Price Target Changed • May 20
Price target increased by 21% to €97.94 Up from €80.75, the current price target is an average from 8 analysts. New target price is 13% above last closing price of €87.00. Stock is up 130% over the past year. The company is forecast to post earnings per share of €1.99 for next year compared to €2.59 last year. Declared Dividend • May 20
Dividend of €0.04 announced Shareholders will receive a dividend of €0.04. Ex-date: 4th June 2026 Payment date: 8th June 2026 Dividend yield will be 0.05%, which is lower than the industry average of 1.1%. Annonce • Apr 22
SUSS MicroTec SE, Annual General Meeting, Jun 03, 2026 SUSS MicroTec SE, Annual General Meeting, Jun 03, 2026, at 10:00 W. Europe Standard Time. Annonce • Mar 31
SUSS MicroTec SE announces Annual dividend, payable on June 08, 2026 SUSS MicroTec SE announced Annual dividend of EUR 0.0400 per share payable on June 08, 2026, ex-date on June 04, 2026 and record date on June 05, 2026. Valuation Update With 7 Day Price Move • Jan 07
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to €46.66, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 23x in the Semiconductor industry in Germany. Total returns to shareholders of 163% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €20.72 per share. Price Target Changed • Aug 18
Price target decreased by 8.5% to €46.16 Down from €50.46, the current price target is an average from 8 analysts. New target price is 68% above last closing price of €27.54. Stock is down 52% over the past year. The company is forecast to post earnings per share of €2.60 for next year compared to €2.72 last year. Annonce • Jun 05
Annual General Meeting Approves Dividend for the 2024 Financial Year SUSS MicroTec SE resolved to distribute a dividend of €0.30 per share for the 2024 financial year, a 50% increase compared to the previous year, which corresponds to a total dividend payout of €5.7 million. Annonce • May 27
Suss MicroTec SE Introduces the XBC300 Gen2 D2W Platform SUSS MicroTec SE introduced the XBC300 Gen2 D2W platform - a customized bonding solution that completes the company's hybrid bonding portfolio. This new platform underscores SUSS' position as an industry leader in providing a fully integrated D2W hybrid bonding solution for demanding manufacturing requirements. The new SUSS process solution enables die-to-wafer (D2W) bonding on 200mm and 300mm substrates and meets the most demanding inter-die spacing requirements. It is an ideal platform to produce high-precision chips due to footprint savings of up to 40% and a post-bond accuracy of < +-200 nm. With the integrated platform, all process steps, in particular surface activation and die positioning, are carried out in a single, fully automated solution. The integration ensures greater cleanliness and improved process control compared to modular competitor solutions. D2W bonding is an advanced semiconductor manufacturing process that precisely dielectrically and metallically bonds individual chips together on wafers to create highly precise, stable and conductive tracks. The new SUSS platform is ideal for 3D IC technologies for efficient processing of multiple die layers on top of each other, for example in high-bandwidth memory (HBM) applications. The XBC300 Gen2 D 2W platform, which is already available for customer demonstrations at the Application Center in Sternenfels, Germany, was developed in close collaboration with SET Corporation SA, a leading specialist in flip-chip bonders. The integration of SET's ultra-precision die bonder into the SUSS platform creates a powerful, fully integrated platform that meets the needs of the industry in research, development and high-volume manufacturing. Annonce • Apr 19
SÜSS MicroTec SE, Annual General Meeting, Jun 03, 2025 SÜSS MicroTec SE, Annual General Meeting, Jun 03, 2025, at 10:00 W. Europe Standard Time. Annonce • Mar 28
SÜSS MicroTec SE announces Annual dividend, payable on June 06, 2025 SÜSS MicroTec SE announced Annual dividend of EUR 0.3000 per share payable on June 06, 2025, ex-date on June 04, 2025 and record date on June 05, 2025. Price Target Changed • Jan 12
Price target decreased by 9.4% to €66.82 Down from €73.76, the current price target is an average from 9 analysts. New target price is 58% above last closing price of €42.35. Stock is up 49% over the past year. The company is forecast to post earnings per share of €5.29 for next year compared to €0.91 last year. Valuation Update With 7 Day Price Move • Jan 10
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €42.35, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 14x in the Semiconductor industry in Germany. Total returns to shareholders of 118% over the past three years. Price Target Changed • Jan 07
Price target decreased by 7.7% to €70.04 Down from €75.89, the current price target is an average from 9 analysts. New target price is 54% above last closing price of €45.60. Stock is up 72% over the past year. The company is forecast to post earnings per share of €5.29 for next year compared to €0.91 last year. Annonce • Jan 03
SÜSS MicroTec SE to Report Fiscal Year 2024 Results on Mar 27, 2025 SÜSS MicroTec SE announced that they will report fiscal year 2024 results on Mar 27, 2025 New Risk • Nov 08
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 2.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 2.3% per year for the foreseeable future. Minor Risk Share price has been volatile over the past 3 months (8.4% average weekly change). Reported Earnings • Nov 08
Third quarter 2024 earnings: EPS exceeds analyst expectations Third quarter 2024 results: EPS: €0.68 (up from €0.019 in 3Q 2023). Revenue: €102.5m (up 46% from 3Q 2023). Net income: €12.9m (up €12.5m from 3Q 2023). Profit margin: 13% (up from 0.5% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 28%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 30% per year whereas the company’s share price has increased by 28% per year. Buy Or Sell Opportunity • Nov 06
Now 23% undervalued The stock has been flat over the last 90 days, currently trading at €55.20. The fair value is estimated to be €71.23, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 21%. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings are also forecast to grow by 5.6% per annum over the same time period. Valuation Update With 7 Day Price Move • Oct 19
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to €54.70, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Semiconductor industry in Germany. Total returns to shareholders of 155% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €59.55 per share. Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to €67.30, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 12x in the Semiconductor industry in Germany. Total returns to shareholders of 211% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €59.18 per share. Buy Or Sell Opportunity • Sep 05
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 17% to €50.50. The fair value is estimated to be €63.33, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 21%. Revenue is forecast to grow by 31% in 2 years. Earnings are forecast to grow by 92% in the next 2 years. Reported Earnings • Aug 09
Second quarter 2024 earnings: EPS and revenues exceed analyst expectations Second quarter 2024 results: EPS: €0.64 (up from €0.33 in 2Q 2023). Revenue: €99.3m (up 45% from 2Q 2023). Net income: €12.1m (up 91% from 2Q 2023). Profit margin: 12% (up from 9.3% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 15%. Earnings per share (EPS) also surpassed analyst estimates by 75%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to €48.95, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 14x in the Semiconductor industry in Germany. Total returns to shareholders of 95% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €72.48 per share. Buy Or Sell Opportunity • Aug 02
Now 27% undervalued Over the last 90 days, the stock has risen 18% to €54.00. The fair value is estimated to be €73.73, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.7% over the last 3 years. Earnings per share has grown by 17%. Revenue is forecast to grow by 39% in 2 years. Earnings are forecast to grow by 124% in the next 2 years. Price Target Changed • Jul 23
Price target increased by 8.8% to €72.57 Up from €66.71, the current price target is an average from 7 analysts. New target price is 7.5% above last closing price of €67.50. Stock is up 178% over the past year. The company is forecast to post earnings per share of €5.14 for next year compared to €0.91 last year. Valuation Update With 7 Day Price Move • Jul 18
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €58.80, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 16x in the Semiconductor industry in Germany. Total returns to shareholders of 125% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €64.88 per share. Price Target Changed • Jul 11
Price target increased by 9.5% to €66.71 Up from €60.92, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of €65.20. Stock is up 169% over the past year. The company is forecast to post earnings per share of €4.91 for next year compared to €0.91 last year. Valuation Update With 7 Day Price Move • Jul 01
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €64.30, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 14x in the Semiconductor industry in Germany. Total returns to shareholders of 139% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €64.50 per share. Price Target Changed • Jun 26
Price target increased by 7.3% to €60.92 Up from €56.75, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of €58.90. Stock is up 128% over the past year. The company is forecast to post earnings per share of €4.28 for next year compared to €0.91 last year. Valuation Update With 7 Day Price Move • Jun 10
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €63.10, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Semiconductor industry in Germany. Total returns to shareholders of 156% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €61.81 per share. Upcoming Dividend • Jun 05
Upcoming dividend of €0.20 per share Eligible shareholders must have bought the stock before 12 June 2024. Payment date: 14 June 2024. Payout ratio is a comfortable 15% but the company is not cash flow positive. Trailing yield: 0.4%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (1.0%). Valuation Update With 7 Day Price Move • May 20
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €55.50, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 19x in the Semiconductor industry in Germany. Total returns to shareholders of 126% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €56.97 per share. Price Target Changed • May 14
Price target increased by 8.6% to €50.60 Up from €46.60, the current price target is an average from 5 analysts. New target price is 5.7% above last closing price of €47.85. Stock is up 123% over the past year. The company is forecast to post earnings per share of €4.47 for next year compared to €0.91 last year. New Risk • May 09
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 24% 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. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (24% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (8.1% average weekly change). Valuation Update With 7 Day Price Move • Apr 24
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €45.70, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 13x in the Semiconductor industry in Germany. Total returns to shareholders of 65% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €59.68 per share. Price Target Changed • Apr 19
Price target increased by 9.5% to €43.80 Up from €40.00, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of €42.90. Stock is up 72% over the past year. The company is forecast to post earnings per share of €4.61 for next year compared to €0.91 last year. Price Target Changed • Apr 15
Price target increased by 13% to €42.40 Up from €37.60, the current price target is an average from 5 analysts. New target price is 7.9% above last closing price of €39.30. Stock is up 61% over the past year. The company is forecast to post earnings per share of €3.74 for next year compared to €0.91 last year. Reported Earnings • Mar 28
Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2023 results: EPS: €0.91 (down from €1.28 in FY 2022). Revenue: €304.3m (up 1.7% from FY 2022). Net income: €17.3m (down 29% from FY 2022). Profit margin: 5.7% (down from 8.2% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 9.6%. Earnings per share (EPS) missed analyst estimates by 67%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Price Target Changed • Mar 28
Price target increased by 7.2% to €40.00 Up from €37.30, the current price target is an average from 5 analysts. New target price is 5.1% above last closing price of €38.05. Stock is up 73% over the past year. The company is forecast to post earnings per share of €0.75 for next year compared to €1.28 last year. Price Target Changed • Feb 28
Price target increased by 8.4% to €35.90 Up from €33.12, the current price target is an average from 5 analysts. New target price is 10% below last closing price of €40.00. Stock is up 86% over the past year. The company is forecast to post earnings per share of €0.84 for next year compared to €1.28 last year. Valuation Update With 7 Day Price Move • Feb 28
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €40.90, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 18x in the Semiconductor industry in Germany. Total returns to shareholders of 79% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €38.53 per share. Price Target Changed • Feb 16
Price target increased by 11% to €33.12 Up from €29.80, the current price target is an average from 5 analysts. New target price is 9.5% below last closing price of €36.60. Stock is up 68% over the past year. The company is forecast to post earnings per share of €0.84 for next year compared to €1.28 last year. Valuation Update With 7 Day Price Move • Jan 26
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €31.30, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 18x in the Semiconductor industry in Germany. Total returns to shareholders of 42% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €34.15 per share. Price Target Changed • Jan 22
Price target increased by 8.9% to €30.92 Up from €28.40, the current price target is an average from 5 analysts. New target price is 9.8% above last closing price of €28.15. Stock is up 48% over the past year. The company is forecast to post earnings per share of €0.84 for next year compared to €1.28 last year. Annonce • Jan 16
Focuslight (HK) Investment Management Co. Ltd. completed the acquisition of Suss Microoptics S.A. from SÜSS MicroTec SE (XTRA:SMHN). Focuslight (HK) Investment Management Co. Ltd signed an agreement to acquire SUSS MicroOptics SA from SÜSS MicroTec SE (XTRA:SMHN) for €75.5 million on November 8, 2023. The transaction volume includes the acquisition of all shares of SUSS MicroOptics and the redemption of financial debt. Upon completion, SUSS MicroTec group is expected to gain extraordinary income before taxes in a range of around €40 to 45 million. SUSS MicroOptics has a contributed sales in the amount of €39.2 million. The transaction is subject to pending approvals and it is expected to be completed in the first quarter of 2024.
Focuslight (HK) Investment Management Co. Ltd. completed the acquisition of Suss Microoptics S.A. from SÜSS MicroTec SE (XTRA:SMHN) on January 16, 2024. Annonce • Jan 06
SÜSS MicroTec SE, Annual General Meeting, Jun 11, 2024 SÜSS MicroTec SE, Annual General Meeting, Jun 11, 2024. Reported Earnings • Nov 10
Third quarter 2023 earnings released: €0.06 loss per share (vs €0.19 profit in 3Q 2022) Third quarter 2023 results: €0.06 loss per share (down from €0.19 profit in 3Q 2022). Revenue: €70.0m (flat on 3Q 2022). Net income: €378.0k (down 90% from 3Q 2022). Profit margin: 0.5% (down from 5.1% in 3Q 2022). Revenue is forecast to grow 10.0% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Nov 09
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to €22.25, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 15x in the Semiconductor industry in Germany. Total returns to shareholders of 41% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €15.00 per share. Annonce • Nov 09
Focuslight (HK) Investment Management Co. Ltd signed an agreement to acquire SUSS MicroOptics SA from SÜSS MicroTec SE (XTRA:SMHN) for €75.5 million. Focuslight (HK) Investment Management Co. Ltd signed an agreement to acquire SUSS MicroOptics SA from SÜSS MicroTec SE (XTRA:SMHN) for €75.5 million on October 8, 2023. The transaction volume includes the acquisition of all shares of SUSS MicroOptics and the redemption of financial debt. Upon completion, SUSS MicroTec group is expected to gain extraordinary income before taxes in a range of around €40 to 45 million. SUSS MicroOptics has a contributed sales in the amount of €39.2 million. The transaction is subject to pending approvals and it is expected to be completed in the first quarter of 2024. Price Target Changed • Oct 26
Price target decreased by 15% to €26.00 Down from €30.60, the current price target is an average from 5 analysts. New target price is 42% above last closing price of €18.26. Stock is up 57% over the past year. The company is forecast to post earnings per share of €0.80 for next year compared to €1.28 last year. New Risk • Oct 25
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 German stocks, typically moving 6.7% 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Oct 25
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €18.26, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 13x in the Semiconductor industry in Germany. Total returns to shareholders of 22% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €18.26 per share. Annonce • Aug 04
SÜSS MicroTec SE Revises Earnings Guidance for the Full Year 2023 SÜSS MicroTec SE revised earnings guidance for the full year 2023. For the year, the company is now assuming that it will achieve Group sales within a range of EUR 320 million to EUR 340 million. Previously, EUR 320 million to EUR 360 million had been anticipated. Reported Earnings • Aug 04
Second quarter 2023 earnings released: EPS: €0.21 (vs €0.11 in 2Q 2022) Second quarter 2023 results: EPS: €0.21 (up from €0.11 in 2Q 2022). Revenue: €74.1m (up 21% from 2Q 2022). Net income: €4.07m (up 86% from 2Q 2022). Profit margin: 5.5% (up from 3.6% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. New Risk • Jun 30
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 German stocks, typically moving 6.8% 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • May 31
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €26.35, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 17x in the Semiconductor industry in Germany. Total returns to shareholders of 156% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €12.12 per share. Upcoming Dividend • May 25
Upcoming dividend of €0.20 per share at 0.8% yield Eligible shareholders must have bought the stock before 01 June 2023. Payment date: 05 June 2023. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (1.1%). Reported Earnings • May 14
First quarter 2023 earnings: EPS misses analyst expectations First quarter 2023 results: EPS: €0.11 (up from €0.07 in 1Q 2022). Revenue: €70.4m (up 11% from 1Q 2022). Net income: €2.10m (up 48% from 1Q 2022). Profit margin: 3.0% (up from 2.2% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 31%. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth. Price Target Changed • Apr 06
Price target increased by 8.4% to €29.00 Up from €26.75, the current price target is an average from 4 analysts. New target price is 22% above last closing price of €23.85. Stock is up 51% over the past year. The company is forecast to post earnings per share of €1.44 for next year compared to €1.28 last year. Reported Earnings • Apr 02
Full year 2022 earnings: EPS exceeds analyst expectations Full year 2022 results: EPS: €1.28 (up from €0.84 in FY 2021). Revenue: €299.1m (up 14% from FY 2021). Net income: €24.5m (up 53% from FY 2021). Profit margin: 8.2% (up from 6.1% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 31%. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 56% per year, which means it is significantly lagging earnings growth. Price Target Changed • Mar 14
Price target increased by 7.0% to €26.75 Up from €25.00, the current price target is an average from 4 analysts. New target price is 30% above last closing price of €20.60. Stock is up 31% over the past year. The company is forecast to post earnings per share of €0.98 for next year compared to €0.84 last year. Price Target Changed • Feb 06
Price target increased by 8.2% to €26.25 Up from €24.25, the current price target is an average from 4 analysts. New target price is 32% above last closing price of €19.88. Stock is up 14% over the past year. The company is forecast to post earnings per share of €0.97 for next year compared to €0.84 last year. Valuation Update With 7 Day Price Move • Jan 10
Investor sentiment improved over the past week After last week's 17% share price gain to €17.50, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 15x in the Semiconductor industry in Germany. Total returns to shareholders of 42% over the past three years. Valuation Update With 7 Day Price Move • Oct 01
Investor sentiment deteriorated over the past week After last week's 17% share price decline to €9.79, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 12x in the Semiconductor industry in Germany. Total returns to shareholders of 27% over the past three years. Reported Earnings • Aug 05
Second quarter 2022 earnings released: EPS: €0.11 (vs €0.22 in 2Q 2021) Second quarter 2022 results: EPS: €0.11 (down from €0.22 in 2Q 2021). Revenue: €61.5m (down 6.6% from 2Q 2021). Net income: €2.19m (down 49% from 2Q 2021). Profit margin: 3.6% (down from 6.5% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 11%, compared to a 9.7% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 14
First quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat First quarter 2022 results: EPS: €0.07 (up from €0.04 in 1Q 2021). Revenue: €63.3m (up 20% from 1Q 2021). Net income: €1.42m (up 83% from 1Q 2021). Profit margin: 2.2% (up from 1.5% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 9.8%, compared to a 14% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 01
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: €0.84 (up from €0.65 in FY 2020). Revenue: €263.4m (up 4.5% from FY 2020). Net income: €16.0m (up 30% from FY 2020). Profit margin: 6.1% (up from 4.9% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Over the next year, revenue is forecast to grow 14%, compared to a 16% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment deteriorated over the past week After last week's 18% share price decline to €15.30, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 21x in the Semiconductor industry in Germany. Total returns to shareholders of 54% over the past three years. Price Target Changed • Jan 13
Price target decreased to €28.75 Down from €31.25, the current price target is an average from 4 analysts. New target price is 51% above last closing price of €18.98. Stock is down 13% over the past year. The company is forecast to post earnings per share of €1.02 for next year compared to €0.65 last year. Reported Earnings • Nov 12
Third quarter 2021 earnings released: EPS €0.37 (vs €0.24 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €70.0m (up 16% from 3Q 2020). Net income: €7.08m (up 56% from 3Q 2020). Profit margin: 10% (up from 7.5% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 06
Second quarter 2021 earnings released: EPS €0.22 (vs €0.30 in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €65.8m (down 8.0% from 2Q 2020). Net income: €4.27m (down 26% from 2Q 2020). Profit margin: 6.5% (down from 8.0% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • May 14
First quarter 2021 earnings released: EPS €0.04 (vs €0.28 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €52.6m (up 26% from 1Q 2020). Net income: €775.0k (up €6.16m from 1Q 2020). Profit margin: 1.5% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. Price Target Changed • May 09
Price target increased to €31.25 Up from €28.83, the current price target is an average from 2 analysts. New target price is 17% above last closing price of €26.75. Stock is up 194% over the past year. Is New 90 Day High Low • Feb 02
New 90-day high: €23.70 The company is up 42% from its price of €16.68 on 04 November 2020. The German market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 41% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €16.19 per share. Price Target Changed • Jan 16
Price target raised to €22.00 Up from €19.33, the current price target is an average from 3 analysts. The new target price is close to the current share price of €22.40. As of last close, the stock is up 75% over the past year. Is New 90 Day High Low • Jan 13
New 90-day high: €21.00 The company is up 37% from its price of €15.38 on 15 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed 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 €13.41 per share. Price Target Changed • Jan 12
Price target raised to €20.33 Up from €18.25, the current price target is an average from 3 analysts. The new target price is close to the current share price of €19.66. As of last close, the stock is up 58% over the past year.