Friedrich Vorwerk Group SE/€VH2
1D1W1MYTD1Y5YMAX
Capital at risk
About Friedrich Vorwerk Group SE
Friedrich Vorwerk Group SE, headquartered in Tostedt, Germany, specializes in energy infrastructure solutions for natural gas, electricity, and hydrogen applications. Founded in 1962, the company offers services including the construction of high-pressure pipelines, compressor stations, and gas pressure control systems. With approximately 1,900 employees across 13 locations in Germany and Europe, Friedrich Vorwerk serves major electricity and natural gas transmission system operators, as well as municipal utilities and industrial companies. The company's strategic focus on integrating advanced technologies with extensive industry experience positions it to address complex energy infrastructure projects.
- Ticker
- €VH2
- Sector
- Energy
- Primary listing
- XETRA
- Employees
- 2,402
- Headquarters
- Tostedt, Germany
- Website
- www.friedrich-vorwerk.de
VH2 Metrics
BasicAdvanced
€1.3B
11.96
€5.41
-
€1.10
1.08%
Price and volume
Market cap
€1.3B
52-week high
€109.00
52-week low
€55.10
Average daily volume
37K
Dividend rate
€1.10
Financial strength
Current ratio
1.961
Quick ratio
1.845
Long term debt to equity
0.068
Total debt to equity
0.082
Dividend payout ratio (TTM)
20.33%
Interest coverage (TTM)
93.45%
Profitability
EBITDA (TTM)
163.962
Gross margin (TTM)
56.08%
Net profit margin (TTM)
14.62%
Operating margin (TTM)
18.43%
Effective tax rate (TTM)
30.34%
Revenue per employee (TTM)
€310,000
Management effectiveness
Return on assets (TTM)
16.38%
Return on equity (TTM)
44.40%
Valuation
Price to earnings (TTM)
11.964
Price to revenue (TTM)
1.749
Price to book
4.12
Price to tangible book (TTM)
4.19
Price to free cash flow (TTM)
8.258
Free cash flow yield (TTM)
12.11%
Free cash flow per share (TTM)
7.838
Dividend yield (TTM)
1.70%
Forward dividend yield
1.08%
Growth
Revenue change (TTM)
21.76%
Earnings per share change (TTM)
98.52%
3-year revenue growth (CAGR)
23.57%
3-year earnings per share growth (CAGR)
113.46%
3-year dividend per share growth (CAGR)
80.01%
Bulls say / Bears say
First-half 2026 revenue rose 11% to €337.3 million and EBITDA increased about 70% to roughly €92.5–93 million, prompting management to raise full-year EBITDA guidance to €180–200 million. (Reuters via Stockopedia)
The company had approximately €1.0 billion of order backlog and €212 million of net cash at June 30, 2026, providing meaningful revenue visibility and balance-sheet flexibility for project execution or selective expansion. (Reuters via Stockopedia)
The August acquisition of meterQ broadens Friedrich Vorwerk’s measurement and analysis capabilities across natural gas, hydrogen and biogas infrastructure, potentially adding technology content and cross-selling opportunities to its existing engineering and service offering. (Friedrich Vorwerk)
Order intake and backlog softened in 2025: order intake fell to €538.1 million from €685.2 million, while backlog declined to €1.021 billion from €1.188 billion, increasing the risk that future growth depends on winning and converting new projects. (Friedrich Vorwerk)
The 2026 revenue outlook was left unchanged even as EBITDA guidance increased to €180–200 million, suggesting the upgrade is primarily margin- or mix-driven rather than evidence of stronger top-line momentum. (Reuters via Stockopedia)
The meterQ acquisition remains subject to approval by the seller’s creditors and is expected to contribute only single-digit millions of euros in annual revenue, so its near-term financial impact may be limited while integration and execution risks remain. (FinancialFilings)
Data summarised monthly by Lightyear AI. Last updated on 8 Sept 2026.
Upcoming events
No upcoming events
Funds containing VH2
AllEURGBPUSD
Fund name | Fund size | €VH2 weighting |
|---|---|---|
Xtrackers MSCI Europe Small Cap€DX2J | €3.2B | 0.03% |
Xtrackers MSCI Europe Small Cap£XXSC | £2.8B | 0.03% |
SPDR MSCI All Country World IM€SPYI | €7.5B | 0.00% |
iShares MSCI World Small Cap$WSML | $9B | 0.00% |
iShares MSCI World Small Cap€IUSN | €7.8B | 0.00% |
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.