Scherzer & Co (PZS)

Business description

Scherzer & Co (PZS) invests its funds mainly in domestic equities. PZS looks for companies that are unknown or unloved, and special situations. The focus is on special situations, where the downside is perceived to be limited. In addition, it acquires value stocks, mainly below book value. These stocks need to demonstrate strong business models.

Stock data

Market cap.€78.9m
Last close€2.64
High / Low (52 weeks)€2.7 / €1.9
Stock market listingDB
Forecast net debt (m)N/A
Forecast gearing ratio (%)N/A
TeamFinancials
SectorFinancials

Price performance

%1m3m12m
Actual0.881.85533.131
Relative *(2.446)(2.364)9.104

* % Relative to local index

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Company news

Scherzer & Co. AG (PZS) Is Yet to See Trading Action on Sep 22

Fri, 22 Sep 2017 15:45:00 GMT

Scherzer & Co: Upward NAV Trend Continues

Wed, 13 Sep 2017 14:26:15 GMT

Nationals' Max Scherzer on 10-day DL with neck inflammation

Sat, 19 Aug 2017 01:54:03 GMT

Nationals activate ace Max Scherzer, OF Jayson Werth from DL

Mon, 28 Aug 2017 21:33:06 GMT

Max Scherzer third-fastest pitcher to reach 2000 career K's

Sun, 11 Jun 2017 21:57:58 GMT

Latest research

AKTUELLE VERÖFFENTLICHUNGEN

Scherzer & Co

Positiver NAV-Trend setzt sich fort

13/09/2017
Scherzer & Co

Investition in Sondersituationen

11/04/2017

Investment summary

Scherzer & Co (PZS) was able to leverage the favourable market conditions in H117, generating an EPS of €0.15 (vs €0.04/share loss in H116) and growing NAV by 13.5% to €2.55/share as at end-June. Realised capital gains, higher dividend income and a lower negative balance of value adjustments contributed to the solid result. Although there were no major favourable extra compensatory claim (ECS) rulings in H117, the company maintained an extensive ECS portfolio, which now amounts to €89m or €2.97 per share, providing potential future earnings upside. PZS’s NAV stands at €2.64 as at end-August, in line with its current share price.

Last updated on 13/09/2017

Key management

Mark Kahlenberg, Investment Manager
Georg Issels, Board member

Company address

Friesenstraße 50
Köln
50 670
Germany
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