View Future GrowthManz 과거 순이익 실적과거 기준 점검 0/6지난 몇 년간 Manz 의 실적에 대한 데이터가 부족합니다.핵심 정보n/a순이익 성장률n/a주당순이익(EPS) 성장률Semiconductor 산업 성장률30.55%매출 성장률n/a자기자본이익률n/a순이익률n/a최근 순이익 업데이트30 Sep 2024최근 과거 실적 업데이트Reported 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.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.공고 • 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, 2024공고 • 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, 2024Reported 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.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.모든 업데이트 보기Recent 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.공고 • 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.공고 • 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, 2024공고 • 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).공고 • 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.매출 및 비용 세부 내역Manz가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이DB:M5Z 매출, 비용 및 순이익 (EUR Millions)날짜매출순이익일반관리비연구개발비30 Sep 24205-3583030 Jun 24223-2087031 Mar 24242-988031 Dec 23269-289030 Sep 23282-290030 Jun 23295488031 Mar 23295-288031 Dec 22277-1286030 Sep 22272-5184030 Jun 22254-6282031 Mar 22249-5981031 Dec 21238-4480030 Sep 21236479030 Jun 212341178031 Mar 212311277031 Dec 20243376030 Sep 20244475030 Jun 20262-378031 Mar 20255-976031 Dec 19269-1176030 Sep 19288-1478030 Jun 19289-775031 Mar 19310-476031 Dec 18302-876030 Sep 18291-673030 Jun 18299-1473031 Mar 18295-2674031 Dec 17276-376030 Sep 17267-1483030 Jun 17235-2183031 Mar 17222-2185031 Dec 16239-4386030 Sep 16229-6184030 Jun 16235-6690031 Mar 16244-5791031 Dec 15237-6490030 Sep 15239-71830양질의 수익: M5Z가 고품질 수익을 갖고 있는지 판단하기에는 데이터가 부족합니다.이익 마진 증가: 지난 1년 동안 M5Z의 이익률이 개선되었는지 판단하기에 데이터가 부족합니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 지난 5년 동안 M5Z의 연간 수익 성장률이 양(+)이었는지 판단하기에 데이터가 부족합니다.성장 가속화: M5Z의 지난해 수익 성장률을 5년 평균과 비교하기에 데이터가 부족합니다.수익 대 산업: M5Z의 지난 해 수익 증가율이 Semiconductor 업계 평균을 상회했는지 판단하기에 데이터가 부족합니다.자기자본이익률높은 ROE: M5Z는 현재 수익성이 없으므로 자본 수익률이 음수(0%)입니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YSemiconductors 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/31 11:38종가2026/07/21 00:00수익2024/09/30연간 수익2023/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Manz AG는 15명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Rupesh MadlaniBarclaysLars DannenbergBerenbergJason ChannellCitigroup Inc12명의 분석가 더 보기
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.
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.
공고 • 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
공고 • 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
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.
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.
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.
공고 • 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.
공고 • 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
공고 • 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).
공고 • 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.