| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 1/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 5/6 |
GAV Overview
Carlo Gavazzi Holding AG, together with its subsidiaries, designs, manufactures, and markets electronic control components for building and industrial automation markets.
Carlo Gavazzi Holding Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CHF255.00 |
| 52 Week High | CHF145.00 |
| 52 Week Low | CHF276.00 |
| Beta | 0.68 |
| 1 Month Change | 1.19% |
| 3 Month Change | -5.20% |
| 1 Year Change | 71.72% |
| 3 Year Change | -12.07% |
| 5 Year Change | 5.81% |
| Change since IPO | 292.31% |
Recent News & Updates
Here's What's Concerning About Carlo Gavazzi Holding's (VTX:GAV) Returns On Capital
To avoid investing in a business that's in decline, there's a few financial metrics that can provide early indications...
What Kind Of Shareholders Hold The Majority In Carlo Gavazzi Holding AG's (VTX:GAV) Shares?
The big shareholder groups in Carlo Gavazzi Holding AG ( VTX:GAV ) have power over the company. Institutions often own...
Carlo Gavazzi Holding AG's (VTX:GAV) Has Been On A Rise But Financial Prospects Look Weak: Is The Stock Overpriced?
Carlo Gavazzi Holding's (VTX:GAV) stock is up by a considerable 21% over the past three months. However, we decided to...
Shareholder Returns
| GAV | CH Electrical | CH Market | |
|---|---|---|---|
| 7D | 2.8% | 4.0% | 2.0% |
| 1Y | 71.7% | 29.8% | 18.7% |
Return vs Industry: GAV exceeded the Swiss Electrical industry which returned 30.5% over the past year.
Return vs Market: GAV exceeded the Swiss Market which returned 19.5% over the past year.
Price Volatility
| GAV volatility | |
|---|---|
| GAV Beta | 0.68 |
| Industry Beta | 1.07 |
| Market Beta | 1 |
Stable Share Price: GAV is not significantly more volatile than the rest of Swiss stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: GAV's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1931 | 1,033 | Vittorio Rossi | https://www.carlogavazzi.com |
Carlo Gavazzi Holding AG, together with its subsidiaries, designs, manufactures, and markets electronic control components for building and industrial automation markets. Its products include sensors, monitoring relays, timers, energy management systems, solid state relays, electronic motor controllers, safety devices, and fieldbus systems. The company also designs and manufactures signaling equipment and safety relays for the railways market.
Carlo Gavazzi Holding Fundamentals Summary
| GAV fundamental statistics | |
|---|---|
| Market Cap | CHF180.52m |
| Earnings (TTM) | CHF12.06m |
| Revenue (TTM) | CHF148.19m |
15.0x
P/E Ratio1.2x
P/S RatioIs GAV overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| GAV income statement (TTM) | |
|---|---|
| Revenue | CHF148.19m |
| Cost of Revenue | CHF68.59m |
| Gross Profit | CHF79.60m |
| Expenses | CHF67.55m |
| Earnings | CHF12.06m |
Last Reported Earnings
Mar 31, 2021
Next Earnings Date
Nov 25, 2021
| Earnings per share (EPS) | 16.96 |
| Gross Margin | 53.71% |
| Net Profit Margin | 8.14% |
| Debt/Equity Ratio | 0% |
How did GAV perform over the long term?
See historical performance and comparisonDividends
4.7%
Current Dividend Yield71%
Payout RatioValuation
Is Carlo Gavazzi Holding undervalued compared to its fair value and its price relative to the market?
15.03x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: GAV (CHF255) is trading above our estimate of fair value (CHF243.98)
Significantly Below Fair Value: GAV is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: GAV is good value based on its PE Ratio (15x) compared to the Swiss Electrical industry average (20x).
PE vs Market: GAV is good value based on its PE Ratio (15x) compared to the Swiss market (21x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GAV's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GAV is good value based on its PB Ratio (1.7x) compared to the CH Electrical industry average (2x).
Future Growth
How is Carlo Gavazzi Holding forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
9.5%
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if GAV's forecast earnings growth is above the savings rate (-0.3%).
Earnings vs Market: Insufficient data to determine if GAV's earnings are forecast to grow faster than the Swiss market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: GAV's revenue (9.5% per year) is forecast to grow faster than the Swiss market (5.2% per year).
High Growth Revenue: GAV's revenue (9.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GAV's Return on Equity is forecast to be low in 3 years time (9.5%).
Past Performance
How has Carlo Gavazzi Holding performed over the past 5 years?
-8.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GAV has high quality earnings.
Growing Profit Margin: GAV's current net profit margins (8.1%) are higher than last year (4.1%).
Past Earnings Growth Analysis
Earnings Trend: GAV's earnings have declined by 8.4% per year over the past 5 years.
Accelerating Growth: GAV's earnings growth over the past year (98.5%) exceeds its 5-year average (-8.4% per year).
Earnings vs Industry: GAV earnings growth over the past year (98.5%) exceeded the Electrical industry 53.9%.
Return on Equity
High ROE: GAV's Return on Equity (11.4%) is considered low.
Financial Health
How is Carlo Gavazzi Holding's financial position?
Financial Position Analysis
Short Term Liabilities: GAV's short term assets (CHF125.0M) exceed its short term liabilities (CHF35.7M).
Long Term Liabilities: GAV's short term assets (CHF125.0M) exceed its long term liabilities (CHF13.9M).
Debt to Equity History and Analysis
Debt Level: GAV is debt free.
Reducing Debt: GAV has no debt compared to 5 years ago when its debt to equity ratio was 0.2%.
Debt Coverage: GAV has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GAV has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Carlo Gavazzi Holding current dividend yield, its reliability and sustainability?
4.71%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GAV's dividend (4.71%) is higher than the bottom 25% of dividend payers in the Swiss market (1.4%).
High Dividend: GAV's dividend (4.71%) is in the top 25% of dividend payers in the Swiss market (3.69%)
Stability and Growth of Payments
Stable Dividend: GAV's dividend payments have been volatile in the past 10 years.
Growing Dividend: GAV's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (70.7%), GAV's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: GAV's dividends in 3 years are forecast to be covered by earnings (77.7% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
12.3yrs
Average management tenure
CEO
Vittorio Rossi (63 yo)
12.33yrs
Tenure
CHF763,000
Compensation
Mr. Vittorio Rossi has been the Chief Executive Officer of Automation Components Business at Carlo Gavazzi Holding AG since June 2009. Mr. Rossi professional career from 1985 until 2002 with the Siemens Gr...
CEO Compensation Analysis
Compensation vs Market: Vittorio's total compensation ($USD826.22K) is about average for companies of similar size in the Swiss market ($USD709.67K).
Compensation vs Earnings: Vittorio's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: GAV's management team is seasoned and experienced (12.3 years average tenure).
Board Members
Experienced Board: GAV's board of directors are seasoned and experienced ( 12.3 years average tenure).
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
Carlo Gavazzi Holding AG's employee growth, exchange listings and data sources
Key Information
- Name: Carlo Gavazzi Holding AG
- Ticker: GAV
- Exchange: SWX
- Founded: 1931
- Industry: Electrical Components and Equipment
- Sector: Capital Goods
- Market Cap: CHF180.520m
- Shares outstanding: 710.71k
- Website: https://www.carlogavazzi.com
Number of Employees
Location
- Carlo Gavazzi Holding AG
- Sumpfstrasse 3
- Steinhausen
- Zug
- 6312
- Switzerland
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/15 22:38 |
| End of Day Share Price | 2021/10/15 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2021/03/31 |
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.