Duyuru • May 28
Siltronic AG announced that it has received €187.635 million in funding from Wacker Chemie AG and other investors Siltronic AG announced a private placement to issue 2,100,000 shares at an issue price of €89.35 per share for gross proceeds of €187,635,000 on May 26, 2026. The transaction included participation from returning investor Wacker Chemie AG and qualified investors and to international institutional investors only. The investor Wacker remains the largest shareholder with approximately 24% of the capital stock. Price Target Changed • May 20
Price target increased by 10% to €69.90 Up from €63.30, the current price target is an average from 10 analysts. New target price is 20% below last closing price of €87.20. Stock is up 137% over the past year. The company is forecast to post a net loss per share of €7.46 next year compared to a net loss per share of €2.31 last year. Duyuru • Mar 30
Siltronic AG, Annual General Meeting, May 08, 2026 Siltronic AG, Annual General Meeting, May 08, 2026, at 10:00 W. Europe Standard Time. Duyuru • Feb 14
Siltronic AG Provides Earnings Guidance for Financial Year 2026 Siltronic AG provided earnings guidance for financial year 2026. Due to the continued weakness of the US dollar against the euro, a declining 200 mm wafer demand, the ongoing price pressure outside of long-term agreements, and the first full-year effect of the SD closure, the company expects sales in the mid-single-digit percent range below the previous year (exchange rate assumption: EUR/USD 1.18) and significant decrease in EBIT compared to the previous year. Duyuru • Oct 22
Siltronic AG to Report Fiscal Year 2025 Results on Feb 03, 2026 Siltronic AG announced that they will report fiscal year 2025 results on Feb 03, 2026 Duyuru • May 02
Siltronic AG Reaffirms Earnings Guidance for the First Half and Full Year of Financial Year 2025 Siltronic AG reaffirmed earnings guidance for the first half and full year of financial year 2025. For the first half 2025 sales expected to be in the mid to high single-digit percentage range below second half of 2024.
The sales guidance for the full year 2025 remains unchanged, although it is not yet possible to estimate the impact of American tariff policies and the corresponding countermeasures on expected end-market growth and FX rates for the remainder of the year (assumption for guidance: EUR/USD 1.08). The company also expects EBIT to have a significant decline. Duyuru • Apr 03
Siltronic AG, Annual General Meeting, May 12, 2025 Siltronic AG, Annual General Meeting, May 12, 2025, at 10:00 W. Europe Standard Time. Duyuru • Feb 04
Siltronic AG Proposes Dividend for the Financial Year 2024 Siltronic AG decided to suspend the dividend policy for the 2024 financial year. It plans to propose a reduced dividend of EUR 0.20 for the financial year 2024 to the Annual General Meeting on May 12, 2025. New Risk • Oct 28
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 17% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 17% per year for the foreseeable future. High level of non-cash earnings (22% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (6.8% net profit margin). Reported Earnings • Oct 24
Third quarter 2024 earnings: EPS and revenues exceed analyst expectations Third quarter 2024 results: EPS: €0.60 (down from €1.10 in 3Q 2023). Revenue: €357.3m (up 2.3% from 3Q 2023). Net income: €17.9m (down 46% from 3Q 2023). Profit margin: 5.0% (down from 9.5% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.1%. Earnings per share (EPS) also surpassed analyst estimates significantly. Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has fallen by 23% per year and the company’s share price has also fallen by 23% per year. Reported Earnings • Jul 26
Second quarter 2024 earnings: EPS and revenues exceed analyst expectations Second quarter 2024 results: EPS: €0.73 (down from €1.83 in 2Q 2023). Revenue: €351.3m (down 13% from 2Q 2023). Net income: €21.8m (down 60% from 2Q 2023). Profit margin: 6.2% (down from 14% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 6.7%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings. New Risk • Jun 03
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 1.2% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 1.2% per year for the foreseeable future. High level of non-cash earnings (42% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (9.9% net profit margin). Upcoming Dividend • May 07
Upcoming dividend of €1.20 per share Eligible shareholders must have bought the stock before 14 May 2024. Payment date: 16 May 2024. Payout ratio is a comfortable 20% but the company is not cash flow positive. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (4.6%). Higher than average of industry peers (1.1%). Reported Earnings • May 05
First quarter 2024 earnings: EPS exceeds analyst expectations First quarter 2024 results: EPS: €0.86 (down from €2.20 in 1Q 2023). Revenue: €343.5m (down 15% from 1Q 2023). Net income: €25.7m (down 61% from 1Q 2023). Profit margin: 7.5% (down from 16% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates significantly. Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. New Risk • Apr 18
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 2.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 2.5% per year for the foreseeable future. High level of non-cash earnings (43% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (12% net profit margin). Reported Earnings • Mar 13
Full year 2023 earnings: EPS exceeds analyst expectations Full year 2023 results: EPS: €6.15 (down from €13.02 in FY 2022). Revenue: €1.51b (down 16% from FY 2022). Net income: €184.4m (down 53% from FY 2022). Profit margin: 12% (down from 22% in FY 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.9%. Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Declared Dividend • Feb 15
Dividend of €1.20 announced Shareholders will receive a dividend of €1.20. Ex-date: 14th May 2024 Payment date: 16th May 2024 Dividend yield will be 1.4%, which is higher than the industry average of 1.1%. Sustainability & Growth Dividend is covered by earnings (35% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.1% per year over the past 6 years. However, payments have been volatile during that time. EPS is expected to decline by 73% over the next 3 years. Since a fall of 62% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk. Price Target Changed • Jan 10
Price target increased by 7.0% to €91.60 Up from €85.60, the current price target is an average from 10 analysts. New target price is approximately in line with last closing price of €90.35. Stock is up 16% over the past year. The company is forecast to post earnings per share of €5.95 for next year compared to €13.02 last year. Reported Earnings • Nov 04
Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2023 results: EPS: €1.10 (down from €3.32 in 3Q 2022). Revenue: €349.1m (down 26% from 3Q 2022). Net income: €33.1m (down 67% from 3Q 2022). Profit margin: 9.5% (down from 21% in 3Q 2022). Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) exceeded analyst estimates by 14%. Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • Jul 28
Second quarter 2023 earnings released: EPS: €1.83 (vs €2.66 in 2Q 2022) Second quarter 2023 results: EPS: €1.83 (down from €2.66 in 2Q 2022). Revenue: €403.7m (down 8.7% from 2Q 2022). Net income: €54.9m (down 31% from 2Q 2022). Profit margin: 14% (down from 18% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 20
First quarter 2023 earnings: EPS exceeds analyst expectations First quarter 2023 results: EPS: €2.20 (down from €3.47 in 1Q 2022). Revenue: €404.4m (down 3.0% from 1Q 2022). Net income: €66.1m (down 37% from 1Q 2022). Profit margin: 16% (down from 25% in 1Q 2022). The decrease in margin was primarily driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.3%. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • May 19
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €67.95, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 15x in the Semiconductor industry in Germany. Total loss to shareholders of 7.2% over the past three years. Upcoming Dividend • May 01
Upcoming dividend of €3.00 per share at 4.6% yield Eligible shareholders must have bought the stock before 08 May 2023. Payment date: 10 May 2023. Payout ratio is a comfortable 23% but the company is not cash flow positive. Trailing yield: 4.6%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (1.1%). Reported Earnings • Mar 10
Full year 2022 earnings: EPS exceeds analyst expectations Full year 2022 results: EPS: €13.02 (up from €8.44 in FY 2021). Revenue: €1.81b (up 28% from FY 2021). Net income: €390.6m (up 54% from FY 2021). Profit margin: 22% (up from 18% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.2%. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Nov 11
Investor sentiment improved over the past week After last week's 15% share price gain to €72.95, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 15x in the Semiconductor industry in Germany. Negligible returns to shareholders over past three years. Price Target Changed • Nov 03
Price target decreased to €75.67 Down from €84.22, the current price target is an average from 9 analysts. New target price is 21% above last closing price of €62.40. Stock is down 54% over the past year. The company is forecast to post earnings per share of €12.45 for next year compared to €8.44 last year. Price Target Changed • Oct 30
Price target decreased to €81.00 Down from €87.67, the current price target is an average from 9 analysts. New target price is 23% above last closing price of €65.90. Stock is down 51% over the past year. The company is forecast to post earnings per share of €12.30 for next year compared to €8.44 last year. Reported Earnings • Oct 29
Third quarter 2022 earnings: EPS and revenues exceed analyst expectations Third quarter 2022 results: EPS: €3.32 (up from €2.15 in 3Q 2021). Revenue: €474.0m (up 28% from 3Q 2021). Net income: €99.7m (up 55% from 3Q 2021). Profit margin: 21% (up from 17% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.3%. Earnings per share (EPS) also surpassed analyst estimates by 30%. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Reported Earnings • Jul 30
Second quarter 2022 earnings: EPS and revenues exceed analyst expectations Second quarter 2022 results: EPS: €2.66 (up from €1.83 in 2Q 2021). Revenue: €442.2m (up 30% from 2Q 2021). Net income: €79.9m (up 46% from 2Q 2021). Profit margin: 18% (up from 16% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) also surpassed analyst estimates by 11%. Over the next year, revenue is forecast to grow 11%, compared to a 14% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 5% per year. Price Target Changed • Jul 14
Price target decreased to €98.67 Down from €110, the current price target is an average from 8 analysts. New target price is 44% above last closing price of €68.45. Stock is down 52% over the past year. The company is forecast to post earnings per share of €10.89 for next year compared to €8.44 last year. Price Target Changed • Jul 11
Price target decreased to €106 Down from €116, the current price target is an average from 8 analysts. New target price is 50% above last closing price of €70.70. Stock is down 50% over the past year. The company is forecast to post earnings per share of €10.73 for next year compared to €8.44 last year. Reported Earnings • May 11
First quarter 2022 earnings: EPS and revenues exceed analyst expectations First quarter 2022 results: EPS: €3.47 (up from €1.67 in 1Q 2021). Revenue: €417.0m (up 32% from 1Q 2021). Net income: €104.2m (up 108% from 1Q 2021). Profit margin: 25% (up from 16% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.7%. Earnings per share (EPS) also surpassed analyst estimates by 58%. Over the next year, revenue is forecast to grow 14%, compared to a 12% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Upcoming Dividend • May 01
Upcoming dividend of €3.00 per share Eligible shareholders must have bought the stock before 06 May 2022. Payment date: 10 May 2022. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (4.0%). Higher than average of industry peers (1.1%). Reported Earnings • Oct 28
Third quarter 2021 earnings released The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €371.6m (up 24% from 3Q 2020). Net income: €64.5m (up 100% from 3Q 2020). Profit margin: 17% (up from 11% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. Reported Earnings • May 08
First quarter 2021 earnings released: EPS €1.67 (vs €1.32 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €316.1m (up 5.3% from 1Q 2020). Net income: €50.1m (up 27% from 1Q 2020). Profit margin: 16% (up from 13% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Apr 24
Upcoming dividend of €2.00 per share Eligible shareholders must have bought the stock before 30 April 2021. Payment date: 04 May 2021. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (3.2%). Higher than average of industry peers (0.7%). Reported Earnings • Mar 10
Full year 2020 earnings released: EPS €5.36 (vs €7.52 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €1.21b (down 5.0% from FY 2019). Net income: €160.8m (down 29% from FY 2019). Profit margin: 13% (down from 18% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Mar 10
Earnings beat expectations, revenue disappoints Revenue missed analyst estimates by 0.04%. Earnings per share (EPS) exceeded analyst estimates by 8.0%. Over the next year, revenue is forecast to grow 5.0%, compared to a 17% growth forecast for the Semiconductor industry in Germany. Price Target Changed • Feb 02
Price target raised to €141 Up from €130, the current price target is an average from 8 analysts. The new target price is close to the current share price of €143. Is New 90 Day High Low • Jan 23
New 90-day high: €146 The company is up 67% from its price of €86.88 on 23 October 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 37% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €172 per share. Is New 90 Day High Low • Jan 04
New 90-day high: €130 The company is up 62% from its price of €80.28 on 06 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 24% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €168 per share. Is New 90 Day High Low • Dec 04
New 90-day high: €124 The company is up 61% from its price of €76.92 on 04 September 2020. The German market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 27% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €183 per share. Price Target Changed • Nov 30
Price target raised to €107 Up from €96.18, the current price target is an average from 10 analysts. The new target price is 5.3% below the current share price of €113. As of last close, the stock is up 54% over the past year. Valuation Update With 7 Day Price Move • Nov 27
Market bids up stock over the past week After last week's 16% share price gain to €113, the stock is trading at a trailing P/E ratio of 20x, up from the previous P/E ratio of 17.2x. This compares to an average P/E of 58x in the Semiconductor industry in Germany. Total returns to shareholders over the past three years are 4.7%. Is New 90 Day High Low • Nov 10
New 90-day high: €90.34 The company is up 17% from its price of €77.44 on 11 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €152 per share. Analyst Estimate Surprise Post Earnings • Nov 01
Third-quarter earnings released: Revenue and earnings miss expectations Third-quarter revenue missed analyst estimates by 0.5% at €299.2m. Earnings per share (EPS) also missed analyst estimates by 5.6% at €1.08. Revenue is forecast to grow 1.4% over the next year, compared to a 19% growth forecast for the Semiconductor industry in Germany. Reported Earnings • Nov 01
Third quarter earnings released Over the last 12 months the company has reported total profits of €162.1m, down 43% from the prior year. Total revenue was €1.23b over the last 12 months, down 9.3% from the prior year. Is New 90 Day High Low • Sep 23
New 90-day low: €72.28 The company is down 18% from its price of €88.48 on 25 June 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €132 per share.