View ValuationSiltronic 향후 성장Future 기준 점검 1/6Siltronic (는) 각각 연간 29.8% 및 8.2% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 29.2% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 -4.3% 로 예상됩니다.핵심 정보29.8%이익 성장률29.20%EPS 성장률Semiconductor 이익 성장30.4%매출 성장률8.2%향후 자기자본이익률-4.32%애널리스트 커버리지Good마지막 업데이트08 May 2026최근 향후 성장 업데이트Price 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.공시 • 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.공시 • 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.모든 업데이트 보기Recent 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.공시 • Mar 30Siltronic AG, Annual General Meeting, May 08, 2026Siltronic AG, Annual General Meeting, May 08, 2026, at 10:00 W. Europe Standard Time.공시 • 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.공시 • 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, 2026공시 • 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, 2026공시 • 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.공시 • 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.공시 • Apr 03Siltronic AG, Annual General Meeting, May 12, 2025Siltronic AG, Annual General Meeting, May 12, 2025, at 10:00 W. Europe Standard Time.공시 • 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).공시 • 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.공시 • 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.공시 • 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, 2023공시 • 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.이익 및 매출 성장 예측DB:WAF - 애널리스트 향후 추정치 및 과거 재무 데이터 (EUR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20281,621-58191475812/31/20271,442-1451523891012/31/20261,293-227-14186103/31/20261,307-129-158193N/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/A더 보기애널리스트 향후 성장 전망수입 대 저축률: WAF 향후 3년 동안 수익성이 없을 것으로 예상됩니다.수익 vs 시장: WAF 향후 3년 동안 수익성이 없을 것으로 예상됩니다.고성장 수익: WAF 향후 3년 동안 수익성이 없을 것으로 예상됩니다.수익 대 시장: WAF 의 수익(연간 8.2%)이 German 시장(연간 6.8%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: WAF 의 수익(연간 8.2%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: WAF는 3년 뒤에도 수익성이 없을 것으로 전망됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YSemiconductors 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/22 11:46종가2026/05/22 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 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.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 소스Siltronic AG는 24명의 분석가가 다루고 있습니다. 이 중 10명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Guenther HollfelderBaader Helvea Equity ResearchBruno BulicBaader Helvea Equity ResearchGustav FrobergBerenberg21명의 분석가 더 보기
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.
공시 • 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.
공시 • 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.
공시 • Mar 30Siltronic AG, Annual General Meeting, May 08, 2026Siltronic AG, Annual General Meeting, May 08, 2026, at 10:00 W. Europe Standard Time.
공시 • 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.
공시 • 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
공시 • 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
공시 • 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.
공시 • 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.
공시 • Apr 03Siltronic AG, Annual General Meeting, May 12, 2025Siltronic AG, Annual General Meeting, May 12, 2025, at 10:00 W. Europe Standard Time.
공시 • 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).
공시 • 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.
공시 • 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.
공시 • 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
공시 • 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.