OTCPK:TPLK.F

Stock Analysis Report

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Executive Summary

PVA TePla AG manufactures and sells systems for the production and refinement of high-tech materials worldwide.


Snowflake Analysis

Flawless balance sheet and overvalued.


Similar Companies

Share Price & News

How has PVA TePla's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

TPLK.F

0.7%

US Semiconductor

0.5%

US Market


1 Year Return

n/a

TPLK.F

47.1%

US Semiconductor

18.7%

US Market

Return vs Industry: Insufficient data to determine how TPLK.F performed against the US Semiconductor industry.

Return vs Market: Insufficient data to determine how TPLK.F performed against the US Market.


Shareholder returns

TPLK.FIndustryMarket
7 Day0%0.7%0.5%
30 Day0%5.2%4.9%
90 Day29.3%23.1%19.8%
1 Yearn/a49.9%47.1%21.2%18.7%
3 Yearn/a94.8%84.3%46.2%36.8%
5 Yearn/a249.1%214.4%85.3%65.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is PVA TePla undervalued compared to its fair value and its price relative to the market?

30.98x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: TPLK.F ($12.35) is trading above our estimate of fair value ($7.65)

Significantly Below Fair Value: TPLK.F is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: TPLK.F is good value based on its PE Ratio (31x) compared to the US Semiconductor industry average (36.7x).

PE vs Market: TPLK.F is poor value based on its PE Ratio (31x) compared to the US market (19.2x).


Price to Earnings Growth Ratio

PEG Ratio: TPLK.F is poor value based on its PEG Ratio (2.4x)


Price to Book Ratio

PB vs Industry: TPLK.F is overvalued based on its PB Ratio (4.1x) compared to the US Semiconductor industry average (3.5x).


Next Steps

Future Growth

How is PVA TePla forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

13.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TPLK.F's forecast earnings growth (13.2% per year) is above the savings rate (2.2%).

Earnings vs Market: TPLK.F's earnings (13.2% per year) are forecast to grow slower than the US market (24.1% per year).

High Growth Earnings: TPLK.F's earnings are forecast to grow, but not significantly.

Revenue vs Market: TPLK.F's revenue (7.5% per year) is forecast to grow slower than the US market (9.5% per year).

High Growth Revenue: TPLK.F's revenue (7.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: TPLK.F's Return on Equity is forecast to be low in 3 years time (16.1%).


Next Steps

Past Performance

How has PVA TePla performed over the past 5 years?

52.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TPLK.F has a high level of non-cash earnings.

Growing Profit Margin: TPLK.F's current net profit margins (6.4%) are lower than last year (7.5%).


Past Earnings Growth Analysis

Earnings Trend: TPLK.F has become profitable over the past 5 years, growing earnings by 52.1% per year.

Accelerating Growth: TPLK.F's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: TPLK.F had negative earnings growth (-10.1%) over the past year, making it difficult to compare to the Semiconductor industry average (1.5%).


Return on Equity

High ROE: TPLK.F's Return on Equity (13.5%) is considered low.


Next Steps

Financial Health

How is PVA TePla's financial position?


Financial Position Analysis

Short Term Liabilities: TPLK.F's short term assets (€137.2M) exceed its short term liabilities (€100.0M).

Long Term Liabilities: TPLK.F's short term assets (€137.2M) exceed its long term liabilities (€23.3M).


Debt to Equity History and Analysis

Debt Level: TPLK.F is debt free.

Reducing Debt: TPLK.F has no debt compared to 5 years ago when its debt to equity ratio was 30.9%.

Debt Coverage: TPLK.F has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: TPLK.F has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is PVA TePla current dividend yield, its reliability and sustainability?

0.37%

Forecast Dividend Yield


Dividend Yield vs Market

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

High Dividend: Unable to evaluate TPLK.F's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if TPLK.F's dividends per share have been stable in the past.

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


Current Payout to Shareholders

Dividend Coverage: TPLK.F is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of TPLK.F's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.6yrs

Average management tenure


CEO

Alfred Schopf (63 yo)

0.58

Tenure

€825,000

Compensation

Mr. Alfred Schopf has been Chairman of Management Board at PVA TePla AG since June 21, 2017 and served as its Chief Executive Officer since August 17, 2017. Mr. Schopf serves as Co- Chief Executive Officer ...


CEO Compensation Analysis

Compensation vs Market: Alfred's total compensation ($USD975.87K) is below average for companies of similar size in the US market ($USD2.02M).

Compensation vs Earnings: Alfred's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Alfred Schopf
Chairman of Management Board & Co-CEO0.58yr€825.00kno data
Oliver Hofer
CEO of Production & Technology6.75yrs€498.00kno data
Manfred Bender
Co-CEO & Member of Management Board0.58yrno datano data
Jalin Ketter
CFO & Member of Management Board0.17yrno datano data
Andreas Mühe
Chief Technology Officer & Member of Management Board0.17yrno datano data
Gert Fisahn
Manager of Investor Relationsno datano datano data
Christian Schaefer
Managing Director of Plasma Systemsno datano datano data

0.6yrs

Average Tenure

52yo

Average Age

Experienced Management: TPLK.F's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Alexander von Witzleben
Chairman of Supervisory Board16.17yrs€50.00kno data
Gernot Hebestreit
Deputy Chairman of Supervisory Board13.17yrs€25.00kno data
Markus Thoma
Member of Supervisory Board6.17yrs€25.00kno data

13.2yrs

Average Tenure

Experienced Board: TPLK.F's board of directors are seasoned and experienced ( 13.2 years average tenure).


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: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

PVA TePla AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: PVA TePla AG
  • Ticker: TPLK.F
  • Exchange: OTCPK
  • Founded:
  • Industry: Semiconductor Equipment
  • Sector: Semiconductors
  • Market Cap: €254.475m
  • Listing Market Cap: €301.011m
  • Shares outstanding: 21.75m
  • Website: https://www.pvatepla.com

Number of Employees


Location

  • PVA TePla AG
  • Im Westpark 10 – 12
  • Wettenberg
  • 35435
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TPEDB (Deutsche Boerse AG)YesBearer SharesDEEURNov 2002
TPEXTRA (XETRA Trading Platform)YesBearer SharesDEEURNov 2002
0NL1LSE (London Stock Exchange)YesBearer SharesGBEURNov 2002
TPLK.FOTCPK (Pink Sheets LLC)YesBearer SharesUSUSDNov 2002
TPEDBATS-CHIXE (BATS 'Chi-X Europe')YesBearer SharesGBEURNov 2002

Biography

PVA TePla AG manufactures and sells systems for the production and refinement of high-tech materials worldwide. It operates through two divisions, Industrial Systems and Semiconductor Systems. The Industri ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/14 00:05
End of Day Share Price2020/07/06 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.