PVA TePla (TPE) AI Stock Analysis

• Market Cap: €387.37M
• Dividend Yield: N/A
• Average Volume (3M): 67.56K
• Price to Earnings (P/E): 15.2
• Beta (1Y): 1.65
• Revenue Growth: 0.43%
• EPS Growth: 2.78%
• Country: DE
• Employees: 811
• Sector: Industrials
• Sector Strength: 88
• Industry: Industrial - Machinery
• EPS (TTM): 0.17
• Shares Outstanding: 21,749,989
• 10 Day Avg. Volume: 52,041
• 30 Day Avg. Volume: 67,563
• PEG Ratio: 0.51
• Price to Book (P/B): 3.88
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -19.44
• 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: €22.38
• Price Target Upside: 23.10% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 4

• Rating: 78 Outperform
• Price Target: €20.50 ▲(12.76%Upside)

PVA TePla's stock is rated favorably due to strong financial performance and robust technical indicators. The company's solid financials and momentum support a positive outlook. While the valuation is reasonable, the lack of a dividend may deter income-focused investors. Overall, the stock shows promise, especially within the semiconductor industry.

Positive Factors

EBITDA Margin

EBITDA margin increased to 18% from 15.8% in the prior year, driven by stronger sales in metrology.

Financial Performance

PVA TePla's Q1 print beats on EBIT with order also slightly ahead of estimates.

Metrology Demand

Higher demand for metrology equipment is driving order intake ahead year over year and quarter over quarter.

Negative Factors

Industrial Segment Orders

Incremental negative commentary on overall market uncertainty is a potential headwind for order momentum, particularly in the industrials segment.

Investment Impact

PVA's decision to front load investments as it aims to expand its capacities could further weigh on margins in case of customer order delays.

Revenue Target Skepticism

Investors are skeptical of PVA's €500m revenue target for 2028 due to its current low trading values.

PVA TePla Business Overview & Revenue Model

Company Description

PVA TePla AG, together with its subsidiaries, manufactures and sells systems for the production and refinement of high-tech materials worldwide. It operates through two segments, Industrial Systems and Semiconductor Systems. The Industrial Systems division provides structural material technologies for semiconductor, aviation and aerospace, energy technology, and hard metal tools industries; and engages in the vacuum brazing, vacuum heat treatment, and diffusion bonding activities. The Semiconductor Systems division offers crystal growing systems, including silicon wafer technologies for microelectronics and silicon carbide wafer technologies for high-performance electronics; metrology systems comprising technologies for non-destructive quality control of wafers, semiconductor parts, and high-tech industrial material; and plasma systems, such as production technologies for micro-electronic mechanical systems and high-brightness light-emitting diodes, as well as technologies for the fabrication of ultrathin wafers. The company is headquartered in Wettenberg, Germany.

How the Company Makes Money

PVA TePla generates revenue through the sale of its specialized equipment to industries that require advanced manufacturing processes, particularly in the semiconductor and photovoltaic sectors. The company’s key revenue streams include the sale of crystal growing systems which are crucial for semiconductor wafer production, vacuum systems used in various high-tech manufacturing processes, and metrology and analytical tools that ensure quality and precision in materials processing. Additionally, PVA TePla engages in service contracts and maintenance agreements, providing ongoing support and technical expertise to its clients. Strategic partnerships with leading technology firms and research institutions also enhance its market reach and technological capabilities, contributing to its revenue generation.

PVA TePla Financial Statement Overview

Summary

PVA TePla presents a strong financial profile with steady revenue growth, robust profitability, and a solid balance sheet. The company has improved its cash flow position, though careful monitoring of liabilities and cash flow consistency is advisable. Overall, it indicates a well-managed company with growth potential.

Income Statement

PVA TePla has demonstrated consistent revenue growth over the years, with a significant increase from 2020 to 2024. The gross profit and net profit margins are healthy, supported by robust EBIT and EBITDA margins. The company's ability to maintain profitability while expanding its revenue base is commendable, although marginal declines in certain years suggest a need for careful cost management.

Balance Sheet

The company's balance sheet is solid, with a favorable debt-to-equity ratio and increasing stockholders' equity over time. The equity ratio indicates a strong capital foundation, although the slight increase in total liabilities warrants monitoring. Overall, the balance sheet reflects financial stability with a cautious approach to leveraging.

Cash Flow

PVA TePla has shown improvement in free cash flow, recovering from negative figures in 2022 to positive in 2024. The operating cash flow to net income ratio suggests efficient cash generation from operations, though historical fluctuations in cash flow highlight potential volatility in cash management.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
270.57M	270.12M	263.45M	205.22M	155.74M	137.04M
	Gross Profit
83.75M	88.04M	77.51M	59.06M	46.76M	43.17M
	EBIT
37.76M	37.26M	34.38M	25.09M	18.33M	18.52M
	EBITDA
44.77M	48.62M	41.73M	28.95M	22.70M	22.32M
	Net Income Common Stockholders
25.48M	27.07M	24.42M	17.66M	12.15M	12.73M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
21.98M	31.37M	20.13M	46.13M	57.73M	29.73M
	Total Assets
311.08M	299.46M	305.36M	290.33M	240.25M	177.25M
	Total Debt
0.00	24.58M	17.79M	8.91M	2.20M	2.95M
	Net Debt
-21.98M	-6.79M	-2.06M	-18.31M	-55.53M	-26.78M
	Total Liabilities
165.98M	149.20M	177.94M	186.24M	157.46M	107.93M
	Stockholders Equity
145.10M	150.25M	127.42M	104.10M	82.79M	69.31M
Cash Flow		Free Cash Flow
12.37M	19.84M	-9.27M	-20.76M	55.43M	7.26M
	Operating Cash Flow
23.64M	43.99M	2.00M	-14.07M	58.85M	8.06M
	Investing Cash Flow
-25.07M	-24.03M	-10.84M	-21.28M	-33.98M	640.00K
	Financing Cash Flow
8.28M	-3.10M	7.30M	-1.30M	-1.51M	-4.31M

PVA TePla Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 18.18
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:TPE, the sentiment is Positive. The current price of 18.18 is above the 20-day moving average (MA) of 17.07, above the 50-day MA of 15.94, and above the 200-day MA of 13.91, indicating a bullish trend. The MACD of 0.51 indicates Negative momentum. The RSI at 64.28 is Neutral, neither overbought nor oversold. The STOCH value of 82.13 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for DE:TPE.

PVA TePla Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TPE	78 Outperform	€387.37M	15.22	18.64%	―	0.43%	2.78%
Sector *	66 Neutral	$4.51B	12.29	5.40%	3.67%	4.15%	-12.21%
0OC2		€467.46M	90.50	1.03%	―	―	―
0ND2		€203.08M	―	-4.83%	―	―	―
0RK5		€218.59M	3.99	1.95%	―	―	―
0MVY		€389.35M	61.86	4.70%	―	―	―
HG1		€473.78M	9.43	38.99%	3.34%	―	―