| Valuation method | Value, € | Upside, % |
|---|---|---|
| Artificial intelligence (AI) | 125.37 | -24 |
| Intrinsic value (DCF) | 59.10 | -64 |
| Graham-Dodd Method | 23.79 | -85 |
| Graham Formula | 4.02 | -98 |
Pfeiffer Vacuum Technology AG (PFV.DE) is a leading German manufacturer of vacuum technology solutions, specializing in components and systems for vacuum generation, measurement, and analysis. Founded in 1890 and headquartered in Asslar, Germany, the company serves high-tech industries such as semiconductors, analytics, industrial processes, and R&D. Pfeiffer Vacuum offers a comprehensive portfolio, including turbo pumps, vacuum chambers, leak detectors, and gas analyzers, supported by a global distribution network. With a strong presence in Europe, the U.S., and Asia, the company plays a critical role in enabling advanced manufacturing and scientific research. Its expertise in precision vacuum technology positions it as a key player in industries requiring ultra-clean and high-performance vacuum environments.
Pfeiffer Vacuum Technology AG presents a stable investment opportunity with its niche leadership in vacuum technology, serving high-growth sectors like semiconductors and industrial analytics. The company's solid financials, including €884.6M in revenue and €37.7M net income (FY 2024), reflect steady demand. However, its modest market cap (~€1.56B) and beta (0.556) suggest lower volatility but limited upside compared to high-growth tech peers. Risks include exposure to cyclical semiconductor demand and capital-intensive R&D. The dividend yield (~4.7% based on €7.32/share) adds appeal for income-focused investors, though capex (-€71M) may pressure short-term liquidity.
Pfeiffer Vacuum Technology AG holds a competitive edge through its diversified product portfolio and long-standing expertise in vacuum solutions, particularly in turbo pumps and leak detection. Its hybrid bearing turbo pumps and helium leak detectors are industry benchmarks, favored for reliability in semiconductor fabrication and analytical applications. The company’s direct sales network enhances customer proximity, though it faces pricing pressure from Asian manufacturers. While Pfeiffer excels in high-end vacuum systems, competitors like Edwards Vacuum (owned by Atlas Copco) dominate in scale and integration with broader industrial ecosystems. Pfeiffer’s R&D focus on energy-efficient pumps aligns with sustainability trends, but its smaller size limits its ability to match the global service reach of larger rivals. Its niche positioning in precision vacuum technology mitigates direct competition with low-cost producers but requires continuous innovation to maintain margins.