Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Plan Optik AG operates as a leading supplier of advanced glass wafers for various high-tech industries. Its primary function is to manufacture products used in microelectronics, sensors, and optoelectronics, playing a crucial role in the miniaturization and assembly of semiconductor devices. The company's offerings include customized wafers made from different kinds of glass and quartz substrates which are essential in furthering developments in MEMS (Micro-Electro-Mechanical Systems) technologies. Plan Optik AG serves a diverse clientele, ranging from automotive and consumer electronics to telecommunications and medical technology sectors, emphasizing the broad applicability and necessity of its components. With its strong focus on precision and quality, the company is instrumental in supporting advancements in technology that demand high-performance materials. Based in Germany, Plan Optik AG is recognized for its innovation and steadfast contribution to enhancing the efficiency and capabilities of modern electronic devices, thus occupying a significant niche in the international supply chain for semiconductor and tech industries.
Operating margin is thin at 8.65%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue declined 10.5% YoY. Margins deteriorated 9.2pp alongside, both lines moving the wrong way.
Free cash flow declined 41% versus the prior year, cash generation momentum has weakened. ROIC dropped from 12.31% to 4.46%, capital efficiency is deteriorating.
Profitability & Returns
Revenue (TTM)
€12M
▼ -10.5% YoY
Net Income (TTM)
€700K
▼ -58.0% YoY
Op. Margin
8.65%
▼ -9.2pp YoY
ROIC
4.46%
▼ -7.8pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€1M
▼ -41.4% YoY
Op. Cash Flow (TTM)
€2M
▼ -15.5% YoY
Net Debt
-€3M
Net Cash Position
Cash & Equiv.
€5M
3Y CAGR: +7.8%
3Y CAGR: +932.0%
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