PVA TePla (TPE) AI Stock Analysis

• Market Cap: €437.17M
• Dividend Yield: N/A
• Average Volume (3M): 59.93K
• Price to Earnings (P/E): 16.8
• Beta (1Y): 1.63
• Revenue Growth: 0.43%
• EPS Growth: 2.78%
• Country: DE
• Employees: 811
• Sector: Industrials
• Sector Strength: 87
• Industry: Industrial - Machinery
• EPS (TTM): 0.17
• Shares Outstanding: 21,749,989
• 10 Day Avg. Volume: 50,622
• 30 Day Avg. Volume: 59,929
• PEG Ratio: 0.51
• Price to Book (P/B): 3.88
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -19.44
• 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: 11.94% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 73 Outperform
• Price Target: €22.50 ▲(11.94%Upside)

PVA TePla's strong financial performance and solid valuation underpin its overall score. Technical analysis suggests bullish momentum, although overbought conditions warrant caution. The lack of earnings call insights or corporate events does not impact the score.

Positive Factors

Financial Performance

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

Market Recovery

PVA TePla provided qualitative commentary expecting a gradual recovery in key industries such as semiconductors and automotive.

Metrology

Higher demand for metrology equipment is driving order intake ahead year over year and quarter over quarter.

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.

Market Uncertainty

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

Revenue Targets

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 AG, together with its subsidiaries, manufactures and sells systems for the production and refinement of high-tech materials worldwide. It operates through two segments, Industrial Systems and Semiconductor Systems. The Industrial Systems division provides structural material technologies for semiconductor, aviation and aerospace, energy technology, and hard metal tools industries; and engages in the vacuum brazing, vacuum heat treatment, and diffusion bonding activities. The Semiconductor Systems division offers crystal growing systems, including silicon wafer technologies for microelectronics and silicon carbide wafer technologies for high-performance electronics; metrology systems comprising technologies for non-destructive quality control of wafers, semiconductor parts, and high-tech industrial material; and plasma systems, such as production technologies for micro-electronic mechanical systems and high-brightness light-emitting diodes, as well as technologies for the fabrication of ultrathin wafers. The company is headquartered in Wettenberg, Germany.

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 presents a strong financial profile with steady revenue growth, robust profitability, and a solid balance sheet. The company has improved its cash flow position, though careful monitoring of liabilities and cash flow consistency is advisable. Overall, it indicates a well-managed company with growth potential.

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	270.57M	270.12M	263.45M	205.22M	155.74M	137.04M
Gross Profit	83.75M	88.04M	77.51M	59.06M	46.76M	43.17M
EBITDA	44.77M	48.62M	41.73M	28.95M	22.70M	22.32M
Net Income	25.48M	27.07M	24.42M	17.66M	12.15M	12.73M
Balance Sheet
Total Assets	311.08M	299.46M	305.36M	290.33M	240.25M	177.25M
Cash, Cash Equivalents and Short-Term Investments	21.98M	31.37M	20.13M	46.13M	57.73M	29.73M
Total Debt	0.00	24.58M	17.79M	8.91M	2.20M	2.95M
Total Liabilities	165.98M	149.20M	177.94M	186.24M	157.46M	107.93M
Stockholders Equity	145.10M	150.25M	127.42M	104.10M	82.79M	69.31M
Cash Flow
Free Cash Flow	12.37M	19.84M	-9.27M	-20.76M	55.43M	7.26M
Operating Cash Flow	23.64M	43.99M	2.00M	-14.07M	58.85M	8.06M
Investing Cash Flow	-25.07M	-24.03M	-10.84M	-21.28M	-33.98M	640.00K
Financing Cash Flow	8.28M	-3.10M	7.30M	-1.30M	-1.51M	-4.31M

PVA TePla Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 20.10
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

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 20.1 is above the 20-day moving average (MA) of 18.38, above the 50-day MA of 17.30, and above the 200-day MA of 14.23, indicating a bullish trend. The MACD of 0.72 indicates Negative momentum. The RSI at 72.77 is Negative, neither overbought nor oversold. The STOCH value of 89.73 is Negative, 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	73 Outperform	€437.17M	16.83	18.64%	―	0.43%	2.78%
Sector *	65 Neutral	$10.56B	15.49	5.57%	1.96%	2.71%	-26.28%
0OC2		€447.37M	80.99	1.03%	―	―	―
0ND2		€200.87M	―	-4.83%	―	―	―
0RK5		€246.63M	4.41	1.95%	―	―	―
0MVY		€384.14M	59.16	4.70%	―	―	―
HG1		€448.68M	8.93	38.99%	3.08%	―	―