View ValuationSiltronic 将来の成長Future 基準チェック /16Siltronic利益と収益がそれぞれ年間29.8%と8.2%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に-4.3% 29.2%なると予測されています。主要情報29.8%収益成長率29.20%EPS成長率Semiconductor 収益成長30.4%収益成長率8.2%将来の株主資本利益率-4.32%アナリストカバレッジGood最終更新日08 May 2026今後の成長に関する最新情報Price Target Changed • May 20Price target increased by 10% to €69.90Up from €63.30, the current price target is an average from 10 analysts. New target price is 20% below last closing price of €87.20. Stock is up 137% over the past year. The company is forecast to post a net loss per share of €7.46 next year compared to a net loss per share of €2.31 last year.お知らせ • Feb 14Siltronic AG Provides Earnings Guidance for Financial Year 2026Siltronic AG provided earnings guidance for financial year 2026. Due to the continued weakness of the US dollar against the euro, a declining 200 mm wafer demand, the ongoing price pressure outside of long-term agreements, and the first full-year effect of the SD closure, the company expects sales in the mid-single-digit percent range below the previous year (exchange rate assumption: EUR/USD 1.18) and significant decrease in EBIT compared to the previous year.お知らせ • May 02Siltronic AG Reaffirms Earnings Guidance for the First Half and Full Year of Financial Year 2025Siltronic AG reaffirmed earnings guidance for the first half and full year of financial year 2025. For the first half 2025 sales expected to be in the mid to high single-digit percentage range below second half of 2024. The sales guidance for the full year 2025 remains unchanged, although it is not yet possible to estimate the impact of American tariff policies and the corresponding countermeasures on expected end-market growth and FX rates for the remainder of the year (assumption for guidance: EUR/USD 1.08). The company also expects EBIT to have a significant decline.Price Target Changed • Jan 10Price target increased by 7.0% to €91.60Up from €85.60, the current price target is an average from 10 analysts. New target price is approximately in line with last closing price of €90.35. Stock is up 16% over the past year. The company is forecast to post earnings per share of €5.95 for next year compared to €13.02 last year.Price Target Changed • Nov 03Price target decreased to €75.67Down from €84.22, the current price target is an average from 9 analysts. New target price is 21% above last closing price of €62.40. Stock is down 54% over the past year. The company is forecast to post earnings per share of €12.45 for next year compared to €8.44 last year.Price Target Changed • Oct 30Price target decreased to €81.00Down from €87.67, the current price target is an average from 9 analysts. New target price is 23% above last closing price of €65.90. Stock is down 51% over the past year. The company is forecast to post earnings per share of €12.30 for next year compared to €8.44 last year.すべての更新を表示Recent updatesPrice Target Changed • May 20Price target increased by 10% to €69.90Up from €63.30, the current price target is an average from 10 analysts. New target price is 20% below last closing price of €87.20. Stock is up 137% over the past year. The company is forecast to post a net loss per share of €7.46 next year compared to a net loss per share of €2.31 last year.お知らせ • Mar 30Siltronic AG, Annual General Meeting, May 08, 2026Siltronic AG, Annual General Meeting, May 08, 2026, at 10:00 W. Europe Standard Time.お知らせ • Feb 14Siltronic AG Provides Earnings Guidance for Financial Year 2026Siltronic AG provided earnings guidance for financial year 2026. Due to the continued weakness of the US dollar against the euro, a declining 200 mm wafer demand, the ongoing price pressure outside of long-term agreements, and the first full-year effect of the SD closure, the company expects sales in the mid-single-digit percent range below the previous year (exchange rate assumption: EUR/USD 1.18) and significant decrease in EBIT compared to the previous year.お知らせ • Oct 22Siltronic AG to Report Fiscal Year 2025 Results on Feb 03, 2026Siltronic AG announced that they will report fiscal year 2025 results on Feb 03, 2026お知らせ • Jul 03+ 3 more updatesSiltronic AG to Report Fiscal Year 2025 Results on Mar 12, 2026Siltronic AG announced that they will report fiscal year 2025 results on Mar 12, 2026お知らせ • May 14+ 1 more updateSiltronic AG Approves Dividend for the Financial Year 2024Siltronic AG announced that in light of the expected development for the financial year 2025, the Executive Board and Supervisory Board proposed at the Annual General Meeting to distribute a dividend of EUR 0.20 for the financial year 2024 . The shareholders approved this proposal. As a result, a total of EUR 6 million will be distributed to the company’s shareholders, which corresponds to a payout ratio of nearly 10% of the consolidated profit attributable to Siltronic shareholders.お知らせ • May 02Siltronic AG Reaffirms Earnings Guidance for the First Half and Full Year of Financial Year 2025Siltronic AG reaffirmed earnings guidance for the first half and full year of financial year 2025. For the first half 2025 sales expected to be in the mid to high single-digit percentage range below second half of 2024. The sales guidance for the full year 2025 remains unchanged, although it is not yet possible to estimate the impact of American tariff policies and the corresponding countermeasures on expected end-market growth and FX rates for the remainder of the year (assumption for guidance: EUR/USD 1.08). The company also expects EBIT to have a significant decline.お知らせ • Apr 03Siltronic AG, Annual General Meeting, May 12, 2025Siltronic AG, Annual General Meeting, May 12, 2025, at 10:00 W. Europe Standard Time.お知らせ • Feb 04Siltronic AG Proposes Dividend for the Financial Year 2024Siltronic AG decided to suspend the dividend policy for the 2024 financial year. It plans to propose a reduced dividend of EUR 0.20 for the financial year 2024 to the Annual General Meeting on May 12, 2025.New Risk • Oct 28New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 17% 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 Risks Earnings are forecast to decline by an average of 17% per year for the foreseeable future. High level of non-cash earnings (22% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (6.8% net profit margin).Reported Earnings • Oct 24Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: €0.60 (down from €1.10 in 3Q 2023). Revenue: €357.3m (up 2.3% from 3Q 2023). Net income: €17.9m (down 46% from 3Q 2023). Profit margin: 5.0% (down from 9.5% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.1%. Earnings per share (EPS) also surpassed analyst estimates significantly. Revenue is forecast to grow 9.7% 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 fallen by 23% per year and the company’s share price has also fallen by 23% per year.Reported Earnings • Jul 26Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: €0.73 (down from €1.83 in 2Q 2023). Revenue: €351.3m (down 13% from 2Q 2023). Net income: €21.8m (down 60% from 2Q 2023). Profit margin: 6.2% (down from 14% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 6.7%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings.New Risk • Jun 03New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.2% 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 Risks Earnings are forecast to decline by an average of 1.2% per year for the foreseeable future. High level of non-cash earnings (42% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (9.9% net profit margin).お知らせ • May 29+ 4 more updatesSiltronic AG to Report Q1, 2025 Results on Apr 30, 2025Siltronic AG announced that they will report Q1, 2025 results on Apr 30, 2025Upcoming Dividend • May 07Upcoming dividend of €1.20 per shareEligible shareholders must have bought the stock before 14 May 2024. Payment date: 16 May 2024. Payout ratio is a comfortable 20% but the company is not cash flow positive. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (4.6%). Higher than average of industry peers (1.1%).Reported Earnings • May 05First quarter 2024 earnings: EPS exceeds analyst expectationsFirst quarter 2024 results: EPS: €0.86 (down from €2.20 in 1Q 2023). Revenue: €343.5m (down 15% from 1Q 2023). Net income: €25.7m (down 61% from 1Q 2023). Profit margin: 7.5% (down from 16% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates significantly. Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings.New Risk • Apr 18New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 2.5% 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 Risks Earnings are forecast to decline by an average of 2.5% per year for the foreseeable future. High level of non-cash earnings (43% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (12% net profit margin).Reported Earnings • Mar 13Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: €6.15 (down from €13.02 in FY 2022). Revenue: €1.51b (down 16% from FY 2022). Net income: €184.4m (down 53% from FY 2022). Profit margin: 12% (down from 22% in FY 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.9%. Revenue is forecast to grow 9.2% 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 16% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.Declared Dividend • Feb 15Dividend of €1.20 announcedShareholders will receive a dividend of €1.20. Ex-date: 14th May 2024 Payment date: 16th May 2024 Dividend yield will be 1.4%, which is higher than the industry average of 1.1%. Sustainability & Growth Dividend is covered by earnings (35% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.1% per year over the past 6 years. However, payments have been volatile during that time. EPS is expected to decline by 73% over the next 3 years. Since a fall of 62% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk.Price Target Changed • Jan 10Price target increased by 7.0% to €91.60Up from €85.60, the current price target is an average from 10 analysts. New target price is approximately in line with last closing price of €90.35. Stock is up 16% over the past year. The company is forecast to post earnings per share of €5.95 for next year compared to €13.02 last year.Reported Earnings • Nov 04Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2023 results: EPS: €1.10 (down from €3.32 in 3Q 2022). Revenue: €349.1m (down 26% from 3Q 2022). Net income: €33.1m (down 67% from 3Q 2022). Profit margin: 9.5% (down from 21% in 3Q 2022). Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) exceeded analyst estimates by 14%. Revenue is forecast to grow 8.5% 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 26% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.お知らせ • Sep 05+ 5 more updatesSiltronic AG to Report Q1, 2024 Results on May 02, 2024Siltronic AG announced that they will report Q1, 2024 results on May 02, 2024Reported Earnings • Jul 28Second quarter 2023 earnings released: EPS: €1.83 (vs €2.66 in 2Q 2022)Second quarter 2023 results: EPS: €1.83 (down from €2.66 in 2Q 2022). Revenue: €403.7m (down 8.7% from 2Q 2022). Net income: €54.9m (down 31% from 2Q 2022). Profit margin: 14% (down from 18% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 20First quarter 2023 earnings: EPS exceeds analyst expectationsFirst quarter 2023 results: EPS: €2.20 (down from €3.47 in 1Q 2022). Revenue: €404.4m (down 3.0% from 1Q 2022). Net income: €66.1m (down 37% from 1Q 2022). Profit margin: 16% (down from 25% in 1Q 2022). The decrease in margin was primarily driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.3%. Revenue is forecast to grow 7.7% 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 33% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • May 19Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €67.95, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 15x in the Semiconductor industry in Germany. Total loss to shareholders of 7.2% over the past three years.Upcoming Dividend • May 01Upcoming dividend of €3.00 per share at 4.6% yieldEligible shareholders must have bought the stock before 08 May 2023. Payment date: 10 May 2023. Payout ratio is a comfortable 23% but the company is not cash flow positive. Trailing yield: 4.6%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (1.1%).Reported Earnings • Mar 10Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: €13.02 (up from €8.44 in FY 2021). Revenue: €1.81b (up 28% from FY 2021). Net income: €390.6m (up 54% from FY 2021). Profit margin: 22% (up from 18% 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 4.2%. Revenue is forecast to grow 5.3% 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 29% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.お知らせ • Nov 18+ 1 more updateSiltronic AG to Report Q1, 2023 Results on May 11, 2023Siltronic AG announced that they will report Q1, 2023 results on May 11, 2023お知らせ • Nov 15+ 1 more updateSiltronic AG to Report First Half, 2023 Results on Jul 27, 2023Siltronic AG announced that they will report first half, 2023 results on Jul 27, 2023Valuation Update With 7 Day Price Move • Nov 11Investor sentiment improved over the past weekAfter last week's 15% share price gain to €72.95, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 15x in the Semiconductor industry in Germany. Negligible returns to shareholders over past three years.Price Target Changed • Nov 03Price target decreased to €75.67Down from €84.22, the current price target is an average from 9 analysts. New target price is 21% above last closing price of €62.40. Stock is down 54% over the past year. The company is forecast to post earnings per share of €12.45 for next year compared to €8.44 last year.Price Target Changed • Oct 30Price target decreased to €81.00Down from €87.67, the current price target is an average from 9 analysts. New target price is 23% above last closing price of €65.90. Stock is down 51% over the past year. The company is forecast to post earnings per share of €12.30 for next year compared to €8.44 last year.Reported Earnings • Oct 29Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: €3.32 (up from €2.15 in 3Q 2021). Revenue: €474.0m (up 28% from 3Q 2021). Net income: €99.7m (up 55% from 3Q 2021). Profit margin: 21% (up from 17% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.3%. Earnings per share (EPS) also surpassed analyst estimates by 30%. Revenue is forecast to grow 6.2% 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 17% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.Reported Earnings • Jul 30Second quarter 2022 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2022 results: EPS: €2.66 (up from €1.83 in 2Q 2021). Revenue: €442.2m (up 30% from 2Q 2021). Net income: €79.9m (up 46% from 2Q 2021). Profit margin: 18% (up from 16% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) also surpassed analyst estimates by 11%. Over the next year, revenue is forecast to grow 11%, compared to a 14% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 5% per year.Price Target Changed • Jul 14Price target decreased to €98.67Down from €110, the current price target is an average from 8 analysts. New target price is 44% above last closing price of €68.45. Stock is down 52% over the past year. The company is forecast to post earnings per share of €10.89 for next year compared to €8.44 last year.Price Target Changed • Jul 11Price target decreased to €106Down from €116, the current price target is an average from 8 analysts. New target price is 50% above last closing price of €70.70. Stock is down 50% over the past year. The company is forecast to post earnings per share of €10.73 for next year compared to €8.44 last year.Reported Earnings • May 11First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: €3.47 (up from €1.67 in 1Q 2021). Revenue: €417.0m (up 32% from 1Q 2021). Net income: €104.2m (up 108% from 1Q 2021). Profit margin: 25% (up from 16% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.7%. Earnings per share (EPS) also surpassed analyst estimates by 58%. Over the next year, revenue is forecast to grow 14%, compared to a 12% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Upcoming Dividend • May 01Upcoming dividend of €3.00 per shareEligible shareholders must have bought the stock before 06 May 2022. Payment date: 10 May 2022. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (4.0%). Higher than average of industry peers (1.1%).Reported Earnings • Oct 28Third quarter 2021 earnings releasedThe company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €371.6m (up 24% from 3Q 2020). Net income: €64.5m (up 100% from 3Q 2020). Profit margin: 17% (up from 11% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.Reported Earnings • May 08First quarter 2021 earnings released: EPS €1.67 (vs €1.32 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €316.1m (up 5.3% from 1Q 2020). Net income: €50.1m (up 27% from 1Q 2020). Profit margin: 16% (up from 13% in 1Q 2020). The increase in margin 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 only fallen by 1% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Apr 24Upcoming dividend of €2.00 per shareEligible shareholders must have bought the stock before 30 April 2021. Payment date: 04 May 2021. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (3.2%). Higher than average of industry peers (0.7%).Reported Earnings • Mar 10Full year 2020 earnings released: EPS €5.36 (vs €7.52 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €1.21b (down 5.0% from FY 2019). Net income: €160.8m (down 29% from FY 2019). Profit margin: 13% (down from 18% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.Analyst Estimate Surprise Post Earnings • Mar 10Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 0.04%. Earnings per share (EPS) exceeded analyst estimates by 8.0%. Over the next year, revenue is forecast to grow 5.0%, compared to a 17% growth forecast for the Semiconductor industry in Germany.Price Target Changed • Feb 02Price target raised to €141Up from €130, the current price target is an average from 8 analysts. The new target price is close to the current share price of €143.Is New 90 Day High Low • Jan 23New 90-day high: €146The company is up 67% from its price of €86.88 on 23 October 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed 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 €172 per share.Is New 90 Day High Low • Jan 04New 90-day high: €130The company is up 62% from its price of €80.28 on 06 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 24% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €168 per share.Is New 90 Day High Low • Dec 04New 90-day high: €124The company is up 61% from its price of €76.92 on 04 September 2020. The German market is up 4.0% 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 €183 per share.Price Target Changed • Nov 30Price target raised to €107Up from €96.18, the current price target is an average from 10 analysts. The new target price is 5.3% below the current share price of €113. As of last close, the stock is up 54% over the past year.Valuation Update With 7 Day Price Move • Nov 27Market bids up stock over the past weekAfter last week's 16% share price gain to €113, the stock is trading at a trailing P/E ratio of 20x, up from the previous P/E ratio of 17.2x. This compares to an average P/E of 58x in the Semiconductor industry in Germany. Total returns to shareholders over the past three years are 4.7%.Is New 90 Day High Low • Nov 10New 90-day high: €90.34The company is up 17% from its price of €77.44 on 11 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €152 per share.Analyst Estimate Surprise Post Earnings • Nov 01Third-quarter earnings released: Revenue and earnings miss expectationsThird-quarter revenue missed analyst estimates by 0.5% at €299.2m. Earnings per share (EPS) also missed analyst estimates by 5.6% at €1.08. Revenue is forecast to grow 1.4% over the next year, compared to a 19% growth forecast for the Semiconductor industry in Germany.Reported Earnings • Nov 01Third quarter earnings releasedOver the last 12 months the company has reported total profits of €162.1m, down 43% from the prior year. Total revenue was €1.23b over the last 12 months, down 9.3% from the prior year.Is New 90 Day High Low • Sep 23New 90-day low: €72.28The company is down 18% from its price of €88.48 on 25 June 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €132 per share.業績と収益の成長予測DB:WAF - アナリストの将来予測と過去の財務データ ( )EUR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20281,621-58191475812/31/20271,442-1451523891012/31/20261,293-227-14186103/31/20261,307-129-158193N/A12/31/20251,347-69-150230N/A9/30/20251,336-27-202240N/A6/30/20251,39329-253254N/A3/31/20251,41540-268340N/A12/31/20241,41363-355345N/A9/30/20241,40996-487405N/A6/30/20241,400111-626428N/A3/31/20241,453144-796403N/A12/31/20231,514184-711488N/A9/30/20231,629261-727514N/A6/30/20231,754328-578571N/A3/31/20231,793353-339678N/A12/31/20221,805391-118805N/A9/30/20221,710368-18812N/A6/30/20221,608332127785N/A3/31/20221,506307216698N/A12/31/20211,405253108501N/A9/30/20211,313205140335N/A6/30/20211,24117286274N/A3/31/20211,22317142228N/A12/31/20201,20716132237N/A9/30/20201,22716260306N/A6/30/20201,22817917319N/A3/31/20201,216185-8340N/A12/31/20191,270226N/A385N/A9/30/20191,354287N/A365N/A6/30/20191,434343N/A456N/A3/31/20191,484375N/A608N/A12/31/20181,457373N/A652N/A9/30/20181,397347N/A678N/A6/30/20181,325305N/A590N/A3/31/20181,247247N/A425N/A12/31/20171,177185N/A299N/A9/30/20171,096130N/A220N/A6/30/20171,02471N/A184N/A3/31/201797139N/A138N/A12/31/201693312N/A116N/A9/30/2016902-11N/A95N/A6/30/2016896-20N/A79N/A3/31/2016913-27N/A75N/A12/31/2015931-14N/A96N/A9/30/2015939-2N/A97N/A6/30/2015925-7N/A98N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: WAF今後 3 年間、利益が出ない状態が続くと予測されています。収益対市場: WAF今後 3 年間、利益が出ない状態が続くと予測されています。高成長収益: WAF今後 3 年間、利益が出ない状態が続くと予測されています。収益対市場: WAFの収益 ( 8.2% ) German市場 ( 6.8% ) よりも速いペースで成長すると予測されています。高い収益成長: WAFの収益 ( 8.2% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: WAF 3 年以内に赤字になると予測されています。成長企業の発掘7D1Y7D1Y7D1YSemiconductors 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/25 06:35終値2026/05/22 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Siltronic AG 10 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。24 アナリスト機関Guenther HollfelderBaader Helvea Equity ResearchBruno BulicBaader Helvea Equity ResearchGustav FrobergBerenberg21 その他のアナリストを表示
Price Target Changed • May 20Price target increased by 10% to €69.90Up from €63.30, the current price target is an average from 10 analysts. New target price is 20% below last closing price of €87.20. Stock is up 137% over the past year. The company is forecast to post a net loss per share of €7.46 next year compared to a net loss per share of €2.31 last year.
お知らせ • Feb 14Siltronic AG Provides Earnings Guidance for Financial Year 2026Siltronic AG provided earnings guidance for financial year 2026. Due to the continued weakness of the US dollar against the euro, a declining 200 mm wafer demand, the ongoing price pressure outside of long-term agreements, and the first full-year effect of the SD closure, the company expects sales in the mid-single-digit percent range below the previous year (exchange rate assumption: EUR/USD 1.18) and significant decrease in EBIT compared to the previous year.
お知らせ • May 02Siltronic AG Reaffirms Earnings Guidance for the First Half and Full Year of Financial Year 2025Siltronic AG reaffirmed earnings guidance for the first half and full year of financial year 2025. For the first half 2025 sales expected to be in the mid to high single-digit percentage range below second half of 2024. The sales guidance for the full year 2025 remains unchanged, although it is not yet possible to estimate the impact of American tariff policies and the corresponding countermeasures on expected end-market growth and FX rates for the remainder of the year (assumption for guidance: EUR/USD 1.08). The company also expects EBIT to have a significant decline.
Price Target Changed • Jan 10Price target increased by 7.0% to €91.60Up from €85.60, the current price target is an average from 10 analysts. New target price is approximately in line with last closing price of €90.35. Stock is up 16% over the past year. The company is forecast to post earnings per share of €5.95 for next year compared to €13.02 last year.
Price Target Changed • Nov 03Price target decreased to €75.67Down from €84.22, the current price target is an average from 9 analysts. New target price is 21% above last closing price of €62.40. Stock is down 54% over the past year. The company is forecast to post earnings per share of €12.45 for next year compared to €8.44 last year.
Price Target Changed • Oct 30Price target decreased to €81.00Down from €87.67, the current price target is an average from 9 analysts. New target price is 23% above last closing price of €65.90. Stock is down 51% over the past year. The company is forecast to post earnings per share of €12.30 for next year compared to €8.44 last year.
Price Target Changed • May 20Price target increased by 10% to €69.90Up from €63.30, the current price target is an average from 10 analysts. New target price is 20% below last closing price of €87.20. Stock is up 137% over the past year. The company is forecast to post a net loss per share of €7.46 next year compared to a net loss per share of €2.31 last year.
お知らせ • Mar 30Siltronic AG, Annual General Meeting, May 08, 2026Siltronic AG, Annual General Meeting, May 08, 2026, at 10:00 W. Europe Standard Time.
お知らせ • Feb 14Siltronic AG Provides Earnings Guidance for Financial Year 2026Siltronic AG provided earnings guidance for financial year 2026. Due to the continued weakness of the US dollar against the euro, a declining 200 mm wafer demand, the ongoing price pressure outside of long-term agreements, and the first full-year effect of the SD closure, the company expects sales in the mid-single-digit percent range below the previous year (exchange rate assumption: EUR/USD 1.18) and significant decrease in EBIT compared to the previous year.
お知らせ • Oct 22Siltronic AG to Report Fiscal Year 2025 Results on Feb 03, 2026Siltronic AG announced that they will report fiscal year 2025 results on Feb 03, 2026
お知らせ • Jul 03+ 3 more updatesSiltronic AG to Report Fiscal Year 2025 Results on Mar 12, 2026Siltronic AG announced that they will report fiscal year 2025 results on Mar 12, 2026
お知らせ • May 14+ 1 more updateSiltronic AG Approves Dividend for the Financial Year 2024Siltronic AG announced that in light of the expected development for the financial year 2025, the Executive Board and Supervisory Board proposed at the Annual General Meeting to distribute a dividend of EUR 0.20 for the financial year 2024 . The shareholders approved this proposal. As a result, a total of EUR 6 million will be distributed to the company’s shareholders, which corresponds to a payout ratio of nearly 10% of the consolidated profit attributable to Siltronic shareholders.
お知らせ • May 02Siltronic AG Reaffirms Earnings Guidance for the First Half and Full Year of Financial Year 2025Siltronic AG reaffirmed earnings guidance for the first half and full year of financial year 2025. For the first half 2025 sales expected to be in the mid to high single-digit percentage range below second half of 2024. The sales guidance for the full year 2025 remains unchanged, although it is not yet possible to estimate the impact of American tariff policies and the corresponding countermeasures on expected end-market growth and FX rates for the remainder of the year (assumption for guidance: EUR/USD 1.08). The company also expects EBIT to have a significant decline.
お知らせ • Apr 03Siltronic AG, Annual General Meeting, May 12, 2025Siltronic AG, Annual General Meeting, May 12, 2025, at 10:00 W. Europe Standard Time.
お知らせ • Feb 04Siltronic AG Proposes Dividend for the Financial Year 2024Siltronic AG decided to suspend the dividend policy for the 2024 financial year. It plans to propose a reduced dividend of EUR 0.20 for the financial year 2024 to the Annual General Meeting on May 12, 2025.
New Risk • Oct 28New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 17% 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 Risks Earnings are forecast to decline by an average of 17% per year for the foreseeable future. High level of non-cash earnings (22% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (6.8% net profit margin).
Reported Earnings • Oct 24Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: €0.60 (down from €1.10 in 3Q 2023). Revenue: €357.3m (up 2.3% from 3Q 2023). Net income: €17.9m (down 46% from 3Q 2023). Profit margin: 5.0% (down from 9.5% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.1%. Earnings per share (EPS) also surpassed analyst estimates significantly. Revenue is forecast to grow 9.7% 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 fallen by 23% per year and the company’s share price has also fallen by 23% per year.
Reported Earnings • Jul 26Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: €0.73 (down from €1.83 in 2Q 2023). Revenue: €351.3m (down 13% from 2Q 2023). Net income: €21.8m (down 60% from 2Q 2023). Profit margin: 6.2% (down from 14% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 6.7%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings.
New Risk • Jun 03New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.2% 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 Risks Earnings are forecast to decline by an average of 1.2% per year for the foreseeable future. High level of non-cash earnings (42% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (9.9% net profit margin).
お知らせ • May 29+ 4 more updatesSiltronic AG to Report Q1, 2025 Results on Apr 30, 2025Siltronic AG announced that they will report Q1, 2025 results on Apr 30, 2025
Upcoming Dividend • May 07Upcoming dividend of €1.20 per shareEligible shareholders must have bought the stock before 14 May 2024. Payment date: 16 May 2024. Payout ratio is a comfortable 20% but the company is not cash flow positive. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (4.6%). Higher than average of industry peers (1.1%).
Reported Earnings • May 05First quarter 2024 earnings: EPS exceeds analyst expectationsFirst quarter 2024 results: EPS: €0.86 (down from €2.20 in 1Q 2023). Revenue: €343.5m (down 15% from 1Q 2023). Net income: €25.7m (down 61% from 1Q 2023). Profit margin: 7.5% (down from 16% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates significantly. Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings.
New Risk • Apr 18New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 2.5% 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 Risks Earnings are forecast to decline by an average of 2.5% per year for the foreseeable future. High level of non-cash earnings (43% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (12% net profit margin).
Reported Earnings • Mar 13Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: €6.15 (down from €13.02 in FY 2022). Revenue: €1.51b (down 16% from FY 2022). Net income: €184.4m (down 53% from FY 2022). Profit margin: 12% (down from 22% in FY 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.9%. Revenue is forecast to grow 9.2% 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 16% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.
Declared Dividend • Feb 15Dividend of €1.20 announcedShareholders will receive a dividend of €1.20. Ex-date: 14th May 2024 Payment date: 16th May 2024 Dividend yield will be 1.4%, which is higher than the industry average of 1.1%. Sustainability & Growth Dividend is covered by earnings (35% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.1% per year over the past 6 years. However, payments have been volatile during that time. EPS is expected to decline by 73% over the next 3 years. Since a fall of 62% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk.
Price Target Changed • Jan 10Price target increased by 7.0% to €91.60Up from €85.60, the current price target is an average from 10 analysts. New target price is approximately in line with last closing price of €90.35. Stock is up 16% over the past year. The company is forecast to post earnings per share of €5.95 for next year compared to €13.02 last year.
Reported Earnings • Nov 04Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2023 results: EPS: €1.10 (down from €3.32 in 3Q 2022). Revenue: €349.1m (down 26% from 3Q 2022). Net income: €33.1m (down 67% from 3Q 2022). Profit margin: 9.5% (down from 21% in 3Q 2022). Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) exceeded analyst estimates by 14%. Revenue is forecast to grow 8.5% 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 26% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
お知らせ • Sep 05+ 5 more updatesSiltronic AG to Report Q1, 2024 Results on May 02, 2024Siltronic AG announced that they will report Q1, 2024 results on May 02, 2024
Reported Earnings • Jul 28Second quarter 2023 earnings released: EPS: €1.83 (vs €2.66 in 2Q 2022)Second quarter 2023 results: EPS: €1.83 (down from €2.66 in 2Q 2022). Revenue: €403.7m (down 8.7% from 2Q 2022). Net income: €54.9m (down 31% from 2Q 2022). Profit margin: 14% (down from 18% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 20First quarter 2023 earnings: EPS exceeds analyst expectationsFirst quarter 2023 results: EPS: €2.20 (down from €3.47 in 1Q 2022). Revenue: €404.4m (down 3.0% from 1Q 2022). Net income: €66.1m (down 37% from 1Q 2022). Profit margin: 16% (down from 25% in 1Q 2022). The decrease in margin was primarily driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.3%. Revenue is forecast to grow 7.7% 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 33% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • May 19Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €67.95, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 15x in the Semiconductor industry in Germany. Total loss to shareholders of 7.2% over the past three years.
Upcoming Dividend • May 01Upcoming dividend of €3.00 per share at 4.6% yieldEligible shareholders must have bought the stock before 08 May 2023. Payment date: 10 May 2023. Payout ratio is a comfortable 23% but the company is not cash flow positive. Trailing yield: 4.6%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (1.1%).
Reported Earnings • Mar 10Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: €13.02 (up from €8.44 in FY 2021). Revenue: €1.81b (up 28% from FY 2021). Net income: €390.6m (up 54% from FY 2021). Profit margin: 22% (up from 18% 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 4.2%. Revenue is forecast to grow 5.3% 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 29% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
お知らせ • Nov 18+ 1 more updateSiltronic AG to Report Q1, 2023 Results on May 11, 2023Siltronic AG announced that they will report Q1, 2023 results on May 11, 2023
お知らせ • Nov 15+ 1 more updateSiltronic AG to Report First Half, 2023 Results on Jul 27, 2023Siltronic AG announced that they will report first half, 2023 results on Jul 27, 2023
Valuation Update With 7 Day Price Move • Nov 11Investor sentiment improved over the past weekAfter last week's 15% share price gain to €72.95, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 15x in the Semiconductor industry in Germany. Negligible returns to shareholders over past three years.
Price Target Changed • Nov 03Price target decreased to €75.67Down from €84.22, the current price target is an average from 9 analysts. New target price is 21% above last closing price of €62.40. Stock is down 54% over the past year. The company is forecast to post earnings per share of €12.45 for next year compared to €8.44 last year.
Price Target Changed • Oct 30Price target decreased to €81.00Down from €87.67, the current price target is an average from 9 analysts. New target price is 23% above last closing price of €65.90. Stock is down 51% over the past year. The company is forecast to post earnings per share of €12.30 for next year compared to €8.44 last year.
Reported Earnings • Oct 29Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: €3.32 (up from €2.15 in 3Q 2021). Revenue: €474.0m (up 28% from 3Q 2021). Net income: €99.7m (up 55% from 3Q 2021). Profit margin: 21% (up from 17% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.3%. Earnings per share (EPS) also surpassed analyst estimates by 30%. Revenue is forecast to grow 6.2% 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 17% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
Reported Earnings • Jul 30Second quarter 2022 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2022 results: EPS: €2.66 (up from €1.83 in 2Q 2021). Revenue: €442.2m (up 30% from 2Q 2021). Net income: €79.9m (up 46% from 2Q 2021). Profit margin: 18% (up from 16% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) also surpassed analyst estimates by 11%. Over the next year, revenue is forecast to grow 11%, compared to a 14% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 5% per year.
Price Target Changed • Jul 14Price target decreased to €98.67Down from €110, the current price target is an average from 8 analysts. New target price is 44% above last closing price of €68.45. Stock is down 52% over the past year. The company is forecast to post earnings per share of €10.89 for next year compared to €8.44 last year.
Price Target Changed • Jul 11Price target decreased to €106Down from €116, the current price target is an average from 8 analysts. New target price is 50% above last closing price of €70.70. Stock is down 50% over the past year. The company is forecast to post earnings per share of €10.73 for next year compared to €8.44 last year.
Reported Earnings • May 11First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: €3.47 (up from €1.67 in 1Q 2021). Revenue: €417.0m (up 32% from 1Q 2021). Net income: €104.2m (up 108% from 1Q 2021). Profit margin: 25% (up from 16% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.7%. Earnings per share (EPS) also surpassed analyst estimates by 58%. Over the next year, revenue is forecast to grow 14%, compared to a 12% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Upcoming Dividend • May 01Upcoming dividend of €3.00 per shareEligible shareholders must have bought the stock before 06 May 2022. Payment date: 10 May 2022. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (4.0%). Higher than average of industry peers (1.1%).
Reported Earnings • Oct 28Third quarter 2021 earnings releasedThe company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €371.6m (up 24% from 3Q 2020). Net income: €64.5m (up 100% from 3Q 2020). Profit margin: 17% (up from 11% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.
Reported Earnings • May 08First quarter 2021 earnings released: EPS €1.67 (vs €1.32 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €316.1m (up 5.3% from 1Q 2020). Net income: €50.1m (up 27% from 1Q 2020). Profit margin: 16% (up from 13% in 1Q 2020). The increase in margin 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 only fallen by 1% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Apr 24Upcoming dividend of €2.00 per shareEligible shareholders must have bought the stock before 30 April 2021. Payment date: 04 May 2021. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (3.2%). Higher than average of industry peers (0.7%).
Reported Earnings • Mar 10Full year 2020 earnings released: EPS €5.36 (vs €7.52 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €1.21b (down 5.0% from FY 2019). Net income: €160.8m (down 29% from FY 2019). Profit margin: 13% (down from 18% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
Analyst Estimate Surprise Post Earnings • Mar 10Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 0.04%. Earnings per share (EPS) exceeded analyst estimates by 8.0%. Over the next year, revenue is forecast to grow 5.0%, compared to a 17% growth forecast for the Semiconductor industry in Germany.
Price Target Changed • Feb 02Price target raised to €141Up from €130, the current price target is an average from 8 analysts. The new target price is close to the current share price of €143.
Is New 90 Day High Low • Jan 23New 90-day high: €146The company is up 67% from its price of €86.88 on 23 October 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed 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 €172 per share.
Is New 90 Day High Low • Jan 04New 90-day high: €130The company is up 62% from its price of €80.28 on 06 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 24% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €168 per share.
Is New 90 Day High Low • Dec 04New 90-day high: €124The company is up 61% from its price of €76.92 on 04 September 2020. The German market is up 4.0% 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 €183 per share.
Price Target Changed • Nov 30Price target raised to €107Up from €96.18, the current price target is an average from 10 analysts. The new target price is 5.3% below the current share price of €113. As of last close, the stock is up 54% over the past year.
Valuation Update With 7 Day Price Move • Nov 27Market bids up stock over the past weekAfter last week's 16% share price gain to €113, the stock is trading at a trailing P/E ratio of 20x, up from the previous P/E ratio of 17.2x. This compares to an average P/E of 58x in the Semiconductor industry in Germany. Total returns to shareholders over the past three years are 4.7%.
Is New 90 Day High Low • Nov 10New 90-day high: €90.34The company is up 17% from its price of €77.44 on 11 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €152 per share.
Analyst Estimate Surprise Post Earnings • Nov 01Third-quarter earnings released: Revenue and earnings miss expectationsThird-quarter revenue missed analyst estimates by 0.5% at €299.2m. Earnings per share (EPS) also missed analyst estimates by 5.6% at €1.08. Revenue is forecast to grow 1.4% over the next year, compared to a 19% growth forecast for the Semiconductor industry in Germany.
Reported Earnings • Nov 01Third quarter earnings releasedOver the last 12 months the company has reported total profits of €162.1m, down 43% from the prior year. Total revenue was €1.23b over the last 12 months, down 9.3% from the prior year.
Is New 90 Day High Low • Sep 23New 90-day low: €72.28The company is down 18% from its price of €88.48 on 25 June 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €132 per share.