Looks like there`s been an error while trying to load this page.
Our team has been notified but please contact us using the email support widget if the problem persists.
| Metrics | Range | Conclusion |
|---|---|---|
| Selected LTM Ps Multiple | 4.2x - 4.6x | 4.4x |
| Selected Fwd Ps Multiple | 1.8x - 1.9x | 1.9x |
| Fair Value | €48.04 - €53.10 | €50.57 |
| Upside | -16.0% - -7.2% | -11.6% |
| Benchmarks | Ticker | Full Ticker |
|---|---|---|
| SUSS MicroTec SE | - | XTRA:SMHN |
| Infineon Technologies AG | - | XTRA:IFX |
| Elmos Semiconductor SE | - | XTRA:ELG |
| Siltronic AG | - | XTRA:WAF |
| AIXTRON SE | - | XTRA:AIXA |
| First Sensor AG | - | DB:SIS |
| Select Price / LTM Sales Ratio | ||||||||
| Benchmark Companies | ||||||||
| SMHN | IFX | ELG | WAF | AIXA | SIS | |||
| XTRA:SMHN | XTRA:IFX | XTRA:ELG | XTRA:WAF | XTRA:AIXA | DB:SIS | |||
| Historical Sales Growth | ||||||||
| 5Y CAGR | 15.8% | 13.2% | 16.3% | 2.1% | 19.5% | -5.9% | ||
| 3Y CAGR | 19.2% | 10.6% | 21.7% | 0.2% | 13.9% | -3.7% | ||
| Latest Twelve Months | 42.5% | -3.6% | -2.0% | -0.5% | 0.6% | -15.6% | ||
| Historical Net Income Profit Margin | ||||||||
| 5 Year Average Margin | 10.0% | 11.7% | 14.1% | 15.3% | 19.0% | 3.8% | ||
| Prior Fiscal Year | 5.7% | 19.1% | 17.2% | 12.2% | 23.0% | 3.0% | ||
| Latest Fiscal Year | 11.7% | 11.7% | 22.1% | 4.5% | 16.8% | -14.6% | ||
| Latest Twelve Months | 11.6% | 7.7% | 21.9% | 2.1% | 17.2% | -23.2% | ||
| Current Trading Multiples | ||||||||
| EV / LTM EBITDA | 4.7x | 11.8x | 7.7x | 6.8x | 9.0x | -29.7x | ||
| Price / LTM Sales | 1.0x | 3.3x | 2.5x | 0.8x | 2.3x | 5.7x | ||
| LTM P/E Ratio | 8.6x | 42.3x | 11.6x | 37.4x | 13.6x | -24.5x | ||
| Low | Mid | High | ||||||
| Benchmark LTM P/S Ratio | 0.8x | 2.3x | 3.3x | |||||
| Historical LTM P/S Ratio | 2.7x | 4.5x | 5.0x | |||||
| Selected Price / Sales Multiple | 4.2x | 4.4x | 4.6x | |||||
| (x) LTM Sales | 103 | 103 | 103 | |||||
| (=) Equity Value | 435 | 458 | 481 | |||||
| (/) Shares Outstanding | 10.3 | 10.3 | 10.3 | |||||
| Implied Value Range | 42.07 | 44.28 | 46.49 | |||||
| FX Rate: EUR/EUR | 1.0 | 1.0 | 1.0 | Market Price | ||||
| Implied Value Range (Trading Cur) | 42.07 | 44.28 | 46.49 | 57.20 | ||||
| Upside / (Downside) | -26.5% | -22.6% | -18.7% | |||||
| Equity Value | |||||||
| Benchmark Companies | |||||||
| (in millions) | SMHN | IFX | ELG | WAF | AIXA | SIS | |
| Value of Common Equity | 508 | 47,298 | 1,449 | 1,078 | 1,447 | 591 | |
| (/) Shares Outstanding | 19.1 | 1,299.4 | 17.1 | 30.0 | 112.7 | 10.3 | |
| Implied Stock Price | 26.60 | 36.40 | 84.50 | 35.94 | 12.84 | 57.20 | |
| FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
| Implied Stock Price (Trading Cur) | 26.60 | 36.40 | 84.50 | 35.94 | 12.84 | 57.20 | |
| Trading Currency | EUR | EUR | EUR | EUR | EUR | EUR | |
| FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |