MELEXIS NV (MELE.BR) Stock Fundamental Analysis
Europe - Euronext Brussels - EBR:MELE - BE0165385973 - Common Stock
52.9 EUR
+0.65 (+1.24%)
Taking everything into account, MELE scores 6 out of 10 in our fundamental rating. MELE was compared to 60 industry peers in the Semiconductors & Semiconductor Equipment industry. MELE has an excellent profitability rating, but there are some minor concerns on its financial health. MELE is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year MELE was profitable.
In the past year MELE had a positive cash flow from operations.
MELE had positive earnings in each of the past 5 years.
Each year in the past 5 years MELE had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 14.20%, MELE belongs to the best of the industry, outperforming 81.67% of the companies in the same industry.
The Return On Equity of MELE (25.94%) is better than 78.33% of its industry peers.
With a decent Return On Invested Capital value of 15.69%, MELE is doing good in the industry, outperforming 78.33% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for MELE is significantly above the industry average of 15.39%.
The last Return On Invested Capital (15.69%) for MELE is well below the 3 year average (31.03%), which needs to be investigated, but indicates that MELE had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.2% | ||
| ROE | 25.94% | ||
| ROIC | 15.69% |
ROA(3y)25.78%
ROA(5y)24.35%
ROE(3y)36.37%
ROE(5y)32.97%
ROIC(3y)31.03%
ROIC(5y)28.48%
1.3 Margins
With a decent Profit Margin value of 15.42%, MELE is doing good in the industry, outperforming 66.67% of the companies in the same industry.
MELE's Profit Margin has improved in the last couple of years.
MELE has a better Operating Margin (18.29%) than 61.67% of its industry peers.
MELE's Operating Margin has improved in the last couple of years.
The Gross Margin of MELE (40.24%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of MELE has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.29% | ||
| PM (TTM) | 15.42% | ||
| GM | 40.24% |
OM growth 3Y0.51%
OM growth 5Y8.98%
PM growth 3Y-3.36%
PM growth 5Y8.23%
GM growth 3Y0.09%
GM growth 5Y1.54%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so MELE is creating value.
Compared to 1 year ago, MELE has about the same amount of shares outstanding.
MELE has more shares outstanding than it did 5 years ago.
MELE has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 5.90 indicates that MELE is not in any danger for bankruptcy at the moment.
The Altman-Z score of MELE (5.90) is comparable to the rest of the industry.
The Debt to FCF ratio of MELE is 3.48, which is a good value as it means it would take MELE, 3.48 years of fcf income to pay off all of its debts.
MELE has a Debt to FCF ratio of 3.48. This is comparable to the rest of the industry: MELE outperforms 51.67% of its industry peers.
A Debt/Equity ratio of 0.62 indicates that MELE is somewhat dependend on debt financing.
MELE's Debt to Equity ratio of 0.62 is on the low side compared to the rest of the industry. MELE is outperformed by 71.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 3.48 | ||
| Altman-Z | 5.9 |
ROIC/WACC1.47
WACC10.7%
2.3 Liquidity
MELE has a Current Ratio of 5.59. This indicates that MELE is financially healthy and has no problem in meeting its short term obligations.
MELE's Current ratio of 5.59 is amongst the best of the industry. MELE outperforms 95.00% of its industry peers.
MELE has a Quick Ratio of 2.71. This indicates that MELE is financially healthy and has no problem in meeting its short term obligations.
MELE's Quick ratio of 2.71 is amongst the best of the industry. MELE outperforms 85.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.59 | ||
| Quick Ratio | 2.71 |
3. Growth
3.1 Past
The earnings per share for MELE have decreased strongly by -46.51% in the last year.
The Earnings Per Share has been growing by 23.04% on average over the past years. This is a very strong growth
The Revenue for MELE has decreased by -16.57% in the past year. This is quite bad
Measured over the past years, MELE shows a quite strong growth in Revenue. The Revenue has been growing by 13.89% on average per year.
EPS 1Y (TTM)-46.51%
EPS 3Y9.29%
EPS 5Y23.04%
EPS Q2Q%-46.03%
Revenue 1Y (TTM)-16.57%
Revenue growth 3Y13.16%
Revenue growth 5Y13.89%
Sales Q2Q%-13.14%
3.2 Future
The Earnings Per Share is expected to grow by 10.45% on average over the next years. This is quite good.
Based on estimates for the next years, MELE will show a small growth in Revenue. The Revenue will grow by 5.56% on average per year.
EPS Next Y-29.5%
EPS Next 2Y-6.32%
EPS Next 3Y2.1%
EPS Next 5Y10.45%
Revenue Next Year-10.45%
Revenue Next 2Y-0.74%
Revenue Next 3Y2.62%
Revenue Next 5Y5.56%
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 19.74, which indicates a rather expensive current valuation of MELE.
Based on the Price/Earnings ratio, MELE is valued cheaper than 85.00% of the companies in the same industry.
MELE is valuated rather cheaply when we compare the Price/Earnings ratio to 26.15, which is the current average of the S&P500 Index.
MELE is valuated correctly with a Price/Forward Earnings ratio of 14.25.
Based on the Price/Forward Earnings ratio, MELE is valued cheaply inside the industry as 85.00% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of MELE to the average of the S&P500 Index (36.12), we can say MELE is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.74 | ||
| Fwd PE | 14.25 |
4.2 Price Multiples
MELE's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. MELE is cheaper than 78.33% of the companies in the same industry.
85.00% of the companies in the same industry are more expensive than MELE, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.12 | ||
| EV/EBITDA | 11.57 |
4.3 Compensation for Growth
MELE has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.86
EPS Next 2Y-6.32%
EPS Next 3Y2.1%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.56%, MELE has a reasonable but not impressive dividend return.
In the last 3 months the price of MELE has falen by -22.71%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
Compared to an average industry Dividend Yield of 1.14, MELE pays a better dividend. On top of this MELE pays more dividend than 98.33% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.41, MELE has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.56% |
5.2 History
On average, the dividend of MELE grows each year by 10.98%, which is quite nice.
Dividend Growth(5Y)10.98%
Div Incr Years3
Div Non Decr Years6
5.3 Sustainability
112.64% of the earnings are spent on dividend by MELE. This is not a sustainable payout ratio.
The dividend of MELE is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP112.64%
EPS Next 2Y-6.32%
EPS Next 3Y2.1%
EBR:MELE (11/28/2025, 5:29:57 PM)
52.9
+0.65 (+1.24%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners16.58%
Inst Owner ChangeN/A
Ins Owners25%
Ins Owner ChangeN/A
Market Cap2.14B
Revenue(TTM)822.53M
Net Income(TTM)131.83M
Analysts76.67
Price Target75.74 (43.18%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.56% |
Yearly Dividend3.7
Dividend Growth(5Y)10.98%
DP112.64%
Div Incr Years3
Div Non Decr Years6
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)19.96%
Min EPS beat(2)-2.47%
Max EPS beat(2)42.38%
EPS beat(4)1
Avg EPS beat(4)-0.06%
Min EPS beat(4)-38.45%
Max EPS beat(4)42.38%
EPS beat(8)3
Avg EPS beat(8)-0.67%
EPS beat(12)6
Avg EPS beat(12)0.27%
EPS beat(16)10
Avg EPS beat(16)4.23%
Revenue beat(2)1
Avg Revenue beat(2)0.71%
Min Revenue beat(2)-1.87%
Max Revenue beat(2)3.28%
Revenue beat(4)1
Avg Revenue beat(4)-1.66%
Min Revenue beat(4)-5.22%
Max Revenue beat(4)3.28%
Revenue beat(8)1
Avg Revenue beat(8)-1.74%
Revenue beat(12)3
Avg Revenue beat(12)-1.22%
Revenue beat(16)6
Avg Revenue beat(16)-0.6%
PT rev (1m)-2.07%
PT rev (3m)-1.3%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-7.3%
EPS NY rev (1m)-0.32%
EPS NY rev (3m)-0.96%
Revenue NQ rev (1m)0.44%
Revenue NQ rev (3m)0.98%
Revenue NY rev (1m)0.05%
Revenue NY rev (3m)0.34%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.74 | ||
| Fwd PE | 14.25 | ||
| P/S | 2.5 | ||
| P/FCF | 23.12 | ||
| P/OCF | 16.21 | ||
| P/B | 4.2 | ||
| P/tB | 4.22 | ||
| EV/EBITDA | 11.57 |
EPS(TTM)2.68
EY5.07%
EPS(NY)3.71
Fwd EY7.02%
FCF(TTM)2.29
FCFY4.33%
OCF(TTM)3.26
OCFY6.17%
SpS21.17
BVpS12.58
TBVpS12.55
PEG (NY)N/A
PEG (5Y)0.86
Graham Number27.54
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.2% | ||
| ROE | 25.94% | ||
| ROCE | 18.88% | ||
| ROIC | 15.69% | ||
| ROICexc | 16.36% | ||
| ROICexgc | 16.39% | ||
| OM | 18.29% | ||
| PM (TTM) | 15.42% | ||
| GM | 40.24% | ||
| FCFM | 10.81% |
ROA(3y)25.78%
ROA(5y)24.35%
ROE(3y)36.37%
ROE(5y)32.97%
ROIC(3y)31.03%
ROIC(5y)28.48%
ROICexc(3y)38.83%
ROICexc(5y)36.08%
ROICexgc(3y)39.06%
ROICexgc(5y)36.42%
ROCE(3y)37.33%
ROCE(5y)34.27%
ROICexgc growth 3Y-14.81%
ROICexgc growth 5Y1.87%
ROICexc growth 3Y-14.47%
ROICexc growth 5Y2.21%
OM growth 3Y0.51%
OM growth 5Y8.98%
PM growth 3Y-3.36%
PM growth 5Y8.23%
GM growth 3Y0.09%
GM growth 5Y1.54%
F-Score4
Asset Turnover0.92
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 3.48 | ||
| Debt/EBITDA | 1.52 | ||
| Cap/Depr | 77.5% | ||
| Cap/Sales | 4.61% | ||
| Interest Coverage | 14.77 | ||
| Cash Conversion | 63.61% | ||
| Profit Quality | 70.12% | ||
| Current Ratio | 5.59 | ||
| Quick Ratio | 2.71 | ||
| Altman-Z | 5.9 |
F-Score4
WACC10.7%
ROIC/WACC1.47
Cap/Depr(3y)136.47%
Cap/Depr(5y)110.04%
Cap/Sales(3y)6.76%
Cap/Sales(5y)6.25%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-46.51%
EPS 3Y9.29%
EPS 5Y23.04%
EPS Q2Q%-46.03%
EPS Next Y-29.5%
EPS Next 2Y-6.32%
EPS Next 3Y2.1%
EPS Next 5Y10.45%
Revenue 1Y (TTM)-16.57%
Revenue growth 3Y13.16%
Revenue growth 5Y13.89%
Sales Q2Q%-13.14%
Revenue Next Year-10.45%
Revenue Next 2Y-0.74%
Revenue Next 3Y2.62%
Revenue Next 5Y5.56%
EBIT growth 1Y-40.01%
EBIT growth 3Y13.74%
EBIT growth 5Y24.11%
EBIT Next Year-17.12%
EBIT Next 3Y7.11%
EBIT Next 5Y7.45%
FCF growth 1Y533.33%
FCF growth 3Y6.64%
FCF growth 5Y13.04%
OCF growth 1Y213.78%
OCF growth 3Y7.8%
OCF growth 5Y13.55%
MELEXIS NV / MELE.BR FAQ
What is the ChartMill fundamental rating of MELEXIS NV (MELE.BR) stock?
ChartMill assigns a fundamental rating of 6 / 10 to MELE.BR.
What is the valuation status for MELE stock?
ChartMill assigns a valuation rating of 6 / 10 to MELEXIS NV (MELE.BR). This can be considered as Fairly Valued.
How profitable is MELEXIS NV (MELE.BR) stock?
MELEXIS NV (MELE.BR) has a profitability rating of 8 / 10.
What is the financial health of MELEXIS NV (MELE.BR) stock?
The financial health rating of MELEXIS NV (MELE.BR) is 6 / 10.
Can you provide the dividend sustainability for MELE stock?
The dividend rating of MELEXIS NV (MELE.BR) is 4 / 10 and the dividend payout ratio is 112.64%.