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SUVPF - Sartorius AG: Results And Forecast Do Not Justify The Share Price
Sartorius Ag Pfd W/O
2024-03-05 07:12:44 ET
Summary
Sartorius AG's stock is back at the same level it was traded at in June, despite a second profit warning in 2023 and a dividend cut of almost 50 percent.
The company's balance sheet deteriorated over the course of 2023.
Peak earnings achieved in 2022 are out of reach for the foreseeable future.
Nonetheless, Sartorius is currently valued at close to 30 times undiluted 2022 EPS.
That leads me to the conclusion that the stock is significantly overvalued.