SWX:FTON

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Feintool International Holding

Executive Summary

Feintool International Holding AG, together with its subsidiaries, provides fineblanked, formed steel components, and stamped electro sheet metal products worldwide.


Snowflake Analysis

Good value with adequate balance sheet.

Share Price & News

How has Feintool International Holding's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: FTON's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

15.1%

FTON

3.4%

CH Machinery

2.3%

CH Market


1 Year Return

-18.2%

FTON

2.5%

CH Machinery

3.2%

CH Market

Return vs Industry: FTON underperformed the Swiss Machinery industry which returned 1.8% over the past year.

Return vs Market: FTON underperformed the Swiss Market which returned 3.6% over the past year.


Shareholder returns

FTONIndustryMarket
7 Day15.1%3.4%2.3%
30 Day27.5%12.7%4.9%
90 Day18.5%11.6%2.7%
1 Year-18.2%-18.2%6.1%2.5%6.6%3.2%
3 Year-53.7%-55.8%7.5%-1.2%21.1%8.7%
5 Year-42.0%-46.3%41.6%20.0%32.6%10.5%

Price Volatility Vs. Market

How volatile is Feintool International Holding's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Feintool International Holding undervalued compared to its fair value and its price relative to the market?

27.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: FTON (CHF54.5) is trading below our estimate of fair value (CHF75.47)

Significantly Below Fair Value: FTON is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: FTON is poor value based on its PE Ratio (25.1x) compared to the Machinery industry average (19.4x).

PE vs Market: FTON is poor value based on its PE Ratio (25.1x) compared to the Swiss market (19.8x).


Price to Earnings Growth Ratio

PEG Ratio: FTON is good value based on its PEG Ratio (0.9x)


Price to Book Ratio

PB vs Industry: FTON is good value based on its PB Ratio (0.9x) compared to the CH Machinery industry average (2.1x).


Next Steps

Future Growth

How is Feintool International Holding forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

28.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: FTON's forecast earnings growth (28% per year) is above the savings rate (-0.2%).

Earnings vs Market: FTON's earnings (28% per year) are forecast to grow faster than the Swiss market (8.5% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: FTON's revenue (2.2% per year) is forecast to grow slower than the Swiss market (2.3% per year).

High Growth Revenue: FTON's revenue (2.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: FTON's Return on Equity is forecast to be low in 3 years time (6.2%).


Next Steps

Past Performance

How has Feintool International Holding performed over the past 5 years?

-2.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FTON has high quality earnings.

Growing Profit Margin: FTON's current net profit margins (1.7%) are lower than last year (4.5%).


Past Earnings Growth Analysis

Earnings Trend: FTON's earnings have declined by -2.6% per year over the past 5 years.

Accelerating Growth: FTON's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: FTON had negative earnings growth (-65.1%) over the past year, making it difficult to compare to the Machinery industry average (0.5%).


Return on Equity

High ROE: FTON's Return on Equity (3.4%) is considered low.


Next Steps

Financial Health

How is Feintool International Holding's financial position?


Financial Position Analysis

Short Term Liabilities: FTON's short term assets (CHF233.1M) exceed its short term liabilities (CHF165.6M).

Long Term Liabilities: FTON's short term assets (CHF233.1M) exceed its long term liabilities (CHF230.8M).


Debt to Equity History and Analysis

Debt Level: FTON's debt to equity ratio (49.1%) is considered high.

Reducing Debt: FTON's debt to equity ratio has increased from 15.2% to 49.1% over the past 5 years.

Debt Coverage: FTON's debt is well covered by operating cash flow (53.9%).

Interest Coverage: FTON's interest payments on its debt are well covered by EBIT (5.4x coverage).


Balance Sheet


Next Steps

Dividend

What is Feintool International Holding's current dividend yield, its reliability and sustainability?

0.92%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: FTON's dividend (0.92%) isn’t notable compared to the bottom 25% of dividend payers in the Swiss market (1.94%).

High Dividend: FTON's dividend (0.92%) is low compared to the top 25% of dividend payers in the Swiss market (3.83%).


Stability and Growth of Payments

Stable Dividend: FTON is not paying a notable dividend for the Swiss market, therefore no need to check if payments are stable.

Growing Dividend: FTON is not paying a notable dividend for the Swiss market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: FTON is not paying a notable dividend for the Swiss market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of FTON's dividend in 3 years as they are not forecast to pay a notable one for the Swiss market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.4yrs

Average management tenure


CEO

Knut Zimmer (56yo)

2.42yrs

Tenure

CHF923,986

Compensation

Mr. Knut Zimmer has been Chief Executive Officer and Head of System Parts segment at Feintool International Holding AG since January 01, 2018 and its Head of Business Unit System Parts Europe since August  ...


CEO Compensation Analysis

Compensation vs Market: Knut's total compensation ($USD965.97K) is about average for companies of similar size in the Swiss market ($USD811.22K).

Compensation vs Earnings: Knut's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Knut Zimmer
CEO, Head of System Parts segment & Head of Business Unit System Parts Europe2.42yrsCHF923.99k0.076% CHF204.2k
Thomas Bögli
Chief Financial Officer10.67yrsCHF711.56k0.083% CHF220.6k
Fritz Boesch
Founder & Honorary Chairman11.42yrsCHF75.13kno data
Bernhard Geisen
Chief Information Officerno datano datano data
Karin Labhart
Chief Communications Officer2.42yrsno datano data
Horst Linzbach
Chief Sales Officerno datano datano data
Christoph Trachsler
Head of System Parts USAno datano datano data
Marcel Pernici
Head of System Parts Asiano datano datano data
Markus Schaltegger
Head of Segment Fineblanking Technology3.42yrsno datano data
Winfried Blümel
Head of System Parts Europe0.42yrno datano data

2.4yrs

Average Tenure

61yo

Average Age

Experienced Management: FTON's management team is considered experienced (2.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Fritz Boesch
Founder & Honorary Chairman11.42yrsCHF75.13kno data
Alexander von Witzleben
Non-Executive Chairman of the Board11.42yrsCHF700.21k0.71% CHF1.9m
Heinz Loosli
Non-Executive Director3.42yrsCHF50.00k0.071% CHF189.7k
Christian Mader
Vice Chairman of the Board of Directors0.42yrno datano data
Norbert Indlekofer
Non Executive Director2.17yrsCHF90.21kno data
Marcus Bollig
Non-Executive Director0.17yrno datano data

2.8yrs

Average Tenure

58.5yo

Average Age

Experienced Board: FTON's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Feintool International Holding AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Feintool International Holding AG
  • Ticker: FTON
  • Exchange: SWX
  • Founded: 1959
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: CHF267.331m
  • Shares outstanding: 4.91m
  • Website: https://www.feintool.com

Number of Employees


Location

  • Feintool International Holding AG
  • Industriering 8
  • Lyss
  • Bern
  • 3250
  • Switzerland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FTONSWX (SIX Swiss Exchange)YesRegistered SharesCHCHFAug 1998
FTODB (Deutsche Boerse AG)YesRegistered SharesDEEURAug 1998
0QLMLSE (London Stock Exchange)YesRegistered SharesGBCHFAug 1998

Biography

Feintool International Holding AG, together with its subsidiaries, provides fineblanked, formed steel components, and stamped electro sheet metal products worldwide. It operates through two segments, System Parts and Fineblanking Technology. The System Parts segment develops, produces, and sells high-precision system components and assemblies using fineblanking and forming technology, as well as electronic sheet stamping; and production-specific tools to third-party customers. The Fineblanking Technology segment develops, manufactures, and sells presses, tools, peripheral systems, and various related services. It provides its products for use in automobile industry, such as engine, chassis, transmission, safety systems, and seat mechanisms applications, as well as for application in mechanical engineering, electrical industry, tools and household, and medical technology. The company was founded in 1959 and is headquartered in Lyss, Switzerland. Feintool International Holding AG is a subsidiary of Artemis Beteiligungen I AG. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/05 11:53
End of Day Share Price2020/06/04 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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 here.