SYMRISE AG ● The group's high margin levels account for strong profits.
● There is high visibility into the group's activities for the coming years. Outlooks on future revenues from analysts covering the equity remain similar. Such hardly dispersed estimates support highly predictable sales for the current and upcoming fiscal years.
● The stock is in a well-established, long-term rising trend above the technical support level at 70.9 EUR
Weaknesses
● The share is close to its long-term resistance in weekly data. Therefore, the potential should be limited. However, a further bullish movement when crossing this resistance will be a positive signal.
● The stock is close to a major daily resistance at EUR 78.8, which should be gotten rid of so as to gain new appreciation potential.
● The group usually releases earnings worse than estimated.
● With an enterprise value anticipated at 3.66 times the sales for the current fiscal year, the company turns out to be overvalued.
● The company's valuation in terms of earnings multiples is rather high. Indeed, the firm is getting paid 35.44 times its estimated earnings per share for the ongoing year.
● The three month average target prices set by analysts do not offer high potential in comparison with the current prices.
