INFINEON TECHNOLOGIES AG (IFX.DE) Stock Fundamental Analysis
FRA:IFX - Deutsche Boerse Ag - DE0006231004 - Common Stock - Currency: EUR
Taking everything into account, IFX scores 4 out of 10 in our fundamental rating. IFX was compared to 53 industry peers in the Semiconductors & Semiconductor Equipment industry. IFX has only an average score on both its financial health and profitability. IFX is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year IFX was profitable.
IFX had a positive operating cash flow in the past year.
Each year in the past 5 years IFX has been profitable.
In the past 5 years IFX always reported a positive cash flow from operatings.
1.2 Ratios
IFX has a worse Return On Assets (3.13%) than 71.70% of its industry peers.
IFX has a worse Return On Equity (5.11%) than 69.81% of its industry peers.
The Return On Invested Capital of IFX (5.98%) is worse than 64.15% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for IFX is below the industry average of 15.36%.
The last Return On Invested Capital (5.98%) for IFX is well below the 3 year average (11.24%), which needs to be investigated, but indicates that IFX had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.13% | ||
| ROE | 5.11% | ||
| ROIC | 5.98% |
ROA(3y)7.79%
ROA(5y)5.95%
ROE(3y)13.34%
ROE(5y)10.66%
ROIC(3y)11.24%
ROIC(5y)8.52%
1.3 Margins
The Profit Margin of IFX (6.34%) is worse than 75.47% of its industry peers.
In the last couple of years the Profit Margin of IFX has declined.
The Operating Margin of IFX (12.38%) is worse than 64.15% of its industry peers.
IFX's Operating Margin has improved in the last couple of years.
IFX's Gross Margin of 39.68% is on the low side compared to the rest of the industry. IFX is outperformed by 69.81% of its industry peers.
IFX's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.38% | ||
| PM (TTM) | 6.34% | ||
| GM | 39.68% |
OM growth 3Y8.56%
OM growth 5Y3.29%
PM growth 3Y-6.29%
PM growth 5Y-4.73%
GM growth 3Y1.76%
GM growth 5Y1.71%
2. Health
2.1 Basic Checks
IFX has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
IFX has less shares outstanding than it did 1 year ago.
IFX has more shares outstanding than it did 5 years ago.
The debt/assets ratio for IFX is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.28 indicates that IFX is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.28, IFX is doing worse than 66.04% of the companies in the same industry.
The Debt to FCF ratio of IFX is 7.98, which is on the high side as it means it would take IFX, 7.98 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of IFX (7.98) is comparable to the rest of the industry.
IFX has a Debt/Equity ratio of 0.26. This is a healthy value indicating a solid balance between debt and equity.
IFX has a Debt to Equity ratio (0.26) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 7.98 | ||
| Altman-Z | 3.28 |
ROIC/WACC0.6
WACC9.96%
2.3 Liquidity
A Current Ratio of 1.98 indicates that IFX should not have too much problems paying its short term obligations.
With a Current ratio value of 1.98, IFX is not doing good in the industry: 64.15% of the companies in the same industry are doing better.
A Quick Ratio of 1.11 indicates that IFX should not have too much problems paying its short term obligations.
IFX's Quick ratio of 1.11 is on the low side compared to the rest of the industry. IFX is outperformed by 69.81% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.98 | ||
| Quick Ratio | 1.11 |
3. Growth
3.1 Past
IFX shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -33.86%.
IFX shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 15.75% yearly.
Looking at the last year, IFX shows a decrease in Revenue. The Revenue has decreased by -8.61% in the last year.
Measured over the past years, IFX shows a quite strong growth in Revenue. The Revenue has been growing by 13.25% on average per year.
EPS 1Y (TTM)-33.86%
EPS 3Y15.94%
EPS 5Y15.75%
EPS Q2Q%-35.85%
Revenue 1Y (TTM)-8.61%
Revenue growth 3Y10.58%
Revenue growth 5Y13.25%
Sales Q2Q%-7.51%
3.2 Future
Based on estimates for the next years, IFX will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.26% on average per year.
The Revenue is expected to grow by 6.89% on average over the next years.
EPS Next Y-14.23%
EPS Next 2Y8.38%
EPS Next 3Y12.89%
EPS Next 5Y10.26%
Revenue Next Year0.6%
Revenue Next 2Y5.87%
Revenue Next 3Y7.34%
Revenue Next 5Y6.89%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past 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
Based on the Price/Earnings ratio of 17.87, the valuation of IFX can be described as rather expensive.
60.38% of the companies in the same industry are more expensive than IFX, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 28.22. IFX is valued slightly cheaper when compared to this.
The Price/Forward Earnings ratio is 13.67, which indicates a correct valuation of IFX.
IFX's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. IFX is cheaper than 69.81% of the companies in the same industry.
IFX's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 20.86.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.87 | ||
| Fwd PE | 13.67 |
4.2 Price Multiples
IFX's Enterprise Value to EBITDA is on the same level as the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of IFX is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 58.61 | ||
| EV/EBITDA | 11.28 |
4.3 Compensation for Growth
A more expensive valuation may be justified as IFX's earnings are expected to grow with 12.89% in the coming years.
PEG (NY)N/A
PEG (5Y)1.13
EPS Next 2Y8.38%
EPS Next 3Y12.89%
5. Dividend
5.1 Amount
IFX has a Yearly Dividend Yield of 1.21%.
IFX's Dividend Yield is a higher than the industry average which is at 1.50.
With a Dividend Yield of 1.21, IFX pays less dividend than the S&P500 average, which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.21% |
5.2 History
The dividend of IFX is nicely growing with an annual growth rate of 6.41%!
Dividend Growth(5Y)6.41%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
IFX pays out 48.98% of its income as dividend. This is a bit on the high side, but may be sustainable.
IFX's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP48.98%
EPS Next 2Y8.38%
EPS Next 3Y12.89%
FRA:IFX (5/2/2025, 7:00:00 PM)
30.025
+1.13 (+3.93%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners53.97%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap39.21B
Analysts80.65
Price Target41.48 (38.15%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.21% |
Yearly Dividend0.35
Dividend Growth(5Y)6.41%
DP48.98%
Div Incr Years3
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)13.37%
Min EPS beat(2)2.81%
Max EPS beat(2)23.94%
EPS beat(4)4
Avg EPS beat(4)9.72%
Min EPS beat(4)1.58%
Max EPS beat(4)23.94%
EPS beat(8)8
Avg EPS beat(8)9.31%
EPS beat(12)12
Avg EPS beat(12)9.09%
EPS beat(16)14
Avg EPS beat(16)8.5%
Revenue beat(2)1
Avg Revenue beat(2)1.54%
Min Revenue beat(2)-2.46%
Max Revenue beat(2)5.55%
Revenue beat(4)1
Avg Revenue beat(4)-0.06%
Min Revenue beat(4)-3.32%
Max Revenue beat(4)5.55%
Revenue beat(8)3
Avg Revenue beat(8)-0.34%
Revenue beat(12)6
Avg Revenue beat(12)0.43%
Revenue beat(16)8
Avg Revenue beat(16)0.38%
PT rev (1m)-2.7%
PT rev (3m)4.76%
EPS NQ rev (1m)3.77%
EPS NQ rev (3m)7.26%
EPS NY rev (1m)1.4%
EPS NY rev (3m)8.3%
Revenue NQ rev (1m)0.39%
Revenue NQ rev (3m)5.39%
Revenue NY rev (1m)-0.25%
Revenue NY rev (3m)3.62%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.87 | ||
| Fwd PE | 13.67 | ||
| P/S | 2.67 | ||
| P/FCF | 58.61 | ||
| P/OCF | 11.31 | ||
| P/B | 2.15 | ||
| P/tB | 4.87 | ||
| EV/EBITDA | 11.28 |
EPS(TTM)1.68
EY5.6%
EPS(NY)2.2
Fwd EY7.32%
FCF(TTM)0.51
FCFY1.71%
OCF(TTM)2.65
OCFY8.84%
SpS11.24
BVpS13.96
TBVpS6.17
PEG (NY)N/A
PEG (5Y)1.13
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.13% | ||
| ROE | 5.11% | ||
| ROCE | 7.35% | ||
| ROIC | 5.98% | ||
| ROICexc | 6.49% | ||
| ROICexgc | 11.74% | ||
| OM | 12.38% | ||
| PM (TTM) | 6.34% | ||
| GM | 39.68% | ||
| FCFM | 4.56% |
ROA(3y)7.79%
ROA(5y)5.95%
ROE(3y)13.34%
ROE(5y)10.66%
ROIC(3y)11.24%
ROIC(5y)8.52%
ROICexc(3y)13.19%
ROICexc(5y)10.13%
ROICexgc(3y)27.93%
ROICexgc(5y)22.61%
ROCE(3y)13.84%
ROCE(5y)10.48%
ROICexcg growth 3Y-5.66%
ROICexcg growth 5Y1.68%
ROICexc growth 3Y6.77%
ROICexc growth 5Y-4.81%
OM growth 3Y8.56%
OM growth 5Y3.29%
PM growth 3Y-6.29%
PM growth 5Y-4.73%
GM growth 3Y1.76%
GM growth 5Y1.71%
F-Score5
Asset Turnover0.49
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 7.98 | ||
| Debt/EBITDA | 1.28 | ||
| Cap/Depr | 147.52% | ||
| Cap/Sales | 19.06% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 93.35% | ||
| Profit Quality | 71.86% | ||
| Current Ratio | 1.98 | ||
| Quick Ratio | 1.11 | ||
| Altman-Z | 3.28 |
F-Score5
WACC9.96%
ROIC/WACC0.6
Cap/Depr(3y)151.77%
Cap/Depr(5y)128.29%
Cap/Sales(3y)17.6%
Cap/Sales(5y)15.83%
Profit Quality(3y)37.85%
Profit Quality(5y)92.91%
High Growth Momentum
Growth
EPS 1Y (TTM)-33.86%
EPS 3Y15.94%
EPS 5Y15.75%
EPS Q2Q%-35.85%
EPS Next Y-14.23%
EPS Next 2Y8.38%
EPS Next 3Y12.89%
EPS Next 5Y10.26%
Revenue 1Y (TTM)-8.61%
Revenue growth 3Y10.58%
Revenue growth 5Y13.25%
Sales Q2Q%-7.51%
Revenue Next Year0.6%
Revenue Next 2Y5.87%
Revenue Next 3Y7.34%
Revenue Next 5Y6.89%
EBIT growth 1Y-51.42%
EBIT growth 3Y20.04%
EBIT growth 5Y16.98%
EBIT Next Year58.53%
EBIT Next 3Y35.42%
EBIT Next 5Y23.07%
FCF growth 1Y-48.85%
FCF growth 3Y-66.12%
FCF growth 5Y-16.47%
OCF growth 1Y-9.15%
OCF growth 3Y-3.2%
OCF growth 5Y11.67%