BE SEMICONDUCTOR INDUSTRIES (BESI.AS) Stock Fundamental Analysis
Europe - AMS:BESI - NL0012866412 - Common Stock
134.15 EUR
-3.6 (-2.61%)
Overall BESI gets a fundamental rating of 6 out of 10. We evaluated BESI against 62 industry peers in the Semiconductors & Semiconductor Equipment industry. BESI scores excellent on profitability, but there are some minor concerns on its financial health. BESI is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year BESI was profitable.
BESI had a positive operating cash flow in the past year.
Each year in the past 5 years BESI has been profitable.
BESI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
BESI has a Return On Assets of 15.92%. This is amongst the best in the industry. BESI outperforms 88.33% of its industry peers.
BESI has a better Return On Equity (47.58%) than 95.00% of its industry peers.
Looking at the Return On Invested Capital, with a value of 15.29%, BESI is in the better half of the industry, outperforming 76.67% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for BESI is above the industry average of 14.29%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.92% | ||
| ROE | 47.58% | ||
| ROIC | 15.29% |
ROA(3y)18.56%
ROA(5y)18.98%
ROE(3y)38.87%
ROE(5y)39.57%
ROIC(3y)19.02%
ROIC(5y)19.17%
1.3 Margins
BESI's Profit Margin of 28.20% is amongst the best of the industry. BESI outperforms 85.00% of its industry peers.
In the last couple of years the Profit Margin of BESI has grown nicely.
Looking at the Operating Margin, with a value of 31.27%, BESI belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
BESI's Operating Margin has improved in the last couple of years.
BESI's Gross Margin of 63.90% is amongst the best of the industry. BESI outperforms 86.67% of its industry peers.
In the last couple of years the Gross Margin of BESI has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 31.27% | ||
| PM (TTM) | 28.2% | ||
| GM | 63.9% |
OM growth 3Y-8.76%
OM growth 5Y4.43%
PM growth 3Y-7.37%
PM growth 5Y5.59%
GM growth 3Y3.01%
GM growth 5Y3.15%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), BESI is creating value.
BESI has more shares outstanding than it did 1 year ago.
BESI has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, BESI has a worse debt to assets ratio.
2.2 Solvency
BESI has an Altman-Z score of 11.38. This indicates that BESI is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of BESI (11.38) is better than 80.00% of its industry peers.
BESI has a debt to FCF ratio of 2.85. This is a good value and a sign of high solvency as BESI would need 2.85 years to pay back of all of its debts.
BESI's Debt to FCF ratio of 2.85 is in line compared to the rest of the industry. BESI outperforms 51.67% of its industry peers.
BESI has a Debt/Equity ratio of 1.50. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 1.50, BESI is not doing good in the industry: 91.67% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.5 | ||
| Debt/FCF | 2.85 | ||
| Altman-Z | 11.38 |
ROIC/WACC1.54
WACC9.94%
2.3 Liquidity
BESI has a Current Ratio of 5.73. This indicates that BESI is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 5.73, BESI belongs to the top of the industry, outperforming 98.33% of the companies in the same industry.
BESI has a Quick Ratio of 5.06. This indicates that BESI is financially healthy and has no problem in meeting its short term obligations.
With an excellent Quick ratio value of 5.06, BESI belongs to the best of the industry, outperforming 98.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.73 | ||
| Quick Ratio | 5.06 |
3. Growth
3.1 Past
BESI shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -16.96%.
The Earnings Per Share has been growing by 16.76% on average over the past years. This is quite good.
Looking at the last year, BESI shows a decrease in Revenue. The Revenue has decreased by -5.75% in the last year.
BESI shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 11.27% yearly.
EPS 1Y (TTM)-16.96%
EPS 3Y-12.13%
EPS 5Y16.76%
EPS Q2Q%-45.76%
Revenue 1Y (TTM)-5.75%
Revenue growth 3Y-6.76%
Revenue growth 5Y11.27%
Sales Q2Q%-15.23%
3.2 Future
The Earnings Per Share is expected to grow by 25.72% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 19.45% on average over the next years. This is quite good.
EPS Next Y-23.42%
EPS Next 2Y20.08%
EPS Next 3Y28.32%
EPS Next 5Y25.72%
Revenue Next Year-3.49%
Revenue Next 2Y16.17%
Revenue Next 3Y20.36%
Revenue Next 5Y19.45%
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 accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 72.12, the valuation of BESI can be described as expensive.
76.67% of the companies in the same industry are cheaper than BESI, based on the Price/Earnings ratio.
BESI is valuated expensively when we compare the Price/Earnings ratio to 26.06, which is the current average of the S&P500 Index.
BESI is valuated quite expensively with a Price/Forward Earnings ratio of 40.45.
Based on the Price/Forward Earnings ratio, BESI is valued a bit more expensive than the industry average as 73.33% of the companies are valued more cheaply.
When comparing the Price/Forward Earnings ratio of BESI to the average of the S&P500 Index (32.73), we can say BESI is valued slightly more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 72.12 | ||
| Fwd PE | 40.45 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BESI indicates a rather expensive valuation: BESI more expensive than 81.67% of the companies listed in the same industry.
BESI's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 57.34 | ||
| EV/EBITDA | 52.49 |
4.3 Compensation for Growth
BESI has an outstanding profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as BESI's earnings are expected to grow with 28.32% in the coming years.
PEG (NY)N/A
PEG (5Y)4.3
EPS Next 2Y20.08%
EPS Next 3Y28.32%
5. Dividend
5.1 Amount
BESI has a Yearly Dividend Yield of 1.58%.
BESI's Dividend Yield is rather good when compared to the industry average which is at 1.31. BESI pays more dividend than 81.67% of the companies in the same industry.
Compared to the average S&P500 Dividend Yield of 2.37, BESI is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.58% |
5.2 History
The dividend of BESI has a limited annual growth rate of 5.49%.
Dividend Growth(5Y)5.49%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
BESI pays out 101.47% of its income as dividend. This is not a sustainable payout ratio.
The dividend of BESI is growing, but earnings are growing more, so the dividend growth is sustainable.
DP101.47%
EPS Next 2Y20.08%
EPS Next 3Y28.32%
AMS:BESI (11/7/2025, 7:00:00 PM)
134.15
-3.6 (-2.61%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners72.33%
Inst Owner ChangeN/A
Ins Owners1.84%
Ins Owner ChangeN/A
Market Cap10.89B
Revenue(TTM)578.39M
Net Income(TTM)169.85M
Analysts77.04
Price Target150.04 (11.84%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.58% |
Yearly Dividend2.19
Dividend Growth(5Y)5.49%
DP101.47%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-14.53%
Min EPS beat(2)-18.69%
Max EPS beat(2)-10.38%
EPS beat(4)2
Avg EPS beat(4)-0.47%
Min EPS beat(4)-18.69%
Max EPS beat(4)23.83%
EPS beat(8)5
Avg EPS beat(8)0.79%
EPS beat(12)9
Avg EPS beat(12)2.66%
EPS beat(16)9
Avg EPS beat(16)0.94%
Revenue beat(2)0
Avg Revenue beat(2)-7.62%
Min Revenue beat(2)-9.3%
Max Revenue beat(2)-5.94%
Revenue beat(4)0
Avg Revenue beat(4)-5.86%
Min Revenue beat(4)-9.3%
Max Revenue beat(4)-0.38%
Revenue beat(8)1
Avg Revenue beat(8)-3.51%
Revenue beat(12)3
Avg Revenue beat(12)-2.6%
Revenue beat(16)4
Avg Revenue beat(16)-2.64%
PT rev (1m)5.27%
PT rev (3m)9.25%
EPS NQ rev (1m)-7.01%
EPS NQ rev (3m)-11.63%
EPS NY rev (1m)0.64%
EPS NY rev (3m)-36.46%
Revenue NQ rev (1m)-1.72%
Revenue NQ rev (3m)-3.83%
Revenue NY rev (1m)-0.99%
Revenue NY rev (3m)-2.12%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 72.12 | ||
| Fwd PE | 40.45 | ||
| P/S | 18.08 | ||
| P/FCF | 57.34 | ||
| P/OCF | 52.71 | ||
| P/B | 30.49 | ||
| P/tB | 52.34 | ||
| EV/EBITDA | 52.49 |
EPS(TTM)1.86
EY1.39%
EPS(NY)3.32
Fwd EY2.47%
FCF(TTM)2.34
FCFY1.74%
OCF(TTM)2.54
OCFY1.9%
SpS7.42
BVpS4.4
TBVpS2.56
PEG (NY)N/A
PEG (5Y)4.3
Graham Number13.57
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.92% | ||
| ROE | 47.58% | ||
| ROCE | 20.38% | ||
| ROIC | 15.29% | ||
| ROICexc | 15.29% | ||
| ROICexgc | 18.23% | ||
| OM | 31.27% | ||
| PM (TTM) | 28.2% | ||
| GM | 63.9% | ||
| FCFM | 31.52% |
ROA(3y)18.56%
ROA(5y)18.98%
ROE(3y)38.87%
ROE(5y)39.57%
ROIC(3y)19.02%
ROIC(5y)19.17%
ROICexc(3y)50.78%
ROICexc(5y)56.53%
ROICexgc(3y)83.27%
ROICexgc(5y)93.76%
ROCE(3y)25.37%
ROCE(5y)25.56%
ROICexgc growth 3Y-21.99%
ROICexgc growth 5Y-0.91%
ROICexc growth 3Y-21.66%
ROICexc growth 5Y1.58%
OM growth 3Y-8.76%
OM growth 5Y4.43%
PM growth 3Y-7.37%
PM growth 5Y5.59%
GM growth 3Y3.01%
GM growth 5Y3.15%
F-Score5
Asset Turnover0.56
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.5 | ||
| Debt/FCF | 2.85 | ||
| Debt/EBITDA | 2.47 | ||
| Cap/Depr | 56.75% | ||
| Cap/Sales | 2.77% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 94.86% | ||
| Profit Quality | 111.78% | ||
| Current Ratio | 5.73 | ||
| Quick Ratio | 5.06 | ||
| Altman-Z | 11.38 |
F-Score5
WACC9.94%
ROIC/WACC1.54
Cap/Depr(3y)32.8%
Cap/Depr(5y)30.17%
Cap/Sales(3y)1.37%
Cap/Sales(5y)1.16%
Profit Quality(3y)109.31%
Profit Quality(5y)108.74%
High Growth Momentum
Growth
EPS 1Y (TTM)-16.96%
EPS 3Y-12.13%
EPS 5Y16.76%
EPS Q2Q%-45.76%
EPS Next Y-23.42%
EPS Next 2Y20.08%
EPS Next 3Y28.32%
EPS Next 5Y25.72%
Revenue 1Y (TTM)-5.75%
Revenue growth 3Y-6.76%
Revenue growth 5Y11.27%
Sales Q2Q%-15.23%
Revenue Next Year-3.49%
Revenue Next 2Y16.17%
Revenue Next 3Y20.36%
Revenue Next 5Y19.45%
EBIT growth 1Y-5.13%
EBIT growth 3Y-14.92%
EBIT growth 5Y16.2%
EBIT Next Year-3.96%
EBIT Next 3Y33.27%
EBIT Next 5Y27.98%
FCF growth 1Y-32.49%
FCF growth 3Y-11.48%
FCF growth 5Y9.96%
OCF growth 1Y-28.66%
OCF growth 3Y-10.22%
OCF growth 5Y10.86%
BE SEMICONDUCTOR INDUSTRIES / BESI.AS FAQ
Can you provide the ChartMill fundamental rating for BE SEMICONDUCTOR INDUSTRIES?
ChartMill assigns a fundamental rating of 6 / 10 to BESI.AS.
Can you provide the valuation status for BE SEMICONDUCTOR INDUSTRIES?
ChartMill assigns a valuation rating of 2 / 10 to BE SEMICONDUCTOR INDUSTRIES (BESI.AS). This can be considered as Overvalued.
How profitable is BE SEMICONDUCTOR INDUSTRIES (BESI.AS) stock?
BE SEMICONDUCTOR INDUSTRIES (BESI.AS) has a profitability rating of 8 / 10.
What is the valuation of BE SEMICONDUCTOR INDUSTRIES based on its PE and PB ratios?
The Price/Earnings (PE) ratio for BE SEMICONDUCTOR INDUSTRIES (BESI.AS) is 72.12 and the Price/Book (PB) ratio is 30.49.
Is the dividend of BE SEMICONDUCTOR INDUSTRIES sustainable?
The dividend rating of BE SEMICONDUCTOR INDUSTRIES (BESI.AS) is 4 / 10 and the dividend payout ratio is 101.47%.