Added to YB: 2025-12-22
Pitch date: 2025-12-18
CIE.MC [bullish]
CIE Automotive, S.A.
-0.51%
current return
Author Info
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Company Info
CIE Automotive, S.A., together with its subsidiaries, designs, manufactures, and sells automotive components and sub-assemblies.
Market Cap
EUR 3.4B
Pitch Price
EUR 29.60
Price Target
N/A
Dividend
3.30%
EV/EBITDA
5.96
P/E
10.28
EV/Sales
1.12
Sector
Automobile Components
Category
growth
CIE Automotive (CIE Spain): disciplined M&A returns with a high-margin bolt-on
CIE.MC (update): Acquiring Aludec for €200M EV - decorative auto components w/ 25% EBITDA margins vs CIE's lower group margins. €160M 2025 revenue, conservative multiple given quality. Strategic fit: niche benefits from OEM differentiation, growth above auto production. European focus allows CIE to leverage global footprint for internationalization. Pro forma 1x EBITDA leverage maintains financial flexibility. Reinforces compounder thesis w/ margin-enhancing bolt-on M&A strategy.
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