GEA Group


GEA, AS FRUSTRATING AS EVER (ADD, 22% UPSIDE)

23/03/20 -"There are infinite ways to skin a cat when it comes to financial performance measurement. GEA (Add, Germany) computes a 2019 ROCE at 10.6%. We stumble with less than 5%. The difference is in the ..."

Pages
54
Language
English
Published on
23/03/20
You may also be interested by these reports :
04/11/25
A solid quarter overall. The CFO change appears to be driven by non-operational reasons, although we do not have full confirmation of this. We ...

04/11/25
Burckhardt Compression remains a strong company with a significant market share in certain specific applications. However, due to the embedded risk ...

04/11/25
3Q25: Results suffered from an overall subdued macro environment but – the already adjusted – FY25E guidance was confirmed

03/11/25
When we look at the sales numbers, this appears to be a very strong quarter, but given that Nexans uses the POC revenue recognition method, it means ...

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