Report
Cosmin Filker ...
  • Felix Haugg
  • Marcel Goldmann
  • Matthias Greiffenberger
EUR 160.00 For Business Accounts Only

GBC Best of m:access 2020 - 05.11.2020

Liebe Investoren,

 jedes Jahr wird die Attraktivität des Münchner Börsensegments m:acces unter Beweis gestellt. Auch in 2019 und in 2020 haben sich mehrere Emittenten für ein Listing im m:access entschieden. Mit insgesamt elf Zugängen seit Anfang 2019 umfasst das Münchner Börsensegment mittlerweile eine Rekordanzahl von 64 Unternehmen unterschiedlicher Branchen, mit einer Gesamtmarktkapitalisierung in Höhe von nahezu 14,3 Mrd. Euro (Stand 30.09.2020).

 Seit Juli 2019 wird von der Börse München gemeinsam mit Solactive der m:access-All Share berechnet. Der neu geschaffene Index wurde auf den 30. Juni 2009 zurückgerechnet und startete mit 1.000 Punkten. Im m:access-All Share sind mittlerweile 64 Unternehmen gelistet. Zurückgerechnet konnte der m:access-All Share eine jährliche Durchschnittsrendite von über 9,7 % erzielen. Seit Auflage des m:access-Index am 25.07.2019 – 30.09.2020 hat der Mittelstandsindex eine Performance von 15,8 % erzielt. 

 Die GBC Best of m:access konnte im Zeitraum 01.04.2019 – 30.09.2020 wieder eine beeindruckende Performance vorweisen. Unsere Best of m-access Auswahl des vergangenen Jahres hat seit dem 01. April 2019 eine überdurchschnittliche Performance von +50,6 % erreicht. Im gleichen Zeitraum haben der Dax mit +10,7 % und der breiter gefasste General Standard mit +20,3 % deutliche niedrigere Kursgewinne verzeichnet.

 Im Rahmen dieser Studie präsentieren wir Ihnen eine in Teilen neu zusammengesetzte „Best of m:access“ - Auswahl, die weiterhin 15 Unternehmen umfasst. Damit tragen wir der guten Entwicklung der im m:access gelisteten Unternehmen Rechnung.

 In der „GBC Best of m:access 2020“ sind Einschätzungen zu folgenden Unternehmen enthalten:

 ABO Wind AG AG (ISIN: DE0005760029)

artec technologies AG (ISIN: DE0005209589)

audius SE (ISIN: NL0006129074)

Blue Cap AG (ISIN: DE000A0JM2M1)

EQS Group AG (ISIN: DE0005494165)

Mensch und Maschine Software SE (ISIN: DE0006580806)

Merkur Bank KGaA (ISIN: DE0008148206)

Nebelhornbahn AG (DE0008271107)

SBF AG (ISIN: DE000A2AAE22)

SHS VIVEON AG (ISIN: DE000A0XFWK2)

Solutiance AG (ISIN: DE0006926504)

Traumhaus AG (ISIN: DE000A2NB7S2)

UmweltBank AG (ISIN: DE0005570808)

UniDevice AG (ISIN: DE000A11QLU3)

Wolftank-Adisa Holding AG (ISIN: AT0000A25NJ6)

 

Wir wünschen Ihnen erfolgreiche Investments,

 Cosmin Filker

Stellv. Chefanalyst

 

Underlyings
Artec Technologies AG

Artec Technologies AG is a Germany-based company engaged in the development, production and sale of software solutions and complete systems in the field of digital technology. The Company operates through two segments: Video Security Technology and Media and Broadcast. The Video Security Technology segment develops MULTIEYE product and system solutions for video surveillance and security systems at airports, banks, museums, shopping centers, car parks, railway stations logistic centers, as well as private and industrial facilities. The Media and Broadcast segment offers product and system solutions for the transmission, recording and replay of television (TV), video and radio broadcasts via network or the Internet, including Internet Protocol television (IPTV).

Blue Cap

Blue Cap AG is a Germany-based holding company investing in medium-sized companies in the industry sector. The Company's portfolio includes companies in the areas of adhesives, special machinery, medical and measurement technology and precious metals. It distinguishes five business segments: Coating technology, Adhesive technology, Production technology, Medical technology, Precious metal recycling and trade. Its portfolio companies include NESCHEN Coating GmbH, a producer of adhesive-coated films; PLANATOL GmbH, a producer of glues; Gaemmerler GmbH, a manufacturer of printing systems; nokra Optische Prueftechnik und Automation GmbH, a provider of measuring and testing systems; em-tec GmbH, a developer of blood flow measuring devices; INHECO Industrial Heating and Cooling GmbH, a developer of thermo-electric components; Carl Schaefer Gold- und Silberscheideanstalt GmbH, a precious metals processing company, and knauer Holding GmbH & Co KG, a plastic cup supplier, among others.

EQS Group AG

EQS Group AG, formerly known as EquityStory AG, is a Germany-based provider of regulatory technology (RegTech) in the fields of corporate compliance and investor relations. The Company's activities are divided into two operating segments: Compliance and Investor Relations. The Compliance segment comprises all products required for companies to fulfill their legal and regulatory obligations, including reporting obligations in the news segment (disclosure), submissions to the Federal Gazette (filing), and new products, such as Insider Manager, Integrity Line, LEI, and ARIVA Workflows. The and Investor Relations segment encompasses products for the areas of financial and corporate communications, including news, websites portals, webcasts and media. In addition, its products are pooled in the cloud-based software EQS COCKPIT. The Company's clients are small and medium-sized enterprises (SME), as well as corporate customers. It provides services worldwide.

Mensch und Maschine Software SE

Mensch und Maschine Software is a global enterprise based in Germany. Its business activities are concentrated in the fields of CAD and CAM (Computer Aided Design & Manufacturing) solutions, which it divides into four industry segments: Mechanical engineering solutions segment (about 50% of Co.'s business); Construction industry and building services segment (approximately 25% of Co's activities); Gardening and landscaping segment (about 15% of Co.'s business); and the Electrical engineering segment (about 10% of Co.'s business). In addition, Co. divides its business operations into three sections: Distribution,VAR Business and Software.

Merkur Bank KGaA

Merkur Bank is a private bank, focusing on four sectors: private customers, corporate clients, leasing finance and real estate interim financing. In the private customers sector, Co. provides four segemsnts: saving and investment, account services, stocks, and financing. In the corporate clients sector, Co. specializes on small and middle-sized enterprises (SME), which are offered several types of loans, as well as corporate pension schemes, among others. The leasing finance sector, Co. offers leasing refinancing primarily for passenger cars..Co. also offers online banking and brokerage services through its Website. As of Dec. 31, 2008, Co.'s total assets amounted to Euro659,267,040.78.

Nebelhornbahn Ag

Nebelhornbahn is engaged in the operation of mountain cable railway and the management of mountain restaurants. Co.'s operations are focused around the Fellhorn-Kanzelwand ski resort, an alpine resort that spans the border between Germany and Austria. Co. operates a cable car railway, chair lifts and ski lifts on Mount Nebelhorn and on Mount Fellhorn. Co. also provides its services on Walmendingerhorn Mountain.

SBF AG

SBF AG. SBF AG, formerly Corona Equity Partner AG, is a Germany-based manufacturer of electrical equipment for railroad cars. The Company operates through its subsidiary SBF Spezialleuchten GmbH and produces ceiling systems, lighting solutions and ventilation solutions for the interior and exterior of railroad cars. The Company provides interior ceiling lighting systems, exterior halogen light-emitting diode (LED) combination lights, full LED headlights and LED modular systems for rolling stock, as well as air ducting systems, supplying ventilation systems with hot and cold air for the train interior. The Company provides planning, concept developing and manufacturing services. The Company operates as holing company.

SHS Viveon

SHS Viveon AG. SHS Viveon AG is a Germany-based provider of customer management consulting services and solutions. Its service portfolio comprises analytics, such as analytical models and individual evaluations, campaign services that includes set-up, operation and analysis of campaigns and risk scoring services to identify customer risks. In the consulting area, the Company offers solutions related to credit management, risk management, omnichannel-marketing, big data, business intelligence, customer relationship management and data science. The Company's system solutions include DebiTEX to control internal and external data available on customers, as well as RiskSuite, a modular software platform that allows users to control risk-relevant customer processes automatically.

Umweltbank AG

UmweltBank AG is a Germany-based bank that provides financial services focusing on the ecological sector in Germany. The Bank offers online banking, loans, real estate credit, project financing, insurances, investment advice and investment management. It also co-finances various environment projects.

Wolftank-Adisa Holding AG

Provider
GBC AG
GBC AG

Die GBC AG mit Sitz in Augsburg ist eines der führenden bankenunabhängigen Investmenthäuser in Deutschland und erfahrener Emissionsexperte für den deutschen Mittelstand.

Die GBC AG kennt als eigentümergeführtes Unternehmen die Bedürfnisse des deutschen Mittelstandes im Finanzierungsbereich und ist ein unabhängiger und verlässlicher Partner bei allen Fragestellungen rund um den Kapitalmarkt.

In der GBC Gruppe bietet die GBC AG Unternehmensanalysen & Research, Kapitalmarkt- & Finanzierungsberatungen sowie Kapitalmarktkonferenzen.

Die GBC Kapital GmbH ergänzt die Leistungen in der Gruppe um das Corporate Finance in den Bereichen Platzierung & Vermittlung von Anleihen und Aktien

Analysts
Cosmin Filker

Felix Haugg

Marcel Goldmann

Matthias Greiffenberger

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