Valuation Update With 7 Day Price Move • May 07
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to CHF80.70, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 38x in the Semiconductor industry in Europe. Total returns to shareholders of 740% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF76.59 per share. Declared Dividend • Apr 28
Dividend of €0.04 announced Shareholders will receive a dividend of €0.04. Ex-date: 4th June 2026 Payment date: 8th June 2026 Dividend yield will be 0.06%, which is lower than the industry average of 1.2%. Announcement • Apr 22
SUSS MicroTec SE, Annual General Meeting, Jun 03, 2026 SUSS MicroTec SE, Annual General Meeting, Jun 03, 2026, at 10:00 W. Europe Standard Time. Announcement • Mar 31
SUSS MicroTec SE announces Annual dividend, payable on June 08, 2026 SUSS MicroTec SE announced Annual dividend of EUR 0.0400 per share payable on June 08, 2026, ex-date on June 04, 2026 and record date on June 05, 2026. Announcement • Jun 05
Annual General Meeting Approves Dividend for the 2024 Financial Year SUSS MicroTec SE resolved to distribute a dividend of €0.30 per share for the 2024 financial year, a 50% increase compared to the previous year, which corresponds to a total dividend payout of €5.7 million. Announcement • May 27
Suss MicroTec SE Introduces the XBC300 Gen2 D2W Platform SUSS MicroTec SE introduced the XBC300 Gen2 D2W platform - a customized bonding solution that completes the company's hybrid bonding portfolio. This new platform underscores SUSS' position as an industry leader in providing a fully integrated D2W hybrid bonding solution for demanding manufacturing requirements. The new SUSS process solution enables die-to-wafer (D2W) bonding on 200mm and 300mm substrates and meets the most demanding inter-die spacing requirements. It is an ideal platform to produce high-precision chips due to footprint savings of up to 40% and a post-bond accuracy of < +-200 nm. With the integrated platform, all process steps, in particular surface activation and die positioning, are carried out in a single, fully automated solution. The integration ensures greater cleanliness and improved process control compared to modular competitor solutions. D2W bonding is an advanced semiconductor manufacturing process that precisely dielectrically and metallically bonds individual chips together on wafers to create highly precise, stable and conductive tracks. The new SUSS platform is ideal for 3D IC technologies for efficient processing of multiple die layers on top of each other, for example in high-bandwidth memory (HBM) applications. The XBC300 Gen2 D 2W platform, which is already available for customer demonstrations at the Application Center in Sternenfels, Germany, was developed in close collaboration with SET Corporation SA, a leading specialist in flip-chip bonders. The integration of SET's ultra-precision die bonder into the SUSS platform creates a powerful, fully integrated platform that meets the needs of the industry in research, development and high-volume manufacturing. Announcement • Apr 19
SÜSS MicroTec SE, Annual General Meeting, Jun 03, 2025 SÜSS MicroTec SE, Annual General Meeting, Jun 03, 2025, at 10:00 W. Europe Standard Time. Announcement • Mar 28
SÜSS MicroTec SE announces Annual dividend, payable on June 06, 2025 SÜSS MicroTec SE announced Annual dividend of EUR 0.3000 per share payable on June 06, 2025, ex-date on June 04, 2025 and record date on June 05, 2025. Announcement • Jan 03
SÜSS MicroTec SE to Report Fiscal Year 2024 Results on Mar 27, 2025 SÜSS MicroTec SE announced that they will report fiscal year 2024 results on Mar 27, 2025 Reported Earnings • Aug 09
Second quarter 2024 earnings released: EPS: €0.64 (vs €0.33 in 2Q 2023) Second quarter 2024 results: EPS: €0.64 (up from €0.33 in 2Q 2023). Revenue: €99.3m (up 45% from 2Q 2023). Net income: €12.1m (up 91% from 2Q 2023). Profit margin: 12% (up from 9.3% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Semiconductor industry in Europe. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Upcoming Dividend • Jun 05
Upcoming dividend of €0.20 per share Eligible shareholders must have bought the stock before 12 June 2024. Payment date: 14 June 2024. Payout ratio is a comfortable 15% but the company is not cash flow positive. Trailing yield: 0.4%. Lower than top quartile of Swiss dividend payers (4.1%). Lower than average of industry peers (0.8%). Reported Earnings • May 09
First quarter 2024 earnings released: EPS: €0.54 (vs €0.11 in 1Q 2023) First quarter 2024 results: EPS: €0.54 (up from €0.11 in 1Q 2023). Revenue: €93.5m (up 33% from 1Q 2023). Net income: €10.4m (up 394% from 1Q 2023). Profit margin: 11% (up from 3.0% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Semiconductor industry in Europe. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. New Risk • Mar 28
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.7% Last year net profit margin: 8.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. This is currently the only risk that has been identified for the company. Reported Earnings • Mar 28
Full year 2023 earnings released: EPS: €0.91 (vs €1.28 in FY 2022) Full year 2023 results: EPS: €0.91 (down from €1.28 in FY 2022). Revenue: €304.3m (up 1.7% from FY 2022). Net income: €17.3m (down 29% from FY 2022). Profit margin: 5.7% (down from 8.2% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Semiconductor industry in Europe. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Jan 16
Focuslight (HK) Investment Management Co. Ltd. completed the acquisition of Suss Microoptics S.A. from SÜSS MicroTec SE (XTRA:SMHN). Focuslight (HK) Investment Management Co. Ltd signed an agreement to acquire SUSS MicroOptics SA from SÜSS MicroTec SE (XTRA:SMHN) for €75.5 million on November 8, 2023. The transaction volume includes the acquisition of all shares of SUSS MicroOptics and the redemption of financial debt. Upon completion, SUSS MicroTec group is expected to gain extraordinary income before taxes in a range of around €40 to 45 million. SUSS MicroOptics has a contributed sales in the amount of €39.2 million. The transaction is subject to pending approvals and it is expected to be completed in the first quarter of 2024.
Focuslight (HK) Investment Management Co. Ltd. completed the acquisition of Suss Microoptics S.A. from SÜSS MicroTec SE (XTRA:SMHN) on January 16, 2024. Announcement • Jan 06
SÜSS MicroTec SE, Annual General Meeting, Jun 11, 2024 SÜSS MicroTec SE, Annual General Meeting, Jun 11, 2024. Reported Earnings • Nov 10
Third quarter 2023 earnings released: €0.06 loss per share (vs €0.19 profit in 3Q 2022) Third quarter 2023 results: €0.06 loss per share (down from €0.19 profit in 3Q 2022). Revenue: €70.0m (flat on 3Q 2022). Net income: €378.0k (down 90% from 3Q 2022). Profit margin: 0.5% (down from 5.1% in 3Q 2022). Revenue is forecast to grow 10.0% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Semiconductor industry in Europe. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Nov 09
Focuslight (HK) Investment Management Co. Ltd signed an agreement to acquire SUSS MicroOptics SA from SÜSS MicroTec SE (XTRA:SMHN) for €75.5 million. Focuslight (HK) Investment Management Co. Ltd signed an agreement to acquire SUSS MicroOptics SA from SÜSS MicroTec SE (XTRA:SMHN) for €75.5 million on October 8, 2023. The transaction volume includes the acquisition of all shares of SUSS MicroOptics and the redemption of financial debt. Upon completion, SUSS MicroTec group is expected to gain extraordinary income before taxes in a range of around €40 to 45 million. SUSS MicroOptics has a contributed sales in the amount of €39.2 million. The transaction is subject to pending approvals and it is expected to be completed in the first quarter of 2024. Announcement • Aug 04
SÜSS MicroTec SE Revises Earnings Guidance for the Full Year 2023 SÜSS MicroTec SE revised earnings guidance for the full year 2023. For the year, the company is now assuming that it will achieve Group sales within a range of EUR 320 million to EUR 340 million. Previously, EUR 320 million to EUR 360 million had been anticipated. Reported Earnings • Aug 04
Second quarter 2023 earnings released: EPS: €0.21 (vs €0.11 in 2Q 2022) Second quarter 2023 results: EPS: €0.21 (up from €0.11 in 2Q 2022). Revenue: €74.1m (up 21% from 2Q 2022). Net income: €4.07m (up 86% from 2Q 2022). Profit margin: 5.5% (up from 3.6% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the Semiconductor industry in Europe. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Upcoming Dividend • May 25
Upcoming dividend of €0.20 per share at 0.8% yield Eligible shareholders must have bought the stock before 01 June 2023. Payment date: 05 June 2023. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of Swiss dividend payers (4.4%). Lower than average of industry peers (1.0%). Reported Earnings • May 14
First quarter 2023 earnings released: EPS: €0.11 (vs €0.07 in 1Q 2022) First quarter 2023 results: EPS: €0.11 (up from €0.07 in 1Q 2022). Revenue: €70.4m (up 11% from 1Q 2022). Net income: €2.10m (up 48% from 1Q 2022). Profit margin: 3.0% (up from 2.2% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Semiconductor industry in Europe. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Apr 02
Full year 2022 earnings released: EPS: €1.28 (vs €0.84 in FY 2021) Full year 2022 results: EPS: €1.28 (up from €0.84 in FY 2021). Revenue: €299.1m (up 14% from FY 2021). Net income: €24.5m (up 53% from FY 2021). Profit margin: 8.2% (up from 6.1% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Semiconductor industry in Europe. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Sep 17
SÜSS MicroTec SE, Annual General Meeting, May 31, 2023 SÜSS MicroTec SE, Annual General Meeting, May 31, 2023. Reported Earnings • Aug 05
Second quarter 2022 earnings released: EPS: €0.11 (vs €0.22 in 2Q 2021) Second quarter 2022 results: EPS: €0.11 (down from €0.22 in 2Q 2021). Revenue: €61.5m (down 6.6% from 2Q 2021). Net income: €2.19m (down 49% from 2Q 2021). Profit margin: 3.6% (down from 6.5% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 11%, compared to a 20% growth forecast for the industry in Switzerland. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Aug 05
SÜSS MicroTec SE Provides Revenue Guidance for the Second Half and Full Year of Fiscal 2022 SÜSS MicroTec SE provided revenue guidance for the second half and full year of fiscal 2022. For the second half, the company expected that revenue will likely be significantly higher than in the first half of the year.For the full year, the company expects sales of between EUR 270 million and EUR 300 million as well as an EBIT margin between 8.5% and 10.5% in 2022. As in the previous year. Reported Earnings • May 13
First quarter 2022 earnings released: EPS: €0.07 (vs €0.04 in 1Q 2021) First quarter 2022 results: EPS: €0.07 (up from €0.04 in 1Q 2021). Revenue: €63.3m (up 20% from 1Q 2021). Net income: €1.42m (up 83% from 1Q 2021). Profit margin: 2.2% (up from 1.5% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 9.8%, compared to a 27% growth forecast for the industry in Switzerland. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • May 13
SÜSS MicroTec SE Provides Earnings Guidance for the Year 2022 SÜSS MicroTec SE provided earnings guidance for the year 2022. In spite of this difficult environment, the company continue to expect revenue between €270 million and €300 million and an EBIT margin between 8.5% and 10.5% for 2022. Reported Earnings • Apr 01
Full year 2021 earnings released: EPS: €0.84 (vs €0.65 in FY 2020) Full year 2021 results: EPS: €0.84 (up from €0.65 in FY 2020). Revenue: €263.4m (up 4.5% from FY 2020). Net income: €16.0m (up 30% from FY 2020). Profit margin: 6.1% (up from 4.9% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 14%, compared to a 21% growth forecast for the industry in Switzerland. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • Feb 05
SÜSS MicroTec SE Announces Stepping Down of Dietmar Meister as Member of the Supervisory Board and Chair of the Audit Committee, Effective March 1, 2022 SÜSS MicroTec SE announced that Dr. Dietmar Meister has informed the company that he is stepping down as Member of the Supervisory Board and Chair of the Audit Committee of SUSS MicroTec SE after the statutory notice period, effective March 1, 2022. Reported Earnings • Nov 12
Third quarter 2021 earnings released: EPS €0.37 (vs €0.24 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €70.0m (up 16% from 3Q 2020). Net income: €7.08m (up 56% from 3Q 2020). Profit margin: 10% (up from 7.5% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 06
Second quarter 2021 earnings released: EPS €0.22 (vs €0.30 in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €65.8m (down 8.0% from 2Q 2020). Net income: €4.27m (down 26% from 2Q 2020). Profit margin: 6.5% (down from 8.0% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Announcement • Aug 06
SÜSS MicroTec SE Provides Earnings Guidance for the Year 2021 SÜSS MicroTec SE provided earnings guidance for the year 2021. For the year 2021 of revenue between EUR 270 million and EUR 290 million. Reported Earnings • May 14
First quarter 2021 earnings released: EPS €0.04 (vs €0.28 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €52.6m (up 26% from 1Q 2020). Net income: €775.0k (up €6.16m from 1Q 2020). Profit margin: 1.5% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Announcement • May 13
SÜSS MicroTec SE Provides Earnings Guidance for the first quarter 2021 and full Year 2021 SÜSS MicroTec SE provided earnings guidance for the first quarter 2021 and full Year 2021. For the quarter, the company had a strong order backlog of around €148 million.
For the full year 2021, the company to expect an increase in order entry and an increase in sales in a range of €270 million to €290 million. Earnings before interest and income taxes (EBIT) should develop positively, too. Announcement • Mar 12
SÜSS MicroTec SE Announces CEO Changes SÜSS MicroTec SE announced that Dr. Götz Bendele will take over the position as Chief Executive Officer of SUSS MicroTec SE on May 1, 2021. The current Chief Executive Officer, Dr. Franz Richter is leaving the company for reasons of age and will step down from office on April 30, 2021. Announcement • Mar 11
SÜSS MicroTec SE Appoints Thomas Rohe as Chief Operating Officer, Starting on June 1, 2021 SÜSS MicroTec SE announced that Dr. Thomas Rohe was appointed as Chief Operating Officer, starting on June 1, 2021. Dr. Rohe will be responsible for all areas relevant to production at the various locations as well as supply chain management. Dr. Rohe, 54, is currently the managing director of Fluke Deutschland GmbH, one of the world's leading manufacturers of test equipment and software from southern Germany. Before that, from 2014 to 2019 he was a member of the management board (Chief Operating Officer) for Prüftechnik Dieter Busch AG (later Prüftechnik Dieter Busch GmbH), which was acquired by Fluke in 2019. Announcement • Feb 10
SUSS MicroTec Announces to Resume the Production of UV Projection Scanner Systems SUSS MicroTec announced to resume the production of UV projection scanner systems that was discontinued early 2020. Going forward, the scanners will no longer be manufactured in the USA, but at its new production site in Taiwan. The first machines will be manufactured and delivered from the Taiwan factory later in 2021. The market expectations for UV projection scanners have improved considerably compared to last year. The interest of potential customers in our scanner technology has increased significantly, as high capital investments are currently directed into the addressed market segment. In addition to negotiations about the purchase of several machines for the next years, short-term purchase intentions are expected to be realized. The significant improvement of market prospects and conditions enabled an attractive business case. Under these new conditions, the management board has decided to restart production in its new facility in HsinChu, Taiwan. In early 2020, due to weak market expectations for the product lines UV projection scanners and laser tools, the management board had decided to discontinue production and marketing of these product lines at the site in Corona, USA. The short-term investment forecasts of potential customers were very low at that time, so that a continuation of the product lines would have resulted in high annual cash outflows. The Management Board expects that the UV projection scanners produced in Taiwan will already make a positive contribution to earnings this year. Announcement • Dec 11
SUSS MicroTec Announces New Mask Aligner for Imprint SUSS MicroTec announced the launch of its latest generation mask aligner, the MA8 Gen5. The new semi-automated tool is specifically aimed at imprint lithography, a key enabling technology for many trending applications such as face or fingerprint recognition, light carpets or augmented reality. The new platform introduces improved imprint processing features for standard, advanced and high-end processes and provides additional improved functionalities, including the further enhanced SUSS leveling system. The leveling system in particular offers an effective means to achieve an even more precise parallelism between stamp and substrate. Configured for handling wafers up to 200 mm, the MA8 Gen5 is a highly attractive solution that meets the requirements of a large variety of imprint applications in the field of LED, MEMS/NEMS, micro-optics, augmented reality and opto-electronic sensors, using the renowned SUSS SMILE imprint technology. The MA8 Gen5 is designed as a stand-alone tool, and can also be integrated as a module into a fully automated cluster system for high-volume production. Announcement • Nov 12
SUSS MicroTec Appoints Bernd Schulte to the Supervisory Board SUSS MicroTec announced that Dr. Bernd Schulte will strengthen the supervisory board of SUSS MicroTec SE by entry in the commercial register on November 6, 2020. With the appointment of Dr. Schulte, the company's Supervisory Board now consists of five members and is therefore fully occupied in accordance with the Articles of Association. Dr. Schulte has been with AIXTRON SE (until 12/2010: AIXTRON AG) since 1993. In 2002 he was appointed to the Management Board and was most recently responsible for research and development, procurement, investor relations and communication. Dr. Schulte studied physics at the Technical University of Darmstadt and received his doctorate there in 1993. Reported Earnings • Nov 11
Third quarter 2020 earnings released: EPS €0.24 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: €60.6m (up 64% from 3Q 2019). Net income: €4.55m (up €11.4m from 3Q 2019). Profit margin: 7.5% (up from net loss in 3Q 2019). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 104% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Announcement • Jul 31
SÜSS MicroTec SE (XTRA:SMHN) completed the acquisition of Inkjet Printing Business (PiXDRO) from Meyer Burger (Netherlands) B.V. for €3.9 million. SÜSS MicroTec SE (XTRA:SMHN) entered into an agreement to acquire Inkjet Printing Business (PiXDRO) from Meyer Burger (Netherlands) B.V. for €4.5 million on December 19, 2019. The consideration will be paid in cash. PiXDRO had a revenue of around €7 million. As part of transaction 30 employees from Meyer Burger (Netherlands) B.V. will move rom Meyer Burger (Netherlands) B.V. to SÜSS MicroTec SE. The transaction is subject to standard market completion conditions. The transaction is expected to close by the end of February 2020. Globalscope Partners Limited member DEX international M&A acted as a financial advisor to Meyer Burger (Netherlands) B.V.
SÜSS MicroTec SE (XTRA:SMHN) completed the acquisition of Inkjet Printing Business (PiXDRO) from Meyer Burger (Netherlands) B.V. for €3.9 million on March 31, 2020. 
