FORTEC Elektronik (FEV) AI Stock Analysis

• Market Cap: €42.42M
• Dividend Yield: 6.54%
• Average Volume (3M): 3.17K
• Price to Earnings (P/E): 18.0
• Beta (1Y): 0.29
• Revenue Growth: -15.20%
• EPS Growth: -56.36%
• Country: DE
• Employees: 246
• Sector: Technology
• Sector Strength: 88
• Industry: Technology Distributors
• EPS (TTM): 0.23
• Shares Outstanding: 3,250,436
• 10 Day Avg. Volume: 5,446
• 30 Day Avg. Volume: 3,166
• PEG Ratio: -0.40
• Price to Book (P/B): 1.09
• Price to Sales (P/S): 0.67
• P/FCF Ratio: 4.78
• 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

• Rating: 64 Neutral
• Price Target: €15.50 ▲(19.23% Upside)

FORTEC Elektronik's strong financial performance, characterized by solid financial stability and cash flow management, is the primary driver of its stock score. However, technical analysis indicates bearish momentum, and while the stock is fairly valued, investors should be cautious of the lack of revenue growth.

FORTEC Elektronik Business Overview & Revenue Model

Company Description

FORTEC Elektronik (FEV) is a company specializing in electronic components and systems. It operates in the sectors of industrial and medical technology, providing a range of products and services including displays, embedded systems, and power supplies. The company is known for delivering high-quality, customized solutions to meet the specific needs of its diverse clientele.

How the Company Makes Money

FORTEC Elektronik makes money through the sale of electronic components and systems. Its key revenue streams include the distribution of display technologies, embedded computing systems, and power supply solutions. The company generates income by catering to the industrial and medical markets, offering both off-the-shelf products and tailored solutions to fit unique customer requirements. Significant partnerships with technology manufacturers and suppliers enhance its product offerings and market reach, contributing to its revenue generation.

FORTEC Elektronik Financial Statement Overview

Summary

FORTEC Elektronik exhibits strong financial stability with a solid balance sheet, low leverage, and efficient cash flow management. Despite a decline in revenue growth, profitability margins remain healthy.

Income Statement

FORTEC Elektronik has shown strong revenue stability with a slight decrease in the latest year, yet maintaining a competitive gross profit margin of 15.1% and a net profit margin of 5.6%. The EBIT margin stands healthy at 7.5% and EBITDA margin at 9.5%, indicating efficient operational management. However, the revenue growth rate has turned negative, which is a concern for future profitability.

Balance Sheet

The company exhibits a robust financial position with a low debt-to-equity ratio of 0.11, suggesting minimal leverage and financial risk. The return on equity is solid at 9.2%, and the equity ratio of 73.3% indicates strong asset financing through equity. This implies financial stability and low risk for creditors and investors.

Cash Flow

FORTEC Elektronik has demonstrated exceptional free cash flow growth and a strong operating cash flow to net income ratio of 2.59, indicating effective cash generation from operations. The free cash flow to net income ratio of 2.48 further supports the company's capability to fund its operations and growth initiatives without external financing.

Breakdown	TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement
Total Revenue	82.78M	94.53M	105.85M	89.03M	77.43M	87.73M
Gross Profit	27.87M	32.56M	35.27M	29.12M	23.92M	27.27M
EBITDA	4.87M	8.98M	12.31M	10.06M	7.16M	8.46M
Net Income	2.33M	5.30M	7.55M	6.25M	3.88M	4.93M
Balance Sheet
Total Assets	77.55M	78.80M	76.30M	70.84M	64.01M	64.59M
Cash, Cash Equivalents and Short-Term Investments	21.18M	22.26M	13.39M	13.46M	14.83M	8.86M
Total Debt	7.55M	6.29M	6.62M	7.88M	9.55M	11.02M
Total Liabilities	21.51M	21.04M	21.30M	20.98M	19.47M	21.79M
Stockholders Equity	56.04M	57.77M	55.00M	49.85M	44.54M	42.80M
Cash Flow
Free Cash Flow	0.00	13.19M	4.49M	1.87M	9.92M	2.69M
Operating Cash Flow	0.00	13.75M	5.00M	2.11M	10.18M	3.58M
Investing Cash Flow	0.00	-540.00K	-495.00K	-216.00K	-251.00K	618.69K
Financing Cash Flow	0.00	-4.24M	-4.10M	-4.14M	-4.15M	-4.74M

FORTEC Elektronik Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 13.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:FEV, the sentiment is Negative. The current price of 13 is below the 20-day moving average (MA) of 13.67, below the 50-day MA of 14.34, and below the 200-day MA of 15.47, indicating a bearish trend. The MACD of -0.47 indicates Positive momentum. The RSI at 32.85 is Neutral, neither overbought nor oversold. The STOCH value of 31.29 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for DE:FEV.

FORTEC Elektronik Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
OBS	―	€55.87M	15.95	10.88%	1.69%	2.84%	21.48%
FEV	―	€42.42M	18.05	―	6.54%	-15.20%	-56.36%
Sector *	―	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
CYR	―	€47.65M	―	-6.83%	―	98.99%	87.57%
SYZ	―	€23.96M	―	-42.79%	―	-9.58%	-820.12%