Predictions
Pfeiffer Vacuum
Start price
Target price
Perf. (%)
€61.80
02.08.10
02.08.10
€120.00
02.02.11
02.02.11
37.06%
02.02.11
02.02.11
Revenue growth >5% per year expected
Higher EBIT margin than peer group
EBIT growth >5% per year expected
Fair valuation
SGL Carbon SE
Start price
Target price
Perf. (%)
€24.80
20.07.10
20.07.10
€27.50
20.01.11
20.01.11
18.75%
20.01.11
20.01.11
Could be worthwhile Investment >10% per year
Jungheinrich AG VZO
Start price
Target price
Perf. (%)
€6.43
23.06.10
23.06.10
€3.00
23.12.10
23.12.10
52.01%
23.12.10
23.12.10
PVA TePla AG
Start price
Target price
Perf. (%)
€5.35
19.06.10
19.06.10
€5.70
20.12.10
20.12.10
-19.38%
20.12.10
20.12.10
Some uniques
Could be worthwhile Investment >10% per year
Revenue growth >5% per year expected
Future proof or reliable business model
Heidelberger Druckmaschinen AG
Start price
Target price
Perf. (%)
€7.84
15.06.10
15.06.10
€8.50
15.12.10
15.12.10
-23.74%
15.12.10
15.12.10
Heidelberger Druckmaschinen AG
Start price
Target price
Perf. (%)
€3.51
29.09.10
29.09.10
€5.00
26.11.10
26.11.10
-0.57%
26.11.10
26.11.10
Revenue growth >5% per year expected
EBIT growth >5% per year expected
Higher EBIT margin than peer group
Fair valuation
MTU Aero Engines AG
Start price
Target price
Perf. (%)
€50.01
15.06.10
15.06.10
€60.00
25.11.10
25.11.10
-12.05%
25.11.10
25.11.10
MTU Aero Engines AG
Start price
Target price
Perf. (%)
€49.61
11.06.10
11.06.10
€25.00
23.11.10
23.11.10
-13.32%
23.11.10
23.11.10
Jungheinrich AG VZO
Start price
Target price
Perf. (%)
€9.37
15.11.10
15.11.10
€10.30
22.11.10
22.11.10
0.28%
22.11.10
22.11.10