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Voestalpine AG
Buy, Hold or Sell?

Let's analyse Voestalpine together

PenkeI guess you are interested in Voestalpine AG. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Voestalpine AG. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Voestalpine (30 sec.)










What can you expect buying and holding a share of Voestalpine? (30 sec.)

How much money do you get?

How much money do you get?
€0.00
When do you have the money?
1 year
How often do you get paid?
79.3%

What is your share worth?

Current worth
€43.96
Expected worth in 1 year
€45.01
How sure are you?
72.4%

+ What do you gain per year?

Total Gains per Share
€1.05
Return On Investment
4.1%

For what price can you sell your share?

Current Price per Share
€25.98
Expected price per share
€22.54 - €27.88
How sure are you?
50%

1. Valuation of Voestalpine (5 min.)




Live pricePrice per Share (EOD)

€25.98

Intrinsic Value Per Share

€-53.44 - €-65.38

Total Value Per Share

€-9.48 - €-21.42

2. Growth of Voestalpine (5 min.)




Is Voestalpine growing?

Current yearPrevious yearGrowGrow %
How rich?$8.4b$8b$384.5m4.5%

How much money is Voestalpine making?

Current yearPrevious yearGrowGrow %
Making money$169.2m$380.6m-$211.4m-124.9%
Net Profit Margin3.6%8.1%--

How much money comes from the company's main activities?

3. Financial Health of Voestalpine (5 min.)




4. Comparing to competitors in the Steel industry (5 min.)




  Industry Rankings (Steel)  


Richest
#19 / 330

Most Revenue
#19 / 330

Most Profit
#29 / 330

Most Efficient
#143 / 330

What can you expect buying and holding a share of Voestalpine? (5 min.)

Welcome investor! Voestalpine's management wants to use your money to grow the business. In return you get a share of Voestalpine.

What can you expect buying and holding a share of Voestalpine?

First you should know what it really means to hold a share of Voestalpine. And how you can make/lose money.

Speculation

The Price per Share of Voestalpine is €25.98. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Voestalpine.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Voestalpine, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is €43.96. Based on the TTM, the Book Value Change Per Share is €0.26 per quarter. Based on the YOY, the Book Value Change Per Share is €1.90 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is €0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Voestalpine.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps0.461.8%0.803.1%2.108.1%0.783.0%0.813.1%
Usd Book Value Change Per Share-0.25-1.0%0.291.1%2.067.9%0.401.5%1.646.3%
Usd Dividend Per Share0.000.0%0.000.0%0.973.7%0.532.0%0.662.5%
Usd Total Gains Per Share-0.25-1.0%0.291.1%3.0311.7%0.933.6%2.308.9%
Usd Price Per Share30.63-31.83-24.32-28.72-33.13-
Price to Earnings Ratio16.52-11.10-5.79-7.09-7.46-
Price-to-Total Gains Ratio-121.94--25.21-21.19--0.29-9.07-
Price to Book Ratio0.64-0.67-0.54-0.73-0.85-
Price-to-Total Gains Ratio-121.94--25.21-21.19--0.29-9.07-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share28.102566
Number of shares35
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.53
Usd Book Value Change Per Share0.290.40
Usd Total Gains Per Share0.290.93
Gains per Quarter (35 shares)9.9832.44
Gains per Year (35 shares)39.92129.75
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1040307456120
208070148112250
30120110222167380
40160150296223510
50200190370279640
60240230444335770
70279270517391900
803193105914471030
903593506655021160
1003993907395581290

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%12.00.00.0100.0%16.04.00.080.0%24.05.00.082.8%24.05.00.082.8%
Book Value Change Per Share2.02.00.050.0%9.03.00.075.0%12.08.00.060.0%18.011.00.062.1%18.011.00.062.1%
Dividend per Share0.00.04.00.0%7.00.05.058.3%14.00.06.070.0%23.00.06.079.3%23.00.06.079.3%
Total Gains per Share2.02.00.050.0%10.02.00.083.3%13.07.00.065.0%21.08.00.072.4%21.08.00.072.4%

Fundamentals of Voestalpine

About Voestalpine AG

Voestalpine AG processes, develops, manufactures, and sells steel products in Austria, European Union, and internationally. The company operates through five segments: Steel, High Performance Metals, Metal Engineering, Metal Forming, and Other. The Steel division produces hot and cold-rolled steel strips, as well as electrogalvanized, hot-dip galvanized, and organically coated steel strips; and heavy plates for the energy sector, as well as turbine casings for automotive, white goods/consumer goods, building/construction, energy, mechanical engineering, and others. The High Performance Metals segment offers special alloys for the oil and natural gas, aerospace, and energy engineering industries; tool manufacturing, component processing, heat treatment, and coating services; and warehousing and preprocessing of special steels, as well as services, including logistics, distribution, and processing for the oil and natural gas industries for automotive, white goods/consumer goods, building/construction, aerospace, mechanical engineering, and others. The Metal Engineering division offers rails and turnout products, rod and drawn wires, seamless tubes, and welding consumables and machinery; rails and digital monitoring systems; and services for rail infrastructure. This segment serves railway systems, automotive, white goods/consumer goods, building/construction, energy, mechanical engineering, and others. The Metal Forming division manufactures special tubes and sections, and precision strip steel products, as well as pre-finished system components made from pressed, stamped, and roll-profiled parts for use in automotive, white goods/consumer goods, building/construction, energy, mechanical engineering, and others. The company is headquartered in Linz, Austria.

Fundamental data was last updated by Penke on 2024-03-25 07:45:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is underpriced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Voestalpine AG.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Voestalpine earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare Voestalpine to the Steel industry mean.
  • A Net Profit Margin of 2.0% means that €0.02 for each €1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Voestalpine AG:

  • The MRQ is 2.0%. The company is making a profit. +1
  • The TTM is 3.6%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ2.0%TTM3.6%-1.6%
TTM3.6%YOY8.1%-4.6%
TTM3.6%5Y3.2%+0.4%
5Y3.2%10Y3.6%-0.5%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ2.0%2.7%-0.7%
TTM3.6%2.9%+0.7%
YOY8.1%4.8%+3.3%
5Y3.2%3.5%-0.3%
10Y3.6%2.9%+0.7%
1.1.2. Return on Assets

Shows how efficient Voestalpine is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Voestalpine to the Steel industry mean.
  • 0.5% Return on Assets means that Voestalpine generated €0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Voestalpine AG:

  • The MRQ is 0.5%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.9%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.5%TTM0.9%-0.5%
TTM0.9%YOY2.0%-1.1%
TTM0.9%5Y0.8%+0.1%
5Y0.8%10Y0.9%-0.1%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5%1.1%-0.6%
TTM0.9%1.1%-0.2%
YOY2.0%1.9%+0.1%
5Y0.8%1.3%-0.5%
10Y0.9%1.0%-0.1%
1.1.3. Return on Equity

Shows how efficient Voestalpine is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Voestalpine to the Steel industry mean.
  • 1.0% Return on Equity means Voestalpine generated €0.01 for each €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Voestalpine AG:

  • The MRQ is 1.0%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 2.1%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ1.0%TTM2.1%-1.1%
TTM2.1%YOY4.9%-2.8%
TTM2.1%5Y1.9%+0.2%
5Y1.9%10Y2.1%-0.2%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0%2.2%-1.2%
TTM2.1%2.1%0.0%
YOY4.9%3.9%+1.0%
5Y1.9%2.4%-0.5%
10Y2.1%1.8%+0.3%

1.2. Operating Efficiency of Voestalpine AG.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Voestalpine is operating .

  • Measures how much profit Voestalpine makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Voestalpine to the Steel industry mean.
  • An Operating Margin of 0.0% means the company generated €0.00  for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Voestalpine AG:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM1.7%-1.7%
TTM1.7%YOY6.2%-4.4%
TTM1.7%5Y3.5%-1.8%
5Y3.5%10Y4.7%-1.2%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ-5.9%-5.9%
TTM1.7%3.4%-1.7%
YOY6.2%6.2%0.0%
5Y3.5%5.6%-2.1%
10Y4.7%4.1%+0.6%
1.2.2. Operating Ratio

Measures how efficient Voestalpine is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Steel industry mean).
  • An Operation Ratio of 1.80 means that the operating costs are €1.80 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of Voestalpine AG:

  • The MRQ is 1.801. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.768. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.801TTM1.768+0.032
TTM1.768YOY1.688+0.080
TTM1.7685Y1.768+0.001
5Y1.76810Y1.748+0.019
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ1.8011.706+0.095
TTM1.7681.645+0.123
YOY1.6881.488+0.200
5Y1.7681.527+0.241
10Y1.7481.306+0.442

1.3. Liquidity of Voestalpine AG.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Voestalpine is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Steel industry mean).
  • A Current Ratio of 1.41 means the company has €1.41 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of Voestalpine AG:

  • The MRQ is 1.411. The company is just able to pay all its short-term debts.
  • The TTM is 1.515. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.411TTM1.515-0.103
TTM1.515YOY1.540-0.026
TTM1.5155Y1.481+0.034
5Y1.48110Y1.474+0.007
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4111.669-0.258
TTM1.5151.736-0.221
YOY1.5401.669-0.129
5Y1.4811.615-0.134
10Y1.4741.436+0.038
1.3.2. Quick Ratio

Measures if Voestalpine is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Voestalpine to the Steel industry mean.
  • A Quick Ratio of 0.34 means the company can pay off €0.34 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Voestalpine AG:

  • The MRQ is 0.343. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.364. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.343TTM0.364-0.021
TTM0.364YOY0.401-0.037
TTM0.3645Y0.407-0.043
5Y0.40710Y0.432-0.025
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3430.612-0.269
TTM0.3640.647-0.283
YOY0.4010.717-0.316
5Y0.4070.693-0.286
10Y0.4320.633-0.201

1.4. Solvency of Voestalpine AG.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Voestalpine assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Voestalpine to Steel industry mean.
  • A Debt to Asset Ratio of 0.53 means that Voestalpine assets are financed with 53.1% credit (debt) and the remaining percentage (100% - 53.1%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Voestalpine AG:

  • The MRQ is 0.531. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.536. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.531TTM0.536-0.004
TTM0.536YOY0.561-0.025
TTM0.5365Y0.587-0.052
5Y0.58710Y0.585+0.002
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5310.447+0.084
TTM0.5360.449+0.087
YOY0.5610.477+0.084
5Y0.5870.487+0.100
10Y0.5850.510+0.075
1.4.2. Debt to Equity Ratio

Measures if Voestalpine is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Voestalpine to the Steel industry mean.
  • A Debt to Equity ratio of 117.7% means that company has €1.18 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Voestalpine AG:

  • The MRQ is 1.177. The company is able to pay all its debts with equity. +1
  • The TTM is 1.195. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.177TTM1.195-0.018
TTM1.195YOY1.312-0.117
TTM1.1955Y1.480-0.285
5Y1.48010Y1.460+0.020
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1770.812+0.365
TTM1.1950.850+0.345
YOY1.3120.938+0.374
5Y1.4800.997+0.483
10Y1.4601.192+0.268

2. Market Valuation of Voestalpine AG

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every €1 in earnings Voestalpine generates.

  • Above 15 is considered overpriced but always compare Voestalpine to the Steel industry mean.
  • A PE ratio of 16.52 means the investor is paying €16.52 for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Voestalpine AG:

  • The EOD is 15.151. Based on the earnings, the company is fair priced.
  • The MRQ is 16.516. Based on the earnings, the company is fair priced.
  • The TTM is 11.103. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD15.151MRQ16.516-1.365
MRQ16.516TTM11.103+5.413
TTM11.103YOY5.793+5.310
TTM11.1035Y7.086+4.017
5Y7.08610Y7.456-0.370
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD15.1518.425+6.726
MRQ16.5167.908+8.608
TTM11.1037.165+3.938
YOY5.7936.986-1.193
5Y7.0868.371-1.285
10Y7.45611.042-3.586
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Voestalpine AG:

  • The EOD is 28.255. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 30.800. Based on how much money comes from the company's main activities, the company is fair priced.
  • The TTM is 8.272. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD28.255MRQ30.800-2.545
MRQ30.800TTM8.272+22.528
TTM8.272YOY1.321+6.951
TTM8.2725Y-2.783+11.054
5Y-2.78310Y-1.919-0.864
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD28.2553.044+25.211
MRQ30.8002.954+27.846
TTM8.2722.082+6.190
YOY1.3211.470-0.149
5Y-2.7830.910-3.693
10Y-1.9191.538-3.457
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Voestalpine is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Steel industry mean).
  • A PB ratio of 0.64 means the investor is paying €0.64 for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of Voestalpine AG:

  • The EOD is 0.591. Based on the equity, the company is cheap. +2
  • The MRQ is 0.644. Based on the equity, the company is cheap. +2
  • The TTM is 0.666. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.591MRQ0.644-0.053
MRQ0.644TTM0.666-0.022
TTM0.666YOY0.539+0.127
TTM0.6665Y0.729-0.063
5Y0.72910Y0.848-0.119
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD0.5911.005-0.414
MRQ0.6440.953-0.309
TTM0.6660.958-0.292
YOY0.5391.077-0.538
5Y0.7291.064-0.335
10Y0.8481.127-0.279
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Voestalpine AG compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.2320.264-188%1.903-112%0.369-163%1.516-115%
Book Value Per Share--43.96044.181-1%41.916+5%37.142+18%36.699+20%
Current Ratio--1.4111.515-7%1.540-8%1.481-5%1.474-4%
Debt To Asset Ratio--0.5310.536-1%0.561-5%0.587-10%0.585-9%
Debt To Equity Ratio--1.1771.195-1%1.312-10%1.480-20%1.460-19%
Dividend Per Share----0%0.900-100%0.488-100%0.612-100%
Eps--0.4290.740-42%1.940-78%0.721-41%0.749-43%
Free Cash Flow Per Share--0.2301.415-84%-0.303+232%0.901-74%0.901-74%
Free Cash Flow To Equity Per Share--0.2301.929-88%-0.732+418%0.269-15%0.269-15%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---65.382--------
Intrinsic Value_10Y_min---53.440--------
Intrinsic Value_1Y_max--0.981--------
Intrinsic Value_1Y_min--0.968--------
Intrinsic Value_3Y_max---2.793--------
Intrinsic Value_3Y_min---2.551--------
Intrinsic Value_5Y_max---13.489--------
Intrinsic Value_5Y_min---12.026--------
Market Cap4599940652.160-9%5014266842.4005209905196.840-4%4005432639.665+25%4722385926.203+6%5436725249.403-8%
Net Profit Margin--0.0200.036-45%0.081-76%0.032-38%0.036-46%
Operating Margin---0.017-100%0.062-100%0.035-100%0.047-100%
Operating Ratio--1.8011.768+2%1.688+7%1.768+2%1.748+3%
Pb Ratio0.591-9%0.6440.666-3%0.539+20%0.729-12%0.848-24%
Pe Ratio15.151-9%16.51611.103+49%5.793+185%7.086+133%7.456+122%
Price Per Share25.980-9%28.32029.425-4%22.488+26%26.552+7%30.624-8%
Price To Free Cash Flow Ratio28.255-9%30.8008.272+272%1.321+2232%-2.783+109%-1.919+106%
Price To Total Gains Ratio-111.866+8%-121.942-25.214-79%21.188-676%-0.289-100%9.068-1445%
Quick Ratio--0.3430.364-6%0.401-14%0.407-16%0.432-21%
Return On Assets--0.0050.009-50%0.020-78%0.008-44%0.009-48%
Return On Equity--0.0100.021-51%0.049-79%0.019-47%0.021-51%
Total Gains Per Share---0.2320.264-188%2.802-108%0.857-127%2.128-111%
Usd Book Value--8419411950.0008461706420.0000%8077189112.500+4%7143644153.000+18%7049479930.000+19%
Usd Book Value Change Per Share---0.2510.285-188%2.058-112%0.399-163%1.640-115%
Usd Book Value Per Share--47.55247.791-1%45.340+5%40.176+18%39.697+20%
Usd Dividend Per Share----0%0.973-100%0.528-100%0.662-100%
Usd Eps--0.4640.801-42%2.098-78%0.780-41%0.811-43%
Usd Free Cash Flow--44025190.000271046977.500-84%-58006162.500+232%138798335.500-68%95722990.000-54%
Usd Free Cash Flow Per Share--0.2491.531-84%-0.327+232%0.974-74%0.974-74%
Usd Free Cash Flow To Equity Per Share--0.2492.086-88%-0.792+418%0.291-15%0.291-15%
Usd Market Cap4975755803.441-9%5423932443.4245635554451.422-4%4332676486.326+25%5108204856.373+6%5880905702.279-8%
Usd Price Per Share28.103-9%30.63431.829-4%24.325+26%28.722+7%33.126-8%
Usd Profit--82101030.000169231965.000-51%380677272.500-78%147149059.500-44%152239950.000-46%
Usd Revenue--4191371160.0004604661687.500-9%4762914397.500-12%3955333403.000+6%3799560770.000+10%
Usd Total Gains Per Share---0.2510.285-188%3.031-108%0.927-127%2.301-111%
 EOD+5 -3MRQTTM+4 -29YOY+13 -225Y+10 -2510Y+8 -27

3.2. Fundamental Score

Let's check the fundamental score of Voestalpine AG based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1515.151
Price to Book Ratio (EOD)Between0-10.591
Net Profit Margin (MRQ)Greater than00.020
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.343
Current Ratio (MRQ)Greater than11.411
Debt to Asset Ratio (MRQ)Less than10.531
Debt to Equity Ratio (MRQ)Less than11.177
Return on Equity (MRQ)Greater than0.150.010
Return on Assets (MRQ)Greater than0.050.005
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Voestalpine AG based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5057.334
Ma 20Greater thanMa 5025.027
Ma 50Greater thanMa 10025.745
Ma 100Greater thanMa 20026.119
OpenGreater thanClose25.580
Total1/5 (20.0%)



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in EUR. All numbers in thousands.

Summary
Total Assets16,606,700
Total Liabilities8,823,200
Total Stockholder Equity7,493,400
 As reported
Total Liabilities 8,823,200
Total Stockholder Equity+ 7,493,400
Total Assets = 16,606,700

Assets

Total Assets16,606,700
Total Current Assets8,659,600
Long-term Assets7,947,100
Total Current Assets
Cash And Cash Equivalents 953,900
Short-term Investments 228,100
Net Receivables 1,875,500
Inventory 5,602,100
Total Current Assets  (as reported)8,659,600
Total Current Assets  (calculated)8,659,600
+/-0
Long-term Assets
Property Plant Equipment 5,781,200
Goodwill 1,330,400
Intangible Assets 308,000
Long-term Assets  (as reported)7,947,100
Long-term Assets  (calculated)7,419,600
+/- 527,500

Liabilities & Shareholders' Equity

Total Current Liabilities6,135,500
Long-term Liabilities2,687,700
Total Stockholder Equity7,493,400
Total Current Liabilities
Accounts payable 3,226,000
Total Current Liabilities  (as reported)6,135,500
Total Current Liabilities  (calculated)3,226,000
+/- 2,909,500
Long-term Liabilities
Long-term Liabilities  (as reported)2,687,700
Long-term Liabilities  (calculated)0
+/- 2,687,700
Total Stockholder Equity
Retained Earnings 6,492,900
Total Stockholder Equity (as reported)7,493,400
Total Stockholder Equity (calculated)6,492,900
+/- 1,000,500
Other
Capital Stock324,300
Common Stock Shares Outstanding 177,057
Net Invested Capital 7,493,400
Net Working Capital 2,524,100



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-31
> Total Assets 
14,277,200
14,707,500
14,713,100
15,136,400
15,309,900
15,455,000
15,241,800
15,171,000
15,261,100
15,651,600
16,387,300
16,117,900
15,434,900
14,968,100
14,706,200
14,410,700
14,327,300
14,910,200
15,209,700
15,436,300
15,696,300
17,024,700
17,518,800
17,143,800
16,400,500
17,092,800
17,039,500
16,668,900
16,606,700
16,606,70016,668,90017,039,50017,092,80016,400,50017,143,80017,518,80017,024,70015,696,30015,436,30015,209,70014,910,20014,327,30014,410,70014,706,20014,968,10015,434,90016,117,90016,387,30015,651,60015,261,10015,171,00015,241,80015,455,00015,309,90015,136,40014,713,10014,707,50014,277,200
   > Total Current Assets 
5,606,300
5,973,900
6,147,800
6,631,000
6,854,100
6,865,300
6,580,600
6,434,300
6,501,800
6,755,800
7,111,800
6,827,300
6,384,200
6,098,400
5,902,900
5,972,400
5,871,000
6,466,000
6,888,100
7,216,900
7,438,600
9,138,100
9,584,700
9,347,800
8,684,100
9,022,200
9,227,900
8,785,300
8,659,600
8,659,6008,785,3009,227,9009,022,2008,684,1009,347,8009,584,7009,138,1007,438,6007,216,9006,888,1006,466,0005,871,0005,972,4005,902,9006,098,4006,384,2006,827,3007,111,8006,755,8006,501,8006,434,3006,580,6006,865,3006,854,1006,631,0006,147,8005,973,9005,606,300
       Cash And Cash Equivalents 
370,400
503,300
467,900
731,600
728,100
705,800
298,000
264,000
280,400
485,900
339,800
312,500
548,000
794,700
661,500
1,060,000
811,100
1,159,700
941,700
563,800
417,200
842,800
1,057,300
649,300
423,900
1,055,800
828,500
835,100
953,900
953,900835,100828,5001,055,800423,900649,3001,057,300842,800417,200563,800941,7001,159,700811,1001,060,000661,500794,700548,000312,500339,800485,900280,400264,000298,000705,800728,100731,600467,900503,300370,400
       Short-term Investments 
365,000
348,300
343,700
584,900
583,500
388,100
366,800
256,000
191,500
182,300
533,300
442,500
153,000
55,400
57,500
62,600
184,600
145,300
245,600
408,000
260,800
145,600
69,400
70,300
70,500
341,300
502,800
412,800
228,100
228,100412,800502,800341,30070,50070,30069,400145,600260,800408,000245,600145,300184,60062,60057,50055,400153,000442,500533,300182,300191,500256,000366,800388,100583,500584,900343,700348,300365,000
       Net Receivables 
1,579,400
1,714,100
1,772,000
1,618,100
1,648,100
1,773,000
1,925,300
1,884,300
1,841,300
1,249,200
1,973,900
1,855,400
1,729,200
1,650,100
1,566,400
1,522,300
1,529,200
1,722,200
1,762,600
1,829,000
2,033,900
2,293,100
2,521,200
2,327,600
2,084,800
1,133,700
2,133,500
1,919,300
1,875,500
1,875,5001,919,3002,133,5001,133,7002,084,8002,327,6002,521,2002,293,1002,033,9001,829,0001,762,6001,722,2001,529,2001,522,3001,566,4001,650,1001,729,2001,855,4001,973,9001,249,2001,841,3001,884,3001,925,3001,773,0001,648,1001,618,1001,772,0001,714,1001,579,400
       Inventory 
3,291,500
3,408,200
3,564,200
3,696,400
3,894,400
3,998,400
3,990,500
4,030,000
4,188,600
4,002,400
4,251,500
4,203,600
3,940,700
3,598,200
3,617,500
3,327,500
3,346,100
3,438,800
3,938,200
4,416,100
4,726,700
4,935,100
5,933,500
6,280,900
6,083,400
5,684,700
5,763,100
5,618,100
5,602,100
5,602,1005,618,1005,763,1005,684,7006,083,4006,280,9005,933,5004,935,1004,726,7004,416,1003,938,2003,438,8003,346,1003,327,5003,617,5003,598,2003,940,7004,203,6004,251,5004,002,4004,188,6004,030,0003,990,5003,998,4003,894,4003,696,4003,564,2003,408,2003,291,500
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
8,895,800
9,275,500
9,290,600
9,050,700
8,930,200
8,803,300
8,438,300
8,456,300
8,691,000
8,321,600
8,219,400
8,257,700
8,165,100
7,934,100
7,796,000
7,716,400
8,072,700
7,811,600
7,883,600
7,947,100
7,947,1007,883,6007,811,6008,072,7007,716,4007,796,0007,934,1008,165,1008,257,7008,219,4008,321,6008,691,0008,456,3008,438,3008,803,3008,930,2009,050,7009,290,6009,275,5008,895,800000000000
       Property Plant Equipment 
6,289,900
5,886,900
6,243,500
6,184,600
6,159,800
5,692,100
6,342,200
6,421,800
6,450,700
6,063,000
6,952,900
6,952,700
6,643,100
5,951,500
6,467,300
6,154,200
6,099,200
5,455,100
6,048,400
5,984,000
5,981,500
5,635,900
5,599,300
5,527,100
5,466,500
5,664,800
5,668,600
5,761,400
5,781,200
5,781,2005,761,4005,668,6005,664,8005,466,5005,527,1005,599,3005,635,9005,981,5005,984,0006,048,4005,455,1006,099,2006,154,2006,467,3005,951,5006,643,1006,952,7006,952,9006,063,0006,450,7006,421,8006,342,2005,692,1006,159,8006,184,6006,243,5005,886,9006,289,900
       Goodwill 
1,552,600
1,549,500
1,547,400
1,546,600
1,546,400
1,545,900
1,547,400
1,547,700
1,547,600
1,548,300
1,547,800
1,549,000
1,548,200
1,494,900
1,494,300
1,468,100
1,468,000
1,469,200
1,468,900
1,469,600
1,469,900
1,448,600
1,448,000
1,330,500
1,330,100
1,331,300
1,331,400
1,332,200
1,330,400
1,330,4001,332,2001,331,4001,331,3001,330,1001,330,5001,448,0001,448,6001,469,9001,469,6001,468,9001,469,2001,468,0001,468,1001,494,3001,494,9001,548,2001,549,0001,547,8001,548,3001,547,6001,547,7001,547,4001,545,9001,546,4001,546,6001,547,4001,549,5001,552,600
       Long Term Investments 
178,500
161,800
177,200
175,200
178,700
163,400
172,300
171,600
170,300
172,500
174,200
184,500
203,100
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000203,100184,500174,200172,500170,300171,600172,300163,400178,700175,200177,200161,800178,500
       Intangible Assets 
422,800
369,400
413,000
402,300
398,300
361,100
392,700
387,800
385,800
395,100
389,400
378,900
352,100
338,600
329,100
318,600
311,200
307,200
302,300
296,100
292,700
289,900
286,200
283,300
284,600
297,700
299,200
295,500
308,000
308,000295,500299,200297,700284,600283,300286,200289,900292,700296,100302,300307,200311,200318,600329,100338,600352,100378,900389,400395,100385,800387,800392,700361,100398,300402,300413,000369,400422,800
       Long-term Assets Other 
0
0
0
0
0
0
0
0
0
8,895,800
9,275,500
9,290,600
9,050,700
31,900
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000031,9009,050,7009,290,6009,275,5008,895,800000000000
> Total Liabilities 
8,479,700
8,647,200
8,492,300
8,952,600
9,006,500
8,900,700
8,478,500
8,620,100
8,783,100
8,941,800
9,675,200
10,123,200
9,741,700
9,353,200
9,189,100
9,140,100
8,916,000
9,260,300
9,238,900
9,358,800
9,395,300
9,955,400
9,849,300
9,610,900
8,803,700
9,323,400
9,126,600
8,844,300
8,823,200
8,823,2008,844,3009,126,6009,323,4008,803,7009,610,9009,849,3009,955,4009,395,3009,358,8009,238,9009,260,3008,916,0009,140,1009,189,1009,353,2009,741,70010,123,2009,675,2008,941,8008,783,1008,620,1008,478,5008,900,7009,006,5008,952,6008,492,3008,647,2008,479,700
   > Total Current Liabilities 
3,770,900
4,457,300
4,053,200
4,089,800
4,775,200
4,761,200
4,557,400
4,845,100
4,319,200
4,725,300
4,541,100
4,862,300
4,281,300
4,000,700
3,693,400
3,799,800
4,103,100
4,943,800
5,096,400
5,253,600
5,499,200
6,034,600
6,324,600
6,061,900
5,461,600
5,962,500
5,582,500
5,931,200
6,135,500
6,135,5005,931,2005,582,5005,962,5005,461,6006,061,9006,324,6006,034,6005,499,2005,253,6005,096,4004,943,8004,103,1003,799,8003,693,4004,000,7004,281,3004,862,3004,541,1004,725,3004,319,2004,845,1004,557,4004,761,2004,775,2004,089,8004,053,2004,457,3003,770,900
       Short-term Debt 
4,311,500
4,107,100
4,182,500
1,151,600
1,854,200
1,289,000
1,426,500
1,756,700
1,309,000
1,021,300
1,281,300
1,689,100
1,494,600
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000001,494,6001,689,1001,281,3001,021,3001,309,0001,756,7001,426,5001,289,0001,854,2001,151,6004,182,5004,107,1004,311,500
       Short Long Term Debt 
4,311,500
4,107,100
4,182,500
1,151,600
1,854,200
1,289,000
1,426,500
1,756,700
1,309,000
1,020,900
1,281,300
1,689,100
1,494,600
651,600
0
0
0
1,140,400
0
0
0
534,600
0
0
0
735,900
0
0
0
000735,900000534,6000001,140,400000651,6001,494,6001,689,1001,281,3001,020,9001,309,0001,756,7001,426,5001,289,0001,854,2001,151,6004,182,5004,107,1004,311,500
       Accounts payable 
2,093,700
1,294,200
2,280,300
2,239,300
2,192,400
1,412,500
2,334,300
2,313,800
2,279,600
2,196,100
2,597,300
2,534,500
2,096,100
1,261,500
2,324,100
2,319,600
2,488,600
1,441,200
2,290,900
2,430,100
2,330,100
2,027,100
2,731,900
2,707,600
2,292,200
2,967,600
2,573,100
3,422,200
3,226,000
3,226,0003,422,2002,573,1002,967,6002,292,2002,707,6002,731,9002,027,1002,330,1002,430,1002,290,9001,441,2002,488,6002,319,6002,324,1001,261,5002,096,1002,534,5002,597,3002,196,1002,279,6002,313,8002,334,3001,412,5002,192,4002,239,3002,280,3001,294,2002,093,700
       Other Current Liabilities 
623,700
1,341,800
653,900
698,900
728,600
1,486,300
796,600
774,600
730,600
383,700
662,500
638,700
690,600
1,531,700
629,300
656,000
663,500
1,000,400
768,700
831,900
998,800
1,602,600
1,283,200
1,375,600
1,270,900
0
1,026,800
0
0
001,026,80001,270,9001,375,6001,283,2001,602,600998,800831,900768,7001,000,400663,500656,000629,3001,531,700690,600638,700662,500383,700730,600774,600796,6001,486,300728,600698,900653,9001,341,800623,700
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
4,216,500
5,134,100
5,260,900
5,460,400
5,352,500
5,495,700
5,340,300
4,812,900
4,316,500
4,142,500
4,105,200
3,896,100
4,015,900
3,581,700
3,586,800
3,342,100
3,360,900
3,555,400
2,913,100
2,687,700
2,687,7002,913,1003,555,4003,360,9003,342,1003,586,8003,581,7004,015,9003,896,1004,105,2004,142,5004,316,5004,812,9005,340,3005,495,7005,352,5005,460,4005,260,9005,134,1004,216,500000000000
       Capital Lease Obligations 
0
0
0
0
0
0
0
0
0
15,300
0
0
0
413,100
0
0
0
385,200
0
0
0
341,100
0
0
0
349,200
0
0
0
000349,200000341,100000385,200000413,10000015,300000000000
> Total Stockholder Equity
5,633,800
5,892,100
6,060,600
6,023,800
6,134,500
6,385,700
6,594,300
6,395,500
6,316,300
6,544,000
6,547,500
5,837,100
5,541,600
5,478,200
5,375,300
5,140,300
5,278,300
5,524,600
5,844,700
5,950,900
6,162,100
6,914,700
7,511,400
7,362,400
7,392,300
7,528,900
7,642,200
7,553,300
7,493,400
7,493,4007,553,3007,642,2007,528,9007,392,3007,362,4007,511,4006,914,7006,162,1005,950,9005,844,7005,524,6005,278,3005,140,3005,375,3005,478,2005,541,6005,837,1006,547,5006,544,0006,316,3006,395,5006,594,3006,385,7006,134,5006,023,8006,060,6005,892,1005,633,800
   Common Stock
317,800
320,300
320,300
320,300
320,300
320,300
320,300
320,300
320,300
324,300
324,300
324,300
324,300
324,300
324,300
324,300
324,300
324,300
324,300
324,300
324,300
324,300
324,300
324,300
324,300
0
324,300
0
0
00324,3000324,300324,300324,300324,300324,300324,300324,300324,300324,300324,300324,300324,300324,300324,300324,300324,300320,300320,300320,300320,300320,300320,300320,300320,300317,800
   Retained Earnings 
4,266,100
4,446,600
4,635,500
4,600,000
4,710,800
5,051,300
5,170,400
4,971,700
4,892,500
5,125,400
5,059,400
4,846,900
4,551,400
4,660,900
4,390,700
4,155,700
4,293,700
4,655,600
4,860,200
4,966,400
5,177,600
5,953,200
6,526,900
6,377,900
6,407,800
6,877,700
6,638,800
6,549,900
6,492,900
6,492,9006,549,9006,638,8006,877,7006,407,8006,377,9006,526,9005,953,2005,177,6004,966,4004,860,2004,655,6004,293,7004,155,7004,390,7004,660,9004,551,4004,846,9005,059,4005,125,4004,892,5004,971,7005,170,4005,051,3004,710,8004,600,0004,635,5004,446,6004,266,100
   Capital Surplus 00000000000000000000000000000
   Treasury Stock00000000000000000000000000000
   Other Stockholders Equity 
1,049,900
1,126,700
1,104,800
1,103,500
1,103,400
1,015,600
1,103,600
1,103,500
1,103,500
1,095,800
1,163,800
665,900
665,900
494,500
660,300
660,300
660,300
546,200
660,200
660,200
660,200
638,700
660,200
660,200
660,200
0
679,100
0
0
00679,1000660,200660,200660,200638,700660,200660,200660,200546,200660,300660,300660,300494,500665,900665,9001,163,8001,095,8001,103,5001,103,5001,103,6001,015,6001,103,4001,103,5001,104,8001,126,7001,049,900



Balance Sheet

Currency in EUR. All numbers in thousands.




Cash Flow

Currency in EUR. All numbers in thousands.




Income Statement

Currency in EUR. All numbers in thousands.


Latest Income Statement (annual, 2023-03-31)

Gross Profit (+$)
totalRevenue18,225,100
Cost of Revenue-14,589,400
Gross Profit3,635,7003,635,700
 
Operating Income (+$)
Gross Profit3,635,700
Operating Expense-16,705,400
Operating Income1,519,700-13,069,700
 
Operating Expense (+$)
Research Development-
Selling General Administrative2,117,600
Selling And Marketing Expenses-
Operating Expense16,705,4002,117,600
 
Net Interest Income (+$)
Interest Income31,900
Interest Expense-181,500
Other Finance Cost-0
Net Interest Income-149,600
 
Pretax Income (+$)
Operating Income1,519,700
Net Interest Income-149,600
Other Non-Operating Income Expenses-
Income Before Tax (EBT)1,490,8001,519,700
EBIT - interestExpense = -181,500
1,066,000
1,247,500
Interest Expense181,500
Earnings Before Interest and Taxes (EBIT)-1,672,300
Earnings Before Interest and Taxes (EBITDA)2,609,900
 
After tax Income (+$)
Income Before Tax1,490,800
Tax Provision-405,500
Net Income From Continuing Ops1,085,3001,085,300
Net Income1,066,000
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-149,600
 

Technical Analysis of Voestalpine
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Voestalpine. The general trend of Voestalpine is BEARISH with 42.9% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Voestalpine's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-42.9%) Bearish trend (42.9%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Voestalpine AG.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is -1/(-1 +1).

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 26.18 < 27.88 < 27.88.

The bearish price targets are: 24.16 > 24.16 > 22.54.

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Voestalpine AG Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Voestalpine AG. The current mas is .

The long score for the Moving Averages is 4/14.
The longshort score for the Moving Averages is -6/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Voestalpine AG Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Voestalpine AG. The current macd is 0.02029938.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Voestalpine price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Voestalpine. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Voestalpine price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Voestalpine AG Daily Moving Average Convergence/Divergence (MACD) ChartVoestalpine AG Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Voestalpine AG. The current adx is 18.01.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Voestalpine shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Voestalpine AG Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Voestalpine AG. The current sar is 25.03.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Voestalpine AG Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Voestalpine AG. The current rsi is 57.33. The current phase is Correction in bear market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
  • Trending up: The RSI is trending up. +1
Voestalpine AG Daily Relative Strength Index (RSI) ChartVoestalpine AG Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Voestalpine AG. The current phase is Overbought in bear market.

The long score for the Stochastic Oscillator is 6/6.
The longshort score for the Stochastic Oscillator is 6/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Voestalpine price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Voestalpine AG Daily Stochastic Oscillator ChartVoestalpine AG Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Voestalpine AG. The current cci is 133.11.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Voestalpine AG Daily Commodity Channel Index (CCI) ChartVoestalpine AG Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Voestalpine AG. The current cmo is 23.90.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Voestalpine AG Daily Chande Momentum Oscillator (CMO) ChartVoestalpine AG Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Voestalpine AG. The current willr is 0.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Voestalpine AG Daily Williams %R ChartVoestalpine AG Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Voestalpine AG.

Voestalpine AG Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Voestalpine AG. The current atr is 0.44597059.

Voestalpine AG Daily Average True Range (ATR) ChartVoestalpine AG Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Voestalpine AG. The current obv is -145,187.

Voestalpine AG Daily On-Balance Volume (OBV) ChartVoestalpine AG Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Voestalpine AG. The current mfi is 65.82.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Voestalpine AG Daily Money Flow Index (MFI) ChartVoestalpine AG Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Voestalpine AG.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-08DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-09DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-13STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-14STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-22STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-24STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-01STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-04CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-06CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-07STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-08STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-11MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-12WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-14BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-18STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-20RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-21WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-22STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-28SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-29WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-02MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-03CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-08DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-09DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-10CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-17STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-19DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-23CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-24MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-29WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-30CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-31CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-02STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-06DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-07CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-09BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-13BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-19MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-06MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-13WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-15DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-18STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-20DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-21CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-22WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-27STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).

6.3. Candlestick Patterns

Voestalpine AG Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Voestalpine AG based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5057.334
Ma 20Greater thanMa 5025.027
Ma 50Greater thanMa 10025.745
Ma 100Greater thanMa 20026.119
OpenGreater thanClose25.580
Total1/5 (20.0%)
Penke

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