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.
Singulus Technologies AG is a German high-tech engineering company specializing in the development and assembly of innovative machines and systems for efficient thin-film coating and surface treatment processes. These technologies are deployed worldwide across key industries including photovoltaics, semiconductors, medical technology, packaging, glass and automotive, as well as battery and hydrogen sectors. The company's core competencies encompass advanced coating methods such as PVD sputtering, PECVD, and evaporation, alongside surface treatment, wet-chemical, and thermal production processes. Singulus Technologies AG emphasizes sustainability through environmental awareness, resource efficiency, and reduced CO2 emissions, positioning its products as forward-thinking solutions. Operating primarily through segments like Solar, Life Science, and Semiconductor, it generates significant revenue from solar cell production lines and related systems, with major sales in Asia, Europe, and the Americas. Headquartered in Kahl am Main, Germany, the firm plays a vital role in enabling high-precision manufacturing for renewable energy and advanced technology applications.
The business is unprofitable at the operating level (-25.52% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 36.4% YoY. Margins deteriorated 24.3pp alongside, both lines moving the wrong way.
Free cash flow declined 143% versus the prior year, cash generation momentum has weakened. ROIC dropped from -1.80% to -27.07%, capital efficiency is deteriorating.
Profitability & Returns
Revenue (TTM)
€48M
▼ -36.4% YoY
Net Income (TTM)
-€14M
▼ -163.0% YoY
Op. Margin
-25.52%
▼ -24.3pp YoY
ROIC
-27.07%
▼ -25.3pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-€4M
▼ -143.1% YoY
Op. Cash Flow (TTM)
-€3M
▼ -130.8% YoY
Net Debt
€31M
Cash & Equiv.
€6M
3Y CAGR: -18.1%
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