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Trades about 118% below its sector, cheaper than its peers on earnings.
Since its establishment in 1998, HWA AG, based in Affalterbach, Germany, has specialized in the development, engineering, and production of sophisticated technology for both competitive racing and road-going passenger cars. The company operates globally, with a presence in Germany, Australia, and the United States, structured into two key divisions: Motor Racing and Vehicles/Vehicle Components. Within motorsport, HWA AG actively participates in the FIA Formula 2 and FIA Formula 3 championships under the HWA RACELAB moniker. Additionally, it serves as the official racing team for the Mercedes-Benz EQ Formula E team in the ABB FIA Formula E championship. Beyond its racing endeavors, HWA AG manufactures exclusive, limited-edition sports cars suitable for public roads, including specific models like the Mercedes-AMG GT4 and GT3 MY. The company further provides a wide array of services to the automotive industry, covering vehicle components, spare parts, mechanical assembly, modeling, logistics, and comprehensive after-sales support.
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