Added to YB: 2026-02-24
Pitch date: 2026-02-21
NOEJ.F [bullish]
NORMA Group SE
+0.27%
current return
Author Info
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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 15.08
Price Target
20.00 (+32%)
Dividend
N/A
EV/EBITDA
11.30
P/E
-8.29
EV/Sales
0.67
Sector
Machinery
Category
special_situation
Show full summary:
Norma AG : Short’n’Sweet
NOEJ.F: Sold Water div for €650M; €260M (~54% of mcap) returning to shareholders via 10% buyback (Feb/Mar start) + tender offer (post-May 21 AGM, results mid-July). EV only €150M post-sale. Asymmetric bet on capital return vs valuation, not turnaround.
Read full article (4 min)