Latest news with #PfeifferVacuum
Yahoo
a day ago
- Business
- Yahoo
Calculating The Intrinsic Value Of Pfeiffer Vacuum Technology AG (ETR:PFV)
Pfeiffer Vacuum Technology's estimated fair value is €137 based on Dividend Discount Model With €162 share price, Pfeiffer Vacuum Technology appears to be trading close to its estimated fair value The average discount for Pfeiffer Vacuum Technology's competitorsis currently 25% In this article we are going to estimate the intrinsic value of Pfeiffer Vacuum Technology AG (ETR:PFV) by taking the expected future cash flows and discounting them to their present value. One way to achieve this is by employing the Discounted Cash Flow (DCF) model. Don't get put off by the jargon, the math behind it is actually quite straightforward. Remember though, that there are many ways to estimate a company's value, and a DCF is just one method. For those who are keen learners of equity analysis, the Simply Wall St analysis model here may be something of interest to you. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. As Pfeiffer Vacuum Technology operates in the machinery sector, we need to calculate the intrinsic value slightly differently. Instead of using free cash flows, which are hard to estimate and often not reported by analysts in this industry, dividends per share (DPS) payments are used. This often underestimates the value of a stock, but it can still be good as a comparison to competitors. We use the Gordon Growth Model, which assumes dividend will grow into perpetuity at a rate that can be sustained. For a number of reasons a very conservative growth rate is used that cannot exceed that of a company's Gross Domestic Product (GDP). In this case we used the 5-year average of the 10-year government bond yield (1.3%). The expected dividend per share is then discounted to today's value at a cost of equity of 6.6%. Compared to the current share price of €162, the company appears around fair value at the time of writing. Valuations are imprecise instruments though, rather like a telescope - move a few degrees and end up in a different galaxy. Do keep this in mind. Value Per Share = Expected Dividend Per Share / (Discount Rate - Perpetual Growth Rate) = €7.3 / (6.6% – 1.3%) = €137 We would point out that the most important inputs to a discounted cash flow are the discount rate and of course the actual cash flows. Part of investing is coming up with your own evaluation of a company's future performance, so try the calculation yourself and check your own assumptions. The DCF also does not consider the possible cyclicality of an industry, or a company's future capital requirements, so it does not give a full picture of a company's potential performance. Given that we are looking at Pfeiffer Vacuum Technology as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which accounts for debt. In this calculation we've used 6.6%, which is based on a levered beta of 1.232. Beta is a measure of a stock's volatility, compared to the market as a whole. We get our beta from the industry average beta of globally comparable companies, with an imposed limit between 0.8 and 2.0, which is a reasonable range for a stable business. See our latest analysis for Pfeiffer Vacuum Technology Strength Debt is not viewed as a risk. Dividend is in the top 25% of dividend payers in the market. Weakness Earnings declined over the past year. Current share price is above our estimate of fair value. Opportunity PFV's financial characteristics indicate limited near-term opportunities for shareholders. Lack of analyst coverage makes it difficult to determine PFV's earnings prospects. Threat Dividends are not covered by earnings. Valuation is only one side of the coin in terms of building your investment thesis, and it ideally won't be the sole piece of analysis you scrutinize for a company. The DCF model is not a perfect stock valuation tool. Instead the best use for a DCF model is to test certain assumptions and theories to see if they would lead to the company being undervalued or overvalued. For instance, if the terminal value growth rate is adjusted slightly, it can dramatically alter the overall result. For Pfeiffer Vacuum Technology, there are three essential elements you should further research: Risks: Consider for instance, the ever-present spectre of investment risk. We've identified 3 warning signs with Pfeiffer Vacuum Technology (at least 1 which is significant) , and understanding them should be part of your investment process. Other High Quality Alternatives: Do you like a good all-rounder? Explore our interactive list of high quality stocks to get an idea of what else is out there you may be missing! Other Environmentally-Friendly Companies: Concerned about the environment and think consumers will buy eco-friendly products more and more? Browse through our interactive list of companies that are thinking about a greener future to discover some stocks you may not have thought of! PS. The Simply Wall St app conducts a discounted cash flow valuation for every stock on the XTRA every day. If you want to find the calculation for other stocks just search here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
a day ago
- Business
- Yahoo
Calculating The Intrinsic Value Of Pfeiffer Vacuum Technology AG (ETR:PFV)
Pfeiffer Vacuum Technology's estimated fair value is €137 based on Dividend Discount Model With €162 share price, Pfeiffer Vacuum Technology appears to be trading close to its estimated fair value The average discount for Pfeiffer Vacuum Technology's competitorsis currently 25% In this article we are going to estimate the intrinsic value of Pfeiffer Vacuum Technology AG (ETR:PFV) by taking the expected future cash flows and discounting them to their present value. One way to achieve this is by employing the Discounted Cash Flow (DCF) model. Don't get put off by the jargon, the math behind it is actually quite straightforward. Remember though, that there are many ways to estimate a company's value, and a DCF is just one method. For those who are keen learners of equity analysis, the Simply Wall St analysis model here may be something of interest to you. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. As Pfeiffer Vacuum Technology operates in the machinery sector, we need to calculate the intrinsic value slightly differently. Instead of using free cash flows, which are hard to estimate and often not reported by analysts in this industry, dividends per share (DPS) payments are used. This often underestimates the value of a stock, but it can still be good as a comparison to competitors. We use the Gordon Growth Model, which assumes dividend will grow into perpetuity at a rate that can be sustained. For a number of reasons a very conservative growth rate is used that cannot exceed that of a company's Gross Domestic Product (GDP). In this case we used the 5-year average of the 10-year government bond yield (1.3%). The expected dividend per share is then discounted to today's value at a cost of equity of 6.6%. Compared to the current share price of €162, the company appears around fair value at the time of writing. Valuations are imprecise instruments though, rather like a telescope - move a few degrees and end up in a different galaxy. Do keep this in mind. Value Per Share = Expected Dividend Per Share / (Discount Rate - Perpetual Growth Rate) = €7.3 / (6.6% – 1.3%) = €137 We would point out that the most important inputs to a discounted cash flow are the discount rate and of course the actual cash flows. Part of investing is coming up with your own evaluation of a company's future performance, so try the calculation yourself and check your own assumptions. The DCF also does not consider the possible cyclicality of an industry, or a company's future capital requirements, so it does not give a full picture of a company's potential performance. Given that we are looking at Pfeiffer Vacuum Technology as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which accounts for debt. In this calculation we've used 6.6%, which is based on a levered beta of 1.232. Beta is a measure of a stock's volatility, compared to the market as a whole. We get our beta from the industry average beta of globally comparable companies, with an imposed limit between 0.8 and 2.0, which is a reasonable range for a stable business. See our latest analysis for Pfeiffer Vacuum Technology Strength Debt is not viewed as a risk. Dividend is in the top 25% of dividend payers in the market. Weakness Earnings declined over the past year. Current share price is above our estimate of fair value. Opportunity PFV's financial characteristics indicate limited near-term opportunities for shareholders. Lack of analyst coverage makes it difficult to determine PFV's earnings prospects. Threat Dividends are not covered by earnings. Valuation is only one side of the coin in terms of building your investment thesis, and it ideally won't be the sole piece of analysis you scrutinize for a company. The DCF model is not a perfect stock valuation tool. Instead the best use for a DCF model is to test certain assumptions and theories to see if they would lead to the company being undervalued or overvalued. For instance, if the terminal value growth rate is adjusted slightly, it can dramatically alter the overall result. For Pfeiffer Vacuum Technology, there are three essential elements you should further research: Risks: Consider for instance, the ever-present spectre of investment risk. We've identified 3 warning signs with Pfeiffer Vacuum Technology (at least 1 which is significant) , and understanding them should be part of your investment process. Other High Quality Alternatives: Do you like a good all-rounder? Explore our interactive list of high quality stocks to get an idea of what else is out there you may be missing! Other Environmentally-Friendly Companies: Concerned about the environment and think consumers will buy eco-friendly products more and more? Browse through our interactive list of companies that are thinking about a greener future to discover some stocks you may not have thought of! PS. The Simply Wall St app conducts a discounted cash flow valuation for every stock on the XTRA every day. If you want to find the calculation for other stocks just search here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
25-05-2025
- Business
- Yahoo
Pfeiffer Vacuum Technology (ETR:PFV) Is Due To Pay A Dividend Of €7.32
The board of Pfeiffer Vacuum Technology AG (ETR:PFV) has announced that it will pay a dividend on the 7th of July, with investors receiving €7.32 per share. This makes the dividend yield 4.6%, which will augment investor returns quite nicely. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. A big dividend yield for a few years doesn't mean much if it can't be sustained. Prior to this announcement, the dividend made up 152% of earnings, and the company was generating negative free cash flows. This high of a dividend payment could start to put pressure on the balance sheet in the future. EPS is set to fall by 4.9% over the next 12 months if recent trends continue. If the dividend continues along recent trends, we estimate the payout ratio could reach 209%, which could put the dividend in jeopardy if the company's earnings don't improve. Check out our latest analysis for Pfeiffer Vacuum Technology The company has a long dividend track record, but it doesn't look great with cuts in the past. Since 2015, the annual payment back then was €2.65, compared to the most recent full-year payment of €7.32. This means that it has been growing its distributions at 11% per annum over that time. It is great to see strong growth in the dividend payments, but cuts are concerning as it may indicate the payout policy is too ambitious. Growing earnings per share could be a mitigating factor when considering the past fluctuations in the dividend. Over the past five years, it looks as though Pfeiffer Vacuum Technology's EPS has declined at around 4.9% a year. If the company is making less over time, it naturally follows that it will also have to pay out less in dividends. Overall, this isn't a great candidate as an income investment, even though the dividend was stable this year. The company's earnings aren't high enough to be making such big distributions, and it isn't backed up by strong growth or consistency either. Overall, this doesn't get us very excited from an income standpoint. It's important to note that companies having a consistent dividend policy will generate greater investor confidence than those having an erratic one. At the same time, there are other factors our readers should be conscious of before pouring capital into a stock. For example, we've identified 3 warning signs for Pfeiffer Vacuum Technology (1 is a bit concerning!) that you should be aware of before investing. Is Pfeiffer Vacuum Technology not quite the opportunity you were looking for? Why not check out our selection of top dividend stocks. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
24-05-2025
- Business
- Yahoo
Can Mixed Financials Have A Negative Impact on Pfeiffer Vacuum Technology AG's 's (ETR:PFV) Current Price Momentum?
Most readers would already know that Pfeiffer Vacuum Technology's (ETR:PFV) stock increased by 2.2% over the past month. However, we decided to study the company's mixed-bag of fundamentals to assess what this could mean for future share prices, as stock prices tend to be aligned with a company's long-term financial performance. Specifically, we decided to study Pfeiffer Vacuum Technology's ROE in this article. Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. In simpler terms, it measures the profitability of a company in relation to shareholder's equity. We've discovered 3 warning signs about Pfeiffer Vacuum Technology. View them for free. ROE can be calculated by using the formula: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Pfeiffer Vacuum Technology is: 6.7% = €38m ÷ €560m (Based on the trailing twelve months to December 2024). The 'return' is the profit over the last twelve months. That means that for every €1 worth of shareholders' equity, the company generated €0.07 in profit. View our latest analysis for Pfeiffer Vacuum Technology So far, we've learned that ROE is a measure of a company's profitability. We now need to evaluate how much profit the company reinvests or "retains" for future growth which then gives us an idea about the growth potential of the company. Assuming everything else remains unchanged, the higher the ROE and profit retention, the higher the growth rate of a company compared to companies that don't necessarily bear these characteristics. When you first look at it, Pfeiffer Vacuum Technology's ROE doesn't look that attractive. We then compared the company's ROE to the broader industry and were disappointed to see that the ROE is lower than the industry average of 11%. Although, we can see that Pfeiffer Vacuum Technology saw a modest net income growth of 9.2% over the past five years. So, there might be other aspects that are positively influencing the company's earnings growth. Such as - high earnings retention or an efficient management in place. As a next step, we compared Pfeiffer Vacuum Technology's net income growth with the industry and were disappointed to see that the company's growth is lower than the industry average growth of 18% in the same period. Earnings growth is an important metric to consider when valuing a stock. What investors need to determine next is if the expected earnings growth, or the lack of it, is already built into the share price. By doing so, they will have an idea if the stock is headed into clear blue waters or if swampy waters await. One good indicator of expected earnings growth is the P/E ratio which determines the price the market is willing to pay for a stock based on its earnings prospects. So, you may want to check if Pfeiffer Vacuum Technology is trading on a high P/E or a low P/E, relative to its industry. While Pfeiffer Vacuum Technology has a three-year median payout ratio of 58% (which means it retains 42% of profits), the company has still seen a fair bit of earnings growth in the past, meaning that its high payout ratio hasn't hampered its ability to grow. Besides, Pfeiffer Vacuum Technology has been paying dividends for at least ten years or more. This shows that the company is committed to sharing profits with its shareholders. Our latest analyst data shows that the future payout ratio of the company is expected to drop to 1.6% over the next three years. Overall, we have mixed feelings about Pfeiffer Vacuum Technology. Although the company has shown a fair bit of growth in earnings, the reinvestment rate is low. Meaning, the earnings growth number could have been significantly higher had the company been retaining more of its profits and reinvesting that at a higher rate of return. So far, we've only made a quick discussion around the company's earnings growth. You can do your own research on Pfeiffer Vacuum Technology and see how it has performed in the past by looking at this FREE detailed graph of past earnings, revenue and cash flows. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
19-05-2025
- Business
- Associated Press
Pfeiffer Vacuum+Fab Solutions Introduces the CenterLine CNR Series
Pfeiffer Vacuum+Fab Solutions presents the CenterLine CNR series, particularly suited for the harsh operating conditions in the semiconductor industry. ASSLAR, GERMANY, May 19, 2025 / / -- The CenterLine CNR series consists of analog capacitive vacuum gauges that can measure over four decades in the full scale between 0.1 and 1000 Torr. Available in heated and unheated variants, the CNR series expands the existing CenterLine product family and delivers reliable measurements even under the harshest operating conditions. Just like the other CenterLine gauges, the CNR series provides an optimal cost–performance ratio and allows for easy integration into existing installations with measurement technology from other manufacturers. CNR gauges are ideally used in combination with pressure control valves and can be employed for a wide range of applications in the semiconductor industry, such as dry etching, CVD and ALD processes. They can also be implemented for analytics, R&D, and various other industries. In this expansion to the product series, five different versions are available: the 36x, 37x, 38x, 39x and 30x. All products in the series are SEMI S2 compliant. For processes at every temperature The CenterLine CNR series provides a variety of options for processes at different temperatures. The 36x is an unheated variant for reliable measurements at ambient temperature with an accuracy of 0.2%. Self-heating versions are also available at 45, 100, 160 and 200 °C. The 45 °C variant provides an accuracy of 0.15%, making it excellent for calibration laboratories and high-quality control. With an accuracy of 0.4%, the other self-heating versions allow higher accuracy of readings in high-temperature or hot gas processes than comparable gauges. Resistance to contamination and corrosion A diaphragm sensor forms the heart of the measurement device. It is protected by a stable and resistant ceramic shield coated through atomic layer deposition (ALD). The shield protects the sensor both from exposure to the high temperatures of the process gases and from potential corrosion. This ultimately ensures higher reliability and accuracy as well as a longer sensor life, even under harsh plasma, due to minimized contamination. As sensor drift is also reduced, calibration is required less frequently and thus the overall cost of ownership is lowered. Pressure control (p-control) filter setting The gauges in the CenterLine CNR series are equipped with a special filter setting known as 'p-control,' or pressure control. This is designed to be fast and adaptive, enabling the gauge to respond more quickly to pressure changes as well as provide accurate and smooth pressure control. This feature is particularly effective in combination with a pressure control valve. Sandra Thirtle-Höck Pfeiffer Vacuum+Fab Solutions +4964418021460 ext. email us here Visit us on social media: LinkedIn Facebook YouTube Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
