How does FQTV's PE Ratio compare to its peers?

FQTV is good value based on its Price-To-Earnings Ratio (20.5x) compared to the peer average (23.9x).

How does FQTV's PE Ratio compare vs other companies in the European Aerospace & Defense Industry?

FQTV is good value based on its Price-To-Earnings Ratio (20.5x) compared to the European Aerospace & Defense industry average (24.6x).

What is FQTV's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate FQTV's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of FQTV when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

FQTV (€29.4) is trading below our estimate of [[fair value]] (€48.56)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

FQTV Stock Overview

Develops and markets communication and information systems for safety-critical control centers worldwide. More details

FQTV fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	2/6
Past Performance	2/6
Financial Health	6/6
Dividends	0/6

Rewards

Trading at 39.5% below our estimate of its fair value

Earnings are forecast to grow 10.01% per year

Risk Analysis

Shares are highly illiquid

My Notes

Capture your thoughts, links and company narrative

Frequentis AG Competitors

Avon Technologies

LSE:AVON

UK£411.1m

Cohort

AIM:CHRT

UK£501.5m

Senior

LSE:SNR

UK£638.6m

MS INTERNATIONAL

AIM:MSI

UK£149.5m

Price History & Performance

Summary of share price highs, lows and changes for Frequentis
Historical stock prices
Current Share Price	€29.40
52 Week High	€0
52 Week Low	€0
Beta	0.56
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	75.56%

Recent updates

Shareholder Returns

	FQTV	GB Aerospace & Defense	GB Market
7D	0%	-3.3%	-2.6%
1Y	n/a	7.1%	2.7%

Return vs Industry: Insufficient data to determine how FQTV performed against the UK Aerospace & Defense industry.

Return vs Market: Insufficient data to determine how FQTV performed against the UK Market.

Price Volatility

Is FQTV's price volatile compared to industry and market?
FQTV volatility
FQTV Average Weekly Movement	n/a
Aerospace & Defense Industry Average Movement	5.0%
Market Average Movement	4.8%
10% most volatile stocks in GB Market	10.5%
10% least volatile stocks in GB Market	2.6%

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

Volatility Over Time: Insufficient data to determine FQTV's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1947	2,318	Norbert Haslacher	www.frequentis.com

Frequentis AG develops and markets communication and information systems for safety-critical control centers worldwide. It operates through two segments, Air Traffic Management (ATM) and Public Safety & Transport. The company offers air traffic management solutions, including voice communication, network, remote digital towers, ATC towers, surveillance, aeronautical information management (AIM), and aeronautical message handling systems (AMHS) solutions, as well as ATM/unmanned traffic management integration services.

Frequentis AG Fundamentals Summary

How do Frequentis's earnings and revenue compare to its market cap?
FQTV fundamental statistics
Market cap	€376.63m
Earnings (TTM)	€18.42m
Revenue (TTM)	€431.57m

20.5x

P/E Ratio

0.9x

P/S Ratio

Is FQTV overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FQTV income statement (TTM)
Revenue	€431.57m
Cost of Revenue	€107.66m
Gross Profit	€323.91m
Other Expenses	€305.49m
Earnings	€18.42m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	1.39
Gross Margin	75.05%
Net Profit Margin	4.27%
Debt/Equity Ratio	1.5%

How did FQTV perform over the long term?

See historical performance and comparison

Dividends

0.8%

Current Dividend Yield

17%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/08/31 14:49
End of Day Share Price	2024/06/03 00:00
Earnings	2023/12/31
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Frequentis AG is covered by 7 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Daniel Großjohann	BankM AG
Nicole Winkler	Berenberg
Adrian Pehl	Commerzbank AG

Frequentis BATS-CHIXE:FQTV Stock Report