Vetropack Holding AG, together with its subsidiaries, develops, manufactures, and sells glass packaging products in Switzerland, Austria, the Czech Republic, Croatia, Slovakia, Ukraine, and Italy.
Flawless balance sheet, undervalued and pays a dividend.
Share Price & News
How has Vetropack Holding's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: VETN has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: VETN exceeded the Swiss Packaging industry which returned 4.7% over the past year.
Return vs Market: VETN exceeded the Swiss Market which returned 1.2% over the past year.
Price Volatility Vs. Market
How volatile is Vetropack Holding's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StIs Vetropack Holding AG's (VTX:VETN) Latest Stock Performance Being Led By Its Strong Fundamentals?
1 month ago | Simply Wall StIs It Worth Buying Vetropack Holding AG (VTX:VETN) For Its 2.2% Dividend Yield?
1 month ago | Simply Wall StWe Think Vetropack Holding (VTX:VETN) Can Stay On Top Of Its Debt
Is Vetropack Holding undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: VETN (CHF51.5) is trading below our estimate of fair value (CHF115.08)
Significantly Below Fair Value: VETN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: VETN is good value based on its PE Ratio (14x) compared to the Packaging industry average (15x).
PE vs Market: VETN is good value based on its PE Ratio (14x) compared to the Swiss market (19.4x).
Price to Earnings Growth Ratio
PEG Ratio: VETN's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: VETN is good value based on its PB Ratio (1.4x) compared to the XE Packaging industry average (1.6x).
How is Vetropack Holding forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: VETN's earnings are forecast to decline over the next 3 years (-1.9% per year).
Earnings vs Market: VETN's earnings are forecast to decline over the next 3 years (-1.9% per year).
High Growth Earnings: VETN's earnings are forecast to decline over the next 3 years.
Revenue vs Market: VETN's revenue (0.7% per year) is forecast to grow slower than the Swiss market (2.3% per year).
High Growth Revenue: VETN's revenue (0.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: VETN's Return on Equity is forecast to be low in 3 years time (8.1%).
How has Vetropack Holding performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VETN has high quality earnings.
Growing Profit Margin: VETN's current net profit margins (10.1%) are higher than last year (8.3%).
Past Earnings Growth Analysis
Earnings Trend: VETN's earnings have grown by 11.6% per year over the past 5 years.
Accelerating Growth: VETN's earnings growth over the past year (25.6%) exceeds its 5-year average (11.6% per year).
Earnings vs Industry: VETN earnings growth over the past year (25.6%) exceeded the Packaging industry 11.3%.
Return on Equity
High ROE: VETN's Return on Equity (9.8%) is considered low.
How is Vetropack Holding's financial position?
Financial Position Analysis
Short Term Liabilities: VETN's short term assets (CHF365.0M) exceed its short term liabilities (CHF138.0M).
Long Term Liabilities: VETN's short term assets (CHF365.0M) exceed its long term liabilities (CHF59.0M).
Debt to Equity History and Analysis
Debt Level: VETN's debt to equity ratio (2.9%) is considered satisfactory.
Reducing Debt: VETN's debt to equity ratio has reduced from 4.9% to 2.9% over the past 5 years.
Debt Coverage: VETN's debt is well covered by operating cash flow (712.3%).
Interest Coverage: VETN earns more interest than it pays, so coverage of interest payments is not a concern.
What is Vetropack Holding current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: VETN's dividend (2.52%) is higher than the bottom 25% of dividend payers in the Swiss market (1.95%).
High Dividend: VETN's dividend (2.52%) is low compared to the top 25% of dividend payers in the Swiss market (3.91%).
Stability and Growth of Payments
Stable Dividend: VETN's dividends per share have been stable in the past 10 years.
Growing Dividend: VETN's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (35.3%), VETN's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: VETN's dividends in 3 years are forecast to be well covered by earnings (40.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Johann Reiter (60yo)
Mr. Johann Reiter has been Member of Management Board at Vetropack Holding AG since November 1, 2010 and has been its CEO since 1 January 2018 and served as its serves as Head of Business Division Switzerl ...
CEO Compensation Analysis
Compensation vs Market: Johann's total compensation ($USD1.08M) is about average for companies of similar size in the Swiss market ($USD1.17M).
Compensation vs Earnings: Johann's compensation has been consistent with company performance over the past year.
|CEO & Member of the Group Management Board||2.5yrs||CHF1.02m||0.0033% CHF38.6k|
|CFO, Finance||18.17yrs||no data||no data|
|CTO, GM of Techniques & Production and Member of the Group Management Board||17.08yrs||no data||0.031% CHF360.5k|
|GM of the Business Division - Switzerland/Austria & Member of the Group Management Board||no data||no data||no data|
|CHRO, GM of HR Management & Staff Development and Member of the Group Management Board||1.83yrs||no data||no data|
|CCO, GM of Marketing||1.08yrs||no data||no data|
|Head of Group Controlling and Accounting||no data||no data||no data|
|Head of Internal Audit||no data||no data||no data|
|Head of Corporate Communication||13.25yrs||no data||no data|
|Head of Corporate Development||no data||no data||no data|
Experienced Management: VETN's management team is seasoned and experienced (7.9 years average tenure).
|Non-Executive Vice Chairman||no data||CHF107.40k||0.0044% CHF51.5k|
|Non-Executive Director||3.5yrs||CHF69.81k||0.011% CHF126.1k|
|Non-Executive Director||20.5yrs||CHF83.98k||0.0022% CHF25.7k|
|Non-Executive Director||14.5yrs||CHF69.81k||0.0022% CHF25.7k|
|Non-Executive Director||8.5yrs||CHF69.81k||0.0089% CHF103.0k|
|Non-Executive Director||11.17yrs||CHF69.81k||0.22% CHF2.6m|
Experienced Board: VETN's board of directors are considered experienced (9.8 years average tenure).
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 13.9%.
Vetropack Holding AG's company bio, employee growth, exchange listings and data sources
- Name: Vetropack Holding AG
- Ticker: VETN
- Exchange: SWX
- Founded: 1911
- Industry: Metal and Glass Containers
- Sector: Materials
- Market Cap: CHF1.163b
- Shares outstanding: 22.57m
- Website: https://www.vetropack.com
Number of Employees
- Vetropack Holding AG
- Schützenmattstrasse 48
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|VETN||SWX (SIX Swiss Exchange)||Yes||Bearer Shares||CH||CHF||Jan 1992|
|VV2N||DB (Deutsche Boerse AG)||Yes||Bearer Shares||DE||EUR||Jan 1992|
Vetropack Holding AG, together with its subsidiaries, develops, manufactures, and sells glass packaging products in Switzerland, Austria, the Czech Republic, Croatia, Slovakia, Ukraine, and Italy. It offers glass bottles and jars. The company serves food and beverage, pharmaceutical, and cosmetics industries. Vetropack Holding AG was founded in 1911 and is headquartered in Bülach, Switzerland.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/04 20:59|
|End of Day Share Price||2020/07/03 00:00|
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.