Pfeiffer Vacuum Technology
Market Cap
€1.5b
Last Updated
2020/12/04 18:40 UTC
Data Sources
Company Financials +
Executive Summary
Pfeiffer Vacuum Technology AG develops, manufactures, and markets components and systems for vacuum generation, measurement, and analysis. More Details
Rewards
Risk Analysis
No risks detected for PFV from our risk checks.
Snowflake Analysis
Excellent balance sheet with moderate growth potential.
Similar Companies
Share Price & News
How has Pfeiffer Vacuum Technology's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PFV is less volatile than 75% of German stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: PFV's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
-0.6%
PFV
-0.5%
DE Machinery
0.5%
DE Market
1 Year Return
-2.5%
PFV
6.6%
DE Machinery
2.2%
DE Market
Return vs Industry: PFV underperformed the German Machinery industry which returned 6.3% over the past year.
Return vs Market: PFV underperformed the German Market which returned 2.3% over the past year.
Shareholder returns
| PFV | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.6% | -0.5% | 0.5% |
| 30 Day | -1.5% | 8.3% | 7.9% |
| 90 Day | -2.5% | 4.8% | 4.6% |
| 1 Year | -1.7%-2.5% | 9.1%6.6% | 5.5%2.2% |
| 3 Year | 6.0%2.0% | -29.1%-33.6% | 4.4%-4.7% |
| 5 Year | 80.5%62.4% | -4.3%-14.5% | 30.5%12.2% |
Long-Term Price Volatility Vs. Market
How volatile is Pfeiffer Vacuum Technology's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall St
Is Pfeiffer Vacuum Technology AG (ETR:PFV) A Smart Choice For Dividend Investors?2 weeks ago | Simply Wall St
What Did Pfeiffer Vacuum Technology's (ETR:PFV) CEO Take Home Last Year?4 weeks ago | Simply Wall St
Pfeiffer Vacuum Technology AG Just Beat EPS By 124%: Here's What Analysts Think Will Happen NextValuation
Is Pfeiffer Vacuum Technology undervalued compared to its fair value and its price relative to the market?
40.05x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: PFV (€156) is trading above our estimate of fair value (€96.81)
Significantly Below Fair Value: PFV is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PFV is poor value based on its PE Ratio (40.1x) compared to the DE Machinery industry average (31.9x).
PE vs Market: PFV is poor value based on its PE Ratio (40.1x) compared to the German market (23.3x).
Price to Earnings Growth Ratio
PEG Ratio: PFV is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: PFV is overvalued based on its PB Ratio (3.9x) compared to the DE Machinery industry average (1.6x).
Next Steps
Future Growth
How is Pfeiffer Vacuum Technology forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
32.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PFV's forecast earnings growth (32.1% per year) is above the savings rate (0.2%).
Earnings vs Market: PFV's earnings (32.1% per year) are forecast to grow faster than the German market (27.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: PFV's revenue (4.6% per year) is forecast to grow slower than the German market (5.9% per year).
High Growth Revenue: PFV's revenue (4.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PFV's Return on Equity is forecast to be low in 3 years time (12.8%).
Next Steps
Past Performance
How has Pfeiffer Vacuum Technology performed over the past 5 years?
2.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PFV has high quality earnings.
Growing Profit Margin: PFV's current net profit margins (6.2%) are lower than last year (8.5%).
Past Earnings Growth Analysis
Earnings Trend: PFV's earnings have grown by 2.9% per year over the past 5 years.
Accelerating Growth: PFV's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: PFV had negative earnings growth (-29.2%) over the past year, making it difficult to compare to the Machinery industry average (-48%).
Return on Equity
High ROE: PFV's Return on Equity (9.7%) is considered low.
Next Steps
Financial Health
How is Pfeiffer Vacuum Technology's financial position?
Financial Position Analysis
Short Term Liabilities: PFV's short term assets (€363.8M) exceed its short term liabilities (€121.9M).
Long Term Liabilities: PFV's short term assets (€363.8M) exceed its long term liabilities (€140.9M).
Debt to Equity History and Analysis
Debt Level: PFV's debt to equity ratio (15.2%) is considered satisfactory.
Reducing Debt: PFV's debt to equity ratio has increased from 10.4% to 15.2% over the past 5 years.
Debt Coverage: PFV's debt is well covered by operating cash flow (111.3%).
Interest Coverage: PFV's interest payments on its debt are well covered by EBIT (75.6x coverage).
Balance Sheet
Next Steps
Dividend
What is Pfeiffer Vacuum Technology current dividend yield, its reliability and sustainability?
0.80%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PFV's dividend (0.8%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.14%).
High Dividend: PFV's dividend (0.8%) is low compared to the top 25% of dividend payers in the German market (3.71%).
Stability and Growth of Payments
Stable Dividend: PFV's dividend payments have been volatile in the past 10 years.
Growing Dividend: PFV's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (32.1%), PFV's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: PFV's dividends in 3 years are forecast to be well covered by earnings (37.3% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
0.9yrs
Average management tenure
CEO
Eric Taberlet
3.08yrs
Tenure
€606,000
Compensation
Dr. Eric Taberlet has been Chief Executive Officer of Pfeiffer Vacuum Technology AG since November 27, 2017 and has been its Chairman of the Management Board since November 27, 2017. Dr. Taberlet serves as...
CEO Compensation Analysis
Compensation vs Market: Eric's total compensation ($USD735.44K) is below average for companies of similar size in the German market ($USD1.59M).
Compensation vs Earnings: Eric's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Management Board | 3.08yrs | €606.00k | no data | |
| Member of the Management Board & COO | 0.92yr | no data | no data | |
| Member of Management Board | 0.17yr | no data | no data | |
| Investor Relations Manager | no data | no data | no data | |
| Head of Coating Market | no data | no data | no data | |
| Managing Director of Trionos Vaccum Systems | no data | no data | no data |
0.9yrs
Average Tenure
Experienced Management: PFV's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Vice Chairman of Supervisory Board | 14.58yrs | €70.00k | no data | |
| Independent Member of Supervisory Board | 2.75yrs | €35.00k | no data | |
| Independent Member of Supervisory Board | 4.58yrs | €35.00k | no data | |
| Independent Chairwoman of Supervisory Board | 3.08yrs | €105.00k | no data | |
| Employee Representative Member of Supervisory Board | 1.42yrs | €17.50k | no data | |
| Member of Supervisory Board | 0.92yr | no data | no data |
2.9yrs
Average Tenure
57yo
Average Age
Experienced Board: PFV's board of directors are not considered experienced ( 2.9 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 not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Pfeiffer Vacuum Technology AG's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Pfeiffer Vacuum Technology AG
- Ticker: PFV
- Exchange: XTRA
- Founded: 1890
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: €1.514b
- Shares outstanding: 9.87m
- Website: https://group.pfeiffer-vacuum.com
Number of Employees
Location
- Pfeiffer Vacuum Technology AG
- Berliner Strasse 43
- Asslar
- Wetzlar
- Hessen
- 35614
- Germany
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| PFV | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Apr 1998 |
| PFV | XTRA (XETRA Trading Platform) | Yes | Ordinary Shares | DE | EUR | Apr 1998 |
| 0FQR | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | EUR | Apr 1998 |
| PFFV.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Apr 1998 |
| PFVD | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | EUR | Apr 1998 |
| PFV | SWX (SIX Swiss Exchange) | Yes | Ordinary Shares | CH | CHF | Apr 1998 |
| PFV | WBAG (Wiener Boerse AG) | Yes | Ordinary Shares | AT | EUR | Apr 1998 |
| PFV | ETLX (Eurotlx) | Yes | Ordinary Shares | IT | EUR | Apr 1998 |
Biography
Pfeiffer Vacuum Technology AG develops, manufactures, and markets components and systems for vacuum generation, measurement, and analysis. The company provides helium leak detectors. It offers hybrid beari...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/12/04 18:40 |
| End of Day Share Price | 2020/12/04 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.