| Valuation method | Value, € | Upside, % |
|---|---|---|
| Artificial intelligence (AI) | n/a | n/a |
| Intrinsic value (DCF) | n/a | |
| Graham-Dodd Method | 16.17 | -9 |
| Graham Formula | n/a |
AURELIUS Equity Opportunities SE & Co. KGaA is a Germany-based private equity firm specializing in acquiring and restructuring underperforming middle-market companies across Europe. Focused on corporate spin-offs, carve-outs, and succession-driven acquisitions, AURELIUS targets businesses in industrials & chemicals, IT, business services, consumer goods, and TMT sectors. The firm invests between €5-€250 million per deal, typically acquiring majority or full stakes in companies with revenues of €30-€750 million. With a unique operational approach to value creation, AURELIUS restructures portfolio companies before exiting through sales to strategic buyers or IPOs. Headquartered in Grünwald, Germany, the firm operates across key European markets including the UK, Netherlands, Spain, Italy, and Sweden. As a publicly traded private equity vehicle listed on XETRA, AURELIUS offers investors exposure to special situations investing with a proven track record in complex transactions.
AURELIUS presents an intriguing opportunity for investors seeking exposure to European special situations and turnaround investments. The firm's €2.56 billion revenue and €73.9 million net income in FY2021 demonstrate scale, while its €413.4 million cash position provides dry powder for new deals. However, the high beta of 1.74 indicates significant volatility versus broader markets, reflecting the inherent risks in turnaround investing. The 1.5 EUR dividend yield offers income appeal, but investors should weigh this against the cyclical nature of private equity returns. AURELIUS's niche focus on complex corporate divestitures provides deal flow advantages, but execution risks remain elevated in operational turnarounds. The €662.4 million debt load warrants monitoring given rising interest rates. Suitable for risk-tolerant investors with a long-term horizon.
AURELIUS occupies a unique position in European private equity by specializing exclusively in complex corporate carve-outs and operational turnarounds. Unlike traditional buyout firms focused on stable cash flow businesses, AURELIUS's competitive edge lies in its hands-on operational approach to restructuring underperforming assets. The firm's public listing provides permanent capital advantages over private PE funds constrained by investment periods. However, this structure may create misalignment with traditional PE compensation models. AURELIUS's pan-European platform with local offices in seven countries enables proprietary deal sourcing, particularly for cross-border divestitures that larger firms often overlook. The firm's typical deal size of €5-80 million positions it below mega-funds but above smaller regional players, creating a defensible middle-market niche. While AURELIUS has demonstrated capability in industrial and business services turnarounds, its broad sector focus across TMT, consumer and food & beverage may dilute specialized operational expertise compared to sector-focused competitors. The firm's public market valuation at 0.19x revenue (based on €476M market cap) suggests investors price in significant execution risk premiums compared to traditional asset managers.