XTRA:P4O

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

Plan Optik AG manufactures and sells structured wafers in Germany. More Details


Snowflake Analysis

Adequate balance sheet with questionable track record.

Share Price & News

How has Plan Optik's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: P4O is not significantly more volatile than the rest of German stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: P4O's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

7.3%

P4O

-2.1%

DE Semiconductor

0.9%

DE Market


1 Year Return

4.3%

P4O

81.6%

DE Semiconductor

17.3%

DE Market

Return vs Industry: P4O underperformed the German Semiconductor industry which returned 83.5% over the past year.

Return vs Market: P4O underperformed the German Market which returned 18.1% over the past year.


Shareholder returns

P4OIndustryMarket
7 Day7.3%-2.1%0.9%
30 Day8.1%2.9%2.7%
90 Day22.5%22.0%8.5%
1 Year4.3%4.3%83.0%81.6%20.9%17.3%
3 Year-17.4%-17.4%52.3%47.0%16.9%6.7%
5 Year1.4%1.4%211.6%197.4%48.4%27.4%

Long-Term Price Volatility Vs. Market

How volatile is Plan Optik's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Plan Optik undervalued compared to its fair value and its price relative to the market?

205.02x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate P4O's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate P4O's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: P4O is poor value based on its PE Ratio (205x) compared to the DE Semiconductor industry average (81.6x).

PE vs Market: P4O is poor value based on its PE Ratio (205x) compared to the German market (24.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate P4O's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: P4O is good value based on its PB Ratio (0.9x) compared to the DE Semiconductor industry average (3.4x).


Next Steps

Future Growth

How is Plan Optik forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

22.3%

Forecasted Semiconductors 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 Plan Optik 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

Past Performance

How has Plan Optik performed over the past 5 years?

35.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: P4O has high quality earnings.

Growing Profit Margin: P4O's current net profit margins (0.3%) are lower than last year (3.3%).


Past Earnings Growth Analysis

Earnings Trend: P4O has become profitable over the past 5 years, growing earnings by 35% per year.

Accelerating Growth: P4O's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: P4O had negative earnings growth (-89.3%) over the past year, making it difficult to compare to the Semiconductor industry average (-48.8%).


Return on Equity

High ROE: P4O's Return on Equity (0.4%) is considered low.


Next Steps

Financial Health

How is Plan Optik's financial position?


Financial Position Analysis

Short Term Liabilities: P4O's short term assets (€5.5M) exceed its short term liabilities (€1.4M).

Long Term Liabilities: P4O's short term assets (€5.5M) exceed its long term liabilities (€1.9M).


Debt to Equity History and Analysis

Debt Level: P4O's debt to equity ratio (32.5%) is considered satisfactory.

Reducing Debt: P4O's debt to equity ratio has increased from 30.5% to 32.5% over the past 5 years.

Debt Coverage: P4O's debt is well covered by operating cash flow (31.6%).

Interest Coverage: P4O's interest payments on its debt are not well covered by EBIT (2.1x coverage).


Balance Sheet


Next Steps

Dividend

What is Plan Optik current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate P4O's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate P4O's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if P4O's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if P4O's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: P4O is not paying a notable dividend for the German market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of P4O's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.8yrs

Average board tenure


CEO

Michael Schilling (55 yo)

16.17yrs

Tenure

Mr. Michael Schilling founded Plan Optik AG in 2005 and has been its Chairman of Management Board since 2005. Mr. Schilling served as Managing Director of Plan Optik AG. He holds a degree in Mechanical Eng...


Board Members

NamePositionTenureCompensationOwnership
Achim Geyer
Chairman of the Supervisory Board no datano datano data
Thomas Fries
Member of The Supervisory Board5.75yrsno datano data
Bärbel Schilling
Deputy Member of the Supervisory Board5.75yrsno datano data
Holger Burk
Member of the Supervisory Board0.75yrno datano data

5.8yrs

Average Tenure

Experienced Board: P4O's board of directors are considered experienced (5.8 years average tenure).


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

Plan Optik AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Plan Optik AG
  • Ticker: P4O
  • Exchange: XTRA
  • Founded: NaN
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Market Cap: €6.273m
  • Shares outstanding: 4.27m
  • Website: https://www.planoptik.com

Number of Employees


Location

  • Plan Optik AG
  • Ueber der Bitz 3
  • Elsoff
  • Rhineland-Palatinate
  • 56479
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
P4ODB (Deutsche Boerse AG)YesCommon StockDEEURDec 2005
P4OXTRA (XETRA Trading Platform)YesCommon StockDEEURDec 2005

Biography

Plan Optik AG manufactures and sells structured wafers in Germany. The company offers substrate wafers comprising borosilicate, quartz, fused silica, alkaline free, and silicon-on-glass wafers; carriers an...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/03 20:07
End of Day Share Price2021/03/03 00:00
Earnings2020/06/30
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.