XTRA:PFV

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Pfeiffer Vacuum Technology

Executive Summary

Pfeiffer Vacuum Technology AG develops, manufactures, and markets components and systems for vacuum generation, measurement, and analysis. More Details

Rewards

Earnings are forecast to grow 32.06% per year

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

-0.5%

PFV

2.0%

DE Machinery

1.3%

DE Market


1 Year Return

0.3%

PFV

6.1%

DE Machinery

1.5%

DE Market

Return vs Industry: PFV underperformed the German Machinery industry which returned 6.1% over the past year.

Return vs Market: PFV underperformed the German Market which returned 1.4% over the past year.


Shareholder returns

PFVIndustryMarket
7 Day-0.5%2.0%1.3%
30 Day-1.4%14.8%12.8%
90 Day-3.6%7.1%2.7%
1 Year1.1%0.3%8.5%6.1%4.7%1.5%
3 Year7.0%3.0%-28.3%-32.7%5.7%-3.4%
5 Year71.8%54.6%-6.1%-15.8%25.8%8.0%

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

Valuation

Is Pfeiffer Vacuum Technology undervalued compared to its fair value and its price relative to the market?

40.31x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: PFV (€157) is trading above our estimate of fair value (€97.32)

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 (40.3x) compared to the DE Machinery industry average (33.1x).

PE vs Market: PFV is poor value based on its PE Ratio (40.3x) compared to the German market (23.1x).


Price to Earnings Growth Ratio

PEG Ratio: PFV is poor value based on its PEG Ratio (1.3x)


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% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: PFV's revenue (4.4% per year) is forecast to grow slower than the German market (5.9% per year).

High Growth Revenue: PFV's revenue (4.4% 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 (1.11%).

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?

0.8yrs

Average management tenure


CEO

Eric Taberlet

3yrs

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 ($USD724.53K) is below average for companies of similar size in the German market ($USD1.56M).

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

NamePositionTenureCompensationOwnership
Eric Taberlet
Chairman of the Management Board3yrs€606.00kno data
Wolfgang Ehrk
Member of the Management Board & COO0.83yrno datano data
Britta Giesen
Member of Management Board0.083yrno datano data
Karen Bogdanski
Investor Relations Managerno datano datano data
Hind Beaujon
Head of Coating Marketno datano datano data
Marcus Weinhagen
Managing Director of Trionos Vaccum Systemsno datano datano data

0.8yrs

Average Tenure

Experienced Management: PFV's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Götz Timmerbeil
Independent Vice Chairman of Supervisory Board14.5yrs€70.00kno data
Henrik Newerla
Independent Member of Supervisory Board2.67yrs€35.00kno data
Filippo Beck
Independent Member of Supervisory Board4.5yrs€35.00kno data
Ayla Busch
Independent Chairwoman of Supervisory Board3yrs€105.00kno data
Matthias Mädler
Employee Representative Member of Supervisory Board1.33yrs€17.50kno data
Stefan Röser
Member of Supervisory Board0.83yrno datano data

2.8yrs

Average Tenure

57yo

Average Age

Experienced Board: PFV's board of directors are not considered experienced ( 2.8 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: €1.549b
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PFVDB (Deutsche Boerse AG)YesOrdinary SharesDEEURApr 1998
PFVXTRA (XETRA Trading Platform)YesOrdinary SharesDEEURApr 1998
0FQRLSE (London Stock Exchange)YesOrdinary SharesGBEURApr 1998
PFFV.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDApr 1998
PFVDBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURApr 1998
PFVSWX (SIX Swiss Exchange)YesOrdinary SharesCHCHFApr 1998
PFVWBAG (Wiener Boerse AG)YesOrdinary SharesATEURApr 1998
PFVETLX (Eurotlx)YesOrdinary SharesITEURApr 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/28 19:06
End of Day Share Price2020/11/27 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.