ParTec AG
ISIN: DE000A3E5A34
WKN: A3E5A3
12 November 2025 01:22PM

Original-Research: ParTec AG (von First Berlin Equity Research GmbH): Under Review

ParTec AG · ISIN: DE000A3E5A34 · EQS - Analysts
Country: Germany · Primary market: Germany · EQS NID: 23992

Original-Research: ParTec AG - from First Berlin Equity Research GmbH

12.11.2025 / 13:22 CET/CEST
Dissemination of a Research, transmitted by EQS News - a service of EQS Group.
The issuer is solely responsible for the content of this research. The result of this research does not constitute investment advice or an invitation to conclude certain stock exchange transactions.


Classification of First Berlin Equity Research GmbH to ParTec AG

Company Name: ParTec AG
ISIN: DE000A3E5A34
 
Reason for the research: H1 25 results/Delisting
Recommendation: Under Review
from: 12.11.2025
Target price: Under Review
Target price on sight of: 12 months
Last rating change: 30 June 2025
Analyst: Simon Scholes, Alexander Rihane

First Berlin Equity Research has published a research update on ParTec AG (ISIN: DE000A3E5A34). Analyst Simon Scholes maintained his UNDER REVIEW rating and price target.

ParTec released unaudited H1/25 results late on Friday 31 October after market close. Because ParTec has not yet published its 2024 annual report, its shares are to be delisted from the scale and basic board segments of the Frankfurt stock exchange early next month. Trading will continue in Hamburg after the Frankfurt delisting. However, in the absence of the 2024 annual report, we leave our recommendation at Under Review.

First Berlin Equity Research hat ein Research Update zu ParTec AG (ISIN: DE000A3E5A34) veröffentlicht. Analyst Simon Scholes behält seine Empfehlung und Kursziel bei UNDER REVIEW.

Zusammenfassung:
ParTec hat am späten Freitag, dem 31. Oktober, nach Börsenschluss die ungeprüften Ergebnisse für das erste Halbjahr 2025 veröffentlicht. Da das Unternehmen seinen Jahresbericht 2024 noch nicht veröffentlicht hat, wird der Handel in den Aktien von ParTec in den Scale- und Basic-Board-Segmenten der Frankfurter Börse Anfang nächsten Monats eingestellt. Der Handel wird nach dem Delisting in Frankfurt in Hamburg fortgesetzt. Weil jedoch der Jahresbericht 2024 noch nicht vorliegt, belassen wir unsere Empfehlung bei Under Review.



Bezüglich der Pflichtangaben gem. §85 Abs. 1 S. 1 WpHG und des Haftungsausschlusses siehe die vollständige Analyse.

You can download the research here: JY0_GR-2025-11-12_EN

Contact for questions:
First Berlin Equity Research GmbH
Herr Gaurav Tiwari
Tel.: +49 (0)30 809 39 686
web: www.firstberlin.com
E-Mail: g.tiwari@firstberlin.com


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2228534  12.11.2025 CET/CEST

Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.

The most important financial data at a glance
  2020 2021 2022 2023 2024 2025e 2026e
Sales1 8,98 24,81 36,09 95,68 200,00 0,00 0,00
EBITDA1,2 9,45 21,42 17,59 -13,02 0,00 0,00 0,00
EBITDA-Margin3 105,23 86,34 48,74 -13,61 0,00 0,00 0,00
EBIT1,4 9,42 21,14 17,30 -13,31 0,00 0,00 0,00
EBIT-Margin5 104,90 85,21 47,94 -13,91 0,00 0,00 0,00
Net Profit (Loss)1 8,33 14,27 11,20 -17,45 0,00 0,00 0,00
Net-Margin6 92,76 57,52 31,03 -18,24 0,00 0,00 0,00
Cashflow1,7 8,36 -9,77 8,11 19,19 0,00 0,00 0,00
Earnings per share8 1,04 1,78 1,40 -2,18 -0,50 0,30 0,40
Dividend per share8 0,00 0,00 1,25 0,00 0,00 0,00 0,00
Quelle: boersengefluester.de and Company information
Explanation

1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de

Auditor: NPP

All relevant valuation ratios, dates and other investor information on your share at a glance. Good to know: All data comes from boersengefluester.de and is updated daily. This means you are always up to date. You can get brief explanations of the key figures by moving the cursor or mouse over the relevant field.

INVESTOR-INFORMATION
©boersengefluester.de
ParTec
WKN ISIN Legal Type Marketcap IPO Recommendation Plus Code
A3E5A3 DE000A3E5A34 AG 128,00 Mio € 03.07.2023 8FWH4JV4+FQ
* * *
PE 2027e PE 10Y-Ø BGFL-Ratio Shiller-PE PB PCF KUV
29,09 39,17 0,74 11,17 12,19 6,67 1,34
Dividends
Dividend '2023
in €
Dividend '2024
in €
Dividend '2025e
in €
Div.-Yield '2025e
in %
0,00 0,00 0,00 0,00%
Financial calendar
Annual General Meeting Q1-figures Q2-figures Q3-figures Annual press conference
06.08.2024 21.08.2024
Performance
Distance 60-days-line Distance 200-days-line Performance YtD Performance 52 weeks IPO
Last Price (EoD)
-13,75%
13,80 €
ATH 246,00 €
+10,76% +0,00% +20,00% +0,00% -87,73%

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