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It's been a pretty great week for PVA TePla AG (ETR:TPE) shareholders, with its shares surging 10% to €15.29 in the week since its latest full-year results. PVA TePla reported in line with analyst predictions, delivering revenues of €270m and statutory earnings per share of €1.25, suggesting the business is executing well and in line with its plan. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.
Taking into account the latest results, PVA TePla's eleven analysts currently expect revenues in 2025 to be €265.2m, approximately in line with the last 12 months. Statutory earnings per share are forecast to nosedive 23% to €0.99 in the same period. Before this earnings report, the analysts had been forecasting revenues of €259.2m and earnings per share (EPS) of €1.07 in 2025. Overall it looks as though the analysts were a bit mixed on the latest results. Although there was a to revenue, the consensus also made a small dip in its earnings per share forecasts.
Check out our latest analysis for PVA TePla
The consensus price target was unchanged at €21.11, suggesting the business is performing roughly in line with expectations, despite some adjustments to profit and revenue forecasts. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. The most optimistic PVA TePla analyst has a price target of €35.26 per share, while the most pessimistic values it at €12.00. As you can see the range of estimates is wide, with the lowest valuation coming in at less than half the most bullish estimate, suggesting there are some strongly diverging views on how analysts think this business will perform. With this in mind, we wouldn't rely too heavily the consensus price target, as it is just an average and analysts clearly have some deeply divergent views on the business.
Of course, another way to look at these forecasts is to place them into context against the industry itself. We would highlight that revenue is expected to reverse, with a forecast 1.8% annualised decline to the end of 2025. That is a notable change from historical growth of 19% over the last five years. Compare this with our data, which suggests that other companies in the same industry are, in aggregate, expected to see their revenue grow 8.1% per year. So although its revenues are forecast to shrink, this cloud does not come with a silver lining - PVA TePla is expected to lag the wider industry.