Employees: 824
Size Basler (BSL.DE) is a Germany Information Technology company (Electronic Components) with a market value of $823M, the 156th largest of 205 Germany companies the cockpit tracks. Shares closed at €23.70 on 6 Nov 2026.
Performance Over six months the shares fell 7.4%, against -18.8% for the median peer and +2.6% for the Germany market (cap-weighted) — 7th highest of 21 in its peer set.
Growth Revenue grew 31.1% over the last twelve months (peer median +17.6%); the operating margin is 15.0% (peer median 6.5%).
Valuation It trades at 19.1× forward earnings against a peer median of 16.3× (6th most expensive of 14).
Price implies For today's price to make sense, revenue must grow about 24% a year for seven years (Req g). Recent delivered growth is +6%, so the hurdle is +18 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 0.6 points above its cost of capital (14.7% WACC).
Next results Next results expected around 1 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | €265M | €225M | €184M | €201M | €269M |
| Revenue growth | — | +22% | -8% | -26% | — |
| Gross profit | €132M | €93.4M | €63.8M | €62.1M | €115M |
| EBITDA | €56.1M | €37.5M | €6.91M | -€1.75M | €41.1M |
| Net income | €28.8M | €11.6M | -€14.2M | -€13.8M | €21.4M |
| Free cash flow | €35.5M | €27.9M | €13.9M | €1.35M | -€18.4M |
| Capital expenditure | €8.50M | €10.3M | €10.7M | €13.5M | €30.0M |
| Total debt | €58.9M | €65.5M | €69.6M | €83.7M | €68.2M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | BSL.DE | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +4.9% | -21.5% | highest of 21 |
| 6-month return | -7.4% | -18.8% | 7th highest of 21 |
| Distance from 52-week high | -25.7% | -43.3% | 3rd highest of 21 |
| Revenue growth (TTM) | +31.1% | +17.6% | 7th highest of 21 |
| Operating margin | 15.0% | 6.5% | 4th highest of 21 |
| Forward P/E | 19.1× | 16.3× | 6th most expensive of 14 |
| Growth the price implies (Req g, 7 yrs) | 23.8% | 16.7% | 5th most demanding of 13 |
| Growth delivered (Del g) | +5.7% | +11.8% | 3rd lowest of 13 |
| Hurdle (Req g minus delivered) | +18.2 pp | +7.2 pp | 3rd most demanding of 13 |
| ROIC minus cost of capital | +0.6 pp | +0.6 pp | 11th highest of 21 |
| EV / EBITDA | 13.6× | 10.7× | 3rd most expensive of 8 |
| Net debt / EBITDA | 0.5× | -0.6× | 4th most indebted of 9 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Basler BSL.DE | Germany | $823M | -7% | +31% | 15% | 19.1× | 23.8% | +5.7% |
| Hexatronic HTRO.ST | Sweden | $821M | -17% | +7% | 6% | 15.0× | 12.9% | +28.3% |
| Jiangsu Allfavor Intelligent Circuits Technology 300964.SZ | China | $821M | +1% | +78% | 8% | n/a | n/a | n/a |
| Shenzhen Xunjiexing Technology 688655.SS | China | $810M | -13% | +70% | 0% | n/a | n/a | n/a |
| Shenzhen Jingquanhua Electronics 002885.SZ | China | $840M | -34% | +9% | 4% | n/a | 27.6% | +20.6% |
| Jutze Intelligent Technology 300802.SZ | China | $801M | -6% | +18% | 12% | 39.4× | 32.6% | +10.0% |
| Dynamic 3715.TW | Taiwan | $846M | -50% | +43% | 5% | 16.3× | n/a | n/a |
| Zbit Semiconductor 688416.SS | China | $798M | -34% | +122% | 19% | 27.3× | 30.7% | +13.5% |
| Megachips 6875.T | Japan | $772M | -17% | +2% | 1% | 3.4× | n/a | n/a |
| LEM LEHN.SW | Switzerland | $768M | +74% | -6% | 9% | 20.0× | 6.4% | -0.9% |
| Nichicon 6996.T | Japan | $758M | -27% | 0% | 5% | 13.0× | 15.3% | +7.9% |
| Cicor Technologies CICN.SW | Switzerland | $758M | -6% | +26% | 4% | 18.2× | 5.8% | +23.5% |
| Highbroad Advanced Material (Hefei) 301321.SZ | China | $902M | +28% | +22% | 0% | n/a | 35.6% | +5.8% |
| Ji'an Mankun Technology 301132.SZ | China | $751M | +38% | +32% | 9% | n/a | n/a | n/a |
| Shenzhen Click Technology 002782.SZ | China | $903M | -36% | +10% | 3% | 13.9× | 18.2% | +34.0% |
| Qingdao NovelBeam Technology 688677.SS | China | $904M | -54% | +11% | 28% | 30.4× | 22.1% | +17.0% |
| Lelon Electronics 2472.TW | Taiwan | $750M | -20% | +10% | 20% | 10.9× | 8.2% | +7.6% |
| Bafang Electric (Suzhou) 603489.SS | China | $906M | -31% | +18% | 13% | 31.0× | 13.8% | -0.8% |
| ASRock 3515.TW | Taiwan | $747M | -16% | +29% | 7% | 8.9× | n/a | n/a |
| Qingdao Eastsoft Communication Technology 300183.SZ | China | $745M | -23% | +4% | -6% | n/a | n/a | n/a |
| Shenzhen Q&D Circuits 301628.SZ | China | $917M | -26% | +37% | 13% | n/a | n/a | n/a |