Vereinigte Filzfabriken
Market Cap
€22.4m
Last Updated
2020/01/22 20:36 UTC
Data Sources
Company Financials
Executive Summary
Vereinigte Filzfabriken AG produces and refines felts worldwide.
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with acceptable track record.
Share Price & News
How has Vereinigte Filzfabriken's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: VFF has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
0%
VFF
0.4%
DE Luxury
0.5%
DE Market
1 Year Return
18.3%
VFF
46.4%
DE Luxury
15.5%
DE Market
Return vs Industry: VFF underperformed the German Luxury industry which returned 47.4% over the past year.
Return vs Market: VFF exceeded the German Market which returned 14.8% over the past year.
Shareholder returns
| VFF | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | 0.4% | 0.5% |
| 30 Day | 1.4% | 8.9% | 1.4% |
| 90 Day | n/a | 15.7% | 5.3% |
| 1 Year | 21.3%18.3% | 48.7%46.4% | 19.2%15.5% |
| 3 Year | 47.1%35.2% | 107.0%96.4% | 15.7%5.5% |
| 5 Year | 62.3%40.6% | 277.4%233.2% | 27.3%10.1% |
Price Volatility Vs. Market
How volatile is Vereinigte Filzfabriken's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 months ago | Simply Wall St
Does Vereinigte Filzfabriken (MUN:VFF) Have A Healthy Balance Sheet?9 months ago | Simply Wall St
Does Vereinigte Filzfabriken AG’s (MUN:VFF) ROCE Reflect Well On The Business?1 year ago | Simply Wall St
Understanding Your Return On Investment In Vereinigte Filzfabriken AG (MUN:VFF)Valuation
Is Vereinigte Filzfabriken undervalued compared to its fair value and its price relative to the market?
7473684.21x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: VFF (€710) is trading above our estimate of fair value (€292.6)
Significantly Below Fair Value: VFF is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: VFF is poor value based on its PE Ratio (7473684.2x) compared to the Luxury industry average (25.7x).
PE vs Market: VFF is poor value based on its PE Ratio (7473684.2x) compared to the German market (20.6x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate VFF's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: VFF is overvalued based on its PB Ratio (10.6x) compared to the DE Luxury industry average (1.8x).
Next Steps
Future Growth
How is Vereinigte Filzfabriken forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
11.6%
Forecasted Consumer Durables industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Vereinigte Filzfabriken has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Examine Vereinigte Filzfabriken's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Vereinigte Filzfabriken competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Durables industry.
Past Performance
How has Vereinigte Filzfabriken performed over the past 5 years?
3.0%
Historical annual revenue growth
Earnings and Revenue History
Quality Earnings: VFF has a large one-off gain of €382.3K impacting its June 30 2019 financial results.
Growing Profit Margin: VFF's current net profit margins (0%) are lower than last year (0%).
Past Earnings Growth Analysis
Earnings Trend: VFF's earnings have grown by 0% per year over the past 5 years.
Accelerating Growth: VFF's earnings growth over the past year (200%) exceeds its 5-year average (0% per year).
Earnings vs Industry: VFF earnings growth over the past year (200%) exceeded the Luxury industry -0.9%.
Return on Equity
High ROE: VFF's Return on Equity (0%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Vereinigte Filzfabriken's financial position?
Financial Position Analysis
Short Term Liabilities: VFF's short term assets (€7.2M) exceed its short term liabilities (€5.1M).
Long Term Liabilities: VFF's short term assets (€7.2M) exceed its long term liabilities (€2.8M).
Debt to Equity History and Analysis
Debt Level: VFF is debt free.
Reducing Debt: VFF has no debt compared to 5 years ago when its debt to equity ratio was 229.7%.
Debt Coverage: VFF has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: VFF has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Inventory Level: VFF has a high level of physical assets or inventory.
Debt Coverage by Assets: VFF's debt is not covered by short term assets (assets are -14.6x debt).
Next Steps
Dividend
What is Vereinigte Filzfabriken's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate VFF's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate VFF's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if VFF's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if VFF'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 VFF's dividend in 3 years as they are not forecast to pay a notable one for the German market.
Next Steps
Management
What is the CEO of Vereinigte Filzfabriken's salary, the management and board of directors tenure and is there insider trading?
CEO
Vereinigte Filzfabriken has no CEO, or we have no data on them.
Insider Trading
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.
Management Team
Karl-Ulrich Hömann
Member of the Management Board
Board Members
Klaus Gröhn
Vice-Chairman of the Supervisory Board
Martin Schäfer
Chairman of the Supervisory Board
Oliver Knöpfle
Employee Representative Member of the Supervisory Board
Company Information
Vereinigte Filzfabriken AG's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Vereinigte Filzfabriken AG
- Ticker: VFF
- Exchange: MUN
- Founded: 1858
- Industry: Textiles
- Sector: Consumer Durables
- Market Cap: €22.365m
- Shares outstanding: 31.50k
- Website: https://www.vfg.de
Number of Employees
Location
- Vereinigte Filzfabriken AG
- Giengener Weg 66
- Giengen
- Baden-Württemberg
- 89537
- Germany
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| VFF | MUN (Boerse Muenchen) | Yes | Ordinary Shares | DE | EUR | Jan 1992 |
| VFF | BST (Boerse-Stuttgart) | Yes | Ordinary Shares | DE | EUR | Jan 1992 |
Biography
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.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/01/22 20:36 |
| End of Day Share Price | 2020/01/22 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.