Basler AG (BSL) AI Stock Analysis

• Market Cap: €485.63M
• Dividend Yield: N/A
• Average Volume (3M): 35.97K
• Price to Earnings (P/E): 120.6
• Beta (1Y): 1.07
• Revenue Growth: 19.61%
• EPS Growth: N/A
• Country: DE
• Employees: 881
• Sector: General
• Sector Strength: N/A
• Industry: Consumer Electronics
• EPS (TTM): 0.15
• Shares Outstanding: 31,500,000
• 10 Day Avg. Volume: 43,860
• 30 Day Avg. Volume: 35,974
• PEG Ratio: 0.00
• Price to Book (P/B): 1.52
• Price to Sales (P/S): 1.03
• P/FCF Ratio: 39.14
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 0.55
• Revenue Forecast (FY): €250.50M

• Rating: 48 Neutral
• Price Target: €16.50 ▲(5.23% Upside)
• Action: Reiterated Date: 12/18/25
• Date: Action: Reiterated 12/18/25

Basler AG's stock score is primarily impacted by its mixed financial performance and bearish technical indicators. The high P/E ratio suggests overvaluation, and the lack of earnings call and corporate events data limits further insights. The stock's oversold technical condition could indicate potential for a rebound, but current fundamentals and valuation remain concerns.

Positive Factors

Market Position

Basler's position as a recognized leader in machine vision, medical and traffic imaging supports durable demand across multiple end markets. Diversified industry exposure and partner integration reduce single-market dependence and help sustain long-term revenue resilience and channel reach.

High Gross Margins

A ~46% gross margin indicates strong product-level pricing power and cost structure in hardware and imaging software. High gross margins give room to invest in R&D and absorb component cost fluctuations, supporting sustainable long-term profitability if operational efficiencies improve.

Improving Cash Generation

Strong FCF growth and a FCF-to-net-income ratio around 0.51 signal improving cash conversion. Reliable free cash flow enhances financial flexibility to fund R&D, capex, and working capital, lowering dependence on external financing and supporting long-term strategic investments.

Negative Factors

Negative Net Profitability

A negative net margin shows the company struggles to convert revenue into bottom-line profits, limiting retained earnings and reinvestment capacity. Persistently negative net margins threaten sustainable earnings generation and constrain shareholder returns over the medium term.

Negative Return on Equity

Negative ROE indicates the company is not generating positive returns on shareholders' capital, reflecting operational inefficiencies or suboptimal capital allocation. Over time this can erode investor confidence and limit the firm's ability to raise equity for growth initiatives.

Revenue Concentration in Hardware

Heavy dependence on hardware sales exposes Basler to cyclical industrial capex, pricing pressure, and product commoditization. Lower recurring revenue from services/software reduces earnings stability and increases sensitivity to demand swings in key end markets over the medium term.

Basler AG Business Overview & Revenue Model

Company Description

Basler Aktiengesellschaft engages in the development, manufacture, and sale of digital cameras for professional users in Germany and internationally. It offers area scan, line scan, cameras for medical and life sciences, 3D-kamerasa and embedded vision kits; fixed focal lenses; lighting components; frame grabbers; and PC cards for stable operation and a variety of interfaces. The company also provides accessories, such as visualapplets, camera mount adaptors, housing and lens accessories, I/O boards, mounting, and dongles; and network and peripheral devices. Its products are used in factory automation, retail, traffic and transportation, and medical and life sciences applications, as well as in sports and entertainment, security and surveillance, logistics, and agriculture applications. The company was founded in 1988 and is headquartered in Ahrensburg, Germany. Basler Aktiengesellschaft is a subsidiary of Norbert Basler Holding GmbH.

How the Company Makes Money

Basler AG generates revenue primarily through the sale of its industrial cameras and related imaging products. The company has a well-defined revenue model that includes direct sales to customers, distribution through partners, and long-term contracts with key clients in various sectors. Key revenue streams include the sale of hardware (cameras and accessories), software solutions for image processing, and ongoing services such as support and maintenance. Additionally, Basler often collaborates with technology partners to integrate their imaging solutions into larger systems, enhancing their market reach and driving additional sales. The company's focus on innovation and quality helps maintain its competitive edge and contributes to steady revenue growth.

Basler AG Financial Statement Overview

Summary

Basler AG's financial performance is mixed. Revenue growth and improved cash flow are positive, but profitability is a concern with negative net margins and ROE. The balance sheet is stable with moderate leverage, but operational efficiencies need improvement.

Income Statement

Basler AG's income statement shows a mixed performance. The TTM gross profit margin of 46.27% indicates solid profitability, but the net profit margin is negative at -1.97%, reflecting challenges in converting revenue to profit. Revenue growth is positive at 6.29% TTM, suggesting recovery from previous declines. However, EBIT and EBITDA margins are low, indicating operational inefficiencies.

Balance Sheet

The balance sheet reveals moderate leverage with a debt-to-equity ratio of 0.54 TTM, which is manageable. However, the return on equity is negative at -3.06%, indicating inefficiencies in generating returns for shareholders. The equity ratio is stable, suggesting a balanced capital structure.

Cash Flow

Cash flow analysis shows improvement, with a significant free cash flow growth of 44.74% TTM. The operating cash flow to net income ratio of 0.48 indicates moderate cash generation relative to net income. The free cash flow to net income ratio of 0.51 suggests a positive cash conversion cycle.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	212.88M	183.72M	201.81M	270.85M	214.88M	170.41M
Gross Profit	99.86M	82.81M	85.72M	131.81M	112.64M	88.67M
EBITDA	27.18M	9.44M	4.99M	45.78M	44.87M	35.64M
Net Income	4.00M	-13.77M	-13.81M	21.36M	21.00M	15.11M
Balance Sheet
Total Assets	232.88M	233.59M	255.75M	265.53M	227.28M	190.13M
Cash, Cash Equivalents and Short-Term Investments	24.78M	22.26M	32.23M	28.70M	54.83M	47.86M
Total Debt	66.27M	72.08M	83.72M	68.23M	46.68M	40.03M
Total Liabilities	98.08M	109.18M	116.58M	124.04M	98.62M	75.22M
Stockholders Equity	134.81M	124.41M	139.18M	141.49M	129.36M	114.91M
Cash Flow
Free Cash Flow	14.37M	4.83M	-9.28M	-17.57M	9.61M	22.32M
Operating Cash Flow	21.75M	14.64M	4.20M	12.40M	25.33M	37.32M
Investing Cash Flow	-9.19M	-13.28M	-13.44M	-44.19M	-15.29M	-23.30M
Financing Cash Flow	-11.32M	-12.32M	12.74M	5.66M	-3.07M	-1.33M

Basler AG Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 15.68
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:BSL, the sentiment is Positive. The current price of 15.68 is below the 20-day moving average (MA) of 15.75, above the 50-day MA of 15.42, and above the 200-day MA of 14.77, indicating a bullish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 52.19 is Neutral, neither overbought nor oversold. The STOCH value of 54.62 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for DE:BSL.

Basler AG Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IVU	76 Outperform	€344.96M	25.69	16.55%	1.34%	12.50%	10.93%
TPE	70 Outperform	€595.95M	37.99	10.84%	―	-8.62%	-38.42%
AB9	64 Neutral	€57.91M	2.43	11.45%	5.42%	81.69%	-19.99%
Sector *	55 Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
BSL	48 Neutral	€485.63M	120.62	-2.96%	―	19.61%	―
MXHN	48 Neutral	€158.37M	724.53	0.40%	―	-1.42%	-99.55%