Reported Earnings • Jul 24
Second quarter 2026 earnings released: EPS: €1.11 (vs €0.41 in 2Q 2025) Second quarter 2026 results: EPS: €1.11 (up from €0.41 in 2Q 2025). Revenue: €249.9m (up 69% from 2Q 2025). Net income: €89.0m (up 178% from 2Q 2025). Profit margin: 36% (up from 22% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Semiconductor industry in Europe. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings. New Risk • Jul 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Reported Earnings • Apr 24
First quarter 2026 earnings released: EPS: €0.65 (vs €0.40 in 1Q 2025) First quarter 2026 results: EPS: €0.65 (up from €0.40 in 1Q 2025). Revenue: €184.9m (up 28% from 1Q 2025). Net income: €51.6m (up 64% from 1Q 2025). Profit margin: 28% (up from 22% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Semiconductor industry in Europe. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 46% per year, which means it is well ahead of earnings. Announcement • Apr 24
BE Semiconductor Industries N.V. Provides Earnings Guidance for the Second Quarter 2026 BE Semiconductor Industries N.V. provided earnings guidance for the second quarter 2026. For the period, the company revenue expected to increase 30%-40% vs. the €184.9 million reported in First Quarter 2026, as revenue and order momentum continue versus the prior year period. Company anticipated a significant expansion of second quarter 2026 net income and profit margins relative to First quarter 2026 and second quarter 2025. Upcoming Dividend • Apr 20
Upcoming dividend of €1.58 per share Eligible shareholders must have bought the stock before 27 April 2026. Payment date: 04 May 2026. Payout ratio and cash payout ratio are on the higher end at 95% and 92% respectively. Trailing yield: 0.7%. Lower than top quartile of British dividend payers (5.7%). In line with average of industry peers (0.6%). Buy Or Sell Opportunity • Apr 01
Now 28% overvalued after recent price rise Over the last 90 days, the stock has risen 41% to €188. The fair value is estimated to be €147, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.4% over the last 3 years. Earnings per share has declined by 12%. For the next 3 years, revenue is forecast to grow by 21% per annum. Earnings are also forecast to grow by 28% per annum over the same time period. Buy Or Sell Opportunity • Mar 13
Now 27% overvalued after recent price rise Over the last 90 days, the stock has risen 39% to €189. The fair value is estimated to be €149, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.4% over the last 3 years. Earnings per share has declined by 12%. For the next 3 years, revenue is forecast to grow by 21% per annum. Earnings are also forecast to grow by 28% per annum over the same time period. New Risk • Mar 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Declared Dividend • Feb 21
Dividend reduced to €1.58 Dividend of €1.58 is 28% lower than last year. Ex-date: 27th April 2026 Payment date: 4th May 2026 Dividend yield will be 0.9%, which is lower than the industry average of 1.2%. Payout Ratios Payout ratio: 95%. Cash payout ratio: 91%. Reported Earnings • Feb 20
Full year 2025 earnings released: EPS: €1.66 (vs €2.31 in FY 2024) Full year 2025 results: EPS: €1.66 (down from €2.31 in FY 2024). Revenue: €591.3m (down 2.7% from FY 2024). Net income: €131.6m (down 28% from FY 2024). Profit margin: 22% (down from 30% in FY 2024). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Semiconductor industry in Europe. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 37% per year, which means it is well ahead of earnings. Announcement • Feb 20
BE Semiconductor Industries N.V., Annual General Meeting, Apr 23, 2026 BE Semiconductor Industries N.V., Annual General Meeting, Apr 23, 2026. Buy Or Sell Opportunity • Feb 18
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 42% to €188. The fair value is estimated to be €152, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.2% over the last 3 years. Earnings per share has declined by 14%. For the next 3 years, revenue is forecast to grow by 21% per annum. Earnings are also forecast to grow by 29% per annum over the same time period. Reported Earnings • Oct 24
Third quarter 2025 earnings released: EPS: €0.32 (vs €0.59 in 3Q 2024) Third quarter 2025 results: EPS: €0.32 (down from €0.59 in 3Q 2024). Revenue: €132.7m (down 15% from 3Q 2024). Net income: €25.3m (down 46% from 3Q 2024). Profit margin: 19% (down from 30% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the Semiconductor industry in Europe. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 42% per year, which means it is well ahead of earnings. Announcement • Oct 24
BE Semiconductor Industries N.V. (ENXTAM:BESI) announces an Equity Buyback for 8,100,000 shares, representing 10% for €60 million. BE Semiconductor Industries N.V. (ENXTAM:BESI) announces a share repurchase program. Under the program, the company will repurchase up to 8,100,000 shares, representing 10% of its issued share capital, for a total of €60 million. The purpose of the buyback is capital reduction and to help offset dilution related to the company’s convertible notes and shares issued under the employee stock plans. The program will be funded using the company’s available cash resources. The plan will be valid till October 23, 2026. Valuation Update With 7 Day Price Move • Oct 06
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €148, the stock trades at a forward P/E ratio of 57x. Average forward P/E is 21x in the Semiconductor industry in Europe. Total returns to shareholders of 250% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €135 per share. Buy Or Sell Opportunity • Aug 05
Now 22% undervalued Over the last 90 days, the stock has risen 15% to €116. The fair value is estimated to be €148, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.7% over the last 3 years. Earnings per share has declined by 17%. For the next 3 years, revenue is forecast to grow by 21% per annum. Earnings are also forecast to grow by 28% per annum over the same time period. Reported Earnings • Jul 25
Second quarter 2025 earnings released: EPS: €0.41 (vs €0.53 in 2Q 2024) Second quarter 2025 results: EPS: €0.41 (down from €0.53 in 2Q 2024). Revenue: €148.1m (down 2.0% from 2Q 2024). Net income: €32.1m (down 24% from 2Q 2024). Profit margin: 22% (down from 28% in 2Q 2024). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Semiconductor industry in Europe. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings. Announcement • Jul 24
BE Semiconductor Industries N.V. Provides Earnings Guidance for the Third Quarter of 2025 BE Semiconductor Industries N.V. provided earnings guidance for the third quarter of 2025. For the quarter, the company expected revenue is expected to decline 5%-15% vs. the €148.1 million reported in second quarter of 2025. Orders are expected to increase significantly vs. second quarter of 2025 primarily due to increased demand for hybrid bonding systems and die attach systems for AI-related 2.5D computing applications. Buy Or Sell Opportunity • Jul 10
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 54% to €127. The fair value is estimated to be €105, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Earnings per share has declined by 21%. For the next 3 years, revenue is forecast to grow by 19% per annum. Earnings are also forecast to grow by 24% per annum over the same time period. Valuation Update With 7 Day Price Move • May 12
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €116, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 15x in the Semiconductor industry in Europe. Total returns to shareholders of 135% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €152 per share. Recent Insider Transactions • Apr 26
Chairman of Management Board recently bought €2.4m worth of stock On the 23rd of April, Richard Blickman bought around 45k shares on-market at roughly €54.88 per share. This transaction amounted to 3.1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €9.7m. Richard has been a buyer over the last 12 months, purchasing a net total of €12m worth in shares. New Risk • Apr 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Reported Earnings • Apr 23
First quarter 2025 earnings released: EPS: €0.40 (vs €0.44 in 1Q 2024) First quarter 2025 results: EPS: €0.40 (down from €0.44 in 1Q 2024). Revenue: €144.1m (down 1.5% from 1Q 2024). Net income: €31.5m (down 7.3% from 1Q 2024). Profit margin: 22% (down from 23% in 1Q 2024). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Semiconductor industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Announcement • Apr 23
BE Semiconductor Industries N.V. Provides Earnings Guidance BE Semiconductor Industries N.V. provided earnings Guidance. For the period, the company expects Revenue to be flat (plus or minus 10%) vs. €144.1 million reported in First Quarter 2025. Upcoming Dividend • Apr 18
Upcoming dividend of €2.18 per share Eligible shareholders must have bought the stock before 25 April 2025. Payment date: 02 May 2025. Payout ratio is on the higher end at 94%, and the cash payout ratio is above 100%. Trailing yield: 2.3%. Lower than top quartile of British dividend payers (6.2%). Higher than average of industry peers (1.2%). Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €80.10, the stock trades at a forward P/E ratio of 30x. Average trailing P/E is 13x in the Semiconductor industry in Europe. Total returns to shareholders of 31% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €135 per share. Recent Insider Transactions • Mar 13
Chairman of Management Board recently bought €9.7m worth of stock On the 10th of March, Richard Blickman bought around 100k shares on-market at roughly €96.75 per share. This transaction amounted to 7.4% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Richard's only on-market trade for the last 12 months. New Risk • Mar 10
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 94% Cash payout ratio: 102% Dividend yield: 2.3% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Buy Or Sell Opportunity • Feb 24
Now 20% undervalued Over the last 90 days, the stock has risen 4.8% to €116. The fair value is estimated to be €146, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Earnings per share has declined by 23%. For the next 3 years, revenue is forecast to grow by 19% per annum. Earnings are also forecast to grow by 23% per annum over the same time period. Declared Dividend • Feb 22
Dividend increased to €2.18 Dividend of €2.18 is 1.4% higher than last year. Ex-date: 25th April 2025 Payment date: 2nd May 2025 Dividend yield will be 1.9%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is not adequately covered by earnings (94% earnings payout ratio) nor is it covered by cash flows (102% cash payout ratio). The dividend has increased by an average of 29% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 5.0% to bring the payout ratio under control. EPS is expected to grow by 87% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Reported Earnings • Feb 20
Full year 2024 earnings released: EPS: €2.31 (vs €2.29 in FY 2023) Full year 2024 results: EPS: €2.31 (up from €2.29 in FY 2023). Revenue: €607.5m (up 4.9% from FY 2023). Net income: €182.0m (up 2.8% from FY 2023). Profit margin: 30% (in line with FY 2023). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 25% growth forecast for the Semiconductor industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jan 27
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €124, the stock trades at a forward P/E ratio of 38x. Average trailing P/E is 17x in the Semiconductor industry in Europe. Total returns to shareholders of 88% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €136 per share. Buy Or Sell Opportunity • Nov 01
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 5.3% to €99.48. The fair value is estimated to be €125, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Earnings per share has declined by 23%. For the next 3 years, revenue is forecast to grow by 23% per annum. Earnings are also forecast to grow by 30% per annum over the same time period. Announcement • Oct 26
BE Semiconductor Industries N.V. Provides Earnings Guidance for the Fourth Quarter of 2024 BE Semiconductor Industries N.V. provided earnings guidance for the fourth quarter of 2024. Revenue expected to be flat plus or minus 10% vs. the €156.6 million reported in third quarter-2024 partially due to shipment delays by a customer for certain hybrid bonding systems scheduled for delivery in fourth quarter-2024. New Risk • Oct 26
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.3% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Shareholders have been diluted in the past year (3.3% increase in shares outstanding). Reported Earnings • Oct 25
Third quarter 2024 earnings released: EPS: €0.59 (vs €0.45 in 3Q 2023) Third quarter 2024 results: EPS: €0.59 (up from €0.45 in 3Q 2023). Revenue: €156.6m (up 27% from 3Q 2023). Net income: €46.8m (up 34% from 3Q 2023). Profit margin: 30% (up from 28% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 30% growth forecast for the Semiconductor industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Buy Or Sell Opportunity • Oct 17
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 34% to €102. The fair value is estimated to be €129, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.1% over the last 3 years. Earnings per share has declined by 19%. For the next 3 years, revenue is forecast to grow by 22% per annum. Earnings are also forecast to grow by 29% per annum over the same time period. Reported Earnings • Jul 27
Second quarter 2024 earnings released: EPS: €0.53 (vs €0.68 in 2Q 2023) Second quarter 2024 results: EPS: €0.53 (down from €0.68 in 2Q 2023). Revenue: €151.2m (down 7.0% from 2Q 2023). Net income: €41.9m (down 20% from 2Q 2023). Profit margin: 28% (down from 32% in 2Q 2023). Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Semiconductor industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jul 26
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €124, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 14x in the Semiconductor industry in the United Kingdom. Total returns to shareholders of 86% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €82.42 per share. Announcement • Jul 25
BE Semiconductor Industries N.V. Provides Earnings Guidance for the Third Quarter of 2024 BE Semiconductor Industries N.V. provided earnings guidance for the third quarter of 2024. For the quarter, revenue expected to be flat (plus or minus 5%) vs. €151.2 million reported in second quarter of 2024. Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €156, the stock trades at a forward P/E ratio of 50x. Average trailing P/E is 16x in the Semiconductor industry in Europe. Total returns to shareholders of 146% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €74.30 per share. Reported Earnings • Apr 26
First quarter 2024 earnings released: EPS: €0.44 (vs €0.44 in 1Q 2023) First quarter 2024 results: EPS: €0.44 (down from €0.44 in 1Q 2023). Revenue: €146.3m (up 9.7% from 1Q 2023). Net income: €34.0m (down 1.6% from 1Q 2023). Profit margin: 23% (down from 26% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Semiconductor industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings. Upcoming Dividend • Apr 22
Upcoming dividend of €2.15 per share Eligible shareholders must have bought the stock before 29 April 2024. Payment date: 03 May 2024. Payout ratio is on the higher end at 94%, and the cash payout ratio is above 100%. Trailing yield: 1.6%. Lower than top quartile of British dividend payers (6.0%). Higher than average of industry peers (0.8%). Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to €136, the stock trades at a forward P/E ratio of 42x. Average trailing P/E is 20x in the Semiconductor industry in Europe. Total returns to shareholders of 148% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €92.83 per share. Recent Insider Transactions • Mar 02
Chairman of Management Board recently sold €16m worth of stock On the 28th of February, Richard Blickman sold around 100k shares on-market at roughly €165 per share. This transaction amounted to 7.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Richard has been a net seller over the last 12 months, reducing personal holdings by €36m. Declared Dividend • Feb 25
Dividend reduced to €2.15 Dividend of €2.15 is 25% lower than last year. Ex-date: 29th April 2024 Payment date: 3rd May 2024 Dividend yield will be 1.4%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is not adequately covered by earnings (94% earnings payout ratio) nor is it adequately covered by cash flows (92% cash payout ratio). The dividend has increased by an average of 35% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 4.6% to bring the payout ratio under control. EPS is expected to grow by 119% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Reported Earnings • Feb 23
Full year 2023 earnings released: EPS: €2.29 (vs €3.03 in FY 2022) Full year 2023 results: EPS: €2.29 (down from €3.03 in FY 2022). Revenue: €578.9m (down 20% from FY 2022). Net income: €177.1m (down 26% from FY 2022). Profit margin: 31% (down from 33% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Semiconductor industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 42% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €180, the stock trades at a forward P/E ratio of 53x. Average trailing P/E is 23x in the Semiconductor industry in Europe. Total returns to shareholders of 228% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €106 per share. Valuation Update With 7 Day Price Move • Jan 23
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €147, the stock trades at a forward P/E ratio of 48x. Average forward P/E is 19x in the Semiconductor industry in Europe. Total returns to shareholders of 190% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €109 per share. Recent Insider Transactions • Nov 15
Chairman of Management Board recently sold €11m worth of stock On the 10th of November, Richard Blickman sold around 100k shares on-market at roughly €112 per share. This transaction amounted to 6.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Richard has been a net seller over the last 12 months, reducing personal holdings by €27m. Announcement • Oct 28
BE Semiconductor Industries N.V. (ENXTAM:BESI) announces an Equity Buyback for 8,100,000 shares, representing 10% for €60 million. BE Semiconductor Industries N.V. (ENXTAM:BESI) announces a share repurchase program. Under the program, the company will repurchase up to 8,100,000 shares, representing 10% of its issued share capital, for a total of €60 million. The purpose of the buyback is capital reduction and to help offset dilution related to the company’s convertible notes and shares issued under the employee stock plans. The program will be funded using the company’s available cash resources. The plan will be valid till October 26, 2024. Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: €0.45 (vs €0.71 in 3Q 2022) Third quarter 2023 results: EPS: €0.45 (down from €0.71 in 3Q 2022). Revenue: €123.3m (down 27% from 3Q 2022). Net income: €35.0m (down 39% from 3Q 2022). Profit margin: 28% (down from 34% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Semiconductor industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 28
Be Semiconductor Industries N.V. Provides Earnings Guidance for the Third Quarter of 2023 BE Semiconductor Industries N.V. provided earnings guidance for the third quarter of 2023. For the quarter, the company expects Revenue will decrease by approximately 20-30% vs. the €162.5 million reported in Q2-23 due to seasonal trends and ongoing market weakness. Reported Earnings • Jul 28
Second quarter 2023 earnings released: EPS: €0.68 (vs €0.94 in 2Q 2022) Second quarter 2023 results: EPS: €0.68 (down from €0.94 in 2Q 2022). Revenue: €162.5m (down 24% from 2Q 2022). Net income: €52.6m (down 31% from 2Q 2022). Profit margin: 32% (down from 35% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 26% growth forecast for the Semiconductor industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • May 12
Chairman of Management Board recently sold €8.5m worth of stock On the 10th of May, Richard Blickman sold around 100k shares on-market at roughly €85.24 per share. This transaction amounted to 6.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Richard has been a net seller over the last 12 months, reducing personal holdings by €16m. Reported Earnings • Apr 27
First quarter 2023 earnings released: EPS: €0.44 (vs €0.87 in 1Q 2022) First quarter 2023 results: EPS: €0.44 (down from €0.87 in 1Q 2022). Revenue: €133.4m (down 34% from 1Q 2022). Net income: €34.5m (down 49% from 1Q 2022). Profit margin: 26% (down from 33% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 36% growth forecast for the Semiconductor industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 27% per year whereas the company’s share price has increased by 30% per year. Upcoming Dividend • Apr 21
Upcoming dividend of €2.85 per share at 3.7% yield Eligible shareholders must have bought the stock before 28 April 2023. Payment date: 04 May 2023. Payout ratio is on the higher end at 94%, and the cash payout ratio is above 100%. Trailing yield: 3.7%. Lower than top quartile of British dividend payers (5.8%). Higher than average of industry peers (1.0%). Recent Insider Transactions • Feb 28
Chairman of Management Board recently sold €7.6m worth of stock On the 23rd of February, Richard Blickman sold around 100k shares on-market at roughly €75.60 per share. This transaction amounted to 6.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Richard's only on-market trade for the last 12 months. Reported Earnings • Feb 23
Full year 2022 earnings released: EPS: €3.03 (vs €3.70 in FY 2021) Full year 2022 results: EPS: €3.03 (down from €3.70 in FY 2021). Revenue: €722.9m (down 3.5% from FY 2021). Net income: €240.6m (down 15% from FY 2021). Profit margin: 33% (down from 38% in FY 2021). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 46% growth forecast for the Semiconductor industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Announcement • Dec 10
BE Semiconductor Industries N.V. to Report Q3, 2023 Results on Oct 26, 2023 BE Semiconductor Industries N.V. announced that they will report Q3, 2023 results at 7:00 AM, Central European Standard Time on Oct 26, 2023 Announcement • Dec 03
BE Semiconductor Industries N.V. to Report Q2, 2023 Results on Jul 27, 2023 BE Semiconductor Industries N.V. announced that they will report Q2, 2023 results at 7:00 AM, Central European Standard Time on Jul 27, 2023 Announcement • Nov 25
BE Semiconductor Industries N.V. to Report Q1, 2023 Results on Apr 26, 2023 BE Semiconductor Industries N.V. announced that they will report Q1, 2023 results at 7:00 AM, Central European Standard Time on Apr 26, 2023 Announcement • Nov 18
BE Semiconductor Industries N.V. to Report Q4, 2022 Results on Feb 22, 2023 BE Semiconductor Industries N.V. announced that they will report Q4, 2022 results at 7:00 AM, Central European Standard Time on Feb 22, 2023 Valuation Update With 7 Day Price Move • Nov 10
Investor sentiment improved over the past week After last week's 19% share price gain to €59.11, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 20x in the Semiconductor industry in Europe. Total returns to shareholders of 98% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €51.56 per share. Valuation Update With 7 Day Price Move • Oct 27
Investor sentiment improved over the past week After last week's 19% share price gain to €52.23, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 19x in the Semiconductor industry in Europe. Total returns to shareholders of 77% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €57.49 per share. Reported Earnings • Oct 21
Third quarter 2022 earnings released: EPS: €0.71 (vs €1.08 in 3Q 2021) Third quarter 2022 results: EPS: €0.71 (down from €1.08 in 3Q 2021). Revenue: €168.8m (down 19% from 3Q 2021). Net income: €57.3m (down 32% from 3Q 2021). Profit margin: 34% (down from 40% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 38% growth forecast for the Semiconductor industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jul 22
Second quarter 2022 earnings released: EPS: €0.94 (vs €1.23 in 2Q 2021) Second quarter 2022 results: EPS: €0.94 (down from €1.23 in 2Q 2021). Revenue: €214.0m (down 5.4% from 2Q 2021). Net income: €75.6m (down 19% from 2Q 2021). Profit margin: 35% (down from 41% in 2Q 2021). The decrease in margin was primarily driven by lower revenue. Over the next year, revenue is forecast to grow 3.9%, compared to a 44% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jun 16
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €48.38, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 21x in the Semiconductor industry in Europe. Total returns to shareholders of 155% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €74.53 per share. Buying Opportunity • Jun 09
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 14%. The fair value is estimated to be €71.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 49%. For the next 3 years, revenue is forecast to grow by 4.3% per annum. Earnings is also forecast to grow by 6.6% per annum over the same time period. Reported Earnings • May 01
First quarter 2022 earnings released: EPS: €0.87 (vs €0.51 in 1Q 2021) First quarter 2022 results: EPS: €0.87 (up from €0.51 in 1Q 2021). Revenue: €202.4m (up 41% from 1Q 2021). Net income: €67.5m (up 80% from 1Q 2021). Profit margin: 33% (up from 26% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 7.1%, compared to a 99% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Apr 27
Upcoming dividend of €3.33 per share Eligible shareholders must have bought the stock before 03 May 2022. Payment date: 06 May 2022. Payout ratio is on the higher end at 90%, however this is supported by cash flows. Trailing yield: 5.2%. Within top quartile of British dividend payers (4.6%). Higher than average of industry peers (1.1%). Valuation Update With 7 Day Price Move • Apr 11
Investor sentiment deteriorated over the past week After last week's 15% share price decline to €64.80, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 26x in the Semiconductor industry in Europe. Total returns to shareholders of 169% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €87.53 per share. Buying Opportunity • Apr 06
Now 22% undervalued Over the last 90 days, the stock is up 3.8%. The fair value is estimated to be €91.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 39%. For the next 3 years, revenue is forecast to grow by 9.6% per annum. Earnings is also forecast to grow by 9.9% per annum over the same time period. Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment improved over the past week After last week's 19% share price gain to €80.86, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 24x in the Semiconductor industry in Europe. Total returns to shareholders of 288% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €93.24 per share. Valuation Update With 7 Day Price Move • Mar 08
Investor sentiment deteriorated over the past week After last week's 17% share price decline to €63.15, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 22x in the Semiconductor industry in Europe. Total returns to shareholders of 208% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €83.35 per share. Buying Opportunity • Mar 04
Now 24% undervalued after recent price drop Over the last 90 days, the stock is down 13%. The fair value is estimated to be €90.93, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% per annum over the last 3 years. Earnings per share has grown by 39% per annum over the last 3 years. 
