VAT Group AG (VACN) AI Stock Analysis

• Market Cap: $10.14B
• Dividend Yield: 1.85%
• Average Volume (3M): 128.94K
• Price to Earnings (P/E): 45.4
• Beta (1Y): 1.28
• 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: 110,134
• 30 Day Avg. Volume: 128,937
• PEG Ratio: 4.34
• Price to Book (P/B): 13.63
• Price to Sales (P/S): 10.91
• P/FCF Ratio: 55.56
• Enterprise Value/Market Cap: 1.02
• Enterprise Value/Revenue: 9.80
• Enterprise Value/Gross Profit: 18.80
• Enterprise Value/Ebitda: 31.74
• 1Y Price Target: $348.60
• Price Target Upside: 3.08% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 10

• Rating: 68 Neutral
• Price Target: CHF372.00 ▲(9.99% 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. Despite a temporary dip in EBIT, the company's low leverage and positive cash flow position it well for future growth. Continuous monitoring of operational efficiency and cash conversion metrics is recommended.

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	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.05B	942.20M	885.32M	1.15B	901.16M	692.43M
Gross Profit	547.83M	634.15M	299.64M	469.65M	336.00M	224.26M
EBITDA	324.48M	303.15M	255.99M	402.28M	306.86M	200.98M
Net Income	223.37M	211.80M	190.31M	306.78M	217.44M	127.94M
Balance Sheet
Total Assets	1.36B	1.29B	1.17B	1.28B	1.07B	993.96M
Cash, Cash Equivalents and Short-Term Investments	148.28M	158.15M	144.15M	174.40M	127.19M	137.90M
Total Debt	410.12M	241.79M	207.31M	211.18M	206.94M	266.34M
Total Liabilities	663.12M	540.87M	411.30M	496.58M	435.13M	449.39M
Stockholders Equity	694.32M	753.88M	757.16M	780.32M	634.37M	544.57M
Cash Flow
Free Cash Flow	216.72M	184.97M	187.17M	223.50M	192.00M	141.79M
Operating Cash Flow	266.52M	240.64M	256.41M	289.74M	234.97M	161.08M
Investing Cash Flow	-62.09M	-57.39M	-67.65M	-66.22M	-44.23M	-19.22M
Financing Cash Flow	-160.25M	-172.50M	-205.58M	-172.58M	-201.76M	-111.75M

VAT Group AG Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 338.20
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CH:VACN, the sentiment is Positive. The current price of 338.2 is below the 20-day moving average (MA) of 345.19, above the 50-day MA of 309.89, and above the 200-day MA of 318.10, indicating a neutral trend. The MACD of 9.51 indicates Positive momentum. The RSI at 50.90 is Neutral, neither overbought nor oversold. The STOCH value of 19.54 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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	$4.35B	15.95	23.37%	3.30%	5.79%	13.20%
VACN	68 Neutral	$10.14B	45.37	32.09%	1.85%	19.22%	11.62%
BUCN	67 Neutral	CHF3.84B	17.01	―	2.93%	-11.64%	-24.17%
OERL	66 Neutral	CHF907.02M	16.34	―	7.17%	-17.75%	83.94%
INRN	65 Neutral	CHF1.97B	33.20	―	1.34%	-3.67%	-12.95%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
GF	62 Neutral	CHF4.76B	17.16	―	2.33%	-24.42%	32.48%

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.