Mühlbauer Holding went into this earnings season with a value label and a share price that has barely moved over the past month, yet the latest numbers tell a more forceful story. The stock closed at €39.6 on 30 July while the trailing twelve month net profit margin now sits at 6.6%, up from 2.6% a year earlier, and earnings have risen sharply over that period. The headline today is clear: profitability in this machinery specialist has recovered far faster than the share price suggests.

If you like the recovery in Mühlbauer Holding’s margins but want a broader set of machines and industrial stocks with similar balance sheet strength on your radar, compare this earnings story against our list of solid balance sheet and fundamentals…