Major Estimate Revision • Jun 19
Consensus EPS estimates upgraded to €0.17 loss The consensus outlook for fiscal year 2026 has been updated. 2026 losses forecast to reduce from -€0.367 to -€0.167 per share. Revenue forecast steady at €423.3m. Electronic industry in Austria expected to see average net income growth of 33% next year. Consensus price target of €6.77 unchanged from last update. Share price rose 3.4% to €5.52 over the past week. Announcement • Jun 17
Kapsch TrafficCom AG Provides Earnings Guidance for the Financial Year 2026-2027 Kapsch TrafficCom AG provided earnings guidance for the financial year 2026-2027. For the year, the company expects the market environment to remain challenging. From June 17, 2026 perspective, management expects revenue and EBIT to exceed the previous year’s figures. Reported Earnings • Mar 02
Third quarter 2026 earnings released: EPS: €0.038 (vs €0.23 in 3Q 2025) Third quarter 2026 results: EPS: €0.038 (down from €0.23 in 3Q 2025). Revenue: €107.3m (down 21% from 3Q 2025). Net income: €540.0k (down 84% from 3Q 2025). Profit margin: 0.5% (down from 2.5% in 3Q 2025). Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Electronic industry in Europe. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. Price Target Changed • Feb 21
Price target decreased by 15% to €6.93 Down from €8.17, the current price target is an average from 3 analysts. New target price is 20% above last closing price of €5.80. Stock is down 17% over the past year. The company is forecast to post a net loss per share of €0.073 next year compared to a net loss per share of €0.48 last year. Major Estimate Revision • Feb 18
Consensus EPS estimates fall by 67% The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from €445.0m to €420.3m. EPS estimate also fell from €0.46 per share to €0.153 per share. Net income forecast to shrink 62% next year vs 42% growth forecast for Electronic industry in Austria . Consensus price target down from €8.17 to €7.77. Share price fell 11% to €5.60 over the past week. Announcement • Dec 09
Kapsch TrafficCom AG, Annual General Meeting, Sep 09, 2026 Kapsch TrafficCom AG, Annual General Meeting, Sep 09, 2026. New Risk • Nov 26
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €85.5m (US$99.1m) 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 Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Earnings are forecast to decline by an average of 6.7% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (5.4% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (€85.5m market cap, or US$99.1m). Major Estimate Revision • Nov 25
Consensus EPS estimates fall by 43% The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from €0.81 to €0.46 per share. Revenue forecast steady at €445.0m. Net income forecast to shrink 34% next year vs 46% growth forecast for Electronic industry in Austria . Consensus price target down from €8.83 to €8.17. Share price was steady at €6.14 over the past week. New Risk • Nov 24
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 6.7% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (5.3% average weekly change). Earnings are forecast to decline by an average of 6.7% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results. Reported Earnings • Nov 21
Second quarter 2026 earnings released: €0.59 loss per share (vs €0.039 loss in 2Q 2025) Second quarter 2026 results: €0.59 loss per share (further deteriorated from €0.039 loss in 2Q 2025). Revenue: €136.1m (flat on 2Q 2025). Net loss: €8.19m (loss widened €7.63m from 2Q 2025). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Electronic industry in Europe. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Major Estimate Revision • Oct 29
Consensus revenue estimates fall by 12% The consensus outlook for revenues in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from €503.2m to €443.2m. EPS estimate fell from €1.48 to €0.81 per share. Net income forecast to shrink 24% next year vs 46% growth forecast for Electronic industry in Austria . Consensus price target down from €10.33 to €8.83. Share price fell 10% to €6.54 over the past week. Price Target Changed • Oct 28
Price target decreased by 11% to €9.50 Down from €10.67, the current price target is an average from 3 analysts. New target price is 42% above last closing price of €6.68. Stock is down 13% over the past year. The company is forecast to post earnings per share of €1.14 next year compared to a net loss per share of €0.48 last year. New Risk • Sep 21
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Austrian stocks, typically moving 4.6% 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 Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Earnings are forecast to decline by an average of 14% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (4.6% average weekly change). Large one-off items impacting financial results. Major Estimate Revision • Aug 29
Consensus EPS estimates fall by 18% The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from €1.81 to €1.48 per share. Revenue forecast steady at €503.2m. Net income forecast to grow 35% next year vs 35% growth forecast for Electronic industry in Austria. Consensus price target down from €10.67 to €10.33. Share price was steady at €7.32 over the past week. Reported Earnings • Aug 24
First quarter 2026 earnings released: EPS: €0.72 (vs €0.69 loss in 1Q 2025) First quarter 2026 results: EPS: €0.72 (up from €0.69 loss in 1Q 2025). Revenue: €100.4m (down 28% from 1Q 2025). Net income: €10.3m (up €20.2m from 1Q 2025). Profit margin: 10% (up from net loss in 1Q 2025). Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Electronic industry in Europe. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. New Risk • Aug 24
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 18% 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 (18% operating cash flow to total debt). Earnings are forecast to decline by an average of 21% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results. Announcement • Aug 04
Kapsch TrafficCom AG, Annual General Meeting, Sep 03, 2025 Kapsch TrafficCom AG, Annual General Meeting, Sep 03, 2025. Announcement • Jun 30
Kapsch TrafficCom AG Provides Earnings Guidance for the Financial year 25/26 Kapsch TrafficCom AG provided earnings guidance for the financial year 25/26. For the year, the company expects unchanged revenues of around EUR 510 million and an operating result (EBIT) in the order of around EUR 45 million, whereby additional positive one-off effects are possible in the course of the financial year. Reported Earnings • Jun 26
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: €0.48 loss per share (down from €1.72 profit in FY 2024). Revenue: €561.8m (up 4.3% from FY 2024). Net loss: €6.86m (down 130% from profit in FY 2024). Revenue missed analyst estimates by 5.5%. Earnings per share (EPS) also missed analyst estimates by 134%. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Electronic industry in Europe. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. New Risk • Jun 25
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Austrian stocks, typically moving 5.8% 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. This is currently the only risk that has been identified for the company. New Risk • Apr 07
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €88.7m (US$96.9m) 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. This is currently the only risk that has been identified for the company. Reported Earnings • Feb 23
Third quarter 2025 earnings released: EPS: €0.23 (vs €0.64 loss in 3Q 2024) Third quarter 2025 results: EPS: €0.23 (up from €0.64 loss in 3Q 2024). Revenue: €147.1m (up 10% from 3Q 2024). Net income: €3.33m (up €11.7m from 3Q 2024). Profit margin: 2.3% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Electronic industry in Europe. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. New Risk • Feb 15
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Austrian stocks, typically moving 5.7% 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. This is currently the only risk that has been identified for the company. New Risk • Jan 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Austrian stocks, typically moving 4.6% 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 Share price has been volatile over the past 3 months (4.6% average weekly change). Shareholders have been diluted in the past year (10.0% increase in shares outstanding). Market cap is less than US$100m (€86.9m market cap, or US$89.2m). New Risk • Nov 28
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €94.4m (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: Minor Risks Shareholders have been diluted in the past year (10.0% increase in shares outstanding). Market cap is less than US$100m (€94.4m market cap, or US$99.6m). Reported Earnings • Nov 21
Second quarter 2025 earnings released: €0.039 loss per share (vs €4.07 profit in 2Q 2024) Second quarter 2025 results: €0.039 loss per share (down from €4.07 profit in 2Q 2024). Revenue: €144.7m (up 7.8% from 2Q 2024). Net loss: €555.0k (down 101% from profit in 2Q 2024). Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Electronic industry in Europe. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. Major Estimate Revision • Sep 05
Consensus EPS estimates fall from profit to €0.44 loss, revenue upgraded The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from €556.9m to €582.1m. Now expected to report loss of -€0.44 instead of €0.78 per share profit. Electronic industry in Austria expected to see average net income growth of 36% next year. Consensus price target down from €15.00 to €13.00. Share price was steady at €8.40 over the past week. Price Target Changed • Sep 04
Price target decreased by 14% to €13.00 Down from €15.10, the current price target is provided by 1 analyst. New target price is 54% above last closing price of €8.44. Stock is down 18% over the past year. The company is forecast to post a net loss per share of €0.44 compared to earnings per share of €1.72 last year. Reported Earnings • Aug 23
First quarter 2025 earnings released: €0.69 loss per share (vs €0.45 loss in 1Q 2024) First quarter 2025 results: €0.69 loss per share (further deteriorated from €0.45 loss in 1Q 2024). Revenue: €142.1m (up 7.6% from 1Q 2024). Net loss: €9.92m (loss widened 69% from 1Q 2024). Revenue is forecast to grow 5.7% p.a. on average during the next 2 years, compared to a 8.6% growth forecast for the Electronic industry in Europe. Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Reported Earnings • Jun 23
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: €1.72 (up from €1.91 loss in FY 2023). Revenue: €538.8m (down 2.6% from FY 2023). Net income: €23.2m (up €48.0m from FY 2023). Profit margin: 4.3% (up from net loss in FY 2023). The move to profitability was driven by lower expenses. Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) also missed analyst estimates by 35%. Revenue is forecast to grow 5.5% p.a. on average during the next 2 years, compared to a 7.9% growth forecast for the Electronic industry in Europe. Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Major Estimate Revision • Mar 10
Consensus EPS estimates fall by 35% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €568.7m to €550.1m. EPS estimate also fell from €4.02 per share to €2.63 per share. Net income forecast to grow 50% next year vs 25% growth forecast for Electronic industry in Austria. Consensus price target broadly unchanged at €15.00. Share price was steady at €8.48 over the past week. New Risk • Jan 24
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 10.0% 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: Major Risk Earnings are forecast to decline by an average of 36% per year for the foreseeable future. Minor Risks High level of debt (111% net debt to equity). Shareholders have been diluted in the past year (10.0% increase in shares outstanding). Major Estimate Revision • Dec 13
Consensus EPS estimates fall by 29% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from €5.66 to €4.02. Revenue forecast unchanged from €568.7m at last update. Net income forecast to grow 46% next year vs 19% growth forecast for Electronic industry in Austria. Consensus price target down from €17.00 to €15.10. Share price was steady at €9.20 over the past week. New Risk • Nov 23
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Austrian stocks, typically moving 4.1% 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 Risk Earnings are forecast to decline by an average of 42% per year for the foreseeable future. Minor Risks High level of debt (111% net debt to equity). Share price has been volatile over the past 3 months (4.1% average weekly change). Reported Earnings • Nov 19
Second quarter 2024 earnings released: EPS: €4.07 (vs €0.12 in 2Q 2023) Second quarter 2024 results: EPS: €4.07 (up from €0.12 in 2Q 2023). Revenue: €134.3m (flat on 2Q 2023). Net income: €52.5m (up €50.9m from 2Q 2023). Profit margin: 39% (up from 1.2% in 2Q 2023). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Electronic industry in Europe. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Announcement • Nov 04
Kapsch TrafficCom AG, Annual General Meeting, Sep 04, 2024 Kapsch TrafficCom AG, Annual General Meeting, Sep 04, 2024. Announcement • Oct 26
Kapsch Trafficcom AG Announces Chief Financial Officer Changes Kapsch TrafficCom AG has decided not to renew the Executive Board contract of Andreas Hämmerle, Chief Financial Officer (CFO) of the company, which runs until 2024. Georg Kapsch (CEO) takes over the area of responsibility for finance from Mr. Hämmerle. Announcement • Sep 07
Kapsch TrafficCom AG Appoints Monika Brodey to the Supervisory Board Kapsch TrafficCom AG at the Annual General Meeting passed the appointment of Monika Brodey to the Supervisory Board for a term of office ending at the end of the Annual General Meeting deciding on the formal approval of actions for business year 2026/27. Reported Earnings • Aug 21
First quarter 2024 earnings released: €0.45 loss per share (vs €0.10 loss in 1Q 2023) First quarter 2024 results: €0.45 loss per share (further deteriorated from €0.10 loss in 1Q 2023). Revenue: €134.7m (up 3.2% from 1Q 2023). Net loss: €5.90m (loss widened 354% from 1Q 2023). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electronic industry in Europe. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Reported Earnings • Jun 17
Full year 2023 earnings released: €1.91 loss per share (vs €0.72 loss in FY 2022) Full year 2023 results: €1.91 loss per share (further deteriorated from €0.72 loss in FY 2022). Revenue: €575.8m (up 11% from FY 2022). Net loss: €24.8m (loss widened 166% from FY 2022). Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Announcement • Jan 18
Kontron AG (XTRA:SANT) completed the acquisition of Arce Mobility Solutions S.A.U. from Kapsch TrafficCom AG (WBAG:KTCG). Kontron AG (XTRA:SANT) agreed to acquire Arce Mobility Solutions from Kapsch TrafficCom AG (WBAG:KTCG) on August 29, 2022. The transaction is subject to regulatory approvals.
Kontron AG (XTRA:SANT) completed the acquisition of Arce Mobility Solutions S.A.U. from Kapsch TrafficCom AG (WBAG:KTCG) on January 17, 2023. Price Target Changed • Nov 16
Price target decreased to €20.00 Down from €22.00, the current price target is provided by 1 analyst. New target price is 76% above last closing price of €11.38. Stock is down 29% over the past year. The company is forecast to post earnings per share of €0.43 next year compared to a net loss per share of €0.72 last year. Announcement • Oct 19
Kapsch TrafficCom AG, Annual General Meeting, Sep 06, 2023 Kapsch TrafficCom AG, Annual General Meeting, Sep 06, 2023. Reported Earnings • Jun 22
Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2022 results: €0.72 loss per share (up from €7.91 loss in FY 2021). Revenue: €536.4m (up 6.2% from FY 2021). Net loss: €9.31m (loss narrowed 91% from FY 2021). Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) missed analyst estimates. Over the next year, revenue is expected to shrink by 5.1% compared to a 16% growth forecast for the industry in Austria. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings. Announcement • Jun 16
Kapsch TrafficCom AG Provides Earnings Guidance for the Year 2023 Kapsch TrafficCom AG provided earnings guidance for the year 2023. For the period, the company expects a clear improvement in profitability at a stable revenue level for the financial year 2022/23. Price Target Changed • Apr 27
Price target increased to €22.00 Up from €17.50, the current price target is provided by 1 analyst. New target price is 61% above last closing price of €13.68. Stock is down 7.2% over the past year. The company is forecast to post earnings per share of €0.11 next year compared to a net loss per share of €7.91 last year. Price Target Changed • Mar 31
Price target increased to €22.00 Up from €17.50, the current price target is provided by 1 analyst. New target price is 54% above last closing price of €14.30. Stock is down 4.7% over the past year. The company is forecast to post earnings per share of €0.62 next year compared to a net loss per share of €7.91 last year. Reported Earnings • Feb 26
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: €0.41 loss per share (up from €1.88 loss in 3Q 2021). Revenue: €124.0m (down 2.3% from 3Q 2021). Net loss: €5.49m (loss narrowed 77% from 3Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Over the next year, revenue is forecast to grow 17%, compared to a 16% growth forecast for the industry in Austria. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 43 percentage points per year, which is a significant difference in performance. Price Target Changed • May 12
Price target decreased to €16.50 Down from €20.50, the current price target is an average from 2 analysts. New target price is 17% above last closing price of €14.10. Stock is down 18% over the past year. Executive Departure • Apr 28
CEO & President of Kapsch TrafficCom IVHS Christopher Murray has left the company On the 19th of April, Christopher Murray, was replaced as CEO by Georg Kapsch after 10.2 years in the role. We don't have any record of a personal shareholding under Christopher's name. Christopher is the only executive to leave the company over the last 12 months. Under Christopher's leadership, the company delivered a total shareholder return of -72%. Announcement • Mar 09
The Norwegian Public Roads Administration Assigns Kapsch Trafficcom to Deliver A New Multi-Lane Free-Flow Tolling System At Ryfast, Norway The Norwegian Public Roads Administration (Statens Vegvesen) assigned Kapsch TrafficCom (Kapsch) in October 2020 to deliver a new Multi-Lane Free-Flow (MLFF) tolling system at Ryfast, Norway. Only 13 weeks after the contract signature, the system with 6 tolling points went successfully into operation on February 1, 2021. The Ryfast sub-sea tunnel system runs from the city of Stavanger to the municipality of Strand. It is one of the longest and deepest undersea road tunnels in the world, with the Ryfylke tunnel of 14.3 kilometres length and 292 meters deep. After implementing the high performance system in record time of only 13 weeks, the Kapsch MLFF G3 tolling system is now in operation since the beginning of February. The tolling system detects and identifies all passing vehicles with video technology, which classifies the vehicles and captures their front- and rear license plates. Through microwaves, the tolling system also detects and reads AutoPass toll tags, which are linked to the vehicle’s license plate number. The information captured by the tolling system is transmitted to a back-office for further processing and invocing of the vehicle owners. Price Target Changed • Feb 24
Price target raised to €17.83 Up from €16.33, the current price target is an average from 2 analysts. The new target price is 21% above the current share price of €14.70. As of last close, the stock is down 38% over the past year. Reported Earnings • Feb 20
Third quarter 2021 earnings released: €1.88 loss per share The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: €127.0m (down 32% from 3Q 2020). Net loss: €24.3m (loss widened €22.3m from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Jan 04
New 90-day high: €14.40 The company is up 24% from its price of €11.65 on 06 October 2020. The Austrian market is up 27% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Electronic 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 €13.01 per share. Announcement • Dec 10
Kapsch TrafficCom AG to Report Q2, 2022 Results on Nov 18, 2021 Kapsch TrafficCom AG announced that they will report Q2, 2022 results on Nov 18, 2021 Price Target Changed • Dec 08
Price target lowered to €12.25 Down from €16.33, the current price target is an average from 3 analysts. The new target price is 6.5% below the current share price of €13.10. As of last close, the stock is down 54% over the past year. Reported Earnings • Nov 20
Second quarter 2021 earnings released: €3.46 loss per share The company reported a poor second quarter result with weaker earnings, revenues and control over expenses. Second quarter 2021 results: Revenue: €121.1m (down 32% from 2Q 2020). Net loss: €43.7m (down €43.7m from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 86% per year but the company’s share price has only fallen by 36% per year, which means it has not declined as severely as earnings. Announcement • Nov 20
Kapsch Completes New All-Electronic Toll System for New York State Thruway Kapsch announced that the new all-electronic tolling (AET) system developed for the New York State Thruway Authority (NYSTA) is now fully operational and in revenue service. After intensive testing and final configuration, the new system went live on November 14, 2020. All road users pay their vehicle tolls on NYSTA-operated roads through automatic electronic toll collection (ETC). The New York State Thruway Authority operates a completely cashless AET system. Vehicles can pay tolls while traveling at highway speeds below the new high-volume Kapsch gantries, or are tolled at NYSTA-operated entry and exit points that also use the ETC method. Remaining toll plaza infrastructure will eventually be removed. Sensors and lasers automatically determine vehicle class, which define the toll rate applied to each vehicle. Charges are billed to the driver’s E-ZPass account if they have a transponder, or by mail to the vehicle’s registered owner using license plate information. Unique system features include a redundant and dual central host system, walkable gantries and bracket-mounted equipment for performing tool-less maintenance without lane closures, and automatic classification of the 26 NYSTA vehicle classes using advanced sensor metrics and algorithms. In order to meet the project timeframe, Kapsch deployed teams simultaneously at six sites across New York state where the teams coordinated with Kapsch and NYSTA subcontractors to install and test the AET equipment while keeping roadways open to traffic. Announcement • Nov 19
Kapsch Introduces New Connected Vehicle Product Suite Kapsch TrafficCom to showcase its 9360? product suite of onboard and roadside units, which enable dedicated cellular vehicle-to-everything (C-V2X) applications. The 9360 suite follows the 9260 and 9160 sets, which are used for dual-mode/dual-active and DSRC applications respectively. The C-V2X-only product suite targets the recent Federal Communications Commission (FCC) report and order to reallocate spectrum for the 5.9 GHz communications band and endorse the use of C-V2X for intelligent transportation system (ITS) safety, and indicates Kapsch support for diverse connected vehicle applications in the future. The 9360 product suite comprises the RIS-9360 roadside unit [1] (RSU) and the in-vehicle CBX-9360 onboard unit (OBU). Roadway operators can install the RSU for infrastructure-based safety and mobility services, while fleet operators such as first responders or transit authorities can implement preemption and priority services. The CBX has multiple technical interfaces that allow for various integration methods within the vehicle including USB, ethernet, Wi-Fi, Bluetooth, and a cellular backhaul making it a versatile choice for deploying connected vehicle solutions to the field. Together the duo can support current and future ITS applications both in the safety and mobility space. Kapsch has applied for OmniAir C-V2X certification for the 9360 products. Kapsch 9160 DSRC and 9260 dual mode/dual-active connected vehicle products have already achieved DSRC certification. Upon OmniAir C-V2X program initiation, Kapsch is first in line for certification. The 9360-RSU and 9360-CBX are designed for multi-regional functionality in North America, Europe, and Asia and were developed to meet all international certification standards. Major Estimate Revision • Nov 11
Analysts update estimates The 2021 consensus revenue estimate was lowered from €646.4m to €568.7m. Earning per share (EPS) estimate was unchanged from the last update at -€0.86. The Electronic industry in Austria is expected to see an average net income growth of 14% next year. The consensus price target was lowered from €17.75 to €16.33. Share price is up 11% to €13.00 over the past week. Price Target Changed • Nov 10
Price target lowered to €16.33 Down from €18.00, the current price target is an average from 3 analysts. The new target price is 26% above the current share price of €13.00. As of last close, the stock is down 55% over the past year. Announcement • Nov 03
The management of Fluidtime acquired 75.5% stake in Fluidtime Data Services GmbH from Kapsch TrafficCom AG (WBAG:KTCG) in a management buyout transaction. The management of Fluidtime acquired 75.5% stake in Fluidtime Data Services GmbH from Kapsch TrafficCom AG (WBAG:KTCG) in a management buyout transaction on November 1, 2020.
The management of Fluidtime completed the acquisition of 75.5% stake in Fluidtime Data Services GmbH from Kapsch TrafficCom AG (WBAG:KTCG) in a management buyout transaction on November 1, 2020. Is New 90 Day High Low • Oct 29
New 90-day low: €11.00 The company is down 28% from its price of €15.35 on 30 July 2020. The Austrian market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €13.95 per share.