View ValuationManz 将来の成長Future 基準チェック /06現在、 Manzの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Semiconductor 収益成長30.4%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報Breakeven Date Change • Dec 30No longer forecast to breakevenThe 2 analysts covering Manz no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of €3.03m in 2026. New consensus forecast suggests the company will make a loss of €10.0m in 2026.Breakeven Date Change • Sep 06Forecast breakeven date pushed back to 2026The 2 analysts covering Manz previously expected the company to break even in 2025. New consensus forecast suggests the company will make a profit of €3.03m in 2026. Average annual earnings growth of 91% is required to achieve expected profit on schedule.Breakeven Date Change • Aug 12Forecast to breakeven in 2025The 3 analysts covering Manz expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of €1.26m in 2025. Average annual earnings growth of 105% is required to achieve expected profit on schedule.Breakeven Date Change • Jul 01Forecast breakeven date pushed back to 2025The 3 analysts covering Manz previously expected the company to break even in 2024. New consensus forecast suggests losses will reduce by 16% to 2024. The company is expected to make a profit of €1.33m in 2025. Average annual earnings growth of 77% is required to achieve expected profit on schedule.Price Target Changed • Nov 10Price target decreased by 17% to €16.53Down from €19.97, the current price target is an average from 3 analysts. New target price is 51% above last closing price of €10.94. Stock is down 57% over the past year. The company is forecast to post earnings per share of €0.25 next year compared to a net loss per share of €1.50 last year.Price Target Changed • Nov 16Price target decreased to €35.33Down from €46.50, the current price target is an average from 3 analysts. New target price is 39% above last closing price of €25.50. The company is forecast to post a net loss per share of €0.34 next year compared to a net loss per share of €2.89 last year.すべての更新を表示Recent updatesBreakeven Date Change • Dec 30No longer forecast to breakevenThe 2 analysts covering Manz no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of €3.03m in 2026. New consensus forecast suggests the company will make a loss of €10.0m in 2026.New Risk • Nov 10New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 20% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Less than 1 year of cash runway based on current free cash flow (-€28m). Currently unprofitable and not forecast to become profitable over next 2 years (€80k net loss in 2 years). Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (€59.2m market cap, or US$63.5m).New Risk • Sep 06New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: €20m Forecast net loss in 2 years: €80k This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Minor Risks Less than 1 year of cash runway based on current free cash flow (-€28m). Currently unprofitable and not forecast to become profitable over next 2 years (€80k net loss in 2 years). Share price has been volatile over the past 3 months (8.9% average weekly change). Market cap is less than US$100m (€45.3m market cap, or US$50.3m).Breakeven Date Change • Sep 06Forecast breakeven date pushed back to 2026The 2 analysts covering Manz previously expected the company to break even in 2025. New consensus forecast suggests the company will make a profit of €3.03m in 2026. Average annual earnings growth of 91% is required to achieve expected profit on schedule.Breakeven Date Change • Aug 12Forecast to breakeven in 2025The 3 analysts covering Manz expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of €1.26m in 2025. Average annual earnings growth of 105% is required to achieve expected profit on schedule.Reported Earnings • Aug 07Second quarter 2024 earnings released: €0.97 loss per share (vs €0.36 profit in 2Q 2023)Second quarter 2024 results: €0.97 loss per share (down from €0.36 profit in 2Q 2023). Revenue: €67.9m (down 3.9% from 2Q 2023). Net loss: €8.31m (down 366% from profit in 2Q 2023). Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 56% per year, which means it is significantly lagging earnings.お知らせ • Jul 24Harro Höfliger Verpackungsmaschinen GmbH completed the acquisition of Manz Hungary Gépgyártó Korlátolt Felelosségu Társaság from Manz AG (XTRA:M5Z).Harro Höfliger Verpackungsmaschinen GmbH agreed to acquire Manz Hungary Gépgyártó Korlátolt Felelosségu Társaság from Manz AG (XTRA:M5Z) for HUF 3.108 billion on May 8, 2024. The HUF 3.108 billion received from the transaction will additionally strengthen Manz AG's liquidity. subject to contractually agreed conditions precedent and possible official approvals . A corresponding agreement was signed today by both parties. The transaction is expected to be completed in the second quarter of 2024. Harro Höfliger Verpackungsmaschinen GmbH completed the acquisition of Manz Hungary Gépgyártó Korlátolt Felelosségu Társaság from Manz AG (XTRA:M5Z) on July 24, 2024.Breakeven Date Change • Jul 01Forecast breakeven date pushed back to 2025The 3 analysts covering Manz previously expected the company to break even in 2024. New consensus forecast suggests losses will reduce by 16% to 2024. The company is expected to make a profit of €1.33m in 2025. Average annual earnings growth of 77% is required to achieve expected profit on schedule.New Risk • Jun 03New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Less than 1 year of cash runway based on current free cash flow (-€32m). Share price has been volatile over the past 3 months (7.0% average weekly change). Market cap is less than US$100m (€64.1m market cap, or US$69.8m).Reported Earnings • May 26Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: €0.28 loss per share (improved from €1.50 loss in FY 2022). Revenue: €280.6m (up 1.2% from FY 2022). Net loss: €2.39m (loss narrowed 80% from FY 2022). Revenue missed analyst estimates by 9.1%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 48% per year, which means it is performing significantly worse than earnings.お知らせ • May 23Manz AG to Report Fiscal Year 2023 Final Results on May 23, 2024Manz AG announced that they will report fiscal year 2023 final results at 9:00 AM, Central European Standard Time on May 23, 2024お知らせ • Jan 31+ 3 more updatesManz AG to Report Nine Months, 2024 Results on Nov 07, 2024Manz AG announced that they will report nine months, 2024 results on Nov 07, 2024New Risk • Jan 31New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -€47m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-€47m free cash flow). Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk Market cap is less than US$100m (€88.5m market cap, or US$96.0m).New Risk • Jan 20New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €91.4m (US$99.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Less than 1 year of cash runway based on current free cash flow (-€47m). Market cap is less than US$100m (€91.4m market cap, or US$99.6m).お知らせ • Jan 05Manz AG, Annual General Meeting, Jul 02, 2024Manz AG, Annual General Meeting, Jul 02, 2024. Location: Filharmonie Filderstadt GermanyPrice Target Changed • Nov 10Price target decreased by 17% to €16.53Down from €19.97, the current price target is an average from 3 analysts. New target price is 51% above last closing price of €10.94. Stock is down 57% over the past year. The company is forecast to post earnings per share of €0.25 next year compared to a net loss per share of €1.50 last year.Reported Earnings • Nov 08Third quarter 2023 earnings released: €0.077 loss per share (vs €0.64 profit in 3Q 2022)Third quarter 2023 results: €0.077 loss per share (down from €0.64 profit in 3Q 2022). Revenue: €60.8m (down 14% from 3Q 2022). Net loss: €654.0k (down 112% from profit in 3Q 2022). Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has fallen by 30% per year whereas the company’s share price has fallen by 29% per year.Valuation Update With 7 Day Price Move • Nov 03Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €8.16, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 15x in the Semiconductor industry in Germany. Total loss to shareholders of 73% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €9.19 per share.New Risk • Oct 20New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €89.7m (US$95.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.7x net interest cover). High level of non-cash earnings (66% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Market cap is less than US$100m (€89.7m market cap, or US$95.0m).Valuation Update With 7 Day Price Move • Oct 19Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to €11.22, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 14x in the Semiconductor industry in Germany. Total loss to shareholders of 61% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €9.10 per share.New Risk • Oct 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.7x net interest cover). High level of non-cash earnings (66% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (6.2% average weekly change).Buying Opportunity • Oct 05Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 27%. The fair value is estimated to be €17.68, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.7% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 20% in 2 years. Earnings is forecast to grow by 178% in the next 2 years.Buying Opportunity • Sep 19Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 30%. The fair value is estimated to be €17.28, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.7% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 20% in 2 years. Earnings is forecast to grow by 178% in the next 2 years.New Risk • Aug 04New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (66% accrual ratio). Minor Risk Shareholders have been diluted in the past year (10% increase in shares outstanding).Reported Earnings • Aug 03Second quarter 2023 earnings released: EPS: €0.36 (vs €0.38 loss in 2Q 2022)Second quarter 2023 results: EPS: €0.36 (up from €0.38 loss in 2Q 2022). Revenue: €72.4m (up 2.6% from 2Q 2022). Net income: €3.12m (up €6.04m from 2Q 2022). Profit margin: 4.3% (up from net loss in 2Q 2022). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.Reported Earnings • Mar 31Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: €1.50 loss per share (improved from €2.89 loss in FY 2021). Revenue: €293.3m (up 23% from FY 2021). Net loss: €12.1m (loss narrowed 46% from FY 2021). Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) also missed analyst estimates by 139%. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance.Buying Opportunity • Jan 03Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 24%. The fair value is estimated to be €25.83, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.5% over the last 3 years. Meanwhile, the company became loss making.Price Target Changed • Nov 16Price target decreased to €35.33Down from €46.50, the current price target is an average from 3 analysts. New target price is 39% above last closing price of €25.50. The company is forecast to post a net loss per share of €0.34 next year compared to a net loss per share of €2.89 last year.Reported Earnings • Nov 10Third quarter 2022 earnings released: EPS: €0.64 (vs €0.72 loss in 3Q 2021)Third quarter 2022 results: EPS: €0.64 (up from €0.72 loss in 3Q 2021). Revenue: €70.2m (up 34% from 3Q 2021). Net income: €5.33m (up €10.9m from 3Q 2021). Profit margin: 7.6% (up from net loss in 3Q 2021). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.Reported Earnings • Aug 05Second quarter 2022 earnings released: €0.38 loss per share (vs €0.059 loss in 2Q 2021)Second quarter 2022 results: €0.38 loss per share (down from €0.059 loss in 2Q 2021). Revenue: €75.0m (up 14% from 2Q 2021). Net loss: €2.92m (loss widened €2.46m from 2Q 2021). Over the next year, revenue is forecast to grow 46%, compared to a 9.7% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.Reported Earnings • May 09First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: €0.86 loss per share (down from €1.33 profit in 1Q 2021). Revenue: €64.0m (up 23% from 1Q 2021). Net loss: €6.70m (down 165% from profit in 1Q 2021). Revenue missed analyst estimates by 3.7%. Earnings per share (EPS) were also behind analyst expectations. Over the next year, revenue is forecast to grow 43%, compared to a 15% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.Price Target Changed • Apr 27Price target decreased to €58.50Down from €63.83, the current price target is an average from 3 analysts. New target price is 52% above last closing price of €38.60. Stock is down 33% over the past year. The company is forecast to post earnings per share of €0.69 next year compared to a net loss per share of €2.89 last year.Reported Earnings • Nov 10Third quarter 2021 earnings released: €0.72 loss per share (vs €0.22 profit in 3Q 2020)The company reported a soft third quarter result with weaker earnings and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: €54.1m (up 8.1% from 3Q 2020). Net loss: €5.59m (down 424% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Nov 05Investor sentiment improved over the past weekAfter last week's 23% share price gain to €55.00, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 34x in the Semiconductor industry in Germany. Total returns to shareholders of 95% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €90.42 per share.Reported Earnings • Aug 09Second quarter 2021 earnings released: €0.059 loss per share (vs €0.087 profit in 2Q 2020)The company reported a soft second quarter result with weaker earnings and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: €65.6m (up 3.9% from 2Q 2020). Net loss: €460.0k (down 169% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.Price Target Changed • Aug 08Price target increased to €66.00Up from €59.00, the current price target is an average from 3 analysts. New target price is 15% above last closing price of €57.20. Stock is up 162% over the past year.Price Target Changed • Jul 26Price target increased to €62.33Up from €55.18, the current price target is an average from 3 analysts. New target price is 8.3% below last closing price of €68.00. Stock is up 222% over the past year.Valuation Update With 7 Day Price Move • Jun 26Investor sentiment improved over the past weekAfter last week's 24% share price gain to €70.60, the stock trades at a forward P/E ratio of 55x. Average forward P/E is 37x in the Semiconductor industry in Germany. Total returns to shareholders of 103% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €79.77 per share.Reported Earnings • May 07First quarter 2021 earnings released: EPS €1.33 (vs €0.21 in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: €52.2m (down 18% from 1Q 2020). Net income: €10.3m (up €8.60m from 1Q 2020). Profit margin: 20% (up from 2.6% in 1Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Reported Earnings • Apr 02Full year 2020 earnings released: EPS €0.44 (vs €1.43 loss in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: €249.7m (down 7.3% from FY 2019). Net income: €3.43m (up €14.5m from FY 2019). Profit margin: 1.4% (up from net loss in FY 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.Is New 90 Day High Low • Jan 20New 90-day high: €46.50The company is up 63% from its price of €28.60 on 22 October 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 31% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €177 per share.Valuation Update With 7 Day Price Move • Jan 16Investor sentiment improved over the past weekAfter last week's 17% share price gain to €42.80, the stock is trading at a trailing P/E ratio of 77.3x, up from the previous P/E ratio of 66.3x. This compares to an average P/E of 80x in the Semiconductor industry in Germany. Total returns to shareholders over the past three years are 22%.Price Target Changed • Jan 05Price target raised to €39.28Up from €34.42, the current price target is an average from 2 analysts. The new target price is close to the current share price of €37.60. As of last close, the stock is up 67% over the past year.Is New 90 Day High Low • Jan 05New 90-day high: €34.90The company is up 20% from its price of €29.00 on 07 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 24% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €241 per share.Analyst Estimate Surprise Post Earnings • Nov 05Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 21%. Earnings per share (EPS) exceeded analyst estimates by 4.2%. Over the next year, revenue is forecast to grow 42%, compared to a 19% growth forecast for the Semiconductor industry in Germany.Reported Earnings • Nov 05Third quarter 2020 earnings released: EPS €0.22The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: €51.5m (down 24% from 3Q 2019). Net income: €1.72m (up €7.51m from 3Q 2019). Profit margin: 3.4% (up from net loss in 3Q 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Price Target Changed • Nov 05Price target raised to €34.42Up from €30.62, the current price target is an average from 5 analysts. The new target price is 15% above the current share price of €30.00. As of last close, the stock is up 58% over the past year.Price Target Changed • Oct 03Price target raised to €30.62Up from €26.98, the current price target is an average from 4 analysts. The new target price is close to the current share price of €29.30. As of last close, the stock is up 69% over the past year.Is New 90 Day High Low • Sep 29New 90-day high: €23.90The company is up 37% from its price of €17.40 on 01 July 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €197 per share. このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、Manz は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測DB:M5Z - アナリストの将来予測と過去の財務データ ( )EUR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数9/30/2024205-35-38-14N/A6/30/2024223-20-28-2N/A3/31/2024242-9-32-3N/A12/31/2023269-2-53-24N/A9/30/2023282-2-47-12N/A6/30/20232954-77-42N/A3/31/2023295-2-50-17N/A12/31/2022277-12-35-2N/A9/30/2022272-51-31-9N/A6/30/2022254-62020N/A3/31/2022249-59-35-18N/A12/31/2021238-44-41-26N/A9/30/20212364-104N/A6/30/202123411-93N/A3/31/2021231121827N/A12/31/202024331121N/A9/30/20202444-90N/A6/30/2020262-3-13-4N/A3/31/2020255-9-27-17N/A12/31/2019269-11-33-24N/A9/30/2019288-14-55-44N/A6/30/2019289-709N/A3/31/2019310-4-11-1N/A12/31/2018302-8315N/A9/30/2018291-6-102N/A6/30/2018299-14N/A-54N/A3/31/2018295-26N/A3N/A12/31/2017276-3N/A16N/A9/30/2017267-14N/A31N/A6/30/2017235-21N/A46N/A3/31/2017222-21N/A-17N/A12/31/2016239-43N/A-17N/A9/30/2016229-61N/A-10N/A6/30/2016235-66N/A-40N/A3/31/2016244-57N/A-48N/A12/31/2015237-64N/A-57N/A9/30/2015239-71N/A-60N/A6/30/2015278-53N/A-26N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: M5Zの予測収益成長が 貯蓄率 ( 1.9% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: M5Zの収益がGerman市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: M5Zの収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: M5Zの収益がGerman市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: M5Zの収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: M5Zの 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YSemiconductors 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/09 10:50終値2026/06/09 00:00収益2024/09/30年間収益2023/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Manz AG 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。15 アナリスト機関Rupesh MadlaniBarclaysLars DannenbergBerenbergJason ChannellCitigroup Inc12 その他のアナリストを表示
Breakeven Date Change • Dec 30No longer forecast to breakevenThe 2 analysts covering Manz no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of €3.03m in 2026. New consensus forecast suggests the company will make a loss of €10.0m in 2026.
Breakeven Date Change • Sep 06Forecast breakeven date pushed back to 2026The 2 analysts covering Manz previously expected the company to break even in 2025. New consensus forecast suggests the company will make a profit of €3.03m in 2026. Average annual earnings growth of 91% is required to achieve expected profit on schedule.
Breakeven Date Change • Aug 12Forecast to breakeven in 2025The 3 analysts covering Manz expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of €1.26m in 2025. Average annual earnings growth of 105% is required to achieve expected profit on schedule.
Breakeven Date Change • Jul 01Forecast breakeven date pushed back to 2025The 3 analysts covering Manz previously expected the company to break even in 2024. New consensus forecast suggests losses will reduce by 16% to 2024. The company is expected to make a profit of €1.33m in 2025. Average annual earnings growth of 77% is required to achieve expected profit on schedule.
Price Target Changed • Nov 10Price target decreased by 17% to €16.53Down from €19.97, the current price target is an average from 3 analysts. New target price is 51% above last closing price of €10.94. Stock is down 57% over the past year. The company is forecast to post earnings per share of €0.25 next year compared to a net loss per share of €1.50 last year.
Price Target Changed • Nov 16Price target decreased to €35.33Down from €46.50, the current price target is an average from 3 analysts. New target price is 39% above last closing price of €25.50. The company is forecast to post a net loss per share of €0.34 next year compared to a net loss per share of €2.89 last year.
Breakeven Date Change • Dec 30No longer forecast to breakevenThe 2 analysts covering Manz no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of €3.03m in 2026. New consensus forecast suggests the company will make a loss of €10.0m in 2026.
New Risk • Nov 10New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 20% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Less than 1 year of cash runway based on current free cash flow (-€28m). Currently unprofitable and not forecast to become profitable over next 2 years (€80k net loss in 2 years). Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (€59.2m market cap, or US$63.5m).
New Risk • Sep 06New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: €20m Forecast net loss in 2 years: €80k This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Minor Risks Less than 1 year of cash runway based on current free cash flow (-€28m). Currently unprofitable and not forecast to become profitable over next 2 years (€80k net loss in 2 years). Share price has been volatile over the past 3 months (8.9% average weekly change). Market cap is less than US$100m (€45.3m market cap, or US$50.3m).
Breakeven Date Change • Sep 06Forecast breakeven date pushed back to 2026The 2 analysts covering Manz previously expected the company to break even in 2025. New consensus forecast suggests the company will make a profit of €3.03m in 2026. Average annual earnings growth of 91% is required to achieve expected profit on schedule.
Breakeven Date Change • Aug 12Forecast to breakeven in 2025The 3 analysts covering Manz expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of €1.26m in 2025. Average annual earnings growth of 105% is required to achieve expected profit on schedule.
Reported Earnings • Aug 07Second quarter 2024 earnings released: €0.97 loss per share (vs €0.36 profit in 2Q 2023)Second quarter 2024 results: €0.97 loss per share (down from €0.36 profit in 2Q 2023). Revenue: €67.9m (down 3.9% from 2Q 2023). Net loss: €8.31m (down 366% from profit in 2Q 2023). Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 56% per year, which means it is significantly lagging earnings.
お知らせ • Jul 24Harro Höfliger Verpackungsmaschinen GmbH completed the acquisition of Manz Hungary Gépgyártó Korlátolt Felelosségu Társaság from Manz AG (XTRA:M5Z).Harro Höfliger Verpackungsmaschinen GmbH agreed to acquire Manz Hungary Gépgyártó Korlátolt Felelosségu Társaság from Manz AG (XTRA:M5Z) for HUF 3.108 billion on May 8, 2024. The HUF 3.108 billion received from the transaction will additionally strengthen Manz AG's liquidity. subject to contractually agreed conditions precedent and possible official approvals . A corresponding agreement was signed today by both parties. The transaction is expected to be completed in the second quarter of 2024. Harro Höfliger Verpackungsmaschinen GmbH completed the acquisition of Manz Hungary Gépgyártó Korlátolt Felelosségu Társaság from Manz AG (XTRA:M5Z) on July 24, 2024.
Breakeven Date Change • Jul 01Forecast breakeven date pushed back to 2025The 3 analysts covering Manz previously expected the company to break even in 2024. New consensus forecast suggests losses will reduce by 16% to 2024. The company is expected to make a profit of €1.33m in 2025. Average annual earnings growth of 77% is required to achieve expected profit on schedule.
New Risk • Jun 03New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Less than 1 year of cash runway based on current free cash flow (-€32m). Share price has been volatile over the past 3 months (7.0% average weekly change). Market cap is less than US$100m (€64.1m market cap, or US$69.8m).
Reported Earnings • May 26Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: €0.28 loss per share (improved from €1.50 loss in FY 2022). Revenue: €280.6m (up 1.2% from FY 2022). Net loss: €2.39m (loss narrowed 80% from FY 2022). Revenue missed analyst estimates by 9.1%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 48% per year, which means it is performing significantly worse than earnings.
お知らせ • May 23Manz AG to Report Fiscal Year 2023 Final Results on May 23, 2024Manz AG announced that they will report fiscal year 2023 final results at 9:00 AM, Central European Standard Time on May 23, 2024
お知らせ • Jan 31+ 3 more updatesManz AG to Report Nine Months, 2024 Results on Nov 07, 2024Manz AG announced that they will report nine months, 2024 results on Nov 07, 2024
New Risk • Jan 31New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -€47m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-€47m free cash flow). Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk Market cap is less than US$100m (€88.5m market cap, or US$96.0m).
New Risk • Jan 20New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €91.4m (US$99.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Less than 1 year of cash runway based on current free cash flow (-€47m). Market cap is less than US$100m (€91.4m market cap, or US$99.6m).
お知らせ • Jan 05Manz AG, Annual General Meeting, Jul 02, 2024Manz AG, Annual General Meeting, Jul 02, 2024. Location: Filharmonie Filderstadt Germany
Price Target Changed • Nov 10Price target decreased by 17% to €16.53Down from €19.97, the current price target is an average from 3 analysts. New target price is 51% above last closing price of €10.94. Stock is down 57% over the past year. The company is forecast to post earnings per share of €0.25 next year compared to a net loss per share of €1.50 last year.
Reported Earnings • Nov 08Third quarter 2023 earnings released: €0.077 loss per share (vs €0.64 profit in 3Q 2022)Third quarter 2023 results: €0.077 loss per share (down from €0.64 profit in 3Q 2022). Revenue: €60.8m (down 14% from 3Q 2022). Net loss: €654.0k (down 112% from profit in 3Q 2022). Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has fallen by 30% per year whereas the company’s share price has fallen by 29% per year.
Valuation Update With 7 Day Price Move • Nov 03Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €8.16, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 15x in the Semiconductor industry in Germany. Total loss to shareholders of 73% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €9.19 per share.
New Risk • Oct 20New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €89.7m (US$95.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.7x net interest cover). High level of non-cash earnings (66% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Market cap is less than US$100m (€89.7m market cap, or US$95.0m).
Valuation Update With 7 Day Price Move • Oct 19Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to €11.22, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 14x in the Semiconductor industry in Germany. Total loss to shareholders of 61% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €9.10 per share.
New Risk • Oct 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.7x net interest cover). High level of non-cash earnings (66% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (6.2% average weekly change).
Buying Opportunity • Oct 05Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 27%. The fair value is estimated to be €17.68, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.7% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 20% in 2 years. Earnings is forecast to grow by 178% in the next 2 years.
Buying Opportunity • Sep 19Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 30%. The fair value is estimated to be €17.28, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.7% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 20% in 2 years. Earnings is forecast to grow by 178% in the next 2 years.
New Risk • Aug 04New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (66% accrual ratio). Minor Risk Shareholders have been diluted in the past year (10% increase in shares outstanding).
Reported Earnings • Aug 03Second quarter 2023 earnings released: EPS: €0.36 (vs €0.38 loss in 2Q 2022)Second quarter 2023 results: EPS: €0.36 (up from €0.38 loss in 2Q 2022). Revenue: €72.4m (up 2.6% from 2Q 2022). Net income: €3.12m (up €6.04m from 2Q 2022). Profit margin: 4.3% (up from net loss in 2Q 2022). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
Reported Earnings • Mar 31Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: €1.50 loss per share (improved from €2.89 loss in FY 2021). Revenue: €293.3m (up 23% from FY 2021). Net loss: €12.1m (loss narrowed 46% from FY 2021). Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) also missed analyst estimates by 139%. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance.
Buying Opportunity • Jan 03Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 24%. The fair value is estimated to be €25.83, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.5% over the last 3 years. Meanwhile, the company became loss making.
Price Target Changed • Nov 16Price target decreased to €35.33Down from €46.50, the current price target is an average from 3 analysts. New target price is 39% above last closing price of €25.50. The company is forecast to post a net loss per share of €0.34 next year compared to a net loss per share of €2.89 last year.
Reported Earnings • Nov 10Third quarter 2022 earnings released: EPS: €0.64 (vs €0.72 loss in 3Q 2021)Third quarter 2022 results: EPS: €0.64 (up from €0.72 loss in 3Q 2021). Revenue: €70.2m (up 34% from 3Q 2021). Net income: €5.33m (up €10.9m from 3Q 2021). Profit margin: 7.6% (up from net loss in 3Q 2021). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 05Second quarter 2022 earnings released: €0.38 loss per share (vs €0.059 loss in 2Q 2021)Second quarter 2022 results: €0.38 loss per share (down from €0.059 loss in 2Q 2021). Revenue: €75.0m (up 14% from 2Q 2021). Net loss: €2.92m (loss widened €2.46m from 2Q 2021). Over the next year, revenue is forecast to grow 46%, compared to a 9.7% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.
Reported Earnings • May 09First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: €0.86 loss per share (down from €1.33 profit in 1Q 2021). Revenue: €64.0m (up 23% from 1Q 2021). Net loss: €6.70m (down 165% from profit in 1Q 2021). Revenue missed analyst estimates by 3.7%. Earnings per share (EPS) were also behind analyst expectations. Over the next year, revenue is forecast to grow 43%, compared to a 15% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
Price Target Changed • Apr 27Price target decreased to €58.50Down from €63.83, the current price target is an average from 3 analysts. New target price is 52% above last closing price of €38.60. Stock is down 33% over the past year. The company is forecast to post earnings per share of €0.69 next year compared to a net loss per share of €2.89 last year.
Reported Earnings • Nov 10Third quarter 2021 earnings released: €0.72 loss per share (vs €0.22 profit in 3Q 2020)The company reported a soft third quarter result with weaker earnings and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: €54.1m (up 8.1% from 3Q 2020). Net loss: €5.59m (down 424% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Nov 05Investor sentiment improved over the past weekAfter last week's 23% share price gain to €55.00, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 34x in the Semiconductor industry in Germany. Total returns to shareholders of 95% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €90.42 per share.
Reported Earnings • Aug 09Second quarter 2021 earnings released: €0.059 loss per share (vs €0.087 profit in 2Q 2020)The company reported a soft second quarter result with weaker earnings and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: €65.6m (up 3.9% from 2Q 2020). Net loss: €460.0k (down 169% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Aug 08Price target increased to €66.00Up from €59.00, the current price target is an average from 3 analysts. New target price is 15% above last closing price of €57.20. Stock is up 162% over the past year.
Price Target Changed • Jul 26Price target increased to €62.33Up from €55.18, the current price target is an average from 3 analysts. New target price is 8.3% below last closing price of €68.00. Stock is up 222% over the past year.
Valuation Update With 7 Day Price Move • Jun 26Investor sentiment improved over the past weekAfter last week's 24% share price gain to €70.60, the stock trades at a forward P/E ratio of 55x. Average forward P/E is 37x in the Semiconductor industry in Germany. Total returns to shareholders of 103% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €79.77 per share.
Reported Earnings • May 07First quarter 2021 earnings released: EPS €1.33 (vs €0.21 in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: €52.2m (down 18% from 1Q 2020). Net income: €10.3m (up €8.60m from 1Q 2020). Profit margin: 20% (up from 2.6% in 1Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 02Full year 2020 earnings released: EPS €0.44 (vs €1.43 loss in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: €249.7m (down 7.3% from FY 2019). Net income: €3.43m (up €14.5m from FY 2019). Profit margin: 1.4% (up from net loss in FY 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
Is New 90 Day High Low • Jan 20New 90-day high: €46.50The company is up 63% from its price of €28.60 on 22 October 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 31% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €177 per share.
Valuation Update With 7 Day Price Move • Jan 16Investor sentiment improved over the past weekAfter last week's 17% share price gain to €42.80, the stock is trading at a trailing P/E ratio of 77.3x, up from the previous P/E ratio of 66.3x. This compares to an average P/E of 80x in the Semiconductor industry in Germany. Total returns to shareholders over the past three years are 22%.
Price Target Changed • Jan 05Price target raised to €39.28Up from €34.42, the current price target is an average from 2 analysts. The new target price is close to the current share price of €37.60. As of last close, the stock is up 67% over the past year.
Is New 90 Day High Low • Jan 05New 90-day high: €34.90The company is up 20% from its price of €29.00 on 07 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 24% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €241 per share.
Analyst Estimate Surprise Post Earnings • Nov 05Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 21%. Earnings per share (EPS) exceeded analyst estimates by 4.2%. Over the next year, revenue is forecast to grow 42%, compared to a 19% growth forecast for the Semiconductor industry in Germany.
Reported Earnings • Nov 05Third quarter 2020 earnings released: EPS €0.22The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: €51.5m (down 24% from 3Q 2019). Net income: €1.72m (up €7.51m from 3Q 2019). Profit margin: 3.4% (up from net loss in 3Q 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Price Target Changed • Nov 05Price target raised to €34.42Up from €30.62, the current price target is an average from 5 analysts. The new target price is 15% above the current share price of €30.00. As of last close, the stock is up 58% over the past year.
Price Target Changed • Oct 03Price target raised to €30.62Up from €26.98, the current price target is an average from 4 analysts. The new target price is close to the current share price of €29.30. As of last close, the stock is up 69% over the past year.
Is New 90 Day High Low • Sep 29New 90-day high: €23.90The company is up 37% from its price of €17.40 on 01 July 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €197 per share.