X-FAB SILICON FOUNDRIES SE (XFAB.PA)
BE0974310428 - Common Stock
We assign a fundamental rating of 4 out of 10 to XFAB. XFAB was compared to 50 industry peers in the Semiconductors & Semiconductor Equipment industry. There are concerns on the financial health of XFAB while its profitability can be described as average. XFAB has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
XFAB had positive earnings in the past year.
XFAB had a positive operating cash flow in the past year.
XFAB had positive earnings in 4 of the past 5 years.
Each year in the past 5 years XFAB had a positive operating cash flow.
1.2 Ratios
XFAB's Return On Assets of 7.16% is on the low side compared to the rest of the industry. XFAB is outperformed by 62.00% of its industry peers.
Looking at the Return On Equity, with a value of 12.29%, XFAB is doing worse than 64.00% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 7.60%, XFAB is doing worse than 64.00% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for XFAB is significantly below the industry average of 17.45%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.16% | ||
| ROE | 12.29% | ||
| ROIC | 7.6% |
ROA(3y)7.39%
ROA(5y)3.64%
ROE(3y)11.56%
ROE(5y)5.84%
ROIC(3y)8.78%
ROIC(5y)N/A
1.3 Margins
With a Profit Margin value of 13.82%, XFAB perfoms like the industry average, outperforming 42.00% of the companies in the same industry.
XFAB's Profit Margin has improved in the last couple of years.
XFAB has a worse Operating Margin (14.50%) than 64.00% of its industry peers.
XFAB's Operating Margin has improved in the last couple of years.
XFAB's Gross Margin of 25.59% is on the low side compared to the rest of the industry. XFAB is outperformed by 92.00% of its industry peers.
XFAB's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.5% | ||
| PM (TTM) | 13.82% | ||
| GM | 25.59% |
OM growth 3YN/A
OM growth 5Y24.76%
PM growth 3Y84.61%
PM growth 5Y36.03%
GM growth 3Y67.43%
GM growth 5Y12.99%
2. Health
2.1 Basic Checks
XFAB has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, XFAB has about the same amount of shares outstanding.
XFAB has about the same amout of shares outstanding than it did 5 years ago.
The debt/assets ratio for XFAB has been reduced compared to a year ago.
2.2 Solvency
XFAB has an Altman-Z score of 1.75. This is a bad value and indicates that XFAB is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.75, XFAB is doing worse than 78.00% of the companies in the same industry.
XFAB has a Debt/Equity ratio of 0.24. This is a healthy value indicating a solid balance between debt and equity.
XFAB has a Debt to Equity ratio (0.24) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.75 |
ROIC/WACC0.66
WACC11.49%
2.3 Liquidity
XFAB has a Current Ratio of 1.59. This is a normal value and indicates that XFAB is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.59, XFAB is doing worse than 76.00% of the companies in the same industry.
A Quick Ratio of 1.00 indicates that XFAB may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.00, XFAB is doing worse than 74.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.59 | ||
| Quick Ratio | 1 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 12.89% over the past year.
Measured over the past years, XFAB shows a very strong growth in Earnings Per Share. The EPS has been growing by 48.80% on average per year.
Looking at the last year, XFAB shows a quite strong growth in Revenue. The Revenue has grown by 10.60% in the last year.
Measured over the past years, XFAB shows a quite strong growth in Revenue. The Revenue has been growing by 9.05% on average per year.
EPS 1Y (TTM)12.89%
EPS 3Y131.46%
EPS 5Y48.8%
EPS Q2Q%-49.42%
Revenue 1Y (TTM)10.6%
Revenue growth 3Y23.83%
Revenue growth 5Y9.05%
Sales Q2Q%-9.7%
3.2 Future
Based on estimates for the next years, XFAB will show a quite strong growth in Earnings Per Share. The EPS will grow by 9.31% on average per year.
Based on estimates for the next years, XFAB will show a small growth in Revenue. The Revenue will grow by 5.01% on average per year.
EPS Next Y-36.85%
EPS Next 2Y-12.97%
EPS Next 3Y-0.3%
EPS Next 5Y9.31%
Revenue Next Year-4.76%
Revenue Next 2Y2.88%
Revenue Next 3Y6.21%
Revenue Next 5Y5.01%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 5.61, the valuation of XFAB can be described as very cheap.
Based on the Price/Earnings ratio, XFAB is valued cheaply inside the industry as 98.00% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of XFAB to the average of the S&P500 Index (30.52), we can say XFAB is valued rather cheaply.
XFAB is valuated cheaply with a Price/Forward Earnings ratio of 5.81.
XFAB's Price/Forward Earnings ratio is rather cheap when compared to the industry. XFAB is cheaper than 100.00% of the companies in the same industry.
XFAB's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 21.99.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.61 | ||
| Fwd PE | 5.81 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, XFAB is valued cheaply inside the industry as 92.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 3.16 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.11
EPS Next 2Y-12.97%
EPS Next 3Y-0.3%
5. Dividend
5.1 Amount
XFAB does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
X-FAB SILICON FOUNDRIES SE
EPA:XFAB (9/16/2024, 5:29:48 PM)
4.823
-0.21 (-4.12%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap630.04M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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EPS beat(4)
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EPS beat(8)
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EPS beat(12)
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EPS beat(16)
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Revenue beat(2)
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Min Revenue beat(2)
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Revenue beat(4)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.61 | ||
| Fwd PE | 5.81 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)0.11
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.16% | ||
| ROE | 12.29% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 14.5% | ||
| PM (TTM) | 13.82% | ||
| GM | 25.59% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.52
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.59 | ||
| Quick Ratio | 1 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)12.89%
EPS 3Y131.46%
EPS 5Y
EPS Q2Q%
EPS Next Y-36.85%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)10.6%
Revenue growth 3Y23.83%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y