FORTEC Elektronik AG provides industrial power supplies and display technologies in Germany, the United Kingdom, and internationally.
Solid track record with excellent balance sheet and pays a dividend.
Share Price & News
How has FORTEC Elektronik's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FEV has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: FEV exceeded the German Electronic industry which returned 8.3% over the past year.
Return vs Market: FEV matched the German Market which returned 9.9% over the past year.
Price Volatility Vs. Market
How volatile is FORTEC Elektronik's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall StThe FORTEC Elektronik (ETR:FEV) Share Price Is Up 78% And Shareholders Are Holding On
2 weeks ago | Simply Wall StFORTEC Elektronik AG Annual Results: Here's What Analysts Are Forecasting For Next Year
1 month ago | Simply Wall StEstimating The Intrinsic Value Of FORTEC Elektronik AG (ETR:FEV)
Is FORTEC Elektronik undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: FEV (€20.3) is trading above our estimate of fair value (€18.45)
Significantly Below Fair Value: FEV is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: FEV is good value based on its PE Ratio (11.6x) compared to the Electronic industry average (22.8x).
PE vs Market: FEV is good value based on its PE Ratio (11.6x) compared to the German market (19.5x).
Price to Earnings Growth Ratio
PEG Ratio: FEV is poor value based on its PEG Ratio (6.4x)
Price to Book Ratio
PB vs Industry: FEV is good value based on its PB Ratio (1.6x) compared to the DE Electronic industry average (2.2x).
How is FORTEC Elektronik forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FEV's forecast earnings growth (1.8% per year) is above the savings rate (0.2%).
Earnings vs Market: FEV's earnings (1.8% per year) are forecast to grow slower than the German market (12.5% per year).
High Growth Earnings: FEV's earnings are forecast to grow, but not significantly.
Revenue vs Market: FEV's revenue (3.2% per year) is forecast to grow slower than the German market (4.8% per year).
High Growth Revenue: FEV's revenue (3.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FEV's Return on Equity is forecast to be low in 3 years time (12.6%).
How has FORTEC Elektronik performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FEV has high quality earnings.
Growing Profit Margin: FEV's current net profit margins (6.4%) are higher than last year (5.4%).
Past Earnings Growth Analysis
Earnings Trend: FEV's earnings have grown significantly by 25.1% per year over the past 5 years.
Accelerating Growth: FEV's earnings growth over the past year (31.8%) exceeds its 5-year average (25.1% per year).
Earnings vs Industry: FEV earnings growth over the past year (31.8%) exceeded the Electronic industry 3.6%.
Return on Equity
High ROE: FEV's Return on Equity (14.2%) is considered low.
Return on Assets
Return on Capital Employed
How is FORTEC Elektronik's financial position?
Financial Position Analysis
Short Term Liabilities: FEV's short term assets (€44.4M) exceeds its short term liabilities (€11.5M)
Long Term Liabilities: FEV's short term assets (44.4M) exceeds its long term liabilities (5.8M)
Debt to Equity History and Analysis
Debt Level: FEV's debt to equity ratio (15.1%) is considered satisfactory
Reducing Debt: Insufficient data to determine if FEV's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: FEV's debt is well covered by operating cash flow (65.1%).
Interest Coverage: FEV's interest payments on its debt are well covered by EBIT (295.1x coverage).
Inventory Level: FEV has a high level of physical assets or inventory.
Debt Coverage by Assets: FEV's debt is covered by short term assets (assets are 7.3x debt).
What is FORTEC Elektronik's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: FEV's dividend (3.45%) is higher than the bottom 25% of dividend payers in the German market (1.33%).
High Dividend: FEV's dividend (3.45%) is low compared to the top 25% of dividend payers in the German market (3.66%).
Stability and Growth of Payments
Stable Dividend: FEV's dividends per share have been stable in the past 10 years.
Growing Dividend: FEV's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (40%), FEV's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: FEV's dividends in 3 years are forecast to be well covered by earnings (41.2% payout ratio).
What is the CEO of FORTEC Elektronik's salary, the management and board of directors tenure and is there insider trading?
Sandra Maile 0
Ms. Sandra Maile serves as Chief Executive Officer of Autronic GmbH, subsidiary of Fortec Elektronik AG. Ms. Maile serves as Chief Executive Officer and Spokeswoman of the Board at Fortec Elektronik AG. Ms ...
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
COO of Display Technology & Embedded and Member of Board
- Tenure: 2.3yrs
COO of Power Supplies - Distribution & Member of Executive Board
- Tenure: 0yrs
CEO & Spokeswoman of the Board
- Tenure: 0yrs
Deputy Chairman of Supervisory Board
- Tenure: 0yrs
Member of Supervisory Board
- Tenure: 0yrs
Chairman of the Supervisory Board
- Tenure: 0.2yrs
FORTEC Elektronik AG's company bio, employee growth, exchange listings and data sources
- Name: FORTEC Elektronik AG
- Ticker: FEV
- Exchange: XTRA
- Founded: 1984
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: €65.984m
- Shares outstanding: 3.25m
- Website: https://www.fortecag.de
Number of Employees
- FORTEC Elektronik AG
- Lechwiesenstrasse 9
- Landsberg am Lech
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FEV||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Aug 1992|
|FEV||XTRA (XETRA Trading Platform)||Yes||Ordinary Shares||DE||EUR||Aug 1992|
|0HQQ||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Aug 1992|
FORTEC Elektronik AG provides industrial power supplies and display technologies in Germany, the United Kingdom, and internationally. The company operates in two segments, Data Visualisation Systems and Po ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2019/11/16 21:03|
|End of Day Share Price||2019/11/15 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.