MELEXIS NV (MELE.BR) Stock Fundamental Analysis
Europe - Euronext Brussels - EBR:MELE - BE0165385973 - Common Stock
57.3 EUR
+0.45 (+0.79%)
MELE gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 57 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 is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
MELE had positive earnings in the past year.
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.
The Return On Equity of MELE (25.94%) is better than 75.44% of its industry peers.
MELE has a Return On Invested Capital of 15.69%. This is in the better half of the industry: MELE outperforms 78.95% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital 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
MELE's Profit Margin of 15.42% is in line compared to the rest of the industry. MELE outperforms 57.89% of its industry peers.
MELE's Profit Margin has improved in the last couple of years.
MELE has a Operating Margin (18.29%) which is in line with its industry peers.
MELE's Operating Margin has improved in the last couple of years.
The Gross Margin of MELE (40.24%) is worse than 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
MELE has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
Compared to 1 year ago, MELE has about the same amount of shares outstanding.
Compared to 5 years ago, MELE has more shares outstanding
MELE has a worse debt/assets ratio than last year.
2.2 Solvency
MELE has an Altman-Z score of 6.17. This indicates that MELE is financially healthy and has little risk of bankruptcy at the moment.
MELE has a Altman-Z score (6.17) which is in line with its industry peers.
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.
With a Debt to FCF ratio value of 3.48, MELE perfoms like the industry average, outperforming 43.86% of the companies in the same industry.
MELE has a Debt/Equity ratio of 0.62. This is a neutral value indicating MELE is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.62, MELE is not doing good in the industry: 77.19% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 3.48 | ||
| Altman-Z | 6.17 |
ROIC/WACC1.43
WACC11.01%
2.3 Liquidity
A Current Ratio of 5.59 indicates that MELE has no problem at all paying its short term obligations.
MELE has a better Current ratio (5.59) than 91.23% of its industry peers.
A Quick Ratio of 2.71 indicates that MELE has no problem at all paying its short term obligations.
MELE has a better Quick ratio (2.71) than 80.70% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.59 | ||
| Quick Ratio | 2.71 |
3. Growth
3.1 Past
MELE shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -46.51%.
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
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-29.28%
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
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
The Price/Earnings ratio is 21.38, 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.
When comparing the Price/Earnings ratio of MELE to the average of the S&P500 Index (26.77), we can say MELE is valued slightly cheaper.
Based on the Price/Forward Earnings ratio of 16.12, the valuation of MELE can be described as correct.
Based on the Price/Forward Earnings ratio, MELE is valued cheaply inside the industry as 80.70% of the companies are valued more expensively.
MELE's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.38 | ||
| Fwd PE | 16.12 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MELE is valued a bit cheaper than the industry average as 77.19% of the companies are valued more expensively.
87.72% of the companies in the same industry are more expensive than MELE, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.04 | ||
| EV/EBITDA | 12.47 |
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
MELE has a Yearly Dividend Yield of 2.29%. Purely for dividend investing, there may be better candidates out there.
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
112.64% of the earnings are spent on dividend by MELE. This is not a sustainable payout ratio.
MELE's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP112.64%
EPS Next 2Y-8.34%
EPS Next 3Y1.48%
EBR:MELE (12/30/2025, 7:00:00 PM)
57.3
+0.45 (+0.79%)
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 Cap2.31B
Revenue(TTM)822.53M
Net Income(TTM)131.83M
Analysts75.79
Price Target72.18 (25.97%)
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 | 21.38 | ||
| Fwd PE | 16.12 | ||
| P/S | 2.71 | ||
| P/FCF | 25.04 | ||
| P/OCF | 17.56 | ||
| P/B | 4.55 | ||
| P/tB | 4.57 | ||
| EV/EBITDA | 12.47 |
EPS(TTM)2.68
EY4.68%
EPS(NY)3.55
Fwd EY6.2%
FCF(TTM)2.29
FCFY3.99%
OCF(TTM)3.26
OCFY5.7%
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 | 6.17 |
F-Score4
WACC11.01%
ROIC/WACC1.43
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 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 7 / 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%.