WAF1 Stock Overview
Siltronic AG, together with its subsidiaries, manufactures and sells hyperpure semiconductor silicon wafers with diameters of up to 300 mm worldwide.
Price History & Performance
|Historical stock prices|
|Current Share Price||€119.80|
|52 Week High||€143.30|
|52 Week Low||€109.80|
|1 Month Change||0%|
|3 Month Change||-0.17%|
|1 Year Change||-14.31%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-14.31%|
Recent News & Updates
|WAF1||DE Semiconductor||DE Market|
Return vs Industry: WAF1 exceeded the German Semiconductor industry which returned -16.5% over the past year.
Return vs Market: WAF1 underperformed the German Market which returned -10.4% over the past year.
|WAF1 Average Weekly Movement||n/a|
|Semiconductor Industry Average Movement||7.2%|
|Market Average Movement||6.4%|
|10% most volatile stocks in DE Market||10.8%|
|10% least volatile stocks in DE Market||3.5%|
Stable Share Price: Insufficient data to determine WAF1's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine WAF1's volatility change over the past year.
About the Company
|1953||3,902||Christoph von Plotho||https://www.siltronic.com|
Siltronic AG, together with its subsidiaries, manufactures and sells hyperpure semiconductor silicon wafers with diameters of up to 300 mm worldwide. It offers polished and epitaxial wafers. The company also provides special products, such as Ultimate Silicon, an optimal crystal for polished wafers; PowerFZ, a wafer product based on the float zone method; and HIREF, a high reflective non-polished wafer product.
Siltronic Fundamentals Summary
|WAF1 fundamental statistics|
Is WAF1 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|WAF1 income statement (TTM)|
|Cost of Revenue||€964.20m|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
May 10, 2022
|Earnings per share (EPS)||8.44|
|Net Profit Margin||18.02%|
How did WAF1 perform over the long term?See historical performance and comparison
3.3%Current Dividend Yield
Is Siltronic undervalued compared to its fair value and its price relative to the market?
Valuation Score 4/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: WAF1 (€119.8) is trading above our estimate of fair value (€97.36)
Significantly Below Fair Value: WAF1 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: WAF1 is good value based on its PE Ratio (10.6x) compared to the German Semiconductor industry average (22x).
PE vs Market: WAF1 is good value based on its PE Ratio (10.6x) compared to the German market (18.8x).
Price to Earnings Growth Ratio
PEG Ratio: WAF1 is good value based on its PEG Ratio (0.9x)
Price to Book Ratio
PB vs Industry: WAF1 is good value based on its PB Ratio (2.3x) compared to the DE Semiconductor industry average (2.8x).
How is Siltronic forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Future Growth Score4/6
Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WAF1's forecast earnings growth (12.1% per year) is above the savings rate (-0.05%).
Earnings vs Market: WAF1's earnings (12.1% per year) are forecast to grow faster than the German market (9% per year).
High Growth Earnings: WAF1's earnings are forecast to grow, but not significantly.
Revenue vs Market: WAF1's revenue (9.4% per year) is forecast to grow faster than the German market (5.4% per year).
High Growth Revenue: WAF1's revenue (9.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: WAF1's Return on Equity is forecast to be high in 3 years time (20.3%)
How has Siltronic performed over the past 5 years?
Past Performance Score4/6
Past Performance Score 4/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WAF1 has a high level of non-cash earnings.
Growing Profit Margin: WAF1's current net profit margins (18%) are higher than last year (13.3%).
Past Earnings Growth Analysis
Earnings Trend: WAF1's earnings have grown by 7.5% per year over the past 5 years.
Accelerating Growth: WAF1's earnings growth over the past year (57.5%) exceeds its 5-year average (7.5% per year).
Earnings vs Industry: WAF1 earnings growth over the past year (57.5%) underperformed the Semiconductor industry 115.9%.
Return on Equity
High ROE: WAF1's Return on Equity (22%) is considered high.
How is Siltronic's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: WAF1's short term assets (€994.6M) exceed its short term liabilities (€307.4M).
Long Term Liabilities: WAF1's short term assets (€994.6M) exceed its long term liabilities (€829.2M).
Debt to Equity History and Analysis
Debt Level: WAF1 is debt free.
Reducing Debt: WAF1 has no debt compared to 5 years ago when its debt to equity ratio was 9.5%.
Debt Coverage: WAF1 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: WAF1 has no debt, therefore coverage of interest payments is not a concern.
What is Siltronic current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: WAF1's dividend (3.34%) is higher than the bottom 25% of dividend payers in the German market (1.31%).
High Dividend: WAF1's dividend (3.34%) is low compared to the top 25% of dividend payers in the German market (4.08%).
Stability and Growth of Payments
Stable Dividend: WAF1 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: WAF1's dividend payments have increased, but the company has only paid a dividend for 4 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.5%), WAF1's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (83%), WAF1's dividend payments are covered by cash flows.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Christoph von Plotho (66 yo)
Dr. Christoph von Plotho has been the Chairman of Executive Board and Chief Executive Officer of Siltronic AG since October 2010 and served as its President until 2018. Dr. von Plotho is responsible for Ap...
CEO Compensation Analysis
Compensation vs Market: Christoph's total compensation ($USD1.80M) is about average for companies of similar size in the German market ($USD2.09M).
Compensation vs Earnings: Christoph's compensation has been consistent with company performance over the past year.
Experienced Management: WAF1's management team is seasoned and experienced (11.5 years average tenure).
Experienced Board: WAF1's board of directors are considered experienced (4.1 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Siltronic AG's employee growth, exchange listings and data sources
- Name: Siltronic AG
- Ticker: WAF1
- Exchange: XTRA
- Founded: 1953
- Industry: Semiconductor Equipment
- Sector: Semiconductors
- Implied Market Cap: €2.691b
- Shares outstanding: 30.00m
- Website: https://www.siltronic.com
Number of Employees
- Siltronic AG
- Einsteinstrasse 172
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/02 00:00|
|End of Day Share Price||2022/02/02 00:00|
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.