VAT GROUP AG (19V.DE) Stock Fundamental Analysis
FRA:19V - Deutsche Boerse Ag - CH0311864901 - Common Stock - Currency: EUR
19V gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 108 industry peers in the Machinery industry. Both the health and profitability get an excellent rating, making 19V a very profitable company, without any liquidiy or solvency issues. 19V is valued quite expensively, but it does show have an excellent growth rating. With these ratings, 19V could be worth investigating further for growth and quality investing!.
1. Profitability
1.1 Basic Checks
19V had positive earnings in the past year.
In the past year 19V had a positive cash flow from operations.
In the past 5 years 19V has always been profitable.
Each year in the past 5 years 19V had a positive operating cash flow.
1.2 Ratios
The Return On Assets of 19V (16.36%) is better than 95.37% of its industry peers.
The Return On Equity of 19V (28.09%) is better than 92.59% of its industry peers.
19V has a Return On Invested Capital of 20.58%. This is amongst the best in the industry. 19V outperforms 93.52% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for 19V is significantly above the industry average of 9.09%.
The 3 year average ROIC (26.05%) for 19V is well above the current ROIC(20.58%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.36% | ||
| ROE | 28.09% | ||
| ROIC | 20.58% |
ROA(3y)18.9%
ROA(5y)18.01%
ROE(3y)30.85%
ROE(5y)30.06%
ROIC(3y)26.05%
ROIC(5y)24.36%
1.3 Margins
The Profit Margin of 19V (22.48%) is better than 100.00% of its industry peers.
In the last couple of years the Profit Margin of 19V has grown nicely.
19V's Operating Margin of 26.55% is amongst the best of the industry. 19V outperforms 98.15% of its industry peers.
In the last couple of years the Operating Margin of 19V has grown nicely.
Looking at the Gross Margin, with a value of 66.45%, 19V belongs to the top of the industry, outperforming 93.52% of the companies in the same industry.
19V's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26.55% | ||
| PM (TTM) | 22.48% | ||
| GM | 66.45% |
OM growth 3Y-2.68%
OM growth 5Y7.38%
PM growth 3Y-2.33%
PM growth 5Y11.38%
GM growth 3Y2.06%
GM growth 5Y2.14%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), 19V is creating value.
The number of shares outstanding for 19V remains at a similar level compared to 1 year ago.
Compared to 5 years ago, 19V has about the same amount of shares outstanding.
19V has a worse debt/assets ratio than last year.
2.2 Solvency
19V has an Altman-Z score of 13.57. This indicates that 19V is financially healthy and has little risk of bankruptcy at the moment.
19V has a Altman-Z score of 13.57. This is amongst the best in the industry. 19V outperforms 98.15% of its industry peers.
The Debt to FCF ratio of 19V is 1.31, which is an excellent value as it means it would take 19V, only 1.31 years of fcf income to pay off all of its debts.
19V has a Debt to FCF ratio of 1.31. This is amongst the best in the industry. 19V outperforms 85.19% of its industry peers.
A Debt/Equity ratio of 0.32 indicates that 19V is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.32, 19V perfoms like the industry average, outperforming 49.07% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 1.31 | ||
| Altman-Z | 13.57 |
ROIC/WACC4.2
WACC4.9%
2.3 Liquidity
19V has a Current Ratio of 2.46. This indicates that 19V is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 2.46, 19V belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
19V has a Quick Ratio of 1.37. This is a normal value and indicates that 19V is financially healthy and should not expect problems in meeting its short term obligations.
19V has a better Quick ratio (1.37) than 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.46 | ||
| Quick Ratio | 1.37 |
3. Growth
3.1 Past
19V shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 11.22%, which is quite good.
The Earnings Per Share has been growing by 23.18% on average over the past years. This is a very strong growth
The Revenue has been growing slightly by 6.43% in the past year.
19V shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.56% yearly.
EPS 1Y (TTM)11.22%
EPS 3Y-0.83%
EPS 5Y23.18%
EPS Q2Q%11.09%
Revenue 1Y (TTM)6.43%
Revenue growth 3Y1.49%
Revenue growth 5Y10.56%
Sales Q2Q%-34.38%
3.2 Future
Based on estimates for the next years, 19V will show a very strong growth in Earnings Per Share. The EPS will grow by 22.48% on average per year.
19V is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 13.41% yearly.
EPS Next Y31.61%
EPS Next 2Y26.24%
EPS Next 3Y23.45%
EPS Next 5Y22.48%
Revenue Next Year17.98%
Revenue Next 2Y16.53%
Revenue Next 3Y16.13%
Revenue Next 5Y13.41%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
19V is valuated quite expensively with a Price/Earnings ratio of 47.14.
Based on the Price/Earnings ratio, 19V is valued a bit more expensive than the industry average as 63.89% of the companies are valued more cheaply.
Compared to an average S&P500 Price/Earnings ratio of 26.34, 19V is valued quite expensively.
The Price/Forward Earnings ratio is 36.23, which means the current valuation is very expensive for 19V.
19V's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. 19V is more expensive than 75.00% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.19. 19V is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 47.14 | ||
| Fwd PE | 36.23 |
4.2 Price Multiples
78.70% of the companies in the same industry are cheaper than 19V, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of 19V indicates a slightly more expensive valuation: 19V is more expensive than 66.67% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 53.91 | ||
| EV/EBITDA | 34.24 |
4.3 Compensation for Growth
19V's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The excellent profitability rating of 19V may justify a higher PE ratio.
19V's earnings are expected to grow with 23.45% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.49
PEG (5Y)2.03
EPS Next 2Y26.24%
EPS Next 3Y23.45%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.85%, 19V has a reasonable but not impressive dividend return.
19V's Dividend Yield is a higher than the industry average which is at 2.65.
19V's Dividend Yield is slightly below the S&P500 average, which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.85% |
5.2 History
On average, the dividend of 19V grows each year by 9.36%, which is quite nice.
Dividend Growth(5Y)9.36%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
88.49% of the earnings are spent on dividend by 19V. This is not a sustainable payout ratio.
The dividend of 19V is growing, but earnings are growing more, so the dividend growth is sustainable.
DP88.49%
EPS Next 2Y26.24%
EPS Next 3Y23.45%
FRA:19V (6/19/2025, 7:00:00 PM)
354
-4.6 (-1.28%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners41.15%
Inst Owner ChangeN/A
Ins Owners10.19%
Ins Owner ChangeN/A
Market Cap10.62B
Analysts71.67
Price Target371 (4.8%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.85% |
Yearly Dividend6.68
Dividend Growth(5Y)9.36%
DP88.49%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)N/A
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)N/A
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 47.14 | ||
| Fwd PE | 36.23 | ||
| P/S | 10.58 | ||
| P/FCF | 53.91 | ||
| P/OCF | 41.44 | ||
| P/B | 13.23 | ||
| P/tB | 32.64 | ||
| EV/EBITDA | 34.24 |
EPS(TTM)7.51
EY2.12%
EPS(NY)9.77
Fwd EY2.76%
FCF(TTM)6.57
FCFY1.86%
OCF(TTM)8.54
OCFY2.41%
SpS33.45
BVpS26.76
TBVpS10.85
PEG (NY)1.49
PEG (5Y)2.03
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.36% | ||
| ROE | 28.09% | ||
| ROCE | 23.42% | ||
| ROIC | 20.58% | ||
| ROICexc | 24.16% | ||
| ROICexgc | 47.62% | ||
| OM | 26.55% | ||
| PM (TTM) | 22.48% | ||
| GM | 66.45% | ||
| FCFM | 19.63% |
ROA(3y)18.9%
ROA(5y)18.01%
ROE(3y)30.85%
ROE(5y)30.06%
ROIC(3y)26.05%
ROIC(5y)24.36%
ROICexc(3y)31.64%
ROICexc(5y)29.27%
ROICexgc(3y)86.02%
ROICexgc(5y)82.27%
ROCE(3y)29.65%
ROCE(5y)27.72%
ROICexcg growth 3Y-14.87%
ROICexcg growth 5Y1.18%
ROICexc growth 3Y-6.24%
ROICexc growth 5Y12.85%
OM growth 3Y-2.68%
OM growth 5Y7.38%
PM growth 3Y-2.33%
PM growth 5Y11.38%
GM growth 3Y2.06%
GM growth 5Y2.14%
F-Score6
Asset Turnover0.73
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 1.31 | ||
| Debt/EBITDA | 0.82 | ||
| Cap/Depr | 128.01% | ||
| Cap/Sales | 5.91% | ||
| Interest Coverage | 55.98 | ||
| Cash Conversion | 81.94% | ||
| Profit Quality | 87.33% | ||
| Current Ratio | 2.46 | ||
| Quick Ratio | 1.37 | ||
| Altman-Z | 13.57 |
F-Score6
WACC4.9%
ROIC/WACC4.2
Cap/Depr(3y)151.09%
Cap/Depr(5y)120.09%
Cap/Sales(3y)6.5%
Cap/Sales(5y)5.41%
Profit Quality(3y)86.64%
Profit Quality(5y)93.06%
High Growth Momentum
Growth
EPS 1Y (TTM)11.22%
EPS 3Y-0.83%
EPS 5Y23.18%
EPS Q2Q%11.09%
EPS Next Y31.61%
EPS Next 2Y26.24%
EPS Next 3Y23.45%
EPS Next 5Y22.48%
Revenue 1Y (TTM)6.43%
Revenue growth 3Y1.49%
Revenue growth 5Y10.56%
Sales Q2Q%-34.38%
Revenue Next Year17.98%
Revenue Next 2Y16.53%
Revenue Next 3Y16.13%
Revenue Next 5Y13.41%
EBIT growth 1Y9.45%
EBIT growth 3Y-1.23%
EBIT growth 5Y18.72%
EBIT Next Year43.58%
EBIT Next 3Y25.43%
EBIT Next 5Y24.61%
FCF growth 1Y-1.17%
FCF growth 3Y-2.04%
FCF growth 5Y5.79%
OCF growth 1Y-6.15%
OCF growth 3Y0.12%
OCF growth 5Y8.82%