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Company Description

Contact Info

Steverlyncklaan 15

Ypres, 8900

Belgium

Phone: 32 5 722 21 11

Fax: 32 5 722 22 20

Picanol NV, together with its subsidiaries, develops, manufactures, and sells weaving machines, cast iron parts, and controllers in Belgium and internationally. The company operates through two divisions, Weaving Machines and Industries. The Weaving Machines division offers high-tech weaving machines that are based on airjet or rapier technology to weaving mills; and weaving frames and reeds, training services, upgrade kits, and spare parts. It provides weaving machines through its branches, as well as through a network of agents. The Industries division offers cast iron parts to original equipment manufacturers in various market segments, such as agricultural machinery, earthmoving equipment, compressors, textile machinery, and general engineering; and custom-made controllers for textile machinery, compressors, HVAC, and fleet management sectors. It also provides a range of materials, such as titanium, inconel, cobalt-chromium, tool steel, aluminum, and others, as well as related support services, including reverse engineering and modeling, laser scanning, 3D optical measurement, and thermodynamic analysis. The company was founded in 1936 and is headquartered in Ypres, Belgium. Picanol NV is a subsidiary of Artela nv.

 

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Valuation PIC Industry Range
Price/Earnings 10.1x
Price/Sales 1.7x
Price/Book 1.5x
Price/Cash Flow 10.1x
TEV/Sales 1.4x
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