Risk factor
Very poor trading liquidity
Profitability factor
Undervalued vs peers
About
Haulotte Group S.A., operating through its subsidiaries, specializes in the development, production, and global distribution of advanced machinery for elevating both personnel and materials. Their comprehensive product portfolio includes a variety of aerial work platforms for lifting people, such as articulating and telescopic boom lifts, scissor lifts, vertical mast lifts, push-around lifts, self-propelled booms, and trailer-mounted booms. For material handling, the company provides robust telehandlers. Beyond the core equipment, Haulotte also supplies a range of ancillary products, including shield bars, sophisticated lighting and emission control systems, display screens, and dedicated mobile applications to enhance functionality. Furthermore, the company offers extensive support services, encompassing spare parts provision, comprehensive training programs, repair solutions, financial assistance, and equipment rental options. With a significant global presence, Haulotte markets and sells its products across Europe, the Asia Pacific region, North America, and Latin America. Its solutions cater to a diverse clientele, serving civil and military applications, equipment rental businesses, and critical sectors such as logistics, manufacturing, airport operations, maintenance, and retail. Established in Lorette, France, in 1881, Haulotte Group S.A. is a subsidiary of Solem S.A.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. Specifically, the stock is neutral on EV/EBITDA, underpriced on P/FC.
Target Price
The average target price of PIG.PA is 1.77 and suggests 18.1% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to