| Valuation method | Value, € | Upside, % |
|---|---|---|
| Artificial intelligence (AI) | 240.22 | 728 |
| Intrinsic value (DCF) | 11.24 | -61 |
| Graham-Dodd Method | 9.03 | -69 |
| Graham Formula | n/a |
Westag AG (WUG.DE) is a leading German manufacturer specializing in high-quality wood-based products for interior finishing and building construction. The company produces a diverse range of products, including doors, frames, kitchen worktops, window sills, high-pressure laminate panels, solid surface materials, and coated plywood panels. Operating in the Consumer Cyclical sector under the Furnishings, Fixtures & Appliances industry, Westag AG serves both domestic and international markets. With a strong focus on craftsmanship and sustainability, the company caters to residential and commercial construction needs, emphasizing durability and aesthetic appeal. Westag AG's commitment to innovation and quality has positioned it as a trusted supplier in the European building materials market. The company's financial stability, reflected in its positive net income and strong cash position, underscores its resilience in a competitive industry.
Westag AG presents a stable investment opportunity with its niche focus on high-quality wood-based interior products. The company's solid financials—€186.3M in revenue, €4.1M net income, and a healthy cash position of €29.9M—demonstrate operational efficiency. With no debt and a dividend yield supported by a €0.9 per share payout, Westag offers low financial risk. However, its modest market cap (~€135.8M) and lack of beta data suggest limited liquidity and unclear market correlation. The capital expenditures (-€4.3M) indicate ongoing reinvestment, but growth prospects may be constrained by the mature nature of the furnishings industry. Investors should weigh its stability against potential limited upside in a cyclical sector.
Westag AG competes in the wood-based interior products segment with a focus on premium quality and durability. Its competitive advantage lies in specialized manufacturing (e.g., high-pressure laminates, solid surfaces) and a strong German engineering reputation, appealing to high-end residential and commercial projects. Unlike mass producers, Westag’s smaller scale allows for customization, a key differentiator in bespoke interior solutions. However, its regional focus (primarily Europe) limits exposure to faster-growing emerging markets. The lack of debt is a strength, providing flexibility, but R&D spending appears modest compared to global players innovating in sustainable materials. Westag’s €29.9M cash reserve offers a buffer against raw material volatility (e.g., wood prices), though its reliance on traditional materials may lag behind competitors adopting eco-friendly alternatives. The company’s dividend policy (€0.9/share) signals stability but may limit aggressive expansion.