FORTEC Elektronik AG (DE:FEV)
XETRA:FEV
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FORTEC Elektronik
(XETRA:FEV)
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Rating:64Neutral
Price Target:
€11.50
▼(-11.54% Downside)
Action:Reiterated
Date:01/22/26
The score is primarily driven by weakening financial performance (declining revenue, compressed margins, and reduced cash flow) offset by a strong, low-leverage balance sheet. Technicals show positive trend but very overbought conditions, and valuation is tempered by a high P/E despite an attractive dividend yield.
Positive Factors
Conservative balance sheet
FEV's very low debt-to-equity (0.13) and strong equity ratio provide durable financial flexibility. Low leverage reduces refinancing and interest risk, enabling the company to fund operations, absorb demand variability, and invest selectively in product/configuration projects over the next 2-6 months.
Negative Factors
Declining revenue and thin net margins
Recent revenue contraction and a net margin of just 1.7% show persistent demand and/or pricing pressure that compresses profitability. With limited margin headroom, operational setbacks or cost increases could materially erode earnings power over the next several quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet
FEV's very low debt-to-equity (0.13) and strong equity ratio provide durable financial flexibility. Low leverage reduces refinancing and interest risk, enabling the company to fund operations, absorb demand variability, and invest selectively in product/configuration projects over the next 2-6 months.
Read all positive factors
FORTEC Elektronik (FEV) vs. iShares MSCI Germany ETF (EWG)
Market Cap
€35.10M
Dividend Yield7.76%
Average Volume (3M)1.42K
Price to Earnings (P/E)36.8
Beta (1Y)0.29
Revenue Growth-1.79%
EPS Growth-42.34%
CountryDE
Employees246
SectorTechnology
Sector Strength88
IndustryTechnology Distributors
Share Statistics
EPS (TTM)0.72
Shares Outstanding3,250,436
10 Day Avg. Volume1,588
30 Day Avg. Volume1,415
Financial Highlights & Ratios
PEG Ratio-0.52
Price to Book (P/B)0.93
Price to Sales (P/S)0.66
P/FCF Ratio45.39
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-0.01
Revenue Forecast (FY)€80.30M
FORTEC Elektronik Business Overview & Revenue Model
Company Description
FORTEC Elektronik AG provides industrial power supplies and display technologies in Germany and internationally. It operates through two segments, Data Visualisation and Power Supplies. The Data Visualisation segment offers standard kits and suppo...
How the Company Makes Money
FEV makes money primarily by selling electronics hardware and related solutions to business customers. Key revenue streams include: (1) Display technology sales: revenue from supplying industrial-grade display components and modules, and associate...
FORTEC Elektronik Financial Statement Overview
Summary
Income Statement
65
Positive
Balance Sheet
75
Positive
Cash Flow
60
Neutral
| Breakdown | TTM | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 82.78M | 79.72M | 94.53M | 105.85M | 89.03M | 77.43M |
| Gross Profit | 27.87M | 26.68M | 32.56M | 35.27M | 29.12M | 23.92M |
| EBITDA | 4.87M | 4.57M | 8.98M | 12.31M | 10.06M | 7.16M |
| Net Income | 2.33M | 1.35M | 5.30M | 7.55M | 6.25M | 3.88M |
Balance Sheet | ||||||
| Total Assets | 77.55M | 73.26M | 78.80M | 76.30M | 70.84M | 64.01M |
| Cash, Cash Equivalents and Short-Term Investments | 21.18M | 19.51M | 22.26M | 13.39M | 13.46M | 14.83M |
| Total Debt | 7.55M | 7.23M | 6.29M | 6.62M | 7.88M | 9.55M |
| Total Liabilities | 21.51M | 17.15M | 21.04M | 21.30M | 20.98M | 19.47M |
| Stockholders Equity | 56.04M | 56.11M | 57.77M | 55.00M | 49.85M | 44.54M |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 1.15M | 13.19M | 4.49M | 1.87M | 9.92M |
| Operating Cash Flow | 0.00 | 1.88M | 13.75M | 5.00M | 2.11M | 10.18M |
| Investing Cash Flow | 0.00 | -718.00K | -540.00K | -495.00K | -216.00K | -251.00K |
| Financing Cash Flow | 0.00 | -4.12M | -4.24M | -4.10M | -4.14M | -4.15M |
FORTEC Elektronik Technical Analysis
Negative
13.00
Price Trends
11.45
Negative
12.15
Negative
12.48
Negative
Market Momentum
-0.25
Negative
43.16
Neutral
46.67
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 above the 20-day moving average (MA) of 10.67, above the 50-day MA of 11.45, and above the 200-day MA of 12.48, indicating a bearish trend. The MACD of -0.25 indicates Negative momentum. The RSI at 43.16 is Neutral, neither overbought nor oversold. The STOCH value of 46.67 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
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | €797.51M | 7.37 | 8.83% | ― | 21.41% | ― | |
64 Neutral | €35.10M | 36.77 | 2.04% | 7.76% | -1.79% | -42.34% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
60 Neutral | €26.17M | -1.66 | 31.00% | ― | 25.08% | ― | |
56 Neutral | €106.49M | -74.78 | -3.14% | 0.41% | -2.89% | -711.11% | |
55 Neutral | €504.63M | -5.24 | -21.53% | ― | -12.83% | -372.97% | |
48 Neutral | €44.20M | -1.81 | -21.63% | ― | -10.52% | -25.80% |
* Technology Sector Average
DE:FEV
FORTEC Elektronik
10.80
-4.71
-30.35%
DE:BSL
Basler AG
25.75
17.40
208.38%
DE:DAM
DATA MODUL Aktiengesellschaft Produktion und Vertrieb von elektronischen Systemen
30.20
8.00
36.02%
DE:LPK
LPKF Laser & Electronics
20.60
12.42
151.83%
DE:SCE
Schweizer Electronic
6.94
3.26
88.59%
DE:V6C
Viscom AG
4.90
1.32
36.87%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.