Dr. Hönle AG

Recommendation

Buy

Price Target

€16.00

Upside

89.57%

Chart
  • 1M
  • 3M
  • 6M
  • YTD
  • 1Y
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€8.44

€0.18 (2.18%)
Realtime-Data from 12.08.2025 15:44:33

Dr. Hönle is a German specialist in UV lamps and systems used in printing to dry and harden ink, and disinfect water and surfaces. It also offers adhesives for niche applications in consumer electronics, automotive, medical, and other sectors. The business is divided into Adhesives, Curing and Disinfection. The company serves a diverse customer base, with its top five customers accounting for about 20% of sales. Until 2030, the company plans to grow the business to € 175m sales with a 20-25% EBITDA margin carried by its successful transformation.

ISIN
DE0005157101
Market Cap
€51.17M
Enterprise Value
€96.91M
26 week avg vol.
5420
Primar Exchange
IPO
2001
Sector
Other
Headquarters
Gräfelfing, DE
Employees
585
Incorporated
1976
CEO
Free Float
74.40%
Peter Möhrle GmbH
25.60%
Teslin / Gerlin
4.50%
Hans-Joachim Vits
4.20%
Lazard
4.00%
24.09.2025
ENUM.FINANCIAL_CALENDAR.roadshow

KPIs in EUR

KPI20242025e2026e
Sales98.73M93.00M100.44M
EBITDA3.09M5.77M9.94M
EBIT-10.26M766.00K4.94M
EPS-2.19-0.110.38
FCF3.44M3.24M3.28M

Valuation

KPI20242025e2026e
EV / Sales0.98x0.99x0.89x
EV / EBITDA31.37x16.02x8.96x
EV / EBIT(9.44x)120.58x18.04x
Price / Earnings(3.85x)(74.00x)22.32x
EV / FCF28.20x28.52x27.18x

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