IQE plc

AIM:IQE Stock Report

Market Cap: UK£487.2m

IQE Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

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

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: Insufficient data to calculate IQE's future cash flow value for valuation analysis.

Significantly Below Future Cash Flow Value: Insufficient data to calculate IQE's future cash flow value for valuation analysis.

Key Valuation Metric

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

Key metric: As IQE is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for IQE. This is calculated by dividing IQE's market cap by their current revenue.
What is IQE's PS Ratio?
PS Ratio5x
SalesUK£97.27m
Market CapUK£487.22m

Price to Sales Ratio vs Peers

How does IQE's PS Ratio compare to its peers?

The above table shows the PS ratio for IQE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average4.8x
ENSI EnSilica
3.8x20.54%UK£82.5m
A161580 Philoptics
10.9xn/a₩1.1t
A195870 HAESUNG DS
2x13.22%₩1.3t
6182 Wafer Works
2.4xn/aNT$23.3b
IQE IQE
5x8.10%UK£487.2m

Price-To-Sales vs Peers: IQE is expensive based on its Price-To-Sales Ratio (5x) compared to the peer average (4.8x).

Historical Price to Sales Ratio

Historical Price to Sales Ratio compares a stock's price to its sales over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Sales Ratio vs Industry

How does IQE's PS Ratio compare vs other companies in the European Semiconductor Industry?

10 CompaniesPrice / SalesEstimated GrowthMarket Cap
IQE 5.0xIndustry Avg. 4.3xNo. of Companies10PS02.85.68.411.214+
10 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: IQE is expensive based on its Price-To-Sales Ratio (5x) compared to the European Semiconductor industry average (4.3x).

Price to Sales Ratio vs Fair Ratio

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

IQE PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio5x
Fair PS Ratio1.1x

Price-To-Sales vs Fair Ratio: IQE is expensive based on its Price-To-Sales Ratio (5x) compared to the estimated Fair Price-To-Sales Ratio (1.1x).

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 IQE forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUK£0.50
UK£0.41
-18.59%
50.62%UK£0.61UK£0.20n/a2
Apr ’27UK£0.25
UK£0.41
+61.35%
50.62%UK£0.61UK£0.20n/a2
Mar ’27UK£0.19
UK£0.41
+113.16%
50.62%UK£0.61UK£0.20n/a2
Sep ’26UK£0.089
UK£0.22
+146.91%
9.09%UK£0.24UK£0.20n/a2
Aug ’26UK£0.097
UK£0.22
+126.80%
9.09%UK£0.24UK£0.20n/a2
Jul ’26UK£0.098
UK£0.22
+124.49%
9.09%UK£0.24UK£0.20n/a2
Jun ’26UK£0.11
UK£0.22
+96.08%
9.09%UK£0.24UK£0.20n/a2
May ’26UK£0.09
UK£0.22
+144.44%
9.09%UK£0.24UK£0.20n/a2
Apr ’26UK£0.11
UK£0.22
+93.32%
9.09%UK£0.24UK£0.20UK£0.252
Mar ’26UK£0.13
UK£0.22
+66.92%
9.09%UK£0.24UK£0.20UK£0.192
Feb ’26UK£0.15
UK£0.22
+47.65%
9.09%UK£0.24UK£0.20UK£0.0792
Jan ’26UK£0.11
UK£0.22
+98.20%
9.09%UK£0.24UK£0.20UK£0.052
Dec ’25UK£0.12
UK£0.35
+190.22%
52.73%UK£0.61UK£0.20UK£0.0513
Nov ’25UK£0.12
UK£0.49
+314.54%
18.40%UK£0.61UK£0.40UK£0.0583
Oct ’25UK£0.17
UK£0.49
+185.27%
18.40%UK£0.61UK£0.40UK£0.0773
Sep ’25UK£0.28
UK£0.52
+87.73%
16.98%UK£0.61UK£0.40UK£0.0893
Aug ’25UK£0.31
UK£0.52
+67.74%
16.98%UK£0.61UK£0.40UK£0.0973
Jul ’25UK£0.32
UK£0.52
+62.25%
16.98%UK£0.61UK£0.40UK£0.0983
Jun ’25UK£0.33
UK£0.52
+56.86%
16.98%UK£0.61UK£0.40UK£0.113
May ’25UK£0.28
UK£0.52
+85.05%
16.98%UK£0.61UK£0.40UK£0.093
Apr ’25UK£0.21
UK£0.50
+139.68%
17.04%UK£0.61UK£0.40UK£0.113
UK£0.41
Fair Value
22.8% overvalued intrinsic discount
2
Number of Analysts

Analyst Forecast: Target price is lower 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 Analysis2026/04/23 00:09
End of Day Share Price 2026/04/23 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

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.

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 Github.

Analyst Sources

IQE plc is covered by 15 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andrew GardinerBarclays
Andrew GardinerBarclays
Keagan Bryce-BorthwickBarclays