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Added to YB: 2025-12-10

Pitch date: 2025-12-08

BFSA.DE [bullish]

Befesa S.A.

+3.74%

current return

Author Info

No bio for this author

Company Info

Befesa S.A. offers environmental recycling services to the steel and aluminum industries in the European, Asian, and North American markets.

Market Cap

EUR 1.1B

Pitch Price

EUR 27.82

Price Target

N/A

Dividend

2.30%

EV/EBITDA

7.60

P/E

12.77

EV/Sales

1.43

Sector

Commercial Services and Supplies

Category

growth

Show full summary:
BEFESA: how does it profits from solving some of the world's toughest industrial waste problem

BFSA.DE: Leading global steel dust recycler with 1.9M tonnes capacity & European salt slag leader. Strong moat from permitting barriers (3-5yr approval), proximity to mills, sticky long-term contracts. €240-265M 2025 EBITDA guidance (+20-25M from zinc hedging). Growth from Palmerton expansion, Bernburg project. Risk: commodity price exposure despite hedging.

Read full article (8 min)