VAT Group AG (VACN) AI Stock Analysis

• Market Cap: CHF9.40B
• Dividend Yield: 1.99%
• Average Volume (3M): 121.86K
• Price to Earnings (P/E): 42.1
• Beta (1Y): 1.21
• Revenue Growth: 19.22%
• EPS Growth: 11.62%
• Country: CH
• Employees: 3,202
• Sector: Industrials
• Sector Strength: 72
• Industry: Industrial - Machinery
• EPS (TTM): 3.52
• Shares Outstanding: 30,000,000
• 10 Day Avg. Volume: 148,487
• 30 Day Avg. Volume: 121,859
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: CHF310.00
• Price Target Upside: -0.83% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 6

• Rating: 68 Neutral
• Price Target: CHF372.00 ▲(19.00% Upside)

VAT Group AG's strong financial performance, characterized by consistent revenue growth and a solid balance sheet, is the primary driver of its stock score. The technical analysis indicates a positive trend, although overbought conditions suggest caution. The high P/E ratio raises valuation concerns, slightly offsetting the overall score.

Positive Factors

Negative Factors

VAT Group AG Business Overview & Revenue Model

Company Description

VAT Group AG, together with its subsidiaries, develops, manufactures, and supplies vacuum valves in Switzerland, rest of Europe, the United States, Japan, Korea, Singapore, China, rest of Asia, and internationally. The company operates through two segments, Valves and Global Service. The Valves segment offers vacuum valves for the semiconductor, displays, photovoltaics, and vacuum coating industries, as well as for the industrial and research sectors. The Global Service segment provides spare parts, repairs, and upgrades, as well as support services. It also offers gas inlet valves, multi valve modules, vacuum chambers with integrated valves, motion and mechanical components, and edge-welded metal bellows. VAT Group AG was founded in 1965 is headquartered in Sennwald, Switzerland.

How the Company Makes Money

VAT Group AG generates revenue primarily through the sale of its vacuum valves and related products to customers in the semiconductor and industrial manufacturing sectors. The company has a diversified revenue model that includes direct sales to end-users, as well as sales through distributors and partners. Key revenue streams include the sale of new equipment, aftermarket services, and maintenance contracts, which provide ongoing revenue from existing customers. Additionally, VAT Group AG benefits from strategic partnerships with major players in the semiconductor industry, which help enhance its market position and drive sales. The company's focus on research and development enables it to introduce innovative products that meet the evolving needs of its customers, further supporting its revenue growth.

VAT Group AG Financial Statement Overview

Summary

VAT Group AG exhibits strong financial health with consistent revenue growth and a solid balance sheet. The company shows low leverage and positive cash flow, positioning it well for future growth. However, a temporary dip in EBIT Margin and declining Free Cash Flow growth rate highlight potential operational and cash conversion concerns.

Income Statement

VAT Group AG has shown steady revenue growth over the years, with significant improvements in income metrics. The Gross Profit Margin has been strong, indicating efficient cost management. However, EBIT Margin dropped to zero in the most recent period, raising concerns about operational efficiency.

Balance Sheet

The company presents a solid balance sheet with zero total debt in the latest period, indicating financial stability. The Equity Ratio is healthy, and Return on Equity is strong, reflecting effective use of shareholder funds. Overall, the balance sheet shows low leverage and high equity, minimizing financial risks.

Cash Flow

The cash flow statement reveals robust operating cash flow, with positive Free Cash Flow in recent years. However, there is a decline in Free Cash Flow growth rate, and the operating cash flow to net income ratio has decreased, highlighting potential cash conversion issues.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	942.20M	885.32M	1.15B	901.16M	692.43M
Gross Profit	634.15M	299.64M	469.65M	336.00M	224.26M
EBITDA	303.15M	255.99M	402.28M	306.86M	200.98M
Net Income	211.80M	190.31M	306.78M	217.44M	127.94M
Balance Sheet
Total Assets	1.29B	1.17B	1.28B	1.07B	993.96M
Cash, Cash Equivalents and Short-Term Investments	158.15M	144.15M	174.40M	127.19M	137.90M
Total Debt	241.79M	207.31M	211.18M	206.94M	266.34M
Total Liabilities	540.87M	411.30M	496.58M	435.13M	449.39M
Stockholders Equity	753.88M	757.16M	780.32M	634.37M	544.57M
Cash Flow
Free Cash Flow	184.97M	187.17M	223.50M	192.00M	141.79M
Operating Cash Flow	240.64M	256.41M	289.74M	234.97M	161.08M
Investing Cash Flow	-57.39M	-67.65M	-66.22M	-44.23M	-19.22M
Financing Cash Flow	-172.50M	-205.58M	-172.58M	-201.76M	-111.75M

VAT Group AG Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 312.60
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CH:VACN, the sentiment is Neutral. The current price of 312.6 is above the 20-day moving average (MA) of 307.45, above the 50-day MA of 293.42, and below the 200-day MA of 317.22, indicating a neutral trend. The MACD of 12.41 indicates Negative momentum. The RSI at 51.77 is Neutral, neither overbought nor oversold. The STOCH value of 30.10 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for CH:VACN.

VAT Group AG Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SUN	73 Outperform	CHF4.51B	16.52	21.40%	3.19%	5.79%	13.20%
VACN	68 Neutral	CHF9.40B	42.07	32.09%	1.99%	19.22%	11.62%
BUCN	68 Neutral	CHF3.88B	17.20	12.05%	2.90%	-11.64%	-24.17%
INRN	68 Neutral	CHF2.04B	34.38	13.23%	1.29%	-3.67%	-12.95%
OERL	66 Neutral	CHF888.15M	-880.65	5.90%	7.32%	-17.75%	―
GF	60 Neutral	CHF5.07B	18.30	196.33%	2.18%	-24.42%	32.48%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

VAT Group AG Corporate Events

VAT Group AG Announces Management Change in Semiconductor Division

VAT Group AG has announced a change in its management team, with Finn Felsberg, the Executive Vice President of the Semiconductor Solutions Group, leaving the company to pursue new opportunities. During his tenure, Felsberg contributed to expanding VAT’s market position and opening new business opportunities. Urs Gantner, the CEO and former EVP of the Semiconductor Solutions Group, will temporarily manage the semiconductor activities until a successor is appointed.

The most recent analyst rating on (CH:VACN) stock is a Hold with a CHF285.00 price target. To see the full list of analyst forecasts on VAT Group AG stock, see the CH:VACN Stock Forecast page.