N.V. Bekaert S.A. (BEKSF)
N.V. Bekaert S.A. operates in the Manufacturing - Metal Fabrication industry of the Industrials sector, headquartered in Zwevegem, VL, BE. The stock last traded at $42.70, up 0.00% on the session, giving a market capitalisation of $2.06B. On trailing twelve-month figures it carries a trailing P/E of 22.66, a net margin of 2.2%. Its beta of 1.16 implies it has historically moved more than the broad market.
N.V. Bekaert S.A., established in Zwevegem, Belgium, in 1880, stands as a global innovator in steel wire processing and advanced coating solutions. The company's extensive activities are segmented into four primary divisions: Rubber Reinforcement, Steel Wire Solutions, Specialty Businesses, and the Bridon-Bekaert Ropes Group. Bekaert manufactures crucial components such as tire cord and bead wire for the automotive tire industry, alongside reinforcement wires for hoses and conveyor belts. Its Steel Wire Solutions unit delivers a broad spectrum of steel wire products and tailored solutions to diverse sectors including agriculture, energy, utilities, mining, construction, consumer goods, and general industrial applications. The Bridon-Bekaert Ropes Group supplies high-performance ropes integral to demanding fields such as surface and underground mining, offshore and onshore energy, crane and industrial operations, fishing, marine, and various structural applications. Within its Specialty Businesses, the company produces precision steel cords for elevators and timing belts, automotive cords for window regulators and heating systems, and construction materials for reinforcing concrete, masonry, plaster, and asphalt. This division also pioneers fiber technologies utilized in filtration, heat-resistant and electroconductive textiles, hydrogen electrolysis, static energy discharge, sensor development, and the semiconductor industry. Additionally, Bekaert develops advanced combustion technologies for both gas and hydrogen burners, as well as heat exchangers for residential and commercial heating.
N.V. Bekaert S.A. is most often compared with the following Industrials names: