BE SEMICONDUCTOR INDUSTRIES (BSI.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:BSI - NL0012866412 - Common Stock
131.85 EUR
+0.95 (+0.73%)
We assign a fundamental rating of 5 out of 10 to BSI. BSI was compared to 57 industry peers in the Semiconductors & Semiconductor Equipment industry. While BSI has a great profitability rating, there are some minor concerns on its financial health. BSI 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 BSI was profitable.
In the past year BSI had a positive cash flow from operations.
BSI had positive earnings in each of the past 5 years.
In the past 5 years BSI always reported a positive cash flow from operatings.
1.2 Ratios
BSI has a better Return On Assets (13.86%) than 78.69% of its industry peers.
With an excellent Return On Equity value of 41.00%, BSI belongs to the best of the industry, outperforming 85.25% of the companies in the same industry.
The Return On Invested Capital of BSI (12.70%) is better than 65.57% of its industry peers.
BSI had an Average Return On Invested Capital over the past 3 years of 17.85%. This is above the industry average of 14.06%.
The last Return On Invested Capital (12.70%) for BSI is well below the 3 year average (17.85%), which needs to be investigated, but indicates that BSI had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.86% | ||
| ROE | 41% | ||
| ROIC | 12.7% |
ROA(3y)18.56%
ROA(5y)18.98%
ROE(3y)38.89%
ROE(5y)39.58%
ROIC(3y)17.85%
ROIC(5y)17.99%
1.3 Margins
BSI's Profit Margin of 25.59% is fine compared to the rest of the industry. BSI outperforms 72.13% of its industry peers.
BSI's Profit Margin has improved in the last couple of years.
BSI has a better Operating Margin (28.87%) than 67.21% of its industry peers.
In the last couple of years the Operating Margin of BSI has grown nicely.
The Gross Margin of BSI (63.31%) is better than 86.89% of its industry peers.
In the last couple of years the Gross Margin of BSI 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), BSI is creating some value.
Compared to 1 year ago, BSI has more shares outstanding
BSI has more shares outstanding than it did 5 years ago.
BSI has a worse debt/assets ratio than last year.
2.2 Solvency
The Debt to FCF ratio of BSI is 3.02, which is a good value as it means it would take BSI, 3.02 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of BSI (3.02) is comparable to the rest of the industry.
A Debt/Equity ratio of 1.49 is on the high side and indicates that BSI has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.49, BSI is doing worse than 95.08% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.49 | ||
| Debt/FCF | 3.02 | ||
| Altman-Z | N/A |
ROIC/WACC1.21
WACC10.45%
2.3 Liquidity
A Current Ratio of 5.77 indicates that BSI has no problem at all paying its short term obligations.
BSI has a Current ratio of 5.77. This is amongst the best in the industry. BSI outperforms 95.08% of its industry peers.
BSI has a Quick Ratio of 5.04. This indicates that BSI is financially healthy and has no problem in meeting its short term obligations.
BSI has a better Quick ratio (5.04) than 95.08% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.77 | ||
| Quick Ratio | 5.04 |
3. Growth
3.1 Past
BSI 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, BSI shows a decrease in Revenue. The Revenue has decreased by -5.75% in the last year.
BSI 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, BSI 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, BSI will show a quite strong growth in Revenue. The Revenue will grow by 19.45% on average per year.
EPS Next Y-26.09%
EPS Next 2Y19.97%
EPS Next 3Y28.99%
EPS Next 5Y25.72%
Revenue Next Year-4.4%
Revenue Next 2Y16.17%
Revenue Next 3Y20.76%
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
Based on the Price/Earnings ratio of 70.89, the valuation of BSI can be described as expensive.
Based on the Price/Earnings ratio, BSI is valued expensively inside the industry as 80.33% of the companies are valued cheaper.
BSI is valuated expensively when we compare the Price/Earnings ratio to 26.92, which is the current average of the S&P500 Index.
BSI is valuated quite expensively with a Price/Forward Earnings ratio of 39.83.
Based on the Price/Forward Earnings ratio, BSI is valued expensively inside the industry as 80.33% of the companies are valued cheaper.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.46, BSI is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 70.89 | ||
| Fwd PE | 39.83 |
4.2 Price Multiples
BSI's Enterprise Value to EBITDA ratio is rather expensive when compared to the industry. BSI is more expensive than 86.89% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of BSI is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 60.11 | ||
| EV/EBITDA | 56.69 |
4.3 Compensation for Growth
BSI has an outstanding profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as BSI's earnings are expected to grow with 28.99% in the coming years.
PEG (NY)N/A
PEG (5Y)4.23
EPS Next 2Y19.97%
EPS Next 3Y28.99%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.66%, BSI has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 0.81, BSI pays a better dividend. On top of this BSI pays more dividend than 85.25% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.00, BSI has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.66% |
5.2 History
The dividend of BSI has a limited annual growth rate of 5.60%.
Dividend Growth(5Y)5.6%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
116.89% of the earnings are spent on dividend by BSI. This is not a sustainable payout ratio.
The dividend of BSI is growing, but earnings are growing more, so the dividend growth is sustainable.
DP116.89%
EPS Next 2Y19.97%
EPS Next 3Y28.99%
FRA:BSI (12/23/2025, 7:00:00 PM)
131.85
+0.95 (+0.73%)
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 Cap10.70B
Revenue(TTM)578.39M
Net Income(TTM)148.00M
Analysts77.04
Price Target152.64 (15.77%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.66% |
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)0.46%
PT rev (3m)9.86%
EPS NQ rev (1m)-9.78%
EPS NQ rev (3m)-18.31%
EPS NY rev (1m)-3.48%
EPS NY rev (3m)-2.87%
Revenue NQ rev (1m)-3.54%
Revenue NQ rev (3m)-4.88%
Revenue NY rev (1m)-0.94%
Revenue NY rev (3m)-0.55%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 70.89 | ||
| Fwd PE | 39.83 | ||
| P/S | 18.5 | ||
| P/FCF | 60.11 | ||
| P/OCF | 55.15 | ||
| P/B | 29.64 | ||
| P/tB | 50.71 | ||
| EV/EBITDA | 56.69 |
EPS(TTM)1.86
EY1.41%
EPS(NY)3.31
Fwd EY2.51%
FCF(TTM)2.19
FCFY1.66%
OCF(TTM)2.39
OCFY1.81%
SpS7.13
BVpS4.45
TBVpS2.6
PEG (NY)N/A
PEG (5Y)4.23
Graham Number13.64
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.86% | ||
| ROE | 41% | ||
| ROCE | 18.03% | ||
| ROIC | 12.7% | ||
| ROICexc | 12.7% | ||
| ROICexgc | 15.15% | ||
| 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)17.85%
ROIC(5y)17.99%
ROICexc(3y)47.65%
ROICexc(5y)53.05%
ROICexgc(3y)78.13%
ROICexgc(5y)87.99%
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/WACC1.21
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-26.09%
EPS Next 2Y19.97%
EPS Next 3Y28.99%
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-4.4%
Revenue Next 2Y16.17%
Revenue Next 3Y20.76%
Revenue Next 5Y19.45%
EBIT growth 1Y-20.79%
EBIT growth 3Y-14.86%
EBIT growth 5Y16.25%
EBIT Next Year-3.51%
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 / BSI.DE FAQ
What is the fundamental rating for BSI stock?
ChartMill assigns a fundamental rating of 5 / 10 to BSI.DE.
What is the valuation status for BSI stock?
ChartMill assigns a valuation rating of 2 / 10 to BE SEMICONDUCTOR INDUSTRIES (BSI.DE). This can be considered as Overvalued.
Can you provide the profitability details for BE SEMICONDUCTOR INDUSTRIES?
BE SEMICONDUCTOR INDUSTRIES (BSI.DE) has a profitability rating of 8 / 10.
What is the earnings growth outlook for BE SEMICONDUCTOR INDUSTRIES?
The Earnings per Share (EPS) of BE SEMICONDUCTOR INDUSTRIES (BSI.DE) is expected to decline by -26.09% in the next year.
Is the dividend of BE SEMICONDUCTOR INDUSTRIES sustainable?
The dividend rating of BE SEMICONDUCTOR INDUSTRIES (BSI.DE) is 4 / 10 and the dividend payout ratio is 116.89%.