Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Aalberts N.V. is a Dutch multinational engineering company specializing in mission-critical technologies for groundbreaking industries and everyday applications. Founded in 1975 by Jan Aalberts as Mifa Aluminium B.V. in Amsterdam, it began with aluminum precision extrusion and went public in 1987 on the Amsterdam Euronext, evolving into a global leader headquartered in Utrecht, Netherlands. The company operates across over 50 countries with more than 14,000 employees, focusing on four key technology clusters: hydronic flow control, integrated piping systems, advanced mechatronics, and surface technologies. These serve end markets including eco-friendly buildings, semiconductor efficiency, sustainable transportation, and industrial niches. Aalberts drives growth through strategic acquisitions like Paulo in 2025 and divestments for portfolio optimization, while emphasizing innovation (19% rate in 2024), sustainability (71% SDG alignment), and operational excellence targeting EUR 30 million annual benefits. Its pragmatic culture, 'The Aalberts Way'—winning with people—fosters entrepreneurial spirit and lean structures to deliver precision solutions in sectors like aerospace, data centers, and energy efficiency.
Operating margin is thin at 8.83%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue declined 1.8% YoY. The question is whether this is cyclical or a structural shift.
Free cash flow declined 11% versus the prior year, cash generation momentum has weakened. Net debt of €979M represents 6.5x FCF, leverage limits flexibility.
Profitability & Returns
Revenue (TTM)
€3.09B
▼ -1.8% YoY
Net Income (TTM)
€150M
▼ -20.1% YoY
Op. Margin
8.83%
▼ -0.1pp YoY
ROIC
5.66%
▼ -0.5pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€151M
▼ -11.1% YoY
Op. Cash Flow (TTM)
€353M
▲ +8.6% YoY
Net Debt
€979M
Cash & Equiv.
€122M
3Y CAGR: -1.5%
3Y CAGR: +49.3%
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