BE SEMICONDUCTOR INDUSTRIES (BESI.AS) Stock Fundamental Analysis
Europe - Euronext Amsterdam - AMS:BESI - NL0012866412 - Common Stock
130.75 EUR
-0.7 (-0.53%)
Overall BESI gets a fundamental rating of 6 out of 10. We evaluated BESI against 64 industry peers in the Semiconductors & Semiconductor Equipment industry. While BESI belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. While showing a medium growth rate, BESI is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year BESI was profitable.
In the past year BESI had a positive cash flow from operations.
In the past 5 years BESI has always been profitable.
BESI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 13.86%, BESI is doing good in the industry, outperforming 78.46% of the companies in the same industry.
BESI's Return On Equity of 41.00% is amongst the best of the industry. BESI outperforms 86.15% of its industry peers.
BESI has a Return On Invested Capital of 13.53%. This is in the better half of the industry: BESI outperforms 72.31% of its industry peers.
The Average Return On Invested Capital over the past 3 years for BESI is above the industry average of 14.14%.
The 3 year average ROIC (19.01%) for BESI is well above the current ROIC(13.53%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.86% | ||
| ROE | 41% | ||
| ROIC | 13.53% |
ROA(3y)18.56%
ROA(5y)18.98%
ROE(3y)38.89%
ROE(5y)39.58%
ROIC(3y)19.01%
ROIC(5y)19.16%
1.3 Margins
Looking at the Profit Margin, with a value of 25.59%, BESI is in the better half of the industry, outperforming 75.38% of the companies in the same industry.
In the last couple of years the Profit Margin of BESI has grown nicely.
The Operating Margin of BESI (28.87%) is better than 73.85% of its industry peers.
In the last couple of years the Operating Margin of BESI has grown nicely.
BESI's Gross Margin of 63.31% is amongst the best of the industry. BESI outperforms 86.15% of its industry peers.
In the last couple of years the Gross Margin of BESI has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 28.87% | ||
| PM (TTM) | 25.59% | ||
| GM | 63.31% |
OM growth 3Y-8.69%
OM growth 5Y4.47%
PM growth 3Y-7.37%
PM growth 5Y5.59%
GM growth 3Y3.01%
GM growth 5Y3.15%
2. Health
2.1 Basic Checks
BESI has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
Compared to 1 year ago, BESI has more shares outstanding
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
The Debt to FCF ratio of BESI is 3.02, which is a good value as it means it would take BESI, 3.02 years of fcf income to pay off all of its debts.
BESI has a Debt to FCF ratio (3.02) which is comparable to the rest of the industry.
A Debt/Equity ratio of 1.49 is on the high side and indicates that BESI has dependencies on debt financing.
With a Debt to Equity ratio value of 1.49, BESI is not doing good in the industry: 93.85% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.49 | ||
| Debt/FCF | 3.02 | ||
| Altman-Z | N/A |
ROIC/WACC1.29
WACC10.45%
2.3 Liquidity
A Current Ratio of 5.77 indicates that BESI has no problem at all paying its short term obligations.
BESI's Current ratio of 5.77 is amongst the best of the industry. BESI outperforms 95.38% of its industry peers.
A Quick Ratio of 5.04 indicates that BESI has no problem at all paying its short term obligations.
Looking at the Quick ratio, with a value of 5.04, BESI belongs to the top of the industry, outperforming 95.38% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.77 | ||
| Quick Ratio | 5.04 |
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%.
BESI shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 16.76% yearly.
BESI shows a decrease in Revenue. In the last year, the revenue decreased by -5.75%.
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
Based on estimates for the next years, BESI will show a very strong growth in Earnings Per Share. The EPS will grow by 25.72% on average per year.
Based on estimates for the next years, BESI will show a quite strong growth in Revenue. The Revenue will grow by 19.45% on average per year.
EPS Next Y-24.14%
EPS Next 2Y20.06%
EPS Next 3Y28.95%
EPS Next 5Y25.72%
Revenue Next Year-3.71%
Revenue Next 2Y16.18%
Revenue Next 3Y20.72%
Revenue Next 5Y19.45%
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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 70.30, BESI can be considered very expensive at the moment.
80.00% of the companies in the same industry are cheaper than BESI, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 26.38, BESI is valued quite expensively.
Based on the Price/Forward Earnings ratio of 39.44, the valuation of BESI can be described as expensive.
Based on the Price/Forward Earnings ratio, BESI is valued more expensive than 80.00% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of BESI to the average of the S&P500 Index (23.83), we can say BESI is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 70.3 | ||
| Fwd PE | 39.44 |
4.2 Price Multiples
BESI's Enterprise Value to EBITDA ratio is rather expensive when compared to the industry. BESI is more expensive than 86.15% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of BESI is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 59.61 | ||
| EV/EBITDA | 56.53 |
4.3 Compensation for Growth
BESI has an outstanding profitability rating, which may justify a higher PE ratio.
BESI's earnings are expected to grow with 28.95% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)4.19
EPS Next 2Y20.06%
EPS Next 3Y28.95%
5. Dividend
5.1 Amount
BESI has a Yearly Dividend Yield of 1.59%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 0.77, BESI pays a bit more dividend than its industry peers.
BESI's Dividend Yield is comparable with the S&P500 average which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.59% |
5.2 History
The dividend of BESI has a limited annual growth rate of 5.60%.
Dividend Growth(5Y)5.6%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
BESI pays out 116.89% 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.
DP116.89%
EPS Next 2Y20.06%
EPS Next 3Y28.95%
AMS:BESI (12/19/2025, 7:00:00 PM)
130.75
-0.7 (-0.53%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners72.8%
Inst Owner ChangeN/A
Ins Owners1.84%
Ins Owner ChangeN/A
Market Cap10.61B
Revenue(TTM)578.39M
Net Income(TTM)148.00M
Analysts77.04
Price Target152.29 (16.47%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.59% |
Yearly Dividend2.21
Dividend Growth(5Y)5.6%
DP116.89%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-13.51%
Min EPS beat(2)-18.69%
Max EPS beat(2)-8.32%
EPS beat(4)1
Avg EPS beat(4)-3.39%
Min EPS beat(4)-18.69%
Max EPS beat(4)23.83%
EPS beat(8)4
Avg EPS beat(8)-1.18%
EPS beat(12)8
Avg EPS beat(12)1.76%
EPS beat(16)9
Avg EPS beat(16)0.52%
Revenue beat(2)0
Avg Revenue beat(2)-5.72%
Min Revenue beat(2)-5.94%
Max Revenue beat(2)-5.51%
Revenue beat(4)0
Avg Revenue beat(4)-7.15%
Min Revenue beat(4)-9.3%
Max Revenue beat(4)-5.51%
Revenue beat(8)1
Avg Revenue beat(8)-3.89%
Revenue beat(12)3
Avg Revenue beat(12)-2.91%
Revenue beat(16)4
Avg Revenue beat(16)-2.89%
PT rev (1m)1.5%
PT rev (3m)9.61%
EPS NQ rev (1m)-3.2%
EPS NQ rev (3m)-10.64%
EPS NY rev (1m)-0.95%
EPS NY rev (3m)-5.02%
Revenue NQ rev (1m)-1.06%
Revenue NQ rev (3m)-1.39%
Revenue NY rev (1m)-0.23%
Revenue NY rev (3m)0.17%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 70.3 | ||
| Fwd PE | 39.44 | ||
| P/S | 18.34 | ||
| P/FCF | 59.61 | ||
| P/OCF | 54.69 | ||
| P/B | 29.39 | ||
| P/tB | 50.29 | ||
| EV/EBITDA | 56.53 |
EPS(TTM)1.86
EY1.42%
EPS(NY)3.32
Fwd EY2.54%
FCF(TTM)2.19
FCFY1.68%
OCF(TTM)2.39
OCFY1.83%
SpS7.13
BVpS4.45
TBVpS2.6
PEG (NY)N/A
PEG (5Y)4.19
Graham Number13.64
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.86% | ||
| ROE | 41% | ||
| ROCE | 18.03% | ||
| ROIC | 13.53% | ||
| ROICexc | 13.53% | ||
| ROICexgc | 16.14% | ||
| OM | 28.87% | ||
| PM (TTM) | 25.59% | ||
| GM | 63.31% | ||
| FCFM | 30.78% |
ROA(3y)18.56%
ROA(5y)18.98%
ROE(3y)38.89%
ROE(5y)39.58%
ROIC(3y)19.01%
ROIC(5y)19.16%
ROICexc(3y)50.76%
ROICexc(5y)56.52%
ROICexgc(3y)83.24%
ROICexgc(5y)93.74%
ROCE(3y)25.36%
ROCE(5y)25.55%
ROICexgc growth 3Y-21.85%
ROICexgc growth 5Y-0.8%
ROICexc growth 3Y-21.57%
ROICexc growth 5Y1.64%
OM growth 3Y-8.69%
OM growth 5Y4.47%
PM growth 3Y-7.37%
PM growth 5Y5.59%
GM growth 3Y3.01%
GM growth 5Y3.15%
F-Score5
Asset Turnover0.54
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.49 | ||
| Debt/FCF | 3.02 | ||
| Debt/EBITDA | 2.71 | ||
| Cap/Depr | 51.23% | ||
| Cap/Sales | 2.77% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 97.87% | ||
| Profit Quality | 120.27% | ||
| Current Ratio | 5.77 | ||
| Quick Ratio | 5.04 | ||
| Altman-Z | N/A |
F-Score5
WACC10.45%
ROIC/WACC1.29
Cap/Depr(3y)32.86%
Cap/Depr(5y)30.21%
Cap/Sales(3y)1.37%
Cap/Sales(5y)1.16%
Profit Quality(3y)109.4%
Profit Quality(5y)108.79%
High Growth Momentum
Growth
EPS 1Y (TTM)-16.96%
EPS 3Y-12.13%
EPS 5Y16.76%
EPS Q2Q%-45.76%
EPS Next Y-24.14%
EPS Next 2Y20.06%
EPS Next 3Y28.95%
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-3.71%
Revenue Next 2Y16.18%
Revenue Next 3Y20.72%
Revenue Next 5Y19.45%
EBIT growth 1Y-20.79%
EBIT growth 3Y-14.86%
EBIT growth 5Y16.25%
EBIT Next Year-1.95%
EBIT Next 3Y34.14%
EBIT Next 5Y27.98%
FCF growth 1Y-24.03%
FCF growth 3Y-11.48%
FCF growth 5Y9.95%
OCF growth 1Y-19.8%
OCF growth 3Y-10.23%
OCF growth 5Y10.85%
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 70.3 and the Price/Book (PB) ratio is 29.39.
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 116.89%.