ADVANCED ENERGY INDUSTRIES (AEIS)
US0079731008 - Common Stock
Taking everything into account, AEIS scores 5 out of 10 in our fundamental rating. AEIS was compared to 127 industry peers in the Electronic Equipment, Instruments & Components industry. Both the profitability and the financial health of AEIS get a neutral evaluation. Nothing too spectacular is happening here. AEIS has a correct valuation and a medium growth rate.
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.
AEIS had positive earnings in each of the past 5 years.
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 5.02%, AEIS is doing good in the industry, outperforming 72.22% of the companies in the same industry.
AEIS's Return On Equity of 11.21% is fine compared to the rest of the industry. AEIS outperforms 76.98% of its industry peers.
AEIS's Return On Invested Capital of 5.29% is fine compared to the rest of the industry. AEIS outperforms 60.32% of its industry peers.
AEIS had an Average Return On Invested Capital over the past 3 years of 8.95%. This is in line with the industry average of 9.44%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.02% | ||
| ROE | 11.21% | ||
| ROIC | 5.29% |
ROA(3y)7.48%
ROA(5y)6.97%
ROE(3y)15.14%
ROE(5y)14.31%
ROIC(3y)8.95%
ROIC(5y)8.53%
1.3 Margins
AEIS has a Profit Margin of 7.75%. This is in the better half of the industry: AEIS outperforms 76.98% of its industry peers.
AEIS's Profit Margin has declined in the last couple of years.
AEIS has a better Operating Margin (8.50%) than 76.19% of its industry peers.
In the last couple of years the Operating Margin of AEIS has declined.
AEIS's Gross Margin of 35.78% is fine compared to the rest of the industry. AEIS outperforms 65.87% of its industry peers.
AEIS's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.5% | ||
| PM (TTM) | 7.75% | ||
| GM | 35.78% |
OM growth 3Y-14.01%
OM growth 5Y-19.06%
PM growth 3Y-6.61%
PM growth 5Y-17.65%
GM growth 3Y-2.22%
GM growth 5Y-6.79%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), AEIS is creating some value.
AEIS has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, AEIS has less shares outstanding
AEIS has a worse debt/assets ratio than last year.
2.2 Solvency
AEIS has a debt to FCF ratio of 6.19. This is a slightly negative value and a sign of low solvency as AEIS would need 6.19 years to pay back of all of its debts.
AEIS's Debt to FCF ratio of 6.19 is in line compared to the rest of the industry. AEIS outperforms 56.35% of its industry peers.
A Debt/Equity ratio of 0.78 indicates that AEIS is somewhat dependend on debt financing.
AEIS has a worse Debt to Equity ratio (0.78) than 82.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.78 | ||
| Debt/FCF | 6.19 | ||
| Altman-Z | N/A |
ROIC/WACC0.61
WACC8.67%
2.3 Liquidity
AEIS has a Current Ratio of 5.10. This indicates that AEIS is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 5.10, AEIS belongs to the top of the industry, outperforming 81.75% of the companies in the same industry.
A Quick Ratio of 4.10 indicates that AEIS has no problem at all paying its short term obligations.
The Quick ratio of AEIS (4.10) is better than 81.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.1 | ||
| Quick Ratio | 4.1 |
3. Growth
3.1 Past
AEIS shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -25.08%.
The Earnings Per Share has been growing slightly by 2.19% on average over the past years.
AEIS shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -10.27%.
Measured over the past years, AEIS shows a quite strong growth in Revenue. The Revenue has been growing by 18.16% on average per year.
EPS 1Y (TTM)-25.08%
EPS 3Y-2.41%
EPS 5Y2.19%
EPS growth Q2Q-27.06%
Revenue 1Y (TTM)-10.27%
Revenue growth 3Y5.36%
Revenue growth 5Y18.16%
Revenue growth Q2Q-17.42%
3.2 Future
AEIS is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 10.32% yearly.
Based on estimates for the next years, AEIS will show a small growth in Revenue. The Revenue will grow by 2.88% on average per year.
EPS Next Y-26.5%
EPS Next 2Y9.89%
EPS Next 3Y10.32%
EPS Next 5YN/A
Revenue Next Year-9.29%
Revenue Next 2Y2.43%
Revenue Next 3Y2.88%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better 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
A Price/Earnings ratio of 19.70 indicates a rather expensive valuation of AEIS.
Based on the Price/Earnings ratio, AEIS is valued a bit cheaper than 69.05% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 24.92. AEIS is valued slightly cheaper when compared to this.
AEIS is valuated quite expensively with a Price/Forward Earnings ratio of 26.81.
AEIS's Price/Forward Earnings is on the same level as the industry average.
AEIS's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 21.49.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.7 | ||
| Fwd PE | 26.81 |
4.2 Price Multiples
AEIS's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. AEIS is cheaper than 61.11% of the companies in the same industry.
AEIS's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. AEIS is cheaper than 72.22% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.21 | ||
| EV/EBITDA | 16.27 |
4.3 Compensation for Growth
AEIS has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)9
EPS Next 2Y9.89%
EPS Next 3Y10.32%
5. Dividend
5.1 Amount
AEIS has a yearly dividend return of 0.44%, which is pretty low.
Compared to an average industry Dividend Yield of 1.77, AEIS pays a better dividend. On top of this AEIS pays more dividend than 83.33% of the companies listed in the same industry.
With a Dividend Yield of 0.44, AEIS pays less dividend than the S&P500 average, which is at 2.43.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.44% |
5.2 History
AEIS has been paying a dividend for less than 5 years, so it still needs to build a track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years2
5.3 Sustainability
11.87% of the earnings are spent on dividend by AEIS. This is a low number and sustainable payout ratio.
DP11.87%
EPS Next 2Y9.89%
EPS Next 3Y10.32%
ADVANCED ENERGY INDUSTRIES
NASDAQ:AEIS (4/26/2024, 7:00:00 PM)
After market: 95.96 0 (0%)95.96
+2.18 (+2.32%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap3.58B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.44% |
Dividend Growth(5Y)
DP
Div Incr Years
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Ex-Date
Surprises & Revisions
EPS beat(2)
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PT rev (1m)
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EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
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Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.7 | ||
| Fwd PE | 26.81 | ||
| 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)9
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.02% | ||
| ROE | 11.21% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 8.5% | ||
| PM (TTM) | 7.75% | ||
| GM | 35.78% | ||
| 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 Turnover0.65
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.78 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 5.1 | ||
| Quick Ratio | 4.1 | ||
| 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)
Growth
EPS 1Y (TTM)-25.08%
EPS 3Y-2.41%
EPS 5Y
EPS growth Q2Q
EPS Next Y-26.5%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-10.27%
Revenue growth 3Y5.36%
Revenue growth 5Y
Revenue growth 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
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