VAT GROUP AG (19V.DE) Stock Fundamental Analysis
Europe - FRA:19V - CH0311864901 - Common Stock
352.4 EUR
-12.6 (-3.45%)
We assign a fundamental rating of 7 out of 10 to 19V. 19V was compared to 105 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. This makes 19V very considerable 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.
Each year in the past 5 years 19V has 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 (16.46%) is better than 97.14% of its industry peers.
The Return On Equity of 19V (32.17%) is better than 95.24% of its industry peers.
The Return On Invested Capital of 19V (25.32%) is better than 97.14% of its industry peers.
19V had an Average Return On Invested Capital over the past 3 years of 26.05%. This is significantly above the industry average of 8.53%.
| 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
19V's Profit Margin of 21.26% is amongst the best of the industry. 19V outperforms 99.05% of its industry peers.
19V's Profit Margin has improved in the last couple of years.
19V has a Operating Margin of 26.50%. This is amongst the best in the industry. 19V outperforms 98.10% 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 65.96%, 19V belongs to the top of the industry, outperforming 90.48% of the companies in the same industry.
19V's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26.5% | ||
| 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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), 19V is creating value.
19V has about the same amout of shares outstanding than it did 1 year ago.
19V has about the same amout of shares outstanding than it did 5 years ago.
19V has a worse debt/assets ratio than last year.
2.2 Solvency
19V has an Altman-Z score of 11.17. This indicates that 19V is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 11.17, 19V belongs to the top of the industry, outperforming 99.05% of the companies in the same industry.
19V has a debt to FCF ratio of 1.94. This is a very positive value and a sign of high solvency as it would only need 1.94 years to pay back of all of its debts.
The Debt to FCF ratio of 19V (1.94) is better than 80.95% of its industry peers.
19V has a Debt/Equity ratio of 0.30. This is a healthy value indicating a solid balance between debt and equity.
19V has a Debt to Equity ratio of 0.30. This is comparable to the rest of the industry: 19V outperforms 54.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.3 | ||
| Debt/FCF | 1.94 | ||
| Altman-Z | 11.17 |
ROIC/WACC5.18
WACC4.89%
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 50.48% of the companies in the same industry.
19V has a Quick Ratio of 1.49. This is a bad value and indicates that 19V is not financially healthy enough and could expect problems in meeting its short term obligations.
19V has a Quick ratio (0.89) which is in line with its industry peers.
19V does not score too well on the current and quick ratio evaluation. However, as it has 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
19V shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 19.22%.
Measured over the past years, 19V shows a quite strong growth in Revenue. The Revenue has been growing by 10.56% on average per year.
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 16.92% on average per year.
The Revenue is expected to grow by 13.41% on average over the next years. This is quite good.
EPS Next Y18.79%
EPS Next 2Y18.11%
EPS Next 3Y18.86%
EPS Next 5Y16.92%
Revenue Next Year17.25%
Revenue Next 2Y13.92%
Revenue Next 3Y14.49%
Revenue Next 5Y13.41%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in 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
A Price/Earnings ratio of 43.67 indicates a quite expensive valuation of 19V.
Compared to the rest of the industry, the Price/Earnings ratio of 19V indicates a slightly more expensive valuation: 19V is more expensive than 63.81% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 27.57. 19V is valued rather expensively when compared to this.
19V is valuated quite expensively with a Price/Forward Earnings ratio of 33.45.
Compared to the rest of the industry, the Price/Forward Earnings ratio of 19V indicates a slightly more expensive valuation: 19V is more expensive than 74.29% of the companies listed in the same industry.
19V is valuated rather expensively when we compare the Price/Forward Earnings ratio to 23.09, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 43.67 | ||
| Fwd PE | 33.45 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, 19V is valued more expensive than 80.00% 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 69.52% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 46.26 | ||
| EV/EBITDA | 30.98 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
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 18.86% in the coming years.
PEG (NY)2.32
PEG (5Y)1.88
EPS Next 2Y18.11%
EPS Next 3Y18.86%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.80%, 19V has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 2.47, 19V has a dividend in line with its industry peers.
19V's Dividend Yield is slightly below the S&P500 average, which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.8% |
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 2Y18.11%
EPS Next 3Y18.86%
FRA:19V (10/22/2025, 7:00:00 PM)
352.4
-12.6 (-3.45%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners43.47%
Inst Owner ChangeN/A
Ins Owners10.19%
Ins Owner ChangeN/A
Market Cap10.57B
Revenue(TTM)1.05B
Net Income(TTM)223.37M
Analysts74.55
Price Target362.63 (2.9%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.8% |
Yearly Dividend6.75
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)0.32%
PT rev (3m)-1.83%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.07%
EPS NY rev (3m)-9.74%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.09%
Revenue NY rev (3m)-0.61%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 43.67 | ||
| Fwd PE | 33.45 | ||
| P/S | 9.29 | ||
| P/FCF | 46.26 | ||
| P/OCF | 36.3 | ||
| P/B | 14.05 | ||
| P/tB | 38.55 | ||
| EV/EBITDA | 30.98 |
EPS(TTM)8.07
EY2.29%
EPS(NY)10.54
Fwd EY2.99%
FCF(TTM)7.62
FCFY2.16%
OCF(TTM)9.71
OCFY2.75%
SpS37.95
BVpS25.08
TBVpS9.14
PEG (NY)2.32
PEG (5Y)1.88
Graham Number67.48
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%
ROICexgc growth 3Y-14.87%
ROICexgc 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 | 11.17 |
F-Score8
WACC4.89%
ROIC/WACC5.18
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 Y18.79%
EPS Next 2Y18.11%
EPS Next 3Y18.86%
EPS Next 5Y16.92%
Revenue 1Y (TTM)19.22%
Revenue growth 3Y1.49%
Revenue growth 5Y10.56%
Sales Q2Q%-37.09%
Revenue Next Year17.25%
Revenue Next 2Y13.92%
Revenue Next 3Y14.49%
Revenue Next 5Y13.41%
EBIT growth 1Y20.68%
EBIT growth 3Y-1.23%
EBIT growth 5Y18.72%
EBIT Next Year36.31%
EBIT Next 3Y22.91%
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%