SUSS MicroTec SE

XTRA:SMHN Stock Report

Market Cap: €1.8b

SUSS MicroTec Past Earnings Performance

Past criteria checks 1/6

SUSS MicroTec has been growing earnings at an average annual rate of 28.2%, while the Semiconductor industry saw earnings growing at 5.2% annually. Revenues have been growing at an average rate of 17.3% per year. SUSS MicroTec's return on equity is 11.1%, and it has net margins of 7.6%.

Key information

28.20%

Earnings growth rate

28.25%

EPS growth rate

Semiconductor Industry Growth30.55%
Revenue growth rate17.28%
Return on equity11.10%
Net Margin7.61%
Next Earnings Update06 Aug 2026

Recent past performance updates

Analysis Article Apr 06

Weak Statutory Earnings May Not Tell The Whole Story For SUSS MicroTec (ETR:SMHN)

SUSS MicroTec SE's ( ETR:SMHN ) recent weak earnings report didn't cause a big stock movement. However, we believe that...
Analysis Article Aug 15

Additional Considerations Required While Assessing SUSS MicroTec's (ETR:SMHN) Strong Earnings

Last week's profit announcement from SUSS MicroTec SE ( ETR:SMHN ) was underwhelming for investors, despite headline...

Recent updates

Narrative Update May 27

SMHN: Mixed Rating Shifts And Higher P/E Assumptions Will Shape Future Returns

The analyst price target for SUSS MicroTec has been raised from about €61.38 to about €97.94, as analysts adjust their assumptions on growth, profitability and future P/E in light of recent research that includes both upgrades and downgrades on the stock. Analyst Commentary Recent research on SUSS MicroTec shows a split view among analysts, with some turning more optimistic and others taking a more cautious stance.
Narrative Update May 04

SMHN: Higher Fair Value Assumptions Balance 2026 Margin And Sales Headwinds

SUSS MicroTec’s analyst price target has been revised higher from about €60 to around €84, with analysts pointing to updated fair value assumptions, revenue growth expectations, profit margin forecasts and a slightly higher future P/E as key drivers of the change. Analyst Commentary Recent research updates on SUSS MicroTec have highlighted a more constructive stance from bullish analysts, with price targets moving higher and commentary centering on the company’s potential to support stronger valuation levels through execution on growth plans and profitability goals.
Narrative Update Apr 19

SMHN: Higher Multiple Assumptions And AI Exposure Will Shape Balanced Future Prospects

Analysts have lifted their price target on SUSS MicroTec by €4 to €61.38, reflecting updated assumptions on fair value, revenue expectations and future P/E multiples. Analyst Commentary Analysts lifting the price target to €61.38 signals a reassessment of what they see as fair value for SUSS MicroTec, with updated assumptions around revenue potential and the P/E multiple they are prepared to use.
Analysis Article Apr 06

Weak Statutory Earnings May Not Tell The Whole Story For SUSS MicroTec (ETR:SMHN)

SUSS MicroTec SE's ( ETR:SMHN ) recent weak earnings report didn't cause a big stock movement. However, we believe that...
Narrative Update Apr 05

SMHN: Rich Pricing Will Persist As Execution Risks Threaten Optimistic Assumptions

Analysts have increased their price target on SUSS MicroTec by €4 to reflect updated views on fair value, discount rates, and long-term assumptions for revenue growth, profit margins, and future P/E levels. Analyst Commentary Recent research has focused on how updated assumptions for growth, margins, and P/E levels feed into fair value estimates for SUSS MicroTec.
Narrative Update Mar 22

SMHN: Rich Pricing Will Persist As Modest Assumption Tweaks Signal Continued Froth

Analysts have nudged their price target for SUSS MicroTec slightly higher to around €40.41, reflecting updated assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E expectations. Valuation Changes Fair Value: updated slightly higher from €40.23 to €40.41.
Narrative Update Mar 07

SMHN: Rich Pricing Will Persist Despite Only Marginal Fundamental Adjustments

Analysts have kept their price target for SUSS MicroTec steady at about €40.23, citing largely unchanged fair value estimates, along with only modest tweaks to the discount rate, revenue growth assumptions, expected profit margins, and P/E levels. Valuation Changes Fair Value: Held steady at about €40.23, with no change in the underlying estimate.
Narrative Update Feb 21

SMHN: AI Hopes Will Face Rich Pricing And Execution Risk

Analysts have kept their price target for SUSS MicroTec broadly unchanged at about €40.23, with only small tweaks to assumptions such as discount rate, revenue growth, profit margin and future P/E feeding into the updated view. Valuation Changes Fair Value: The modelled fair value remains essentially unchanged at about €40.23 per share.
Narrative Update Feb 07

SMHN: AI Hopes Will Test Order Inflection And Execution Risk

The analyst price target for SUSS MicroTec has shifted from about €37 to roughly €40. Analysts cite an improved artificial intelligence outlook, expectations for an order inflection, and what they view as a still low valuation as key drivers of the change.
Narrative Update Jan 23

SMHN: AI Exposure Will Face Execution Risk Despite Raised Long Term Ambitions

The analyst fair value estimate for SUSS MicroTec has moved from €30.00 to €37.00, as analysts factor in improved artificial intelligence exposure, expectations for an order inflection, order weakness being reflected in existing estimates, and a mix of higher and lower recent Street price targets. Analyst Commentary Recent Street research on SUSS MicroTec shows a wide spread in opinion, with several firms lifting ratings and targets while others have turned more cautious.
Analysis Article Jan 16

What SUSS MicroTec SE's (ETR:SMHN) 32% Share Price Gain Is Not Telling You

SUSS MicroTec SE ( ETR:SMHN ) shares have continued their recent momentum with a 32% gain in the last month alone...
Narrative Update Jan 09

SMHN: AI Exposure And Order Inflection Will Shape Balanced Future Prospects

Our analyst price target for SUSS MicroTec is maintained, but the narrative tilts slightly more constructive as analysts highlight higher Street price targets in the €36 to €42 range, supported by improving artificial intelligence exposure, expectations for an order inflection and what they see as an undemanding valuation, even as one house turns more cautious with a €22 target. Analyst Commentary Recent Street research on SUSS MicroTec shows a mix of optimism and caution, with several upgrades and higher price targets set against one clear downgrade and a reduced target from another house.
Analysis Article Jan 03

Should You Investigate SUSS MicroTec SE (ETR:SMHN) At €40.84?

While SUSS MicroTec SE ( ETR:SMHN ) might not have the largest market cap around , it received a lot of attention from...
Narrative Update Dec 25

SMHN: AI Demand And Order Inflection Will Drive Future Upside Potential

Analysts have modestly raised their price target for SUSS MicroTec, reflecting improved conviction that artificial intelligence driven demand, an impending orders inflection, and a still attractive valuation together support potential upside from current levels. Analyst Commentary Street research has turned more constructive overall on SUSS MicroTec, with a series of recent upgrades and higher price targets framing a more positive skew in sentiment, even as some voices highlight execution and cycle risk.
Narrative Update Dec 11

SMHN: Improving AI Demand Will Drive Future Upside Potential

The analyst price target for SUSS MicroTec has been revised higher to EUR 39 from EUR 30, as analysts highlight an improving artificial intelligence outlook, a prospective order inflection, and a still-attractive valuation despite some recent target cuts. Analyst Commentary Recent rating and target changes show a broadly constructive shift in sentiment on SUSS MicroTec, with several upgrades to Buy and higher target prices, even as some houses trim expectations or turn more cautious.
Analysis Article Nov 29

Improved Earnings Required Before SUSS MicroTec SE (ETR:SMHN) Stock's 27% Jump Looks Justified

Despite an already strong run, SUSS MicroTec SE ( ETR:SMHN ) shares have been powering on, with a gain of 27% in the...
Narrative Update Nov 27

SMHN: Future AI Prospects Will Drive Renewed Momentum

The analyst price target for SUSS MicroTec has been raised significantly from €42.41 to €47.16. Analysts cite improving artificial intelligence prospects and emerging near-term catalysts as key drivers for the upgrade.
Narrative Update Oct 31

SMHN: Recent Price Weakness Will Create Long-Term Opportunity Despite Margin Pressures

The analyst price target for SUSS MicroTec has been reduced from €44.91 to €42.41 as analysts adjust expectations in response to lowered projections for revenue growth and profit margins. Analyst Commentary Recent analyst actions have highlighted a shift in sentiment for SUSS MicroTec, reflecting both optimistic and cautious perspectives on the company's outlook, valuation, and operational performance.
Analysis Article Oct 04

SUSS MicroTec SE's (ETR:SMHN) Shares Bounce 38% But Its Business Still Trails The Market

Those holding SUSS MicroTec SE ( ETR:SMHN ) shares would be relieved that the share price has rebounded 38% in the last...
Analysis Article Oct 03

At €32.96, Is It Time To Put SUSS MicroTec SE (ETR:SMHN) On Your Watch List?

SUSS MicroTec SE ( ETR:SMHN ), might not be a large cap stock, but it saw a significant share price rise of 37% in the...
Analysis Article Sep 19

Does SUSS MicroTec (ETR:SMHN) Deserve A Spot On Your Watchlist?

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article Sep 03

Are Investors Undervaluing SUSS MicroTec SE (ETR:SMHN) By 37%?

Key Insights Using the 2 Stage Free Cash Flow to Equity, SUSS MicroTec fair value estimate is €38.08 SUSS MicroTec's...
Analysis Article Aug 15

Additional Considerations Required While Assessing SUSS MicroTec's (ETR:SMHN) Strong Earnings

Last week's profit announcement from SUSS MicroTec SE ( ETR:SMHN ) was underwhelming for investors, despite headline...
Analysis Article Aug 13

SUSS MicroTec (ETR:SMHN) Has A Pretty Healthy Balance Sheet

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Narrative Update Aug 07

Advanced Tools And Taiwan Expansion Will Create Opportunities And Risks

The reduction in SUSS MicroTec's analyst price target primarily reflects lower expectations for both revenue growth and net profit margin, resulting in a revised fair value of €47.04. What's in the News Dividend of €0.30 per share approved for 2024, a 50% increase year-over-year, totaling €5.7 million payout.
Analysis Article Jul 30

Lacklustre Performance Is Driving SUSS MicroTec SE's (ETR:SMHN) 30% Price Drop

SUSS MicroTec SE ( ETR:SMHN ) shareholders won't be pleased to see that the share price has had a very rough month...
Analysis Article Jun 10

Is Now The Time To Look At Buying SUSS MicroTec SE (ETR:SMHN)?

While SUSS MicroTec SE ( ETR:SMHN ) might not have the largest market cap around , it led the XTRA gainers with a...
Analysis Article May 10

SUSS MicroTec SE's (ETR:SMHN) Share Price Boosted 33% But Its Business Prospects Need A Lift Too

SUSS MicroTec SE ( ETR:SMHN ) shareholders are no doubt pleased to see that the share price has bounced 33% in the last...
Analysis Article Apr 29

Are Investors Undervaluing SUSS MicroTec SE (ETR:SMHN) By 28%?

Key Insights The projected fair value for SUSS MicroTec is €46.17 based on 2 Stage Free Cash Flow to Equity SUSS...
User avatar
New Narrative Mar 30

New Taiwan Facility Will Improve Manufacturing Capacity And Efficiency

The new production site in Taiwan and high demand for UV projection scanners are expected to boost manufacturing capacity and drive revenue growth.
Analysis Article Mar 29

With EPS Growth And More, SÜSS MicroTec (ETR:SMHN) Makes An Interesting Case

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Mar 15

Is SÜSS MicroTec (ETR:SMHN) A Risky Investment?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Feb 27

Is Now An Opportune Moment To Examine SÜSS MicroTec SE (ETR:SMHN)?

SÜSS MicroTec SE ( ETR:SMHN ), might not be a large cap stock, but it saw significant share price movement during...
Analysis Article Dec 05

Is Now The Time To Put SÜSS MicroTec (ETR:SMHN) On Your Watchlist?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Nov 12

Why We're Not Concerned Yet About SÜSS MicroTec SE's (ETR:SMHN) 26% Share Price Plunge

SÜSS MicroTec SE ( ETR:SMHN ) shareholders won't be pleased to see that the share price has had a very rough month...
Analysis Article Oct 16

These 4 Measures Indicate That SÜSS MicroTec (ETR:SMHN) Is Using Debt Safely

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Analysis Article Sep 27

Investors Appear Satisfied With SÜSS MicroTec SE's (ETR:SMHN) Prospects As Shares Rocket 27%

SÜSS MicroTec SE ( ETR:SMHN ) shareholders would be excited to see that the share price has had a great month, posting...
Analysis Article Aug 28

A Look At The Fair Value Of SÜSS MicroTec SE (ETR:SMHN)

Key Insights Using the 2 Stage Free Cash Flow to Equity, SÜSS MicroTec fair value estimate is €62.46 SÜSS MicroTec's...

Revenue & Expenses Breakdown

How SUSS MicroTec makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

XTRA:SMHN Revenue, expenses and earnings (EUR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 26465357048
31 Dec 25503507147
30 Sep 25538587146
30 Jun 25522616945
31 Mar 25478586342
31 Dec 24447526040
30 Sep 24397435436
30 Jun 24365305234
31 Mar 24334254832
31 Dec 23304174631
30 Sep 23296284631
30 Jun 23288314330
31 Mar 23261253931
31 Dec 22260234129
30 Sep 2224194127
30 Jun 22249134426
31 Mar 22274174923
31 Dec 21263164822
30 Sep 21267204822
30 Jun 21257174721
31 Mar 21263194520
31 Dec 20252124420
30 Sep 20257-34320
30 Jun 20233-144321
31 Mar 20208-224321
31 Dec 19214-164220
30 Sep 19202-74119
30 Jun 19204-23919
31 Mar 1920653818
31 Dec 1820453818
30 Sep 1818663618
30 Jun 18194123517
31 Mar 18189123416
31 Dec 1716773315
30 Sep 17183123315
30 Jun 1717573415
31 Mar 1717333414
31 Dec 1617853414
30 Sep 1616303414
30 Jun 1616223313
31 Mar 1614903313
31 Dec 1514903213
30 Sep 1514423112
30 Jun 15131-23112

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

Growing Profit Margin: SMHN's current net profit margins (7.6%) are lower than last year (12.1%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: SMHN's earnings have grown significantly by 28.2% per year over the past 5 years.

Accelerating Growth: SMHN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: SMHN had negative earnings growth (-38.9%) over the past year, making it difficult to compare to the Semiconductor industry average (-38.9%).


Return on Equity

High ROE: SMHN's Return on Equity (11.1%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/05 17:35
End of Day Share Price 2026/06/05 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

SUSS MicroTec SE is covered by 17 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Guenther HollfelderBaader Helvea Equity Research
Nicole WinklerBerenberg
Tammy QiuBerenberg