(SOI) Soitec - Overview
Sector: Technology | Industry: Semiconductor Equipment & Materials | Exchange: PA (France) | Market Cap: 5.951m EUR | Total Return: 225.1% in 12m
Avg Turnover: 78.7M
Warnings
P/E ratio 595.0
Tailwinds
Supp Ema20, Leader, Tailwind
Soitec SA is a France-based semiconductor materials manufacturer specializing in engineered substrates, primarily utilizing Silicon-on-Insulator (SOI) technology. The company designs and produces specialized wafers for high-growth sectors including 5G connectivity, automotive electronics, and high-performance computing. Its product portfolio features specialized solutions like SmartSiC for electric vehicle power electronics and Piezoelectric-on-Insulator (POI) for smartphone RF filters.
The business model relies on proprietary Smart Cut technology, which allows Soitec to transfer thin layers of crystalline materials from one substrate to another. This process is critical for the semiconductor industry as it enables chipmakers to reduce power consumption and improve thermal performance without relying solely on traditional transistor scaling. The company operates within the capital-intensive semiconductor materials sector, where high barriers to entry are maintained through complex intellectual property and specialized manufacturing facilities.
For a detailed analysis of the companys intrinsic worth and historical performance metrics, consider reviewing the data available on ValueRay.
Soitec serves a global client base across Asia, Europe, and the United States, providing essential components for infrastructure ranging from cloud computing servers to autonomous vehicle radar systems. By diversifying into Gallium Nitride (GaN) and Photonics SOI, the company is positioning its material science expertise to address the increasing data transmission and energy efficiency requirements of next-generation telecommunications.
- Smartphone inventory cycles impact demand for Radio Frequency Silicon-on-Insulator substrates
- SmartSiC adoption rate drives revenue growth within the electric vehicle segment
- Capital expenditure for manufacturing capacity expansion pressures short-term free cash flow
- 5G infrastructure deployment speed dictates demand for Gallium Nitride power efficiency products
- Semiconductor industry shifts toward FD-SOI architecture for edge computing and automotive radar
| Net Income: 124.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA 4.05 > 1.0 |
| NWC/Revenue: 52.43% < 20% (prev 51.67%; Δ 0.77% < -1%) |
| CFO/TA 0.13 > 3% & CFO 347.2m > Net Income 124.0m |
| Net Debt (653.9m) to EBITDA (427.2m): 1.53 < 3 |
| Current Ratio: 2.35 > 1.5 & < 3 |
| Outstanding Shares: last quarter (35.7m) vs 12m ago -5.21% < -2% |
| Gross Margin: 30.67% > 18% (prev 0.35%; Δ 3.03k% > 0.5%) |
| Asset Turnover: 65.62% > 50% (prev 73.76%; Δ -8.14% > 0%) |
| Interest Coverage Ratio: 5.72 > 6 (EBITDA TTM 427.2m / Interest Expense TTM 31.5m) |
| A: 0.33 (Total Current Assets 1.55b - Total Current Liabilities 657.7m) / Total Assets 2.74b |
| B: 0.44 (Retained Earnings 1.22b / Total Assets 2.74b) |
| C: 0.07 (EBIT TTM 180.0m / Avg Total Assets 2.59b) |
| D: 0.99 (Book Value of Equity 1.25b / Total Liabilities 1.26b) |
| Altman-Z'' = 5.09 = AAA |
| DSRI: 1.31 (Receivables 321.5m/260.4m, Revenue 1.70b/1.80b) |
| GMI: 1.13 (GM 30.67% / 34.68%) |
| AQI: 0.76 (AQ_t 0.10 / AQ_t-1 0.13) |
| SGI: 0.94 (Revenue 1.70b / 1.80b) |
| TATA: -0.08 (NI 124.0m - CFO 347.2m) / TA 2.74b) |
| Beneish M = -2.92 (Cap -4..+1) = A |
As of May 25, 2026, the stock is trading at EUR 177.35 with a total of 359,578 shares traded.
Over the past week, the price has changed by +19.79%,
over one month by +57.43%,
over three months by +339.75% and
over the past year by +225.05%.
Soitec has no consensus analysts rating.
P/E Trailing = 595.0
P/E Forward = 294.1176
P/S = 7.5919
P/B = 3.8296
P/EG = 54.1838
Revenue TTM = 1.70b EUR
EBIT TTM = 180.0m EUR
EBITDA TTM = 427.2m EUR
Long Term Debt = 362.0m EUR (from longTermDebt, last quarter)
Short Term Debt = 415.5m EUR (from shortTermDebt, last quarter)
Debt = 1.15b EUR (from shortLongTermDebtTotal, last quarter) + Leases 201.2m
Net Debt = 653.9m EUR (calculated: Debt 1.15b - CCE 498.7m)
Enterprise Value = 6.60b EUR (5.95b + Debt 1.15b - CCE 498.7m)
Interest Coverage Ratio = 5.72 (Ebit TTM 180.0m / Interest Expense TTM 31.5m)
EV/FCF = 91.93x (Enterprise Value 6.60b / FCF TTM 71.8m)
FCF Yield = 1.09% (FCF TTM 71.8m / Enterprise Value 6.60b)
FCF Margin = 4.23% (FCF TTM 71.8m / Revenue TTM 1.70b)
Net Margin = 7.30% (Net Income TTM 124.0m / Revenue TTM 1.70b)
Gross Margin = 30.67% ((Revenue TTM 1.70b - Cost of Revenue TTM 1.18b) / Revenue TTM)
Gross Margin QoQ = 20.45% (prev 33.37%)
Tobins Q-Ratio = 2.41 (Enterprise Value 6.60b / Total Assets 2.74b)
Interest Expense / Debt = 2.73% (Interest Expense 31.5m / Debt 1.15b)
Taxrate = 17.27% (19.0m / 110.0m)
NOPAT = 148.9m (EBIT 180.0m * (1 - 17.27%))
Current Ratio = 2.35 (Total Current Assets 1.55b / Total Current Liabilities 657.7m)
Debt / Equity = 0.78 (Debt 1.15b / totalStockholderEquity, last quarter 1.47b)
Debt / EBITDA = 1.53 (Net Debt 653.9m / EBITDA 427.2m)
Debt / FCF = 9.10 (Net Debt 653.9m / FCF TTM 71.8m)
Total Stockholder Equity = 1.51b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.79% (Net Income 124.0m / Total Assets 2.74b)
RoE = 8.19% (Net Income TTM 124.0m / Total Stockholder Equity 1.51b)
RoCE = 9.60% (EBIT 180.0m / Capital Employed (Equity 1.51b + L.T.Debt 362.0m))
RoIC = 6.66% (NOPAT 148.9m / Invested Capital 2.24b)
WACC = 8.73% (E(5.95b)/V(7.10b) * Re(9.98%) + D(1.15b)/V(7.10b) * Rd(2.73%) * (1-Tc(0.17)))
Discount Rate = 9.98% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -22.47 | Cagr: -2.18%
[DCF] Terminal Value 74.12% ; FCFF base≈71.8m ; Y1≈72.1m ; Y5≈76.4m
[DCF] Fair Price = 12.96 (EV 1.12b - Net Debt 653.9m = Equity 462.9m / Shares 35.7m; r=8.73% [WACC]; 5y FCF grow 0.0% → 2.50% )
EPS Correlation: -83.63 | EPS CAGR: -44.03% | SUE: -0.70 | # QB: 0
Revenue Correlation: -77.47 | Revenue CAGR: -7.21% | SUE: 0.56 | # QB: 0