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.
3U Holding AG is a diversified German investment holding company that acquires, operates, and sells businesses across key megatrends including information and telecommunications technology (ICT), renewable energies (RE), and heating, ventilation, and air conditioning (HVAC). Founded in 1997 and publicly listed since 1999, it provides comprehensive support in personnel, legal, financial, and strategic areas to its subsidiaries, enabling them to focus on core operations. In the ICT segment, 3U Holding AG offers VoIP services, fiber-optic installations, data centers, managed services, cloud solutions, and software licensing for document security. The renewable energies division develops wind power projects, operates wind farms and solar parks generating 55 gigawatt hours annually, and holds Bitcoin assets to bridge traditional and digital value preservation. Through its online platform Selfio, the HVAC segment supplies sanitary, heating, ventilation, water management systems, and air conditioning products to wholesalers, tradespeople, and DIY customers. Headquartered in Marburg with 12 locations and around 234 employees, 3U Holding AG generated €56 million in sales in 2024, primarily in Germany, underscoring its role in driving digitalization, sustainability, and e-commerce innovation.
The business is unprofitable at the operating level (-7.33% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue growth slowed to 1.8%, essentially flat. Margins also contracted 10.3pp. This is a business that needs a catalyst.
ROIC dropped from 0.82% to -3.76%, capital efficiency is deteriorating. Negative free cash flow of -€20M. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (FY)
€56M
▲ +1.8% YoY
Net Income (FY)
€844K
▼ -72.8% YoY
Op. Margin
-7.33%
▼ -10.3pp YoY
ROIC
-3.76%
▼ -4.6pp YoY
Cash Flow & Balance Sheet
FCF (FY)
-€20M
▼ -1992.9% YoY
Op. Cash Flow (FY)
€2M
▲ +2502.9% YoY
Net Debt
-€20M
Net Cash Position
Cash & Equiv.
€43M
3Y CAGR: -3.7%
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