MELEXIS NV (MELE.BR) Stock Fundamental Analysis
Europe - Euronext Brussels - EBR:MELE - BE0165385973 - Common Stock
53 EUR
+0.75 (+1.44%)
MELE gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 60 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
In the past year MELE was profitable.
MELE had a positive operating cash flow in the past year.
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
With an excellent Return On Assets value of 14.20%, MELE belongs to the best of the industry, outperforming 81.67% of the companies in the same industry.
MELE has a better Return On Equity (25.94%) 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.
Measured over the past 3 years, the Average Return On Invested Capital for MELE is significantly above the industry average of 15.39%.
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
The Profit Margin of MELE (15.42%) is better than 66.67% of its industry peers.
MELE's Profit Margin has improved in the last couple of years.
The Operating Margin of MELE (18.29%) is better than 61.67% of its industry peers.
In the last couple of years the Operating Margin of MELE has grown nicely.
Looking at the Gross Margin, with a value of 40.24%, MELE is in line with its industry, outperforming 46.67% of the companies in the same industry.
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
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.
MELE has more shares outstanding than it did 5 years ago.
MELE has a worse debt/assets ratio than last year.
2.2 Solvency
MELE has an Altman-Z score of 5.90. This indicates that MELE is financially healthy and has little risk of bankruptcy at the moment.
MELE has a Altman-Z score (5.90) 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.
The Debt to FCF ratio of MELE (3.48) is comparable to the rest of the industry.
A Debt/Equity ratio of 0.62 indicates that MELE is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.62, MELE is doing worse than 71.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 3.48 | ||
| Altman-Z | 5.9 |
ROIC/WACC1.47
WACC10.71%
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.
MELE has a better Current ratio (5.59) than 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.
The Quick ratio of MELE (2.71) is better than 85.00% 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
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
The Earnings Per Share is expected to grow by 10.45% on average over the next years. This is quite good.
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
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in 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
With a Price/Earnings ratio of 19.78, MELE is valued on the expensive side.
85.00% of the companies in the same industry are more expensive than MELE, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 26.31. MELE is valued slightly cheaper when compared to this.
MELE is valuated correctly with a Price/Forward Earnings ratio of 14.28.
Compared to the rest of the industry, the Price/Forward Earnings ratio of MELE indicates a rather cheap valuation: MELE is cheaper than 85.00% of the companies listed in the same industry.
MELE is valuated cheaply when we compare the Price/Forward Earnings ratio to 36.59, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.78 | ||
| Fwd PE | 14.28 |
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 78.33% of the companies listed in the same industry.
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 | 23.16 | ||
| EV/EBITDA | 11.57 |
4.3 Compensation for Growth
The excellent profitability rating of MELE may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.86
EPS Next 2Y-6.32%
EPS Next 3Y2.1%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.56%, MELE has a reasonable but not impressive dividend return.
The stock price of MELE dropped by -21.60% 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.
Compared to an average industry Dividend Yield of 1.14, MELE pays a better dividend. On top of this MELE pays more dividend than 98.33% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.40, MELE has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.56% |
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 (11/28/2025, 7:00:00 PM)
53
+0.75 (+1.44%)
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 Cap2.14B
Revenue(TTM)822.53M
Net Income(TTM)131.83M
Analysts76.67
Price Target75.74 (42.91%)
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 | 19.78 | ||
| Fwd PE | 14.28 | ||
| P/S | 2.5 | ||
| P/FCF | 23.16 | ||
| P/OCF | 16.24 | ||
| P/B | 4.21 | ||
| P/tB | 4.22 | ||
| EV/EBITDA | 11.57 |
EPS(TTM)2.68
EY5.06%
EPS(NY)3.71
Fwd EY7%
FCF(TTM)2.29
FCFY4.32%
OCF(TTM)3.26
OCFY6.16%
SpS21.17
BVpS12.58
TBVpS12.55
PEG (NY)N/A
PEG (5Y)0.86
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 | 5.9 |
F-Score4
WACC10.71%
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%.