends Graphics : Momentum
Money Making Graphics : MACD & Volumes
Debt Graphics : Sensitivities
Valuation Sector: Performance
DCF Sector: Key data
NAV/SOTP Sector: Ratios & Valorisation
Worth knowing Sector: Peers
Financials Sector: Analysis

CONFLICTS OF INTEREST

AlphaValue does not have nor seek any business with companies covered in AlphaValue Research paid by subscription. As a result, investors can be confident that there is no conflict of interest that could affect the objectivity of AlphaValue Research.

Corporate broking NO
Trading in corporate shares NO
Analyst ownership NO
Advising of corporate (strategy, marketing, debt, etc) NO
Research paid for by corporate NO
Provision of corporate access paid for by corporate NO
Link between and a banking entity NO
Brokerage activity at AlphaValue NO