PVA TePla share: Order backlog and forecast increase price potential

PVA TePla share: Order backlog and forecast increase price potential

According to a report by www.deraktionaer.de,

The PVA TePla share reacted to the 9-month figures in November with a dynamic spurt. The company has had a strong year and now expects sales and earnings to be at the upper end of the forecast. An order backlog of around 297 million euros means that the order books appear to be full, and the trend is rising. The demand for wafers in the coming years is expected to pick up, which will positively impact the company.

The company plans to achieve sales of between 240 and 260 million euros and an EBITDA of between 36 and 40 million euros for the full year. The proceeds could then achieve a margin of almost 15 percent, with an expected profit per share of 1.15 euros. In the coming year, with revenues of more than 295 million and an EBITA margin of more than 15 percent, around 1.40 euros per share could be earned. With a 2024 P/E ratio of 15 and a P/S ratio of 1.2, the stock still has room for improvement even after the countermovement in November.

The sustained jump above the 20.50 euro mark would signal the starting signal for a trend continuation, and higher prices would be possible in the medium term. Given this information, it is likely that the company will continue to have a positive impact on the market and industry, which could also benefit consumers from these developments.