UniDevice AG: AlsterResearch initiates coverage

Schönefeld (pta020/24.04.2023/11:31 UTC+2)

Schönefeld, April 24, 2023 - UniDevice AG (ISIN: DE000A11QLU3) announces that AlsterResearch started coverage today. With a target price of EUR 3.50 and a BUY recommendation, the experts see significant upside potential. While the margins of a B2B broker for communication and consumer electronics are usually wafer thin, UniDevice benefits from an extremely fast inventory turnover, which ultimately enables a sustainable profitable business and return on capital employed (ROCE) of typically 13%. In connection with a PER of 6.5x and a dividend yield of almost 9%, this is an attractive buying opportunity according to AlsterResearch. The complete analysis can be found at https://www.research-hub.de/companies/UniDevice%20AG.

UniDevice offers interested investors the opportunity to take part in a digital roundtable with CEO Dr. Christian Pahl to participate. Registration is free of charge at

https://research-hub.de/events/registration/2023-05-31-14-00/UDC-GR.

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Emitter:	UniDevice AG Mittelstraße 7 12529 Schönefeld Germany
Contact Person:	Christian Pahl
Phone:	+49 30 63415600
E-Mail:	info@unidevice.de
Website:	www.unidevice.de
ISIN(s):	DE000A11QLU3 (Share)
Stock Exchange(s):	Free Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Munich (m:access), Stuttgart, Tradegate