DB:A6T

Stock Analysis Report

artec technologies

Executive Summary

artec technologies AG develops software and system solutions for the transmission, recording, and analysis of video, audio, and metadata in networks or on the Internet in Germany.


Snowflake Analysis

High growth potential with mediocre balance sheet.

Share Price & News

How has artec technologies's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: A6T has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

11.9%

A6T

-2.4%

DE Electronic

-0.2%

DE Market


1 Year Return

-24.4%

A6T

8.1%

DE Electronic

13.7%

DE Market

Return vs Industry: A6T underperformed the German Electronic industry which returned 8.7% over the past year.

Return vs Market: A6T underperformed the German Market which returned 14.4% over the past year.


Shareholder returns

A6TIndustryMarket
7 Day11.9%-2.4%-0.2%
30 Day-3.1%9.1%0.3%
90 Day-10.7%6.8%3.7%
1 Year-24.4%-24.4%10.5%8.1%17.2%13.7%
3 Year-40.1%-40.1%48.0%43.1%15.4%5.3%
5 Year138.5%138.5%113.5%98.2%21.3%4.7%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is artec technologies undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: A6T (€3.1) is trading below our estimate of fair value (€13.35)

Significantly Below Fair Value: A6T is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: Insufficient data to calculate A6T's PE Ratio to determine if it is good value compared to the Electronic industry average.

PE vs Market: Insufficient data to calculate A6T's PE Ratio to determine if it is good value compared to the German market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate A6T's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: Insufficient data to calculate A6T's PB Ratio to determine if it is good value.


Next Steps

Future Growth

How is artec technologies forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

41.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: A6T is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (-0.4%).

Earnings vs Market: A6T is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: A6T's is expected to become profitable in the next 3 years.

Revenue vs Market: A6T's revenue (23% per year) is forecast to grow faster than the German market (5% per year).

High Growth Revenue: A6T's revenue (23% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if A6T's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has artec technologies performed over the past 5 years?

-49.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: A6T is currently unprofitable.

Growing Profit Margin: A6T is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: A6T is unprofitable, and losses have increased over the past 5 years at a rate of -49.9% per year.

Accelerating Growth: Unable to compare A6T's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: A6T is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-3.9%).


Return on Equity

High ROE: A6T has a negative Return on Equity (-10.44%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is artec technologies's financial position?


Financial Position Analysis

Short Term Liabilities: A6T's short term assets (€603.0K) exceed its short term liabilities (€178.0K).

Long Term Liabilities: A6T's short term assets (€603.0K) exceed its long term liabilities (€121.0K).


Debt to Equity History and Analysis

Debt Level: A6T's debt to equity ratio (1.6%) is considered satisfactory.

Reducing Debt: A6T's debt to equity ratio has increased from 0.1% to 1.6% over the past 5 years.


Balance Sheet

Inventory Level: A6T has a low level of unsold assets or inventory.

Debt Coverage by Assets: A6T's debt is covered by short term assets (assets are 10.6x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Insufficient data to determine if A6T has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if A6T has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is artec technologies's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate A6T's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate A6T'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 A6T's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if A6T'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 A6T'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?


CEO

Thomas Hoffmann (63yo)

Mr. Thomas Hoffmann serves as the Chief Executive Officer, Head of Business Development, Sales, Marketing & Personnel Management and Member of Management Board at Artec Technologies AG. Mr. Hoffmann served ...


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: Insufficient data to determine if shareholders have been diluted in the past year.


Top Shareholders

Company Information

artec technologies AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: artec technologies AG
  • Ticker: A6T
  • Exchange: DB
  • Founded: 1987
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: €9.199m
  • Shares outstanding: 2.85m
  • Website: https://www.artec.de

Number of Employees


Location

  • artec technologies AG
  • Muehlenstrasse 15-18
  • Diepholz
  • Lower Saxony
  • 49356
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
A6TDB (Deutsche Boerse AG)YesBearer SharesDEEURJul 2006
A6TXTRA (XETRA Trading Platform)YesBearer SharesDEEURJul 2006

Biography

artec technologies AG develops software and system solutions for the transmission, recording, and analysis of video, audio, and metadata in networks or on the Internet in Germany. Its brands comprise MULTIEYE for HD video surveillance solutions; and XENTAURIX for broadcast logging and streaming solutions. The company also provides project management, commissioning, service/support, and custom development services. Its products are used for video security/surveillance applications in retail and shopping centers, car parks, hotels, perimeter protection facilities, logistics centers, train stations, airports, banks and financial institutions, museums, industries, hospitals, clinics, educational institutions, etc., as well as for emergency services, process visualization, and traffic applications; and by broadcasters, media monitoring agencies, education institutions and training centers, control centers, command centers, simulators, and media centers. artec technologies AG was founded in 1987 and is based in Diepholz, Germany. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/20 21:12
End of Day Share Price2020/02/20 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.