| Valuation method | Value, € | Upside, % |
|---|---|---|
| Artificial intelligence (AI) | 29.94 | 86 |
| Intrinsic value (DCF) | 2.89 | -82 |
| Graham-Dodd Method | 0.20 | -99 |
| Graham Formula | 0.21 | -99 |
Basler AG (BSL.DE) is a leading German manufacturer of high-performance digital cameras and vision components, catering to professional users across industries such as factory automation, medical and life sciences, retail, and transportation. Founded in 1988 and headquartered in Ahrensburg, Germany, Basler specializes in area scan, line scan, and 3D cameras, along with embedded vision kits, lenses, lighting, and frame grabbers. The company's products are integral in applications ranging from industrial automation to security surveillance and logistics. As a subsidiary of Norbert Basler Holding GmbH, Basler AG operates globally, leveraging its expertise in imaging technology to serve diverse markets. With a strong focus on innovation, Basler continues to expand its portfolio, including accessories like visualapplets and I/O boards, reinforcing its position in the competitive consumer electronics and industrial imaging sector.
Basler AG presents a high-risk, high-reward investment opportunity due to its niche focus on industrial and professional imaging solutions. The company's negative net income (-€13.77M) and diluted EPS (-€0.45) in the latest fiscal year raise concerns, though its operating cash flow (€14.64M) suggests underlying operational efficiency. With a market cap of €278.53M and a high beta (2.176), Basler is highly sensitive to market volatility. The lack of dividends may deter income-focused investors, but growth-oriented investors might find value in its specialized technology and global market presence. The company's debt (€72.08M) relative to cash reserves (€21.32M) warrants caution, but its innovation-driven approach in industrial imaging could position it for recovery if market demand strengthens.
Basler AG competes in the industrial and professional imaging market, where it differentiates itself through high-quality digital cameras and embedded vision solutions. Its competitive advantage lies in its diversified product portfolio, including specialized 3D cameras and medical imaging components, which cater to niche applications. However, the company faces stiff competition from larger players with broader R&D budgets and global distribution networks. Basler's reliance on industrial automation and medical sectors exposes it to cyclical demand fluctuations. Its recent financial struggles highlight challenges in scaling profitability, though its technological expertise and strong brand recognition in Europe provide a foundation for recovery. The company's ability to innovate in embedded vision and AI-driven imaging could be critical in maintaining its market position against both established competitors and emerging startups.