ThyssenKrupp AG

ThyssenKrupp is the parent company of the ThyssenKrupp Group. Co. has six business areas: Components Technology, which provides components for the automotive and machinery sectors; Elevator Technology, which supplies passenger and freight elevators, escalators and moving walks, passenger boarding bridges, stair and platform lifts; Industrial Solutions, which comprises the System Engineering and Marine Systems units; Materials Services, which focuses on materials distribution and technical services; Steel Europe, which develops, produces and markets flat carbon steel in the European market; and Steel Americas, which produces, processes and markets steel products in North and South America.
  • Ticker750000
  • ISINDE0007500001
  • SectorGeneral Industrials
  • CountryGermany

Analysts

Denise Molina

Morningstar | Reducing ThyssenKrupp's FVE: Breakup Could Offer Upside on Elevator Business

We are reducing our fair value estimate for no-moat ThyssenKrupp to EUR 20 per share from EUR 26 after rolling our model forward but lowering our forecasts for some of the company's businesses, including project business related to plant engineering in the industrial solutions division as well as lower expectations for the company's components business. Separately, as the company announced a split earlier this year, we have looked at the valuation from a sum-of-the parts basis, arriving at a EUR 25 valuation. However, we note that full financials on the split are not yet available, so we have...

Denise Molina

Morningstar | Reducing ThyssenKrupp's FVE: Breakup Could Offer Upside on Elevator Business. See Updated Analyst Note from 14 Dec 2018

We are reducing our fair value estimate for no-moat ThyssenKrupp to EUR 20 per share from EUR 26 after rolling our model forward but lowering our forecasts for some of the company's businesses, including project business related to plant engineering in the industrial solutions division as well as lower expectations for the company's components business. Separately, as the company announced a split earlier this year, we have looked at the valuation from a sum-of-the parts basis, arriving at a EUR 25 valuation. However, we note that full financials on the split are not yet available, so we have...

Denise Molina

Reducing ThyssenKrupp's FVE: Breakup Could Offer Upside on Elevator Business

We are reducing our fair value estimate for no-moat ThyssenKrupp to EUR 20 per share from EUR 26 after rolling our model forward but lowering our forecasts for some of the company's businesses, including project business related to plant engineering in the industrial solutions division as well as lower expectations for the company's components business.  Separately, as the company announced a split earlier this year, we have looked at the valuation from a sum-of-the parts basis, arriving at a EU...

Denise Molina

TKA Breakup Offers Some Value Upside Potential on the Elevator Business

After issuing a profit warning, no-moat Thyssenkrupp reported full-year results with 2% and 5% underlying order and revenue increases, respectively, excluding the discontinued steel business. However, the group adjusted EBIT margin contracted 140 basis points on the back of raw material price increases and currency impacts, leading to a 39% decline in adjusted EBIT from continuing operations. The shares are under review, and we expect to update our model in the near term.  In the company's large...

Denise Molina

Morningstar | Thyssenkrupp Company Report

ThyssenKrupp is a diversified industrial company that generates approximately 55% of its sales in Europe. The company had been unprofitable because of the significant drag on earnings associated with its Steel Americas business unit. As we have been advocating for more consideration given to splitting the company into a steel business and a capital goods business, we are happy with sale of the CSA steel plant in Brazil, the full closure of Steel Americas, and the intended merger of Steel Europe with Tata Steel. While the current structure provides some earnings diversification and smooths vola...

thyssenkrupp AG - December 2017 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

thyssenkrupp AG - September 2017 (LTM): Peer Snapshot

Peer Snapshot:  thyssenkrupp AG - September 2017 (LTM) 3 January 2018 (in US millions) FYE Sep-15 FYE Sep-16 LTM Sep-17 FYE Dec-15 FYE Dec-16 LTM Sep-17 FYE Dec-15 FYE Dec-16 LTM Sep-17

Moody's: 2018 outlook for European steelmakers stable as demand, profits grow

Announcement: Moody's: 2018 outlook for European steelmakers stable as demand, profits grow. Global Credit Research- 07 Dec 2017. London, 07 December 2017-- Sustained demand, higher year-over-year profits and the success of antidumping measures should support European steelmakers' credit metrics and underpin the stable outlook on the sector into 2018, says Moody's Investors Service in a report published today.

thyssenkrupp AG: Update Following Recent Change to Developing Outlook

CORPORATES CREDIT OPINION 29 September 2017 Update RATINGS thyssenkrupp AG Domicile Germany Long Term Rating Ba2 Type LT Corporate Family Ratings Outlook Developing Please see the  ratings section  at the end of this report for more information. The ratings and outlook shown reflect information as of the publication date. Contacts Gianmarco Migliavacca 44-20-7772-5217

thyssenkrupp AG: FAQ on planned joint venture with Tata Steel

CORPORATES ISSUER IN-DEPTH 29 September 2017 RATINGS thyssenkrupp AG Long Term Rating Ba2 Outlook Developing Source: Moody's Investors Service Contacts Gianmarco Migliavacca 44-20-7772-5217 VP-Sr Credit Officer gianmarco.migliavacca@moodys.com Anke N. Richter, CFA 44-20-7772-1433 Associate Managing Director anke.richter@moodys.com David G. Staples 971-4-237-9562 MD-Corporate Finance david.sta

Denise Molina

Morningstar | Reducing ThyssenKrupp's FVE: Breakup Could Offer Upside on Elevator Business

We are reducing our fair value estimate for no-moat ThyssenKrupp to EUR 20 per share from EUR 26 after rolling our model forward but lowering our forecasts for some of the company's businesses, including project business related to plant engineering in the industrial solutions division as well as lower expectations for the company's components business. Separately, as the company announced a split earlier this year, we have looked at the valuation from a sum-of-the parts basis, arriving at a EUR 25 valuation. However, we note that full financials on the split are not yet available, so we have...

Denise Molina

Morningstar | Reducing ThyssenKrupp's FVE: Breakup Could Offer Upside on Elevator Business. See Updated Analyst Note from 14 Dec 2018

We are reducing our fair value estimate for no-moat ThyssenKrupp to EUR 20 per share from EUR 26 after rolling our model forward but lowering our forecasts for some of the company's businesses, including project business related to plant engineering in the industrial solutions division as well as lower expectations for the company's components business. Separately, as the company announced a split earlier this year, we have looked at the valuation from a sum-of-the parts basis, arriving at a EUR 25 valuation. However, we note that full financials on the split are not yet available, so we have...

Denise Molina

Reducing ThyssenKrupp's FVE: Breakup Could Offer Upside on Elevator Business

We are reducing our fair value estimate for no-moat ThyssenKrupp to EUR 20 per share from EUR 26 after rolling our model forward but lowering our forecasts for some of the company's businesses, including project business related to plant engineering in the industrial solutions division as well as lower expectations for the company's components business.  Separately, as the company announced a split earlier this year, we have looked at the valuation from a sum-of-the parts basis, arriving at a EU...

Denise Molina

TKA Breakup Offers Some Value Upside Potential on the Elevator Business

After issuing a profit warning, no-moat Thyssenkrupp reported full-year results with 2% and 5% underlying order and revenue increases, respectively, excluding the discontinued steel business. However, the group adjusted EBIT margin contracted 140 basis points on the back of raw material price increases and currency impacts, leading to a 39% decline in adjusted EBIT from continuing operations. The shares are under review, and we expect to update our model in the near term.  In the company's large...

Denise Molina

Morningstar | Thyssenkrupp Company Report

ThyssenKrupp is a diversified industrial company that generates approximately 55% of its sales in Europe. The company had been unprofitable because of the significant drag on earnings associated with its Steel Americas business unit. As we have been advocating for more consideration given to splitting the company into a steel business and a capital goods business, we are happy with sale of the CSA steel plant in Brazil, the full closure of Steel Americas, and the intended merger of Steel Europe with Tata Steel. While the current structure provides some earnings diversification and smooths vola...

3 directors bought

Three Directors at Thyssenkrupp Ag bought 30,950 shares at between 15.985EUR and 16.300EUR. The significance rating of the trade was 82/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing ...

THYSSENKRUPP AG presents increased market risk and shows a lower rating of Slightly Negative

The independent financial analyst theScreener just requalified the risk of THYSSENKRUPP AG (DE), active in the Steel industry. As regards its fundamental valuation, the title receives a new star(s) and now shows 2 out of 4 possible stars. Its market behaviour, however, has slightly deteriorated and can be qualified as risky. theScreener considers that these elements lead to an overall rating downgrade to Slightly Negative while the title remains exposed to strong pressure. As of the analysis date November 23, 2018, the closing price was EUR 16.27 and its target price was estimated at EUR 15.39...

Nurhayati Wan

ThyssenKrupp

Nurhayati Wan

ThyssenKrupp

Nurhayati Wan

ThyssenKrupp

Nurhayati Wan

ThyssenKrupp

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Expert Corporate Governance Service (ECGS)

Etude de l'AG du 19/01/2018

Agenda: We have no concerns over the agenda items at this year's AGM.General: Thyssenkrupp AG was formed in 1999 through the merger of Thyssen AG and Friedrich Krupp AG Hoesch-Krupp.Today, Thyssenkrupp is a diversified industrial group with traditional strengths in materials and a growing share of capital goods and services businesses. Since the sale of its Brazilian steel mill Companhia Siderúrgica do Atlântico (CSA) to Ternium in 2017 (for details see below), the Company focuses on five business areas: Components Technology, Elevator Technology, Industrial Solutions, Materials Services and S...

Jérôme VINERIER

Analyse court terme - THYSSENKRUPP : La tendance de fond est clairement orientée à la baisse.

La tendance de fond est clairement orientée à la baisse. Les prix baissent à nouveau, mais le mouvement est devenu hésitant. Le prochain support est à 16,398 €. La tendance de fond serait remise en cause en cas de franchissement de 20,500 €.

Jérôme VINERIER

Short term view - THYSSENKRUPP : The background trend is clearly bearish.

The background trend is clearly bearish. Prices are falling again, but the movement has become hesitant. The next support is at €16.398. The background trend would be questioned should prices rise above €20.500.

Jérôme VINERIER

Analyse court terme - THYSSENKRUPP : La tendance de fond est clairement orientée à la baisse.

La tendance de fond est clairement orientée à la baisse. Le mouvement se poursuit. Le prochain objectif est à 16,398 €, puis 14,254 €. Le franchissement de 20,500 € remettrait en cause la suite de la baisse.

Jérôme VINERIER

Short term view - THYSSENKRUPP : The background trend is clearly bearish.

The background trend is clearly bearish. The movement goes on. The next target is at €16.398, then €14.254. Passing €20.500 would question the continuation of the fall.

Jérôme VINERIER

Analyse moyen terme - THYSSENKRUPP : La tendance est baissière.

La tendance est baissière. Le mouvement se poursuit. Le prochain objectif est à 16,398 €, puis 12,697 €. Le franchissement de 23,600 € remettrait en cause la suite de la baisse.

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