SILTRONIC AG (WAF.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:WAF - DE000WAF3001 - Common Stock
49.12 EUR
+0.58 (+1.19%)
We assign a fundamental rating of 2 out of 10 to WAF. WAF was compared to 62 industry peers in the Semiconductors & Semiconductor Equipment industry. Both the profitability and financial health of WAF have multiple concerns. WAF does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
WAF had negative earnings in the past year.
WAF had a positive operating cash flow in the past year.
Each year in the past 5 years WAF has been profitable.
WAF had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of WAF (-0.56%) is worse than 78.33% of its industry peers.
The Return On Equity of WAF (-1.44%) is worse than 76.67% of its industry peers.
WAF's Return On Invested Capital of 0.62% is on the low side compared to the rest of the industry. WAF is outperformed by 73.33% of its industry peers.
WAF had an Average Return On Invested Capital over the past 3 years of 5.92%. This is significantly below the industry average of 15.39%.
The 3 year average ROIC (5.92%) for WAF is well above the current ROIC(0.62%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.56% | ||
| ROE | -1.44% | ||
| ROIC | 0.62% |
ROA(3y)4.99%
ROA(5y)6.73%
ROE(3y)11.18%
ROE(5y)15.06%
ROIC(3y)5.92%
ROIC(5y)7.59%
1.3 Margins
In the last couple of years the Profit Margin of WAF has declined.
Looking at the Operating Margin, with a value of 2.59%, WAF is doing worse than 76.67% of the companies in the same industry.
WAF's Operating Margin has declined in the last couple of years.
The Gross Margin of WAF (13.25%) is worse than 85.00% of its industry peers.
In the last couple of years the Gross Margin of WAF has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.59% | ||
| PM (TTM) | N/A | ||
| GM | 13.25% |
OM growth 3Y-25.86%
OM growth 5Y-19.16%
PM growth 3Y-37.22%
PM growth 5Y-24.15%
GM growth 3Y-14.69%
GM growth 5Y-11.56%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so WAF is destroying value.
The number of shares outstanding for WAF remains at a similar level compared to 1 year ago.
The number of shares outstanding for WAF remains at a similar level compared to 5 years ago.
The debt/assets ratio for WAF is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.94, we must say that WAF is in the distress zone and has some risk of bankruptcy.
WAF has a worse Altman-Z score (0.94) than 81.67% of its industry peers.
WAF has a Debt/Equity ratio of 0.76. This is a neutral value indicating WAF is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.76, WAF is doing worse than 75.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.76 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.94 |
ROIC/WACC0.07
WACC9.05%
2.3 Liquidity
A Current Ratio of 1.93 indicates that WAF should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.93, WAF is in line with its industry, outperforming 45.00% of the companies in the same industry.
WAF has a Quick Ratio of 1.34. This is a normal value and indicates that WAF is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of WAF (1.34) is worse than 61.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.93 | ||
| Quick Ratio | 1.34 |
3. Growth
3.1 Past
WAF shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -128.35%.
Measured over the past years, WAF shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -22.44% on average per year.
The Revenue has decreased by -5.17% in the past year.
WAF shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.15% yearly.
EPS 1Y (TTM)-128.35%
EPS 3Y-37%
EPS 5Y-22.44%
EPS Q2Q%-315%
Revenue 1Y (TTM)-5.17%
Revenue growth 3Y0.18%
Revenue growth 5Y2.15%
Sales Q2Q%-15.95%
3.2 Future
WAF is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -36.58% yearly.
WAF is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.44% yearly.
EPS Next Y-217.25%
EPS Next 2Y-85.48%
EPS Next 3Y-42.78%
EPS Next 5Y-36.58%
Revenue Next Year-5.56%
Revenue Next 2Y1.43%
Revenue Next 3Y4.53%
Revenue Next 5Y5.44%
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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
WAF reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for WAF. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of WAF indicates a rather cheap valuation: WAF is cheaper than 86.67% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 6.86 |
4.3 Compensation for Growth
WAF's earnings are expected to decrease with -42.78% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-85.48%
EPS Next 3Y-42.78%
5. Dividend
5.1 Amount
With a yearly dividend of 0.38%, WAF is not a good candidate for dividend investing.
WAF's Dividend Yield is comparable with the industry average which is at 1.15.
With a Dividend Yield of 0.38, WAF pays less dividend than the S&P500 average, which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.38% |
5.2 History
The dividend of WAF decreases each year by -24.83%.
Dividend Growth(5Y)-24.83%
Div Incr Years1
Div Non Decr Years3
5.3 Sustainability
The earnings of WAF are negative and hence is the payout ratio. WAF will probably not be able to sustain this dividend level.
WAF's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP-22.14%
EPS Next 2Y-85.48%
EPS Next 3Y-42.78%
FRA:WAF (11/28/2025, 7:00:00 PM)
49.12
+0.58 (+1.19%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners38.86%
Inst Owner ChangeN/A
Ins Owners2.97%
Ins Owner ChangeN/A
Market Cap1.47B
Revenue(TTM)1.34B
Net Income(TTM)-27.10M
Analysts72.5
Price Target58.73 (19.56%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.38% |
Yearly Dividend1.2
Dividend Growth(5Y)-24.83%
DP-22.14%
Div Incr Years1
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)93.41%
Min EPS beat(2)13.04%
Max EPS beat(2)173.77%
EPS beat(4)4
Avg EPS beat(4)89.06%
Min EPS beat(4)13.04%
Max EPS beat(4)173.77%
EPS beat(8)8
Avg EPS beat(8)249.77%
EPS beat(12)12
Avg EPS beat(12)172.48%
EPS beat(16)16
Avg EPS beat(16)137.53%
Revenue beat(2)1
Avg Revenue beat(2)0.03%
Min Revenue beat(2)-1.12%
Max Revenue beat(2)1.18%
Revenue beat(4)3
Avg Revenue beat(4)1.29%
Min Revenue beat(4)-1.12%
Max Revenue beat(4)4.55%
Revenue beat(8)5
Avg Revenue beat(8)1.53%
Revenue beat(12)5
Avg Revenue beat(12)0.74%
Revenue beat(16)9
Avg Revenue beat(16)2.05%
PT rev (1m)19.98%
PT rev (3m)19.98%
EPS NQ rev (1m)-10.76%
EPS NQ rev (3m)-9.18%
EPS NY rev (1m)6.49%
EPS NY rev (3m)16.12%
Revenue NQ rev (1m)-1.45%
Revenue NQ rev (3m)-0.73%
Revenue NY rev (1m)0.22%
Revenue NY rev (3m)-0.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 1.1 | ||
| P/FCF | N/A | ||
| P/OCF | 6.14 | ||
| P/B | 0.78 | ||
| P/tB | 0.81 | ||
| EV/EBITDA | 6.86 |
EPS(TTM)-0.91
EYN/A
EPS(NY)-3.04
Fwd EYN/A
FCF(TTM)-6.73
FCFYN/A
OCF(TTM)8
OCFY16.29%
SpS44.53
BVpS62.6
TBVpS60.83
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.56% | ||
| ROE | -1.44% | ||
| ROCE | 0.8% | ||
| ROIC | 0.62% | ||
| ROICexc | 0.71% | ||
| ROICexgc | 0.72% | ||
| OM | 2.59% | ||
| PM (TTM) | N/A | ||
| GM | 13.25% | ||
| FCFM | N/A |
ROA(3y)4.99%
ROA(5y)6.73%
ROE(3y)11.18%
ROE(5y)15.06%
ROIC(3y)5.92%
ROIC(5y)7.59%
ROICexc(3y)7.82%
ROICexc(5y)10.16%
ROICexgc(3y)7.88%
ROICexgc(5y)10.29%
ROCE(3y)7.68%
ROCE(5y)9.84%
ROICexgc growth 3Y-44.73%
ROICexgc growth 5Y-35.13%
ROICexc growth 3Y-44.63%
ROICexc growth 5Y-34.99%
OM growth 3Y-25.86%
OM growth 5Y-19.16%
PM growth 3Y-37.22%
PM growth 5Y-24.15%
GM growth 3Y-14.69%
GM growth 5Y-11.56%
F-Score3
Asset Turnover0.28
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.76 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 4.44 | ||
| Cap/Depr | 153.05% | ||
| Cap/Sales | 33.09% | ||
| Interest Coverage | 0.68 | ||
| Cash Conversion | 74.21% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.93 | ||
| Quick Ratio | 1.34 | ||
| Altman-Z | 0.94 |
F-Score3
WACC9.05%
ROIC/WACC0.07
Cap/Depr(3y)469.91%
Cap/Depr(5y)363.78%
Cap/Sales(3y)59.95%
Cap/Sales(5y)44.95%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-128.35%
EPS 3Y-37%
EPS 5Y-22.44%
EPS Q2Q%-315%
EPS Next Y-217.25%
EPS Next 2Y-85.48%
EPS Next 3Y-42.78%
EPS Next 5Y-36.58%
Revenue 1Y (TTM)-5.17%
Revenue growth 3Y0.18%
Revenue growth 5Y2.15%
Sales Q2Q%-15.95%
Revenue Next Year-5.56%
Revenue Next 2Y1.43%
Revenue Next 3Y4.53%
Revenue Next 5Y5.44%
EBIT growth 1Y-74.31%
EBIT growth 3Y-25.73%
EBIT growth 5Y-17.43%
EBIT Next Year171.24%
EBIT Next 3Y63.45%
EBIT Next 5Y42.11%
FCF growth 1Y72.23%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-53.3%
OCF growth 3Y-11.74%
OCF growth 5Y-2.21%
SILTRONIC AG / WAF.DE FAQ
Can you provide the ChartMill fundamental rating for SILTRONIC AG?
ChartMill assigns a fundamental rating of 2 / 10 to WAF.DE.
Can you provide the valuation status for SILTRONIC AG?
ChartMill assigns a valuation rating of 1 / 10 to SILTRONIC AG (WAF.DE). This can be considered as Overvalued.
How profitable is SILTRONIC AG (WAF.DE) stock?
SILTRONIC AG (WAF.DE) has a profitability rating of 2 / 10.
Can you provide the expected EPS growth for WAF stock?
The Earnings per Share (EPS) of SILTRONIC AG (WAF.DE) is expected to decline by -217.25% in the next year.