MELEXIS NV (MELE.BR) Stock Fundamental Analysis
Europe - Euronext Brussels - EBR:MELE - BE0165385973 - Common Stock
49.58 EUR
-0.28 (-0.56%)
We assign a fundamental rating of 6 out of 10 to MELE. MELE was compared to 60 industry peers in the Semiconductors & Semiconductor Equipment industry. While MELE has a great profitability rating, there are some minor concerns on its financial health. MELE has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
MELE had positive earnings in the past year.
MELE had a positive operating cash flow in the past year.
In the past 5 years MELE has always been profitable.
In the past 5 years MELE always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of MELE (14.20%) is better than 81.67% of its industry peers.
The Return On Equity of MELE (25.94%) is better than 78.33% of its industry peers.
With a decent Return On Invested Capital value of 15.69%, MELE is doing good in the industry, outperforming 78.33% of the companies in the same industry.
MELE had an Average Return On Invested Capital over the past 3 years of 31.03%. This is significantly above the industry average of 15.39%.
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 has a Profit Margin of 15.42%. This is in the better half of the industry: MELE outperforms 66.67% of its industry peers.
MELE's Profit Margin has improved in the last couple of years.
MELE has a Operating Margin of 18.29%. This is in the better half of the industry: MELE outperforms 61.67% of its industry peers.
In the last couple of years the Operating Margin of MELE has grown nicely.
With a Gross Margin value of 40.24%, MELE perfoms like the industry average, outperforming 46.67% 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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), MELE is creating value.
The number of shares outstanding for MELE remains at a similar level compared to 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
MELE has an Altman-Z score of 5.76. This indicates that MELE is financially healthy and has little risk of bankruptcy at the moment.
MELE has a Altman-Z score (5.76) which 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 has a Debt to FCF ratio (3.48) which is in line with its industry peers.
MELE has a Debt/Equity ratio of 0.62. This is a neutral value indicating MELE is somewhat dependend on debt financing.
MELE's Debt to Equity ratio of 0.62 is on the low side compared to the rest of the industry. MELE is outperformed by 71.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 3.48 | ||
| Altman-Z | 5.76 |
ROIC/WACC1.47
WACC10.67%
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 Current ratio of 5.59. This is amongst the best in the industry. MELE outperforms 95.00% of its industry peers.
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.
Looking at the Quick ratio, with a value of 2.71, MELE belongs to the top of the industry, outperforming 85.00% of the companies in the same industry.
| 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.
Looking at the last year, MELE shows a very negative growth in Revenue. The Revenue has decreased by -16.57% in the last year.
Measured over the past years, MELE shows a quite strong growth in Revenue. The Revenue has been growing by 13.89% on average per year.
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 quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 10.45% yearly.
Based on estimates for the next years, MELE will show a small growth in Revenue. The Revenue will grow by 5.56% on average per year.
EPS Next Y-29.5%
EPS Next 2Y-6.32%
EPS Next 3Y2.1%
EPS Next 5Y10.45%
Revenue Next Year-10.45%
Revenue Next 2Y-0.74%
Revenue Next 3Y2.62%
Revenue Next 5Y5.56%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past 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 18.50 indicates a rather expensive valuation of MELE.
Based on the Price/Earnings ratio, MELE is valued cheaper than 85.00% of the companies in the same industry.
When comparing the Price/Earnings ratio of MELE to the average of the S&P500 Index (25.65), we can say MELE is valued slightly cheaper.
MELE is valuated correctly with a Price/Forward Earnings ratio of 13.36.
Based on the Price/Forward Earnings ratio, MELE is valued cheaply inside the industry as 83.33% of the companies are valued more expensively.
MELE's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 34.45.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.5 | ||
| Fwd PE | 13.36 |
4.2 Price Multiples
78.33% of the companies in the same industry are more expensive than MELE, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of MELE indicates a rather cheap valuation: MELE is cheaper than 85.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.67 | ||
| EV/EBITDA | 11.11 |
4.3 Compensation for Growth
MELE has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.8
EPS Next 2Y-6.32%
EPS Next 3Y2.1%
5. Dividend
5.1 Amount
MELE has a Yearly Dividend Yield of 2.56%. Purely for dividend investing, there may be better candidates out there.
The stock price of MELE dropped by -26.24% 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.
MELE's Dividend Yield is rather good when compared to the industry average which is at 1.14. MELE pays more dividend than 98.33% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.41, MELE has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.56% |
5.2 History
The dividend of MELE is nicely growing with an annual growth rate of 10.98%!
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-6.32%
EPS Next 3Y2.1%
EBR:MELE (11/25/2025, 4:27:40 PM)
49.58
-0.28 (-0.56%)
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 Cap2.00B
Revenue(TTM)822.53M
Net Income(TTM)131.83M
Analysts76.67
Price Target75.74 (52.76%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.56% |
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)-7.3%
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 | 18.5 | ||
| Fwd PE | 13.36 | ||
| P/S | 2.34 | ||
| P/FCF | 21.67 | ||
| P/OCF | 15.19 | ||
| P/B | 3.94 | ||
| P/tB | 3.95 | ||
| EV/EBITDA | 11.11 |
EPS(TTM)2.68
EY5.41%
EPS(NY)3.71
Fwd EY7.49%
FCF(TTM)2.29
FCFY4.61%
OCF(TTM)3.26
OCFY6.58%
SpS21.17
BVpS12.58
TBVpS12.55
PEG (NY)N/A
PEG (5Y)0.8
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 | 5.76 |
F-Score4
WACC10.67%
ROIC/WACC1.47
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 5Y10.45%
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 5Y5.56%
EBIT growth 1Y-40.01%
EBIT growth 3Y13.74%
EBIT growth 5Y24.11%
EBIT Next Year-17.12%
EBIT Next 3Y7.11%
EBIT Next 5Y7.45%
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%.