| Valuation method | Value, € | Upside, % |
|---|---|---|
| Artificial intelligence (AI) | n/a | n/a |
| Intrinsic value (DCF) | n/a | |
| Graham-Dodd Method | 89.47 | 1 |
| Graham Formula | 30.73 | -65 |
BAVARIA Industries Group AG is a German industrial holding company specializing in investments within the manufacturing and industrial service sectors. Headquartered in Munich, the company operates through segments including civil engineering and rails, business services, automotive serial production, and plant engineering and construction. As a subsidiary of AS Beteiligungen und Vermögensverwaltungs GmbH, BAVARIA Industries Group AG leverages its diversified industrial portfolio to drive long-term value creation. With a market capitalization of approximately €415.8 million, the company plays a strategic role in Germany's industrial landscape, focusing on operational efficiency and sustainable growth. Its low beta (0.28) suggests relative stability compared to broader market movements, making it an intriguing option for investors seeking exposure to Germany's industrial sector with mitigated volatility.
BAVARIA Industries Group AG presents a mixed investment case. On the positive side, the company reported solid net income of €19.5 million in FY 2023, with diluted EPS of €4.17, reflecting profitability in its industrial holdings. Its strong cash position (€73.4 million) and manageable total debt (€10.4 million) suggest financial stability. However, negative operating cash flow (-€25.1 million) raises liquidity concerns, and the lack of dividends may deter income-focused investors. The company's low beta indicates defensive characteristics, but its niche focus on German industrial assets limits diversification. Investors should weigh its stable industrial holdings against potential sector-specific risks in Germany's manufacturing landscape.
BAVARIA Industries Group AG operates in a specialized niche as an industrial holding company with a focus on German manufacturing and service sectors. Its competitive advantage lies in its hands-on management approach and deep regional expertise, allowing it to identify undervalued industrial assets and improve their operational performance. The company's diversified holdings across civil engineering, automotive production, and plant engineering provide some insulation against sector-specific downturns. However, its relatively small scale (€111.3 million revenue) limits its ability to compete with larger industrial conglomerates or private equity firms in bidding for premium assets. Its subsidiary structure under AS Beteiligungen provides stability but may limit strategic flexibility. The company's true competition comes from both other holding companies and direct industrial players in its operating segments. Its conservative financial approach (evidenced by low debt) provides stability but may constrain aggressive growth opportunities compared to more leveraged competitors.