PVA TePla (TPE) AI Stock Analysis

• Market Cap: €577.68M
• Dividend Yield: N/A
• Average Volume (3M): 63.19K
• Price to Earnings (P/E): 36.8
• Beta (1Y): 1.27
• Revenue Growth: -8.62%
• EPS Growth: -38.42%
• Country: DE
• Employees: 811
• Sector: General
• Sector Strength: N/A
• Industry: Industrial - Machinery
• EPS (TTM): 0.00
• Shares Outstanding: 21,749,989
• 10 Day Avg. Volume: 50,349
• 30 Day Avg. Volume: 63,187
• PEG Ratio: 0.90
• Price to Book (P/B): 1.87
• Price to Sales (P/S): 1.04
• P/FCF Ratio: 12.77
• 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: €34.00
• Price Target Upside: 43.46% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 62 Neutral
• Price Target: €28.00 ▲(18.14% Upside)

PVA TePla's overall stock score is driven primarily by its strong financial performance, despite technical indicators showing bearish trends. Valuation is moderate, but the lack of dividend yield and mixed earnings call sentiment, including reduced guidance and profit margin pressures, weigh on the score.

Positive Factors

Strong order intake / book-to-bill

A sustained book-to-bill above 1 and strong quarterly order intake materially boost backlog and revenue visibility. This demand momentum supports production planning, steadier capacity utilization and longer-term service revenues, reducing cyclicality and improving predictability for upcoming quarters.

Solid balance sheet and equity base

Favorable leverage and rising equity provide a durable capital foundation, allowing the firm to fund R&D and selective capex internally. Conservatism on balance sheet enhances resilience to industry cycles, supports strategic investments and reduces dependency on external financing during downturns.

Improving free cash flow

Recovery to positive free cash flow signals better cash conversion and operational efficiency, enabling internal funding of R&D, maintenance and capacity expansion. Sustained FCF strengthens self-funding ability, lowers refinancing risk and supports durable investment in growth initiatives.

Negative Factors

Revenue decline and lower guidance

Reduced guidance and recent revenue weakness reflect structural timing and demand risk that impairs top-line visibility. Prolonged project delays shift revenue recognition, strain operational leverage and may force reprioritization of projects, slowing durable growth realization.

Margin pressure

Lower gross margins and higher R&D/sales expense compress profitability and reduce durable cash generation. If utilization and sales remain weak, the company may need structural cost or pricing actions to restore margins, limiting reinvestment capacity and long-term profitability resilience.

Low cash buffer and payment timing risk

A modest cash balance driven by customer payment timing narrows liquidity buffers and increases sensitivity to working capital swings. This heightens short-term financing and operational risk, potentially constraining durable investments in R&D, capex and service capabilities until cash consistency improves.

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 primarily through the sale of specialized equipment and systems used in semiconductor and photovoltaic manufacturing processes. Key revenue streams include the sale of plasma systems, vacuum systems, and other high-precision technology solutions. Additionally, the company earns money through service contracts that provide maintenance, upgrades, and technical support to its clients, ensuring the longevity and efficiency of their equipment. Significant partnerships with major players in the semiconductor and renewable energy sectors further contribute to its earnings, as these collaborations can lead to large-scale orders and long-term contracts. The company also benefits from ongoing investments in research and development, allowing it to innovate and stay competitive in rapidly evolving markets.

PVA TePla Financial Statement Overview

Summary

PVA TePla exhibits strong financial performance with consistent 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.

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	254.43M	270.12M	263.45M	205.22M	155.74M	137.04M
Gross Profit	85.54M	88.04M	77.51M	59.06M	46.76M	43.17M
EBITDA	41.71M	47.22M	41.73M	28.95M	22.70M	22.32M
Net Income	21.09M	27.07M	24.42M	17.66M	12.15M	12.73M
Balance Sheet
Total Assets	292.99M	299.46M	305.36M	290.33M	240.25M	177.25M
Cash, Cash Equivalents and Short-Term Investments	15.24M	31.37M	20.13M	27.23M	57.73M	29.73M
Total Debt	37.26M	22.39M	17.79M	8.91M	2.20M	2.95M
Total Liabilities	152.47M	149.20M	177.94M	186.24M	157.46M	107.93M
Stockholders Equity	140.52M	150.25M	127.42M	104.10M	82.79M	69.31M
Cash Flow
Free Cash Flow	16.70M	22.03M	-9.27M	-20.76M	55.43M	7.26M
Operating Cash Flow	40.85M	46.18M	2.00M	-14.07M	58.85M	8.06M
Investing Cash Flow	-28.97M	-23.33M	-10.84M	-21.28M	-33.98M	640.00K
Financing Cash Flow	-6.59M	-6.00M	7.30M	-1.30M	-1.51M	-4.31M

PVA TePla Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 23.70
• 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 23.7 is below the 20-day moving average (MA) of 23.74, above the 50-day MA of 22.88, and above the 200-day MA of 22.03, indicating a bullish trend. The MACD of 0.89 indicates Negative momentum. The RSI at 73.79 is Negative, neither overbought nor oversold. The STOCH value of 83.37 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
HDD	65 Neutral	€601.98M	14.86	8.07%	―	5.97%	―
TPE	62 Neutral	€577.68M	36.82	10.84%	―	-8.62%	-38.42%
Sector *	55 Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
F3C	49 Neutral	€240.21M	-651.89	-0.27%	―	5.15%	-101.58%
LPK	48 Neutral	€160.45M	-158.98	-1.16%	―	-1.24%	41.31%
MXHN	48 Neutral	€178.17M	815.09	0.40%	―	-1.42%	-99.55%