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X-FAB Silicon Foundries

Market Cap

€975.8m

Last Updated

2021/05/14 20:14 UTC

Data Sources

Company Financials +

Executive Summary

X-FAB Silicon Foundries SE operates as an analog/mixed-signal semiconductor technology foundry. More Details


Snowflake Analysis

Flawless balance sheet and undervalued.


Similar Companies

Share Price & News

How has X-FAB Silicon Foundries's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: XFAB is more volatile than 75% of French stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: XFAB's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of French stocks.


Market Performance


7 Day Return

-3.6%

XFAB

-5.6%

FR Semiconductor

-0.2%

FR Market


1 Year Return

174.6%

XFAB

41.6%

FR Semiconductor

48.5%

FR Market

Return vs Industry: XFAB exceeded the French Semiconductor industry which returned 36.6% over the past year.

Return vs Market: XFAB exceeded the French Market which returned 47.1% over the past year.


Shareholder returns

XFABIndustryMarket
7 Day-3.6%-5.6%-0.2%
30 Day-0.7%-10.9%2.2%
90 Day3.8%-17.0%11.0%
1 Year174.6%174.6%42.2%41.6%52.4%48.5%
3 Year-17.7%-17.7%50.9%47.1%26.1%15.2%
5 Yearn/a335.7%292.6%78.3%55.2%

Long-Term Price Volatility Vs. Market

How volatile is X-FAB Silicon Foundries's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is X-FAB Silicon Foundries undervalued compared to its fair value and its price relative to the market?

44.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: XFAB (€7.47) is trading below our estimate of fair value (€13.34)

Significantly Below Fair Value: XFAB is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: XFAB is good value based on its PE Ratio (35.8x) compared to the European Semiconductor industry average (46.1x).

PE vs Market: XFAB is poor value based on its PE Ratio (35.8x) compared to the French market (23.8x).


Price to Earnings Growth Ratio

PEG Ratio: XFAB is good value based on its PEG Ratio (1x)


Price to Book Ratio

PB vs Industry: XFAB is good value based on its PB Ratio (1.8x) compared to the FR Semiconductor industry average (2.9x).


Future Growth

How is X-FAB Silicon Foundries forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

37.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: XFAB's forecast earnings growth (37.3% per year) is above the savings rate (0.4%).

Earnings vs Market: XFAB's earnings (37.3% per year) are forecast to grow faster than the French market (19.3% per year).

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

Revenue vs Market: XFAB's revenue (6.7% per year) is forecast to grow slower than the French market (6.8% per year).

High Growth Revenue: XFAB's revenue (6.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: XFAB's Return on Equity is forecast to be low in 3 years time (7.1%).


Past Performance

How has X-FAB Silicon Foundries performed over the past 5 years?

-57.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: XFAB has a large one-off gain of $37.2M impacting its March 31 2021 financial results.

Growing Profit Margin: XFAB became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: XFAB's earnings have declined by 57.1% per year over the past 5 years.

Accelerating Growth: XFAB has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: XFAB has become profitable in the last year, making it difficult to compare its past year earnings growth to the Semiconductor industry (13.9%).


Return on Equity

High ROE: XFAB's Return on Equity (4.9%) is considered low.


Financial Health

How is X-FAB Silicon Foundries's financial position?


Financial Position Analysis

Short Term Liabilities: XFAB's short term assets ($461.5M) exceed its short term liabilities ($115.7M).

Long Term Liabilities: XFAB's short term assets ($461.5M) exceed its long term liabilities ($45.0M).


Debt to Equity History and Analysis

Debt Level: XFAB's debt to equity ratio (6.1%) is considered satisfactory.

Reducing Debt: XFAB's debt to equity ratio has reduced from 44% to 6.1% over the past 5 years.

Debt Coverage: XFAB's debt is well covered by operating cash flow (181.6%).

Interest Coverage: XFAB's interest payments on its debt are well covered by EBIT (8.6x coverage).


Balance Sheet


Dividend

What is X-FAB Silicon Foundries's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate XFAB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate XFAB's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if XFAB's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if XFAB's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of XFAB's dividend in 3 years as they are not forecast to pay a notable one for the French market.


Next Steps

Management

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

1.6yrs

Average management tenure


CEO

Rudi De Winter (59 yo)

7.33yrs

Tenure

US$314,769

Compensation

Mr. Rudi De Winter has been Chief Executive Officer at X-FAB Silicon Foundries SE since 2014. Mr. De Winter serves as a Managing Director of Xtrion N.V. Mr. De Winter has been the Chief Executive Officer a...


CEO Compensation Analysis

Compensation vs Market: Rudi's total compensation ($USD314.77K) is below average for companies of similar size in the French market ($USD555.67K).

Compensation vs Earnings: Rudi's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: XFAB's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.


Board Members

Experienced Board: XFAB's board of directors are considered experienced (7.2 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

X-FAB Silicon Foundries SE's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: X-FAB Silicon Foundries SE
  • Ticker: XFAB
  • Exchange: ENXTPA
  • Founded: 1992
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Market Cap: €975.820m
  • Shares outstanding: 130.63m
  • Website: https://www.xfab.com

Number of Employees


Location

  • X-FAB Silicon Foundries SE
  • Transportstraat 1
  • Tessenderlo
  • Limburg
  • 3980
  • Belgium

Listings


Biography

X-FAB Silicon Foundries SE operates as an analog/mixed-signal semiconductor technology foundry. The company manufactures silicon wafers for automotive, industrial, consumer, medical, consumer and mobile co...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/14 20:14
End of Day Share Price2021/05/14 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.