BE SEMICONDUCTOR INDUSTRIES (BESI.AS) Fundamental Analysis & Valuation
AMS:BESI • NL0012866412
Current stock price
This BESI.AS fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. BESI.AS Profitability Analysis
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.
- In the past 5 years BESI always reported a positive cash flow from operatings.
1.2 Ratios
- The Return On Assets of BESI (11.82%) is comparable to the rest of the industry.
- BESI's Return On Equity of 31.61% is fine compared to the rest of the industry. BESI outperforms 78.79% of its industry peers.
- The Return On Invested Capital of BESI (13.53%) is better than 65.15% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for BESI is in line with the industry average of 15.52%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.82% | ||
| ROE | 31.61% | ||
| ROIC | 13.53% |
1.3 Margins
- Looking at the Profit Margin, with a value of 22.26%, BESI is in the better half of the industry, outperforming 63.64% of the companies in the same industry.
- In the last couple of years the Profit Margin of BESI has declined.
- With a decent Operating Margin value of 29.27%, BESI is doing good in the industry, outperforming 68.18% of the companies in the same industry.
- BESI's Operating Margin has declined in the last couple of years.
- BESI has a better Gross Margin (63.29%) than 86.36% of its industry peers.
- In the last couple of years the Gross Margin of BESI has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 29.27% | ||
| PM (TTM) | 22.26% | ||
| GM | 63.29% |
2. BESI.AS Health Analysis
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so BESI is still creating some value.
- Compared to 1 year ago, BESI has about the same amount of shares outstanding.
- The number of shares outstanding for BESI has been increased compared to 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 18.86. This indicates that BESI is financially healthy and has little risk of bankruptcy at the moment.
- With a decent Altman-Z score value of 18.86, BESI is doing good in the industry, outperforming 77.27% of the companies in the same industry.
- The Debt to FCF ratio of BESI is 3.82, which is a good value as it means it would take BESI, 3.82 years of fcf income to pay off all of its debts.
- Looking at the Debt to FCF ratio, with a value of 3.82, BESI is in line with its industry, outperforming 42.42% of the companies in the same industry.
- A Debt/Equity ratio of 1.24 is on the high side and indicates that BESI has dependencies on debt financing.
- With a Debt to Equity ratio value of 1.24, BESI is not doing good in the industry: 93.94% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.24 | ||
| Debt/FCF | 3.82 | ||
| Altman-Z | 18.86 |
2.3 Liquidity
- BESI has a Current Ratio of 5.55. This indicates that BESI is financially healthy and has no problem in meeting its short term obligations.
- The Current ratio of BESI (5.55) is better than 89.39% of its industry peers.
- BESI has a Quick Ratio of 4.88. This indicates that BESI is financially healthy and has no problem in meeting its short term obligations.
- Looking at the Quick ratio, with a value of 4.88, BESI belongs to the top of the industry, outperforming 95.45% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.55 | ||
| Quick Ratio | 4.88 |
3. BESI.AS Growth Analysis
3.1 Past
- The earnings per share for BESI have decreased strongly by -15.49% in the last year.
- Measured over the past years, BESI shows a decrease in Earnings Per Share. The EPS has been decreasing by -0.12% on average per year.
- The Revenue has been growing slightly by 4.42% in the past year.
- The Revenue has been growing slightly by 6.40% on average over the past years.
3.2 Future
- BESI is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 41.91% yearly.
- Based on estimates for the next years, BESI will show a very strong growth in Revenue. The Revenue will grow by 25.03% on average per year.
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.
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. BESI.AS Valuation Analysis
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 129.42, BESI can be considered very expensive at the moment.
- Based on the Price/Earnings ratio, BESI is valued more expensive than 89.39% of the companies in the same industry.
- BESI is valuated expensively when we compare the Price/Earnings ratio to 26.54, which is the current average of the S&P500 Index.
- The Price/Forward Earnings ratio is 46.91, which means the current valuation is very expensive for BESI.
- Based on the Price/Forward Earnings ratio, BESI is valued a bit more expensive than the industry average as 66.67% of the companies are valued more cheaply.
- The average S&P500 Price/Forward Earnings ratio is at 21.68. BESI is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 129.42 | ||
| Fwd PE | 46.91 |
4.2 Price Multiples
- BESI's Enterprise Value to EBITDA ratio is rather expensive when compared to the industry. BESI is more expensive than 89.39% of the companies in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of BESI indicates a slightly more expensive valuation: BESI is more expensive than 72.73% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 147.12 | ||
| EV/EBITDA | 91.68 |
4.3 Compensation for Growth
- BESI's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- BESI has a very decent profitability rating, which may justify a higher PE ratio.
- BESI's earnings are expected to grow with 59.05% in the coming years. This may justify a more expensive valuation.
5. BESI.AS Dividend Analysis
5.1 Amount
- BESI has a yearly dividend return of 0.65%, which is pretty low.
- BESI's Dividend Yield is a higher than the industry average which is at 0.49.
- Compared to an average S&P500 Dividend Yield of 1.82, BESI's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.65% |
5.2 History
- The dividend of BESI is nicely growing with an annual growth rate of 16.56%!
5.3 Sustainability
- BESI pays out 131.27% of its income as dividend. This is not a sustainable payout ratio.
- BESI's earnings are growing more than its dividend. This makes the dividend growth sustainable.
BESI.AS Fundamentals: All Metrics, Ratios and Statistics
AMS:BESI (4/30/2026, 5:36:15 PM)
247.2
+7.8 (+3.26%)
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.65% |
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 129.42 | ||
| Fwd PE | 46.91 | ||
| P/S | 33.92 | ||
| P/FCF | 147.12 | ||
| P/OCF | 112.61 | ||
| P/B | 48.18 | ||
| P/tB | 75.13 | ||
| EV/EBITDA | 91.68 |
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.82% | ||
| ROE | 31.61% | ||
| ROCE | 18.04% | ||
| ROIC | 13.53% | ||
| ROICexc | 31.17% | ||
| ROICexgc | 48.6% | ||
| OM | 29.27% | ||
| PM (TTM) | 22.26% | ||
| GM | 63.29% | ||
| FCFM | 23.06% |
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.24 | ||
| Debt/FCF | 3.82 | ||
| Debt/EBITDA | 2.51 | ||
| Cap/Depr | 125.31% | ||
| Cap/Sales | 7.07% | ||
| Interest Coverage | 8.64 | ||
| Cash Conversion | 86.31% | ||
| Profit Quality | 103.58% | ||
| Current Ratio | 5.55 | ||
| Quick Ratio | 4.88 | ||
| Altman-Z | 18.86 |
BE SEMICONDUCTOR INDUSTRIES / BESI.AS Fundamental Analysis FAQ
Can you provide the ChartMill fundamental rating for BE SEMICONDUCTOR INDUSTRIES?
ChartMill assigns a fundamental rating of 5 / 10 to BESI.AS.
What is the valuation status for BESI stock?
ChartMill assigns a valuation rating of 2 / 10 to BE SEMICONDUCTOR INDUSTRIES (BESI.AS). This can be considered as Overvalued.
Can you provide the profitability details for BE SEMICONDUCTOR INDUSTRIES?
BE SEMICONDUCTOR INDUSTRIES (BESI.AS) has a profitability rating of 6 / 10.
Can you provide the PE and PB ratios for BESI stock?
The Price/Earnings (PE) ratio for BE SEMICONDUCTOR INDUSTRIES (BESI.AS) is 129.42 and the Price/Book (PB) ratio is 48.18.
What is the expected EPS growth for BE SEMICONDUCTOR INDUSTRIES (BESI.AS) stock?
The Earnings per Share (EPS) of BE SEMICONDUCTOR INDUSTRIES (BESI.AS) is expected to grow by 114.7% in the next year.