Fuchs Petrolub SE·Basic Materials
Fuchs Petrolub SE develops, produces, and sells lubricants and related specialties worldwide. The company offers automotive lubricants, such as biodegradable lubricants, central and mobile hydraulic oils, dry coatings, engine and gear oils, motorcycle/two wheelers, and service fluids, as well as various oils for agriculture sector. It also provides industrial lubricants, including chain lubricants, compressor oils, dry coatings, gear oils, hydraulic oils, machine oils, open gear lubricants, rapidly biodegradable lubricants, refrigeration oils, release agents, slideways oils, industrial oils, textile machine oils, and turbine oils. In addition, the company offers lubricating greases comprising assembly pastes, biodegradable greases, food grade greases, long-life greases, pastes for extreme temperatures, perfluorinated pastes, and wheel bearing greases, as well as gear boxes, greases for central lubricating system, extreme temperature, machine tools, plain and roller bearings, rail vehicles, spray cans or rattle cans, and solid lubricants. Further, it provides metal processing lubricants, including cleaners, corrosion preventives, cutting and grinding, forming lubricants, and quenching oils; and special application lubricants for application equipment, chain, dry coatings, food and beverage, gears, sugar processing, railway traffic, plain and roller bearings, glass manufacturing process, hot forming, maintenance, open gears, pastes, release agents, other specialties, special greases, and wind power plants. Additionally, the company offers open gear and surface coating services. Fuchs Petrolub SE was founded in 1931 and is based in Mannheim, Germany.
Basic Materials
Chemicals - Specialty
6,818
2015-06-09
0.76

Fuchs SE (FUPBY) Analyst/Investor Day Transcript

Fuchs unveiled conservative 2031 targets: €4.0–4.5B sales, €550–600M EBIT, and 13–15% margin, with real growth and inflation pass-through. EPS growth is projected at 6–7% plus inflation, aided by buybacks, lower tax rates from 2028, and limited M&A, likely exceeding consensus expectations. The growth strategy centers on higher-margin specialty applications and the automotive aftermarket, leveraging proven market share gains in attractive niches.

Fuchs SE remains a solid, resilient specialty chemical company with a wide economic moat but faces persistent growth and margin challenges. Despite underperforming the S&P 500 over the last decade, FUPEF is trading at a discount to historical valuation multiples and appears undervalued based on DCF analysis. Management guides for mid-single-digit long-term growth and margin improvement, but near-term headwinds and cautious analyst forecasts temper expectations.

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