Soitec Valuation

Q: What is the Fair Price of SOI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

SOI (€96.85) is trading below our estimate of [[fair value]] (€137.88)

Is SOI undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of SOI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: SOI (€96.85) is trading below our estimate of fair value (€137.88)

Significantly Below Fair Value: SOI is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for SOI?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for SOI. This is calculated by dividing SOI's market cap by their current preferred multiple.
What is SOI's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	€3.48b

SOI key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	3.6x
Enterprise Value/EBITDA	12x
PEG Ratio	1x

Price to Earnings Ratio vs Peers

How does SOI's PE Ratio compare to its peers?

The above table shows the PE ratio for SOI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	20.4x
968 Xinyi Solar Holdings	7x	12.7%	HK$29.1b
3436 Sumco	20.6x	25.8%	JP¥551.8b
CAMT Camtek	39.2x	22.7%	US$3.9b
ACLS Axcelis Technologies	14.6x	3.3%	US$3.5b
SOI Soitec	19.6x	18.8%	€3.5b

Price-To-Earnings vs Peers: SOI is good value based on its Price-To-Earnings Ratio (19.6x) compared to the peer average (20.4x).

Price to Earnings Ratio vs Industry

How does SOI's PE Ratio compare vs other companies in the European Semiconductor Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	21.5%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	21.5%
	n/a	n/a	n/a

No more companies

Price-To-Earnings vs Industry: SOI is expensive based on its Price-To-Earnings Ratio (19.6x) compared to the European Semiconductor industry average (18.5x).

Price to Earnings Ratio vs Fair Ratio

What is SOI's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SOI PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	19.6x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate SOI's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst SOI forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	€96.85	€145.44 +50.2%	14.9%	€181.00	€110.00	n/a	18
Sep ’25	n/a	€145.44 0%	14.9%	€181.00	€110.00	n/a	18
Aug ’25	n/a	€145.44 0%	14.9%	€181.00	€110.00	n/a	18
Jul ’25	n/a	€143.83 0%	16.6%	€184.00	€110.00	n/a	18
Jun ’25	n/a	€142.17 0%	15.9%	€184.00	€110.00	n/a	18
May ’25	n/a	€141.00 0%	18.9%	€194.00	€95.00	n/a	18
Apr ’25	n/a	€162.82 0%	15.3%	€200.00	€109.00	n/a	17
Mar ’25	n/a	€185.78 0%	19.2%	€270.00	€109.00	n/a	18
Feb ’25	n/a	€193.41 0%	16.6%	€270.00	€109.00	n/a	17
Jan ’25	n/a	€194.59 0%	16.3%	€270.00	€109.00	n/a	17
Dec ’24	n/a	€194.59 0%	16.3%	€270.00	€109.00	n/a	17
Nov ’24	n/a	€200.19 0%	18.9%	€285.00	€102.00	n/a	16
Oct ’24	n/a	€198.59 0%	18.8%	€285.00	€102.00	n/a	17
Sep ’24	n/a	€196.82 0%	19.2%	€285.00	€102.00	n/a	17
Aug ’24	n/a	€192.88 0%	20.7%	€285.00	€102.00	n/a	16
Jul ’24	n/a	€186.82 0%	19.8%	€285.00	€102.00	n/a	17
Jun ’24	n/a	€189.73 0%	20.6%	€285.00	€100.00	n/a	15
May ’24	n/a	€191.21 0%	10.0%	€245.00	€170.00	n/a	14
Apr ’24	n/a	€190.36 0%	9.5%	€219.00	€145.00	n/a	14
Mar ’24	n/a	€191.54 0%	9.5%	€219.00	€145.00	n/a	13
Feb ’24	n/a	€205.38 0%	11.5%	€272.00	€175.00	n/a	13
Jan ’24	n/a	€220.33 0%	13.7%	€275.00	€190.00	n/a	12
Dec ’23	n/a	€221.73 0%	14.0%	€275.00	€190.00	n/a	11
Nov ’23	n/a	€212.45 0%	16.3%	€275.00	€175.00	n/a	11
Oct ’23	n/a	€218.45 0%	15.2%	€275.00	€175.00	n/a	11
Sep ’23	n/a	€222.09 0%	14.4%	€275.00	€175.00	n/a	11

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.