DB:ELG

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Elmos Semiconductor

Executive Summary

Elmos Semiconductor SE, together with its subsidiaries, develops, produces, and markets semiconductors and sensors primarily for use in the automotive industry worldwide. More Details


Snowflake Analysis

Flawless balance sheet with reasonable growth potential and pays a dividend.


Similar Companies

Share Price & News

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


Latest Share Price and Events

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

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


Market Performance


7 Day Return

7.1%

ELG

6.8%

DE Semiconductor

1.4%

DE Market


1 Year Return

-7.1%

ELG

40.3%

DE Semiconductor

0.9%

DE Market

Return vs Industry: ELG underperformed the German Semiconductor industry which returned 37.5% over the past year.

Return vs Market: ELG underperformed the German Market which returned 0.6% over the past year.


Shareholder returns

ELGIndustryMarket
7 Day7.1%6.8%1.4%
30 Day42.3%14.5%8.7%
90 Day18.2%22.8%2.3%
1 Year-4.5%-7.1%42.1%40.3%4.1%0.9%
3 Year17.0%9.8%26.6%21.5%3.9%-5.1%
5 Year104.2%83.2%112.7%100.8%24.8%7.1%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

320.86x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: ELG (€26.35) is trading above our estimate of fair value (€16.47)

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


Price To Earnings Ratio

PE vs Industry: ELG is poor value based on its PE Ratio (320.9x) compared to the DE Semiconductor industry average (59.6x).

PE vs Market: ELG is poor value based on its PE Ratio (320.9x) compared to the German market (23.2x).


Price to Earnings Growth Ratio

PEG Ratio: ELG is poor value based on its PEG Ratio (3.9x)


Price to Book Ratio

PB vs Industry: ELG is good value based on its PB Ratio (1.6x) compared to the DE Semiconductor industry average (2.7x).


Next Steps

Future Growth

How is Elmos Semiconductor forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

83.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ELG's forecast earnings growth (83.3% per year) is above the savings rate (0.2%).

Earnings vs Market: ELG's earnings (83.3% per year) are forecast to grow faster than the German market (27.3% per year).

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

Revenue vs Market: ELG's revenue (9.5% per year) is forecast to grow faster than the German market (5.8% per year).

High Growth Revenue: ELG's revenue (9.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ELG's Return on Equity is forecast to be low in 3 years time (7.4%).


Next Steps

Past Performance

How has Elmos Semiconductor performed over the past 5 years?

4.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ELG has a large one-off loss of €11.9M impacting its September 30 2020 financial results.

Growing Profit Margin: ELG's current net profit margins (0.7%) are lower than last year (10.4%).


Past Earnings Growth Analysis

Earnings Trend: ELG's earnings have grown by 4.1% per year over the past 5 years.

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

Earnings vs Industry: ELG had negative earnings growth (-93.3%) over the past year, making it difficult to compare to the Semiconductor industry average (-58.1%).


Return on Equity

High ROE: ELG's Return on Equity (0.6%) is considered low.


Next Steps

Financial Health

How is Elmos Semiconductor's financial position?


Financial Position Analysis

Short Term Liabilities: ELG's short term assets (€182.2M) exceed its short term liabilities (€42.4M).

Long Term Liabilities: ELG's short term assets (€182.2M) exceed its long term liabilities (€48.0M).


Debt to Equity History and Analysis

Debt Level: ELG's debt to equity ratio (12.3%) is considered satisfactory.

Reducing Debt: ELG's debt to equity ratio has reduced from 17.2% to 12.3% over the past 5 years.

Debt Coverage: ELG's debt is well covered by operating cash flow (81.2%).

Interest Coverage: ELG's interest payments on its debt are well covered by EBIT (38.4x coverage).


Balance Sheet


Next Steps

Dividend

What is Elmos Semiconductor current dividend yield, its reliability and sustainability?

1.97%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ELG's dividend (1.97%) is higher than the bottom 25% of dividend payers in the German market (1.13%).

High Dividend: ELG's dividend (1.97%) is low compared to the top 25% of dividend payers in the German market (3.64%).


Stability and Growth of Payments

Stable Dividend: ELG's dividends per share have been stable in the past 10 years.

Growing Dividend: ELG's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (632%), ELG's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: ELG's dividends in 3 years are forecast to be well covered by earnings (37.6% payout ratio).


Next Steps

Management

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

5.1yrs

Average management tenure


CEO

Anton Mindl (63 yo)

14.83yrs

Tenure

Dr. rer. nat. Anton Mindl has been the Chairman of Management Board and Chief Executive Officer of Elmos Semiconductor SE (formerly known as Elmos Semiconductor AG) since January 1, 2006 and has been its M...


Leadership Team

NamePositionTenureCompensationOwnership
Klaus Weyer
Founder & Chairman of the Supervisory Board3.5yrsno data20.48%
€ 106.1m
Anton Mindl
Chairman of Management Board & CEO14.83yrsno datano data
Arne Schneider
CFO & Member of the Management Board6.33yrsno datano data
Guido Meyer
COO & Member of Management Board3.83yrsno datano data
Jan Dienstuhl
Chief Sales Officer & Member of Management Board1.83yrsno datano data
Janina Rosenbaum
Head of Investor Relationsno datano datano data

5.1yrs

Average Tenure

52yo

Average Age

Experienced Management: ELG's management team is seasoned and experienced (5.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Klaus Weyer
Founder & Chairman of the Supervisory Board3.5yrsno data20.48%
€ 106.1m
Klaus Egger
Member of Supervisory Board9.42yrsno datano data
Gottfried H. Dutiné
Member of Supervisory Board4.5yrsno datano data
Günter Zimmer
Vice Chairman & Honorary Chairman of Supervisory Board3.5yrsno datano data
Thomas Lehner
Member of the Supervisory Board9.42yrsno datano data
Sven-Olaf Schellenberg
Member of the Supervisory Board9.5yrsno datano data

7.0yrs

Average Tenure

68.5yo

Average Age

Experienced Board: ELG's board of directors are considered experienced (7 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

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


Key Information

  • Name: Elmos Semiconductor SE
  • Ticker: ELG
  • Exchange: DB
  • Founded: 1984
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Market Cap: €518.351m
  • Shares outstanding: 19.63m
  • Website: https://www.elmos.com

Number of Employees


Location

  • Elmos Semiconductor SE
  • Heinrich-Hertz-Strasse 1
  • Dortmund
  • North Rhine-Westphalia
  • 44227
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ELGDB (Deutsche Boerse AG)YesCommon Bearer SharesDEEUROct 1999
ELGXTRA (XETRA Trading Platform)YesCommon Bearer SharesDEEUROct 1999
0N9KLSE (London Stock Exchange)YesCommon Bearer SharesGBEUROct 1999
ELCT.FOTCPK (Pink Sheets LLC)YesCommon Bearer SharesUSUSDOct 1999
ELGDBATS-CHIXE (BATS 'Chi-X Europe')YesCommon Bearer SharesGBEUROct 1999

Biography

Elmos Semiconductor SE, together with its subsidiaries, develops, produces, and markets semiconductors and sensors primarily for use in the automotive industry worldwide. The company operates in two segmen...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/26 19:54
End of Day Share Price2020/11/25 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.