Added to YB: 2025-12-30
Pitch date: 2025-11-22
NOEJ.DE [bullish]
NORMA Group SE
+12.38%
current return
Author Info
No bio for this author
Company Info
NORMA Group SE, together with its subsidiaries, manufactures and sells engineered joining technology solutions in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific.
Market Cap
EUR 443.5M
Pitch Price
EUR 12.92
Price Target
23.80 (+65%)
Dividend
N/A
EV/EBITDA
11.30
P/E
-8.29
EV/Sales
0.67
Sector
Machinery
Category
special_situation
Best Ideas Madrid 2025 - NORMA Group SE
NOEJ.DE: Water Management unit sold for $1bn, 2.5x current EV of €407m. Hidden SOTP value: Water €840m, Mobility €216m, Industry €246m vs market EV €407m. Proceeds enable debt reduction, buybacks of ~17m shares. Activist Teleios (21% stake) pushing change. Target €23.8/share, +59% upside.
Read full article (2 min)