BE Semiconductor Industries
Market Cap
€6.3b
Last Updated
2021/09/16 21:29 UTC
Data Sources
Company Financials +
Executive Summary
BE Semiconductor Industries N.V. develops, manufactures, markets, sells, and services semiconductor assembly equipment for the semiconductor and electronics industries worldwide. More Details
Rewards
Risk Analysis
+ 1 more risk
Snowflake Analysis
Solid track record with reasonable growth potential.
Similar Companies
Share Price & News
How has BE Semiconductor Industries's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BESI is not significantly more volatile than the rest of Dutch stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: BESI's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
5.3%
BESI
3.4%
NL Semiconductor
0.3%
NL Market
1 Year Return
117.8%
BESI
112.3%
NL Semiconductor
38.4%
NL Market
Return vs Industry: BESI exceeded the Dutch Semiconductor industry which returned 111.9% over the past year.
Return vs Market: BESI exceeded the Dutch Market which returned 36.9% over the past year.
Shareholder returns
| BESI | Industry | Market | |
|---|---|---|---|
| 7 Day | 5.3% | 3.4% | 0.3% |
| 30 Day | 11.7% | 11.5% | 3.7% |
| 90 Day | 16.3% | 27.7% | 6.8% |
| 1 Year | 123.5%117.8% | 113.7%112.3% | 40.3%38.4% |
| 3 Year | 393.1%338.4% | 232.3%211.2% | 50.4%37.0% |
| 5 Year | 594.8%450.9% | 410.1%359.3% | 95.5%64.8% |
Long-Term Price Volatility Vs. Market
How volatile is BE Semiconductor Industries's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall St
We Think BE Semiconductor Industries (AMS:BESI) Might Have The DNA Of A Multi-Bagger2 weeks ago | Simply Wall St
What Kind Of Investors Own Most Of BE Semiconductor Industries N.V. (AMS:BESI)?4 weeks ago | Simply Wall St
Should You Be Adding BE Semiconductor Industries (AMS:BESI) To Your Watchlist Today?Valuation
Is BE Semiconductor Industries undervalued compared to its fair value and its price relative to the market?
6.6%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BESI (€81.02) is trading below our estimate of fair value (€86.7)
Significantly Below Fair Value: BESI is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: BESI is good value based on its PE Ratio (30x) compared to the European Semiconductor industry average (46.5x).
PE vs Market: BESI is poor value based on its PE Ratio (30x) compared to the Dutch market (22.2x).
Price to Earnings Growth Ratio
PEG Ratio: BESI is poor value based on its PEG Ratio (2.4x)
Price to Book Ratio
PB vs Industry: BESI is overvalued based on its PB Ratio (13.5x) compared to the XE Semiconductor industry average (4.9x).
Future Growth
How is BE Semiconductor Industries forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
12.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BESI's forecast earnings growth (12.3% per year) is above the savings rate (0.1%).
Earnings vs Market: BESI's earnings (12.3% per year) are forecast to grow faster than the Dutch market (12% per year).
High Growth Earnings: BESI's earnings are forecast to grow, but not significantly.
Revenue vs Market: BESI's revenue (10% per year) is forecast to grow faster than the Dutch market (9.2% per year).
High Growth Revenue: BESI's revenue (10% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BESI's Return on Equity is forecast to be very high in 3 years time (52.9%).
Past Performance
How has BE Semiconductor Industries performed over the past 5 years?
8.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BESI has a high level of non-cash earnings.
Growing Profit Margin: BESI's current net profit margins (35.7%) are higher than last year (26.8%).
Past Earnings Growth Analysis
Earnings Trend: BESI's earnings have grown by 8.9% per year over the past 5 years.
Accelerating Growth: BESI's earnings growth over the past year (96.7%) exceeds its 5-year average (8.9% per year).
Earnings vs Industry: BESI earnings growth over the past year (96.7%) exceeded the Semiconductor industry 64.3%.
Return on Equity
High ROE: BESI's Return on Equity (44.8%) is considered outstanding.
Financial Health
How is BE Semiconductor Industries's financial position?
Financial Position Analysis
Short Term Liabilities: BESI's short term assets (€824.4M) exceed its short term liabilities (€178.8M).
Long Term Liabilities: BESI's short term assets (€824.4M) exceed its long term liabilities (€339.0M).
Debt to Equity History and Analysis
Debt Level: BESI's debt to equity ratio (65.2%) is considered high.
Reducing Debt: BESI's debt to equity ratio has increased from 6.8% to 65.2% over the past 5 years.
Debt Coverage: BESI's debt is well covered by operating cash flow (62.4%).
Interest Coverage: BESI's interest payments on its debt are well covered by EBIT (17.2x coverage).
Balance Sheet
Dividend
What is BE Semiconductor Industries's current dividend yield, its reliability and sustainability?
2.10%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BESI's dividend (2.1%) is higher than the bottom 25% of dividend payers in the Dutch market (1.4%).
High Dividend: BESI's dividend (2.1%) is low compared to the top 25% of dividend payers in the Dutch market (4.55%).
Stability and Growth of Payments
Stable Dividend: BESI's dividend payments have been volatile in the past 10 years.
Growing Dividend: BESI's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (59.7%), BESI's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BESI's dividends in 3 years are not forecast to be well covered by earnings (125.4% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
7.7yrs
Average management tenure
CEO
Richard Blickman (67 yo)
25.83yrs
Tenure
€6,649,754
Compensation
Mr. Richard W. Blickman has been the Chairman of Management Board and Chief Executive Officer at BE Semiconductor Industries N.V., since November 1995 and served as its President since November 1995 until...
CEO Compensation Analysis
Compensation vs Market: Richard's total compensation ($USD7.82M) is above average for companies of similar size in the Dutch market ($USD2.34M).
Compensation vs Earnings: Richard's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: BESI's management team is seasoned and experienced (7.7 years average tenure).
Board Members
Experienced Board: BESI's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BESI insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 6.7%.
Top Shareholders
Company Information
BE Semiconductor Industries N.V.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: BE Semiconductor Industries N.V.
- Ticker: BESI
- Exchange: ENXTAM
- Founded: 1995
- Industry: Semiconductor Equipment
- Sector: Semiconductors
- Market Cap: €6.291b
- Shares outstanding: 77.65m
- Website: https://www.besi.com
Number of Employees
Location
- BE Semiconductor Industries N.V.
- Ratio 6
- Duiven
- Gelderland
- 6921 RW
- Netherlands
Listings
Biography
BE Semiconductor Industries N.V. develops, manufactures, markets, sells, and services semiconductor assembly equipment for the semiconductor and electronics industries worldwide. The company’s principal pr...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/16 21:29 |
| End of Day Share Price | 2021/09/16 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.