View Future GrowthMelexis 과거 순이익 실적과거 기준 점검 3/6Melexis은 연평균 1.6%의 비율로 수입이 증가해 온 반면, Semiconductor 산업은 수입이 5.3% 증가했습니다. 매출은 연평균 7.9%의 비율로 증가했습니다. Melexis의 자기자본이익률은 22.2%이고 순이익률은 13.2%입니다.핵심 정보1.60%순이익 성장률1.55%주당순이익(EPS) 성장률Semiconductor 산업 성장률30.55%매출 성장률7.88%자기자본이익률22.24%순이익률13.16%다음 순이익 업데이트29 Jul 2026최근 과거 실적 업데이트공시 • Oct 29+ 3 more updatesMelexis NV to Report Fiscal Year 2026 Results on Feb 03, 2027Melexis NV announced that they will report fiscal year 2026 results at 7:00 AM, Central European Standard Time on Feb 03, 2027Reported Earnings • Nov 01Third quarter 2024 earnings released: EPS: €1.27 (vs €1.41 in 3Q 2023)Third quarter 2024 results: EPS: €1.27 (down from €1.41 in 3Q 2023). Revenue: €247.9m (flat on 3Q 2023). Net income: €51.2m (down 10.0% from 3Q 2023). Profit margin: 21% (down from 23% in 3Q 2023). Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 7.7% 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 17% per year, which means it is significantly lagging earnings.공시 • Oct 30+ 3 more updatesMelexis NV to Report Q3, 2025 Results on Oct 29, 2025Melexis NV announced that they will report Q3, 2025 results at 7:00 AM, Central European Standard Time on Oct 29, 2025Reported Earnings • Apr 25First quarter 2024 earnings released: EPS: €1.31 (vs €1.26 in 1Q 2023)First quarter 2024 results: EPS: €1.31 (up from €1.26 in 1Q 2023). Revenue: €241.8m (up 5.8% from 1Q 2023). Net income: €52.9m (up 4.0% from 1Q 2023). Profit margin: 22% (in line with 1Q 2023). Revenue is forecast to grow 7.2% 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 27% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Reported Earnings • Apr 15Full year 2023 earnings released: EPS: €5.19 (vs €4.88 in FY 2022)Full year 2023 results: EPS: €5.19 (up from €4.88 in FY 2022). Revenue: €964.3m (up 15% from FY 2022). Net income: €209.5m (up 6.2% from FY 2022). Profit margin: 22% (down from 24% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 8.2% 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.Reported Earnings • Feb 09Full year 2023 earnings released: EPS: €5.18 (vs €4.88 in FY 2022)Full year 2023 results: EPS: €5.18 (up from €4.88 in FY 2022). Revenue: €964.3m (up 15% from FY 2022). Net income: €209.5m (up 6.2% from FY 2022). Profit margin: 22% (down from 24% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 8.2% 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 6% per year, which means it is significantly lagging earnings.모든 업데이트 보기Recent updatesBoard Change • May 21Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Non-Executive Independent Director Kazuhiro Takenaka was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Apr 13Melexis NV, Annual General Meeting, May 12, 2026Melexis NV, Annual General Meeting, May 12, 2026, at 11:00 Romance Standard Time.공시 • Oct 29+ 3 more updatesMelexis NV to Report Fiscal Year 2026 Results on Feb 03, 2027Melexis NV announced that they will report fiscal year 2026 results at 7:00 AM, Central European Standard Time on Feb 03, 2027공시 • Apr 14Melexis NV, Annual General Meeting, May 13, 2025Melexis NV, Annual General Meeting, May 13, 2025, at 11:00 Romance Standard Time.공시 • Feb 07+ 1 more updateMelexis Nv Proposes Final Dividend for 2024The Board of Directors of Melexis NV approved on February 3, 2025 to propose to the Annual Shareholders' Meeting to pay out over the result of 2024, a total dividend of EUR 3.7 gross per share. This amount contains an interim dividend of EUR 1.3 per share, which was paid in October '24 and a final dividend of EUR 2.4 per share, which will be payable after approval of the Annual Shareholders' Meeting. The Melexis shares will start trading ex coupon on May 2025 and the record date is May 21, 2025.Reported Earnings • Nov 01Third quarter 2024 earnings released: EPS: €1.27 (vs €1.41 in 3Q 2023)Third quarter 2024 results: EPS: €1.27 (down from €1.41 in 3Q 2023). Revenue: €247.9m (flat on 3Q 2023). Net income: €51.2m (down 10.0% from 3Q 2023). Profit margin: 21% (down from 23% in 3Q 2023). Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 7.7% 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 17% per year, which means it is significantly lagging earnings.공시 • Oct 30+ 3 more updatesMelexis NV to Report Q3, 2025 Results on Oct 29, 2025Melexis NV announced that they will report Q3, 2025 results at 7:00 AM, Central European Standard Time on Oct 29, 2025Declared Dividend • Oct 10First half dividend of €0.91 announcedShareholders will receive a dividend of €0.91. Ex-date: 15th October 2024 Payment date: 17th October 2024 Dividend yield will be 3.6%, which is higher than the industry average of 1.1%. Sustainability & Growth Dividend is covered by earnings (71% earnings payout ratio) but not covered by cash flows (214% cash payout ratio). The dividend has increased by an average of 18% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Board Change • Sep 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. MD, CEO & Director Marc Biron was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Buy Or Sell Opportunity • Aug 03Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.4% to €74.75. The fair value is estimated to be €94.81, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 21%. For the next 3 years, revenue is forecast to grow by 7.2% per annum. Earnings are also forecast to grow by 6.6% per annum over the same time period.Upcoming Dividend • May 08Upcoming dividend of €1.68 per shareEligible shareholders must have bought the stock before 15 May 2024. Payment date: 17 May 2024. Payout ratio is a comfortable 71% but the company is not cash flow positive. Trailing yield: 4.5%. Lower than top quartile of German dividend payers (4.6%). Higher than average of industry peers (1.0%).Reported Earnings • Apr 25First quarter 2024 earnings released: EPS: €1.31 (vs €1.26 in 1Q 2023)First quarter 2024 results: EPS: €1.31 (up from €1.26 in 1Q 2023). Revenue: €241.8m (up 5.8% from 1Q 2023). Net income: €52.9m (up 4.0% from 1Q 2023). Profit margin: 22% (in line with 1Q 2023). Revenue is forecast to grow 7.2% 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 27% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Reported Earnings • Apr 15Full year 2023 earnings released: EPS: €5.19 (vs €4.88 in FY 2022)Full year 2023 results: EPS: €5.19 (up from €4.88 in FY 2022). Revenue: €964.3m (up 15% from FY 2022). Net income: €209.5m (up 6.2% from FY 2022). Profit margin: 22% (down from 24% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 8.2% 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.Declared Dividend • Feb 11Final dividend of €1.68 announcedShareholders will receive a dividend of €1.68. Ex-date: 15th May 2024 Payment date: 17th May 2024 Dividend yield will be 3.2%, which is higher than the industry average of 1.1%. Sustainability & Growth Dividend is covered by earnings (71% 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 18% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 19% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Feb 09Full year 2023 earnings released: EPS: €5.18 (vs €4.88 in FY 2022)Full year 2023 results: EPS: €5.18 (up from €4.88 in FY 2022). Revenue: €964.3m (up 15% from FY 2022). Net income: €209.5m (up 6.2% from FY 2022). Profit margin: 22% (down from 24% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 8.2% 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 6% per year, which means it is significantly lagging earnings.Buy Or Sell Opportunity • Feb 08Now 22% undervaluedOver the last 90 days, the stock has risen 10% to €81.65. The fair value is estimated to be €104, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 38%. For the next 3 years, revenue is forecast to grow by 7.7% per annum. Earnings are also forecast to grow by 5.7% per annum over the same time period.공시 • Feb 07Melexis NV, Annual General Meeting, May 14, 2024Melexis NV, Annual General Meeting, May 14, 2024.Reported Earnings • Oct 26Third quarter 2023 earnings released: EPS: €1.41 (vs €1.21 in 3Q 2022)Third quarter 2023 results: EPS: €1.41 (up from €1.21 in 3Q 2022). Revenue: €248.6m (up 13% from 3Q 2022). Net income: €56.8m (up 17% from 3Q 2022). Profit margin: 23% (in line with 3Q 2022). Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.공시 • Oct 26+ 3 more updatesMelexis NV to Report Q2, 2024 Results on Jul 31, 2024Melexis NV announced that they will report Q2, 2024 results at 7:00 AM, Central European Standard Time on Jul 31, 2024Upcoming Dividend • Oct 10Upcoming dividend of €0.91 per share at 4.3% yieldEligible shareholders must have bought the stock before 17 October 2023. Payment date: 19 October 2023. Payout ratio is a comfortable 69% but the company is not cash flow positive. Trailing yield: 4.3%. Lower than top quartile of German dividend payers (5.0%). Higher than average of industry peers (1.1%).New Risk • Aug 04New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 45% 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 (45% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.Reported Earnings • Aug 03Second quarter 2023 earnings released: EPS: €1.28 (vs €1.18 in 2Q 2022)Second quarter 2023 results: EPS: €1.28 (up from €1.18 in 2Q 2022). Revenue: €236.7m (up 14% from 2Q 2022). Net income: €51.9m (up 9.1% from 2Q 2022). Profit margin: 22% (in line with 2Q 2022). Revenue is forecast to grow 8.4% 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 42% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • May 03Upcoming dividend of €1.54 per share at 5.0% yieldEligible shareholders must have bought the stock before 10 May 2023. Payment date: 12 May 2023. Payout ratio is a comfortable 72% and the cash payout ratio is 80%. Trailing yield: 5.0%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (1.1%).Reported Earnings • Apr 10Full year 2022 earnings released: EPS: €4.88 (vs €3.25 in FY 2021)Full year 2022 results: EPS: €4.88 (up from €3.25 in FY 2021). Revenue: €836.2m (up 30% from FY 2021). Net income: €197.2m (up 50% from FY 2021). Profit margin: 24% (up from 20% in FY 2021). 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 8.9% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.Reported Earnings • Feb 02Full year 2022 earnings released: EPS: €4.88 (vs €3.25 in FY 2021)Full year 2022 results: EPS: €4.88 (up from €3.25 in FY 2021). Revenue: €836.2m (up 30% from FY 2021). Net income: €197.2m (up 50% from FY 2021). Profit margin: 24% (up from 20% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.9% 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 44% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.공시 • Nov 01+ 3 more updatesMelexis NV to Report Q2, 2023 Results on Aug 02, 2023Melexis NV announced that they will report Q2, 2023 results at 7:00 AM, Central European Standard Time on Aug 02, 2023Reported Earnings • Oct 27Third quarter 2022 earnings released: EPS: €1.21 (vs €0.90 in 3Q 2021)Third quarter 2022 results: EPS: €1.21 (up from €0.90 in 3Q 2021). Revenue: €219.8m (up 35% from 3Q 2021). Net income: €48.8m (up 34% from 3Q 2021). Profit margin: 22% (in line with 3Q 2021). Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Oct 11Upcoming dividend of €0.91 per shareEligible shareholders must have bought the stock before 18 October 2022. Payment date: 20 October 2022. Payout ratio is a comfortable 63% and the cash payout ratio is 84%. Trailing yield: 3.7%. Lower than top quartile of German dividend payers (5.4%). Higher than average of industry peers (1.3%).Buying Opportunity • Sep 24Now 21% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be €88.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 33%. For the next 3 years, revenue is forecast to grow by 8.4% per annum. Earnings is also forecast to grow by 5.7% per annum over the same time period.Reported Earnings • Aug 27Second quarter 2022 earnings released: EPS: €1.18 (vs €0.83 in 2Q 2021)Second quarter 2022 results: EPS: €1.18 (up from €0.83 in 2Q 2021). Revenue: €208.4m (up 31% from 2Q 2021). Net income: €47.6m (up 42% from 2Q 2021). Profit margin: 23% (up from 21% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 19%, compared to a 12% 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 only increased by 9% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jul 28Second quarter 2022 earnings released: EPS: €1.18 (vs €0.83 in 2Q 2021)Second quarter 2022 results: EPS: €1.18 (up from €0.83 in 2Q 2021). Revenue: €208.4m (up 31% from 2Q 2021). Net income: €47.6m (up 42% from 2Q 2021). Profit margin: 23% (up from 21% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 15%, compared to a 14% growth forecast for the 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 only increased by 10% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • May 04Upcoming dividend of €0.91 per shareEligible shareholders must have bought the stock before 11 May 2022. Payment date: 13 May 2022. Payout ratio is a comfortable 69% and the cash payout ratio is 84%. Trailing yield: 3.2%. Lower than top quartile of German dividend payers (4.1%). Higher than average of industry peers (1.1%).Reported Earnings • Apr 28First quarter 2022 earnings released: EPS: €1.20 (vs €0.69 in 1Q 2021)First quarter 2022 results: EPS: €1.20 (up from €0.69 in 1Q 2021). Revenue: €184.1m (up 18% from 1Q 2021). Net income: €48.6m (up 75% from 1Q 2021). Profit margin: 26% (up from 18% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 15%, compared to a 15% growth forecast for the 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 only increased by 3% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Apr 23Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 18%. The fair value is estimated to be €98.19, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.8% over the last 3 years. Earnings per share has grown by 6.8%. For the next 3 years, revenue is forecast to grow by 9.6% per annum. Earnings is also forecast to grow by 10% per annum over the same time period.Buying Opportunity • Apr 07Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 24%. The fair value is estimated to be €97.11, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.8% over the last 3 years. Earnings per share has grown by 6.9%. For the next 3 years, revenue is forecast to grow by 9.6% per annum. Earnings is also forecast to grow by 10% per annum over the same time period.Board Change • Mar 22Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Non-Executive Independent Director Martine Baelmans was the last independent director to join the board, commencing their role in 2014. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Buying Opportunity • Mar 08Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 28%. The fair value is estimated to be €94.70, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.8% per annum over the last 3 years. Earnings per share has grown by 6.9% per annum over the last 3 years.공시 • Feb 04Melexis NV Provides Sales Guidance for the First Quarter of 2022Melexis NV provided sales guidance for the first quarter of 2022. The company expects the sales in the first quarter of 2022 to be in the range of EUR 177 million to EUR 183 million.공시 • Feb 03Melexis NV, Annual General Meeting, May 10, 2022Melexis NV, Annual General Meeting, May 10, 2022.Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS €0.90 (vs €0.37 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €162.8m (up 34% from 3Q 2020). Net income: €36.5m (up 145% from 3Q 2020). Profit margin: 22% (up from 12% 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 5% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.Upcoming Dividend • Oct 12Upcoming dividend of €0.91 per shareEligible shareholders must have bought the stock before 19 October 2021. Payment date: 21 October 2021. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (3.3%). Higher than average of industry peers (0.7%).Reported Earnings • Jul 29Second quarter 2021 earnings released: EPS €0.83 (vs €0.24 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €159.1m (up 59% from 2Q 2020). Net income: €33.5m (up 246% from 2Q 2020). Profit margin: 21% (up from 9.6% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.Upcoming Dividend • May 06Upcoming dividend of €0.63 per shareEligible shareholders must have bought the stock before 13 May 2021. Payment date: 17 May 2021. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (3.1%). Higher than average of industry peers (0.6%).Reported Earnings • Apr 29First quarter 2021 earnings released: EPS €0.69 (vs €0.51 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €155.6m (up 13% from 1Q 2020). Net income: €27.8m (up 34% from 1Q 2020). Profit margin: 18% (up from 15% 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 23% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Reported Earnings • Apr 12Full year 2020 earnings released: EPS €1.72 (vs €1.49 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €507.5m (up 4.2% from FY 2019). Net income: €69.3m (up 15% from FY 2019). Profit margin: 14% (up from 12% in FY 2019). 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 increased by 1% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Mar 05Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €81.50, the stock is trading at a trailing P/E ratio of 49.8x, down from the previous P/E ratio of 58.8x. This compares to an average P/E of 79x in the Semiconductor industry in Germany. Total returns to shareholders over the past three years were flat.Reported Earnings • Feb 06Full year 2020 earnings released: EPS €1.72 (vs €1.49 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €507.5m (up 4.2% from FY 2019). Net income: €69.3m (up 15% from FY 2019). Profit margin: 14% (up from 12% in FY 2019). 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 increased by 4% per year, which means it is well ahead of earnings.Analyst Estimate Surprise Post Earnings • Feb 06Revenue beats expectationsRevenue exceeded analyst estimates by 0.3%. Over the next year, revenue is forecast to grow 20%, compared to a 16% growth forecast for the Semiconductor industry in Germany.공시 • Feb 03+ 1 more updateMelexis NV, Annual General Meeting, May 11, 2021Melexis NV, Annual General Meeting, May 11, 2021.Is New 90 Day High Low • Feb 03New 90-day high: €96.75The company is up 45% from its price of €66.85 on 05 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 37% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €28.13 per share.Is New 90 Day High Low • Jan 15New 90-day high: €94.90The company is up 36% from its price of €69.75 on 16 October 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 28% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €28.57 per share.Is New 90 Day High Low • Dec 28New 90-day high: €83.00The company is up 24% from its price of €66.80 on 29 September 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 33% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €27.66 per share.Is New 90 Day High Low • Dec 11New 90-day high: €81.50The company is up 19% from its price of €68.50 on 11 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed 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 €25.27 per share.Is New 90 Day High Low • Nov 25New 90-day high: €75.35The company is up 9.0% from its price of €69.00 on 26 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €24.34 per share.Analyst Estimate Surprise Post Earnings • Nov 02Revenue beats expectationsRevenue exceeded analyst estimates by 8.6%. Over the next year, revenue is forecast to grow 13%, compared to a 19% growth forecast for the Semiconductor industry in Germany.Reported Earnings • Nov 02Third quarter 2020 earnings released: EPS €0.37The company reported a poor third quarter result with weaker earnings and revenues, although profit margins were flat. Third quarter 2020 results: Revenue: €121.6m (down 1.4% from 3Q 2019). Net income: €14.9m (down 3.0% from 3Q 2019). Profit margin: 12% (in line with 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Oct 29New 90-day low: €63.85The company is down 12% from its price of €72.75 on 30 July 2020. The German market is down 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €34.40 per share.Upcoming Dividend • Oct 13Upcoming Dividend of €0.91 Per ShareWill be paid on the 22nd of October to those who are registered shareholders by the 20th of October. The trailing yield of 1.8% is below the top quartile of German dividend payers (3.7%), but it is higher than industry peers (0.9%).Is New 90 Day High Low • Oct 12New 90-day high: €74.45The company is up 10.0% from its price of €67.75 on 14 July 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €34.11 per share.Is New 90 Day High Low • Sep 25New 90-day low: €64.95The company is down 3.0% from its price of €67.05 on 26 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 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €33.11 per share.매출 및 비용 세부 내역Melexis가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이DB:MEX 매출, 비용 및 순이익 (EUR Millions)날짜매출순이익일반관리비연구개발비31 Mar 268431117411731 Dec 258401137411630 Sep 258231087411530 Jun 258551327411431 Mar 258891437311231 Dec 249331717111030 Sep 249862037211030 Jun 249872097111031 Mar 249782117110931 Dec 239642097210730 Sep 239382126810330 Jun 23909204669831 Mar 23881199629431 Dec 22836197589030 Sep 22779178558530 Jun 22722166518231 Mar 22672152497931 Dec 21644131477830 Sep 21625122467930 Jun 21584100457831 Mar 2152576447731 Dec 2050869457830 Sep 2048761447830 Jun 2048961457931 Mar 2050967468031 Dec 1948760468030 Sep 1950173468030 Jun 1952588468031 Mar 19547101467931 Dec 18569115457830 Sep 18560114437530 Jun 18541112407331 Mar 18527114387131 Dec 17512111366930 Sep 17499109356930 Jun 17486107336731 Mar 1747099326631 Dec 1645696316430 Sep 1643993296330 Jun 1642693296131 Mar 1641595285931 Dec 1540099285730 Sep 1538697275330 Jun 15371972651양질의 수익: MEX는 고품질 수익을 보유하고 있습니다.이익 마진 증가: MEX의 현재 순 이익률 (13.2%)은 지난해 (16.1%)보다 낮습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: MEX의 수익은 지난 5년 동안 연평균 1.6% 증가했습니다.성장 가속화: MEX은 지난 1년 동안 수익이 감소하여 5년 평균과 비교할 수 없습니다.수익 대 산업: MEX은 지난 1년 동안 수익이 감소(-22.4%)하여 Semiconductor 업계 평균(-32.5%)과 비교하기 어렵습니다.자기자본이익률높은 ROE: MEX의 자본 수익률(22.2%)은 높음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YSemiconductors 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/28 16:46종가2026/06/26 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Melexis NV는 20명의 분석가가 다루고 있습니다. 이 중 14명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Tammy QiuBerenbergTrion ReidBerenbergAnna PatriceBerenberg17명의 분석가 더 보기
공시 • Oct 29+ 3 more updatesMelexis NV to Report Fiscal Year 2026 Results on Feb 03, 2027Melexis NV announced that they will report fiscal year 2026 results at 7:00 AM, Central European Standard Time on Feb 03, 2027
Reported Earnings • Nov 01Third quarter 2024 earnings released: EPS: €1.27 (vs €1.41 in 3Q 2023)Third quarter 2024 results: EPS: €1.27 (down from €1.41 in 3Q 2023). Revenue: €247.9m (flat on 3Q 2023). Net income: €51.2m (down 10.0% from 3Q 2023). Profit margin: 21% (down from 23% in 3Q 2023). Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 7.7% 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 17% per year, which means it is significantly lagging earnings.
공시 • Oct 30+ 3 more updatesMelexis NV to Report Q3, 2025 Results on Oct 29, 2025Melexis NV announced that they will report Q3, 2025 results at 7:00 AM, Central European Standard Time on Oct 29, 2025
Reported Earnings • Apr 25First quarter 2024 earnings released: EPS: €1.31 (vs €1.26 in 1Q 2023)First quarter 2024 results: EPS: €1.31 (up from €1.26 in 1Q 2023). Revenue: €241.8m (up 5.8% from 1Q 2023). Net income: €52.9m (up 4.0% from 1Q 2023). Profit margin: 22% (in line with 1Q 2023). Revenue is forecast to grow 7.2% 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 27% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Reported Earnings • Apr 15Full year 2023 earnings released: EPS: €5.19 (vs €4.88 in FY 2022)Full year 2023 results: EPS: €5.19 (up from €4.88 in FY 2022). Revenue: €964.3m (up 15% from FY 2022). Net income: €209.5m (up 6.2% from FY 2022). Profit margin: 22% (down from 24% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 8.2% 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.
Reported Earnings • Feb 09Full year 2023 earnings released: EPS: €5.18 (vs €4.88 in FY 2022)Full year 2023 results: EPS: €5.18 (up from €4.88 in FY 2022). Revenue: €964.3m (up 15% from FY 2022). Net income: €209.5m (up 6.2% from FY 2022). Profit margin: 22% (down from 24% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 8.2% 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 6% per year, which means it is significantly lagging earnings.
Board Change • May 21Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Non-Executive Independent Director Kazuhiro Takenaka was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Apr 13Melexis NV, Annual General Meeting, May 12, 2026Melexis NV, Annual General Meeting, May 12, 2026, at 11:00 Romance Standard Time.
공시 • Oct 29+ 3 more updatesMelexis NV to Report Fiscal Year 2026 Results on Feb 03, 2027Melexis NV announced that they will report fiscal year 2026 results at 7:00 AM, Central European Standard Time on Feb 03, 2027
공시 • Apr 14Melexis NV, Annual General Meeting, May 13, 2025Melexis NV, Annual General Meeting, May 13, 2025, at 11:00 Romance Standard Time.
공시 • Feb 07+ 1 more updateMelexis Nv Proposes Final Dividend for 2024The Board of Directors of Melexis NV approved on February 3, 2025 to propose to the Annual Shareholders' Meeting to pay out over the result of 2024, a total dividend of EUR 3.7 gross per share. This amount contains an interim dividend of EUR 1.3 per share, which was paid in October '24 and a final dividend of EUR 2.4 per share, which will be payable after approval of the Annual Shareholders' Meeting. The Melexis shares will start trading ex coupon on May 2025 and the record date is May 21, 2025.
Reported Earnings • Nov 01Third quarter 2024 earnings released: EPS: €1.27 (vs €1.41 in 3Q 2023)Third quarter 2024 results: EPS: €1.27 (down from €1.41 in 3Q 2023). Revenue: €247.9m (flat on 3Q 2023). Net income: €51.2m (down 10.0% from 3Q 2023). Profit margin: 21% (down from 23% in 3Q 2023). Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 7.7% 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 17% per year, which means it is significantly lagging earnings.
공시 • Oct 30+ 3 more updatesMelexis NV to Report Q3, 2025 Results on Oct 29, 2025Melexis NV announced that they will report Q3, 2025 results at 7:00 AM, Central European Standard Time on Oct 29, 2025
Declared Dividend • Oct 10First half dividend of €0.91 announcedShareholders will receive a dividend of €0.91. Ex-date: 15th October 2024 Payment date: 17th October 2024 Dividend yield will be 3.6%, which is higher than the industry average of 1.1%. Sustainability & Growth Dividend is covered by earnings (71% earnings payout ratio) but not covered by cash flows (214% cash payout ratio). The dividend has increased by an average of 18% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Board Change • Sep 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. MD, CEO & Director Marc Biron was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Buy Or Sell Opportunity • Aug 03Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.4% to €74.75. The fair value is estimated to be €94.81, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 21%. For the next 3 years, revenue is forecast to grow by 7.2% per annum. Earnings are also forecast to grow by 6.6% per annum over the same time period.
Upcoming Dividend • May 08Upcoming dividend of €1.68 per shareEligible shareholders must have bought the stock before 15 May 2024. Payment date: 17 May 2024. Payout ratio is a comfortable 71% but the company is not cash flow positive. Trailing yield: 4.5%. Lower than top quartile of German dividend payers (4.6%). Higher than average of industry peers (1.0%).
Reported Earnings • Apr 25First quarter 2024 earnings released: EPS: €1.31 (vs €1.26 in 1Q 2023)First quarter 2024 results: EPS: €1.31 (up from €1.26 in 1Q 2023). Revenue: €241.8m (up 5.8% from 1Q 2023). Net income: €52.9m (up 4.0% from 1Q 2023). Profit margin: 22% (in line with 1Q 2023). Revenue is forecast to grow 7.2% 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 27% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Reported Earnings • Apr 15Full year 2023 earnings released: EPS: €5.19 (vs €4.88 in FY 2022)Full year 2023 results: EPS: €5.19 (up from €4.88 in FY 2022). Revenue: €964.3m (up 15% from FY 2022). Net income: €209.5m (up 6.2% from FY 2022). Profit margin: 22% (down from 24% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 8.2% 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.
Declared Dividend • Feb 11Final dividend of €1.68 announcedShareholders will receive a dividend of €1.68. Ex-date: 15th May 2024 Payment date: 17th May 2024 Dividend yield will be 3.2%, which is higher than the industry average of 1.1%. Sustainability & Growth Dividend is covered by earnings (71% 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 18% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 19% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Feb 09Full year 2023 earnings released: EPS: €5.18 (vs €4.88 in FY 2022)Full year 2023 results: EPS: €5.18 (up from €4.88 in FY 2022). Revenue: €964.3m (up 15% from FY 2022). Net income: €209.5m (up 6.2% from FY 2022). Profit margin: 22% (down from 24% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 8.2% 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 6% per year, which means it is significantly lagging earnings.
Buy Or Sell Opportunity • Feb 08Now 22% undervaluedOver the last 90 days, the stock has risen 10% to €81.65. The fair value is estimated to be €104, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 38%. For the next 3 years, revenue is forecast to grow by 7.7% per annum. Earnings are also forecast to grow by 5.7% per annum over the same time period.
공시 • Feb 07Melexis NV, Annual General Meeting, May 14, 2024Melexis NV, Annual General Meeting, May 14, 2024.
Reported Earnings • Oct 26Third quarter 2023 earnings released: EPS: €1.41 (vs €1.21 in 3Q 2022)Third quarter 2023 results: EPS: €1.41 (up from €1.21 in 3Q 2022). Revenue: €248.6m (up 13% from 3Q 2022). Net income: €56.8m (up 17% from 3Q 2022). Profit margin: 23% (in line with 3Q 2022). Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
공시 • Oct 26+ 3 more updatesMelexis NV to Report Q2, 2024 Results on Jul 31, 2024Melexis NV announced that they will report Q2, 2024 results at 7:00 AM, Central European Standard Time on Jul 31, 2024
Upcoming Dividend • Oct 10Upcoming dividend of €0.91 per share at 4.3% yieldEligible shareholders must have bought the stock before 17 October 2023. Payment date: 19 October 2023. Payout ratio is a comfortable 69% but the company is not cash flow positive. Trailing yield: 4.3%. Lower than top quartile of German dividend payers (5.0%). Higher than average of industry peers (1.1%).
New Risk • Aug 04New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 45% 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 (45% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.
Reported Earnings • Aug 03Second quarter 2023 earnings released: EPS: €1.28 (vs €1.18 in 2Q 2022)Second quarter 2023 results: EPS: €1.28 (up from €1.18 in 2Q 2022). Revenue: €236.7m (up 14% from 2Q 2022). Net income: €51.9m (up 9.1% from 2Q 2022). Profit margin: 22% (in line with 2Q 2022). Revenue is forecast to grow 8.4% 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 42% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • May 03Upcoming dividend of €1.54 per share at 5.0% yieldEligible shareholders must have bought the stock before 10 May 2023. Payment date: 12 May 2023. Payout ratio is a comfortable 72% and the cash payout ratio is 80%. Trailing yield: 5.0%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (1.1%).
Reported Earnings • Apr 10Full year 2022 earnings released: EPS: €4.88 (vs €3.25 in FY 2021)Full year 2022 results: EPS: €4.88 (up from €3.25 in FY 2021). Revenue: €836.2m (up 30% from FY 2021). Net income: €197.2m (up 50% from FY 2021). Profit margin: 24% (up from 20% in FY 2021). 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 8.9% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Feb 02Full year 2022 earnings released: EPS: €4.88 (vs €3.25 in FY 2021)Full year 2022 results: EPS: €4.88 (up from €3.25 in FY 2021). Revenue: €836.2m (up 30% from FY 2021). Net income: €197.2m (up 50% from FY 2021). Profit margin: 24% (up from 20% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.9% 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 44% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
공시 • Nov 01+ 3 more updatesMelexis NV to Report Q2, 2023 Results on Aug 02, 2023Melexis NV announced that they will report Q2, 2023 results at 7:00 AM, Central European Standard Time on Aug 02, 2023
Reported Earnings • Oct 27Third quarter 2022 earnings released: EPS: €1.21 (vs €0.90 in 3Q 2021)Third quarter 2022 results: EPS: €1.21 (up from €0.90 in 3Q 2021). Revenue: €219.8m (up 35% from 3Q 2021). Net income: €48.8m (up 34% from 3Q 2021). Profit margin: 22% (in line with 3Q 2021). Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Oct 11Upcoming dividend of €0.91 per shareEligible shareholders must have bought the stock before 18 October 2022. Payment date: 20 October 2022. Payout ratio is a comfortable 63% and the cash payout ratio is 84%. Trailing yield: 3.7%. Lower than top quartile of German dividend payers (5.4%). Higher than average of industry peers (1.3%).
Buying Opportunity • Sep 24Now 21% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be €88.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 33%. For the next 3 years, revenue is forecast to grow by 8.4% per annum. Earnings is also forecast to grow by 5.7% per annum over the same time period.
Reported Earnings • Aug 27Second quarter 2022 earnings released: EPS: €1.18 (vs €0.83 in 2Q 2021)Second quarter 2022 results: EPS: €1.18 (up from €0.83 in 2Q 2021). Revenue: €208.4m (up 31% from 2Q 2021). Net income: €47.6m (up 42% from 2Q 2021). Profit margin: 23% (up from 21% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 19%, compared to a 12% 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 only increased by 9% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jul 28Second quarter 2022 earnings released: EPS: €1.18 (vs €0.83 in 2Q 2021)Second quarter 2022 results: EPS: €1.18 (up from €0.83 in 2Q 2021). Revenue: €208.4m (up 31% from 2Q 2021). Net income: €47.6m (up 42% from 2Q 2021). Profit margin: 23% (up from 21% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 15%, compared to a 14% growth forecast for the 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 only increased by 10% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • May 04Upcoming dividend of €0.91 per shareEligible shareholders must have bought the stock before 11 May 2022. Payment date: 13 May 2022. Payout ratio is a comfortable 69% and the cash payout ratio is 84%. Trailing yield: 3.2%. Lower than top quartile of German dividend payers (4.1%). Higher than average of industry peers (1.1%).
Reported Earnings • Apr 28First quarter 2022 earnings released: EPS: €1.20 (vs €0.69 in 1Q 2021)First quarter 2022 results: EPS: €1.20 (up from €0.69 in 1Q 2021). Revenue: €184.1m (up 18% from 1Q 2021). Net income: €48.6m (up 75% from 1Q 2021). Profit margin: 26% (up from 18% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 15%, compared to a 15% growth forecast for the 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 only increased by 3% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Apr 23Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 18%. The fair value is estimated to be €98.19, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.8% over the last 3 years. Earnings per share has grown by 6.8%. For the next 3 years, revenue is forecast to grow by 9.6% per annum. Earnings is also forecast to grow by 10% per annum over the same time period.
Buying Opportunity • Apr 07Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 24%. The fair value is estimated to be €97.11, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.8% over the last 3 years. Earnings per share has grown by 6.9%. For the next 3 years, revenue is forecast to grow by 9.6% per annum. Earnings is also forecast to grow by 10% per annum over the same time period.
Board Change • Mar 22Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Non-Executive Independent Director Martine Baelmans was the last independent director to join the board, commencing their role in 2014. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Buying Opportunity • Mar 08Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 28%. The fair value is estimated to be €94.70, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.8% per annum over the last 3 years. Earnings per share has grown by 6.9% per annum over the last 3 years.
공시 • Feb 04Melexis NV Provides Sales Guidance for the First Quarter of 2022Melexis NV provided sales guidance for the first quarter of 2022. The company expects the sales in the first quarter of 2022 to be in the range of EUR 177 million to EUR 183 million.
공시 • Feb 03Melexis NV, Annual General Meeting, May 10, 2022Melexis NV, Annual General Meeting, May 10, 2022.
Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS €0.90 (vs €0.37 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €162.8m (up 34% from 3Q 2020). Net income: €36.5m (up 145% from 3Q 2020). Profit margin: 22% (up from 12% 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 5% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.
Upcoming Dividend • Oct 12Upcoming dividend of €0.91 per shareEligible shareholders must have bought the stock before 19 October 2021. Payment date: 21 October 2021. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (3.3%). Higher than average of industry peers (0.7%).
Reported Earnings • Jul 29Second quarter 2021 earnings released: EPS €0.83 (vs €0.24 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €159.1m (up 59% from 2Q 2020). Net income: €33.5m (up 246% from 2Q 2020). Profit margin: 21% (up from 9.6% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
Upcoming Dividend • May 06Upcoming dividend of €0.63 per shareEligible shareholders must have bought the stock before 13 May 2021. Payment date: 17 May 2021. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (3.1%). Higher than average of industry peers (0.6%).
Reported Earnings • Apr 29First quarter 2021 earnings released: EPS €0.69 (vs €0.51 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €155.6m (up 13% from 1Q 2020). Net income: €27.8m (up 34% from 1Q 2020). Profit margin: 18% (up from 15% 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 23% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Reported Earnings • Apr 12Full year 2020 earnings released: EPS €1.72 (vs €1.49 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €507.5m (up 4.2% from FY 2019). Net income: €69.3m (up 15% from FY 2019). Profit margin: 14% (up from 12% in FY 2019). 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 increased by 1% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Mar 05Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €81.50, the stock is trading at a trailing P/E ratio of 49.8x, down from the previous P/E ratio of 58.8x. This compares to an average P/E of 79x in the Semiconductor industry in Germany. Total returns to shareholders over the past three years were flat.
Reported Earnings • Feb 06Full year 2020 earnings released: EPS €1.72 (vs €1.49 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €507.5m (up 4.2% from FY 2019). Net income: €69.3m (up 15% from FY 2019). Profit margin: 14% (up from 12% in FY 2019). 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 increased by 4% per year, which means it is well ahead of earnings.
Analyst Estimate Surprise Post Earnings • Feb 06Revenue beats expectationsRevenue exceeded analyst estimates by 0.3%. Over the next year, revenue is forecast to grow 20%, compared to a 16% growth forecast for the Semiconductor industry in Germany.
공시 • Feb 03+ 1 more updateMelexis NV, Annual General Meeting, May 11, 2021Melexis NV, Annual General Meeting, May 11, 2021.
Is New 90 Day High Low • Feb 03New 90-day high: €96.75The company is up 45% from its price of €66.85 on 05 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 37% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €28.13 per share.
Is New 90 Day High Low • Jan 15New 90-day high: €94.90The company is up 36% from its price of €69.75 on 16 October 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 28% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €28.57 per share.
Is New 90 Day High Low • Dec 28New 90-day high: €83.00The company is up 24% from its price of €66.80 on 29 September 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 33% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €27.66 per share.
Is New 90 Day High Low • Dec 11New 90-day high: €81.50The company is up 19% from its price of €68.50 on 11 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed 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 €25.27 per share.
Is New 90 Day High Low • Nov 25New 90-day high: €75.35The company is up 9.0% from its price of €69.00 on 26 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €24.34 per share.
Analyst Estimate Surprise Post Earnings • Nov 02Revenue beats expectationsRevenue exceeded analyst estimates by 8.6%. Over the next year, revenue is forecast to grow 13%, compared to a 19% growth forecast for the Semiconductor industry in Germany.
Reported Earnings • Nov 02Third quarter 2020 earnings released: EPS €0.37The company reported a poor third quarter result with weaker earnings and revenues, although profit margins were flat. Third quarter 2020 results: Revenue: €121.6m (down 1.4% from 3Q 2019). Net income: €14.9m (down 3.0% from 3Q 2019). Profit margin: 12% (in line with 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Oct 29New 90-day low: €63.85The company is down 12% from its price of €72.75 on 30 July 2020. The German market is down 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €34.40 per share.
Upcoming Dividend • Oct 13Upcoming Dividend of €0.91 Per ShareWill be paid on the 22nd of October to those who are registered shareholders by the 20th of October. The trailing yield of 1.8% is below the top quartile of German dividend payers (3.7%), but it is higher than industry peers (0.9%).
Is New 90 Day High Low • Oct 12New 90-day high: €74.45The company is up 10.0% from its price of €67.75 on 14 July 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €34.11 per share.
Is New 90 Day High Low • Sep 25New 90-day low: €64.95The company is down 3.0% from its price of €67.05 on 26 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 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €33.11 per share.