Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
PIERER Mobility AG, together with its subsidiaries, operates as a motorcycle producer in Europe, North America, Mexico, and internationally. It operates through Motorcycles, E-Bicycles, Four-Wheel, and Others segments. The company develops, produces, and distributes motorized leisure equipment, including off-road and street motorcycles; mini-motorcycles; X-BOW; and brand accessories, such as spare parts, technical accessories, and clothing under the KTM, Husqvarna Motorcycles, and GASGAS brands. It also develops, produces, and sells chassis components for motorcycles and vehicles, including suspension components, frame construction and related welded-steel components, exhaust systems, and cooling systems under the WP brand. In addition, the company engages in manufacturing, developing, and trading e-bikes and bicycles under the Husqvarna E-Bicycles, GASGAS E-Bicycles, FELT Bicycles, and R RAYMON brands. Further, it provides digital strategy, mobile and web applications, and business solutions; and high-performance sports car under the KTM X-BOW brand name. The company was formerly known as KTM Industries AG and changed its name to PIERER Mobility AG in October 2019. PIERER Mobility AG was founded in 1953 and is based in Wels, Austria. PIERER Mobility AG operates as a subsidiary of Pierer Konzerngesellschaft mbH.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. In particular, the stock is underpriced on P/E, 'cheap' on EV/EBIT