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Ringmetall (HP3)

Business description

Ringmetall manufactures specialist industrial packaging solutions. Its core products are drum closing systems for the chemicals, pharmaceuticals and food sectors. It is also active in industrial handling where it manufactures speciality forklift components and specialist components for trucks and industrial and agricultural vehicles.

Stock data

Market cap.€118.9m
Last close€4.09
High / Low (52 weeks)€4.7 / €3.7
Stock market listingDB
Forecast net debt (m)N/A
Forecast gearing ratio (%)N/A
TeamIndustrials
SectorGeneral Industrials

Price performance

%1m3m12m
Actual(8.8)(2)2.8
Relative *(6.4)4.13.0

* % Relative to local index

Other companies in sector Show

Company news

Is Ringmetall AG's (FRA:HP3) PE Ratio A Signal To Sell For Investors?

Fri, 27 Apr 2018 16:51:56 GMT

BRIEF- Ringmetall acquires Self Industries Inc

Mon, 14 Dec 2015 10:57:18 GMT

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Mon, 19 Mar 2018 10:07:30 GMT

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Fri, 09 Mar 2018 05:48:45 GMT

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Investment summary

Ringmetall continues to experience healthy organic growth and develop its operations through strategic acquisitions. Management has provided guidance for FY18 that may be considered slightly muted due to one-off, largely administrative costs but also targets M&A which add revenues of between €5m and €40m. Management has set an ambitious medium-term goal. It hopes to reach €200m of revenues generating EBITDA margins in excess of 15% by 2021. Achieving this successfully would more than justify the current rating.

Last updated on 05/06/2018

Key management

Ingo Middelmenne, Investor Relations

Company address

Mannhardtstrasse 6 (4. OG)
Munich
80538
Germany
+49-89-45220980
View website