PVA TePla Stock TPE.DE
PVA TePla AG is a German manufacturer of specialized equipment for the production of advanced semiconductor materials and precision measurement systems. PVA TePla stock (TPE.DE): Quarterly and annual results since 2023 from Quarterly Report and IR documents: revenue, earnings, balance sheet, cash flow and management guidance, every figure with its source. As of 08/2026, quarterly reporting. Stock analysis by NadirAlpha. PVA TePla stock (TPE.DE): listed on Xetra, index SDAX, WKN 746100. NadirAlpha has evaluated 7 original documents, cross-checked every figure automatically and linked each to its source; sources as of 08/2026. Revenue Q2 2026: EUR 66 million (+8% year on year). Latest reading: Revenue accelerating, Guidance cut.
AI-generated report · not investment advice · figures extracted automatically; please verify against the linked original more
PVA TePla Current Status
The current state of PVA TePla at a glance, figures as of Q2 2026, with core figures and the key management statements from the latest filing. NadirAlpha methodology
Assessment by NadirAlpha, as of Q2 2026.
“Our technologies address core requirements in structural growth markets, for example in the area of AI applications and AI data centers.”
(translation, original on hover)
“The PVA TePla Group entered fiscal year 2026 with a very strong order intake. At EUR 121.6 million, we recorded one of the highest quarterly order intakes in the company's history.”
(translation, original on hover)
PVA TePla Stock: Key Figures (€ million)
Revenue, margin, earnings and EPS of PVA TePla per fiscal year, half-year and quarter in € million, as of Q2 2026, as reported in the filing; restatements show the most recent filing version. NadirAlpha extracts all values automatically from the filings; errors are possible; please verify decision-relevant figures yourself by clicking through to the linked original. NadirAlpha methodology
All figures serve only to support your own investment decision and are not a recommendation; the company's original reports are authoritative.
Fiscal years
| Period | Revenue | Op. income | Net income | EPS (€) | OCF | Source |
|---|---|---|---|---|---|---|
| FY2025 | 244.3° | 15.1°EBIT | 7.6° | 0.37 | 11.8 | 103 |
| FY2024 | 270.1° | 39.6°EBIT | 27.1° | 1.25 | 46.2 | 103 |
Quarters
| Period | Published | Revenue | Op. income | Net income | EPS (€) | FCF | Cash | Net Debt | Source |
|---|---|---|---|---|---|---|---|---|---|
| 2026-Q2* | 2026-08-06 | 65.7 | -0.1 | -0.7 | -0.03*≈ | 0 | 6.3 | 38.3 | 105 |
| 2026-Q1* | 2026-05-06 | 54.9 | -1.3 | -2.1 | -0.10 | -5 | 7.1 | 37.2 | 106 |
| 2025-Q4* | 2026-03-11 | 244.3 | – | – | – | – | 17.9 | 30.5 | 1 |
| 2025-Q2* | 2026-08-06 | 60.8 | 4.2 | 2.7 | 0.13*≈ | -7.2 | 15.2 | – | 105 |
| 2025-Q1* | 2026-05-06 | 58.8 | 5.9 | 3.5 | 0.17 | -3.2 | 18.4 | – | 106 |
PVA TePla Balance Sheet & Cash Flow (€ million)
Point-in-time balance sheet items of PVA TePla (cash, financial debt) and cash flow items per fiscal year, half-year and quarter, derived values with their formula in the popover. NadirAlpha extracts all values automatically from the filings; errors are possible; please verify decision-relevant figures yourself by clicking through to the linked original. NadirAlpha methodology
Fiscal years
| Period | Cash | Debt | Net Debt | OCF | Capex | FCF | Source |
|---|---|---|---|---|---|---|---|
| FY2025 | 17.9 | 48.4 | 30.5 | 11.8 | 25.5 | -13.7 | 103 |
| FY2024 | 31.4 | 24.6~ | -6.8~ | 46.2 | 24.2 | 22 | 103 |
| FY2023 | – | – | – | – | – | – | – |
Quarters
| Period | Published | Cash | Debt | Net Debt | OCF | Capex | FCF | Source |
|---|---|---|---|---|---|---|---|---|
| 2026-Q2 | 2026-08-06 | 6.3 | 44.7 | 38.3 | 3.6 | 3.6 | 0 | 105 |
| 2026-Q1 | 2026-05-06 | 7.1 | 44.4 | 37.2 | -1.7 | 3.3 | -5 | 106 |
| 2025-Q4 | – | 17.9 | 48.4 | 30.5 | – | – | – | 1 |
| 2025-Q2 | 2026-08-06 | 15.2 | – | – | -2.6 | 4.6 | -7.2 | 105 |
| 2025-Q1 | 2026-05-06 | 18.4 | – | – | 8.4 | 11.6 | -3.2 | 106 |
| 2024-Q4 | – | 31.4 | 24.6 | -6.8 | – | – | – | 102 |
| 2023-Q4 | – | – | – | – | – | – | – | – |
PVA TePla Guidance Tracking (latest per metric/period · 5/5)
NadirAlpha records 5 guidance statements of PVA TePla neutrally: annual and quarterly targets, direction of change and outcome as a dot with legend, with no estimate of our own. NadirAlpha methodology
Actuals: revenue in €m
Direction: confirmedcut Verdict: in linepending
| For period | Guided on | Metric | Guided | Actual | Verdict | Direction | Source |
|---|---|---|---|---|---|---|---|
| FY2026 | 2026-03-11 | Revenue | 255–275 | – | 6 | ||
| FY2026 | 2026-03-11 | EBITDA | 26–31 | – | 4 | ||
| FY2026 | 2026-03-11 | EBIT | roughly on par with that of the 2025 fiscal year | – | 2 | ||
| FY2025 | 2026-03-11 ° | Revenue | 235–255 | 244.3 | 2 | ||
| FY2025 | 2026-03-11 ° | EBITDA | 25–30 | 25.3 | 2 |
PVA TePla Stock: Price & Chart
Chart and key figure trend of PVA TePla stock: the TradingView chart starts only on click, the key figure chart comes from the core tables up to Q2 2026. NadirAlpha methodology
Daily candles with news and earnings markers. Loads only on click.
PVA TePla Event Timeline
This timeline collects the material events of PVA TePla from the original reports: guidance changes, revenue and margin signals, strategy shifts, product and M&A announcements, grouped by quarter. NadirAlpha methodology
2026 · 7 events
Metrology revenue grew +19.9% to EUR 53.0 million in 2026-H1 (44% of group revenue) while group revenue changed +0.8%. 5
H1 EBITDA fell to EUR 4.4 million from EUR 14.9 million in the prior-year period as margin compression and higher investment in personnel, R&D, and sales weighed on results; gradual improvement expected with significant Q4 contribution 4
FY 2026 EBITDA now expected in the lower half of the EUR 26-31 million guidance range 4
Operating loss of 1.3 million reported versus a profit of EUR 5.9 million in the prior-year quarter; gross margin contracted to 28.5% from 33.1% due to underutilization and product mix shifts 6
Q1 order intake rose 164% to EUR 121.6 million, one of the highest quarterly intakes in company history, lifting the book-to-bill ratio to 2.22 from 0.78 6
Segment structure reorganized from Semiconductor Systems and Industrial Systems to Material Solutions and Metrology effective 2026 to improve strategic transparency 6
2025 · 8 events
“For the 2026 fiscal year, we expect a gradual stabilization of business performance as well as moderate growth.”
Net financial position moved from EUR 6.8 million net cash to net debt of 30.5 million, driven by increased investments, treasury share repurchases, and working capital changes 3
Revenue declined to 244.3 million from EUR 270.1 million in the prior year, attributable to lower order volumes at the start of the year and project implementation delays from trade policy and regulatory uncertainties 1
EBITDA margin declined from 17.7% to 10.4% as lower revenue volume and increased structural costs in sales, administration, and R&D weighed on profitability 1
Acquired desconpro engineering GmbH on January 29, 2025 and DIVE imaging systems GmbH (renamed PVA Vision GmbH) on April 29, 2025 to strengthen the metrology portfolio 1
Guidance lowered on October 24, 2025: full-year revenue revised to EUR 235-255 million and EBITDA to EUR 25-30 million 3
FY2026 outlook introduced: consolidated revenue of EUR 255-275 million and EBITDA of EUR 26-31 million 2
PVA TePla Business Model
What PVA TePla does and how the company earns its money, written AI-editorially from the original reports alone, without any assessment of our own. NadirAlpha methodology
PVA TePla AG is a German manufacturer of specialized equipment for the production of advanced semiconductor materials and precision measurement systems. The company earns its revenues through two product-based segments: Material Solutions, which develops and sells crystal growth systems and related equipment for the production of semiconductor substrates and industrial materials; and Metrology, which provides ultrasonic testing and inspection systems for quality control in semiconductor manufacturing and industrial applications. Its customers include semiconductor manufacturers, research institutions, and industrial companies globally, with demand tied to capital expenditure cycles in the semiconductor, electronics, and advanced materials industries.
PVA TePla Stock: Share-Price Drivers
The drivers of PVA TePla stock from the company's perspective: demand, prices, costs and capacity as the investor relations reports describe them. NadirAlpha methodology
Group revenue slipped to 65.7 million in the second quarter of 2026 from 60.8 million a year earlier, operating income turned to -0.1 million from 4.2 million and the company posted a net loss of 0.7 million against a prior-year profit of 2.7 million, so the mix shift toward higher-margin inspection and metrology is what determines whether profitability recovers 105
Metrology generated 53.0 million of revenue in the first half of 2026 at a 10.9 percent margin, the group's fastest-growing and most profitable line, with management citing growth of 20 percent, pointing to traction in inspection for advanced chips 5
PVA TePla's Material Solutions reported 67.6 million of first-half 2026 revenue and growth of 10.5 percent, though at a thin 3.0 percent margin, so the segment adds volume but little profit 5
PVA TePla lists ultrasonic inspection systems for advanced semiconductor quality control, indium phosphide crystal-growth systems for optical data transmission and High-Bandwidth Memory systems for AI applications as planned offerings, so traction is prospective rather than booked 5 6
After operating income of -1.3 million and a net loss of 2.1 million in the first quarter, the company stayed near breakeven in the second quarter; free cash flow was 0 million and cash fell to 6.3 million while net debt rose to 38.3 million 105 106
PVA TePla folded in desconpro engineering and PVA Vision (formerly DIVE imaging systems) during 2025 and plans to close its PVA SPA software unit in Coburg and exit the Xi'an activities, broadening metrology while trimming non-core sites 1 3
Sector trend: Demand for semiconductor inspection and metrology tied to HBM, AI and compound-semiconductor materials is the growth pull, lifting PVA TePla's Metrology volumes and margins 5. At the group level, however, utilisation and profitability are heading lower: revenue, operating income and earnings all turned down year on year and management cut its guidance 105.
PVA TePla Revenue by Type (as of 2026-Q2 · EUR million · 12/12)
The segments of PVA TePla in the company's own definition, each row with its basis (3, 6 or 12 months), rows in grey are no longer reported separately. NadirAlpha methodology
| Segment | Since | Revenue | Growth | Margin | Source |
|---|---|---|---|---|---|
| Period 2026-H1 (6M) | |||||
| Material Solutions | 2025-H1 | 67.6 | 10.5% | 3% | 5 |
| Metrology | 2025-H1 | 53 | 20% | 10.9% | 5 |
| Period FY2025 (12M) | |||||
| Equipment/Systems | FY2025 | 197 | – | – | 3 |
| Systems | FY2025 | 197 | – | – | 2 |
| Asia | FY2025 | 99.6 | – | – | 2 |
| Europe (excluding Germany) | FY2025 | 71.2 | – | – | 2 |
| After-Sales Service | FY2025 | 38.4 | – | – | 3 |
| North America | FY2025 | 37.4 | – | – | 2 |
| Germany | FY2025 | 33.9 | – | – | 2 |
| Contract Processing | FY2025 | 6.9 | – | – | 3 |
| Semiconductor Systems | FY2024 | 159.1 | – | – | 3 |
| Industrial Systems | FY2024 | 91.4 | – | – | 3 |
PVA TePla Products & announcements (19/19 active+recent)
19 product announcements of PVA TePla since 2023, grouped by year; active means still mentioned in the most recent reports, nothing is deleted. NadirAlpha methodology
Status: PlannedLaunched
| Product/Line | Since | Status | Source |
|---|---|---|---|
| 2026 | |||
| Ultrasound inspection systems for semiconductor quality control (2×) | 2026-06 | 6 | |
| Indium phosphide crystal growth systems for optical data transmission | 2026-06 | 5 | |
| High-Bandwidth Memory (HBM) systems (3×) | 2026-06 | 6 | |
| Silicon carbide synthesis process development | 2026-03 | 6 | |
| Indium phosphide production systems | 2026-03 | 7 | |
| Indium phosphide production systems | 2026-03 | 6 | |
| 8-inch silicon carbide process planned | 2026 | 3 | |
| 2025 | |||
| Waste heat recovery system Jena commissioning | 2025 | 1 | |
| Technology Hub 8-inch silicon carbide crystal growth completion (2×) | 2025 | 2 | |
| Photovoltaic plant Schio (Italy) commissioning | 2025 | 1 | |
| New silicon carbide inspection system | 2025 | 3 | |
| New equipment technologies for anode materials batteries | 2025 | 1 | |
| Launch of silicon carbide optical metrology system | 2025 | 2 | |
| Launch of hyperspectral vision measurement technology | 2025 | 2 | |
| Crystal growth systems for solar industry prototype | 2025 | 1 | |
| Hyperspectral vision technology launch by PVA Vision | 2025 | 3 | |
| Aluminum nitride crystal growth project initiation | 2025 | 2 | |
| Aluminum nitride crystal growth project initiated | 2025 | 3 | |
| 6-inch silicon carbide crystal growth successfully completed | 2025 | 3 | |
PVA TePla Transactions & Events (10)
All recorded acquisitions, divestitures and exits of PVA TePla, plus partnerships, contracts and regulatory events affecting the business, each with date and source. NadirAlpha methodology
Acquisitions by PVA TePla
| Transaction / stake | Date | Type | Source |
|---|---|---|---|
| 2025 | |||
| PVA Vision GmbH acquisition | 2025-06 | Completed | 1 |
| Acquisition PVA Vision GmbH (formerly DIVE imaging systems) (4x) | 2025-04 | Completed | 3 |
| desconpro engineering GmbH (3x) | 2025-01 | Completed | 3 |
| 2024 | |||
| PVA Technology Hub GmbH founding | 2024-01 | Completed | 2 |
| Technology Hub founding (2x) | 2024 | Completed | 3 |
Divestitures and exits by PVA TePla
| Transaction / stake | Date | Type | Source |
|---|---|---|---|
| 2025 | |||
| Closure PVA SPA Software Entwicklungs GmbH Coburg (2x) | 2025-12 | Divested | 1 |
| Business activities at Xi'an site | 2025 | Divested | 1 |
Partnerships and contracts of PVA TePla
| Transaction / stake | Date | Type | Source |
|---|---|---|---|
| 2025 | |||
| SENTECH Instruments metrology system development partnership | 2025 | Agreement | 2 |
| Renewed and expanded imec collaboration agreement | 2025 | Agreement | 2 |
| 2024 | |||
| New Leibniz Institute for Crystal Growth aluminum nitride partnership | 2024 | Agreement | 2 |
PVA TePla Risks (118 since the annual report of 2026-03-11, 118 tracked in total)
Which risks PVA TePla has named since the annual report, company-specific first, generic standard risks in the expandable part; first mention refers to the document base from 2023. NadirAlpha methodology
Category: FinancialMacroMarketPeopleRegulatorySupply chainOperationsLegalCustomersTechnologyCompetitionESGGeopolitics
| Risk | Category | Last reported |
|---|---|---|
| PVA TePla: first mention in IR-Quarter quarterly report of 2026-05-06 (2026-Q1), source 6 | ||
| Net debt increased to EUR 37.2 million from EUR 30.5 million; credit utilization rising. | = | |
| PVA TePla: first mention in IR-Half half-year report of 2026-08-06 (2026-H1), source 5 | ||
| Higher energy prices and inflation reducing corporate investment propensity and real incomes in Europe. | = | |
| U.S. import tariffs and export restrictions could impact supply chains and customer investment decisions. | = | |
| German machinery and plant engineering sector remains in slump with stagnant development expected. | = | |
| Limited availability of qualified skilled workers constraining expansion. | = | |
| Regulatory changes could impact business operations across markets. | = | |
| PVA TePla: first mention in IR-Half half-year report of 2026-08-06 (2026-H1), source 4 | ||
| Geopolitische Spannungen beeinflussen Investitionsentscheidungen und Absatzmärkte | = | |
| Angekündigte Importzölle und Exportbeschränkungen gefährden internationale Lieferketten | = | |
| Eingeschränkte Verfügbarkeit qualifizierter Fachkräfte | = | |
| Regulatorische Veränderungen in den Zielmärkten | = | |
| PVA TePla: first mention in IR-Quarter quarterly report of 2026-05-06 (2026-Q1), source 7 | ||
| Equity ratio declined from 50.2% to 46.5%; short-term debt increased significantly. | = | |
| Cash and cash equivalents decreased from EUR 17.9 million to EUR 7.1 million; negative operating cash flow of EUR 1.7 million. | = | |
| Longer lead times result in portions of incoming orders only becoming revenue-effective in the following fiscal year. | = | |
| Makroökonomische und handelspolitische Unsicherheiten beeinflussen Geschäftsverlauf. | = | |
| PVA TePla: first mention in IR-Quarter quarterly report of 2026-05-06 (2026-Q1), source 6 | ||
| Cash position declined significantly to EUR 7.1 million from EUR 17.9 million in Q1 2026. | = | |
| EBITDA margin compressed to 2.5% from 13.9% due to lower capacity utilization. | = | |
| Deliberate pre-investments in organizational structures increased upfront costs impacting profitability. | = | |
| Portion of Q1 orders will not recognize revenue until following fiscal year due to longer lead times. | = | |
| Ongoing macroeconomic and trade policy uncertainties impact business environment. | = | |
| PVA TePla: first mention in IR-Annual annual report of 2026-03-11 (FY2025), source 3 | ||
| Financial Covenants aus Konsortialdarlehensvertrag; wurden 2025 eingehalten | = | |
| Wertminderung der At-Equity Beteiligung an Scientific Visual SA um 2.035 TEUR | = | |
| Projektbasierte Kundenanzahlungen und variable Schlusszahlungen unterliegen Volatilität | = | |
| Handelsbarrieren und US-Zölle führten bereits Q3 2025 zu Projektverzögerungen; 10% US-Basiszoll ab 2026 | = | |
| Participation in Scientific Visual SA with changed economic conditions and operational challenges | = | |
| An increase in discount rates by two percentage points could give rise to impairment requirements at M.P.A. Industrie SAS | = | |
| Default risk from receivables; credit checks and dunning procedures to limit risk | = | |
| Higher financing costs have a negative impact on the financial result | = | |
| Delays in individual projects weighed on revenue and earnings in 2025 | = | |
| Volatile interest rates, exchange rates and share prices influence the business model | = | |
| Konjunkturelle und branchenspezifische Investitionszyklen können Investitionsentscheidungen verzögern | = | |
| Zeitweise reduzierte Produktionsauslastung beeinträchtigt operative Effizienz und Margenenentwicklung | = | |
| Global geopolitical conflicts and trade conflicts influence the business environment | = | |
| Globale makroökonomische Unsicherheiten beeinflussen Investitionsverhalten in technologiebasierten Industrien | = | |
| Erstmalig gezielt durchgeführte Klimarisikoanalyse; keine Veränderung der Risikosituation festgestellt | = | |
| Delays in project realisation due to trade uncertainties in the US and Asia | = | |
| Dynamic business growth dependent on investments in semiconductor, energy, and aerospace markets | = | |
| Fremdwährungsrisiken primär aus USD-Verkäufen; Devisentermingeschäfte zur Absicherung | = | |
| PVA TePla ist gelegentlich in Rechtsstreitigkeiten verwickelt; keine wesentlichen bekannten Auswirkungen | = | |
| Trade conflict with US tariffs impacted planning and investment dynamics | = | |
| IT risks and cyber attack threats increase with digitalisation; continuous expansion of security measures | = | |
| Zunehmend komplexe Anforderungen an Materialqualität und Prozessstabilität | = | |
| Phasenweise zurückhaltende Investitionsbereitschaft einzelner Kundengruppen führt zu verzögerten Projektumsätzen | = | |
| PVA TePla: first mention in IR-Annual annual report of 2026-03-11 (FY2025), source 2 | ||
| Negative working capital impact in Q1 2026 contributed to EUR 1.7 million negative operating cash flow. | 2026-Q1 2026-05-06 6 | |
| Achievement of CO2e neutrality for Scope 1/2 emissions from 2024 onward represents material ESG commitment | = | |
| Financial covenants from syndicated loan agreement monitored monthly; compliance confirmed for both 2025 and 2024 fiscal years | = | |
| Availability of qualified personnel assessed as significant risk to growth and innovation capacity | = | |
| Impairments of EUR 2.7 million recognized on Scientific Visual SA investment and derivative instruments. | = | |
| Impairment losses of EUR 70 thousand recognized in 2025 on trade receivables and contract assets; historical default rates applied with forward-looking adjustments | = | |
| Customers postponed investment decisions due to trade policy uncertainties and regulatory conditions. | = | |
| Supply chain disruptions identified as material risk requiring resilience strengthening measures | = | |
| U.S. tariffs and geopolitical uncertainties led to project delays affecting 2025 revenue and earnings; 10% U.S. base tariff anticipated for 2026 | = | |
| Geopolitical tensions, trade policy uncertainties, and export restrictions delayed project decisions. | = | |
| Project-related delays in Q3 2025 affected revenue recognition timing in semiconductor and Asian markets | = | |
| Regional and geopolitical conditions shaped semiconductor industry investment decisions with varying timing. | = | |
| Shortage of qualified employees and competition for skilled workers affects operational capacity and project execution | = | |
| Investment in Scientific Visual SA was impaired by EUR 2.035 million due to changes in economic conditions and operational challenges | = | |
| Group occasionally involved in legal disputes; management not aware of material events; appropriate provisions established | = | |
| Trade barriers, export controls, and regulatory changes impact cost structures and market access for cross-border business | = | |
| Goodwill of EUR 90 thousand allocated to PVA SPA Software Entwicklungs GmbH Coburg was fully impaired due to Management Board resolution to close the entity | = | |
| Technology Hub success depends on effective translation of research into industrial applications | = | |
| Strong order intake concentration in Asia at 62% of order intake, up from 46% prior year. | 2026-H1 2026-08-06 5 | |
| Orders related to advanced semiconductor applications subject to supply chain dependencies. | 2026-Q1 2026-05-06 6 | |
| Foreign exchange losses increased to EUR 3.96 million in 2025 from EUR 2.04 million in 2024 | = | |
| Liquidity requirements subject to volatility due to project-related customer advance payments and variable final payments; rolling liquidity plan maintained | = | |
| Foreign currency risks primarily from USD-denominated revenues; forward exchange contracts used to hedge payment claims totaling EUR 1.72 million | = | |
| Achievement of EUR 500 million medium-term revenue goal depends significantly on customer investment dynamics | = | |
| Market volatility and delayed investment decisions in semiconductor and technology sectors impact short-term revenue development | = | |
| Chinese structural headwinds including weak real estate sector and high corporate debt limited investment appetite. | = | |
| Significant uncertainties regarding future development of energy material and raw material prices | = | |
| Eurozone remained subdued despite gradual stabilization; geopolitical risks deterred major investment decisions. | = | |
| PVA TePla continues to operate in macroeconomic and geopolitical environment characterized by significant uncertainties and risks | = | |
| Global industrial production and world trade showed moderate trends without significant acceleration. | = | |
| Global economic growth remained subdued at approximately 3%, below historical recovery levels. | = | |
| US tariff announcements and trade conflict created short-term price losses and export planning challenges | = | |
| Variable-rate financial liabilities expose company to interest rate risks; 1% EURIBOR increase would reduce net income by EUR 271 thousand | = | |
| IFRS 18 on presentation and disclosures in financial statements expected January 1 2027 with impact currently being analyzed | = | |
| EU sustainability regulations and Taxonomy requirements create compliance and reporting obligations | = | |
| Cybersecurity threats and digitalization risks to business-critical systems and data; ongoing expansion of security measures required | = | |
| Increased AI-driven demand for quality and process stability raises competitive intensity in metrology | = | |
| PVA TePla: first mention in IR-Report report of 2026-03-11 (2025-Q4), source 1 | ||
| Lower capacity utilization negatively impacted earnings and margins in Q1 2026. | 2026-Q1 2026-05-06 6 | |
| Scope-1 and Scope-2 CO2e neutrality target requires continuous investments and measures. | = | |
| Financial Covenants wurden in 2025 und 2024 eingehalten; Konsortialdarlehensvertrag definiert Verschuldungsgrad-Bedingungen | = | |
| Steigende Lohnerwartungen durch Fachkräftemangel führen zu finanziellen Belastungen | = | |
| Zinsänderungsrisiken aus variabel verzinslichen Konsortialkreditlinien; 1% EURIBOR-Erhöhung = -271 TEUR Zinsaufwand | FY2025 2026-03-11 3 | |
| Selektive und phasenweise zurückhaltende Investitionsbereitschaft einzelner Kundengruppen | = | |
| Fragmentiertes internationales Handelsumfeld beeinflusst Beschaffung und Produktion | = | |
| Risk of supply chain disruptions and supplier bottlenecks. | = | |
| Lieferengpässe durch unethisches Verhalten oder mangelnde Lieferantenzusammenarbeit | = | |
| US tariffs and geopolitical uncertainties led to project delays in Q3 2025 | = | |
| Verfügbarkeit qualifizierter Fachkräfte im hochtechnologischen Bereich | = | |
| Potenzieller Wissensverlust durch Mitarbeiterfluktuation | = | |
| Overloading and workplace accidents as risks in production processes | = | |
| Valuation of financial assets (EUR 33.7 million) and receivables from affiliated companies (EUR 118.7 million) dependent on discounted cash flow assumptions | = | |
| Wasserbedarf in nachgelagerter Wertschöpfungskette, insbesondere Halbleiterindustrie | = | |
| Umbau energie- und ressourcenintensiver Produktionsstrukturen | = | |
| Volatilität von Energiekosten beeinflusst operative Ertragskraft. | = | |
| Höhere Finanzierungskosten belasten das Finanzergebnis | = | |
| Interest is charged at EURIBOR plus a tiered margin; higher interest expenses and financial burden possible | = | |
| Volatile interest rates and exchange rates affect valuations and provisions | = | |
| Syndicated credit agreement with a total volume of EUR 296 million for flexibility in liquidity management | = | |
| Neuordnung globaler Lieferketten wirkt dämpfend auf wirtschaftliche Dynamik | = | |
| Gains and losses from the translation of foreign currency transactions recognised in profit or loss | = | |
| Uncertainties regarding the future development of energy, material and raw material prices | FY2025 2026-03-11 3 | |
| Globales Wirtschaftswachstum moderat bei etwa 3%, unter früheren Erholungsphasen | = | |
| Increasing trade restrictions affect market development. | = | |
| Water scarcity as a physical risk for customer production sites | = | |
| Konjunkturelle und branchenspezifische Investitionszyklen führen zu zeitlichen Verschiebungen | = | |
| Geopolitische Spannungen und handelspolitische Unsicherheiten beeinflussen Investitionsentscheidungen | = | |
| Trade policy restrictions and geopolitical uncertainties influence investment decisions and project timelines | FY2025 2026-03-11 3 | |
| Regionale Unterschiede in Marktentwicklung führen zu zeitlichen Verschiebungen von Investitionen | = | |
| Anhaltender Wettbewerb um hochqualifizierte Mitarbeitende stellt relevanten Einflussfaktor dar | FY2025 2026-03-11 3 | |
| Increasing regulatory requirements in the areas of IT security and data protection | = | |
| Keine spezifischen IPLitigationen erwähnt | = | |
| Neue regulatorische Anforderungen insbesondere im Bereich Dekarbonisierung. | = | |
| Export controls and regulatory uncertainties lead to delays in project execution | = | |
| Corporate tax decreases stepwise from 15% to 10% in 2032 starting in 2028; deferred taxes measured at combined rates between 24.5% and 29.7% | = | |
| Increasing digitalisation raises risks in the areas of cybersecurity and IT outages | = | |
| Requirements for material quality and process stability increase with the use of AI. | = | |
PVA TePla Reported KPIs (as disclosed) (130)
NadirAlpha collects 130 reported KPIs of PVA TePla from the filings up to Q2 2026; the definition comes from the company, period and source are stated at every value. NadirAlpha methodology
| KPI | Value / change | Source |
|---|---|---|
| PVA TePla, published 2026-08-06, period 2026-H1 | ||
| Net Profit Margin | – 2.3% | 5 |
| Net Financial Position | – 38,329 | 5 |
| Metrology EBITDA Margin | 10.9% | 5 |
| Material Solutions EBITDA Margin | 3.0% | 5 |
| Gross Margin | 29.3% | 5 |
| Equity Ratio | 45.4% | 5 |
| EBITDA Margin | 3.6% | 5 |
| EBIT Margin | – 1.1% | 5 |
| Book-to-Bill Ratio | 1.55 | 5 |
| PVA TePla, published 2026-05-06, period 2026-Q1 | ||
| R&D ratio (prior year) | 6.4 | 6 |
| R&D ratio | 8.2 | 6 |
| Profit margin (prior year) | 6.0 | 6 |
| Profit margin | – 3.8 | 6 |
| Order intake (prior year) | 46,096 (EUR in EUR '000) | 6 |
| Order intake | 121,649 (EUR in EUR '000) | 6 |
| Operating result margin (prior year) | 10.1 | 6 |
| Operating result margin (EBIT) | – 2.4 | 6 |
| Metrology order intake (prior year) | 21,300 (EUR in EUR '000) | 6 |
| Metrology order intake | 62,700 (EUR in EUR '000) | 6 |
| Metrology EBITDA margin (prior year) | 20 | 6 |
| Metrology EBITDA margin | 10 | 6 |
| Metrology EBITDA (prior year) | 3,400 (EUR in EUR '000) | 6 |
| Metrology EBITDA | 2,200 (EUR in EUR '000) | 6 |
| Material Solutions order intake (prior year) | 24,800 (EUR in EUR '000) | 6 |
| Material Solutions order intake | 59,000 (EUR in EUR '000) | 6 |
| Material Solutions EBITDA margin (prior year) | 16 | 6 |
| Material Solutions EBITDA margin | 3 | 6 |
| Material Solutions EBITDA (prior year) | 6,600 (EUR in EUR '000) | 6 |
| Material Solutions EBITDA | 1,000 (EUR in EUR '000) | 6 |
| Gross margin (prior year) | 33.1 | 6 |
| Gross margin | 28.5 | 6 |
| Equity ratio (prior year) | 50.2 | 6 |
| Equity ratio | 46.5 | 6 |
| EBITDA margin (prior year) | 13.9 | 6 |
| EBITDA margin | 2.5 | 6 |
| Distribution cost ratio (prior year) | 8.6 | 6 |
| Distribution cost ratio | 10.5 | 6 |
| Book-to-bill ratio (prior year) | 0.78 | 6 |
| Book-to-bill ratio | 2.22 | 6 |
| PVA TePla, published 2026-03-11, period FY2025 | ||
| Order intake | 267.6 (EUR in EUR millions) | 2 |
| Order backlog unfulfilled within | 130,122 (EUR in EUR '000) | 2 |
| Order backlog unfulfilled over | 44,361 (EUR in EUR '000) | 2 |
| Gross margin | 32.0% | 2 |
| Equity ratio | 50.2% | 2 |
| Energy consumption photovoltaic Schio | 107,043 | 2 |
| Contract revenue POC | 47,819 (EUR in EUR '000) | 2 |
| Contract assets | 21,531 (EUR in EUR '000) | 2 |
| Book-to-bill ratio | 1.10 | 2 |
| Treasury shares | 6.1% | 2 |
| Short-term debt | 95.7 million | 2 |
| Shareholders' equity | 142,836 | 2 |
| Share price low | 12.31 | 2 |
| Share price high | 30.58 | 2 |
| Share price at year-end | 22.80 | 2 |
| Share buyback volume | 1,327,398 | 2 |
| Share buyback cost | 18.9 | 2 |
| Semiconductor Systems gross margin | 37.7% | 2 |
| Semiconductor Systems external revenue | 156.6 million | 2 |
| Semiconductor Systems EBITDA | 22.9 million | 2 |
| Research and development costs | 17.1 million | 2 |
| R&D ratio | 7.0% | 2 |
| R&D investment | 17.1 (EUR EUR million) | 2 |
| Market capitalization | 495.9 (EUR EUR million) | 2 |
| Long-term debt | 45.9 million | 2 |
| Industrial Systems gross margin | 24.7% | 2 |
| Industrial Systems external revenue | 87.6 million | 2 |
| Industrial Systems EBITDA | 9.9 million | 2 |
| Holding costs | 7.5 million | 2 |
| Gross margin | 31.9% | 2 |
| Equity ratio | 50% | 2 |
| EBITDA margin | 10.4% | 2 |
| EBITDA margin | 10.4% | 2 |
| EBIT margin | 6.2% | 2 |
| Contract liabilities | 36.2 million | 2 |
| Contract assets | 21,531 (EUR in EUR '000) | 2 |
| CO2 emissions (Scope 1 + 2, market based) | 910 | 2 |
| Average daily trading volume | 78,780 | 2 |
| PVA TePla, published 2026-03-11, period 2025-Q4 | ||
| Renewable energy share | 69% | 1 |
| Female employees headcount | 196 | 1 |
| Administrative cost ratio | 9,9% | 1 |
| Selling cost ratio | 9,4% | 1 |
| Pay ratio highest-paid to median | 7,5 | 1 |
| Taxonomy-eligible revenue repair | 1,0 | 1 |
| Taxonomy-eligible revenue spare parts | 16,9 | 1 |
| Taxonomy-eligible revenue | 17,8 | 1 |
| Taxonomy-eligible OpEx | 1,4 | 1 |
| Taxonomy-eligible CapEx | 4,7 | 1 |
| Scope 2 emissions market-based | 345 | 1 |
| Scope 1 and 2 total market-based | 910 | 1 |
| Scope 1 emissions | 565 | 1 |
| Male employees headcount | 819 | 1 |
| Men in leadership positions | 87 | 1 |
| Employees over 50 | 27,3% | 1 |
| Employees under 30 | 23% | 1 |
| Employees on permanent contracts | 944 | 1 |
| Employees on fixed-term contracts | 55 | 1 |
| Employees aged 30 to 50 | 49,7% | 1 |
| Non-current assets prior year | 94.3 | 1 |
| Non-current assets | 112.2 | 1 |
| Current assets prior year | 205.1 | 1 |
| Current assets | 172.3 | 1 |
| Total leadership positions | 107 | 1 |
| Women in leadership positions (number) | 20 | 1 |
| Women in leadership positions | 18,7% | 1 |
| Turnover rate | 8,7% | 1 |
| R&D ratio | 7,0% | 1 |
| R&D ratio | 7,0% | 1 |
| R&D investment | 17,1 | 1 |
| Total energy consumption | 9.151 | 1 |
| Energy intensity | 0,00004 | 1 |
| Equity ratio prior year | 50 | 1 |
| Equity ratio | 50 | 1 |
| EBITDA margin | 10,4% | 1 |
| EBIT Margin | 6,2% | 1 |
| Average Company Tenure | 7,2 Jahre | 1 |
| Diverse Employees Headcount | 0 | 1 |
| Semiconductor Systems Gross Margin Prior Year | 37.3 | 1 |
| Semiconductor Systems Gross Margin | 37.7 | 1 |
| Industrial Systems Gross Margin Prior Year | 22.6 | 1 |
| Industrial Systems Gross Margin | 24.7 | 1 |
| Gross Margin | 32,0% | 1 |
| Book-to-Bill Ratio | 1,10 | 1 |
| Total Assets Prior Year | 299.5 | 1 |
| Total Assets | 284.5 | 1 |
| Workplace Accidents per 1M Working Hours | 7,6 | 1 |
| Share of Female Employees | 19,3% | 1 |
| Capex Share New Construction | 0,62 | 1 |
| Capex Share Photovoltaics | 0,29 | 1 |
| Capex Share Vehicles | 0,98 | 1 |
| Temporary Workers | 16 | 1 |
PVA TePla Development
A condensed summary of PVA TePla per reporting period as running text: what changed operationally, which drivers management names, how earnings and cash flow developed. NadirAlpha methodology
FY2026: PVA TePla
PVA TePla generated Q1 2026 revenue of 54.9 million and Q2 revenue of 65.7 million, with profitability declining in both periods as capacity underutilization, an unfavorable product mix, and higher upfront costs from organizational expansion weighed on margins 6 5. Order intake recovered strongly, with Q1 alone up 164% year-over-year to EUR 121.6 million -- one of the highest quarterly totals in the company's history -- and H1 cumulative intake rising around 80% to EUR 186.7 million, driven in part by AI-related demand; Asia accounted for 72% of Q1 intake versus 42% in the prior year 6 4. PVA TePla reorganized its reporting structure effective 2026, replacing Semiconductor Systems and Industrial Systems with Material Solutions and Metrology, with Material Solutions revenue declining while Metrology grew in both periods 5. Net debt rose to 38.3 million by end of H1 from EUR 30.5 million at year-end 2025 as cash declined and credit line utilization increased 4. FY 2026 revenue guidance of EUR 255-275 million was confirmed, while EBITDA was narrowed to the lower half of the EUR 26-31 million range, with a significant contribution expected in Q4 4 6.
FY2025: PVA TePla
In fiscal year 2025, PVA TePla AG reported consolidated revenue of 244.3 million, lower than the prior-year level of EUR 270.1 million, as weaker order intake at the start of the year and project implementation delays related to trade policy and regulatory uncertainties constrained revenue recognition 2 3. EBITDA declined to EUR 25.3 million with a margin of 10.4%, compared with EUR 47.8 million and a margin of 17.7% in the prior year, reflecting lower capacity utilization and increased structural costs in sales, administration, and research and development 2 3. Net income was 7.6 million with diluted earnings per share of 0.37 2. The net financial position shifted from EUR 6.8 million net cash at year-end 2024 to net debt of 30.5 million, driven by higher capital expenditure, treasury share repurchases, and working capital changes 3. Order intake reached EUR 267.6 million corresponding to a book-to-bill ratio of approximately 1.10, while the company expanded its metrology portfolio through the acquisitions of desconpro engineering GmbH and PVA Vision GmbH during the year 2.
Glossary
- Revenue: Revenue from contracts with customers, net of sales deductions, as the company itself reports it; not total output, gross revenue, GMV or order intake.
- Op. income: The operating line of the income statement; EBIT only as a marked fallback, never pre-tax or ordinary income.
- Net income: Net income attributable to the shareholders of the parent, after discontinued operations; not the result including minority interests, not comprehensive income.
- EPS: Diluted earnings per share attributable to the shareholders of the parent; a printed figure always beats a calculated one, calculated values are marked.
- FCF: Free cash flow = operating cash flow minus capital expenditure on property, plant and equipment; the company's own free cash flow figure is shown separately.
- OCF: Cash flow from operating activities as reported; IFRS companies may show interest paid in financing cash flow, so the figure is not always comparable.
- Cash: Cash and cash equivalents, without securities unless the company reports them as part of the position.
- Net Debt: Net debt = financial debt excluding lease liabilities minus cash at the same reporting date; the company's own net position may differ.
- *: derived, the formula is in the hover
- ≈: calculated, approximation
- ~: uncertain; the value stays visible, verdicts do not use it
- °: repaired by a targeted query against the document, or curated with documentary evidence
- EBIT: EBIT as a fallback: the income statement carries no operating line
- basic: basic earnings per share as a fallback when diluted is missing
Sources: quarterly reports, annual reports and investor relations documents
All original documents NadirAlpha used for this report on PVA TePla stock: quarterly and annual reports, earnings releases and investor relations documents, sorted by publication, the document type is the link. NadirAlpha methodology
| # | Document type | Published |
|---|---|---|
| #1 | IR-Report report | – |
| #2 / #102 | IR-Annual annual report | – |
| #3 / #103 | IR-Annual annual report | – |
| #6 / #106 | IR-Quarter quarterly report | 2026-05-06 |
| #7 | IR-Quarter quarterly report | 2026-05-06 |
| #4 | IR-Half half-year report | 2026-08-06 |
| #5 / #105 | IR-Half half-year report | 2026-08-06 |
PVA TePla Stock FAQ
Is there a management forecast (guidance) for FY2026?
Yes. Management has issued targets for FY2026, including Revenue. The guidance tracking chapter shows all targets and checks them against the actuals reported later; neutral, with no estimate of our own.
Where can I find the official investor relations documents of PVA TePla?
NadirAlpha links all 7 original filings used (IR documents) in the sources chapter: annual report, half-year report, quarterly report, each with type, publication date and a direct link; every figure in the report carries a source number.