VAT Group AG/Fr. VACN
1D1W1MYTD1Y5YMAX
Capital at risk
About VAT Group AG
VAT Group AG operates in the industrial technology sector, specializing in the production of vacuum valves. These components are crucial for manufacturing processes in industries such as semiconductors, displays, and solar panels. Founded in 1965, VAT Group is headquartered in Haag, Switzerland. The company has established a strong presence in the global market, leveraging its expertise in vacuum technology. Unique competitive strengths include advanced engineering capabilities and a commitment to innovation, supporting its role in enhancing the operational efficiencies of its clients' processes. The company serves a diversified customer base across multiple international regions, ensuring a broad geographic footprint.
- Ticker
- Fr. VACN
- Sector
- Industrials
- Primary listing
- XSWX
- Employees
- 3,959
- Headquarters
- Solothurn, Switzerland
- Website
- www.vatgroup.com
VAT Group AG Metrics
BasicAdvanced
CHF 21B
100.90
CHF 6.91
1.57
CHF 7.00
1.00%
Price and volume
Market cap
CHF 21B
Beta
1.57
52-week high
CHF 727.20
52-week low
CHF 305.10
Average daily volume
67K
Dividend rate
CHF 7.00
Financial strength
Current ratio
2.378
Quick ratio
1.209
Long term debt to equity
0.574
Total debt to equity
0.579
Dividend payout ratio (TTM)
101.11%
Profitability
EBITDA (TTM)
270.026
Gross margin (TTM)
61.39%
Net profit margin (TTM)
20.20%
Operating margin (TTM)
21.81%
Effective tax rate (TTM)
15.98%
Revenue per employee (TTM)
CHF 260,000
Management effectiveness
Return on assets (TTM)
10.27%
Return on equity (TTM)
30.09%
Valuation
Price to earnings (TTM)
100.9
Price to revenue (TTM)
20.32
Price to book
30.57
Price to tangible book (TTM)
83.22
Price to free cash flow (TTM)
93.18
Free cash flow yield (TTM)
1.07%
Free cash flow per share (TTM)
7.482
Dividend yield (TTM)
1.00%
Forward dividend yield
1.00%
Growth
Revenue change (TTM)
-2.20%
Earnings per share change (TTM)
-7.16%
3-year revenue growth (CAGR)
-0.73%
10-year revenue growth (CAGR)
8.76%
3-year earnings per share growth (CAGR)
-5.21%
10-year earnings per share growth (CAGR)
18.74%
3-year dividend per share growth (CAGR)
3.85%
Bulls say / Bears say
Demand momentum is exceptionally strong: Q2 2026 order intake reached a record CHF 500 million, up 102% year over year, while the order backlog rose 121% to CHF 648 million. (Financial Times)
VAT is positioned to benefit from AI-related leading-edge semiconductor investment: management expects factory output to exceed a CHF 450 million quarterly run rate by year-end and anticipates operating leverage as ramp costs are absorbed in H2 2026. (Financial Times)
The Atonarp acquisition broadens VAT beyond core valves into real-time molecular sensing and process control for sub-2nm manufacturing, potentially increasing its share of customer tools and creating a new adjacency growth engine. (VAT Group)
Revenue conversion is lagging bookings: H1 2026 sales fell 8% year over year, while free cash flow declined 18% to CHF 42 million as VAT absorbs capacity-ramp costs. (Financial Times)
Execution and margin risk remain elevated: H1 EBITDA margin slipped to 29.0% from 29.6%, and VAT said supply-chain disruptions and unfavorable foreign-exchange effects remain potential swings on results. (VAT Group)
Data summarised monthly by Lightyear AI. Last updated on 14 Sept 2026.
Upcoming events
No upcoming events
Funds containing VAT Group AG
AllEURGBPUSD
Fund name | Fund size | Fr. VACN weighting |
|---|---|---|
iShares STOXX Europe 600 Industrial Goods & Services€EXH4 | €582M | 0.98% |
iShares MSCI Europe Industrials Sector€ESIN | €1.3B | 0.88% |
iShares MSCI Europe Industrials Sector£ESIN | £1.1B | 0.88% |
iShares MSCI Europe SRI€IESE | €3.1B | 0.67% |
iShares MSCI Europe SRI£IESG | £2.6B | 0.67% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.