I too have been closely following Gmm pfaudler. After years i am seeing this below 30 pe now and my guess is that this is because of pharma downturn, too many ownership transfers. It does feel that there might not be exciting growth for next few quaters but certainly seems like good opportunity to start creating position. Lot of growth triggers are there per my opinion - leadership in glasslined equipment, good growth in the mixing portfolio, higher share coming from services which is high margin and also repeatable/ less cyclical business.
Disc - Biased and tracking closely with minor position
Subscribe To Our Free Newsletter |