VAT Group AG (VACN) AI Stock Analysis

• Market Cap: $9.14B
• Dividend Yield: 2.07%
• Average Volume (3M): 95.52K
• Price to Earnings (P/E): 43.2
• Beta (1Y): 1.23
• Revenue Growth: 6.43%
• EPS Growth: 11.31%
• Country: CH
• Employees: 3,202
• Sector: Industrials
• Sector Strength: 92
• Industry: Industrial - Machinery
• EPS (TTM): 3.93
• Shares Outstanding: 30,000,000
• 10 Day Avg. Volume: 99,624
• 30 Day Avg. Volume: 95,522
• PEG Ratio: 9.94
• Price to Book (P/B): 13.71
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 58.62
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $329.24
• Price Target Upside: 3.66% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 10

• Rating: 68 Neutral
• Price Target: ―

VAT Group AG's stock score reflects its strong financial performance and positive earnings call sentiment. The company's solid balance sheet and growth in semiconductor sales are significant strengths. However, technical indicators suggest bearish momentum, and the high P/E ratio may indicate overvaluation. Despite these challenges, the company's strategic investments and market position support a positive long-term outlook.

Positive Factors

Growth Projections

VAT expects 2025 to be a 'solid' growth year driven by 2nm, GAA, ALD and persisting strength in China.

Market Expansion

China remains an important end market that should continue to see growth for VAT.

Price Movement

A positive inflection in DRAM spot prices would be a catalyst for the share price.

Negative Factors

Earnings Expectations

Analyst expects that consensus for 2025 will be reduced >10% at the EPS level.

Financial Performance

The widening of the EBITDA margin range introduces some risk to Street views, potentially putting downward pressure on consensus.

Revenue Challenges

Lower China revenue for the non-Chinese OEMs is seen as a material headwind to the overall market, impacting the growth of VAT's main US customers.

VAT Group AG Business Overview & Revenue Model

Company Description

VAT Group AG, together with its subsidiaries, develops, manufactures, and supplies vacuum valves in Switzerland, rest of Europe, the United States, Japan, Korea, Singapore, China, rest of Asia, and internationally. The company operates through two segments, Valves and Global Service. The Valves segment offers vacuum valves for the semiconductor, displays, photovoltaics, and vacuum coating industries, as well as for the industrial and research sectors. The Global Service segment provides spare parts, repairs, and upgrades, as well as support services. It also offers gas inlet valves, multi valve modules, vacuum chambers with integrated valves, motion and mechanical components, and edge-welded metal bellows. VAT Group AG was founded in 1965 is headquartered in Sennwald, Switzerland.

How the Company Makes Money

VAT Group AG generates revenue primarily through the sale of its vacuum valves and related products. The company serves a diverse range of industries, including semiconductors, which is its largest market due to the high demand for precision vacuum technology in chip manufacturing. Revenue streams include direct product sales, maintenance services, and long-term supply agreements with major technology firms. VAT Group AG benefits from strategic partnerships with leading equipment manufacturers, which enhance its market reach and provide stable revenue through continuous demand for advanced vacuum solutions. Additionally, the company's focus on research and development ensures a steady pipeline of innovative products, further driving sales and profitability.

VAT Group AG Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
881.17M	942.20M	885.32M	1.15B	901.16M	692.43M
	Gross Profit
295.55M	634.15M	299.64M	469.65M	336.00M	224.26M
	EBIT
230.93M	0.00	215.66M	369.69M	267.26M	169.48M
	EBITDA
348.48M	301.85M	255.99M	402.28M	306.86M	200.98M
	Net Income Common Stockholders
200.11M	211.80M	190.31M	306.78M	217.44M	127.94M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
109.86M	158.15M	144.15M	174.40M	127.19M	137.90M
	Total Assets
972.67M	1.29B	1.17B	1.28B	1.07B	993.96M
	Total Debt
254.09M	0.00	207.31M	211.18M	206.94M	266.34M
	Net Debt
144.27M	-158.12M	63.20M	36.82M	79.79M	128.47M
	Total Liabilities
449.24M	540.87M	411.30M	496.58M	435.13M	449.39M
	Stockholders Equity
523.44M	753.88M	757.16M	780.32M	634.37M	544.57M
Cash Flow		Free Cash Flow
176.26M	184.97M	187.17M	223.50M	192.00M	141.79M
	Operating Cash Flow
249.87M	240.64M	256.41M	289.74M	234.97M	161.08M
	Investing Cash Flow
-78.61M	-57.39M	-67.65M	-66.22M	-44.23M	-19.22M
	Financing Cash Flow
-168.69M	-172.50M	-205.58M	-172.58M	-201.76M	-111.75M

VAT Group AG Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 317.60
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CH:VACN, the sentiment is Positive. The current price of 317.6 is above the 20-day moving average (MA) of 306.98, above the 50-day MA of 303.08, and below the 200-day MA of 347.72, indicating a neutral trend. The MACD of 4.71 indicates Negative momentum. The RSI at 55.80 is Neutral, neither overbought nor oversold. The STOCH value of 28.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CH:VACN.

VAT Group AG Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
INRN	72 Outperform	CHF1.64B	26.29		1.65%	-5.25%	-6.32%
KARN	70 Outperform	CHF1.89B	24.65		2.44%	10.38%	18.74%
BUCN	70 Neutral	CHF4.05B	17.89		2.81%	-11.73%	-35.55%
VACN	68 Neutral	$9.14B	43.16	27.81%	2.07%	6.43%	11.31%
Sector *	65 Neutral	$4.41B	12.06	5.22%	249.80%	4.09%	-12.16%
GF	62 Neutral	CHF5.15B	24.07		2.09%	-3.33%	-8.90%
SULZF		$6.22B	21.00	22.45%	2.64%	―	―

VAT Group AG Corporate Events

VAT Group AG Shareholders Approve Board Proposals and Dividend at 2025 General Meeting

At the 2025 General Meeting, VAT Group AG’s shareholders approved all proposals from the Board of Directors, including an unchanged dividend of CHF 6.25 per share. The meeting saw the re-election of Dr. Martin Komischke as Chairman and the election of new board members Clara-Ann Gordon and Mike Allison, while Karl Schlegel stepped down. The shareholders also approved various compensation reports and plans for the Executive Board and Board of Directors, reflecting confidence in the company’s governance and strategic direction.

VAT Group AG Reports 5% Growth Amid Geopolitical Uncertainties

VAT Group AG reported a 5% adjusted growth in revenue for the first quarter of 2025, despite geopolitical uncertainties impacting semiconductor investments. The company anticipates a growth year driven by technological developments and increased demand from Chinese OEMs and hyperscalers, although order and revenue volatility is expected to persist.

VAT Group AG Announces Q1 2025 Results Conference Call

VAT Group AG has announced a media and analyst conference call and webcast scheduled for April 17, 2025, to discuss its Q1 2025 quarterly results. CEO Urs Gantner and CFO Fabian Chiozza will provide insights into market conditions and expectations for the remainder of the year, which could impact the company’s operations and industry positioning.

VAT Group AG Releases 2024 Sustainability Report Highlighting Key Achievements

VAT Group AG has released its Sustainability Report 2024, highlighting significant achievements in reducing its ecological footprint and promoting inclusivity. The company has cut its greenhouse gas emissions by 66% and exceeded its target for hiring women, demonstrating its commitment to sustainability and long-term value creation for stakeholders.