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.
Gesco SE is a Germany-based investment holding company founded in 1989, specializing in the acquisition, long-term holding, and development of successful small and medium-sized enterprises (SMEs) in the industrial sector. It serves as a stable partner for entrepreneurial family-owned businesses facing succession challenges, bundling them into a dynamic group of market and technology leaders focused on value-creating business models. Gesco SE targets high-performing companies characterized by market proximity, customer orientation, innovation, employee loyalty, and efficient decision-making, primarily in areas such as resource technology, healthcare and infrastructure technology, and process technology. Notable portfolio companies include Dörrenberg Edelstahl GmbH, specializing in special steels and coatings; MAE Maschinen- und Apparatebau Götzen GmbH, manufacturer of hydraulic presses; and SVT GmbH, producer of loading equipment solutions. Listed in the Prime Standard of the German Stock Exchange since its 1998 IPO, Gesco SE provides investors access to a curated portfolio of industrial hidden champions, employing around 1,600 people and emphasizing sustainable governance and growth. Headquartered in Wuppertal, it operates with a lean holding structure that allows subsidiaries independence while offering strategic support.
Operating margin is thin at 2.69%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue declined 8.4% YoY. Margins deteriorated 3.7pp alongside, both lines moving the wrong way.
ROIC dropped from 6.50% to 2.13%, capital efficiency is deteriorating. Operating margin contracted 3.7pp YoY, cost discipline may be slipping.
Profitability & Returns
Revenue (TTM)
€486M
▼ -8.4% YoY
Net Income (TTM)
€11M
▼ -74.7% YoY
Op. Margin
4.11%
▼ -3.7pp YoY
ROIC
2.13%
▼ -4.4pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€28M
▲ +192.3% YoY
Op. Cash Flow (TTM)
€34M
▲ +65.6% YoY
Net Debt
€35M
Cash & Equiv.
€39M
3Y CAGR: +1.7%
3Y CAGR: -0.7%
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