There are many analysts stating that OEMs and suppliers are trading at a discount to their target prices. For that reason, I decided to cover Gestamp and check if this company is really trading below its intrinsic value. Gestamp Automoción S.A. is a Spanish firm that develops and produces components for the automotive industry mainly […]
Market Economy is the best friend of circular economy. Jyrki Katainen Introduction Befesa is a company that was founded in 1993 through the merger of Berzelius Umwelt Service and two more firms. In 2000, Abengoa acquired the 51% of Befesa and sold its participation to Triton Fund in 2013.
The world suffered an unprecedented financial crisis in 2008. From all sectors, construction and house development experienced a bubble burst and many companies filed for bankruptcy. In Spain, house prices rose sixteenfold from 1998 and 2008. Many factors influenced house prices during those years, and some of the factors are the following: Ley del Suelo […]
“It’s foolish to confuse value and price”. Antonio Machado Who is Benjamin Graham? Benjamin Graham (1894-1976) became one of the most famous investors in the twentieth century. He started his career in Wall Street when he was twenty years old and eventually founded the Graham-Newman Partnership. Considered the father of Value Investing, Benjamin taught his […]