{"id":23850,"date":"2021-01-15T09:00:39","date_gmt":"2021-01-15T08:00:39","guid":{"rendered":"https:\/\/staging.capitalmind.com\/industrial-tech-valuations-part-2\/"},"modified":"2021-03-04T23:31:13","modified_gmt":"2021-03-04T22:31:13","slug":"industrial-tech-valuations-part-2","status":"publish","type":"post","link":"https:\/\/working.capitalmind.com\/fr\/industrial-tech-valuations-part-2\/","title":{"rendered":"Industrial Tech Valuations – Part 2"},"content":{"rendered":"

Mechanical engineering valuations rise despite COVID-19<\/h2>\n

\"\"<\/p>\n

Engineering companies currently valued at 7.3x EBITDA, 21% (!) higher than before COVID-19.<\/p>\n

Market capitalizations of the sub-sector have fallen by 5%, while the entire Investec Industrial Tech Index rose by 10.5%. The performance thus follows the #DAX30 -5%.<\/p>\n

Absolute EBITDA expectations are 21% below the 2019 results. Sales are down 19% and margins to 7% (8% in 2019).<\/p>\n

Engineering services lose valuation – EBITDA & turnover expectations collapse<\/h2>\n

\"\"<\/p>\n

Engineering service providers are currently valued at a 5.8x EBITDA, 12% lower than before COVID-19.<\/p>\n

Since January 2020, sub-sector market capitalizations have lost 21%, while the total Investec Industrial Tech Index has risen 10.5% and the #DAX30 has lost 5%.<\/p>\n

Absolute EBITDA forecasts are 9% below 2019 results, while revenues are down 26% from 2019 and margins remain stable at 6%.<\/p>\n

Integrated groups rated significantly higher than before COVID-19<\/h2>\n

\"\"<\/p>\n

Integrated groups are currently valued at a 15x EBITDA, 28% higher than before COVID-19.<\/p>\n

The market capitalization of the sub-sector has increased by 5.3% since January 2020, while the Investec Industrial Technology Index has risen by 10.5% and the #DAX30 has lost 5%.<\/p>\n

Absolute EBITDA forecasts 17% lower than 2019 results, while revenues are down 27% from 2019 and margins remain at 11%.<\/p>\n","protected":false},"excerpt":{"rendered":"

Mechanical engineering valuations rise despite COVID-19 Engineering companies currently valued at 7.3x EBITDA, 21% (!) higher than before COVID-19. Market…<\/p>\n","protected":false},"author":17,"featured_media":21544,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[3800],"tags":[],"news-event-type":[],"dealtype":[],"class_list":["post-23850","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sectornews-fr","ps-industrie-fr"],"acf":[],"yoast_head":"\nIndustrial Tech Valuations - Part 2 | Investec Business Advisory<\/title>\n<meta name=\"description\" content=\"Engineering companies currently valued at 7.3x EBITDA, 21% (!) higher than before COVID-19.\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"fr_FR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Industrial Tech Valuations - Part 2\" 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