ThyssenKrupp Stock Soars on IPO Hopes and Stable Operations
ThyssenKrupp's stock has shown remarkable resilience, trading at around 12.50 euros after a minor 0.5% dip on the stock market today. Analysts highlight its significant recovery over recent months, with the price soaring past key technical indicators like the GD50 and RSI 130. The market values the company at up to five billion euros, with investors expressing confidence in its strategic shift.
The lack of major news driving ThyssenKrupp's recent performance is seen as a positive sign, indicating stable operations. Steel demand has stabilised, allowing for healthy margins, which benefits the company's overall performance. One of ThyssenKrupp's most valuable divisions, TKMS, is set for an IPO by mid-October 2025. This spin-off, retaining a 51% majority stake for ThyssenKrupp, is expected to bolster the company's stock price and inject fresh capital for investments.
ThyssenKrupp's transformation into a focused industrial holding is underway. Its industrial participations in plant engineering and materials technology are showing early signs of improved profitability. The market is now focusing on the valuation of TKMS, with the potential market value estimated at up to five billion euros.
ThyssenKrupp's stock remains robust, with analysts noting its significant recovery and stable operations. The planned IPO of TKMS is anticipated to further boost the company's stock price and provide capital for investments. As the transformation progresses, investors are confident in ThyssenKrupp's strategic realignment, with initial signs of improved profitability in its industrial participations.
