Added to YB: 2024-09-27
Pitch date: 2024-09-26
MUX.DE [bearish]
Mutares SE & Co. KGaA
-31.16%
current return
Author Info
No bio for this author
Company Info
Mutares SE & Co. KGaA is a private equity firm specializing in investments in secondary direct, special situations, bridge financing, recapitalization, distressed/vulture, management succession, reorganization, carve-outs, turnarounds, spin-offs and re-funding.
Market Cap
EUR 627.6M
Pitch Price
EUR 18.99
Price Target
N/A
Dividend
8.16%
EV/EBITDA
-7.84
P/E
-2.77
EV/Sales
0.23
Sector
Capital Markets
Category
N/A
Mutares SE & Co. KGaA – Research Report
MUX.DE short: Mutares reminds of Aurelius (-78% since 2017). High negative goodwill income, earnings not converting to cash, 50% suspect portfolio outcomes. H1 2024 cash discrepancy. Receivables growth > cumulative net income. Rising debt (€385M YTD). Questionable cash flow sustainability. Potential Ponzi scheme?
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