| Valuation method | Value, € | Upside, % |
|---|---|---|
| Artificial intelligence (AI) | 12.93 | 2 |
| Intrinsic value (DCF) | 7.51 | -41 |
| Graham-Dodd Method | 13.76 | 9 |
| Graham Formula | 4.12 | -68 |
Semperit AG Holding is a leading Austrian industrial company specializing in polymer-based products for medical and industrial applications. Listed on the Deutsche Börse (XETRA), Semperit operates through five key segments: Sempermed (medical gloves), Semperflex (hydraulic and industrial hoses), Sempertrans (conveyor belts), Semperseal (construction profiles), and Semperform (railway infrastructure products). With a market cap of approximately €283 million, the company serves diverse industries, including healthcare, manufacturing, and transportation. Semperit’s expertise in polymer technology and its vertically integrated production capabilities position it as a critical supplier in niche industrial and medical markets. The company’s focus on innovation, sustainability, and high-performance materials makes it a relevant player in the global industrial machinery sector. Headquartered in Austria, Semperit leverages its European manufacturing base to serve international markets, emphasizing quality and durability in its product offerings.
Semperit AG Holding presents a mixed investment profile. The company’s diversified product portfolio across medical and industrial segments provides resilience against sector-specific downturns. With a beta of 0.704, it exhibits lower volatility compared to the broader market, appealing to risk-averse investors. However, its modest net income of €11.5 million and diluted EPS of €0.56 indicate limited profitability, while a dividend yield of ~1.8% (based on a €0.50 dividend per share) may not attract income-focused investors. The company’s strong operating cash flow (€94.6 million) and manageable debt levels (€282.8 million) suggest financial stability, but capital expenditures (€64.6 million) indicate ongoing reinvestment needs. Investors should weigh Semperit’s niche market positioning against its moderate growth prospects and exposure to raw material price fluctuations in the polymer industry.
Semperit AG Holding competes in specialized polymer product markets, where its competitive advantage lies in its technical expertise, vertically integrated production, and strong brand reputation in Europe. The Sempermed segment benefits from demand for medical gloves, though it faces intense competition from low-cost Asian manufacturers. Semperflex’s industrial hoses and Sempertrans’ conveyor belts cater to heavy industries, where durability and customization are critical—factors that differentiate Semperit from generic suppliers. However, the company’s smaller scale compared to global giants like Continental AG limits its pricing power and R&D budget. Semperit’s focus on high-margin niche applications (e.g., escalator handrails, railway components) helps mitigate competition, but reliance on industrial cyclicality remains a risk. Its Austrian and European manufacturing base ensures quality but may lead to higher costs versus emerging-market rivals. Sustainability initiatives, such as eco-friendly materials, could enhance its positioning as industries prioritize green solutions. Overall, Semperit’s competitive strength lies in specialization, but it must innovate continuously to defend its market share against larger, diversified competitors.