olivLaw · European equity research
ASTA Energy Solutions AG 1AST.VI
Austria · Wiener Börse · ISIN AT100ASTA001 · Vertical: Listed companies from Austria
ASTA Energy Solutions AG, headquartered in Oed, Austria, is a globally active, vertically integrated maker of high-precision insulated copper conductors for transformers, generators and e-mobility applications. It reported revenue of 695.808 thousand EUR in fiscal 2025, and its in-house production and copper recycling position it well as electrification of energy grids gathers pace.
At the close of 04 Nov 2026, ASTA Energy Solutions AG (1AST.VI) stock was 51.60 EUR (+3.20% on the day), with market capitalisation 515.6 m EUR, P/E 17.1 on diluted EPS of 3.01 EUR over the last 12 months, beta 1.15, 52-week range 37.85–78.00 EUR.
Data as of · AI analysis dated · Source: ESEF annual reports and closing prices, computed by olivLaw.
Price history
Loading chart…
Technical reading
- RSI (14)
- 44.3
- weak (30–45)
- Bollinger (20, 2)
- 45.95 – 61.21
- in the lower half of the band · %B 0.37 · band width 28.5%
- SMA 50 / 200
- 58.22 / unavailable
- MACD (12, 26, 9)
- -2.51 / -2.43
- MACD below signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | EURO STOXX 50 | vs EURO STOXX 50 | Vertical median | |
|---|---|---|---|---|
| 1 month | −10.7% | −1.5% | −9.2 pp | — |
| 3 months | −13.4% | −5.3% | −8.1 pp | — |
| 6 months | −16.0% | +4.7% | −20.6 pp | — |
| Year to date | unavailable | +6.0% | unavailable | — |
| 1 year | unavailable | +8.2% | unavailable | +4.5% |
| 3 years | unavailable | +47.2% | unavailable | +7.7% |
| 5 years | unavailable | +41.8% | unavailable | — |
Price returns, dividends excluded.
Quarterly results
ESEF annual reports carry no quarters: the results are annual (below).
E/P over time
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Fiscal years
| Fiscal year | 2024 | 2025 |
|---|---|---|
| Revenue | 642.6 m | 695.8 m |
| Revenue YoY | unavailable | +8.3% |
| Net income | 4.8 m | 30.1 m |
| Net income YoY | unavailable | +525.6% |
| Diluted EPS | 0.48 | 3.01 |
| Diluted EPS YoY | unavailable | +527.1% |
| net % | 0.7% | 4.3% |
| Free cash flow | unavailable | unavailable |
Balance sheet & financial health
Fiscal year 2025 · 31 Dec 2025
- Cash
- 47.3 m EUR
- Financial debt
- unavailable EUR
- Net debt
- unavailable EUR
- Equity
- 83.7 m EUR
- Total assets
- 336.1 m EUR
- Debt / equity
- unavailable
- Current ratio
- 1.42x
- ROE
- 42.3%
- ROA
- 9.7%
- FCF margin
- unavailable
Financial statements (source on every figure)
Revenue and net income (EUR)
Margins
Income statement · EUR
| Line | 2024 | 2025 | Source (latest year) |
|---|---|---|---|
| Revenue | 642.6 m | 695.8 m | esef· 29 Apr 2026verified |
| Operating income | 25.7 m | 40.9 m | esef· 29 Apr 2026verified |
| Depreciation & amortisation | 9.8 m | 7.0 m | esef· 29 Apr 2026verified |
| EBITDA | 35.5 m ≈ | 47.8 m ≈ | esef· 29 Apr 2026derived |
| Interest expense | 16.6 m | 17.8 m | esef· 29 Apr 2026verified |
| Pre-tax income | 4.7 m | 29.7 m | esef· 29 Apr 2026verified |
| Income tax | -97.0 k | -393.0 k | esef· 29 Apr 2026verified |
| Net income | 4.8 m | 30.1 m | esef· 29 Apr 2026verified |
| Diluted EPS | 0.48 | 3.01 | esef· 29 Apr 2026verified |
≈ computed by olivLaw from the reported lines of the same year: Operating income + Depreciation & amortisation.
Balance sheet · EUR
| Line | 2024 | 2025 | Source (latest year) |
|---|---|---|---|
| Cash | 30.6 m | 47.3 m | esef· 29 Apr 2026verified |
| Receivables | 55.2 m | 44.8 m | esef· 29 Apr 2026verified |
| Inventories | 75.1 m | 75.0 m | esef· 29 Apr 2026verified |
| Current assets | 189.5 m | 200.7 m | esef· 29 Apr 2026verified |
| Property, plant & equipment, net | 83.6 m | 110.5 m | esef· 29 Apr 2026verified |
| Total assets | 287.0 m | 336.1 m | esef· 29 Apr 2026verified |
| Current liabilities | 149.2 m | 141.1 m | esef· 29 Apr 2026verified |
| Total liabilities | 228.4 m | 252.4 m | esef· 29 Apr 2026verified |
| Equity | 58.6 m | 83.7 m | esef· 29 Apr 2026verified |
| Shares outstanding at year end | 10.0 m | 10.0 m | esef· 29 Apr 2026derived |
Cash flow · EUR
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Efficiency
Market and valuation
1 indicators that do not apply to the sector.
Valuation
olivLaw classification
- indicators available: 4 of at least 6
- score weight coverage: 27.1% of at least 60%
A scoring methodology on indicators and valuation, not investment advice.
Closing price
04 Nov 2026Source: olivLaw, closing series
Market cap: 515.6 m EUR
Key indicators
Coverage and freshness
Score by group
27% · Insufficient data
Estimated value range
The combined range = the median of the valid methods' low, central and high values; it is not a probability interval and does not cover every result. Envelope of all methods: 33.95 – 66.05 EUR.
Valuation assumptions are editorial choices, not measured; beta is not measured.
Method ranges (EUR per share)
— — Mid · ▏ Price
Valuation methods
- DCF (discounted cash flow)unavailable · input data missing
- Peers: EV/EBITDAunavailable · net debt missing: EV cannot be bridged to equity (missing debt is not zero)
- Peers: P/E33.95 – 66.05 (Mid 49.24)24 companies used · median multiple 16.4x · quartiles 11.3x – 21.9xACAG.VI, AMAG.VI, ANDR.VI, BMAG.VI, CPI.VI, DOC.VI, ETS.VI, EVN.VI, FAA.VI, FACC.VI, FQT.VI, MMK.VI, OMV.VI, POS.VI, POST.VI, PYT.VI, ROS.VI, SBO.VI, STR.VI, SWUT.VI, TKA.VI, VER.VI, VOE.VI, WIE.VI
- Dividend discount (DDM)unavailable · the company pays no dividend: a dividend model needs an explicit initiation assumption
Assumptions (illustrative, editorial)
- Risk-free rate
- 3.0%
- Equity risk premium
- 5.5%
- Beta (default)
- 1.00
- Cost of equity
- 8.5%
- Terminal growth
- 2.0%
Factor scorecard
Insufficient data
Minimum-evidence gate: indicators available: 4 of at least 6; score weight coverage: 27.1% of at least 60%
| Factor | Value | Score | Weight used |
|---|---|---|---|
| ROIC · Quality | unavailable | unavailable | — |
| Net margin · Quality | 4.3% | 62 (vs peers) | 23% |
| FCF conversion · Quality | unavailable | unavailable | — |
| Revenue CAGR 3Y · Growth | unavailable | unavailable | — |
| EPS CAGR 3Y · Growth | unavailable | unavailable | — |
| Net debt / EBITDA · Balance sheet | unavailable | unavailable | — |
| Interest coverage · Balance sheet | 2.3x | 12 (on a fixed band) | 23% |
| Current ratio · Balance sheet | 1.4x | 52 (on a fixed band) | 15% |
| P/E (TTM) · Valuation | 17.1x | 46 (vs peers) | 38% |
| EV/EBITDA · Valuation | unavailable | unavailable | — |
| FCF yield · Valuation | unavailable | unavailable | — |
| Shareholder yield (distributions) · Returns | unavailable | unavailable | — |
| Payout ratio (FCF) · Returns | unavailable | unavailable | — |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet28/100 · 2/3 factors with a value
- Growth· partialunavailable · 0/2 factors with a value
- Quality· partial62/100 · 1/3 factors with a value
- Returns· partialunavailable · 0/2 factors with a value
- Valuation· partial46/100 · 1/3 factors with a value
A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.
Memo
ASTA Energy Solutions AG (1AST.VI). Latest full fiscal year: 2025; data up to 2025-12-31.
Figures computed from the financial statements: revenue 695.8 m EUR in 2025; YoY growth 8.3%; net margin 4.3%; ROE 42.3%.
The estimated value range is 33.95–66.05 EUR per share (median of 1 methods, agreement: single method); assumptions are illustrative. Against the central value of 49.24 EUR, the price of 51.60 EUR leaves a potential of -4.6% (value / price − 1) and a margin of safety of -4.8% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.
Insufficient data for a verdict (indicators available: 4 of at least 6; score weight coverage: 27.1% of at least 60%).
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
No signal among the computed factors. That is not an absence of risk: factors without data were not assessed, and business risks (margins, inventory, demand) are in the source-based analysis.
What contradicts it
- Interest coverage: 2.3x
Not assessed (insufficient data or a ratio without meaning): ROIC, FCF conversion, Revenue CAGR 3Y, EPS CAGR 3Y, Net debt / EBITDA, EV/EBITDA, FCF yield, Shareholder yield (distributions), Payout ratio (FCF).
Versus the vertical median
Listed companies from Austria · same country · compared with 39 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| OMV.VIOmv Aktiengesellschaft | 35.4 bn | 23.3 | 8.9% | 6.3% | −7.2% | +52% / +85% |
| VER.VIVerbund AG | 24.1 bn | 16.2 | 14.7% | 18.6% | −2.8% | +9% / −21% |
| STR.VIStrabag Se | 11.9 bn | 12.9 | 17.2% | 4.9% | +7.4% | +33% / +171% |
| ANDR.VIAndritz AG | 8.0 bn | 17.6 | 19.3% | 5.8% | −5.2% | +32% / +65% |
| VOE.VIvoestalpine AG | 7.2 bn | 17.1 | 5.7% | 2.8% | −4.3% | +13% / +62% |
| EVN.VIEvn AG | 5.4 bn | 12.4 | 6.9% | 14.6% | +3.8% | +14% / +12% |
| ATS.VIAT & S Austria Technologie & Systemtechnik Aktiengesellschaft | 3.0 bn | — | -2.4% | -1.4% | +12.7% | +301% / +428% |
| DOC.VIDO & CO Aktiengesellschaft | 2.4 bn | 22.2 | 24.0% | 4.3% | +7.1% | +12% / +70% |
| CPI.VICPI Europe AG | 2.2 bn | 4.2 | 12.2% | 68.2% | −6.7% | +0% / −17% |
| POST.VIÖsterreichische Post Aktiengesellschaft | 2.2 bn | 16.3 | 18.3% | 4.3% | −2.6% | +5% / +2% |
| WIE.VIWienerberger AG | 1.9 bn | 11.5 | 5.9% | 3.6% | +1.2% | −41% / −33% |
| LNZ.VILenzing Aktiengesellschaft | 1.7 bn | — | -11.8% | -5.2% | −2.3% | −51% / −67% |
| MMK.VIMayr-Melnhof Karton Aktiengesellschaft | 1.3 bn | 17.5 | 3.6% | 1.9% | −4.8% | −19% / −40% |
| POS.VIPorr AG | 1.2 bn | 10.8 | 12.9% | 1.8% | +1.7% | +6% / +168% |
| AMAG.VIAMAG Austria Metall AG | 1.1 bn | 33.6 | 4.7% | 2.3% | +2.1% | +35% / +20% |
| BMAG.VIPIERER Mobility AG | 1.1 bn | 1.8 | 638.9% | 58.9% | −46.3% | +86% / −47% |
| FQT.VIFrequentis AG | 830.6 m | 29.5 | 15.5% | 4.9% | +20.8% | −9% / +122% |
| ETS.VIEuroTeleSites AG | 730.3 m | 21.9 | 8.8% | 11.9% | +3.7% | −7% / +31% |
| AGR.VIAGRANA Beteiligungs-Aktiengesellschaft | 729.2 m | — | -3.6% | -1.2% | −7.9% | −2% / −14% |
| FACC.VIFacc AG | 607.0 m | 28.7 | 9.1% | 2.2% | +11.3% | +23% / +129% |
| ROS.VIRosenbauer International AG | 600.7 m | 12.1 | 17.4% | 3.5% | +9.4% | +37% / +107% |
| 1AST.VIASTA Energy Solutions AG | 515.6 m | 17.1 | 42.3% | 4.3% | +8.3% | unavailable / unavailable |
| SBO.VISbo AG | 451.1 m | 19.1 | 5.2% | 5.2% | −18.8% | +4% / −31% |
| SEM.VISemperit Aktiengesellschaft Holding | 380.1 m | 905.0 | 0.1% | 0.1% | −2.1% | +40% / +28% |
| ACAG.VIAustriacard Holdings AG | 348.9 m | 25.7 | 11.4% | 4.1% | −8.2% | +77% / +65% |
1- and 3-year price returns: for 1AST.VI from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.
Estimated price (EUR)
| Estimated price | Bear | Base | Bull |
|---|---|---|---|
| 1 years | 31.66 Total return -39% · Per year -39% | 55.87 Total return 8% · Per year 8% | 84.02 Total return 63% · Per year 63% |
| 3 years | 33.10 Total return -36% · Per year -14% | 65.49 Total return 27% · Per year 8% | 107.80 Total return 109% · Per year 28% |
| 5 years | 34.60 Total return -33% · Per year -8% | 76.78 Total return 49% · Per year 8% | 138.32 Total return 168% · Per year 22% |
- Exit P/E± 16.37
- Net margin± 11.46
- Annual revenue growth± 9.08
- Annual dilution± 0.96
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
In brief
ASTA Energy Solutions AG, headquartered in Oed, Austria, is a globally active, vertically integrated maker of high-precision insulated copper conductors for transformers, generators and e-mobility applications. It reported revenue of 695.808 thousand EUR in fiscal 2025, and its in-house production and copper recycling position it well as electrification of energy grids gathers pace.
SWOT
Strengths
- Full vertical integration, from copper recycling to insulation and twisting, giving control over quality and costs 1.
- Technical experience spanning more than two centuries and a portfolio of patents and protection rights 1.
- Local presence in several regions, which reduces exposure to tariffs and adds flexibility 1.
Weaknesses
Opportunities
- Growing demand for components for grids, transformers and electromobility could support growth 1.
- Expansion of internal recycling in Europe could reduce dependence on external raw material markets 1.
- A price premium for sustainable products, called 'Green Premium' by the company, could improve margins if customers accept it 1.
Risks
- Energy dependencehigh
Volatile energy prices and dependence on external suppliers could interrupt production and reduce efficiency 1.
- Copper pricemedium
Copper is the main input, and price swings could affect margins, although the company uses back-to-back contracts and hedging 1.
- Customer concentrationmedium
A significant share of revenue comes from a few large customers, which could have major effects on sales if one reduces orders 1.
- Cazin plant ramp-upmedium
The ramp-up of the new plant in Bosnia and Herzegovina carries technical, logistical and organisational challenges that could delay capacity 1.
- Tax risks in Brazillow
Ongoing tax proceedings and regulatory changes in Brazil could generate additional costs 1.
Investment thesis
What would need to be true (bull case)
- If demand for energy infrastructure and electromobility keeps growing, the vertically integrated model could let the company expand revenue and profitability 1.
- Internal copper recycling could lower costs and exposure to raw material markets, supporting margins over the long term 1.
- Technical experience and close ties with equipment makers could make the company a preferred partner for complex projects 1.
What would break the thesis
- A slowdown in energy investment or a recession could reduce demand and weigh on financial results 1.
- Dependence on a few large customers and specific suppliers could leave revenue exposed to the loss of one major contract 1.
- High investment costs and the Cazin plant ramp-up could affect cash flow if delays or budget overruns occur 1.
What to watch
- Revenue and EBITDA development against the medium-term growth target2026
- Progress of the Cazin plant ramp-up and European recycling investments2026
- Capital expenditure against the forecast range for 2025 to 20272027
- Trade working capital level against the company's targetnext 10-K
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
The business
ASTA is a globally active, vertically integrated manufacturer of high-precision, insulated copper components for energy infrastructure and suppliers of transformers, generators and drive systems 1. The company produces at six sites in Europe, South America and Asia and sells globally through its subsidiaries 1. Each product is largely customer-specific, and more than 40 own patents and protection rights underpin its technological position 1.
The production chain covers copper casting, drawing, flat rolling, insulation by varnishing, twisting and transposing of conductors, and internal recycling of copper scrap 1. The company says in-house manufacturing gives it control over quality, cost and flexibility, and up to 40 % of the copper it uses already comes from recycled material 1.
The current relevance lies in rising demand for high-voltage components driven by the energy transition, grid expansion and data centre growth 1. For the medium to long term, the company expects moderate revenue growth on these structural trends 1.
Segments
Market context
The company describes its market as risk-averse, where customers demand the highest standards of safety, quality and reliability 1. Demand depends on global investment in energy infrastructure, electrification and mobility, and a slowdown of the energy transition or a recession could reduce demand 1.
At the same time, the company points to consolidation in copper processing and growing vertical integration along the value chain, especially in recycled copper production 1. Because copper can be recycled without loss of quality, recycling is gaining importance relative to primary extraction 1.
Trends
- Electrification and grid modernisationtailwind
An accelerated shift towards cleaner, more decentralised and electrified energy could increase demand for high-quality conductors and connection solutions 1.
- Data centre expansiontailwind
Rising data volumes could lead to higher electricity consumption and additional demand for the company's products, according to management expectations 1.
- Copper price and availabilitymixed
Volatility in raw material and energy prices could affect costs, although most customer contracts include price adjustment clauses 1.
- New technologies and materialsheadwind
New materials or manufacturing processes could displace existing products, which would require continued investment in research and development 1.
Competitive position
The source provided does not explicitly name the company's competitors. The company presents itself as a leader in certain technological niches, such as ultra-thin multilayer insulation 1.
Stated advantages include vertical integration, internal copper recycling and close relationships with original equipment manufacturers, which could make a rapid supplier switch difficult 1.
- No competitors named in the source
The source does not name competitors, so no comparable suppliers can be identified with confidence.
News & filings
In the press
- Merz nu crede că Trump îşi va schimba modul de a guverna după alegeri: „De ce ar face asta acum?”Digi24 · 04 Nov 2026 · RO
- Tudor Chirilă, despre înfrângerea republicanilor: „Asta nu înseamnă că bufonul va abandona misiunea lui de Joker în Gotham City”HotNews.ro · 04 Nov 2026 · RO
- Ion Ceban, despre decesul femeii de la Soroca: „Chiar asta merită oamenii noștri?” - noi.mdSurge — Google News · 04 Nov 2026 · RO
- Google va permite școlilor să dezactiveze inteligența artificială, dar cele care fac asta vor pierde și accesul la SearchAntena 3 CNN · 04 Nov 2026 · RO
- Reclama eMag de Black Friday stârnește discuții și reacții negative în mediul online / „Când apare reclama, schimb imediat. Aveti de pierdut cu melodia asta”Economedia · 04 Nov 2026 · RO
- Canizares a analizat tragica ciocnire dintre Owono și De Miguel. "Asta a fost marea problemă" - EurosportSurge — Google News · 04 Nov 2026 · RO
- Canizares a analizat tragica ciocnire dintre Owono și De Miguel. "Asta a fost marea problemă" - EurosportSurge — Google News · 04 Nov 2026 · RO
- Democrații au câștigat în mod spectaculos Congresul. Ce urmează însă după asta și de ce unii se tem de un Trump „încolțit” și „scăpat de sub control”HotNews.ro · 04 Nov 2026 · RO
- Trump anunță că SUA tocmai au primit „cadou” Groenlanda de la europeni. „Știați asta?”Antena 3 CNN · 03 Nov 2026 · RO
- VIDEO | Gigi Becali, limbaj violent la adresa unei jurnaliste care l-a întrebat despre avere: „Ești nebună?! Ordinaro care ești! Cum îți permiți? Asta să o întrebi pe mama ta”Economedia · 03 Nov 2026 · RO
- Daniel Fried, fost ambasador al SUA: „Ultimele sondaje par să sugereze un val albastru, dar nu aș da asta în scris”. Ce se poate întâmpla după alegeriAdevărul · 03 Nov 2026 · RO
- Anthony Scaramucci: Trump va fi „zdrobit“ la alegerile intermediare și știe asta. Preconizează și un „război civil“ printre republicaniAdevărul · 03 Nov 2026 · RO
- Ce pot face, de fapt, democrații dacă vor câștiga Congresul și ce ar însemna asta pentru TrumpAntena 3 CNN · 03 Nov 2026 · RO
- Daniel Fried, fost ambasador al SUA: „Sondajele sugerează un val albastru, dar nu aș da asta în scris”Digi24 · 03 Nov 2026 · RO
- Alegeri SUA: Doi ani toxici. Asta am trăit cu toții, indiferent dacă suntem sau nu de acord cu Trump. Votul de azi din America are o miză uriașă și pentru EuropaHotNews.ro · 03 Nov 2026 · RO
- Donald Trump, o nouă gafă în plin miting electoral: „N-ar trebui să spun asta, nu e potrivit”Digi24 · 02 Nov 2026 · RO
- Leclerc, despre incidentul cu coechipierul Hamilton: „Lewis a urât cu siguranță acele prime câteva ture, vom discuta despre asta”G4Media · 02 Nov 2026 · RO
- INTERVIU Avertisment de la Cotroceni: Economia „nu mai poate suporta o mărire de taxe în clipa asta”. Detalii din întâlnirile lui Nicușor Dan cu marii investitori care împrumută România și negocierile cu liderii politiciHotNews.ro · 02 Nov 2026 · RO
- Horoscop 2 noiembrie 2026. Săgetătorii sunt pregătiți să dăruiască mai mult și vor reuși să creeze și contextul potrivit pentru astaLibertatea.ro · 01 Nov 2026 · RO
- Super-bogații se mută la Atena. Ce înseamnă asta pentru toți ceilalțiAntena 3 CNN · 01 Nov 2026 · RO
Annual reports (ESEF)
- Annual report 202529 Apr 2026
Sources
- [1] Annual report, fiscal year ended 2025-12-31 (ESEF) · SEC / ASTA Energy Solutions AG · 31 Dec 2025
Figures computed by olivLaw from ESEF annual reports and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.