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Siltronic XTRA:WAF Stock Report

Last Price

€46.44

Market Cap

€1.4b

7D

-8.4%

1Y

-47.2%

Updated

19 Dec, 2024

Data

Company Financials +

Siltronic AG

XTRA:WAF Stock Report

Market Cap: €1.4b

WAF Stock Overview

Provides hyperpure semiconductor silicon wafers in Germany, rest of Europe, the United States, Taiwan and Mainland China, Korea, and Rest of Asia. More details

WAF fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance0/6
Financial Health4/6
Dividends2/6

Rewards

Trading at 82.4% below our estimate of its fair value

Revenue is forecast to grow 8.6% per year

Risk Analysis

Earnings are forecast to decline by an average of 22.8% per year for the next 3 years

High level of non-cash earnings

Dividend of 2.58% is not well covered by free cash flows

Profit margins (6.8%) are lower than last year (16%)


My Notes

Capture your thoughts, links and company narrative

Siltronic AG Competitors

AIXTRON

XTRA:AIXA

€1.6b

SÜSS MicroTec

XTRA:SMHN

€954.8m

SMA Solar Technology

XTRA:S92

€466.4m

PVA TePla

XTRA:TPE

€290.3m

Price History & Performance

Summary of share price highs, lows and changes for Siltronic
Historical stock prices
Current Share Price€46.44
52 Week High€94.00
52 Week Low€45.88
Beta1.57
1 Month Change-2.23%
3 Month Change-30.17%
1 Year Change-47.20%
3 Year Change-66.61%
5 Year Change-48.46%
Change since IPO40.09%

Recent News & Updates

The Returns On Capital At Siltronic (ETR:WAF) Don't Inspire Confidence

Dec 07
The Returns On Capital At Siltronic (ETR:WAF) Don't Inspire Confidence

Siltronic AG's (ETR:WAF) Share Price Not Quite Adding Up

Nov 19
Siltronic AG's (ETR:WAF) Share Price Not Quite Adding Up

Siltronic's (ETR:WAF) Shareholders Have More To Worry About Than Only Soft Earnings

Oct 31
Siltronic's (ETR:WAF) Shareholders Have More To Worry About Than Only Soft Earnings

Recent updates

The Returns On Capital At Siltronic (ETR:WAF) Don't Inspire Confidence

Dec 07
The Returns On Capital At Siltronic (ETR:WAF) Don't Inspire Confidence

Siltronic AG's (ETR:WAF) Share Price Not Quite Adding Up

Nov 19
Siltronic AG's (ETR:WAF) Share Price Not Quite Adding Up

Siltronic's (ETR:WAF) Shareholders Have More To Worry About Than Only Soft Earnings

Oct 31
Siltronic's (ETR:WAF) Shareholders Have More To Worry About Than Only Soft Earnings

Siltronic (ETR:WAF) Has A Somewhat Strained Balance Sheet

Oct 21
Siltronic (ETR:WAF) Has A Somewhat Strained Balance Sheet

What Is Siltronic AG's (ETR:WAF) Share Price Doing?

Sep 04
What Is Siltronic AG's (ETR:WAF) Share Price Doing?

The Returns On Capital At Siltronic (ETR:WAF) Don't Inspire Confidence

Aug 14
The Returns On Capital At Siltronic (ETR:WAF) Don't Inspire Confidence

Siltronic AG's (ETR:WAF) Low P/E No Reason For Excitement

Jul 19
Siltronic AG's (ETR:WAF) Low P/E No Reason For Excitement

Does Siltronic (ETR:WAF) Have A Healthy Balance Sheet?

Jun 05
Does Siltronic (ETR:WAF) Have A Healthy Balance Sheet?

Is Siltronic AG (ETR:WAF) Potentially Undervalued?

May 21
Is Siltronic AG (ETR:WAF) Potentially Undervalued?

Results: Siltronic AG Exceeded Expectations And The Consensus Has Updated Its Estimates

May 05
Results: Siltronic AG Exceeded Expectations And The Consensus Has Updated Its Estimates

Capital Allocation Trends At Siltronic (ETR:WAF) Aren't Ideal

Apr 22
Capital Allocation Trends At Siltronic (ETR:WAF) Aren't Ideal

Investors Don't See Light At End Of Siltronic AG's (ETR:WAF) Tunnel

Apr 04
Investors Don't See Light At End Of Siltronic AG's (ETR:WAF) Tunnel

Weak Statutory Earnings May Not Tell The Whole Story For Siltronic (ETR:WAF)

Mar 20
Weak Statutory Earnings May Not Tell The Whole Story For Siltronic (ETR:WAF)

Earnings Update: Siltronic AG (ETR:WAF) Just Reported Its Annual Results And Analysts Are Updating Their Forecasts

Mar 15
Earnings Update: Siltronic AG (ETR:WAF) Just Reported Its Annual Results And Analysts Are Updating Their Forecasts

Is Siltronic (ETR:WAF) Using Too Much Debt?

Feb 15
Is Siltronic (ETR:WAF) Using Too Much Debt?

Is Siltronic AG (ETR:WAF) Potentially Undervalued?

Feb 01
Is Siltronic AG (ETR:WAF) Potentially Undervalued?

There's No Escaping Siltronic AG's (ETR:WAF) Muted Earnings

Dec 28
There's No Escaping Siltronic AG's (ETR:WAF) Muted Earnings

Investors Could Be Concerned With Siltronic's (ETR:WAF) Returns On Capital

Nov 26
Investors Could Be Concerned With Siltronic's (ETR:WAF) Returns On Capital

We Think Siltronic (ETR:WAF) Is Taking Some Risk With Its Debt

Nov 10
We Think Siltronic (ETR:WAF) Is Taking Some Risk With Its Debt

At €72.50, Is Siltronic AG (ETR:WAF) Worth Looking At Closely?

Sep 12
At €72.50, Is Siltronic AG (ETR:WAF) Worth Looking At Closely?

Some Investors May Be Worried About Siltronic's (ETR:WAF) Returns On Capital

Aug 22
Some Investors May Be Worried About Siltronic's (ETR:WAF) Returns On Capital

We Think Siltronic (ETR:WAF) Is Taking Some Risk With Its Debt

Aug 02
We Think Siltronic (ETR:WAF) Is Taking Some Risk With Its Debt

Is Siltronic AG (ETR:WAF) Potentially Undervalued?

Jun 07
Is Siltronic AG (ETR:WAF) Potentially Undervalued?

Investors Could Be Concerned With Siltronic's (ETR:WAF) Returns On Capital

May 19
Investors Could Be Concerned With Siltronic's (ETR:WAF) Returns On Capital

We Think Siltronic (ETR:WAF) Can Stay On Top Of Its Debt

May 01
We Think Siltronic (ETR:WAF) Can Stay On Top Of Its Debt

An Intrinsic Calculation For Siltronic AG (ETR:WAF) Suggests It's 38% Undervalued

Apr 13
An Intrinsic Calculation For Siltronic AG (ETR:WAF) Suggests It's 38% Undervalued

Is Siltronic (ETR:WAF) Using Too Much Debt?

Jan 20
Is Siltronic (ETR:WAF) Using Too Much Debt?

Slowing Rates Of Return At Siltronic (ETR:WAF) Leave Little Room For Excitement

Dec 29
Slowing Rates Of Return At Siltronic (ETR:WAF) Leave Little Room For Excitement

Returns Are Gaining Momentum At Siltronic (ETR:WAF)

Sep 17
Returns Are Gaining Momentum At Siltronic (ETR:WAF)

Shareholder Returns

WAFDE SemiconductorDE Market
7D-8.4%-4.0%-2.6%
1Y-47.2%-21.7%7.1%

Return vs Industry: WAF underperformed the German Semiconductor industry which returned -16.8% over the past year.

Return vs Market: WAF underperformed the German Market which returned 8% over the past year.

Price Volatility

Is WAF's price volatile compared to industry and market?
WAF volatility
WAF Average Weekly Movement4.6%
Semiconductor Industry Average Movement7.1%
Market Average Movement4.9%
10% most volatile stocks in DE Market11.6%
10% least volatile stocks in DE Market2.5%

Stable Share Price: WAF has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: WAF's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20044,500Michael Heckmeierwww.siltronic.com

Siltronic AG, together with its subsidiaries, provides hyperpure semiconductor silicon wafers in Germany, rest of Europe, the United States, Taiwan and Mainland China, Korea, and Rest of Asia. It offers polished and epitaxial wafers. The company provides special products, such as Ultimate Silicon, an optimal crystal for polished wafers; Float zone/FZ, a wafer product based on the float zone method; and HIREF that offers low microroughness, and low-defect surface structure.

Siltronic AG Fundamentals Summary

How do Siltronic's earnings and revenue compare to its market cap?
WAF fundamental statistics
Market cap€1.39b
Earnings (TTM)€95.70m
Revenue (TTM)€1.41b

14.6x

P/E Ratio

1.0x

P/S Ratio

Is WAF overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WAF income statement (TTM)
Revenue€1.41b
Cost of Revenue€1.12b
Gross Profit€289.10m
Other Expenses€193.40m
Earnings€95.70m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 04, 2025

Earnings per share (EPS)3.19
Gross Margin20.52%
Net Profit Margin6.79%
Debt/Equity Ratio46.0%

How did WAF perform over the long term?

See historical performance and comparison

Dividends

2.6%

Current Dividend Yield

37%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 04:45
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

Siltronic AG is covered by 26 analysts. 11 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
Bruno BulicBaader Helvea Equity Research
Veysel TazeBankhaus Lampe KG