FUNDAMENTAL ANALYSIS
Current liabilities increased 47% up to €3.4bn in 2022 from €2.3bn in 2021. Non-current liabilities decreased 37%.
Debt to Equity ratio (2022) = 4.42x
Debt to Equity ratio (2021) = 2.87x
Losses YoY increased 133% to €522 million. EBITDA turned negative in 2022 to -€244 million from €52,672 million in 2021.
Almost all Guidance provided in...
RECAP: Back in May 25, 2022, Nordex issued a profit warning and its stock was down -17.05%. The new estimates where:
FY2022 PROFIT WARNING ESTIMATES FROM MAY 2022 (Source: Nordex's IR website section):
– FY2022 Consolidated sales: EUR 5.2 to 5.7 billion
– FY2022 EBITDA-margin: minus 4 to 0 percent, including all one-off effects
- Capital expenditure: EUR 180...
This is a "green" energy company XETR:NDX1 that is supposed to pop soon with the coming green political party movement in Germany. The TA tells me that it will plummet before it climbs or pops. Can someone give me their take on this? Seems to me that I have to short it before I can go long on this and that might take months/years to do.
Does anyone see this as...
BUY!
ENTRY: 20.50 EUR
TARGET: 26.66 EUR (30% profit)
STOP: 17.00 EUR
Nordex is a Germany-based holding company that develops, produces and sells wind power parks worldwide.
The company offers the Nordex N90 / 2500, N100 / 2500 and N117 / 2400 wind turbines under the Nordex brand.
1.) Nordex receives another major order from Brazil
2.) There is too much...
The negative short term outlook was recently confirmed by GSG with target price: 5.00 EUR. Target price supported by fundamentals i.e. decreasing sales, margins etc. In addition, Nordex is undergoing a reorganisation which will cause additional costs (drop of 10% FTE) etc. Uncertainty about the subsidizing of renewable energies will put a lot of pressure on Nordex...
