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olivLaw · European equity research

Gefran S.p.A. GE.MI

Italy · Euronext Milan · ISIN IT0003203947 · Vertical: Listed companies from Italy

11.00EUR+0.46% · 1 dayClose 05 Nov 2026

Gefran is an Italian maker of industrial sensors and automation components with a global footprint. In 2025 the sensors segment grew faster than the group average, while automation components stalled under investment uncertainty and currency pressure.

At the close of 05 Nov 2026, Gefran S.p.A. (GE.MI) stock was 11.00 EUR (+0.46% on the day), with market capitalisation 157.3 m EUR, P/E 15.9 on diluted EPS of 0.69 EUR over the last 12 months, dividend yield 3.91%, beta 0.36, 52-week range 9.88–12.50 EUR.

Data as of · AI analysis dated · Source: ESEF annual reports and closing prices, computed by olivLaw.

Market cap
157.3 m EUR
shares as of 31 Dec 2025
P/E (TTM)
15.9
Diluted EPS TTM 0.69 · TTM to 31 Dec 2025
E/P (TTM)
6.27%
TTM to 31 Dec 2025
Dividend yield
3.91%
DPS 12m 0.43
Beta (2y)
0.36
Volatility (1y) 30%
52-week range
9.8812.50

Price history

Loading chart…

Technical reading

RSI (14)
41.5
weak (30–45)
Bollinger (20, 2)
10.82 – 11.63
in the lower half of the band · %B 0.22 · band width 7.3%
SMA 50 / 200
11.68 / 11.03
mixed trend
MACD (12, 26, 9)
-0.18 / -0.17
MACD below signal

Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).

Performance

CompanyEURO STOXX 50vs EURO STOXX 50Vertical median
1 month−6.0%−0.6%−5.3 pp—
3 months−4.8%−4.2%−0.6 pp—
6 months−6.0%+4.3%−10.3 pp—
Year to date+3.3%+7.5%−4.2 pp—
1 year−7.6%+9.9%−17.5 pp−6.1%
3 years+48.4%+49.8%−1.4 pp+7.7%
5 years−4.3%+42.8%−47.2 pp—
Max drawdown (1y)
−16.3%
10 Nov 2025 → 24 Mar 2026
Max drawdown (5y)
−40.7%
12 Nov 2021 → 30 Oct 2023
Compound annual growth (5y)
−0.9%
EURO STOXX 50 +7.4%

Price returns, dividends excluded.

Quarterly results

ESEF annual reports carry no quarters: the results are annual (below).

E/P over time

E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.

Today's P/E sits at the 100 percentile of its own 3-quarter history (min 10.6, median 11.8, max 15.4; quarters with earnings only).

Fiscal years

Fiscal year202320242025
Revenue135.2 m134.8 m141.2 m
Revenue YoYunavailable−0.3%+4.8%
Net income11.7 m11.1 m9.9 m
Net income YoYunavailable−4.4%−11.4%
Diluted EPS0.820.780.69
Diluted EPS YoYunavailable−4.9%−11.5%
net %8.6%8.3%7.0%
Free cash flowunavailableunavailableunavailable

Balance sheet & financial health

Fiscal year 2025 · 31 Dec 2025

Cash
53.1 m EUR
Financial debt
11.7 m EUR
Net debt
-41.4 m EUR
Equity
100.8 m EUR
Total assets
163.5 m EUR
Debt / equity
0.12x
Current ratio
2.20x
ROE
9.9%
ROA
6.1%
FCF margin
unavailable

Financial statements (source on every figure)

Revenue and net income (EUR)

Margins

Income statement · EUR

Revenue
2023
135.2 m
2024
134.8 m
2025
141.2 m

esef· 07 Apr 2026verified

Operating income
2023
16.6 m
2024
15.1 m
2025
14.3 m

esef· 07 Apr 2026verified

Pre-tax income
2023
16.8 m
2024
15.4 m
2025
13.6 m

esef· 07 Apr 2026verified

Income tax
2023
4.9 m
2024
4.2 m
2025
3.8 m

esef· 07 Apr 2026verified

Net income
2023
11.7 m
2024
11.1 m
2025
9.9 m

esef· 07 Apr 2026verified

Diluted EPS
2023
0.82
2024
0.78
2025
0.69

esef· 07 Apr 2026verified

Dividend per share
2023
0.40
2024
0.42
2025
0.43

esef· 07 Apr 2026verified

Balance sheet · EUR

Cash
2023
57.2 m
2024
59.6 m
2025
53.1 m

esef· 07 Apr 2026verified

Inventories
2023
17.8 m
2024
15.7 m
2025
15.2 m

esef· 07 Apr 2026verified

Current assets
2023
104.7 m
2024
102.8 m
2025
98.6 m

esef· 07 Apr 2026verified

Property, plant & equipment, net
2023
38.4 m
2024
37.6 m
2025
38.5 m

esef· 07 Apr 2026verified

Goodwill
2023
5.9 m
2024
6.1 m
2025
5.9 m

esef· 07 Apr 2026verified

Intangibles (excl. goodwill)
2023
6.4 m
2024
7.2 m
2025
8.1 m

esef· 07 Apr 2026verified

Total assets
2023
165.2 m
2024
162.7 m
2025
163.5 m

esef· 07 Apr 2026verified

Long-term debt
2023
21.4 m
2024
16.3 m
2025
11.7 m

esef· 07 Apr 2026verified

Current liabilities
2023
43.5 m
2024
40.6 m
2025
44.8 m

esef· 07 Apr 2026verified

Total liabilities
2023
71.2 m
2024
63.4 m
2025
62.7 m

esef· 07 Apr 2026verified

Equity
2023
93.9 m
2024
99.3 m
2025
100.8 m

esef· 07 Apr 2026verified

Shares outstanding at year end
2023
14.2 m
2024
14.3 m
2025
14.3 m

esef· 07 Apr 2026derived

Cash flow · EUR

Operating cash flow
2023
20.1 m
2024
26.7 m
2025
23.3 m

esef· 07 Apr 2026verified

Investing cash flow
2023
-8.1 m
2024
-6.3 m
2025
-14.1 m

esef· 07 Apr 2026verified

Financing cash flow
2023
636.0 k
2024
-17.9 m
2025
-14.6 m

esef· 07 Apr 2026verified

Dividends paid
2023
5.7 m
2024
6.0 m
2025
6.1 m

esef· 07 Apr 2026verified

Share repurchases
2023
1.3 m
2024
0
2025
—

esef· 15 Apr 2025verified

Computed indicators

Growth

Revenue growth (YoY)
4.8%
computed by olivLawFY 2025
Revenue CAGR 3Y
unavailable
input data missing
Revenue CAGR 5Y
unavailable
input data missing
EBIT growth (YoY)
-5.2%
computed by olivLawFY 2025
Net income growth (YoY)
-11.4%
computed by olivLawFY 2025
Net income CAGR 3Y
unavailable
input data missing
Net income CAGR 5Y
unavailable
input data missing
EPS growth (YoY)
-11.5%
computed by olivLawFY 2025
EPS CAGR 3Y
unavailable
input data missing
EPS CAGR 5Y
unavailable
input data missing
FCF growth (YoY)
unavailable
input data missing

Profitability

Gross margin
unavailable
input data missing
EBITDA margin
unavailable
input data missing
EBIT margin
10.2%
computed by olivLawFY 2025
Net margin
7.0%
computed by olivLawFY 2025
FCF margin
unavailable
input data missing

Returns

ROE
9.9%
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
ROA
6.1%
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
ROIC
18.0%
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
ROCE
12.1%
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
Payout ratio (EPS)
62.3%
computed by olivLawFY 2025
Payout ratio (FCF)
unavailable
input data missing

Balance sheet

Net debt
-41.4 m EUR
computed by olivLawbalance sheet at 31 Dec 2025
Net debt / EBITDA
unavailable
input data missing
Debt / equity
0.1x
computed by olivLawbalance sheet at 31 Dec 2025
Interest coverage
unavailable
input data missing

Liquidity

Current ratio
2.2x
computed by olivLawbalance sheet at 31 Dec 2025
Quick ratio
1.9x
computed by olivLawbalance sheet at 31 Dec 2025
Cash ratio
1.2x
computed by olivLawbalance sheet at 31 Dec 2025

Cash

Operating cash flow
23.3 m EUR
computed by olivLawFY 2025
Capital expenditure
unavailable
input data missing
Free cash flow
unavailable
input data missing
FCF conversion
unavailable
input data missing
Cash conversion
unavailable
input data missing

Efficiency

Days sales outstanding
unavailable
input data missing
Days inventory outstanding
unavailable
input data missing
Days payables outstanding
unavailable
input data missing
Cash conversion cycle
unavailable
input data missing

Market and valuation

Market capitalisation
157.3 m EUR
computed by olivLawbalance sheet at 31 Dec 2025
Enterprise value
115.9 m EUR
computed by olivLawbalance sheet at 31 Dec 2025
Market cap / net income TTM
15.9x
computed by olivLawFY 2025
P/E (TTM)
15.9x
computed by olivLawFY 2025
Earnings yield
6.3%
computed by olivLawFY 2025
P/B
1.6x
computed by olivLawbalance sheet at 31 Dec 2025
P/S
1.1x
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
EV/EBITDA
unavailable
input data missing
EV/EBIT
8.1x
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
EV/Sales
0.8x
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
P/FCF
unavailable
input data missing
FCF yield
unavailable
input data missing
Dividend yield
3.9%
computed by olivLawFY 2025
Shareholder yield (distributions)
3.9%
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025

1 indicators that do not apply to the sector.

Valuation

olivLaw classification

Insufficient data
What is missing
  • indicators available: 5 of at least 6
  • score weight coverage: 37.5% of at least 60%

A scoring methodology on indicators and valuation, not investment advice.

Closing price

11.00 EUR

05 Nov 2026Source: olivLaw, closing series

Market cap: 157.3 m EUR

Key indicators

Market capitalisation
157.3 m EUR
computed by olivLawbalance sheet at 31 Dec 2025
P/E (TTM)
15.9x
computed by olivLawFY 2025
P/B
1.6x
computed by olivLawbalance sheet at 31 Dec 2025
EV/EBITDA
unavailable
input data missing
ROE
9.9%
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
Net margin
7.0%
computed by olivLawFY 2025
Revenue growth (YoY)
4.8%
computed by olivLawFY 2025
Dividend yield
3.9%
computed by olivLawFY 2025

Coverage and freshness

24/37 reporting lines present
Latest full fiscal year: 2025
Latest reported period: 31 Dec 2025
Latest balance sheet date: 31 Dec 2025
Share count (cover of the latest filing), as of: 31 Dec 2025
Source: esefpublished 07 Apr 2026
verified 74derived 5

Score by group

38% · Insufficient data

Estimated value range

Low
5.09
EUR per share
Mid
7.95
EUR per share
High
11.87
EUR per share
Price: 11.00 EUR
The price is within the range
Potential to the central value: -27.8% (value / price − 1)
Margin of safety: -38.4% (1 − price / value)
Agreement between methods: high · 2 methods used · 2 independent bases

The combined range = the median of the valid methods' low, central and high values; it is not a probability interval and does not cover every result. Envelope of all methods: 4.34 – 15.77 EUR.

Valuation assumptions are editorial choices, not measured; beta is not measured.

Method ranges (EUR per share)

— — Mid · ▏ Price

Valuation methods

  • DCF (discounted cash flow)unavailable · input data missing
  • Peers: EV/EBITDAunavailable · input data missing
  • Peers: P/E4.34 – 15.77 (Mid 9.15)
    20 companies used · median multiple 13.3x · quartiles 6.3x – 22.9x
    AC5.MI, ACE.MI, ADB.MI, AEF.MI, AMP.MI, ARN.MI, ASC.MI, BC.MI, BEC.MI, CAI.MI, CIR.MI, CLF.MI, CMB.MI, COM.MI, CRL.MI, CY4.MI, DEX.MI, DIA.MI, DLG.MI, DNR.MI
  • Dividend discount (DDM)5.85 – 7.97 (Mid 6.75)

Assumptions (illustrative, editorial)

Risk-free rate
3.0%
Equity risk premium
5.5%
Beta (default)
1.00
Cost of equity
8.5%
Terminal growth
2.0%

Factor scorecard

Insufficient data

Minimum-evidence gate: indicators available: 5 of at least 6; score weight coverage: 37.5% of at least 60%

FactorValueScoreWeight used
ROIC · Quality18.0%93 (vs peers)28%
Net margin · Quality7.0%51 (vs peers)17%
FCF conversion · Qualityunavailableunavailable—
Revenue CAGR 3Y · Growthunavailableunavailable—
EPS CAGR 3Y · Growthunavailableunavailable—
Net debt / EBITDA · Balance sheetunavailableunavailable—
Interest coverage · Balance sheetunavailableunavailable—
Current ratio · Balance sheet2.2x100 (on a fixed band)11%
P/E (TTM) · Valuation15.9x50 (vs peers)28%
EV/EBITDA · Valuationunavailableunavailable—
FCF yield · Valuationunavailableunavailable—
Shareholder yield (distributions) · Returns3.9%55 (on a fixed band)17%
Payout ratio (FCF) · Returnsunavailableunavailable—

Factors without a value were dropped; the remaining weights were renormalised.

Score groups

  • Balance sheet· partial100/100 · 1/3 factors with a value
  • Growth· partialunavailable · 0/2 factors with a value
  • Quality77/100 · 2/3 factors with a value
  • Returns· partial55/100 · 1/2 factors with a value
  • Valuation· partial50/100 · 1/3 factors with a value

A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.

Memo

GEFRAN S.P.A. (GE.MI). Latest full fiscal year: 2025; data up to 2025-12-31.

Figures computed from the financial statements: revenue 141.2 m EUR in 2025; YoY growth 4.8%; net margin 7.0%; ROE 9.9%.

The estimated value range is 5.09–11.87 EUR per share (median of 2 methods, agreement: high); assumptions are illustrative. Against the central value of 7.95 EUR, the price of 11.00 EUR leaves a potential of -27.8% (value / price − 1) and a margin of safety of -38.4% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.

Insufficient data for a verdict (indicators available: 5 of at least 6; score weight coverage: 37.5% of at least 60%).

Text generated deterministically from the figures shown; no language model. Not investment advice.

What supports the thesis

  • ROIC: 18.0%
  • Current ratio: 2.2x

What contradicts it

No signal among the computed factors. That is not an absence of risk: factors without data were not assessed, and business risks (margins, inventory, demand) are in the source-based analysis.

Not assessed (insufficient data or a ratio without meaning): FCF conversion, Revenue CAGR 3Y, EPS CAGR 3Y, Net debt / EBITDA, Interest coverage, EV/EBITDA, FCF yield, Payout ratio (FCF).

Versus the vertical median

Listed companies from Italy · same country · compared with 39 companies

Multiples and returns vs the median

P/E
15.9x
vertical median 15.7x
at median
EV/EBITDA
—
vertical median 8.1x
P/S
1.1x
vertical median 1.1x
at median
P/B
1.6x
vertical median 1.1x
above median (+44.5%)
ROE
9.9%
vertical median 8.5%
above median (+16.0%)
Net margin
7.0%
vertical median 6.2%
above median (+12.5%)
EBIT margin
10.2%
vertical median 9.5%
above median (+7.1%)
Revenue YoY
4.8%
vertical median 0.4%
above median (+1,018.8%)
Net debt/EBITDA
—
vertical median 0.5x
Dividend yield
3.9%
vertical median 3.7%
above median (+6.5%)

Price rebased to 100 (monthly, 5 years)

Companies in the vertical

Market capP/EROENet marginRevenue YoY1A / 3A
DLG.MIDe' Longhi S.p.a.6.8 bn21.515.4%8.4%+8.7%+24% / +60%
ACE.MIAcea S.p.a.4.6 bn9.618.2%16.6%+0.2%−4% / +73%
DIA.MIDiasorin S.p.a.4.3 bn28.39.2%13.0%+0.8%+31% / −7%
CRL.MICarel Industries S.p.a.2.9 bn39.516.1%11.7%+8.7%+3% / +10%
AMP.MIAmplifon S.p.a.2.7 bn29.98.5%3.8%−0.6%−9% / −58%
CMB.MICembre S.p.a.1.3 bn27.020.6%18.9%+6.7%+11% / +108%
COM.MIComer Industries S.p.a.1.3 bn18.612.8%7.1%−23.0%+8% / +64%
DNR.MIIndustrie De Nora S.p.a.1.1 bn13.48.6%9.4%+1.4%−22% / −62%
ARN.MIAlerion Clean Power S.p.a. In Forma Abbreviata Alerion S.p.a.969.2 m10.423.5%41.0%+1.8%−5% / −23%
AVIO.MIAvio S.p.a.883.6 m86.82.1%1.8%+21.5%+18% / +291%
CIR.MICir S.p.a. - Compagnie Industriali Riunite783.3 m6.017.1%7.3%+1.6%+4% / +72%
ASC.MIAscopiave S.p.a.646.3 m18.04.2%17.5%+13.4%−8% / +33%
AC5.MIAcinque S.p.a.412.6 m19.64.1%3.6%+0.2%−6% / +8%
BAN.MIBasic Net S.p.a.348.0 m—-4.9%-3.5%+0.4%−30% / +5%
ADB.MIAeroporto Guglielmo Marconi Di Bologna S.p.a.324.7 m13.111.1%13.7%+9.2%−2% / +12%
CAI.MICairo Communication S.p.a.289.2 m6.48.1%4.4%−1.3%−22% / +28%
GE.MIGefran S.p.a.157.3 m15.99.9%7.0%+4.8%−1% / +26%
ECNL.MIAquafil S.p.a.129.6 m—-3.2%-0.9%−3.9%−1% / −52%
BEC.MIB&C Speakers S.p.a.118.7 m11.718.5%10.2%−1.3%−26% / −32%
ABT.MIAbitare In S.p.a.76.0 m276.00.4%0.4%+39.8%−6% / −47%
ELC.MIElica S.p.a.64.3 m—-7.8%-2.2%+1.9%−34% / −48%
DEX.MIDexelance S.p.a.50.7 m2.811.0%5.4%+12.6%−63% / −78%
CLE.MIClass Editori S.p.a.35.1 m—-29.2%-3.8%−0.7%−9% / +106%
CLF.MICaleffi - S.p.a.11.6 m5.210.9%3.8%−2.5%−4% / −10%
AEF.MIAeffe S.p.a.10.1 m0.521.9%7.7%−21.3%−59% / −86%

1- and 3-year price returns: for GE.MI from daily closes (the same as the performance table), for the other companies from month-end closes.

olivLaw engine forecast

The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.

The engine has no published run for this company yet.

Valuation scenarios (editable assumptions)

Illustrative scenarios

Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.

Bear
Allowed range: -50 … 50%
Allowed range: -100 … 100%
Allowed range: 0 … 100
Allowed range: -10 … 20%
Allowed range: 0 … 100%
Base
Allowed range: -50 … 50%
Allowed range: -100 … 100%
Allowed range: 0 … 100
Allowed range: -10 … 20%
Allowed range: 0 … 100%
Bull
Allowed range: -50 … 50%
Allowed range: -100 … 100%
Allowed range: 0 … 100
Allowed range: -10 … 20%
Allowed range: 0 … 100%
Nothing is saved.

Estimated price (EUR)

Estimated priceBearBaseBull
1 years
6.52
Total return -38% · Per year -38%
11.53
Total return 9% · Per year 9%
17.36
Total return 63% · Per year 63%
3 years
6.36
Total return -33% · Per year -12%
12.65
Total return 28% · Per year 9%
20.92
Total return 106% · Per year 27%
5 years
6.21
Total return -28% · Per year -6%
13.89
Total return 49% · Per year 8%
25.21
Total return 159% · Per year 21%
What moves the 3-year price the most
  • Exit P/E± 3.16
  • Net margin± 2.21
  • Annual revenue growth± 1.81
  • Annual dilution± 0.19

AI analysis

AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.

In brief

Gefran is an Italian maker of industrial sensors and automation components with a global footprint. In 2025 the sensors segment grew faster than the group average, while automation components stalled under investment uncertainty and currency pressure 1.

SWOT

Strengths

  • The Sensori segment grows above the group average and has an extended commercial network across several regions.
  • The company invests in R&D and in products with digital communication, positioned as a reliable partner in technology applications.
  • Order intake and backlog have grown, giving visibility on future revenue.

Weaknesses

  • Operating margin in automation components contracted sharply, mainly due to a shift in product mix.
  • Exposure to currencies and customs duties affects results reported in euro.
  • Dependence on a few key people and on internal know-how is a recognised operational risk.

Opportunities

  • If electrification and automation investment recovers, sales of power controllers could rebound.
  • Local production in China could strengthen the position in the Asian market.
  • The G-Mation platform and integration with IIoT and AI solutions could open new revenue.

Threats

  • Protectionism and customs duties could raise costs and block access to some foreign markets.
  • Aggressive competition from large operators may press prices down.
  • Cyber threats and vulnerabilities in products with IT/OT functions could cause data loss and interruptions.

Risks

  • Cyber riskhigh

    Adoption of new technologies and remote work increases exposure to cyber attacks, with possible interruptions of operations.

  • Geopolitical tensions and protectionismhigh

    Trade barriers and political instability could raise production costs and complicate supply chains.

  • Currency exposuremedium

    Movements in the dollar, renminbi and real affect reported revenue and margins.

  • Dependence on key peoplemedium

    Concentration of competences in a few individuals may affect operational continuity and technical know-how.

  • Competitive pressuremedium

    Large operators with more favourable cost structures can apply aggressive pricing.

Investment thesis

What would need to be true (bull case)

  • The Sensori segment grows faster than the group average, with demand in Italy and Asia, and orders and backlog are rising.
  • If industrial investment recovers, automation components, especially power controllers, could rebound.
  • The G-Mation platform and new products could raise value added over the medium term.

What would break the thesis

  • Operating margin in automation components has fallen sharply, and the product mix has shifted toward lower-margin segments.
  • Customs duties and currency volatility could keep eroding reported profitability.
  • Competition from large operators could limit price increases and pressure margins.

What to watch

  • Evolution of the EBIT margin in automation components2026
  • Start of local static-unit production in ChinaQ2 2026
  • Impact of customs duties on exchanges with the United States2026
  • Evolution of orders and backlog in the Sensori segmentnext 10-K

Products, market & competition

AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.

The business

Gefran organises its activity in two businesses: Sensori and Componenti per l'automazione. In 2025 the Sensori business generated revenue of 90.929 thousand euro, and automation components 56.254 thousand euro 1. Both are reported as consolidated sums including subsidiaries.

The Sensori business grew 7.4% versus 2024, driven by industrial pressure sensors, melt sensors and position transducers 1. The Italian market grew by more than 18% and Asia by 6.9%.

Automation components grew 2.4% in 2025, but profitability contracted: EBIT fell to 274 thousand euro, reflecting a shift in mix toward simpler products such as static units 1.

Segments

Sensori

The Sensori segment grew 7.4% in 2025 to 90.929 thousand euro, and orders rose 6.9% 1. The EBITDA margin stayed high at 20.6% of revenue, although currency volatility and customs duties weighed on margins 1.

Componenti per l'automazione

The automation components segment reached 56.254 thousand euro in 2025, up 2.4%, but its EBIT was only 0.5% of revenue 1. The launch of the G-Mation platform and the GRC power controllers aims to restore competitiveness.

Market context

Gefran operates in open, highly competitive markets where price, innovation and customer support for machine builders are decisive 1. The sensors business benefited from automation investment, while power control was hit by lower electrification spending.

China and emerging markets grew in 2025, while Europe and the United States slowed as uncertainty froze investment 1. A protectionist environment could raise supply chain costs.

Trends

  • Digital automation and Industry 4.0tailwind

    Demand for sensors with digital communication and for advanced control systems is rising, supported by Industry 4.0 projects 1.

  • Industrial investment uncertaintyheadwind

    Customers postponed investment in Europe and the US, weighing on sales of power controllers and regulators 1.

  • Currency volatilitymixed

    Weaker dollar, renminbi and real reduced revenue reported in euro, with mixed effects on competitiveness 1.

  • Trade protectionismheadwind

    Customs duties on exchanges with the United States and subsidiaries eroded margins, while local production in China seeks to offset this 1.

Competitive position

Gefran competes in a crowded arena with large operators that have scale economies and more competitive cost structures, allowing aggressive pricing 1. Differentiation rests on technology, reliability and service.

The company aims to gain share in Asia through local production at Gefran Automation Technology in China, shortening response times to customers 1.

  • Leading global sensor and automation groups

    The analysed sources do not name competitors, so the list stays generic.

  • Asian control component manufacturers

    Operators with scale economies and lower production costs, described as competitive pressure in the annual report.

  • European industrial automation suppliers

    Competitors in European markets, where Gefran aims to hold share through innovation.

  • Global automation groups

    Operators that can apply aggressive pricing thanks to their size.

News & filings

In the press

No news in our archive over the last 180 days.

Annual reports (ESEF)

Sources

  1. [1] Annual report, fiscal year ended 2025-12-31 (ESEF) · SEC / Gefran S.p.A. · 31 Dec 2025

Figures computed by olivLaw from ESEF annual reports and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.