Numbers
Market Cap 19.56M EUR
Sales 42.3M EUR (increase from 14M EUR in 2004)
Sales Growth QonQ 58%
EBITDA 1.5M EUR (EBIT mostly positive range 2-4M EUR)
Earnings Growth QonQ 215%
Cash 400,000 EUR
LT Debt 3.72M EUR
Assets 35M EUR
Liabilities 11.3M EUR
Shares Outstanding 3,240,000 (increase from 2,320,000)
Float 1,780,000
Major Shareholders
Deutsche Postbank Financial Services GmbH 6.72%
Lupus Alpha Asset Management GmbH 5.79%
FPS Vermögensverwaltung GmbH 1.85%
Banque Privée Edmond de Rothschild Europe SA (Luxembourg) 1.19%
MRB Vermögensverwaltung AG 1.14%
Discover Capital GmbH 0.68%
Universal-Investment GmbH 0.67%
Sample products (for more look website)
Mobile products sample
Products from the Mobile Automation Sector
Resume:
Value stock, no correlation lately to ex. DAX might look stock is weak but on the opposite, Jetter AG is in a very good shape as seen in balance sheet data. More assets than liabilities, small debt compared to sales & income. When sales were smaller, stock was 300% & more higher with similar income. Automation is a very tough industry some might think because of competition from China? Well, Made in China technology is mostly based on stolen patents from other developed countries like Germany, USA, Japan etc. but even with it, you can't compare China tech to most advanced tech in Germany, Jetter has this technology so it will rebound. When? In my opinion it will rally when markets will crash as it is small & investors will shift from big cap to small cap, during stock crash most liquid assets are sold first, then money will find it's way to Jetter shares no matter what. Buying now around 6EUR will deliver superb returns in the future, on small increase in orders Jetter AG will rock. If you think I am too bullish, look at their technology, balance sheet etc. and look at what valuations competition trades. For me this is one way bet to profits, you might consider hedging long JTT with short automation stock traded in USA, probably blue chip or mid cap.
