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FUCHS SE Unsponsored American Deposit Receipt Repr 1/4 Pref (FUPBY)
OTHER OTC:FUPBY
US Market
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FUCHS SE Unsponsored American Deposit Receipt Repr 1/4 Pref (FUPBY) AI Stock Analysis

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FUPBY

FUCHS SE Unsponsored American Deposit Receipt Repr 1/4 Pref

(OTC:FUPBY)

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Outperform 74 (OpenAI - Gpt-5.6Sol)
Rating:74Outperform
Price Target:
$13.50
▲(15.38% Upside)
Action:N/A
Date:09/24/26
The score is driven primarily by strong financial quality (healthy and improving margins, strong ROE, and low leverage). Technicals add support with an uptrend across major moving averages and positive momentum. The main constraints are cash-flow/working-capital pressure highlighted in the latest earnings call and moderately (not cheaply) valued multiples despite a decent dividend yield.
Positive Factors
Improving profitability
Improving gross, operating, and net margins indicate stronger earnings efficiency and support the durability of FUCHS’s specialty-lubricant model. If margins remain elevated, the company should retain more cash from each sale to fund innovation, customer support, and expansion.
Negative Factors
Working-capital and cash-flow pressure
Higher inventories and working capital are absorbing cash even while reported earnings improve, reducing the amount available for investment, acquisitions, and shareholder distributions. Management’s expectation for materially lower full-year free cash flow indicates this pressure could persist over the coming quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Improving profitability
Improving gross, operating, and net margins indicate stronger earnings efficiency and support the durability of FUCHS’s specialty-lubricant model. If margins remain elevated, the company should retain more cash from each sale to fund innovation, customer support, and expansion.
Read all positive factors

FUCHS SE Unsponsored American Deposit Receipt Repr 1/4 Pref (FUPBY) vs. SPDR S&P 500 ETF (SPY)

FUCHS SE Unsponsored American Deposit Receipt Repr 1/4 Pref Business Overview & Revenue Model

Company Description
Fuchs Petrolub SE, established in 1931 and headquartered in Mannheim, Germany, operates globally as a specialist in the formulation, production, and distribution of a comprehensive range of lubricants and related chemical specialties. The company’...
How the Company Makes Money
FUCHS SE primarily makes money by selling specialty lubricants and closely related fluid products to business and original-equipment customers, typically priced based on performance characteristics rather than commodity oil benchmarks. Its core re...

FUCHS SE Unsponsored American Deposit Receipt Repr 1/4 Pref Earnings Call Summary

Earnings Call Date:Jul 31, 2026
(Q2-2026)
|
% Change Since: |
Next Earnings Date:Oct 30, 2026
Earnings Call Sentiment Positive
The call conveyed a positive operational and earnings momentum (record H1 EBIT, double‑digit sales growth, improved margin and upgraded EBIT guidance) underpinned by strong volume recovery and effective sourcing. However, liquidity and cash-flow metrics were pressured by an inflation-driven buildup in working capital, a large dividend and acquisition cash outflows; supply‑chain risks (Middle East), a damaged Saudi JV plant and some temporary pre‑buying effects temper visibility for H2. On balance, the positives (strong earnings, regional recovery, guidance upgrade and strategic initiatives) outweigh the headwinds, though risks to cash flow and supply require close monitoring.
Positive Updates
Strong Top-Line Growth
Sales reached EUR 2.0 billion in H1 2026, up 11% year-over-year; Q2 sales were EUR 1.1 billion, +21% YoY and +14% vs Q1. Organic growth contributed ~EUR 200 million (~12%).
Negative Updates
Free Cash Flow and Working Capital Pressure
Free cash flow before acquisitions was EUR 61 million (down from EUR 81 million prior year). Net operating working capital increased to EUR 910 million (21.3% of annualized sales) with a change of roughly EUR 139 million driven by inflation and higher inventories.
Read all updates
Q2-2026 Updates
Negative
Strong Top-Line Growth
Sales reached EUR 2.0 billion in H1 2026, up 11% year-over-year; Q2 sales were EUR 1.1 billion, +21% YoY and +14% vs Q1. Organic growth contributed ~EUR 200 million (~12%).
Read all positive updates
Company Guidance
Management raised full‑year EBIT guidance to EUR 460–480m (previously ~EUR 450m) after a very strong H1: sales EUR 2.0bn (+11% y/y), EBIT EUR 260m (+24% y/y; Q2 EBIT EUR 135m, +34% y/y, +8% q/q), EBIT margin 13% (vs 11.6% LY) and gross margin 34.8%; sales are still guided to be “significantly above EUR 3.7bn” while free cash flow before acquisitions is expected to remain “significantly below EUR 270m” (H1 FCF before acquisitions EUR 61m vs EUR 81m prior year). Management flagged a NOWC build to EUR 910m (21.3% of annualized sales), net liquidity down to EUR 13m (from EUR 151m end‑2025) after a EUR 160m dividend and the Turkey acquisition, noted roughly one‑third of growth from organic expansion, one‑third from pre‑buying and one‑third from customers switching suppliers, said price pass‑through will be more visible in H2, and judged the Saudi JV fire to be limited to about 1.5% of group EBIT while raw‑material normalisation is unlikely before mid‑2027.

FUCHS SE Unsponsored American Deposit Receipt Repr 1/4 Pref Financial Statement Overview

Summary
Strong overall fundamentals: improving profitability (TTM gross margin ~35%, operating margin ~13.1%, net margin ~9%) and low leverage (debt-to-equity ~0.09) with solid ROE (~17%). Offsets include uneven revenue growth history and a meaningful TTM free-cash-flow decline (-19.4%) with historically volatile cash conversion.
Income Statement
78
Positive
Balance Sheet
86
Very Positive
Cash Flow
67
Positive
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue3.79B3.42B3.52B3.54B3.41B2.87B
Gross Profit1.33B1.14B1.22B1.15B1.05B965.00M
EBITDA569.31M509.08M537.00M514.00M457.00M448.00M
Net Income342.21M293.92M302.00M282.00M259.00M253.00M
Balance Sheet
Total Assets3.03B2.73B2.61B2.42B2.52B2.31B
Cash, Cash Equivalents and Short-Term Investments189.92M243.90M153.00M175.00M119.00M146.00M
Total Debt176.93M86.96M112.00M63.00M179.00M49.00M
Total Liabilities982.59M751.68M710.00M619.00M682.00M555.00M
Stockholders Equity2.05B1.98B1.90B1.80B1.84B1.75B
Cash Flow
Free Cash Flow297.92M301.61M307.00M460.00M59.00M89.00M
Operating Cash Flow405.21M389.98M390.00M543.00M128.00M169.00M
Investing Cash Flow-131.77M-112.38M-185.00M-82.00M-69.00M-108.00M
Financing Cash Flow-228.37M-182.50M-228.00M-400.00M-86.00M-132.00M

FUCHS SE Unsponsored American Deposit Receipt Repr 1/4 Pref Technical Analysis

Technical Analysis Sentiment
Positive
Last Price11.70
Price Trends
50DMA
11.76
Positive
100DMA
11.46
Positive
200DMA
11.09
Positive
Market Momentum
MACD
0.11
Positive
RSI
58.70
Neutral
STOCH
86.25
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FUPBY, the sentiment is Positive. The current price of 11.7 is below the 20-day moving average (MA) of 12.05, below the 50-day MA of 11.76, and above the 200-day MA of 11.09, indicating a bullish trend. The MACD of 0.11 indicates Positive momentum. The RSI at 58.70 is Neutral, neither overbought nor oversold. The STOCH value of 86.25 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FUPBY.

FUCHS SE Unsponsored American Deposit Receipt Repr 1/4 Pref Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
74
Outperform
$5.87B16.5517.00%2.96%13.16%25.59%
72
Outperform
$2.43B19.939.15%1.83%2.87%534.76%
70
Outperform
$7.66B17.187.42%5.05%-4.30%-46.24%
66
Neutral
$2.81B28.497.12%1.27%7.79%―
60
Neutral
$8.70B47.776.57%0.91%26.61%-25.95%
56
Neutral
$3.16B59.712.77%2.45%-1.39%―
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
FUPBY
FUCHS SE Unsponsored American Deposit Receipt Repr 1/4 Pref
12.17
1.18
10.77%
ASH
Ashland
68.44
21.83
46.85%
EMN
Eastman Chemical
65.75
5.70
9.50%
IOSP
Innospec
96.72
20.49
26.88%
KWR
Quaker Chemical
158.02
28.14
21.66%
ESI
Element Solutions
35.97
11.04
44.28%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Sep 24, 2026