BE SEMICONDUCTOR INDUSTRIES (BSI.DE) Stock Fundamental Analysis
FRA:BSI - Deutsche Boerse Ag - NL0012866412 - Common Stock - Currency: EUR
Overall BSI gets a fundamental rating of 7 out of 10. We evaluated BSI against 53 industry peers in the Semiconductors & Semiconductor Equipment industry. BSI scores excellent on profitability, but there are some minor concerns on its financial health. BSI shows excellent growth, but is valued quite expensive already. With these ratings, BSI could be worth investigating further for growth investing!.
1. Profitability
1.1 Basic Checks
In the past year BSI was profitable.
BSI had a positive operating cash flow in the past year.
BSI had positive earnings in each of the past 5 years.
Each year in the past 5 years BSI had a positive operating cash flow.
1.2 Ratios
BSI's Return On Assets of 14.74% is fine compared to the rest of the industry. BSI outperforms 71.70% of its industry peers.
With an excellent Return On Equity value of 36.31%, BSI belongs to the best of the industry, outperforming 81.13% of the companies in the same industry.
The Return On Invested Capital of BSI (12.89%) is better than 62.26% of its industry peers.
The Average Return On Invested Capital over the past 3 years for BSI is above the industry average of 15.50%.
The 3 year average ROIC (17.85%) for BSI is well above the current ROIC(12.89%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.74% | ||
| ROE | 36.31% | ||
| ROIC | 12.89% |
ROA(3y)18.56%
ROA(5y)18.98%
ROE(3y)38.87%
ROE(5y)39.57%
ROIC(3y)17.85%
ROIC(5y)17.99%
1.3 Margins
With an excellent Profit Margin value of 29.96%, BSI belongs to the best of the industry, outperforming 92.45% of the companies in the same industry.
In the last couple of years the Profit Margin of BSI has grown nicely.
Looking at the Operating Margin, with a value of 32.20%, BSI belongs to the top of the industry, outperforming 86.79% of the companies in the same industry.
BSI's Operating Margin has improved in the last couple of years.
With an excellent Gross Margin value of 65.18%, BSI belongs to the best of the industry, outperforming 92.45% of the companies in the same industry.
In the last couple of years the Gross Margin of BSI has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 32.2% | ||
| PM (TTM) | 29.96% | ||
| GM | 65.18% |
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so BSI is still creating some value.
Compared to 1 year ago, BSI has more shares outstanding
Compared to 5 years ago, BSI has more shares outstanding
BSI has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 8.37 indicates that BSI is not in any danger for bankruptcy at the moment.
The Altman-Z score of BSI (8.37) is better than 83.02% of its industry peers.
The Debt to FCF ratio of BSI is 2.88, which is a good value as it means it would take BSI, 2.88 years of fcf income to pay off all of its debts.
BSI has a better Debt to FCF ratio (2.88) than 60.38% of its industry peers.
BSI has a Debt/Equity ratio of 1.07. This is a high value indicating a heavy dependency on external financing.
BSI has a worse Debt to Equity ratio (1.07) than 88.68% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.07 | ||
| Debt/FCF | 2.88 | ||
| Altman-Z | 8.37 |
ROIC/WACC1.26
WACC10.27%
2.3 Liquidity
BSI has a Current Ratio of 5.98. This indicates that BSI is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of BSI (5.98) is better than 96.23% of its industry peers.
A Quick Ratio of 5.36 indicates that BSI has no problem at all paying its short term obligations.
The Quick ratio of BSI (5.36) is better than 96.23% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.98 | ||
| Quick Ratio | 5.36 |
3. Growth
3.1 Past
BSI shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 3.14%.
BSI shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 16.76% yearly.
The Revenue has been growing slightly by 4.94% in the past year.
The Revenue has been growing by 11.27% on average over the past years. This is quite good.
EPS 1Y (TTM)3.14%
EPS 3Y-12.13%
EPS 5Y16.76%
EPS Q2Q%8.82%
Revenue 1Y (TTM)4.94%
Revenue growth 3Y-6.76%
Revenue growth 5Y11.27%
Sales Q2Q%-3.9%
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 25.05% on average per year.
The Revenue is expected to grow by 21.18% on average over the next years. This is a very strong growth
EPS Next Y20.53%
EPS Next 2Y38%
EPS Next 3Y32.81%
EPS Next 5Y25.05%
Revenue Next Year20.22%
Revenue Next 2Y27.88%
Revenue Next 3Y24.87%
Revenue Next 5Y21.18%
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 40.83, the valuation of BSI can be described as expensive.
BSI's Price/Earnings ratio is rather expensive when compared to the industry. BSI is more expensive than 83.02% of the companies in the same industry.
BSI is valuated rather expensively when we compare the Price/Earnings ratio to 28.33, which is the current average of the S&P500 Index.
BSI is valuated quite expensively with a Price/Forward Earnings ratio of 33.88.
79.25% of the companies in the same industry are cheaper than BSI, based on the Price/Forward Earnings ratio.
BSI's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 21.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 40.83 | ||
| Fwd PE | 33.88 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BSI indicates a rather expensive valuation: BSI more expensive than 86.79% of the companies listed in the same industry.
BSI's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 40.32 | ||
| EV/EBITDA | 30.69 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
BSI has an outstanding profitability rating, which may justify a higher PE ratio.
BSI's earnings are expected to grow with 32.80% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.99
PEG (5Y)2.44
EPS Next 2Y38%
EPS Next 3Y32.81%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.32%, BSI has a reasonable but not impressive dividend return.
The stock price of BSI dropped by -36.13% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
Compared to an average industry Dividend Yield of 1.76, BSI pays a better dividend. On top of this BSI pays more dividend than 83.02% of the companies listed in the same industry.
BSI's Dividend Yield is comparable with the S&P500 average which is at 2.51.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.32% |
5.2 History
The dividend of BSI has a limited annual growth rate of 5.49%.
Dividend Growth(5Y)5.49%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
94.25% 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.
DP94.25%
EPS Next 2Y38%
EPS Next 3Y32.81%
FRA:BSI (4/17/2025, 7:00:00 PM)
93.92
-0.36 (-0.38%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners71.84%
Inst Owner ChangeN/A
Ins Owners1.66%
Ins Owner ChangeN/A
Market Cap7.62B
Analysts75.56
Price Target144.36 (53.71%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.32% |
Yearly Dividend2.19
Dividend Growth(5Y)5.49%
DP94.25%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)13.6%
Min EPS beat(2)3.37%
Max EPS beat(2)23.83%
EPS beat(4)3
Avg EPS beat(4)4.05%
Min EPS beat(4)-11.94%
Max EPS beat(4)23.83%
EPS beat(8)7
Avg EPS beat(8)6.87%
EPS beat(12)9
Avg EPS beat(12)4%
EPS beat(16)10
Avg EPS beat(16)3.41%
Revenue beat(2)0
Avg Revenue beat(2)-4.11%
Min Revenue beat(2)-7.83%
Max Revenue beat(2)-0.38%
Revenue beat(4)0
Avg Revenue beat(4)-3.85%
Min Revenue beat(4)-7.83%
Max Revenue beat(4)-0.38%
Revenue beat(8)2
Avg Revenue beat(8)-1.91%
Revenue beat(12)4
Avg Revenue beat(12)-1.74%
Revenue beat(16)5
Avg Revenue beat(16)-1.53%
PT rev (1m)-0.62%
PT rev (3m)4.85%
EPS NQ rev (1m)-6.35%
EPS NQ rev (3m)-30.04%
EPS NY rev (1m)-20.28%
EPS NY rev (3m)-25.56%
Revenue NQ rev (1m)-2.69%
Revenue NQ rev (3m)-10.12%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-13.95%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 40.83 | ||
| Fwd PE | 33.88 | ||
| P/S | 12.55 | ||
| P/FCF | 40.32 | ||
| P/OCF | 37.9 | ||
| P/B | 15.2 | ||
| P/tB | 21.26 | ||
| EV/EBITDA | 30.69 |
EPS(TTM)2.3
EY2.45%
EPS(NY)2.77
Fwd EY2.95%
FCF(TTM)2.33
FCFY2.48%
OCF(TTM)2.48
OCFY2.64%
SpS7.49
BVpS6.18
TBVpS4.42
PEG (NY)1.99
PEG (5Y)2.44
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.74% | ||
| ROE | 36.31% | ||
| ROCE | 18.32% | ||
| ROIC | 12.89% | ||
| ROICexc | 34.78% | ||
| ROICexgc | 54.37% | ||
| OM | 32.2% | ||
| PM (TTM) | 29.96% | ||
| GM | 65.18% | ||
| FCFM | 31.12% |
ROA(3y)18.56%
ROA(5y)18.98%
ROE(3y)38.87%
ROE(5y)39.57%
ROIC(3y)17.85%
ROIC(5y)17.99%
ROICexc(3y)47.67%
ROICexc(5y)53.06%
ROICexgc(3y)78.17%
ROICexgc(5y)88.01%
ROCE(3y)25.37%
ROCE(5y)25.56%
ROICexcg growth 3Y-21.99%
ROICexcg 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-Score6
Asset Turnover0.49
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.07 | ||
| Debt/FCF | 2.88 | ||
| Debt/EBITDA | 2.4 | ||
| Cap/Depr | 42.09% | ||
| Cap/Sales | 1.98% | ||
| Interest Coverage | 45.9 | ||
| Cash Conversion | 89.69% | ||
| Profit Quality | 103.88% | ||
| Current Ratio | 5.98 | ||
| Quick Ratio | 5.36 | ||
| Altman-Z | 8.37 |
F-Score6
WACC10.27%
ROIC/WACC1.26
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)3.14%
EPS 3Y-12.13%
EPS 5Y16.76%
EPS Q2Q%8.82%
EPS Next Y20.53%
EPS Next 2Y38%
EPS Next 3Y32.81%
EPS Next 5Y25.05%
Revenue 1Y (TTM)4.94%
Revenue growth 3Y-6.76%
Revenue growth 5Y11.27%
Sales Q2Q%-3.9%
Revenue Next Year20.22%
Revenue Next 2Y27.88%
Revenue Next 3Y24.87%
Revenue Next 5Y21.18%
EBIT growth 1Y-8.34%
EBIT growth 3Y-14.92%
EBIT growth 5Y16.2%
EBIT Next Year44.41%
EBIT Next 3Y39.28%
EBIT Next 5Y28.1%
FCF growth 1Y-6.26%
FCF growth 3Y-11.48%
FCF growth 5Y9.96%
OCF growth 1Y-3.59%
OCF growth 3Y-10.22%
OCF growth 5Y10.86%