Stevanato Group SpA
STVN: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.! | LOCK|rMp! | LOCK|Z&?R&K |
Stevanato Sees Strong Q4 Sales and Margin Growth Driven by Greater-Than-Expected High-Value Sales
Narrow-moat Stevanato had a nice finish to 2021, exceeding both our forecasts and company guidance, and our view of an accelerated shift toward high-value solutions appears to be playing out. We maintain our $21.50 fair value estimate; shares look moderately undervalued.
