| Valuation method | Value, € | Upside, % |
|---|---|---|
| Artificial intelligence (AI) | 21.68 | 174 |
| Intrinsic value (DCF) | 2.75 | -65 |
| Graham-Dodd Method | 21.51 | 172 |
| Graham Formula | 1.13 | -86 |
AKWEL (formerly MGI Coutier SA) is a leading French automotive parts manufacturer specializing in the design, development, production, and sale of tooling equipment and components for automotive and truck manufacturers globally. Founded in 1972 and headquartered in Champfromier, France, AKWEL operates as a subsidiary of COUTIER DEVELOPPEMENT. The company serves a broad international market, providing critical components that enhance vehicle performance and efficiency. AKWEL operates in the Auto - Parts industry, a key segment of the Consumer Cyclical sector, catering to major automotive OEMs. With a market capitalization of approximately €190.8 million, AKWEL maintains a strong presence in Europe and beyond, leveraging its engineering expertise and manufacturing capabilities to meet evolving industry demands, including trends toward electrification and lightweighting in automotive design.
AKWEL presents a mixed investment profile. On the positive side, the company maintains a solid balance sheet with €151.5 million in cash and equivalents and manageable total debt of €46.5 million, indicating financial stability. The company generated €98.9 million in revenue and €24.2 million in net income, with a diluted EPS of €0.91, reflecting profitability. However, its beta of 1.208 suggests higher volatility compared to the broader market, which may deter risk-averse investors. The dividend yield, based on a €0.30 per share payout, is modest. AKWEL’s exposure to the cyclical automotive industry poses risks during economic downturns, but its specialization in critical components and international diversification could provide resilience. Investors should weigh these factors against broader industry trends, including the shift toward electric vehicles and supply chain dynamics.
AKWEL competes in the highly fragmented and competitive automotive parts industry, where scale, technological innovation, and cost efficiency are critical. The company’s competitive advantage lies in its specialized engineering capabilities and long-standing relationships with automotive OEMs, particularly in Europe. AKWEL’s focus on tooling and precision components allows it to cater to niche segments within the supply chain, differentiating it from larger, more diversified competitors. However, the company faces intense competition from global suppliers with greater resources for R&D and economies of scale. AKWEL’s relatively small market cap (€190.8 million) limits its ability to compete on pricing or large-scale contracts compared to industry giants. Its reliance on the traditional automotive sector, rather than emerging EV-focused suppliers, could be a long-term risk as the industry transitions. Nevertheless, AKWEL’s strong cash position and low leverage provide flexibility to adapt to market shifts, potentially through targeted acquisitions or partnerships in electrification or lightweight materials.