Stock data
| Market cap. | €400.6m |
| Last close | €88.50 |
| High / Low (52 weeks) | €90.5 / €32.3 |
| Stock market listing | DE |
| Forecast net debt (€m) | 54.5 |
| Forecast gearing ratio (%) | 175 |
| Team | Industrials |
| Sector | General Industrials |
Price performance
| % | 1m | 3m | 12m |
|---|---|---|---|
| Actual | 39.5 | 35.3 | 172.3 |
| Relative * | 34.7 | 36.8 | 129.8 |
* % Relative to local index
Other companies in sector Show
Company news
Artega Scalo Superelletra by Touring makes Geneva debutSat, 04 Mar 2017 00:08:30 GMT |
Quant Scores & Investor Update on Paragon AG (XTRA:PGN)Mon, 25 Sep 2017 21:45:00 GMT |
Paragon AG (PGN.DE) Money Flow Index Nearing Key LevelMon, 25 Sep 2017 23:15:00 GMT |
DGAP-News: paragon AG: paragon AG takes over SphereDesign GmbHMon, 23 Feb 2015 15:11:15 GMT |
What is the Magic Formula Saying About Paragon AG (XTRA:PGN)?Mon, 25 Sep 2017 21:42:06 GMT |
Investment summary
Following a visit to paragon’s expanded Delbrück facility and the successful €50m bond issue, in August we revisited and upwardly revised our medium-term growth and margin outlook for the group. With 2016 results having met forecasts despite some timing headwinds and future years underpinned by substantial contract wins across the electromobility division, we believe paragon is on the cusp of further accelerated growth. With proceeds from both the October 2016 capital increase and June 2017 bond issue being invested to support this accelerated growth, our fair value is €82.1/share based on our updated DCF scenarios.
Last updated on 06/09/2017
| Y/E Dec | Revenue (€m) | EBITDA (€m) | PBT (€m) | EPS (fd) (c) | P/E (x) | P/CF (x) |
|---|---|---|---|---|---|---|
| 2015A | 95.0 | 14.1 | 5.0 | 82.7 | 107.0 | 22.1 |
| 2016A | 102.8 | 16.1 | 5.8 | 84.4 | 104.9 | 18.5 |
| 2017E | 123.8 | 19.4 | 7.8 | 116.0 | 76.3 | 27.7 |
| 2018E | 155.7 | 25.6 | 13.1 | 194.5 | 45.5 | 19.3 |
Last updated on 30/08/2017
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Latest video
Industry outlook
paragon has continued to develop its electromobility exposure through a series of agreements with customers in several end-markets. This approach of partnering with leading players in each subsector, where demand already exists and substitution is taking place, is significant as it de-risks adoption and provides readymade markets for paragon’s technology. In parallel to the rapid growth in electromobility, the group continues to expand the core automotive markets where it remains a leader based upon innovation in support of global mega trends.
Last updated on 06/09/2017