Valuation Update With 7 Day Price Move • May 05
Investor sentiment improves as stock rises 37% After last week's 37% share price gain to €8.84, the stock trades at a trailing P/E ratio of 6.7x. Average forward P/E is 28x in the Electronic industry in Germany. Total returns to shareholders of 52% over the past three years. New Risk • Mar 31
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: €7.4m Forecast net loss in 2 years: €58k This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (€58k net loss in 2 years). Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (€17.3m market cap, or US$19.8m). Tillkännagivande • Feb 17
Schweizer Electronic AG Announces Departure of Chief Technology Officer Thomas Gottwald, Effective February 16, 2026 Schweizer Electronic AG announced that Mr. Thomas Gottwald, Chief Technology Officer, has decided to leave Schweizer Electronic AG prematurely for personal reasons. The Supervisory Board and Mr. Gottwald have mutually agreed that Mr. Gottwald will step down from the Executive Board with effect from February 16, 2026. The areas for which Mr. Gottwald was responsible will now be managed by the members of the Executive Board, Mr. Nicolas-Fabian Schweizer (CEO) and Mr. Marc Bunz (CFO). New Risk • Jan 26
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 13% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risk Market cap is less than US$100m (€20.9m market cap, or US$24.9m). Major Estimate Revision • Nov 13
Consensus EPS estimates fall by 55%, revenue upgraded The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from €157.0m to €163.0m. Forecast EPS reduced from -€1.45 to -€2.25 per share. Electronic industry in Germany expected to see average net income growth of 69% next year. Consensus price target of €3.50 unchanged from last update. Share price was steady at €3.26 over the past week. Reported Earnings • Nov 10
Third quarter 2025 earnings released: €0.68 loss per share (vs €1.03 loss in 3Q 2024) Third quarter 2025 results: €0.68 loss per share (improved from €1.03 loss in 3Q 2024). Revenue: €45.3m (up 26% from 3Q 2024). Net loss: €2.58m (loss narrowed 34% from 3Q 2024). Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. New Risk • Sep 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Market cap is less than US$100m (€12.1m market cap, or US$14.2m). Reported Earnings • Aug 13
Second quarter 2025 earnings released: €0.51 loss per share (vs €1.35 loss in 2Q 2024) Second quarter 2025 results: €0.51 loss per share (improved from €1.35 loss in 2Q 2024). Revenue: €42.9m (up 22% from 2Q 2024). Net loss: €1.93m (loss narrowed 62% from 2Q 2024). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Major Estimate Revision • Aug 12
Consensus revenue estimates increase by 13%, EPS downgraded The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from €139.0m to €157.0m. EPS estimate fell from -€1.31 to -€1.45 per share. Electronic industry in Germany expected to see average net income growth of 22% next year. Consensus price target down from €4.00 to €3.50. Share price fell 5.4% to €2.80 over the past week. Tillkännagivande • May 16
Schweizer Electronic AG, Annual General Meeting, Jun 27, 2025 Schweizer Electronic AG, Annual General Meeting, Jun 27, 2025, at 10:00 W. Europe Standard Time. Reported Earnings • May 12
First quarter 2025 earnings released: €1.02 loss per share (vs €0.26 loss in 1Q 2024) First quarter 2025 results: €1.02 loss per share (further deteriorated from €0.26 loss in 1Q 2024). Revenue: €39.4m (flat on 1Q 2024). Net loss: €3.84m (loss widened 291% from 1Q 2024). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Major Estimate Revision • May 08
Consensus EPS estimates fall by 98% The consensus outlook for fiscal year 2025 has been updated. 2025 expected loss increased from -€0.66 to -€1.31 per share. Revenue forecast of €139.0m unchanged since last update. Electronic industry in Germany expected to see average net income growth of 9.2% next year. Consensus price target of €4.00 unchanged from last update. Share price rose 3.7% to €3.88 over the past week. New Risk • Mar 03
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €9.50m (US$9.98m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company. Tillkännagivande • Jan 15
Schweizer Electronic AG to Report Q3, 2025 Results on Nov 07, 2025 Schweizer Electronic AG announced that they will report Q3, 2025 results on Nov 07, 2025 New Risk • Nov 29
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Market cap is less than US$100m (€10.0m market cap, or US$10.6m). New Risk • Nov 28
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €9.13m (US$9.63m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company. Major Estimate Revision • Nov 15
Consensus EPS estimates fall by 84% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €144.8m to €141.4m. Losses expected to increase from €1.58 per share to €2.91. Electronic industry in Germany expected to see average net income growth of 32% next year. Consensus price target down from €8.00 to €4.00. Share price rose 2.3% to €3.60 over the past week. Reported Earnings • Nov 10
Third quarter 2024 earnings released: €1.03 loss per share (vs €0.17 loss in 3Q 2023) Third quarter 2024 results: €1.03 loss per share (further deteriorated from €0.17 loss in 3Q 2023). Revenue: €35.9m (up 7.3% from 3Q 2023). Net loss: €3.89m (loss widened €3.25m from 3Q 2023). Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings. Major Estimate Revision • Jul 23
Consensus EPS estimates fall by 267% The consensus outlook for fiscal year 2024 has been updated. 2024 expected loss increased from -€0.43 to -€1.58 per share. Revenue forecast of €144.8m unchanged since last update. Electronic industry in Germany expected to see average net income growth of 21% next year. Consensus price target down from €9.00 to €8.00. Share price was steady at €5.10 over the past week. Price Target Changed • May 07
Price target decreased by 10.0% to €9.00 Down from €10.00, the current price target is provided by 1 analyst. New target price is 58% above last closing price of €5.70. Stock is down 1.7% over the past year. The company is forecast to post earnings per share of €0.17 for next year compared to €8.72 last year. New Risk • May 03
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 79% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 127% per year for the foreseeable future. High level of non-cash earnings (79% accrual ratio). Minor Risks High level of debt (64% net debt to equity). Market cap is less than US$100m (€20.7m market cap, or US$22.3m). Reported Earnings • May 03
Full year 2023 earnings released: EPS: €8.72 (vs €7.85 loss in FY 2022) Full year 2023 results: EPS: €8.72 (up from €7.85 loss in FY 2022). Revenue: €139.4m (up 6.4% from FY 2022). Net income: €32.9m (up €62.5m from FY 2022). Profit margin: 24% (up from net loss in FY 2022). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Major Estimate Revision • Nov 10
Consensus EPS estimates increase by 17% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from €133.1m to €135.5m. EPS estimate increased from €10.04 to €11.73 per share. Net income forecast to shrink 52% next year vs 54% growth forecast for Electronic industry in Germany . Consensus price target up from €9.00 to €10.00. Share price rose 3.5% to €7.10 over the past week. New Risk • Nov 08
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 282% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 87% per year for the foreseeable future. Minor Risks High level of debt (59% net debt to equity). Large one-off items impacting financial results. Market cap is less than US$100m (€27.7m market cap, or US$29.6m). Reported Earnings • Nov 07
Third quarter 2023 earnings released: €0.17 loss per share (vs €0.82 loss in 3Q 2022) Third quarter 2023 results: €0.17 loss per share (improved from €0.82 loss in 3Q 2022). Revenue: €33.4m (down 5.1% from 3Q 2022). Net loss: €645.0k (loss narrowed 79% from 3Q 2022). Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Buying Opportunity • Oct 19
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 15%. The fair value is estimated to be €8.53, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 12% in 2 years. Earnings is forecast to decline by 95% in the next 2 years. New Risk • Aug 11
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 231% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 80% per year for the foreseeable future. Minor Risks High level of debt (70% net debt to equity). Share price has been volatile over the past 3 months (7.2% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (€27.0m market cap, or US$29.6m). Reported Earnings • Aug 07
Second quarter 2023 earnings released: EPS: €10.72 (vs €2.31 loss in 2Q 2022) Second quarter 2023 results: EPS: €10.72 (up from €2.31 loss in 2Q 2022). Revenue: €31.6m (up 6.0% from 2Q 2022). Net income: €40.4m (up €49.1m from 2Q 2022). Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Tillkännagivande • Aug 03
Schweizer Electronic AG, Annual General Meeting, Jun 28, 2024 Schweizer Electronic AG, Annual General Meeting, Jun 28, 2024. Reported Earnings • May 12
First quarter 2023 earnings released: €0.88 loss per share (vs €1.44 loss in 1Q 2022) First quarter 2023 results: €0.88 loss per share (improved from €1.44 loss in 1Q 2022). Revenue: €37.1m (up 6.8% from 1Q 2022). Net loss: €3.31m (loss narrowed 39% from 1Q 2022). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Price Target Changed • Nov 16
Price target decreased to €9.00 Down from €10.00, the current price target is provided by 1 analyst. New target price is 50% above last closing price of €6.00. Stock is down 41% over the past year. The company is forecast to post a net loss per share of €6.28 next year compared to a net loss per share of €6.95 last year. Reported Earnings • Nov 06
Third quarter 2022 earnings released: €0.82 loss per share (vs €1.61 loss in 3Q 2021) Third quarter 2022 results: €0.82 loss per share (improved from €1.61 loss in 3Q 2021). Revenue: €35.2m (up 14% from 3Q 2021). Net loss: €3.09m (loss narrowed 49% from 3Q 2021). Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 33% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 07
Second quarter 2022 earnings released: €2.31 loss per share (vs €1.67 loss in 2Q 2021) Second quarter 2022 results: €2.31 loss per share (down from €1.67 loss in 2Q 2021). Revenue: €29.8m (flat on 2Q 2021). Net loss: €8.70m (loss widened 38% from 2Q 2021). Over the next year, revenue is forecast to grow 39%, compared to a 21% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings. Tillkännagivande • Jun 28
Schweizer Electronic AG Approves Supervisory Board Changes Schweizer Electronic AG announced at its annual general meeting held on June 24, 2022, elected Dr. Harald Marquardt, Chairman of Marquardt SE, as a new member of the Supervisory Board. Mr. Christoph Schweizer resigned from the Supervisory Board at the end of the Annual General Meeting. Mr. Christoph Schweizer was Chairman of the Executive Board of Schweizer Electronic AG until 2002 and, after completing his operational activities, was a member of the company's Supervisory Board, where he took on the role of Chairman for 15 years. In view of his special merits for the company, Christoph Schweizer was appointed Honorary Chairman of the Supervisory Board. Price Target Changed • Apr 27
Price target decreased to €10.00 Down from €14.00, the current price target is provided by 1 analyst. New target price is 9.2% above last closing price of €9.16. Stock is down 34% over the past year. The company is forecast to post a net loss per share of €5.89 next year compared to a net loss per share of €6.95 last year. Breakeven Date Change • Apr 27
Forecast to breakeven in 2024 The analyst covering Schweizer Electronic expects the company to break even for the first time. New forecast suggests losses will reduce by 45% per year to 2023. The company is expected to make a profit of €5.20m in 2024. Average annual earnings growth of 71% is required to achieve expected profit on schedule. Reported Earnings • Nov 07
Third quarter 2021 earnings released: €1.61 loss per share (vs €1.44 loss in 3Q 2020) The company reported a solid third quarter result with improved revenues and control over costs, although losses increased. Third quarter 2021 results: Revenue: €30.9m (up 31% from 3Q 2020). Net loss: €6.07m (loss widened 12% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 10
Second quarter 2021 earnings released: €1.67 loss per share (vs €1.77 loss in 2Q 2020) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: €30.0m (up 68% from 2Q 2020). Net loss: €6.29m (loss narrowed 5.6% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance. Major Estimate Revision • Jul 28
Consensus EPS estimates fall to -€7.03 The consensus outlook for earnings per share (EPS) in 2021 has deteriorated. 2021 revenue forecast decreased from €123.0m to €119.0m. Losses expected to increase from -€4.65 to -€7.03. Electronic industry in Germany expected to see average net income growth of 34% next year. Consensus price target down from €16.00 to €14.00. Share price fell 3.0% to €12.95 over the past week. Price Target Changed • Jul 27
Price target decreased to €14.00 Down from €17.00, the current price target is provided by 1 analyst. New target price is 6.9% above last closing price of €13.10. Stock is up 24% over the past year. Tillkännagivande • Jul 20
Schweizer Electronic AG Announce Another Milestone of the Global Success Story Has Been Achieved with Successful IATF Certification of the Jintan Plant (China) Schweizer Electronic AG announced another milestone of the global success story has been achieved with successful IATF certification of the Jintan plant (China). More than a year ago, production was launched at SCHWEIZER's new high-tech plant in Jintan (China). Another important milestone for the plant in China, but also for the global orientation of the company, has now been achieved with successful IATF 16949:2016 certification. After SCHWEIZER had already passed the ISO 9001 certification last year, numerous customer audits of European and Asian automotive customers in accordance with VDA 6.3 were successfully carried out in 2020/2021. The IATF 16949:2016 certification received by the Jintan plant (China) is of great importance for qualification as a supplier in the automotive market, and the SCHWEIZER plant is now fully qualified for the requirements of the automotive segment. At its site in Germany, SCHWEIZER has been able to successfully maintain important certifications such as the IATF 16949:2016 and ISO 9001 and other key quality standards for years. By linking the European PCB production factory in Schramberg, Germany, and the new plant in China, the high level of delivery security for the supply chain stability of customers in Europe and Asia can be ensured. With its Chinese location, SCHWEIZER is opening up access to new markets and customer groups and is able to provide a complete range of PCB technologies, ranging from simple multilayer circuit boards to future-oriented chip embedding technology from both production plants. At its site in Germany, SCHWEIZER has been able to successfully maintain important certifications such as the IATF 16949:2016 and ISO 9001 and other key quality standards for years. By linking the European PCB production factory in Schramberg, Germany, and the new plant in China, the high level of delivery security for the supply chain stability of customers in Europe and Asia can be ensured. With its Chinese location, SCHWEIZER is opening up access to new markets and customer groups and is able to provide a complete range of PCB technologies, ranging from simple multilayer circuit boards to future-oriented chip embedding technology from both production plants. Tillkännagivande • May 08
Schweizer Electronic Ag Provides Sales Guidance for the Fiscal Year of 2021 Schweizer Electronic AG provided sales guidance for the fiscal year of 2021. For the period, the company expects a sales increase of between 20% and 30% compared to the previous year is forecast in 2021. Reported Earnings • Apr 26
Full year 2020 earnings released: €4.74 loss per share (vs €1.48 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: €98.3m (down 19% from FY 2019). Net loss: €17.9m (loss widened 221% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 104 percentage points per year, which is a significant difference in performance. Tillkännagivande • Apr 25
Schweizer Electronic AG Provides Sales Forecast for the Year 2021 Schweizer Electronic AG provided sales forecast for the year 2021. The company forecast for 2021 with sales increase of more than 20%. Tillkännagivande • Mar 25
Schweizer Electronic AG Provides Earnings Guidance for the Year 2021 Schweizer Electronic AG provided earnings guidance for the year 2021. For the year, the company expects sales growth of between 20% and 30% in 2021. Is New 90 Day High Low • Jan 23
New 90-day high: €13.20 The company is up 43% from its price of €9.26 on 23 October 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 23% over the same period. Is New 90 Day High Low • Jan 04
New 90-day high: €11.95 The company is up 18% from its price of €10.15 on 06 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 12% over the same period. Is New 90 Day High Low • Nov 19
New 90-day high: €10.85 The company is up 10.0% from its price of €9.86 on 20 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 3.0% over the same period. Reported Earnings • Nov 08
Third quarter 2020 earnings released: €1.44 loss per share The company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: €23.6m (down 31% from 3Q 2019). Net loss: €5.42m (loss widened €5.35m from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 110% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Oct 21
New 90-day low: €9.32 The company is down 15% from its price of €10.95 on 23 July 2020. The German market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 4.0% over the same period. 
