View ValuationVectron Systems 향후 성장Future 기준 점검 4/6Vectron Systems (는) 각각 연간 156.6% 및 12.8% 수익과 수익이 증가할 것으로 예상됩니다.핵심 정보156.6%이익 성장률n/aEPS 성장률Electronic 이익 성장39.2%매출 성장률12.8%향후 자기자본이익률n/a애널리스트 커버리지Low마지막 업데이트18 Sep 2024최근 향후 성장 업데이트Price Target Changed • Aug 14Price target increased by 44% to €9.50Up from €6.59, the current price target is an average from 2 analysts. New target price is 77% above last closing price of €5.38. Stock is up 55% over the past year. The company is forecast to post a net loss per share of €0.03 next year compared to a net loss per share of €0.65 last year.Price Target Changed • Jun 02Price target increased by 44% to €9.50Up from €6.59, the current price target is an average from 2 analysts. New target price is 131% above last closing price of €4.11. Stock is up 5.9% over the past year. The company is forecast to post a net loss per share of €0.03 next year compared to a net loss per share of €0.65 last year.Price Target Changed • Nov 16Price target decreased to €6.28Down from €6.84, the current price target is an average from 3 analysts. New target price is 97% above last closing price of €3.18. Stock is down 65% over the past year. The company is forecast to post a net loss per share of €0.47 compared to earnings per share of €0.30 last year.Price Target Changed • Sep 13Price target decreased to €6.29Down from €7.34, the current price target is an average from 2 analysts. New target price is 72% above last closing price of €3.65. Stock is down 64% over the past year. The company posted earnings per share of €0.30 last year.Price Target Changed • Aug 30Price target decreased to €6.84Down from €7.59, the current price target is provided by 1 analyst. New target price is 96% above last closing price of €3.50. Stock is down 67% over the past year. The company is forecast to post earnings per share of €0.32 for next year compared to €0.30 last year.Price Target Changed • Jun 22Price target decreased to €7.59Down from €10.97, the current price target is an average from 3 analysts. New target price is 112% above last closing price of €3.58. Stock is down 73% over the past year. The company is forecast to post earnings per share of €0.05 for next year compared to €0.30 last year.모든 업데이트 보기Recent updates공지 • Sep 17Verve Group SE (XTRA:M8G) signed an agreement to acquire acardo technologies AG from Vectron Systems AG (LSE:0W1I) for €24.5 million.Verve Group SE (XTRA:M8G) signed an agreement to acquire acardo technologies AG from Vectron Systems AG (LSE:0W1I) for €24.5 million on September 16, 2025. The total purchase price of €24.5 million reflects an EBITDA multiple of about 6 x EBITDA before synergies, respectively about 4 x EBITDA after synergies. Given the technological setup of Acardo, the seamless integration of the company’s technology under the existing management structure will not lead to the requirement of a technological integration. The transaction is structured with a €17.2 million cash consideration at closing as well as an additional €7.3 million differed cash consideration 12 months after closing. Vectron Systems AG will receive a purchase price of €24.5 million plus cash holdings and other purchase price adjustments from the sale. It should be noted that various payments are to be made by Vectron from the purchase price. These mainly relate to earn-out claims and seller loans from the former shareholders of acardo group AG, as well as an intercompany loan from acardo group AG to Vectron Systems AG. The expected completion of the transaction is October 1, 2025.공지 • Feb 22Vectron Systems AG Announces Management ChangesVectron Systems AG announced that as of November 30th, 2024, two out of three Supervisory Board members, Andreas Prenner (Deputy Chairman) and Jürgen Gallmann, have resigned. Upon recommendation of the Management Board, the Local Court of Münster appointed two members of Shift4 Group’s Executive Board, Jordan Frankel (Group Legal Counsel) and Luke Thomas (Chief Strategy Officer), as new members of the Supervisory Board with effect from December 1st, 2024. They are up for re-election or confirmation by the Annual General Meeting scheduled on July 2nd, 2025. Prof. Dr. Dr. Claudius Schikora will remain on the Supervisory Board as Chairman and as independent member. At its ordinary meeting on December 18, 2024, the Supervisory Board elected Jordan Frankel, who accepted this election, as the new Deputy Chairman. The Supervisory Board thus not only reflects the approximate shareholding quota of Shift4, but also a competence profile that is appropriate to the market, supervisory and advisory requirements. With effect from December 31st, 2024, Christoph Thye has resigned from Vectron’s Management Board in agreement with the Supervisory Board. From now on, he will fully concentrate on his role as CEO of acardo group AG and, as such, will remain part of Vectron Group for this important business unit.공지 • Sep 04Vectron Systems AG's Delisting to Take Effect At the End of 30 September 2024Following the majority takeover by the listed US group Shift 4, which was completed in June, Vectron Systems AG had already indicated in several publications that the stock exchange listing was to be discontinued. The Frankfurt Stock Exchange has informed Vectron Systems AG that the company's application to revoke the admission of Vectron shares (ISIN: DE000AOKEXC7) to trading on the Scale and Basic Board of the Frankfurt Stock Exchange has been granted. According to the notification of the Frankfurt Stock Exchange, the delisting will take effect at the end of 30 September 2024.공지 • Jun 16Vectron Systems AG Shares to Delist Following the Tender OfferThe business combination of Vectron Systems AG ("Vectron") with the Shift4 group ("Shift4") announced on 1 June 2024 was previously subject to the condition that Shift4 succeeds in acquiring a total of at least 70% of Vectron's shares (including the shares from the planned capital increase). Shift4 has declared that it waives this condition, respectively that the condition is deemed to be fulfilled because the 70% threshold is nearly met. This means not only that the acquisition of approximately 41.4% of Vectron's share capital from the current CEO Thomas Stümmler and a company controlled by him will be completed, but also that the agreed Business Combination Agreement is finally binding and that the 10% capital increase from authorized capital will be subscribed by Shift4 and completed. The condition is also no longer relevant for the current tender offer for all Vectron shares at an offer price of EUR 10.50 per Vectron share. Following the tender offer a de-listing of the Vectron-share is envisaged with short notice.공지 • Jun 15Shift4 Payments, Inc. (NYSE:FOUR) completed the acquisition of remaining 48.6% stake in Vectron Systems AG (XTRA:V3S).Shift4 Payments, Inc. (NYSE:FOUR) launched a tender offer to acquire remaining 48.6% stake in Vectron Systems AG (XTRA:V3S) for €41.1 million on June 1, 2024. The offer price of €10.50 per Vectron share corresponds to a premium of approx. 50.4% on the volume-weighted average share price of EUR 6.97 during the last six months prior to the announcement of the transaction. The Management Board and Supervisory Board of Vectron welcome the attractive offer price, fully support the takeover offer and, subject to review of the offer document once published by Shift4, expect to recommend that shareholders accept the offer. At the same time, Shift4 has entered into a share purchase agreement with the CEO, Thomas Stümmler, and a company controlled by him regarding the purchase of shares representing approx. 41.4% of the share capital of Vectron. In the Business Combination Agreement, Shift4 has further undertaken to subscribe to a capital increase from authorised capital by issuing 805,651 new shares (corresponding to 10% of the current share capital) at a price of €10.50 per share, i.e. issue proceeds of around €8.5 million. The capital increase subscription obligation of Shift4, the consummation of the intended takeover offer and the share purchase agreement with Thomas Stümmler and the company controlled by him are each subject, among other things, to the condition that Shift4 succeeds in acquiring a total of at least 70% of the Vectron shares (taking into account the new shares to be subscribed from the capital increase). In addition, the respective agreements are subject to further customary closing conditions. The transactions are not subject to any regulatory approval requirements or conditions. To this end, Vectron has undertaken to support possible structural measures, in particular a delisting of the Vectron shares from stock exchange trading, the conclusion of a domination agreement, a squeeze-out or other integration measures in due course at the request of Shift4 after completion of the acquisition offer.Such delisting does not trigger any obligation of Shift4 to make a (further) public offer to acquire Vectron Shares. The Vectron Management Board is to remain in office and Vectron is to distribute Shift4's payment processing services in Germany in future. Shift4 Payments, Inc. (NYSE:FOUR) completed the acquisition of remaining 48.6% stake in Vectron Systems AG (XTRA:V3S) on June 13, 2024. Shift4 has declared today that it waives this condition, respectively that the condition is deemed to be fulfilled because the 70% threshold is nearly met. This means not only that the acquisition of approximately 41.4% of Vectron's share capital from the current CEO Thomas Stümmler and a company controlled by him will be completed, but also that the agreed Business Combination Agreement is finally binding and that the 10% capital increase from authorized capital will be subscribed by Shift4 and completed. The condition is also no longer relevant for the current tender offer for all Vectron shares at an offer price of €10.50 per Vectron share. Following the tender offer a de-listing of the Vectron-share is envisaged with short notice.공지 • May 15Vectron Systems AG, Annual General Meeting, Jun 19, 2024Vectron Systems AG, Annual General Meeting, Jun 19, 2024, at 11:00 W. Europe Standard Time.공지 • Jan 13+ 1 more updateVectron Systems AG to Report First Half, 2024 Results on Sep 02, 2024Vectron Systems AG announced that they will report first half, 2024 results on Sep 02, 2024Price Target Changed • Aug 14Price target increased by 44% to €9.50Up from €6.59, the current price target is an average from 2 analysts. New target price is 77% above last closing price of €5.38. Stock is up 55% over the past year. The company is forecast to post a net loss per share of €0.03 next year compared to a net loss per share of €0.65 last year.New Risk • Aug 09New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 9.5% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.5% average weekly change). Minor Risk Market cap is less than US$100m (€42.9m market cap, or US$47.0m).Price Target Changed • Jun 02Price target increased by 44% to €9.50Up from €6.59, the current price target is an average from 2 analysts. New target price is 131% above last closing price of €4.11. Stock is up 5.9% over the past year. The company is forecast to post a net loss per share of €0.03 next year compared to a net loss per share of €0.65 last year.Buying Opportunity • Mar 27Now 21% undervaluedOver the last 90 days, the stock is up 17%. The fair value is estimated to be €5.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 4.4% in 2 years. Earnings is forecast to grow by 15% in the next 2 years.공지 • Dec 16+ 1 more updateVectron Systems AG to Report First Half, 2023 Results on Aug 31, 2023Vectron Systems AG announced that they will report first half, 2023 results on Aug 31, 2023Price Target Changed • Nov 16Price target decreased to €6.28Down from €6.84, the current price target is an average from 3 analysts. New target price is 97% above last closing price of €3.18. Stock is down 65% over the past year. The company is forecast to post a net loss per share of €0.47 compared to earnings per share of €0.30 last year.Price Target Changed • Sep 13Price target decreased to €6.29Down from €7.34, the current price target is an average from 2 analysts. New target price is 72% above last closing price of €3.65. Stock is down 64% over the past year. The company posted earnings per share of €0.30 last year.Reported Earnings • Sep 02First half 2022 earnings released: €0.12 loss per share (vs €0.32 profit in 1H 2021)First half 2022 results: €0.12 loss per share (down from €0.32 profit in 1H 2021). Revenue: €12.6m (down 41% from 1H 2021). Net loss: €980.0k (down 139% from profit in 1H 2021). Over the next year, revenue is forecast to stay flat compared to a 16% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings.Price Target Changed • Aug 30Price target decreased to €6.84Down from €7.59, the current price target is provided by 1 analyst. New target price is 96% above last closing price of €3.50. Stock is down 67% over the past year. The company is forecast to post earnings per share of €0.32 for next year compared to €0.30 last year.Valuation Update With 7 Day Price Move • Jun 29Investor sentiment improved over the past weekAfter last week's 31% share price gain to €4.13, the stock trades at a trailing P/E ratio of 13.6x. Average forward P/E is 17x in the Electronic industry in Germany. Total loss to shareholders of 59% over the past three years.Price Target Changed • Jun 22Price target decreased to €7.59Down from €10.97, the current price target is an average from 3 analysts. New target price is 112% above last closing price of €3.58. Stock is down 73% over the past year. The company is forecast to post earnings per share of €0.05 for next year compared to €0.30 last year.Valuation Update With 7 Day Price Move • Jun 14Investor sentiment improved over the past weekAfter last week's 17% share price gain to €4.50, the stock trades at a forward P/E ratio of 89x. Average forward P/E is 19x in the Electronic industry in Germany. Total loss to shareholders of 53% over the past three years.Price Target Changed • May 03Price target decreased to €10.63Down from €11.78, the current price target is an average from 3 analysts. New target price is 113% above last closing price of €5.00. Stock is down 58% over the past year. The company is forecast to post earnings per share of €0.32 next year compared to a net loss per share of €0.26 last year.Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improved over the past weekAfter last week's 21% share price gain to €6.69, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 23x in the Electronic industry in Germany. Total loss to shareholders of 8.2% over the past three years.Price Target Changed • Feb 01Price target decreased to €11.78Down from €14.15, the current price target is an average from 3 analysts. New target price is 112% above last closing price of €5.55. Stock is down 42% over the past year. The company is forecast to post earnings per share of €0.32 next year compared to a net loss per share of €0.26 last year.Price Target Changed • Jan 28Price target increased to €20.00Up from €14.00, the current price target is an average from 3 analysts. New target price is 234% above last closing price of €5.98. Stock is down 36% over the past year. The company is forecast to post earnings per share of €0.42 next year compared to a net loss per share of €0.26 last year.Price Target Changed • Jun 10Price target increased to €16.65Up from €15.48, the current price target is an average from 4 analysts. New target price is 19% above last closing price of €13.98. Stock is up 78% over the past year.Reported Earnings • May 09Full year 2020 earnings releasedThe company reported a soft full year result with increased losses and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: €28.8m (up 13% from FY 2019). Net loss: €2.07m (loss widened 48% from FY 2019).Price Target Changed • May 07Price target increased to €21.50Up from €15.48, the current price target is an average from 3 analysts. New target price is 80% above last closing price of €11.96. Stock is up 31% over the past year.Is New 90 Day High Low • Mar 09New 90-day high: €11.70The company is up 22% from its price of €9.56 on 09 December 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.28 per share.Is New 90 Day High Low • Feb 07New 90-day low: €9.32The company is down 13% from its price of €10.70 on 09 November 2020. The German market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic 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 €3.37 per share.Is New 90 Day High Low • Nov 28New 90-day high: €12.35The company is up 39% from its price of €8.88 on 28 August 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €25.32 per share.이익 및 매출 성장 예측DB:V3S - 애널리스트 향후 추정치 및 과거 재무 데이터 (EUR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202657N/A-9N/A212/31/202549234212/31/202441-10126/30/202438-212N/A3/31/202438-235N/A12/31/202337-167N/A6/30/202331-566N/A3/31/202328-522N/A12/31/202225-5-2-2N/A9/30/202227-3-2-1N/A6/30/202229-2-20N/A3/31/202234035N/A12/31/2021382910N/A9/30/2021362910N/A6/30/2021342910N/A3/31/202129034N/A12/31/202025-2-3-2N/A9/30/202027-2-6-5N/A6/30/202026-2-8-7N/A3/31/202026-2-5-5N/A12/31/201925-1-3-3N/A9/30/201924-3-2-2N/A6/30/201923-4-2-2N/A3/31/201924-4-2-2N/A12/31/201825-4-3-2N/A9/30/201826-3-4-3N/A6/30/201827-2-5-4N/A3/31/2018300N/A-3N/A12/31/2017331N/A-1N/A9/30/2017362N/A2N/A6/30/2017383N/A6N/A3/31/2017363N/A3N/A12/31/2016342N/A1N/A9/30/2016322N/A0N/A6/30/2016301N/A-2N/A3/31/2016291N/A0N/A12/31/2015271N/A2N/A9/30/2015251N/A1N/A6/30/2015241N/A0N/A3/31/2015231N/A1N/A12/31/2014231N/A2N/A9/30/2014231N/A1N/A6/30/2014231N/A1N/A3/31/2014231N/A1N/A12/31/2013231N/A0N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: V3S 은 향후 3년 동안 수익을 낼 것으로 예상되며, 이는 절약률(1%)보다 빠른 성장으로 간주됩니다.수익 vs 시장: V3S (는) 향후 3년 동안 평균 시장 성장보다 높은 수익을 올릴 것으로 예상됩니다.고성장 수익: V3S 향후 3년 내에 수익을 낼 것으로 예상됩니다.수익 대 시장: V3S 의 수익(연간 12.8%)이 German 시장(연간 6.4%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: V3S 의 수익(연간 12.8%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: V3S의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YTech 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2024/12/28 20:41종가2024/09/30 00:00수익2024/06/30연간 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 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.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 소스Vectron Systems AG는 4명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Alina KohlerHauck Aufhäuser Investment BankingMatthias DesmaraisODDO BHF Corporate & MarketsOliver PuckerODDO BHF Corporate & Markets1명의 분석가 더 보기
Price Target Changed • Aug 14Price target increased by 44% to €9.50Up from €6.59, the current price target is an average from 2 analysts. New target price is 77% above last closing price of €5.38. Stock is up 55% over the past year. The company is forecast to post a net loss per share of €0.03 next year compared to a net loss per share of €0.65 last year.
Price Target Changed • Jun 02Price target increased by 44% to €9.50Up from €6.59, the current price target is an average from 2 analysts. New target price is 131% above last closing price of €4.11. Stock is up 5.9% over the past year. The company is forecast to post a net loss per share of €0.03 next year compared to a net loss per share of €0.65 last year.
Price Target Changed • Nov 16Price target decreased to €6.28Down from €6.84, the current price target is an average from 3 analysts. New target price is 97% above last closing price of €3.18. Stock is down 65% over the past year. The company is forecast to post a net loss per share of €0.47 compared to earnings per share of €0.30 last year.
Price Target Changed • Sep 13Price target decreased to €6.29Down from €7.34, the current price target is an average from 2 analysts. New target price is 72% above last closing price of €3.65. Stock is down 64% over the past year. The company posted earnings per share of €0.30 last year.
Price Target Changed • Aug 30Price target decreased to €6.84Down from €7.59, the current price target is provided by 1 analyst. New target price is 96% above last closing price of €3.50. Stock is down 67% over the past year. The company is forecast to post earnings per share of €0.32 for next year compared to €0.30 last year.
Price Target Changed • Jun 22Price target decreased to €7.59Down from €10.97, the current price target is an average from 3 analysts. New target price is 112% above last closing price of €3.58. Stock is down 73% over the past year. The company is forecast to post earnings per share of €0.05 for next year compared to €0.30 last year.
공지 • Sep 17Verve Group SE (XTRA:M8G) signed an agreement to acquire acardo technologies AG from Vectron Systems AG (LSE:0W1I) for €24.5 million.Verve Group SE (XTRA:M8G) signed an agreement to acquire acardo technologies AG from Vectron Systems AG (LSE:0W1I) for €24.5 million on September 16, 2025. The total purchase price of €24.5 million reflects an EBITDA multiple of about 6 x EBITDA before synergies, respectively about 4 x EBITDA after synergies. Given the technological setup of Acardo, the seamless integration of the company’s technology under the existing management structure will not lead to the requirement of a technological integration. The transaction is structured with a €17.2 million cash consideration at closing as well as an additional €7.3 million differed cash consideration 12 months after closing. Vectron Systems AG will receive a purchase price of €24.5 million plus cash holdings and other purchase price adjustments from the sale. It should be noted that various payments are to be made by Vectron from the purchase price. These mainly relate to earn-out claims and seller loans from the former shareholders of acardo group AG, as well as an intercompany loan from acardo group AG to Vectron Systems AG. The expected completion of the transaction is October 1, 2025.
공지 • Feb 22Vectron Systems AG Announces Management ChangesVectron Systems AG announced that as of November 30th, 2024, two out of three Supervisory Board members, Andreas Prenner (Deputy Chairman) and Jürgen Gallmann, have resigned. Upon recommendation of the Management Board, the Local Court of Münster appointed two members of Shift4 Group’s Executive Board, Jordan Frankel (Group Legal Counsel) and Luke Thomas (Chief Strategy Officer), as new members of the Supervisory Board with effect from December 1st, 2024. They are up for re-election or confirmation by the Annual General Meeting scheduled on July 2nd, 2025. Prof. Dr. Dr. Claudius Schikora will remain on the Supervisory Board as Chairman and as independent member. At its ordinary meeting on December 18, 2024, the Supervisory Board elected Jordan Frankel, who accepted this election, as the new Deputy Chairman. The Supervisory Board thus not only reflects the approximate shareholding quota of Shift4, but also a competence profile that is appropriate to the market, supervisory and advisory requirements. With effect from December 31st, 2024, Christoph Thye has resigned from Vectron’s Management Board in agreement with the Supervisory Board. From now on, he will fully concentrate on his role as CEO of acardo group AG and, as such, will remain part of Vectron Group for this important business unit.
공지 • Sep 04Vectron Systems AG's Delisting to Take Effect At the End of 30 September 2024Following the majority takeover by the listed US group Shift 4, which was completed in June, Vectron Systems AG had already indicated in several publications that the stock exchange listing was to be discontinued. The Frankfurt Stock Exchange has informed Vectron Systems AG that the company's application to revoke the admission of Vectron shares (ISIN: DE000AOKEXC7) to trading on the Scale and Basic Board of the Frankfurt Stock Exchange has been granted. According to the notification of the Frankfurt Stock Exchange, the delisting will take effect at the end of 30 September 2024.
공지 • Jun 16Vectron Systems AG Shares to Delist Following the Tender OfferThe business combination of Vectron Systems AG ("Vectron") with the Shift4 group ("Shift4") announced on 1 June 2024 was previously subject to the condition that Shift4 succeeds in acquiring a total of at least 70% of Vectron's shares (including the shares from the planned capital increase). Shift4 has declared that it waives this condition, respectively that the condition is deemed to be fulfilled because the 70% threshold is nearly met. This means not only that the acquisition of approximately 41.4% of Vectron's share capital from the current CEO Thomas Stümmler and a company controlled by him will be completed, but also that the agreed Business Combination Agreement is finally binding and that the 10% capital increase from authorized capital will be subscribed by Shift4 and completed. The condition is also no longer relevant for the current tender offer for all Vectron shares at an offer price of EUR 10.50 per Vectron share. Following the tender offer a de-listing of the Vectron-share is envisaged with short notice.
공지 • Jun 15Shift4 Payments, Inc. (NYSE:FOUR) completed the acquisition of remaining 48.6% stake in Vectron Systems AG (XTRA:V3S).Shift4 Payments, Inc. (NYSE:FOUR) launched a tender offer to acquire remaining 48.6% stake in Vectron Systems AG (XTRA:V3S) for €41.1 million on June 1, 2024. The offer price of €10.50 per Vectron share corresponds to a premium of approx. 50.4% on the volume-weighted average share price of EUR 6.97 during the last six months prior to the announcement of the transaction. The Management Board and Supervisory Board of Vectron welcome the attractive offer price, fully support the takeover offer and, subject to review of the offer document once published by Shift4, expect to recommend that shareholders accept the offer. At the same time, Shift4 has entered into a share purchase agreement with the CEO, Thomas Stümmler, and a company controlled by him regarding the purchase of shares representing approx. 41.4% of the share capital of Vectron. In the Business Combination Agreement, Shift4 has further undertaken to subscribe to a capital increase from authorised capital by issuing 805,651 new shares (corresponding to 10% of the current share capital) at a price of €10.50 per share, i.e. issue proceeds of around €8.5 million. The capital increase subscription obligation of Shift4, the consummation of the intended takeover offer and the share purchase agreement with Thomas Stümmler and the company controlled by him are each subject, among other things, to the condition that Shift4 succeeds in acquiring a total of at least 70% of the Vectron shares (taking into account the new shares to be subscribed from the capital increase). In addition, the respective agreements are subject to further customary closing conditions. The transactions are not subject to any regulatory approval requirements or conditions. To this end, Vectron has undertaken to support possible structural measures, in particular a delisting of the Vectron shares from stock exchange trading, the conclusion of a domination agreement, a squeeze-out or other integration measures in due course at the request of Shift4 after completion of the acquisition offer.Such delisting does not trigger any obligation of Shift4 to make a (further) public offer to acquire Vectron Shares. The Vectron Management Board is to remain in office and Vectron is to distribute Shift4's payment processing services in Germany in future. Shift4 Payments, Inc. (NYSE:FOUR) completed the acquisition of remaining 48.6% stake in Vectron Systems AG (XTRA:V3S) on June 13, 2024. Shift4 has declared today that it waives this condition, respectively that the condition is deemed to be fulfilled because the 70% threshold is nearly met. This means not only that the acquisition of approximately 41.4% of Vectron's share capital from the current CEO Thomas Stümmler and a company controlled by him will be completed, but also that the agreed Business Combination Agreement is finally binding and that the 10% capital increase from authorized capital will be subscribed by Shift4 and completed. The condition is also no longer relevant for the current tender offer for all Vectron shares at an offer price of €10.50 per Vectron share. Following the tender offer a de-listing of the Vectron-share is envisaged with short notice.
공지 • May 15Vectron Systems AG, Annual General Meeting, Jun 19, 2024Vectron Systems AG, Annual General Meeting, Jun 19, 2024, at 11:00 W. Europe Standard Time.
공지 • Jan 13+ 1 more updateVectron Systems AG to Report First Half, 2024 Results on Sep 02, 2024Vectron Systems AG announced that they will report first half, 2024 results on Sep 02, 2024
Price Target Changed • Aug 14Price target increased by 44% to €9.50Up from €6.59, the current price target is an average from 2 analysts. New target price is 77% above last closing price of €5.38. Stock is up 55% over the past year. The company is forecast to post a net loss per share of €0.03 next year compared to a net loss per share of €0.65 last year.
New Risk • Aug 09New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 9.5% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.5% average weekly change). Minor Risk Market cap is less than US$100m (€42.9m market cap, or US$47.0m).
Price Target Changed • Jun 02Price target increased by 44% to €9.50Up from €6.59, the current price target is an average from 2 analysts. New target price is 131% above last closing price of €4.11. Stock is up 5.9% over the past year. The company is forecast to post a net loss per share of €0.03 next year compared to a net loss per share of €0.65 last year.
Buying Opportunity • Mar 27Now 21% undervaluedOver the last 90 days, the stock is up 17%. The fair value is estimated to be €5.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 4.4% in 2 years. Earnings is forecast to grow by 15% in the next 2 years.
공지 • Dec 16+ 1 more updateVectron Systems AG to Report First Half, 2023 Results on Aug 31, 2023Vectron Systems AG announced that they will report first half, 2023 results on Aug 31, 2023
Price Target Changed • Nov 16Price target decreased to €6.28Down from €6.84, the current price target is an average from 3 analysts. New target price is 97% above last closing price of €3.18. Stock is down 65% over the past year. The company is forecast to post a net loss per share of €0.47 compared to earnings per share of €0.30 last year.
Price Target Changed • Sep 13Price target decreased to €6.29Down from €7.34, the current price target is an average from 2 analysts. New target price is 72% above last closing price of €3.65. Stock is down 64% over the past year. The company posted earnings per share of €0.30 last year.
Reported Earnings • Sep 02First half 2022 earnings released: €0.12 loss per share (vs €0.32 profit in 1H 2021)First half 2022 results: €0.12 loss per share (down from €0.32 profit in 1H 2021). Revenue: €12.6m (down 41% from 1H 2021). Net loss: €980.0k (down 139% from profit in 1H 2021). Over the next year, revenue is forecast to stay flat compared to a 16% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings.
Price Target Changed • Aug 30Price target decreased to €6.84Down from €7.59, the current price target is provided by 1 analyst. New target price is 96% above last closing price of €3.50. Stock is down 67% over the past year. The company is forecast to post earnings per share of €0.32 for next year compared to €0.30 last year.
Valuation Update With 7 Day Price Move • Jun 29Investor sentiment improved over the past weekAfter last week's 31% share price gain to €4.13, the stock trades at a trailing P/E ratio of 13.6x. Average forward P/E is 17x in the Electronic industry in Germany. Total loss to shareholders of 59% over the past three years.
Price Target Changed • Jun 22Price target decreased to €7.59Down from €10.97, the current price target is an average from 3 analysts. New target price is 112% above last closing price of €3.58. Stock is down 73% over the past year. The company is forecast to post earnings per share of €0.05 for next year compared to €0.30 last year.
Valuation Update With 7 Day Price Move • Jun 14Investor sentiment improved over the past weekAfter last week's 17% share price gain to €4.50, the stock trades at a forward P/E ratio of 89x. Average forward P/E is 19x in the Electronic industry in Germany. Total loss to shareholders of 53% over the past three years.
Price Target Changed • May 03Price target decreased to €10.63Down from €11.78, the current price target is an average from 3 analysts. New target price is 113% above last closing price of €5.00. Stock is down 58% over the past year. The company is forecast to post earnings per share of €0.32 next year compared to a net loss per share of €0.26 last year.
Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improved over the past weekAfter last week's 21% share price gain to €6.69, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 23x in the Electronic industry in Germany. Total loss to shareholders of 8.2% over the past three years.
Price Target Changed • Feb 01Price target decreased to €11.78Down from €14.15, the current price target is an average from 3 analysts. New target price is 112% above last closing price of €5.55. Stock is down 42% over the past year. The company is forecast to post earnings per share of €0.32 next year compared to a net loss per share of €0.26 last year.
Price Target Changed • Jan 28Price target increased to €20.00Up from €14.00, the current price target is an average from 3 analysts. New target price is 234% above last closing price of €5.98. Stock is down 36% over the past year. The company is forecast to post earnings per share of €0.42 next year compared to a net loss per share of €0.26 last year.
Price Target Changed • Jun 10Price target increased to €16.65Up from €15.48, the current price target is an average from 4 analysts. New target price is 19% above last closing price of €13.98. Stock is up 78% over the past year.
Reported Earnings • May 09Full year 2020 earnings releasedThe company reported a soft full year result with increased losses and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: €28.8m (up 13% from FY 2019). Net loss: €2.07m (loss widened 48% from FY 2019).
Price Target Changed • May 07Price target increased to €21.50Up from €15.48, the current price target is an average from 3 analysts. New target price is 80% above last closing price of €11.96. Stock is up 31% over the past year.
Is New 90 Day High Low • Mar 09New 90-day high: €11.70The company is up 22% from its price of €9.56 on 09 December 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.28 per share.
Is New 90 Day High Low • Feb 07New 90-day low: €9.32The company is down 13% from its price of €10.70 on 09 November 2020. The German market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic 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 €3.37 per share.
Is New 90 Day High Low • Nov 28New 90-day high: €12.35The company is up 39% from its price of €8.88 on 28 August 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €25.32 per share.