ADVANCED ENERGY INDUSTRIES (AEIS) Stock Fundamental Analysis
USA - NASDAQ:AEIS - US0079731008 - Common Stock
205.61 USD
+2.88 (+1.42%)
213 USD
+7.39 (+3.59%)
AEIS gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 124 industry peers in the Electronic Equipment, Instruments & Components industry. While AEIS has a great health rating, its profitability is only average at the moment. AEIS is valued quite expensively, but it does show have an excellent growth rating. With these ratings, AEIS could be worth investigating further for growth investing!.
1. Profitability
1.1 Basic Checks
In the past year AEIS was profitable.
AEIS had a positive operating cash flow in the past year.
In the past 5 years AEIS has always been profitable.
AEIS had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
AEIS has a better Return On Assets (3.52%) than 63.71% of its industry peers.
AEIS's Return On Equity of 6.67% is fine compared to the rest of the industry. AEIS outperforms 62.10% of its industry peers.
Looking at the Return On Invested Capital, with a value of 4.80%, AEIS is in line with its industry, outperforming 56.45% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for AEIS is below the industry average of 9.48%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.52% | ||
| ROE | 6.67% | ||
| ROIC | 4.8% |
ROA(3y)5.81%
ROA(5y)6.6%
ROE(3y)11.48%
ROE(5y)13.29%
ROIC(3y)6.52%
ROIC(5y)7.83%
1.3 Margins
AEIS has a better Profit Margin (5.13%) than 69.35% of its industry peers.
AEIS's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 7.51%, AEIS is in the better half of the industry, outperforming 70.97% of the companies in the same industry.
AEIS's Operating Margin has declined in the last couple of years.
AEIS's Gross Margin of 36.84% is fine compared to the rest of the industry. AEIS outperforms 61.29% of its industry peers.
AEIS's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.51% | ||
| PM (TTM) | 5.13% | ||
| GM | 36.84% |
OM growth 3Y-25.09%
OM growth 5Y-9.73%
PM growth 3Y-26.61%
PM growth 5Y-14.97%
GM growth 3Y-0.78%
GM growth 5Y-2.24%
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 increased compared to 1 year ago.
AEIS has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, AEIS has an improved debt to assets ratio.
2.2 Solvency
AEIS has an Altman-Z score of 6.12. This indicates that AEIS is financially healthy and has little risk of bankruptcy at the moment.
AEIS has a Altman-Z score of 6.12. This is in the better half of the industry: AEIS outperforms 76.61% of its industry peers.
The Debt to FCF ratio of AEIS is 4.58, which is a neutral value as it means it would take AEIS, 4.58 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 4.58, AEIS is doing good in the industry, outperforming 64.52% of the companies in the same industry.
A Debt/Equity ratio of 0.45 indicates that AEIS is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.45, AEIS is doing worse than 67.74% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.45 | ||
| Debt/FCF | 4.58 | ||
| Altman-Z | 6.12 |
ROIC/WACC0.54
WACC8.9%
2.3 Liquidity
AEIS has a Current Ratio of 4.09. This indicates that AEIS is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of AEIS (4.09) is better than 76.61% of its industry peers.
AEIS has a Quick Ratio of 2.97. This indicates that AEIS is financially healthy and has no problem in meeting its short term obligations.
With a decent Quick ratio value of 2.97, AEIS is doing good in the industry, outperforming 72.58% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.09 | ||
| Quick Ratio | 2.97 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 26.84% over the past year.
The Earnings Per Share has been growing by 8.74% on average over the past years. This is quite good.
The Revenue has grown by 8.49% in the past year. This is quite good.
Measured over the past years, AEIS shows a quite strong growth in Revenue. The Revenue has been growing by 13.44% on average per year.
EPS 1Y (TTM)26.84%
EPS 3Y-8.16%
EPS 5Y8.74%
EPS Q2Q%76.47%
Revenue 1Y (TTM)8.49%
Revenue growth 3Y0.59%
Revenue growth 5Y13.44%
Sales Q2Q%20.98%
3.2 Future
AEIS is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 28.48% yearly.
The Revenue is expected to grow by 11.29% on average over the next years. This is quite good.
EPS Next Y57.36%
EPS Next 2Y35.29%
EPS Next 3Y28.48%
EPS Next 5YN/A
Revenue Next Year18.66%
Revenue Next 2Y12.72%
Revenue Next 3Y11.29%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 41.04 indicates a quite expensive valuation of AEIS.
Compared to the rest of the industry, the Price/Earnings ratio of AEIS is on the same level as its industry peers.
The average S&P500 Price/Earnings ratio is at 26.51. AEIS is valued rather expensively when compared to this.
The Price/Forward Earnings ratio is 30.28, which means the current valuation is very expensive for AEIS.
AEIS's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 22.53. AEIS is valued slightly more expensive when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 41.04 | ||
| Fwd PE | 30.28 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as AEIS.
The rest of the industry has a similar Price/Free Cash Flow ratio as AEIS.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 62.81 | ||
| EV/EBITDA | 39.67 |
4.3 Compensation for Growth
AEIS's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as AEIS's earnings are expected to grow with 28.48% in the coming years.
PEG (NY)0.72
PEG (5Y)4.69
EPS Next 2Y35.29%
EPS Next 3Y28.48%
5. Dividend
5.1 Amount
AEIS has a yearly dividend return of 0.19%, which is pretty low.
AEIS's Dividend Yield is a higher than the industry average which is at 2.06.
Compared to an average S&P500 Dividend Yield of 2.38, AEIS's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.19% |
5.2 History
AEIS has been paying a dividend for over 5 years, so it has already some track record.
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 18.38% of its income as dividend. This is a sustainable payout ratio.
DP18.38%
EPS Next 2Y35.29%
EPS Next 3Y28.48%
205.61
+2.88 (+1.42%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners107.62%
Inst Owner Change0.25%
Ins Owners1.14%
Ins Owner Change1.3%
Market Cap7.76B
Revenue(TTM)1.64B
Net Income(TTM)83.87M
Analysts81.11
Price Target173.91 (-15.42%)
Short Float %6.56%
Short Ratio6.15
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.19% |
Yearly Dividend0.41
Dividend Growth(5Y)N/A
DP18.38%
Div Incr Years0
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)13.14%
Min EPS beat(2)12.47%
Max EPS beat(2)13.82%
EPS beat(4)4
Avg EPS beat(4)11.98%
Min EPS beat(4)5.3%
Max EPS beat(4)16.34%
EPS beat(8)7
Avg EPS beat(8)8.06%
EPS beat(12)11
Avg EPS beat(12)10.89%
EPS beat(16)15
Avg EPS beat(16)14.58%
Revenue beat(2)2
Avg Revenue beat(2)1.96%
Min Revenue beat(2)1.18%
Max Revenue beat(2)2.75%
Revenue beat(4)3
Avg Revenue beat(4)1.45%
Min Revenue beat(4)-1.51%
Max Revenue beat(4)3.39%
Revenue beat(8)4
Avg Revenue beat(8)-0.84%
Revenue beat(12)7
Avg Revenue beat(12)0.77%
Revenue beat(16)10
Avg Revenue beat(16)2.07%
PT rev (1m)13.14%
PT rev (3m)30.35%
EPS NQ rev (1m)0.19%
EPS NQ rev (3m)12.6%
EPS NY rev (1m)0.13%
EPS NY rev (3m)9.04%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)4.72%
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.21%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 41.04 | ||
| Fwd PE | 30.28 | ||
| P/S | 4.74 | ||
| P/FCF | 62.81 | ||
| P/OCF | 40.64 | ||
| P/B | 6.17 | ||
| P/tB | 9.37 | ||
| EV/EBITDA | 39.67 |
EPS(TTM)5.01
EY2.44%
EPS(NY)6.79
Fwd EY3.3%
FCF(TTM)3.27
FCFY1.59%
OCF(TTM)5.06
OCFY2.46%
SpS43.36
BVpS33.33
TBVpS21.94
PEG (NY)0.72
PEG (5Y)4.69
Graham Number61.3
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.52% | ||
| ROE | 6.67% | ||
| ROCE | 6.07% | ||
| ROIC | 4.8% | ||
| ROICexc | 7.41% | ||
| ROICexgc | 11.03% | ||
| OM | 7.51% | ||
| PM (TTM) | 5.13% | ||
| GM | 36.84% | ||
| FCFM | 7.55% |
ROA(3y)5.81%
ROA(5y)6.6%
ROE(3y)11.48%
ROE(5y)13.29%
ROIC(3y)6.52%
ROIC(5y)7.83%
ROICexc(3y)10.13%
ROICexc(5y)12.26%
ROICexgc(3y)16.74%
ROICexgc(5y)20.82%
ROCE(3y)8.26%
ROCE(5y)9.92%
ROICexgc growth 3Y-34.09%
ROICexgc growth 5Y-7.46%
ROICexc growth 3Y-32.01%
ROICexc growth 5Y-4.53%
OM growth 3Y-25.09%
OM growth 5Y-9.73%
PM growth 3Y-26.61%
PM growth 5Y-14.97%
GM growth 3Y-0.78%
GM growth 5Y-2.24%
F-Score6
Asset Turnover0.69
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.45 | ||
| Debt/FCF | 4.58 | ||
| Debt/EBITDA | 2.99 | ||
| Cap/Depr | 101.73% | ||
| Cap/Sales | 4.12% | ||
| Interest Coverage | 10.18 | ||
| Cash Conversion | 100.95% | ||
| Profit Quality | 147.22% | ||
| Current Ratio | 4.09 | ||
| Quick Ratio | 2.97 | ||
| Altman-Z | 6.12 |
F-Score6
WACC8.9%
ROIC/WACC0.54
Cap/Depr(3y)90.77%
Cap/Depr(5y)81.79%
Cap/Sales(3y)3.57%
Cap/Sales(5y)3.09%
Profit Quality(3y)104.73%
Profit Quality(5y)103.39%
High Growth Momentum
Growth
EPS 1Y (TTM)26.84%
EPS 3Y-8.16%
EPS 5Y8.74%
EPS Q2Q%76.47%
EPS Next Y57.36%
EPS Next 2Y35.29%
EPS Next 3Y28.48%
EPS Next 5YN/A
Revenue 1Y (TTM)8.49%
Revenue growth 3Y0.59%
Revenue growth 5Y13.44%
Sales Q2Q%20.98%
Revenue Next Year18.66%
Revenue Next 2Y12.72%
Revenue Next 3Y11.29%
Revenue Next 5YN/A
EBIT growth 1Y51.38%
EBIT growth 3Y-24.65%
EBIT growth 5Y2.41%
EBIT Next Year112.4%
EBIT Next 3Y42.63%
EBIT Next 5YN/A
FCF growth 1Y1.73%
FCF growth 3Y-11.96%
FCF growth 5Y26.09%
OCF growth 1Y1.3%
OCF growth 3Y-2.31%
OCF growth 5Y21.99%
ADVANCED ENERGY INDUSTRIES / AEIS FAQ
Can you provide the ChartMill fundamental rating for ADVANCED ENERGY INDUSTRIES?
ChartMill assigns a fundamental rating of 6 / 10 to AEIS.
Can you provide the valuation status for ADVANCED ENERGY INDUSTRIES?
ChartMill assigns a valuation rating of 3 / 10 to ADVANCED ENERGY INDUSTRIES (AEIS). This can be considered as Overvalued.
How profitable is ADVANCED ENERGY INDUSTRIES (AEIS) stock?
ADVANCED ENERGY INDUSTRIES (AEIS) has a profitability rating of 5 / 10.
How financially healthy is ADVANCED ENERGY INDUSTRIES?
The financial health rating of ADVANCED ENERGY INDUSTRIES (AEIS) is 7 / 10.
Can you provide the expected EPS growth for AEIS stock?
The Earnings per Share (EPS) of ADVANCED ENERGY INDUSTRIES (AEIS) is expected to grow by 57.36% in the next year.