ADVANCED ENERGY INDUSTRIES (AEIS) Stock Fundamental Analysis
NASDAQ:AEIS - Nasdaq - US0079731008 - Common Stock
Taking everything into account, AEIS scores 5 out of 10 in our fundamental rating. AEIS was compared to 126 industry peers in the Electronic Equipment, Instruments & Components industry. AEIS has an average financial health and profitability rating. While showing a medium growth rate, AEIS is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year AEIS was profitable.
In the past year AEIS had a positive cash flow from operations.
In the past 5 years AEIS has always been profitable.
In the past 5 years AEIS always reported a positive cash flow from operatings.
1.2 Ratios
AEIS has a Return On Assets (1.95%) which is in line with its industry peers.
AEIS has a Return On Equity (3.68%) which is in line with its industry peers.
AEIS has a Return On Invested Capital (2.80%) which is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for AEIS is in line with the industry average of 9.03%.
The last Return On Invested Capital (2.80%) for AEIS is well below the 3 year average (8.95%), which needs to be investigated, but indicates that AEIS had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.95% | ||
| ROE | 3.68% | ||
| ROIC | 2.8% |
ROA(3y)7.48%
ROA(5y)6.97%
ROE(3y)15.14%
ROE(5y)14.31%
ROIC(3y)8.95%
ROIC(5y)8.53%
1.3 Margins
The Profit Margin of AEIS (2.91%) is better than 61.16% of its industry peers.
AEIS's Profit Margin has declined in the last couple of years.
With a decent Operating Margin value of 4.34%, AEIS is doing good in the industry, outperforming 60.33% of the companies in the same industry.
AEIS's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 35.16%, AEIS is in line with its industry, outperforming 59.50% of the companies in the same industry.
AEIS's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.34% | ||
| PM (TTM) | 2.91% | ||
| GM | 35.16% |
OM growth 3Y-14.01%
OM growth 5Y-19.06%
PM growth 3Y-6.61%
PM growth 5Y-17.65%
GM growth 3Y-2.22%
GM growth 5Y-6.79%
2. Health
2.1 Basic Checks
AEIS has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for AEIS has been reduced compared to 1 year ago.
Compared to 5 years ago, AEIS has less shares outstanding
AEIS has a worse debt/assets ratio than last year.
2.2 Solvency
AEIS has an Altman-Z score of 4.60. This indicates that AEIS is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of AEIS (4.60) is better than 69.42% of its industry peers.
The Debt to FCF ratio of AEIS is 7.64, which is on the high side as it means it would take AEIS, 7.64 years of fcf income to pay off all of its debts.
AEIS's Debt to FCF ratio of 7.64 is in line compared to the rest of the industry. AEIS outperforms 52.89% of its industry peers.
AEIS has a Debt/Equity ratio of 0.48. This is a healthy value indicating a solid balance between debt and equity.
AEIS has a Debt to Equity ratio of 0.48. This is in the lower half of the industry: AEIS underperforms 72.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | 7.64 | ||
| Altman-Z | 4.6 |
ROIC/WACC0.28
WACC9.86%
2.3 Liquidity
AEIS has a Current Ratio of 4.62. This indicates that AEIS is financially healthy and has no problem in meeting its short term obligations.
AEIS has a Current ratio of 4.62. This is in the better half of the industry: AEIS outperforms 77.69% of its industry peers.
A Quick Ratio of 3.32 indicates that AEIS has no problem at all paying its short term obligations.
With a decent Quick ratio value of 3.32, AEIS is doing good in the industry, outperforming 77.69% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.62 | ||
| Quick Ratio | 3.32 |
3. Growth
3.1 Past
AEIS shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -31.52%.
AEIS shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 2.19% yearly.
AEIS shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -15.47%.
AEIS shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 18.16% yearly.
EPS 1Y (TTM)-31.52%
EPS 3Y-2.41%
EPS 5Y2.19%
EPS Q2Q%-23.44%
Revenue 1Y (TTM)-15.47%
Revenue growth 3Y5.36%
Revenue growth 5Y18.16%
Sales Q2Q%-8.73%
3.2 Future
Based on estimates for the next years, AEIS will show a quite strong growth in Earnings Per Share. The EPS will grow by 9.73% on average per year.
Based on estimates for the next years, AEIS will show a small growth in Revenue. The Revenue will grow by 2.56% on average per year.
EPS Next Y-26.52%
EPS Next 2Y2.37%
EPS Next 3Y9.73%
EPS Next 5YN/A
Revenue Next Year-11.83%
Revenue Next 2Y-0.71%
Revenue Next 3Y2.56%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 33.19, which means the current valuation is very expensive for AEIS.
Based on the Price/Earnings ratio, AEIS is valued a bit cheaper than the industry average as 60.33% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 27.96. AEIS is around the same levels.
A Price/Forward Earnings ratio of 23.74 indicates a rather expensive valuation of AEIS.
Based on the Price/Forward Earnings ratio, AEIS is valued a bit cheaper than 61.98% of the companies in the same industry.
AEIS is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 24.11, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.19 | ||
| Fwd PE | 23.74 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of AEIS is on the same level as its industry peers.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of AEIS is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 61.85 | ||
| EV/EBITDA | 33.33 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)15.16
EPS Next 2Y2.37%
EPS Next 3Y9.73%
5. Dividend
5.1 Amount
With a yearly dividend of 0.34%, AEIS is not a good candidate for dividend investing.
AEIS's Dividend Yield is rather good when compared to the industry average which is at 1.89. AEIS pays more dividend than 83.47% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.33, AEIS's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.34% |
5.2 History
AEIS has paid a dividend for less than 5 years, so there is no long track record yet.
AEIS has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
AEIS pays out 35.78% of its income as dividend. This is a sustainable payout ratio.
DP35.78%
EPS Next 2Y2.37%
EPS Next 3Y9.73%
ADVANCED ENERGY INDUSTRIES
NASDAQ:AEIS (1/17/2025, 8:00:00 PM)
After market: 121.16 0 (0%)121.16
+1.5 (+1.25%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners107.41%
Inst Owner Change0%
Ins Owners0.8%
Ins Owner Change-0.56%
Market Cap4.56B
Analysts76.67
Price Target122.85 (1.39%)
Short Float %7.43%
Short Ratio12.12
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.34% |
Yearly Dividend0.41
Dividend Growth(5Y)N/A
DP35.78%
Div Incr Years0
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)11.1%
Min EPS beat(2)5.3%
Max EPS beat(2)16.9%
EPS beat(4)3
Avg EPS beat(4)2.95%
Min EPS beat(4)-15.1%
Max EPS beat(4)16.9%
EPS beat(8)7
Avg EPS beat(8)4.68%
EPS beat(12)11
Avg EPS beat(12)15.37%
EPS beat(16)14
Avg EPS beat(16)12.19%
Revenue beat(2)1
Avg Revenue beat(2)0.35%
Min Revenue beat(2)-1.51%
Max Revenue beat(2)2.21%
Revenue beat(4)1
Avg Revenue beat(4)-2.55%
Min Revenue beat(4)-8.74%
Max Revenue beat(4)2.21%
Revenue beat(8)3
Avg Revenue beat(8)-1.75%
Revenue beat(12)7
Avg Revenue beat(12)2.21%
Revenue beat(16)7
Avg Revenue beat(16)1.33%
PT rev (1m)3.53%
PT rev (3m)3.14%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-5.21%
EPS NY rev (1m)-0.03%
EPS NY rev (3m)4.97%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.78%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.61%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.19 | ||
| Fwd PE | 23.74 | ||
| P/S | 3.1 | ||
| P/FCF | 61.85 | ||
| P/OCF | 34.56 | ||
| P/B | 3.92 | ||
| P/tB | 6.34 | ||
| EV/EBITDA | 33.33 |
EPS(TTM)3.65
EY3.01%
EPS(NY)5.1
Fwd EY4.21%
FCF(TTM)1.96
FCFY1.62%
OCF(TTM)3.51
OCFY2.89%
SpS39.07
BVpS30.91
TBVpS19.12
PEG (NY)N/A
PEG (5Y)15.16
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.95% | ||
| ROE | 3.68% | ||
| ROCE | 3.36% | ||
| ROIC | 2.8% | ||
| ROICexc | 4.29% | ||
| ROICexgc | 6.67% | ||
| OM | 4.34% | ||
| PM (TTM) | 2.91% | ||
| GM | 35.16% | ||
| FCFM | 5.01% |
ROA(3y)7.48%
ROA(5y)6.97%
ROE(3y)15.14%
ROE(5y)14.31%
ROIC(3y)8.95%
ROIC(5y)8.53%
ROICexc(3y)14.02%
ROICexc(5y)13.2%
ROICexgc(3y)23.57%
ROICexgc(5y)22.68%
ROCE(3y)10.72%
ROCE(5y)10.21%
ROICexcg growth 3Y-20.75%
ROICexcg growth 5Y-26.38%
ROICexc growth 3Y-18.13%
ROICexc growth 5Y-24.76%
OM growth 3Y-14.01%
OM growth 5Y-19.06%
PM growth 3Y-6.61%
PM growth 5Y-17.65%
GM growth 3Y-2.22%
GM growth 5Y-6.79%
F-Score5
Asset Turnover0.67
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | 7.64 | ||
| Debt/EBITDA | 4.26 | ||
| Cap/Depr | 84.95% | ||
| Cap/Sales | 3.96% | ||
| Interest Coverage | 2.62 | ||
| Cash Conversion | 99.71% | ||
| Profit Quality | 172.25% | ||
| Current Ratio | 4.62 | ||
| Quick Ratio | 3.32 | ||
| Altman-Z | 4.6 |
F-Score5
WACC9.86%
ROIC/WACC0.28
Cap/Depr(3y)83.21%
Cap/Depr(5y)84.46%
Cap/Sales(3y)3.02%
Cap/Sales(5y)2.97%
Profit Quality(3y)86.07%
Profit Quality(5y)83.25%
High Growth Momentum
Growth
EPS 1Y (TTM)-31.52%
EPS 3Y-2.41%
EPS 5Y2.19%
EPS Q2Q%-23.44%
EPS Next Y-26.52%
EPS Next 2Y2.37%
EPS Next 3Y9.73%
EPS Next 5YN/A
Revenue 1Y (TTM)-15.47%
Revenue growth 3Y5.36%
Revenue growth 5Y18.16%
Sales Q2Q%-8.73%
Revenue Next Year-11.83%
Revenue Next 2Y-0.71%
Revenue Next 3Y2.56%
Revenue Next 5YN/A
EBIT growth 1Y-63%
EBIT growth 3Y-9.41%
EBIT growth 5Y-4.36%
EBIT Next Year0.65%
EBIT Next 3Y19.27%
EBIT Next 5YN/A
FCF growth 1Y-25.15%
FCF growth 3Y-3.53%
FCF growth 5Y3.31%
OCF growth 1Y-10.32%
OCF growth 3Y1.26%
OCF growth 5Y7.43%