Download PDF

1. Company Snapshot

1.a. Company Description

MBB SE, together with its subsidiaries, engages in the acquisition and management of medium-sized industrial companies primarily in the technology and engineering sectors in Germany and internationally.It operates through Technological Applications, Consumer Goods, and Service & Infrastructure segments.The Technological Applications segment manufactures specialty machinery and automated production lines with a focus on e-mobility for automotive manufacturers; and develops and manufactures ecological materials and system solutions primarily based on hardwood for automotive and rail sectors.


This segment also provides polyurethane and epoxy resin-based materials for tooling applications for supplies dealers, model makers, car manufacturers, foundries, and other companies in various industries.The Consumer Goods segment produces and sells tissue mother rolls, napkins, handkerchiefs, toilet paper, and kitchen rolls under the aha brand name, as well as white and colored tissue paper for various private labels; and manufactures mattresses and other flexible polyether foam products.The Service & Infrastructure segment provides IT security and cloud services; and operates in the field of pipeline and plant engineering for gas, power grids, and hydrogen applications.


MBB SE was founded in 1995 and is headquartered in Berlin, Germany.

Show Full description

1.b. Last Insights on MBB

MBB SE's recent performance was driven by strong earnings, with the company achieving a record revenue of over €1 billion in 2024, marking a significant milestone. The impressive 86% growth in EBITA, reaching €149 million, is a substantial increase from the previous year. Additionally, the company's net income of €37.7 million exceeded expectations, further contributing to its strong performance. The company's ability to navigate economic uncertainties, including potential trade wars, and maintain a forecasted EBITA margin of 11-14% in 2025, also supports its positive performance.

1.c. Company Highlights

2. Transcript Summary

Unfortunately this company is not part of our coverage yet. But as part of your subscription plan you can request it by clicking just below and we'll process.

Request Coverage

3. NewsRoom

Card image cap

Should You Investigate MBB SE (ETR:MBB) At €177?

Oct -08

Source:

Card image cap

Undiscovered Gems in Europe for September 2025

Sep -24

Source:

Card image cap

Is MBB SE's (ETR:MBB) Recent Performance Tethered To Its Attractive Financial Prospects?

Sep -07

Source:

Card image cap

Caisse Régionale de Crédit Agricole Mutuel Nord de France Société coopérative And 2 Other Promising Small Caps in Europe

Jul -30

Source:

Card image cap

Three Undiscovered European Gems with Strong Fundamentals

Jul -01

Source:

Card image cap

MBB SE (ETR:MBB) Shares Could Be 27% Below Their Intrinsic Value Estimate

Jun -30

Source:

Card image cap

Why You Might Be Interested In MBB SE (ETR:MBB) For Its Upcoming Dividend

Jun -14

Source:

Card image cap

We Think MBB's (ETR:MBB) Profit Is Only A Baseline For What They Can Achieve

May -21

Source:

4. Business Breakdown

4.a. Revenues by Country

4.b. Revenues by Segment

5. Expected revenues mid-term growth (7.68%)

6. Segments

Service & Infrastructure

Expected Growth: 7%

MBB SE's Service & Infrastructure segment growth of 7% is driven by increasing demand for digital transformation, cloud adoption, and cybersecurity services. Additionally, investments in 5G network infrastructure, IoT, and smart city projects contribute to the growth. Furthermore, the segment benefits from the rising need for efficient network management, data analytics, and IT consulting services.

Technological Applications

Expected Growth: 9%

MBB SE's 9% growth in Technological Applications is driven by increasing demand for digitalization in industries, adoption of IoT and AI technologies, and growing need for cybersecurity solutions. Additionally, the company's strategic partnerships, investments in R&D, and expansion into emerging markets are contributing to its rapid growth.

Consumer Goods

Expected Growth: 6%

MBB SE's 6% growth in Consumer Goods is driven by increasing demand for premium products, expansion into emerging markets, and strategic acquisitions. Additionally, the company's focus on innovation, digitalization, and sustainability initiatives has enhanced its brand reputation and customer loyalty, contributing to top-line growth.

7. Detailed Products

Mobile Postpaid

A mobile phone service that offers a fixed monthly fee for a set amount of data, voice minutes, and SMS.

Mobile Prepaid

A mobile phone service that allows users to pay in advance for a set amount of data, voice minutes, and SMS.

Fixed Line

A home phone service that provides a fixed-line connection for voice calls and internet access.

Fibre Broadband

A high-speed internet service that uses fibre-optic cables to provide fast and reliable connectivity.

Digital Services

A range of digital services, including cybersecurity, data analytics, and cloud services.

ICT Solutions

A range of information and communication technology solutions, including network infrastructure, IT consulting, and managed services.

8. MBB SE's Porter Forces

Forces Ranking

Threat Of Substitutes

The threat of substitutes for MBB SE is moderate, as there are alternative modes of transportation available, but they are not always convenient or cost-effective.

Bargaining Power Of Customers

The bargaining power of customers is low, as MBB SE operates in a niche market with limited competition, giving customers limited alternatives.

Bargaining Power Of Suppliers

The bargaining power of suppliers is moderate, as MBB SE relies on a few key suppliers for critical components, but has some flexibility to negotiate prices.

Threat Of New Entrants

The threat of new entrants is low, as entering the market would require significant investment in infrastructure and technology, and MBB SE has a strong brand presence.

Intensity Of Rivalry

The intensity of rivalry is high, as MBB SE operates in a competitive market with several established players, and must continually innovate to maintain market share.

9. SWOT Analysis

Strength

Weaknesses

Opportunities

Threats

10. Capital Structure

10.a. Balance Sheet

10.b. Weighted Average Cost of capital

Value
Debt Weight 9.36%
Debt Cost 10.09%
Equity Weight 90.64%
Equity Cost 11.53%
WACC 11.39%
Leverage 10.33%

11. Quality Control: MBB SE passed 8 out of 9 key points

12.a Historical Valuation

12.b Price/Earnings Ratio

12.c Margin Valuation

12.d Peers Valuation

Peers Group Analysis

Stock-Card
Mercedes-Benz

A-Score: 6.4/10

Value: 7.3

Growth: 8.8

Quality: 5.4

Yield: 3.1

Momentum: 9.5

Volatility: 4.3

1-Year Total Return ->

View Full Report
Stock-Card
Schouw

A-Score: 6.3/10

Value: 8.0

Growth: 7.1

Quality: 4.7

Yield: 5.0

Momentum: 5.0

Volatility: 8.0

1-Year Total Return ->

View Full Report
Stock-Card
GPI

A-Score: 6.1/10

Value: 4.8

Growth: 6.8

Quality: 3.1

Yield: 7.5

Momentum: 9.0

Volatility: 5.7

1-Year Total Return ->

View Full Report
Stock-Card
Boryszew

A-Score: 5.1/10

Value: 7.2

Growth: 3.0

Quality: 2.5

Yield: 8.1

Momentum: 7.5

Volatility: 2.0

1-Year Total Return ->

View Full Report
Stock-Card
Wilmington

A-Score: 4.1/10

Value: 3.6

Growth: 2.8

Quality: 7.2

Yield: 5.6

Momentum: 1.0

Volatility: 4.7

1-Year Total Return ->

View Full Report
Stock-Card
Bergman & Beving

A-Score: 4.1/10

Value: 4.8

Growth: 3.3

Quality: 3.8

Yield: 2.5

Momentum: 5.0

Volatility: 5.0

1-Year Total Return ->

View Full Report

Peers Metrics

12.e Scoring Insights

12.f DCF BETA

Parameters

Short Term Growth

Short term Time

Long-Term Growth

WACC

Target Price

189.0$

Current Price

189$

Potential

-0.00%

Expected Cash-Flows