VAT Group AG

SWX:VACN Stock Report

Market Cap: CHF 10.4b

VAT Group Valuation

Is VACN undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of VACN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: VACN (CHF343.2) is trading below our estimate of fair value (CHF530.89)

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

Key Valuation Metric

Which metric is best to use when looking at relative valuation for VACN?

Key metric: As VACN is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for VACN. This is calculated by dividing VACN's market cap by their current earnings.
What is VACN's PE Ratio?
PE Ratio51.4x
EarningsCHF 200.11m
Market CapCHF 10.41b

Price to Earnings Ratio vs Peers

How does VACN's PE Ratio compare to its peers?

The above table shows the PE ratio for VACN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average22.9x
GF Georg Fischer
25.1x19.3%CHF 5.4b
SUN Sulzer
18.7x11.3%CHF 4.6b
SCHN Schindler Holding
28.8x6.7%CHF 26.9b
SFSN SFS Group
19.1x10.7%CHF 4.9b
VACN VAT Group
51.4x21.8%CHF 10.4b

Price-To-Earnings vs Peers: VACN is expensive based on its Price-To-Earnings Ratio (51.4x) compared to the peer average (22.9x).

Price to Earnings Ratio vs Industry

How does VACN's PE Ratio compare vs other companies in the European Machinery Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
VACN 51.4xIndustry Avg. 17.5xNo. of Companies29PE01224364860+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: VACN is expensive based on its Price-To-Earnings Ratio (51.4x) compared to the European Machinery industry average (17.5x).

Price to Earnings Ratio vs Fair Ratio

What is VACN's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

VACN PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio51.4x
Fair PE Ratio34.1x

Price-To-Earnings vs Fair Ratio: VACN is expensive based on its Price-To-Earnings Ratio (51.4x) compared to the estimated Fair Price-To-Earnings Ratio (34.1x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst VACN forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCHF 343.20
CHF 420.53
+22.5%
16.1%CHF 550.00CHF 325.00n/a15
Nov ’25CHF 363.90
CHF 423.20
+16.3%
16.0%CHF 550.00CHF 325.00n/a15
Oct ’25CHF 424.60
CHF 473.67
+11.6%
18.0%CHF 700.00CHF 350.00n/a15
Sep ’25CHF 437.20
CHF 485.00
+10.9%
16.3%CHF 700.00CHF 370.00n/a15
Aug ’25CHF 440.30
CHF 475.75
+8.1%
17.7%CHF 700.00CHF 343.00n/a16
Jul ’25CHF 505.80
CHF 467.40
-7.6%
18.7%CHF 625.00CHF 322.00n/a15
Jun ’25CHF 486.60
CHF 456.31
-6.2%
18.2%CHF 625.00CHF 322.00n/a16
May ’25CHF 462.70
CHF 456.31
-1.4%
18.2%CHF 625.00CHF 322.00n/a16
Apr ’25CHF 467.30
CHF 428.89
-8.2%
17.1%CHF 585.00CHF 322.00n/a16
Mar ’25CHF 447.70
CHF 396.08
-11.5%
20.4%CHF 585.00CHF 278.00n/a16
Feb ’25CHF 409.30
CHF 393.64
-3.8%
20.2%CHF 585.00CHF 278.00n/a16
Jan ’25CHF 421.50
CHF 367.28
-12.9%
17.7%CHF 500.00CHF 278.00n/a16
Dec ’24CHF 403.80
CHF 348.71
-13.6%
17.5%CHF 500.00CHF 259.00n/a16
Nov ’24CHF 322.00
CHF 337.30
+4.8%
14.1%CHF 440.00CHF 259.00CHF 363.9015
Oct ’24CHF 329.00
CHF 338.50
+2.9%
16.9%CHF 440.00CHF 259.00CHF 424.6012
Sep ’24CHF 355.10
CHF 339.77
-4.3%
16.1%CHF 440.00CHF 259.00CHF 437.2013
Aug ’24CHF 370.10
CHF 336.67
-9.0%
16.5%CHF 440.00CHF 259.00CHF 440.3012
Jul ’24CHF 370.00
CHF 335.77
-9.3%
17.2%CHF 440.00CHF 259.00CHF 505.8013
Jun ’24CHF 372.50
CHF 327.08
-12.2%
15.7%CHF 412.00CHF 259.00CHF 486.6012
May ’24CHF 313.30
CHF 314.83
+0.5%
15.9%CHF 412.00CHF 259.00CHF 462.7012
Apr ’24CHF 328.20
CHF 308.73
-5.9%
15.3%CHF 405.00CHF 249.00CHF 467.3011
Mar ’24CHF 285.60
CHF 298.82
+4.6%
9.9%CHF 350.00CHF 249.00CHF 447.7011
Feb ’24CHF 288.00
CHF 298.82
+3.8%
9.9%CHF 350.00CHF 249.00CHF 409.3011
Jan ’24CHF 252.80
CHF 290.36
+14.9%
9.2%CHF 325.00CHF 249.00CHF 421.5011
Dec ’23CHF 264.80
CHF 278.09
+5.0%
9.3%CHF 320.00CHF 230.00CHF 403.8011
Nov ’23CHF 228.80
CHF 278.18
+21.6%
10.1%CHF 322.00CHF 230.00CHF 322.0011

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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