Substack · Moats & Margins
Besi Valuation 2026: Why Better Fundamentals Led to Worse Expected Returns
Besi has risen more than 70% in a year and management just raised its 2030 guidance. Revenue, margins, and free cash flow all look better than they did twelve months ago.
Desde publicación −22,8 % α −26,4 p. p. vs AEX · EUR