PVA TePla (TPE) AI Stock Analysis

• Market Cap: €481.54M
• Dividend Yield: N/A
• Average Volume (3M): 57.66K
• Price to Earnings (P/E): 18.5
• Beta (1Y): 1.57
• Revenue Growth: 0.43%
• EPS Growth: 2.78%
• Country: DE
• Employees: 811
• Sector: Industrials
• Sector Strength: 89
• Industry: Industrial - Machinery
• EPS (TTM): 0.17
• Shares Outstanding: 21,749,989
• 10 Day Avg. Volume: 56,739
• 30 Day Avg. Volume: 57,664
• PEG Ratio: -4.25
• Price to Book (P/B): 3.01
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 19.99
• 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: €22.50
• Price Target Upside: 1.63% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 72 Outperform
• Price Target: €24.50 ▲(10.66%Upside)

PVA TePla's strong financial performance and positive technical indicators are significant positives for the stock. However, the high RSI and Stochastic levels suggest caution, as they indicate potential overbought conditions. Valuation is fair, though the lack of dividend yield may deter some investors.

Positive Factors

Earnings

PVA TePla's Q1 print beats on EBIT with order also slightly ahead of estimates.

Financial Performance

EBITDA margin increased to 18% from 15.8% in the prior year, driven by stronger sales in metrology.

Order Intake

Order intake up 9% YoY and up 6.1% sequentially, driven by the industrials segment.

Negative Factors

Investment Strategy

PVA's decision to front load investments as it aims to expand its capacities could further weigh on margins in case of customer order delays.

Macro Uncertainty

Additional macro uncertainty should weigh on a further re-rating for now.

Revenue Target

Investors are skeptical of PVA's €500m revenue target for 2028 due to its current low trading values.

PVA TePla Business Overview & Revenue Model

Company Description

PVA TePla (TPE) is a prominent player in the field of high-tech industrial equipment, primarily focusing on the development and manufacturing of systems related to crystal growing, vacuum and high-temperature technologies. The company serves a variety of sectors including semiconductor, photovoltaic, and materials industries, offering solutions that are critical for the production and refinement of advanced materials and components. PVA TePla’s product portfolio includes crystal growing systems, vacuum systems, as well as metrology and analytical equipment.

How the Company Makes Money

PVA TePla generates revenue through the sale of its specialized equipment to industries that require advanced manufacturing processes, particularly in the semiconductor and photovoltaic sectors. The company’s key revenue streams include the sale of crystal growing systems which are crucial for semiconductor wafer production, vacuum systems used in various high-tech manufacturing processes, and metrology and analytical tools that ensure quality and precision in materials processing. Additionally, PVA TePla engages in service contracts and maintenance agreements, providing ongoing support and technical expertise to its clients. Strategic partnerships with leading technology firms and research institutions also enhance its market reach and technological capabilities, contributing to its revenue generation.

PVA TePla Financial Statement Overview

Summary

PVA TePla demonstrates strong financial performance with consistent revenue growth, robust profitability, and a solid balance sheet. However, the need for careful cost management and monitoring of liabilities is noted.

Income Statement

PVA TePla has demonstrated consistent revenue growth over the years, with a significant increase from 2020 to 2024. The gross profit and net profit margins are healthy, supported by robust EBIT and EBITDA margins. The company's ability to maintain profitability while expanding its revenue base is commendable, although marginal declines in certain years suggest a need for careful cost management.

Balance Sheet

The company's balance sheet is solid, with a favorable debt-to-equity ratio and increasing stockholders' equity over time. The equity ratio indicates a strong capital foundation, although the slight increase in total liabilities warrants monitoring. Overall, the balance sheet reflects financial stability with a cautious approach to leveraging.

Cash Flow

PVA TePla has shown improvement in free cash flow, recovering from negative figures in 2022 to positive in 2024. The operating cash flow to net income ratio suggests efficient cash generation from operations, though historical fluctuations in cash flow highlight potential volatility in cash management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	267.52M	270.12M	263.45M	205.22M	155.74M	137.04M
Gross Profit	88.85M	88.04M	77.51M	59.06M	46.76M	43.17M
EBITDA	46.05M	48.62M	41.73M	28.95M	22.70M	22.32M
Net Income	25.91M	27.07M	24.42M	17.66M	12.15M	12.73M
Balance Sheet
Total Assets	303.64M	299.46M	305.36M	290.33M	240.25M	177.25M
Cash, Cash Equivalents and Short-Term Investments	18.42M	31.37M	20.13M	46.13M	57.73M	29.73M
Total Debt	23.97M	24.58M	17.79M	8.91M	2.20M	2.95M
Total Liabilities	158.09M	149.20M	177.94M	186.24M	157.46M	107.93M
Stockholders Equity	145.55M	150.25M	127.42M	104.10M	82.79M	69.31M
Cash Flow
Free Cash Flow	22.54M	19.84M	-9.27M	-20.76M	55.43M	7.26M
Operating Cash Flow	46.69M	43.99M	2.00M	-14.07M	58.85M	8.06M
Investing Cash Flow	-31.47M	-24.03M	-10.84M	-21.28M	-33.98M	640.00K
Financing Cash Flow	-11.56M	-6.00M	7.30M	-1.30M	-1.51M	-4.31M

PVA TePla Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 22.14
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:TPE, the sentiment is Positive. The current price of 22.14 is above the 20-day moving average (MA) of 20.65, above the 50-day MA of 18.71, and above the 200-day MA of 14.85, indicating a bullish trend. The MACD of 0.86 indicates Positive momentum. The RSI at 70.14 is Negative, neither overbought nor oversold. The STOCH value of 71.68 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for DE:TPE.

PVA TePla Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TPE	72 Outperform	€481.54M	18.54	18.64%	―	0.43%	2.78%
HDD	70 Neutral	€490.59M	89.06	1.03%	―	-4.78%	-85.87%
MXHN	68 Neutral	€245.81M	4.58	1.95%	―	-8.62%	345.79%
Sector *	67 Neutral	€8.41B	21.21	6.46%	4.79%	1.89%	-38.99%
F3C	66 Neutral	€389.35M	59.99	4.70%	―	9.62%	-73.29%
LPK	52 Neutral	€212.14M	―	-4.83%	―	-1.16%	-357.12%