Stock Analysis
Polytec Holding (VIE:PYT) Full Year 2023 Results
Key Financial Results
- Revenue: €641.4m (up 6.6% from FY 2022).
- Net loss: €14.1m (loss widened by €11.8m from FY 2022).
- €0.64 loss per share (further deteriorated from €0.10 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Polytec Holding EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 24%.
Looking ahead, revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Auto Components industry in Europe.
Performance of the market in Austria.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 3 warning signs for Polytec Holding (1 can't be ignored!) that you need to be mindful of.
Valuation is complex, but we're helping make it simple.
Find out whether Polytec Holding is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
View the Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About WBAG:PYT
Polytec Holding
Polytec Holding AG, together with its subsidiaries, develops and manufactures plastic solutions for the passenger cars and light commercial vehicles, commercial vehicles, and smart plastic and industrial applications.
Reasonable growth potential with adequate balance sheet.