MELEXIS NV (MELE.BR) Stock Fundamental Analysis
Europe - Euronext Brussels - EBR:MELE - BE0165385973 - Common Stock
61.975 EUR
+1.48 (+2.44%)
Taking everything into account, MELE scores 6 out of 10 in our fundamental rating. MELE was compared to 62 industry peers in the Semiconductors & Semiconductor Equipment industry. While MELE belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. MELE has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year MELE was profitable.
In the past year MELE had a positive cash flow from operations.
Each year in the past 5 years MELE has been profitable.
Each year in the past 5 years MELE had a positive operating cash flow.
1.2 Ratios
MELE has a better Return On Assets (14.20%) than 80.65% of its industry peers.
MELE has a Return On Equity of 25.94%. This is in the better half of the industry: MELE outperforms 77.42% of its industry peers.
Looking at the Return On Invested Capital, with a value of 15.69%, MELE is in the better half of the industry, outperforming 77.42% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for MELE is significantly above the industry average of 14.81%.
The 3 year average ROIC (31.03%) for MELE is well above the current ROIC(15.69%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.2% | ||
| ROE | 25.94% | ||
| ROIC | 15.69% |
ROA(3y)25.78%
ROA(5y)24.35%
ROE(3y)36.37%
ROE(5y)32.97%
ROIC(3y)31.03%
ROIC(5y)28.48%
1.3 Margins
MELE's Profit Margin of 15.42% is fine compared to the rest of the industry. MELE outperforms 61.29% of its industry peers.
In the last couple of years the Profit Margin of MELE has grown nicely.
The Operating Margin of MELE (18.29%) is comparable to the rest of the industry.
MELE's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 40.24%, MELE perfoms like the industry average, outperforming 40.32% of the companies in the same industry.
MELE's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.29% | ||
| PM (TTM) | 15.42% | ||
| GM | 40.24% |
OM growth 3Y0.51%
OM growth 5Y8.98%
PM growth 3Y-3.36%
PM growth 5Y8.23%
GM growth 3Y0.09%
GM growth 5Y1.54%
2. Health
2.1 Basic Checks
MELE has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
MELE has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, MELE has more shares outstanding
The debt/assets ratio for MELE is higher compared to a year ago.
2.2 Solvency
MELE has an Altman-Z score of 6.38. This indicates that MELE is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of MELE (6.38) is comparable to the rest of the industry.
The Debt to FCF ratio of MELE is 3.48, which is a good value as it means it would take MELE, 3.48 years of fcf income to pay off all of its debts.
MELE's Debt to FCF ratio of 3.48 is in line compared to the rest of the industry. MELE outperforms 46.77% of its industry peers.
A Debt/Equity ratio of 0.62 indicates that MELE is somewhat dependend on debt financing.
MELE has a worse Debt to Equity ratio (0.62) than 75.81% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 3.48 | ||
| Altman-Z | 6.38 |
ROIC/WACC1.44
WACC10.91%
2.3 Liquidity
MELE has a Current Ratio of 5.59. This indicates that MELE is financially healthy and has no problem in meeting its short term obligations.
With an excellent Current ratio value of 5.59, MELE belongs to the best of the industry, outperforming 93.55% of the companies in the same industry.
MELE has a Quick Ratio of 2.71. This indicates that MELE is financially healthy and has no problem in meeting its short term obligations.
MELE's Quick ratio of 2.71 is amongst the best of the industry. MELE outperforms 83.87% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.59 | ||
| Quick Ratio | 2.71 |
3. Growth
3.1 Past
The earnings per share for MELE have decreased strongly by -46.51% in the last year.
The Earnings Per Share has been growing by 23.04% on average over the past years. This is a very strong growth
MELE shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -16.57%.
The Revenue has been growing by 13.89% on average over the past years. This is quite good.
EPS 1Y (TTM)-46.51%
EPS 3Y9.29%
EPS 5Y23.04%
EPS Q2Q%-46.03%
Revenue 1Y (TTM)-16.57%
Revenue growth 3Y13.16%
Revenue growth 5Y13.89%
Sales Q2Q%-13.14%
3.2 Future
Based on estimates for the next years, MELE will show a small growth in Earnings Per Share. The EPS will grow by 7.41% on average per year.
MELE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.53% yearly.
EPS Next Y-29.5%
EPS Next 2Y-6.32%
EPS Next 3Y2.1%
EPS Next 5Y7.41%
Revenue Next Year-10.45%
Revenue Next 2Y-0.74%
Revenue Next 3Y2.62%
Revenue Next 5Y5.53%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
A Price/Earnings ratio of 23.13 indicates a rather expensive valuation of MELE.
Based on the Price/Earnings ratio, MELE is valued cheaper than 80.65% of the companies in the same industry.
MELE is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.41, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 16.69 indicates a correct valuation of MELE.
MELE's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. MELE is cheaper than 79.03% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 35.40. MELE is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.13 | ||
| Fwd PE | 16.69 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MELE is valued a bit cheaper than 75.81% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, MELE is valued cheaper than 85.48% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.09 | ||
| EV/EBITDA | 13.18 |
4.3 Compensation for Growth
MELE has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1
EPS Next 2Y-6.32%
EPS Next 3Y2.1%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.49%, MELE has a reasonable but not impressive dividend return.
MELE's Dividend Yield is rather good when compared to the industry average which is at 1.14. MELE pays more dividend than 95.16% of the companies in the same industry.
MELE's Dividend Yield is comparable with the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.49% |
5.2 History
On average, the dividend of MELE grows each year by 10.98%, which is quite nice.
Dividend Growth(5Y)10.98%
Div Incr Years3
Div Non Decr Years6
5.3 Sustainability
112.64% of the earnings are spent on dividend by MELE. This is not a sustainable payout ratio.
The dividend of MELE is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP112.64%
EPS Next 2Y-6.32%
EPS Next 3Y2.1%
EBR:MELE (12/5/2025, 5:29:47 PM)
61.975
+1.48 (+2.44%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners16.58%
Inst Owner ChangeN/A
Ins Owners25%
Ins Owner ChangeN/A
Market Cap2.50B
Revenue(TTM)822.53M
Net Income(TTM)131.83M
Analysts76.67
Price Target75.74 (22.21%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.49% |
Yearly Dividend3.7
Dividend Growth(5Y)10.98%
DP112.64%
Div Incr Years3
Div Non Decr Years6
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)19.96%
Min EPS beat(2)-2.47%
Max EPS beat(2)42.38%
EPS beat(4)1
Avg EPS beat(4)-0.06%
Min EPS beat(4)-38.45%
Max EPS beat(4)42.38%
EPS beat(8)3
Avg EPS beat(8)-0.67%
EPS beat(12)6
Avg EPS beat(12)0.27%
EPS beat(16)10
Avg EPS beat(16)4.23%
Revenue beat(2)1
Avg Revenue beat(2)0.71%
Min Revenue beat(2)-1.87%
Max Revenue beat(2)3.28%
Revenue beat(4)1
Avg Revenue beat(4)-1.66%
Min Revenue beat(4)-5.22%
Max Revenue beat(4)3.28%
Revenue beat(8)1
Avg Revenue beat(8)-1.74%
Revenue beat(12)3
Avg Revenue beat(12)-1.22%
Revenue beat(16)6
Avg Revenue beat(16)-0.6%
PT rev (1m)-2.07%
PT rev (3m)-1.3%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-5.48%
EPS NY rev (1m)-0.32%
EPS NY rev (3m)-0.96%
Revenue NQ rev (1m)0.44%
Revenue NQ rev (3m)0.98%
Revenue NY rev (1m)0.05%
Revenue NY rev (3m)0.34%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.13 | ||
| Fwd PE | 16.69 | ||
| P/S | 2.93 | ||
| P/FCF | 27.09 | ||
| P/OCF | 18.99 | ||
| P/B | 4.93 | ||
| P/tB | 4.94 | ||
| EV/EBITDA | 13.18 |
EPS(TTM)2.68
EY4.32%
EPS(NY)3.71
Fwd EY5.99%
FCF(TTM)2.29
FCFY3.69%
OCF(TTM)3.26
OCFY5.27%
SpS21.17
BVpS12.58
TBVpS12.55
PEG (NY)N/A
PEG (5Y)1
Graham Number27.54
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.2% | ||
| ROE | 25.94% | ||
| ROCE | 18.88% | ||
| ROIC | 15.69% | ||
| ROICexc | 16.36% | ||
| ROICexgc | 16.39% | ||
| OM | 18.29% | ||
| PM (TTM) | 15.42% | ||
| GM | 40.24% | ||
| FCFM | 10.81% |
ROA(3y)25.78%
ROA(5y)24.35%
ROE(3y)36.37%
ROE(5y)32.97%
ROIC(3y)31.03%
ROIC(5y)28.48%
ROICexc(3y)38.83%
ROICexc(5y)36.08%
ROICexgc(3y)39.06%
ROICexgc(5y)36.42%
ROCE(3y)37.33%
ROCE(5y)34.27%
ROICexgc growth 3Y-14.81%
ROICexgc growth 5Y1.87%
ROICexc growth 3Y-14.47%
ROICexc growth 5Y2.21%
OM growth 3Y0.51%
OM growth 5Y8.98%
PM growth 3Y-3.36%
PM growth 5Y8.23%
GM growth 3Y0.09%
GM growth 5Y1.54%
F-Score4
Asset Turnover0.92
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 3.48 | ||
| Debt/EBITDA | 1.52 | ||
| Cap/Depr | 77.5% | ||
| Cap/Sales | 4.61% | ||
| Interest Coverage | 14.77 | ||
| Cash Conversion | 63.61% | ||
| Profit Quality | 70.12% | ||
| Current Ratio | 5.59 | ||
| Quick Ratio | 2.71 | ||
| Altman-Z | 6.38 |
F-Score4
WACC10.91%
ROIC/WACC1.44
Cap/Depr(3y)136.47%
Cap/Depr(5y)110.04%
Cap/Sales(3y)6.76%
Cap/Sales(5y)6.25%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-46.51%
EPS 3Y9.29%
EPS 5Y23.04%
EPS Q2Q%-46.03%
EPS Next Y-29.5%
EPS Next 2Y-6.32%
EPS Next 3Y2.1%
EPS Next 5Y7.41%
Revenue 1Y (TTM)-16.57%
Revenue growth 3Y13.16%
Revenue growth 5Y13.89%
Sales Q2Q%-13.14%
Revenue Next Year-10.45%
Revenue Next 2Y-0.74%
Revenue Next 3Y2.62%
Revenue Next 5Y5.53%
EBIT growth 1Y-40.01%
EBIT growth 3Y13.74%
EBIT growth 5Y24.11%
EBIT Next Year-17.12%
EBIT Next 3Y7.11%
EBIT Next 5Y7.46%
FCF growth 1Y533.33%
FCF growth 3Y6.64%
FCF growth 5Y13.04%
OCF growth 1Y213.78%
OCF growth 3Y7.8%
OCF growth 5Y13.55%
MELEXIS NV / MELE.BR FAQ
What is the ChartMill fundamental rating of MELEXIS NV (MELE.BR) stock?
ChartMill assigns a fundamental rating of 6 / 10 to MELE.BR.
What is the valuation status for MELE stock?
ChartMill assigns a valuation rating of 6 / 10 to MELEXIS NV (MELE.BR). This can be considered as Fairly Valued.
How profitable is MELEXIS NV (MELE.BR) stock?
MELEXIS NV (MELE.BR) has a profitability rating of 8 / 10.
What is the financial health of MELEXIS NV (MELE.BR) stock?
The financial health rating of MELEXIS NV (MELE.BR) is 6 / 10.
Can you provide the dividend sustainability for MELE stock?
The dividend rating of MELEXIS NV (MELE.BR) is 4 / 10 and the dividend payout ratio is 112.64%.