Hi guys, I came across a stock name Bekaert and is currently trading at around 22 euros a share. It has a market cap of around 1.34B. They did 3.5B in revenue last year and have employed more than 33,000 people.It also gives a good dividend of 3.46%. This company is heavily undervalued and will double in the next year or two.
Dear LaurensL, thank you very much for your suggestion. I have spent few minutes to check the situation of Bekaert. I have read (I'm honest I didn't read the Financial Reports release from Bekaert) NV Bekaert SA (BEKB.BR) on yahoo - the MktCap is 1.13B - the revenue are 4.16B, and the EBITDA 439.52M (10,56%) - Accounts Payable 665M - Total Debt is 1.71B - Inventory is 779M Therefore, my questions are: - what do you think about the liabilities of this Company? - in your opinion which is the fair value of this Company? Thank you M.
Little improvement in net debt down € -186 million from 30 June 2018 and unchanged from year-end 2017 Full Year Results 2018; € 210 million underlying EBIT on higher sales - Consolidated sales of € 4.3 billion (+5.1%) and combined sales of € 5.1 billion (+5.5%) - Underlying gross profit of € 585 million (13.6% margin) compared with € 704 million (17.2% margin) in 2017 - Underlying EBIT of € 210 million (4.9% margin) compared with € 301 million (7.3% margin) - EBIT of € 147 million (3.4% margin) compared with € 318 million (7.8% margin) - Underlying EBITDA of € 426 million (9.9% margin) compared with € 497 million (12.1% margin) - Underlying ROCE of 8.0% compared with 11.2% - € 198 million capital expenditure (PP&E) versus € 273 million in 2017 - Net debt of € 1 153 million. Net debt on underlying EBITDA was 2.7, higher than last year (2.3). - Result for the period attributable to equity holders of Bekaert: € 40 million, down from € 185 million in 2017 - EPS (earnings per share): € 0.70 compared with € 3.26
Bekaert announces restructuring plans Belgium https://uk.finance.yahoo.com/news/bekaert-announces-restructuring-plans-belgium-071100998.html
