BE SEMICONDUCTOR INDUSTRIES (BSI.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:BSI - NL0012866412 - Common Stock
129.9 EUR
+1.4 (+1.09%)
BSI gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 60 industry peers in the Semiconductors & Semiconductor Equipment industry. While BSI belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. BSI is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
BSI had positive earnings in the past year.
BSI had a positive operating cash flow in the past year.
In the past 5 years BSI has always been profitable.
Each year in the past 5 years BSI had a positive operating cash flow.
1.2 Ratios
The Return On Assets of BSI (13.86%) is better than 80.00% of its industry peers.
BSI has a better Return On Equity (41.00%) than 88.33% of its industry peers.
Looking at the Return On Invested Capital, with a value of 12.70%, BSI is in the better half of the industry, outperforming 71.67% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for BSI is above the industry average of 15.39%.
The 3 year average ROIC (17.85%) for BSI is well above the current ROIC(12.70%). The reason for the recent decline needs to be investigated.
| 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
Looking at the Profit Margin, with a value of 25.59%, BSI belongs to the top of the industry, outperforming 81.67% of the companies in the same industry.
In the last couple of years the Profit Margin of BSI has grown nicely.
BSI's Operating Margin of 28.87% is fine compared to the rest of the industry. BSI outperforms 73.33% of its industry peers.
In the last couple of years the Operating Margin of BSI has grown nicely.
BSI has a better Gross Margin (63.31%) than 88.33% 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
BSI has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it 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.
Compared to 1 year ago, BSI has a worse debt to assets ratio.
2.2 Solvency
BSI has a debt to FCF ratio of 3.02. This is a good value and a sign of high solvency as BSI would need 3.02 years to pay back of all of its debts.
BSI has a Debt to FCF ratio (3.02) which is comparable to the rest of the industry.
BSI has a Debt/Equity ratio of 1.49. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 1.49, BSI is not doing good in the industry: 86.67% 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/WACC1.25
WACC10.14%
2.3 Liquidity
A Current Ratio of 5.77 indicates that BSI has no problem at all paying its short term obligations.
BSI's Current ratio of 5.77 is amongst the best of the industry. BSI outperforms 96.67% 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.
With an excellent Quick ratio value of 5.04, BSI belongs to the best of the industry, outperforming 96.67% of the companies in the same industry.
| 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.
Measured over the past years, BSI shows a quite strong growth in Revenue. The Revenue has been growing by 11.27% on average per year.
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
BSI is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 19.45% yearly.
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
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. Valuation
4.1 Price/Earnings Ratio
BSI is valuated quite expensively with a Price/Earnings ratio of 69.84.
73.33% of the companies in the same industry are cheaper than BSI, based on the Price/Earnings ratio.
BSI is valuated expensively when we compare the Price/Earnings ratio to 26.15, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 39.17 indicates a quite expensive valuation of BSI.
Based on the Price/Forward Earnings ratio, BSI is valued a bit more expensive than 68.33% of the companies in the same industry.
BSI is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 36.12, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 69.84 | ||
| Fwd PE | 39.17 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BSI indicates a slightly more expensive valuation: BSI is more expensive than 71.67% of the companies listed in the same industry.
The rest of the industry has a similar Price/Free Cash Flow ratio as BSI.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 59.22 | ||
| EV/EBITDA | 55.32 |
4.3 Compensation for Growth
BSI has an outstanding profitability rating, which may justify a higher PE ratio.
BSI's earnings are expected to grow with 28.32% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)4.17
EPS Next 2Y20.08%
EPS Next 3Y28.32%
5. Dividend
5.1 Amount
BSI has a Yearly Dividend Yield of 1.68%. Purely for dividend investing, there may be better candidates out there.
BSI's Dividend Yield is rather good when compared to the industry average which is at 1.14. BSI pays more dividend than 85.00% of the companies in the same industry.
BSI's Dividend Yield is slightly below the S&P500 average, which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.68% |
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.
BSI's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP116.89%
EPS Next 2Y20.08%
EPS Next 3Y28.32%
FRA:BSI (11/27/2025, 7:00:00 PM)
129.9
+1.4 (+1.09%)
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 Cap10.54B
Revenue(TTM)578.39M
Net Income(TTM)148.00M
Analysts77.04
Price Target151.93 (16.96%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.68% |
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)6.59%
PT rev (3m)10.11%
EPS NQ rev (1m)-9.46%
EPS NQ rev (3m)-12.37%
EPS NY rev (1m)0.64%
EPS NY rev (3m)-4.11%
Revenue NQ rev (1m)-1.39%
Revenue NQ rev (3m)-2.56%
Revenue NY rev (1m)-0.99%
Revenue NY rev (3m)-1.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 69.84 | ||
| Fwd PE | 39.17 | ||
| P/S | 18.23 | ||
| P/FCF | 59.22 | ||
| P/OCF | 54.34 | ||
| P/B | 29.2 | ||
| P/tB | 49.96 | ||
| EV/EBITDA | 55.32 |
EPS(TTM)1.86
EY1.43%
EPS(NY)3.32
Fwd EY2.55%
FCF(TTM)2.19
FCFY1.69%
OCF(TTM)2.39
OCFY1.84%
SpS7.13
BVpS4.45
TBVpS2.6
PEG (NY)N/A
PEG (5Y)4.17
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
WACC10.14%
ROIC/WACC1.25
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-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-20.79%
EBIT growth 3Y-14.86%
EBIT growth 5Y16.25%
EBIT Next Year-3.96%
EBIT Next 3Y33.27%
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 6 / 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 9 / 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 -23.42% 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%.