Carlo Gavazzi Holding
Market Cap
CHF107.7m
Last Updated
2020/09/21 04:22 UTC
Data Sources
Company Financials +
Executive Summary
Carlo Gavazzi Holding AG, together with its subsidiaries, designs, manufactures, and markets electronic control components for building and industrial automation markets. More Details
Rewards
Risk Analysis
Snowflake Analysis
Undervalued with excellent balance sheet.
Similar Companies
Share Price & News
How has Carlo Gavazzi Holding's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GAV's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-2.3%
GAV
-0.03%
CH Electrical
1.1%
CH Market
1 Year Return
-41.7%
GAV
17.7%
CH Electrical
4.4%
CH Market
Return vs Industry: GAV underperformed the Swiss Electrical industry which returned 17.7% over the past year.
Return vs Market: GAV underperformed the Swiss Market which returned 4.4% over the past year.
Shareholder returns
| GAV | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.3% | -0.03% | 1.1% |
| 30 Day | -1.6% | 1.3% | 2.8% |
| 90 Day | -16.1% | 14.4% | 4.3% |
| 1 Year | -41.7%-41.7% | 23.1%17.7% | 8.0%4.4% |
| 3 Year | -53.4%-57.1% | 11.5%-1.0% | 23.0%8.1% |
| 5 Year | -14.7%-28.5% | 69.3%39.9% | 46.2%21.8% |
Price Volatility Vs. Market
How volatile is Carlo Gavazzi Holding's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Here's Why Carlo Gavazzi Holding (VTX:GAV) Can Manage Its Debt Responsibly3 weeks ago | Simply Wall St
Investors Don't See Light At End Of Carlo Gavazzi Holding AG's (VTX:GAV) Tunnel1 month ago | Simply Wall St
Are Carlo Gavazzi Holding's (VTX:GAV) Statutory Earnings A Good Reflection Of Its Earnings Potential?Valuation
Is Carlo Gavazzi Holding undervalued compared to its fair value and its price relative to the market?
22.4%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: GAV (CHF151.5) is trading below our estimate of fair value (CHF195.34)
Significantly Below Fair Value: GAV is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: GAV is good value based on its PE Ratio (17.7x) compared to the XE Electrical industry average (26.4x).
PE vs Market: GAV is good value based on its PE Ratio (17.7x) compared to the Swiss market (22.8x).
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 (1.2x) compared to the CH Electrical industry average (1.6x).
Next Steps
Future Growth
How is Carlo Gavazzi Holding forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
3.8%
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 (-0.2%).
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 (3.8% per year) is forecast to grow slower than the Swiss market (4.6% per year).
High Growth Revenue: GAV's revenue (3.8% 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%).
Next Steps
Past Performance
How has Carlo Gavazzi Holding performed over the past 5 years?
-7.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GAV has high quality earnings.
Growing Profit Margin: GAV's current net profit margins (4.1%) are lower than last year (6.9%).
Past Earnings Growth Analysis
Earnings Trend: GAV's earnings have declined by 7.5% per year over the past 5 years.
Accelerating Growth: GAV's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: GAV had negative earnings growth (-43.2%) over the past year, making it difficult to compare to the Electrical industry average (-11%).
Return on Equity
High ROE: GAV's Return on Equity (6.7%) is considered low.
Next Steps
Financial Health
How is Carlo Gavazzi Holding's financial position?
Financial Position Analysis
Short Term Liabilities: GAV's short term assets (CHF102.8M) exceed its short term liabilities (CHF28.5M).
Long Term Liabilities: GAV's short term assets (CHF102.8M) exceed its long term liabilities (CHF12.8M).
Debt to Equity History and Analysis
Debt Level: GAV's debt to equity ratio (1.6%) is considered satisfactory.
Reducing Debt: GAV's debt to equity ratio has increased from 0.9% to 1.6% over the past 5 years.
Debt Coverage: GAV's debt is well covered by operating cash flow (1029.2%).
Interest Coverage: GAV's interest payments on its debt are well covered by EBIT (56.4x coverage).
Balance Sheet
Next Steps
Dividend
What is Carlo Gavazzi Holding current dividend yield, its reliability and sustainability?
5.61%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GAV's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GAV's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if GAV's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GAV's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: GAV is not paying a notable dividend for the Swiss market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GAV'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?
11.2yrs
Average management tenure
CEO
Vittorio Rossi (62 yo)
11.25yrs
Tenure
CHF764,000
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 ($USD840.38K) is above average for companies of similar size in the Swiss market ($USD483.77K).
Compensation vs Earnings: Vittorio's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Financial Officer | 0.50yr | CHF79.00k | no data | |
| Chief Executive Officer of Automation Components Business Unit | 11.25yrs | CHF764.00k | no data | |
| Head of External Corporate Communications & Investor Relations | no data | no data | no data | |
| Secretary to the Board | 11.17yrs | no data | no data |
11.2yrs
Average Tenure
62yo
Average Age
Experienced Management: GAV's management team is seasoned and experienced (11.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director | 10.17yrs | CHF187.00k | no data | |
| Director | 16.67yrs | CHF75.00k | 0.13% CHF 138.0k | |
| Vice Chairman | no data | CHF164.00k | no data | |
| Chairman | 11.17yrs | no data | 41.47% CHF 44.6m |
11.2yrs
Average Tenure
50yo
Average Age
Experienced Board: GAV's board of directors are seasoned and experienced ( 11.2 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 company bio, 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: CHF107.673m
- Shares outstanding: 710.71k
- Website: https://www.carlogavazzi.com
Number of Employees
Location
- Carlo Gavazzi Holding AG
- Sumpfstrasse 3
- Steinhausen
- Zug
- 6312
- Switzerland
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| GAV | SWX (SIX Swiss Exchange) | Yes | Bearer Shares | CH | CHF | Jan 1992 |
| 0QL5 | LSE (London Stock Exchange) | Yes | Bearer Shares | GB | CHF | Jan 1992 |
| D9N | DB (Deutsche Boerse AG) | Yes | Bearer Shares | DE | EUR | Jan 1992 |
Biography
Carlo Gavazzi Holding AG, together with its subsidiaries, designs, manufactures, and markets electronic control components for building and industrial automation markets. The company’s products include sen ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/09/21 04:22 |
| End of Day Share Price | 2020/09/18 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2020/03/31 |
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.