Financials AIXTRON SE

Equities

AIXA

DE000A0WMPJ6

Semiconductor Equipment & Testing

Market Closed - Xetra 11:35:08 2024-04-26 am EDT 5-day change 1st Jan Change
22.82 EUR +4.78% Intraday chart for AIXTRON SE +6.64% -40.97%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 953.8 1,595 2,004 3,024 4,345 2,568 - -
Enterprise Value (EV) 1 655.5 1,285 1,651 3,024 4,163 2,371 2,196 2,128
P/E ratio 29.4 x 46 x 21 x 30.3 x 30 x 18 x 15.3 x 13.3 x
Yield - 0.77% 1.68% - 1.03% 1.83% 1.99% 2.33%
Capitalization / Revenue 3.67 x 5.93 x 4.67 x 6.53 x 6.9 x 3.84 x 3.41 x 3.08 x
EV / Revenue 2.52 x 4.77 x 3.85 x 6.53 x 6.61 x 3.54 x 2.92 x 2.55 x
EV / EBITDA 13.3 x 29 x 15.2 x 26.6 x 24.7 x 13.2 x 9.95 x 8.26 x
EV / FCF 18.7 x -26.5 x -53.4 x - -37.9 x 21.8 x 13.7 x 12.5 x
FCF Yield 5.35% -3.77% -1.87% - -2.64% 4.58% 7.31% 8.01%
Price to Book 2.06 x 3.22 x 3.39 x - 5.59 x 2.94 x 2.58 x 2.26 x
Nbr of stocks (in thousands) 111,840 111,840 112,118 112,115 112,383 112,544 - -
Reference price 2 8.528 14.26 17.87 26.97 38.66 22.82 22.82 22.82
Announcement Date 2/27/20 2/25/21 2/24/22 2/28/23 2/29/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 259.6 269.2 429 463.2 629.9 669.2 752.2 833.4
EBITDA 1 49.14 44.38 108.8 113.6 168.4 180.2 220.7 257.7
EBIT 1 39 34.83 98.98 104.7 156.8 161.3 199.8 231
Operating Margin 15.02% 12.94% 23.07% 22.6% 24.89% 24.1% 26.56% 27.72%
Earnings before Tax (EBT) 1 39.72 35.07 98.93 105.1 157.7 167.9 204.6 241.1
Net income 1 32.83 34.88 95.66 100.4 145.2 139.2 167.4 196.3
Net margin 12.65% 12.95% 22.3% 21.68% 23.05% 20.8% 22.26% 23.55%
EPS 2 0.2900 0.3100 0.8500 0.8900 1.290 1.264 1.495 1.716
Free Cash Flow 1 35.05 -48.45 -30.94 - -109.9 108.6 160.5 170.5
FCF margin 13.5% -18% -7.21% - -17.45% 16.23% 21.34% 20.46%
FCF Conversion (EBITDA) 71.33% - - - - 60.25% 72.73% 66.16%
FCF Conversion (Net income) 106.76% - - - - 78.01% 95.87% 86.86%
Dividend per Share 2 - 0.1100 0.3000 - 0.4000 0.4187 0.4541 0.5316
Announcement Date 2/27/20 2/25/21 2/24/22 2/28/23 2/29/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 180.9 88.59 102.5 88.87 183.2 77.23 173.4 250.7 165 214.2 118.3 135.2 169.5 236.8 184.2 -
EBITDA 1 60.57 - 19.32 - 59.61 - 47.47 - 48.2 66.59 13.24 28.67 48.77 87.52 55.84 -
EBIT 1 57.9 14.23 17.2 16.21 57.06 3.482 44.62 48.1 45.28 63.38 9.941 26.55 43.92 73.65 51.13 -
Operating Margin 32.01% 16.07% 16.78% 18.24% 31.14% 4.51% 25.73% 19.19% 27.44% 29.59% 8.4% 19.64% 25.91% 31.1% 27.76% -
Earnings before Tax (EBT) 1 57.85 14.27 17.15 16.39 57.34 - - - - - 10.37 24.02 49.25 85.8 29.93 -
Net income 1 51.89 13.75 17.35 19.07 50.27 - 40.42 - 39.57 61.68 10.84 21.67 38.28 69.73 61.99 -
Net margin 28.68% 15.52% 16.92% 21.46% 27.44% - 23.3% - 23.98% 28.79% 9.16% 16.03% 22.59% 29.44% 33.66% -
EPS 2 0.4600 0.1200 0.1600 0.1700 0.4400 0.0300 0.3600 0.3900 0.3500 0.5500 0.1000 0.1917 0.3388 0.6168 0.5455 -
Dividend per Share 2 0.3000 - - - - - - - - - - 0.4000 - - - 0.4620
Announcement Date 2/24/22 5/5/22 7/28/22 10/27/22 2/28/23 4/27/23 7/27/23 7/27/23 10/26/23 2/29/24 4/25/24 - - - - -
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 298 310 353 - 182 197 372 440
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 35.1 -48.5 -30.9 - -110 109 161 170
ROE (net income / shareholders' equity) 7.37% 7.28% 17.6% - 20.2% 16.6% 17.6% 17.9%
ROA (Net income/ Total Assets) 5.96% 6.05% 14.4% - 15% 13.4% 15.2% 15.5%
Assets 1 550.9 576.7 665.6 - 966.3 1,040 1,104 1,269
Book Value Per Share 2 4.140 4.430 5.280 - 6.910 7.770 8.850 10.10
Cash Flow per Share 2 0.3800 -0.3500 -0.1200 - -0.4200 2.100 1.810 1.870
Capex 1 7.76 9.29 17.4 - 62.6 107 37 34.6
Capex / Sales 2.99% 3.45% 4.07% - 9.95% 16.02% 4.92% 4.15%
Announcement Date 2/27/20 2/25/21 2/24/22 2/28/23 2/29/24 - - -
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
15
Last Close Price
22.82 EUR
Average target price
32.57 EUR
Spread / Average Target
+42.74%
Consensus