Upcoming Dividend • Jun 01
Upcoming dividend of €0.20 per share Eligible shareholders must have bought the stock before 08 June 2026. Payment date: 11 June 2026. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 4.2%. Lower than top quartile of British dividend payers (5.6%). Higher than average of industry peers (3.3%). New Risk • May 15
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 4.4% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Reported Earnings • May 06
Full year 2025 earnings released: EPS: €0.46 (vs €0.29 loss in FY 2024) Full year 2025 results: EPS: €0.46 (up from €0.29 loss in FY 2024). Revenue: €673.8m (flat on FY 2024). Net income: €10.0m (up €16.5m from FY 2024). Profit margin: 1.5% (up from net loss in FY 2024). Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Auto Components industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Duyuru • May 02
Polytec Holding AG announces Annual dividend, payable on June 11, 2026 Polytec Holding AG announced Annual dividend of EUR 0.2000 per share payable on June 11, 2026, ex-date on June 08, 2026 and record date on June 09, 2026. Duyuru • Dec 09
Polytec Holding AG, Annual General Meeting, Jun 02, 2026 Polytec Holding AG, Annual General Meeting, Jun 02, 2026. Reported Earnings • Aug 19
Second quarter 2025 earnings released: EPS: €0.015 (vs €0.04 loss in 2Q 2024) Second quarter 2025 results: EPS: €0.015 (up from €0.04 loss in 2Q 2024). Revenue: €176.3m (flat on 2Q 2024). Net income: €307.0k (up €1.15m from 2Q 2024). Profit margin: 0.2% (up from net loss in 2Q 2024). Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 1.4% growth forecast for the Auto Components industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Buy Or Sell Opportunity • Jul 25
Now 21% overvalued The stock has been flat over the last 90 days, currently trading at €3.35. The fair value is estimated to be €2.77, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.7% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • May 16
First quarter 2025 earnings released: EPS: €0.04 (vs €0.07 loss in 1Q 2024) First quarter 2025 results: EPS: €0.04 (up from €0.07 loss in 1Q 2024). Revenue: €183.2m (up 6.3% from 1Q 2024). Net income: €949.0k (up €2.45m from 1Q 2024). Profit margin: 0.5% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Auto Components industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Duyuru • Jan 27
Polytec Holding AG, Annual General Meeting, Jun 10, 2025 Polytec Holding AG, Annual General Meeting, Jun 10, 2025. Reported Earnings • Nov 17
Third quarter 2024 earnings released: €0.21 loss per share (vs €0.23 loss in 3Q 2023) Third quarter 2024 results: €0.21 loss per share (improved from €0.23 loss in 3Q 2023). Revenue: €158.5m (up 9.0% from 3Q 2023). Net loss: €4.69m (loss narrowed 6.5% from 3Q 2023). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Auto Components industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 15
Second quarter 2024 earnings released: €0.04 loss per share (vs €0.11 loss in 2Q 2023) Second quarter 2024 results: €0.04 loss per share (improved from €0.11 loss in 2Q 2023). Revenue: €178.4m (up 3.8% from 2Q 2023). Net loss: €846.0k (loss narrowed 66% from 2Q 2023). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Auto Components industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 28
Full year 2023 earnings released: €0.64 loss per share (vs €0.10 loss in FY 2022) Full year 2023 results: €0.64 loss per share (further deteriorated from €0.10 loss in FY 2022). Revenue: €641.4m (up 6.6% from FY 2022). Net loss: €14.1m (loss widened €11.8m from FY 2022). Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Auto Components industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 17
Third quarter 2023 earnings released: €0.23 loss per share (vs €0.09 loss in 3Q 2022) Third quarter 2023 results: €0.23 loss per share (further deteriorated from €0.09 loss in 3Q 2022). Revenue: €146.1m (flat on 3Q 2022). Net loss: €5.02m (loss widened 146% from 3Q 2022). Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Auto Components industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 12
Second quarter 2023 earnings released: €0.11 loss per share (vs €0.07 loss in 2Q 2022) Second quarter 2023 results: €0.11 loss per share (further deteriorated from €0.07 loss in 2Q 2022). Revenue: €173.0m (up 27% from 2Q 2022). Net loss: €2.50m (loss widened 58% from 2Q 2022). Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Auto Components industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 30
Full year 2022 earnings released: €0.10 loss per share (vs €0.32 profit in FY 2021) Full year 2022 results: €0.10 loss per share (down from €0.32 profit in FY 2021). Revenue: €609.3m (up 9.4% from FY 2021). Net loss: €2.30m (down 133% from profit in FY 2021). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Auto Components industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Reported Earnings • Nov 16
Third quarter 2022 earnings released: €0.09 loss per share (vs €0.15 loss in 3Q 2021) Third quarter 2022 results: €0.09 loss per share (improved from €0.15 loss in 3Q 2021). Revenue: €146.4m (up 18% from 3Q 2021). Net loss: €2.04m (loss narrowed 38% from 3Q 2021). Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Auto Components industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 11
Second quarter 2022 earnings released: €0.07 loss per share (vs €0.09 profit in 2Q 2021) Second quarter 2022 results: €0.07 loss per share (down from €0.09 profit in 2Q 2021). Revenue: €137.3m (down 4.7% from 2Q 2021). Net loss: €1.58m (down 179% from profit in 2Q 2021). Over the next year, revenue is forecast to grow 9.8%, compared to a 88% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Jun 28
Upcoming dividend of €0.10 per share Eligible shareholders must have bought the stock before 05 July 2022. Payment date: 07 July 2022. Payout ratio is a comfortable 56% but the company is not cash flow positive. Trailing yield: 1.7%. Lower than top quartile of British dividend payers (5.2%). Lower than average of industry peers (3.7%). Reported Earnings • Apr 27
Full year 2021 earnings released: EPS: €0.32 (vs €0.29 in FY 2020) Full year 2021 results: EPS: €0.32 (up from €0.29 in FY 2020). Revenue: €557.0m (up 6.5% from FY 2020). Net income: €7.06m (up 9.7% from FY 2020). Profit margin: 1.3% (in line with FY 2020). Over the next year, revenue is forecast to grow 3.9%, compared to a 119% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 24
Full year 2021 earnings released: EPS: €0.32 (vs €0.29 in FY 2020) Full year 2021 results: EPS: €0.32 (up from €0.29 in FY 2020). Revenue: €557.0m (up 6.5% from FY 2020). Net income: €7.06m (up 9.7% from FY 2020). Profit margin: 1.3% (in line with FY 2020). Over the next year, revenue is forecast to grow 3.3%, compared to a 117% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Mar 07
Investor sentiment deteriorated over the past week After last week's 18% share price decline to €6.01, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 9x in the Auto Components industry in Europe. Total loss to shareholders of 23% over the past three years. Reported Earnings • Nov 12
Third quarter 2021 earnings released: €0.15 loss per share (vs €0.08 loss in 3Q 2020) The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: €125.4m (down 8.6% from 3Q 2020). Net loss: €3.32m (loss widened 99% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 13
Second quarter 2021 earnings released: EPS €0.09 (vs €0.48 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €145.8m (up 56% from 2Q 2020). Net income: €2.01m (up €12.5m from 2Q 2020). Profit margin: 1.4% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Jul 07
Upcoming dividend of €0.30 per share Eligible shareholders must have bought the stock before 14 July 2021. Payment date: 16 July 2021. Trailing yield: 2.6%. Lower than top quartile of British dividend payers (4.0%). Higher than average of industry peers (1.9%). Reported Earnings • May 09
First quarter 2021 earnings released: EPS €0.21 (vs €0.06 in 1Q 2020) The company reported a solid first quarter result with improved earnings and profit margins, although revenues were flat. First quarter 2021 results: Revenue: €149.7m (flat on 1Q 2020). Net income: €4.69m (up 274% from 1Q 2020). Profit margin: 3.1% (up from 0.8% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 24
Full year 2020 earnings released: EPS €0.29 (vs €1.02 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €531.9m (down 15% from FY 2019). Net income: €6.44m (down 71% from FY 2019). Profit margin: 1.2% (down from 3.6% in FY 2019). 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 10% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 11
Third quarter 2020 earnings released: €0.08 loss per share The company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: €137.2m (down 8.5% from 3Q 2019). Net loss: €1.67m (down 148% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 52% 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 • Nov 07
Third quarter 2020 earnings released: €0.08 loss per share The company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: €142.6m (down 4.9% from 3Q 2019). Net loss: €1.67m (down 148% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 52% 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.