MELEXIS NV (MELE.BR) Stock Fundamental Analysis
Europe - Euronext Brussels - EBR:MELE - BE0165385973 - Common Stock
57.5 EUR
+0.2 (+0.35%)
We assign a fundamental rating of 6 out of 10 to MELE. MELE was compared to 57 industry peers in the Semiconductors & Semiconductor Equipment industry. MELE scores excellent on profitability, but there are some minor concerns on its financial health. MELE is not valued too expensively and it also shows a decent 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.
MELE had positive earnings in each of the past 5 years.
MELE had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
MELE has a better Return On Assets (14.20%) than 82.46% of its industry peers.
MELE's Return On Equity of 25.94% is fine compared to the rest of the industry. MELE outperforms 75.44% of its industry peers.
With a decent Return On Invested Capital value of 15.69%, MELE is doing good in the industry, outperforming 78.95% 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 14.06%.
The last Return On Invested Capital (15.69%) for MELE is well below the 3 year average (31.03%), which needs to be investigated, but indicates that MELE had better years and this may not be a problem.
| 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
With a Profit Margin value of 15.42%, MELE perfoms like the industry average, outperforming 57.89% of the companies in the same industry.
MELE's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 18.29%, MELE is in line with its industry, outperforming 56.14% of the companies in the same industry.
MELE's Operating Margin has improved in the last couple of years.
MELE has a Gross Margin of 40.24%. This is in the lower half of the industry: MELE underperforms 64.91% of its industry peers.
In the last couple of years the Gross Margin of MELE has grown nicely.
| 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
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so MELE 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
Compared to 1 year ago, MELE has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 6.21 indicates that MELE is not in any danger for bankruptcy at the moment.
MELE's Altman-Z score of 6.21 is in line compared to the rest of the industry. MELE outperforms 52.63% of its industry peers.
MELE has a debt to FCF ratio of 3.48. This is a good value and a sign of high solvency as MELE would need 3.48 years to pay back of all of its debts.
MELE has a Debt to FCF ratio of 3.48. This is comparable to the rest of the industry: MELE outperforms 43.86% 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 77.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 3.48 | ||
| Altman-Z | 6.21 |
ROIC/WACC1.42
WACC11.02%
2.3 Liquidity
A Current Ratio of 5.59 indicates that MELE has no problem at all paying its short term obligations.
With an excellent Current ratio value of 5.59, MELE belongs to the best of the industry, outperforming 91.23% 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.
The Quick ratio of MELE (2.71) is better than 80.70% 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.
MELE shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 23.04% yearly.
The Revenue for MELE has decreased by -16.57% in the past year. This is quite bad
MELE shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 13.89% yearly.
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
MELE is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.41% yearly.
Based on estimates for the next years, MELE will show a small growth in Revenue. The Revenue will grow by 5.53% on average per year.
EPS Next Y-29.28%
EPS Next 2Y-8.34%
EPS Next 3Y1.48%
EPS Next 5Y7.41%
Revenue Next Year-10.45%
Revenue Next 2Y-1.26%
Revenue Next 3Y2.16%
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
The Price/Earnings ratio is 21.46, which indicates a rather expensive current valuation of MELE.
Compared to the rest of the industry, the Price/Earnings ratio of MELE indicates a rather cheap valuation: MELE is cheaper than 82.46% of the companies listed in the same industry.
MELE's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.51.
The Price/Forward Earnings ratio is 16.18, which indicates a correct valuation of MELE.
Based on the Price/Forward Earnings ratio, MELE is valued cheaper than 80.70% of the companies in the same industry.
MELE is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.13, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.46 | ||
| Fwd PE | 16.18 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MELE indicates a somewhat cheap valuation: MELE is cheaper than 75.44% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, MELE is valued cheaper than 87.72% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.13 | ||
| EV/EBITDA | 12.59 |
4.3 Compensation for Growth
The decent profitability rating of MELE may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.93
EPS Next 2Y-8.34%
EPS Next 3Y1.48%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.29%, MELE has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 0.81, MELE pays a better dividend. On top of this MELE pays more dividend than 91.23% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.00, MELE has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.29% |
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
MELE pays out 112.64% of its income as dividend. 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-8.34%
EPS Next 3Y1.48%
EBR:MELE (12/31/2025, 7:00:00 PM)
57.5
+0.2 (+0.35%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners15.31%
Inst Owner ChangeN/A
Ins Owners25%
Ins Owner ChangeN/A
Market Cap2.32B
Revenue(TTM)822.53M
Net Income(TTM)131.83M
Analysts75.79
Price Target72.18 (25.53%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.29% |
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)-4.69%
PT rev (3m)-5.93%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-5.48%
EPS NY rev (1m)0.31%
EPS NY rev (3m)-0.02%
Revenue NQ rev (1m)0.44%
Revenue NQ rev (3m)0.98%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.21%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.46 | ||
| Fwd PE | 16.18 | ||
| P/S | 2.72 | ||
| P/FCF | 25.13 | ||
| P/OCF | 17.62 | ||
| P/B | 4.57 | ||
| P/tB | 4.58 | ||
| EV/EBITDA | 12.59 |
EPS(TTM)2.68
EY4.66%
EPS(NY)3.55
Fwd EY6.18%
FCF(TTM)2.29
FCFY3.98%
OCF(TTM)3.26
OCFY5.68%
SpS21.17
BVpS12.58
TBVpS12.55
PEG (NY)N/A
PEG (5Y)0.93
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 | 6.21 |
F-Score4
WACC11.02%
ROIC/WACC1.42
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-29.28%
EPS Next 2Y-8.34%
EPS Next 3Y1.48%
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-1.26%
Revenue Next 3Y2.16%
Revenue Next 5Y5.53%
EBIT growth 1Y-40.01%
EBIT growth 3Y13.74%
EBIT growth 5Y24.11%
EBIT Next Year-16.89%
EBIT Next 3Y5.62%
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 of MELEXIS NV (MELE.BR) stock?
ChartMill assigns a valuation rating of 5 / 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 7 / 10.
What is the valuation of MELEXIS NV based on its PE and PB ratios?
The Price/Earnings (PE) ratio for MELEXIS NV (MELE.BR) is 21.46 and the Price/Book (PB) ratio is 4.57.
What is the expected EPS growth for MELEXIS NV (MELE.BR) stock?
The Earnings per Share (EPS) of MELEXIS NV (MELE.BR) is expected to decline by -29.28% in the next year.