XTRA:AIXA

Stock Analysis Report

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Executive Summary

AIXTRON SE, together with its subsidiaries, provides deposition equipment to the semiconductor industry in Germany, the United States, Korea, China, and Taiwan. More Details


Snowflake Analysis

Flawless balance sheet with acceptable track record.


Similar Companies

Share Price & News

How has AIXTRON's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: AIXA is not significantly more volatile than the rest of German stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: AIXA's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

4.0%

AIXA

-2.1%

DE Semiconductor

0.9%

DE Market


1 Year Return

81.4%

AIXA

81.6%

DE Semiconductor

17.3%

DE Market

Return vs Industry: AIXA underperformed the German Semiconductor industry which returned 83.5% over the past year.

Return vs Market: AIXA exceeded the German Market which returned 18.1% over the past year.


Shareholder returns

AIXAIndustryMarket
7 Day4.0%-2.1%0.9%
30 Day12.7%2.9%2.7%
90 Day46.6%22.0%8.5%
1 Year81.4%81.4%83.0%81.6%20.9%17.3%
3 Year9.5%9.5%52.3%47.0%16.9%6.7%
5 Year457.4%457.4%211.6%197.4%48.4%27.4%

Long-Term Price Volatility Vs. Market

How volatile is AIXTRON's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is AIXTRON undervalued compared to its fair value and its price relative to the market?

57.28x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: AIXA (€17.87) is trading above our estimate of fair value (€8.84)

Significantly Below Fair Value: AIXA is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: AIXA is good value based on its PE Ratio (57.3x) compared to the DE Semiconductor industry average (81.6x).

PE vs Market: AIXA is poor value based on its PE Ratio (57.3x) compared to the German market (24.8x).


Price to Earnings Growth Ratio

PEG Ratio: AIXA is poor value based on its PEG Ratio (2.6x)


Price to Book Ratio

PB vs Industry: AIXA is overvalued based on its PB Ratio (4x) compared to the DE Semiconductor industry average (3.4x).


Next Steps

Future Growth

How is AIXTRON forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

21.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AIXA's forecast earnings growth (21.7% per year) is above the savings rate (0.07%).

Earnings vs Market: AIXA's earnings (21.7% per year) are forecast to grow slower than the German market (21.9% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: AIXA's revenue (12.3% per year) is forecast to grow faster than the German market (6.1% per year).

High Growth Revenue: AIXA's revenue (12.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: AIXA's Return on Equity is forecast to be low in 3 years time (10.9%).


Next Steps

Past Performance

How has AIXTRON performed over the past 5 years?

52.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AIXA has a high level of non-cash earnings.

Growing Profit Margin: AIXA's current net profit margins (13%) are higher than last year (12.6%).


Past Earnings Growth Analysis

Earnings Trend: AIXA has become profitable over the past 5 years, growing earnings by 52% per year.

Accelerating Growth: AIXA's earnings growth over the past year (6.6%) is below its 5-year average (52% per year).

Earnings vs Industry: AIXA earnings growth over the past year (6.6%) exceeded the Semiconductor industry -48.8%.


Return on Equity

High ROE: AIXA's Return on Equity (6.9%) is considered low.


Next Steps

Financial Health

How is AIXTRON's financial position?


Financial Position Analysis

Short Term Liabilities: AIXA's short term assets (€378.2M) exceed its short term liabilities (€87.5M).

Long Term Liabilities: AIXA's short term assets (€378.2M) exceed its long term liabilities (€6.6M).


Debt to Equity History and Analysis

Debt Level: AIXA is debt free.

Reducing Debt: AIXA has not had any debt for past 5 years.

Debt Coverage: AIXA has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: AIXA has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is AIXTRON current dividend yield, its reliability and sustainability?

0.62%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: AIXA's dividend (0.62%) isn’t notable compared to the bottom 25% of dividend payers in the German market (0.92%).

High Dividend: AIXA's dividend (0.62%) is low compared to the top 25% of dividend payers in the German market (3.42%).


Stability and Growth of Payments

Stable Dividend: AIXA's dividend payments have been volatile in the past 10 years.

Growing Dividend: AIXA's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (35.3%), AIXA's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: AIXA is not forecast to pay a dividend in 3 years.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.5yrs

Average management tenure


CEO

AIXTRON has no CEO, or we have no data on them.


Leadership Team

NamePositionTenureCompensationOwnership
Bernd Schulte
President & Member of the Executive Board3.5yrs€1.31mno data
Felix Grawert
President & Member of the Executive Board3.5yrs€1.39mno data
Jochen Linck
CTO, COO & Member of Executive Board0.25yr€511.00kno data
Charles Russell
Chief Accounting Officerno datano datano data
Guido Pickert
VP of Investor Relations & Corporate Communicationno datano datano data

3.5yrs

Average Tenure

Experienced Management: AIXA's management team is considered experienced (3.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Kim Schindelhauer
Independent Chairman of the Supervisory Board3.5yrs€180.00kno data
Frits van Hout
Independent Deputy Chairman of the Supervisory Board1.83yrs€90.00kno data
Petra Denk
Independent Member of Supervisory Board9.83yrs€60.00kno data
Andreas Biagosch
Independent Member of Supervisory Board7.83yrs€60.00kno data
Anna Gersbacher
Independent Member of the Supervisory Board1.83yrs€80.00kno data

3.5yrs

Average Tenure

60yo

Average Age

Experienced Board: AIXA's board of directors are considered experienced (3.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

AIXTRON SE's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: AIXTRON SE
  • Ticker: AIXA
  • Exchange: XTRA
  • Founded: 1983
  • Industry: Semiconductor Equipment
  • Sector: Semiconductors
  • Market Cap: €2.023b
  • Shares outstanding: 111.84m
  • Website: https://www.aixtron.com

Number of Employees


Location

  • AIXTRON SE
  • Dornkaulstrasse 2
  • Herzogenrath
  • North Rhine-Westphalia
  • 52134
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AIXADB (Deutsche Boerse AG)YesOrdinary SharesDEEURMay 1998
AIXAXTRA (XETRA Trading Platform)YesOrdinary SharesDEEURMay 1998
0NP9LSE (London Stock Exchange)YesOrdinary SharesGBEURMay 1998
AIXX.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDMay 1998
AIXADBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURMay 1998
AIXASWX (SIX Swiss Exchange)YesOrdinary SharesCHCHFMay 1998
AIXTWBAG (Wiener Boerse AG)YesOrdinary SharesATEURMay 1998
AIXAETLX (Eurotlx)YesOrdinary SharesITEURMay 1998
AIIX.YOTCPK (Pink Sheets LLC)UNSPONSORD ADRUSUSDAug 2017
AIX2DB (Deutsche Boerse AG)UNSPONSORD ADRDEEURAug 2017

Biography

AIXTRON SE, together with its subsidiaries, provides deposition equipment to the semiconductor industry in Germany, the United States, Korea, China, and Taiwan. The company develops, produces, sells, and m...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/03 18:52
End of Day Share Price2021/03/03 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.