NasdaqGS:AEIS

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Executive Summary

Advanced Energy Industries, Inc. designs, manufactures, sells, and supports precision power conversion, measurement, and control solutions worldwide. More Details


Snowflake Analysis

Excellent balance sheet with proven track record.


Similar Companies

Share Price & News

How has Advanced Energy Industries's share price performed over time and what events caused price changes?


Latest Share Price and Events

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

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


Market Performance


7 Day Return

6.8%

AEIS

1.9%

US Semiconductor

-1.3%

US Market


1 Year Return

85.8%

AEIS

71.1%

US Semiconductor

41.9%

US Market

Return vs Industry: AEIS exceeded the US Semiconductor industry which returned 71.4% over the past year.

Return vs Market: AEIS exceeded the US Market which returned 36.5% over the past year.


Shareholder returns

AEISIndustryMarket
7 Day6.8%1.9%-1.3%
30 Day8.6%8.8%7.5%
90 Day11.6%15.1%15.9%
1 Year86.0%85.8%74.0%71.1%44.8%41.9%
3 Year66.2%66.0%115.1%104.1%49.1%41.0%
5 Year263.3%263.0%345.6%302.9%113.1%92.8%

Long-Term Price Volatility Vs. Market

How volatile is Advanced Energy Industries's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Advanced Energy Industries undervalued compared to its fair value and its price relative to the market?

31.59x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: AEIS ($111.37) is trading above our estimate of fair value ($81.91)

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


Price To Earnings Ratio

PE vs Industry: AEIS is good value based on its PE Ratio (31.6x) compared to the US Semiconductor industry average (38.3x).

PE vs Market: AEIS is poor value based on its PE Ratio (31.6x) compared to the US market (21.2x).


Price to Earnings Growth Ratio

PEG Ratio: AEIS is poor value based on its PEG Ratio (1.4x)


Price to Book Ratio

PB vs Industry: AEIS is overvalued based on its PB Ratio (5.2x) compared to the US Semiconductor industry average (4.8x).


Next Steps

Future Growth

How is Advanced Energy Industries forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

23.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AEIS's forecast earnings growth (23.4% per year) is above the savings rate (2%).

Earnings vs Market: AEIS's earnings (23.4% per year) are forecast to grow faster than the US market (20% per year).

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

Revenue vs Market: AEIS's revenue (6.5% per year) is forecast to grow slower than the US market (10.4% per year).

High Growth Revenue: AEIS's revenue (6.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: AEIS's Return on Equity is forecast to be high in 3 years time (22.4%)


Next Steps

Past Performance

How has Advanced Energy Industries performed over the past 5 years?

-3.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AEIS has high quality earnings.

Growing Profit Margin: AEIS's current net profit margins (9.5%) are higher than last year (7.1%).


Past Earnings Growth Analysis

Earnings Trend: AEIS's earnings have declined by 3.8% per year over the past 5 years.

Accelerating Growth: AEIS's earnings growth over the past year (139.1%) exceeds its 5-year average (-3.8% per year).

Earnings vs Industry: AEIS earnings growth over the past year (139.1%) exceeded the Semiconductor industry 18.2%.


Return on Equity

High ROE: AEIS's Return on Equity (16.6%) is considered low.


Next Steps

Financial Health

How is Advanced Energy Industries's financial position?


Financial Position Analysis

Short Term Liabilities: AEIS's short term assets ($980.2M) exceed its short term liabilities ($296.4M).

Long Term Liabilities: AEIS's short term assets ($980.2M) exceed its long term liabilities ($535.9M).


Debt to Equity History and Analysis

Debt Level: AEIS's debt to equity ratio (39.8%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if AEIS's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: AEIS's debt is well covered by operating cash flow (61.9%).

Interest Coverage: AEIS's interest payments on its debt are well covered by EBIT (34.6x coverage).


Balance Sheet


Next Steps

Dividend

What is Advanced Energy Industries's current dividend yield, its reliability and sustainability?

0.36%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: AEIS's dividend (0.36%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.33%).

High Dividend: AEIS's dividend (0.36%) is low compared to the top 25% of dividend payers in the US market (3.76%).


Stability and Growth of Payments

Stable Dividend: AEIS is not paying a notable dividend for the US market, therefore no need to check if payments are stable.

Growing Dividend: AEIS is not paying a notable dividend for the US market, therefore no need to check if payments are 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 AEIS's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

2.7yrs

Average management tenure


CEO

Yuval Wasserman (65 yo)

6.33yrs

Tenure

US$4,613,425

Compensation

Mr. Yuval Wasserman serves as Chief Executive Officer of Advanced Energy Industries, Inc. since October 2014 and serves as its Director since October 1, 2014. Mr. Wasserman serves as President at Advanced ...


CEO Compensation Analysis

Compensation vs Market: Yuval's total compensation ($USD4.61M) is about average for companies of similar size in the US market ($USD4.99M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Yuval Wasserman
CEO, President & Director6.33yrsUS$4.61m0.31%
$ 13.1m
Paul Oldham
Executive VP & CFO2.75yrsUS$1.60m0.014%
$ 597.6k
Thomas McGimpsey
Executive VP of Corporate Development0.42yrUS$1.27m0.078%
$ 3.3m
Isabel Yang
Senior VP & CTO2.58yrsno datano data
Yeuk-Fai Mok
Vice President of Strategic Marketing & Investor Relations2.42yrsno datano data
William Trupkiewicz
Vice President and Corporate Controller6.92yrsUS$550.56kno data
Dana Huth
Executive VP & Chief Revenue Officerno datano data0.024%
$ 1.0m
Peter Gillespie
VP & GM Semiconductor Customer Solutionsno datano datano data

2.7yrs

Average Tenure

58yo

Average Age

Experienced Management: AEIS's management team is considered experienced (2.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Yuval Wasserman
CEO, President & Director6.33yrsUS$4.61m0.31%
$ 13.1m
Frederick Ball
Independent Director12.33yrsUS$257.55k0.076%
$ 3.2m
Edward Grady
Independent Director12.75yrsUS$246.55k0.12%
$ 5.0m
Grant Beard
Independent Chairman of the Board4.75yrsUS$294.05k0.13%
$ 5.3m
Ronald Foster
Independent Director6.25yrsUS$244.55k0.099%
$ 4.2m
Thomas Rohrs
Independent Director14.75yrsUS$244.55k0.052%
$ 2.2m
John Roush
Independent Director4.75yrsUS$239.05k0.057%
$ 2.5m
Tina Donikowski
Independent Director2.75yrsUS$244.55k0.0091%
$ 389.9k
Lanesha Minnix
Director0.33yrno datano data
Anne DelSanto
Director0.33yrno datano data

5.5yrs

Average Tenure

60yo

Average Age

Experienced Board: AEIS's board of directors are considered experienced (5.5 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

Advanced Energy Industries, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Advanced Energy Industries, Inc.
  • Ticker: AEIS
  • Exchange: NasdaqGS
  • Founded: 1981
  • Industry: Semiconductor Equipment
  • Sector: Semiconductors
  • Market Cap: US$4.265b
  • Shares outstanding: 38.30m
  • Website: https://www.advancedenergy.com

Number of Employees


Location

  • Advanced Energy Industries, Inc.
  • 1595 Wynkoop Street
  • Suite 800
  • Denver
  • Colorado
  • 80202
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AEISNasdaqGS (Nasdaq Global Select)YesCommon SharesUSUSDNov 1995
AVXDB (Deutsche Boerse AG)YesCommon SharesDEEURNov 1995

Biography

Advanced Energy Industries, Inc. designs, manufactures, sells, and supports precision power conversion, measurement, and control solutions worldwide. It offers process power solutions, including direct cur...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/01 23:37
End of Day Share Price2021/03/01 00:00
Earnings2020/12/31
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.