| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 5/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
MBTN Stock Overview
Meyer Burger Technology AG, a technology company, provides systems and production equipment to the photovoltaic industries.
Meyer Burger Technology Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CHF0.35 |
| 52 Week High | CHF0.59 |
| 52 Week Low | CHF0.33 |
| Beta | 2.93 |
| 1 Month Change | -15.69% |
| 3 Month Change | -23.44% |
| 1 Year Change | -7.54% |
| 3 Year Change | -56.47% |
| 5 Year Change | -56.47% |
| Change since IPO | -92.09% |
Recent News & Updates
Time To Worry? Analysts Are Downgrading Their Meyer Burger Technology AG (VTX:MBTN) Outlook
The latest analyst coverage could presage a bad day for Meyer Burger Technology AG ( VTX:MBTN ), with the analysts...
Shareholder Returns
| MBTN | CH Semiconductor | CH Market | |
|---|---|---|---|
| 7D | -8.9% | -3.7% | -1.3% |
| 1Y | -7.5% | 26.7% | 12.8% |
Return vs Industry: MBTN underperformed the Swiss Semiconductor industry which returned 27.1% over the past year.
Return vs Market: MBTN underperformed the Swiss Market which returned 14.7% over the past year.
Price Volatility
| MBTN volatility | |
|---|---|
| MBTN Average Weekly Movement | 5.9% |
| Semiconductor Industry Average Movement | 6.2% |
| Market Average Movement | 3.9% |
| 10% most volatile stocks in CH Market | 6.8% |
| 10% least volatile stocks in CH Market | 2.0% |
Stable Share Price: MBTN is more volatile than 75% of Swiss stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: MBTN's weekly volatility (6%) has been stable over the past year, but is still higher than 75% of Swiss stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1953 | 800 | Gunter Erfurt | https://www.meyerburger.com |
Meyer Burger Technology AG, a technology company, provides systems and production equipment to the photovoltaic industries. It operates through Photovoltaics, Specialized Technologies, Cells, and Modules segments. The company offers cells and modules based on proprietary Heterojunction and SmartWire technologies; and solar cells and modules lines.
Meyer Burger Technology Fundamentals Summary
| MBTN fundamental statistics | |
|---|---|
| Market Cap | CHF922.99m |
| Earnings (TTM) | -CHF64.32m |
| Revenue (TTM) | CHF57.41m |
16.1x
P/S Ratio-14.4x
P/E RatioIs MBTN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MBTN income statement (TTM) | |
|---|---|
| Revenue | CHF57.41m |
| Cost of Revenue | CHF37.06m |
| Gross Profit | CHF20.35m |
| Expenses | CHF84.67m |
| Earnings | -CHF64.32m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Mar 24, 2022
| Earnings per share (EPS) | -0.024 |
| Gross Margin | 35.45% |
| Net Profit Margin | -112.03% |
| Debt/Equity Ratio | 0.02% |
How did MBTN perform over the long term?
See historical performance and comparisonValuation
Is Meyer Burger Technology undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MBTN (CHF0.35) is trading below our estimate of fair value (CHF2.09)
Significantly Below Fair Value: MBTN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MBTN is unprofitable, so we can't compare its PE Ratio to the European Semiconductor industry average.
PE vs Market: MBTN is unprofitable, so we can't compare its PE Ratio to the Swiss market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MBTN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MBTN is good value based on its PB Ratio (4.1x) compared to the XE Semiconductor industry average (4.2x).
Future Growth
How is Meyer Burger Technology forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
102.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MBTN is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (-0.3%).
Earnings vs Market: MBTN is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: MBTN's is expected to become profitable in the next 3 years.
Revenue vs Market: MBTN's revenue (42.3% per year) is forecast to grow faster than the Swiss market (4.9% per year).
High Growth Revenue: MBTN's revenue (42.3% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MBTN's Return on Equity is forecast to be low in 3 years time (5.1%).
Past Performance
How has Meyer Burger Technology performed over the past 5 years?
12.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MBTN is currently unprofitable.
Growing Profit Margin: MBTN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MBTN is unprofitable, but has reduced losses over the past 5 years at a rate of 12.2% per year.
Accelerating Growth: Unable to compare MBTN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MBTN is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (100.8%).
Return on Equity
High ROE: MBTN has a negative Return on Equity (-28.59%), as it is currently unprofitable.
Financial Health
How is Meyer Burger Technology's financial position?
Financial Position Analysis
Short Term Liabilities: MBTN's short term assets (CHF150.6M) exceed its short term liabilities (CHF44.0M).
Long Term Liabilities: MBTN's short term assets (CHF150.6M) exceed its long term liabilities (CHF4.6M).
Debt to Equity History and Analysis
Debt Level: MBTN has more cash than its total debt.
Reducing Debt: MBTN's debt to equity ratio has reduced from 61.1% to 0.02% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: MBTN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MBTN has less than a year of cash runway if free cash flow continues to reduce at historical rates of 13.2% each year
Dividend
What is Meyer Burger Technology current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MBTN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MBTN'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 MBTN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MBTN's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MBTN'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?
1.0yrs
Average management tenure
CEO
Gunter Erfurt (48 yo)
4.92yrs
Tenure
CHF1,253,000
Compensation
Dr. Gunter Erfurt has been the Chief Executive Officer and Chairman of the Management Board at Meyer Burger (Germany) AG since December 23, 2015 and December 1, 2015 respectively. Dr. Erfurt had been the C...
CEO Compensation Analysis
Compensation vs Market: Gunter's total compensation ($USD1.37M) is about average for companies of similar size in the Swiss market ($USD1.26M).
Compensation vs Earnings: Insufficient data to compare Gunter's compensation with company performance.
Leadership Team
Experienced Management: MBTN's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Board Members
Experienced Board: MBTN's board of directors are not considered experienced ( 2.3 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 been diluted in the past year, with total shares outstanding growing by 5.7%.
Top Shareholders
Company Information
Meyer Burger Technology AG's employee growth, exchange listings and data sources
Key Information
- Name: Meyer Burger Technology AG
- Ticker: MBTN
- Exchange: SWX
- Founded: 1953
- Industry: Semiconductor Equipment
- Sector: Semiconductors
- Implied Market Cap: CHF922.993m
- Shares outstanding: 2.65b
- Website: https://www.meyerburger.com
Number of Employees
Location
- Meyer Burger Technology AG
- Schorenstrasse 39
- Thun
- Bern
- 3645
- Switzerland
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/21 21:16 |
| End of Day Share Price | 2022/01/21 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.