Added to YB: 2025-06-23
Pitch date: 2025-06-19
BEKB.BR [bullish]
NV Bekaert SA
+4.16%
current return
Author Info
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Company Info
NV Bekaert SA provides steel wire transformation and coating technologies worldwide. The company operates through four segments: Rubber Reinforcement, Steel Wire Solutions, Specialty Businesses, and Bridon-Bekaert Ropes Group.
Market Cap
EUR 1.7B
Pitch Price
EUR 33.65
Price Target
N/A
Dividend
5.60%
Sector
Metals and Mining
Category
turnaround
Portfolio Spotlight: Bekaert
BEKB.BR: Revamped European industrial at 7.2x P/E with 5.7% dividend + 5.5% buyback yield. Maintained 8.8% EBIT margin despite -8.6% revenue. New mgmt since 2019 focused on ROCE & FCF. €4B revenue, €348M EBIT, 0.54x leverage. Upside: organic growth, accretive M&A, multiple expansion.
Read full article (7 min)