VIA OPTRONICS AG (VIAO)

US91823Y1091 - ADR

0.835  +0.04 (+5.7%)

Fundamental Rating

2

Taking everything into account, VIAO scores 2 out of 10 in our fundamental rating. VIAO was compared to 128 industry peers in the Electronic Equipment, Instruments & Components industry. VIAO has a bad profitability rating. Also its financial health evaluation is rather negative. VIAO is valied quite expensively at the moment, while it does show a decent growth rate.



0

1. Profitability

1.1 Basic Checks

VIAO had negative earnings in the past year.
VIAO had negative earnings in 4 of the past 5 years.
In the past 5 years VIAO reported 4 times negative operating cash flow.

1.2 Ratios

VIAO has a Return On Assets of -7.48%. This is in the lower half of the industry: VIAO underperforms 65.08% of its industry peers.
VIAO has a worse Return On Equity (-19.25%) than 67.46% of its industry peers.
Industry RankSector Rank
ROA -7.48%
ROE -19.25%
ROIC N/A
ROA(3y)-6.02%
ROA(5y)-6.14%
ROE(3y)-14.57%
ROE(5y)-362.29%
ROIC(3y)N/A
ROIC(5y)N/A

1.3 Margins

Looking at the Gross Margin, with a value of 10.29%, VIAO is doing worse than 76.98% of the companies in the same industry.
In the last couple of years the Gross Margin of VIAO has declined.
VIAO does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 10.29%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y12.21%
GM growth 5Y-5.39%

2

2. Health

2.1 Basic Checks

VIAO does not have a ROIC to compare to the WACC, probably because it is not profitable.
VIAO has more shares outstanding than it did 1 year ago.
The debt/assets ratio for VIAO is higher compared to a year ago.

2.2 Solvency

An Altman-Z score of 2.40 indicates that VIAO is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.40, VIAO is doing worse than 60.32% of the companies in the same industry.
VIAO has a Debt/Equity ratio of 0.68. This is a neutral value indicating VIAO is somewhat dependend on debt financing.
VIAO has a Debt to Equity ratio of 0.68. This is amonst the worse of the industry: VIAO underperforms 84.13% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.68
Debt/FCF N/A
Altman-Z 2.4
ROIC/WACCN/A
WACC3.82%

2.3 Liquidity

A Current Ratio of 1.45 indicates that VIAO should not have too much problems paying its short term obligations.
VIAO has a Current ratio of 1.45. This is in the lower half of the industry: VIAO underperforms 78.57% of its industry peers.
A Quick Ratio of 1.16 indicates that VIAO should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.16, VIAO is not doing good in the industry: 74.60% of the companies in the same industry are doing better.
Industry RankSector Rank
Current Ratio 1.45
Quick Ratio 1.16

5

3. Growth

3.1 Past

The earnings per share for VIAO have decreased by -6.13% in the last year.
VIAO shows a strong growth in Revenue. In the last year, the Revenue has grown by 20.97%.
The Revenue has been growing by 10.77% on average over the past years. This is quite good.
EPS 1Y (TTM)-6.13%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q-6.15%
Revenue 1Y (TTM)20.97%
Revenue growth 3Y16.78%
Revenue growth 5Y10.77%
Revenue growth Q2Q18.57%

3.2 Future

Based on estimates for the next years, VIAO will show a very strong growth in Earnings Per Share. The EPS will grow by 53.43% on average per year.
Based on estimates for the next years, VIAO will show a quite strong growth in Revenue. The Revenue will grow by 8.55% on average per year.
EPS Next Y3.74%
EPS Next 2Y53.43%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year5.55%
Revenue Next 2Y8.55%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.

1

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for VIAO. In the last year negative earnings were reported.
Also next year VIAO is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A

4.3 Compensation for Growth

VIAO's earnings are expected to grow with 53.43% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y53.43%
EPS Next 3YN/A

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5. Dividend

5.1 Amount

VIAO does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

VIA OPTRONICS AG

NYSE:VIAO (3/27/2024, 8:04:00 PM)

0.835

+0.04 (+5.7%)

Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap18.92M
Analysts
Price Target
Dividend
Industry RankSector Rank
Dividend Yield N/A
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S
P/FCF
P/OCF
P/B
P/tB
EV/EBITDA
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -7.48%
ROE -19.25%
ROCE
ROIC
ROICexc
ROICexgc
OM N/A
PM (TTM) N/A
GM 10.29%
FCFM
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.6
Health
Industry RankSector Rank
Debt/Equity 0.68
Debt/FCF
Debt/EBITDA
Cap/Depr
Cap/Sales
Interest Coverage
Cash Conversion
Profit Quality
Current Ratio 1.45
Quick Ratio 1.16
Altman-Z
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-6.13%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y3.74%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)20.97%
Revenue growth 3Y16.78%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y