AT & S Austria Technologie & Systemtechnik Aktiengesellschaft

WBAG:ATS Stock Report

Market Cap: €5.1b

AT & S Austria Technologie & Systemtechnik Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Michael Mertin

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure1yr
CEO ownershipn/a
Management average tenureless than a year
Board average tenure6.3yrs

Recent management updates

Recent updates

Narrative Update Apr 24

ATS: Higher Revenue Guidance Will Intensify Concerns Over Rich Future P/E

Analysts have lifted their price target for AT & S Austria Technologie & Systemtechnik from €47 to €59, citing recent upward revisions in Street research, including higher targets from Deutsche Bank. These changes are supported by updated assumptions on fair value, discount rate, revenue growth, profit margin, and future P/E.
Narrative Update Apr 10

ATS: Lower Discount Rate Will Heighten Concerns Around Revenue Guidance Risks

Analysts have lifted their price target on AT & S Austria Technologie & Systemtechnik from €50 to €55, citing a refined discount rate and P/E assumptions as the key drivers behind the updated fair value framework. Analyst Commentary Bullish Takeaways Bullish analysts see the refined discount rate and P/E assumptions as better aligned with how the market may value AT & S Austria Technologie & Systemtechnik, which supports the higher €55 price framework.
Narrative Update Mar 25

ATS: Margin Assumptions And Discount Rates Will Frame Revenue Guidance Risks

Analysts have nudged their price target on AT & S Austria Technologie & Systemtechnik up to €55 from €50, citing updated assumptions around discount rates, profit margins and future P/E multiples as key drivers of the change. Analyst Commentary Recent research focuses on updated assumptions around discount rates, profit margins and future P/E multiples, which together inform the revised €55 price target for AT & S Austria Technologie & Systemtechnik.
Narrative Update Mar 09

ATS: Higher Margin Assumptions Will Test Revenue Guidance And Execution

Analysts have lifted their price target for AT & S Austria Technologie & Systemtechnik from €50 to €55, citing expectations for stronger profit margins and a lower forward P/E in their updated models. Analyst Commentary Analysts updating their models around the new €55 price target are focusing on how the current valuation lines up with expected profitability and execution on growth plans.
Narrative Update Feb 23

ATS: Upgraded Outlook Will Test Revenue Guidance And Profitability Assumptions

Analysts have raised their fair value estimate for AT & S Austria Technologie & Systemtechnik from €34.20 to €47.00. This change reflects updated assumptions on growth, profitability and valuation that are in line with recent Street research, including higher price targets from major banks.
Narrative Update Feb 08

ATS: Rising P/E Expectations Will Likely Expose Ongoing Profitability Fragility

Analysts have raised their fair value estimate for AT & S Austria Technologie & Systemtechnik from €29.20 to €34.20, citing updated research that reflects revised P/E expectations along with recent price target increases, including Deutsche Bank's adjustment to €55. Analyst Commentary Bullish Takeaways Bullish analysts see the higher €55 price target as aligning with updated P/E expectations, which they view as more in line with AT & S Austria Technologie & Systemtechnik's current execution and earnings profile.
Narrative Update Jan 25

ATS: Higher Street Optimism Will Likely Highlight Ongoing Profitability Fragility

Narrative Update: AT & S Austria Technologie & Systemtechnik The updated analyst price target for AT & S Austria Technologie & Systemtechnik has moved from about €26.92 to roughly €29.20. This reflects a tighter discount rate and slightly stronger long term assumptions on revenue growth, profit margin and future P/E, supported by recent Street research that includes a Deutsche Bank target of €30 and a Buy rating with a €40 target from another firm.
Analysis Article Jan 22

AT & S Austria Technologie & Systemtechnik Aktiengesellschaft's (VIE:ATS) Popularity With Investors Is Clear

There wouldn't be many who think AT & S Austria Technologie & Systemtechnik Aktiengesellschaft's ( VIE:ATS...
Narrative Update Jan 09

ATS: Higher Price Hopes Will Likely Expose Fragile Profitability

Analysts have raised their price targets on AT & S Austria Technologie & Systemtechnik to a range of about €30 to €40. This reflects updated views on the shares, while key model inputs such as fair value, discount rate, revenue growth, profit margin, and future P/E remain broadly unchanged.
Narrative Update Dec 19

ATS: Defense Expansion Will Likely Expose Fragile Profitability Outlook

Analysts have significantly raised their price target for AT&S Austria Technologie & Systemtechnik, citing recent upward revisions to EUR 30 and EUR 40 that reflect growing confidence in the companys earnings outlook and valuation. Analyst Commentary Recent research updates highlight a more constructive stance on AT&S Austria Technologie & Systemtechnik, with price targets lifted into the EUR 30 to EUR 40 range and at least one rating upgrade, signaling improving confidence in both near term execution and the companys medium term growth trajectory.
Narrative Update Dec 04

ATS: Recent Rating Upgrades Will Likely Clash With Defense Expansion Risks

Analysts have raised their price target for AT & S Austria Technologie & Systemtechnik, lifting fair value from EUR 24.30 to approximately EUR 26.92 as they factor in higher expected profitability and a more favorable earnings multiple, supported by recent target increases to EUR 30 and EUR 40 from major research houses. Analyst Commentary Recent target hikes to EUR 30 and EUR 40 have sharpened the debate around whether AT & S Austria Technologie & Systemtechnik can sustain its improving fundamentals and justify a re rating of the shares.
Narrative Update Nov 20

ATS: Recent Upgrade Will Face Headwinds From Defense Market Expansion

Narrative Update on AT & S Austria Technologie & Systemtechnik Analysts have raised their price targets for AT & S Austria Technologie & Systemtechnik, increasing the previous range from EUR 18-19.20 to a new range of EUR 30 to EUR 40. This change is attributed to improved revenue growth and profit margin forecasts.
Narrative Update Nov 05

ATS: Recent Upgrade Will Not Offset Supply Chain And Cost Pressures

Analysts have raised their price target for AT & S Austria Technologie & Systemtechnik from €16.66 to €19.20. This reflects improved growth and profitability expectations, supported by recent positive research updates.
Analysis Article Oct 18

Investors Still Aren't Entirely Convinced By AT & S Austria Technologie & Systemtechnik Aktiengesellschaft's (VIE:ATS) Revenues Despite 40% Price Jump

AT & S Austria Technologie & Systemtechnik Aktiengesellschaft ( VIE:ATS ) shareholders would be excited to see that the...
Analysis Article Oct 08

Is It Too Late To Consider Buying AT & S Austria Technologie & Systemtechnik Aktiengesellschaft (VIE:ATS)?

While AT & S Austria Technologie & Systemtechnik Aktiengesellschaft ( VIE:ATS ) might not have the largest market cap...
New Narrative Sep 07

Manufacturing Delays In Austria And Malaysia Will Undermine Prospects

Key Takeaways Revenue growth is threatened by uncertain order conversion from AI, data center sectors, and risks from new facility ramp-ups, with market expectations possibly too optimistic. Geopolitical tensions, rapid technology shifts, and high ongoing costs could compress margins and undermine long-term profitability despite recent expansion efforts.
Analysis Article Aug 03

Here's What Analysts Are Forecasting For AT & S Austria Technologie & Systemtechnik Aktiengesellschaft (VIE:ATS) After Its First-Quarter Results

It's been a sad week for AT & S Austria Technologie & Systemtechnik Aktiengesellschaft ( VIE:ATS ), who've watched...
Analysis Article Jul 18

A Piece Of The Puzzle Missing From AT & S Austria Technologie & Systemtechnik Aktiengesellschaft's (VIE:ATS) 27% Share Price Climb

AT & S Austria Technologie & Systemtechnik Aktiengesellschaft ( VIE:ATS ) shares have continued their recent momentum...
Analysis Article Jul 08

Is AT & S Austria Technologie & Systemtechnik Aktiengesellschaft (VIE:ATS) Potentially Undervalued?

AT & S Austria Technologie & Systemtechnik Aktiengesellschaft ( VIE:ATS ), might not be a large cap stock, but it led...
Analysis Article Jun 12

Additional Considerations Required While Assessing AT & S Austria Technologie & Systemtechnik's (VIE:ATS) Strong Earnings

AT & S Austria Technologie & Systemtechnik Aktiengesellschaft's ( VIE:ATS ) robust earnings report didn't manage to...

CEO

Michael Mertin (59 yo)

1yr
Tenure

Dr. Michael Mertin is CEO & Member of Management Board of AT & S Austria Technologie & Systemtechnik Aktiengesellschaft from May 1, 2025 and serves as its President since May 1, 2025 and also serves as its...


Leadership Team

NamePositionTenureCompensationOwnership
Peter Griehsnig
CTO & Member of Management Board3.1yrs€764.00kno data
Michael Mertin
President1yrno datano data
Gerrit Steen
CFO & Member of Management Boardless than a yearno datano data
Silvo Leitner
Director of Corporate Financeno datano datano data
Philipp Gebhardt
Vice President Corporate Investor Relationsless than a yearno datano data
Gerhard Donner
Head of Audit & Complianceno datano datano data
Gerald Reischl
Director of Communications & Public Relationsno datano datano data
0.7yrs
Average Tenure
59yo
Average Age

Experienced Management: ATS's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Willibald Dörflinger
Honorary Member of the Supervisory Boardno datano datano data
Georg Riedl
Independent Deputy Chairman of the Supervisory Board27yrs€178.00kno data
Andreas Mattes
Chairman of Supervisory Boardless than a yearno datano data
Gertrude Tumpel-Gugerell
Independent Member of the Supervisory Board6.8yrs€98.00kno data
Karin Schaupp
Independent Member of the Supervisory Board14.8yrs€101.00kno data
Günter Pint
Employee Representative Member of Supervisory Board8.7yrsno datano data
Georg Hansis
Independent Member of the Supervisory Board5.8yrs€81.00kno data
Christa Koberl
Employee Representative Member of the Supervisory Board2.4yrsno datano data
Ronald Arh
Employee Representative Member of Supervisory Board1.1yrsno datano data
6.3yrs
Average Tenure
65yo
Average Age

Experienced Board: ATS's board of directors are considered experienced (6.3 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/25 09:56
End of Day Share Price 2026/05/22 00:00
Earnings2025/12/31
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

AT & S Austria Technologie & Systemtechnik Aktiengesellschaft is covered by 13 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Gustav FrobergBerenberg
Tammy QiuBerenberg
George BrownDeutsche Bank