(VH2) Friedrich Vorwerk SE - Overview
Sector: Industrials | Industry: Engineering & Construction | Exchange: XETRA (Germany) | Market Cap: 1.187m EUR | Total Return: -0.2% in 12m
Avg Turnover: 4.15M
EPS Trend: 84.7%
Qual. Beats: 3
Rev. Trend: 95.7%
Warnings
Choppy Below Avwap Earnings
Tailwinds
No distinct edge detected
Friedrich Vorwerk Group SE is a German-based engineering and infrastructure provider specializing in energy transmission and conversion systems. The company operates across four primary segments: Natural Gas, Electricity, Clean Hydrogen, and Adjacent Opportunities. These divisions focus on the technical implementation of high-pressure pipelines, underground cabling for renewable energy, and electrolysis infrastructure for hydrogen production.
The business model relies on the ongoing transition toward decarbonized energy grids in Europe. As a key player in the underground cable market, the company benefits from regulatory shifts away from overhead power lines to minimize environmental and social impact on local communities. Furthermore, its integrated approach combines plant engineering with specialized pipeline construction, allowing it to manage complex interfaces in large-scale energy projects.
For a detailed breakdown of the companys financial health, you may find further insights on ValueRay. Friedrich Vorwerk remains deeply integrated into the European Energiewende, providing essential services for offshore wind integration and the modernization of existing gas grids for future hydrogen compatibility.
- Electricity segment revenue scales on German power grid expansion projects
- Order backlog grows through large-scale underground cable and substation contracts
- Clean hydrogen infrastructure demand accelerates following EU decarbonization mandates
- Natural gas segment margins stabilize via LNG terminal and pipeline maintenance
- District heating and wastewater projects diversify revenue in Adjacent Opportunities segment
| Net Income: 94.1m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.27 > 0.02 and ΔFCF/TA 6.31 > 1.0 |
| NWC/Revenue: 25.26% < 20% (prev 21.36%; Δ 3.89% < -1%) |
| CFO/TA 0.37 > 3% & CFO 212.6m > Net Income 94.1m |
| Net Debt (-216.4m) to EBITDA (158.7m): -1.36 < 3 |
| Current Ratio: 2.00 > 1.5 & < 3 |
| Outstanding Shares: last quarter (20.0m) vs 12m ago 0.0% < -2% |
| Gross Margin: 41.05% > 18% (prev 51.84%; Δ -10.79% > 0.5%) |
| Asset Turnover: 145.0% > 50% (prev 137.6%; Δ 7.48% > 0%) |
| Interest Coverage Ratio: 84.27 > 6 (EBIT TTM 129.9m / Interest Expense TTM 1.54m) |
| A: 0.31 (Total Current Assets 359.5m - Total Current Liabilities 180.1m) / Total Assets 576.4m |
| B: 0.36 (Retained Earnings 205.4m / Total Assets 576.4m) |
| C: 0.27 (EBIT TTM 129.9m / Avg Total Assets 489.8m) |
| D: 1.09 (Book Value of Equity 301.6m / Total Liabilities 275.9m) |
| Altman-Z'' = 6.13 = AAA |
| DSRI: 0.65 (Receivables 93.0m/111.5m, Revenue 710.5m/554.7m) |
| GMI: 1.26 (GM 51.84% / 41.05%) |
| AQI: 1.32 (AQ_t 0.09 / AQ_t-1 0.07) |
| SGI: 1.28 (Revenue 710.5m / 554.7m) |
| TATA: -0.21 (NI 94.1m - CFO 212.6m) / TA 576.4m) |
| Beneish M = -2.70 (Cap -4..+1) = A |
As of June 06, 2026, the stock is trading at EUR 58.20 with a total of 139,780 shares traded.
Over the past week, the price has changed by -11.64%,
over one month by -23.76%,
over three months by -27.72% and
over the past year by -0.17%.
Friedrich Vorwerk SE has no consensus analysts rating.
P/E Trailing = 16.7655
P/S = 1.6666
P/B = 4.3275
Revenue TTM = 710.5m EUR
EBIT TTM = 129.9m EUR
EBITDA TTM = 158.7m EUR
Long Term Debt = 10.7m EUR (from longTermDebt, last quarter)
Short Term Debt = 4.84m EUR (from shortTermDebt, last quarter)
Debt = 19.9m EUR (from shortLongTermDebtTotal, last quarter) + Leases 3.49m
Net Debt = -216.4m EUR (calculated: Debt 19.9m - CCE 236.3m)
Enterprise Value = 970.6m EUR (1.19b + Debt 19.9m - CCE 236.3m)
Interest Coverage Ratio = 84.27 (Ebit TTM 129.9m / Interest Expense TTM 1.54m)
EV/FCF = 6.28x (Enterprise Value 970.6m / FCF TTM 154.6m)
FCF Yield = 15.92% (FCF TTM 154.6m / Enterprise Value 970.6m)
FCF Margin = 21.75% (FCF TTM 154.6m / Revenue TTM 710.5m)
Net Margin = 13.24% (Net Income TTM 94.1m / Revenue TTM 710.5m)
Gross Margin = 41.05% ((Revenue TTM 710.5m - Cost of Revenue TTM 418.8m) / Revenue TTM)
Gross Margin QoQ = 24.91% (prev 25.53%)
Tobins Q-Ratio = 1.68 (Enterprise Value 970.6m / Total Assets 576.4m)
Interest Expense / Debt = 7.75% (Interest Expense 1.54m / Debt 19.9m)
Taxrate = 31.44% (45.2m / 143.7m)
NOPAT = 89.0m (EBIT 129.9m * (1 - 31.44%))
Current Ratio = 2.00 (Total Current Assets 359.5m / Total Current Liabilities 180.1m)
Debt / Equity = 0.07 (Debt 19.9m / totalStockholderEquity, last quarter 301.6m)
Debt / EBITDA = -1.36 (Net Debt -216.4m / EBITDA 158.7m)
Debt / FCF = -1.40 (Net Debt -216.4m / FCF TTM 154.6m)
Total Stockholder Equity = 267.7m (last 4 quarters mean from totalStockholderEquity)
RoA = 19.21% (Net Income 94.1m / Total Assets 576.4m)
RoE = 35.14% (Net Income TTM 94.1m / Total Stockholder Equity 267.7m)
RoCE = 46.64% (EBIT 129.9m / Capital Employed (Equity 267.7m + L.T.Debt 10.7m))
RoIC = 24.35% (NOPAT 89.0m / Invested Capital 365.7m)
WACC = 8.58% (E(1.19b)/V(1.21b) * Re(8.63%) + D(19.9m)/V(1.21b) * Rd(7.75%) * (1-Tc(0.31)))
Discount Rate = 8.63% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 32.66 | Cagr: 0.0%
[DCF] Terminal Value 77.24% ; FCFF base≈125.8m ; Y1≈144.2m ; Y5≈212.2m
[DCF] Fair Price = 164.4 (EV 3.07b - Net Debt -216.4m = Equity 3.29b / Shares 20.0m; r=8.58% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 84.74 | EPS CAGR: 176.0% | SUE: 2.60 | # QB: 3
Revenue Correlation: 95.71 | Revenue CAGR: 31.41% | SUE: N/A | # QB: 0
EPS current Year (2026-12-31): EPS=4.68 | Chg30d=-3.11% | Revisions=N/A | GrowthEPS=+8.1% | GrowthRev=+8.8%
EPS next Year (2027-12-31): EPS=5.04 | Chg30d=-1.61% | Revisions=-33% | GrowthEPS=+7.8% | GrowthRev=+11.8%
[Analyst] Revisions Ratio: -33%