Added to YB: 2026-07-22
Pitch date: 2026-07-18
XK4.DE [bullish]
Gabler Group AG
-0.5%
current return
Author Info
No bio for this author
Company Info
Gabler Group AG designs, develops, and manufactures hoistable masts and components for submarines. It offers subsystems for submarines, such as electrical rotary drives for horizontal rotating radar antennas, shore and charging connections for the external power supply via outside sources, and rudder and plane drive systems.
Market Cap
EUR 243.2M
Pitch Price
EUR 40.20
Price Target
80.80 (+102%)
Dividend
N/A
EV/EBITDA
14.16
P/E
29.76
EV/Sales
3.37
Sector
Aerospace and Defense
Category
growth
Gabler Group: Germany's Hidden Subsea Defense Champion with 100%+ Upside Potential
XK4.DE: German subsea defense pure-play post-Mar 2026 IPO (Possehl 50.1%). ~€240m cap, €37.9m net cash, 10x EV/EBITDA vs 35-47x German defense peers. FY25 rev €62m (+34% organic), €359m backlog (5x rev), 28%+ adj EBIT margin. Mast replacement super-cycle. Doubling rev to €130-140m by 2030 targets €600m+ cap (>100% upside). M&A buyer/target. Risks: lumpy naval orders, delays.
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