Added to YB: 2025-10-22
Pitch date: 2025-09-03
AZE.BR [bullish]
Azelis Group NV
-27.65%
current return
Author Info
No bio for this author
Company Info
Azelis Group NV engages in the distribution of specialty chemicals and food ingredients. The company provides specialty chemical products used in the life sciences, such as personal care, home care, industrial cleaning, pharmaceuticals, healthcare, food and nutrition, animal nutrition, agricultural environmental, flavours and fragrances, and nutraceuticals solutions; and industrial chemicals industry, including CASE, advanced materials and additives, lubricants, metalworking fluids, electronics, essential and fine chemicals, textiles, leather, and paper markets.
Market Cap
EUR 1.8B
Pitch Price
EUR 12.35
Price Target
25.00 (+180%)
Dividend
3.03%
EV/EBITDA
7.86
P/E
16.32
EV/Sales
0.84
Sector
Trading Companies and Distributors
Category
value
Azelis Group NV - $AZE.BR
AZE.BR: #2 global specialty chemical distributor trading at 13x FCF after 3-year downcycle from Covid destocking. 9% organic EBITDA CAGR 2019-2025 despite headwinds. Strong M&A track record (50+ deals since IPO). Network effects, sticky relationships, long consolidation runway. 20x FCF multiple = high teens-20s IRR over 2-3 years on normalization.
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