● The group usually releases upbeat results with huge surprise rates.
● The company is one of the most undervalued, with an "enterprise value to sales" ratio at 0.52 for the 2019 fiscal year.
Weaknesses
● Stock prices approach a strong long-term resistance in weekly data at EUR 32.88.
● Technically, the stock approaches a strong medium-term resistance at EUR 33.11.
● The company sustains low margins.
● Revenue estimates are regularly revised downwards for the current and coming years.
● For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period.
● Analysts covering the stock have recently lowered their earnings forecast.
● For the last twelve months, the analysts covering the company have given a bearish overview of EPS estimates, resulting in frequent downward revisions.
● For the past year, analysts have significantly revised downwards their profit estimates.
● The appreciation potential seems limited due to the average target prices set by the analysts covering the stock.