INFINEON TECHNOLOGIES AG (IFX.DE) Stock Fundamental Analysis
FRA:IFX - Deutsche Boerse Ag - DE0006231004 - Common Stock - Currency: EUR
IFX gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 51 industry peers in the Semiconductors & Semiconductor Equipment industry. IFX has only an average score on both its financial health and profitability. IFX is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
IFX had positive earnings in the past year.
In the past year IFX had a positive cash flow from operations.
In the past 5 years IFX has always been profitable.
In the past 5 years IFX always reported a positive cash flow from operatings.
1.2 Ratios
IFX's Return On Assets of 3.13% is on the low side compared to the rest of the industry. IFX is outperformed by 70.59% of its industry peers.
With a Return On Equity value of 5.11%, IFX is not doing good in the industry: 68.63% of the companies in the same industry are doing better.
With a Return On Invested Capital value of 5.98%, IFX is not doing good in the industry: 64.71% of the companies in the same industry are doing better.
IFX had an Average Return On Invested Capital over the past 3 years of 11.24%. This is below the industry average of 15.59%.
The 3 year average ROIC (11.24%) for IFX is well above the current ROIC(5.98%). The reason for the recent decline needs to be investigated.
| 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 74.51% 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 62.75% of its industry peers.
In the last couple of years the Operating Margin of IFX has grown nicely.
IFX's Gross Margin of 39.68% is on the low side compared to the rest of the industry. IFX is outperformed by 68.63% 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.
Compared to 1 year ago, IFX has less shares outstanding
Compared to 5 years ago, IFX has more shares outstanding
The debt/assets ratio for IFX is higher compared to a year ago.
2.2 Solvency
IFX has an Altman-Z score of 3.60. This indicates that IFX is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of IFX (3.60) is worse than 66.67% of its industry peers.
IFX has a debt to FCF ratio of 7.98. This is a slightly negative value and a sign of low solvency as IFX would need 7.98 years to pay back of all of its debts.
IFX's Debt to FCF ratio of 7.98 is in line compared to the rest of the industry. IFX outperforms 45.10% of its industry peers.
A Debt/Equity ratio of 0.26 indicates that IFX is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.26, IFX is in line with its industry, outperforming 49.02% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 7.98 | ||
| Altman-Z | 3.6 |
ROIC/WACC0.61
WACC9.78%
2.3 Liquidity
IFX has a Current Ratio of 1.98. This is a normal value and indicates that IFX is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.98, IFX is doing worse than 60.78% of the companies in the same industry.
IFX has a Quick Ratio of 1.11. This is a normal value and indicates that IFX is financially healthy and should not expect problems in meeting 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 70.59% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.98 | ||
| Quick Ratio | 1.11 |
3. Growth
3.1 Past
The earnings per share for IFX have decreased strongly by -29.52% in the last year.
Measured over the past years, IFX shows a quite strong growth in Earnings Per Share. The EPS has been growing by 15.75% on average per year.
Looking at the last year, IFX shows a decrease in Revenue. The Revenue has decreased by -8.30% in the last year.
The Revenue has been growing by 13.25% on average over the past years. This is quite good.
EPS 1Y (TTM)-29.52%
EPS 3Y15.94%
EPS 5Y15.75%
EPS Q2Q%-19.05%
Revenue 1Y (TTM)-8.3%
Revenue growth 3Y10.58%
Revenue growth 5Y13.25%
Sales Q2Q%-1.13%
3.2 Future
The Earnings Per Share is expected to grow by 10.26% on average over the next years. This is quite good.
Based on estimates for the next years, IFX will show a small growth in Revenue. The Revenue will grow by 6.89% on average per year.
EPS Next Y-14.23%
EPS Next 2Y8.38%
EPS Next 3Y12.89%
EPS Next 5Y10.26%
Revenue Next Year0.27%
Revenue Next 2Y5.38%
Revenue Next 3Y6.89%
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
The Price/Earnings ratio is 21.52, which indicates a rather expensive current valuation of IFX.
Compared to the rest of the industry, the Price/Earnings ratio of IFX is on the same level as its industry peers.
IFX is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.35, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 15.68, which indicates a correct valuation of IFX.
IFX's Price/Forward Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.20, IFX is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.53 | ||
| Fwd PE | 15.68 |
4.2 Price Multiples
IFX's Enterprise Value to EBITDA ratio is in line with the industry average.
The rest of the industry has a similar Price/Free Cash Flow ratio as IFX.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 67.23 | ||
| EV/EBITDA | 12.92 |
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)1.37
EPS Next 2Y8.38%
EPS Next 3Y12.89%
5. Dividend
5.1 Amount
IFX has a Yearly Dividend Yield of 1.01%.
Compared to an average industry Dividend Yield of 1.40, IFX pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.40, IFX's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.01% |
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
48.98% of the earnings are spent on dividend by IFX. This is a bit on the high side, but may be sustainable.
The dividend of IFX is growing, but earnings are growing more, so the dividend growth is sustainable.
DP48.98%
EPS Next 2Y8.38%
EPS Next 3Y12.89%
FRA:IFX (5/28/2025, 5:36:15 PM)
34.44
-0.26 (-0.73%)
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 Cap44.98B
Analysts80.65
Price Target41.39 (20.18%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.01% |
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)-3.11%
PT rev (3m)-4.26%
EPS NQ rev (1m)-1.98%
EPS NQ rev (3m)4.23%
EPS NY rev (1m)0%
EPS NY rev (3m)1.46%
Revenue NQ rev (1m)-0.6%
Revenue NQ rev (3m)4.3%
Revenue NY rev (1m)-0.33%
Revenue NY rev (3m)-0.43%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.53 | ||
| Fwd PE | 15.68 | ||
| P/S | 3.06 | ||
| P/FCF | 67.23 | ||
| P/OCF | 12.98 | ||
| P/B | 2.47 | ||
| P/tB | 5.58 | ||
| EV/EBITDA | 12.92 |
EPS(TTM)1.6
EY4.65%
EPS(NY)2.2
Fwd EY6.38%
FCF(TTM)0.51
FCFY1.49%
OCF(TTM)2.65
OCFY7.71%
SpS11.24
BVpS13.96
TBVpS6.17
PEG (NY)N/A
PEG (5Y)1.37
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 | 3.6 |
F-Score5
WACC9.78%
ROIC/WACC0.61
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)-29.52%
EPS 3Y15.94%
EPS 5Y15.75%
EPS Q2Q%-19.05%
EPS Next Y-14.23%
EPS Next 2Y8.38%
EPS Next 3Y12.89%
EPS Next 5Y10.26%
Revenue 1Y (TTM)-8.3%
Revenue growth 3Y10.58%
Revenue growth 5Y13.25%
Sales Q2Q%-1.13%
Revenue Next Year0.27%
Revenue Next 2Y5.38%
Revenue Next 3Y6.89%
Revenue Next 5Y6.89%
EBIT growth 1Y-51.42%
EBIT growth 3Y20.04%
EBIT growth 5Y16.98%
EBIT Next Year45.14%
EBIT Next 3Y32.02%
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%