SILTRONIC AG (WAF.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:WAF - DE000WAF3001 - Common Stock
50.3 EUR
+1.4 (+2.86%)
We assign a fundamental rating of 2 out of 10 to WAF. WAF was compared to 57 industry peers in the Semiconductors & Semiconductor Equipment industry. Both the profitability and financial health of WAF have multiple concerns. WAF is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
WAF had negative earnings in the past year.
In the past year WAF had a positive cash flow from operations.
Each year in the past 5 years WAF has been profitable.
In the past 5 years WAF always reported a positive cash flow from operatings.
1.2 Ratios
WAF has a worse Return On Assets (-0.56%) than 87.72% of its industry peers.
Looking at the Return On Equity, with a value of -1.44%, WAF is doing worse than 87.72% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 0.62%, WAF is doing worse than 85.96% of the companies in the same industry.
WAF had an Average Return On Invested Capital over the past 3 years of 5.92%. This is significantly below the industry average of 14.06%.
The last Return On Invested Capital (0.62%) for WAF is well below the 3 year average (5.92%), which needs to be investigated, but indicates that WAF had better years and this may not be a problem.
| 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
WAF's Profit Margin has declined in the last couple of years.
WAF's Operating Margin of 2.59% is on the low side compared to the rest of the industry. WAF is outperformed by 87.72% of its industry peers.
WAF's Operating Margin has declined in the last couple of years.
WAF has a Gross Margin of 13.25%. This is amonst the worse of the industry: WAF underperforms 96.49% of its industry peers.
WAF's Gross Margin has declined in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), WAF is destroying value.
WAF has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, WAF has about the same amount of shares outstanding.
WAF has a worse debt/assets ratio than last year.
2.2 Solvency
WAF has an Altman-Z score of 0.94. This is a bad value and indicates that WAF is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 0.94, WAF is not doing good in the industry: 87.72% of the companies in the same industry are doing better.
A Debt/Equity ratio of 0.76 indicates that WAF is somewhat dependend on debt financing.
WAF has a Debt to Equity ratio of 0.76. This is amonst the worse of the industry: WAF underperforms 84.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.76 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.94 |
ROIC/WACC0.07
WACC9.06%
2.3 Liquidity
A Current Ratio of 1.93 indicates that WAF should not have too much problems paying its short term obligations.
WAF has a worse Current ratio (1.93) than 68.42% of its industry peers.
A Quick Ratio of 1.34 indicates that WAF should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.34, WAF is doing worse than 73.68% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.93 | ||
| Quick Ratio | 1.34 |
3. Growth
3.1 Past
The earnings per share for WAF have decreased strongly by -128.35% in the last year.
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.
Looking at the last year, WAF shows a decrease in Revenue. The Revenue has decreased by -5.17% in the last 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 5.45% yearly.
EPS Next Y-218.8%
EPS Next 2Y-90.25%
EPS Next 3Y-27.08%
EPS Next 5Y-36.58%
Revenue Next Year-5.7%
Revenue Next 2Y1.05%
Revenue Next 3Y4.25%
Revenue Next 5Y5.45%
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.
Also next year WAF is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
87.72% of the companies in the same industry are more expensive than WAF, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 6.89 |
4.3 Compensation for Growth
WAF's earnings are expected to decrease with -27.08% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-90.25%
EPS Next 3Y-27.08%
5. Dividend
5.1 Amount
With a yearly dividend of 0.43%, WAF is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 0.81, WAF has a dividend in line with its industry peers.
With a Dividend Yield of 0.43, WAF pays less dividend than the S&P500 average, which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.43% |
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
WAF has negative earnings and hence a negative payout ratio. The dividend may be in danger.
The Dividend Rate of WAF has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP-22.14%
EPS Next 2Y-90.25%
EPS Next 3Y-27.08%
FRA:WAF (1/2/2026, 12:32:05 PM)
50.3
+1.4 (+2.86%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners39.79%
Inst Owner ChangeN/A
Ins Owners2.97%
Ins Owner ChangeN/A
Market Cap1.51B
Revenue(TTM)1.34B
Net Income(TTM)-27.10M
Analysts73.75
Price Target58.73 (16.76%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.43% |
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)0%
PT rev (3m)19.98%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-9.18%
EPS NY rev (1m)-1.32%
EPS NY rev (3m)5.26%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.35%
Revenue NY rev (1m)-0.15%
Revenue NY rev (3m)0.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 1.13 | ||
| P/FCF | N/A | ||
| P/OCF | 6.29 | ||
| P/B | 0.8 | ||
| P/tB | 0.83 | ||
| EV/EBITDA | 6.89 |
EPS(TTM)-0.91
EYN/A
EPS(NY)-3.42
Fwd EYN/A
FCF(TTM)-6.73
FCFYN/A
OCF(TTM)8
OCFY15.9%
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
WACC9.06%
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-218.8%
EPS Next 2Y-90.25%
EPS Next 3Y-27.08%
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-5.7%
Revenue Next 2Y1.05%
Revenue Next 3Y4.25%
Revenue Next 5Y5.45%
EBIT growth 1Y-74.31%
EBIT growth 3Y-25.73%
EBIT growth 5Y-17.43%
EBIT Next Year166.94%
EBIT Next 3Y61.71%
EBIT Next 5Y42.12%
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.
What is the valuation status for WAF stock?
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.
What is the earnings growth outlook for SILTRONIC AG?
The Earnings per Share (EPS) of SILTRONIC AG (WAF.DE) is expected to decline by -218.8% in the next year.