VAT Group AG, together with its subsidiaries, develops, manufactures, and supplies vacuum valves in Switzerland, rest of Europe, the United States, Japan, Korea, Singapore, rest of Asia, and internationally.
Proven track record with mediocre balance sheet.
Share Price & News
How has VAT Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
7 Day Return
1 Year Return
19V outperformed the Machinery industry which returned -26.5% over the past year.
19V underperformed the Market in Germany which returned -11.7% over the past year.
Share holder returns
Price Volatility Vs. Market
How volatile is VAT Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is VAT Group undervalued based on future cash flows and its price relative to the stock market?
Discount to future cash flow value
Intrinsic Value Based on Future Cash Flows
VAT Group's share price is below the future cash flow value, but not at a moderate discount (< 20%).
VAT Group's share price is below the future cash flow value, but not at a substantial discount (< 40%).
Price Based on Earnings
VAT Group is overvalued based on earnings compared to the DE Machinery industry average.
VAT Group is overvalued based on earnings compared to the Germany market.
Price Based on Expected Growth
VAT Group is poor value based on expected growth next year.
Price Based on Value of Assets
VAT Group is overvalued based on assets compared to the DE Machinery industry average.
How is VAT Group expected to perform in the next 1 to 3 years based on estimates from 10 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
VAT Group's revenue is expected to grow by 2.7% yearly, however this is not considered high growth (20% yearly).
VAT Group's earnings are expected to grow by 3.8% yearly, however this is not considered high growth (20% yearly).
VAT Group's revenue growth is positive but not above the Germany market average.
VAT Group's earnings growth is positive but not above the Germany market average.
VAT Group's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Earnings per Share Growth Estimates
Future Return on Equity
VAT Group is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
How has VAT Group performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Insufficient data to establish if VAT Group's year on year earnings growth rate was positive over the past 5 years.
Unable to compare VAT Group's 1-year earnings growth to the 5-year average due to insufficient past data.
VAT Group's earnings growth has exceeded the DE Machinery industry average in the past year (17.3% vs -5.8%).
Return on Equity
VAT Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
Return on Assets
VAT Group used its assets more efficiently than the DE Machinery industry average last year based on Return on Assets.
Return on Capital Employed
VAT Group has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
How is VAT Group's financial position?
Financial Position Analysis
VAT Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
VAT Group's long term commitments exceed its cash and other short term assets.
Debt to Equity History and Analysis
VAT Group's level of debt (40.2%) compared to net worth is high (greater than 40%).
Unable to establish if VAT Group's debt level has increased without past 5-year debt data.
Debt is well covered by operating cash flow (75.7%, greater than 20% of total debt).
Interest payments on debt are well covered by earnings (EBIT is 36.5x coverage).
High level of physical assets or inventory.
Debt is covered by short term assets, assets are 1.2x debt.
What is VAT Group's current dividend yield, its reliability and sustainability?
Expected Dividend Yield
Dividend Yield and Payments Analysis
VAT Group's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.44%).
VAT Group's dividend is below the markets top 25% of dividend payers in Germany (3.91%).
Whilst dividend payments have been stable, VAT Group has been paying a dividend for less than 10 years.
VAT Group has only been paying a dividend for 2 years, and since then there has been no growth.
Current Payout to Shareholders
Dividends paid are covered by earnings (1.1x coverage).
Future Payout to Shareholders
Dividends after 3 years are expected to be covered by earnings (1.1x coverage).
What is the CEO of VAT Group's salary, the management and board of directors tenure and is there insider trading?
Average management tenure
Mike Allison (56yo)
Mr. Michael Allison, also known as Mike, has been Chief Executive Officer of VAT Group AG since March 13, 2018 and serves as Member of Group Management Board and Head of Sales & Marketing. Mr. Allison join ...
CEO Compensation Analysis
Mike's remuneration is lower than average for companies of similar size in Germany.
Insufficient data for Mike to compare compensation growth.
Management Age and Tenure
The average tenure for the VAT Group management team is less than 2 years, this suggests a new team.
Board Age and Tenure
The average tenure for the VAT Group board of directors is less than 3 years, this suggests a new board.
No 3 month insider trading information.
Member of Group Management Board & Head of Central Engineering
Head of Human Resources & Member of Group Management Board
Member of Group Management Board & Head of Core Technology
Member of Group Management Board and Head of GVA
Stephan Bergamin (52yo)
Chief Financial Officer
- Tenure: 0.4yrs
Member of Group Management Board & Head of Semiconductors
Member of Group Management Board & Head of Global Service
Mike Allison (56yo)
CEO, Member of Group Management Board and Head of Sales & Marketing
- Tenure: 1.3yrs
- Compensation: CHF1.38m
Jurgen Krebs (51yo)
Chief Operating Officer
- Tenure: 2.0yrs
Member of Group Management Board & Head of Strategy and Business Development
- Tenure: 0.3yrs
Heinz Kundert (66yo)
- Tenure: 1.1yrs
- Compensation: CHF53.48k
Hermann Gerlinger (65yo)
- Tenure: 2.1yrs
- Compensation: CHF114.37k
Urs Leinhäuser (59yo)
- Tenure: 3.3yrs
- Compensation: CHF125.40k
Martin Komischke (61yo)
- Tenure: 2.1yrs
- Compensation: CHF270.70k
Karl Schlegel (65yo)
- Tenure: 3.3yrs
- Compensation: CHF119.69k
Libo Zhang (48yo)
- Tenure: 1.1yrs
- Compensation: CHF54.26k
VAT Group AG's company bio, employee growth, exchange listings and data sources
- Name: VAT Group AG
- Ticker: 19V
- Exchange: DB
- Founded: 1965
- Industry: industrial machinery
- Sector: capital goods
- Market Cap: CHF3.288b
- Listing Market Cap: CHF2.932b
- Shares outstanding: 29.98m
- Website: Click here
Number of Employees
- VAT Group AG
- Seelistrasse 1
- St. Gallen
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|VACN||SWX (SIX Swiss Exchange)||Yes||Ordinary Shares||CH||CHF||Jan 1970|
|19V||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jan 1970|
|0RFL||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||CHF||Jan 1970|
|VTTG.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jan 1970|
|VACN N||BMV (Bolsa Mexicana de Valores)||Yes||Ordinary Shares||MX||MXN||Jan 1970|
|VACN.Y||OTCPK (Pink Sheets LLC)||UNSPONSORED ADS||US||USD||Jan 1970|
VAT Group AG, together with its subsidiaries, develops, manufactures, and supplies vacuum valves in Switzerland, rest of Europe, the United States, Japan, Korea, Singapore, rest of Asia, and internationall ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2019/06/17 22:02|
|End of Day Share Price||2019/06/17 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.