Added to YB: 2026-01-19
Pitch date: 2026-01-15
VACN.SW [bullish]
VAT Group AG
+1.85%
current return
Author Info
Lux Opes Research covers European companies. Lots of them. Sign up for the newsletter.
Company Info
VAT Group AG, together with its subsidiaries, develops, manufactures, and sells vacuum and gas inlet valves, multi-valve modules, motion components, and edge-welded metal bellows.
Market Cap
CHF 13.0B
Pitch Price
CHF 497.00
Price Target
N/A
Dividend
1.44%
EV/EBITDA
41.89
P/E
58.39
EV/Sales
12.65
Sector
Machinery
Category
turnaround
VAT Group (VACN Switzerland): early-cycle signals turn decisively positive as orders surge into year-end
VACN.SW (update): Q4 orders CHF 305M (+30% QoQ) vs expectations, 1.19x book-to-bill signals semi upcycle. Leading-edge logic/memory driving growth, HBM/DRAM capacity filled for 2026. 30% EBITDA margin maintained, FCF >CHF 225M. Clean play on semi recovery w/ structural content gains at 2nm/GAA nodes.
Read full article (2 min)