Muhlbauer Holding AG & Co. KGaA (MUB) AI Stock Analysis

• Market Cap: €569.46M
• Dividend Yield: 3.89%
• Average Volume (3M): 222.00
• Price to Earnings (P/E): 22.9
• Beta (1Y): 0.28
• Revenue Growth: -7.25%
• EPS Growth: 113.93%
• Country: DE
• Employees: 4,198
• Sector: Technology
• Sector Strength: 88
• Industry: Computer Hardware
• EPS (TTM): N/A
• Shares Outstanding: 14,696,075
• 10 Day Avg. Volume: 380
• 30 Day Avg. Volume: 222
• PEG Ratio: 0.20
• Price to Book (P/B): 2.16
• Price to Sales (P/S): 1.14
• P/FCF Ratio: 24.43
• 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): N/A
• Revenue Forecast (FY): N/A

• Rating: 74 Outperform
• Price Target: €45.00 ▲(8.17% Upside)
• Action: Upgraded
• Date: 06/08/26

Positive Factors

Debt-free balance sheet

Zero reported debt gives durable financial flexibility: the company can fund capex, support long project cycles, pursue selective M&A or weather cyclical demand without refinancing risk. That structural safety buffer strengthens solvency and strategic optionality over 2–6 months.

Negative Factors

Volatile profitability

Earnings swing materially across years, indicating sensitivity to demand, project mix and timing. That volatility undermines predictability for cash returns, capital allocation and dividend planning, making forward earnings and margin durability less reliable over the medium term.

Muhlbauer Holding AG & Co. KGaA Business Overview & Revenue Model

Company Description

Mühlbauer Holding AG, founded in 1981 and headquartered in Roding, Germany, is a global enterprise specializing in the manufacturing and personalization of smart cards, passports, and RFID solutions. The company's offerings span the complete produ...

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Mühlbauer Holding AG, founded in 1981 and headquartered in Roding, Germany, is a global enterprise specializing in the manufacturing and personalization of smart cards, passports, and RFID solutions. The company's offerings span the complete produ...

How the Company Makes Money

Muhlbauer primarily generates revenue by selling capital equipment and integrated production lines used to manufacture and personalize secure ID and RFID/NFC products. A major portion of earnings is typically tied to project-based deliveries where...

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Muhlbauer primarily generates revenue by selling capital equipment and integrated production lines used to manufacture and personalize secure ID and RFID/NFC products. A major portion of earnings is typically tied to project-based deliveries where...

Muhlbauer Holding AG & Co. KGaA Financial Statement Overview

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	518.42M	484.58M	532.09M	464.41M	324.47M	343.10M
Gross Profit	282.50M	123.51M	290.36M	324.59M	249.03M	264.29M
EBITDA	45.06M	103.38M	48.06M	96.25M	25.24M	92.47M
Net Income	13.29M	24.69M	11.54M	48.41M	-3.02M	58.93M
Balance Sheet
Total Assets	574.28M	546.28M	588.68M	621.01M	542.43M	452.23M
Cash, Cash Equivalents and Short-Term Investments	83.71M	71.47M	70.20M	48.45M	78.22M	107.30M
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	315.43M	290.26M	332.03M	365.83M	318.36M	202.24M
Stockholders Equity	258.85M	256.02M	256.65M	255.18M	224.06M	249.99M
Cash Flow
Free Cash Flow	0.00	22.66M	28.94M	-17.54M	5.37M	13.10M
Operating Cash Flow	0.00	42.89M	55.69M	38.76M	39.68M	59.18M
Investing Cash Flow	0.00	-19.77M	-19.42M	-53.45M	-36.38M	-45.63M
Financing Cash Flow	0.00	-21.29M	-14.45M	-14.39M	-23.60M	-22.12M

Muhlbauer Holding AG & Co. KGaA Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MUB	74 Outperform	€569.46M	22.88	5.16%	3.89%	-7.25%	113.93%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%