Vitesco Technologies Group AG

Vitesco Technologies Group AG

VTSCF
Vitesco Technologies Group AGUS flagOther OTC
56.00
USD
- -
- -
2.32BMarket Cap
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
TTM
Revenue per Share
228.46
227.19
200.59
208.6
226.63
230.71
213.1
Basic EPS, GAAP
2.16
-16.49
-9.41
-3.05
0.59
-2.41
0.63
Free Cash Flow per Basic Share
-1.5
0.62
-11.74
10.47
14.79
15.72
7.24
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
127.31
81.37
76.37
-17.27
-16.53
-18.56
-17.46
Tangible Book Value per Share
97.67
54.95
42.45
42.77
50.83
43.21
43.02
Basic Weighted Avg Shares
40
40
40
40
40
40
40
Sales/Revenue/Turnover
9,143
9,092
8,028
8,348
9,070
9,233
8,494
Operating Margin (%)
4.11
0.31
-0.49
0.84
1.58
3.57
2.51
Depreciation Expense
451
815
577
484
545
576
520
Net Income, GAAP
86
-660
-377
-122
24
-96
25
Effective Tax Rate (%)
38.97
- -
- -
463.1
75.92
166.12
87.91
Profit Margin (%)
0.95
-7.26
-4.69
-1.46
0.26
-1.04
0.3
Working Capital
2,030
505
407
312
550
671
611
LT Debt
3
187
181
199
393
672
654
Total Equity
5,094
3,179
2,649
2,688
3,062
2,851
2,931
Return on Invested Capital (%)
- -
- -
- -
-7.67
1.04
-5.99
0.7
Return on Capital (%)
- -
- -
- -
-12.88
-10.93
106.51
-79.21
Return on Common Equity (%)
- -
-15.8
-11.93
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Dec'23
Mar'24
Jun'24
ST Debt
42
145
255
LT Borrowings
495
- -
472
LT Finance Leases
177
- -
182
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
40
40
40
Market Capitalization
3,006
3,073
3,086

Working Capital

FRC

in mil. unless spec.
Dec'23
Mar'24
Jun'24
Total Current Assets
3,815
3,876
3,472
Cash, Cash Equivalents & STI
1,027
1,122
828
Accounts Receivable, Net
1,593
1,525
1,452
Inventories
825
875
857
Total Current Liabilities
3,144
3,206
2,861
Payables & Accruals
- -
- -
- -
ST Debt
42
145
255
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-9.15%
-6.87%
Free Cash Flow
- -
-455.35%
6.23%
Net Income, GAAP
- -
-320.25%
-508.47%
Sales/Revenue/Turnover
- -
0.44%
1.8%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
2,259
2,165
2,300
2,346
9,070
2023
2,314
2,442
2,199
2,278
9,233
2024
1,992
2,024
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
-0.28
0.92
-0.34
- -
0.59
2023
-1.27
-0.34
0.76
- -
-2.41
2024
0.57
0.86
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Andreas Wolf
Full Time Employees
34,604
Sector
Consumer Cyclical
Industry
Auto - Parts
Address
Siemensstrasse 12 Regensburg Germany 93055
IPO Date
Nov 22, 2021
Business
Vitesco Technologies Group AG, formerly known as Continental Powertrain, develops and manufactures components and system solutions for powertrains in passenger cars, commercial vehicles, and two-wheelers worldwide; its core offerings encompass electrification technology including 48-volt solutions, high-voltage axle drives, electric motors, belt starter generators, power electronics, and battery management systems; electronic controls such as engine control units, transmission controllers, aftertreatment modules, and hybrid controllers; sensing and actuation products like sensors, actuators, turbochargers, hydraulic components, and pumps; as well as exhaust-gas solutions and contract manufacturing services. The company operates through segments including Electrification Technology, Electronic Controls, Sensing & Actuation, and Contract Manufacturing, serving markets in Europe, Asia, North America, and other regions with sales distributed across Germany, Europe excluding Germany, Asia, and North America. Founded in 2019 as a spin-off from Continental AG and headquartered in Regensburg, Germany, Vitesco Technologies completed its merger into Schaeffler AG on October 1, 2024, following a business combination agreement signed in March 2024 and approved by shareholder meetings, resulting in Vitesco shareholders receiving Schaeffler common shares at a 1:11.4 ratio and enabling anticipated annual EBIT synergies of 600 million euros by 2029 through integrated operations, cost savings, and expanded product portfolios in e-mobility, powertrains, and chassis solutions.

Company News

APIChat
  • Vitesco to pay 125 mln euros to Continental in dieselgate settlement

  • Schaeffler to implement job cuts after Vitesco merger, reports WirtschaftsWoche

  • Vitesco Technologies Group: An Attractive Arbitrage Opportunity

  • Greenlight Capital Sends Letter to Special Committee of Vitesco Technologies Regarding Schaeffler AG Tender Offer and Merger Proposal

  • Vitesco: EV Transition Remains Underestimated