| Valuation method | Value, € | Upside, % |
|---|---|---|
| Artificial intelligence (AI) | n/a | n/a |
| Intrinsic value (DCF) | n/a | |
| Graham-Dodd Method | 4.04 | -77 |
| Graham Formula | n/a |
Onoff AG is a Germany-based independent systems integrator and service provider specializing in process automation, digitalization, and artificial intelligence solutions. Operating as a subsidiary of Spiratec AG, the company delivers integrated automation solutions, including control panel construction, process automation, and IT infrastructure services. Onoff AG serves diverse industries such as pharmaceuticals, chemicals, food and beverages, oil and gas, water and wastewater, energy, and mechanical engineering. With a focus on intelligent IT solutions, the company networks people, systems, and locations to enhance operational efficiency. Founded in 2019 and headquartered in Wunstorf, Germany, Onoff AG is positioned at the intersection of industrial automation and digital transformation, catering to the growing demand for smart manufacturing and Industry 4.0 solutions.
Onoff AG operates in the high-growth sectors of industrial automation and digitalization, which are key drivers of Industry 4.0. However, the company reported a net loss of €425,305 in FY 2022, with negative diluted EPS of €0.21, indicating financial challenges. While revenue stood at €1.32 million, the company's high total debt of €2.4 million raises concerns about liquidity. Positive operating cash flow of €1.66 million suggests some operational efficiency, but capital expenditures of €386,600 indicate ongoing investment needs. Given its niche focus and subsidiary status, Onoff AG may appeal to investors seeking exposure to industrial automation, but its financial instability and competitive landscape pose significant risks.
Onoff AG competes in the industrial automation and IT services sector, offering specialized solutions for process automation and digitalization. Its competitive advantage lies in its integrated service offerings, combining hardware (control panels) with software (MES and AI-driven solutions). However, the company faces stiff competition from larger, more established players with broader geographic reach and stronger financials. Onoff's niche focus on the German market limits its scalability compared to multinational competitors. Its recent incorporation (2019) means it lacks the long-term client relationships and brand recognition of incumbents. The company's ability to differentiate through AI and digitalization could be a growth driver, but execution risks remain high given its current financial losses and debt burden. Its subsidiary status under Spiratec AG may provide some stability but could also limit independent strategic flexibility.