New Risk • Apr 14
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.4% net profit margin). Ankündigung • Feb 04
Soitec Sa Provides Revenue Guidance for the Fourth Quarter of 2026 Soitec SA provided revenue guidance for the Fourth quarter of 2026. For the quarter, the company revenue is expected to grow around 20% at constant exchange rates and scope, versus Q3’26. Ankündigung • Jan 08
Soitec Appoints Laurent Rémont as Chief Executive Officer, Effective April 1, 2026 Soitec announced that its Board of Directors has appointed Laurent Rémont as Chief Executive Officer, effective April 1, 2026. Laurent Rémont, aged 54, is currently Senior Vice President at Infineon Technologies, a global semiconductor company, where he notably headed the Radio Frequency and Sensors business. He previously served as Chief Technology Officer at Kontron AG, after more than fifteen years with STMicroelectronics, where he held various general management and R&D positions. His international career reflects his deep expertise in technologies and markets that are key to Soitec, such as mobile communications, automotive and artificial intelligence. He also brings extensive experience in managing technological and industrial activities. Laurent Rémont will join Soitec on March 16, 2026, as a special advisor to CEO Pierre Barnabé, before succeeding him at the beginning of the following month. Pierre Barnabé, who announced his resignation on October 1, 2025, will step down on March 31, 2026. Laurent Rémont currently serves as Senior Vice President and General Manager of MEMS and Magnetics at Infineon Technologies, a leading integrated semiconductor manufacturer, which he joined in 2019. He has also led the Group's Radio Frequency and Sensors business, covering a portfolio that included sensors, radars, microphones and RF components, as well as systems and IoT innovation activities. Before joining Infineon, he was Chief Technology Officer (CTO) and executive committee member at Kontron AG, an international specialist in industrial IoT solutions and embedded systems. He began his career at Philips, before spending more than fifteen years at STMicroelectronics, where he held various general management positions in the Connected Home division, as well as in R&D, embedded systems, product development and operational unit management. Reported Earnings • Nov 21
First half 2026 earnings released: €1.88 loss per share (vs €0.38 profit in 1H 2025) First half 2026 results: €1.88 loss per share (down from €0.38 profit in 1H 2025). Revenue: €230.7m (down 32% from 1H 2025). Net loss: €66.9m (down €80.4m from profit in 1H 2025). Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 25% growth forecast for the Semiconductor industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 48% per year whereas the company’s share price has fallen by 47% per year. Ankündigung • Nov 21
Soitec SA Provides Revenue Guidance for the Third Quarter of 2026 Soitec SA provided revenue guidance for the third quarter of 2026. For the quarter, the company revenue is expected to grow mid-to-high single-digit sequentially, organic. Buy Or Sell Opportunity • Nov 20
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 36% to €24.55. The fair value is estimated to be €30.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.1% over the last 3 years. Earnings per share has declined by 48%. For the next 3 years, revenue is forecast to grow by 7.6% per annum. Earnings are also forecast to grow by 43% per annum over the same time period. New Risk • Nov 20
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 32% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.3% net profit margin). Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €38.02, the stock trades at a forward P/E ratio of 61x. Average forward P/E is 20x in the Semiconductor industry in Europe. Total loss to shareholders of 69% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €24.23 per share. Valuation Update With 7 Day Price Move • Oct 03
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €44.58, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 21x in the Semiconductor industry in Europe. Total loss to shareholders of 64% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €22.66 per share. Valuation Update With 7 Day Price Move • Sep 18
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €36.35, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 20x in the Semiconductor industry in Europe. Total loss to shareholders of 72% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €22.65 per share. Ankündigung • Jun 14
Soitec SA, Annual General Meeting, Jul 22, 2025 Soitec SA, Annual General Meeting, Jul 22, 2025. Location: 52 rue de la victoire, paris France Valuation Update With 7 Day Price Move • Jun 03
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to €42.11, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 13x in the Semiconductor industry in Europe. Total loss to shareholders of 76% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €28.60 per share. Reported Earnings • May 28
Full year 2025 earnings released: EPS: €2.55 (vs €4.99 in FY 2024) Full year 2025 results: EPS: €2.55 (down from €4.99 in FY 2024). Revenue: €891.0m (down 8.9% from FY 2024). Net income: €91.0m (down 49% from FY 2024). Profit margin: 10% (down from 18% in FY 2024). Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Semiconductor industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has fallen by 36% per year, which means it is performing significantly worse than earnings. Ankündigung • May 26
Soitec SA to Report Fiscal Year 2026 Results on May 27, 2026 Soitec SA announced that they will report fiscal year 2026 results on May 27, 2026 Valuation Update With 7 Day Price Move • May 13
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €58.11, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 16x in the Semiconductor industry in Europe. Total loss to shareholders of 66% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €49.12 per share. Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €41.39, the stock trades at a forward P/E ratio of 13x. Average trailing P/E is 13x in the Semiconductor industry in Europe. Total loss to shareholders of 73% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €49.46 per share. Ankündigung • Mar 24
Soitec SA(ENXTPA:SOI) dropped from FTSE All-World Index (USD) Soitec SA(ENXTPA:SOI) dropped from FTSE All-World Index (USD) New Risk • Feb 06
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 8.5% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.5% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (12% net profit margin). Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment deteriorates as stock falls 29% After last week's 29% share price decline to €58.30, the stock trades at a forward P/E ratio of 13x. Average trailing P/E is 17x in the Semiconductor industry in Europe. Total loss to shareholders of 63% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €67.94 per share. Buy Or Sell Opportunity • Jan 29
Now 28% overvalued after recent price rise Over the last 90 days, the stock has risen 22% to €87.69. The fair value is estimated to be €68.48, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years. Earnings per share has declined by 6.1%. For the next 3 years, revenue is forecast to grow by 14% per annum. Earnings are also forecast to grow by 25% per annum over the same time period. Ankündigung • Jan 18
Soitec Announces Management Changes Soitec announced the appointment of Ruth Hernandez as Chief Sales Officer. She will join the Executive Committee with responsibility for driving Soitec’s commercial success. With a proven track record in the semiconductor industry, Ruth Hernandez brings 25 years of experience working with major semiconductor companies such as Texas Instruments, Maxim Integrated and GlobalFoundries across five countries. She will play a key role in driving the next chapter of Soitec’s long-term growth strategy and strengthening Soitec’s customer networks. Ruth succeeds Yvon Pastol who will leave the company on January 31, 2024 after having led the global Sales organization since August 2020. Valuation Update With 7 Day Price Move • Nov 27
Investor sentiment improves as stock rises 30% After last week's 30% share price gain to €83.93, the stock trades at a forward P/E ratio of 17x. Average trailing P/E is 15x in the Semiconductor industry in Europe. Total loss to shareholders of 65% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €76.13 per share. New Risk • Nov 26
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Profit margins are more than 30% lower than last year (12% net profit margin). Reported Earnings • Nov 22
First half 2025 earnings released: EPS: €0.38 (vs €2.24 in 1H 2024) First half 2025 results: EPS: €0.38 (down from €2.24 in 1H 2024). Revenue: €337.7m (down 16% from 1H 2024). Net income: €13.6m (down 83% from 1H 2024). Profit margin: 4.0% (down from 20% in 1H 2024). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Semiconductor industry in Europe. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 32% per year, which means it is performing significantly worse than earnings. Ankündigung • Nov 21
Soitec SA Announces Chairman of the Board of Directors Chairman Soitec SA announced the appointment of Frédéric Lissalde as Chairman of the Board of Directors, during a meeting of the Board of Directors on November 20, 2024, upon the recommendation of the Compensation and Nominations and Remuneration Committee, in charge of the process of recruitment and succession of directors. Frédéric Lissalde will continue to serve as Chairman of the Strategic Committee and as member of the Audit and Risks Committee of Soitec. After he leaves his current executive roles, he will succeed Christophe Gégout as Chairman of Soitec’s Board of Directors, effective from March 1st, 2025 for the remainder of his term of office as director. The Board also announces that, as of that date, Christophe Gégout will resume his former roles as Referent Director and Chairman of the Audit and Risks Committee and he will continue to serve on the Strategic and ESG Committees. Since his appointment as director following the Annual General Meeting held on July 23, 2024, Frédéric Lissalde has had the opportunity to deepen his understanding of Soitec and the industry’s challenges. The Board of Directors is confident that Frédéric Lissalde will play a key role in Soitec’s development and strategy execution, accelerating its potential growth in all markets, due to his leadership, industry experience and governance expertise. New Risk • Nov 21
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 12% Last year net profit margin: 21% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. This is currently the only risk that has been identified for the company. Buy Or Sell Opportunity • Oct 22
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 33% to €79.81. The fair value is estimated to be €100, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 18%. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings are also forecast to grow by 17% per annum over the same time period. Buy Or Sell Opportunity • Sep 03
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 3.0% to €108. The fair value is estimated to be €135, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 18%. For the next 3 years, revenue is forecast to grow by 14% per annum. Earnings are also forecast to grow by 19% per annum over the same time period. Buy Or Sell Opportunity • Aug 08
Now 21% undervalued Over the last 90 days, the stock has risen 7.8% to €108. The fair value is estimated to be €136, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 18%. For the next 3 years, revenue is forecast to grow by 14% per annum. Earnings are also forecast to grow by 19% per annum over the same time period. Ankündigung • Jul 25
Soitec Approves Appointment of Frédéric Lissalde as New Independent Director and Committee Changes Soitec at its Annual General Meeting held on July 23, 2024, approved appointment of Frédéric Lissalde as a new Independent Director for a three-year period. Subsequent to the Annual General Meeting, the Board of Directors decided to appoint Frédéric Lissalde as new Chair of the Strategic Committee and new member of the Audit and Risks Committee in replacement of Eric Meurice. Ankündigung • May 25
Soitec SA Provides Revenue Guidance for the First Half 2025, Second Half 2025 and Fiscal Year 2025 Soitec SA provided revenue guidance for the first half 2025, second half 2025 and fiscal year 2025. For the period, Company expects revenue to be stable year on year at constant exchange rates and perimeter as compared to FY’24. First half 2025 revenue is expected to decline by around 15% year-on-year, at constant exchange rates and perimeter, with a low point expected in first quarter 2025. The company then anticipates revenue to rebound in the second half of fiscal year 2025, driven by the recovery of the RF-SOI activity following the end of the inventory correction. Reported Earnings • May 24
Full year 2024 earnings released: EPS: €4.99 (vs €6.60 in FY 2023) Full year 2024 results: EPS: €4.99 (down from €6.60 in FY 2023). Revenue: €978.0m (down 10% from FY 2023). Net income: €178.0m (down 23% from FY 2023). Profit margin: 18% (down from 21% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Semiconductor industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Apr 13
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 37% to €91.91. The fair value is estimated to be €116, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 33%. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings are also forecast to grow by 13% per annum over the same time period. New Risk • Mar 29
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (25% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change). Valuation Update With 7 Day Price Move • Mar 29
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to €95.80, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 18x in the Semiconductor industry in the United Kingdom. Total loss to shareholders of 47% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €126 per share. Buy Or Sell Opportunity • Mar 29
Now 24% undervalued after recent price drop Over the last 90 days, the stock has fallen 41% to €95.80. The fair value is estimated to be €126, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 33%. For the next 3 years, revenue is forecast to grow by 15% per annum. Earnings are also forecast to grow by 17% per annum over the same time period. Ankündigung • Feb 08
Soitec SA Provides Revenue Guidance of Year 2024 Soitec SA provided revenue guidance of year 2024. For the period, the company revenue is expected to be down around 10% year-on-year at constant exchange rates and perimeter as opposed to a mid-single digit decrease previously expected. Reported Earnings • Nov 18
First half 2024 earnings released: EPS: €2.24 (vs €2.71 in 1H 2023) First half 2024 results: EPS: €2.24 (down from €2.71 in 1H 2023). Revenue: €401.4m (down 15% from 1H 2023). Net income: €79.7m (down 16% from 1H 2023). Profit margin: 20% (in line with 1H 2023). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Semiconductor industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. New Risk • Aug 05
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.3% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (20% accrual ratio). Minor Risk Shareholders have been diluted in the past year (2.3% increase in shares outstanding). Valuation Update With 7 Day Price Move • Jul 14
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €171, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 20x in the Semiconductor industry in Europe. Total returns to shareholders of 68% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €139 per share. New Risk • Jun 19
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 20% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. This is currently the only risk that has been identified for the company. Ankündigung • Jun 08
Soitec S.A. Provides Earnings Guidance for the Fiscal Year 2026 Soitec S.A. provided earnings guidance for the fiscal year 2026. For the year, the company confirmed revenue target of around USD 2.1 billion. Reported Earnings • Jun 08
Full year 2023 earnings released: EPS: €6.60 (vs €5.99 in FY 2022) Full year 2023 results: EPS: €6.60 (up from €5.99 in FY 2022). Revenue: €1.09b (up 26% from FY 2022). Net income: €232.0m (up 15% from FY 2022). Profit margin: 21% (down from 23% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Semiconductor industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Ankündigung • May 10
Soitec S.A., Annual General Meeting, Jul 25, 2023 Soitec S.A., Annual General Meeting, Jul 25, 2023. Valuation Update With 7 Day Price Move • Apr 27
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €129, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 20x in the Semiconductor industry in Europe. Total returns to shareholders of 55% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €129 per share. Buying Opportunity • Feb 07
Now 21% undervalued Over the last 90 days, the stock is up 2.1%. The fair value is estimated to be €177, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 30%. For the next 3 years, revenue is forecast to grow by 19% per annum. Earnings is also forecast to grow by 24% per annum over the same time period. Ankündigung • Jan 26
Soitec S.A. Expects Earnings Guidance for the Fiscal Years 2023 Soitec continues to anticipate FY’23 revenue to grow around 20% at constant exchange rates and perimeter, and FY’23 EBITDA margin to reach around 36%. Reported Earnings • Nov 26
First half 2023 earnings released: EPS: €2.71 (vs €2.24 in 1H 2022) First half 2023 results: EPS: €2.71 (up from €2.24 in 1H 2022). Revenue: €470.6m (up 26% from 1H 2022). Net income: €94.8m (up 27% from 1H 2022). Profit margin: 20% (in line with 1H 2022). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 37% growth forecast for the Semiconductor industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Nov 10
Investor sentiment improved over the past week After last week's 15% share price gain to €144, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 20x in the Semiconductor industry in Europe. Total returns to shareholders of 38% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €231 per share. Valuation Update With 7 Day Price Move • Jul 04
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €123, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 20x in the Semiconductor industry in Europe. Total returns to shareholders of 32% over the past three years. Valuation Update With 7 Day Price Move • Jun 16
Investor sentiment deteriorated over the past week After last week's 17% share price decline to €144, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 21x in the Semiconductor industry in Europe. Total returns to shareholders of 52% over the past three years. Reported Earnings • Jun 09
Full year 2022 earnings released: EPS: €5.99 (vs €2.23 in FY 2021) Full year 2022 results: EPS: €5.99 (up from €2.23 in FY 2021). Revenue: €863.0m (up 48% from FY 2021). Net income: €202.0m (up 173% from FY 2021). Profit margin: 23% (up from 13% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 16%, compared to a 59% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Buying Opportunity • Mar 04
Now 25% undervalued after recent price drop Over the last 90 days, the stock is down 38%. The fair value is estimated to be €180, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% per annum over the last 3 years. Earnings per share has been flat over the last 3 years. Buying Opportunity • Feb 11
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 34%. The fair value is estimated to be €193, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% per annum over the last 3 years. Earnings per share has been flat over the last 3 years. Buying Opportunity • Jan 24
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 25%. The fair value is estimated to be €202, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% per annum over the last 3 years. Earnings per share has been flat over the last 3 years. Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment deteriorated over the past week After last week's 22% share price decline to €168, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 29x in the Semiconductor industry in Europe. Total returns to shareholders of 151% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €163 per share. Reported Earnings • Dec 03
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: EPS: €2.24 (up from €0.67 in 1H 2021). Revenue: €373.1m (up 47% from 1H 2021). Net income: €74.5m (up 235% from 1H 2021). Profit margin: 20% (up from 8.7% in 1H 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 32%, compared to a 96% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 64% per year, which means it is well ahead of earnings. Reported Earnings • Jul 09
Full year 2021 earnings released: EPS €2.23 (vs €3.43 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: €583.8m (down 2.3% from FY 2020). Net income: €74.1m (down 33% from FY 2020). Profit margin: 13% (down from 19% in FY 2020). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 35% per year, which means it is well ahead of earnings. Reported Earnings • Jun 11
Full year 2021 earnings released The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: €583.8m (down 2.3% from FY 2020). Net income: €74.1m (down 33% from FY 2020). Profit margin: 13% (down from 19% in FY 2020). The decrease in margin was primarily driven by higher expenses. Is New 90 Day High Low • Feb 12
New 90-day high: €181 The company is up 33% from its price of €136 on 13 November 2020. The British market is up 5.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 37% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €138 per share. Is New 90 Day High Low • Jan 08
New 90-day high: €166 The company is up 26% from its price of €132 on 09 October 2020. The British market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 24% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €134 per share. Is New 90 Day High Low • Dec 22
New 90-day high: €156 The company is up 26% from its price of €124 on 23 September 2020. The British market is up 9.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 27% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €134 per share. Is New 90 Day High Low • Dec 04
New 90-day high: €152 The company is up 41% from its price of €108 on 04 September 2020. The British market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €110 per share. Reported Earnings • Nov 22
First half 2021 earnings released: EPS €0.67 The company reported a poor first half result with weaker earnings, revenues and profit margins. First half 2021 results: Revenue: €254.4m (down 1.6% from 1H 2020). Net income: €22.2m (down 47% from 1H 2020). Profit margin: 8.7% (down from 16% in 1H 2020). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth. Is New 90 Day High Low • Nov 05
New 90-day high: €136 The company is up 31% from its price of €104 on 07 August 2020. The British market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €111 per share. Is New 90 Day High Low • Oct 10
New 90-day high: €132 The company is up 23% from its price of €107 on 10 July 2020. The British market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €105 per share.