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

VETNZ is good value based on its Price-To-Earnings Ratio (23.1x) compared to the peer average (24x).

How does VETNZ's PE Ratio compare vs other companies in the European Packaging Industry?

VETNZ is expensive based on its Price-To-Earnings Ratio (23.1x) compared to the European Packaging industry average (18x).

What is VETNZ'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.

VETNZ is good value based on its Price-To-Earnings Ratio (23.1x) compared to the estimated Fair Price-To-Earnings Ratio (24.1x).

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

VETNZ (CHF25.75) is trading below our estimate of [[fair value]] (CHF79.08)

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

Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine [[statistical confidence]] in agreement.

VETNZ Stock Overview

Offers glass packaging products for the food and beverage industry. More details

VETNZ fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	3/6
Past Performance	1/6
Financial Health	5/6
Dividends	3/6

Rewards

Trading at 67.4% below our estimate of its fair value

Earnings are forecast to grow 40.97% per year

Risk Analysis

Dividend of 3.9% is not well covered by free cash flows

Profit margins (2.5%) are lower than last year (10.6%)

My Notes

Capture your thoughts, links and company narrative

Vetropack Holding AG Competitors

Marshalls

LSE:MSLH

UK£631.5m

Atalaya Mining Copper

LSE:ATYM

UK£479.3m

Forterra

LSE:FORT

UK£325.7m

Kenmare Resources

LSE:KMR

UK£268.6m

Price History & Performance

Summary of share price highs, lows and changes for Vetropack Holding
Historical stock prices
Current Share Price	CHF 25.75
52 Week High	CHF 41.45
52 Week Low	CHF 23.10
Beta	0.85
1 Month Change	0.78%
3 Month Change	-10.12%
1 Year Change	-32.24%
3 Year Change	-53.44%
5 Year Change	n/a
Change since IPO	-98.68%

Recent updates

Shareholder Returns

	VETNZ	GB Packaging	GB Market
7D	4.7%	2.8%	0.1%
1Y	-32.2%	7.4%	9.0%

Return vs Industry: VETNZ underperformed the UK Packaging industry which returned 6.7% over the past year.

Return vs Market: VETNZ underperformed the UK Market which returned 8.3% over the past year.

Price Volatility

Is VETNZ's price volatile compared to industry and market?
VETNZ volatility
VETNZ Average Weekly Movement	3.5%
Packaging Industry Average Movement	4.2%
Market Average Movement	4.9%
10% most volatile stocks in GB Market	11.1%
10% least volatile stocks in GB Market	2.7%

Stable Share Price: VETNZ has not had significant price volatility in the past 3 months compared to the UK market.

Volatility Over Time: VETNZ's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1911	3,727	Johann Reiter	www.vetropack.com

Vetropack Holding AG, together with its subsidiaries, offers glass packaging products for the food and beverage industry. The company provides glass bottles and wide-neck jars. Vetropack Holding AG serves food, pharmaceutical, and cosmetics industries.

Vetropack Holding AG Fundamentals Summary

How do Vetropack Holding's earnings and revenue compare to its market cap?
VETNZ fundamental statistics
Market cap	CHF 508.49m
Earnings (TTM)	CHF 22.00m
Revenue (TTM)	CHF 875.10m

23.1x

P/E Ratio

0.6x

P/S Ratio

Is VETNZ overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VETNZ income statement (TTM)
Revenue	CHF 875.10m
Cost of Revenue	CHF 341.40m
Gross Profit	CHF 533.70m
Other Expenses	CHF 511.70m
Earnings	CHF 22.00m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	1.11
Gross Margin	60.99%
Net Profit Margin	2.51%
Debt/Equity Ratio	34.4%

How did VETNZ perform over the long term?

See historical performance and comparison

Dividends

3.9%

Current Dividend Yield

24%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/29 16:27
End of Day Share Price	2025/01/29 00:00
Earnings	2024/06/30
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

Vetropack Holding AG is covered by 8 analysts. 3 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
Volker Bosse	Baader Helvea Equity Research
Alejandro Conde Fraisoli	Banco Santander
Johannes Borner	Bank am Bellevue