A company that offers road tolling systems and traffic management systems.

After share price being up as high as 50 Euros a few years ago, the share price started going South. Mainly because the German government cancelled a huge contract for a nationwide tolling system, because the law was unconstitutional.

After a settlement with the German government in the end of last year, the future looks brighter, even though debt level remains quite high.

As Cities all over the world are growing, traffic management and tolling systems seem to have a bright future. Currently there 1,4 billion Euros of orders in the books that need to be delivered.

Main risks are political risks and long lead times to create and finish projects.

63% of the shares are held by the founding fa

How well do narratives help inform your perspective?

Disclaimer

The user Schwejk has a position in WBAG:KTCG. Simply Wall St has no position in any of the companies mentioned. The author of this narrative is not affiliated with, nor authorised by Simply Wall St as a sub-authorised representative. This narrative is general in nature and explores scenarios and estimates created by the author. The narrative does not reflect the opinions of Simply Wall St, and the views expressed are the opinion of the author alone, acting on their own behalf. These scenarios are not indicative of the company's future performance and are exploratory in the ideas they cover. The fair value estimates are estimations only, and does not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that the author's analysis may not factor in the latest price-sensitive company announcements or qualitative material.

Growing cities and growing traffic may lift Kapsch Trafficom

Disclaimer

Read more narratives

KTCG