Obermatt

VAT

SWX:VACN · CH0311864901
MachinerySmall

360

76
EV / EBIT1
Price / Owner Earnings3
Owner Earnings Yield8
Dividend Yield33
Price/Sales3
EV / Gross Profit1
Price/Book1
Return on Capital79
Cash Return on Capital86
Return on Equity85
EBIT Margin87
Gross Profitability95
Cash Conversion58
Accruals77
Owner Earnings Margin80
Sales growth89
Profit Growth78
Long-Term EPS Growth100
Owner Earnings Growth34
Reinvestment45
Price momentum95
Debt load57
Refinancing18
Debt Payback63
Liquidity96
Analyst ratings27
Opinion Changes50
Price Target Upside1
Market mood100
Value Creation14/20strong value creator
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

VAT generates returns well above its cost of capital, the foundation of durable shareholder value.

Profile

CountrySwitzerland
IndustryMachinery
SizeSmall
TypePublic Company
ExchangeSWX
Founded2016
Employees1,391
ISINCH0311864901
Last UpdateApr 2, 2026
Themes
Industrial AutomationSensorsDetectors, Sensors and MemsMachinery Manufacturing

Description

VAT Group AG, together with its subsidiaries, is a global leader in the development, manufacturing, and supply of vacuum valves tailored for the semiconductor, displays, photovoltaics, and vacuum coating industries, as well as for the industrial and…

Analysis

Beloved champion

VAT Group AG is a beloved champion: its quality is genuine, and the market already prices it as exceptional.

The price is expensive. You pay 98.6× its owner earnings: the cash an owner could take out each year, which is in the historically expensive zone. At today's price, the market is assuming roughly 28% yearly growth; analysts expect 32%. The price, in other words, assumes less than the experts do.

The trajectory is solid and the balance sheet is sturdy. The company scores 14/20 on our value-creation score: strong value creator. Analyst sentiment is cautious.

Nothing is flagged here: no red or amber gates, no divergence between profits and cash. That is itself information: the numbers are straightforward. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
70
202320242026

All-time high

78

Mar 2026

All-time low

12

Jan 2024

Average rank

47

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
3
1
3
Price/Earnings
7
3
7
Price/Book
1
1
1
Dividend Yield
33
34
59
Value (overall)
6
4
7

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →