AT & S Austria Technologie & Systemtechnik Aktiengesellschaft, together with its subsidiaries, manufactures and distributes printed circuit boards (PCBs) worldwide.
Adequate balance sheet and fair value.
Share Price & News
How has AT & S Austria Technologie & Systemtechnik's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AUS's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: AUS exceeded the German Electronic industry which returned 8.7% over the past year.
Return vs Market: AUS underperformed the German Market which returned 14.4% over the past year.
Price Volatility Vs. Market
How volatile is AT & S Austria Technologie & Systemtechnik's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is AT & S Austria Technologie & Systemtechnik undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AUS (€18.08) is trading below our estimate of fair value (€65.08)
Significantly Below Fair Value: AUS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AUS is poor value based on its PE Ratio (51x) compared to the Electronic industry average (33.5x).
PE vs Market: AUS is poor value based on its PE Ratio (51x) compared to the German market (20.7x).
Price to Earnings Growth Ratio
PEG Ratio: AUS is poor value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: AUS is good value based on its PB Ratio (0.9x) compared to the DE Electronic industry average (1.8x).
How is AT & S Austria Technologie & Systemtechnik forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AUS's forecast earnings growth (49.7% per year) is above the savings rate (-0.4%).
Earnings vs Market: AUS's earnings (49.7% per year) are forecast to grow faster than the German market (13.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: AUS's revenue is expected to decline over the next 3 years (-9.6% per year).
High Growth Revenue: AUS's revenue is forecast to decline over the next 3 years (-9.6% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AUS's Return on Equity is forecast to be low in 3 years time (12.1%).
How has AT & S Austria Technologie & Systemtechnik performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AUS has high quality earnings.
Growing Profit Margin: AUS's current net profit margins (1.4%) are lower than last year (9.1%).
Past Earnings Growth Analysis
Earnings Trend: AUS's earnings have declined by -0.5% per year over the past 5 years.
Accelerating Growth: AUS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: AUS had negative earnings growth (-85.3%) over the past year, making it difficult to compare to the Electronic industry average (-3.9%).
Return on Equity
High ROE: AUS's Return on Equity (2.6%) is considered low.
Return on Assets
Return on Capital Employed
How is AT & S Austria Technologie & Systemtechnik's financial position?
Financial Position Analysis
Short Term Liabilities: AUS's short term assets (€928.3M) exceed its short term liabilities (€369.4M).
Long Term Liabilities: AUS's short term assets (€928.3M) exceed its long term liabilities (€780.8M).
Debt to Equity History and Analysis
Debt Level: AUS's debt to equity ratio (104.3%) is considered high.
Reducing Debt: AUS's debt to equity ratio has increased from 80.2% to 104.3% over the past 5 years.
Debt Coverage: AUS's debt is well covered by operating cash flow (24.7%).
Interest Coverage: AUS's interest payments on its debt are well covered by EBIT (4.2x coverage).
Inventory Level: AUS has a high level of physical assets or inventory.
Debt Coverage by Assets: AUS's debt is covered by short term assets (assets are 1.2x debt).
What is AT & S Austria Technologie & Systemtechnik's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Purchase AT & S Austria Technologie & Systemtechnik before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: AUS's dividend (3.35%) is higher than the bottom 25% of dividend payers in the German market (1.32%).
High Dividend: AUS's dividend (3.35%) is low compared to the top 25% of dividend payers in the German market (3.63%).
Stability and Growth of Payments
Stable Dividend: AUS's dividend payments have been volatile in the past 10 years.
Growing Dividend: AUS's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (170.6%), AUS's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: AUS's dividends in 3 years are forecast to be well covered by earnings (26.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Andreas Gerstenmayer (54yo)
Mr. Andreas Gerstenmayer has been the Chairman of the Board of Management and Chief Executive Officer of AT&S Austria Technologie & Systemtechnik Aktiengesellschaft since February 1, 2010. Mr. Gerstenmayer ...
CEO Compensation Analysis
Compensation vs Market: Andreas's total compensation ($USD1.35M) is about average for companies of similar size in the German market ($USD1.19M).
Compensation vs Earnings: Andreas's compensation has been consistent with company performance over the past year.
|Chairman of Management Board & CEO||10yrs||€1.25m||0.026% €179.3k|
|Deputy Chairwoman of the Management Board & CFO||2.7yrs||€566.00k||0.0052% €35.9k|
|COO & Member of Management Board||14.8yrs||€603.00k||0.015% €107.6k|
|Director of Corporate Finance||0yrs||no data||no data|
|Director of Investor Relations & Communications||1.8yrs||no data||no data|
|Head of Corporate Communications||0yrs||no data||no data|
Experienced Management: AUS's management team is seasoned and experienced (6.3 years average tenure).
|Chairman of Supervisory Board||0yrs||€93.24k||0.31% €2.2m|
|Member of Supervisory Board||14.6yrs||€44.72k||no data|
|Second Deputy Chairman of Supervisory Board||0yrs||€65.36k||no data|
|Member of Supervisory Board||14.6yrs||€45.12k||no data|
|First Deputy Chairman of Supervisory Board||0yrs||€69.16k||no data|
|Member of Supervisory Board||20.8yrs||€51.12k||0.040% €277.6k|
|Employee Representative Member of Supervisory Board||10.7yrs||no data||no data|
|Employee Representative Member of Supervisory Board||11.4yrs||no data||no data|
|Member of the Supervisory Board||8.6yrs||€45.12k||no data|
|Employee Representative Member of Supervisory Board||4.1yrs||no data||no data|
Experienced Board: AUS's board of directors are seasoned and experienced ( 11.4 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
AT & S Austria Technologie & Systemtechnik Aktiengesellschaft's company bio, employee growth, exchange listings and data sources
- Name: AT & S Austria Technologie & Systemtechnik Aktiengesellschaft
- Ticker: AUS
- Exchange: DB
- Founded: 1987
- Industry: Electronic Components
- Sector: Tech
- Market Cap: €696.581m
- Shares outstanding: 38.85m
- Website: https://www.ats.net
Number of Employees
- AT & S Austria Technologie & Systemtechnik Aktiengesellschaft
- Fabriksgasse 13
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|AUS||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jul 1999|
|AUS||XTRA (XETRA Trading Platform)||Yes||Ordinary Shares||DE||EUR||Jul 1999|
|0O5C||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Jul 1999|
|ATS||WBAG (Wiener Boerse AG)||Yes||Ordinary Shares||AT||EUR||Jul 1999|
|ATSV||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||Jul 1999|
|ATS||SWX (SIX Swiss Exchange)||Yes||Ordinary Shares||CH||CHF||Jul 1999|
|AUSD||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||Jul 1999|
|ATS||SEP (The Stock Exchange Prague Co. Ltd.)||Yes||Ordinary Shares||CZ||CZK||Jul 1999|
|AUS||ETLX (Eurotlx)||Yes||Ordinary Shares||IT||EUR||Jul 1999|
AT & S Austria Technologie & Systemtechnik Aktiengesellschaft, together with its subsidiaries, manufactures and distributes printed circuit boards (PCBs) worldwide. It operates through three segments: Mobile Devices & Substrates; Automotive, Industrial, Medical; and Others. The company offers double sided standard, metal core, and copper inlay PCBs; multilayer standard, high frequency/low loss, and thick copper PCBs; high density interconnect (HDI) Microvia PCBs; HDI any-layer PCBs; flexible, semi-flexible, rigid-flexible, and HDI rigid flex PCBs; integrated circuit substrates; and insulated metallic substrates PCBs, as well as related services. It is also involved in embedding active and passive electronic components into printed circuit boards by using the embedded component packaging technology. The company distributes its products directly to original equipment and contract electronic manufacturers. AT & S Austria Technologie & Systemtechnik Aktiengesellschaft was founded in 1987 and is headquartered in Leoben, Austria.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/20 21:00|
|End of Day Share Price||2020/02/20 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.