XTRA:V3S

Stock Analysis Report

Vectron Systems

Executive Summary

Vectron Systems AG manufactures, sells, and installs intelligent POS systems and communication software for the networking of branch operations worldwide.

Snowflake

Fundamentals

High growth potential with imperfect balance sheet.


Similar Companies

Share Price & News

How has Vectron Systems's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: V3S's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-0.7%

V3S

-0.7%

DE Electronic

0.03%

DE Market


1 Year Return

35.0%

V3S

8.3%

DE Electronic

9.9%

DE Market

Return vs Industry: V3S exceeded the German Electronic industry which returned 8.3% over the past year.

Return vs Market: V3S exceeded the German Market which returned 9.9% over the past year.


Shareholder returns

V3SIndustryMarket
7 Day-0.7%-0.7%0.03%
30 Day4.3%12.2%4.4%
90 Day33.8%33.5%13.6%
1 Year35.0%35.0%9.2%8.3%13.4%9.9%
3 Year5.2%4.3%73.5%69.7%25.6%14.6%
5 Year427.8%406.7%149.1%137.3%36.9%18.2%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Vectron Systems undervalued compared to its fair value and its price relative to the market?

11.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: V3S (€13.3) is trading below our estimate of fair value (€15)

Significantly Below Fair Value: V3S is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: V3S is unprofitable, so we can't compare its PE Ratio to the Electronic industry average.

PE vs Market: V3S is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate V3S's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: V3S is overvalued based on its PB Ratio (7x) compared to the DE Electronic industry average (2.2x).


Next Steps

Future Growth

How is Vectron Systems forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

106.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: V3S is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.2%).

Earnings vs Market: V3S is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: V3S's is expected to become profitable in the next 3 years.

Revenue vs Market: V3S's revenue (6.3% per year) is forecast to grow faster than the German market (4.8% per year).

High Growth Revenue: V3S's revenue (6.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: V3S's Return on Equity is forecast to be high in 3 years time (29.3%)


Next Steps

Past Performance

How has Vectron Systems performed over the past 5 years?

-48.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: V3S has high quality earnings.

Growing Profit Margin: V3S's current net profit margins (-19.1%) are lower than last year (-5.8%).


Past Earnings Growth Analysis

Earnings Trend: V3S is unprofitable, and losses have increased over the past 5 years at a rate of -48.7% per year.

Accelerating Growth: Unable to compare V3S's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: V3S is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (3.6%).


Return on Equity

High ROE: V3S has a negative Return on Equity (-32.31%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Vectron Systems's financial position?


Financial Position Analysis

Short Term Liabilities: V3S's short term assets (€22.6M) exceeds its short term liabilities (€3.1M)

Long Term Liabilities: V3S's short term assets (22.6M) exceeds its long term liabilities (10.0M)


Debt to Equity History and Analysis

Debt Level: V3S's debt to equity ratio (78.5%) is considered high

Reducing Debt: V3S's debt to equity ratio has increased from 15.8% to 78.5% over the past 5 years.

Debt Coverage: V3S's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if V3S's interest payments on its debt are well covered by EBIT.


Balance Sheet

Inventory Level: V3S has a high level of physical assets or inventory.

Debt Coverage by Assets: V3S's debt is covered by short term assets (assets are 2.1x debt).


Next Steps

Dividend

What is Vectron Systems's current dividend yield, its reliability and sustainability?

0.69%

Forecast Dividend Yield


Dividend Yield vs Market

company0%marketbottom25%1.3%markettop25%3.7%industryaverage1.2%forecastin3Years0.7%

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate V3S's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate V3S'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 V3S's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if V3S's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: V3S is not paying a notable dividend for the German market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of V3S'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 Vectron Systems's salary, the management and board of directors tenure and is there insider trading?


CEO

Thomas Stümmler 0

1.3yrs

Tenure

0

Mr. Thomas Stümmler is the Founder of Vectron Systems AG and has been its Chief Executive Officer and Member of Management Board since July 5, 2018. Mr. Stümmler was Head of Finances, Marketing & Sales and ...


CEO Compensation Analysis

Compensation vs Market: Thomas's total compensation ($USD0.00) is below average for companies of similar size in the German market ($USD215.84K).

Compensation vs Earnings: Thomas's compensation has increased whilst the company is unprofitable.


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 been diluted in the past year, with total shares outstanding growing by 10%.


Management Team

  • Jens Reckendorf

    Founder

    • Tenure: 0yrs
  • Thomas Stümmler

    Founder

    • Tenure: 1.3yrs
  • Jochen Fischer

    Director of Marketing & Communications and Investor Relations Manager

    • Tenure: 0yrs
  • Silvia Ostermann (53yo)

    COO & Member of Management Board

    • Tenure: 1.6yrs

Board Members

  • Christian Ehlers

    Chairman of Supvervisory Board

    • Tenure: 0yrs
    • Compensation: €15.00k
  • Maurice Oosenbrugh

    Vice-Chairman of the Supervisory Board

    • Tenure: 0yrs
    • Compensation: €10.00k
  • Heinz-Jürgen Buss

    Member of Supervisory Board

    • Tenure: 0yrs
    • Compensation: €10.00k

Company Information

Vectron Systems AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Vectron Systems AG
  • Ticker: V3S
  • Exchange: XTRA
  • Founded: 1990
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: €96.734m
  • Shares outstanding: 7.27m
  • Website: https://www.vectron-systems.com/de

Number of Employees


Location

  • Vectron Systems AG
  • Willy-Brandt-Weg 41
  • Münster
  • North Rhine-Westphalia
  • 48155
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
V3SDB (Deutsche Boerse AG)YesBearer SharesDEEURMar 2007
V3SXTRA (XETRA Trading Platform)YesBearer SharesDEEURMar 2007
0W1ILSE (London Stock Exchange)YesBearer SharesGBEURMar 2007

Biography

Vectron Systems AG manufactures, sells, and installs intelligent POS systems and communication software for the networking of branch operations worldwide. It offers stationary and mobile POS systems; POS P ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/16 20:53
End of Day Share Price2019/11/15 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.