ELMOS SEMICONDUCTOR SE (ELG.DE) Stock Fundamental Analysis
FRA:ELG - Deutsche Boerse Ag - DE0005677108 - Common Stock - Currency: EUR
ELG gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 58 industry peers in the Semiconductors & Semiconductor Equipment industry. ELG scores excellent on profitability, but there are some minor concerns on its financial health. ELG has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year ELG was profitable.
ELG had a positive operating cash flow in the past year.
Each year in the past 5 years ELG has been profitable.
ELG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
ELG has a Return On Assets of 12.43%. This is in the better half of the industry: ELG outperforms 63.79% of its industry peers.
Looking at the Return On Equity, with a value of 20.10%, ELG is in line with its industry, outperforming 58.62% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 16.40%, ELG is in the better half of the industry, outperforming 70.69% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for ELG is in line with the industry average of 16.14%.
The 3 year average ROIC (15.02%) for ELG is below the current ROIC(16.40%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.43% | ||
| ROE | 20.1% | ||
| ROIC | 16.4% |
ROA(3y)11.63%
ROA(5y)11.2%
ROE(3y)18.43%
ROE(5y)16.53%
ROIC(3y)15.02%
ROIC(5y)10.83%
1.3 Margins
ELG has a Profit Margin (17.25%) which is comparable to the rest of the industry.
ELG's Profit Margin has improved in the last couple of years.
With a decent Operating Margin value of 26.07%, ELG is doing good in the industry, outperforming 62.07% of the companies in the same industry.
ELG's Operating Margin has improved in the last couple of years.
ELG has a Gross Margin (46.63%) which is comparable to the rest of the industry.
In the last couple of years the Gross Margin of ELG has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26.07% | ||
| PM (TTM) | 17.25% | ||
| GM | 46.63% |
OM growth 3Y79.08%
OM growth 5Y7.27%
PM growth 3Y84.17%
PM growth 5Y4.31%
GM growth 3Y5.84%
GM growth 5Y1.01%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), ELG is creating some value.
The number of shares outstanding for ELG remains at a similar level compared to 1 year ago.
The number of shares outstanding for ELG has been reduced compared to 5 years ago.
ELG has a better debt/assets ratio than last year.
2.2 Solvency
ELG has an Altman-Z score of 4.83. This indicates that ELG is financially healthy and has little risk of bankruptcy at the moment.
With a Altman-Z score value of 4.83, ELG perfoms like the industry average, outperforming 55.17% of the companies in the same industry.
The Debt to FCF ratio of ELG is 3.12, which is a good value as it means it would take ELG, 3.12 years of fcf income to pay off all of its debts.
ELG has a Debt to FCF ratio (3.12) which is in line with its industry peers.
A Debt/Equity ratio of 0.19 indicates that ELG is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.19, ELG is in the better half of the industry, outperforming 63.79% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 3.12 | ||
| Altman-Z | 4.83 |
ROIC/WACC1.71
WACC9.62%
2.3 Liquidity
A Current Ratio of 2.31 indicates that ELG has no problem at all paying its short term obligations.
ELG has a Current ratio (2.31) which is in line with its industry peers.
ELG has a Quick Ratio of 1.25. This is a normal value and indicates that ELG is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.25, ELG is doing worse than 60.34% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.31 | ||
| Quick Ratio | 1.25 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 9.58% over the past year.
ELG shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 26.61% yearly.
Looking at the last year, ELG shows a quite strong growth in Revenue. The Revenue has grown by 8.82% in the last year.
ELG shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 17.76% yearly.
EPS 1Y (TTM)9.58%
EPS 3Y155.56%
EPS 5Y26.61%
EPS Q2Q%-8.59%
Revenue 1Y (TTM)8.82%
Revenue growth 3Y35.22%
Revenue growth 5Y17.76%
Sales Q2Q%3.36%
3.2 Future
The Earnings Per Share is expected to grow by 4.42% on average over the next years.
ELG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.17% yearly.
EPS Next Y-0.37%
EPS Next 2Y0.22%
EPS Next 3Y4.42%
EPS Next 5YN/A
Revenue Next Year1.85%
Revenue Next 2Y0.97%
Revenue Next 3Y3.43%
Revenue Next 5Y6.17%
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 decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 11.41, the valuation of ELG can be described as very reasonable.
84.48% of the companies in the same industry are more expensive than ELG, based on the Price/Earnings ratio.
ELG is valuated cheaply when we compare the Price/Earnings ratio to 29.35, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 11.96, the valuation of ELG can be described as very reasonable.
ELG's Price/Forward Earnings ratio is rather cheap when compared to the industry. ELG is cheaper than 89.66% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of ELG to the average of the S&P500 Index (22.10), we can say ELG is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.41 | ||
| Fwd PE | 11.96 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ELG is valued cheaply inside the industry as 81.03% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, ELG is valued a bit cheaper than the industry average as 63.79% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 36.82 | ||
| EV/EBITDA | 6.16 |
4.3 Compensation for Growth
The decent profitability rating of ELG may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.43
EPS Next 2Y0.22%
EPS Next 3Y4.42%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.21%, ELG has a reasonable but not impressive dividend return.
ELG's Dividend Yield is a higher than the industry average which is at 1.50.
Compared to an average S&P500 Dividend Yield of 2.33, ELG's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.21% |
5.2 History
On average, the dividend of ELG grows each year by 13.35%, which is quite nice.
Dividend Growth(5Y)13.35%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
ELG pays out 14.27% of its income as dividend. This is a sustainable payout ratio.
The dividend of ELG is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP14.27%
EPS Next 2Y0.22%
EPS Next 3Y4.42%
FRA:ELG (3/7/2025, 7:00:00 PM)
68.1
-2 (-2.85%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners18.14%
Inst Owner ChangeN/A
Ins Owners17.04%
Ins Owner ChangeN/A
Market Cap1.21B
Analysts78
Price Target90.61 (33.05%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.21% |
Yearly Dividend0.75
Dividend Growth(5Y)13.35%
DP14.27%
Div Incr Years3
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)7.46%
Min EPS beat(2)-0.32%
Max EPS beat(2)15.24%
EPS beat(4)3
Avg EPS beat(4)7.5%
Min EPS beat(4)-0.32%
Max EPS beat(4)15.24%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)1.54%
Min Revenue beat(2)1.51%
Max Revenue beat(2)1.57%
Revenue beat(4)4
Avg Revenue beat(4)1.11%
Min Revenue beat(4)0.01%
Max Revenue beat(4)1.57%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)1.14%
PT rev (3m)-0.19%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)-0.09%
EPS NY rev (3m)-1.76%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-0.07%
Revenue NY rev (3m)-0.89%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.41 | ||
| Fwd PE | 11.96 | ||
| P/S | 2.04 | ||
| P/FCF | 36.82 | ||
| P/OCF | 10.21 | ||
| P/B | 2.37 | ||
| P/tB | 2.69 | ||
| EV/EBITDA | 6.16 |
EPS(TTM)5.97
EY8.77%
EPS(NY)5.69
Fwd EY8.36%
FCF(TTM)1.85
FCFY2.72%
OCF(TTM)6.67
OCFY9.8%
SpS33.44
BVpS28.7
TBVpS25.3
PEG (NY)N/A
PEG (5Y)0.43
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.43% | ||
| ROE | 20.1% | ||
| ROCE | 24.83% | ||
| ROIC | 16.4% | ||
| ROICexc | 18.74% | ||
| ROICexgc | 21.07% | ||
| OM | 26.07% | ||
| PM (TTM) | 17.25% | ||
| GM | 46.63% | ||
| FCFM | 5.53% |
ROA(3y)11.63%
ROA(5y)11.2%
ROE(3y)18.43%
ROE(5y)16.53%
ROIC(3y)15.02%
ROIC(5y)10.83%
ROICexc(3y)17.12%
ROICexc(5y)12.69%
ROICexgc(3y)18.89%
ROICexgc(5y)14.06%
ROCE(3y)22.73%
ROCE(5y)16.4%
ROICexcg growth 3Y111.93%
ROICexcg growth 5Y13.36%
ROICexc growth 3Y112.59%
ROICexc growth 5Y13.92%
OM growth 3Y79.08%
OM growth 5Y7.27%
PM growth 3Y84.17%
PM growth 5Y4.31%
GM growth 3Y5.84%
GM growth 5Y1.01%
F-Score5
Asset Turnover0.72
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 3.12 | ||
| Debt/EBITDA | 0.5 | ||
| Cap/Depr | 199.71% | ||
| Cap/Sales | 14.42% | ||
| Interest Coverage | 52.35 | ||
| Cash Conversion | 59.93% | ||
| Profit Quality | 32.06% | ||
| Current Ratio | 2.31 | ||
| Quick Ratio | 1.25 | ||
| Altman-Z | 4.83 |
F-Score5
WACC9.62%
ROIC/WACC1.71
Cap/Depr(3y)237.65%
Cap/Depr(5y)186.68%
Cap/Sales(3y)20.73%
Cap/Sales(5y)18.01%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)9.58%
EPS 3Y155.56%
EPS 5Y26.61%
EPS Q2Q%-8.59%
EPS Next Y-0.37%
EPS Next 2Y0.22%
EPS Next 3Y4.42%
EPS Next 5YN/A
Revenue 1Y (TTM)8.82%
Revenue growth 3Y35.22%
Revenue growth 5Y17.76%
Sales Q2Q%3.36%
Revenue Next Year1.85%
Revenue Next 2Y0.97%
Revenue Next 3Y3.43%
Revenue Next 5Y6.17%
EBIT growth 1Y8.64%
EBIT growth 3Y142.16%
EBIT growth 5Y26.33%
EBIT Next Year28.37%
EBIT Next 3Y11.97%
EBIT Next 5Y11.76%
FCF growth 1Y212.79%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y28.43%
OCF growth 3Y55.54%
OCF growth 5Y16.23%