VAT GROUP AG (19V.DE) Stock Fundamental Analysis
FRA:19V - Deutsche Boerse Ag - CH0311864901 - Common Stock - Currency: EUR
Taking everything into account, 19V scores 7 out of 10 in our fundamental rating. 19V was compared to 106 industry peers in the Machinery industry. 19V has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. 19V shows excellent growth, but is valued quite expensive already. These ratings could make 19V a good candidate for growth and quality investing.
1. Profitability
1.1 Basic Checks
In the past year 19V was profitable.
19V had a positive operating cash flow in the past year.
In the past 5 years 19V has always been profitable.
19V had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
19V's Return On Assets of 16.36% is amongst the best of the industry. 19V outperforms 96.23% of its industry peers.
Looking at the Return On Equity, with a value of 28.09%, 19V belongs to the top of the industry, outperforming 92.45% of the companies in the same industry.
19V has a Return On Invested Capital of 20.58%. This is amongst the best in the industry. 19V outperforms 95.28% 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 8.43%.
The last Return On Invested Capital (20.58%) for 19V is well below the 3 year average (26.05%), which needs to be investigated, but indicates that 19V had better years and this may not be a problem.
| 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
19V's Profit Margin of 22.48% is amongst the best of the industry. 19V outperforms 100.00% of its industry peers.
19V's Profit Margin has improved in the last couple of years.
19V has a Operating Margin of 26.55%. This is amongst the best in the industry. 19V outperforms 99.06% of its industry peers.
19V's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 66.45%, 19V belongs to the top of the industry, outperforming 94.34% of the companies in the same industry.
In the last couple of years the Gross Margin of 19V has grown nicely.
| 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
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so 19V is creating value.
Compared to 1 year ago, 19V has about the same amount of shares outstanding.
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
An Altman-Z score of 12.21 indicates that 19V is not in any danger for bankruptcy at the moment.
19V has a Altman-Z score of 12.21. This is amongst the best in the industry. 19V outperforms 99.06% 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 88.68% 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 54.72% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 1.31 | ||
| Altman-Z | 12.21 |
ROIC/WACC4.05
WACC5.08%
2.3 Liquidity
A Current Ratio of 2.46 indicates that 19V has no problem at all paying its short term obligations.
19V has a better Current ratio (2.46) than 83.02% of its industry peers.
A Quick Ratio of 1.37 indicates that 19V should not have too much problems paying its short term obligations.
19V has a Quick ratio of 1.37. This is in the better half of the industry: 19V outperforms 74.53% 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
Looking at the last year, 19V shows a small growth in Revenue. The Revenue has grown by 6.43% in the last year.
The Revenue has been growing by 10.56% on average over the past years. This is quite good.
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 22.51% on average per year.
Based on estimates for the next years, 19V will show a quite strong growth in Revenue. The Revenue will grow by 13.41% on average per year.
EPS Next Y31.61%
EPS Next 2Y26.24%
EPS Next 3Y23.45%
EPS Next 5Y22.51%
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
Based on the Price/Earnings ratio of 46.51, the valuation of 19V can be described as expensive.
Based on the Price/Earnings ratio, 19V is valued a bit more expensive than the industry average as 63.21% of the companies are valued more cheaply.
Compared to an average S&P500 Price/Earnings ratio of 24.95, 19V is valued quite expensively.
With a Price/Forward Earnings ratio of 35.77, 19V can be considered very expensive at the moment.
Based on the Price/Forward Earnings ratio, 19V is valued a bit more expensive than 67.92% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of 19V to the average of the S&P500 Index (20.99), we can say 19V is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 46.51 | ||
| Fwd PE | 35.77 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, 19V is valued a bit more expensive than the industry average as 78.30% of the companies are valued more cheaply.
19V's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. 19V is more expensive than 65.09% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 53.21 | ||
| EV/EBITDA | 30.07 |
4.3 Compensation for Growth
The 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)1.47
PEG (5Y)2.01
EPS Next 2Y26.24%
EPS Next 3Y23.45%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.07%, 19V has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 2.46, 19V pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.41, 19V has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.07% |
5.2 History
The dividend of 19V is nicely growing with an annual growth rate of 9.36%!
Dividend Growth(5Y)9.36%
Div Incr YearsN/A
Div Non Decr YearsN/A
5.3 Sustainability
19V pays out 88.49% of its income as dividend. 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 (5/13/2025, 7:00:00 PM)
350.2
+39 (+12.53%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners45.51%
Inst Owner ChangeN/A
Ins Owners10.22%
Ins Owner ChangeN/A
Market Cap10.51B
Analysts71.3
Price Target371 (5.94%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.07% |
Yearly Dividend6.68
Dividend Growth(5Y)9.36%
DP88.49%
Div Incr YearsN/A
Div Non Decr YearsN/A
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)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 46.51 | ||
| Fwd PE | 35.77 | ||
| P/S | 10.45 | ||
| P/FCF | 53.21 | ||
| P/OCF | 40.9 | ||
| P/B | 13.06 | ||
| P/tB | 32.22 | ||
| EV/EBITDA | 30.07 |
EPS(TTM)7.53
EY2.15%
EPS(NY)9.79
Fwd EY2.8%
FCF(TTM)6.58
FCFY1.88%
OCF(TTM)8.56
OCFY2.44%
SpS33.52
BVpS26.82
TBVpS10.87
PEG (NY)1.47
PEG (5Y)2.01
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 | 12.21 |
F-Score6
WACC5.08%
ROIC/WACC4.05
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 5Y22.51%
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 Year48.49%
EBIT Next 3Y29.2%
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%