BE Semiconductor Industries N.V.

DB:BSI Stock Report

Market Cap: €10.4b

BE Semiconductor Industries Valuation

Is BSI undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of BSI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: BSI (€128.15) is trading below our estimate of fair value (€142.65)

Significantly Below Fair Value: BSI is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for BSI?

Key metric: As BSI is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for BSI. This is calculated by dividing BSI's market cap by their current earnings.
What is BSI's PE Ratio?
PE Ratio58.6x
Earnings€177.59m
Market Cap€10.41b

Price to Earnings Ratio vs Peers

How does BSI's PE Ratio compare to its peers?

The above table shows the PE ratio for BSI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average14x
WAF Siltronic
14.2x-23.7%€1.4b
AIXA AIXTRON
14x3.5%€1.6b
SMHN SÜSS MicroTec
22.2x-3.4%€955.8m
S92 SMA Solar Technology
5.7x30.8%€459.1m
BSI BE Semiconductor Industries
58.6x30.2%€10.4b

Price-To-Earnings vs Peers: BSI is expensive based on its Price-To-Earnings Ratio (58.6x) compared to the peer average (14x).

Price to Earnings Ratio vs Industry

How does BSI's PE Ratio compare vs other companies in the European Semiconductor Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
BSI 58.6xIndustry Avg. 17.0xNo. of Companies7PE01632486480+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: BSI is expensive based on its Price-To-Earnings Ratio (58.6x) compared to the European Semiconductor industry average (17.7x).

Price to Earnings Ratio vs Fair Ratio

What is BSI's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

BSI PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio58.6x
Fair PE Ratio27.3x

Price-To-Earnings vs Fair Ratio: BSI is expensive based on its Price-To-Earnings Ratio (58.6x) compared to the estimated Fair Price-To-Earnings Ratio (27.3x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst BSI forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€128.15
€137.18
+7.0%
16.6%€185.00€96.00n/a21
Dec ’25€110.30
€134.70
+22.1%
16.9%€185.00€96.00n/a21
Nov ’25€99.02
€134.89
+36.2%
16.7%€185.00€96.00n/a21
Oct ’25€113.15
€145.43
+28.5%
16.7%€200.00€95.00n/a21
Sep ’25€120.20
€151.95
+26.4%
15.9%€200.00€108.00n/a20
Aug ’25€116.30
€152.45
+31.1%
15.9%€200.00€108.00n/a20
Jul ’25€157.10
€158.66
+1.0%
16.7%€215.00€108.00n/a20
Jun ’25€136.05
€147.81
+8.6%
13.6%€188.00€108.00n/a20
May ’25€129.75
€148.51
+14.5%
14.2%€188.00€108.00n/a20
Apr ’25€143.75
€154.10
+7.2%
14.0%€193.00€108.00n/a20
Mar ’25€165.35
€158.20
-4.3%
16.0%€200.00€108.00n/a20
Feb ’25€138.80
€130.49
-6.0%
18.4%€165.00€85.00n/a19
Jan ’25€138.40
€122.53
-11.5%
18.1%€150.00€85.00n/a17
Dec ’24€130.75
€115.59
-11.6%
16.9%€150.00€85.00€110.3017
Nov ’24€98.50
€108.80
+10.5%
12.7%€125.00€85.00€99.0215
Oct ’24€93.80
€105.47
+12.4%
16.9%€128.00€68.00€113.1517
Sep ’24€105.90
€105.29
-0.6%
16.7%€128.00€68.00€120.2017
Aug ’24€109.95
€104.41
-5.0%
17.4%€128.00€68.00€116.3017
Jul ’24€97.38
€103.13
+5.9%
13.3%€128.00€82.00€157.1015
Jun ’24€104.20
€94.08
-9.7%
18.6%€128.00€70.00€136.0512
May ’24€79.76
€88.25
+10.6%
11.9%€101.00€70.00€129.7512
Apr ’24€79.30
€79.58
+0.4%
11.4%€94.00€64.00€143.7512
Mar ’24€74.70
€76.36
+2.2%
14.6%€94.00€55.00€165.3511
Feb ’24€66.10
€67.91
+2.7%
15.9%€94.00€55.00€138.8011
Jan ’24€56.42
€69.00
+22.3%
15.5%€94.00€55.00€138.4010
Dec ’23€63.38
€67.80
+7.0%
16.0%€90.00€50.00€130.7510

Analyst Forecast: Target price is less than 20% higher than the current share price.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 09:22
End of Day Share Price 2024/12/20 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

BE Semiconductor Industries N.V. is covered by 31 analysts. 20 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Wim GilleABN AMRO Bank N.V.
James FontanelliArete Research Services LLP
Simon Alexander ColesBarclays