UET United Electronic Technology AG (CFC) AI Stock Analysis

• Market Cap: €12.02M
• Dividend Yield: N/A
• Average Volume (3M): 4.80K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.09
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: DE
• Employees: 251
• Sector: Technology
• Sector Strength: 88
• Industry: Investment - Banking & Investment Services
• EPS (TTM): N/A
• Shares Outstanding: 16,240,000
• 10 Day Avg. Volume: 852
• 30 Day Avg. Volume: 4,798
• PEG Ratio: >-0.01
• Price to Book (P/B): 100.70
• Price to Sales (P/S): 0.31
• P/FCF Ratio: 8.31
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 50 Neutral
• Price Target: €0.59 ▲(39.29% Upside)

The score is held back primarily by weak financial performance: sharp revenue decline, a swing to operating losses, and significantly higher leverage from reduced equity. Technicals provide partial support with an ongoing uptrend, though overbought signals add risk. Valuation impact is neutral due to missing P/E and dividend yield data.

Positive Factors

Positive operating and free cash flow

Maintaining positive operating and free cash flow during a loss-making year provides a durable liquidity cushion. This supports near-term operations, debt servicing and potential restructuring without immediate capital raises, improving survivability over the next several months.

Improved gross margin

A year-over-year gross margin improvement suggests better unit economics from pricing or cost control. Structural margin gains enhance the company’s ability to restore profitability as revenue stabilizes, supporting sustainable operating leverage over the medium term.

Relatively stable total assets

A stable asset base indicates underlying operational capacity and potential collateral for financing. Combined with positive cash flow, asset stability provides a foundation for restructuring or investment that can support recovery and operations over the next 2–6 months.

Negative Factors

Sharp revenue decline and operating loss

A steep revenue drop and swing to operating losses materially weaken core profitability and scalability. Such deterioration reduces ability to cover fixed costs and preserve market share, making recovery dependent on sustained revenue growth rather than short-term fixes.

Severely increased leverage after equity erosion

Debt-to-equity rising to ~6.3x after equity erosion sharply reduces financial flexibility. High leverage raises refinancing, covenant and solvency risks, constraining investment and strategic options and increasing default risk over the medium term.

Steep free cash flow decline and cash volatility

A 75% decline in free cash flow plus historically uneven cash generation undermines the company’s internal funding capacity. Reduced and volatile FCF weakens the buffer for losses, limits reinvestment, and increases the likelihood of external financing needs in the coming months.

UET United Electronic Technology AG Business Overview & Revenue Model

Company Description

aconnic AG engages in the provision of wireline and wireless communication technologies. It offers broadband communication and energy management systems, design, engineering, installation, and maintenance services for customers. Its brands include Albis-Elcon, Albis Engineering, and Suconi. The company was founded in 2003 and is headquartered in Munich, Germany.

How the Company Makes Money

UET United Electronic Technology AG Financial Statement Overview

Summary

Fundamentals deteriorated in 2024: revenue fell sharply (-32.6%), EBIT swung to a sizable loss, and net margin dropped to -17.7%. Balance-sheet risk rose materially as equity fell and debt-to-equity increased to ~6.3x, reducing financial flexibility. Operating cash flow and free cash flow remained positive, but free cash flow declined steeply (-75.4%), reinforcing volatility.

Income Statement

Profitability and growth weakened materially. Annual revenue fell sharply in 2024 (-32.6%) after a strong 2023, and earnings swung from positive EBIT in 2023 to a sizable operating loss in 2024, with net margin dropping to -17.7%. While gross margin improved versus 2023, the business has shown inconsistent bottom-line performance over the period (profits in some years, losses in others), indicating elevated earnings volatility.

Balance Sheet

Balance-sheet risk increased meaningfully in 2024 as equity fell to a very low level while debt remained, pushing debt-to-equity up to ~6.3x (vs. ~0.36x in 2023). Returns on equity are deeply negative in 2024, signaling that recent losses have eroded the capital base. Total assets are relatively stable, but the sharp deterioration in equity reduces financial flexibility and increases leverage risk.

Cash Flow

Cash generation is a relative bright spot despite the downturn. Operating cash flow stayed positive in 2024 and free cash flow remained positive, which helps liquidity during a loss-making year. However, free cash flow declined steeply in 2024 (-75.4%), and cash flow has been uneven historically (including negative operating and free cash flow in 2020), highlighting volatility and reduced cushion versus prior years.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	35.81M	47.95M	72.74M	49.04M	41.72M	30.18M
Gross Profit	-2.55M	19.49M	14.32M	22.26M	9.88M	18.22M
EBITDA	-6.48M	―	6.52M	4.30M	5.80M	588.99K
Net Income	-11.31M	-8.51M	―	-1.16M	18.31K	-2.96M
Balance Sheet
Total Assets	49.99M	50.46M	53.87M	49.07M	48.57M	48.26M
Cash, Cash Equivalents and Short-Term Investments	538.38K	1.04M	4.23M	2.46M	3.56M	5.05M
Total Debt	1.06M	934.63K	523.39K	615.25K	701.55K	1.64M
Total Liabilities	49.88M	50.46M	52.43M	46.56M	44.96M	45.09M
Stockholders Equity	-10.83M	147.56K	1.43M	2.51M	3.61M	2.75M
Cash Flow
Free Cash Flow	1.60M	1.79M	4.08M	-77.00K	412.00K	-6.76M
Operating Cash Flow	1.69M	2.73M	6.98M	646.00K	3.19M	-2.47M
Investing Cash Flow	-1.57M	-1.47M	-4.58M	204.00K	-2.06M	-3.85M
Financing Cash Flow	-2.96M	-5.00M	-629.00K	-1.95M	-1.65M	6.37M

UET United Electronic Technology AG Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CEK	76 Outperform	€114.91M	14.67	19.64%	1.50%	88.29%	245.35%
P4O	64 Neutral	€23.04M	50.45	3.65%	―	-5.92%	-63.83%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
MBQ	56 Neutral	€7.57M	-3.28	-17.52%	―	3.89%	74.18%
CFC	50 Neutral	€12.02M	―	―	―	―	―