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VAT Group AGXSWX:VACN +2.89%89 Owner Earnings per Share (TTM) is 9.33 as of Dec. 2025. GuruFocus rates XSWX:VACN with a GF Score™ of 89/100 and a GF Value™ of CHF458.84 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,373 Industrial Products companies, VAT Group AG ranks worse than 74% on this metric.
"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."
VAT Group AG does not have enough data to calculate Owner Earnings per Share (TTM), so as Price-to-Owner-Earnings ratio.
The historical rank and industry rank for VAT Group AG's Owner Earnings per Share (TTM) or its related term are showing as below:
XSWX:VACN'
s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 22.12 Med: 42.61 Max: 96.63
Current: 65.88
During the past 13 years, the highestPrice-to-Owner-Earnings ratio of VAT Group AG was 96.63. The lowest was 22.12. And the median was 42.61.
XSWX:VACN's Price-to-Owner-Earnings is ranked worse than 74% of 1373
companies
in the Industrial Products industry
Industry Median: 27.78
vs XSWX:VACN: 65.88
Assumption: Companies usually do not report maintenance capital expenditures and growth capital expenditures separately. Here we use estimated numbers and average them over 5 years. The method to estimate maintenance capital expenditures can be found in above part 4.
Note: GuruFocus' Change In Working Capital is provided by FactSet. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And it includes non-current parts of assets and liabilities.
VAT Group AG Owner Earnings per Share (TTM) Related Terms
VAT Group AG Owner Earnings per Share (TTM) Historical Data
* Premium members only.
The historical data trend for VAT Group AG's Owner Earnings per Share (TTM) can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
XSWX:VACN vs GEV, ETN, PH: Owner Earnings per Share (TTM) Comparison
For the Specialty Industrial Machinery subindustry, VAT Group AG's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
VAT Group AG Price-to-Owner-Earnings vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, VAT Group AG's Price-to-Owner-Earnings distribution charts can be found below:
* The bar in red indicates where VAT Group AG's Price-to-Owner-Earnings falls into.
"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."
What does a Owner Earnings per Share (TTM) of 9.33 mean?
VAT Group AG (XSWX:VACN) has a Owner Earnings per Share (TTM) of 9.33 as of Dec. 2025. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on VAT Group AG. According to the industry distribution chart, VAT Group AG ranks #1016 out of 1373 companies in the Industrial Products industry, placing it in the top 74%.
Is VAT Group AG's Owner Earnings per Share (TTM) too high?
VAT Group AG's current Owner Earnings per Share (TTM) is 9.33. The Industrial Products industry median Owner Earnings per Share (TTM) is 27.78. VAT Group AG's value of 9.33 is 66.4% below this industry median. Based on the distribution chart, VAT Group AG ranks #1016 out of 1373 companies in the Industrial Products industry, which is below the industry midpoint. Overall, VAT Group AG has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does VAT Group AG's Owner Earnings per Share (TTM) compare to GEV and ETN?
According to the Industrial Products industry distribution chart, VAT Group AG ranks #1016 out of 1373 companies for Owner Earnings per Share (TTM). This places VAT Group AG in the lower half of its industry. The industry median Owner Earnings per Share (TTM) is 27.78. VAT Group AG's value of 9.33 is 66.4% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Owner Earnings per Share (TTM) for an Industrial Products company?
The median Owner Earnings per Share (TTM) among Industrial Products companies is 27.78, based on 1,373 companies in the industry. Companies in the top quartile (top 25%) have a Owner Earnings per Share (TTM) significantly above this median, while those in the bottom quartile fall well below. However, Owner Earnings per Share (TTM) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. VAT Group AG's current Owner Earnings per Share (TTM) of 9.33 is 66.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Owner Earnings per Share (TTM) mean?
A high Owner Earnings per Share (TTM) can signal that a stock is expensive relative to its fundamentals. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on VAT Group AG. For the Industrial Products industry, the median Owner Earnings per Share (TTM) is 27.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VAT Group AG's current Owner Earnings per Share (TTM) is 9.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VAT Group AG stock overvalued right now?
Based on GuruFocus' analysis, VAT Group AG (XSWX:VACN) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF458.84, compared to a current price of CHF612.20 — trading 33.4% above its estimated fair value. The current Owner Earnings per Share (TTM) is 9.33 and 66.4% below the Industrial Products industry median of 27.78. VAT Group AG's overall GF Score™ is 89/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Owner Earnings per Share (TTM) calculated?
Owner Earnings per Share (TTM) is calculated from a company's financial statements. For VAT Group AG (XSWX:VACN), the current Owner Earnings per Share (TTM) is 9.33 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is VAT Group AG (XSWX:VACN) Overvalued in 2026?
Based on GuruFocus' analysis, VAT Group AG stock appears to be overvalued.
The current stock price of CHF612.20 is trading 33.4% above its estimated GF Value™ of CHF458.84.
GuruFocus considers VAT Group AG to be Significantly Overvalued.
Key valuation signals for XSWX:VACN:
Owner Earnings per Share (TTM): 9.33
GF Value™: CHF458.84 vs. price of CHF612.20 (33.4% above fair value)
Industry Position: 66.4% below the Industrial Products median (#1016 of 1373)
No single metric tells the full story. See the XSWX:VACN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
VAT Group AG is a developer and manufacturer of vacuum valves and related solutions used in vacuum environments required for the manufacturing of semiconductors, photovoltaic solar cells, digital displays, and other industrial and research applications. Its products are mission-critical components that enable high-precision processes in near-perfect vacuum environments. It operates through two segments: valves, which earn maximum revenue and focus on the design and manufacture of vacuum valves and related components, and service, which provides spare parts, repairs, upgrades, and support services for installed products. The company maintains a production footprint across multiple locations and serves customers internationally, earning a majority of its revenue from China.
89GF Score
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