(BESI) BE Semiconductor Industries - Ratings and Ratios
Semiconductor Assembly Equipment, Die Attach, Packaging, Plating
BESI EPS (Earnings per Share)
BESI Revenue
Description: BESI BE Semiconductor Industries
BE Semiconductor Industries N.V. is a leading developer, manufacturer, and supplier of semiconductor assembly equipment, serving the global semiconductor and electronics industries. The companys diverse product portfolio includes die attach, packaging, and plating equipment, as well as related tooling, conversion kits, spare parts, and services. With a presence in multiple countries, BESI caters to a broad customer base, including multinational chip manufacturers, assembly subcontractors, and electronics and industrial companies.
From a financial perspective, BESI has demonstrated strong performance, with a Return on Equity (RoE) of 37.51%, indicating efficient use of shareholder capital. The companys market capitalization stands at approximately €10.1 billion, reflecting its significant presence in the industry. To further assess its valuation, we can examine the Price-to-Earnings (P/E) ratio, which is 56.62, and the forward P/E, which is 63.69. These metrics suggest that BESI is trading at a premium, potentially due to its strong growth prospects or industry positioning.
To gain a deeper understanding of BESIs operational performance, we can analyze key performance indicators (KPIs) such as revenue growth, gross margin, and operating margin. A high gross margin would indicate the companys ability to maintain pricing power and control costs, while a strong operating margin would suggest effective management of operating expenses. Additionally, analyzing BESIs research and development (R&D) expenses as a percentage of revenue can provide insights into its commitment to innovation and staying ahead in the competitive semiconductor equipment market.
From a technical analysis perspective, BESIs stock price has shown a positive trend, with its short-term and long-term moving averages (SMA20, SMA50, and SMA200) indicating an overall upward trajectory. The Average True Range (ATR) of 3.08 (or 2.40%) suggests relatively moderate volatility. To further assess the stocks potential, we can examine other technical indicators, such as the Relative Strength Index (RSI) and Bollinger Bands, to gauge its momentum and potential for future price movements.
BESI Stock Overview
| Market Cap in USD | 10,781m |
| Sub-Industry | Semiconductor Materials & Equipment |
| IPO / Inception | 1995-12-04 |
BESI Stock Ratings
| Growth Rating | 55.8% |
| Fundamental | 69.4% |
| Dividend Rating | 50.5% |
| Return 12m vs S&P 500 | -17.2% |
| Analyst Rating | - |
BESI Dividends
| Dividend Yield 12m | 1.92% |
| Yield on Cost 5y | 6.39% |
| Annual Growth 5y | 16.31% |
| Payout Consistency | 75.9% |
| Payout Ratio | 102.4% |
BESI Growth Ratios
| Growth Correlation 3m | -30.3% |
| Growth Correlation 12m | 26.4% |
| Growth Correlation 5y | 82.2% |
| CAGR 5y | 27.03% |
| CAGR/Max DD 5y | 0.50 |
| Sharpe Ratio 12m | 0.53 |
| Alpha | -12.81 |
| Beta | 1.167 |
| Volatility | 44.50% |
| Current Volume | 422.2k |
| Average Volume 20d | 289.6k |
| Stop Loss | 111 (-3.6%) |
| Signal | -0.25 |
Piotroski VR‑10 (Strict, 0-10) 4.5
| Net Income (169.6m TTM) > 0 and > 6% of Revenue (6% = 36.1m TTM) |
| FCFTA 0.16 (>2.0%) and ΔFCFTA -3.94pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 112.3% (prev 75.77%; Δ 36.58pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.19 (>3.0%) and CFO 206.3m > Net Income 169.6m (YES >=105%, WARN >=100%) |
| Net Debt (196.0m) to EBITDA (196.3m) ratio: 1.00 <= 3.0 (WARN <= 3.5) |
| Current Ratio 5.73 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (78.9m) change vs 12m ago -1.03% (target <= -2.0% for YES) |
| Gross Margin 63.90% (prev 65.48%; Δ -1.58pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 65.31% (prev 74.71%; Δ -9.40pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 7.37 (EBITDA TTM 196.3m / Interest Expense TTM 26.6m) >= 6 (WARN >= 3) |
Altman Z'' 5.82
| (A) 0.63 = (Total Current Assets 819.6m - Total Current Liabilities 143.0m) / Total Assets 1.07b |
| (B) 0.05 = Retained Earnings (Balance) 51.7m / Total Assets 1.07b |
| (C) 0.21 = EBIT TTM 196.3m / Avg Total Assets 922.1m |
| (D) 0.07 = Book Value of Equity 51.7m / Total Liabilities 710.5m |
| Total Rating: 5.82 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 69.35
| 1. Piotroski 4.50pt = -0.50 |
| 2. FCF Yield 1.75% = 0.88 |
| 3. FCF Margin 27.52% = 6.88 |
| 4. Debt/Equity 1.47 = 1.50 |
| 5. Debt/Ebitda 2.68 = -1.27 |
| 6. ROIC - WACC 15.65% = 12.50 |
| 7. RoE 36.94% = 2.50 |
| 8. Rev. Trend 4.10% = 0.20 |
| 9. Rev. CAGR -4.64% = -0.77 |
| 10. EPS Trend -17.52% = -0.44 |
| 11. EPS CAGR -17.01% = -2.13 |
What is the price of BESI shares?
Over the past week, the price has changed by -3.28%, over one month by -4.08%, over three months by +4.16% and over the past year by -3.14%.
Is BE Semiconductor Industries a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of BESI is around 122.46 EUR . This means that BESI is currently overvalued and has a potential downside of 6.39%.
Is BESI a buy, sell or hold?
What are the forecasts/targets for the BESI price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 137 | 19% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 138.3 | 20.1% |
BESI Fundamental Data Overview
Market Cap EUR = 9.26b (9.26b EUR * 1.0 EUR.EUR)
CCE Cash And Equivalents = 330.2m EUR (Cash only, last quarter)
P/E Trailing = 54.9765
P/E Forward = 70.4225
P/S = 15.3685
P/B = 26.4507
P/EG = 2.8465
Beta = 1.27
Revenue TTM = 602.2m EUR
EBIT TTM = 196.3m EUR
EBITDA TTM = 196.3m EUR
Long Term Debt = 526.2m EUR (from longTermDebt, last quarter)
Short Term Debt = unknown (0.0)
Debt = 526.2m EUR (Calculated: Short Term 0.0 + Long Term 526.2m)
Net Debt = 196.0m EUR (from netDebt column, last quarter)
Enterprise Value = 9.45b EUR (9.26b + Debt 526.2m - CCE 330.2m)
Interest Coverage Ratio = 7.37 (Ebit TTM 196.3m / Interest Expense TTM 26.6m)
FCF Yield = 1.75% (FCF TTM 165.8m / Enterprise Value 9.45b)
FCF Margin = 27.52% (FCF TTM 165.8m / Revenue TTM 602.2m)
Net Margin = 28.17% (Net Income TTM 169.6m / Revenue TTM 602.2m)
Gross Margin = 63.90% ((Revenue TTM 602.2m - Cost of Revenue TTM 217.4m) / Revenue TTM)
Tobins Q-Ratio = 182.8 (set to none) (Enterprise Value 9.45b / Book Value Of Equity 51.7m)
Interest Expense / Debt = 2.68% (Interest Expense 14.1m / Debt 526.2m)
Taxrate = 3.46% (from yearly Tax Provision: 6.53m / 188.5m)
NOPAT = 189.5m (EBIT 196.3m * (1 - 3.46%))
Current Ratio = 5.73 (Total Current Assets 819.6m / Total Current Liabilities 143.0m)
Debt / Equity = 1.47 (Debt 526.2m / last Quarter total Stockholder Equity 356.8m)
Debt / EBITDA = 2.68 (Net Debt 196.0m / EBITDA 196.3m)
Debt / FCF = 3.17 (Debt 526.2m / FCF TTM 165.8m)
Total Stockholder Equity = 459.2m (last 4 quarters mean)
RoA = 15.89% (Net Income 169.6m, Total Assets 1.07b )
RoE = 36.94% (Net Income TTM 169.6m / Total Stockholder Equity 459.2m)
RoCE = 19.92% (Ebit 196.3m / (Equity 459.2m + L.T.Debt 526.2m))
RoIC = 25.55% (NOPAT 189.5m / Invested Capital 741.5m)
WACC = 9.90% (E(9.26b)/V(9.78b) * Re(10.32%)) + (D(526.2m)/V(9.78b) * Rd(2.68%) * (1-Tc(0.03)))
Shares Correlation 5-Years: 70.0 | Cagr: 3.09%
Discount Rate = 10.32% (= CAPM, Blume Beta Adj.)
[DCF Debug] Terminal Value 69.05% ; FCFE base≈160.0m ; Y1≈149.0m ; Y5≈137.1m
Fair Price DCF = 21.63 (DCF Value 1.71b / Shares Outstanding 79.0m; 5y FCF grow -8.72% → 3.0% )
Revenue Correlation: 4.10 | Revenue CAGR: -4.64%
Rev Growth-of-Growth: 5.42
EPS Correlation: -17.52 | EPS CAGR: -17.01%
EPS Growth-of-Growth: 0.35