Fresenius SE & Co KGaA Registered Shares

FRE: XETR (DEU)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Fresenius SE: Maintaining a Narrow Moat With a EUR 48 Valuation; Shares Are Slightly Undervalued

Max Jousma

Jun 20, 2025

Business Strategy and Outlook

Fresenius is a major player in two areas of healthcare: injectable therapies and hospital operations. Through its subsidiary, Kabi, the company ranks among the leading providers of injectable pharmaceuticals worldwide. Its Helios division establishes Fresenius as the largest private hospital operator in both Germany and Spain.

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Fresenius SE & Co KGaA Registered Shares

Fresenius SE: Maintaining a Narrow Moat With a EUR 48 Valuation; Shares Are Slightly Undervalued

Business Strategy and Outlook

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