MAX Automation SE

Recommendation

Buy

Price Target

€8.20

Upside

32.26%

Chart
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€6.20

€0.02 (0.32%)
Realtime-Data from 17.05.2024 19:43:02
MAX Automation is an investment company with currently 6 majority stakes in German industrial companies (bdtronic Group, Vecoplan Group, MA micro Group, AIM micro systems GmbH, NSM + Jücker, ELWEMA Automotive GmbH) and a minority stake (5.69%) in ZEAL Network SE. The two investments bdtronic and Vecoplan, which already accounted for 71% of the holding company's revenue in the 2023 financial year, deserve special mention. Vecoplan develops, produces and sells shredding and sorting systems for the recycling industry to recycle wood, plastics and paper, for example. Bdtronic develops and produces impregnation and dosing machines for the automotive industry, which are primarily used for electric motors. The increase in global production figures for electric cars has also made itself felt in bdtronic's order book.
Ticker
MXHN GR
Market Cap
€254.94 M
Enterprise Value
€332.02 M
26 week avg vol.
5854
Primar Exchange
Xetra
IPO
1994
Sector
Industrials
Headquarters
Hamburg, DE
Employees
1619
Incorporated
1990
CEO
currently no CEO
Günther Group
64.77%
H&A Fund Services
6.59%
BWVA
5.00%
Werner Weber
4.16%
Werner Weber
3.88%
14.05.2024
Publication of Q1 report
30.05.2024
Annual General Meeting
02.08.2024
Publication half yearly financial report
08.11.2024
Publication of Q3 report

KPIs in EUR

KPI20232024e2025e
Sales397.37 M410.60 M439.07 M
EBITDA34.56 M33.03 M36.98 M
EBIT19.16 M22.00 M26.28 M
EPS0.370.210.29
FCF6.45 M35.82 M25.16 M

Valuation

KPI20232024e2025e
EV / Sales0.84x0.72x0.62x
EV / EBITDA9.61x8.96x7.32x
EV / EBIT17.33x13.45x10.31x
Price / Earnings16.80x29.49x21.15x
EV / FCF51.52x8.26x10.76x

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