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Vereinigte Filzfabriken

MUN:VFF
Snowflake Description

Flawless balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
VFF
MUN
€19M
Market Cap
  1. Home
  2. DE
  3. Consumer Durables
Company description

Vereinigte Filzfabriken AG produces and refines felts worldwide. The last earnings update was 212 days ago. More info.


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VFF Share Price and Events
7 Day Returns
0%
MUN:VFF
2.6%
DE Luxury
1.8%
DE Market
1 Year Returns
9.8%
MUN:VFF
8.4%
DE Luxury
-6%
DE Market
VFF Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Vereinigte Filzfabriken (VFF) 0% 2.5% - 9.8% 17.1% 22.5%
DE Luxury 2.6% 9% 12.9% 8.4% 100.2% 126.9%
DE Market 1.8% 4.2% 7.4% -6% 10.1% 15.4%
1 Year Return vs Industry and Market
  • VFF outperformed the Luxury industry which returned 8.4% over the past year.
  • VFF outperformed the Market in Germany which returned -6% over the past year.
Price Volatility
VFF
Industry
5yr Volatility vs Market

Value

 Is Vereinigte Filzfabriken undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Vereinigte Filzfabriken. This is due to cash flow or dividend data being unavailable. The share price is €615.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Vereinigte Filzfabriken's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Vereinigte Filzfabriken's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
MUN:VFF PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-06-30) in EUR €0.00
MUN:VFF Share Price ** MUN (2019-04-18) in EUR €615
Germany Luxury Industry PE Ratio Median Figure of 7 Publicly-Listed Luxury Companies 21.87x
Germany Market PE Ratio Median Figure of 422 Publicly-Listed Companies 19.59x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Vereinigte Filzfabriken.

MUN:VFF PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= MUN:VFF Share Price ÷ EPS (both in EUR)

= 615 ÷ 0.00

19838709.68x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Vereinigte Filzfabriken is overvalued based on earnings compared to the DE Luxury industry average.
  • Vereinigte Filzfabriken is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does Vereinigte Filzfabriken's expected growth come at a high price?
Raw Data
MUN:VFF PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 19838709.68x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
42.8%per year
Europe Luxury Industry PEG Ratio Median Figure of 40 Publicly-Listed Luxury Companies 1.75x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.57x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Vereinigte Filzfabriken, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Vereinigte Filzfabriken's assets?
Raw Data
MUN:VFF PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-06-30) in EUR €66.95
MUN:VFF Share Price * MUN (2019-04-18) in EUR €615
Germany Luxury Industry PB Ratio Median Figure of 11 Publicly-Listed Luxury Companies 1.6x
Germany Market PB Ratio Median Figure of 570 Publicly-Listed Companies 1.84x
MUN:VFF PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= MUN:VFF Share Price ÷ Book Value per Share (both in EUR)

= 615 ÷ 66.95

9.19x

* Primary Listing of Vereinigte Filzfabriken.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Vereinigte Filzfabriken is overvalued based on assets compared to the DE Luxury industry average.
X
Value checks
We assess Vereinigte Filzfabriken's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Luxury industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Luxury industry average (and greater than 0)? (1 check)
  5. Vereinigte Filzfabriken has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Vereinigte Filzfabriken expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Vereinigte Filzfabriken, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
42.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Vereinigte Filzfabriken expected to grow at an attractive rate?
  • Vereinigte Filzfabriken's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Vereinigte Filzfabriken's earnings growth is expected to exceed the Germany market average.
  • Unable to compare Vereinigte Filzfabriken's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
MUN:VFF Future Growth Rates Data Sources
Data Point Source Value (per year)
MUN:VFF Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 42.8%
Germany Luxury Industry Earnings Growth Rate Market Cap Weighted Average 11.2%
Germany Luxury Industry Revenue Growth Rate Market Cap Weighted Average 6.7%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.5%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
MUN:VFF Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (9 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
MUN:VFF Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-06-30 27 0
2018-03-31 26 0
2017-12-31 26 1 0
2017-09-30 27 0
2017-06-30 27 0
2017-03-31 26 0
2016-12-31 26 2 0
2016-09-30 26 0
2016-06-30 26 0
2016-03-31 26 0
2015-12-31 26 2 0
2015-09-30 25 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Vereinigte Filzfabriken's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if Vereinigte Filzfabriken is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
MUN:VFF Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (9 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Vereinigte Filzfabriken Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

MUN:VFF Past Financials Data
Date (Data in EUR Millions) EPS *
2018-06-30
2018-03-31
2017-12-31 0.00
2017-09-30 0.00
2017-06-30
2017-03-31
2016-12-31 0.00
2016-09-30 0.00
2016-06-30
2016-03-31
2015-12-31 0.00
2015-09-30 0.00

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Vereinigte Filzfabriken will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Vereinigte Filzfabriken's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Vereinigte Filzfabriken has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Vereinigte Filzfabriken performed over the past 5 years?

  • Vereinigte Filzfabriken's last earnings update was 212 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Vereinigte Filzfabriken's growth in the last year to its industry (Luxury).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Vereinigte Filzfabriken's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Vereinigte Filzfabriken's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Vereinigte Filzfabriken's 1-year earnings growth is negative, it can't be compared to the DE Luxury industry average.
Earnings and Revenue History
Vereinigte Filzfabriken's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Vereinigte Filzfabriken Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

MUN:VFF Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-06-30 26.57 0.00 7.77
2018-03-31 26.41 0.00 7.68
2017-12-31 26.24 0.00 7.59
2017-09-30 26.60 0.00 7.49
2017-06-30 26.96 0.00 7.40
2017-03-31 26.44 0.00 7.32
2016-12-31 25.92 0.00 7.24
2016-09-30 25.98 0.00 7.23
2016-06-30 26.05 0.00 7.22
2016-03-31 26.12 0.00 7.18
2015-12-31 26.18 0.00 7.14
2015-09-30 25.42 0.00 7.02
2015-06-30 24.66 0.00 6.90
2015-03-31 24.00 0.00 6.82
2014-12-31 23.34 0.00 6.75
2014-09-30 22.96 0.00 6.74
2014-06-30 22.59 0.00 6.72
2014-03-31 21.98 0.00 6.69
2013-12-31 21.37 0.00 6.66
2013-09-30 20.58 0.00 6.63
2013-06-30 19.80 0.00 6.61
2013-03-31 19.58 0.00 6.67
2012-12-31 19.37 0.00 6.73
2012-09-30 19.66 0.00 6.82
2012-06-30 19.96 0.00 6.92

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Vereinigte Filzfabriken has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • Vereinigte Filzfabriken used its assets less efficiently than the DE Luxury industry average last year based on Return on Assets.
  • Vereinigte Filzfabriken's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Vereinigte Filzfabriken's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Luxury industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Vereinigte Filzfabriken has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Vereinigte Filzfabriken's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Vereinigte Filzfabriken's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Vereinigte Filzfabriken is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Vereinigte Filzfabriken's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Vereinigte Filzfabriken's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Vereinigte Filzfabriken has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Vereinigte Filzfabriken Company Filings, last reported 9 months ago.

MUN:VFF Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-06-30 2.11 0.00 0.12
2018-03-31 2.11 0.00 0.12
2017-12-31 2.11 3.27 0.18
2017-09-30 2.11 3.27 0.18
2017-06-30 2.11 0.00 0.22
2017-03-31 2.11 0.00 0.22
2016-12-31 2.11 3.24 0.24
2016-09-30 2.11 3.24 0.24
2016-06-30 2.11 0.00 0.21
2016-03-31 2.11 0.00 0.21
2015-12-31 2.11 3.24 0.20
2015-09-30 2.11 3.24 0.20
2015-06-30 2.11 0.00 0.15
2015-03-31 2.11 0.00 0.15
2014-12-31 2.11 3.94 0.30
2014-09-30 2.11 3.94 0.30
2014-06-30 2.11 6.20 0.16
2014-03-31 2.11 6.20 0.16
2013-12-31 2.11 5.00 0.18
2013-09-30 2.11 5.00 0.18
2013-06-30 2.11 6.82 0.07
2013-03-31 2.11 6.82 0.07
2012-12-31 2.11 5.70 0.15
2012-09-30 2.11 5.70 0.15
2012-06-30 2.11 8.28 0.10
  • Vereinigte Filzfabriken has no debt.
  • Vereinigte Filzfabriken has no debt compared to 5 years ago when it was 322.3%.
  • Vereinigte Filzfabriken has no debt, it does not need to be covered by operating cash flow.
  • Vereinigte Filzfabriken has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Vereinigte Filzfabriken's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Vereinigte Filzfabriken has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Vereinigte Filzfabriken's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Vereinigte Filzfabriken dividends.
If you bought €2,000 of Vereinigte Filzfabriken shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Vereinigte Filzfabriken's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Vereinigte Filzfabriken's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
MUN:VFF Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Germany Luxury Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 1.6%
Germany Market Average Dividend Yield Market Cap Weighted Average of 326 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Vereinigte Filzfabriken has not reported any payouts.
  • Unable to verify if Vereinigte Filzfabriken's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Vereinigte Filzfabriken's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Vereinigte Filzfabriken has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Vereinigte Filzfabriken's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Vereinigte Filzfabriken afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Vereinigte Filzfabriken has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Vereinigte Filzfabriken's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
  • Vereinigte Filzfabriken has no CEO, or we have no data on them.
Management Team

Karl-Ulrich Hömann

TITLE
Member of the Management Board
Board of Directors

Martin Schäfer

TITLE
Chairman of the Supervisory Board

Klaus Gröhn

TITLE
Vice-Chairman of the Supervisory Board

Oliver Knöpfle

TITLE
Employee Representative Member of the Supervisory Board
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Vereinigte Filzfabriken's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Vereinigte Filzfabriken has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Does Vereinigte Filzfabriken AG’s (MUN:VFF) ROCE Reflect Well On The Business?

To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. … Return On Capital Employed (ROCE): What is it? … ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business.

Simply Wall St -

Understanding Your Return On Investment In Vereinigte Filzfabriken AG (MUN:VFF)

and want to better understand how you can grow your money by investing in Vereinigte Filzfabriken AG (MUN:VFF). … This is because the actual cash flow generated by the business dictates the potential for income (dividends) and capital appreciation (price increases), which are the two ways to achieve positive returns when buying a stock. … Therefore, looking at how efficiently Vereinigte Filzfabriken is able to use capital to create earnings will help us understand your potential return.

Simply Wall St -

Vereinigte Filzfabriken AG (MUN:VFF): Assessing Capital Returns

and want a simplistic look at the return on Vereinigte Filzfabriken AG (MUN:VFF) stock. … Thus, to understand how your money can grow by investing in Vereinigte Filzfabriken, you need to look at what the company returns to owners for the use of their capital, which can be done in many ways but today we will use return on capital employed (ROCE) … Vereinigte Filzfabriken's Return On Capital Employed

Simply Wall St -

Company Info

Description

Vereinigte Filzfabriken AG produces and refines felts worldwide. It offers woolen felts, needled felts, shaping and punching parts, and composites; and cutting and shaping services for other materials. The company provides its products under the VFG MATPROTEX, VFG SEALTEX, VFG MULTITEX, VFG DESIGN FELT, VFG PIANO FELT, lineTEC, and VFG Weapon Care No. 1 brands. It serves piano makers and machinists, and interior architects and designers, as well as companies in the automobile, electrical, construction, and steel industries. The company was founded in 1858 and is headquartered in Giengen, Germany. Vereinigte Filzfabriken AG is a subsidiary of Wirth Fulda Gmbh.

Details
Name: Vereinigte Filzfabriken AG
VFF
Exchange: MUN
Founded: 1858
€19,372,500
31,500
Website: http://www.vfg.de
Address: Vereinigte Filzfabriken AG
Giengener Weg 66,
Giengen,
Baden-Württemberg, 89537,
Germany
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
MUN VFF Ordinary Shares Boerse Muenchen DE EUR 10. Jan 1992
Number of employees
Current staff
Staff numbers
159
Vereinigte Filzfabriken employees.
Industry
Textiles
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/20 20:36
End of day share price update: 2019/04/18 00:00
Last earnings filing: 2018/09/20
Last earnings reported: 2018/06/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.