ADVANCED ENERGY INDUSTRIES (AEIS) Stock Fundamental Analysis
USA - NASDAQ:AEIS - US0079731008 - Common Stock
182.75 USD
+0.6 (+0.33%)
182.75 USD
0 (0%)
Taking everything into account, AEIS scores 6 out of 10 in our fundamental rating. AEIS was compared to 124 industry peers in the Electronic Equipment, Instruments & Components industry. While AEIS has a great health rating, its profitability is only average at the moment. AEIS shows excellent growth, but is valued quite expensive already. With these ratings, AEIS could be worth investigating further for growth investing!.
1. Profitability
1.1 Basic Checks
In the past year AEIS was profitable.
In the past year AEIS had a positive cash flow from operations.
Each year in the past 5 years AEIS has been profitable.
In the past 5 years AEIS always reported a positive cash flow from operatings.
1.2 Ratios
With a decent Return On Assets value of 3.52%, AEIS is doing good in the industry, outperforming 64.52% of the companies in the same industry.
The Return On Equity of AEIS (6.67%) is better than 62.90% of its industry peers.
Looking at the Return On Invested Capital, with a value of 4.80%, AEIS is in line with its industry, outperforming 56.45% of the companies in the same industry.
AEIS had an Average Return On Invested Capital over the past 3 years of 6.52%. This is below the industry average of 9.32%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.52% | ||
| ROE | 6.67% | ||
| ROIC | 4.8% |
ROA(3y)5.81%
ROA(5y)6.6%
ROE(3y)11.48%
ROE(5y)13.29%
ROIC(3y)6.52%
ROIC(5y)7.83%
1.3 Margins
AEIS has a better Profit Margin (5.13%) than 69.35% of its industry peers.
In the last couple of years the Profit Margin of AEIS has declined.
The Operating Margin of AEIS (7.51%) is better than 70.97% of its industry peers.
In the last couple of years the Operating Margin of AEIS has declined.
AEIS has a Gross Margin of 36.84%. This is in the better half of the industry: AEIS outperforms 62.10% of its industry peers.
AEIS's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.51% | ||
| PM (TTM) | 5.13% | ||
| GM | 36.84% |
OM growth 3Y-25.09%
OM growth 5Y-9.73%
PM growth 3Y-26.61%
PM growth 5Y-14.97%
GM growth 3Y-0.78%
GM growth 5Y-2.24%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so AEIS is destroying value.
AEIS has more shares outstanding than it did 1 year ago.
AEIS has less shares outstanding than it did 5 years ago.
The debt/assets ratio for AEIS has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 5.70 indicates that AEIS is not in any danger for bankruptcy at the moment.
AEIS's Altman-Z score of 5.70 is fine compared to the rest of the industry. AEIS outperforms 72.58% of its industry peers.
The Debt to FCF ratio of AEIS is 4.58, which is a neutral value as it means it would take AEIS, 4.58 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 4.58, AEIS is doing good in the industry, outperforming 64.52% of the companies in the same industry.
AEIS has a Debt/Equity ratio of 0.45. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.45, AEIS is doing worse than 67.74% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.45 | ||
| Debt/FCF | 4.58 | ||
| Altman-Z | 5.7 |
ROIC/WACC0.55
WACC8.79%
2.3 Liquidity
A Current Ratio of 4.09 indicates that AEIS has no problem at all paying its short term obligations.
With a decent Current ratio value of 4.09, AEIS is doing good in the industry, outperforming 78.23% of the companies in the same industry.
AEIS has a Quick Ratio of 2.97. This indicates that AEIS is financially healthy and has no problem in meeting its short term obligations.
The Quick ratio of AEIS (2.97) is better than 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.09 | ||
| Quick Ratio | 2.97 |
3. Growth
3.1 Past
AEIS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 26.84%, which is quite impressive.
Measured over the past years, AEIS shows a quite strong growth in Earnings Per Share. The EPS has been growing by 8.74% on average per year.
AEIS shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.49%.
AEIS shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 13.44% yearly.
EPS 1Y (TTM)26.84%
EPS 3Y-8.16%
EPS 5Y8.74%
EPS Q2Q%76.47%
Revenue 1Y (TTM)8.49%
Revenue growth 3Y0.59%
Revenue growth 5Y13.44%
Sales Q2Q%20.98%
3.2 Future
Based on estimates for the next years, AEIS will show a very strong growth in Earnings Per Share. The EPS will grow by 27.59% on average per year.
AEIS is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 11.09% yearly.
EPS Next Y57.15%
EPS Next 2Y35.04%
EPS Next 3Y27.59%
EPS Next 5YN/A
Revenue Next Year18.66%
Revenue Next 2Y12.8%
Revenue Next 3Y11.09%
Revenue Next 5YN/A
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 accelerating.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 36.48, AEIS can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Earnings ratio of AEIS is on the same level as its industry peers.
AEIS's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 27.50.
A Price/Forward Earnings ratio of 27.01 indicates a quite expensive valuation of AEIS.
Compared to the rest of the industry, the Price/Forward Earnings ratio of AEIS is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.99, AEIS is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.48 | ||
| Fwd PE | 27.01 |
4.2 Price Multiples
AEIS's Enterprise Value to EBITDA ratio is in line with the industry average.
AEIS's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 55.83 | ||
| EV/EBITDA | 35.56 |
4.3 Compensation for Growth
AEIS's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
AEIS's earnings are expected to grow with 27.59% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.64
PEG (5Y)4.17
EPS Next 2Y35.04%
EPS Next 3Y27.59%
5. Dividend
5.1 Amount
AEIS has a yearly dividend return of 0.22%, which is pretty low.
Compared to an average industry Dividend Yield of 2.11, AEIS pays a bit more dividend than its industry peers.
With a Dividend Yield of 0.22, AEIS pays less dividend than the S&P500 average, which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.22% |
5.2 History
AEIS has been paying a dividend for over 5 years, so it has already some track record.
AEIS has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
AEIS pays out 18.38% of its income as dividend. This is a sustainable payout ratio.
DP18.38%
EPS Next 2Y35.04%
EPS Next 3Y27.59%
182.75
+0.6 (+0.33%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners107.62%
Inst Owner Change0.05%
Ins Owners1.14%
Ins Owner Change1.21%
Market Cap6.89B
Analysts81.11
Price Target153.71 (-15.89%)
Short Float %7.64%
Short Ratio6.78
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.22% |
Yearly Dividend0.41
Dividend Growth(5Y)N/A
DP18.38%
Div Incr Years0
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)13.14%
Min EPS beat(2)12.47%
Max EPS beat(2)13.82%
EPS beat(4)4
Avg EPS beat(4)11.98%
Min EPS beat(4)5.3%
Max EPS beat(4)16.34%
EPS beat(8)7
Avg EPS beat(8)8.06%
EPS beat(12)11
Avg EPS beat(12)10.89%
EPS beat(16)15
Avg EPS beat(16)14.58%
Revenue beat(2)2
Avg Revenue beat(2)1.96%
Min Revenue beat(2)1.18%
Max Revenue beat(2)2.75%
Revenue beat(4)3
Avg Revenue beat(4)1.45%
Min Revenue beat(4)-1.51%
Max Revenue beat(4)3.39%
Revenue beat(8)4
Avg Revenue beat(8)-0.84%
Revenue beat(12)7
Avg Revenue beat(12)0.77%
Revenue beat(16)10
Avg Revenue beat(16)2.07%
PT rev (1m)0%
PT rev (3m)19.79%
EPS NQ rev (1m)0%
EPS NQ rev (3m)12.39%
EPS NY rev (1m)0%
EPS NY rev (3m)8.89%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)4.72%
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.21%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.48 | ||
| Fwd PE | 27.01 | ||
| P/S | 4.21 | ||
| P/FCF | 55.83 | ||
| P/OCF | 36.12 | ||
| P/B | 5.48 | ||
| P/tB | 8.33 | ||
| EV/EBITDA | 35.56 |
EPS(TTM)5.01
EY2.74%
EPS(NY)6.77
Fwd EY3.7%
FCF(TTM)3.27
FCFY1.79%
OCF(TTM)5.06
OCFY2.77%
SpS43.36
BVpS33.33
TBVpS21.94
PEG (NY)0.64
PEG (5Y)4.17
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.52% | ||
| ROE | 6.67% | ||
| ROCE | 6.07% | ||
| ROIC | 4.8% | ||
| ROICexc | 7.41% | ||
| ROICexgc | 11.03% | ||
| OM | 7.51% | ||
| PM (TTM) | 5.13% | ||
| GM | 36.84% | ||
| FCFM | 7.55% |
ROA(3y)5.81%
ROA(5y)6.6%
ROE(3y)11.48%
ROE(5y)13.29%
ROIC(3y)6.52%
ROIC(5y)7.83%
ROICexc(3y)10.13%
ROICexc(5y)12.26%
ROICexgc(3y)16.74%
ROICexgc(5y)20.82%
ROCE(3y)8.26%
ROCE(5y)9.92%
ROICexcg growth 3Y-34.09%
ROICexcg growth 5Y-7.46%
ROICexc growth 3Y-32.01%
ROICexc growth 5Y-4.53%
OM growth 3Y-25.09%
OM growth 5Y-9.73%
PM growth 3Y-26.61%
PM growth 5Y-14.97%
GM growth 3Y-0.78%
GM growth 5Y-2.24%
F-Score6
Asset Turnover0.69
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.45 | ||
| Debt/FCF | 4.58 | ||
| Debt/EBITDA | 2.99 | ||
| Cap/Depr | 101.73% | ||
| Cap/Sales | 4.12% | ||
| Interest Coverage | 10.18 | ||
| Cash Conversion | 100.95% | ||
| Profit Quality | 147.22% | ||
| Current Ratio | 4.09 | ||
| Quick Ratio | 2.97 | ||
| Altman-Z | 5.7 |
F-Score6
WACC8.79%
ROIC/WACC0.55
Cap/Depr(3y)90.77%
Cap/Depr(5y)81.79%
Cap/Sales(3y)3.57%
Cap/Sales(5y)3.09%
Profit Quality(3y)104.73%
Profit Quality(5y)103.39%
High Growth Momentum
Growth
EPS 1Y (TTM)26.84%
EPS 3Y-8.16%
EPS 5Y8.74%
EPS Q2Q%76.47%
EPS Next Y57.15%
EPS Next 2Y35.04%
EPS Next 3Y27.59%
EPS Next 5YN/A
Revenue 1Y (TTM)8.49%
Revenue growth 3Y0.59%
Revenue growth 5Y13.44%
Sales Q2Q%20.98%
Revenue Next Year18.66%
Revenue Next 2Y12.8%
Revenue Next 3Y11.09%
Revenue Next 5YN/A
EBIT growth 1Y51.38%
EBIT growth 3Y-24.65%
EBIT growth 5Y2.41%
EBIT Next Year112.4%
EBIT Next 3Y42.63%
EBIT Next 5YN/A
FCF growth 1Y1.73%
FCF growth 3Y-11.96%
FCF growth 5Y26.09%
OCF growth 1Y1.3%
OCF growth 3Y-2.31%
OCF growth 5Y21.99%