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PVA TePla Stock TPE.DE

PVA TePla AG · IR documents · Reporting currency EUR · Quarterly reporting · Figures as of Q2 2026 · updated 2026-10-19 · checked 2026-10-22 · ISIN DE0007461006 · WKN 746100

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.

Revenue accelerating Guidance cut

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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.

PVA TePla reported H1 2026 revenue of EUR 120.5 Mio, slightly above the prior-year level of EUR 119.6 Mio, while order intake rose around 80% to EUR 186.7 Mio driven by strong demand particularly from AI-related applications in both segments 4 5. The second quarter contributed revenue of 65.7 Mio and net income of -0.7 Mio, as profitability across the half year was weighed down by elevated investments in personnel, research and development, and sales and service structures 4 5. For the full year 2026, management expects EBITDA in the lower half of the guidance range of EUR 26 to 31 Mio 4.
Management commentary on the 2026-Q1 results (IR-Quarter, 2026-05-06):

“Our technologies address core requirements in structural growth markets, for example in the area of AI applications and AI data centers.”

Jalin Ketter, CEO 7
(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.”

Jalin Ketter, CEO 7
(translation, original on hover)
Revenue · 2026-Q266€ million+8.1 % vs. 2025-Q2
Net profit · 2026-Q2-1€ million−125.9 % vs. 2025-Q2
EPS · 2026-Q2-0.03€−123.1 % vs. 2025-Q2
Revenue trend
Guidance
For FY2026, PVA TePla guides Revenue 255 to 275 € million (confirmed); EBITDA 26 to 31 € million (confirmed); EBIT roughly on par with that of the 2025 fiscal year (confirmed). 6
Profitability
H1 2026 EBITDA fell to EUR 4.4 Mio from EUR 14.9 Mio in the prior-year period, with gross margin declining to 29.3% from 33.3% primarily due to lower capacity utilization and product mix changes within Material Solutions 4 5. At the Q2 standalone level, operating income was -0.1 Mio and diluted EPS was -0.03 5. Free cash flow in Q2 was 0 Mio, as operating cash flow of 3.6 Mio was matched by capital expenditures of 3.6 Mio.
Leverage
Net debt at end of H1 2026 stood at 38.3 Mio, higher than 30.5 Mio at year-end 2025 4. Cash and cash equivalents declined to 6.3 Mio from 17.9 Mio at year-end 2025 4. Total assets rose to EUR 310.2 Mio from EUR 284.5 Mio, while the equity ratio fell to 45.4% from 50.2% at year-end 2025 4.
Management view
Metrology segment order intake rose 83% to EUR 97.7 Mio and Material Solutions order intake rose 77% to EUR 89.0 Mio in H1 2026, with both segments reporting strong demand from AI-related applications 4 5. Metrology segment revenue grew 20.0% to EUR 53.0 Mio in H1 2026, and management expects gradual improvement in overall profitability in the second half of the year, with significant contributions anticipated in the fourth quarter 4 5. The elevated order backlog positions the company for higher revenue conversion in subsequent periods as capacity utilization improves 5.
Change
Effective 2026, PVA TePla discontinued its prior Semiconductor Systems and Industrial Systems reporting structure, replacing these with product-based segments; Material Solutions H1 revenue declined 10.5% to EUR 67.6 Mio due to low capacity utilization and unfavorable product mix 4 5. Headcount increased to 1,043 from 928, with additions concentrated in service, sales, and research and development, contributing to elevated operating costs 4. The H1 net result was a loss of EUR 2.8 Mio compared with a profit of EUR 6.2 Mio in the prior-year period, with the company noting that results came in behind expectations 4 5.
Risks (current)
U.S. import tariffs, export restrictions, and geopolitical tensions pose risks to international supply chains and could affect customer investment decisions in PVA TePla's target markets 4 5. Higher energy prices and inflation are reducing corporate investment propensity and real incomes in Europe, which could weigh on demand for the company's equipment 5. Limited availability of qualified skilled workers may constrain expansion, and regulatory changes in target markets represent additional uncertainty for the business 4 5.
New this reporting period
PVA TePla is planning High-Bandwidth Memory (HBM) systems targeting AI-related semiconductor applications as a new product category within its portfolio 5. Indium phosphide crystal growth systems for optical data transmission are in development and represent a planned addition to the Material Solutions segment offering 5. Ultrasonic inspection systems for advanced semiconductor quality control are also planned as part of the company's product expansion 5.

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.

Revenue (€ million) · quarterly basis, as reported
Net income (€ million) · quarterly basis, as reported
EPS (€) · quarterly basis, as reported
Operating cash flow (€ million) · quarterly basis, as reported
Cash (€ million) · quarterly basis, as reported
Debt (€ million) · quarterly basis, as reported
Net Debt (€ million) · quarterly basis, as reported
Capex (€ million) · quarterly basis, as reported
FCF (€ million) · quarterly basis, as reported

Fiscal years

Amounts in € million · EPS in € per share · as reported
PVA TePla stock: key figures on annual basis, FY2024 to FY2025, in € million. Compiled by NadirAlpha from IR documents.
PeriodRevenueOp. incomeNet incomeEPS (€)OCFSource
FY2025244.3°15.1°EBIT7.6°0.3711.8103
FY2024270.1°39.6°EBIT27.1°1.2546.2103

Quarters

Amounts in € million · EPS in € per share · as reported
PVA TePla stock: key figures on quarterly basis, 2025-Q1 to 2026-Q2, in € million. Compiled by NadirAlpha from IR documents.
PeriodPublishedRevenueOp. incomeNet incomeEPS (€)FCFCashNet DebtSource
2026-Q2*2026-08-0665.7-0.1-0.7-0.03*≈06.338.3105
2026-Q1*2026-05-0654.9-1.3-2.1-0.10-57.137.2106
2025-Q4*2026-03-11244.3––––17.930.51
2025-Q2*2026-08-0660.84.22.70.13*≈-7.215.2–105
2025-Q1*2026-05-0658.85.93.50.17-3.218.4–106
* derived: values with formula provenance (hover); Q4 = FY − 9M · H2 = FY − H1 · EPS via implied shares · net debt = financial debt − cash · FCF = OCF − |capex|.
Columns not reported in this reporting cadence are hidden: Op. income (adj.), EBITDA (adj.), EPS adj. (not reported in any source for these periods).

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

Amounts in € million · as reported
PVA TePla stock: balance sheet and cash flow on annual basis, FY2023 to FY2025, in € million. Compiled by NadirAlpha from IR documents.
PeriodCashDebtNet DebtOCFCapexFCFSource
FY202517.948.430.511.825.5-13.7103
FY202431.424.6~-6.8~46.224.222103
FY2023–––––––

Quarters

Amounts in € million · as reported
PVA TePla stock: balance sheet and cash flow on quarterly basis, 2023-Q4 to 2026-Q2, in € million. Compiled by NadirAlpha from IR documents.
PeriodPublishedCashDebtNet DebtOCFCapexFCFSource
2026-Q22026-08-066.344.738.33.63.60105
2026-Q12026-05-067.144.437.2-1.73.3-5106
2025-Q4–17.948.430.5–––1
2025-Q22026-08-0615.2––-2.64.6-7.2105
2025-Q12026-05-0618.4––8.411.6-3.2106
2024-Q4–31.424.6-6.8–––102
2023-Q4––––––––
Debt = long-term + current · Net debt = debt − cash · FCF = OCF − capex.

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

PVA TePla: guidance and actuals per metric and period, 5 entries. Compiled by NadirAlpha from IR documents.
For periodGuided onMetricGuidedActualVerdictDirectionSource
FY20262026-03-11Revenue255–275–6
FY20262026-03-11EBITDA26–31–4
FY20262026-03-11EBITroughly on par with that of the 2025 fiscal year–2
FY20252026-03-11 °Revenue235–255244.32
FY20252026-03-11 °EBITDA25–3025.32

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.

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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

Overview: one dot per event · click jumps to the period
earningsrevenuemarginguidancestrategyfinancials2025-Q4FY20252026-Q12026-Q22026-H1
2026 · 7 events

Segment divergence 2026-08-06
Metrology revenue grew +19.9% to EUR 53.0 million in 2026-H1 (44% of group revenue) while group revenue changed +0.8%. 5

earnings 2026-08-06
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
Guidance cut 2026-08-06
FY 2026 EBITDA now expected in the lower half of the EUR 26-31 million guidance range 4
Revenue accelerating 2026-08-06
Revenue growth accelerated to +8.1% YoY (prior period -6.6%). 105

Operating income turned negative 2026-05-06
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
revenue 2026-05-06
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
Strategic pivot 2026-05-06
Segment structure reorganized from Semiconductor Systems and Industrial Systems to Material Solutions and Metrology effective 2026 to improve strategic transparency 6
2025 · 8 events

Operating income halved
Operating income more than halved YoY (39.6 to EUR 15.1 million, -62%). 103
Net income halved
Net income more than halved YoY (27.1 to EUR 7.6 million, -72%). 103

“For the 2026 fiscal year, we expect a gradual stabilization of business performance as well as moderate growth.”

Jalin Ketter, CEO 2
Net cash to net debt 2026-03-11
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 decelerating ◦ 2026-03-11
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
Margin compressing 2026-03-11
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
Acquisition 2026-03-11
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 cut 2026-03-11
Guidance lowered on October 24, 2025: full-year revenue revised to EUR 235-255 million and EBITDA to EUR 25-30 million 3
Guidance initiated 2026-03-11
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

PVA TePla's pivot toward semiconductor growth niches (Metrology, HBM and compound-semiconductor materials) set against a sharp earnings reversal
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 segment
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
Material Solutions segment
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
AI-memory and compound-semiconductor equipment (HBM, indium phosphide, silicon carbide)
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
Group profitability and cash generation
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
Acquisitions and portfolio reshaping
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

PVA TePla: revenue by segment, as of 2026-Q2, in EUR million. Compiled by NadirAlpha from IR documents.
SegmentSinceRevenueGrowthMarginSource
Period 2026-H1 (6M)
Material Solutions2025-H167.610.5%3%5
Metrology2025-H15320%10.9%5
Period FY2025 (12M)
Equipment/SystemsFY2025197––3
SystemsFY2025197––2
AsiaFY202599.6––2
Europe (excluding Germany)FY202571.2––2
After-Sales ServiceFY202538.4––3
North AmericaFY202537.4––2
GermanyFY202533.9––2
Contract ProcessingFY20256.9––3
Semiconductor SystemsFY2024159.1––3
Industrial SystemsFY202491.4––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

PVA TePla: product announcements from the filings, 19 entries. Compiled by NadirAlpha from IR documents.
Product/LineSinceStatusSource
2026
Ultrasound inspection systems for semiconductor quality control (2×)2026-066
Indium phosphide crystal growth systems for optical data transmission2026-065
High-Bandwidth Memory (HBM) systems (3×)2026-066
Silicon carbide synthesis process development2026-036
Indium phosphide production systems2026-037
Indium phosphide production systems2026-036
8-inch silicon carbide process planned20263
2025
Waste heat recovery system Jena commissioning20251
Technology Hub 8-inch silicon carbide crystal growth completion (2×)20252
Photovoltaic plant Schio (Italy) commissioning20251
New silicon carbide inspection system20253
New equipment technologies for anode materials batteries20251
Launch of silicon carbide optical metrology system20252
Launch of hyperspectral vision measurement technology20252
Crystal growth systems for solar industry prototype20251
Hyperspectral vision technology launch by PVA Vision20253
Aluminum nitride crystal growth project initiation20252
Aluminum nitride crystal growth project initiated20253
6-inch silicon carbide crystal growth successfully completed20253

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 · 5Partnerships/contracts · 3Divestitures/exits · 2
20242025

Acquisitions by PVA TePla

PVA TePla: Acquisitions, 5 entries. Compiled by NadirAlpha from IR documents.
Transaction / stakeDateTypeSource
2025
PVA Vision GmbH acquisition2025-06Completed1
Acquisition PVA Vision GmbH (formerly DIVE imaging systems) (4x)2025-04Completed3
desconpro engineering GmbH (3x)2025-01Completed3
2024
PVA Technology Hub GmbH founding2024-01Completed2
Technology Hub founding (2x)2024Completed3

Divestitures and exits by PVA TePla

PVA TePla: Divestitures / exits, 2 entries. Compiled by NadirAlpha from IR documents.
Transaction / stakeDateTypeSource
2025
Closure PVA SPA Software Entwicklungs GmbH Coburg (2x)2025-12Divested1
Business activities at Xi'an site2025Divested1

Partnerships and contracts of PVA TePla

PVA TePla: Partnerships & contracts, 3 entries. Compiled by NadirAlpha from IR documents.
Transaction / stakeDateTypeSource
2025
SENTECH Instruments metrology system development partnership2025Agreement2
Renewed and expanded imec collaboration agreement2025Agreement2
2024
New Leibniz Institute for Crystal Growth aluminum nitride partnership2024Agreement2

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

PVA TePla: risk factors as reported, 118 since the last annual report, 118 tracked. Compiled by NadirAlpha from IR documents.
RiskCategoryLast 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 ZinsaufwandFY2025
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 pricesFY2025
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 timelinesFY2025
2026-03-11 3
Regionale Unterschiede in Marktentwicklung führen zu zeitlichen Verschiebungen von Investitionen=
Anhaltender Wettbewerb um hochqualifizierte Mitarbeitende stellt relevanten Einflussfaktor darFY2025
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.=
= last mention identical with the first mention (same source)

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

Company-specific KPIs verbatim from the filings (English, as disclosed; not normalised). Balance-sheet and boilerplate items filtered.
PVA TePla: reported KPIs as disclosed, 130 entries. Compiled by NadirAlpha from IR documents.
KPIValue / changeSource
PVA TePla, published 2026-08-06, period 2026-H1
Net Profit Margin– 2.3%5
Net Financial Position– 38,3295
Metrology EBITDA Margin10.9%5
Material Solutions EBITDA Margin3.0%5
Gross Margin29.3%5
Equity Ratio45.4%5
EBITDA Margin3.6%5
EBIT Margin– 1.1%5
Book-to-Bill Ratio1.555
PVA TePla, published 2026-05-06, period 2026-Q1
R&D ratio (prior year)6.46
R&D ratio8.26
Profit margin (prior year)6.06
Profit margin– 3.86
Order intake (prior year)46,096 (EUR in EUR '000)6
Order intake121,649 (EUR in EUR '000)6
Operating result margin (prior year)10.16
Operating result margin (EBIT)– 2.46
Metrology order intake (prior year)21,300 (EUR in EUR '000)6
Metrology order intake62,700 (EUR in EUR '000)6
Metrology EBITDA margin (prior year)206
Metrology EBITDA margin106
Metrology EBITDA (prior year)3,400 (EUR in EUR '000)6
Metrology EBITDA2,200 (EUR in EUR '000)6
Material Solutions order intake (prior year)24,800 (EUR in EUR '000)6
Material Solutions order intake59,000 (EUR in EUR '000)6
Material Solutions EBITDA margin (prior year)166
Material Solutions EBITDA margin36
Material Solutions EBITDA (prior year)6,600 (EUR in EUR '000)6
Material Solutions EBITDA1,000 (EUR in EUR '000)6
Gross margin (prior year)33.16
Gross margin28.56
Equity ratio (prior year)50.26
Equity ratio46.56
EBITDA margin (prior year)13.96
EBITDA margin2.56
Distribution cost ratio (prior year)8.66
Distribution cost ratio10.56
Book-to-bill ratio (prior year)0.786
Book-to-bill ratio2.226
PVA TePla, published 2026-03-11, period FY2025
Order intake267.6 (EUR in EUR millions)2
Order backlog unfulfilled within130,122 (EUR in EUR '000)2
Order backlog unfulfilled over44,361 (EUR in EUR '000)2
Gross margin32.0%2
Equity ratio50.2%2
Energy consumption photovoltaic Schio107,0432
Contract revenue POC47,819 (EUR in EUR '000)2
Contract assets21,531 (EUR in EUR '000)2
Book-to-bill ratio1.102
Treasury shares6.1%2
Short-term debt95.7 million2
Shareholders' equity142,8362
Share price low12.312
Share price high30.582
Share price at year-end22.802
Share buyback volume1,327,3982
Share buyback cost18.92
Semiconductor Systems gross margin37.7%2
Semiconductor Systems external revenue156.6 million2
Semiconductor Systems EBITDA22.9 million2
Research and development costs17.1 million2
R&D ratio7.0%2
R&D investment17.1 (EUR EUR million)2
Market capitalization495.9 (EUR EUR million)2
Long-term debt45.9 million2
Industrial Systems gross margin24.7%2
Industrial Systems external revenue87.6 million2
Industrial Systems EBITDA9.9 million2
Holding costs7.5 million2
Gross margin31.9%2
Equity ratio50%2
EBITDA margin10.4%2
EBITDA margin10.4%2
EBIT margin6.2%2
Contract liabilities36.2 million2
Contract assets21,531 (EUR in EUR '000)2
CO2 emissions (Scope 1 + 2, market based)9102
Average daily trading volume78,7802
PVA TePla, published 2026-03-11, period 2025-Q4
Renewable energy share69%1
Female employees headcount1961
Administrative cost ratio9,9%1
Selling cost ratio9,4%1
Pay ratio highest-paid to median7,51
Taxonomy-eligible revenue repair1,01
Taxonomy-eligible revenue spare parts16,91
Taxonomy-eligible revenue17,81
Taxonomy-eligible OpEx1,41
Taxonomy-eligible CapEx4,71
Scope 2 emissions market-based3451
Scope 1 and 2 total market-based9101
Scope 1 emissions5651
Male employees headcount8191
Men in leadership positions871
Employees over 5027,3%1
Employees under 3023%1
Employees on permanent contracts9441
Employees on fixed-term contracts551
Employees aged 30 to 5049,7%1
Non-current assets prior year94.31
Non-current assets112.21
Current assets prior year205.11
Current assets172.31
Total leadership positions1071
Women in leadership positions (number)201
Women in leadership positions18,7%1
Turnover rate8,7%1
R&D ratio7,0%1
R&D ratio7,0%1
R&D investment17,11
Total energy consumption9.1511
Energy intensity0,000041
Equity ratio prior year501
Equity ratio501
EBITDA margin10,4%1
EBIT Margin6,2%1
Average Company Tenure7,2 Jahre1
Diverse Employees Headcount01
Semiconductor Systems Gross Margin Prior Year37.31
Semiconductor Systems Gross Margin37.71
Industrial Systems Gross Margin Prior Year22.61
Industrial Systems Gross Margin24.71
Gross Margin32,0%1
Book-to-Bill Ratio1,101
Total Assets Prior Year299.51
Total Assets284.51
Workplace Accidents per 1M Working Hours7,61
Share of Female Employees19,3%1
Capex Share New Construction0,621
Capex Share Photovoltaics0,291
Capex Share Vehicles0,981
Temporary Workers161

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

7 documents · 2026 to 2026 · IR
Sources for PVA TePla stock: 7 original documents, 2026 to 2026. Compiled by NadirAlpha.
#Document typePublished
#1IR-Report report–
#2 / #102IR-Annual annual report–
#3 / #103IR-Annual annual report–
#6 / #106IR-Quarter quarterly report2026-05-06
#7IR-Quarter quarterly report2026-05-06
#4IR-Half half-year report2026-08-06
#5 / #105IR-Half half-year report2026-08-06

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.

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