FORTEC Elektronik AG

FORTEC Elektronik AG

11.40
EUR
-0.05
(-0.44%)
0.19EPS
91.96P/E
39.82MMarket Cap
Oct 29Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
15.2
15.37
15.43
26.35
26.54
24.52
27.17
26.99
23.82
27.39
32.57
29.08
24.53
24.84
Basic EPS, GAAP
0.6
0.52
0.63
0.97
1.44
1.33
1.75
1.52
1.19
1.92
2.32
1.63
0.41
0.13
Free Cash Flow per Basic Share
0.01
0.97
0.14
0.88
1.54
0.64
0.13
0.83
3.05
0.57
1.38
4.06
0.35
- -
Dividend per Share
0.5
0.5
0.5
0.5
0.6
0.55
0.6
0.7
0.6
0.6
0.7
0.85
0.85
- -
Book Value per Share
7.44
7.49
8.47
8.78
9.48
10.19
12.35
13.17
13.7
15.34
16.92
17.77
17.26
16.95
Tangible Book Value per Share
6.43
6.45
6.07
6.94
7.63
8.39
10.22
11.03
11.58
13.13
14.84
15.67
15.23
13.1
Basic Weighted Avg Shares
3
3
3
3
3
3
3
3
3
3
3
3
3
3
Sales/Revenue/Turnover
45
45
46
78
79
80
88
88
77
89
106
95
80
81
Operating Margin (%)
5.38
4.25
3.15
3.67
6.15
6.73
7.75
6.02
5.93
7.76
10.03
7.43
2.95
1.95
Depreciation Expense
- -
- -
- -
2
1
1
1
2
2
2
2
2
2
3
Net Income, GAAP
2
2
2
3
4
4
6
5
4
6
8
5
1
- -
Effective Tax Rate (%)
27.5
29.91
24.92
26.03
23.95
27.98
23.39
24.39
25.94
24.66
28.59
25.37
30.75
34.36
Profit Margin (%)
3.95
3.38
4.08
3.68
5.43
5.42
6.44
5.62
5.01
7.02
7.13
5.61
1.69
0.54
Working Capital
18
18
16
23
25
25
33
33
34
39
45
47
45
38
LT Debt
- -
- -
- -
5
4
3
5
9
7
6
5
5
6
6
Total Equity
22
22
25
26
28
30
40
43
45
50
55
58
56
55
Return on Invested Capital (%)
7.57
6.69
6.53
9.26
12.2
12.4
13.73
9.57
7.13
11.07
12.31
7.93
1.93
1.09
Return on Capital (%)
8.05
6.97
7.81
10.02
13.3
13.08
14.3
10.47
7.1
11.45
12.82
8.62
2.31
0.95
Return on Common Equity (%)
8.03
6.97
7.95
11.29
15.79
14.85
16.2
11.89
8.89
13.25
14.4
9.41
2.37
0.78

Capital Structure

EUR

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
1
1
1
LT Borrowings
1
- -
- -
LT Finance Leases
6
6
6
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3
3
3
Market Capitalization
49
36
40

Working Capital

EUR

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
51
50
52
Cash, Cash Equivalents & STI
16
18
18
Accounts Receivable, Net
10
7
11
Inventories
22
22
21
Total Current Liabilities
11
11
14
Payables & Accruals
- -
- -
- -
ST Debt
1
1
1
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.76%
5.7%
-2.87%
Free Cash Flow
145.66%
86.16%
-91.26%
Net Income, GAAP
7.76%
-8.76%
-74.58%
Sales/Revenue/Turnover
7.81%
-0.85%
-15.67%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
27
20
23
25
95
2025
17
18
22
22
80
2026
19
18
21
- -
- -

Quarterly Earnings Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.78
0.25
0.23
0.41
1.63
2025
-0.09
0.15
0.25
0.09
0.41
2026
-0.04
0.07
0.01
- -
- -

Quarterly Dividends Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.85
2025
- -
- -
- -
- -
0.85
2026
- -
- -
- -
- -
- -

Company Description

CEO
Maarten Buscher
Full Time Employees
241
Sector
Distribution services
Industry
Electronics distributors
Address
Augsburger Strasse 2b Germering BV Germany 82110
IPO Date
Feb 25, 2008
Business
FORTEC Elektronik AG, founded in 1984 and headquartered in Germering near Munich, Germany, supplies individual components and systems in display technology, embedded systems, and power supplies to industrial customers worldwide; it offers customized TFT display solutions including product development, adaptations, optical bonding, and complete monitors for industry, medicine, and aerospace; embedded products such as single-board computers, industrial motherboards, panel PCs, 19-inch servers, and board/display kits for IoT and Industry 4.0 applications; and power supplies encompassing AC/DC, DC/DC, and DC/AC converters up to 2.5 kW for medical, traffic, mechanical engineering, measurement, control, and transport sectors. The company operates through subsidiaries including FORTEC Integrated GmbH, FORTEC Power GmbH, FORTEC United States, FORTEC Switzerland AG, and FORTEC Czech Republic s.r.o., with locations across Europe, the US, UK, and eight global sites serving B2B markets in automation, defense, maritime, telecommunications, and security systems; it generates over 95 million euros in annual sales with approximately 243 employees. Recent developments include the 2025 acquisition of the remaining shares in Advantec Electronics B.V., merged with prior purchase Nottrot B.V. to form FORTEC Benelux for enhanced presence in power supplies, automation, and defense across the Benelux region; the 2025 takeover of Nottrot B.V., a Dutch manufacturer of rugged monitors for maritime data visualization, military, and industrial uses, strengthening Central European operations and vertical integration; and a 2025 supervisory board-initiated realignment of the management board to support ongoing strategic expansions in Eastern Europe, Spain, France, and online marketplaces.