ELMOS SEMICONDUCTOR SE (ELG.DE) Stock Fundamental Analysis
FRA:ELG - Deutsche Boerse Ag - DE0005677108 - Common Stock - Currency: EUR
Overall ELG gets a fundamental rating of 6 out of 10. We evaluated ELG against 51 industry peers in the Semiconductors & Semiconductor Equipment industry. While ELG has a great profitability rating, there are some minor concerns on its financial health. ELG has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
ELG had positive earnings in the past year.
In the past year ELG had a positive cash flow from operations.
Each year in the past 5 years ELG has been profitable.
Each year in the past 5 years ELG had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 12.43%, ELG is doing good in the industry, outperforming 66.67% of the companies in the same industry.
With a decent Return On Equity value of 20.10%, ELG is doing good in the industry, outperforming 61.11% of the companies in the same industry.
ELG has a better Return On Invested Capital (16.40%) than 74.07% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ELG is below the industry average of 17.06%.
The 3 year average ROIC (15.02%) for ELG is below the current ROIC(16.40%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.43% | ||
| ROE | 20.1% | ||
| ROIC | 16.4% |
ROA(3y)11.63%
ROA(5y)11.2%
ROE(3y)18.43%
ROE(5y)16.53%
ROIC(3y)15.02%
ROIC(5y)10.83%
1.3 Margins
ELG's Profit Margin of 17.25% is in line compared to the rest of the industry. ELG outperforms 55.56% of its industry peers.
ELG's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 26.07%, ELG is in the better half of the industry, outperforming 64.81% of the companies in the same industry.
In the last couple of years the Operating Margin of ELG has grown nicely.
ELG's Gross Margin of 46.63% is in line compared to the rest of the industry. ELG outperforms 48.15% of its industry peers.
In the last couple of years the Gross Margin of ELG has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26.07% | ||
| PM (TTM) | 17.25% | ||
| GM | 46.63% |
OM growth 3Y79.08%
OM growth 5Y7.27%
PM growth 3Y84.17%
PM growth 5Y4.31%
GM growth 3Y5.84%
GM growth 5Y1.01%
2. Health
2.1 Basic Checks
ELG has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for ELG remains at a similar level compared to 1 year ago.
ELG has less shares outstanding than it did 5 years ago.
The debt/assets ratio for ELG has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 4.76 indicates that ELG is not in any danger for bankruptcy at the moment.
With a Altman-Z score value of 4.76, ELG perfoms like the industry average, outperforming 59.26% of the companies in the same industry.
The Debt to FCF ratio of ELG is 3.12, which is a good value as it means it would take ELG, 3.12 years of fcf income to pay off all of its debts.
ELG has a Debt to FCF ratio (3.12) which is in line with its industry peers.
A Debt/Equity ratio of 0.19 indicates that ELG is not too dependend on debt financing.
ELG's Debt to Equity ratio of 0.19 is fine compared to the rest of the industry. ELG outperforms 61.11% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 3.12 | ||
| Altman-Z | 4.76 |
ROIC/WACC1.65
WACC9.95%
2.3 Liquidity
A Current Ratio of 2.31 indicates that ELG has no problem at all paying its short term obligations.
ELG has a Current ratio (2.31) which is comparable to the rest of the industry.
A Quick Ratio of 1.25 indicates that ELG should not have too much problems paying its short term obligations.
ELG has a Quick ratio (1.25) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.31 | ||
| Quick Ratio | 1.25 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 9.58% over the past year.
Measured over the past years, ELG shows a very strong growth in Earnings Per Share. The EPS has been growing by 26.61% on average per year.
ELG shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.82%.
ELG shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 17.76% yearly.
EPS 1Y (TTM)9.58%
EPS 3Y155.56%
EPS 5Y26.61%
EPS Q2Q%-8.59%
Revenue 1Y (TTM)8.82%
Revenue growth 3Y35.22%
Revenue growth 5Y17.76%
Sales Q2Q%3.36%
3.2 Future
The Earnings Per Share is expected to grow by 4.42% on average over the next years.
ELG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.06% yearly.
EPS Next Y-0.37%
EPS Next 2Y0.22%
EPS Next 3Y4.42%
EPS Next 5YN/A
Revenue Next Year1.85%
Revenue Next 2Y0.97%
Revenue Next 3Y3.43%
Revenue Next 5Y5.06%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 11.07, the valuation of ELG can be described as very reasonable.
85.19% of the companies in the same industry are more expensive than ELG, based on the Price/Earnings ratio.
ELG's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.63.
Based on the Price/Forward Earnings ratio of 11.61, the valuation of ELG can be described as reasonable.
Based on the Price/Forward Earnings ratio, ELG is valued cheaply inside the industry as 88.89% of the companies are valued more expensively.
ELG is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 21.72, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.07 | ||
| Fwd PE | 11.61 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ELG is valued a bit cheaper than 79.63% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, ELG is valued a bit cheaper than 61.11% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 35.74 | ||
| EV/EBITDA | 5.98 |
4.3 Compensation for Growth
ELG has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.42
EPS Next 2Y0.22%
EPS Next 3Y4.42%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.32%, ELG has a reasonable but not impressive dividend return.
ELG's Dividend Yield is a higher than the industry average which is at 1.40.
Compared to an average S&P500 Dividend Yield of 2.39, ELG's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.32% |
5.2 History
On average, the dividend of ELG grows each year by 13.35%, which is quite nice.
Dividend Growth(5Y)13.35%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
14.27% of the earnings are spent on dividend by ELG. This is a low number and sustainable payout ratio.
ELG's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP14.27%
EPS Next 2Y0.22%
EPS Next 3Y4.42%
FRA:ELG (3/21/2025, 7:00:00 PM)
66.1
-0.4 (-0.6%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners18.14%
Inst Owner ChangeN/A
Ins Owners17.04%
Ins Owner ChangeN/A
Market Cap1.17B
Analysts78
Price Target90.61 (37.08%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.32% |
Yearly Dividend0.75
Dividend Growth(5Y)13.35%
DP14.27%
Div Incr Years3
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)7.46%
Min EPS beat(2)-0.32%
Max EPS beat(2)15.24%
EPS beat(4)3
Avg EPS beat(4)7.5%
Min EPS beat(4)-0.32%
Max EPS beat(4)15.24%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)1.54%
Min Revenue beat(2)1.51%
Max Revenue beat(2)1.57%
Revenue beat(4)4
Avg Revenue beat(4)1.11%
Min Revenue beat(4)0.01%
Max Revenue beat(4)1.57%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)1.14%
PT rev (3m)-0.19%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.76%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.89%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.07 | ||
| Fwd PE | 11.61 | ||
| P/S | 1.98 | ||
| P/FCF | 35.74 | ||
| P/OCF | 9.91 | ||
| P/B | 2.3 | ||
| P/tB | 2.61 | ||
| EV/EBITDA | 5.98 |
EPS(TTM)5.97
EY9.03%
EPS(NY)5.69
Fwd EY8.62%
FCF(TTM)1.85
FCFY2.8%
OCF(TTM)6.67
OCFY10.09%
SpS33.44
BVpS28.7
TBVpS25.3
PEG (NY)N/A
PEG (5Y)0.42
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.43% | ||
| ROE | 20.1% | ||
| ROCE | 24.83% | ||
| ROIC | 16.4% | ||
| ROICexc | 18.74% | ||
| ROICexgc | 21.07% | ||
| OM | 26.07% | ||
| PM (TTM) | 17.25% | ||
| GM | 46.63% | ||
| FCFM | 5.53% |
ROA(3y)11.63%
ROA(5y)11.2%
ROE(3y)18.43%
ROE(5y)16.53%
ROIC(3y)15.02%
ROIC(5y)10.83%
ROICexc(3y)17.12%
ROICexc(5y)12.69%
ROICexgc(3y)18.89%
ROICexgc(5y)14.06%
ROCE(3y)22.73%
ROCE(5y)16.4%
ROICexcg growth 3Y111.93%
ROICexcg growth 5Y13.36%
ROICexc growth 3Y112.59%
ROICexc growth 5Y13.92%
OM growth 3Y79.08%
OM growth 5Y7.27%
PM growth 3Y84.17%
PM growth 5Y4.31%
GM growth 3Y5.84%
GM growth 5Y1.01%
F-Score5
Asset Turnover0.72
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 3.12 | ||
| Debt/EBITDA | 0.5 | ||
| Cap/Depr | 199.71% | ||
| Cap/Sales | 14.42% | ||
| Interest Coverage | 52.35 | ||
| Cash Conversion | 59.93% | ||
| Profit Quality | 32.06% | ||
| Current Ratio | 2.31 | ||
| Quick Ratio | 1.25 | ||
| Altman-Z | 4.76 |
F-Score5
WACC9.95%
ROIC/WACC1.65
Cap/Depr(3y)237.65%
Cap/Depr(5y)186.68%
Cap/Sales(3y)20.73%
Cap/Sales(5y)18.01%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)9.58%
EPS 3Y155.56%
EPS 5Y26.61%
EPS Q2Q%-8.59%
EPS Next Y-0.37%
EPS Next 2Y0.22%
EPS Next 3Y4.42%
EPS Next 5YN/A
Revenue 1Y (TTM)8.82%
Revenue growth 3Y35.22%
Revenue growth 5Y17.76%
Sales Q2Q%3.36%
Revenue Next Year1.85%
Revenue Next 2Y0.97%
Revenue Next 3Y3.43%
Revenue Next 5Y5.06%
EBIT growth 1Y8.64%
EBIT growth 3Y142.16%
EBIT growth 5Y26.33%
EBIT Next Year28.37%
EBIT Next 3Y11.97%
EBIT Next 5Y11.55%
FCF growth 1Y212.79%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y28.43%
OCF growth 3Y55.54%
OCF growth 5Y16.23%