ELES SEMICONDUCTOR EQUIPMENT (ELES.MI) Stock Fundamental Analysis
Europe • Euronext Milan • BIT:ELES • IT0005373417
3.18 EUR
-0.02 (-0.62%)
Last: Jan 29, 2026, 07:00 PM
We assign a fundamental rating of 4 out of 10 to ELES. ELES was compared to 69 industry peers in the Semiconductors & Semiconductor Equipment industry. ELES has an average financial health and profitability rating. ELES has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
- ELES had positive earnings in the past year.
- In the past year ELES had a positive cash flow from operations.
- Each year in the past 5 years ELES has been profitable.
- ELES had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
- ELES has a worse Return On Assets (-0.02%) than 86.96% of its industry peers.
- With a Return On Equity value of -0.03%, ELES is not doing good in the industry: 86.96% of the companies in the same industry are doing better.
- Looking at the Return On Invested Capital, with a value of 5.45%, ELES is in line with its industry, outperforming 43.48% of the companies in the same industry.
- The Average Return On Invested Capital over the past 3 years for ELES is significantly below the industry average of 14.31%.
- The last Return On Invested Capital (5.45%) for ELES is above the 3 year average (4.69%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.02% | ||
| ROE | -0.03% | ||
| ROIC | 5.45% |
ROA(3y)1.61%
ROA(5y)2.47%
ROE(3y)3.53%
ROE(5y)5.33%
ROIC(3y)4.69%
ROIC(5y)4.15%
1.3 Margins
- ELES's Profit Margin has declined in the last couple of years.
- ELES has a worse Operating Margin (8.97%) than 76.81% of its industry peers.
- In the last couple of years the Operating Margin of ELES has grown nicely.
- The Gross Margin of ELES (50.63%) is comparable to the rest of the industry.
- ELES's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.97% | ||
| PM (TTM) | N/A | ||
| GM | 50.63% |
OM growth 3Y29.01%
OM growth 5Y12.15%
PM growth 3Y-8.14%
PM growth 5Y-6.16%
GM growth 3Y11.8%
GM growth 5Y5.73%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ELES is destroying value.
- ELES has more shares outstanding than it did 1 year ago.
- ELES has more shares outstanding than it did 5 years ago.
- The debt/assets ratio for ELES has been reduced compared to a year ago.
2.2 Solvency
- An Altman-Z score of 2.87 indicates that ELES is not a great score, but indicates only limited risk for bankruptcy at the moment.
- ELES's Altman-Z score of 2.87 is on the low side compared to the rest of the industry. ELES is outperformed by 73.91% of its industry peers.
- The Debt to FCF ratio of ELES is 2.45, which is a good value as it means it would take ELES, 2.45 years of fcf income to pay off all of its debts.
- ELES has a Debt to FCF ratio (2.45) which is in line with its industry peers.
- A Debt/Equity ratio of 0.28 indicates that ELES is not too dependend on debt financing.
- With a Debt to Equity ratio value of 0.28, ELES perfoms like the industry average, outperforming 46.38% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | 2.45 | ||
| Altman-Z | 2.87 |
ROIC/WACC0.5
WACC10.86%
2.3 Liquidity
- ELES has a Current Ratio of 2.22. This indicates that ELES is financially healthy and has no problem in meeting its short term obligations.
- ELES has a Current ratio (2.22) which is in line with its industry peers.
- A Quick Ratio of 1.57 indicates that ELES should not have too much problems paying its short term obligations.
- ELES has a worse Quick ratio (1.57) than 69.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.22 | ||
| Quick Ratio | 1.57 |
3. Growth
3.1 Past
- ELES shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -84.41%.
- The Earnings Per Share has been growing slightly by 0.68% on average over the past years.
- ELES shows a small growth in Revenue. In the last year, the Revenue has grown by 2.63%.
- Measured over the past years, ELES shows a quite strong growth in Revenue. The Revenue has been growing by 15.31% on average per year.
EPS 1Y (TTM)-84.41%
EPS 3Y4.55%
EPS 5Y0.68%
EPS Q2Q%-490%
Revenue 1Y (TTM)2.63%
Revenue growth 3Y23.37%
Revenue growth 5Y15.31%
Sales Q2Q%-8.6%
3.2 Future
- ELES is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 49.71% yearly.
- ELES is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 12.16% yearly.
EPS Next Y16.67%
EPS Next 2Y47.2%
EPS Next 3Y49.38%
EPS Next 5Y49.71%
Revenue Next Year6.67%
Revenue Next 2Y9.8%
Revenue Next 3Y11.35%
Revenue Next 5Y12.16%
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 estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 318.00, ELES can be considered very expensive at the moment.
- Based on the Price/Earnings ratio, ELES is valued more expensive than 89.86% of the companies in the same industry.
- The average S&P500 Price/Earnings ratio is at 28.39. ELES is valued rather expensively when compared to this.
- Based on the Price/Forward Earnings ratio of 23.98, the valuation of ELES can be described as rather expensive.
- Based on the Price/Forward Earnings ratio, ELES is valued a bit cheaper than 65.22% of the companies in the same industry.
- When comparing the Price/Forward Earnings ratio of ELES to the average of the S&P500 Index (25.72), we can say ELES is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 318 | ||
| Fwd PE | 23.98 |
4.2 Price Multiples
- ELES's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. ELES is cheaper than 85.51% of the companies in the same industry.
- 98.55% of the companies in the same industry are more expensive than ELES, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.95 | ||
| EV/EBITDA | 8.81 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- A more expensive valuation may be justified as ELES's earnings are expected to grow with 49.38% in the coming years.
PEG (NY)19.08
PEG (5Y)465.58
EPS Next 2Y47.2%
EPS Next 3Y49.38%
5. Dividend
5.1 Amount
- ELES does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
ELES SEMICONDUCTOR EQUIPMENT / ELES.MI FAQ
What is the fundamental rating for ELES stock?
ChartMill assigns a fundamental rating of 4 / 10 to ELES.MI.
What is the valuation status of ELES SEMICONDUCTOR EQUIPMENT (ELES.MI) stock?
ChartMill assigns a valuation rating of 4 / 10 to ELES SEMICONDUCTOR EQUIPMENT (ELES.MI). This can be considered as Fairly Valued.
Can you provide the profitability details for ELES SEMICONDUCTOR EQUIPMENT?
ELES SEMICONDUCTOR EQUIPMENT (ELES.MI) has a profitability rating of 4 / 10.
What is the valuation of ELES SEMICONDUCTOR EQUIPMENT based on its PE and PB ratios?
The Price/Earnings (PE) ratio for ELES SEMICONDUCTOR EQUIPMENT (ELES.MI) is 318 and the Price/Book (PB) ratio is 2.07.