VAT GROUP AG (19V.DE) Stock Fundamental Analysis
FRA:19V - CH0311864901 - Common Stock
295.6 EUR
+10.9 (+3.83%)
Taking everything into account, 19V scores 7 out of 10 in our fundamental rating. 19V was compared to 105 industry peers in the Machinery industry. 19V gets an excellent profitability rating and is at the same time showing great financial health properties. 19V shows excellent growth, but is valued quite expensive already. With these ratings, 19V could be worth investigating further for growth and quality investing!.
1. Profitability
1.1 Basic Checks
In the past year 19V was profitable.
In the past year 19V had a positive cash flow from operations.
Each year in the past 5 years 19V has been profitable.
19V had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
19V has a better Return On Assets (16.46%) than 95.24% of its industry peers.
With an excellent Return On Equity value of 32.17%, 19V belongs to the best of the industry, outperforming 94.29% of the companies in the same industry.
With an excellent Return On Invested Capital value of 25.32%, 19V belongs to the best of the industry, outperforming 96.19% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for 19V is significantly above the industry average of 8.67%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.46% | ||
| ROE | 32.17% | ||
| ROIC | 25.32% |
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
With an excellent Profit Margin value of 21.26%, 19V belongs to the best of the industry, outperforming 99.05% of the companies in the same industry.
In the last couple of years the Profit Margin of 19V has grown nicely.
The Operating Margin of 19V (26.50%) is better than 98.10% of its industry peers.
In the last couple of years the Operating Margin of 19V has grown nicely.
19V has a Gross Margin of 65.96%. This is amongst the best in the industry. 19V outperforms 91.43% of its industry peers.
In the last couple of years the Gross Margin of 19V has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26.5% | ||
| PM (TTM) | 21.26% | ||
| GM | 65.96% |
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.
19V has about the same amout of shares outstanding than it did 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
An Altman-Z score of 9.60 indicates that 19V is not in any danger for bankruptcy at the moment.
19V has a better Altman-Z score (9.60) than 97.14% of its industry peers.
The Debt to FCF ratio of 19V is 1.94, which is an excellent value as it means it would take 19V, only 1.94 years of fcf income to pay off all of its debts.
19V has a Debt to FCF ratio of 1.94. This is in the better half of the industry: 19V outperforms 79.05% of its industry peers.
A Debt/Equity ratio of 0.30 indicates that 19V is not too dependend on debt financing.
19V's Debt to Equity ratio of 0.30 is in line compared to the rest of the industry. 19V outperforms 52.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.3 | ||
| Debt/FCF | 1.94 | ||
| Altman-Z | 9.6 |
ROIC/WACC5.13
WACC4.94%
2.3 Liquidity
19V has a Current Ratio of 1.49. This is a normal value and indicates that 19V is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.49, 19V perfoms like the industry average, outperforming 44.76% of the companies in the same industry.
A Quick Ratio of 0.89 indicates that 19V may have some problems paying its short term obligations.
19V's Quick ratio of 0.89 is on the low side compared to the rest of the industry. 19V is outperformed by 60.95% of its industry peers.
The current and quick ratio evaluation for 19V is rather negative, while it does have excellent solvency and profitability. These ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.49 | ||
| Quick Ratio | 0.89 |
3. Growth
3.1 Past
19V shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 11.73%, 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 quite strong growth in Revenue. The Revenue has grown by 19.22% in the last 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)11.73%
EPS 3Y-0.83%
EPS 5Y23.18%
EPS Q2Q%12.46%
Revenue 1Y (TTM)19.22%
Revenue growth 3Y1.49%
Revenue growth 5Y10.56%
Sales Q2Q%-37.09%
3.2 Future
Based on estimates for the next years, 19V will show a quite strong growth in Earnings Per Share. The EPS will grow by 17.24% 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 Y18.71%
EPS Next 2Y19%
EPS Next 3Y19.34%
EPS Next 5Y17.24%
Revenue Next Year16.63%
Revenue Next 2Y13.97%
Revenue Next 3Y14.26%
Revenue Next 5Y13.41%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 37.28, the valuation of 19V can be described as expensive.
19V's Price/Earnings is on the same level as the industry average.
When comparing the Price/Earnings ratio of 19V to the average of the S&P500 Index (27.06), we can say 19V is valued slightly more expensively.
Based on the Price/Forward Earnings ratio of 28.10, the valuation of 19V can be described as expensive.
Based on the Price/Forward Earnings ratio, 19V is valued a bit more expensive than 68.57% of the companies in the same industry.
19V is valuated rather expensively when we compare the Price/Forward Earnings ratio to 22.69, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.28 | ||
| Fwd PE | 28.1 |
4.2 Price Multiples
19V's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. 19V is more expensive than 77.14% of the companies in the same industry.
19V's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. 19V is more expensive than 64.76% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 39.45 | ||
| EV/EBITDA | 25.59 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates 19V does not grow enough to justify the current Price/Earnings ratio.
19V has an outstanding profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as 19V's earnings are expected to grow with 19.34% in the coming years.
PEG (NY)1.99
PEG (5Y)1.61
EPS Next 2Y19%
EPS Next 3Y19.34%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.32%, 19V has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 2.87, 19V pays a bit more dividend than its industry peers.
19V's Dividend Yield is comparable with the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.32% |
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
83.88% of the earnings are spent on dividend by 19V. This is not a sustainable payout ratio.
19V's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP83.88%
EPS Next 2Y19%
EPS Next 3Y19.34%
FRA:19V (9/5/2025, 7:00:00 PM)
295.6
+10.9 (+3.83%)
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 Cap8.87B
Analysts72.17
Price Target359.73 (21.69%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.32% |
Yearly Dividend6.68
Dividend Growth(5Y)9.36%
DP83.88%
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)0
Avg Revenue beat(2)-8.74%
Min Revenue beat(2)-16.17%
Max Revenue beat(2)-1.31%
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)-7.5%
PT rev (3m)-3.04%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-9.8%
EPS NY rev (3m)-9.8%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.27%
Revenue NY rev (3m)-1.14%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.28 | ||
| Fwd PE | 28.1 | ||
| P/S | 7.92 | ||
| P/FCF | 39.45 | ||
| P/OCF | 30.96 | ||
| P/B | 11.98 | ||
| P/tB | 32.88 | ||
| EV/EBITDA | 25.59 |
EPS(TTM)7.93
EY2.68%
EPS(NY)10.52
Fwd EY3.56%
FCF(TTM)7.49
FCFY2.53%
OCF(TTM)9.55
OCFY3.23%
SpS37.32
BVpS24.67
TBVpS8.99
PEG (NY)1.99
PEG (5Y)1.61
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.46% | ||
| ROE | 32.17% | ||
| ROCE | 28.81% | ||
| ROIC | 25.32% | ||
| ROICexc | 29.91% | ||
| ROICexgc | 64.93% | ||
| OM | 26.5% | ||
| PM (TTM) | 21.26% | ||
| GM | 65.96% | ||
| FCFM | 20.08% |
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-Score8
Asset Turnover0.77
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.3 | ||
| Debt/FCF | 1.94 | ||
| Debt/EBITDA | 0.64 | ||
| Cap/Depr | 128.65% | ||
| Cap/Sales | 5.51% | ||
| Interest Coverage | 68.62 | ||
| Cash Conversion | 83.11% | ||
| Profit Quality | 94.42% | ||
| Current Ratio | 1.49 | ||
| Quick Ratio | 0.89 | ||
| Altman-Z | 9.6 |
F-Score8
WACC4.94%
ROIC/WACC5.13
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)11.73%
EPS 3Y-0.83%
EPS 5Y23.18%
EPS Q2Q%12.46%
EPS Next Y18.71%
EPS Next 2Y19%
EPS Next 3Y19.34%
EPS Next 5Y17.24%
Revenue 1Y (TTM)19.22%
Revenue growth 3Y1.49%
Revenue growth 5Y10.56%
Sales Q2Q%-37.09%
Revenue Next Year16.63%
Revenue Next 2Y13.97%
Revenue Next 3Y14.26%
Revenue Next 5Y13.41%
EBIT growth 1Y20.68%
EBIT growth 3Y-1.23%
EBIT growth 5Y18.72%
EBIT Next Year43.58%
EBIT Next 3Y25.43%
EBIT Next 5Y24.61%
FCF growth 1Y13.82%
FCF growth 3Y-2.04%
FCF growth 5Y5.79%
OCF growth 1Y0.77%
OCF growth 3Y0.12%
OCF growth 5Y8.82%